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Gujarat Gas Ltd

Wed 21/05/2025,15:58:47 | NSE : GUJGASLTD

₹ 464.005.30 (1.16%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 460.05

Previous Close

₹ 458.70

Volume

416571

Mkt Cap ( Rs. Cr)

₹31941.30

High

₹ 467.70

Low

₹ 458.70

52 Week High

₹ 689.95

52 Week Low

₹ 360.25

Book Value Per Share

₹ 115.86

Dividend Yield

0.00

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Gujarat Gas Ltd

Your Vote -

Buy

66.16%

Hold

9.61%

Sell

24.24%

66.16%

1634 users have voted

Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

464.00

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Bid Total

1618

Bid Price

Qty

0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts Gujarat Gas Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Gujarat Gas - Announcement under Regulation 30 (LODR)-Investor Presentation

    20 May 2025, 7:07PM Investor Presentation - Q4 & FY 24-25
  • Gujarat Gas - Outcome of Board Meeting-XBRL

    19 May 2025, 7:27PM GUJARAT GAS LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 19-May-2025 for Dividend
  • Gujarat Gas Q4 net profit down 29.88% at Rs 287.18 cr

    19 May 2025, 7:22PM The company reported standalone net profit of Rs 287.18 crore for the quarter ended March 31, 2025 as compared to Rs 409.54 crore in the same period l
  • Gujarat Gas - Press Release

    19 May 2025, 7:20PM Gujarat Gas Limited has informed the Exchange regarding a press release dated May 19, 2025, titled ""Q4 and FY 24-25 results"".
  • Gujarat Gas - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    19 May 2025, 7:14PM Press Release
  • Gujarat Gas - Board Meeting Outcome for Outcome Of Board Meeting

    19 May 2025, 7:13PM Outcome of Board Meeting - Dividend
  • Gujarat Gas - Outcome Of Board Meeting - Audited Financial Results (Standalone & Consolidated) - 31.03.2025

    19 May 2025, 7:11PM Outcome of Board Meeting - Financial Results for the Q4 and FY 24-25
  • Gujarat Gas - Dividend

    19 May 2025, 6:38PM Gujarat Gas Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of Rs. 5.82 per
  • Gujarat Gas - Outcome of Board Meeting

    19 May 2025, 6:35PM Gujarat Gas Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
  • Gujarat Gas - Analysts/Institutional Investor Meet/Con. Call Updates

    14 May 2025, 5:40PM Gujarat Gas Limited has informed the Exchange about Schedule of meet
  • Gujarat Gas - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    14 May 2025, 5:47PM Post Results Earnings Call - Q4 and FY 2024 - 25 Intimation
  • Gujarat Gas - Disclosure under SEBI Takeover Regulations

    28 Apr 2025, 6:25PM Gujarat State Petronet Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India
  • Gujarat Gas - Trading Window-XBRL

    24 Apr 2025, 12:21PM GUJARAT GAS LIMITED has informed the Exchange about Closure of Trading Window
  • Gujarat Gas - Board Meeting Intimation

    24 Apr 2025, 12:14PM GUJARAT GAS LIMITED has informed the Exchange about Board Meeting to be held on 19-May-2025 to consider and approve the Yearly Audited Financial resul
  • Gujarat Gas - Trading Window

    24 Apr 2025, 12:11PM Gujarat Gas Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Gujarat Gas has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    19 Apr 2025, 5:00PM As of March 2025, 60.89% is owned by Indian Promoters and 39.11% by Public. <p align=justify> Institutional holds 18.78% (Insurance Companies 7.16%) a
  • Gujarat Gas - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Apr 2025, 6:23PM Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the Qtr. 31.03.2025
  • Gujarat Gas - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Apr 2025, 6:08PM Gujarat Gas Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Gujarat Gas - Disclosure under SEBI Takeover Regulations

    9 Apr 2025, 12:19PM GUJARAT STATE ENERGY GENERATION LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board
  • Gujarat Gas - Trading Window-XBRL

    29 Mar 2025, 5:13PM GUJARAT GAS LIMITED has informed the Exchange about Closure of Trading Window
  • Gujarat Gas - Trading Window

    29 Mar 2025, 5:12PM Gujarat Gas Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Gujarat Gas - Trading Window-XBRL

    13 Mar 2025, 6:47PM GUJARAT GAS LIMITED has informed the Exchange about Closure of Trading Window
  • Gujarat Gas - Trading Window

