Gowra Leasing & Fin.
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Gowra Leasing & Finance's board on Saturday approved a proposal to borrow up to ₹65 crore from related parties through intercorporate loans and borrowings from directors. The funds will be drawn in tranches to support business operations. The proposal, which requires shareholder approval at the upcoming annual general meeting, comprises sub-limits of ₹57 crore via intercorporate loans and ₹33 crore from directors, with the total related-party borrowing capped at ₹65 crore. The board also approved the draft AGM notice and the directors' report for fiscal 2026.
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Gowra Leasing & Finance's board on Saturday approved a proposal to borrow up to ₹65 crore from related parties through intercorporate loans and borrowings from directors. The funds will be drawn in tranches to support business operations. The proposal, which requires shareholder approval at the upcoming annual general meeting, comprises sub-limits of ₹57 crore via intercorporate loans and ₹33 crore from directors, with the total related-party borrowing capped at ₹65 crore. The board also approved the draft AGM notice and the directors' report for fiscal 2026.
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What does Gowra Leasing & Fin. do?
Gowra Leasing & Finance Limited is a NBFC registered with Reserve Bank of India, categorized as a Loan Company serving mid corporate and retail customers. Its shares are listed in Bombay Stock Exchange.
Who are the competitors of Gowra Leasing & Fin.?
Gowra Leasing & Fin. major competitors are Leading Leasing Fin., Gemstone Investments, WSFX Global Pay, ACME Resources, Advik Capital, Panafic Industrials, Abhinav Capital Serv. Market Cap of Gowra Leasing & Fin. is ₹75 Crs. While the median market cap of its peers are ₹76 Crs.
Is Gowra Leasing & Fin. financially stable compared to its competitors?
Gowra Leasing & Fin. seems to be less financially stable compared to its competitors. Altman Z score of Gowra Leasing & Fin. is 3.89 and is ranked 5 out of its 8 competitors.
Does Gowra Leasing & Fin. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Gowra Leasing & Fin. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Gowra Leasing & Fin. balance sheet?
The companies balance sheet of Gowra Leasing & Fin. is weak, but was strong historically.
Is the profitablity of Gowra Leasing & Fin. improving?
Yes, profit is increasing. The profit of Gowra Leasing & Fin. is ₹5.8 Crs for TTM, ₹4.29 Crs for Mar 2025 and ₹2.21 Crs for Mar 2024.
Is Gowra Leasing & Fin. stock expensive?
Yes, Gowra Leasing & Fin. is expensive. Latest PE of Gowra Leasing & Fin. is 12.95, while 3 year average PE is 9.55. Also latest Price to Book of Gowra Leasing & Fin. is 1.11 while 3yr average is 0.96.
Has the share price of Gowra Leasing & Fin. grown faster than its competition?
Gowra Leasing & Fin. has given better returns compared to its competitors. Gowra Leasing & Fin. has grown at ~22.32% over the last 8yrs while peers have grown at a median rate of 7.22%
Is the promoter bullish about Gowra Leasing & Fin.?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 60.18% and last quarter promoter holding is 59.98%.
Are mutual funds buying/selling Gowra Leasing & Fin.?
There is Insufficient data to gauge this.