---
title: "Gandhinagar Leasing & Finance Ltd (511489) — Share Price, Financials & Analysis"
symbol: "511489"
company: "Gandhinagar Leasing & Finance Ltd"
canonical: "https://tapetide.com/stocks/511489"
isin: "INE202J01015"
bse_code: "511489"
generated_at: "2026-10-13T10:57:56.957Z"
---

# Gandhinagar Leasing & Finance Ltd (511489)

Canonical page: https://tapetide.com/stocks/511489

## Company

- **BSE Code:** 511489
- **ISIN:** INE202J01015
- **Stock Type:** EQUITY
- **Listed Since:** 2010-09-02
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gllfl.in

## About

Gandhinagar Leasing & Finance Ltd. offers financial services in India. The company engages in hire purchase, stock trading and securities investing.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 1.02% over last 3 years.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -114% | 0% |
| revenue growth | -100% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 |
| Expenses | 1.15 | 1.16 | 1.16 | 1.16 | 1.16 | 1.16 | 1.16 | 1.16 | 1.15 | 1.16 |
| Operating Profit | 0 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | 0 | -0.01 |
| OPM % | 0 | -0.87 | -0.87 | -0.87 | -0.87 | -0.87 | -0.87 | -0.87 | 0 | -0.87 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | 0 | -0.01 |
| Tax % | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 |
| Net Profit | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 |
| EPS in Rs | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.93 | 0.01 | 0 | 0.02 | 0 | 0.33 | 0 | 4.6 |
| Expenses | 0.95 | 0.02 | 0.01 | 0.02 | 0.01 | 0.09 | 0.03 | 4.63 |
| Operating Profit | -0.02 | -0.01 | -0.01 | 0 | -0.01 | 0.24 | -0.03 | -0.03 |
| OPM % | -2.15 | -100 | — | 0 | — | 72.73 | — | -0.65 |
| Other Income | -0.01 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0 | 0 |
| Profit before tax | -0.05 | -0.03 | -0.03 | 0 | -0.03 | 0.22 | -0.03 | -0.03 |
| Tax % | 0 | 0 | 0 | — | 0 | 0 | 0 | — |
| Net Profit | -0.05 | -0.03 | -0.03 | 0 | -0.03 | 0.22 | -0.03 | -0.04 |
| EPS in Rs | — | — | — | — | -0.05 | 0.37 | -0.05 | -0.08 |
| Dividend Payout % | 0 | 0 | 0 | — | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5.96 | 5.97 | 5.97 | 5.97 | 5.96 | 5.96 | 5.96 |
| Reserves | -0.78 | -0.81 | -0.84 | -0.84 | -0.86 | -0.64 | -0.67 |
| Borrowings | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| Other Liabilities | 0.07 | 0.07 | 0.06 | 0.05 | 0.05 | 0.14 | 0.16 |
| Total Liabilities | 5.26 | 5.24 | 5.2 | 5.19 | 5.16 | 5.46 | 5.45 |
| Fixed Assets | 0.2 | 0.18 | 0.16 | 0.15 | 0.14 | 0.12 | 0.82 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.86 | 0.3 | 0.43 | 0.43 | 0.43 | 1.73 | 1.73 |
| Other Assets | 3.2 | 4.76 | 4.61 | 4.61 | 4.59 | 3.61 | 2.9 |
| Total Assets | 5.26 | 5.24 | 5.2 | 5.19 | 5.16 | 5.46 | 5.45 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.41 | -1.57 | -0.08 | -0.29 | -0.01 | 0.03 | — |
| Cash from Investing Activity | -0.3 | 1.56 | -0.13 | 0 | 0 | 0 | — |
| Cash from Financing Activity | 0 | 0.02 | 0 | 0 | 0 | 0 | — |
| Net Cash Flow | 0.11 | 0.01 | -0.21 | -0.29 | -0.01 | 0.03 | — |
| Free Cash Flow | 0.41 | -1.57 | -0.08 | -0.29 | -0.01 | 0.03 | — |
| CFO/OP | -2050 | 15700 | 800 | — | 100 | 12 | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 196.24 | 82125 | — | 40150 | — | 0 | — |
| Inventory Days | 117.74 | 8395 | — | — | — | — | — |
| Days Payable | 23.55 | 2190 | — | — | — | — | — |
| Cash Conversion Cycle | 290.43 | 88330 | — | 40150 | — | 0 | — |
| Working Capital Days | 1024.35 | 151840 | — | 82672.5 | — | 1128.18 | — |
| ROCE % | — | -0.58 | -0.58 | 0 | -0.59 | 4.22 | -0.57 |

## Shareholding Pattern

### annual

| Category | Jun 2016 |
| --- | --- |
| Promoters | 66.23% |
| Public | 33.77% |
| No. of Shareholders | 4729 |

### Quarterly

| Category | Jun 2016 |
| --- | --- |
| Promoters | 66.23% |
| Public | 33.77% |
| No. of Shareholders | 4729 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 16.82 | Sell |
| EMA (10) | 16.75 | Sell |
| SMA (20) | 18.1 | Sell |
| EMA (20) | 17.58 | Sell |
| SMA (50) | 18.78 | Sell |
| EMA (50) | 18.63 | Sell |
| SMA (100) | 19.97 | Sell |
| EMA (100) | 19.78 | Sell |
| SMA (200) | 22.2 | Sell |
| EMA (200) | 22.06 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.46 | Neutral |
| MACD (12,26,9) | -0.92 | Sell |
| Stochastic (14,3,3) | 10.71 | Buy |
| ADX (14) | 23.97 | Neutral |
| Williams %R (14) | -77.91 | Neutral |
| ATR (14) | 0.76 | High Volatility |
| ROC (12) | -14.63 | Sell |
| Stoch RSI (14) | 37.42 | Neutral |
| UO (7,14,28) | 37.22 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2024-01-03 | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ff8c627-80d0-4c07-aabd-61410df0cca0.pdf) |
| 2023-12-21 | [Results-Delay in Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/447a18eb-471b-439d-856d-faa964550084.pdf) |
| 2023-05-16 | [PCS CERTIFICATE FOR TRANSFER / TRANSMISSION / TRANSPORTATION](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96b1bad6-1277-49e6-b5ec-793c55045356.pdf) |
| 2022-08-22 | [Results-Delay in Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebe425de-e882-420b-9b92-4ee7884ecb0c.pdf) |
| 2021-11-18 | [FINANCIAL RESULTS FOR DATE 30.09.2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e74da3b-012e-471a-94de-fc3dfd94c4f3.pdf) |
| 2017-01-18 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4461AF64_5193_4773_BA78_A1488522FE9D_111845.pdf) |
| 2017-01-18 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/1/4461AF64_5193_4773_BA78_A1488522FE9D_111845.pdf) |
| 2016-11-09 | [Board Meeting Intimation for Results & Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20921FF0_E249_4A0B_B745_AE21D16BF745_170604.pdf) |
| 2016-11-09 | [Board Meeting Intimation for Results & Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/11/20921FF0_E249_4A0B_B745_AE21D16BF745_170604.pdf) |
| 2016-08-10 | [Board Meeting Intimation for Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7B8F2E4F_48A2_4369_8B7D_6D6073EC3E99_164948.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/780012/7800120317.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/780012/7800120315.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/511489/5114890312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/511489/5114890311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/511489/5114890310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:56.957Z.