Gretex Industries Ltd
GRETEX NSE
Gretex Industries Ltd
MediaNSE: GRETEX Media & Entertainment
Key Fundamentals
SMEMedia & EntertainmentMediaMarket Cap
₹465 Cr
Volatility
Moderate
P/E Ratio
348.8
EBITDA
₹0.97 Cr
Return on Equity
5.31%
Debt to Equity
0.01
Book Value
₹33.52
52W High
₹304
52W Low
₹180.5
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY16–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 26.7 to 19.0 days.
Weaknesses
6- Stock is trading at 8.95 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 4.92% over last 3 years.
- Earnings include an other income of Rs.1.29 Cr.
- Company's cost of borrowing seems high
Growth Rate
Revenue Growth
50.98% ↗
Net Income Growth
-40.67% ↗
Cash Flow Change
100.37% ↗
ROE
-86.77% ↗
ROCE
-88.80% ↗
EBITDA Margin (Avg.)
-65.93% ↗
Quarterly Results
| Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.59 | 5.32 | 7.74 | 11.87 | 10.87 | 17.74 | 17.01 | 18.26 | 19.17 | 28.11 | 27.6 |
| Expenses | 6.3 | 5.22 | 7.68 | 11.54 | 10.31 | 17.08 | 16.99 | 18.24 | 18.55 | 27.55 | 27.23 |
| Operating Profit | 0.29 | 0.1 | 0.06 | 0.33 | 0.56 | 0.66 | 0.02 | 0.02 | 0.62 | 0.56 | 0.37 |
| OPM % | 4.4% | 1.88% | 0.78% | 2.78% | 5.15% | 3.72% | 0.12% | 0.11% | 3.23% | 1.99% | 1.34% |
| Other Income | 0.1 | 0.09 | 0.2 | 0.23 | -0.13 | 0.25 | 12.9 | 0.71 | 1.59 | 1.74 | -0.42 |
| Interest | 0.01 | 0 | 0.04 | 0.05 | 0.02 | 0.09 | 0.2 | 0.1 | 0.36 | 0.21 | 0.08 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.04 | 0.04 | 0.04 | 0.27 | 0.37 | 0.48 |
| PBT | 0.36 | 0.17 | 0.2 | 0.5 | 0.39 | 0.78 | 12.68 | 0.59 | 1.58 | 1.72 | -0.61 |
| Tax % | 0% | 0% | -85% | 0% | 56.41% | 26.92% | 25.32% | 25.42% | -14.56% | 27.91% | -114.75% |
| Net Profit | 0.36 | 0.17 | 0.37 | 0.5 | 0.17 | 0.57 | 9.47 | 0.44 | 1.8 | 1.23 | 0.1 |
| EPS in Rs | 0.85 | 0.4 | 0.88 | 1.19 | 0.4 | 1.35 | 22.27 | 0.3 | 1.19 | 0.81 | 0.09 |
Profit & Loss
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 3.71 | 2.38 | 9.62 | 13.06 | 25.27 | 34.74 | 35.76 | 55.71 |
| Expenses | 2.71 | 2.22 | 8.74 | 12.89 | 24.38 | 34.04 | 35.08 | 54.75 |
| Operating Profit | 1 | 0.16 | 0.88 | 0.17 | 0.89 | 0.7 | 0.68 | 0.96 |
| OPM % | 26.95% | 6.72% | 9.15% | 1.3% | 3.52% | 2.01% | 1.9% | 1.72% |
| Other Income | 0.04 | -1.56 | -1 | 0.28 | 0.1 | 13.16 | 1.18 | 1.29 |
| Interest | 0.21 | 0.16 | 0.01 | 0.04 | 0.07 | 0.32 | 0.5 | 0.29 |
| Depreciation | 0.45 | 0.5 | 0.07 | 0.05 | 0.04 | 0.09 | 0.09 | 0.85 |
| PBT | 0.38 | -2.06 | -0.2 | 0.36 | 0.88 | 13.45 | 1.27 | 1.11 |
| Tax % | 36.84% | -22.82% | 55% | -47.22% | 23.86% | 25.43% | -18.9% | -19.82% |
| Net Profit | 0.24 | -1.59 | -0.32 | 0.54 | 0.66 | 10.04 | 1.52 | 1.33 |
| EPS in Rs | 0.76 | -3.78 | -0.76 | 1.28 | 1.52 | 23.63 | 0.96 | 0.9 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.16 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 | 14.81 | 15.51 |
| Reserves | 0.3 | -0.39 | -0.73 | -0.19 | 0.46 | 19.38 | 10.2 | 36.47 |
| Borrowings | 2.71 | 1.16 | 0.03 | 0.82 | 4.44 | 1.05 | 8.04 | 0.76 |
| Other Liabilities | 0.66 | 0.45 | 0.89 | 1.15 | 1.56 | 6.78 | 8.68 | 13.17 |
| Total Liabilities | 6.83 | 5.43 | 4.4 | 5.99 | 10.67 | 31.42 | 41.73 | 65.91 |
| Fixed Assets | 3.8 | 1.33 | 0.08 | 0.05 | 0.71 | 6.75 | 15.15 | 26.51 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.69 | 0.57 | 0 | 0 | 0.02 | 7.14 | 1.16 | 8.05 |
| Other Assets | 2.34 | 3.53 | 4.32 | 5.94 | 9.94 | 17.53 | 25.42 | 31.35 |
| Total Assets | 6.83 | 5.43 | 4.4 | 5.99 | 10.67 | 31.42 | 41.73 | 65.91 |
Cash Flow
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 0.05 | -2.28 | -0.18 | -0.28 | 0.4 | -8.01 | 0.03 | 2.86 |
| Investing | -0.36 | 1.12 | 0.16 | 0.38 | -0.68 | 9.26 | -0.26 | -16.86 |
| Financing | 0.38 | 1.12 | -0.04 | -0.04 | -0.07 | -0.28 | -0.48 | 15.79 |
| Net Cash Flow | 0.06 | -0.04 | -0.05 | 0.06 | -0.36 | 0.97 | -0.71 | 1.79 |
| Free Cash Flow | 0.02 | -1.56 | -0.01 | -0.29 | -0.3 | -8.03 | -0.19 | 2.17 |
| CFO/OP | 5 | -1,425 | -20 | -165 | 45 | -1,147 | 441 | 340 |
Ratios
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 126 | 178 | 37.56 | 28.23 | 30.91 | 29.52 | 31.64 | 19 |
| Inventory Days | 74.17 | 418 | 86.86 | 109 | 60.48 | 61.49 | 143 | 118 |
| Days Payable | 54.65 | 106 | 34.23 | 19.24 | 7.87 | 15.52 | 50.2 | 63.41 |
| Cash Conversion Cycle | 145 | 490 | 90.19 | 118 | 83.52 | 75.5 | 124 | 73.48 |
| Working Capital Days | 16.73 | 347 | 107 | 97.82 | 26.43 | 101 | 117 | 123 |
| ROCE % | — | -7% | — | 9.21% | 12.97% | 8% | 5.3% | 3.01% |
Documents
1
Allotment of Securities
24 Aug - Allotted 3,40,000 equity shares on August 24, 2026 at ₹236 each to promoter group. 24 Aug - Allotted 3,40,000 equity shares on August 24, 2026 at ₹236 each to promoter group.
2
General Updates
13 Aug - Gretex appointed official West Bengal distributor for Pioneer DJ and Audio Technica products. 13 Aug - Gretex appointed official West Bengal distributor for Pioneer DJ and Audio Technica products.
3
Outcome of Board Meeting
13 Aug - Aug 13, 2026: Gretex approved acquisition of Chaitak Sales and Dailmer Industries for Rs13.73 crore plus Rs77.13 lakh. 13 Aug - Aug 13, 2026: Gretex approved acquisition of Chaitak Sales and Dailmer Industries for Rs13.73 crore plus Rs77.13 lakh.
4
General Updates
13 Aug - Board approved acquisition of Chaitak Sales for Rs13.73 crore and 5.32% Dailmer stake for Rs77.13 lakh on Aug 13, 2026. 13 Aug - Board approved acquisition of Chaitak Sales for Rs13.73 crore and 5.32% Dailmer stake for Rs77.13 lakh on Aug 13, 2026.
5
Shareholders meeting
29 Jul - Gretex Industries' July 27, 2026 AGM passed all 6 resolutions, including director and auditor appointments. 29 Jul - Gretex Industries' July 27, 2026 AGM passed all 6 resolutions, including director and auditor appointments.
Frequently Asked Questions about Gretex Industries Ltd
What does Gretex Industries Ltd do?
Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments[1]
Where is Gretex Industries Ltd (GRETEX) listed?
Gretex Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: GRETEX. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Gretex Industries Ltd belong to?
Gretex Industries Ltd operates in the Media sector within the Media & Entertainment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Gretex Industries Ltd?
Gretex Industries Ltd has a market capitalisation of approximately ₹465.18 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Gretex Industries Ltd?
The Price-to-Earnings (PE) ratio of Gretex Industries Ltd is 348.80. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Gretex Industries Ltd?
Over the past 52 weeks, Gretex Industries Ltd has traded between a low of ₹180.5 and a high of ₹304. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Gretex Industries Ltd?
Gretex Industries Ltd has a Return on Equity (ROE) of 5.31%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Gretex Industries Ltd on Tapetide?
On Tapetide, you can view Gretex Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments[1]