Gujarat State Financial Corporation Ltd.
•₹ —-%
-
PROS
- Asset quality is healthy - gross NPA of just 0.0%
- Operating margins have improved to 86.1% from 78.0%
CONS
- Net worth is negative - accumulated losses have eroded equity
- Company is loss-making at the operating / net level
- Company has a low return on capital employed of 0.0%
- Company has a low return on equity of 0.0% over last 3 years
- Effective tax rate is unusually low at 0.0% - earnings may be flattered
- Company has delivered a poor sales growth of 4.1% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PFC | 376.00 | 4.76 | 124083.83 | 4.93 | 8997.92 | 0.18 | 28526.86 | 0.32 | 10.05 | 99.88 |
| 2. | IRFC | 85.10 | 0.00 | 111212.99 | 2.47 | 19272.10 | 1003.98 | 82611.10 | 1094.60 | 5.64 | 99.49 |
| 3. | RECLTD | 337.35 | 5.54 | 88831.81 | 5.50 | 4192.76 | -6.11 | 14434.92 | -1.51 | 9.71 | 96.90 |
| 4. | IFCI | 81.60 | 126.04 | 21985.60 | 0.00 | 60.27 | -3.46 | 327.06 | 4.79 | 11.51 | 57.66 |
| 5. | TFCILTD | 131.50 | 71.22 | 6088.15 | 0.46 | 18.38 | -8.25 | 51.00 | -17.46 | 11.13 | 90.10 |
| 6. | SATIN | 224.35 | 6.05 | 2478.42 | 0.00 | 122.65 | 171.94 | 762.14 | 7.70 | 12.15 | 62.96 |
| 7. | GUJSTATFIN | 10.32 | 0.00 | 91.97 | 0.00 | -19.68 | 36.57 | 0.00 | -100.00 | 0.00 | — |
| 8. | TRU | 4.35 | 0.00 | 51.70 | 0.00 | -10.58 | -16.29 | 11.27 | -62.55 | 3.48 | -79.12 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 1 | 0 | 1 | 1 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 1 | 3 | -1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 24 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Interest | 34 | 35 | 35 | 34 | 35 | 35 | 35 | 35 | 35 | 36 | 36 | 35 | 23 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -28 | -31 | -30 | -30 | -31 | -31 | -32 | -31 | -31 | -32 | -32 | -32 | -20 | |
| 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 | -28 | -31 | -30 | -30 | -31 | -31 | -32 | -31 | -31 | -32 | -32 | -32 | -20 |
| -3 | -3 | -3 | -3 | -4 | -4 | -4 | -3 | -3 | -4 | -4 | -4 | -0 | |
| Equity Capital | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
| Equity Capital | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
Jun 2023
- 3
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 34
- Depreciation
- 0
- -28
- Tax %
- -0.00%
- Net Profit
- -28
- -3
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 35
- Depreciation
- 0
- -31
- Tax %
- -0.00%
- Net Profit
- -31
- -3
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 0
- -1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 35
- Depreciation
- 0
- -30
- Tax %
- -0.00%
- Net Profit
- -30
- -3
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 34
- Depreciation
- 0
- -30
- Tax %
- -0.00%
- Net Profit
- -30
- -3
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 35
- Depreciation
- 0
- -31
- Tax %
- -0.00%
- Net Profit
- -31
- -4
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 35
- Depreciation
- 0
- -31
- Tax %
- -0.00%
- Net Profit
- -31
- -4
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- -1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 35
- Depreciation
- 0
- -32
- Tax %
- -0.00%
- Net Profit
- -32
- -4
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 35
- Depreciation
- 0
- -31
- Tax %
- -0.00%
- Net Profit
- -31
- -3
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 35
- Depreciation
- 0
- -31
- Tax %
- -0.00%
- Net Profit
- -31
- -3
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 36
- Depreciation
- 0
- -32
- Tax %
- -0.00%
- Net Profit
- -32
- -4
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 36
- Depreciation
- 0
- -32
- Tax %
- -0.00%
- Net Profit
- -32
- -4
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 35
- Depreciation
- 0
- -32
- Tax %
- -0.00%
- Net Profit
- -32
- -4
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 0
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 23
- Depreciation
- 0
- -20
- Tax %
- -0.00%
- Net Profit
- -20
- -0
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 17 | 18 | 21 | 19 | 14 | 11 | 14 | 20 | 17 | 17 | 0 | |
| 11 | 7 | 8 | 7 | 5 | 5 | 4 | 3 | 3 | 2 | 26 | |
| Operating Profit | 7 | 11 | 14 | 13 | 9 | 6 | 11 | 19 | 14 | 14 | — |
| OPM % | 41 | 62 | 65 | 68 | 67 | 59 | 78 | 91 | 83 | 83 | — |
| Other Income | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | -0 | 16 |
