GFL LIMITED

BSE: GFLLIMITED500173ISIN INE538A01037

Financial Services
Holding Company

Share price

₹51.00-1.19 (-2.28%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹66.84
52W low: ₹37.07
Off 52W high: -23.70%
1M return: -7.89%
3M return: +2.00%
6M return: +5.42%
1Y return: -18.40%
20D avg volume: 3,958
50 DMA: ₹56.20
200 DMA: ₹49.27

Key ratios Consolidated

Market cap: ₹560.24 Cr
Current price: ₹51.00
52W high / low: ₹66.84 / ₹37.07
Face value: ₹1.00
P/E: 9.24
P/B: 0.22
EPS (TTM): ₹5.52
Book value / share: ₹233.47
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-0.34 Cr
Interest cover: —
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1.03	0.90	0.94	0.92	0.92	0.84	0.82	0.85	0.81	0.79	0.75	0.81
	0.08	0.06	0.07	0.07	0.10	0.09	0.08	0.09	0.08	0.30	0.07	0.08
	1.12	0.95	1.01	0.99	1.02	0.92	0.90	0.94	0.89	1.09	0.82	0.89
	0.75	0.73	0.41	0.40	0.42	0.48	0.40	0.33	0.34	0.37	0.36	0.34
	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.27	0.21	0.19	0.18	0.21	0.17	0.17	0.13	0.19	0.16	0.14	0.18
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
	0.47	0.51	0.22	0.21	0.20	0.30	—	—	—	—	—	—
	0.37	0.22	0.60	0.59	0.60	0.45	0.50	0.60	0.55	0.72	0.47	0.55
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.37	0.22	0.60	0.59	0.60	0.45	0.50	0.60	0.55	0.72	0.47	0.55
	1.27	4.31	2.21	2.49	-1.28	-2.98	—	—	—	—	—	—
	7.43	25.55	13.00	14.62	-8.16	-18.29	4.58	-35.35	-26.53	-20.49	1.44	23.68
	0.68	2.33	1.18	1.33	-0.74	-1.67	0.42	-3.22	-2.41	-1.87	0.14	2.15
Key metrics
	—	—	—	—	—	—	0.51	0.61	0.56	0.73	0.48	0.56
	—	—	—	—	—	—	62.20%	71.80%	69.10%	92.40%	64.00%	69.10%
	721.40%	2,838.90%	1,383.00%	1,589.10%	-887.00%	-2,177.40%	558.50%	-4,158.80%	-3,275.30%	-2,593.70%	192.00%	2,923.50%
	12.00%	7.10%	14.60%	8.20%	13.60%	6.30%	9.30%	4.90%	—	—	—	—
	191.10%	239.70%	183.80%	141.40%	69.20%	10.70%	218.10%	-249.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	3.79	3.68	3.32	3.19
	0.28	0.29	0.34	0.54
	4.07	3.97	3.65	3.73
	2.29	1.95	1.55	1.54
	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00
	0.85	0.79	0.66	0.63
	0.00	0.00	0.00	0.00
	0.04	0.02	0.02	0.02
	1.41	1.14	0.86	—
	1.78	2.02	2.11	2.20
	0.00	0.00	0.00	0.00
	1.78	2.02	2.11	2.20
	10.28	7.73	27.18	—
	60.60	45.02	-75.59	-7.57
	5.52	4.10	-6.88	-0.69
Key metrics
	—	—	—	2.22
	—	—	—	69.60%
	1,598.94%	1,223.40%	-2,276.80%	-237.30%
	10.50%	10.80%	4.10%	—
	—	159.60%	-898.50%	—
	—	0.41	0.50	—
	—	0.01	-0.01	—
	—	0.00	0.00	—
	—	-0.34	-0.11	—
Balance sheet
	—	2,737	2,686	—
	—	0.34	0.11	—
	—	0.29	0.22	—
	—	0.00	0.00	—
	—	0.00	0.01	—
	—	0.00	0.00	—
	—	2,565	2,521	—
Cash flow
	—	0.41	0.50	—
