Guj. State Fin.

how big is Guj. State Fin.?

As of Jun 06, Gujarat State Financial Corporation has a market capitalization of 148.29 Cr, with recent net sales of 0.15 Cr and a net profit of -125.35 Cr, indicating significant financial challenges. Shareholder's funds are reported at -2,934.93 Cr against total assets of 206.24 Cr.

Market Cap: <BR>As of Jun 06, Gujarat State Financial Corporation has a market capitalization of 148.29 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, the company reported Net Sales of 0.15 Cr and a Net Profit of -125.35 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: <BR>This is Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at -2,934.93 Cr, while Total Assets amount to 206.24 Cr.

Has Guj. State Fin. declared dividend?

No Dividend History Available

Who are the peers of the Guj. State Fin.?

Peers of Guj. State Fin. include I R F C, Power Fin. Corp., REC Ltd, HUDCO, Indian Renewable, CreditAcc. Gram., IFCI, Muthoot Microfin, Tour. Fin. Corp., and Spandana Sphoort. Their management risk ranges from excellent to below average, with varying growth and capital structures, while Guj. State Fin.'s 1-year return is -38.53%, better than Muthoot Microfin's -40.46% but worse than IFCI's 8.80%.

Peers: The peers of Guj. State Fin. are I R F C, Power Fin.Corpn., REC Ltd, HUDCO, Indian Renewable, CreditAcc. Gram., IFCI, Muthoot Microfin, Tour. Fin. Corp., Spandana Sphoort.<BR><BR>Quality Snapshot: Excellent management risk is observed at Power Fin.Corpn. and REC Ltd, while Average management risk is found at I R F C, HUDCO, Indian Renewable, Muthoot Microfin, and Spandana Sphoort, and Below Average management risk is noted at IFCI and Tour. Fin. Corp. Good growth is seen at Indian Renewable and CreditAcc. Gram., while Average growth is present at Power Fin.Corpn., I R F C, HUDCO, Muthoot Microfin, and the rest, with Below Average growth at IFCI and Tour. Fin. Corp. Excellent capital structure is noted at HUDCO, CreditAcc. Gram., Muthoot Microfin, and Tour. Fin. Corp., while Good capital structure is found at REC Ltd and Indian Renewable, and Average capital structure is present at Power Fin.Corpn., I R F C, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IFCI at 8.80%, while Muthoot Microfin has the lowest at -40.46%. Guj. State Fin.'s 1-year return of -38.53% is better than Muthoot Microfin's but worse than IFCI's. Additionally, the six-month return is negative for Muthoot Microfin, Spandana Sphoort, and Guj. State Fin.

What is the technical trend for Guj. State Fin.?

As of May 5, 2025, Guj. State Fin. shows a mildly bearish trend overall, with mixed signals from key indicators like MACD, RSI, and Bollinger Bands, suggesting uncertainty in market direction.

As of 5 May 2025, the technical trend for Guj. State Fin. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, indicating potential upward momentum over a longer time frame. However, the Bollinger Bands are bearish on both weekly and monthly charts, which is a negative indicator. Daily moving averages are mildly bearish, reinforcing the overall cautious outlook. The KST is mildly bullish weekly but mildly bearish monthly, adding to the mixed sentiment. Dow Theory shows a mildly bullish trend on the weekly but no trend on the monthly, indicating uncertainty. Overall, the current technical stance is mildly bearish, with key indicators reflecting a lack of strong conviction in either direction.

Who are in the management team of Guj. State Fin.?

As of March 2023, the management team of Guj. State Fin. includes Raveendran Nair (Company Secretary), Sanjay Gupta and Akash Pawar (Nominees from SIDBI), Ankita R Christian and Leena Katdare (Government Nominees), Sanjeev Mehta (Nominee from LIC), and Sandip J Sagale (Managing Director). These individuals oversee the company's governance and operations.

As of March 2023, the management team of Guj. State Fin. includes the following individuals:<BR><BR>1. Raveendran Nair - Company Secretary & Compliance Officer<BR>2. Ankita R Christian - Nominee (Government)<BR>3. Sanjay Gupta - Nominee (SIDBI)<BR>4. Leena Katdare - Nominee (Government)<BR>5. Sanjeev Mehta - Nominee (LIC)<BR>6. Akash Pawar - Nominee (SIDBI)<BR>7. Sandip J Sagale - Managing Director<BR><BR>These members play various roles within the organization, contributing to its governance and operational oversight.

What does Guj. State Fin. do?

Gujarat State Financial Corporation (GSFC) provides financial assistance to small and medium enterprises in Gujarat. Established in 1960, it reported net sales of 2 Cr and a net loss of 310 Cr for the quarter ending March 2025.