| Interest | 124 | 126 | 128 | 130 | 132 | 134 | 136 | 137 | 139 | 141 | 129 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -117 | -116 | -115 | -117 | -123 | -128 | -125 | -119 | -125 | -127 | -116 | |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -117 | -116 | -115 | -117 | -123 | -128 | -125 | -119 | -125 | -127 | -116 |
| EPS | 0 | 0 | 0 | 0 | -14 | -14 | -14 | -13 | -14 | -14 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -13 | -13 | -13 | -13 | -14 | -14 | -14 | -13 | -14 | -14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -13 | -13 | -13 | -13 | -14 | -14 | -14 | -13 | -14 | -14 | — |
Mar 2017
- 17
- 11
- Operating Profit
- 7
- OPM %
- 41
- Other Income
- 1
- Interest
- 124
- Depreciation
- 1
- -117
- Tax %
- 0
- Net Profit
- -117
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2018
- 18
- 7
- Operating Profit
- 11
- OPM %
- 62
- Other Income
- 0
- Interest
- 126
- Depreciation
- 0
- -116
- Tax %
- 0
- Net Profit
- -116
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2019
- 21
- 8
- Operating Profit
- 14
- OPM %
- 65
- Other Income
- 1
- Interest
- 128
- Depreciation
- 0
- -115
- Tax %
- 0
- Net Profit
- -115
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2020
- 19
- 7
- Operating Profit
- 13
- OPM %
- 68
- Other Income
- 0
- Interest
- 130
- Depreciation
- 0
- -117
- Tax %
- 0
- Net Profit
- -117
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2021
- 14
- 5
- Operating Profit
- 9
- OPM %
- 67
- Other Income
- 1
- Interest
- 132
- Depreciation
- 0
- -123
- Tax %
- 0
- Net Profit
- -123
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
Mar 2022
- 11
- 5
- Operating Profit
- 6
- OPM %
- 59
- Other Income
- 1
- Interest
- 134
- Depreciation
- 0
- -128
- Tax %
- 0
- Net Profit
- -128
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
Mar 2023
- 14
- 4
- Operating Profit
- 11
- OPM %
- 78
- Other Income
- 1
- Interest
- 136
- Depreciation
- 0
- -125
- Tax %
- 0
- Net Profit
- -125
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
Mar 2024
- 20
- 3
- Operating Profit
- 19
- OPM %
- 91
- Other Income
- 1
- Interest
- 137
- Depreciation
- 0
- -119
- Tax %
- 0
- Net Profit
- -119
- EPS
- -13
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2025
- 17
- 3
- Operating Profit
- 14
- OPM %
- 83
- Other Income
- 0
- Interest
- 139
- Depreciation
- 0
- -125
- Tax %
- 0
- Net Profit
- -125
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
Mar 2026
- 17
- 2
- Operating Profit
- 14
- OPM %
- 83
- Other Income
- -0
- Interest
- 141
- Depreciation
- 0
- -127
- Tax %
- 0
- Net Profit
- -127
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
TTM
- 0
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 129
- Depreciation
- 0
- -116
- Tax %
- 0
- Net Profit
- -116
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -7%
- 5 Years:
- 4%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 0%
- 5 Years:
- 0%
- 3 Years:
- 0%
- Last Year:
- 0%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 |
| -2,184 | -2,299 | -2,414 | -2,531 | -2,654 | -2,782 | -2,907 | -3,029 | -3,154 | -3,282 | |
| 2,224 | 2,349 | 2,478 | 2,608 | 2,739 | 2,873 | 3,008 | 3,146 | 3,285 | 3,426 | |
| Total Liabilities | 129 | 139 | 153 | 165 | 174 | 180 | 190 | 206 | 220 | 234 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 5 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | |
| 2 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 2 | |
| Cash & Bank | 115 | 127 | 141 | 153 | 163 | 169 | 179 | 192 | 205 | 219 |
| 7 | 6 | 7 | 8 | 7 | 6 | 7 | 9 | 10 | 10 | |
| Total Assets | 129 | 139 | 153 | 165 | 174 | 180 | 190 | 206 | 220 | 234 |
| Total Debt | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 |
| Net Working Capital | 112 | 124 | 137 | 150 | 160 | 166 | 177 | 190 | 203 | 217 |
| Contingent Liabilities | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | -235.03 | -247.99 | -260.88 | -274.06 | -287.85 | -302.19 | -316.24 | -329.86 | -343.96 | -358.29 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 | 662 |
| Net Working Capital | 112 | 124 | 137 | 150 | 160 | 166 | 177 | 190 | 203 | 217 |
| Contingent Liabilities | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | -235.03 | -247.99 | -260.88 | -274.06 | -287.85 | -302.19 | -316.24 | -329.86 | -343.96 | -358.29 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 89