	—	-0.17	-0.96	—
	—	0.00	0.00	—
	—	0.00	0.00	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1.03	0.90	0.94	0.92	0.92	0.84	0.82	0.85	0.81	0.79	0.75	0.81
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.22	0.00	0.00
	1.03	0.90	0.94	0.92	0.92	0.84	0.82	0.85	0.81	1.00	0.75	0.81
	0.68	0.58	0.35	0.33	0.37	0.37	0.34	0.28	0.29	0.31	0.27	0.30
	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.27	0.21	0.19	0.18	0.21	0.17	0.17	0.13	0.19	0.15	0.14	0.18
	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.40	0.38	0.16	0.15	0.15	0.20	—	—	—	—	—	—
	0.36	0.31	0.59	0.59	0.56	0.47	0.48	0.57	0.51	0.69	0.48	0.51
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.36	0.31	0.59	0.59	0.56	0.47	0.48	0.57	0.51	0.69	0.48	0.51
	0.06	0.06	0.12	0.12	0.11	0.11	—	—	—	—	—	—
	0.30	0.25	0.48	0.46	0.44	0.36	0.39	-35.15	0.38	0.52	0.36	0.38
	0.03	0.02	0.04	0.04	0.04	0.03	0.04	-3.20	0.03	0.05	0.03	0.03
Key metrics
	—	—	—	—	—	—	0.48	0.57	0.51	0.69	0.48	0.51
	—	—	—	—	—	—	58.50%	67.10%	63.00%	87.30%	64.00%	63.00%
	29.10%	27.80%	51.10%	50.00%	47.80%	42.90%	47.60%	-4,135.30%	46.90%	65.80%	48.00%	46.90%
	12.00%	7.10%	14.60%	8.20%	13.60%	6.30%	9.30%	4.90%	—	—	—	—
	-31.80%	-30.60%	23.10%	101.30%	15.80%	-30.80%	8.30%	-9,350.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3.79	3.68	3.32	3.19	3.22	1.76
	0.00	0.00	0.00	0.22	0.00	0.42
	3.79	3.68	3.32	3.41	3.22	2.18
	1.94	1.64	1.28	1.32	2.25	1.41
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	0.85	0.79	0.66	0.63	1.23	0.79
	0.00	0.00	0.00	0.00	0.00	0.06
	0.00	0.00	0.00	0.00	0.00	0.00
	1.09	0.84	0.61	—	—	—
	1.85	2.04	2.04	2.09	0.97	0.77
	0.00	0.00	0.00	0.00	2,467	0.70
	1.85	2.04	2.04	2.09	2,468	1.47
	0.36	0.41	36.06	—	—	—
	1.49	1.63	-34.03	1.55	2,324	0.97
	0.13	0.15	-3.10	0.14	211.57	0.09
Key metrics
	—	—	—	2.09	2,468	1.53
	—	—	—	65.50%	76,637.00%	86.90%
	39.31%	44.30%	-1,025.00%	48.60%	72,176.40%	55.10%
	10.50%	10.80%	4.10%	-0.90%	83.00%	—
	—	104.80%	-2,295.50%	-99.90%	2,39,495.90%	—
	—	0.75	0.75	—	—	—
	—	0.46	-0.02	—	—	—
	—	0.00	0.00	—	—	—
	—	-0.33	-0.08	—	—	—
Balance sheet
	—	2,786	2,784	—	—	—
	—	0.33	0.08	—	—	—
	—	0.29	0.22	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.01	—	—	—
	—	0.00	0.00	—	—	—
	—	2,606	2,604	—	—	—
Cash flow
	—	0.75	0.75	—	—	—
	—	-0.50	-1.20	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +4.55%
Sales CAGR 5Y: —
Profit CAGR 3Y: -91.12%
Profit CAGR 5Y: —
Sales YoY (TTM): +10.50%
Profit YoY (TTM): +104.39%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +10.50%
Profit YoY (TTM): +205.91%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 68.73%

