Gujarat Gas Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 18.5%)
- ✓Attractively valued vs sector (P/E 18.1x vs industry 27.1x)
- ✓Regular dividends — yield 1.7%
- ✓Near 52-week low — potential value zone (₹302)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,284 | ₹18.0L Cr | 24 | 1.92 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹252 | ₹3.1L Cr | 7.46 | 0.85 | 11.7 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹429 | ₹2.6L Cr | 8.48 | 2.22 | 28.5 | 35.3 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹142 | ₹2.0L Cr | 4.75 | 0.91 | 20.7 | 18.8 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹310 | ₹1.4L Cr | 5.24 | 1.34 | 28.8 | 25.7 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 14.8 | 1.28 | 8.71 | 9.68 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹394 | ₹85K Cr | 4.72 | 1.28 | 30.9 | 22.2 | 1.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GUJGASLTD · as of May 2026
| Category | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | May 2026 |
|---|---|---|---|---|---|---|
| Promoters | 60.89% | 60.89% | 60.89% | 60.89% | 60.89% | 60.89% |
| FII | 3.72% | 4.31% | 4.51% | 4.53% | 3.97% | 3.86% |
| DII | 15.04% | 14.75% | 14.38% | 14.21% | 14.81% | 15.00% |
| Public | 13.32% | 13.04% | 13.20% | 13.35% | 13.33% | 13.25% |
| Govt | 7.01% | 7.01% | 7.01% | 7.01% | 7.01% | 7.01% |
Corporate Events
Demerger
Dividend - Rs 5.82 Per Share
Record: 4 Sept 2025
Dividend - Rs 5.66 Per Share
Dividend - Rs 6.65 Per Share
Latest News
All news →Gujarat Gas receives credit rating update
*Gujarat Gas receives credit rating update*. Gujarat Gas Limited has disclosed a credit rating update in a regulatory filing. No changes in financials or operations were indicated. The rating reaffirms the company's current creditworthiness. 📊 *STOCKS:* GUJGASLTD | 🏢 *SECTOR:* Energy | #LOWIMPACT #CreditRating
Gujarat Gas sets July 2 record date for GSPL Transmission allotment
*Gujarat Gas sets July 2 record date for GSPL Transmission allotment*\nGujarat Gas has announced July 2 as the record date for the allotment of shares in GSPL Transmission. The move is part of its ongoing corporate restructuring efforts.\n\n📊 *STOCKS:* GUJARATGAS | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Allotment
