GFL Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 24, 2025, 12:39 am

Market Cap	661 Cr.
Current Price	60.7
High / Low	126/47.2
Stock P/E
Book Value	229
Dividend Yield	0.00 %
ROCE	1.89 %
ROE	2.96 %
Face Value	1.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for GFL Ltd

Competitors of GFL Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujchem Distillers India Ltd	137 Cr.	385	541/214	1,718	390	0.00 %	0.22 %	0.10 %	1.00
Elantas Beck India Ltd	9,149 Cr.	11,541	14,980/8,150	67.5	1,094	0.06 %	23.0 %	17.4 %	10.0
Crestchem Ltd	50.7 Cr.	169	350/120	18.6	24.9	0.30 %	59.3 %	44.1 %	10.0
Chemiesynth (Vapi) Ltd	11.0 Cr.	35.8	35.8/0.00		35.8	0.00 %	2.99 %	0.99 %	10.0
Archit Organosys Ltd	88.1 Cr.	43.0	61.0/34.2	17.4	33.7	0.00 %	10.8 %	7.57 %	10.0
Industry Average	5,602.75 Cr	1,872.39		165.51	333.76	0.31%	14.03%	10.63%	7.41

All Competitor Stocks of GFL Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1	1	1	1	1	1	1	1	1	1	1	1	1
Expenses	0	0	0	1	56	15	0	0	24	31	4	0	22
Operating Profit	0	0	0	0	-55	-14	0	0	-23	-30	-3	0	-21
OPM %	44%	32%	44%	5%	-6,884%	-1,639%	60%	53%	-2,921%	-3,694%	-325%	52%	-2,543%
Other Income	-28	57	-40	-40	2,450	0	26	1	0	0	0	5	0
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	-28	57	-40	-40	2,395	-14	27	2	-23	-30	-3	5	-21
Tax %	1%	0%	0%	0%	6%	-11%	12%	16%	-11%	-11%	1,219%	15%	-14%
Net Profit	-28	57	-40	-40	2,258	-12	24	1	-20	-27	-35	5	-18
EPS in Rs	-1.10	2.28	-3.64	-1.60	205.48	-1.11	2.16	0.13	-1.86	-2.41	-3.22	0.42	-1.66

Last Updated: May 31, 2025, 9:11 am

Below is a detailed analysis of the quarterly data for GFL Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 1.00 Cr..
For Expenses, as of Mar 2025, the value is 22.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Dec 2024) to 22.00 Cr., marking an increase of 22.00 Cr..
For Operating Profit, as of Mar 2025, the value is -21.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.00 Cr. (Dec 2024) to -21.00 Cr., marking a decrease of 21.00 Cr..
For OPM %, as of Mar 2025, the value is -2,543.00%. The value appears to be declining and may need further review. It has decreased from 52.00% (Dec 2024) to -2,543.00%, marking a decrease of 2,595.00%.
For Other Income, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.00 Cr. (Dec 2024) to 0.00 Cr., marking a decrease of 5.00 Cr..
For Interest, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.00 Cr..
For Depreciation, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.00 Cr..
For Profit before tax, as of Mar 2025, the value is -21.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.00 Cr. (Dec 2024) to -21.00 Cr., marking a decrease of 26.00 Cr..
For Tax %, as of Mar 2025, the value is -14.00%. The value appears to be improving (decreasing) as expected. It has decreased from 15.00% (Dec 2024) to -14.00%, marking a decrease of 29.00%.
For Net Profit, as of Mar 2025, the value is -18.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.00 Cr. (Dec 2024) to -18.00 Cr., marking a decrease of 23.00 Cr..
For EPS in Rs, as of Mar 2025, the value is -1.66. The value appears to be declining and may need further review. It has decreased from 0.42 (Dec 2024) to -1.66, marking a decrease of 2.08.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 5:29 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	3,431	5,310	6,972	6,288	3,893	2,969	1,908	117	2	2,454	4	3
Expenses	2,832	4,275	5,668	5,127	3,147	2,504	1,301	188	-230	34	12	52
Operating Profit	599	1,035	1,303	1,161	745	464	607	-71	232	2,420	-8	-49
OPM %	17%	19%	19%	18%	19%	16%	32%	-61%	10,762%	99%	-238%	-1,467%
Other Income	44	294	91	-92	112	1,279	-246	69	-475	-47	0	0
Interest	179	219	218	279	279	167	219	253	0	0	0	0
Depreciation	200	285	325	349	299	169	264	283	0	0	0	0
Profit before tax	264	826	852	441	279	1,408	-123	-538	-243	2,372	-8	-48
Tax %	14%	19%	29%	51%	14%	4%	93%	-20%	0%	6%	-7%	56%
Net Profit	231	667	609	215	240	1,349	-236	-430	-244	2,235	-8	-76
EPS in Rs	16.93	53.25	36.33	8.02	23.07	118.73	-11.23	-21.08	-10.12	204.58	-0.69	-6.88
Dividend Payout %	21%	7%	10%	44%	15%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	188.74%	-8.70%	-64.70%	11.63%	462.08%	-117.49%	-82.20%	43.26%	1015.98%	-100.36%	-850.00%
Change in YoY Net Profit Growth (%)	0.00%	-197.44%	-56.00%	76.32%	450.46%	-579.58%	35.29%	125.46%	972.73%	-1116.34%	-749.64%

