Gujarat State Financial Corporation (GUJSTATFIN)

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Gujarat State Financial Corporation (GUJSTATFIN) · mywealthgrid

About

Gujarat State Financial Corporation operates in Financial Institution within the Financials sector.

Face value: ₹10

Market cap

₹84 Cr

P/E

—

P/B

—

Dividend yield

ROE

—

ROCE

—

Debt / equity

—

OPM

—

EPS (TTM)

₹-14.1

Book value

₹-358.3

52-week high

—

52-week low

—

1,773 historical price candles were omitted because the exchange source has not been verified.

₹9.4+1.3%1Y

Quick read

rule-based

Pros

+High promoter holding of 84% with no pledge

Cons

−Revenue shrank over the last 5 years (-20.1% a year)
−Weak interest coverage of 0.1×

Research score

Structured signal from quality, growth, valuation and momentum.

0/100

Business quality: 0
Growth: 0

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Power Finance Corporation LimitedPFCPFC	₹1,04,943 Cr	₹11,17,447 Cr	₹1,15,431 Cr	₹1,12,436 Cr	97.2%	₹26,046 Cr	29.1%	—	20.7%	—
Indian Railway Finance Corporation LimitedIRFCIRFC	₹1,00,706 Cr	₹5,37,176 Cr	₹28,630 Cr	₹28,318 Cr	98.8%	₹7,191 Cr	25.7%	—	12.8%	—
Rec LimitedRECLTDRECLTD	₹75,770 Cr	₹5,90,496 Cr	₹59,169 Cr	₹56,360 Cr	95.7%	₹16,035 Cr	27.4%	—	20%	—
Housing & Urban Development Corporation LimitedHUDCOHUDCO	₹32,339 Cr	₹1,74,016 Cr	₹13,930 Cr	₹12,768 Cr	91.2%	₹4,255 Cr	30.7%	—	20.2%	—
Indian Renewable Energy Development Agency LimitedIREDAIREDA	₹31,182 Cr	₹1,09,028 Cr	₹8,612 Cr	₹7,501 Cr	87.3%	₹1,983 Cr	22.6%	—	15.6%	—
Ifci LimitedIFCIIFCI	₹17,551 Cr	₹21,074 Cr	₹1,986 Cr	₹964 Cr	47%	₹174 Cr	21%	—	2.1%	—
Tourism Finance Corporation Of India LimitedTFCILTDTFCILTD	₹6,426 Cr	₹7,698 Cr	₹232 Cr	₹204 Cr	90.2%	₹85 Cr	33.6%	—	9.9%	—
Gujarat State Financial CorporationGUJSTATFINGUJSTATFIN	₹84 Cr	₹745 Cr	₹0 Cr	₹0 Cr	—	₹-125 Cr	—	—	—	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-14	3	6	2	2	0	1	1	5	0	0
Interest	—	124	126	128	130	132	134	136	137	139	141
Expenses	80	12	7	8	6	5	5	4	3	3	2
Financing profit	—	-132	-127	-134	-134	-137	-138	-139	-136	-142	-143
Financing margin %	—	-4,166.6%	-1,962.1%	-5,498.8%	-6,289.7%	-31,841.9%	-16,211.8%	-25,218.2%	-2,914.4%	-1,01,600%	-1,02,435.7%
Other income	—	10	9	10	11	11	10	10	13	15	16
Depreciation	—	—	—	—	—	—	0	0	0	0	0
Profit before tax	-105	-117	-116	-115	-117	-123	-128	-125	-119	-125	-127
Tax	—	—	—	—	—	0	0	0	0	0	0
PAT	-105	-117	-116	-115	-117	-123	-128	-125	-119	-125	-127
EPS (₹)	-11.8	-13.2	-13	-12.9	-13.2	-13.8	-14.3	-14	-13.4	-14.1	-14.3
EPS adjusted (₹)	—	—	—	—	—	-13.8	-14.3	-14	-13.4	-14.1	-14.3
Gross NPA %	—	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
Net NPA %	—	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	89	89	89	89	89	89
Reserves	-2,654	-2,782	-2,907	-3,029	-3,154	-3,282
Borrowings	662	662	662	662	662	662
Other liabilities	2,078	2,211	2,347	2,484	2,624	2,765
Total equity & liabilities	174	180	190	206	220	234
Fixed assets	3	3	2	2	2	2
CWIP	—	—	—	—	—	—
Investments	163	170	179	194	206	221
	8	7	9	10	12	11
Total assets	174	180	190	206	220	234

