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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gretex Industries Ltd

About the Company - Gretex Industries Ltd

Gretex Industries Ltd. is a Public Limited Listed company incorporated on 16/07/2009 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L17296WB2009PLC136911 and registration number is 136911. Currently Company is involved in the business activities of Wholesale of other households goods [includes wholesale of household equipment and appliances, n.e.c; photographic equipment, games, toys and sports goods (also includes bicycles, cycle rickshaw, tonga & other non-mechanised vehicles); leather goods and travel accessories; cleaning materials etc.]. Company’s Total Operating Revenue is Rs. 13.06 Cr. and Equity Capital is Rs. 4.21 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Readymade ApparelsNanda Tower, 90, Phears Lane, 5th Floor, Kolkata West Bengal 700012info@gretexindustries.com
http://www.gretexindustries.com
Management
NamePosition Held
Mrs. Rajkumari HarlalkaAdditional Managing Director
Mr. Alok HarlalkaNon Exe.Non Ind.Director
Ms. Sujata Pilinja RaoInd. Non-Executive Director
Ms. Soma NathInd. Non-Executive Director
Mr. Arvind HarlalkaNon Ind.& Exe.Director

Basic Stock Data of Gretex Industries Ltd

Last Updated: June 24, 2024, 3:41 am

Market Cap 53.6 Cr.
Current Price 127
High / Low131/37.4
Stock P/E5.31
Book Value 56.0
Dividend Yield0.00 %
ROCE146 %
ROE216 %
Face Value 10.0
PEG Ratio0.12

Gretex Industries Ltd Quarterly Results

MonthMar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales6.595.327.7411.8710.8717.74
Expenses6.305.227.6811.5410.3117.08
Operating Profit0.290.100.060.330.560.66
OPM %4.40%1.88%0.78%2.78%5.15%3.72%
Other Income0.100.090.200.23-0.130.25
Interest0.010.000.040.050.020.09
Depreciation0.020.020.020.010.020.04
Profit before tax0.360.170.200.500.390.78
Tax %0.00%0.00%-85.00%0.00%56.41%26.92%
Net Profit0.360.170.370.500.170.57
EPS in Rs0.850.400.881.190.401.35

Gretex Industries Ltd Quarterly Chart

Gretex Industries Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023TTM
Sales3.712.389.6213.0622.7428.61
Expenses2.712.228.7412.8921.8527.39
Operating Profit1.000.160.880.170.891.22
OPM %26.95%6.72%9.15%1.30%3.91%4.26%
Other Income0.04-1.56-1.000.280.100.12
Interest0.210.160.010.040.070.11
Depreciation0.450.500.070.050.040.06
Profit before tax0.38-2.06-0.200.360.881.17
Tax %36.84%22.82%-55.00%-47.22%23.86%
Net Profit0.24-1.59-0.320.540.660.74
EPS in Rs0.76-3.78-0.761.281.521.75
Dividend Payout %0.00%0.00%0.00%0.00%0.00%

Gretex Industries Ltd Profit & Loss Yearly Chart

Gretex Industries Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:53%
TTM:53%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:174%
TTM:1478%
Stock Price CAGR
10 Years:%
5 Years:86%
3 Years:135%
1 Year:133%
Return on Equity
10 Years:%
5 Years:%
3 Years:88%
Last Year:216%

Last Updated: June 14, 2024, 8:25 pm

Gretex Industries Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3.164.214.214.214.214.21
Reserves0.30-0.39-0.73-0.190.460.96
Borrowings2.711.160.030.824.4410.53
Other Liabilities0.660.450.891.151.562.54
Total Liabilities6.835.434.405.9910.6718.24
Fixed Assets3.801.330.080.050.710.69
CWIP0.000.000.000.000.000.00
Investments0.690.570.000.000.026.45
Other Assets2.343.534.325.949.9411.10
Total Assets6.835.434.405.9910.6718.24

Gretex Industries Ltd Reserves and Borrowings Chart

Gretex Industries Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.05-2.28-0.18-0.280.40
Cash from Investing Activity -0.361.120.160.38-0.68
Cash from Financing Activity 0.381.12-0.04-0.04-0.07
Net Cash Flow0.06-0.04-0.050.06-0.36

Gretex Industries Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023
Debtor Days125.93177.9037.5628.2334.35
Inventory Days74.17417.8386.86108.9468.26
Days Payable54.65105.6634.2319.248.88
Cash Conversion Cycle145.45490.0790.19117.9393.73
Working Capital Days125.93384.94108.13120.74100.64
ROCE %-7.00%9.21%12.97%

