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Last Updated: March 26, 2026, 3:29 am
Author: Getaka|Social: XLinkedIn

Gretex Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹222.97Overvalued by 25.68%vs CMP ₹300.00

P/E (146.0) × ROE (5.6%) × BV (₹33.60) × DY (2.00%)

₹80.07Overvalued by 73.31%vs CMP ₹300.00
MoS: -274.7% (Negative)Confidence: 65/100 (Moderate)Models: All 8: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹245.4625%Over (-18.2%)
Graham NumberEarnings₹39.5618%Over (-86.8%)
Earnings PowerEarnings₹14.3512%Over (-95.2%)
DCFCash Flow₹34.7115%Over (-88.4%)
Net Asset ValueAssets₹33.588%Over (-88.8%)
EV/EBITDAEnterprise₹5.2710%Over (-98.2%)
Earnings YieldEarnings₹20.708%Over (-93.1%)
Revenue MultipleRevenue₹23.076%Over (-92.3%)
Consensus (8 models)₹80.07100%Overvalued
Key Drivers: P/E of 146 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | Wide model spread (₹5–₹245) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 10.1%

*Investments are subject to market risks

Analyst Summary

Gretex Industries Ltd operates in the Textiles - Readymade Apparels segment, current market price is ₹300.00, market cap is 465 Cr.. At a glance, stock P/E is 146, ROE is 5.57 %, ROCE is 5.30 %, book value is 33.6, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹80.07, around 73.3% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹36 Cr versus the prior period change of 2.9%, while latest net profit is about ₹2 Cr with a prior-period change of -84.9%. This analysis page also carries profit and loss, shareholding pattern, ratio panels data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 300/180, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGretex 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 i…

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

Investment Snapshot

54
Gretex Industries Ltd scores 54/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health54/100 · Moderate
ROCE 5.3% WeakROE 5.6% WeakD/E 0.23 Low debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 63.4% StableShareholders up 31% Retail surge
Earnings Quality50/100 · Moderate
OPM stable around 2% Steady
Quarterly Momentum78/100 · Strong
Revenue (4Q): +43% YoY AcceleratingProfit (4Q): +18% YoY Positive
Industry Rank30/100 · Weak
P/E 146.0 vs industry 33.4 Premium to peersROCE 5.3% vs industry 11.4% Below peersROE 5.6% vs industry 15.7% Below peers3Y sales CAGR: 40% 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. Not investment advice.

Share Price and Basic Stock Data

Last Updated: March 26, 2026, 3:29 am

Market Cap 465 Cr.
Current Price 300
Intrinsic Value₹80.07
High / Low 300/180
Stock P/E146
Book Value 33.6
Dividend Yield0.00 %
ROCE5.30 %
ROE5.57 %
Face Value 10.0
PEG Ratio14.47

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

View Share Price Target for Gretex Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Gretex Industries Ltd 465 Cr. 300 300/180146 33.60.00 %5.30 %5.57 % 10.0
Thomas Scott India Ltd 365 Cr. 249 474/23020.8 86.00.00 %20.4 %16.4 % 10.0
Bella Casa Fashion & Retail Ltd 351 Cr. 262 525/22017.6 1180.76 %17.2 %13.5 % 10.0
Iris Clothings Ltd 606 Cr. 31.9 39.5/21.042.6 6.950.00 %17.9 %17.3 % 2.00
Zodiac Clothing Company Ltd 184 Cr. 67.0 125/58.5 71.00.00 %8.18 %16.2 % 10.0
Industry Average4,184.42 Cr1,215.8433.42143.320.29%11.36%15.66%7.21

All Competitor Stocks of Gretex Industries Ltd

Quarterly Result

MetricJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 9.749.089.957.6413.5014.6116.19
Expenses 9.528.769.507.6313.0914.4615.43
Operating Profit 0.220.320.450.010.410.150.76
OPM % 2.26%3.52%4.52%0.13%3.04%1.03%4.69%
Other Income 0.280.640.810.410.401.350.97
Interest 0.020.120.230.270.180.040.03
Depreciation 0.020.070.170.020.140.230.27
Profit before tax 0.460.770.860.130.491.231.43
Tax % 23.91%23.38%-26.74%-500.00%42.86%21.95%9.79%
Net Profit 0.340.591.090.780.260.961.29
EPS in Rs 0.710.300.720.520.150.650.75

