Gujarat Lease Financing
Gujarat Lease Financing Limited is a publicly listed Indian NBFC (founded 1983, NSE: GLFL) based in Ahmedabad that has been effectively non-operational, reporting zero sales, negative net worth, and an RBI-cancelled Certificate of Registration.
- Company typePublic
- Founded1983
- HeadquartersAhmedabad, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Gujarat Lease Financing does
Gujarat Lease Financing Limited (NSE: GLFL) is an Ahmedabad-based, publicly listed Indian non-banking financial company originally incorporated in 1983 to provide lease financing services. Historically the parent of three wholly owned subsidiaries—GLFL Housing, GLFL Securities, and GLFL International—the group filed a scheme of amalgamation with NSE/BSE around 2018-2019 to consolidate these entities into the parent.
In recent fiscal years the company has been effectively non-operational. FY2025-26 reported zero sales with a marginal profit after tax of ₹4.71 lakh and a negative net worth of ₹403.46 lakh, reflecting deeply accumulated losses. RBI cancelled its Certificate of Registration as an NBFC, and the stock has repeatedly touched fresh 52-week lows through 2025. Headcount stands at 1–10 employees, and activity is limited to regulatory disclosures, board meetings, and annual general meeting proceedings (most recently the 43rd AGM on July 2, 2026).
The current business model consists almost entirely of public-market compliance: NSE/BSE filings under Regulation 30 of LODR, quarterly board meeting outcomes, and shareholder communications. There is no active product portfolio, no disclosed customer base, no pricing model, and no technology stack. Revenue is best characterized as pre-revenue with incidental non-operating income sufficient to marginally offset continuing losses.
Gujarat Lease Financing firmographics
Firmographics- Name
- Gujarat Lease Financing
- Legal name
- Gujarat Lease Financing Limited
- Website
- https://gujaratleasefinancing.co.in
- Company type
- Public
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Gujarat Lease Financing Limited is a publicly listed Indian NBFC (founded 1983, NSE: GLFL) based in Ahmedabad that has been effectively non-operational, reporting zero sales, negative net worth, and an RBI-cancelled Certificate of Registration.
- Ownership category
- akta.pro rank
Gujarat Lease Financing industry classification
Industry- Product category
- Non-Banking Financial Services
- NAICS
- Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)
- SIC
- Finance Lessors (6172)
- akta.pro primary industry
- Equipment Financing / Leasing (Venture-backed) (FSANAIAE)
- akta.pro secondary industry
- Leasing & Lease Buyout Financing (FSAKADAC)
Keywords
Where Gujarat Lease Financing is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Markets served
Gujarat Lease Financing business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Others, Personnel
Revenue model
- Lease Financing Services: The company appears to be non-operational or in severely limited operation with no sales reported for FY2025-26 or the March 2026 quarter. Profit after tax for FY2025-26 was ₹4.71 lakh with a negative net worth of ₹403.46 lakh, indicating significant accumulated losses.
Distribution channels1 record
Marketing channels2 records
Gujarat Lease Financing product offering
Product offeringCore offering
Gujarat Lease Financing Limited is a publicly listed Indian non-banking financial company (NBFC) historically engaged in lease financing. The company's Certificate of Registration was cancelled by the RBI, and it currently reports no sales for FY2025-26 with negative net worth of ₹403.46 lakh, indicating it is non-operational or in severely limited operation. Its activities are confined to regulatory filings, board meeting outcomes, and shareholder communications.
Product overview
Gujarat Lease Financing Limited is a non-banking financial company (NBFC) that operates in the lease financing sector. Based on the available source data, the company primarily publishes financial results, annual reports, and regulatory disclosures through its website. No specific product portfolio, service offerings, or distinct product modules are detailed in the provided source material. The company appears to be focused on financial reporting and shareholder communication rather than offering a defined set of technology products or services.
Differentiator
Problem solved
Functional benefit
Products and services
- Lease Financing
Companies that use Gujarat Lease Financing
Customer profileSegments1 record
Ideal customer profiles1 record
Gujarat Lease Financing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Gujarat Lease Financing partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Gujarat Lease Financing competitors and assessment
Company assessmentRegional players
- ICICI Securities: Listed Indian securities/brokerage firm — comparable to the function GLFL Securities previously performed within the GLFL group.