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.8K Cr ▲58.3% | ₹3.7K Cr ▼3.2% | ₹3.8K Cr ▼2.4% | ₹3.9K Cr ▼5.6% | ₹4.1K Cr ▼1.2% | ₹4.2K Cr ▲9.8% | ₹3.8K Cr ▼15.0% | ₹4.5K Cr |
| Op. Profit | ₹609 Cr ▲36.2% | ₹447 Cr ▲0.0% | ₹447 Cr ▼14.0% | ₹520 Cr ▲15.6% | ₹450 Cr ▲18.4% | ₹380 Cr ▼26.1% | ₹514 Cr ▼4.1% | ₹536 Cr |
| OPM | 11.0% ▼8.3% | 12.0% ▲0.0% | 12.0% ▼7.7% | 13.0% ▲18.2% | 11.0% ▲22.2% | 9.0% ▼35.7% | 14.0% ▲16.7% | 12.0% |
| Net Profit | ₹152 Cr ▼43.1% | ₹267 Cr ▼4.6% | ₹280 Cr ▼14.6% | ₹328 Cr ▲13.9% | ₹288 Cr ▲30.3% | ₹221 Cr ▼28.5% | ₹309 Cr ▼6.6% | ₹331 Cr |
| EPS (₹) | 2.21 ▼43.0% | 3.88 ▼4.4% | 4.06 ▼14.7% | 4.76 ▲13.9% | 4.18 ▲30.2% | 3.21 ▼28.3% | 4.48 ▼6.7% | 4.8 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹23.6K Cr ▲43.2% | ₹16.5K Cr ▲5.1% | ₹15.7K Cr ▼6.4% | ₹16.8K Cr ▲1.8% | ₹16.5K Cr ▲66.8% | ₹9.9K Cr ▼4.2% | ₹10.3K Cr ▲32.8% | ₹7.8K Cr ▲25.6% | ₹6.2K Cr ▲21.2% | ₹5.1K Cr |
| Expenses | ₹20.6K Cr ▲41.0% | ₹14.6K Cr ▲5.7% | ₹13.8K Cr ▼3.8% | ₹14.3K Cr ▼0.1% | ₹14.4K Cr ▲85.0% | ₹7.8K Cr ▼10.3% | ₹8.7K Cr ▲28.0% | ₹6.8K Cr ▲28.5% | ₹5.3K Cr ▲21.5% | ₹4.3K Cr |
| Op. Profit | ₹3.1K Cr ▲60.0% | ₹1.9K Cr ▲0.2% | ₹1.9K Cr ▼21.4% | ₹2.4K Cr ▲15.2% | ₹2.1K Cr ▼0.1% | ₹2.1K Cr ▲27.7% | ₹1.6K Cr ▲65.4% | ₹997 Cr ▲9.2% | ₹913 Cr ▲19.8% | ₹762 Cr |
| OPM | 13.0% ▲8.3% | 12.0% ▲0.0% | 12.0% ▼14.3% | 14.0% ▲7.7% | 13.0% ▼38.1% | 21.0% ▲31.3% | 16.0% ▲23.1% | 13.0% ▼13.3% | 15.0% ▲0.0% | 15.0% |
| Other Income | ₹539 Cr ▲164.2% | ₹204 Cr ▲26.7% | ₹161 Cr ▲59.4% | ₹101 Cr ▲27.8% | ₹79 Cr ▲12.9% | ₹70 Cr ▼14.6% | ₹82 Cr ▼13.7% | ₹95 Cr ▲227.6% | ₹29 Cr ▲61.1% | ₹18 Cr |
| Interest | ₹251 Cr ▲382.7% | ₹52 Cr ▼3.7% | ₹54 Cr ▼19.4% | ₹67 Cr ▼18.3% | ₹82 Cr ▼38.8% | ₹134 Cr ▼34.6% | ₹205 Cr ▼1.4% | ₹208 Cr ▲1.0% | ₹206 Cr ▼5.5% | ₹218 Cr |
| Depreciation | ₹899 Cr ▲75.9% | ₹511 Cr ▲7.8% | ₹474 Cr ▲10.7% | ₹428 Cr ▲11.2% | ₹385 Cr ▲11.9% | ₹344 Cr ▲8.2% | ₹318 Cr ▲10.4% | ₹288 Cr ▲5.9% | ₹272 Cr ▲5.8% | ₹257 Cr |
| PBT | ₹2.4K Cr ▲57.6% | ₹1.5K Cr ▲0.8% | ₹1.5K Cr ▼24.2% | ₹2.0K Cr ▲18.3% | ₹1.7K Cr ▲1.0% | ₹1.7K Cr ▲40.6% | ₹1.2K Cr ▲102.7% | ₹596 Cr ▲28.4% | ₹464 Cr ▲52.1% | ₹305 Cr |
| Tax % | 31.0% ▲19.2% | 26.0% ▲0.0% | 26.0% ▲4.0% | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▲2400.0% | 1.0% ▼96.7% | 30.0% ▼18.9% | 37.0% ▲32.1% | 28.0% |
