GSL Securities Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of GSL Securities Ltd?

GSL Securities Ltd is trading at 36.90 as of 13 April 2026, with a FY2026-2027 high of 61.8 and low of 25.2. The stock is currently in the middle of its 52-week range. Market cap stands at 15.8 Cr..

Q: Is GSL Securities Ltd financially healthy?

Key indicators: ROCE of 4.17 % is on the lower side. Dividend yield is 0.00 %.

Q: Is GSL Securities Ltd profitable and how is the profit trend?

GSL Securities Ltd reported a net profit of 0 Cr in Mar 2025 on revenue of 0 Cr. Compared to 0 Cr in Mar 2022, the net profit shows a mixed trend.

Fair Value

₹4.63Overvalued by 87.45%vs CMP ₹36.90

P/E (15.0) × ROE (2.8%) × BV (₹13.60) × DY (2.00%)

Defaults: P/E=15

₹7.69Overvalued by 79.16%vs CMP ₹36.90

MoS: -379.8% (Negative)Confidence: 50/100 (Moderate)Models: All 2: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹4.17	63%	Over (-88.7%)
Net Asset Value	Assets	₹13.55	38%	Over (-63.3%)
Consensus (2 models)		₹7.69	100%	Overvalued

Key Drivers: ROE 2.8% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -10.0% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

GSL Securities Ltd scores 41/100 (Weak)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health42/100 · Moderate

ROCE 4.2% WeakROE 2.8% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent

Smart Money60/100 · Moderate

Promoter increased by 3.70% Positive

Earnings Quality40/100 · Moderate

Working capital: 9,308 days Capital intensive

Quarterly Momentum40/100 · Moderate

Profit (4Q): -241% YoY Declining

Industry Rank30/100 · Weak

ROCE 4.2% vs industry 15.8% Below peersROE 2.8% vs industry 8.8% Below peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:43 am

Market Cap	15.8 Cr.
Current Price	36.9
Intrinsic Value	₹7.69
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
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 GSL Securities Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Minolta Finance Ltd	15.2 Cr.	1.52	1.66/1.00		1.07	0.00 %	0.40 %	0.09 %	1.00
Money Masters Leasing & Finance Ltd	5.72 Cr.	0.57	2.05/0.55	8.54	1.57	0.00 %	4.42 %	3.94 %	1.00
Moneyboxx Finance Ltd	435 Cr.	62.3	123/44.0		40.1	0.00 %	8.65 %	0.58 %	10.0
Moongipa Capital Finance Ltd	12.4 Cr.	13.5	24.7/12.0	10.2	26.6	0.00 %	12.1 %	9.43 %	10.0
Morarka Finance Ltd	20.9 Cr.	46.4	138/42.1	11.3	238	2.16 %	2.46 %	2.17 %	10.0
Industry Average	22,241.21 Cr	369.74		101.56	513.16	0.26%	15.81%	8.84%	8.50

All Competitor Stocks of GSL Securities Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	0.02	0.08	0.06	0.08	0.08	0.61	0.02	0.00	0.00	0.00	0.01	0.05	0.00
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
Expenses	0.09	0.08	0.09	0.05	0.06	0.07	0.10	0.05	0.03	0.09	0.08	0.11	0.27
Financing Profit	-0.07	0.00	-0.03	0.03	0.02	0.54	-0.08	-0.05	-0.03	-0.09	-0.07	-0.06	-0.27
Financing Margin %	-350.00%	0.00%	-50.00%	37.50%	25.00%	88.52%	-400.00%				-700.00%	-120.00%
Other Income	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
Depreciation	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
Profit before tax	-0.07	0.00	-0.03	0.03	0.02	0.54	-0.08	-0.05	-0.03	-0.09	-0.07	-0.06	-0.27
Tax %	0.00%		0.00%	0.00%	0.00%	16.67%	0.00%	0.00%	0.00%	-88.89%	0.00%	0.00%	0.00%
Net Profit	-0.07	0.00	-0.03	0.03	0.02	0.45	-0.08	-0.05	-0.03	-0.01	-0.07	-0.06	-0.27
EPS in Rs	-0.22	0.00	-0.09	0.09	0.06	1.38	-0.25	-0.15	-0.09	-0.03	-0.22	-0.18	-0.63
Gross NPA %
Net NPA %

Last Updated: March 3, 2026, 9:24 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 6:46 am

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	TTM
Revenue	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
Expenses	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%
Other Income	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%
Net Profit	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%

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 (%)	0.00%	-50.00%	0.00%	1000.00%	3254.55%	-100.81%	33.33%	-500.00%	8.33%	527.27%	-134.04%
Change in YoY Net Profit Growth (%)	0.00%	-50.00%	50.00%	1000.00%	2254.55%	-3355.36%	134.15%	-533.33%	508.33%	518.94%	-661.32%

GSL Securities 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:	-10%
5 Years:	-43%
3 Years:	-56%
TTM:	-99%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	-13%
TTM:	-138%

Stock Price CAGR
10 Years:	40%
5 Years:	71%
3 Years:	75%
1 Year:	268%

Return on Equity
10 Years:	5%
5 Years:	0%
3 Years:	1%
Last Year:	-3%

Last Updated: September 5, 2025, 3:40 pm

Balance Sheet

Last Updated: March 3, 2026, 3:05 am

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	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
Other Liabilities	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
Fixed Assets	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
Other Assets	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