GFL Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-52%
5 Years:	-72%
3 Years:	15%
TTM:	-6%

Compounded Profit Growth
10 Years:	%
5 Years:	6%
3 Years:	%
TTM:	-899%

Stock Price CAGR
10 Years:	-4%
5 Years:	-9%
3 Years:	-2%
1 Year:	-21%

Return on Equity
10 Years:	6%
5 Years:	-2%
3 Years:	-2%
Last Year:	-3%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 12:06 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	11	11	11	11	11	11	11	11	11	11	11	11
Reserves	3,286	4,224	4,443	4,507	4,756	5,966	2,168	362	342	2,591	2,583	2,510
Borrowings	2,302	2,565	2,973	3,308	2,019	1,220	2,837	2,856	2,948	0	0	0
Other Liabilities	1,482	2,563	3,053	3,105	2,966	4,334	4,571	655	733	139	138	165
Total Liabilities	7,082	9,363	10,479	10,931	9,753	11,531	9,586	3,883	4,035	2,741	2,732	2,686
Fixed Assets	3,729	4,231	4,600	3,505	3,813	2,052	3,146	3,083	3,087	3	2	2
CWIP	763	403	238	410	724	522	85	57	26	0	0	0
Investments	369	159	404	678	524	149	28	22	167	2,705	2,696	2,650
Other Assets	2,221	4,570	5,236	6,338	4,691	8,808	6,327	721	755	34	34	33
Total Assets	7,082	9,363	10,479	10,931	9,753	11,531	9,586	3,883	4,035	2,741	2,732	2,686

Below is a detailed analysis of the balance sheet data for GFL Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 11.00 Cr..
For Reserves, as of Mar 2025, the value is 2,510.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,583.00 Cr. (Mar 2024) to 2,510.00 Cr., marking a decrease of 73.00 Cr..
For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 165.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 138.00 Cr. (Mar 2024) to 165.00 Cr., marking an increase of 27.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 2,686.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,732.00 Cr. (Mar 2024) to 2,686.00 Cr., marking a decrease of 46.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 2.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Mar 2025, the value is 2,650.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,696.00 Cr. (Mar 2024) to 2,650.00 Cr., marking a decrease of 46.00 Cr..
For Other Assets, as of Mar 2025, the value is 33.00 Cr.. The value appears to be declining and may need further review. It has decreased from 34.00 Cr. (Mar 2024) to 33.00 Cr., marking a decrease of 1.00 Cr..
For Total Assets, as of Mar 2025, the value is 2,686.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,732.00 Cr. (Mar 2024) to 2,686.00 Cr., marking a decrease of 46.00 Cr..