Gretex Industries Ltd Financial Efficiency Indicators Chart

Gretex Industries Ltd Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Promoters52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.99%52.99%52.99%52.99%
Public47.01%47.02%47.01%47.01%47.01%47.01%47.01%47.02%47.01%47.01%47.01%47.01%
No. of Shareholders555144464855545454555660

Gretex Industries Ltd Shareholding Pattern Chart

No. of Gretex Industries Ltd Shareholders

This stock is not held by any mutual fund

Gretex Industries Ltd ROCE Trend

Gretex Industries Ltd EPS Trend

Gretex Industries Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 17Mar 16
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)23.621.531.28-4.350.95
Diluted EPS (Rs.)23.621.531.28-4.350.95
Cash EPS (Rs.)24.031.671.38-2.302.18
Book Value[Excl.RevalReserv]/Share (Rs.)59.3711.9410.379.0810.95
Book Value[Incl.RevalReserv]/Share (Rs.)59.3711.9410.379.0810.95
Revenue From Operations / Share (Rs.)82.5053.9931.025.6611.79
PBDIT / Share (Rs.)33.082.351.070.523.27
PBIT / Share (Rs.)32.882.260.96-0.671.86
PBT / Share (Rs.)31.952.090.86-1.031.21
Net Profit / Share (Rs.)23.831.591.28-3.490.76
NP After MI And SOA / Share (Rs.)23.831.531.28-3.780.77
PBDIT Margin (%)40.094.353.459.2227.74
PBIT Margin (%)39.854.193.10-11.8615.75
PBT Margin (%)38.723.872.80-18.2010.25
Net Profit Margin (%)28.882.934.11-61.726.53
NP After MI And SOA Margin (%)28.882.834.12-66.836.53
Return on Networth / Equity (%)42.5213.7913.38-41.607.03
Return on Capital Employeed (%)55.1118.679.28-5.9711.06
Return On Assets (%)31.936.038.99-29.313.56
Long Term Debt / Equity (X)0.000.000.000.230.46
Total Debt / Equity (X)0.040.950.200.230.46
Asset Turnover Ratio (%)1.652.730.000.380.00
Current Ratio (X)2.721.383.545.371.73
Quick Ratio (X)1.880.711.382.891.48
Interest Coverage Ratio (X)47.4413.6711.401.465.04
Interest Coverage Ratio (Post Tax) (X)35.5010.2414.591.272.19
Enterprise Value (Cr.)28.4915.795.027.220.00
EV / Net Operating Revenue (X)0.810.690.383.030.00
EV / EBITDA (X)2.0415.9611.1332.840.00
MarketCap / Net Operating Revenue (X)0.780.490.342.740.00
Price / BV (X)1.162.411.111.710.00
Price / Net Operating Revenue (X)0.780.490.342.740.00
EarningsYield0.360.050.12-0.240.00

Gretex Industries Ltd Profitability Ratios (%)

Gretex Industries Ltd Liquidity Ratios

Gretex Industries Ltd Liquidity Ratios (%)

Gretex Industries Ltd Interest Coverage Ratios (%)

Gretex Industries Ltd Valuation Ratios

Fair Value

Fair Value: 655.14

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 415.86% compared to the current price 127

Intrinsic Value: 953.50

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 650.78% compared to the current price ₹127

Last 5 Year EPS CAGR: 45.54%

*Investments are subject to market risks

Strength and Weakness of Gretex Industries Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (13.35 cr) and profit (0.09 cr) over the years.
  1. The stock has a low average ROCE of 3.04%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 168.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 187.47, which may not be favorable.
  4. The company has higher borrowings (3.28) compared to reserves (0.07), which may suggest financial risk.

FAQ

What is the latest fair value of Gretex Industries Ltd?

The latest fair value of Gretex Industries Ltd is ₹655.14.

What is the Market Cap of Gretex Industries Ltd?

The Market Cap of Gretex Industries Ltd is 53.6 Cr..

What is the current Stock Price of Gretex Industries Ltd as on 23 June 2024?

The current stock price of Gretex Industries Ltd as on 23 June 2024 is ₹127.

What is the High / Low of Gretex Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Gretex Industries Ltd stocks is 131/37.4.

What is the Stock P/E of Gretex Industries Ltd?

The Stock P/E of Gretex Industries Ltd is 5.31.

What is the Book Value of Gretex Industries Ltd?

The Book Value of Gretex Industries Ltd is 56.0.

What is the Dividend Yield of Gretex Industries Ltd?

The Dividend Yield of Gretex Industries Ltd is 0.00 %.

What is the ROCE of Gretex Industries Ltd?

The ROCE of Gretex Industries Ltd is 146 %.

What is the ROE of Gretex Industries Ltd?

The ROE of Gretex Industries Ltd is 216 %.

What is the Face Value of Gretex Industries Ltd?

The Face Value of Gretex Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Industries 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