Gretex Corporate Services Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹394.86Fairly Valued by 7.53%vs CMP ₹427.00

P/E (54.7) × ROE (8.6%) × BV (₹105.00) × DY (0.16%)

₹105.37Overvalued by 75.32%vs CMP ₹427.00
MoS: -305.2% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹298.5123%Over (-30.1%)
Graham NumberEarnings₹37.0216%Over (-91.3%)
Earnings PowerEarnings₹66.8411%Over (-84.3%)
DCFCash Flow₹1.9614%Over (-99.5%)
Net Asset ValueAssets₹101.887%Over (-76.1%)
EV/EBITDAEnterprise₹26.929%Over (-93.7%)
Earnings YieldEarnings₹5.807%Over (-98.6%)
ROCE CapitalReturns₹106.027%Over (-75.2%)
Revenue MultipleRevenue₹108.515%Over (-74.6%)
Consensus (9 models)₹105.37100%Overvalued
Key Drivers: EPS CAGR -24.4% drags value — could be higher if earnings stabilize. | Wide model spread (₹2–₹299) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -24.4%

*Investments are subject to market risks

Analyst Summary

Gretex Corporate Services Ltd operates in the Capital Markets Related Services segment, NSE: GCSL | BSE: 543324, current market price is ₹427.00, market cap is 1,031 Cr.. At a glance, stock P/E is 54.7, ROE is 8.58 %, ROCE is 13.9 %, book value is 105, dividend yield is 0.16 %. The latest intrinsic value estimate is ₹105.37, around 75.3% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹262 Cr versus the prior period change of 123.9%, while latest net profit is about ₹2 Cr with a prior-period change of -94.6%. The 52-week range shown on this page is 434/213, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGretex Corporate Services Ltd. is a Public Limited Listed company incorporated on 05/09/2008 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number…

This summary is generated from the stock page data available for Gretex Corporate Services Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

53
Gretex Corporate Services Ltd scores 53/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health71/100 · Strong
ROCE 13.9% GoodROE 8.6% AverageD/E 0.36 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money55/100 · Moderate
FII holding up 1.14% (6mo) AccumulatingPromoter decreased by 1.63% Caution
Earnings Quality40/100 · Moderate
OPM contracting (50% → 22%) Declining
Quarterly Momentum35/100 · Weak
Revenue (4Q): -19% YoY DecliningProfit (4Q): -101% YoY DecliningOPM: -0.8% (up 18.1% YoY) Margin expansion
Industry Rank60/100 · Moderate
P/E 54.7 vs industry 54.7 In-lineROCE 13.9% vs industry 13.9% Average3Y sales CAGR: 303% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 8:43 am

Market Cap 1,031 Cr.
Current Price 427
Intrinsic Value₹105.37
High / Low 434/213
Stock P/E54.7
Book Value 105
Dividend Yield0.16 %
ROCE13.9 %
ROE8.58 %
Face Value 10.0
PEG Ratio-2.24

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Gretex Corporate Services Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Gretex Corporate Services Ltd 1,031 Cr. 427 434/21354.7 1050.16 %13.9 %8.58 % 10.0
Industry Average1,031.00 Cr427.0054.70105.000.16%13.90%8.58%10.00

All Competitor Stocks of Gretex Corporate Services Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 0.967.075.3143.7553.8639.6193.6865.7059.8721.9879.5642.16
Expenses 1.312.083.7520.7037.8730.2077.0178.1572.1420.2647.8142.50
Operating Profit -0.354.991.5623.0515.999.4116.67-12.45-12.271.7231.75-0.34
OPM % -36.46%70.58%29.38%52.69%29.69%23.76%17.79%-18.95%-20.49%7.83%39.91%-0.81%
Other Income 1.1216.720.981.850.910.332.5814.50-10.550.68-12.2012.64
Interest 0.090.130.010.000.010.01-0.110.460.190.240.230.41
Depreciation 0.000.410.090.260.510.410.760.790.680.660.630.60
Profit before tax 0.6821.172.4424.6416.389.3218.600.80-23.691.5018.6911.29
Tax % -11.76%6.00%15.57%24.03%28.33%25.21%21.77%-60.00%-11.36%36.67%32.96%40.21%
Net Profit 0.7619.902.0618.7211.756.9714.561.28-21.000.9612.926.86
EPS in Rs 0.359.830.948.554.102.294.391.53-7.570.345.060.71

