Gretex Industries Ltd
Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments[1]
- Market Cap ₹ 51.2 Cr.
- Current Price ₹ 122
- High / Low ₹ 122 / 37.4
- Stock P/E 5.10
- Book Value ₹ 56.1
- Dividend Yield 0.00 %
- ROCE 150 %
- ROE 215 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 247% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 88.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.13.2 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.10 | 0.04 | 3.89 | 3.71 | 2.38 | 8.05 | 14.21 | 11.14 | 9.62 | 13.06 | 21.88 | 31.13 | |
0.08 | 0.07 | 3.03 | 2.71 | 2.22 | 7.70 | 13.98 | 11.42 | 8.74 | 12.89 | 21.10 | 30.75 | |
Operating Profit | 0.02 | -0.03 | 0.86 | 1.00 | 0.16 | 0.35 | 0.23 | -0.28 | 0.88 | 0.17 | 0.78 | 0.38 |
OPM % | 20.00% | -75.00% | 22.11% | 26.95% | 6.72% | 4.35% | 1.62% | -2.51% | 9.15% | 1.30% | 3.56% | 1.22% |
0.02 | 0.19 | 0.16 | 0.04 | -1.44 | 0.08 | 0.08 | 0.22 | -1.00 | 0.28 | 0.15 | 13.23 | |
Interest | 0.02 | 0.05 | 0.26 | 0.21 | 0.16 | 0.12 | 0.12 | 0.05 | 0.01 | 0.04 | 0.07 | 0.25 |
Depreciation | 0.02 | 0.07 | 0.34 | 0.45 | 0.50 | 0.14 | 0.14 | 0.13 | 0.07 | 0.05 | 0.04 | 0.09 |
Profit before tax | 0.00 | 0.04 | 0.42 | 0.38 | -1.94 | 0.17 | 0.05 | -0.24 | -0.20 | 0.36 | 0.82 | 13.27 |
Tax % | 25.00% | 33.33% | 36.84% | 24.23% | 64.71% | 60.00% | 4.17% | -55.00% | -47.22% | 21.95% | 24.79% | |
0.00 | 0.03 | 0.28 | 0.24 | -1.47 | 0.06 | 0.02 | -0.23 | -0.32 | 0.54 | 0.64 | 9.98 | |
EPS in Rs | 0.00 | 4.73 | 44.16 | 0.76 | -3.49 | 0.14 | 0.05 | -0.55 | -0.76 | 1.28 | 1.52 | 23.70 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 95% |
5 Years: | 17% |
3 Years: | 48% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | 79% |
5 Years: | 247% |
3 Years: | 426% |
TTM: | 1470% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 83% |
3 Years: | 124% |
1 Year: | 123% |
Return on Equity | |
---|---|
10 Years: | 31% |
5 Years: | 54% |
3 Years: | 88% |
Last Year: | 215% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.04 | 0.06 | 0.06 | 3.16 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 |
Reserves | 1.16 | 1.98 | 2.29 | 0.30 | -0.26 | -0.20 | -0.18 | -0.41 | -0.73 | -0.19 | 0.46 | 19.42 |
1.02 | 3.34 | 4.19 | 2.71 | 1.16 | 1.12 | 0.89 | 0.09 | 0.03 | 0.82 | 4.44 | 1.06 | |
0.00 | 0.05 | 0.80 | 0.66 | 0.45 | 0.16 | 0.62 | 1.42 | 0.89 | 0.76 | 0.98 | 4.91 | |
Total Liabilities | 2.22 | 5.43 | 7.34 | 6.83 | 5.56 | 5.29 | 5.54 | 5.31 | 4.40 | 5.60 | 10.09 | 29.60 |
0.02 | 4.45 | 4.69 | 3.80 | 1.33 | 1.20 | 1.08 | 0.79 | 0.08 | 0.05 | 0.71 | 0.64 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.12 | 0.22 | 0.22 | 0.69 | 0.69 | 0.23 | 0.00 | 0.00 | 0.00 | 1.32 | 0.68 | 14.11 |
1.08 | 0.76 | 2.43 | 2.34 | 3.54 | 3.86 | 4.46 | 4.52 | 4.32 | 4.23 | 8.70 | 14.85 | |
Total Assets | 2.22 | 5.43 | 7.34 | 6.83 | 5.56 | 5.29 | 5.54 | 5.31 | 4.40 | 5.60 | 10.09 | 29.60 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.31 | 0.73 | 0.81 | 0.04 | -2.15 | -0.36 | 0.32 | 0.75 | -0.18 | 1.37 | -0.25 | 4.72 | |
-0.35 | -3.46 | -0.54 | -0.36 | 1.00 | 0.51 | 0.27 | 0.05 | 0.16 | -1.29 | -0.04 | -4.47 | |
-0.02 | 3.06 | -0.44 | 0.38 | 1.12 | -0.13 | -0.52 | -0.47 | -0.04 | -0.04 | -0.07 | -0.25 | |
Net Cash Flow | -0.07 | 0.33 | -0.17 | 0.06 | -0.04 | 0.02 | 0.06 | 0.33 | -0.05 | 0.04 | -0.36 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 365.00 | 112.60 | 125.93 | 177.90 | 96.12 | 59.59 | 47.18 | 37.56 | 28.23 | 35.70 | |
Inventory Days | 74.17 | 417.83 | 57.63 | 39.10 | 60.53 | 86.86 | 67.35 | 64.40 | ||||
Days Payable | 54.65 | 105.66 | 6.75 | 17.01 | 48.64 | 34.23 | 19.24 | 9.17 | ||||
Cash Conversion Cycle | 0.00 | 365.00 | 112.60 | 145.45 | 490.07 | 147.01 | 81.68 | 59.07 | 90.19 | 76.34 | 90.93 | |
Working Capital Days | 3,577.00 | 2,372.50 | 99.46 | 125.93 | 384.94 | 148.27 | 86.56 | 75.69 | 108.13 | 74.62 | 87.75 | |
ROCE % | 1.17% | 2.37% | 11.41% | 9.28% | -4.79% | 5.66% | 3.38% | -4.31% | 24.59% | 9.58% | 12.76% |
Documents
Announcements
No data available.
Business Overview:[1][2]
Company is the Sole authorized distributor
of Musical Instruments, Professional Audio
& Audio Visual products in Eastern & North
Eastern India for globally renowned brands.