Geojit Financial Services Ltd. is a prominent investment services company in India, headquartered in Kochi, Kerala. Established in 1987 by C J George, it has grown to operate a comprehensive network of offices across India and the Middle East. The company's major stakeholders include its Managing Director C J George, global banking major BNP Paribas, Kerala State Industrial Development Corporation, and the late Rakesh Jhunjhunwala, highlighting its strong institutional backing and diverse ownership.
The company offers a wide array of financial services, including stock broking, mutual funds, portfolio management, insurance, and financial planning. It also provides crucial research, advisory, and wealth management services to its diverse client base. Geojit operates through two primary segments: Financial Services and Software Services. The Financial Services segment encompasses brokerage, depository services, financial products distribution, and portfolio management. The Software Services segment is dedicated to the development and maintenance of software solutions for its operations.
Geojit's product offerings are extensive, ranging from equities and derivatives to mutual funds, life and general insurance, commodities derivatives, and portfolio management services. The company provides comprehensive financial services, including online broking for equities, commodities, derivatives, and currency futures, alongside custody accounts, financial product distribution, and margin funding.
To facilitate trading and investment, Geojit offers innovative online platforms such as Flip, Selfie, and TraderX. Its Funds Genie platform is specifically designed for mutual fund investments, including goal planning and model portfolio creation, making it a versatile tool for investors.
The company boasts a robust retail presence, serving over 1.5 million customers through more than 500 branches and 2000+ business partners. Through strategic joint ventures and associates, Geojit has successfully expanded its global footprint, with offices in key international locations including Dubai, Abu Dhabi, Sharjah, Al Ain, Muscat, Riyadh, Dammam, Bahrain, and Kuwait.
The company's financial performance demonstrates consistent growth, albeit with quarterly fluctuations.
For the full year ended March 2025, Geojit Financial Services reported a net profit increase of 15.66% to ₹167.53 crore, up from ₹144.85 crore in the previous year (FY 2024). Sales for FY 2025 rose by 21.78% to ₹747.91 crore, compared to ₹614.13 crore in FY 2024.
In Q4 FY '25, the company achieved a total income of ₹177.48 crore. This contributed to a full-year growth of 20% in total income, reaching ₹749.32 crore, primarily driven by robust brokerage revenues and a significant rise in Assets Under Management (AUM) across mutual funds and insurance products.
However, the Net profit of Geojit Financial Services declined by 38.45% to ₹31.13 crore in Q4 FY25, compared to ₹50.58 crore in the previous quarter (Q4 FY24). Similarly, sales declined by 15.10% to ₹176.70 crore in Q4 FY25, down from ₹208.13 crore in Q4 FY24.
- Market Capitalization: ₹2,242.53 Crore (as of June 24, 2025)
- P/E Ratio: 13.39
- Dividend Yield: 1.78%
- 52-Week Range: High of ₹159.37 and Low of ₹60.73
Geojit is actively pursuing expansion, evidenced by the opening of 50 new branches and a strategic focus on acquiring high-net-worth individuals. While the company navigates challenges like rising operational costs and a prudent approach to derivatives trading, it is heavily investing in digital transformation initiatives. These initiatives are aimed at enhancing client acquisition and engagement, signaling a strategic pivot towards long-term investment growth and technology-driven service delivery.
A cornerstone of Geojit's strategic advantage is its long-standing partnership with BNP Paribas, the prominent French banking giant. In 2007, BNP Paribas acquired a significant stake, becoming the largest shareholder, which led to the company being renamed Geojit BNP Paribas Financial Services for a period. This collaboration has significantly bolstered Geojit's international presence and integrated global expertise into its operational framework.
Geojit's corporate structure includes key subsidiaries such as Geojit Credits Private Limited and Geojit Investment Services Limited. Geojit Credits, a subsidiary registered with the Reserve Bank of India as a Non-Banking Financial Company (NBFC), expands the company's offerings into lending services.
Geojit has consistently been a pioneer in the Indian financial services landscape. It was the first company in India to launch online-trading facilities and to develop innovative franchise models for sub-broking. Geojit was also a trailblazer in forming joint ventures in West Asia and initiated commodity futures trading in key agricultural and precious metal products like pepper, cardamom, gold, and silver in India. Its suite of innovative and user-friendly solutions includes Flip, Selfie, TraderX, an Online Financial Planning Tool, and FundsGenie.
The company maintains robust corporate governance practices, ensuring transparency and accountability. Promoter holding in Geojit Financial Services Ltd has shown an increase, rising to 55.06% as of March 2025 from 54.59% as of June 2024. Geojit Financial Services is a publicly listed entity, trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Geojit Financial Services continues to be a significant player in India's financial services sector, leveraging its strong retail presence, technological innovation, and strategic partnerships to serve a diverse client base across multiple financial products and services.
