Capital Markets
Valuation | |
|---|---|
| Market Cap | 2 kCr |
| Price/Earnings (Trailing) | 21.23 |
| Price/Sales (Trailing) | 3.01 |
| EV/EBITDA | 11.19 |
| Price/Free Cashflow | 15.61 |
| MarketCap/EBT | 16.21 |
| Enterprise Value | 1.92 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 7.2% |
| Price Change 1M | -1.4% |
| Price Change 6M | -0.40% |
| Price Change 1Y | -21.1% |
| 3Y Cumulative Return | 17.2% |
| 5Y Cumulative Return | 5.9% |
| 7Y Cumulative Return | 10.8% |
| 10Y Cumulative Return | 7.8% |
| Revenue (TTM) |
| 663.87 Cr |
| Rev. Growth (Yr) | -7% |
| Earnings (TTM) | 98.32 Cr |
| Earnings Growth (Yr) | -62.3% |
Profitability | |
|---|---|
| Operating Margin | 20% |
| EBT Margin | 19% |
| Return on Equity | 7.83% |
| Return on Assets | 4.86% |
| Free Cashflow Yield | 6.41% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -20.59 Cr |
| Cash Flow from Operations (TTM) | 166.75 Cr |
| Cash Flow from Financing (TTM) | -124.52 Cr |
| Cash & Equivalents | 77.64 Cr |
| Free Cash Flow (TTM) | 142.14 Cr |
| Free Cash Flow/Share (TTM) | 5.09 |
Balance Sheet | |
|---|---|
| Total Assets | 2.02 kCr |
| Total Liabilities | 769.47 Cr |
| Shareholder Equity | 1.26 kCr |
| Net PPE | 52.87 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 8.64 |
| Interest/Cashflow Ops | 7.29 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1.5 |
| Dividend Yield | 2.2% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 16.7% |
Technicals: Bullish SharesGuru indicator.
Dividend: Dividend paying stock. Dividend yield of 2.2%.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Past Returns: In past three years, the stock has provided 17.2% return compared to 13% by NIFTY 50.
Profitability: Recent profitability of 15% is a good sign.
Insider Trading: Significant insider selling noticed recently.
Technicals: Bullish SharesGuru indicator.
Dividend: Dividend paying stock. Dividend yield of 2.2%.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Past Returns: In past three years, the stock has provided 17.2% return compared to 13% by NIFTY 50.
Profitability: Recent profitability of 15% is a good sign.
Insider Trading: Significant insider selling noticed recently.
Investor Care | |
|---|---|
| Dividend Yield | 2.2% |
| Dividend/Share (TTM) | 1.5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 3.37 |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 45.64 |
| RSI (5d) | 90.02 |
| RSI (21d) | 46.76 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Geojit Financial Services's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q2 FY '26 earnings call for Geojit Financial Services, management provided insights into the company's performance and strategic outlook. For Q2, total income reached INR 172.95 crores, marking a 13% increase from the previous quarter but a 21% decline year-on-year. The breakdown included INR 81.64 crores from equity and equity-related activities (down 6% quarter-on-quarter and 37% year-on-year) and INR 62.33 crores from financial products (up 66% quarter-over-quarter and 12% year-over-year).
Management highlighted the significant rise in insurance distribution income, which soared 343% from the June quarter to INR 27.37 crores, contributing to an overall premium collection of INR 128 crores compared to INR 86 crores in the same period last year. Notably, PBT fell to INR 30.3 crores, a 60% drop from the prior year, primarily due to increased expenses related to employee hiring and marketing.
Looking ahead, management emphasized their strategy to enhance the distribution network by increasing the workforce, particularly in sales, and investing in IT capabilities, with a focus on the emerging wealth management sector, particularly in the Middle East. They indicated that regulatory changes have not adversely affected their core operations in equity but did see a minor impact on derivatives.
Management expressed optimism about growth in margin funding due to increased market activities and noted that they are expanding their client base beyond Kerala, which currently contributes approximately 35% of revenues. Overall, they are prioritizing sustainable growth through strategic investments, leveraging their technology, and enhancing client relationships.
