MarketFriction

Gujarat Lease Financing Ltd

NSE GLFL · BSE 500174 · Other Financial Services
₹5.49 +1.86%
NSE close2026-10-01
52 week range3.66 - 9.34
Market cap₹14.2 Cr.
P/E475
GSM Price band 5% Delivery 82.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.000.000.000.000.000.000.000.000.000.000.000.00
Expenses0.110.050.060.160.090.060.060.160.090.080.050.18
Operating Profit-0.11-0.05-0.06-0.16-0.09-0.06-0.06-0.16-0.09-0.08-0.05-0.18
OPM %
Other Income0.100.170.100.100.110.110.110.100.110.110.110.10
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.010.120.04-0.060.020.050.05-0.060.020.030.06-0.08
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.010.120.04-0.060.020.050.05-0.060.020.030.06-0.08
EPS in Rs-0.000.040.01-0.020.010.020.02-0.020.010.010.02-0.03
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.080.030.070.080.100.020.290.290.410.420.430.00
Expenses0.380.280.420.570.560.340.350.340.390.360.380.40
Operating Profit-0.30-0.25-0.35-0.49-0.46-0.32-0.06-0.050.020.060.05-0.40
OPM %-375.00%-833.33%-500.00%-612.50%-460.00%-1,600.00%-20.69%-17.24%4.88%14.29%11.63%
Other Income0.180.000.000.160.560.000.000.250.070.000.000.43
Interest0.000.000.000.000.010.000.000.000.000.000.000.00
Depreciation0.030.020.020.020.020.020.020.010.000.000.000.00
Profit before tax-0.15-0.27-0.37-0.350.07-0.34-0.080.190.090.060.050.03
Tax %0.00%0.00%0.00%8.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.15-0.27-0.37-0.380.07-0.35-0.080.190.090.060.050.03
EPS in Rs-0.06-0.10-0.14-0.140.03-0.13-0.030.070.030.020.020.01
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth18%85%14%2%
Compounded Profit Growth8%16%-36%-50%
Stock Price CAGR11%11%13%-18%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital27.1627.1627.1627.1627.1627.1627.1627.1627.1627.1627.1627.16
Reserves-56.61-56.76-44.52-34.53-33.38-33.86-31.51-31.58-31.40-31.28-31.22-31.20
Borrowings33.2933.2733.2415.0015.0010.0010.0010.0010.0010.0010.0010.00
Other Liabilities8.248.200.430.560.580.350.340.360.370.400.420.47
Total Liabilities12.0811.8716.318.199.363.655.995.946.136.286.366.43
Fixed Assets0.300.170.140.120.100.070.050.020.010.010.010.02
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments11.2111.5415.967.639.053.330.010.010.010.110.110.09
Other Assets0.570.160.210.440.210.255.935.916.116.166.246.32
Total Assets12.0811.8716.318.199.363.655.995.946.136.286.366.43
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.15-0.31-0.22-0.34-0.52-0.59-5.82-0.340.19-0.91-0.385.26
Cash from Investing Activity0.39-0.060.240.500.395.646.050.290.280.400.410.42
Cash from Financing Activity-0.15-0.02-0.020.000.00-5.000.000.000.000.000.000.00
Net Cash Flow0.39-0.390.000.16-0.130.060.23-0.050.47-0.510.035.68
Free Cash Flow0.52-0.07-0.22-0.34-0.52-0.59-5.82-0.340.19-0.91-0.385.25
CFO/OP100%103%88%97%106%128%1,819%550%-380%-4,350%-550%10,620%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.000.000.000.000.000.000.000.000.000.000.000.00
Inventory Days
Days Payable
Cash Conversion Cycle0.000.000.000.000.000.000.000.000.000.000.000.00
Working Capital Days-146,182.50-36,636.88-4,745.00-2,555.00-1,870.62-1,168.00-5,657.50-390.17-402.76-275.98-225.95-220.70
ROCE %-6.08%-7.46%-2.76%-3.15%-4.27%1.32%-7.60%-1.42%3.35%1.55%1.02%0.84%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters45.67%45.67%45.67%45.67%45.67%45.67%45.67%45.67%45.67%45.67%45.67%45.67%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public54.31%54.31%54.32%54.32%54.32%54.31%54.32%54.30%54.31%54.32%54.31%54.32%
No. of Shareholders29,13029,12529,29229,34529,56330,08330,05329,75729,79129,77229,61829,592