    13 Mar 2025, 6:46PM Gujarat Gas Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Gujarat Gas

    2 Sep 2024 , 10:11AM The Government of Gujarat has proposed a major reorganization of its energy assets, combining entities such as Gujarat State Petroleum Corporation (exploration and production, gas trading), Gujarat State Petronet Limited (transmission), and Gujarat Energy Development Company (trading) into Gujarat Gas Limited, a company focused on city gas distribution.
  • Gujarat Gas signs non-binding MoU with Indian Oil Corporation

    16 Apr 2024 , 10:10AM Gujarat Gas and IOCL signs a non-binding MoU to broaden the scope and accessibility
  • Gujarat Gas

    1 Mar 2024 , 10:52AM As per media reports, Gujarat Gas has cut industrial-PNG price to Rs 41.68/scm from Rs 45.24/scm. We believe that cut in I-PNG price reflects lower spot LNG price and would support volume recovery from industrial customers. Having said that, the volume and margins has been volatile for Gujarat Gas and thus any meaningful benefit on volumes could get negated by lower margins.
  • Stock Update: Gujarat Gas Ltd Q3FY24 results

    19 Feb 2024 , 11:41AM Stock Update: Gujarat Gas Ltd Q3FY24 results – Soft Quarter, improved outlook
  • Gujarat Gas

    1 Feb 2024 , 11:35AM The company has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation (HPCL). Under the said MoU, HPCL will be providing liquid fuels, automotive lubricants, greases, and specialties at Gujarat Gas outlets. Gujarat Gas will be setting up CNG Facilities at HPCL COCO/COMCO Outlets as well as CNG mother facility at HPCL outlets. Positive for Gujarat Gas.
  • Stock update: Gujarat Gas

    15 Jan 2024 , 11:18AM Stock update: Gujarat Gas Ltd – Margin tailwinds from fall in spot LNG price
  • Gujarat Gas

    12 Jan 2024 , 10:25AM Spot Lng price has corrected sharply to $11/bbl and futures for March 2024 are further lower at $10/bbl. On one hand LNG price remain soft while propane prices remain firm, and the situation bodes well for improved competitiveness of natural gas versus propane. This would drive both volume/margin recovery for Gujarat and thus positive for the stock.
  • Stock update – Gujarat Gas Q2FY24 result review

    6 Nov 2023 , 1:22PM Stock update – Gujarat Gas Q2FY24 result review: Strong Q2; decent volume growth guidance
  • Gujarat Gas

    30 Oct 2023 , 10:06AM As per media reports, Gujarat Gas has hiked industrial PNG (I-PNG) price by Rs2.3/scm to Rs45.6/scm to pass recent surge in the spot LNG price. The price hike would help address margin concern and provide near term relief but it makes I-PNG at slight premium to propane price of Rs42.2/scm and thus volume recovery which was anticipated in H2FY24 may get impacted for Gujarat Gas.
  • Gujarat Gas

    4 Sep 2023 , 11:16AM As per media reports, the government has exempted private companies importing liquified petroleum gas (LPG), liquified propane and liquified butane from import duty and Agriculture Infrastructure Development Cess of 15%. We highlight here that import duty on propane was recently hiked to 19.3% and if Morbi ceramic cluster would be exempted from import duty than propane price would become economical versus natural gas. This would mean shift from natural gas to propane and would be negative for Gujarat Gas.
  • Gujarat Gas

    1 Sep 2023 , 10:56AM The company has increased industrial PNG price by Rs2.50/scm to Rs43.3/scm. The price hike reflects two things i.e. firstly to pass on recent increase in spot LNG price and benefit of pricing gap with propane (Saudi Arabia hiked propane price to $550/tonne for September versus $470/tonne currently). The industrial PNG price hike is positive for Gujarat Gas from the perspective to sustain gross margin (reflects improved competitiveness against propane) and continued industrial volume recovery.
  • Gujarat Gas

    21 Aug 2023 , 10:26AM The company has increased industrial PNG price by Rs2.40/scm to Rs40.83/scm to pass on recent increase in spot LNG price. The industrial PNG price hike is positive for Gujarat Gas from the perspective to sustain gross margin and reflects improved competitiveness against propane.
  • Gujarat Gas