Notably, the Reserves (2,510.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	542	149	379	732	952	996	1,214	-156	89	402	0	0
Cash from Investing Activity +	-471	248	-1,470	-674	589	-956	-608	61	-160	-241	-0	-1
Cash from Financing Activity +	-93	659	136	53	-1,668	-79	-629	56	85	-184	0	0
Net Cash Flow	-22	1,056	-955	110	-127	-40	-23	-39	15	-23	0	-0

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	597.00	-1.00	-1.00	-2.00	743.00	463.00	605.00	-73.00	230.00	2.00	-8.00	-49.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	103	101	128	151	161	182	190	12	55	4,951	0	22
Inventory Days	217	167	150	104	173	736	416	40	624
Days Payable	166	167	149	149	181	471	459	386	7,006
Cash Conversion Cycle	155	101	129	105	153	447	148	-334	-6,326	4,951	0	22
Working Capital Days	79	64	91	106	128	167	576	-25	-318	-31,829	5	3,253
ROCE %	18%	8%	11%	13%	11%	6%	19%	5%	-2%	6%	-1%	-0%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%	68.72%
FIIs	4.30%	4.46%	4.09%	4.16%	4.29%	3.84%	3.52%	1.81%	0.39%	0.39%	0.45%	0.23%
DIIs	2.05%	2.05%	2.05%	2.05%	2.05%	2.05%	2.05%	2.05%	2.05%	2.06%	2.05%	2.05%
Public	24.93%	24.76%	25.14%	25.06%	24.93%	25.39%	25.70%	27.40%	28.84%	28.80%	28.76%	29.00%
No. of Shareholders	19,964	19,839	21,546	21,616	22,063	22,605	22,337	23,724	23,669	26,948	28,518	29,102

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Aditya Birla Sun Life Midcap Fund	2,249,803	0.48	20.33	2,249,803	2025-04-22 15:56:58	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	-0.69	203.46	-22.17	-39.14	-21.53
Diluted EPS (Rs.)	-0.69	203.46	-22.17	-39.14	-21.53
Cash EPS (Rs.)	0.25	208.49	4.40	-13.87	2.59
Book Value[Excl.RevalReserv]/Share (Rs.)	236.16	236.85	67.69	64.50	290.56
Book Value[Incl.RevalReserv]/Share (Rs.)	236.16	236.85	67.69	64.50	290.56
Revenue From Operations / Share (Rs.)	0.29	0.29	62.42	9.74	172.74
PBDIT / Share (Rs.)	0.20	0.09	21.18	8.30	55.80
PBIT / Share (Rs.)	0.19	0.09	-5.57	-17.49	31.75
PBT / Share (Rs.)	0.19	223.15	-29.02	-40.94	11.81
Net Profit / Share (Rs.)	0.25	208.49	-22.35	-39.66	-21.46
NP After MI And SOA / Share (Rs.)	-0.68	204.68	-10.13	-21.09	-11.23
PBDIT Margin (%)	69.42	32.73	33.93	85.20	32.30
PBIT Margin (%)	68.76	32.13	-8.92	-179.55	18.37
PBT Margin (%)	68.76	76025.87	-46.48	-420.38	6.83
Net Profit Margin (%)	87.90	71029.76	-35.80	-407.22	-12.42
NP After MI And SOA Margin (%)	-236.93	69732.26	-16.22	-216.61	-6.50
Return on Networth / Equity (%)	-0.29	86.41	-31.51	-62.19	-5.66
Return on Capital Employeed (%)	0.08	0.03	-1.68	-5.49	5.89
Return On Assets (%)	-0.27	82.02	-2.75	-5.96	-1.28
Long Term Debt / Equity (X)	0.00	0.00	0.19	0.12	0.01
Total Debt / Equity (X)	0.00	0.00	0.24	0.18	0.06
Current Ratio (X)	64.27	32.34	0.87	0.59	1.61
Quick Ratio (X)	64.27	32.34	0.83	0.57	1.61
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	-38.45
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	33.69
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	138.45
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	66.31
Interest Coverage Ratio (X)	0.00	1507.86	0.90	0.36	2.80
Interest Coverage Ratio (Post Tax) (X)	0.00	-194803.71	0.04	-0.33	1.07
Enterprise Value (Cr.)	744.31	523.17	1284.31	1229.66	1996.04
EV / Net Operating Revenue (X)	232.99	162.26	1.87	11.50	1.05
EV / EBITDA (X)	335.58	495.66	5.52	13.49	3.26
MarketCap / Net Operating Revenue (X)	233.38	162.65	1.26	8.47	0.46
Retention Ratios (%)	0.00	0.00	0.00	0.00	138.45
Price / BV (X)	0.28	0.20	2.45	2.43	0.40
Price / Net Operating Revenue (X)	233.39	162.66	1.26	8.47	0.46
EarningsYield	-0.01	4.29	-0.12	-0.25	-0.13