- -2,184
- 2,224
- Total Liabilities
- 129
- 5
- 2
- Cash & Bank
- 115
- 7
- Total Assets
- 129
- Total Debt
- 662
- Net Working Capital
- 112
- Contingent Liabilities
- 2
- Book Value per Share
- -235.03
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 112
- Contingent Liabilities
- 2
- Book Value per Share
- -235.03
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 89
- -2,299
- 2,349
- Total Liabilities
- 139
- 4
- 2
- Cash & Bank
- 127
- 6
- Total Assets
- 139
- Total Debt
- 662
- Net Working Capital
- 124
- Contingent Liabilities
- 2
- Book Value per Share
- -247.99
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 124
- Contingent Liabilities
- 2
- Book Value per Share
- -247.99
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 89
- -2,414
- 2,478
- Total Liabilities
- 153
- 4
- 2
- Cash & Bank
- 141
- 7
- Total Assets
- 153
- Total Debt
- 662
- Net Working Capital
- 137
- Contingent Liabilities
- 2
- Book Value per Share
- -260.88
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 137
- Contingent Liabilities
- 2
- Book Value per Share
- -260.88
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 89
- -2,531
- 2,608
- Total Liabilities
- 165
- 3
- 1
- Cash & Bank
- 153
- 8
- Total Assets
- 165
- Total Debt
- 662
- Net Working Capital
- 150
- Contingent Liabilities
- 0
- Book Value per Share
- -274.06
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 150
- Contingent Liabilities
- 0
- Book Value per Share
- -274.06
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 89
- -2,654
- 2,739
- Total Liabilities
- 174
- 3
- 2
- Cash & Bank
- 163
- 7
- Total Assets
- 174
- Total Debt
- 662
- Net Working Capital
- 160
- Contingent Liabilities
- 0
- Book Value per Share
- -287.85
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 160
- Contingent Liabilities
- 0
- Book Value per Share
- -287.85
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 89
- -2,782
- 2,873
- Total Liabilities
- 180
- 3
- 2
- Cash & Bank
- 169
- 6
- Total Assets
- 180
- Total Debt
- 662
- Net Working Capital
- 166
- Contingent Liabilities
- 0
- Book Value per Share
- -302.19
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 166
- Contingent Liabilities
- 0
- Book Value per Share
- -302.19
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 89
- -2,907
- 3,008
- Total Liabilities
- 190
- 2
- 2
- Cash & Bank
- 179
- 7
- Total Assets
- 190
- Total Debt
- 662
- Net Working Capital
- 177
- Contingent Liabilities
- 0
- Book Value per Share
- -316.24
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 177
- Contingent Liabilities
- 0
- Book Value per Share
- -316.24
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 89
- -3,029
- 3,146
- Total Liabilities
- 206
- 2
- 3
- Cash & Bank
- 192
- 9
- Total Assets
- 206
- Total Debt
- 662
- Net Working Capital
- 190
- Contingent Liabilities
- 0
- Book Value per Share
- -329.86
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 190
- Contingent Liabilities
- 0
- Book Value per Share
- -329.86
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 89
- -3,154
- 3,285
- Total Liabilities
- 220
- 2
- 3
- Cash & Bank
- 205
- 10
- Total Assets
- 220
- Total Debt
- 662
- Net Working Capital
- 203
- Contingent Liabilities
- 0
- Book Value per Share
- -343.96
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 203
- Contingent Liabilities
- 0
- Book Value per Share
- -343.96
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 89
- -3,282
- 3,426
- Total Liabilities
- 234
- 2
- 2
- Cash & Bank
- 219
- 10
- Total Assets
- 234
- Total Debt
- 662
- Net Working Capital
- 217
- Contingent Liabilities
- 0
- Book Value per Share
- -358.29
- Face Value
- 10.00
- Total Debt
- 662
- Net Working Capital
- 217
- Contingent Liabilities
- 0
- Book Value per Share
- -358.29
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2 | 3 | 5 | 2 | -1 | -14 | -8 | -12 | -14 | -17 | |
| Cash from Investing | 9 | -2 | -7 | -2 | 1 | 9 | 9 | 11 | 14 | 16 |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 7 | 1 | -2 | -0 | 0 | -4 | 1 | -1 | 1 | -1 | |
| Free Cash Flow | -2 | 3 | 5 | 2 | -1 | -14 | -8 | -12 | -14 | -17 |
| OCF / Net Profit | 0.01 | -0.03 | -0.04 | -0.01 | 0.01 | 0.11 | 0.06 | 0.10 | 0.11 | 0.13 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 6 | -6 | -17 | -33 | -48 | -64 |
