Gretex Industries
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Gretex Industries was appointed as an authorised dealer for pro audio products by Sony India Private Limited in West Bengal with effect from 19 September 2026. The mandate covered pro audio equipment in the company's home state. Trading in musical instruments and professional audio accounted for about 95% of its revenue, with distribution of brands including Yamaha, D'Addario and Behringer across West Bengal, the northeast and Maharashtra. The company reported revenue of ₹32.9 crore and net profit of ₹1.6 crore in the year to March 2025. Short-term borrowings stood at ₹97.3 crore at the time, while inventory stood at ₹110 crore.
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Gretex Industries was appointed as an authorised dealer for pro audio products by Sony India Private Limited in West Bengal with effect from 19 September 2026. The mandate covered pro audio equipment in the company's home state. Trading in musical instruments and professional audio accounted for about 95% of its revenue, with distribution of brands including Yamaha, D'Addario and Behringer across West Bengal, the northeast and Maharashtra. The company reported revenue of ₹32.9 crore and net profit of ₹1.6 crore in the year to March 2025. Short-term borrowings stood at ₹97.3 crore at the time, while inventory stood at ₹110 crore.
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March 2 (Reuters) - Gretex Industries Ltd GREX.NS:
UNIT COMMENCES INM FRANCHISE OPERATIONS
Source text: ID:nNSE2KbNnx
Further company coverage: GREX.NS
(([email protected];;))
March 2 (Reuters) - Gretex Industries Ltd GREX.NS:
UNIT COMMENCES INM FRANCHISE OPERATIONS
Source text: ID:nNSE2KbNnx
Further company coverage: GREX.NS
(([email protected];;))
Oct 17 (Reuters) - Gretex Industries Ltd GREX.NS:
APPROVED INVESTMENT OF 90 MILLION RUPEES IN UNIT
Source text for Eikon: ID:nNSE1vpWTs
Further company coverage: GREX.NS
(([email protected];;))
Oct 17 (Reuters) - Gretex Industries Ltd GREX.NS:
APPROVED INVESTMENT OF 90 MILLION RUPEES IN UNIT
Source text for Eikon: ID:nNSE1vpWTs
Further company coverage: GREX.NS
(([email protected];;))
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What does Gretex Industries do?
Gretex Industries, established in 2013-14, specializes in manufacturing fabric and hosiery garments like thermal innerwear and leggings. Their product range includes various fabric production techniques.
Who are the competitors of Gretex Industries?
Gretex Industries major competitors are Shreedhar Spinners, Bella Casa Fashion, Ashutosh Fibre, Suditi Industries, Nandan Denim, Binny, DCM Nouvelle. Market Cap of Gretex Industries is ₹343 Crs. While the median market cap of its peers are ₹325 Crs.
Is Gretex Industries financially stable compared to its competitors?
Gretex Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Gretex Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Gretex Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Gretex Industries allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Gretex Industries balance sheet?
Balance sheet of Gretex Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Gretex Industries improving?
No, profit is decreasing. The profit of Gretex Industries is ₹1.47 Crs for Mar 2026, ₹2.89 Crs for Mar 2025 and ₹9.95 Crs for Mar 2024
Is the debt of Gretex Industries increasing or decreasing?
The net debt of Gretex Industries is decreasing. Latest net debt of Gretex Industries is -₹4.37 Crs as of Mar-26. This is less than Mar-25 when it was ₹7.31 Crs.
Is Gretex Industries stock expensive?
Gretex Industries is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Gretex Industries is 233, while 3 year average PE is 143. Also latest EV/EBITDA of Gretex Industries is 194 while 3yr average is 415.
Has the share price of Gretex Industries grown faster than its competition?
Gretex Industries has given better returns compared to its competitors. Gretex Industries has grown at ~101.02% over the last 7yrs while peers have grown at a median rate of 12.48%
Is the promoter bullish about Gretex Industries?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Gretex Industries is 64.95% and last quarter promoter holding is 64.95%.
Are mutual funds buying/selling Gretex Industries?
There is Insufficient data to gauge this.