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Gujarat State Financial Corp.

Gujarat State Financial Corp.

BBSE:GUJSTATFIN
8.47
INR
+0.54
(+6.81%)
-13.01EPS
938.37MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.02
0.89
3.78
0.36
0.73
0.27
0.24
0.05
0.1
0.06
0.52
0.02
0.02
0.01
Basic EPS, GAAP
-12.66
-10.64
-11.78
-13.15
-12.96
-12.89
-13.18
-13.79
-14.34
-14.04
-13.38
-14.07
-14.28
-13.01
Free Cash Flow per Basic Share
-2.01
-1.13
0.04
-0.22
0.33
0.51
0.19
-0.14
-1.56
-0.91
-1.3
-1.53
-1.92
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-198.94
41.19
41.19
41.19
41.19
41.19
41.19
41.19
41.19
41.19
40.95
40.91
40.87
- -
Tangible Book Value per Share
-198.94
41.19
41.19
41.19
41.19
41.19
41.19
41.19
41.19
41.19
40.95
40.91
40.87
- -
Basic Weighted Avg Shares
89
89
89
89
89
89
89
89
89
89
89
89
89
89
Sales/Revenue/Turnover
180
80
337
32
65
24
21
4
9
6
47
1
1
1
Operating Margin (%)
80.05
94.96
75.74
-2,947.59
-1,388.22
-3,609.44
-6,010.52
-22,183.96
-11,375.34
-16,815.18
-1,907.68
-68,210.01
-66,169.07
-259,945.36
Depreciation Expense
3
4
4
5
5
4
4
3
3
3
2
2
2
- -
Net Income, GAAP
-1,128
-948
-1,050
-1,172
-1,155
-1,149
-1,174
-1,229
-1,278
-1,251
-1,192
-1,253
-1,273
-1,159
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-625.7
-1,188.93
-311.5
-3,690.6
-1,787.81
-4,736.73
-5,516.85
-28,677.41
-15,017.48
-22,701.74
-2,559.87
-90,778.25
-88,884.65
-228,687.18
Working Capital
654
-12,132
-13,180
-13,971
-16,358
-17,651
-17,415
-18,642
-19,919
-21,168
-22,382
-23,636
-24,910
- -
LT Debt
6,617
6,617
6,617
6,617
6,617
6,617
6,617
6,617
6,617
6,617
6,617
6,617
6,617
- -
Total Equity
-17,728
3,671
3,671
3,671
3,671
3,671
3,671
3,671
3,671
3,671
3,649
3,646
3,642
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-28.6
-31.92
-31.47
-31.29
-31.99
-33.48
-34.82
-34.09
-32.57
-34.37
-34.93
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
6,617
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
89
89
Market Capitalization
1,047
829
938

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,310
- -
Cash, Cash Equivalents & STI
- -
65
- -
Accounts Receivable, Net
- -
92
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
27,220
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-0.09%
Free Cash Flow
-6.6%
216.95%
25.3%
Net Income, GAAP
2.04%
0.77%
1.56%
Sales/Revenue/Turnover
57.31%
142.95%
3.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5
3
-10
2
1
2026
1
1
- -
- -
1
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-3.5
-3.53
-3.55
-3.48
-14.07
2026
-3.48
-3.59
-3.58
-3.63
-14.28
2027
-2.21
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
P. Swaroop
Full Time Employees
10
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Udyog Bhavan Gandhinagar GJ India 382010
IPO Date
Oct 19, 1999
Website
gsfc.gujarat.gov.in
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Business
Gujarat State Financial Corporation (GSFC) operates as a state-level development financial institution in India, providing medium- and long-term financing to small and medium-scale enterprises, including loans for fixed assets, preliminary expenses, expansion, modernization, diversification, and service sector activities; it also engages in recovery of dues, leasing, hire purchase, fee-based services, and acts as a Category-I Merchant Banker and channelizing agency for concessional loans from NHFDC at 5% to 10% interest. Established in 1960 under the State Financial Corporations Act, 1951, and headquartered in Gandhinagar, Gujarat, the corporation focuses on industrial development within Gujarat, having sanctioned over ₹4,400 crores in loans to 47,000 units, disbursed ₹3,300 crores, and generated approximately 683,000 jobs while supporting first-time entrepreneurs. Primarily serving micro, small, and medium enterprises in manufacturing and services across Gujarat, GSFC derives resources from refinance by SIDBI and IDBI; it discontinued new lending in 2001 due to losses and net worth erosion, shifting to recovery functions and online services for assisted customers, with ongoing operations in 2023-2025 amid stable promoter holding at 83.95%.