| OCF / Net Profit | 0.01 | -0.03 | -0.04 | -0.01 | 0.01 | 0.11 | 0.06 | 0.10 | 0.11 | 0.13 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 6 | -6 | -17 | -33 | -48 | -64 |
Mar 2017
- -2
- Cash from Investing
- 9
- Cash from Financing
- 0
- 7
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- 0
Mar 2018
- 3
- Cash from Investing
- -2
- Cash from Financing
- 0
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- -0.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.03
- Cumulative 5-Year FCF
- 0
Mar 2019
- 5
- Cash from Investing
- -7
- Cash from Financing
- 0
- -2
- Free Cash Flow
- 5
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 0
Mar 2020
- 2
- Cash from Investing
- -2
- Cash from Financing
- 0
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 0
Mar 2021
- -1
- Cash from Investing
- 1
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- 6
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- 6
Mar 2022
- -14
- Cash from Investing
- 9
- Cash from Financing
- 0
- -4
- Free Cash Flow
- -14
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- -6
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- -6
Mar 2023
- -8
- Cash from Investing
- 9
- Cash from Financing
- 0
- 1
- Free Cash Flow
- -8
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- -17
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- -17
Mar 2024
- -12
- Cash from Investing
- 11
- Cash from Financing
- 0
- -1
- Free Cash Flow
- -12
- OCF / Net Profit
- 0.10
- Cumulative 5-Year FCF
- -33
- OCF / Net Profit
- 0.10
- Cumulative 5-Year FCF
- -33
Mar 2025
- -14
- Cash from Investing
- 14
- Cash from Financing
- 0
- 1
- Free Cash Flow
- -14
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- -48
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- -48
Mar 2026
- -17
- Cash from Investing
- 16
- Cash from Financing
- 0
- -1
- Free Cash Flow
- -17
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- -64
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- -64
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -13.15 | -12.96 | -12.89 | -13.18 | -13.79 | -14.34 | -14.04 | -13.38 | -14.07 | -14.28 |
| Book Value (₹) | -235.03 | -247.99 | -260.88 | -274.06 | -287.85 | -302.19 | -316.24 | -329.86 | -343.96 | -358.29 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -13.09 | -12.91 | -12.84 | -13.14 | -13.76 | -14.31 | -14.01 | -13.35 | -14.04 | -14.26 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 41.09% | 61.80% | 64.58% | 67.57% | 67.37% | 58.55% | 77.97% | 85.26% | 82.28% | 86.10% |
| Net Margin % | -686.50% | -653.54% | -545.52% | -614.15% | -890.29% | -1202.84% | -909.22% | -587.09% | -730.12% | -752.84% |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| -92.88% | -85.93% | -78.51% | -73.77% | -72.44% | -72.19% | -67.59% | -60.12% | -58.81% | -56.12% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | -0.32x | -0.30x | -0.29x | -0.27x | -0.26x | -0.25x | -0.24x | -0.23x | -0.22x | -0.21x |
| Interest Coverage (x) | 0.05x | 0.08x | 0.10x | 0.10x | 0.07x | 0.04x | 0.08x | 0.13x | 0.10x | 0.10x |
| 35.47x | 44.56x | 42.06x | 52.97x | 58.48x | 62.94x | 68.66x | 79.36x | 81.06x | 86.13x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -49.36% | 3.56% | 19.12% | -9.18% | -27.80% | -23.04% | 29.54% | 47.52% | -15.45% | -1.51% |
| Operating Profit Growth % | -57.58% | 55.77% | 24.47% | -4.97% | -28.01% | -33.12% | 72.51% | 72.41% | -23.23% | -0.80% |
| Net Profit Growth % | -11.61% | 1.41% | 0.57% | -2.24% | -4.66% | -3.98% | 2.08% | 4.75% | -5.14% | -1.56% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.75% | -5.14% | -1.56% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -0.08x | -0.04x | -0.03x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 37.89x | 40.90x | 37.29x |
Mar 2017
- EPS (₹)
- -13.15
- Book Value (₹)
- -235.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.09
- Operating Margin %
- 41.09%
- Net Margin %
- -686.50%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -92.88%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.32x
- Interest Coverage (x)
- 0.05x
- 35.47x
- Revenue Growth %
- -49.36%
- Operating Profit Growth %
- -57.58%
- Net Profit Growth %
- -11.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -12.96