Understand Geojit Financial Services ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| C J George | 19.53% |
| Kerala State Industrial Development Corporation | 8.36% |
| BNP Paribas SA | 7.44% |
| Rekha Jhunjhunwala | 7.2% |
| Bajaj Life Insurance Limited | 4.84% |
| ICICI Prudential Life Insurance Company Limited | 4.48% |
| Punnoose George | 4.19% |
Detailed comparison of Geojit Financial Services against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| MOTILALOFS | Motilal Oswal Financial Services | 46.35 kCr | 7.93 kCr | -9.80% | +9.90% | 22.83 | 5.84 | - | - |
| ANGELONE | ANGEL ONE |
Comprehensive comparison against sector averages
GEOJITFSL metrics compared to Capital
| Category | GEOJITFSL | Capital |
|---|---|---|
| PE | 21.23 | 24.73 |
| PS | 3.01 | 4.31 |
| Growth | -14.9 % | -8.2 % |
Geojit Financial Services Limited, an investment services company, provides broking and financial services in India, Oman, Kuwait, the United Arab Emirates, and Saudi Arabia. The company operates through Financial Services and Software Services segments. The Financial Services segment provides brokerage, depository, financial products distribution, portfolio management, and other related services. The Software Services segment develops and maintains software. The company was formerly known as Geojit BNP Paribas Financial Services Limited and changed its name to Geojit Financial Services Limited in February 2017. Geojit Financial Services Limited was founded in 1987 and is based in Kochi, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
GEOJITFSL vs Capital (2021 - 2026)
Question: "I have seen the income go up by 13% this quarter compared to the last, but the profit before tax has gone by 17%. What could be the reason behind this difference?" Answer: The increase in expenses, primarily due to hiring more employees for sales and IT infrastructure, significantly affected profits. We're investing strategically to strengthen our distribution capability and technology, which should yield results by year-end.
Question: "Could you also share a breakup of the insurance premium that is collected during the last quarter?" Answer: In Q2 FY '26, life insurance premium was INR 51 crores, renewals were INR 72 crores, and health insurance was INR 5 crores. Overall, we collected INR 128 crores compared to INR 86 crores the previous year.
Question: "What is the yield you have on the mutual fund distribution business? And what is the mix in terms of equity and debt?" Answer: The average yield on our mutual fund distribution, amounting to over INR 17,000 crores, is 0.76%. Compared to last year, it's roughly 7% lower due to changes in regulation concerning B30 enforcement.
Question: "Do you provide leverage for your clients and how has that changed in the last few quarters?" Answer: Regulatory changes affected derivatives mainly, not cash trades. We've seen an increase in derivatives volume, but our impact remains minimal due to our smaller footprint in that segment.
Question: "Can you elaborate on what led to the decline in brokerage revenues?" Answer: Brokerage revenue correlates directly with exchange volumes, which have declined in recent quarters compared to last year. This downward trend reflects in our overall business revenue.
Question: "What does the interest income from clients constitute?" Answer: Our interest income mainly comes from margin funding, along with fees from delayed payments, which we categorize as funding for T+5 clients.
Question: "What is the cash net worth for the company and how much is earmarked for margin funding?" Answer: Our net cash is INR 1,081 crores. About 65% to 70% is allocated for loan products and working capital, with the remainder invested in fixed deposits and mutual funds.
Question: "What is the revenue mix within Kerala versus outside Kerala?" Answer: Currently, approximately 35% of our income is generated from Kerala. As we expand, this percentage is likely to decrease as we grow our presence in other regions.
Question: "How much does Geojit Technologies contribute to software revenues, and what is the outlook?" Answer: Software income from Geojit Technologies stands at INR 1.5 crores, mainly from in-house development. The focus is largely internal, minimizing revenue from external sources currently.