Reserves and Borrowings Chart

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
Cash from Operating Activity +	-0.03	-0.05	-0.07	-0.08	-0.12	0.18	-0.32	-0.17	-0.30	-0.30	-0.27	-0.26
Cash from Investing Activity +	0.05	0.05	0.08	0.07	0.31	4.95	0.00	0.04	-0.08	0.01	-3.31	-0.83
Cash from Financing Activity +	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%

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	0.04	0.04	0.07	0.07	0.12	1.53	0.32	0.29	0.34	0.34	0.29	0.26

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Days
Days Payable
Cash Conversion Cycle	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Working Capital Days	0.00	0.00	45.62	-1,368.75	-758.08	57.29	809.84	730.00	793.48	809.35	199.88	9,307.50
ROCE %	1.78%	1.17%	0.58%	0.29%	2.64%	41.90%	0.00%	-0.17%	-1.92%	-1.98%	9.89%	-4.17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	40.94%	40.94%	40.94%	40.94%	40.94%	40.94%	40.94%	40.94%	40.94%	40.94%	40.94%	44.64%
Public	59.06%	59.06%	59.05%	59.06%	59.06%	59.04%	59.05%	59.05%	59.04%	59.06%	59.05%	55.38%
No. of Shareholders	3,816	3,814	3,800	3,812	3,799	3,801	3,905	4,036	4,036	3,979	3,901	3,883

Shareholding Pattern Chart

No. of Shareholders

GSL Securities Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-0.51	1.43	-0.35	-0.35	-0.05
Diluted EPS (Rs.)	-0.51	1.43	-0.35	-0.35	-0.05
Cash EPS (Rs.)	-0.50	1.43	-0.34	-0.35	-0.04
Book Value[Excl.RevalReserv]/Share (Rs.)	17.90	17.50	16.72	17.45	17.79
Book Value[Incl.RevalReserv]/Share (Rs.)	17.90	17.50	16.72	17.45	17.79
Revenue From Operations / Share (Rs.)	0.00	0.57	0.69	0.69	0.82
PBDIT / Share (Rs.)	-0.75	1.70	-0.34	-0.34	-0.04
PBIT / Share (Rs.)	-0.75	1.70	-0.34	-0.35	-0.04
PBT / Share (Rs.)	-0.75	1.70	-0.34	-0.35	-0.04
Net Profit / Share (Rs.)	-0.50	1.43	-0.34	-0.35	-0.04
PBDIT Margin (%)	0.00	295.24	-49.53	-50.42	-5.04
PBIT Margin (%)	0.00	295.08	-49.80	-50.99	-5.77
PBT Margin (%)	0.00	295.08	-49.80	-50.99	-5.77
Net Profit Margin (%)	0.00	248.95	-49.84	-51.04	-5.76
Return on Networth / Equity (%)	-2.83	8.18	-2.07	-2.02	-0.26
Return on Capital Employeed (%)	-4.15	9.67	-2.03	-2.02	-0.26
Return On Assets (%)	-2.80	8.15	-2.03	-1.98	-0.26
Asset Turnover Ratio (%)	0.00	0.03	0.03	0.03	0.04
Current Ratio (X)	0.00	0.00	0.00	48.89	47.33
Quick Ratio (X)	0.00	0.00	0.00	48.89	47.33
Enterprise Value (Cr.)	7.69	2.36	-2.18	-2.60	-3.36
EV / Net Operating Revenue (X)	0.00	12.61	-9.62	-11.54	-12.48
EV / EBITDA (X)	-31.51	4.27	19.42	22.89	247.54
MarketCap / Net Operating Revenue (X)	0.00	18.73	10.40	8.85	5.18
Price / BV (X)	1.33	0.61	0.43	0.35	0.24
Price / Net Operating Revenue (X)	0.00	18.75	10.40	8.86	5.18
EarningsYield	-0.02	0.13	-0.04	-0.05	-0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

GSL Securities Ltd. is a Public Limited Listed company incorporated on 29/03/1994 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65990MH1994PLC077417 and registration number is 077417. 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. 0.00 Cr. and Equity Capital is Rs. 3.25 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	1/25 &1/26, 1st Floor, Mumbai Maharashtra 400034	Contact not found

Management
Name	Position Held
Mr. Santkumar Bagrodia	Chairman & Managing Director
Mrs. Shailja Bagrodia	Non Executive Director
Mr. Machhindranath Patil	Independent Director
Mrs. Suvarna Shinde	Independent Director

FAQ

What is the intrinsic value of GSL Securities Ltd and is it undervalued?

As of 13 April 2026, GSL Securities Ltd's intrinsic value is ₹7.69, which is 79.16% lower than the current market price of ₹36.90, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (2.78 %), book value (₹13.6), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of GSL Securities Ltd?

GSL Securities Ltd is trading at ₹36.90 as of 13 April 2026, with a FY2026-2027 high of ₹61.8 and low of ₹25.2. The stock is currently in the middle of its 52-week range. Market cap stands at ₹15.8 Cr..

How does GSL Securities Ltd's P/E ratio compare to its industry?

GSL Securities Ltd has a P/E ratio of , which is below the industry average of 101.56. This is broadly in line with or below the industry average.

Is GSL Securities Ltd financially healthy?

Key indicators for GSL Securities Ltd: ROCE of 4.17 % is on the lower side compared to the industry average of 15.81%; ROE of 2.78 % is below ideal levels (industry average: 8.84%). Dividend yield is 0.00 %.

Is GSL Securities Ltd profitable and how is the profit trend?

GSL Securities Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹0 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows a mixed trend.

Does GSL Securities Ltd pay dividends?

GSL Securities Ltd has a dividend yield of 0.00 % at the current price of ₹36.90. The company is currently not paying meaningful dividends.