Geojit Financial Services Ltd (GEOJITFSL) AI Stock Analysis

• Market Cap: ₹18.96B
• Dividend Yield: 1.88%
• Average Volume (3M): 49.46K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 1.64
• Revenue Growth: -11.33%
• EPS Growth: -40.39%
• Country: IN
• Employees: 2,568
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.46
• Shares Outstanding: 279,122,130
• 10 Day Avg. Volume: 33,059
• 30 Day Avg. Volume: 49,461
• PEG Ratio: 0.89
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 3.38
• P/FCF Ratio: 13.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ₹76.00 ▲(0.24% Upside)

Geojit Financial Services Ltd's strong financial performance is the primary driver of its stock score, supported by solid revenue growth and profitability. Technical analysis indicates neutral momentum, while valuation metrics suggest the stock is fairly valued. The absence of earnings call and corporate events data did not impact the score.

Positive Factors

Diversified Revenue Model

Geojit's multi-pronged revenue model — brokerage, mutual fund distribution, portfolio management and third‑party partnerships — provides durable fee income and cross‑sell opportunities. This diversification reduces dependence on any single product and supports stable revenue mix over time.

High and Improving Profitability

Sustained high gross margins and improving net margins point to structural operational efficiency and pricing power in core services. Robust margins enhance cash generation potential and provide a buffer to invest in technology, client acquisition and product expansion over the medium term.

Strong Capitalization and Low Leverage

A materially strengthened equity base and very low leverage provide financial flexibility to fund growth, withstand market downturns, and pursue strategic investments or partnerships without pressure to raise costly external debt, supporting long‑term resilience.

Negative Factors

Cash Flow Volatility

Intermittent swings between cash deficits and surpluses indicate inconsistent cash conversion despite recent improvement. Persistent volatility can constrain sustainable reinvestment, dividends and buffer against cyclical revenue drops, requiring tighter working capital and planning.

Earnings Per Share Contraction

A large negative EPS growth rate signals material pressure on per‑share earnings, which may stem from cyclical revenue swings, one‑offs, or dilution. Continued EPS weakness could limit reinvestment capacity and investor confidence, affecting long‑term capital allocation choices.

Revenue Sensitivity to Market Activity

Heavy reliance on transaction‑based brokerage income ties revenues to market volumes and investor sentiment. Structural declines in trading activity or regulatory/market structure changes could materially reduce fee income and increase revenue cyclicality over the medium term.

Geojit Financial Services Ltd Business Overview & Revenue Model

Company Description

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 offers 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. The company was founded in 1987 and is based in Kochi, India.

How the Company Makes Money

Geojit Financial Services Ltd generates revenue through multiple streams, primarily from brokerage fees earned on stock and commodity trading activities. The company charges clients a commission for each trade executed through its platform. Additionally, Geojit earns money from mutual fund distribution by charging a fee for managing clients' investments in mutual funds. Portfolio management services also contribute to the company's revenue, as clients pay fees for personalized investment strategies and management. Furthermore, Geojit has established partnerships with various financial institutions and asset management companies, which help expand its product offerings and reach, thereby enhancing its earnings potential. Overall, the combination of brokerage income, advisory fees, and mutual fund commissions forms the core of Geojit's revenue model.

Geojit Financial Services Ltd Financial Statement Overview

Summary

Geojit Financial Services Ltd shows strong financial performance with consistent revenue growth and improved profitability metrics. The balance sheet is solid with low leverage, though cash flow variability suggests a need for better cash management.

Income Statement

Geojit Financial Services Ltd has demonstrated strong financial performance with consistent revenue growth from ₹2,586 million in 2020 to ₹7,477 million in 2025. The company has maintained a healthy gross profit margin, reaching 81.4% in 2025. Net profit margin improved to 22.4% in 2025, indicating efficient cost management and profitability enhancement. EBIT and EBITDA margins have also shown stability, reflecting robust operational efficiency.

Balance Sheet

The balance sheet of Geojit Financial Services Ltd is solid, with a substantial increase in stockholders' equity from ₹5,041 million in 2020 to ₹11,585 million in 2025. The debt-to-equity ratio is low at 0.13, signaling prudent financial leverage. The equity ratio stands at 56.9%, showing a strong capitalization structure. However, the company should continue monitoring its asset management to optimize returns.

Cash Flow

Geojit Financial Services Ltd's cash flow performance is mixed. The operating cash flow has improved significantly to ₹1,667 million in 2025 from a deficit in 2024. Free cash flow has turned positive, reflecting better cash management. However, fluctuations in cash flows over the years highlight the need for consistent cash flow generation and strategic financial planning.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.61B	5.84B	4.98B	3.54B	4.29B	3.74B
Gross Profit	2.38B	2.57B	2.30B	1.43B	2.31B	2.03B
EBITDA	2.58B	2.86B	2.38B	1.56B	2.32B	1.92B
Net Income	1.51B	1.68B	1.45B	971.77M	1.51B	1.23B
Balance Sheet
Total Assets	0.00	20.36B	20.20B	13.21B	14.15B	11.68B
Cash, Cash Equivalents and Short-Term Investments	0.00	2.28B	2.30B	1.31B	1.66B	1.87B
Total Debt	0.00	2.66B	7.63B	1.92B	794.21M	364.65M
Total Liabilities	-12.43B	7.93B	11.09B	5.24B	6.48B	5.09B
Stockholders Equity	12.43B	11.59B	8.32B	7.23B	6.97B	5.92B
Cash Flow
Free Cash Flow	0.00	1.42B	-1.43B	149.66M	626.88M	-1.28B
Operating Cash Flow	0.00	1.67B	-1.24B	376.87M	830.60M	-1.20B
Investing Cash Flow	0.00	-205.88M	-147.62M	-165.92M	-148.50M	887.29M
Financing Cash Flow	0.00	-1.25B	2.10B	-605.75M	-260.55M	-313.83M

Geojit Financial Services Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 75.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GEOJITFSL, the sentiment is Negative. The current price of 75.82 is above the 20-day moving average (MA) of 70.80, above the 50-day MA of 72.57, and below the 200-day MA of 76.39, indicating a bearish trend. The MACD of -1.86 indicates Positive momentum. The RSI at 41.77 is Neutral, neither overbought nor oversold. The STOCH value of 41.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GEOJITFSL.

Geojit Financial Services Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GEOJITFSL	73 Outperform	₹18.96B	20.19	―	1.88%	-11.33%	-40.39%
SMCGLOBAL	70 Outperform	₹16.13B	16.50	―	0.70%	-5.03%	-54.73%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BIRLAMONEY	63 Neutral	₹7.06B	14.39	―	―	-6.37%	-24.10%
IVC	61 Neutral	₹2.41B	13.79	―	9.62%	―	―
CAPTRUST	38 Underperform	₹679.03M	-1.47	―	―	-26.63%	-1320.85%