Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1327 Cr.
Stock P/E
60.8
P/B
2.7
Current Price
₹172.8
Book Value
₹ 63.6
Face Value
10
52W High
₹236
52W Low
₹ 139
Dividend Yield
0%

Gyftr Overview

Business

Gyftr Ltd., operating in the Finance - Investment sector, is primarily known as a digital gift card marketplace and loyalty platform. The company facilitates the purchase, gifting, and redemption of digital gift cards from a wide array of brands across various categories (e.g., retail, dining, entertainment, travel). Its core business model involves acting as an intermediary between gift card issuers/brands and consumers/corporate clients. Gyftr Ltd. generates revenue through transaction fees, commissions from brand partners on gift card sales, and potentially through value-added services such as loyalty program management, corporate gifting solutions, and data analytics derived from its platform activity. The "Finance - Investment" classification likely reflects the underlying financial infrastructure, treasury management of gift card floats, strategic partnerships with financial institutions, and potential investments in technology or related ventures that support and expand its core digital payments and loyalty ecosystem.

Revenue Mix

Specific breakdowns of revenue mix are not publicly available. However, based on the nature of its business, potential key revenue segments may include:

B2C Gift Card Sales: Direct sales of digital gift cards to individual consumers.

B2B Corporate Gifting & Incentives: Solutions for businesses to use gift cards for employee rewards, client appreciation, and sales promotions.

Loyalty Program Management: Providing white-label or integrated gift card solutions for other companies' loyalty programs.

Platform Fees/Partnerships: Revenue from brands for listing their gift cards and utilizing Gyftr's distribution network.

Industry

Gyftr Ltd. operates within the broader FinTech, digital payments, e-commerce, and loyalty solutions industries in India, with a specific focus on the stored-value and digital gifting market. The industry is characterized by increasing digitalization, growing e-commerce penetration, and a shift from physical to digital payment methods. The market includes direct brand-issued gift cards, other multi-brand gift card platforms, loyalty program providers, and digital wallets. Gyftr has established itself as a prominent player in the Indian digital gift card space, leveraging a wide network of brand partnerships and a user-friendly platform. Its positioning is enhanced by offering a comprehensive marketplace that aggregates multiple brands, simplifying the gifting process for consumers and providing a broad distribution channel for brands.

MOAT

Network Effects: A wide selection of popular brands attracts more users, which in turn makes the platform more attractive for additional brands to join, creating a positive feedback loop.

Brand Partnerships & Scale: An extensive network of partnerships with leading national and international brands provides a significant competitive barrier and wide product offering.

Technology & Platform: Proprietary technology that enables seamless gift card issuance, delivery, and redemption across various brands, potentially offering superior user experience and integration capabilities.

Data & Analytics: Accumulated data on consumer gifting patterns and preferences can be leveraged for personalized offers and enhanced services, benefiting both users and partner brands.

Growth Drivers

Digitalization of Gifting: Continued shift from traditional physical gifts to digital gift cards, driven by convenience and instant delivery.

E-commerce Growth: Expansion of online shopping in India directly boosts the relevance and demand for digital payment instruments like gift cards.

Corporate Gifting Market: Increasing adoption of digital gift cards by businesses for employee incentives, rewards, and client engagement.

Rising Disposable Incomes: Growing middle class and increased consumer spending power in India lead to higher demand for discretionary purchases and gifting.

Expansion of Partner Network: Adding more brands and categories to the platform can attract a wider user base and increase transaction volumes.

Risks

Competition: Intense competition from other digital gift card platforms, direct brand offerings, loyalty programs, and broader digital payment solutions.

Regulatory Changes: Evolving regulations related to stored-value instruments, digital payments, and consumer protection could impact operations or require significant compliance efforts.

Data Security & Privacy: Risk of cyberattacks, data breaches, or misuse of customer data, which could severely damage brand reputation and lead to financial penalties.

Reliance on Brand Partnerships: Dependence on maintaining strong relationships with a large number of brands; loss of key partners could impact offerings.

Economic Downturn: A slowdown in consumer spending or corporate budgets could negatively affect gift card sales and transaction volumes.

