Company Overview

Gujarat Lease Financing Limited (GLFL) was incorporated on July 13, 1983, and is registered at the Registrar of Companies, Ahmedabad. The company is headquartered at 6th Floor, Hasubhai Chambers, Opp. Town Hall Ellisbridge, Ahmedabad, Gujarat, India - 380006. GLFL was originally formed as a wholly-owned subsidiary of the Gujarat Industrial Investment Corporation (GIIC) to provide financial services for the all-round development of industries in and around Gujarat.

The company commenced operations in 1985 and went public in 1990, reducing GIIC's stake to 51%. In 1994, GIIC entered into a joint-sector agreement with the Torrent group and reduced its stake to 26%, with the Torrent group holding 25%. The company was listed on the stock exchanges on December 5, 1994.

Current Business Status

Gujarat Lease Financing Limited currently does not have significant operations. Previously, it was involved in the provision of various financial services, including lease financing, but has since discontinued these activities. The company is focused on exploring avenues for restructuring of its capital and operations.

The company had three wholly owned subsidiaries—GLFL Housing Finance Limited, GLFL Securities Limited, and GLFL International Limited—which were amalgamated with the Company through the Scheme of Amalgamation effective from April 1, 2017. GLFL recovered Rs.344 lacs from charged assets and deposited them with member banks, resulting in the Company having no external debts at the end of the year.

Market Performance and Valuation

As of March 27, 2025, the market capitalization of Gujarat Lease Financing Ltd stood at Rs. 13.21 Cr. The stock has shown volatility with a 52-week high of Rs. 10.25 and a 52-week low of Rs. 3.99. Gujarat Lease Financing Ltd has given a return of 16.88% in the last 3 years. However, over the past 6 months, the share price has decreased by 29.52%, and in the last one year, it has decreased by 46.19%.

The stock trades on both NSE and BSE exchanges. The P/E (price-to-earnings) ratio stands at 203.78, while the P/B (price-to-book) ratio is -3.96, indicating the company's challenging financial position.

Financial Performance

The company's financial performance reflects its current operational challenges.

* Revenue: Rs. 0.11 Cr (as of December 2024, Q4 FY2024)

* Net Profit: Rs. 0.05 Cr (as of December 2024, Q4 FY2024)

Gujarat Lease Financing Ltd's net profit fell by -58.33% compared to the same period last year, registering Rs. 0.05 Cr in Q3 FY2024-2025. On a quarterly growth basis, the company saw a 150% jump in its net profits over the last 3 months.

As of July 25, 2025, the company reported a Q1 FY2026 loss of Rs. 5.86L, with accumulated losses exceeding net worth and no business operations planned. No sales were reported in the quarter ended December 2024, nor in the previous quarter ended December 2023.

Leadership and Governance

* Chairman: Animesh Mehta

* Company Secretary: Meera Keval Gudka

* Promoters: Raghu Parakh, Saurabh Rameshbhai Mashruwala, Leena Katdare, Luna Pal, Animesh Mehta, Narayan Meghani, and Meera Keval Gudka.

Promoter holding in Gujarat Lease Financing Ltd stands at 45.67% as of March 2025.

Stock Exchange Listing Details

Gujarat Lease Financing Ltd (GLFL) belongs to the Financials sector & Consumer Finance sub-sector. The company trades under the symbol GLFL on both NSE and BSE. G K Choksi & Co serves as the auditor for Gujarat Lease Financing Ltd. There is no promoter pledging in Gujarat Lease Financing Ltd.

The company continues to be actively listed and regulated, with regular board meetings and compliance with stock exchange requirements. Board meetings are held regularly, including a recent meeting on July 25, 2025, to approve Q1 June 30, 2025, unaudited financial results.