Last Updated: January 12, 2026, 5:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 6:46 am

MetricMar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 3.712.389.6213.0625.2734.7435.7651.94
Expenses 2.712.228.7412.8924.3834.0435.0850.61
Operating Profit 1.000.160.880.170.890.700.681.33
OPM % 26.95%6.72%9.15%1.30%3.52%2.01%1.90%2.56%
Other Income 0.04-1.56-1.000.280.1013.161.183.13
Interest 0.210.160.010.040.070.320.500.52
Depreciation 0.450.500.070.050.040.090.090.66
Profit before tax 0.38-2.06-0.200.360.8813.451.273.28
Tax % 36.84%-22.82%55.00%-47.22%23.86%25.43%-18.90%
Net Profit 0.24-1.59-0.320.540.6610.041.523.29
EPS in Rs 0.76-3.78-0.761.281.5223.630.962.07
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2016-20172021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-762.50%268.75%22.22%1421.21%-84.86%
Change in YoY Net Profit Growth (%)0.00%1031.25%-246.53%1398.99%-1506.07%

Gretex Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2016-2017 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:40%
TTM:3%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:36%
TTM:31%
Stock Price CAGR
10 Years:%
5 Years:107%
3 Years:171%
1 Year:48%
Return on Equity
10 Years:%
5 Years:%
3 Years:7%
Last Year:6%

Last Updated: September 5, 2025, 5:20 am

Balance Sheet

Last Updated: December 4, 2025, 1:19 am

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 3.164.214.214.214.214.2114.8115.51
Reserves 0.30-0.39-0.73-0.190.4619.3810.2036.54
Borrowings 2.711.160.030.824.441.058.041.07
Other Liabilities 0.660.450.891.151.566.788.6812.08
Total Liabilities 6.835.434.405.9910.6731.4241.7365.20
Fixed Assets 3.801.330.080.050.716.7515.1526.60
CWIP 0.000.000.000.000.000.000.000.00
Investments 0.690.570.000.000.027.141.168.09
Other Assets 2.343.534.325.949.9417.5325.4230.51
Total Assets 6.835.434.405.9910.6731.4241.7365.20

Reserves and Borrowings Chart

Cash Flow

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 0.05-2.28-0.18-0.280.40-8.010.03
Cash from Investing Activity + -0.361.120.160.38-0.689.26-0.26
Cash from Financing Activity + 0.381.12-0.04-0.04-0.07-0.28-0.48
Net Cash Flow 0.06-0.04-0.050.06-0.360.97-0.71
Free Cash Flow 0.02-1.56-0.01-0.29-0.30-8.03-0.19
CFO/OP 5%-1,425%-20%-165%45%-1,147%441%

Free Cash Flow

MonthMar 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-1.71-1.000.85-0.65-3.55-0.35-7.36

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 2016Mar 2017Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 125.93177.9037.5628.2330.9129.5231.64
Inventory Days 74.17417.8386.86108.9460.4861.49142.65
Days Payable 54.65105.6634.2319.247.8715.5250.20
Cash Conversion Cycle 145.45490.0790.19117.9383.5275.50124.09
Working Capital Days 16.73346.60107.0097.8226.43100.76116.77
ROCE %-7.00%9.21%12.97%8.00%5.30%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 52.98%52.98%52.98%52.99%52.99%52.99%52.99%63.40%63.64%63.64%63.39%63.39%
FIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.20%0.22%0.22%0.21%0.21%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.18%0.18%0.18%0.17%0.17%
Public 47.01%47.01%47.02%47.01%47.01%47.01%47.01%36.22%35.96%35.96%36.22%36.22%
No. of Shareholders 55545454555660107144145156204

