GRETEX Stock Overview
Gretex Industries Limited engages in trading musical instruments in India.
Gretex Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹11.00|
|52 Week High||₹11.20|
|52 Week Low||₹9.30|
|1 Month Change||n/a|
|3 Month Change||n/a|
|1 Year Change||11.68%|
|3 Year Change||92.98%|
|5 Year Change||n/a|
|Change since IPO||-7.17%|
Recent News & Updates
|GRETEX||IN Retail Distributors||IN Market|
Return vs Industry: GRETEX underperformed the Indian Retail Distributors industry which returned 19.4% over the past year.
Return vs Market: GRETEX exceeded the Indian Market which returned -1.6% over the past year.
|GRETEX Average Weekly Movement||n/a|
|Retail Distributors Industry Average Movement||7.7%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.7%|
|10% least volatile stocks in IN Market||4.4%|
Stable Share Price: Insufficient data to determine GRETEX's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine GRETEX's volatility change over the past year.
About the Company
Gretex Industries Limited engages in trading musical instruments in India. The company offers digital pianos, guitars, drum pads, recorders, keyboards, adaptors and foot controller switch, and synthesizers; strings, drumheads and drumsticks, reeds, and guitar accessories; and sound cards, microphones, headphones, amplifiers, studio monitor speakers, loudspeakers, mixers, and accessories for audio and recording. It also manufactures and sells hosiery garments, including wooly coats, thermal inner wears, leggings, etc. under the Rupa, Dollar, TT, and other brands.
Gretex Industries Fundamentals Summary
|GRETEX fundamental statistics|
Is GRETEX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GRETEX income statement (TTM)|
|Cost of Revenue||₹117.36m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.27|
|Net Profit Margin||4.11%|
How did GRETEX perform over the long term?See historical performance and comparison
Is GRETEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GRETEX?
Other financial metrics that can be useful for relative valuation.
|What is GRETEX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does GRETEX's PE Ratio compare to its peers?
|GRETEX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: GRETEX is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (248.6x).
Price to Earnings Ratio vs Industry
How does GRETEX's PE Ratio compare vs other companies in the Indian Retail Distributors Industry?
Price-To-Earnings vs Industry: GRETEX is good value based on its Price-To-Earnings Ratio (8.6x) compared to the Indian Retail Distributors industry average (44.6x)
Price to Earnings Ratio vs Fair Ratio
What is GRETEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GRETEX's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of GRETEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate GRETEX's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate GRETEX's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GRETEX's PEG Ratio to determine if it is good value.
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How is Gretex Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gretex Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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How has Gretex Industries performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRETEX has a high level of non-cash earnings.
Growing Profit Margin: GRETEX's current net profit margins (4.1%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: GRETEX has become profitable over the past 5 years, growing earnings by 67.1% per year.
Accelerating Growth: GRETEX's earnings growth over the past year (127.8%) exceeds its 5-year average (67.1% per year).
Earnings vs Industry: GRETEX earnings growth over the past year (127.8%) exceeded the Retail Distributors industry 20.3%.
Return on Equity
High ROE: GRETEX's Return on Equity (12.3%) is considered low.
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How is Gretex Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GRETEX's short term assets (₹57.5M) exceed its short term liabilities (₹16.2M).
Long Term Liabilities: GRETEX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GRETEX's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: GRETEX's debt to equity ratio has reduced from 30.3% to 18.9% over the past 5 years.
Debt Coverage: GRETEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRETEX's interest payments on its debt are well covered by EBIT (10.2x coverage).
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What is Gretex Industries's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GRETEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GRETEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GRETEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GRETEX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GRETEX has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Arvind Harlalka (46 yo)
Mr. Arvind Harlalka serves as Executive Non-Independent Chairperson and Managing Director of Gretex Industries Limited and has been its Non-Independent Executive Director since February 24, 2010. Mr. Harla...
CEO Compensation Analysis
Compensation vs Market: Arvind's total compensation ($USD15.36K) is below average for companies of similar size in the Indian market ($USD38.49K).
Compensation vs Earnings: Arvind's compensation has been consistent with company performance over the past year.
Experienced Board: GRETEX's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gretex Industries Limited's employee growth, exchange listings and data sources
- Name: Gretex Industries Limited
- Ticker: GRETEX
- Exchange: NSEI
- Founded: 2009
- Industry: Distributors
- Sector: Retail
- Implied Market Cap: ₹46.328m
- Shares outstanding: 4.21m
- Website: https://www.gretexindustries.com
- Gretex Industries Limited
- 90, Phears Lane
- 5th Floor
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/22 00:00|
|End of Day Share Price||2022/06/14 00:00|
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 here.