Gretex Corporate Services Ltd · NSE:GCSL
Gretex Corporate Services — Q2 FY2026 Earnings Presentation
25 slides from Gretex Corporate Services's earnings presentation, Nov 14, 2025
Slide 1: Presentation for Analysts/Investors Earnings Call cover letter
GRETEX CORPORATE SERVICES LIMITED A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg, Near Indiabulls, Dadar (West), Mumbai – 400013 Website: www.gretexcorporate.com, Email ID: info@gretexgroup.com Contact No.: 02269308500 CIN: L74999MH2008PLC288128 Date: 14th November, 2025 To,
Slide 2: Gretex Corporate Services Limited
GRETEX CORPORATE SERVICES LIMITED
Slide 3: Disclaimer
This announcement presentation is for information only and does not constitute or form part of any offer or invitation to sell or issue or subscribe for, or any solicitation of any offer to acquire, any Rights Shares or to take up any entitlements to Rights Shares in any jurisdiction in which such a
Slide 4: One Vision, Multiple Strengths
ONE VISION, MULTIPLE STRENGTHS Combines merchant banking, broking, wealth services GCSL (Subsidiary with 67% stake) Associate Company Capital Markets & Corporate Gretex Shares Broking Ltd Gretex Industries Ltd Finance Advisory • SEBI Registered Stock Broker • Incorporated in 2009 • SEBI-registered M
Slide 5: IPO issues, funds raised and pipeline
IPO – 59 Issues Funds Raised Strong Pipeline City: Tier-1 - 55 & Tier-2 - 4 Total – ~Rs 1,337 cr SME – 57 SME – ~Rs 1,178 cr (BSE SME – 41, NSE Emerge – 16) Main Board – 1 (BSE, NSE) Main Board – ~Rs 132 cr FPO – 1 FPO – ~Rs 27 cr IPO Pipeline 21 MANDATES Private Placement – 08 Private Placement – R
Slide 6: DRHP filed issues
DRHP Filed – 7 Issues Total funds - ~Rs 460 cr Sectors 01 01 01 SSG Furnishing Solutions Ltd Brandman Retail Ltd Vama Woven Fab Ltd Home Décor Footwear Water & Waste water Treatment 01 01 01 Sureflow Techcon Ltd Sky Alloys & Power Ltd Shreyas Fabtech Ltd Plastic & Synthetic Steel Manufacturing Aviat
Slide 7: IPOs by sector
08 06 04 04 03 Real Estate & Infrastructure Industrial Products & Equipment Pharmaceuticals Packaging Textiles & Apparel 03 03 03 02 01 Auto & Auto ancillary IT and BPO Services Home Décor Chemical Manufacturing Hospitality 01 02 01 02 02 Event Management Financial Services Healthcare Coal & Consuma
Slide 8: Listed company performance since listing
Amic Forging Limited ▪ Listing date : Dec 06, 2023 ▪ Current Market Cap Rs. 1641Cr, 1142% since listing Kalyani Casttech limited ▪ Listing date : November 17, 2023 ▪ Current Market Cap Owais Metal & Minerals Rs. 390Cr, 290% since listing processing limited ▪ Listing date : March 04, 2024 ▪ Current M
Slide 9: Company journey and milestones
2008- 2010 2017 2020 2022 2024 • Top Volume • Listed on BSE SME • Total 58 IPOs till date Performer for in August 2021 (Including 1 Mainboard IPO) • Top Volume SME IPO for FY Mkt Cap – Rs 19.6 cr performer for 2018 – BSE • Migrated to Mainboard SME IPO Award Exchanges in Sep 2025 • Top Volume Perfor
Slide 10: One partner through the entire listing journey
Strong Specialization in SME & Emerging Companies Full-Stack Capital Markets Partner Gretex -one of more active players in Indian SME IPO ecosystem With proven experience in: • ₹10–50 crore IPOs → One relationship from pre-IPO to post- • Early-stage businesses scaling to public markets listing liqui
Slide 11: Healthy Indian capital markets, strong domestic flows
Healthy Indian capital markets, supported by strong domestic flows Growing AUM across institutional segments 23,519 24,611 22,327 INR Lakh Cr. 31st March 2022 30th Sep 2025 17,465 17,360 6.1 3.9 Mutual 37.6 2x 75.6 2.2 2.6 2.1 2.1 Fund PMS* 5.1 1.8x 9.2 -1.4 -0.4 -1.3 -0.4 FY22 FY23 FY24 FY25 H1FY26
Slide 12: Growth plans and fund raise target