Shareholding Pattern Chart

No. of Shareholders

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

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 17
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.9623.621.531.28-4.35
Diluted EPS (Rs.) 3.3623.621.531.28-4.35
Cash EPS (Rs.) 1.0824.031.671.38-2.30
Book Value[Excl.RevalReserv]/Share (Rs.) 16.8856.0211.9410.379.08
Book Value[Incl.RevalReserv]/Share (Rs.) 16.8856.0211.9410.379.08
Revenue From Operations / Share (Rs.) 24.1482.5053.9931.025.66
PBDIT / Share (Rs.) 1.2533.082.351.070.52
PBIT / Share (Rs.) 1.1932.882.260.96-0.67
PBT / Share (Rs.) 0.8531.952.090.86-1.03
Net Profit / Share (Rs.) 1.0223.831.591.28-3.49
NP After MI And SOA / Share (Rs.) 0.9523.621.531.28-3.78
PBDIT Margin (%) 5.1640.094.353.459.22
PBIT Margin (%) 4.9139.854.193.10-11.86
PBT Margin (%) 3.5638.723.872.80-18.20
Net Profit Margin (%) 4.2328.882.934.11-61.72
NP After MI And SOA Margin (%) 3.9628.632.834.12-66.83
Return on Networth / Equity (%) 5.6642.1613.7913.38-41.60
Return on Capital Employeed (%) 6.1255.1118.679.28-5.97
Return On Assets (%) 3.3931.666.038.99-29.31
Long Term Debt / Equity (X) 0.000.000.000.000.23
Total Debt / Equity (X) 0.320.040.950.200.23
Asset Turnover Ratio (%) 0.971.652.730.000.38
Current Ratio (X) 1.922.721.383.545.37
Quick Ratio (X) 0.981.880.711.382.89
Inventory Turnover Ratio (X) 4.100.000.000.000.00
Interest Coverage Ratio (X) 3.8247.4313.6711.401.46
Interest Coverage Ratio (Post Tax) (X) 4.1335.4910.2414.591.27
Enterprise Value (Cr.) 348.8228.4915.795.027.22
EV / Net Operating Revenue (X) 9.750.810.690.383.03
EV / EBITDA (X) 189.012.0415.9611.1332.84
MarketCap / Net Operating Revenue (X) 9.440.780.490.342.74
Price / BV (X) 13.511.162.411.111.71
Price / Net Operating Revenue (X) 9.440.780.490.342.74
EarningsYield 0.000.360.050.12-0.24

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

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. 32.92 Cr. and Equity Capital is Rs. 14.81 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Textiles - Readymade Apparels90, Phears Lane, 5th Floor, Kolkata West Bengal 700012Contact not found
Management
NamePosition Held
Mrs. Rajkumari HarlalkaManaging Director
Mr. Arvind HarlalkaJoint Managing Director
Mr. Vishal AroraExecutive Director
Mr. Alok HarlalkaNon Executive Director
Mr. Vikash Kumar AgarwalIndependent Director
Mr. Vivek KhandelwalIndependent Director

FAQ

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

As of 21 April 2026, Gretex Industries Ltd's intrinsic value is ₹80.07, which is 73.31% lower than the current market price of ₹300.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (5.57 %), book value (₹33.6), dividend yield (0.00 %), and 5-year EPS CAGR.

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

Gretex Industries Ltd is trading at ₹300.00 as of 21 April 2026, with a FY2026-2027 high of ₹300 and low of ₹180. The stock is currently near its 52-week high. Market cap stands at ₹465 Cr..

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

Gretex Industries Ltd has a P/E ratio of 146, which is above the industry average of 33.42. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Gretex Industries Ltd financially healthy?

Key indicators for Gretex Industries Ltd: ROCE of 5.30 % is on the lower side compared to the industry average of 11.36%; ROE of 5.57 % is below ideal levels (industry average: 15.66%). Dividend yield is 0.00 %.

Is Gretex Industries Ltd profitable and how is the profit trend?

Gretex Industries Ltd reported a net profit of ₹2 Cr in Mar 2025 on revenue of ₹36 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Gretex Industries Ltd pay dividends?

Gretex Industries Ltd has a dividend yield of 0.00 % at the current price of ₹300.00. The company is currently not paying meaningful dividends.

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