Gujarat Gas Limited
Gujarat Gas Limited engages in the distribution of natural gas in India. It operates a network of approximately 42,600 kilometers of natural gas pipeline and 828 compressed natural gas (CNG) stations. The company supplies piped natural gas to approximately 22.6 lakh households, approximately 15,600 commercial customers; and approximately 4,400 industrial customers, as well as operates 828 CNG stations. It operates in the states of Gujarat, Maharashtra, Punjab, Madhya Pradesh, Rajasthan, and Haryana; and 1 union territory of Dadra and Nagar Haveli, and Daman and Diu. The company was formerly known as GSPC Distribution Networks Limited and changed its name to Gujarat Gas Limited in May 2015. Gujarat Gas Limited was incorporated in 2012 and is based in Gandhinagar, India. Gujarat Gas Limited operates as a subsidiary of Gujarat State Petronet Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 34.0%
Concerns1
- Negative free cash flow (βΉ589 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ16.49 K Cr | β | βΉ1.15 K Cr | β | β | 13.6% | 5.1% | 0.3% |
| Mar 2024 | βΉ15.69 K Cr | β | βΉ1.14 K Cr | β | β | 14.9% | -6.4% | -25.0% |
| Mar 2023 | βΉ16.76 K Cr | β | βΉ1.52 K Cr | β | β | 21.8% | 1.8% | 18.6% |
| Mar 2022 | βΉ16.46 K Cr | β | βΉ1.29 K Cr | β | β | 23.0% | 66.8% | 1.4% |
| Mar 2021 | βΉ9.87 K Cr | β | βΉ1.27 K Cr | β | β | 28.5% | -4.2% | 6.3% |
| Mar 2020 | βΉ10.30 K Cr | β | βΉ1.19 K Cr | β | β | 36.3% | 32.8% | 186.1% |
| Mar 2019 | βΉ7.75 K Cr | β | βΉ417.00 Cr | β | β | 19.1% | 25.6% | 43.3% |
| Mar 2018 | βΉ6.17 K Cr | β | βΉ291.00 Cr | β | β | 15.8% | 21.2% | 32.3% |
| Mar 2017 | βΉ5.09 K Cr | β | βΉ220.00 Cr | β | β | 13.4% | -16.6% | 17.0% |
| Mar 2016 | βΉ6.11 K Cr | β | βΉ188.00 Cr | β | β | 12.5% | -32.2% | -57.7% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 15,906 |
| Total Expenses | 14,109 |
| EBIT / Operating Profit | 1,797 |
| OPM % | 11% |
| Other Income | 265 |
| Finance Costs | 33 |
| Depreciation & Amortisation | 524 |
| Profit Before Tax | 1,506 |
| Tax % | - |
| Net Profit / PAT | 1,117 |
| EPS (βΉ) | 16.22 |
| Dividend Payout % | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Gujarat Gas Limitedthis co. | βΉ28.09 K Cr | βΉ16.49 K Cr | 25.20 | 3.25 | 13.40 | 5.1% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |