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Gujarat Natural Resources Limited (GNRL) - MTF Margin Comparison

Exchange: NSE · Available on 5 brokers · Updated daily

Best MTF Rate: 37.42% on Share India(2.7x leverage)

Gujarat Natural Resources Limited results, Q4 FY26

Quarter ended 2026-03-31

Showing Q4 FY26. Q1 FY27 results were due by now and are not in our data yet, so this is the latest quarter we can show rather than the latest that exists.

GNRL reported revenue of Rs 11 crore in Q4 FY26, which rose 158.5% from the same quarter a year earlier. Net profit was Rs 1 crore, rose 166.3% year on year. EBITDA margin stood at -4.2%.

MetricQ4 FY26QoQYoYYear ago
Revenue11.20 Cr+52.9%+158.5%4.33
EBITDA-0.47 Cr-111.0%+31.0%-0.68
EBITDA margin-4.2%-107.2%+73.2%-15.7%
Net profit1.05 Cr-65.8%+166.3%-1.59
EPS----

Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.

Fundamentals Snapshot

Fundamentals updated 18 AugSmall Cap
CMP
₹104
PE
83.0
ROE
5.5%
ROCE
7.3%
P/B
7.65
Mkt Cap
₹1,602 Cr

Fundamentals from the Downstox Value Screener (3,124-stock screener universe, updated daily). Not investment advice.

MTF Margin Comparison - GNRL

Upstox
38.09%
Margin Required
Leverage2.6x
You Pay3,809
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Fyers
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited
BEST
Share India
37.42%
Margin Required
Leverage2.7x
You Pay3,742
You Get₹10,000
Interest9.99% p.a.
Max HoldUnlimited

Gujarat Natural Resources Limited - Complete Broker Comparison

ParameterUpstoxZerodhaPocketfulFyersShare India
MTF Margin38.09%50.00%50.00%50.00%37.42%
Leverage2.6x2.0x2.0x2.0x2.7x
You Pay (per ₹1L)38,09050,00050,00050,00037,420
Broker Funds (per ₹1L)61,91050,00050,00050,00062,580
Interest Rate (p.a.)18.25%14.6%5.99%12.49%9.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day~₹27 per lakh/day~₹27 per lakh/daysee broker
BrokerageRs 20/day per Rs 40,0000.3% or Rs. 300 per Rs. 40,000₹29Rs 20/day per Rs 40,000₹0
Pledge Charges0.01% p.a.Payment gateway charges ₹9 + GSTnullNA20% upfront margin of the transaction value
Max Holding PeriodUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Share India offers the best margin of 37.42% for GNRL, while Zerodha requires 50.00% - a difference of 12.58 percentage points. With Share India you put up ₹12,580 less upfront per ₹1 lakh of position - and borrow that much more, on which daily MTF interest accrues.

GNRL MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital38,090
Broker funds61,910
Daily interest31
30-day cost929
Annual cost11,299
Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Fyers
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245
Share India
Your capital37,420
Broker funds62,580
Daily interest17
30-day cost514
Annual cost6,252

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in GNRL with MTF?

If you invest
10,000
Stock value you hold26,724
Share India funds16,724
Margin used37.42%
If you invest
50,000
Stock value you hold1,33,618
Share India funds83,618
Margin used37.42%
If you invest
1,00,000
Stock value you hold2,67,237
Share India funds1,67,237
Margin used37.42%

Frequently Asked Questions - GNRL MTF

What is the MTF margin for GNRL?

Upstox: 38.09%, Zerodha: 50.00%, Pocketful: 50.00%, Fyers: 50.00%, Share India: 37.42%. The lowest margin is 37.42% on Share India, meaning you only need to pay ₹3742 to buy ₹10,000 worth of Gujarat Natural Resources Limited shares.

Which broker is cheapest for GNRL MTF?

For margin percentage, Share India offers the lowest at 37.42% (2.7x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on GNRL MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy GNRL on margin?

Yes, Gujarat Natural Resources Limited (GNRL) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Pocketful, Fyers, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold GNRL on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for GNRL?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for GNRL?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for GNRL MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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About Gujarat Natural Resources Limited (GNRL) Margin Trading

Gujarat Natural Resources Limited (GNRL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 5 major Indian brokers: Upstox, Zerodha, Pocketful, Fyers, Share India. MTF allows you to buy GNRL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 37.42% for GNRL. This means you can buy ₹1,00,000 worth of Gujarat Natural Resources Limited shares by paying just ₹37,420, with Share India funding the remaining ₹62,580.

MTF Interest Rates for GNRL - Broker Comparison

The cost of holding GNRL on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for GNRL MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding GNRL on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1920+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade GNRL directly through our Scalper Terminal.