Technology Obsolescence: Need for continuous investment in technology to remain competitive and adapt to changing user preferences and industry standards.

Management & Ownership

Specific details regarding the promoters, management team's track record, and granular ownership structure are not available in the provided information. Typically, for companies in India, the vision and execution capabilities of the promoter group are crucial, and institutional ownership can provide stability and governance oversight.

Outlook

Gyftr Ltd. operates in a structurally growing market driven by digital transformation and increasing consumer adoption of online services in India. The convenience and flexibility of digital gift cards, coupled with their utility in corporate gifting, present a significant addressable market. The company's established network of brand partnerships and technological platform are key strengths. However, the market is competitive, requiring continuous innovation, robust data security, and strategic expansion to maintain market share. Regulatory changes in the FinTech space also pose an ongoing consideration. The future trajectory will depend on its ability to deepen its ecosystem, broaden its service offerings, and navigate competitive and regulatory landscapes effectively.

Gyftr Share Price

Live · BSE / NSE · Inception: 1984
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Gyftr Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Dec 2025 Mar 2026 Jun 2026
Operating Revenue 26 20 23 21 19 -13 -16 90 302 158
Other Income 0 0 0 0 0 0 3 21 6 5
Total Income 26 20 23 21 19 -13 -13 112 309 163
Total Expenditure 1 -1 10 1 1 1 8 101 301 156
Operating Profit 24 21 13 20 18 -14 -21 11 8 7
Interest Expense 1 1 1 1 1 1 1 0 0 0
Depreciation 0 0 0 0 0 0 0 2 2 1
Profit Before Tax 23 20 12 19 17 -15 -19 8 6 5
Provision for Tax 4 5 2 5 0 -4 -1 3 3 2
Profit After Tax 20 15 10 14 17 -11 -18 6 3 4
Adjustments 0 0 0 0 -0 0 0 0 3 2
Profit After Adjustments 20 15 10 14 17 -11 -18 6 6 5
Adjusted Earnings Per Share 3 2.3 1.5 2 2.6 -1.6 -2.8 0.8 0.8 0.7

Gyftr Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Operating Revenue 102 42 76 15 19 96 61 28 90 0 380 534
Other Income 4 2 3 30 0 1 7 0 1 14 61 35
Total Income 106 44 79 45 19 97 68 28 91 14 441 571
Total Expenditure 73 17 53 16 40 25 23 9 13 11 409 566
Operating Profit 32 27 26 29 -20 72 45 20 78 3 32 5
Interest Expense 20 14 5 2 2 3 3 4 5 3 0 1
Depreciation 1 0 0 0 0 0 0 0 0 0 6 5
Profit Before Tax 11 12 21 26 -23 70 42 16 73 2 29 0
Provision for Tax 3 2 1 6 0 9 5 2 14 1 7 7
Profit After Tax 7 10 20 20 -23 61 37 14 59 2 22 -5
Adjustments 0 0 0 0 0 0 0 0 0 0 0 5
Profit After Adjustments 7 10 20 20 -23 61 37 14 59 2 22 -1
Adjusted Earnings Per Share 1.2 1.6 3 3 -3.4 9.2 5.5 2.1 9 0.3 2.8 -0.5

Gyftr Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 150 122 144 170 144 253 289 297 357 347 485
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 0 0 0 0 0 0 0 0 0 1
Current Liability 200 114 58 38 42 55 91 124 89 38 29
Other Liabilities & Provisions -2 -0 -0 -7 -7 8 6 4 10 1 -7
Total Liabilities 350 236 202 201 180 316 385 425 456 386 508
Loans 0 0 0 0 0 0 0 0 59 0 0
Investments 37 66 50 29 67 60 60 89 112 49 264
Fixed Assets 13 3 3 2 2 2 2 2 2 0 28
Other Loans 7 4 9 11 13 5 9 6 0 11 11
Other Non Current Assets 2 17 11 0 0 0 0 0 12 0 0
Current Assets 291 146 129 160 99 250 314 329 272 326 184
Total Assets 350 236 202 201 180 316 385 425 456 386 508

