GCSLFinancial Services

Gretex Corporate Services Limited

Other Capital Market related Services · ISIN INE199P01028 · BSE 543324 · NSE EQ · FV ₹10
Last price
₹594
-0.07%today
What this company does

Gretex Corporate Services Limited operates in Other Capital Market related Services, part of the Financial Services sector. It booked ₹38 cr of revenue in its latest quarter (Q1 FY27) and kept 24.9% of sales as profit.

Private Role 4 Connects businesses with institutional investors through structured private placements, Placements & focusing on early-stage, growth-stage, and pre-IPO funding.
In the report:
55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 54–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
63

At close. Not part of the score.

Profitability & returns65

How much profit it earns on the money it employs

Cash quality38

Whether reported profit actually arrives as cash

Valuation14

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 25% net margin
Promoters hold 62%
No promoter shares pledged
Strong 15% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in GCSL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹594 -0.07%
latest close · 2026-09-17
52-wk low ₹45242 sessions so far52-wk high ₹617
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio37.4High
LowAverageHigh
P/B ratio5.82High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.1%Strong
WeakFairStrong ▸15%
Return on capital21.2%Strong
WeakFairStrong
Net margin24.9%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Current ratio7.09Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,436 cr
Book value
₹102
EPS
₹3.97
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
10.8%
Earnings yield
2.67%
P/S
9.57
Sales / share
₹62.1
Tax rate
26.2%
Face value
₹10
Shares
2.4 cr
Working capital
₹128 cr
Current assets
₹149 cr
Current liabilities
₹21 cr
Delivery %
33.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹75₹75, midpoint ₹75

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹38 cr
Other Income₹54.5 L
Total Income₹38 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹21 cr
Inventory Change (±)₹-4 cr
Employee Benefit Expense₹2 cr
Finance Costs₹33.9 L
Depreciation & Amortisation₹55.8 L
Other Expenses₹1 cr
Total Expenses₹21 cr
Profit before Tax₹17 cr
Tax Expense₹4 cr
Share of JV / Associates₹41.5 L
Net Profit₹13 cr
Net margin on total income33.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹17 cr43.7%
Employee benefit expense₹2 cr6.0%
Finance costs₹33.9 L0.9%
Depreciation & amortisation₹55.8 L1.5%
Other expenses₹1 cr3.4%
Tax expense₹4 cr11.4%
Profit for the period₹13 cr33.3%
Total income ₹38 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue42 cr35 cr38 cr
Total income55 cr34 cr38 cr
Expenses44 cr26 cr21 cr
Profit before tax11 cr8 cr17 cr
Tax5 cr51.8 L4 cr
Net profit (owners' share)2 cr7 cr9 cr
Net margin (owners' share, on revenue)3.8%20.6%24.9%
EPS (₹)3.032.733.97
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹344 cr
Shareholder equity
₹247 cr
parent shareholders
Total debt
₹10 cr
Cash
₹79 L
Cash flow · H1 FY26
Operating
₹3 cr
Investing
₹9 cr
Financing
₹-12 cr
Peer comparison
Financial Services · by market value (sector-level match)
CompanyPriceMarket capP/E
HDFC Bank Limited₹713₹10.98 L cr14.3
ICICI Bank Limited₹1,348₹9.67 L cr15.6
State Bank of India₹989₹9.13 L cr9.5
Bajaj Finance Limited₹1,015₹6.31 L cr26.4
Bajaj Finserv Limited₹1,859₹5.97 L cr23.7
Kotak Mahindra Bank Limited₹417₹4.14 L cr18.9
Axis Bank Limited₹1,240₹3.86 L cr12.6
Shriram Finance Limited₹995₹2.34 L cr16.7
ICICI Prudential Asset Management Company Limited₹3,098₹1.53 L cr39.7
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.12%
trailing 12 months
Dividend / share (TTM)
₹0.7
Last dividend
₹0.7
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹0.7 / share17 Jul 2026
Dividend₹0.3 / share1 Aug 2025
Bonus issue10:99 Apr 2025
Dividend₹0.3 / share14 Nov 2024
Dividend₹0.3 / share22 Aug 2024
Dividend₹0.3 / share23 Feb 2024
Who owns it · 2026-06-30
No pledge
Promoter
61.6%
FII / Foreign
2.0%
DII / Domestic
0.0%
Retail / others
36.4%
Promoter stake down 1.6% over the last 5 quarters.
Smart-money activity
Insider trades
SoldTalent Investment Co Private Limited · Promoter Group1.82 L · ₹5.5 cr28 Jan 26
SoldTalent Investment Co Private Limited · Promoter Group75,669 · ₹2.3 cr27 Jan 26
SoldTalent Investment Co Private Limited · Promoter Group3.00 L · ₹9.0 cr22 Jan 26
Bulk / block deals
BoughtSIDDHISURI FINVEST PRIVATE LIMITED · NSE2.00 L @ ₹57616 Sep 26
SoldMANSUKH SECURITIES & FINANCE LIMITED · NSE3.63 L @ ₹577.5416 Sep 26
BoughtMANSUKH SECURITIES & FINANCE LIMITED · NSE3.14 L @ ₹586.0116 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 13 Dec 2025
See the official result
1
To consider and approve issue of fully convertible equity warrants on preferential basis to certain identified persons and other matters related thereto
Backed by 100% of shareholders other than promotersneeded 75%
21.50 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 61.6% between them · as of 2026-06-30
BONANZA AGENCY LLP42.06%
TALENT INVESTMENT COMPANY PRIVATE LIMITED13.67%
ARVIND HARLALKA1.74%
SUMEET HARLALKA1.68%
ARVIND HARLALKA HUF0.60%
SUMIT HARLALKA HUF0.46%
ALOK HARLALKA0.36%
POOJA HARLALKA0.36%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Feb 2026 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside.

Working capital Requirements
100%
of what was set aside

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

₹30 cr raised in Jan 2026 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside.

The Company shall utilize the proceeds from the preferential issue of shares to use full preferential allotment issue proceeds for acquiring and Investing in the Proposed Issue of Equity Share Capital of its Subsidiary M/s. Gretex Share Broking Limited.
100%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.