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As of 6 Nov 2026, Gujarat State Financial Corporation is loss-making on a trailing 12-month basis, with a net loss of ₹104 Cr, so it has no P/E ratio. The share price is ₹8.89, 36% below its 52-week high. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹662 Cr. It is a small-cap company with a market cap of ₹79 Cr, ranked 93rd of 193 Credit Services companies by market cap; the shares fell 34% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹9.50
Day high
₹9.50
Day low
₹7.80
Prev. close
₹8.50
Volume
15.7K

Health check

4 to check
  • ReturnsBehind

    −33.7% over a year, better than 1 of 7 peers.

  • Price tagNegative equity

    Book value is below zero, so P/E and P/B mislead here.

  • Growthn/a

    Not enough yearly results to measure.

  • ProfitabilityDistorted

    With negative net worth, return ratios are meaningless.

  • Balance sheetLosing money

    Return on assets -44.55%. Bad-loan data isn’t covered.

  • Red flags4 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Credit Services

192 listed peers. Screen the industry

Small cap

₹79 Cr, #93 of 193 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹−101 Cr · profit ₹−104 Cr
Market cap
₹79 Cr
Small cap
P/E
n/a
Industry 15.5
Price to book
−0.02
Peers 2.62
Dividend yield
0.00%
ROE
−34.9%
Peers 18.7%
ROCE
n/m
Not meaningful for lenders
Debt to equity
n/m
Not meaningful for lenders
EPS (TTM)
−₹11.68
OPM (TTM)
103.3%
Net margin 0.0%
Sales growth
n/m
Not meaningful for lenders
Profit growth
n/a
Year-ago quarter not reported
Price to sales
−0.78

Strengths and risks

Risks to check

  • Loss-making over the last twelve months.
  • Negative net worth: liabilities exceed assets.
  • Return on equity is low at −34.9%.
  • 36% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Gujarat State Financial Corporation

Gujarat State Financial Corporation provides medium- and long-term credit to small and medium scale industries. The company was founded in 1960 and is headquartered in Gandhinagar, India.

Headquarters
Gandhinagar
Employees
10
Sector
Financial Services
ISIN
INE944A01011
Website
gsfc.gujarat.gov.in

Price range

52 weeks

₹7.60₹13.86

Today

₹7.80₹9.50
Avg volume (3M)
8.9K
1-year return
minus 33.7%
From 52-week high
minus 35.9%

Peers · Credit Services

Bank and NBFC columns

Compare with peersScreen the whole industry
Company
BAJFINANCEBajaj Finance1,087.75plus 1.66%6,77,00531.35.4919.0%3.8%18.2%0.50%plus 1.2%
SHRIRAMFINShriram Finance961.15minus 0.30%2,26,16716.02.0314.8%3.9%18.6%1.80%plus 21.0%
CHOLAFINCholamandalam Investment and Finance Company1,785.00plus 1.42%1,53,10324.54.4120.6%2.6%25.2%0.11%plus 0.8%
TATACAPTata Capital358.05plus 2.93%1,50,97925.43.1014.1%2.2%–0.16%plus 5.6%
MUTHOOTFINMuthoot Finance2,869.00plus 1.06%1,15,1819.42.6231.6%6.3%43.1%1.05%minus 11.0%
PFCPower Finance Corporation328.80minus 0.18%1,08,5074.10.7418.7%2.7%17.7%4.99%minus 16.9%
IRFCIndian Railway Finance Corporation80.43plus 0.37%1,05,11014.31.7312.6%1.4%4.4%2.74%minus 34.4%
GUJSTATFINGujarat State Financial Corporation8.89plus 4.59%79–−0.02−34.9%−44.5%–0.00%minus 33.7%
Median of 7 peers–1.06%1,50,97916.02.6218.7%2.7%18.4%1.05%0.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
0.1–––0.1
36.2–––24.2
−36.2−36.2−35.8−23.7−24.1
−71329.2%–––−30617.8%
4.14.14.14.14.1
0.20.1−0.7−0−0.2
−32−31.9−32.4−19.7−20.2
−32−31.9−32.4−19.7−20.2
-3.59-3.58-3.63-2.21-2.27

Profit & loss

Yearly, ₹ crore
ROE
−34.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
0.64.70.10.1
–+744.7%minus 97.0%+3.7%
9393.394.194.7
−92.4−88.6−94−94.6
−16768.6%−1902.8%−68061.6%−66041.9%
9.71315.216.3
42.644.546.448.2
0.30.20.20.2
0.51.1−0−0.6
−125−119−125−127
−125−119−125−127
-14.04-13.38-14.07-14.28

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
89.189.189.189.1
278276275275
662662662662
2,3422,4792,6192,760
3,3713,5063,6453,786
2.42.221.8
179–––
87.37.86.5
3,1813,4973,6353,778
3,3713,5063,6453,786

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−8.1−11.6−13.7−17.1
9.310.814.215.8
1.2−0.80.5−1.3
–−0––
−8.1−11.6−13.7−17.1

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 0.1% (Yahoo estimate).

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you