540097
Gamco financials
- Market cap
- ₹259 Cr
- Sector
- Financial Services
What Gamco Ltd does
GAMCO is a non-deposit-taking NBFC (RBI-registered) that operates a diversified portfolio spanning equity investments, real estate assets, warehousing infrastructure and glass manufacturing, run through wholly-owned subsidiaries and associate companies. It holds real estate interests in Uttar Pradesh (a residential project in Lucknow) and West Bengal, runs warehousing operations based in Dankuni, West Bengal, and holds a 33% stake in a greenfield glass-bottle manufacturing facility in Bhubaneswar, Odisha (Shalimar Gamco Glasses Pvt. Ltd.). It earns through capital gains/portfolio income on its listed-equity holdings alongside rental, development and manufacturing income from its real estate, warehousing and glass subsidiaries, and is also engaged in structured financing and secured lending as an NBFC.
Segments
- Equity investments
- Real estate assets
- Warehousing infrastructure
- Glass manufacturing
- Business verticals
- 4 (equity investments, real estate, warehousing, glass manufacturing)
- Unlisted subsidiary companies
- 6
- Associate companies
- 6
- Stake in glass-manufacturing JV (Shalimar Gamco Glasses Pvt. Ltd.)
- 33%
- Geographic footprint
- Real estate in Uttar Pradesh & West Bengal; warehousing in Dankuni, West Bengal; glass plant in Bhubaneswar, Odisha; HQ in Kolkata
- Employees
- 8 (6 male, 2 female)
Quarterly results
Q1 FY27: revenue up 113.5%, net profit up 120.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 2 | -6 | 52 | 68 +240% | 88 +4300% | 71 +1283% | 111 +113% |
| EBITDA | 16 | -5 | -21 | 22 | -6 −137% | 0 +100% | -42 −100% | 41 +86% |
| Net profit | 10 | -6 | -18 | 15 | -8 −180% | -4 +33% | -48 −167% | 33 +120% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +27.2% 1Y
1Y: ₹37.74 on 10 Sept 2025 → ₹48. High ₹51.29 (22 Jul 2026), low ₹34.56 (6 Mar 2026).
Financials, as filed
Revenue grew 49.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to -9.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹84 Cr | ₹211 Cr | ₹50 Cr | ₹279 Cr |
| Operating profit | ₹9 Cr | ₹45 Cr | ₹14 Cr | ₹-26 Cr |
| Operating margin | 11.0% | 21.3% | 28.0% | -9.3% |
| Interest | ₹2 Cr | ₹7 Cr | ₹9 Cr | ₹17 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹9 Cr | ₹33 Cr | ₹5 Cr | ₹-45 Cr |
| Net margin | 10.2% | 15.6% | 10.0% | -16.1% |
| Cash from operations | ₹0 Cr | ₹3 Cr | ₹-60 Cr | ₹-48 Cr |
| Free cash flow | ₹0 Cr | ₹3 Cr | ₹-62 Cr | ₹-50 Cr |
| ROCE | -14.0% | 49.0% | 10.0% | -9.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹2 Cr | ₹2 Cr | ₹13 Cr | ₹46 Cr | ₹94 Cr | ₹116 Cr |
| Borrowings | ₹0 Cr | ₹10 Cr | ₹64 Cr | ₹55 Cr | ₹212 Cr | ₹263 Cr |
| Other liabilities | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹9 Cr | ₹20 Cr | ₹47 Cr |
| Total liabilities | ₹7 Cr | ₹18 Cr | ₹82 Cr | ₹115 Cr | ₹337 Cr | ₹437 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹3 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Investments | ₹6 Cr | ₹6 Cr | ₹15 Cr | ₹90 Cr | ₹110 Cr | ₹272 Cr |
| Other assets | ₹1 Cr | ₹12 Cr | ₹67 Cr | ₹25 Cr | ₹222 Cr | ₹162 Cr |
| Total assets | ₹7 Cr | ₹18 Cr | ₹82 Cr | ₹115 Cr | ₹337 Cr | ₹437 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +1.54 pp while the public trimmed −1.53 pp. The shareholder count shrank 22% to 5,108.
- Promoters
- 72.0%
- Public
- 28.0%
Since Jun 2025
- Promoters +1.54 pp
- Public −1.53 pp
How it drifted, 12 quarters
Over this window promoters went from 65.0% to 72.0% — +7.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 65.0%, Public 35.0%.Dec '23: Promoters 67.2%, Public 32.9%.Mar '24: Promoters 67.7%, Public 32.4%.Jun '24: Promoters 69.0%, Public 31.0%.Sep '24: Promoters 69.1%, Public 30.9%.Dec '24: Promoters 69.2%, Public 30.8%.Mar '25: Promoters 69.7%, Public 30.3%.Jun '25: Promoters 70.5%, Public 29.5%.Sep '25: Promoters 70.6%, Public 29.4%.Dec '25: Promoters 70.7%, Public 29.3%.Mar '26: Promoters 71.3%, Public 28.7%.Jun '26: Promoters 72.0%, Public 28.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Raj Goenka +0.27 pp 2.42% held
- Onward Suppliers Private Limited +0.22 pp 1.50% held
- Nikita Goenka +0.17 pp 1.61% held
- Rashi Goenka +0.16 pp 2.77% held
- Alltime Dealer Private Limited +0.11 pp 1.53% held
- Rajeev Goenka +0.06 pp 22.56% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Gamco Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Golden Goenka Credit Private Limited | 42.52% | unchanged |
| Rajeev Goenka | 22.56% | +0.06 pp |
| Rashi Goenka | 2.77% | +0.16 pp |
| Rishav Mittal | 2.76% | −0.12 pp |
| Raj Goenka | 2.42% | +0.27 pp |
| Sushil Kumar Saraogi | 2.26% | −0.65 pp |
| Nikita Goenka | 1.61% | +0.17 pp |
| Alltime Dealer Private Limited | 1.53% | +0.11 pp |
| Onward Suppliers Private Limited | 1.50% | +0.22 pp |
| Rajeev Goenka (Huf) | 0.15% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Gamco Ltd
Guides on how to read this kind of business and the numbers that matter.