Gujarat Lease Financing Limited (GLFL) AI Stock Analysis

Gujarat Lease Financing Limited

(NSE:GLFL)

Select Model

Rating:45Neutral

Price Target:INR 4.50▼(-14.12% Downside)

Action:reiterated

Date:10/16/26

The score is driven primarily by serious balance-sheet weakness and declining revenue, despite recent operating-cash-flow recovery. Weak technical momentum and an extremely high P/E ratio further limit the investment appeal.

Positive Factors

Return to ProfitabilityThe shift from large earlier losses to reported profits across 2023–2026 indicates improved earnings capacity and gives the business a stronger base for continued operations. If maintained, profitability can support internal funding and reduce dependence on external capital.

Negative Factors

Negative Shareholders’ EquityPersistently negative shareholders’ equity is a structural balance-sheet weakness that limits financial flexibility and reduces the company’s ability to absorb losses. It also constrains access to growth capital and leaves less protection for creditors if operating conditions deteriorate.

Gujarat Lease Financing Limited (GLFL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 137.80M
Dividend Yield: ―
Average Volume (3M): 1,567
Price to Earnings (P/E): 604.8
Beta (1Y): 0.20
Revenue Growth: -0.99%
EPS Growth: -49.30%
Country: India
Employees: 3
Sector: General
Sector Strength: 55
Industry: Shell Companies

Gujarat Lease Financing Limited Business Overview & Revenue Model

Company Description

Gujarat Lease Financing Limited currently maintains minimal operational activity. In the past, the company focused on providing a wide range of financial services. The firm was incorporated in 1983 and is based in Ahmedabad, India.

How the Company Makes Money

GLFL makes money primarily through an NBFC revenue model, where earnings are driven by the spread between (a) income generated from financial assets and (b) the company’s cost of funds and operating expenses. Key revenue streams typically include: (1...

Gujarat Lease Financing Limited Financial Statement Overview

Summary

Cash-flow recovery and strong gross margins are offset by declining revenue, inconsistent profitability, negative equity, and severe leverage risk. The balance-sheet score is floored at the required minimum of 37.

Income Statement

45Neutral

Balance Sheet

25Negative

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	4.20M	4.23M	4.21M	4.80M	2.88M	2.93M
Gross Profit	1.78M	3.32M	3.31M	-75.00K	1.97M	2.84M
EBITDA	272.00K	490.00K	1.48M	879.00K	-531.00K	-583.00K
Net Income	254.00K	471.00K	586.00K	868.00K	1.85M	-822.00K
Balance Sheet
Total Assets	0	64.23M	63.62M	62.79M	61.36M	59.36M
Cash, Cash Equivalents and Short-Term Investments	60.26M	60.26M	4.35M	60.56M	7.73M	53.52M
Total Debt	0	100.00M	100.00M	100.00M	100.00M	100.00M
Total Liabilities	40.35M	104.57M	104.23M	103.99M	103.72M	103.56M
Stockholders Equity	-40.35M	-40.35M	-40.61M	-41.20M	-42.36M	-44.20M
Cash Flow
Free Cash Flow	-2.02M	55.91M	-3.82M	-9.08M	1.84M	-3.39M
Operating Cash Flow	-2.01M	55.97M	-3.82M	-9.06M	1.87M	-3.39M
Investing Cash Flow	2.09M	-55.00K	4.11M	3.99M	2.84M	2.92M
Financing Cash Flow	0	0	0	0	0	0

Gujarat Lease Financing Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price5.24

Price Trends

50DMA5.47Negative

100DMA6.02Negative

200DMA6.42Negative

Market Momentum

MACD-0.14Positive

RSI49.31Neutral

STOCH35.73Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GLFL, the sentiment is Neutral. The current price of 5.24 is below the 20-day moving average (MA) of 5.28, below the 50-day MA of 5.47, and below the 200-day MA of 6.42, indicating a bearish trend. The MACD of -0.14 indicates Positive momentum. The RSI at 49.31 is Neutral, neither overbought nor oversold. The STOCH value of 35.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GLFL.

Gujarat Lease Financing Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:GLFL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:NAGREEKCAP	64Neutral	INR 301.13M	4.03	―	―	13.42%	-58.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:KHANDSE	55Neutral	INR 256.11M	-97.08	―	―	15.34%	86.44%
IN:LFIC	55Neutral	INR 197.25M	25.44	―	2.14%	-61.85%	-116.29%
IN:GLFL	45Neutral	INR 142.14M	604.76	―	―	-0.99%	-49.30%
IN:DCMFINSERV	42Neutral	INR 104.21M	-10.95	―	―	-28.72%	30.64%
IN:TCIFINANCE	40Underperform	INR 169.66M	-9.38	―	―	-92.80%	-152.68%

* General Sector Average

Performance Comparison

IN:GLFL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:GLFL	Gujarat Lease Financing Limited	5.24	-2.99	-36.33%
IN:DCMFINSERV	DCM Financial Services Limited	4.71	-0.57	-10.80%
IN:KHANDSE	Khandwala Securities Limited	16.79	-7.17	-29.92%
IN:NAGREEKCAP	Nagreeka Capital & Infrastructure Limited	23.87	-9.13	-27.67%
IN:TCIFINANCE	TCI Finance Limited	13.18	1.18	9.83%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 16, 2026

Gujarat Lease Financing Limited AI Stock Analysis