Overview:<BR>Gujarat State Financial Corporation (GSFC) provides financial assistance to small and medium scale industrial and service sector units in Gujarat and operates within the finance industry as a micro-cap company.<BR><BR>History:<BR>Established on 1st May 1960, GSFC is the second state-level developmental institution to go public after Haryana Financial Corporation. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 2 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -310 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 136 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.22 <BR>Return on Equity: 4.16% <BR>Price to Book: -0.05 <BR><BR>Contact Details:<BR>Address: Sector-11 GH 4 Udyog Bhavan, 1st Floor Block No 10 Gandhinagar Gujarat : 382011 <BR>Tel: 91-79-23256761-66/23256772-74 <BR>Email: webmaster-gsfc@gujarat.gov.in <BR>Website: http://www.gsfc.gujarat.gov.in

Who are the top shareholders of the Guj. State Fin.?

The top shareholder of Guj. State Fin. is H.e. The Governor Of Gujarat, holding 55.09%. The Central Bank Of India is the largest public shareholder at 1.12%, with individual investors owning 8.65%.

The top shareholders of Guj. State Fin. are primarily the promoters, with H.e. The Governor Of Gujarat holding the largest stake at 55.09%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is the Central Bank Of India, which holds 1.12%. Additionally, individual investors collectively own 8.65% of the company.

When is the next results date for Guj. State Fin.?

The next results date for Guj. State Fin. is 13 August 2025.

The next results date for Guj. State Fin. is scheduled for 13 August 2025.

How has been the historical performance of Guj. State Fin.?

Guj. State Fin. has experienced a significant decline in net sales, dropping from 4.66 Cr in March 2024 to 0.14 Cr in March 2025, alongside increasing losses, with a profit after tax of -125.34 Cr in March 2025. The company's financial metrics indicate a challenging operational environment, marked by rising expenditures and negative cash flow.

Answer:<BR>The historical performance of Guj. State Fin. shows a declining trend in net sales and increasing losses over the years.<BR><BR>Breakdown:<BR>Guj. State Fin. reported net sales of 0.14 Cr in March 2025, a significant drop from 4.66 Cr in March 2024 and 0.55 Cr in March 2023. The total operating income mirrored this decline, falling to 0.14 Cr in March 2025 from 4.66 Cr in the previous year. Total expenditure, excluding depreciation, increased to 142.59 Cr in March 2025 from 140.70 Cr in March 2024, contributing to an operating profit (PBDIT) of -127.24 Cr in March 2025, worsening from -122.97 Cr in March 2024. Interest expenses also rose to 139.34 Cr in March 2025, up from 137.48 Cr in March 2024. Consequently, the profit before tax was -125.34 Cr in March 2025, compared to -119.21 Cr in March 2024, and the profit after tax followed suit at -125.34 Cr. The company's reserves continued to decline, reaching -3,154.31 Cr in March 2025 from -3,028.65 Cr in March 2024. Cash flow from operating activities remained negative at -13.00 Cr in March 2025, while cash and cash equivalents stood at 1.00 Cr, unchanged from the previous year. Overall, the financial metrics indicate a challenging operational environment for Guj. State Fin. with increasing losses and declining revenues.

Is Guj. State Fin. overvalued or undervalued?

As of December 4, 2025, Guj. State Fin. is considered undervalued with an attractive valuation grade despite negative key ratios, having underperformed the Sensex by 50.60% over the past year.

As of 4 December 2025, the valuation grade for Guj. State Fin. has moved from risky to attractive. Based on the analysis, the company appears to be undervalued. Key ratios include a PE ratio of -0.78, an EV to EBIT of -215.92, and an EV to Sales of -760.02, which indicate significant challenges in profitability and valuation metrics.<BR><BR>When compared to peers, Guj. State Fin. stands out with its attractive valuation despite negative ratios, while Bajaj Finance is classified as very expensive with a PE ratio of 34.9, and Life Insurance is very attractive with a PE ratio of 10.85. The recent stock performance shows that Guj. State Fin. has underperformed the Sensex over the past year, with a decline of 50.60% compared to the Sensex's 5.32% gain, reinforcing the notion of its undervaluation in the current market context.

Are Gujarat State Financial Corporation latest results good or bad?

The latest results for Gujarat State Financial Corporation are concerning, showing a net loss of ₹31.93 crores and zero net sales, indicating severe financial distress. With a significant interest burden and a shareholder deficit exceeding ₹3,060 crores, the outlook for the company appears bleak.