Quarter	September 2026	June 2026
Promoter %	68.73%	68.73%

Holder	Type	Holding	Previous	Change
SIDDHARTH JAIN	Promoter	43.50%	13.50%	+30.00%
PAVAN KUMAR JAIN	Promoter	12.16%	42.16%	-30.00%
NAYANTARA JAIN	Promoter	8.52%	8.52%	0.00%
MEENU BHANSHALI	Public	5.00%	5.00%	0.00%
INOX CHEMICALS LLP	Promoter Group	2.69%	2.69%	0.00%
BLUE DAIMOND PROPERTIES PRIVATE LIMITED	Public	1.97%	—	—
SIDDHO MAL TRADING LLP	Promoter Group	1.84%	1.84%	0.00%
ISHITA JAIN	Promoter	0.02%	0.02%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finserv Limited	2,81,162	1,755.00	12.87	—	+15.67% TTM	+13.50% TTM	-15.34%
Bajaj Holdings & Investment Limited	1,16,259	10,446.15	12.32	—	-6.95% TTM	+8.58% TTM	-13.49%
Choice International Ltd	16,617	745.90	63.05	17.80%	+33.18% TTM	+39.68% TTM	-7.83%
Edelweiss Financial Services Ltd.	11,548	122.00	16.22	—	+13.96% TTM	+28.73% TTM	+9.81%
JM Financial Limited	10,905	113.95	9.82	—	-5.25% TTM	+6.26% TTM	-31.15%
Kama Holdings Limited	6,896	2,149.05	3.18	—	+12.91% TTM	+50.72% TTM	-27.24%
Rane Holdings Ltd.	2,123	1,486.95	16.64	16.20%	+25.82% TTM	-50.72% TTM	-5.06%
BF Investment Limited	1,501	398.45	3.85	—	+22.65% TTM	+398.66% TTM	-14.60%
Balmer Lawrie Investments Ltd.	1,429	64.38	5.09	—	+8.80% TTM	+3.57% TTM	-18.45%
ABANS FINANCIAL SERVICES LIMITED	1,031	201.30	7.45	11.20%	+427.79% TTM	+18.23% TTM	-0.35%
Max India Limited	827	146.80	-6.85	-20.40%	+61.46% TTM	+19.77% TTM	-30.79%
GFL LIMITED	560	51.00	9.24	—	+10.50% TTM	+205.91% TTM	-18.40%
NISUS FINANCE SERVICES CO LIMITED	437	183.15	—	26.90%	—	—	-47.59%
TAMBOLI INDUSTRIES LIMITED	303	305.30	28.51	11.10%	+14.87% TTM	+39.87% TTM	+103.33%
ALAN SCOTT ENTERPRISES LIMITED	166	291.00	-40.61	-7.60%	+4.60% TTM	-260.15% TTM	—
BIL VYAPAR LIMITED	13	4.20	-387.49	0.00%	—	-100.59% TTM	-63.06%

