Gretex Industries Ltd

Gretex Industrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Gretex Industries Ltd

₹ 254 -1.99%
19 Nov - close price
gretexindustries.com NSE - SME: GRETEX
About

Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments[1]

Key Points

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.

Website NSE - ST
  • Market Cap ₹ 376 Cr.
  • Current Price ₹ 254
  • High / Low ₹ 290 / 42.4
  • Stock P/E 37.3
  • Book Value ₹ 16.2
  • Dividend Yield 0.00 %
  • ROCE 6.98 %
  • ROE 6.50 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 115% CAGR over last 5 years

Cons

  • Stock is trading at 15.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.08%
  • Company has a low return on equity of 9.44% over last 3 years.
  • Earnings include an other income of Rs.13.8 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.

Peer comparison

Sector: Trading Industry: Trading

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
6 5 3 7 5 8 11 11 16 15 16
6 5 3 6 5 8 10 11 15 15 16
Operating Profit -0 -0 0 0 0 0 0 1 0 -0 -0
OPM % -0% -4% 0% 4% 2% 1% 2% 5% 3% -0% -1%
0 0 -0 0 0 0 0 -0 0 13 1
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 -1 0 0 0 0 0 1 13 1
Tax % 83% -28% 21% 0% 0% -85% -7% 55% 26% 25% 19%
-0 -0 -1 0 0 0 0 0 0 10 0
EPS in Rs -0.24 -0.31 -1.61 0.85 0.40 0.88 1.12 0.40 0.95 22.75 0.28
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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 TTM
0 0 4 4 2 8 14 11 10 13 22 31 31
0 0 3 3 2 8 14 11 9 13 21 31 31
Operating Profit 0 -0 1 1 0 0 0 -0 1 0 1 0 -0
OPM % 20% -75% 22% 27% 7% 4% 2% -3% 9% 1% 4% 1% -0%
0 0 0 0 -1 0 0 0 -1 0 0 13 14
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 -2 0 0 -0 -0 0 1 13 13
Tax % 25% 33% 37% -24% 65% 60% -4% 55% -47% 22% 25%
0 0 0 0 -1 0 0 -0 -0 1 1 10 10
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 23.03
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 95%
5 Years: 17%
3 Years: 48%
TTM: 16%
Compounded Profit Growth
10 Years: 41%
5 Years: 115%
3 Years: 147%
TTM: 1667%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 183%
1 Year: 529%
Return on Equity
10 Years: 5%
5 Years: 6%
3 Years: 9%
Last Year: 7%

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 Sep 2024
Equity Capital 0.04 0.06 0.06 3 4 4 4 4 4 4 4 4 15
Reserves 1 2 2 0 -0 -0 -0 -0 -1 -0 0 19 9
1 3 4 3 1 1 1 0 0 1 4 1 7
0 0 1 1 0 0 1 1 1 1 1 5 3
Total Liabilities 2 5 7 7 6 5 6 5 4 6 10 30 34
0 4 5 4 1 1 1 1 0 0 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1 0 0 1 1 0 0 0 0 1 1 14 13
1 1 2 2 4 4 4 5 4 4 9 15 20
Total Assets 2 5 7 7 6 5 6 5 4 6 10 30 34

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 1 1 0 -2 -0 0 1 -0 1 -0 5
-0 -3 -1 -0 1 1 0 0 0 -1 -0 -4
-0 3 -0 0 1 -0 -1 -0 -0 -0 -0 -0
Net Cash Flow -0 0 -0 0 -0 0 0 0 -0 0 -0 0

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 0 365 113 126 178 96 60 47 38 28 36 33
Inventory Days 74 418 58 39 61 87 67 64 60
Days Payable 55 106 7 17 49 34 19 9 13
Cash Conversion Cycle 0 365 113 145 490 147 82 59 90 76 91 79
Working Capital Days 3,577 2,372 99 126 385 148 87 76 108 75 88 112
ROCE % 1% 2% 11% 9% -5% 6% 3% -4% 25% 10% 13% 7%

Shareholding Pattern

Numbers in percentages

9 Recently
Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
52.98% 52.98% 52.98% 52.98% 52.98% 52.98% 52.98% 52.99% 52.99% 52.99% 52.99% 63.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.20%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.18%
47.02% 47.01% 47.01% 47.01% 47.01% 47.01% 47.02% 47.01% 47.01% 47.01% 47.01% 36.22%
No. of Shareholders 5144464855545454555660107

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

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