Is Gretex Industries Ltd (GRETEX) a good quality company?

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

Is Gretex Industries Ltd (GRETEX) undervalued or overvalued?

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

What is Gretex Industries Ltd (GRETEX) share price return in the past 10 years?

Data is not available for this company

Is Gretex Industries Ltd (GRETEX) a good buy now?

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

What is the share price of Gretex Industries Ltd (GRETEX)?

Company share prices are keep on changing according to the market conditions. The current trading price of Gretex Industries Ltd (GRETEX) on 01-Jan-1970 05:30:00 at 05:30 is .

What is the market cap of Gretex Industries Ltd (GRETEX)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 at 05:30, the market cap of Gretex Industries stood at Rs. 466.73 Cr.

What is the P/E ratio of Gretex Industries?

The latest standalone P/E ratio of Gretex Industries as of 01-Jan-1970 is 292.23.

What is the P/B ratio of Gretex Industries Ltd (GRETEX)?

The latest standalone P/B ratio of Gretex Industries Ltd (GRETEX) as of 01-Jan-1970 is 8.78.

What is the 52-week high and low of Gretex Industries Ltd (GRETEX)?

The 52-week high of Gretex Industries Ltd (GRETEX) is Rs. 0.00 and the 52-week low is Rs. 0.00.

What is the TTM revenue of Gretex Industries Ltd (GRETEX)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gretex Industries is Rs. 32.92 (Cr.).

Gretex Industries Ltd (GRETEX) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Gretex Industries Ltd (GRETEX)
Brand: Gretex Industries

10 Year X-Ray :

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
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	-0.1	4.7	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	3.7	2.4	8.1	14.2	11.2	9.6	13.1	21.9	31.1	32.9	33
Sales YoY Gr.	-	-36%	238.2%	76.5%	-21.5%	-13.6%	35.6%	67.5%	42.3%	5.8%	-
Adj EPS ⓘ	1.5	-1	0.2	0.1	-0.3	0.6	1.3	1.5	23.7	1.1	1
YoY Gr.	-	-167.6%	NA	-66.7%	-720%	NA	132.7%	13.3%	1534.5%	-95.4%	-
BVPS (₹) ⓘ	12.8	9.4	9.5	9.6	9	8.3	9.6	11.1	56.1	17	34.3
Adj Net Profit ⓘ	0.3	-0.4	0.1	0	-0.1	0.2	0.5	0.6	10	1.6	2
Cash Flow from Ops. ⓘ	0.2	-2.2	-0.4	0.3	0.8	-0.2	1.4	-0.3	8.1	-6.4	-
Debt/CF from Ops. ⓘ	15.5	-0.5	-3.1	2.7	0.1	-0.2	0.6	-17.7	0.1	-1.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	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%
BVPSⓘ	3.2%	13.5%	21.2%	-69.6%
Share Price	-	94.6%	103.8%	21.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	10.2	-10.7	1.6	0.5	-3.3	6.4	14.4	14.1	70.6	6.5	4
Op. Profit Mgn % ⓘ	26.7	-4.4	4.4	1.6	-1.6	3.5	1.3	3.6	0.9	1.5	-13.7
Net Profit Mgn % ⓘ	8.4	-17.3	0.8	0.2	-1.2	2.4	4.1	2.8	32.1	4.9	4.9
Debt to Equity ⓘ	0.7	0.3	0.3	0.2	0	0	0.2	1	0	0.4	-
Working Cap Days ⓘ	206	386	149	97	124	137	97	95	128	199	47
Cash Conv. Cycle ⓘ	118	313	124	79	76	71	64	61	64	95	33

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 36.09%

Sales growth is good in last 4 quarters at 78.62%

Return on Equity has declined versus last 3 years average to 4.00%

Net Profit has been subdued in last 3 years -5.51%

	Standalone	Consolidated
TTM EPS (₹)	1	0.9
TTM Sales (₹ Cr.)	32.9	35.8
BVPS (₹) ⓘ	34.3	34.4
Reserves (₹ Cr.) ⓘ	38	38
P/BV ⓘ	8.78	8.76
PE ⓘ	292.23	329.48

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	467
Equity (₹ Cr.)	15.5
Face Value (₹)	10
Industry PE ⓘ	24.4

