GSB Finance

Who are the top shareholders of the GSB Finance?

The top shareholder of GSB Finance is Ramakant Sagarmal Biyani, holding 24.59%, while Trinity Realty And Fininvest Consultants Private Limited is the largest public shareholder at 2.43%. Individual investors own a total of 38.27%, with no mutual funds or foreign institutional investors currently holding shares.

The top shareholders of GSB Finance include the promoters, with Ramakant Sagarmal Biyani holding the highest share at 24.59%. Additionally, Trinity Realty And Fininvest Consultants Private Limited is the highest public shareholder, owning 2.43%. Individual investors collectively hold 38.27% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

Who are in the management team of GSB Finance?

As of March 2023, the management team of GSB Finance consists of R S Biyani (Executive Director & Managing Director), Suyash Biyani (Non-Executive Director), and Usha Patel (Independent Non-Executive Director). Each member contributes to the company's governance and strategic direction.

As of March 2023, the management team of GSB Finance includes the following individuals:<BR><BR>1. R S Biyani - Executive Director & Managing Director<BR>2. Suyash Biyani - Non-Executive Director / Chief<BR>3. Usha Patel - Independent Non-Executive Director<BR><BR>Each member plays a crucial role in the governance and strategic direction of the company.

Has GSB Finance declared dividend?

GSB Finance Ltd has declared a 2% dividend, amounting to 0.2 per share, with an ex-date of September 24, 2018. However, there has been no dividend return in recent periods, as indicated by a consistent 0% dividend return across all time frames.

GSB Finance Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.2<BR>- Ex-date: 24 Sep 18<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -10.23%, the dividend return was 0%, resulting in a total return of -10.23%.<BR><BR>For the 1-year period, the price return was 90.87%, the dividend return was 0%, leading to a total return of 90.87%.<BR><BR>Over the 2-year period, the price return was 159.98%, with a dividend return of 0%, resulting in a total return of 159.98%.<BR><BR>In the 3-year period, the price return was 320.42%, the dividend return was 0%, giving a total return of 320.42%.<BR><BR>During the 4-year period, the price return was 104.38%, with a dividend return of 0%, resulting in a total return of 104.38%.<BR><BR>For the 5-year period, the price return was 198.83%, the dividend return was 0%, leading to a total return of 198.83%.<BR><BR>Overall, GSB Finance Ltd has declared a dividend, but it has not issued any dividends in the recent periods, as indicated by the 0% dividend return across all time frames. The total returns have varied significantly, particularly with a strong performance in the longer periods, suggesting potential growth despite the lack of recent dividends.

Who are the peers of the GSB Finance?

Peers of GSB Finance include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Sharp Investment, Mehta Integrat., Shyamkamal Inv, and NPR Finance. GSB Finance has the highest 1-year return at 93.62%, while it and NPR Finance show below-average growth and management risk.

Peers: The peers of GSB Finance are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Sharp Investment, Mehta Integrat., Shyamkamal Inv, and NPR Finance.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, and Muthoot Finance, while Average management risk is found at Jio Financial. Good management risk is noted at Shriram Finance, while Below Average management risk is present at Shyamkamal Inv, GSB Finance, and NPR Finance. Growth is Excellent at Jio Financial and Shyamkamal Inv, Good at Bajaj Finance and Cholaman.Inv.&Fn, and Average at Muthoot Finance. Below Average growth is seen at GSB Finance and NPR Finance. Capital Structure is Excellent at Bajaj Finance, Jio Financial, Shriram Finance, Muthoot Finance, and NPR Finance, while Good is noted at Cholaman.Inv.&Fn, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is GSB Finance at 93.62%, while the lowest is Jio Financial at -20.19%. GSB Finance's 1-year return is significantly higher than all its peers. Additionally, Sharp Investment, Mehta Integrat., and NPR Finance have negative six-month returns.

What is the technical trend for GSB Finance?

As of April 23, 2025, GSB Finance's technical trend is mildly bullish, supported by daily moving averages and monthly indicators, despite mixed signals from the MACD and Bollinger Bands.

As of 23 April 2025, the technical trend for GSB Finance has changed from bullish to mildly bullish. The weekly MACD is bearish, while the monthly MACD is bullish, indicating mixed signals. The weekly Bollinger Bands are mildly bearish, contrasting with the monthly bullish stance. Daily moving averages show a mildly bullish trend, which supports the overall mildly bullish outlook. The KST is bearish on a weekly basis but bullish monthly, further contributing to the mixed signals. The Dow Theory indicates a mildly bullish trend on the weekly chart with no trend on the monthly. Overall, the technical stance is mildly bullish, driven primarily by the daily moving averages and monthly indicators.

What does GSB Finance do?

