1. India Stocks

  2. •

    Financial Services

  3. •

    Investment - Banking & Investment Services
Gretex Corporate Services Ltd

Gretex Corporate Services Ltd

GCSL.BO
Gretex Corporate Services LtdIN flagBombay Stock Exchange
492.00
INR
-0.25
- -
11.14BMarket Cap
Gretex Corporate Services Ltd
GCSL.BO
(Bombay Stock Exchange)

Recent

price

492.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1.57
0.57
1.49
2.08
6.3
16.65
115.4
112.48
88.99
Revenue per Share
0.13
-0.8
0.31
1.8
10.68
12.75
0.58
11.89
9.31
Basic EPS, GAAP
0.06
-0.26
0.25
0.8
4.74
-8.74
-13.84
-17.67
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.4
0.31
0.42
- -
Dividend per Share
-0.25
-1.05
-0.67
1.57
16.77
27.91
26.61
15.22
12.04
Book Value per Share
2.67
1.86
3.13
13.34
20.98
67
109.13
196.59
155.54
Tangible Book Value per Share
20
20
20
20
20
21
22
16
20
Basic Weighted Avg Shares
31
11
30
41
126
354
2,589
1,785
1,785
Sales/Revenue/Turnover
19.12
-87.16
39.72
32.34
55.24
-97.09
-0.49
22.84
22.84
Operating Margin (%)
2
2
2
2
5
16
26
20
20
Depreciation Expense
3
-16
6
36
214
272
13
189
187
Net Income, GAAP
18.13
- -
3.34
3.09
8.61
22.27
63.96
29.65
29.95
Effective Tax Rate (%)
7.99
-140.63
20.91
86.46
169.63
76.6
0.5
10.57
10.47
Profit Margin (%)
6
-12
7
15
88
666
866
1,281
1,281
Working Capital
25
25
23
22
2
44
57
40
40
LT Debt
53
37
63
265
421
1,495
2,516
3,189
3,189
Total Equity
- -
- -
14.17
6.89
17.41
-23.77
-0.2
9.53
9.49
Return on Invested Capital (%)
- -
- -
66.88
74.71
91.95
26.28
0.85
9.33
9.01
Return on Capital (%)
- -
- -
- -
- -
116.59
58.37
2.18
45.02
44.57
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
28
- -
106
LT Borrowings
- -
- -
- -
LT Finance Leases
50
- -
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
- -
23
Market Capitalization
5,227
7,042
6,965

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,339
- -
1,491
Cash, Cash Equivalents & STI
139
- -
32
Accounts Receivable, Net
78
- -
100
Inventories
985
- -
1,340
Total Current Liabilities
204
- -
210
Payables & Accruals
- -
- -
- -
ST Debt
28
- -
106
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
146.33%
26.72%
Free Cash Flow
- -
95.61%
-9.68%
Net Income, GAAP
- -
450.87%
1,350.51%
Sales/Revenue/Turnover
- -
204.79%
-31.04%
Total Cash Common Dividend
- -
- -
-4.07%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
53
61
437
510
354
2025
396
937
657
599
2,589
2026
220
796
422
348
1,785

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.06
1.73
5.92
- -
12.75
2025
2.22
4.53
1.53
-7.55
0.58
2026
0.42
5.71
0.67
2.73
11.89

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.31
2026
- -
- -
- -
- -
0.42
Similar Companies
Trinity Capital Inc. - 7.00% No (TRINL)
Brookfield Corporation Cum Red Pfd Registered Shs -A- Series -13- (BXDIF)
Twentyfirst Century Management Services Limited (21STCENMGM.BO)
TP ICAP Group plc (TCAP.L)
Analyst I.M.S. Investment Management Services Ltd (ANLT.TA)
Elron Ventures Ltd (ELRN.TA)
Business
Gretex Corporate Services Limited, a SEBI-registered Category I merchant banker incorporated in 2008 and headquartered in Mumbai, India, provides a comprehensive range of financial and consultancy services focused on capital markets, corporate finance, corporate restructuring, debt syndication, and compliance advisory; it acts as lead manager for small and medium-sized initial public offerings (IPOs), follow-on public offers (FPOs), rights issues, composite issues, qualified institutional placements (QIPs), private investment in public equity (PIPE) deals, mergers and acquisitions (M&A), delisting offers, buybacks, open offers, compliance health checks, and due diligence certifications; additionally, it offers valuation and advisory services for foreign investments, employee stock option plans (ESOPs), fairness opinions on amalgamation schemes, mergers, and spin-offs, as well as angel funding, venture capital, business valuation, alternative investment funds, and underwriting. The company operates primarily in the SME segment of primary market issues across India, with branch offices in Kolkata, Jaipur, and Indore, serving clients in diverse sectors including business process management, pharmaceuticals, garment manufacturing, plastics, industrial machinery, hotels, packaging, IT consulting, railway infrastructure, and protective gear; it maintains a subsidiary, Sunview Nirman Private Limited, and a material subsidiary, Gretex Share Broking Limited. Recent developments include NSE granting in-principle approval on August 29, 2025, for migration of 22,639,347 shares from the SME platform to the main board; indirect acquisition of 23.26% stake in Gretex Industries on August 16, 2025, expected to materially impact financial consolidation; appointment of Rajeev Kanotra as non-executive director in Gretex Share Broking Limited on August 12, 2025; disclosure of a SEBI penalty of INR 20 lakh in revised Q1 FY26 financial results filed on August 20, 2025; and achievement of 44 successful SME IPO listings to date, including its first mainboard IPO project on BSE and NSE.