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	4	2	8	14	11	10	13	22	31	33
Operating Expenses ⓘ +	3	2	8	14	11	9	13	21	31	32
Manufacturing Costs	0	0	0	1	0	0	0	0	0	0
Material Costs	2	2	7	12	10	9	12	19	28	29
Employee Cost	0	0	0	1	1	0	0	1	2	2
Other Costs ⓘ	0	0	0	0	0	0	1	1	1	2
Operating Profit ⓘ	1	-0	0	0	-0	0	0	1	0	0
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 ⓘ +	0	0	0	0	0	0	0	0	13	1
Exceptional Items ⓘ	0	-2	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	1
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	-2	0	0	-0	0	0	1	13	1
Tax ⓘ	0	-0	0	0	-0	0	-0	0	3	-0
Profit After Tax	0	-1	0	0	-0	0	1	1	10	2
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	-3.5	0.2	0.1	-0.3	0.6	1.3	1.5	23.7	1.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	4	4	4	4	4	3	4	5	24	25
Share Capital ⓘ	3	4	4	4	4	4	4	4	4	15
Reserves ⓘ	1	-0	-0	-0	-0	-1	-0	0	19	10
Debt +	2	1	1	1	0	0	1	4	1	10
Long Term Debt	1	1	1	0	0	0	0	0	0	0
Short Term Debt	1	0	0	0	0	0	1	4	1	10
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0	0	1	1	1	1	0	1	4
Others Liabilities ⓘ	1	-0	-0	-0	0	0	-0	0	4	1
Total Liabilities ⓘ	7	5	5	5	5	4	5	10	29	40
Fixed Assets
Net Fixed Assets ⓘ +	4	1	1	1	1	0	0	1	1	1
Gross Block	5	2	2	2	2	0	0	1	1	1
Accumulated Depreciation	1	0	1	1	1	0	0	0	0	0
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	1	1	0	0	0	0	1	1	14	16
Inventories	0	2	1	1	2	2	2	3	5	11
Trade Receivables	1	1	2	2	1	1	1	2	3	4
Cash Equivalents	0	0	0	0	1	1	1	0	0	0
Others Assets ⓘ	0	0	0	0	1	1	0	3	7	8
Total Assets ⓘ	7	5	5	5	5	4	5	10	29	40

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0	-2	-0	0	1	-0	1	-0	8	-6
PBT ⓘ	0	-2	0	0	-0	0	0	1	13	1
Adjustment ⓘ	1	2	0	0	0	0	0	0	0	1
Changes in Working Capital ⓘ	-1	-2	-1	0	1	-1	1	-1	-6	-5
Tax Paid ⓘ	0	0	0	0	0	0	-0	0	0	-3
Cash Flow From Investing Activity ⓘ +	-0	1	1	0	0	0	-1	-0	-4	-2
Capex	-0	1	-0	-0	0	0	-0	-1	-0	-0
Net Investments	-0	0	1	0	0	0	-1	1	-13	-1
Others ⓘ	0	0	0	0	-0	-0	0	0	9	0
Cash Flow From Financing Activity ⓘ +	0	1	-0	-1	-0	-0	-0	-0	-4	8
Net Proceeds from Shares ⓘ	1	2	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	-1	-0	-0	-0	-0	0	0	0	0
Interest Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-0	-0	-1
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-0	-0	0	0	0	0	0	0	-3	9
Net Cash Flow ⓘ	0	-0	0	0	0	-0	0	-0	0	0

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	12.18	-43.78	1.63	0.54	-3.32	6.46	14.35	14.81	70.55	6.54
ROCE (%)	10.34	-30.81	5.81	3.36	-1.83	9.71	9.7	12.75	80.07	5.73
Asset Turnover Ratio	0.51	0.38	1.54	2.68	2.18	2.08	2.75	2.93	1.65	0.99
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	1	-0	0.8	-3
Working Capital Days
Receivable Days	122	187	74	57	59	44	27	26	28	37
Inventory Days	52	162	65	31	47	68	57	45	45	83
Payable Days	82	87	15	10	35	46	22	11	10	32

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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Gretex Industries Ltd (GRETEX) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating