Gretex Corporate Services Ltd

Gretex Corporate Services Ltd

724.70
INR
+14.45
(+2.03%)
18.61EPS
33.55P/E
10.33BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.57
0.57
1.49
2.08
6.3
16.65
17.21
28.22
90.78
Basic EPS, GAAP
0.13
-0.8
0.31
1.8
10.68
12.75
0.58
9.82
12.75
Free Cash Flow per Basic Share
0.06
-0.26
0.25
0.8
4.74
-8.74
-13.8
-12.05
- -
Dividend per Share
- -
- -
- -
- -
- -
0.4
0.31
0.29
- -
Book Value per Share
2.67
1.86
3.13
11.44
19.25
49.69
85.37
74.98
- -
Tangible Book Value per Share
2.67
1.86
3.13
11.44
19.25
46.56
82.33
71.94
- -
Basic Weighted Avg Shares
20
20
20
20
20
21
22
23
21
Sales/Revenue/Turnover
31
11
30
41
126
354
387
663
1,941
Operating Margin (%)
19.12
-87.16
39.72
32.34
55.24
-97.09
-565.03
-76.13
29.01
Depreciation Expense
2
2
2
2
5
16
26
20
19
Net Income, GAAP
3
-16
6
36
214
272
13
231
273
Effective Tax Rate (%)
18.13
- -
3.34
3.09
8.61
22.27
63.96
29.87
28.4
Profit Margin (%)
7.99
-140.63
20.91
86.46
169.63
76.6
3.36
34.8
14.04
Working Capital
6
-12
7
15
88
683
903
1,275
- -
LT Debt
25
25
23
22
2
44
57
33
- -
Total Equity
53
37
63
265
421
1,495
2,516
2,187
- -
Return on Invested Capital (%)
- -
- -
9.36
6.51
17.23
-24.3
-35.78
-13.96
- -
Return on Capital (%)
- -
- -
11.2
20.26
59.92
19.01
0.47
7.89
- -
Return on Common Equity (%)
- -
-35.51
12.46
24.48
69.64
36.87
0.86
12.71
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
119
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
33
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
24
Market Capitalization
7,494
7,860
10,333

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,492
- -
Cash, Cash Equivalents & STI
- -
32
- -
Accounts Receivable, Net
- -
100
- -
Inventories
- -
1,340
- -
Total Current Liabilities
- -
217
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
119
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
138.36%
-13.1%
Free Cash Flow
- -
95.78%
-8.83%
Net Income, GAAP
- -
515.47%
1,673.5%
Sales/Revenue/Turnover
- -
101.05%
71.27%
Total Cash Common Dividend
- -
- -
-4.18%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
396
937
657
599
387
2026
220
796
422
348
663
2027
375
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.22
4.53
1.53
-7.55
0.58
2026
0.42
5.71
0.67
2.73
9.82
2027
3.97
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.31
2026
- -
- -
- -
- -
0.29
2027
- -
- -
- -
- -
- -

Company Description

CEO
Alok Harlalka
Full Time Employees
59
Sector
Finance
Industry
Investment banks/Brokers
Address
Naman Midtown Mumbai MA India 400013
IPO Date
Aug 9, 2021
Business
Gretex Corporate Services Limited functions as a leading merchant banking firm, delivering a comprehensive suite of financial and advisory offerings across key domains such as capital markets, corporate finance, debt arrangement, organizational restructuring, and regulatory compliance throughout India. The company’s robust capital market services encompass the complete lifecycle of public offerings, including initial public offerings (for both Small and Medium Enterprises and Main Board listings), further public offers, rights issues, qualified institutional placements, and private investment in public equity transactions. It also acts as a lead manager for various exit strategies like delisting offers and share buybacks. In corporate finance, Gretex provides specialized assistance in securing early-stage angel funding, venture capital, and private equity, guiding clients from investor identification to fund disbursement. For debt structuring, it facilitates loans from banks and financial institutions, along with debenture issuances, managing the entire process from sanction to documentation and negotiation. Its corporate restructuring expertise includes managing mergers, acquisitions, demergers, and spin-off transactions, offering critical valuation services and strategic counsel. Furthermore, the firm delivers extensive corporate advisory services, covering valuation certificates, fairness opinions for amalgamation schemes, compliance health checks, and employee stock ownership plan certifications. Gretex Corporate Services primarily caters to small and medium enterprises, while also extending its services to larger entities seeking capital market solutions. The company was established in 2008 and maintains its headquarters in Mumbai, India. Recently, the company announced impressive Q2 FY26 financial results, with significant growth in total income, profit after tax, and EBITDA, driven by an expansion in IPO mandates and market-making activities. It is actively executing numerous IPO mandates, including both SME and Main Board listings, and its subsidiary, Gretex Share Broking Limited, is set to launch its own initial public offering. The company is also planning to expand into Portfolio Management Services and refile for a Category-3 Alternative Investment Fund license. As of late October 2025, the company experienced a temporary 21-day restriction from SEBI on undertaking new assignments.