Gretex Industries

SMENSE: GRETEX
Compare with peers
₹ 214.00▼ 11 (−4.89%)25 Sept, 11:45 am IST
Market cap
₹ 90 Cr.
P/E
237x
P/B
6.71x
52-week range
180.5 – 304
ROE
4%
ROCE
3%
Debt / equity
0.01
Sector
Entertainment
Industry
Media & Entertainment
Listed on
NSE SME

About

Gretex Industries Limited is an India-based company. The Company is engaged in the business of trading musical instruments. The Company is the distributor of musical instruments (MI), professional audio (PA), and audiovisual (AV) products in Eastern and Northeastern India for globally renowned brands, including Yamaha, Hogar, D'Addario, Rico, Evans, Promark, Planet Waves, Sweton, IA Stands, Gappu, Beta 3, CKS Acoustics, among others. Its product categories include Adaptors, Cables, Capo, Rosin, Plectrum, Tuners, Rico, Amplifiers, Evans, Planet Waves, Promark, Puresound, Electric basses, Classical Guitars, Electric Guitars, Silent Guitars, Portable Keyboard and Synthesizers. The Company’s subsidiaries are Gretex Audiotech LLP and Suview Nirman Private Limited.

Quick check

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

Compared with its industry

Media & Entertainment: 24 companies →

Gretex Industries 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)237 against a typical 44.4: pricier than most peers (1st = cheapest).21st of 24
  • Sales growth+62.3% against a typical +23.9% from a year earlier.3rd of 17
  • Profit growth−98.9% against a typical −44.2% from a year earlier.9th of 11
  • Share price, 3 months−28.7% against a typical −11%.20th of 22
  • Size₹ 90.1 Cr. market value against a typical ₹ 90.1 Cr. (1st = largest).11th of 21

Board meetings

Results dates and other board meetings. Full calendar

Details
4 Sep 2026Fund RaisingTo consider Fund Raising
4 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
9 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
11 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
12 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
20 May 2025Financial ResultsTo consider and approve the financial results for the period ended March 31, 2025

Share price

1Y change +12.63%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales7581211181718192828
Expenses6581210171718192827
Operating Profit00001100110
OPM %4.4%1.9%0.8%2.8%5.2%3.7%0.1%0.1%3.2%2%1.3%
Other Income0000−0013122−0
Interest00000000000
Depreciation00000000000
Profit before tax00010113122−1
Tax %0%0%−85%0%56.4%26.9%25.3%25.4%−14.6%27.9%−114.8%
Net Profit00010190210
EPS in Rs0.850.40.881.190.41.3522.270.31.190.810.09

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
31%
5 Years
42%
3 Years
30%
TTM
56%
Compounded Profit Growth
10 Years
19%
5 Years
23%
3 Years
30%
TTM
3%
Stock Price CAGR
10 Years
—
5 Years
80%
3 Years
76%
TTM
—
Return on Equity
10 Years
—
5 Years
6%
3 Years
5%
TTM
—

Shareholding

Latest: Aug 2026.

Promoters
65.66%
+2.27 pts in a year
FIIs
0%
−0.21 pts in a year
DIIs
0.15%
−0.02 pts in a year
Public
34.19%
−2.03 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 237xEPS (12 months) ₹ 0.90Median P/E 122.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Gretex Industries₹ 214.00₹ 90 Cr.237x6.7x4%—
Kalyan Jewellers India₹ 512.00₹ 52,877 Cr.43.1x9.4x—3.7%
Thangamayil Jewellery₹ 4,690.50₹ 14,622 Cr.46.5x11.6x—4.1%
Honasa Consumer₹ 431.80₹ 14,058 Cr.77x11.1x—9.8%
P N Gadgil Jewellers₹ 572.65₹ 8,430 Cr.19.6x4.1x—3.9%
Aditya Vision₹ 555.00₹ 7,162 Cr.63.8x11x—4.8%

Management

Pradeep Mertia
Chief Financial Officer
Neeti Dubey
Compliance Officer, Company Secretary
Arvind Harlalka
Joint Managing Director, Executive Director
Rajkumari Harlalka
Managing Director, Executive Director
Vishal Arora
Executive Director

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