After reviewing the key financial ratios for GFL Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is -0.69. This value is below the healthy minimum of 5. It has decreased from 203.46 (Mar 23) to -0.69, marking a decrease of 204.15.
For Diluted EPS (Rs.), as of Mar 24, the value is -0.69. This value is below the healthy minimum of 5. It has decreased from 203.46 (Mar 23) to -0.69, marking a decrease of 204.15.
For Cash EPS (Rs.), as of Mar 24, the value is 0.25. This value is below the healthy minimum of 3. It has decreased from 208.49 (Mar 23) to 0.25, marking a decrease of 208.24.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 236.16. It has decreased from 236.85 (Mar 23) to 236.16, marking a decrease of 0.69.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 236.16. It has decreased from 236.85 (Mar 23) to 236.16, marking a decrease of 0.69.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 0.29. There is no change compared to the previous period (Mar 23) which recorded 0.29.
For PBDIT / Share (Rs.), as of Mar 24, the value is 0.20. This value is below the healthy minimum of 2. It has increased from 0.09 (Mar 23) to 0.20, marking an increase of 0.11.
For PBIT / Share (Rs.), as of Mar 24, the value is 0.19. This value is within the healthy range. It has increased from 0.09 (Mar 23) to 0.19, marking an increase of 0.10.
For PBT / Share (Rs.), as of Mar 24, the value is 0.19. This value is within the healthy range. It has decreased from 223.15 (Mar 23) to 0.19, marking a decrease of 222.96.
For Net Profit / Share (Rs.), as of Mar 24, the value is 0.25. This value is below the healthy minimum of 2. It has decreased from 208.49 (Mar 23) to 0.25, marking a decrease of 208.24.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -0.68. This value is below the healthy minimum of 2. It has decreased from 204.68 (Mar 23) to -0.68, marking a decrease of 205.36.
For PBDIT Margin (%), as of Mar 24, the value is 69.42. This value is within the healthy range. It has increased from 32.73 (Mar 23) to 69.42, marking an increase of 36.69.
For PBIT Margin (%), as of Mar 24, the value is 68.76. This value exceeds the healthy maximum of 20. It has increased from 32.13 (Mar 23) to 68.76, marking an increase of 36.63.
For PBT Margin (%), as of Mar 24, the value is 68.76. This value is within the healthy range. It has decreased from 76,025.87 (Mar 23) to 68.76, marking a decrease of 75,957.11.
For Net Profit Margin (%), as of Mar 24, the value is 87.90. This value exceeds the healthy maximum of 10. It has decreased from 71,029.76 (Mar 23) to 87.90, marking a decrease of 70,941.86.
For NP After MI And SOA Margin (%), as of Mar 24, the value is -236.93. This value is below the healthy minimum of 8. It has decreased from 69,732.26 (Mar 23) to -236.93, marking a decrease of 69,969.19.
For Return on Networth / Equity (%), as of Mar 24, the value is -0.29. This value is below the healthy minimum of 15. It has decreased from 86.41 (Mar 23) to -0.29, marking a decrease of 86.70.
For Return on Capital Employeed (%), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 10. It has increased from 0.03 (Mar 23) to 0.08, marking an increase of 0.05.
For Return On Assets (%), as of Mar 24, the value is -0.27. This value is below the healthy minimum of 5. It has decreased from 82.02 (Mar 23) to -0.27, marking a decrease of 82.29.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Current Ratio (X), as of Mar 24, the value is 64.27. This value exceeds the healthy maximum of 3. It has increased from 32.34 (Mar 23) to 64.27, marking an increase of 31.93.
For Quick Ratio (X), as of Mar 24, the value is 64.27. This value exceeds the healthy maximum of 2. It has increased from 32.34 (Mar 23) to 64.27, marking an increase of 31.93.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 3. It has decreased from 1,507.86 (Mar 23) to 0.00, marking a decrease of 1,507.86.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 3. It has increased from -194,803.71 (Mar 23) to 0.00, marking an increase of 194,803.71.
For Enterprise Value (Cr.), as of Mar 24, the value is 744.31. It has increased from 523.17 (Mar 23) to 744.31, marking an increase of 221.14.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 232.99. This value exceeds the healthy maximum of 3. It has increased from 162.26 (Mar 23) to 232.99, marking an increase of 70.73.
For EV / EBITDA (X), as of Mar 24, the value is 335.58. This value exceeds the healthy maximum of 15. It has decreased from 495.66 (Mar 23) to 335.58, marking a decrease of 160.08.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 233.38. This value exceeds the healthy maximum of 3. It has increased from 162.65 (Mar 23) to 233.38, marking an increase of 70.73.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 0.28. This value is below the healthy minimum of 1. It has increased from 0.20 (Mar 23) to 0.28, marking an increase of 0.08.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 233.39. This value exceeds the healthy maximum of 3. It has increased from 162.66 (Mar 23) to 233.39, marking an increase of 70.73.
For EarningsYield, as of Mar 24, the value is -0.01. This value is below the healthy minimum of 5. It has decreased from 4.29 (Mar 23) to -0.01, marking a decrease of 4.30.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of GFL Ltd as of June 24, 2025 is: 82.97

