About
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.
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | -1.00 | 3.00 | 1.00 |
| Other Income | 4.00 | -1.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 4.00 | 4.00 | 5.00 | 3.00 | 5.00 | 3.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 23.00 | 35.00 | 36.00 | 36.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 34.00 | 35.00 | 35.00 | 34.00 |
| Profit before tax | -20.00 | -32.00 | -32.00 | -32.00 | -31.00 | -31.00 | -32.00 | -31.00 | -31.00 | -30.00 | -30.00 | -31.00 | -28.00 |
| 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 | 0.00 |
| Net Profit | -20.00 | -32.00 | -32.00 | -32.00 | -31.00 | -31.00 | -32.00 | -31.00 | -31.00 | -30.00 | -30.00 | -31.00 | -28.00 |
| EPS in Rs | -2.21 | -3.63 | -3.58 | -3.59 | -3.48 | -3.48 | -3.55 | -3.53 | -3.50 | -3.32 | -3.41 | -3.47 | -3.18 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 2.00 | 3.00 | 3.00 | 4.00 | 5.00 | 5.00 | 6.00 | 8.00 | 7.00 | 11.00 | 19.00 | 45.00 |
| Other Income | 0.00 | 2.00 | 4.00 | 4.00 | 1.00 | 3.00 | 6.00 | 10.00 | 3.00 | 6.00 | 1.00 | 40.00 |
| Interest | 141.00 | 139.00 | 137.00 | 136.00 | 134.00 | 132.00 | 130.00 | 128.00 | 126.00 | 124.00 | 121.00 | 118.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Profit before tax | -127.00 | -125.00 | -119.00 | -125.00 | -128.00 | -123.00 | -117.00 | -115.00 | -116.00 | -117.00 | -105.00 | -95.00 |
| 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 | -127.00 | -125.00 | -119.00 | -125.00 | -128.00 | -123.00 | -117.00 | -115.00 | -116.00 | -117.00 | -105.00 | -95.00 |
| EPS in Rs | -14.28 | -14.07 | -13.38 | -14.04 | -14.34 | -13.79 | -13.18 | -12.89 | -12.96 | -13.15 | -11.78 | -10.64 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 |
| Reserves | -3,282.00 | -3,154.00 | -3,029.00 | -2,907.00 | -2,782.00 | -2,654.00 | -2,531.00 | -2,414.00 | -2,299.00 | -2,184.00 | -2,066.00 | -1,961.00 |
| Other Liabilities | 2,760.00 | 2,619.00 | 2,479.00 | 2,342.00 | 2,207.00 | 2,073.00 | 1,941.00 | 1,812.00 | 1,683.00 | 1,558.00 | 1,434.00 | 1,314.00 |
| Total Liabilities | 234.00 | 220.00 | 206.00 | 190.00 | 180.00 | 174.00 | 165.00 | 153.00 | 139.00 | 129.00 | 123.00 | 108.00 |
| Fixed Assets | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| Investments | 221.00 | 206.00 | 194.00 | 179.00 | 170.00 | 163.00 | 153.00 | 141.00 | 126.00 | 2.00 | 2.00 | 3.00 |
| Other Assets | 11.00 | 12.00 | 10.00 | 9.00 | 7.00 | 8.00 | 9.00 | 8.00 | 10.00 | 123.00 | 116.00 | 101.00 |
| Total Assets | 234.00 | 220.00 | 206.00 | 190.00 | 180.00 | 174.00 | 165.00 | 153.00 | 139.00 | 129.00 | 123.00 | 108.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -17.00 | -14.00 | -12.00 | -8.00 | -14.00 | -1.00 | 2.00 | 5.00 | 3.00 | -2.00 | 1.00 | -2.00 |
| Cash from Investing Activity | 16.00 | 14.00 | 11.00 | 9.00 | 9.00 | 1.00 | -2.00 | -7.00 | -2.00 | 9.00 | 11.00 | 25.00 |
| Cash from Financing Activity | 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 Cash Flow | -1.00 | 1.00 | -1.00 | 1.00 | -4.00 | 0.00 | 0.00 | -2.00 | 1.00 | 7.00 | 12.00 | 23.00 |
| Free Cash Flow | -17.00 | -14.00 | -12.00 | -8.00 | -14.00 | -1.00 | 2.00 | 5.00 | 3.00 | -2.00 | 1.00 | 1.00 |
| CFO/OP % | -122.00 | -111.00 | -79.00 | -125.00 | -258.00 | -21.00 | 26.00 | 123.00 | 38.00 | -141.00 | 7.00 | 12.00 |
Corporate Actions
10 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 21 Oct 2015 | — | — | — | Annual General Meeting |
| Other | 31 Oct 2014 | — | — | — | Annual General Meeting |
| Other | 09 Dec 2013 | — | — | — | Annual General Meeting |
| Other | 02 Nov 2012 | — | — | — | Annual General Meeting |
| Other | 26 Dec 2011 | — | — | — | Annual General Meeting |
| Other | 26 Nov 2010 | — | — | — | Annual General Meeting |
| Other | 14 Jan 2009 | — | — | — | Annual General Meeting |
| Other | 14 Nov 2007 | — | — | — | Agm |
| Other | 21 Jul 2006 | — | — | — | Agm |
| Other | 27 Sep 2005 | — | — | — | Agm |