Gratex Industries Ltd.

BSE: GRATEXI · Paper & Paper Products · sector

₹16.36BSE close 2026-10-26

Key numbers

Market cap₹5 cr

Price₹16.36

52w high / low₹28 / ₹16

P/E37.2xSector median 13.8x

P/B1.3xSector median 0.6x

Book value₹12.4

Dividend yield–Sector median 1.38%

ROE3.6%Sector median 5.8%

ROCE5.4%Sector median 5.9%

OPM7.5%Sector median 8.2%

Debt / equity0.05xSector median 0.42x

EV/EBITDA14.6xSector median 8.0x

Interest cover13.8x

Current ratio4.23x

Sales growth 3y+0.1%Sector median -4.5%

Profit growth 3y-16.6%Sector median -13.6%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 40 companies in Paper & Paper Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹0 cr vs borrowings ₹0 cr (FY26): borrowings are higher by ₹0 cr.
Operating profit covered interest 13.8x in the last 12 months.
Other income was 0% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹16.36 on 2026-10-26: -41.7% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹27.60 · low ₹14.96

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1	1	1	1	1	1
EBITDA	0	0	0	0	0	0
OPM %	8.6%	6.6%	6.3%	7.1%	8.7%	7.2%
Other income	0	0	0	0	0	0
Net profit	0	0	0	0	0	0
EPS (₹)	0.03	0.06	0.10	0.09	0.11	0.14
Revenue YoY					+81.4%	+37.4%
Profit YoY					+300.0%	+100.0%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	3	4	4	4	4	5
EBITDA	0	0	0	0	0	0
Net profit	0	0	0	0	0	0
EPS (₹)	0.33	0.62	0.31	0.24	0.36	0.44
Revenue growth		+41.1%	-6.3%	-6.0%	+13.9%	–
Profit growth		+90.0%	-52.6%	-22.2%	+57.1%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+0.1%	–	–
Net profit	-16.6%	–	–
EPS	-16.6%	–	–
Share price	–	-9.4% (2y)	-18.1%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	4	4
Borrowings	0	0
Cash & equivalents	0	0
Total assets	4	5
Fixed assets	1	1
Investments	0	0
Receivables	0	1
Inventory	2	2
Payables	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	0	0
Cash from investing	-0	-0
Cash from financing	-0	0
Capex	0	0
Free cash flow	0	-0

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	2.0%	2.9%
ROCE %	3.2%	4.5%
Debtor days	35	89
Inventory days	570	383
Payable days	47	85
Cash conversion cycle (days)	558	387
Working capital days	230	214

Peers in Paper & Paper Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
JKPAPER	₹6,689 cr	20.2x	1.2x	5.9%	8.0%	12.9%	+3.2%	1.27%
WSTCSTPAPR	₹5,203 cr	22.6x	1.4x	6.5%	9.4%	11.5%	-4.5%	0.74%
SESHAPAPER	₹1,290 cr	13.0x	0.6x	4.9%	5.9%	6.5%	-6.3%	1.22%
ANDHRAPAP	₹1,279 cr	46.3x	0.7x	1.4%	2.4%	4.8%	-6.7%	1.56%
NRAIL	₹1,122 cr	18.1x	1.4x	7.8%	10.0%	9.7%	+6.7%	0.31%
TNPL	₹899 cr	3.4x	0.4x	11.8%	6.6%	10.6%	-3.6%	2.31%
PDMJEPAPER	₹807 cr	8.8x	1.2x	14.5%	18.3%	15.4%	+2.1%	0.71%
EMAMIPAP	₹685 cr	7.7x	1.2x	14.9%	14.7%	12.0%	-6.2%	2.12%
SATIA	₹625 cr	–	0.6x	-0.7%	3.6%	7.8%	-8.3%	0.32%
GRATEXI	₹5 cr	37.2x	1.3x	3.6%	5.4%	7.5%	+0.1%	–

All 40 companies in Paper & Paper Products →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Paper & Paper Products
Sub-industry	Paper & Paper Products
Symbol	GRATEXI
BSE code	526751
ISIN	INE915E01013
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.