Fundamentals

Market Cap₹ 14.2 Cr.
Current Price₹ 5.25
Stock P/E475
Book Value₹ -1.49
ROCE0.84 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-50%
Standalone figures.
Valuation
Market capRs 15 Cr
Enterprise valueRs 19 Cr
P/E (TTM)496.40x
Price to book-3.69x
Price to sales34.63x
EV / EBITDA628.73x
EV / EBIT628.73x
EV / sales43.87x
Price to cash flow2.83x
Earnings yield0.20%
P/E, 3-year average228.89x
P/B, 3-year average-3.80x
P/E, 5-year average180.59x
P/B, 5-year average-2.98x
Profitability
Operating margin (excl. other income)11.63%
Operating margin (incl. other income)11.63%
EBITDA margin6.98%
Pre-tax margin6.98%
Net profit margin6.98%
ROE-1.23%
ROCE0.84%
ROA0.78%
ROE, 3-year average-1.62%
ROCE, 3-year average1.13%
ROA, 3-year average1.06%
ROE, 5-year average-1.48%
ROCE, 5-year average1.07%
ROA, 5-year average1.00%
Growth
Sales growth (latest year)2.38%
Profit growth (latest year)-16.67%
Sales CAGR, 3 years14.03%
Sales CAGR, 5 years84.71%
Profit CAGR, 3 years-35.92%
Profit growth QoQ-233.33%
Per share
EPS (TTM)Rs 0.01
EPS (latest year)Rs 0.02
EPS (latest quarter)Rs -0.03
EPS, 3-year averageRs 0.02
EPS, 5-year averageRs 0.02
Book value per shareRs -1.49
Sales per shareRs 0.16
Cash flow per shareRs 1.94
Free cash flow per shareRs 1.94
Efficiency
Asset turnover0.07x
Fixed asset turnover21.50x
Cash conversion cycle0 days
Working capital days-221 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 6 Cr
Net debtRs 4 Cr
Debt to equity-2.48x
Net debt / EBITDA132.33x
Owners' fund to total sources-62.83%
Debt to assets155.52%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 6 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years12.32x
Sales to cash flow0.08x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs -0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 27 Cr
ReservesRs -31 Cr
Shareholders' fundsRs -4 Cr
Total assetsRs 6 Cr
Net blockRs 0 Cr
InvestmentsRs 0 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)2.71
Ownership
Promoter holding45.67% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodGLFLNifty 50Difference
1 week+9.4%-2.8% +12.1 pts
1 month-7.4%-6.8% -0.6 pts
3 months-8.5%-7.6% -0.9 pts
6 months+38.6%+0.4% +38.2 pts
1 year-14.5%-9.9% -4.6 pts
2 years-28.6%-13.6% -15.0 pts
3 years+56.9%+14.2% +42.7 pts
5 years+92.6%+27.9% +64.7 pts

Red flags

F-score 6 of 8
seriousNegative equity Shareholders' equity is negative
lookOn NSE surveillance On NSE surveillance: GSM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹0 Cr. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2019-07-18 Annual General Meeting
2018-07-19 Annual General Meeting
2017-07-13 Annual General Meeting
2016-07-08 Annual General Meeting
2015-07-30Annual General Meeting
2014-07-14Annual General Meeting
2013-07-16Annual General Meeting
2012-07-19Annual General Meeting
2011-07-05Annual General Meeting
2010-07-28Annual General Meeting
2009-07-20Annual General Meeting
2008-10-08Annual General Meeting
2007-09-04Agm
2006-07-06Agm
DateTypeWhat it says
2026-07-30Board meeting outcomeGujarat Lease Financing Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-02Shareholder meetingVoting results.
2026-07-02Shareholder meetingProceedings of Annual General Meeting held on July 02, 2026
2026-06-09Shareholder meetingNotice of Annual General Meeting to be held on July 02, 2026
2026-06-05Disclosure under SEBI TakeovTorrent Investments Limited (formerly known as Torrent Investments Private Limited) has Submitted to the Exchange a copy of Disclosure under Regulatio...
2026-04-30AppointmentAppointment of Animesh Mehta and Narayan Meghani as Independent Director of the company w.e.f. March 31, 2027.
2026-04-30Board meeting outcomeGujarat Lease Financing Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-09Disclosure under SEBI TakeovGujarat State Investments Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) & 31(5) of the Securities and Exchange Boa...
2026-01-19Board meeting outcomeBoard meeting held on January 19, 2026.
2026-01-19Board meeting outcomeGujarat Lease Financing Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-10-17Board meeting outcomeGujarat Lease Financing Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-10-17Board meeting outcomeBoard meeting held on October 17, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
GSMLess than 100 unique PAN traded in previous 30 daysScrip PE is greater than 50 (4 trailing quarters)
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03