Gujarat State Petronet Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 15.2%)
- ✓Attractively valued vs sector (P/E 14.4x vs industry 27.1x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 1.9%
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
GSPL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 37.63% | 37.63% | 37.63% | 37.63% | 37.63% | 37.63% |
| FII | 16.03% | 15.67% | 15.84% | 15.21% | 14.67% | 14.75% |
| DII | 24.77% | 24.74% | 23.57% | 24.87% | 25.80% | 25.79% |
| Public | 19.56% | 19.95% | 20.95% | 12.29% | 19.89% | 19.82% |
| Govt | 2.01% | 2.01% | 2.01% | 10.00% | 2.02% | 2.01% |
Corporate Events
Dividend - Rs 5 Per Share
Dividend - Rs 5 Per Share
Dividend - Rs 5 Per Share
Latest News
All news →Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.9K Cr ▼3.1% | ₹4.0K Cr ▼2.4% | ₹4.1K Cr ▼4.3% | ₹4.3K Cr ▼1.6% | ₹4.4K Cr ▲9.2% | ₹4.0K Cr ▼15.5% | ₹4.7K Cr ▲4.3% | ₹4.5K Cr |
| Op. Profit | ₹612 Cr ▲0.5% | ₹609 Cr ▼15.2% | ₹718 Cr ▲26.6% | ₹567 Cr ▲2.5% | ₹553 Cr ▼19.6% | ₹688 Cr ▼16.3% | ₹822 Cr ▼14.6% | ₹962 Cr |
| OPM | 16.0% ▲6.7% | 15.0% ▼11.8% | 17.0% ▲30.8% | 13.0% ▲0.0% | 13.0% ▼23.5% | 17.0% ▲0.0% | 17.0% ▼19.0% | 21.0% |
| Net Profit | ₹379 Cr ▼2.6% | ₹389 Cr ▼16.3% | ₹465 Cr ▲32.1% | ₹352 Cr ▲5.1% | ₹335 Cr ▼20.8% | ₹423 Cr ▼19.7% | ₹527 Cr ▼20.5% | ₹663 Cr |
| EPS (₹) | 4.55 ▼1.5% | 4.62 ▼17.2% | 5.58 ▲43.1% | 3.9 ▼6.0% | 4.15 ▼16.8% | 4.99 ▼25.0% | 6.65 ▼21.0% | 8.42 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹17.4K Cr ▲0.4% | ₹17.3K Cr ▼4.5% | ₹18.1K Cr ▲0.7% | ₹18.0K Cr ▲56.0% | ₹11.5K Cr ▼5.8% | ₹12.2K Cr ▲31.0% | ₹9.3K Cr ▲28.7% | ₹7.3K Cr ▲23.0% | ₹5.9K Cr |
| Expenses | ₹14.7K Cr ▲6.0% | ₹13.9K Cr ▼3.8% | ₹14.4K Cr ▼0.4% | ₹14.5K Cr ▲82.0% | ₹8.0K Cr ▼11.8% | ₹9.0K Cr ▲32.7% | ₹6.8K Cr ▲30.4% | ₹5.2K Cr ▲22.5% | ₹4.3K Cr |
| Op. Profit | ₹2.6K Cr ▼22.2% | ₹3.4K Cr ▼7.4% | ₹3.7K Cr ▲5.1% | ₹3.5K Cr ▼2.1% | ₹3.6K Cr ▲11.1% | ₹3.2K Cr ▲26.7% | ₹2.5K Cr ▲24.3% | ₹2.0K Cr ▲24.5% | ₹1.6K Cr |
| OPM | 15.0% ▼25.0% | 20.0% ▲0.0% | 20.0% ▲5.3% | 19.0% ▼38.7% | 31.0% ▲19.2% | 26.0% ▼3.7% | 27.0% ▼3.6% | 28.0% ▲0.0% | 28.0% |
| Other Income | ₹350 Cr ▲41.1% | ₹248 Cr ▲82.4% | ₹136 Cr ▼8.1% | ₹148 Cr ▲13.8% | ₹130 Cr ▲20.4% | ₹108 Cr ▼20.0% | ₹135 Cr ▲10.7% | ₹122 Cr ▲3.4% | ₹118 Cr |
| Interest | ₹57 Cr ▲1.8% | ₹56 Cr ▼20.0% | ₹70 Cr ▼37.5% | ₹112 Cr ▼50.7% | ₹227 Cr ▼38.5% | ₹369 Cr ▼13.6% | ₹427 Cr ▲76.4% | ₹242 Cr ▼12.9% | ₹278 Cr |
