Gretex Corporate Services

NSE: GCSLBSE: 543324
Compare with peers
₹ 751.80▲ 4.1 (+0.55%)28 Oct, 03:29 pm IST
Market cap
₹ 1,754 Cr.
P/E
69x
P/B
10.3x
52-week range
223.55 – 756.8
ROE
13%
ROCE
17%
Dividend yield
0.1%
Debt / equity
0.09
Sector
Capital Markets
Industry
Other Capital Market related Services
Listed on
NSE, BSE

About

Gretex Corporate Services Limited is an India-based merchant banking company. The Company is focused on providing a range of financial and capital market services. The Company operates in the small and medium enterprises (SME) segment of primary market issues. It offers lead management and syndication of small and medium-sized initial public offerings (IPOs), follow-on public offers (FPOs), rights issues, composite issues, qualified institutional placement (QIPs), private investment in public equity (PIPE) deals, and other forms of fundraising. It also acts as a lead manager for mergers and acquisitions (M&A) transactions, delisting offers, buybacks, compliance health checks, and the issuance of due diligence certificates. It also provides valuation and advisory services for foreign investments, employee stock options plan (ESOP) certifications, fairness opinions of amalgamation schemes, mergers, and spin-off transactions. It has one subsidiary company, Sunview Nirman Private Limited.

Quick check

The five things to look at first. Open one for more.

Gretex Corporate Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)69 against a typical 14: pricier than most peers (1st = cheapest).5th of 5
  • Sales growth+72.7% against a typical +60.5% from a year earlier.2nd of 5
  • Profit growth+1,200% against a typical +98.4% from a year earlier.1st of 5
  • Share price, 3 months+45.2% against a typical +11.7%.1st of 5
  • Size₹ 1,753.5 Cr. market value against a typical ₹ 135.5 Cr. (1st = largest).1st of 4

Board meetings

Results dates and other board meetings. Full calendar

Details
31 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
7 May 2026Financial Results/Dividend/Fund RaisingPrior intimation for the Board Meeting
10 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
13 Nov 2025Financial Results/Fund RaisingTo consider and approve the financial results for the period ended September 30, 2025 and Fund Raising

Share price

1Y change +227.51%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Jun 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales54454409466602280423538
Expenses42138307778722048422520
Operating Profit22316917−12−1223201017
OPM %29%53%30%24%18%−19%−20%8%40%−0.8%28%46%
Other Income1210314−111−1213−11
Interest000000000010
Depreciation001011111101
Profit before tax225169191−2421911817
Tax %16%24%28%25%22%−60%−11%37%33%40%7%26%
Net Profit219127151−211137713
EPS in Rs0.948.554.12.294.391.53−7.570.345.060.712.073.86

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
124%
3 Years
133%
TTM
−20%
Compounded Profit Growth
10 Years
—
5 Years
106%
3 Years
2%
TTM
1,024%
Stock Price CAGR
10 Years
—
5 Years
117%
3 Years
49%
TTM
—
Return on Equity
10 Years
—
5 Years
17%
3 Years
13%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
61.64%
−1.63 pts in a year
FIIs
1.99%
+1.99 pts in a year
DIIs
0%
0 pts in a year
Public
36.36%
−0.37 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 69xEPS (12 months) ₹ 11.70Median P/E 37.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Gretex Corporate Services₹ 751.80₹ 1,754 Cr.69x10.3x13%—
ICICI Prudential Asset Management Company Ltd₹ 2,655.00₹ 1,30,928 Cr.47.7x37.7x—56%
HDFC Asset Management Company₹ 2,250.00₹ 96,542 Cr.39.9x12.3x—69.3%
Nippon Life India Asset Management₹ 922.10₹ 59,010 Cr.50.1x16.3x34.5%56.4%
Multi Commodity Exchange Of India₹ 3,017.00₹ 76,931 Cr.52.6x16.6x37.9%57.8%
Motilal Oswal Financial Services₹ 925.00₹ 55,715 Cr.30.8x4.5x15.6%21.2%

Management

Alok Harlalka
Chief Financial Officer, Managing Director, Executive Director
Bhavna Nishant Desai
Compliance Officer, Company Secretary
Arvind Harlalka
Whole Time Director
Sumeet Harlalka
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.