    27 Jul 2023 , 10:40AM Arab Gulf propane price has increased to $459/tonne as compared to $400/tonne at start of July. Higher propane price and import duty of 19.25% on propane for commercial purpose would be positive for Gujarat Gas as it would provide boost to its industrial PNG sales to Morbi ceramic customers as well as help sustain margin.
  • Gujarat Gas

    30 Jun 2023 , 11:13AM CARE Ratings has upgraded long-term rating for bank facilities of Gujarat Gas to “CARE AAA”/Stable (versus “CARE AA+”/Positive earlier).
  • Gujarat Gas

    27 Apr 2023 , 12:49PM As per media reports, the company has cuts industrial PNG price to Rs40.62/scm from Rs45.91/scm earlier. The total industrial PNG price cut taken by Gujarat Gas is at ~Rs9.7/scm since April 2023. We believe that price cut reflects recent fall in spot LNG price to $11-12/mmbtu and post discount we believe that industrial PNG would be at discount to propane (alternative fuel for natural gas). Lower industrial PNG price bodes well for volume recovery for I-PNG segment which got severely impacted in last year due to high spot LNG price. Positive read through for Gujarat Gas.
  • Stock update - Gujarat Gas

    24 Feb 2023 , 11:01AM Stock update - Gujarat Gas: Tide turning favourable
  • Gujarat Gas

    23 Feb 2023 , 12:42PM Gujarat Gas: As per media reports, the company has increased industrial PNG (I-PNG) price by Rs1.5/scm to Rs49.5/scm. We believe that recent sharp rise in the price of alternate fuel propane has helped Gujarat Gas to take I-PNG price hike. Favourable pricing gap between I-PNG and propane if sustains would I-PNG volume recovery and support margin of Gujarat Gas
  • Gujarat Gas Q3FY23 results – Strong performance

    13 Feb 2023 , 3:32PM Gujarat Gas Q3FY23 results – Strong performance; big earnings beat led by positive margin surprise
  • Gujarat Gas

    12 Dec 2022 , 12:11PM As per media reports, Gujarat Gas has cut Industrial PNG price by Rs5/scm to Rs52/scm. The price cut would drive volume recovery for Gujarat Gas as it would reduce price gap with propane (which we expect to decline during winters) but on the other hand price cut would impact margin. Thus, our understanding is that the company is looking at balance between volume-margin and we see price cut as largely neutral for Gujarat Gas.
  • Gujarat Gas

    18 Oct 2022 , 10:35AM Gujarat government has cut VAT rate on CNG and PNG to 5% (from 15% earlier) and Gujarat Gas has lowered CNG/D-PNG price by Rs7/kg and Rs4/scm respectively. The CNG price cut would widen CNG price differential with petrol and thus bodes well for CNG volume growth. We highlight here that CNG and D-PNG accounted for 31% of overall gas sales volume (9.8 mmscmd) of Gujarat Gas in Q1FY23. Overall, we see VAT rate cut as positive for Gujarat Gas as it would help grow CNG/D-PNG volumes.
  • Gujarat Gas

    20 Jul 2022 , 3:08PM Gujarat Gas: As per media reports, Morbi Ceramic Cluster is expected to remain shut down for a month due to weak demand and elevated spot LNG price of $35/mmbtu. Morbi accounts for 48% of Gujarat Gas’s total gas sales volume of 9.9mmscmd and shutdown at Morbi Ceramic Cluster may impact Gujarat Gas volume in near term. Negative read through for Gujarat Gas.
  • Gujarat Gas

    11 Jul 2022 , 11:27AM As per media reports, Gujarat Gas has tied up LNG supplies at a price of $22-24/mmBtu for H1FY23 versus current spot LNG price of $38/mmbtu. This could help the company to sustain decent margin of above Rs6/scm and thus positive for the stock.
  • Gujarat Gas

    6 Jul 2022 , 1:10PM Gujarat Gas: Spot LNG price has increased sharply to $38/mmbtu (versus $27/mmbtu in Q1FY23) and JKM LNG futures price for December 2022 is quoting at $44/mmbtu. This coupled with media news of temporary closure of some tiles unit in Morbi (Gujarat) could impact margin and volume of Gujarat Gas.
  • Gujarat Gas

