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 11-May, the stock price of Gujarat State Financial Corporation is at 10.84, reflecting a 3.3% decline. The stock has underperformed against the Sensex and has fallen 27.97% over the past year, indicating a negative trend despite some short-term positive indicators.

As of 11-May, the stock price of Gujarat State Financial Corporation is falling, currently at 10.84, which reflects a decrease of 0.37 or 3.3%. This decline is part of a broader trend, as the stock has been underperforming relative to the benchmark Sensex, with a performance today that is 1.95% lower than its sector. Additionally, the stock has experienced consecutive falls over the last two days, resulting in a total decline of 5.91% during this period.<BR><BR>In terms of longer-term performance, the stock has shown a year-to-date decrease of 7.74%, which is better than the Sensex's decline of 10.80%, but still indicates a negative trend. Over the past year, the stock has fallen significantly by 27.97%, contrasting sharply with the Sensex's modest decline of 4.33%. <BR><BR>Despite some positive indicators, such as an increase in delivery volume by 38.27% on 07 May compared to the 5-day average, the stock remains lower than several moving averages, specifically the 5-day, 20-day, 100-day, and 200-day moving averages, which typically signal bearish sentiment. Overall, these factors contribute to the current downward movement in the stock price of Gujarat State Financial Corporation.

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