1. India Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
Gretex Industries Ltd.

Gretex Industries Ltd.

NNSE:GRETEX
214.00
INR
-11.00
(-4.89%)
44.85MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
14.55
6.51
18.66
32.72
26.46
22.85
31.02
53.99
82.5
30.38
36.23
- -
Basic EPS, GAAP
0.95
-4.02
0.15
0.05
-0.54
-0.76
1.28
1.53
23.62
2.44
0.98
- -
Free Cash Flow per Basic Share
0.18
-5.89
-0.83
0.73
1.78
-0.49
-0.71
0.94
-19.03
-5.78
1.64
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.21
9.37
9.53
9.58
9.03
8.28
9.56
11.09
55.83
17.83
33.72
9.56
Tangible Book Value per Share
8.21
9.37
9.53
9.58
9.03
8.28
9.56
11.09
55.43
17.71
33.62
9.56
Basic Weighted Avg Shares
3
4
4
4
4
4
4
4
4
12
15
4
Sales/Revenue/Turnover
37
24
80
142
111
96
131
227
347
369
558
- -
Operating Margin (%)
15.4
-14.1
2.73
0.61
-2.72
3.28
1.05
-7.38
1.79
1.81
0.57
- -
Depreciation Expense
3
2
1
1
1
1
- -
- -
1
4
8
- -
Net Income, GAAP
2
-15
1
- -
-2
-3
5
6
99
30
15
- -
Effective Tax Rate (%)
36.27
- -
63.31
56.79
- -
32.14
- -
24.12
25.42
- -
- -
- -
Profit Margin (%)
6.54
-61.73
0.8
0.15
-2.06
-3.31
4.12
2.83
28.64
8.05
2.7
- -
Working Capital
11
32
35
33
29
34
41
21
107
117
209
41
LT Debt
16
9
9
4
- -
- -
- -
- -
2
3
3
- -
Total Equity
35
39
40
40
38
35
44
50
249
299
557
44
Return on Invested Capital (%)
- -
- -
1.59
0.77
- -
4.77
- -
-17.34
1.98
- -
- -
- -
Return on Capital (%)
- -
- -
2.07
1.41
- -
-8.37
- -
9.04
56.42
- -
- -
- -
Return on Common Equity (%)
- -
-39.71
1.63
0.54
-5.85
-8.73
14.35
14.81
70.61
11.89
3.82
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'21
Sep'22
Mar'22
ST Debt
- -
- -
8
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
45
47
45

Working Capital

INR

•

in mil. unless spec.
Mar'21
Sep'22
Mar'22
Total Current Assets
43
40
58
Cash, Cash Equivalents & STI
6
15
7
Accounts Receivable, Net
10
10
10
Inventories
20
12
35
Total Current Liabilities
9
4
16
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
8
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
54.44%
108.41%
86.12%
Free Cash Flow
-759.19%
-491.81%
-136%
Net Income, GAAP
-91.63%
215.18%
-49.33%
Sales/Revenue/Turnover
46.33%
44%
51.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
347
2025
- -
- -
- -
- -
369
2026
- -
- -
- -
- -
558

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
23.62
2025
- -
- -
- -
- -
2.44
2026
- -
- -
- -
- -
0.98

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Arvind Harlalka
Full Time Employees
47
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
9, Clive Row, 1st Floor, Room No. 1A Kolkata WB India 700001
IPO Date
Oct 14, 2016
Website
gretexindustries.com
Similar Companies
Nike, Inc. (NYSE:NKE)
lululemon athletica inc. (NASDAQ:LULU)
On Holding AG (NYSE:ONON)
LVMH Moet Hennessy Louis Vuitton SE (EURONEXT:MC)
Hermes International SCA (EURONEXT:RMS)
Deckers Outdoor Corporation (NYSE:DECK)
Business
Gretex Industries Ltd is an India-based distributor of musical instruments, professional audio and audiovisual products primarily in Eastern and North-Eastern India. The company offers a wide range of products from globally renowned brands including Yamaha, D'Addario, Rico, Evans, Promark, Planet Waves, Sweton, IA Stands, Gappu, Beta 3 and CKS Acoustics; product categories encompass adaptors, cables, capos, rosin, plectrums, tuners, reeds, amplifiers, drumheads, sticks, electric basses, classical guitars, electric guitars, silent guitars, portable keyboards and synthesizers. Incorporated in 2009 and headquartered at 90 Phears Lane, 5th Floor, Kolkata, West Bengal, the company serves musicians, performers and audio professionals across Maharashtra, West Bengal, Sikkim and North-East India. In recent developments, Gretex received an institutional order worth INR 15.44 million for material supply with nationwide delivery in August 2025 and was appointed the official distributor for Aureus audio equipment in Eastern and North-Eastern India in the same month. The company approved Q1 FY26 unaudited results, initiated a transition from Indian GAAP to Ind AS accounting standards starting Q2 FY26, and issued a corrigendum with a revised Annual Report 2024-25 incorporating strategic and sustainability updates. It maintains subsidiaries including Sunview Nirman Private Limited and Gretex Audiotech LLP, with prior amalgamations of Apsara Selections Limited and Sanku Merchandise Private Limited completed via share allotments in July 2024.