The latest results for Gujarat State Financial Corporation (GSFC) are quite concerning. In Q3 FY26, the company reported a net loss of ₹31.93 crores, which is only a slight improvement from the previous quarter but still reflects ongoing financial distress. Notably, net sales have dropped to zero, indicating a complete cessation of operational activities. This is a catastrophic decline from the minimal sales recorded in previous quarters.<BR><BR>The interest burden remains significant at ₹35.65 crores, far exceeding any operational income, leading to a very low interest coverage ratio. Additionally, the company's balance sheet shows a staggering shareholder deficit of over ₹3,060 crores, which highlights the severe erosion of equity.<BR><BR>Overall, GSFC's financial performance indicates a downward spiral with no clear path to recovery. The stock has been under severe pressure, declining 38.19% over the past year, and it currently trades below all key moving averages, reflecting a bearish technical trend. Given these factors, the results can be characterized as bad, and the outlook for the company appears bleak.

Should I buy, sell or hold Gujarat State Financial Corporation?

Why is Gujarat State Financial Corporation falling/rising?

As of 17-Mar, the stock price of Gujarat State Financial Corporation is declining, currently at Rs 10.40, reflecting a broader bearish trend with significant losses over the past year and reduced investor participation. The stock is trading near its 52-week low and below all major moving averages, indicating ongoing weakness.

As of 17-Mar, the stock price of Gujarat State Financial Corporation is falling, currently at Rs 10.40, which reflects a decrease of Rs 0.24 or 2.26%. This decline is part of a broader trend, as the stock has been underperforming in recent periods, with a 5.37% drop over the past week and an 8.21% decline over the last month. Year-to-date, the stock has decreased by 11.49%, contrasting with a slight decline of 10.74% in the benchmark Sensex.<BR><BR>Additionally, the stock is trading close to its 52-week low, being only 3.75% away from Rs 10.01. It has also shown consecutive losses over the last two days, contributing to a significant overall decline of 36.16% over the past year, while the Sensex has gained 2.56% in the same timeframe. The stock is currently trading below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, with a delivery volume of 3.49k on March 16, which is down by 52.21% compared to the 5-day average. This reduction in trading activity suggests a lack of confidence among investors, further contributing to the stock's downward movement. Overall, these factors collectively explain the falling price of Gujarat State Financial Corporation.

Why is Gujarat State Financial Corporation falling/rising?

As of 18-Mar, the stock price of Gujarat State Financial Corporation is currently at Rs 10.30, showing a slight increase today after previous declines, but it remains underperforming compared to its sector and has significantly dropped over the past year. Despite a rise in investor participation, the stock is still trading below all its moving averages, indicating a bearish trend.

As of 18-Mar, the stock price of Gujarat State Financial Corporation is rising, currently at Rs 10.30, with a change of Rs 0.04, which represents an increase of 0.39%. This rise comes after two consecutive days of decline, indicating a potential trend reversal. Despite this positive movement today, the stock has been underperforming relative to the sector, with a performance today that is 0.96% lower than its peers.<BR><BR>Additionally, the stock is currently trading 2.82% above its 52-week low of Rs 10.01, suggesting that it is still close to this low point. Over the past week, the stock has decreased by 3.65%, and over the past month, it has fallen by 8.61%. Year-to-date, the stock has declined by 12.34%, and over the past year, it has experienced a significant drop of 36.46%, contrasting sharply with the Sensex, which has gained 1.86% in the same period.<BR><BR>On a more positive note, there has been a notable increase in investor participation, with delivery volume on 17 March rising by 177.28% compared to the 5-day average. However, the stock is trading below all its moving averages, indicating a bearish trend in the longer term. Overall, while there is a slight rise in price today, the broader context shows a challenging performance for Gujarat State Financial Corporation.

Why is Gujarat State Financial Corporation falling/rising?

As of 19-Mar, the stock price of Gujarat State Financial Corporation is declining, currently at Rs. 10.01, reflecting a 2.82% drop. The stock has reached a new 52-week low and is trading below its moving averages, indicating a bearish trend amid decreased investor participation.

As of 19-Mar, the stock price of Gujarat State Financial Corporation is falling, currently at Rs. 10.01, which reflects a decrease of Rs. 0.29 or 2.82%. This decline is evidenced by the stock's performance over various periods, showing a 1-week drop of 7.91%, a 1-month decrease of 10.30%, and a year-to-date decline of 14.81%. Additionally, the stock has reached a new 52-week low of Rs. 9.52 today.<BR><BR>The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, investor participation has decreased significantly, with delivery volume falling by 50.06% compared to the 5-day average. The finance/NBFC sector has also experienced a downturn, with a decline of 3.85%. These factors collectively contribute to the falling stock price of Gujarat State Financial Corporation.

Why is Gujarat State Financial Corporation falling/rising?