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 24, 2025, GFL Ltd is Undervalued by 36.69% compared to the current share price 60.70

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of GFL Ltd as of June 24, 2025 is: 142.98

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 24, 2025, GFL Ltd is Undervalued by 135.55% compared to the current share price 60.70

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 72.33%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (3,144.83 cr) compared to borrowings (1,919.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (12.83 cr) and profit (142.08 cr) over the years.	The stock has a low average ROCE of 7.83%, which may not be favorable. The stock has a high average Working Capital Days of 70.42, which may not be favorable. The stock has a high average Cash Conversion Cycle of 77.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in GFL Ltd:
1. Net Profit Margin: 87.9%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 0.08% (Industry Average ROCE: 14.03%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -0.29% (Industry Average ROE: 10.63%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 64.27
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 165.51)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

GFL Ltd. is a Public Limited Listed company incorporated on 04/02/1987 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65100MH1987PLC374824 and registration number is 009362. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 3.32 Cr. and Equity Capital is Rs. 10.99 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Chemicals - Organic - Others	Ceejay House, 7th Floor, Dr. Annie Besant Road, Mumbai Maharashtra 400018	secretarial@inoxmovies.com http://www.gfl.co.in

Management
Name	Position Held
Mr. Devendra Kumar Jain	Chairman & Managing Director
Mr. Pavan Kumar Jain	Non Executive Director
Mr. Siddharth Jain	Non Executive Director
Ms. Vanita Bhargava	Independent Director
Mr. Shashi Kishore Jain	Independent Director
Ms. Girija Balakrishnan	Independent Director

FAQ

What is the intrinsic value of GFL Ltd?

GFL Ltd's intrinsic value (as of 24 June 2025) is ₹82.97 — 36.69% higher the current market price of 60.70, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 661 Cr. market cap, FY2025-2026 high/low of ₹126/47.2, reserves of 2,510 Cr, and liabilities of 2,686 Cr.

What is the Market Cap of GFL Ltd?

The Market Cap of GFL Ltd is 661 Cr..

What is the current Stock Price of GFL Ltd as on 24 June 2025?

The current stock price of GFL Ltd as on 24 June 2025 is 60.7.

What is the High / Low of GFL Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of GFL Ltd stocks is ₹126/47.2.

What is the Stock P/E of GFL Ltd?

The Stock P/E of GFL Ltd is .

What is the Book Value of GFL Ltd?

The Book Value of GFL Ltd is 229.

What is the Dividend Yield of GFL Ltd?

The Dividend Yield of GFL Ltd is 0.00 %.

What is the ROCE of GFL Ltd?

The ROCE of GFL Ltd is 1.89 %.

What is the ROE of GFL Ltd?

The ROE of GFL Ltd is 2.96 %.

What is the Face Value of GFL Ltd?

The Face Value of GFL Ltd is 1.00.