IPO Plus

BSE · 532160 · Finance

Gujarat State Financial Corporation

GSM · GSM 0
10.66
₹95 Cr market cap
P/E
-0.76
EPS
₹-3.63
Book value
₹-357.79
ROE
399.25%
ROCE
0%
Debt / equity
0

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

05.4410.8816.3221.76Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹16 Cr with net profit ₹-127 Cr — a -774.18% net margin, versus -726.73% the period before.

Shareholding

As of 2026-06-30

83.95%
promoter holding
  • Promoter83.95%
  • Public14.92%
  • DII1.13%

22,642 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

83.95%83.95%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

8.410.6616.93

The band spans 2.02× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — GSM · GSM 0. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Finance - Term-Lending Institutions · ranked #8 of 8 by market cap · medians across 7 industry peers

P/E
-0.76vs 54.59 peer med
P/B
vs 2.21 peer med
ROE %
399.25vs 13.59 peer med
Margin %
-3016.35vs 27.09 peer med
CompanyMkt capP/EP/BROEMargin
Power Finance Corporation Ltd.₹1,40,667 Cr5.431.0619.49%22.56%
Rec Limited₹98,720 Cr6.151.1619.17%27.09%
Housing & Urban Development Corporation Ltd.₹39,459 Cr19.911.818.36%30.68%
Indian Renewable Energy Development Agency Ltd.₹33,677 Cr68.112.4413.59%22.66%
IFCI Ltd.₹19,809 Cr1470.42.210.02%0.09%
Tourism Finance Corporation of India Ltd.₹4,676 Cr54.594.578.95%36.81%
Haryana Financial Corporation Ltd.₹1,360 Cr163.756.073.74%75.84%
Gujarat State Financial Corporation(this company)₹95 Cr-0.763.99%-3016.35%

AI analysis

AI-generated · google/gemini-2.5-flash

Gujarat State Financial Corporation has a market capitalization of Rs 95 Cr. As of March 2026, the company reported a revenue of Rs 16.44 Cr. The company's EPS is 0, and it has a negative book value of -358.29. The ROE stands at 399.3% and ROCE is 5.954%.

Positives

  • +The debt-to-equity ratio is 0, indicating no debt.
  • +Promoter shareholding is high at 83.95% as of June 2026.
  • +Promoter pledge is 0%, indicating no shares are pledged.

Negatives

  • The company has a negative book value of -358.29.
  • The profit margin is significantly negative at -3016.35%.
  • The company has consistently reported negative EPS, with -14.28 in March 2026.
  • Revenue declined to Rs 16.44 Cr in March 2026 from Rs 17.25 Cr in March 2025.
  • The company is under GSM surveillance.

Financial Performance

Gujarat State Financial Corporation reported a revenue of Rs 16.44 Cr for the year ending March 2026. This marks a decrease from Rs 17.24 Cr in March 2025. The net profit for the same period was -127.29 Cr. The company's highest revenue in the last five annual periods was Rs 21.49 Cr in March 2024, followed by a decline in subsequent years.

Profitability & Returns

The company's profit margin is -3016.35%, indicating significant losses relative to revenue. The Return on Capital Employed (ROCE) is 5.954%, while the Return on Equity (ROE) is 399.3%. The Earnings Per Share (EPS) is 0. Over the past five annual periods, the company has consistently reported negative EPS, with the most recent being -14.28 in March 2026.

Balance Sheet

Gujarat State Financial Corporation has a book value of -358.29. The debt-to-equity ratio is 0, suggesting no debt on the company's books. No dividend yield is reported.

Ownership & Pledges

There are no shares pledged by the promoters. The total number of shareholders was 22,642 as of June 2026, up from 8,355 in June 2018.

Regulatory & Surveillance

The company is categorized under GSM 0 in the Graded Surveillance Measure (GSM) framework, indicating it is subject to surveillance measures. This classification suggests regulatory oversight or concerns regarding the company's financials or operations.

Data as of — price: 2026-07-30 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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