Last Updated: February 1, 2026, 5:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 6:25 am

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2313414117262204
Expenses 32223568257183
Operating Profit -01-112948521
OPM % -15%22%-78%35%38%62%41%2%10%
Other Income 000001624-9
Interest 000000111
Depreciation 000000233
Profit before tax -00-112244758
Tax % 10%20%1%4%3%9%22%64%
Net Profit -10-21422372-0
EPS in Rs -0.580.20-1.270.361.599.8312.400.58-1.46
Dividend Payout % 0%0%0%0%0%2%1%55%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)100.00%150.00%300.00%450.00%68.18%-94.59%
Change in YoY Net Profit Growth (%)0.00%50.00%150.00%150.00%-381.82%-162.78%

Gretex Corporate Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:195%
3 Years:291%
TTM:125%
Compounded Profit Growth
10 Years:%
5 Years:23%
3 Years:-29%
TTM:-95%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:157%
1 Year:12%
Return on Equity
10 Years:%
5 Years:21%
3 Years:20%
Last Year:1%

Last Updated: September 5, 2025, 3:40 pm

Balance Sheet

Last Updated: June 5, 2026, 5:30 am

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.650.650.650.90110121224
Reserves 4535122897181222
Borrowings 23422041115
Other Liabilities 1111410636683
Total Liabilities 898102048177270344
Fixed Assets 4333910414130
CWIP 000000000
Investments 344583350129159
Other Assets 12122586100155
Total Assets 898102048177270344

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + -00-01210-19-31-28
Cash from Investing Activity + 1-0-0-1-4-8-372-9
Cash from Financing Activity + -00113-2672826
Net Cash Flow -00000112-2-11
Free Cash Flow 00-1029-45-35-29
CFO/OP 50%36%52%50%113%120%-39%-321%-49%

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-2.00-2.00-5.00-1.000.009.0044.00-6.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 162549144411573
Inventory Days 380112
Days Payable 01
Cash Conversion Cycle 1625491444115386115
Working Capital Days -3045-627950-90145109
ROCE %7%-11%13%14%79%50%3%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Sep 2022Oct 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Jan 2026
Promoters 73.48%73.48%73.48%69.61%66.24%66.24%66.24%64.01%63.27%63.27%63.27%61.64%
FIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.23%1.14%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.27%0.25%
Public 26.52%26.52%26.51%30.39%33.76%33.76%33.76%35.98%36.73%36.74%35.23%36.97%
No. of Shareholders 8482105969241,1011,0081,1591,1861,0121,1521,484