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-1	-3	1	-1	1	-1
	1	3	0	-0	0	0
	0	0	0	0	0	0
Net cash flow	0	-0	1	-1	1	-1
Free cash flow	-1	-3	1	-1	1	-1
CFO / Operating profit %	—	—	—	-44.9%	—	—

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	—	—	-1,169.8%	-477.7%	-560%	35.8%	-2,071.4%	-1,578.6%
EBIT margin %	—	—	-1,169.8%	-511.8%	-607.3%	30.9%	-2,221.4%	-1,707.1%
PAT margin %	-4,726.7%	-5,515.5%	-28,586%	-15,036.5%	-22,754.5%	-2,558.2%	-89,528.6%	-90,921.4%
Working capital
Receivable days	—	—	—	—	—	—	—	—
Inventory days	—	—	—	—	—	—	—	—
Payable days	—	—	—	—	—	—	—	—
NWC days	—	—	—	—	—	—	—	—
Leverage
Current ratio	—	—	—	—	—	—	—	—
Debt to EBITDA	—	—	—	—	—	396.22	—	—
Debt to equity	—	—	-0.26	-0.25	-0.23	-0.23	-0.22	-0.21
Interest coverage	0.1	0.1	0	0	0	0.1	0.1	0.1
Asset turnover	—	—	0	0	0	0.02	0	0
Return ratios
Return on assets %	—	—	-70.6%	-71%	-65.7%	-57.8%	-57%	-54.5%
Return on capital employed %	—	—	-0.3%	-0.3%	-0.3%	-0.6%	-0.5%	-0.5%
Return on equity %	—	—	4.8%	4.7%	4.4%	4.1%	4.1%	4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%	83.95%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	1.44%	1.44%	1.44%	1.44%	1.44%	1.44%	1.44%	1.44%	1.38%	1.13%	1.13%	1.13%
Government	0%	0%	0%	0%	0%	0%	0%	0%	4.2%	2.1%	2.1%	2.1%
	14.61%	14.61%	14.61%	14.61%	14.61%	14.61%	14.61%	14.61%	10.47%	12.82%	12.82%	12.82%
No. of shareholders	—	—	—	—	—	—	—	—	23,044	23,108	23,196	22,642

Promoter holding up 0 percentage points since Sep 2023.

Ms. Mamta Verma, IASNon-Executive - Nominee Director-Chairperson
Ms. Leena Digambar KatdareNon-Executive - Nominee Director
Mrs. Maya M DabhiNon-Executive - Nominee Director
Mrs. Mayaben M. DabhiNon-Executive - Nominee Director
Mr. Naresh BabutaNon-Executive - Nominee Director
Mr. Dinesh KumarNon-Executive - Nominee Director
Mr. Lalit GuptaNon-Executive - Nominee Director
Mr. Swaroop P, IASExecutive Director-MD
Raveendran NairSecretary (Board) & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Gujarat State Financial Corporation. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results10 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

9 announcementsExport CSV

22 Sept 2026, 12:18 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

17 Aug 2026, 2:39 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

11 Aug 2026, 1:58 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

10 Aug 2026, 6:08 pmResult

The Quarter Ended June 30, 2026

Financial Results PDF

10 Aug 2026, 6:01 pmBoard Meeting

Board Meeting Outcome for Outcome Of Board Meeting

Outcome of Board Meeting PDF

31 Jul 2026, 3:50 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Jul 2026, 2:54 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

7 Jul 2026, 12:37 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

Date	Category	Subject	Filing
22 Sept 2026, 12:18 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
17 Aug 2026, 2:39 pm	Company Update Change in Directorate	Announcement under Regulation 30 (LODR)-Change in Directorate

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Gujarat State Financial Corporation

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Announcements

Board meetings1

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

1

1