| Depreciation | ₹709 Cr ▲6.8% | ₹664 Cr ▲6.9% | ₹621 Cr ▲7.3% | ₹579 Cr ▲6.8% | ₹542 Cr ▲4.6% | ₹518 Cr ▲10.7% | ₹468 Cr ▲4.7% | ₹447 Cr ▲2.5% | ₹436 Cr |
| PBT | ₹2.2K Cr ▼23.9% | ₹2.9K Cr ▼6.1% | ₹3.1K Cr ▲5.7% | ₹3.0K Cr ▲0.7% | ₹2.9K Cr ▲20.4% | ₹2.4K Cr ▲37.0% | ₹1.8K Cr ▲20.5% | ₹1.5K Cr ▲41.2% | ₹1.0K Cr |
| Tax % | 27.0% ▲3.8% | 26.0% ▲4.0% | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▲257.1% | 7.0% ▼78.8% | 33.0% ▼5.7% | 35.0% ▲12.9% | 31.0% |
| Net Profit | ₹1.6K Cr ▼25.0% | ₹2.2K Cr ▼6.7% | ₹2.3K Cr ▲5.0% | ₹2.2K Cr ▲1.8% | ₹2.2K Cr ▼3.8% | ₹2.3K Cr ▲91.5% | ₹1.2K Cr ▲24.2% | ₹958 Cr ▲33.4% | ₹718 Cr |
| EPS (₹) | 19.69 ▼33.0% | 29.41 ▲1.1% | 29.09 ▲0.2% | 29.04 ▲2.0% | 28.48 ▼7.1% | 30.65 ▲73.1% | 17.71 ▲34.7% | 13.15 ▲33.6% | 9.84 |
| Div Payout | 25.0% ▲47.1% | 17.0% ▲0.0% | 17.0% ▲142.9% | 7.0% ▲0.0% | 7.0% ▲0.0% | 7.0% ▼36.4% | 11.0% ▼15.4% | 13.0% ▼13.3% | 15.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr ▲0.0% | ₹564 Cr |
| Reserves | ₹11.4K Cr ▲2.7% | ₹11.1K Cr ▲8.0% | ₹10.3K Cr ▲15.5% | ₹8.9K Cr ▲20.8% | ₹7.4K Cr ▲26.2% | ₹5.8K Cr ▲34.9% | ₹4.3K Cr ▲58.2% | ₹2.7K Cr ▲46.4% | ₹1.9K Cr ▼52.9% | ₹4.0K Cr |
| Borrowings | ₹140 Cr ▲1.4% | ₹138 Cr ▼1.4% | ₹140 Cr ▼6.0% | ₹149 Cr ▼79.1% | ₹713 Cr ▼64.4% | ₹2.0K Cr ▼44.8% | ₹3.6K Cr ▼20.7% | ₹4.6K Cr ▼15.0% | ₹5.4K Cr ▲80.2% | ₹3.0K Cr |
| Other Liabilities | ₹9.8K Cr ▲9.1% | ₹9.0K Cr ▲11.5% | ₹8.1K Cr ▲4.8% | ₹7.7K Cr ▲15.9% | ₹6.7K Cr ▲15.4% | ₹5.8K Cr ▲19.4% | ₹4.8K Cr ▲5.5% | ₹4.6K Cr ▲10.6% | ₹4.1K Cr ▼3.4% | ₹4.3K Cr |
| Total Liabilities | ₹21.9K Cr ▲5.4% | ₹20.8K Cr ▲9.2% | ₹19.1K Cr ▲10.0% | ₹17.3K Cr ▲13.2% | ₹15.3K Cr ▲7.9% | ₹14.2K Cr ▲6.1% | ₹13.3K Cr ▲7.1% | ₹12.5K Cr ▲4.2% | ₹12.0K Cr ▲1.3% | ₹11.8K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹11.6K Cr ▼0.5% | ₹11.7K Cr ▲8.5% | ₹10.8K Cr ▲2.8% | ₹10.5K Cr ▲5.4% | ₹9.9K Cr ▲4.7% | ₹9.5K Cr ▲2.6% | ₹9.3K Cr ▲4.0% | ₹8.9K Cr ▲8.4% | ₹8.2K Cr ▲1.7% | ₹8.1K Cr |
| CWIP | ₹1.1K Cr ▲1.2% | ₹1.1K Cr ▼33.3% | ₹1.7K Cr ▲19.2% | ₹1.4K Cr ▲13.2% | ₹1.2K Cr ▲30.6% | ₹953 Cr ▲18.1% | ₹807 Cr ▼11.1% | ₹908 Cr ▼33.9% | ₹1.4K Cr ▲15.3% | ₹1.2K Cr |
| Investments | ₹1.8K Cr ▼1.1% | ₹1.8K Cr ▼5.1% | ₹1.9K Cr ▲16.5% | ₹1.6K Cr ▼2.9% | ₹1.7K Cr ▲14.6% | ₹1.5K Cr ▲42.4% | ₹1.0K Cr ▲47.0% | ₹696 Cr ▲18.0% | ₹590 Cr ▲25.8% | ₹469 Cr |
