Gujarat State Financial Corporation
Incorporated in 1960, Gujarat State Financial Corporation is a term lending development financial institution mandated to provide finance to small and medium scale enterprises.
- Market Cap ₹ 212 Cr.
- Current Price ₹ 23.8
- High / Low ₹ 40.0 / 6.90
- Stock P/E
- Book Value ₹ -329
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance - Term-Lending Institutions
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 30 | 25 | 29 | 34 | 12 | 15 | 12 | 13 | 11 | 10 | 10 | 18 |
Interest | 146 | 115 | 118 | 121 | 124 | 126 | 128 | 130 | 132 | 134 | 136 | 137 |
32 | 19 | 45 | 19 | 11 | 7 | 8 | 6 | 5 | 5 | 4 | 3 | |
Financing Profit | -148 | -110 | -134 | -106 | -122 | -118 | -124 | -123 | -126 | -128 | -129 | -123 |
Financing Margin % | -497% | -441% | -465% | -309% | -1,001% | -802% | -1,049% | -937% | -1,149% | -1,246% | -1,272% | -696% |
35 | -3 | 40 | 1 | 6 | 3 | 10 | 6 | 3 | 1 | 4 | 4 | |
Depreciation | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -113 | -113 | -95 | -105 | -117 | -116 | -115 | -117 | -123 | -128 | -125 | -119 |
Tax % | -0% | 0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
-113 | -113 | -95 | -105 | -117 | -116 | -115 | -117 | -123 | -128 | -125 | -119 | |
EPS in Rs | -12.70 | -12.66 | -10.64 | -11.78 | -13.15 | -12.96 | -12.89 | -13.18 | -13.79 | -14.34 | -14.04 | -13.38 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | 8% |
3 Years: | 17% |
TTM: | 74% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | -1% |
3 Years: | 1% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 85% |
3 Years: | 45% |
1 Year: | 245% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 |
Reserves | -1,754 | -1,867 | -1,961 | -2,066 | -2,184 | -2,299 | -2,414 | -2,531 | -2,654 | -2,782 | -2,907 | -3,029 |
662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | |
1,081 | 1,201 | 1,314 | 1,434 | 1,558 | 1,683 | 1,812 | 1,941 | 2,073 | 2,207 | 2,342 | 2,479 | |
Total Liabilities | 83 | 90 | 108 | 123 | 129 | 139 | 153 | 165 | 174 | 180 | 190 | 206 |
3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | |
CWIP | -0 | 1 | 1 | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 5 | 5 | 3 | 2 | 2 | 126 | 141 | 153 | 163 | 170 | 179 | 194 |
75 | 81 | 101 | 116 | 123 | 10 | 8 | 9 | 8 | 7 | 9 | 10 | |
Total Assets | 83 | 90 | 108 | 123 | 129 | 139 | 153 | 165 | 174 | 180 | 190 | 206 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
121 | -16 | -2 | 1 | -2 | 3 | 5 | 2 | -1 | -14 | -8 | -12 | |
-121 | 5 | 25 | 11 | 9 | -2 | -7 | -2 | 1 | 9 | 9 | 11 | |
29 | 16 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
Net Cash Flow | 30 | 5 | 23 | 12 | 7 | 1 | -2 | -0 | 0 | -4 | 1 | -1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jul - Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2024 received from our R&T Agents, M/s. …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Jun - Newspaper clippings of Notice of 64th Annual General Meeting, E-voting information and Book Closure published in "Financial Express" both English and Gujarati editions of Ahmedabad …
- Reg. 34 (1) Annual Report. 25 Jun
- Closure of Trading Window 25 Jun
-
Book Closure For The Purpose Of 64Th Annual General Meeting
12 Jun - The Register of Members and Share Transfer Books of the Corporation shall remain closed from 23-07-2024 to 25-07-2024 (both days inclusive). Notice is attached.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Business Overview:[1]
GSFC was created under the State Financial Corporation Act, 1951 passed by Parliament, with an objective to provide financial assistance to small and medium scale new/existing industrial and service sector units in Gujarat and for acquisition of fixed assets, preliminary & pre-operative expenses, expansion, modernization, diversification etc.
At present, company has financed 47,331 units and disbursed Rs. 3,300 crore, generating employment for over 6,00,000 persons. Many financed units have also graduated from small to medium and large scale.