GSB Finance Ltd is a micro-cap Non Banking Financial Company (NBFC) established in 1982, focused on providing financial services, investment, and trading in shares and securities. As of June 2025, it reported net sales of 3 Cr and a net profit of 1 Cr, with a market cap of INR 21 Cr.

Overview:<BR>GSB Finance Ltd is a Non Banking Financial Company (NBFC) in the micro-cap category, primarily engaged in providing financial services, investment, and trading in shares and securities.<BR><BR>History:<BR>GSB Finance Ltd was established in November 1982 and was previously known as Ravi Cement Ltd. The company shifted its focus to financial services and changed its name accordingly. The latest quarterly results reported net sales and net profit for June 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 3 Cr (Quarterly Results - Jun 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2025) <BR>Market Cap: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 21.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 4.52% <BR>Price to Book: 1.41 <BR><BR>Contact Details:<BR>Address: 815 Stock Exchange Tower, 8th Floor Dalal Street Mumbai Maharashtra : 400001 <BR>Email: gsb_capital@rediffmail.com/gsb203@g <BR>Website: http://www.gsbfinance.com

How big is GSB Finance?

As of 24th July, GSB Finance Ltd has a market capitalization of 18.00 Cr, with Net Sales of 1.76 Cr and a Net Profit of 0.65 Cr reported in the latest four quarters. Shareholder's Funds are 13.66 Cr and Total Assets amount to 14.14 Cr as of March 2024.

As of 24th July, GSB Finance Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, GSB Finance reported Net Sales of 1.76 Cr and a Net Profit of 0.65 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 13.66 Cr and Total Assets of 14.14 Cr.

How has been the historical performance of GSB Finance?

GSB Finance has experienced significant fluctuations in financial performance, with net sales declining from 6.86 Cr in Mar'19 to 1.78 Cr in Mar'25, although profitability metrics like profit after tax improved from a loss in Mar'21 to 0.72 Cr in Mar'25. Total assets and liabilities decreased, and cash flow from operations turned negative in Mar'25, indicating liquidity challenges.

Answer:<BR>The historical performance of GSB Finance shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>GSB Finance's net sales have seen a decline from 6.86 Cr in Mar'19 to 1.78 Cr in Mar'25, with a notable drop in Mar'23 to 3.25 Cr. Other operating income was non-existent in Mar'25, while it was 2.38 Cr in Mar'24. Total operating income peaked at 6.86 Cr in Mar'19 but fell to 1.78 Cr in Mar'25. The total expenditure, excluding depreciation, also decreased from 6.78 Cr in Mar'19 to 0.96 Cr in Mar'25. Operating profit, excluding other income, showed a recovery from 0.07 Cr in Mar'21 to 0.82 Cr in Mar'25, while profit before tax improved from 0.04 Cr in Mar'21 to 0.83 Cr in Mar'25. Profit after tax followed a similar trend, rising from a loss of -0.01 Cr in Mar'21 to 0.72 Cr in Mar'25. The company's earnings per share (EPS) increased from -0.02 in Mar'21 to 1.2 in Mar'25. On the balance sheet, total assets decreased from 18.78 Cr in Mar'23 to 14.69 Cr in Mar'25, while total liabilities also fell from 18.78 Cr to 14.69 Cr in the same period. Cash flow from operating activities was positive at 6.00 Cr in Mar'24 but dropped to 0.00 Cr in Mar'25, indicating a significant change in liquidity. Overall, GSB Finance has experienced a challenging financial landscape, with some recovery in profitability metrics in recent years.

Is GSB Finance overvalued or undervalued?

As of December 4, 2025, GSB Finance is considered overvalued with a very expensive valuation grade, reflected in its unfavorable financial metrics, including a PE ratio of -130.20 and an EV to EBITDA of -21.98, alongside poor stock performance of -24.28% year-to-date compared to the Sensex's 9.12% gain.

As of 4 December 2025, GSB Finance has moved from a risky to a very expensive valuation grade. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of -130.20, an EV to EBITDA of -21.98, and a Price to Book Value of 1.56. <BR><BR>When compared to peers, GSB Finance's valuation stands out unfavorably; for instance, Bajaj Finance has a PE ratio of 34.9 and an EV to EBITDA of 19.63, while Life Insurance boasts a PE of 10.85 and an EV to EBITDA of 8.92. Additionally, GSB Finance's recent stock performance has been poor, with a year-to-date return of -24.28%, contrasting sharply with the Sensex's gain of 9.12% during the same period, reinforcing the notion of overvaluation.

When is the next results date for GSB Finance Ltd?

The next results date for GSB Finance Ltd is 28 January 2026.

The next results date for GSB Finance Ltd is scheduled for 28 January 2026.

Are GSB Finance Ltd latest results good or bad?