Plans to launch PMS Plans to introduce PMS next Launching AIF Cat-III (refiling) year to enhance its wealth Re-file with stronger processes and risk offerings operations, enable treasury/alternatives products to deepen buy-side relationships. Listing Gretex Stock Broking Limited (GSBL) Plans to list
Slide 13: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 14: Total Income, EBITDA and PAT
In Rs. Cr Total Income EBITDA* & Margin PAT & Margin 20.0% 10.6% 29.0% 15.1% 4.2% 19.2% 1253% 717% 197% 96.3 19.3 19.6 14.6 67.4 2.4 12.9 1.0 22.7 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 • Strong performance led by increased IPO mandates and expansion in market-making operatio
Slide 15: Merchant Banking and Market Making & Broking
In Rs. Cr Q2 FY25 5.7 Q2 FY26 13.5 66.1 88.0 13.1 18.4 H1 FY25 H1 FY26 120.2 Merchant Banking 83.2 Market Making & Broking Business
Slide 16: Consolidated profit and loss statement
Particulars (In Rs. Cr.) Q2 FY26 Q1 FY26 QoQ Q2 FY25 YoY H1 FY26 H1 FY25 YoY Income from operations 79.6 22.0 261.9% 93.7 -15.1% 101.5 133.3 -23.8% Other income -12.2 0.7 2.6 -11.5 2.9 Total income 67.4 22.7 197.1% 96.3 -30.0% 90.0 136.2 -33.9% Cost of Materials Consumed 0.0 0.0 -0.1 0.0 1.5 Purchas
Slide 17: Consolidated balance sheet
Particulars Sep-25 Sept-24 Mar-25 Particulars Sep-25 Sept-24 Mar-25 ASSETS EQUITY AND LIABILITIES Non-Current Assets EQUITY Property, Plant & Equipment and Equity Share Capital 22.6 11.9 11.9 23.5 26.5 24.6 Intangible Other Equity 115.4 183.7 181.4 Goodwill on Consolidation 6.9 6.9 6.9 Non-Controlli
Slide 18: Leadership & Business Overview
LEADERSHIP & BUSINESS OVERVIEW
Slide 19: Alok, Arvind and Sumeet Harlalka
Alok Harlalka Arvind Harlalka Sumeet Harlalka Managing Director, Chief Financial Officer Whole-Time Director Whole-Time Director • Driving force behind the company, having more than • 32 years of experience in the field of accounts, • 23 years of experience in the field of Foreign Exchange 28 years
Slide 20: Senior management team
Deepak Shah Robin A Jain Pradip Agarwal Navdeep Nigam Bhavna Desai Director of Sales Operations Leader President - FRA CSO & CMO – Gretex Group CS & Compliance Officer – Gretex Group • Two decades in capital • 10+ yrs in finance & • FCA, CS, DISA; corporate finance, • 15+ years driving business and
Slide 21: Awards and recognitions
NSE (Emerge): Felicitated as Top BSE: Recognized for Distinguished SEBI: Accredited Category-I Merchant AIBI: Commendation as Emerging Leader in Performing Merchant Banker in the SME Contribution to Enabling SME & Startup Banker (governance & compliance SME Merchant Banking. segment. Listings. leade
Slide 22: Services offered
CAPITAL MARKET • IPO • De-Listing COMPLIANCE ADVISORY • Open Offer • Compliance Health Check • Exit Offer • Statutory Compliances and • Rights Issue • Secretarial Support Services • Preferential Allotment • Buy Back • QIP CORPORATE ESOP ADVISORY RESTRUCTURING • ESOP / Sweat Equity • Mergers SERVICES
Slide 23: Market making benefits
Market Confidence Market Visibility GSBL* being a reputable and established market- Drawing attention from traders, investors, maker instill confidence in traders & investors as it and analysts, leading to increased stock indicates a commitment to market stability and coverage & traction integrity L
Slide 24: Some of our prestigious clients
SOME OF OUR PRESTIGIOUS CLIENTS crite ™, °, . : a . @ XEMPK — wTaurian’ves @ Are (a) @ Paria Eee. Silky &. Limited & BS Markolines Pl atin nS '@) OLA IN x Chamong trans Teel” > i - a " GF . AM Wy, Anuroop Aeamrimcone® Sailani ‘J ixe) AMIC “ees OMMPI > , 6 SHREYAS NEIL 7 K JASH DEALMARK M vx FabTech
Slide 25: Thank You
Thank You
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