- HDFC (formerly Housing Development Finance Corporation): Pioneer Indian housing finance company — analogous to what GLFL's former subsidiary GLFL Housing was positioned to be, and the dominant listed housing-finance peer.
Broad incumbents
- Manappuram Finance: Indian NBFC with gold loans as core and diversified into vehicle finance and microfinance — comparable listed-NBFC structure though different product mix.
- LIC Housing Finance: Major Indian housing finance NBFC, listed on NSE/BSE. Relevant benchmark for the housing-finance leg that was historically consolidated within the GLFL group.
- Bajaj Finance: Largest Indian NBFC across consumer, SME, and commercial lending/leasing. Comparable broad-NBFC positioning, though vastly larger and more diversified than GLFL.
- L&T Finance Holdings: Diversified Indian NBFC with equipment finance, rural finance, and infrastructure lending — overlap with GLFL's lease/equipment finance heritage at larger scale.
Direct peers
- Cholamandalam Investment and Finance Company: Major Indian NBFC focused on vehicle finance, equipment leasing, and home equity — directly comparable line of business to GLFL's historical lease financing activity.
- Shriram Finance: Large Indian NBFC providing commercial vehicle finance, equipment leasing, and small-business lending. Same NBFC lease/equipment finance model as Gujarat Lease Financing.
- Mahindra & Mahindra Financial Services: NBFC arm of Mahindra Group providing vehicle and equipment finance/leasing to retail and SME customers in India — directly analogous operating model to GLFL.
- Sundaram Finance: One of India's oldest NBFCs specialising in vehicle/equipment lease financing and hire-purchase. Closely comparable to GLFL's original lease-financing mandate, though at vastly larger scale and still actively operating.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights4 records
Customer concentration
Gujarat Lease Financing social profiles
Digital presenceGujarat Lease Financing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gujarat Lease Financing leadership team
Management profileNumber of profiles
Profiles4 records
Gujarat Lease Financing subsidiaries and ownership
Company hierarchySubsidiaries3 records
Gujarat Lease Financing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gujarat Lease Financing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gujarat Lease Financing
What does Gujarat Lease Financing do?
Gujarat Lease Financing Limited is a publicly listed Indian non-banking financial company (NBFC) historically engaged in lease financing. The company's Certificate of Registration was cancelled by the RBI, and it currently reports no sales for FY2025-26 with negative net worth of ₹403.46 lakh, indicating it is non-operational or in severely limited operation. Its activities are confined to regulatory filings, board meeting outcomes, and shareholder communications.
Is Gujarat Lease Financing a public or private company?
Gujarat Lease Financing is a public company. It is classified as public and is currently operating.
When was Gujarat Lease Financing founded?
Gujarat Lease Financing was founded in 1983. It employs 1 to 10 people.
Where is Gujarat Lease Financing based?
Gujarat Lease Financing is headquartered in Ahmedabad, India, in the Asia region.
How does Gujarat Lease Financing make money?
One revenue line is on record: lease Financing Services.
Who are Gujarat Lease Financing's main competitors?
Regional players on record are ICICI Securities and HDFC (formerly Housing Development Finance Corporation). Broad incumbents are Manappuram Finance, LIC Housing Finance, Bajaj Finance and L&T Finance Holdings. Direct peers are Cholamandalam Investment and Finance Company, Shriram Finance, Mahindra & Mahindra Financial Services and Sundaram Finance.
Does Gujarat Lease Financing have an API?
No public API is recorded for Gujarat Lease Financing.
What industry is Gujarat Lease Financing in?
Gujarat Lease Financing's product category is Non-Banking Financial Services. Its primary akta.pro industry code is FSANAIAE, Equipment Financing / Leasing (Venture-backed), with a secondary code of FSAKADAC, Leasing & Lease Buyout Financing. Its NAICS code is 5324 and its SIC code is 6172.