IPO Plus

₹21.26

■ +0 +0.00%

10 Sept 2026

BSE Listed

GSM · GSM 0
What does GSM · GSM 0 mean?
BSE · Graded Surveillance Measure (GSM 0)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-07-13

Gratex Industries Ltd. (526751)

Volume: 0Avg Vol 1W: 138Avg Vol 1M: 1,07452W Range:₹16.47₹28.06
BSE www.gratex.in AI Report
Key Ratios
Checked 1h ago
Market Cap₹6 Cr
Current Price₹21.26
Previous Close₹21.26
High / Low (52w)₹28.06 / ₹16.47
Volume0
Avg Vol (1W)138
Avg Vol (1M)1,074
Stock P/E48.32
Book Value₹12.37
Dividend Yield0%
ROE293.62%
ROA295.98%
Revenue (TTM)—
Revenue Growth—
Profit Margin303.03%
Total Debt—
Shares Outstanding0 Cr
Face Value—
EPS (TTM)₹0.44
P/B1.72
Debt / Equity0.03
50 DMA₹24.88
200 DMA₹21.42
Day change+0.00%
SurveillanceGSM · GSM 0
Price Chart
₹21.26▲ 7.43% · 1Y
₹27₹1610K
2025-09-10
2026-09-10

20-day avg volume: 1K shares

Pros
  • Healthy return on equity of 293.6%.
  • Company is almost debt-free.
  • Revenue grew 14% YoY.
  • Net profit is growing year over year.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹3 Cr₹3 Cr₹2 Cr₹3 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS0.250.530.080.330.620.310.240.36
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹3 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹5 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹1 Cr
Equity₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹4 Cr₹4 Cr₹4 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Free Cash Flow₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Shareholding
Promoter 61.91% Institutions 0% Public 38.09%
Efficiency & Working Capital
ROCE4.5%
Interest Coverage17
Dividend Payout—
Debtor Days89 d
Inventory Days187 d
Payable Days41 d
Cash Conversion Cycle234 d
Working Capital Days276 d
Shareholding Details

As of 2026-06-30

Promoter61.9%
FII0%
DII0%
Institutions0%
Public38.1%
Promoter Pledge0%
No. of Shareholders3,716
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters61.9%61.9%61.9%61.9%61.9%61.9%61.9%61.9%61.9%61.9%61.9%61.9%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public38.1%38.1%38.1%38.1%38.1%38.1%38.1%38.1%38.1%38.1%38.1%38.1%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders3,7093,7413,7513,7713,7603,7583,7603,7763,7653,7523,7343,716
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Baldevkrishan SharmaShareholding of Promoter and Promoter Group46.9%14,23,159
Promila SharmaShareholding of Promoter and Promoter Group9.6%2,90,100
Mona Pratap MenonShareholding of Promoter and Promoter Group4.5%1,37,900
Surekha Mahendra KhetaniPublic Shareholding1.6%49,500
Kundanlal WasanPublic Shareholding1.3%40,100
Karan SharmaShareholding of Promoter and Promoter Group0.9%27,600
Pratap Ramankutty MenonShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Baldevkrishan SharmaChairman & Non Executive Dir.2025
Karan B SharmaED / MD / Promoter2025
Mona MenonNon-Exec & Non-Independent Dir2025
Prashant SawantIndependent Non Exe. Director2025
Akanksha BectorIndependent Non Exe. Director2025
Neha AroraCompany Sec. & Compli. Officer2025
Segments — Geography
RegionRevenueShare
Country of domicile (India)₹4 Cr100%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10433
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-07Board Meetings—
forthcoming—Book ClosureAGM
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026000066
2026000022
2026000044
Company Information
Incorporated1984
ChairmanBaldevkrishan Sharma
AuditorHarshal Doshi & Associates.
Investor Email[email protected], [email protected]
🌐 www.gratex.in ↗

📍 109 Kakad Udyog Bhavan, L J Road Mahim, Mumbai, Maharashtra, 400016

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