Gyftr Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 52 1 4 78 4 4 8 21 8 2 19
Cash Flow from Operating Activities 1 -8 58 -2 -14 -13 -14 11 51 -1 12
Cash Flow from Investing Activities 18 -5 8 -45 18 8 -5 -56 -10 52 -108
Cash Flow from Financing Activities -10 16 -45 -27 -4 9 31 32 -46 -33 81
Net Cash Inflow / Outflow 9 3 20 -74 0 4 13 -13 -5 18 -16
Closing Cash & Cash Equivalent 61 4 25 4 4 8 21 8 2 19 3

Gyftr Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 1.15 1.56 3.01 3 -3.44 9.17 5.53 2.1 8.99 0.28 2.84
CEPS(Rs) 1.38 1.58 3.05 3.01 -3.44 9.18 5.54 2.11 9 0.28 3.68
DPS(Rs) 1.33 0.38 0.38 0.57 0.38 0.38 0.57 0.19 0.57 0 0
Book NAV/Share(Rs) 23.41 19.05 22 25.69 21.84 38.31 43.77 44.91 54.01 52.46 63.17
Net Profit Margin 7.26 24 25.77 136.51 -117.41 63.34 59.94 49.3 66.14 0 5.74
Operating Margin 30.35 63.58 34.23 197.22 -105.85 75.33 73.3 69.35 86.87 0 7.74
PBT Margin 10.48 29.48 27.5 180.85 -117.41 72.64 68.69 56.35 81.57 0 7.65
ROA(%) 2.06 3.42 8.98 9.83 -11.93 24.45 10.42 3.42 13.49 0.43 4.88
ROE(%) 4.87 7.35 14.79 12.63 -14.47 30.51 13.48 4.73 18.18 0.52 5.24
ROCE(%) 10.06 10.35 12.51 14.1 -10.61 30.09 13.34 4.94 18.17 1.34 6.77
Price/Earnings(x) 11.92 8.64 9.16 7.81 0 1.56 3.22 6.66 3.26 271.9 56.09
Price/Book(x) 0.59 0.71 1.25 0.91 0.49 0.37 0.41 0.31 0.54 1.43 2.52
Dividend Yield(%) 9.7 2.82 1.38 2.44 3.56 2.65 3.2 1.36 1.95 0 0
EV/Net Sales(x) 1.68 4.03 1.94 11.63 4.35 1.16 2.48 6.06 2.59 0 3.21
EV/Core EBITDA(x) 5.29 6.31 5.63 5.87 -4.12 1.53 3.38 8.72 2.97 145.38 37.55
Interest Earned Growth(%) -27.97 -59.01 82.92 -80.99 33.47 394.52 -36.29 -53.87 219.41 -99.98 0
Net Profit Growth -58.43 35.52 96.39 0.7 -214.79 366.77 -39.71 -62.06 328.51 -96.94 1099.31
EPS Growth(%) -58.43 35.52 92.86 -0.48 -214.79 366.77 -39.71 -62.06 328.51 -96.94 932.32
Interest Coverage(x) % 1.53 1.86 5.08 12.05 -9.16 28 15.92 5.33 16.4 1.79 89.59

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR — +139% +32% +14%
Operating Profit CAGR +967% +17% -15% 0%
PAT CAGR +1000% +16% -18% +12%
Share Price CAGR +5% +114% +49% +31%
ROE Average +5% +8% +8% +9%
ROCE Average +7% +9% +9% +10%

Gyftr Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 50.08 %
FII 5.12 %
DII (MF + Insurance) 5.48 %
Public (retail) 39.32 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 45.3245.3245.329.9561.2161.2150.0850.0850.0850.08
FII 5.627.27.24.422.562.614.984.435.15.12
DII 000000.094.034.634.425.48
Public 49.0647.4847.4885.6336.2336.0940.9140.8640.4139.32
Others 0000000000
Total 100100100100100100100100100100

Gyftr Peer Comparison

Finance - Investment Edit Columns

Gyftr Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Gyftr Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Debtor days have increased from 0 to 11.68days.
  • The company has delivered a poor profit growth of -18% over past five years.
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