GSB Finance Ltd's latest results show a significant recovery in net profit, improving from a loss to a profit of ₹0.18 crore, but ongoing revenue declines and underperformance compared to its sector raise concerns about long-term sustainability. Investors should be cautious due to these structural challenges.

GSB Finance Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.18 crore for Q3 FY26, a significant recovery from a loss of ₹0.30 crore in the previous quarter (Q2 FY26), marking a 160% improvement quarter-on-quarter. Additionally, the year-on-year growth in net profit is positive at 38.46%, up from ₹0.13 crore in Q3 FY25. The profit margins also show a remarkable turnaround, with a PAT margin of 58.06% and an operating margin of 48.39%, both of which are substantial improvements from the negative margins seen in the prior quarter.<BR><BR>However, these positive aspects are overshadowed by ongoing challenges. The company's net sales for Q3 FY26 were ₹0.31 crore, reflecting a decline of 3.13% from the previous quarter and a significant drop of 29.55% year-on-year. This persistent revenue decline raises concerns about the sustainability of the recent profit recovery. Furthermore, GSB Finance has underperformed compared to its sector, with a negative return of 6.26% over the past year, while the broader NBFC sector has seen gains.<BR><BR>Overall, while the recovery in profitability is a positive sign, the underlying issues related to revenue generation and operational scale suggest that the company's long-term outlook remains concerning. Investors should approach GSB Finance with caution, considering the structural challenges and the lack of institutional interest in the stock.

Should I buy, sell or hold GSB Finance Ltd?

Why is GSB Finance Ltd falling/rising?

As of 17-Mar, GSB Finance Ltd's stock price is at 32.22, down 0.86%, and has declined for three consecutive days, totaling a 3.96% drop. The stock is underperforming its sector and has seen a significant decrease in investor participation, indicating a bearish trend.

As of 17-Mar, GSB Finance Ltd's stock price is falling, currently at 32.22, reflecting a decrease of 0.28 or 0.86%. The stock has underperformed its sector by 1.66% today and has been on a consecutive decline for the last three days, resulting in a total drop of 3.96% during this period. Additionally, GSB Finance is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased significantly, with the delivery volume on 16 March dropping by 83.27% compared to the 5-day average, suggesting reduced interest in trading the stock. Over the past week, the stock has declined by 3.82%, which is worse than the Sensex's decline of 2.73%. Over the past month, GSB Finance has fallen by 13.80%, compared to an 8.84% decline in the Sensex. These factors collectively contribute to the stock's current downward trajectory.

Why is GSB Finance Ltd falling/rising?

As of 18-Mar, GSB Finance Ltd's stock price is rising to Rs 33.86, marking a 5.09% increase after four days of decline. This rise is supported by increased investor participation and relative outperformance against its sector, despite a negative performance over the past month and year.

As of 18-Mar, GSB Finance Ltd's stock price is rising, currently at Rs 33.86, reflecting a change of Rs 1.64 or 5.09% increase. This upward movement is notable as it comes after four consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 3.74% today, suggesting positive momentum relative to its peers.<BR><BR>Investor participation has also increased, with a delivery volume of 4.55k on 17 March, which is a significant rise of 311.53% compared to the 5-day average delivery volume. This surge in trading activity may indicate growing investor confidence in the stock. Furthermore, the stock's performance over the past week shows a gain of 0.92%, while the benchmark Sensex has declined by 0.21%, further supporting the stock's relative strength.<BR><BR>Despite a negative performance over the past month and year, where the stock has decreased by 6.93% and 8.95% respectively, the year-to-date performance shows a positive return of 4.18%, contrasting with the Sensex's decline of 9.99%. This longer-term perspective may also contribute to the current rise in stock price as investors look for recovery potential.<BR><BR>Overall, the combination of a trend reversal after previous declines, increased investor participation, and relative outperformance against the sector are key factors contributing to the rise in GSB Finance Ltd's stock price.

Why is GSB Finance Ltd falling/rising?

As of 19-Mar, GSB Finance Ltd's stock price is rising to 35.00, reflecting a 3.37% increase. This rise is driven by strong relative performance, increased investor interest, and resilience despite initial losses.

As of 19-Mar, GSB Finance Ltd's stock price is rising, currently at 35.00, which reflects a change of 1.14 or 3.37% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 7.21%, indicating strong relative performance. Additionally, it has been gaining for the last two days, with an impressive return of 8.63% during this period.<BR><BR>Despite opening the day with a loss of 5.49%, the stock managed to reach an intraday high of Rs 35, showcasing resilience. The increase in investor participation is also notable, with a delivery volume on 18 March rising by 153.69% compared to the 5-day average, suggesting growing interest among investors.<BR><BR>Furthermore, the stock's performance over the past week shows a gain of 4.32%, contrasting sharply with the Sensex, which has declined by 2.40%. This positive trend in the short term, combined with the stock's higher performance relative to its moving averages, supports the notion that GSB Finance Ltd is experiencing a rise in its stock price.

