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Gretex Industries Ltd (GRETEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GRETEX Trading | Small Cap | Gretex Ind Share Price

BSE Share Price
Not Listed

Gretex Industries Ltd (GRETEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GRETEX Trading | Small Cap | Gretex Ind Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹395 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹0.8
TTM Sales
₹51.3 Cr.
Book Value per Share
₹33.8
P/E Ratio
310.12
Higher than its 5-year historical median
Industry PE
35.7
Price to Book (P/B)
7.54
Higher than its 5-year historical median
Price to Sales (P/S)
7.70
Higher than its 5-year historical median
EV/EBITDA
278.37
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
6.54%
Outperforms industry median
Return on Capital Employed (ROCE)
5.73%
Outperforms industry median
Return on Assets (ROA)
4.63%
Operating Profit Margin
1.5%
Net Profit Margin
4.85%
Gross Profit Margin
3.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
5.75%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
68.97%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-83.97%
Asset Quality
Promoter Holding
64.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹37 Cr.
Equity
₹15.5 Cr.
Face Value
₹10
All Time Low / High
- / -

Gretex Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Gretex Industries Ltd a good quality company?
Gretex Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Gretex Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Gretex Industries Ltd vs industry peers?
Gretex Industries Ltd revenue CAGR is 24.18%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Gretex Industries Ltd?
Promoters hold 64.95% of the Gretex Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Gretex Industries Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 87.13% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gretex Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.3%-30.8%5.8%3.4%-1.8%9.7%9.7%12.8%80.1%5.7%-
Value Creation
Index
-0.3-3.2-0.6-0.8-1.1-0.3-0.3-0.14.7-0.6-

Growth Parameters

Sales 3.72.48.114.211.29.613.121.931.132.951
Sales YoY Gr.--36%238.2%76.5%-21.5%-13.6%35.6%67.5%42.3%5.8%-
Adj EPS 1.5-10.20.1-0.30.61.31.523.71.10.8
YoY Gr.--167.6%NA-66.7%-720%NA132.7%13.3%1534.5%-95.4%-
BVPS (₹) 12.89.49.59.698.39.611.156.11733.8
Adj Net
Profit
0.3-0.40.10-0.10.20.50.6101.61
Cash Flow from Ops. 0.2-2.2-0.40.30.8-0.21.4-0.38.1-6.4-
Debt/CF from Ops. 15.5-0.5-3.12.70.1-0.20.6-17.70.1-1.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 27.4%24.2%36.1%5.8%
Adj EPS -3.2%NA-5.5%-95.4%
BVPS3.2%13.5%21.2%-69.6%
Share Price - 92.1% 67.2% 1.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.2-10.71.60.5-3.36.414.414.170.66.53.2
Op. Profit
Mgn %
26.7-4.44.41.6-1.63.51.33.60.91.5-13.7
Net Profit
Mgn %
8.4-17.30.80.2-1.22.44.12.832.14.92.5
Debt to
Equity
0.70.30.30.2000.2100.4-
Working Cap
Days
20638614997124137979512819947
Cash Conv.
Cycle
1183131247976716461649533

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales42814111013223133
Operating Expenses + 3281411913213132
Manufacturing Costs0001000000
Material Costs2271210912192829
Employee Cost 0001100122
Other Costs 0000001112
Operating Profit 1-000-000100
Operating Profit Margin (%) 26.7%-4.4%4.4%1.6%-1.6%3.5%1.3%3.6%0.9%1.5%
Other Income + 00000000131
Exceptional Items 0-200000000
Interest 0000000001
Depreciation 0000000000
Profit Before Tax 0-200-0001131
Tax 0-000-00-003-0
Profit After Tax 0-100-0011102
PAT Margin (%) 8.4%-61.7%0.8%0.2%-1.2%2.5%4.1%2.9%32.1%4.9%
Adjusted EPS (₹)1.5-3.50.20.1-0.30.61.31.523.71.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Gretex Ind - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 444443452425
Share Capital 34444444415
Reserves 1-0-0-0-0-1-001910
Debt +21110014110
Long Term Debt1110000000
Short Term Debt10000014110
Minority Interest0000000000
Trade Payables0001111014
Others Liabilities 1-0-0-000-0041
Total Liabilities 7555545102940

Fixed Assets

Net Fixed Assets +4111100111
Gross Block5222200111
Accumulated Depreciation1011100000
CWIP 0000000000
Investments 110000111416
Inventories02112223511
Trade Receivables1122111234
Cash Equivalents 0000111000
Others Assets 0000110378
Total Assets 7555545102940

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0-2-001-01-08-6
PBT 0-200-0001131
Adjustment 1200000001
Changes in Working Capital -1-2-101-11-1-6-5
Tax Paid 000000-000-3
Cash Flow From Investing Activity + -011000-1-0-4-2
Capex -01-0-000-0-1-0-0
Net Investments -001000-11-13-1
Others 0000-0-00090
Cash Flow From Financing Activity + 01-0-1-0-0-0-0-48
Net Proceeds from Shares 1200000000
Net Proceeds from Borrowing -1-1-0-0-0-00000
Interest Paid -0-0-0-0-0-0-0-0-0-1
Dividend Paid 0000000000
Others -0-0000000-39
Net Cash Flow 0-0000-00-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)12.18-43.781.630.54-3.326.4614.3514.8170.556.54
ROCE (%)10.34-30.815.813.36-1.839.719.712.7580.075.73
Asset Turnover Ratio0.510.381.542.682.182.082.752.931.650.99
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A1-00.8-3
Working Capital Days
Receivable Days121.90187.1074.405759.3044.402725.5027.8036.60
Inventory Days52.10162.1064.503147.1067.6056.6044.8044.7083.30
Payable Days82.3087.2014.7010.4034.60462210.609.7031.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gretex Industries Ltd FAQs

The current trading price of Gretex Ind on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Gretex Ind stood at ₹395.1 Cr

The latest P/E ratio of Gretex Ind as of 31-Dec-1969 is 310.1.

The latest P/B ratio of Gretex Ind as of 31-Dec-1969 is 7.54.

The 52-week high of Gretex Ind is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gretex Ind is ₹51.30 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gretex Industries Ltd is a below average quality company.

The key valuation ratios of Gretex Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Gretex Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Gretex Industries Ltd

Gretex Industries was incorporated in the year 2009 as ‘Heritage Barter Private Limited’. The company’s present promoters purchased the shares of the Company in 2010 from the erstwhile promoters. Its business from operations started by manufacturing of fabric and hosiery garments like thermal innerwear and leggings in the year 2013-14. The company started taking job work assignments for knitting for Rupa & Company and gradually for others. Further, it also started production under its brand ‘Lekme’ besides undertaking job work assignments. It manufactures thermal innerwear and leggings under its own brand name of ‘Lekme’. Further, the company changed its name to ‘Gretex Industries Private Limited’ and then converted into public company ‘Gretex Industries Limited’ in the year 2013.

The company’s manufacturing facility is situated at Jalan Industrial Complex in Domjur Area in the district of Howrah, which is one of the oldest Industrial Complex nearby Kolkata. It is situated on the Kolkata - Mumbai Highway and is at a distance of 15 Km from Howrah.

Business area of the company

The company’s product range includes production of fabric by using Interlock, Rib, Reversible, Fleece, Polyfill techniques. It also manufactures Sinker using Lycra yarns.

 

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