As of 20-Mar, the stock price of Gujarat State Financial Corporation is at 10.05, reflecting a decline of -0.3%. The stock has consistently underperformed against the Sensex and is trading below its moving averages, indicating a bearish trend and reduced investor interest.

As of 20-Mar, the stock price of Gujarat State Financial Corporation is falling, currently at 10.05, which reflects a change of -0.03 or -0.3%. The stock has been on a downward trend, having lost value for the last two consecutive days, resulting in a total decline of -2.43% during this period. <BR><BR>In terms of performance metrics, the stock has underperformed significantly compared to the benchmark Sensex over various time frames, including a -38.00% decline over the past year, while the Sensex has only decreased by -2.38%. Additionally, the stock has shown negative returns of -10.27% over the past month and -14.47% year-to-date, indicating a consistent downward trajectory.<BR><BR>Moreover, the stock is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also decreased, with delivery volume dropping by -17.05% compared to the 5-day average, suggesting reduced interest in trading the stock. <BR><BR>Overall, these factors contribute to the falling price of Gujarat State Financial Corporation.

Why is Gujarat State Financial Corporation falling/rising?

As of 23-Mar, the stock price of Gujarat State Financial Corporation is declining, currently at 9.77, reflecting a drop of -2.88%. The stock has underperformed significantly over the past year, with a decline of -40.28%, and is trading below all major moving averages, indicating a bearish trend.

As of 23-Mar, the stock price of Gujarat State Financial Corporation is falling, currently at 9.77, which reflects a change of -0.29 or -2.88%. The stock has been on a downward trend, having lost value for the last three days, resulting in a total decline of -5.15% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the broader context, the stock has underperformed compared to the Sensex, with a year-to-date decline of -16.85% against the Sensex's -14.70%. Over the past year, the stock has fallen significantly by -40.28%, while the Sensex has only decreased by -5.47%. This underperformance is compounded by the overall decline in the finance/NBFC sector, which has fallen by -3.81%.<BR><BR>Despite a slight increase in investor participation, with delivery volume rising by 2.27% against the 5-day average, the stock remains close to its 52-week low, just 2.56% away from Rs 9.52. These factors collectively contribute to the ongoing decline in the stock price of Gujarat State Financial Corporation.

Why is Gujarat State Financial Corporation falling/rising?

As of 24-Mar, the stock price of Gujarat State Financial Corporation is currently Rs 9.75, reflecting a 0.2% decline and a total drop of 5.34% over the last four days. The stock has underperformed its sector and is trading below all moving averages, indicating a bearish trend.

As of 24-Mar, the stock price of Gujarat State Financial Corporation is falling, currently at Rs 9.75, which reflects a decrease of Rs 0.02 or 0.2%. This decline is part of a broader trend, as the stock has been losing value for the last four consecutive days, resulting in a total drop of 5.34% during this period. <BR><BR>In terms of performance relative to the market, the stock has underperformed its sector by 2.52% today, and over the past week, it has decreased by 4.97%, compared to a 2.63% decline in the Sensex. The stock's year-to-date performance shows a significant drop of 17.02%, which is worse than the Sensex's decline of 13.09%. Additionally, the stock is currently trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend.<BR><BR>Investor participation appears to be declining, with a delivery volume of 7.27k on 23 March, which is down by 0.28% compared to the 5-day average. Furthermore, the stock is close to its 52-week low, being only 2.36% away from Rs 9.52. Overall, these factors contribute to the ongoing decline in the stock price of Gujarat State Financial Corporation.

Why is Gujarat State Financial Corporation falling/rising?

As of 25-Mar, the stock price of Gujarat State Financial Corporation is currently at 10.28, reflecting a 5.22% increase today, driven by sector performance. However, it has declined 12.51% year-to-date and 40.30% over the past year, indicating that the recent rise may be a short-term reaction rather than a reversal of its longer-term downward trend.

As of 25-Mar, the stock price of Gujarat State Financial Corporation is rising, currently at 10.28, with a change of 0.51, which represents an increase of 5.22%. This rise can be attributed to its performance today, where it outperformed the sector by 2.3%, coinciding with a general gain in the Finance/NBFC sector, which increased by 2.93%. <BR><BR>Despite this positive movement today, the stock has shown a decline over various periods, including a year-to-date drop of 12.51% and a significant 40.30% decrease over the past year. However, the current price is higher than the 5-day moving average, indicating a short-term upward trend. <BR><BR>It is important to note that investor participation has fallen, with delivery volume decreasing by 60.79% compared to the 5-day average, which may indicate a lack of sustained interest. Nonetheless, the stock remains liquid enough for trading, based on its average traded value. Overall, the current rise in stock price appears to be a short-term reaction to sector performance rather than a reversal of its longer-term downward trend.

Which are the latest news on Guj. State Fin.?