Shareholding Pattern Chart

No. of Shareholders

Gretex Corporate Services Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.5824.8417.2433.787.44
Diluted EPS (Rs.) 0.5724.8417.2433.787.44
Cash EPS (Rs.) 3.7431.976.6214.889.65
Book Value[Excl.RevalReserv]/Share (Rs.) 162.21129.8433.93146.9069.79
Book Value[Incl.RevalReserv]/Share (Rs.) 162.21129.8433.93146.9069.79
Revenue From Operations / Share (Rs.) 217.2594.6512.3336.3533.15
PBDIT / Share (Rs.) 6.9142.038.9117.4413.25
PBIT / Share (Rs.) 4.6940.648.6715.9611.54
PBT / Share (Rs.) 4.2339.708.4013.838.31
Net Profit / Share (Rs.) 1.5230.596.3713.407.94
NP After MI And SOA / Share (Rs.) 1.0923.5817.2431.436.84
PBDIT Margin (%) 3.1844.4072.2747.9739.97
PBIT Margin (%) 2.1642.9370.2743.9134.81
PBT Margin (%) 1.9441.9468.0938.0525.05
Net Profit Margin (%) 0.7032.3151.6536.8723.94
NP After MI And SOA Margin (%) 0.5024.91139.7486.4620.63
Return on Networth / Equity (%) 0.6724.9756.5226.349.80
Return on Capital Employeed (%) 2.1229.3625.269.6311.77
Return On Assets (%) 0.4815.3843.1018.056.08
Long Term Debt / Equity (X) 0.000.000.000.130.36
Total Debt / Equity (X) 0.020.000.000.140.36
Asset Turnover Ratio (%) 1.161.000.570.320.31
Current Ratio (X) 12.744.991.982.241.56
Quick Ratio (X) 3.742.011.982.241.56
Inventory Turnover Ratio (X) 4.310.000.000.000.00
Dividend Payout Ratio (NP) (%) 54.033.150.000.000.00
Dividend Payout Ratio (CP) (%) 17.832.980.000.000.00
Earning Retention Ratio (%) 45.9796.850.000.000.00
Cash Earning Retention Ratio (%) 82.1797.020.000.000.00
Interest Coverage Ratio (X) 14.78274.6743.648.184.10
Interest Coverage Ratio (Post Tax) (X) 4.26206.0332.507.293.45
Enterprise Value (Cr.) 692.03442.44207.8126.520.00
EV / Net Operating Revenue (X) 2.674.0616.466.410.00
EV / EBITDA (X) 84.049.1422.7713.370.00
MarketCap / Net Operating Revenue (X) 2.493.8816.305.360.00
Retention Ratios (%) 45.9696.840.000.000.00
Price / BV (X) 3.343.896.591.630.00
Price / Net Operating Revenue (X) 2.493.8816.305.360.00
EarningsYield 0.000.060.080.160.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Gretex Corporate Services Ltd. is a Public Limited Listed company incorporated on 05/09/2008 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74999MH2008PLC288128 and registration number is 288128. Currently Company is involved in the business activities of Financial Advisory, brokerage and Consultancy Services. Company's Total Operating Revenue is Rs. 33.10 Cr. and Equity Capital is Rs. 24.16 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Capital Markets Related ServicesA-401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg, Mumbai Maharashtra 400013Contact not found
Management
NamePosition Held
Mr. Alok HarlalkaManaging Director & CFO
Mr. Arvind HarlalkaWhole Time Director
Mr. Sumeet HarlalkaWhole Time Director
Mr. Rajiv Kumar AgarwalInd. Non-Executive Director
Ms. Dimple Laxminarayan KhetanInd. Non-Executive Director
Ms. Khusbu AgrawalInd. Non-Executive Director

FAQ

What is the intrinsic value of Gretex Corporate Services Ltd and is it undervalued?

As of 19 June 2026, Gretex Corporate Services Ltd's intrinsic value is ₹105.37, which is 75.32% lower than the current market price of ₹427.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (8.58 %), book value (₹105), dividend yield (0.16 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Gretex Corporate Services Ltd?

Gretex Corporate Services Ltd is trading at ₹427.00 as of 19 June 2026, with a FY2026-2027 high of ₹434 and low of ₹213. The stock is currently near its 52-week high. Market cap stands at ₹1,031 Cr..

How does Gretex Corporate Services Ltd's P/E ratio compare to its industry?

Gretex Corporate Services Ltd has a P/E ratio of 54.7, which is below the industry average of 54.70. This is broadly in line with or below the industry average.

Is Gretex Corporate Services Ltd financially healthy?

Key indicators for Gretex Corporate Services Ltd: ROCE of 13.9 % is moderate. Dividend yield is 0.16 %.

Is Gretex Corporate Services Ltd profitable and how is the profit trend?

Gretex Corporate Services Ltd reported a net profit of ₹2 Cr in Mar 2025 on revenue of ₹262 Cr. Compared to ₹4 Cr in Mar 2022, the net profit shows a declining trend.

Does Gretex Corporate Services Ltd pay dividends?

Gretex Corporate Services Ltd has a dividend yield of 0.16 % at the current price of ₹427.00. The company pays dividends, though the yield is modest.

Last Updated: June 12, 2026, 8:43 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 543324 | NSE: GCSL
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Gretex Corporate Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE