Gratex Industries Ltd Stock Price Today (NSE: GRATEXI)

Gratex Industries Ltd

25.71+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Gratex Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Gratex Industries Ltd share price today is 25.71, up +0.00% on NSE/BSE as of 23 June 2026. Gratex Industries Ltd (GRATEXI) is a Small-cap company in the Paper & Paper Products sector with a market capitalisation of 5.76 (Cr). The 52-week high for GRATEXI share price is 26.46 and the 52-week low is 16.18. At a P/E ratio of 52.34x, GRATEXI is currently trading above its industry average P/E of 15.36x. The company has a Return on Equity (ROE) of 2.52% and a debt-to-equity ratio of 0.01.

Gratex Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
26.46
Low
19.97
Volume
409.44444444444446
Change
+17.22%

Gratex Industries Ltd share price chart: 17.22% return over the past month. 52-week high ₹26.46, 52-week low ₹16.18.

Gratex Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
25.7125.7125.7125.710.00 (Cr)
25.7125.7125.7125.71388.00 (Cr)
24.5024.5024.5024.500.00 (Cr)
24.5024.5024.5024.500.00 (Cr)
24.5024.5024.5024.500.00 (Cr)
24.5024.5024.5024.500.00 (Cr)
26.4626.4624.0524.501.02K (Cr)
25.2025.2025.2025.20981.00 (Cr)
24.0024.6323.9924.00610.00 (Cr)
23.4623.4623.4623.46151.00 (Cr)

Gratex Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
25.7125.7125.7125.71+0.00%
21.3826.4621.3225.71+20.25%
17.3621.3517.3621.28+22.58%
17.2817.3617.2817.36+0.46%
17.1018.1816.5018.18+6.32%
16.4718.2116.4717.99+9.23%
19.4819.9516.6316.63-14.63%
21.9321.9318.2519.57-10.76%
20.6423.5419.0321.93+6.25%
20.6721.7019.3820.64-0.15%
18.6819.6916.1819.69+5.41%
17.9921.7117.2318.59+3.34%

AI Research Briefing

Powered by Gemini · 2026-04-08

Gratex is a micro-cap wallpaper play trading at nosebleed valuations with zero earnings momentum; avoid before the inevitable crash.

Research Confidence
8.0/10High
MICRO-CAP DARK HORSEBreakdown. 1M: -13.36%, 3M: -9.52%, 6M: -23.08%Expensive (P/E 52.34x vs Industry 15.36x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

Gratex Industries announced the non-applicability of the Annual Secretarial Compliance Report for FY26. The trading window is locked in anticipation of FY26 results.

CORE STORY (THE REAL GAME)

Micro-cap wallpaper play. Market is likely pricing a turnaround/growth story based on customized wallpaper segment and online store, despite weak financials.

Why Now
  • Small-cap momentum
  • Low Debt/Equity
  • Online store optionality
Potential Catalysts
  • Strong earnings beat
  • Significant order wins
  • Acquisition by larger player
Key Risks
  • Micro-cap illiquidity
  • Negative Profit CAGR
  • Overvaluation (P/E 52.34x vs Industry 15.36x)
Institutional Activity

Promoter holding steady at 61.91%. No FII/DII interest.

Macro Context

Paper & Paper Products sector is mixed; South India Paper Mills showing improved valuation.

Cash Flow Quality

Poor. Free Cash Flow 5Y: ₹0.12 Cr

3–6 Month Outlook

Expect continued volatility. Growth story unlikely to materialize given historical performance. Downside risk is substantial.

Primary Thesis Risk

Lack of liquidity and overvaluation makes this stock highly vulnerable to a correction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.52%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.85%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

8.12%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Gratex Industries Ltd Valuation Check

Poor

Price to Earnings (P/E)

52.34x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

15.36x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

61.91%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Profit Growth (Quarterly YoY)

N/A

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

6.73%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

1.56%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-10.87%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-10.87%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.01x

Total debt ÷ equity. Below 0.5 = financially healthy

Interest Coverage Ratio

N/A

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

0.12 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Gratex Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GRATEXI across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Conservative Debt Levels (D/E: 0.01)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (61.91%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (2.52%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.85%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 52.34x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Growth History (1.56% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (-10.87% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-10.87% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Gratex Industries Ltd vs Paper & Paper Products Peers

Peer Comparison - Paper & Paper Products

Compare Gratex Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
16.3/100
26
₹5.76
52.3
Average
2.52%
Poor
3.85%
Poor
0.0
Excellent
-10.87%
Poor
1.56%
Average
0.00%
6.3/100
1253
₹19780.17
-2.45%
Poor
-0.16%
Poor
1.4
Average
-18.66%
Poor
0.11%
Jk Paper Ltd...
JKPAPER532162
34.5/100
382
₹6162.84
20.7
Average
7.04%
Poor
8.63%
Poor
0.4
Excellent
-4.38%
Poor
17.03%
Excellent
1.37%
33/100
476
₹2807.42
15.6
Average
9.49%
Poor
11.47%
Average
0.1
Excellent
-2.98%
Poor
10.26%
Good
1.18%
28.2/100
237
₹1513.20
18.6
Average
5.60%
Poor
7.04%
Poor
0.0
Excellent
-9.68%
Poor
8.18%
Good
1.04%
22.3/100
63
₹1342.67
65.3
Average
3.07%
Poor
4.50%
Poor
0.1
Excellent
-22.73%
Poor
3.95%
Average
1.48%
25.1/100
150
₹994.42
-0.14%
Poor
5.54%
Poor
0.9
Good
5.29%
Good
2.09%
55.6/100
83
₹967.07
10.6
Average
16.74%
Good
22.35%
Excellent
0.0
Excellent
26.98%
Excellent
6.00%
Good
0.59%
36.7/100
77
₹833.98
12.8
Average
10.07%
Average
11.36%
Average
0.6
Good
10.35%
Good
8.25%
Good
3.12%
2.1/100
455
₹789.36
32.5
Average
2.35%
Poor
5.62%
Poor
0.9
Good
-31.16%
Poor
3.38%
Average
0.43%
39.3/100
59
₹678.59
10.9
Average
11.89%
Average
10.30%
Average
0.3
Excellent
5.09%
Good
13.23%
Good
0.59%

Gratex Industries Ltd PE Ratio History

Historical price-to-earnings ratio for GRATEXI — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.31₹26.2284.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Gratex Industries Ltd Quarterly Performance

Latest quarterly metrics for GRATEXI — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

6.73%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

N/A

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

1.56%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-10.87%

Compounded annual net profit growth over 5 years

Gratex Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for GRATEXI — calculated from daily price history

73RSI 14
Overbought — RSI 73

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
19
▲ Price above SMA 50 — Short-term bullish
30-Day Avg Volume
0K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Gratex Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Gratex Industries Ltd (GRATEXI) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Gratex Industries Ltd

About GRATEXI (Gratex Industries Ltd)

Gratex Industries Ltd is a dynamic and innovative force within the Indian paper and paper products sector, specializing in the creation and distribution of an extensive range of de...corative and functional paper-based goods. Beyond the conventional, Gratex has carved a niche for itself by expertly blending artistic design with practical applications. The company meticulously crafts a diverse portfolio of products, catering to both residential and commercial markets. This includes exquisitely designed wallpapers, eye-catching wall posters, precisely engineered profiles, and informative catalogues, all reflecting a commitment to quality and aesthetic appeal. Gratex's dedication to innovation ensures its products are not just visually pleasing but also meet the evolving needs of modern interiors. At the heart of Gratex's product line lies its bespoke wallpaper service, a testament to the company's adaptability and customer-centric approach. Recognizing the power of personalization, Gratex offers an impressive array of customized wallpaper options, allowing customers to transform their spaces with unique and expressive designs. Whether seeking serene spiritual imagery, vibrant 3D effects, tranquil nature scenes, playful themes for children, artistic paintings, thought-provoking abstracts, representations of iconic monuments, or sleek corporate aesthetics, Gratex delivers solutions tailored to individual preferences. This extensive selection, alongside designs featuring animals, cityscapes, and even mesmerizing aquarium scenes, allows for unparalleled creative freedom in interior design. Gratex Industries Ltd extends its reach and accessibility through its dedicated online store, offering a seamless and convenient platform for customers to explore its vast collection of designer wallpapers. This digital storefront not only showcases the company's diverse range of products but also provides a user-friendly experience, enabling customers to browse, select, and customize their desired wallpapers with ease. By embracing e-commerce, Gratex ensures that its innovative designs and high-quality products are readily available to a wider audience, solidifying its position as a forward-thinking and customer-focused leader in the paper and paper products industry.

Company Details

Symbol:GRATEXI
Industry:Paper & Paper Products
Sector:Paper & Paper Products

Key Leadership

Mr. Karan Baldevkrishan Sharma
MD & Executive Director
Ms. Mona Pratap Menon
CFO & Non-Executive Director
Ms. Neha Arora
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

GRATEXI Share Price: Frequently Asked Questions

What is the current share price of Gratex Industries Ltd?

Gratex Industries Ltd (GRATEXI) trades at ₹25.71 on NSE and BSE. Market cap ₹5.76 (Cr). Educational data only.

What is the P/E ratio of Gratex Industries Ltd?

Gratex Industries Ltd has a P/E of 52.34x vs industry average 15.36x.

What is the Bull Run score for Gratex Industries Ltd?

Gratex Industries Ltd has a Bull Run score of 16.3/100 based on 25+ financial parameters.

Does Gratex Industries Ltd pay dividends?

Gratex Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Gratex Industries Ltd?

Gratex Industries Ltd has ROE of 2.52%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Gratex Industries Ltd?

Gratex Industries Ltd has debt-to-equity of 0.01.

Is Gratex Industries Ltd a good investment?

Bull Run gives Gratex Industries Ltd a score of 16.3/100. This is not investment advice — consult a SEBI-registered advisor.