GLFL - Guj. Lease Fin.

📊 NSE: GLFL 🏢 Finance & Investments 📅 Last Updated: 12/13/2025 22:41

💰 Financial Performance

Revenue Growth by Segment

The company has no operational segments. Interest income from bank deposits, the sole revenue source, was INR 41.97 lakhs in FY 2024-25, representing a 3% increase from INR 40.75 lakhs in FY 2023-24.

Geographic Revenue Split

100% of revenue is generated in India, primarily from interest on bank deposits held in domestic financial institutions.

Profitability Margins

Net profit for FY 2024-25 was INR 5.86 lakhs, a 32.49% decrease from INR 8.68 lakhs in FY 2023-24. Net worth is negative INR 3,122.19 lakhs as of March 31, 2025, with accumulated losses of INR 16,458.21 lakhs exceeding the equity share capital of INR 2,716.05 lakhs.

EBITDA Margin

Operating profit before working capital changes was negative INR 36.06 lakhs in FY 2024-25, compared to negative INR 39.22 lakhs in FY 2023-24, indicating a lack of core operational profitability.

Capital Expenditure

Historical capital expenditure for FY 2024-25 was INR 0.00 Cr, as the company has no operational activities or expansion plans.

Credit Rating & Borrowing

Credit rating is not disclosed; however, the company has no active borrowings and operates under a 2004 court-sanctioned scheme of compromise with 16 banks.

⚙️ Operational Drivers

Raw Materials

Not applicable as the company has no manufacturing or operational activities.

Import Sources

Not applicable.

Key Suppliers

Not applicable.

Capacity Expansion

Current installed capacity is zero; there are no planned expansions as the company is a non-going concern.

Raw Material Costs

Raw material costs are 0% of revenue due to the absence of operational activities.

Manufacturing Efficiency

Not applicable; capacity utilization is 0%.

Logistics & Distribution

Distribution costs are 0% of revenue as no products are sold.

📈 Strategic Growth

Expected Growth Rate

Growth Strategy

The company has no business plan and does not intend to have any business activity in the near future. Financial statements are prepared on a non-going concern assumption, focusing on stating assets at realizable value rather than business expansion.

Products & Services

The company currently offers no products or services to customers as it has no operational activities.

Brand Portfolio

Gujarat Lease Financing Limited (GLFL).

New Products/Services

New product launches are 0% of expected revenue; no development is underway.

Market Expansion

There are no market expansion plans; the company is focused on winding down operations.

Market Share & Ranking

Market share is 0% as the company is inactive in the financial services sector.

Strategic Alliances

No strategic alliances or JVs are currently active.

🌍 External Factors

Industry Trends

The company reflects the trend of legacy financial entities in India undergoing long-term liquidation or winding down under court-sanctioned schemes, with no current growth and a focus on asset realization.

Competitive Landscape

There is no competitive landscape as the company is not an active participant in the financial services market.

Competitive Moat

The company possesses no competitive moat or durable advantage, as it has no operations, no products, and a negative net worth of INR 3,122.19 lakhs.

Macro Economic Sensitivity

The company is highly sensitive to interest rate fluctuations, which directly impact its sole income source of INR 41.97 lakhs from bank deposits.

Consumer Behavior

Not applicable as there are no customers or products.

Geopolitical Risks

Geopolitical risks are negligible due to the lack of active business operations and international trade.

⚖️ Regulatory & Governance

Industry Regulations

The company is governed by a scheme of compromise and arrangement with a consortium of 16 banks sanctioned by the High Court of Gujarat on July 27, 2004. It must also comply with Ind AS and Companies Act requirements despite its non-going concern status.

Environmental Compliance

ESG compliance costs were INR 0.00 as there are no manufacturing or operational activities.

Taxation Policy Impact

The company reported no tax expense for FY 2024-25. Direct tax refunds/payments were INR 4.61 lakhs.

Legal Contingencies

The company is subject to the 2004 High Court of Gujarat sanctioned scheme of compromise and arrangement with 16 banks. As of September 30, 2025, total liabilities exceed total assets, and accumulated losses exceed net worth.

⚠️ Risk Analysis

Key Uncertainties

The primary risk is the material uncertainty regarding the entity's ability to continue as a going concern (100% impact), as it has no business plan and negative equity of INR 3,122.19 lakhs.