Why is GSB Finance Ltd falling/rising?

As of 20-Mar, GSB Finance Ltd's stock price is Rs 31.52, down 9.81%, reflecting a bearish trend with significant volatility and decreased investor participation. The stock is trading below all major moving averages, indicating a lack of confidence among investors.

As of 20-Mar, GSB Finance Ltd's stock price is falling, currently at Rs 31.52, which represents a decrease of Rs 3.43 or 9.81%. This decline is evident in the stock's performance today, where it has underperformed its sector by 9.24%. The stock has also experienced a trend reversal, falling after two consecutive days of gains. <BR><BR>Intraday, the stock reached a low of Rs 31.52, indicating significant downward pressure. The trading activity shows that the stock has been highly volatile, with an intraday volatility of 5.14%. Additionally, GSB Finance is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume on March 19 falling by 81.17% compared to the 5-day average, indicating a lack of confidence among investors. Overall, these factors contribute to the stock's current decline.

Why is GSB Finance Ltd falling/rising?

As of 23-Mar, GSB Finance Ltd's stock price is currently at 32.50, reflecting a short-term rise of 1.56% but a longer-term decline of 14.47% over the past month. The stock is trading below its moving averages, indicating a downward trend, despite increased investor interest.

As of 23-Mar, GSB Finance Ltd's stock price is rising, currently at 32.50, with a change of 0.5, representing an increase of 1.56%. This rise is notable as it outperformed the sector by 5.36% today, indicating stronger performance relative to its peers. However, it is important to consider the broader context of the stock's performance. Over the past month, GSB Finance has seen a decline of 14.47%, while the benchmark Sensex has decreased by 12.72%. Year-to-date, the stock has not changed, contrasting with a significant drop of 14.70% in the Sensex.<BR><BR>Despite the current rise, GSB Finance is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a longer-term downward trend. Additionally, the finance/NBFC sector has experienced a decline of 3.81%, which may impact investor sentiment. However, there is a positive sign in the rising investor participation, with a 5.52% increase in delivery volume compared to the 5-day average, indicating growing interest in the stock. Overall, while GSB Finance Ltd is experiencing a short-term rise, the longer-term trends and sector performance present a mixed picture.

Why is GSB Finance Ltd falling/rising?

As of 24-Mar, GSB Finance Ltd's stock price is at Rs 29.50, reflecting a 9.23% decrease. The stock has underperformed significantly over various time frames and shows bearish trends, compounded by low liquidity and selling pressure.

As of 24-Mar, GSB Finance Ltd's stock price is falling, currently at Rs 29.50, which reflects a decrease of Rs 3.0 or 9.23%. This decline is evident in the stock's performance today, where it underperformed the sector by 11.55% and opened with a loss of 4.62%. The stock reached an intraday low of Rs 29.5, matching its current price, indicating significant selling pressure.<BR><BR>Over the past week, the stock has decreased by 8.44%, and its performance over the last month shows a substantial drop of 22.37%. Year-to-date, the stock is down 9.23%, while it has also underperformed over the past year with a decline of 17.11%. In contrast, the broader market, represented by the Sensex, has only decreased by 5.02% over the same period.<BR><BR>Additionally, GSB Finance Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend. The stock's liquidity appears to be a concern as well, with a significant drop in delivery volume, falling by 96.37% compared to the 5-day average. This lack of investor participation further contributes to the downward pressure on the stock price. Overall, these factors collectively explain the decline in GSB Finance Ltd's stock price.

Why is GSB Finance Ltd falling/rising?

As of 25-Mar, GSB Finance Ltd's stock price is rising to Rs 32.51, up 9.98% today, despite recent declines of -3.99% over the past week and -14.45% over the month, indicating a complex situation with lower investor participation.

As of 25-Mar, GSB Finance Ltd's stock price is rising, currently at Rs 32.51, reflecting a change of 2.95 (9.98%) upward. This increase is notable as the stock opened with a gain of 8.09% today, indicating strong initial investor interest. Furthermore, the stock has outperformed its sector by 7.06%, suggesting that it is gaining traction relative to other companies in the Finance/NBFC sector, which has seen an overall increase of 2.93%.<BR><BR>Despite this positive movement today, it's important to note that GSB Finance Ltd has experienced a decline over the past week and month, with returns of -3.99% and -14.45%, respectively. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend. However, the significant rise today could be attributed to a short-term recovery or positive sentiment among investors, even as overall participation appears to be declining, with delivery volume falling by -98.95% against the 5-day average.<BR><BR>In summary, while GSB Finance Ltd is experiencing a rise in stock price today, this is juxtaposed against a backdrop of recent declines and lower investor participation, highlighting a complex situation for the stock.

Which are the latest news on GSB Finance?