| Other Assets | ₹7.4K Cr ▲19.1% | ₹6.2K Cr ▲31.6% | ₹4.7K Cr ▲23.7% | ₹3.8K Cr ▲56.4% | ₹2.4K Cr ▲7.6% | ₹2.3K Cr ▼0.1% | ₹2.3K Cr ▲15.5% | ₹2.0K Cr ▲9.5% | ₹1.8K Cr ▼13.9% | ₹2.1K Cr |
| Total Assets | ₹21.9K Cr ▲5.4% | ₹20.8K Cr ▲9.2% | ₹19.1K Cr ▲10.0% | ₹17.3K Cr ▲13.2% | ₹15.3K Cr ▲7.9% | ₹14.2K Cr ▲6.1% | ₹13.3K Cr ▲7.1% | ₹12.5K Cr ▲4.2% | ₹12.0K Cr ▲1.3% | ₹11.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.7K Cr ▼2.2% | ₹2.8K Cr ▼16.1% | ₹3.3K Cr ▲21.5% | ₹2.7K Cr ▼5.1% | ₹2.9K Cr ▲4.5% | ₹2.8K Cr ▲35.6% | ₹2.0K Cr ▲22.5% | ₹1.7K Cr ▲1.5% | ₹1.6K Cr ▲172.6% | ₹603 Cr |
| Investing CF | ₹-2.8K Cr ▼28.6% | ₹-2.1K Cr ▼18.0% | ₹-1.8K Cr ▼33.6% | ₹-1.4K Cr ▼25.8% | ₹-1.1K Cr ▼34.0% | ₹-806 Cr ▼31.7% | ₹-612 Cr ▲83.0% | ₹-3.6K Cr ▼330.3% | ₹-835 Cr ▼160.1% | ₹-321 Cr |
| Financing CF | ₹-544 Cr ▲0.5% | ₹-547 Cr ▲32.0% | ₹-805 Cr ▲51.5% | ₹-1.7K Cr ▲20.8% | ₹-2.1K Cr ▼40.3% | ₹-1.5K Cr ▼8.1% | ₹-1.4K Cr ▼168.7% | ₹2.0K Cr ▲329.0% | ₹-879 Cr ▼196.0% | ₹-297 Cr |
| Net Cash Flow | ₹-556 Cr ▼587.7% | ₹114 Cr ▼84.2% | ₹720 Cr ▲365.7% | ₹-271 Cr ▲2.9% | ₹-279 Cr ▼159.2% | ₹471 Cr ▲842.0% | ₹50 Cr ▼43.8% | ₹89 Cr ▲227.1% | ₹-70 Cr ▼366.7% | ₹-15 Cr |
| Free Cash Flow | ₹1.8K Cr ▲13.9% | ₹1.6K Cr ▼24.8% | ₹2.1K Cr ▲41.6% | ₹1.5K Cr ▼28.7% | ₹2.0K Cr ▼1.3% | ₹2.1K Cr ▲60.3% | ₹1.3K Cr ▲39.6% | ₹924 Cr ▼12.7% | ₹1.1K Cr ▲148.6% | ₹426 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24d ▲0.0% | 24d ▲4.3% | 23d ▲9.5% | 21d ▼30.0% | 30d ▲50.0% | 20d ▼25.9% | 27d ▲8.0% | 25d ▼10.7% | 28d ▼50.0% | 56d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 24d ▲0.0% | 24d ▲4.3% | 23d ▲9.5% | 21d ▼30.0% | 30d ▲50.0% | 20d ▼25.9% | 27d ▲8.0% | 25d ▼10.7% | 28d ▼50.0% | 56d |
| Working Capital Days | -5d ▲44.4% | -9d ▲64.0% | -25d ▼8.7% | -23d ▲58.2% | -55d ▲9.8% | -61d ▲18.7% | -75d ▲33.6% | -113d ▼85.2% | -61d ▼7.0% | -57d |
| ROCE | 15.0% ▼28.6% | 21.0% ▼22.2% | 27.0% ▼3.6% | 28.0% ▼9.7% | 31.0% ▲3.3% | 30.0% ▲20.0% | 25.0% ▲25.0% | 20.0% ▲5.3% | 19.0% ▲26.7% | 15.0% |
Source: Screener.in · Lower days = better efficiency
About Gujarat State Petronet Limited
Gujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013. Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and generation of electricity through windmills. [1]
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