Gretex Industries Ltd
Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments[1]
- Market Cap ₹ 55.2 Cr.
- Current Price ₹ 131
- High / Low ₹ 144 / 37.4
- Stock P/E 5.46
- Book Value ₹ 56.0
- Dividend Yield 0.00 %
- ROCE 146 %
- ROE 216 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 88.4%
- Debtor days have improved from 28.4 to 22.5 days.
- Company's working capital requirements have reduced from 95.7 days to 65.9 days
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
4 | 2 | 10 | 13 | 23 | 35 | |
3 | 2 | 9 | 13 | 22 | 34 | |
Operating Profit | 1 | 0 | 1 | 0 | 1 | 1 |
OPM % | 27% | 7% | 9% | 1% | 4% | 2% |
0 | -2 | -1 | 0 | 0 | 13 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | -2 | -0 | 0 | 1 | 13 |
Tax % | 37% | -23% | 55% | -47% | 24% | 25% |
0 | -2 | -0 | 1 | 1 | 10 | |
EPS in Rs | 0.76 | -3.78 | -0.76 | 1.28 | 1.52 | 23.82 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 53% |
TTM: | 53% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 174% |
TTM: | 1478% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 89% |
3 Years: | 138% |
1 Year: | 153% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 88% |
Last Year: | 216% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 3 | 4 | 4 | 4 | 4 | 4 |
Reserves | 0 | -0 | -1 | -0 | 0 | 19 |
3 | 1 | 0 | 1 | 4 | 1 | |
1 | 0 | 1 | 1 | 2 | 7 | |
Total Liabilities | 7 | 5 | 4 | 6 | 11 | 31 |
4 | 1 | 0 | 0 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 0 | 0 | 0 | 13 |
2 | 4 | 4 | 6 | 10 | 18 | |
Total Assets | 7 | 5 | 4 | 6 | 11 | 31 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
0 | -2 | -0 | -0 | 0 | -8 | |
-0 | 1 | 0 | 0 | -1 | 9 | |
0 | 1 | -0 | -0 | -0 | -0 | |
Net Cash Flow | 0 | -0 | -0 | 0 | -0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 126 | 178 | 38 | 28 | 34 | |
Inventory Days | 74 | 418 | 87 | 109 | 68 | |
Days Payable | 55 | 106 | 34 | 19 | 9 | |
Cash Conversion Cycle | 145 | 490 | 90 | 118 | 94 | |
Working Capital Days | 126 | 385 | 108 | 121 | 101 | |
ROCE % | -7% | 9% | 13% |
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.