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
Gretex Industries Ltd.
NSE:GRETEX
(National Stock Exchange of India)

Recent

price

214.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

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

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
- -
- -
- -
- -
- -
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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.