GSL Securities Ltd
₹ 36.9
-5.00%
27 Mar
- close price
- Market Cap ₹ 15.8 Cr.
- Current Price ₹ 36.9
- High / Low ₹ 61.8 / 25.2
- Stock P/E
- Book Value ₹ 13.6
- Dividend Yield 0.00 %
- ROCE -4.17 %
- ROE -2.78 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 3.70% over last quarter.
Cons
- Stock is trading at 2.72 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -42.6% over past five years.
- Company has a low return on equity of 1.19% over last 3 years.
- Working capital days have increased from 3,439 days to 9,308 days
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.06 | 0.06 | 0.08 | 0.08 | 0.26 | 3.95 | 0.32 | 0.28 | 0.23 | 0.23 | 0.84 | 0.02 | 0.06 | |
| Interest | 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 |
| 0.04 | 0.04 | 0.07 | 0.07 | 0.12 | 1.53 | 0.32 | 0.29 | 0.34 | 0.34 | 0.29 | 0.26 | 0.55 | |
| Financing Profit | 0.02 | 0.02 | 0.01 | 0.01 | 0.14 | 2.42 | 0.00 | -0.01 | -0.11 | -0.11 | 0.55 | -0.24 | -0.49 |
| Financing Margin % | 33.33% | 33.33% | 12.50% | 12.50% | 53.85% | 61.27% | 0.00% | -3.57% | -47.83% | -47.83% | 65.48% | -1,200.00% | -816.67% |
| 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 1.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.02 | 0.02 | 0.01 | 0.01 | 0.14 | 3.68 | 0.00 | -0.01 | -0.11 | -0.11 | 0.55 | -0.24 | -0.49 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 21.43% | -0.27% | 0.00% | 0.00% | 0.00% | 16.36% | -33.33% | ||
| 0.02 | 0.02 | 0.01 | 0.01 | 0.11 | 3.69 | -0.03 | -0.02 | -0.12 | -0.11 | 0.47 | -0.16 | -0.41 | |
| EPS in Rs | 0.06 | 0.06 | 0.03 | 0.03 | 0.34 | 11.35 | -0.09 | -0.06 | -0.37 | -0.34 | 1.45 | -0.49 | -1.06 |
| 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% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -43% |
| 3 Years: | -56% |
| TTM: | -90% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -13% |
| TTM: | -241% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 54% |
| 3 Years: | 74% |
| 1 Year: | 49% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | -3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves | -1.55 | -1.53 | -1.52 | 1.85 | 2.26 | 2.79 | 2.41 | 2.53 | 2.42 | 2.18 | 2.44 | 2.57 | 2.55 |
| Borrowing | 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 |
| 0.00 | 0.00 | 0.00 | 0.42 | 0.54 | 0.18 | 0.07 | 0.11 | 0.12 | 0.10 | 0.02 | 0.05 | 0.10 | |
| Total Liabilities | 1.70 | 1.72 | 1.73 | 5.52 | 6.05 | 6.22 | 5.73 | 5.89 | 5.79 | 5.53 | 5.71 | 5.87 | 5.90 |
| 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 | |
| CWIP | 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 |
| Investments | 1.42 | 1.43 | 1.42 | 5.21 | 5.54 | 0.80 | 0.33 | 0.47 | 0.56 | 0.39 | 4.06 | 5.26 | 5.31 |
| 0.28 | 0.29 | 0.31 | 0.31 | 0.51 | 5.42 | 5.40 | 5.42 | 5.23 | 5.14 | 1.65 | 0.61 | 0.59 | |
| Total Assets | 1.70 | 1.72 | 1.73 | 5.52 | 6.05 | 6.22 | 5.73 | 5.89 | 5.79 | 5.53 | 5.71 | 5.87 | 5.90 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.05 | -0.07 | -0.08 | -0.12 | 0.18 | -0.32 | -0.17 | -0.30 | -0.30 | -0.27 | -0.26 | |
| 0.05 | 0.05 | 0.08 | 0.07 | 0.31 | 4.95 | 0.00 | 0.04 | -0.08 | 0.01 | -3.31 | -0.83 | |
| 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | -1.02 | 0.31 | 0.27 | 0.23 | 0.23 | 0.19 | 0.00 | |
| Net Cash Flow | 0.04 | 0.01 | 0.02 | 0.01 | 0.20 | 4.11 | -0.01 | 0.14 | -0.16 | -0.07 | -3.39 | -1.09 |
| Free Cash Flow | -0.03 | -0.05 | -0.07 | -0.08 | -0.12 | 0.18 | -0.32 | -0.17 | -0.30 | -0.30 | -0.27 | -0.26 |
| CFO/OP | -150% | -250% | -700% | -800% | -86% | 7% | 1,700% | 273% | 273% | -49% | 108% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1.78% | 1.17% | 0.58% | 0.29% | 2.07% | 42.08% | -0.51% | -0.35% | -2.10% | -1.98% | 8.45% | -2.78% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Investment in Mutual Funds Rs. Lakhs |
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| Investment in Quoted Equity Shares Rs. Lakhs |
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| Number of Permanent Employees Absolute |
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| Total Value of Non-Current Investments Rs. Lakhs |
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Requires Premium
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Documents
Announcements
-
Closure of Trading Window
25 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results announcement for March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Feb - Newspaper Publication for Special Window for Transfer and Dematerialization of Physical Securities.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Feb - Newspaper Publication of Unaudited Financial Results for Quarter and Nine Months ended 31.12.2025
-
Utilization Certificate On Preferential Issue
6 Feb - Unaudited Q3/9M results for period ended 31-Dec-2025; limited review; Rs4,25,41,650 preferential-issue utilization certificate.
- Unaudited Financial Result For The Quarter Ended 31.12.2025 6 Feb
Annual reports
-
Financial Year 2025
from bse
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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 bse
Business Overview:[1]
GSL is a Non-Systematically Important Non-Deposit Taking Non-Banking Finance company which is mainly in the business of investments