Question: "How many employees are focused on technology?" Answer: We have around 180 employees dedicated to technology, with a slight increase in senior positions rather than junior ones in the recent financial year.
| Chander Bhatia | 2.02% |
| Equity Intelligence India Private Limited | 1.43% |
| Rajesh Seth | 1.42% |
| Jones George C | 1.33% |
| Jyotis Abraham George | 1.33% |
| Ann Susan John | 0.21% |
| Annie Vinod Manjila | 0.21% |
| Eldho Abraham | 0.02% |
| Jerin Lazar | 0.01% |
| Joel Lazar | 0.01% |
| Emali Rajan | 0.01% |
| Binoy Abraham | 0.01% |
| Sara Macheril George | 0.01% |
Distribution across major stakeholders
Distribution across major institutional holders
| 24.03 kCr |
| 4.74 kCr |
| +9.70% |
| +5.90% |
| 31.13 |
| 5.07 |
| - |
| - |
| 5PAISA | 5paisa Capital | 1.04 kCr | 305.82 Cr | -13.90% | -16.80% | 24.02 | 3.41 | - | - |
| -23% |
| 2.44 |
| 2.87 |
| 2.64 |
| 4.83 |
| 7.9 |
| 11 |
| Depreciation and Amortization | 13.8% | 10 | 8.91 | 8.41 | 8.04 | 7.7 | 7.51 |
| Fees and commission expenses | -10% | 19 | 21 | 20 | 24 | 21 | 30 |
| Impairment on financial instruments | -19.4% | 0.2 | 0.33 | 0.06 | 0.51 | 0.46 | 0.24 |
| Other expenses | 3% | 35 | 34 | 27 | 28 | 23 | 23 |
| Profit Before exceptional items and Tax | -17.2% | 25 | 30 | 37 | 40 | 48 | 76 |
| Exceptional items before tax | - | -8.96 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | -48.3% | 16 | 30 | 37 | 40 | 48 | 76 |
| Current tax | -37.3% | 5.69 | 8.48 | 9.49 | 8.71 | 12 | 20 |
| Deferred tax | -151.1% | -2.39 | -0.35 | -0.14 | 0.3 | 0.05 | -0.51 |
| Tax expense | -67.7% | 3.3 | 8.12 | 9.34 | 9 | 12 | 20 |
| Total profit (loss) for period | -40.9% | 14 | 23 | 29 | 32 | 37 | 57 |
| Other comp. income net of taxes | -51.6% | -0.41 | 0.07 | -0.17 | -0.67 | 0.12 | -0.03 |
| Total Comprehensive Income | -43.5% | 14 | 24 | 28 | 32 | 37 | 57 |
| Earnings Per Share, Basic | -170% | 0.46 | 0.8 | 0.99 | 1.12 | 1.31 | 2.34 |
| Earnings Per Share, Diluted | -170% | 0.46 | 0.8 | 0.99 | 1.12 | 1.3 | 2.34 |
| -53.5% |
| 227 |
| 487 |
| 342 |
| 414 |
| 363 |
| 246 |
| Other revenue from operations | -338.1% | 0.5 | 1.21 | 0.56 | 1.96 | 2.25 | 2.27 |
| Other income | 1944.4% | 185 | 10 | 8.27 | 1.76 | 2.28 | 1.42 |
| Total Expenses | -12.1% | 370 | 421 | 317 | 291 | 254 | 225 |
| Employee Expense | 16% | 240 | 207 | 147 | 129 | 110 | 101 |
| Finance costs | -73.9% | 4.92 | 16 | 8.03 | 5.16 | 3.03 | 2.94 |
| Depreciation and Amortization | -7.4% | 26 | 28 | 28 | 24 | 22 | 24 |
| Fees and commission expenses | -80.7% | 18 | 89 | 63 | 78 | 71 | 46 |
| Impairment on financial instruments | 7.4% | 0.25 | 0.19 | 2.56 | 1.92 | 1.97 | 0.58 |
| Other expenses | 0% | 81 | 81 | 69 | 54 | 45 | 50 |
| Profit Before exceptional items and Tax | -60.7% | 71 | 179 | 111 | 191 | 152 | 62 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | -10.2 |
| Total profit before tax | -60.7% | 71 | 179 | 111 | 191 | 152 | 52 |