Filings & corporate actions

Recent announcements

We wish to inform you that on Thursday, October 15, 2026 the Company has received the Certified true copy of the final order pronounced by Hon''ble Tribunal (NCLT) after its hearing held ....16 Oct 2026 · Company Update / Scheme of Arrangement
Please find attached Certificate received from RTA M/s. MUFG Intime India Private Limited under Regulation 74(5) SEBI DP Regulation 2018.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of closure of Trading Window with effect from 1st October, 2026.29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We wish to inform you that the National Company Law Tribunal (Hon''ble court) has pronounced its order in the matter of scheme of Merger by Absorption of INOX Infrastructure Limited with ....28 Sep 2026 · Company Update / Scheme of Arrangement
Voting results along with scrutinizers report of 39th Annual General Meeting of the Company.24 Sep 2026 · AGM/EGM / AGM
Proceedings of 39th Annual General Meeting held on Wednesday, 23rd September, 2026 at 1:00 P.M. through Video Conferencing (''VC''")/ Other Audio Visual Means ("OAVM").24 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the Financial ....1 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed notice of 39th Annual General Meeting of Members of GFL Limited scheduled to be held on Wednesday, 23rd September 2026 at 1:00 P.M. through VC/OAVM.1 Sep 2026 · AGM/EGM / AGM
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddharth Jain27 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddharth Jain & Others25 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddharth Jain & Others25 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddharth Jain & Others25 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....18 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
Unaudited Standalone and Consolidated financial results for the quarter ended 30th June, 2026 alongwith the Limited Review Report.10 Aug 2026 · Result / Financial Results
Pursuant to Regulation 33 of the Listing Regulations, the Board of Directors of the Company at its Meeting held today have taken on record, the enclosed Unaudited Standalone and Consolidated ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Declaration of Postal Ballot Results along with Scrutinizer report.7 Aug 2026 · AGM/EGM / Postal Ballot
Declaration of Result of Postal ballot Notice dated 29 May, 20267 Aug 2026 · AGM/EGM / Postal Ballot
GFL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Unaudited Financial Results of the Company ....31 Jul 2026 · Board Meeting / Board Meeting
Please find attached herewith Newspaper Publication for Notice of Hearing of Company Petition.14 Jul 2026 · Company Update / Newspaper Publication
Please find the attached certificate received from RTA M/s. MUFG Intime India Private Limited under Regulation 74(5) of SEBI DP Regulations, 2018.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Postal Ballot Notice dated 29th may, 2026.6 Jul 2026 · AGM/EGM / Postal Ballot
Intimation of Closure of Trading Window with effect from 1st July, 2026.29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Re-Appointment of Mr. Shashi Kishore Jain(00443861) for second consecutive term of 5 years as Non- Executive Independent Director of the Company.29 May 2026 · Company Update / Change in Management
Please find enclosed Audited Financials of the Company for the period ended March 31, 2026 along with Auditors Report.29 May 2026 · Result / Financial Results
Pursuant to Regulation 33 of the Listing Regulations, the Board of Directors of the Company at its Meeting held today have taken on record, the enclosed Audited Standalone and Consolidated ....29 May 2026 · Board Meeting / Outcome of Board Meeting
GFL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Audited Standalone and Consolidated Financial ....22 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....10 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Please find attached the Certificate received from RTA M/s. MUFG Intime India Private Limited under Regulation 74(5) of SEBI DP Regulations, 2018.10 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Scrutnizer''s Report for the Postal Ballot Notice dated 12 February, 202627 Mar 2026 · AGM/EGM / Postal Ballot
Declaration of Results of Postal Ballot Notice dated 12 February, 202627 Mar 2026 · AGM/EGM / Postal Ballot
Intimation of Closure of Trading Window with effect from 1st April, 202627 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Clarification regarding Postal Ballot Notice dated February 12, 2026.19 Mar 2026 · Company Update / General
Intimation of Postal Ballot Notice: 1) To Consider and approve the appointment of Mrs. Ishita Jain(DIN: 09276232) as Non-Executive Director, 2)Change in designation of Mr. Pavan Kumar ....25 Feb 2026 · AGM/EGM / Postal Ballot
In terms of Regulation 30 of the SEBI Listing Regulations 2015, the Board has considered and approved Change in Designation of Mr. Pavan Kumar Jain from Non-Executive Director to Chairman ....12 Feb 2026 · Company Update / Change in Directorate
In terms of Regulation 30 of the SEBI Listing Regulations 2015, the Board of Directors of the Company has considered and approved the appointment of Mrs. Ishita Jain as Non-Executive Non-Independent ....12 Feb 2026 · Company Update / Change in Directorate
Pursuant to Regulation 30 of the SEBI Listing Regulation, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., on February 12th, 2026, has accorded ....12 Feb 2026 · Company Update / Scheme of Arrangement
Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2026 along with Limited Review Report are enclosed herewith.12 Feb 2026 · Result / Financial Results
pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), read with Part A of Schedule III of the SEBI ....12 Feb 2026 · Board Meeting / Outcome of Board Meeting
GFL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve Unaudited Financial Results of the Company ....5 Feb 2026 · Board Meeting / Board Meeting
Please find attached the Certificate received from RTA M/s. MUFG Intime India Private Limited under Regulation 74(5) of SEBI DP Regulation, 2015.14 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Board meetings

10 Aug 2026 Board Meeting - Financial Results