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Gratex Industries Overview

Gratex Industries Ltd is an Indian public limited company incorporated in 1992 and headquartered in Mumbai, Maharashtra. The company operates primarily in the manufacturing sector, specializing in producing textiles and related products. Its product portfolio includes fabrics, garments, and other textile materials catering to domestic and international markets. Over the years, Gratex Industries Ltd has developed manufacturing facilities equipped with modern technology to ensure quality production. The company focuses on meeting customer requir...Read More

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Gratex Industries Key Financials

Market Cap ₹5 Cr.

Stock P/E 73.4

P/B 1.4

Current Price ₹17.3

Book Value ₹ 12.3

Face Value 10

52W High ₹26.2

Dividend Yield 0%

52W Low ₹ 14.3

Gratex Industries Share Price

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Volume
Price

Gratex Industries Quarterly Price

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Gratex Industries Peer Comparison

Gratex Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 1 1 1 1 1 1 1 1 1
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 1 1 1 1 1 1 1 1 1
Total Expenditure 1 1 1 1 1 1 1 1 1 1
Operating Profit 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0
Adjustments -0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0 0.1 0.1 0 0 0.2 0 0.1 0.1 0.1

Gratex Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1 1 1 2 3 3 2 3 4 4 4 4
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 1 1 1 2 3 3 2 3 4 4 4 4
Total Expenditure 1 1 1 2 3 3 2 3 4 4 3 4
Operating Profit 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -0 -0 0 -0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 0 0 0 0 0 0 0 0 0 0
Provision for Tax -0 -0 -0 0 -0 0 0 0 0 0 0 0
Profit After Tax -0 -0 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 -0 0 0
Profit After Adjustments -0 -0 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share -0.6 -0.3 0.6 0.7 0.2 0.5 0.1 0.3 0.6 0.3 0.2 0.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 10% 6% 15%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -11% 0% 7% 6%
ROE Average 2% 3% 3% 3%
ROCE Average 3% 5% 4% 3%

Gratex Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 2 3 3 3 3 3 3 3 4 4
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 0 0 0 1 0 0 0 0 1 1 0
Total Liabilities 3 3 3 4 3 4 3 4 4 4 4
Fixed Assets 1 1 1 1 1 1 1 1 1 1 1
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 1 2 2 2 2 2 2 2 3 3 3
Total Assets 3 3 3 4 3 4 3 4 4 4 4

Gratex Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 -0 -0 -0 -0 0 0 0 0
Cash Flow from Operating Activities 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Investing Activities -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Cash Flow from Financing Activities -0 0 0 0 -0 -0 -0 0 -0 0 -0
Net Cash Inflow / Outflow -0 0 -0 -0 0 0 0 0 -0 0 -0
Closing Cash & Cash Equivalent 0 0 -0 -0 -0 -0 0 0 0 0 0

Gratex Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.57 -0.27 0.63 0.74 0.25 0.53 0.08 0.33 0.62 0.31 0.24
CEPS(Rs) -0.1 0.1 0.97 1.05 0.78 0.97 0.45 0.72 1.03 0.75 0.75
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 8.49 8.22 8.89 9.63 9.64 10.18 10.29 10.62 11.24 11.55 12.01
Core EBITDA Margin(%) 21.95 27.74 23.91 19.65 8.13 10.75 7.1 9.12 8.5 6.67 7.23
EBIT Margin(%) -26.73 -6.82 16.03 15.47 3.29 7.01 2.9 5.23 5.59 3.36 3.14
Pre Tax Margin(%) -27.33 -7.14 15.39 14.92 2.09 6.43 2.02 4.58 5.29 3.09 2.86
PAT Margin (%) -21.55 -6.54 15.78 11.23 2.24 4.65 1.22 3.28 4.41 2.35 1.9
Cash Profit Margin (%) -3.94 2.52 24.2 16.07 7.09 8.5 7.23 7.2 7.35 5.67 6.05
ROA(%) -5.46 -3.07 6.98 6.84 2.11 4.63 0.65 2.72 4.76 2.27 1.73
ROE(%) -6.39 -3.24 7.36 7.96 2.56 5.36 0.74 3.12 5.66 2.72 2
ROCE(%) -7.45 -3.33 7.33 10.02 3.4 7.73 1.69 4.83 6.99 3.8 3.23
Receivable days 565.05 287.53 400.71 288.39 173.52 163.93 241.36 105.09 72.33 74.83 53.26
Inventory Days 226.16 144.64 136.83 109.8 75.04 74.47 190.5 163.78 142.36 171.4 208.97
Payable days 0 0 21.61 47.07 38.43 41.54 95.88 66.39 62 78.41 62.42
PER(x) 0 0 14.25 16.63 40.53 22.71 151.19 32.17 23.72 57.17 83.64
Price/Book(x) 1.17 1.22 1.01 1.27 1.04 1.19 1.11 0.99 1.31 1.53 1.64
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 3.78 2.43 2.31 2.12 0.96 1.09 1.89 1.09 1.06 1.37 1.61
EV/Core EBITDA(x) 17.22 8.76 9.43 10.36 11.75 10.06 21.27 11.93 12.41 20.47 22.04
Net Sales Growth(%) -88.94 56.36 -3.77 64.37 68.15 3.57 -46.04 61.66 40.86 -6.23 -6.07
EBIT Growth(%) -235.67 60.09 326.11 58.58 -64.25 120.62 -77.66 191.37 50.56 -43.6 -12.26
PAT Growth(%) -172.95 52.59 332.32 17.02 -66.5 115.39 -85.81 333.36 89.45 -49.94 -24.03
EPS Growth(%) -172.95 52.59 332.33 17.02 -66.5 115.39 -85.81 333.29 89.47 -49.95 -24.02
Debt/Equity(x) 0.02 0.02 0.02 0.16 0.05 0.04 0.03 0.04 0.02 0.02 0.02
Current Ratio(x) 11.69 16.49 15.35 3.29 6.65 8.3 9.77 5.46 4.58 5.11 7.54
Quick Ratio(x) 7.71 11.79 12.21 2.22 4.89 5.49 4.74 1.95 1.64 1.48 1.22
Interest Cover(x) -44.43 -21.46 24.88 28.24 2.74 12.11 3.29 8.05 18.85 12.43 11.41
Total Debt/Mcap(x) 0.01 0.01 0.02 0.12 0.05 0.03 0.02 0.04 0.01 0.02 0.01

Gratex Industries Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 61.91 61.91 61.91 61.91 61.91 61.91 61.91 61.91 61.91 61.91
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 38.09 38.09 38.09 38.09 38.09 38.09 38.09 38.09 38.09 38.09
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Gratex Industries News

Gratex Industries Pros & Cons

Pros

  • Debtor days have improved from 78.41 to 62.42days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 3% over the last 3 years.
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