| Net Profit | ₹1.7K Cr ▲46.2% | ₹1.1K Cr ▲0.3% | ₹1.1K Cr ▼25.1% | ₹1.5K Cr ▲18.7% | ₹1.3K Cr ▲1.3% | ₹1.3K Cr ▲5.9% | ₹1.2K Cr ▲186.8% | ₹418 Cr ▲43.2% | ₹292 Cr ▲32.1% | ₹221 Cr |
| EPS (₹) | 24.37 ▲46.1% | 16.68 ▲0.4% | 16.61 ▼25.2% | 22.2 ▲18.7% | 18.7 ▲1.4% | 18.45 ▲6.0% | 17.41 ▲186.3% | 6.08 ▲43.1% | 4.25 ▲32.8% | 3.2 |
| Div Payout | 17.0% ▼51.4% | 35.0% ▲2.9% | 34.0% ▲13.3% | 30.0% ▲172.7% | 11.0% ▲0.0% | 11.0% ▲57.1% | 7.0% ▼56.3% | 16.0% ▼15.8% | 19.0% ▲0.0% | 19.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹187 Cr ▲35.5% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr ▲0.0% | ₹138 Cr |
| Reserves | ₹18.3K Cr ▲118.5% | ₹8.4K Cr ▲10.1% | ₹7.6K Cr ▲10.1% | ₹6.9K Cr ▲25.5% | ₹5.5K Cr ▲26.5% | ₹4.3K Cr ▲36.5% | ₹3.2K Cr ▲53.8% | ₹2.1K Cr ▲19.6% | ₹1.7K Cr ▲13.3% | ₹1.5K Cr |
| Borrowings | ₹3.2K Cr ▲2062.0% | ₹150 Cr ▲0.0% | ₹150 Cr ▼1.3% | ₹152 Cr ▼75.8% | ₹629 Cr ▼36.0% | ₹983 Cr ▼52.2% | ₹2.1K Cr ▼7.1% | ₹2.2K Cr ▼4.9% | ₹2.3K Cr ▼1.3% | ₹2.4K Cr |
| Other Liabilities | ₹5.9K Cr ▲46.2% | ₹4.0K Cr ▲5.0% | ₹3.8K Cr ▲1.9% | ₹3.7K Cr ▲12.6% | ₹3.3K Cr ▲8.1% | ₹3.1K Cr ▲20.6% | ₹2.6K Cr ▼6.8% | ₹2.7K Cr ▲11.0% | ₹2.5K Cr ▲4.8% | ₹2.4K Cr |
| Total Liabilities | ₹27.5K Cr ▲117.7% | ₹12.7K Cr ▲8.2% | ₹11.7K Cr ▲7.0% | ₹10.9K Cr ▲14.0% | ₹9.6K Cr ▲12.3% | ₹8.5K Cr ▲7.7% | ₹7.9K Cr ▲10.7% | ₹7.2K Cr ▲7.4% | ₹6.7K Cr ▲4.5% | ₹6.4K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹13.7K Cr ▲66.3% | ₹8.2K Cr ▲5.7% | ₹7.8K Cr ▲5.8% | ₹7.3K Cr ▲10.7% | ₹6.6K Cr ▲9.8% | ₹6.0K Cr ▲8.1% | ₹5.6K Cr ▲5.6% | ₹5.3K Cr ▲3.8% | ₹5.1K Cr ▲3.9% | ₹4.9K Cr |
| CWIP | ₹836 Cr ▼0.4% | ₹839 Cr ▼8.6% | ₹918 Cr ▼6.6% | ₹983 Cr ▼0.9% | ₹992 Cr ▲35.7% | ₹731 Cr ▲28.5% | ₹569 Cr ▲16.4% | ₹489 Cr ▲2.3% | ₹478 Cr ▼5.5% | ₹506 Cr |
| Investments | ₹1.0K Cr ▲487.2% | ₹172 Cr ▲2.4% | ₹168 Cr ▲166.7% | ₹63 Cr ▲21.2% | ₹52 Cr ▲8.3% | ₹48 Cr ▲11.6% | ₹43 Cr ▲2.4% | ₹42 Cr ▲2.4% | ₹41 Cr ▼55.4% | ₹92 Cr |
| Other Assets | ₹12.0K Cr ▲251.0% | ₹3.4K Cr ▲20.8% | ₹2.8K Cr ▲11.7% | ₹2.5K Cr ▲33.1% | ₹1.9K Cr ▲11.2% | ₹1.7K Cr ▼0.5% | ₹1.7K Cr ▲29.2% | ₹1.3K Cr ▲27.5% | ₹1.0K Cr ▲19.9% | ₹875 Cr |
| Total Assets | ₹27.5K Cr ▲117.7% | ₹12.7K Cr ▲8.2% | ₹11.7K Cr ▲7.0% | ₹10.9K Cr ▲14.0% | ₹9.6K Cr ▲12.3% | ₹8.5K Cr ▲7.7% | ₹7.9K Cr ▲10.7% | ₹7.2K Cr ▲7.4% | ₹6.7K Cr ▲4.5% | ₹6.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.7K Cr ▲50.7% | ₹1.8K Cr ▲10.5% | ₹1.6K Cr ▼31.2% | ₹2.4K Cr ▲42.9% | ₹1.7K Cr ▲0.2% | ₹1.7K Cr ▲16.8% | ₹1.4K Cr ▲47.3% | ₹964 Cr ▲22.8% | ₹785 Cr ▲12.0% | ₹701 Cr |
| Investing CF | ₹-2.1K Cr ▼9.2% | ₹-1.9K Cr ▼118.5% | ₹-879 Cr ▲15.4% | ₹-1.0K Cr ▲19.7% | ₹-1.3K Cr ▼110.7% | ₹-614 Cr ▼31.8% | ₹-466 Cr ▲23.9% | ₹-612 Cr ▼42.3% | ₹-430 Cr ▲6.1% | ₹-458 Cr |
| Financing CF | ₹-417 Cr ▲12.0% | ₹-474 Cr ▲7.8% | ₹-514 Cr ▲24.2% | ₹-678 Cr ▼8.0% | ₹-628 Cr ▲52.4% | ₹-1.3K Cr ▼162.5% | ₹-502 Cr ▼43.8% | ₹-349 Cr ▼27.8% | ₹-273 Cr ▼8.8% | ₹-251 Cr |
| Net Cash Flow | ₹206 Cr ▲135.0% | ₹-589 Cr ▼344.4% | ₹241 Cr ▼63.4% | ₹658 Cr ▲353.1% | ₹-260 Cr ▲4.8% | ₹-273 Cr ▼160.5% | ₹451 Cr ▲14933.3% | ₹3 Cr ▼96.3% | ₹82 Cr ▲1011.1% | ₹-9 Cr |
| Free Cash Flow | ₹1.8K Cr ▲67.6% | ₹1.1K Cr ▲32.4% | ₹797 Cr ▼38.2% | ₹1.3K Cr ▲336.9% | ₹295 Cr ▼67.3% | ₹903 Cr ▲9.6% | ₹824 Cr ▲89.9% | ₹434 Cr ▲31.5% | ₹330 Cr ▲50.0% | ₹220 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27d ▲17.4% | 23d ▼4.2% | 24d ▲9.1% | 22d ▲4.8% | 21d ▼27.6% | 29d ▲61.1% | 18d ▼25.0% | 24d ▲4.3% | 23d ▼8.0% | 25d |
| Inventory Days | 22d | — | — | — | — | 3d ▲50.0% | 2d ▼50.0% | 4d ▲0.0% | 4d ▲0.0% | 4d |
| Days Payable | 32d | — | — | — | — | 23d ▲43.8% | 16d ▼23.8% | 21d ▼8.7% | 23d ▼23.3% | 30d |
| Cash Conv. Cycle | 17d ▼26.1% | 23d ▼4.2% | 24d ▲9.1% | 22d ▲4.8% | 21d ▲162.5% | 8d ▲100.0% | 4d ▼42.9% | 7d ▲75.0% | 4d ▲500.0% | -1d |
| Working Capital Days | 53d ▲762.5% | -8d ▲77.1% | -35d ▼6.1% | -33d ▼32.0% | -25d ▲47.9% | -48d ▼26.3% | -38d ▲15.6% | -45d ▲18.2% | -55d ▲17.9% | -67d |
| ROCE | 18.0% ▼10.0% | 20.0% ▲0.0% | 20.0% ▼35.5% | 31.0% ▲0.0% | 31.0% ▼8.8% | 34.0% ▲17.2% | 29.0% ▲52.6% | 19.0% ▲11.8% | 17.0% ▲30.8% | 13.0% |
Source: Screener.in · Lower days = better efficiency
About Gujarat Gas Limited
Gujarat Gas Limited (GGL) is a government company u/s 2(45) of Companies Act 2013. Formerly Known as GSPC Distribution Networks Limited(GDNL), GGL is engaged in the business of Natural gas in India. The business of natural gas involves distribution of gas from sources of supply to centres of demand and to end customers. [1] GGL caters to its customers by providing CNG and PNG connections in domestic, Industrial, Commercial and Non commercial segments in the areas of South & Central Gujarat and Saurashtra. [2]
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