Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 591 Cr.
- Current Price ₹ 513
- High / Low ₹ 617 / 185
- Stock P/E 20.3
- Book Value ₹ 87.5
- Dividend Yield 0.10 %
- ROCE 59.9 %
- ROE 44.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 159% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 51.3%
Cons
- Working capital days have increased from 30.9 days to 125 days
* 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
2 | 3 | 1 | 3 | 4 | 15 | 138 | |
3 | 2 | 2 | 2 | 3 | 6 | 90 | |
Operating Profit | -0 | 1 | -1 | 1 | 2 | 9 | 49 |
OPM % | -15% | 22% | -78% | 35% | 38% | 61% | 35% |
0 | 0 | 0 | 0 | 0 | -0 | 7 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
Profit before tax | -0 | 0 | -1 | 1 | 2 | 9 | 53 |
Tax % | -10% | 20% | -1% | 4% | 3% | 24% | 25% |
-1 | 0 | -2 | 1 | 4 | 18 | 40 | |
EPS in Rs | -1.16 | 0.40 | -2.54 | 0.69 | 3.05 | 15.34 | 24.85 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 3% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 113% |
3 Years: | 253% |
TTM: | 809% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 159% |
3 Years: | 261% |
TTM: | 64% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 46% |
3 Years: | 51% |
Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 10 | 12 |
Reserves | 4 | 5 | 3 | 5 | 12 | 21 | 89 |
2 | 3 | 4 | 2 | 2 | 0 | 4 | |
1 | 1 | 1 | 1 | 4 | 10 | 63 | |
Total Liabilities | 8 | 9 | 8 | 10 | 20 | 41 | 168 |
4 | 3 | 3 | 3 | 9 | 10 | 35 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 3 | 4 | 4 | 5 | 8 | 26 | 47 |
1 | 2 | 1 | 2 | 2 | 5 | 86 | |
Total Assets | 8 | 9 | 8 | 10 | 20 | 41 | 168 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-0 | 0 | -0 | 1 | 2 | 20 | -19 | |
1 | -0 | -0 | -1 | -4 | -17 | -37 | |
-0 | 0 | 1 | 0 | 3 | -2 | 67 | |
Net Cash Flow | -0 | 0 | 0 | 0 | 0 | 1 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 16 | 25 | 49 | 144 | 41 | 14 | 6 |
Inventory Days | 285 | ||||||
Days Payable | 0 | ||||||
Cash Conversion Cycle | 16 | 25 | 49 | 144 | 41 | 14 | 291 |
Working Capital Days | -30 | 45 | -62 | 79 | 50 | -82 | 125 |
ROCE % | 7% | -11% | 13% | 14% | 34% |
Documents
Announcements
- Closure of Trading Window 29 Jun
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 26 Jun
- Board Meeting Outcome for Revised Submission Of Financial Results For The Period Ended 31St March, 2024 - Board Meeting Dated 17Th April, 2024. 22 Jun
- Intimation Under Regulation 30 Of SEBI (LODR)Regulations, 2015 18 Jun
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 14 Jun
Annual reports
Concalls
-
Aug 2023TranscriptNotesPPT
Business Overview:[1][2][3]
Company is a SEBI Registered Category I Merchant Banker and offers financial and consultancy services in areas of Capital Markets, Corporate Finance, Corporate Restructuring, Debt Syndication, Compliance Advisory. In FY23, company listed 9 Companies on SME Platform of BSE Limited.