Key Financial Figures (Consolidated, Q1-FY27)
- Revenue from Operations: ₹375 Mn, up 70.5% YoY (Q1-FY26: ₹220 Mn) and 7.8% QoQ (Q4-FY26: ₹348 Mn)
- EBITDA: ₹172 Mn, up 911.8% YoY (Q1-FY26: ₹17 Mn) and 75.5% QoQ (Q4-FY26: ₹98 Mn)
- EBITDA Margins: 45.87%, improved 3814 bps YoY and 1771 bps QoQ
- PAT: ₹128 Mn, up 1180% YoY (Q1-FY26: ₹10 Mn) and 77.8% QoQ (Q4-FY26: ₹72 Mn)
- PAT Margins: 34.13%, improved 2959 bps YoY and 1344 bps QoQ
- Diluted EPS: ₹3.97, up 845.2% YoY (Q1-FY26: ₹0.42) and 501.5% QoQ (Q4-FY26: ₹0.66)
- Finance Cost: ₹3 Mn (Q1-FY26: ₹2 Mn; Q4-FY26: ₹11 Mn)
- Taxes: ₹44 Mn (Q1-FY26: ₹5 Mn; Q4-FY26: ₹5 Mn)
Operational Highlights
- Growth led by robust performance of material subsidiary Gretex Share Broking Ltd.
- Standalone profitability improved significantly with better operating efficiency
- Margin expansion aided by higher contribution from broking business and improved operating leverage
Business & Corporate Developments
- Three new advisory mandates signed during Q1-FY27
- Listing mandate secured with a West Bengal-based ferro-alloys company
- DRHP filed for Sky Alloys and Power Ltd. on NSE and BSE
- Bahutex received CAT-II AIF registration during the quarter; Gretex is a partner in the fund
- "Saksham Niveshak" investor-education campaign launched
- Final dividend of ₹0.70 per share recommended by the Board
Company Overview
- SEBI-registered Category-I Merchant Banker
- Migrated to mainboard in September 2025
- 62 IPO transactions completed mobilizing ~₹1,530 crore
- Geographic presence across Mumbai and Dadar with pan-India origination
- Serves 40+ sectors across Tier-1 & Tier-2 cities
Group Structure
- Gretex Corporate Services Ltd: SEBI Cat-I Merchant Banker (SME & Mainboard IPOs, FPOs, M&A)
- Gretex Share Broking Ltd: SEBI-registered stock broker and market maker (material subsidiary)
- Gretex Industries Ltd: Associate company (trading of musical instruments, listed NSE Emerge 2016)
Historical Financial Performance (Consolidated)
FY26 Performance:
- Revenue: Not explicitly stated in annual figures
- EBITDA: ₹427 Mn (23.92% margin)
- PAT: ₹276 Mn (15.46% margin)
- Diluted EPS: ₹9.82
Balance Sheet (FY26):
- Equity Share Capital: ₹242 Mn
- Reserves & Surplus: ₹1,456 Mn
- Total Shareholders Fund: ₹2,187 Mn
- Total Assets: ₹2,441 Mn
- Cash & Cash Equivalents: ₹9 Mn
Capital Market Data (as of June 30, 2026)
- Face Value: ₹10.0
- CMP: ₹430.8
- 52-Week High/Low: ₹443.4/₹213.2
- Market Capitalization: ₹10,406.6 Mn
- Shares Outstanding: 24.2 Mn
- Shareholding Pattern: Promoter & Promoter Group (61.64%), Public (36.37%), FPI (1.99%)
Strategic Initiatives
- Mainboard migration enabling larger, complex transactions
- Diversification into AIF, PMS, retail-broking M&A
- PE sell-side capabilities expansion
- Plans for GSBL listing
ESG & Sustainability
- Board-led oversight via Audit, Risk & NRC committees
- Defined KYC, AML & due-diligence processes
- Robust cybersecurity policy with no material incidents in FY26