Guj. State Fin.

Why is Gujarat State Financial Corporation falling/rising?

As of 09-Aug, the stock price of Gujarat State Financial Corporation is at 10.40, reflecting a slight decrease. The decline is due to poor long-term performance, trading below moving averages, and reduced investor participation, indicating a bearish trend.

As of 09-Aug, the stock price of Gujarat State Financial Corporation is currently at 10.40, reflecting a slight decrease of 0.01, or 0.1%. This decline can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed in the longer-term metrics, with a year-to-date decline of 11.49%, significantly worse than the benchmark Sensex, which has only fallen by 7.89% during the same period. Over the past year, the stock has decreased by 28.33%, while the Sensex has only dropped by 2.63%. This stark contrast indicates a persistent weakness in the stock's performance relative to the broader market.<BR><BR>Moreover, the stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a bearish trend, as the stock is not maintaining upward momentum compared to its historical price levels.<BR><BR>Additionally, there has been a notable decline in investor participation, with delivery volume on August 6 dropping by 77.76% against the 5-day average. This significant decrease in trading activity can further contribute to downward pressure on the stock price, as lower participation may indicate reduced investor confidence.<BR><BR>In summary, the combination of poor long-term performance, trading below moving averages, and falling investor participation are key factors contributing to the current decline in the stock price of Gujarat State Financial Corporation.

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

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.

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 4 Cr and a net loss of 32 Cr for the quarter ending March 2026, with a market cap of INR 94 Cr.

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 most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 4 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -32 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 94 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.21 <BR>Return on Equity: 3.99% <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>Tel: 91-79-23256761-66/23256772-74 <BR>Email: webmaster-gsfc@gujarat.gov.in <BR>Website: http://www.gsfc.gujarat.gov.in

How big is Guj. State Fin.?

As of 10th June, Gujarat State Financial Corporation has a market capitalization of 94.00 Cr and reported Net Sales of 4.22 Cr, with a Net Profit loss of 127.29 Cr over the latest four quarters. Shareholder's Funds are at a loss of 3,060.59 Cr, and Total Assets are valued at 220.03 Cr.

As of 10th June, Gujarat State Financial Corporation has a market capitalization of 94.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 4.22 Cr. However, it experienced a loss of 127.29 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's Funds stood at a loss of 3,060.59 Cr, while Total Assets were valued at 220.03 Cr.

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 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>If you need more information about their roles or the company, feel free to ask!

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. Tour. Fin. Corp. has the highest 1-year return at 62.44%, while Guj. State Fin. has a return of -36.52%.

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, Indian Renewable, Muthoot Microfin, Fusion Finance, and Spandana Sphoort, and the rest. Below Average management risk is noted at IFCI, Tour. Fin. Corp., and Satin Creditcare. Good growth is seen at Indian Renewable and the rest have Average growth, except for IFCI, Tour. Fin. Corp., Muthoot Microfin, Fusion Finance, and Spandana Sphoort, which have Below Average growth. Capital Structure is Excellent for CreditAcc. Gram., IFCI, Tour. Fin. Corp., Muthoot Microfin, Fusion Finance, Satin Creditcare, and Spandana Sphoort, while Good capital structure is noted at HUDCO and Average at Indian Renewable.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tour. Fin. Corp. at 62.44%, while the lowest is Indian Renewable at -34.67%. Guj. State Fin. has a 1-year return of -36.52%, which is lower than both. Additionally, peers with negative six-month returns include HUDCO, Indian Renewable, Fusion Finance, and Spandana Sphoort.

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

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