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Gretex Industries LimitedNSEI:GRETEX Stock Report

Market Cap ₹3.5b
Share Price
₹233.75
₹98.27
137.9% overvalued intrinsic discount
1Y-10.1%
7D-9.7%
1D
Portfolio Value
View

Gretex Industries Limited

NSEI:GRETEX Stock Report

Market Cap: ₹3.5b

Gretex Industries (GRETEX) Stock Overview

Engages in the trading of musical instruments in India. More details

GRETEX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

GRETEX Community Fair Values

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Gretex Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Gretex Industries
Historical stock prices
Current Share Price₹233.75
52 Week High₹301.00
52 Week Low₹180.50
Beta0.22
1 Month Change-19.12%
3 Month Change-13.43%
1 Year Change-10.10%
3 Year Change328.51%
5 Year Change2,180.49%
Change since IPO1,872.57%

Recent News & Updates

Recent updates

Analysis Article May 27

Here's Why Gretex Industries (NSE:GRETEX) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Nov 15

Gretex Industries' (NSE:GRETEX) Earnings Aren't As Good As They Appear

Strong earnings weren't enough to please Gretex Industries Limited's ( NSE:GRETEX ) shareholders over the last week. We...
Analysis Article Aug 27

We Ran A Stock Scan For Earnings Growth And Gretex Industries (NSE:GRETEX) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 08

Investors Shouldn't Be Too Comfortable With Gretex Industries' (NSE:GRETEX) Earnings

Gretex Industries Limited's ( NSE:GRETEX ) stock was strong after they recently reported robust earnings. However, we...
Analysis Article Mar 06

What Gretex Industries Limited's (NSE:GRETEX) P/E Is Not Telling You

There wouldn't be many who think Gretex Industries Limited's ( NSE:GRETEX ) price-to-earnings (or "P/E") ratio of 28.6x...
Analysis Article Oct 20

Potential Upside For Gretex Industries Limited (NSE:GRETEX) Not Without Risk

Gretex Industries Limited's ( NSE:GRETEX ) price-to-earnings (or "P/E") ratio of 9.7x might make it look like a strong...

Shareholder Returns

GRETEXIN Retail DistributorsIN Market
7D-9.7%-3.2%0.4%
1Y-10.1%-18.7%-0.6%

Return vs Industry: GRETEX exceeded the Indian Retail Distributors industry which returned -18.7% over the past year.

Return vs Market: GRETEX underperformed the Indian Market which returned -0.6% over the past year.

Price Volatility

Is GRETEX's price volatile compared to industry and market?
GRETEX volatility
GRETEX Average Weekly Movementn/a
Retail Distributors Industry Average Movement6.7%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.3%
10% least volatile stocks in IN Market4.8%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine GRETEX's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
200936Arvind Harlalkawww.gretexindustries.com

Gretex Industries Limited engages in the trading of musical instruments in India. The company offers portable keyboard, synthesizers, digital piano, acoustic piano, grand piano, digital workstation, digital piano accessories, electric base, drums kits, clarinet, saxophone, recorders, audio visuals, professional audio, silent and classic guitars, electric guitars, acoustic guitars, adaptors, cables, capo, evans, planet waves, plectrums, promark, puresound, rico, rosin, and tuners, as well as keyboards, basses, mixers, synthesizers, and amplifiers. It markets its products under Yamaha, D’Addario, Promark, Evans Drumheads, IA Stands, Boya, Gappu, and Beta brands.

Gretex Industries Limited Fundamentals Summary

How do Gretex Industries's earnings and revenue compare to its market cap?
GRETEX fundamental statistics
Market cap₹3.46b
Earnings (TTM)₹15.82m
Revenue (TTM)₹523.98m
218.8x
P/E Ratio
6.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRETEX income statement (TTM)
Revenue₹523.98m
Cost of Revenue₹465.36m
Gross Profit₹58.62m
Other Expenses₹42.80m
Earnings₹15.82m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin11.19%
Net Profit Margin3.02%
Debt/Equity Ratio1.9%

How did GRETEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 10:49
End of Day Share Price 2026/05/27 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gretex Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.