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Companies›Financial Services›Financial Services›Finance

GUJARAT STATE FINANCIAL CORPOR

Financial Services › Finance
₹8.11
at close · 28 Oct 2026
▼ 0.39 (-4.59%)

Latest filings

  1. GSFC publishes September 2026 quarterly and half-year results · Compliance
  2. GSFC September quarter loss Rs 2,018.75 lakh; qualified review · Results
  3. Loss narrows as one-time settlement returns, but auditor flags severe financial stress · Results
All filings ↓
Ask Nexa about GUJARAT STATE FINANCIAL CORPOR

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a state-owned statutory lending institution set up under the State Financial Corporations Act, 1951 to provide financial assistance to industrial units in Gujarat. Discontinued fresh lending in FY 2001-02 and now functions solely as a loan recovery operation, collecting dues from past borrowers. Total income for FY 2025-26 was ₹1,640.08 lakh against interest expenditure of ₹3,564.97 lakh in Q3 FY26 alone, producing a net loss of ₹12,728.91 lakh for the full year. Both gross and net NPA ratios stand at 100%, indicating the entire advances book is non-performing, and net worth is fully eroded with negative reserves. The corporation has defaulted on its own repayment obligations and statutory auditors have flagged going concern doubts for nine consecutive years.

Operating scale
Fresh lending
Suspended since FY 2001-02
Gross and Net NPA ratio
100%FY26
Staff strength
12 employees (8 effective after deputations)FY26
Accumulated losses
₹3,55,244 lakhFY26
Negative reserves
₹3,28,194.54 lakhFY26
Interest expenditure
₹3,564.97 lakhQ3 FY26
Who pays it
Past industrial borrowers in Gujarat; no new lending since FY 2001-02
Biggest cost
Interest on existing borrowings, running at ₹3,564.97 lakh in Q3 FY26 alone against total income of ₹1,640.08 lakh for FY26
Kind of business
Defunct state financial institution in run-off mode with fully eroded net worth and 100% NPA book
Where it sits
State-owned statutory corporation established under the State Financial Corporations Act, 1951 to provide financial assistance to industrial units in Gujarat
Market Cap
₹72 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
—·
ROCE (FY26)
ROE — · margin —
Leverage
—·
Debt / Equity · not read for a lender
Moves on a normal day
1.16%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 8 Financial Institution peersBar = share of peers beaten · tick = industry median · latest reported figures
Profit growth#6/8

Scorecard

Measured from the filed financials, judged against its Financial Institution peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Erratic profits — up in only 2 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GUJARAT STATE FINANCIAL CORPOR's filed financials and exchange disclosures

What does GUJARAT STATE FINANCIAL CORPOR do?

GUJARAT STATE FINANCIAL CORPOR is a Finance company listed on BSE.

Is GUJARAT STATE FINANCIAL CORPOR profitable?

No. Over the trailing twelve months GUJARAT STATE FINANCIAL CORPOR reported a net loss of ₹158 Cr.

Does GUJARAT STATE FINANCIAL CORPOR pay a dividend?

Not in the latest reported year — GUJARAT STATE FINANCIAL CORPOR's dividend payout for FY26 was nil.

How much does the GUJARAT STATE FINANCIAL CORPOR share price move in a day?

On a typical session GUJARAT STATE FINANCIAL CORPOR moves 1.16% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GUJARAT STATE FINANCIAL CORPOR's announcements?

Every NSE and BSE filing by GUJARAT STATE FINANCIAL CORPOR appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.