Guj. State Fin.

Why is Gujarat State Financial Corporation falling/rising?

As of 18-Aug, the stock price of Gujarat State Financial Corporation is declining, currently at 10.29, down 3.65%. It has underperformed its sector and the overall market significantly over the past year, indicating a consistent downward trend.

As of 18-Aug, the stock price of Gujarat State Financial Corporation is falling, currently at 10.29, reflecting a change of -0.39 or -3.65%. This decline is evident as the stock has underperformed its sector by 3.7% today. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend in its price performance.<BR><BR>Over the past year, the stock has seen a significant decline of 28.24%, compared to a smaller drop of 4.97% in the benchmark Sensex, suggesting that the stock is not only falling but doing so at a rate much higher than the overall market. Year-to-date, the stock has decreased by 12.43%, while the Sensex has fallen by 9.37%. <BR><BR>Despite a recent increase in investor participation, with a delivery volume rise of 14.68% against the 5-day average, the overall performance metrics indicate that the stock is struggling to gain traction in the market. Thus, the combination of underperformance relative to the sector, lower trading averages, and significant year-over-year declines contributes to the current falling price of Gujarat State Financial Corporation.

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

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

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).

The management team of Guj. State Fin. includes the following members:<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>If you need more information about any specific member or their roles, feel free to ask!

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 operates as a micro-cap company with a recent net profit of -20 Cr and a market cap of INR 93 Cr.

Overview: <BR>Gujarat State Financial Corporation (GSFC) provides financial assistance to small and medium scale industrial and service sector units in Gujarat, operating within the finance industry and classified 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 are for June 2026, showing a net profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -20 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 93 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.21 <BR>Return on Equity: 3.62% <BR>Price to Book: -0.03<BR><BR>Contact Details: <BR>Address: Sector-11 GH 4 Udyog Bhavan, 1st Floor Block No 10 Gandhinagar Gujarat : 382011 <BR>Phone: 91-79-23256761-66/23256772-74 <BR>Email: webmaster-gsfc@gujarat.gov.in <BR>Website: http://www.gsfc.gujarat.gov.in

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

Peers of Guj. State Fin. include HUDCO, Indian Renewable, CreditAcc. Gram., IFCI, Tour. Fin. Corp., Muthoot Microfin, Fusion Finance, Satin Creditcare, and Spandana Sphoort. Their management risks vary from excellent to below average, with IFCI showing the highest 1-year return at 43.60%, while Guj. State Fin. has a 1-year return of -27.20%.

Peers: The peers of Guj. State Fin. are HUDCO, Indian Renewable, CreditAcc. Gram., IFCI, Tour. Fin. Corp., Muthoot Microfin, Fusion Finance, Satin Creditcare, Spandana Sphoort.<BR><BR>Quality Snapshot: Excellent management risk is observed at CreditAcc. Gram., while Average management risk is found at HUDCO, Muthoot Microfin, Fusion Finance, and Spandana Sphoort, and the rest. Below Average management risk is noted at IFCI, Tour. Fin. Corp., and Satin Creditcare. Growth is rated as Good for Indian Renewable and CreditAcc. Gram., Average for HUDCO and IFCI, and Below Average for Muthoot Microfin, Fusion Finance, and Spandana Sphoort, and the rest. Capital Structure is Excellent for CreditAcc. Gram., IFCI, Tour. Fin. Corp., Muthoot Microfin, Fusion Finance, Satin Creditcare, and Spandana Sphoort, while Good is noted for HUDCO.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IFCI at 43.60%, while the lowest is Indian Renewable at -18.86%. Guj. State Fin.'s own 1-year return is -27.20%, which is lower than both. Additionally, peers with negative six-month returns include Guj. State Fin. and Spandana Sphoort.

How big is Guj. State Fin.?

As of 14th August, Gujarat State Financial Corporation has a market capitalization of 94.73 Cr and reported Net Sales of 4.13 Cr, with a Net Profit loss of 115.95 Cr over the latest four quarters. Shareholder's Funds are at a loss of 3,188.23 Cr, and Total Assets are valued at 233.61 Cr.

As of 14th August, Gujarat State Financial Corporation has a market capitalization of 94.73 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 4.13 Cr. However, it faced a loss of 115.95 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2026. Shareholder's Funds stand at a loss of 3,188.23 Cr, while Total Assets are valued at 233.61 Cr.

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

When is the next results date for Gujarat State Financial Corporation?

The next results date for Gujarat State Financial Corporation is 10 August 2026.

The next results date for Gujarat State Financial Corporation is scheduled for 10 August 2026.

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.

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.

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.

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.

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.

Has Guj. State Fin. declared dividend?

No Dividend History Available