📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
Latest filing: 2026-08-10 18:08
0 analysed today
0
Today
143,669
All-time analysed
41,774
Positive
6,470
Negative
87,134
Neutral
8,223
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
2 announcements match the current filters (relevance ≥ 5).
GSFC Q1 FY27: Net Loss narrows to ₹19.68 Cr; 100% NPA ratio persists
Gujarat State Financial Corporation (GSFC) reported a net loss of ₹19.68 Cr for the quarter ended June 30, 2026, compared to a loss of ₹31.02 Cr in the year-ago period. The narrowing of the loss is primarily attributed to the Board's decision to stop accruing penal interest of ₹12.21 Cr on a ₹621.37 Cr government soft loan. The corporation remains in severe financial distress with a 100% Gross and Net NPA ratio and a massive negative net worth of ₹3,281.95 Cr. Statutory auditors have issued a qualified opinion, questioning the 'going concern' status of the entity.
Confidence: HIGH
What changedThe corporation has unilaterally discontinued providing for 2% penal interest on its defaulted government soft loan effective April 1, 2026, which reduced reported expenses by ₹12.21 Cr this quarter.
Why it mattersThe company is technically insolvent with a net worth erosion that is over 35 times its current market capitalization, and its entire loan book is classified as non-performing.
Net Loss (Q1 FY27): ₹19.68 CrGross NPA Ratio: 100%Unprovided Penal Interest: ₹12.21 CrNet Worth (Mar 2026): ₹-3,281.95 CrNet Worth vs Market Cap: -3567%
📅 Short termThe stock is likely to remain under pressure given the auditor's qualified opinion on 'going concern' and the lack of operational revenue growth.
📈 Long termLimited; the business model is currently non-functional with 100% NPAs, making the stock a speculative play on government restructuring or liquidation.
⚠ Risk flags
- Going concern qualification by auditors
- 100% NPA ratio
- Severe net worth erosion
- Liquidity problems and default in repayment obligations
Key Highlights
Net loss for Q1 FY27 stood at ₹19.68 Cr, showing a reduction from ₹31.02 Cr in Q1 FY26.
Gross and Net NPA ratios remain at 100%, with total NPA value at ₹397.44 Cr.
Interest expense decreased to ₹23.28 Cr from ₹35.02 Cr YoY, aided by non-provisioning of ₹12.21 Cr in penal interest.
Total income remained stagnant at ₹4.06 Cr compared to ₹4.08 Cr in the corresponding quarter last year.
Negative reserves and surplus reached ₹3,281.95 Cr as of March 31, 2026, against a market cap of just ₹92 Cr.
👀 What to Watch
Investors should monitor the Gujarat Government's response to the corporation's request for an interest waiver on the ₹621.37 Cr soft loan, as the current 'going concern' status is highly dependent on state support.
GSFC Reports Q1 Net Loss of ₹19.68 Cr; 100% NPA Ratio and Eroded Net Worth Persist
Gujarat State Financial Corporation (GSFC) reported a net loss of ₹19.68 Cr for the quarter ended June 30, 2026, compared to a loss of ₹31.02 Cr in the same quarter last year. The reduction in loss is primarily due to the company's decision to stop accruing ₹12.21 Cr in interest on a ₹621.37 Cr soft loan from the Gujarat government. The company remains in severe financial distress with a 100% Gross and Net NPA ratio and a negative net worth of ₹3,281.95 Cr. Statutory auditors have issued a qualified opinion, questioning the 'Going Concern' status of the corporation.
Confidence: HIGH
What changedStarting April 1, 2026, the corporation stopped accruing 2% default interest on its government soft loan, which reduced reported interest expenses by ₹12.21 Cr for the quarter.
Why it mattersThe corporation is technically insolvent with 100% NPAs and survives only as a statutory body; the auditor's 'Going Concern' qualification highlights the extreme risk to the entity's continued existence.
Net Loss (Q1 FY27): ₹19.68 CrGross NPA Ratio: 100%Unprovided Interest Expense: ₹12.21 CrNet Worth (FY26): ₹-3,281.95 CrTotal Income (Q1 FY27): ₹4.06 Cr
📅 Short termThe stock is likely to remain under pressure given the continued losses, 100% NPA status, and the auditor's qualified opinion on its viability.
📈 Long termThe long-term outlook is highly uncertain and depends entirely on government intervention or a complete overhaul of the corporation's lending and recovery functions.
⚠ Risk flags
- Eroded Net Worth
- 100% NPA Ratio
- Going Concern Qualification
- Default on Repayment Obligations
Key Highlights
Net loss for Q1 FY27 stood at ₹19.68 Cr, narrowing from ₹31.02 Cr in Q1 FY26.
Gross and Net NPA ratios remain at 100%, with total non-performing assets amounting to ₹397.44 Cr.
The company discontinued providing for ₹12.21 Cr in default interest on a government soft loan starting April 1, 2026.
Total income for the quarter was stagnant at ₹4.06 Cr compared to ₹4.08 Cr in the previous year's quarter.
Net worth is completely eroded, standing at negative ₹3,281.95 Cr as of March 31, 2026.
👀 What to Watch
Investors should monitor the Gujarat government's response to the corporation's request for an interest waiver on the ₹621.37 Cr soft loan and any potential state-led restructuring plans.