| Current tax | -61.4% | 18 | 45 | 23 | 49 | 37 | 14 |
| Deferred tax | -3.2% | -0.61 | -0.56 | -1.3 | -0.81 | 0.74 | -0.02 |
| Tax expense | -63.6% | 17 | 45 | 21 | 48 | 38 | 14 |
| Total profit (loss) for period | 17.3% | 157 | 134 | 90 | 143 | 114 | 38 |
| Other comp. income net of taxes | -41.1% | -0.82 | -0.29 | -0.09 | -0.28 | 0.29 | -0.09 |
| Total Comprehensive Income | 16.5% | 156 | 134 | 89 | 143 | 114 | 38 |
| Earnings Per Share, Basic | 3.9% | 5.78 | 5.6 | 3.75 | 5.99 | 4.78 | 1.58 |
| Earnings Per Share, Diluted | 3.9% | 5.78 | 5.6 | 3.75 | 5.98 | 4.78 | 1.58 |
| 1.07 |
| - |
| 1.13 |
| 1.15 |
| 0.89 |
| Property, plant and equipment | 6.5% | 50 | 47 | - | 45 | 44 | 44 |
| Capital work-in-progress | 104.5% | 1.45 | 1.22 | - | 0.35 | 0.07 | 0 |
| Total non-financial assets | 7.9% | 152 | 141 | 0 | 147 | - | - |
| Total assets | -1.5% | 1,156 | 1,174 | - | 1,901 | 1,745 | 1,397 |
| Equity share capital | 0% | 28 | 28 | - | 24 | 24 | 24 |
| Total equity | -0.1% | 994 | 995 | - | 738 | 679 | 599 |
| Borrowings | -31.6% | 0 | 0.24 | - | 397 | 312 | 149 |
| Total financial liabilities | -11.9% | 149 | 169 | 0 | 1,136 | - | - |
| Provisions | 48.5% | 6.05 | 4.4 | - | 3.82 | 2.61 | 2.64 |
| Total non financial liabilities | 33.3% | 13 | 10 | 0 | 27 | - | - |
| Total liabilities | -9.6% | 162 | 179 | - | - | 1,066 | 798 |
| Total equity and liabilities | -1.5% | 1,156 | 1,174 | - | 1,901 | 1,745 | 1,397 |
| 195.6% |
| 87 |
| -89 |
| 40 |
| 76 |
| - |
| - |
| Proceeds from sales of PPE | 7.1% | 0.35 | 0.3 | 0.19 | 0.24 | - | - |
| Purchase of property, plant and equipment | 50% | 25 | 17 | 22 | 19 | - | - |
| Proceeds from sales of investment property | 15% | 384 | 334 | 263 | 133 | - | - |
| Purchase of investment property | 15.1% | 383 | 333 | 262 | 132 | - | - |
| Dividends received | 6.3% | 3.37 | 3.23 | 4.87 | 2.99 | - | - |
| Interest received | - | 1.06 | 0 | 0 | 0.5 | - | - |
| Other inflows/outflows of cash | - | 109 | 0 | 0 | 0 | - | - |
| Net Cashflows From Investing Activities | -670.7% | -109.9 | -13.39 | -17.96 | -10.43 | - | - |
| Proceeds from issuing shares | 24850% | 199 | 0.2 | 0.37 | 2.51 | - | - |
| Proceeds from borrowings | -171.9% | -167.24 | 235 | 29 | 33 | - | - |
| Payments of finance lease liabilities | - | - | 3.71 | 3.13 | 2.51 | - | - |
| Payments of lease liabilities | 50% | 16 | 11 | 10 | 8.6 | - | - |
| Dividends paid | 0% | 36 | 36 | 72 | 48 | - | - |
| Interest paid | 118.2% | 25 | 12 | 4.63 | 2.64 | - | - |
| Other inflows (outflows) of cash | - | -4.34 | 0 | 0 | 0.01 | - | - |
| Net Cashflows From Financing Activities | -129.2% | -49.15 | 173 | -60.15 | -25.6 | - | - |
| Net change in cash and cash eq. | -204.2% | -71.94 | 71 | -37.64 | 40 | - | - |
Analysis of Geojit Financial Services's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Wealth Management | 91.2% | 148 Cr |
| Other Services | 5.2% | 8.4 Cr |
| Unallocated | 3.5% | 5.7 Cr |
| Total | 162.2 Cr |