GSB Finance

Why is GSB Finance Ltd falling/rising?

As of 09-Jun, GSB Finance Ltd's stock price is Rs 38.72, reflecting a 10.34% increase. The stock has outperformed the Sensex significantly, with strong gains over various periods, although there has been a notable drop in investor participation.

As of 09-Jun, GSB Finance Ltd's stock price is rising, currently at Rs 38.72, reflecting a change of Rs 3.63 or 10.34% increase. This upward movement is supported by several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 17.33% compared to the Sensex's decline of 0.98%. Additionally, the stock has shown strong performance over longer periods, with a year-to-date increase of 19.14% and a remarkable 40.80% rise over the past year, while the Sensex has decreased by 13.26% and 10.34%, respectively.<BR><BR>Today, the stock opened with a gain of 3.16% and reached an intraday high of Rs 41.74, marking an increase of 18.95%. Despite high volatility, with an intraday volatility of 8.78%, the stock is trading above its moving averages across various time frames, indicating a strong bullish trend. However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 76.58% compared to the 5-day average. Despite this decline in participation, the overall performance and positive returns relative to the benchmark suggest that the stock is experiencing a rise in price.

Which are the latest news on GSB Finance?

Should I buy, sell or hold GSB Finance Ltd?

When is the next results date for GSB Finance Ltd?

The next results date for GSB Finance Ltd is 29 May 2026.

The next results date for GSB Finance Ltd is scheduled for 29 May 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.

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.

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.

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.

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

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.

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.