- Book Value (₹)
- -247.99
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.91
- Operating Margin %
- 61.80%
- Net Margin %
- -653.54%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -85.93%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.30x
- Interest Coverage (x)
- 0.08x
- 44.56x
- Revenue Growth %
- 3.56%
- Operating Profit Growth %
- 55.77%
- Net Profit Growth %
- 1.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -12.89
- Book Value (₹)
- -260.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.84
- Operating Margin %
- 64.58%
- Net Margin %
- -545.52%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -78.51%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.29x
- Interest Coverage (x)
- 0.10x
- 42.06x
- Revenue Growth %
- 19.12%
- Operating Profit Growth %
- 24.47%
- Net Profit Growth %
- 0.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -13.18
- Book Value (₹)
- -274.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.14
- Operating Margin %
- 67.57%
- Net Margin %
- -614.15%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -73.77%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.27x
- Interest Coverage (x)
- 0.10x
- 52.97x
- Revenue Growth %
- -9.18%
- Operating Profit Growth %
- -4.97%
- Net Profit Growth %
- -2.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -13.79
- Book Value (₹)
- -287.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.76
- Operating Margin %
- 67.37%
- Net Margin %
- -890.29%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -72.44%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.26x
- Interest Coverage (x)
- 0.07x
- 58.48x
- Revenue Growth %
- -27.80%
- Operating Profit Growth %
- -28.01%
- Net Profit Growth %
- -4.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -14.34
- Book Value (₹)
- -302.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.31
- Operating Margin %
- 58.55%
- Net Margin %
- -1202.84%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -72.19%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.25x
- Interest Coverage (x)
- 0.04x
- 62.94x
- Revenue Growth %
- -23.04%
- Operating Profit Growth %
- -33.12%
- Net Profit Growth %
- -3.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -14.04
- Book Value (₹)
- -316.24
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.01
- Operating Margin %
- 77.97%
- Net Margin %
- -909.22%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -67.59%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.24x
- Interest Coverage (x)
- 0.08x
- 68.66x
- Revenue Growth %
- 29.54%
- Operating Profit Growth %
- 72.51%
- Net Profit Growth %
- 2.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -13.38
- Book Value (₹)
- -329.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.35
- Operating Margin %
- 85.26%
- Net Margin %
- -587.09%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -60.12%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.23x
- Interest Coverage (x)
- 0.13x
- 79.36x
- Revenue Growth %
- 47.52%
- Operating Profit Growth %
- 72.41%
- Net Profit Growth %
- 4.75%
- 4.75%
- P/E (x)
- 0.00x
- P/B (x)
- -0.08x
- Dividend Yield %
- 0.00%
- 37.89x
Mar 2025
- EPS (₹)
- -14.07
- Book Value (₹)
- -343.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.04
- Operating Margin %
- 82.28%
- Net Margin %
- -730.12%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -58.81%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.22x
- Interest Coverage (x)
- 0.10x
- 81.06x
- Revenue Growth %
- -15.45%
- Operating Profit Growth %
- -23.23%
- Net Profit Growth %
- -5.14%
- -5.14%
- P/E (x)
- 0.00x
- P/B (x)
- -0.04x
- Dividend Yield %
- 0.00%
- 40.90x
Mar 2026
- EPS (₹)
- -14.28
- Book Value (₹)
- -358.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.26
- Operating Margin %
- 86.10%
- Net Margin %
- -752.84%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -56.12%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -0.21x
- Interest Coverage (x)
- 0.10x
- 86.13x
- Revenue Growth %
- -1.51%
- Operating Profit Growth %
- -0.80%
- Net Profit Growth %
- -1.56%
- -1.56%
- P/E (x)
- 0.00x
- P/B (x)
- -0.03x
- Dividend Yield %
- 0.00%
- 37.29x
Documents
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Annual Reports
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