    6 Jun 2022 , 9:34AM As per media reports, Gujarat Gas has cut Industrial PNG price by Rs5/scm to Rs58/scm and is on expected line given fall in the spot LNG price to $20-25/mmbtu from $30-35/mmbtu earlier. The price cut would normalise gross margin to Rs6-7/scm from high level of Rs10.7/scm in Q4FY22 while lower price would help improve volumes. We have Buy rating on Gujarat Gas.
  • Gujarat Gas

    2 May 2022 , 9:49AM As per media reports, Gujarat Gas has hiked industrial PNG price for Morbi customers by Rs5/scm to pass on higher gas cost and the same is positive as it would cushion margin from elevated gas cost.
  • NTPC and Gujarat Gas

    6 Apr 2022 , 12:35PM NTPC has inked a pact with Gujarat Gas Ltd for an initiative to blend green hydrogen with the piped natural gas (PNG) supplied by Gujarat Gas.
  • Gujarat Gas

    14 Jan 2022 , 1:30PM As media reports, Gujarat Gas is likely to charge market price of gas (i.e Rs106/scm) from industrial customers for volume offtake higher than the contractual agreement. We see this to be largely neutral-to-marginally positive for Gujarat Gas as the volume which would fetch higher gas price would be limited in quantity. We have Buy rating on Gujarat Gas.
  • Gujarat Gas

    10 Dec 2021 , 10:40AM CRISIL has assigned long term credit rating of AA+/Positive for the bank loan facilities of Gujarat Gas. Sentimentally positive for Gujarat Gas.
  • Gujarat Gas

    5 Oct 2021 , 4:06PM As per media reports, Gujarat Gas has taken price hike of Rs9.5/scm for industrial PNG to Rs47/scm as spot LNG price has increased sharply in the recent months and Rs2.5/kg for CNG to pass on recent hike in domestic gas price. Proactive pricing action is positive for Gujarat Gas as it would help it to sustain margin in the coming quarters. We have Buy rating on the stock.
  • Care Ratings revises Gujarat Gas outlook to 'positive' from 'stable'

    9 Sep 2021 , 2:18PM Gujarat Gas says Care Ratings revises outlook to positive from stable
  • Gujarat Gas – (Stock update – Q1FY22 results):

    6 Aug 2021 , 11:42AM Gujarat Gas – (Stock update – Q1FY22 results): Margins power Q1; earnings outlook stays bright
  • Gujarat Gas – Stock update

    30 Jun 2021 , 11:03AM Gujarat Gas – Stock update: Superior earnings outlook to support further re-rating
  • Gujarat Gas – Stock update (Q4FY21 results):

    3 Jun 2021 , 8:32AM Gujarat Gas – Stock update (Q4FY21 results): Strong Q4; best volume growth potential in CGD space
  • Gujarat Gas

    2 Jun 2021 , 10:38AM Gujarat Gas: The company’s board of directors have approved the acquisition of city gas distribution business for Amritsar and Bhatinda geographical areas from its parent Gujarat State Petronet Limited (GSPL) for a cash consideration of Rs 163.31 crore. The acquisition is expected to be completed within 45-60 days. Addition of new GAs is positive for Gujarat Gas.
  • Gujarat Gas Limited Q4FY2021 results

    2 Jun 2021 , 8:47AM Sharp 22%/29% beat in operating profit/PAT led by higher-than-expected volume growth of 22% y-o-y and lower-than-expected contraction in EBITDA margin at RS5.1/scm
  • Gujarat Gas – Green focus leads to earnings

    15 Mar 2021 , 10:26AM Gujarat Gas – Green focus leads to earnings, valuation upgrades
  • Gujarat Gas hikes prices

    29 Dec 2020 , 10:12AM Industrial PNG prices raised by Rs. 4/scm for customers at Morbi ceramic hub
  • Gujarat Gas

    23 Dec 2020 , 10:36AM CRISIL has reaffirmed its 'CRISIL AA+/Stable’ credit rating on the bank facilities of Gujarat Gas Limited.
  • Gujarat Gas

    4 Dec 2020 , 9:36AM As per media reports, Gujarat Gas is likely to increase industrial PNG price by Rs2.5/scm given recent sharp increase in the spot LNG price to $6/mmbtu. Any price hike would be positive for Gujarat Gas as it would help it to sustain gross margin. Additionally, the gas sales volume remains strong at 10.5mmscmd in November (above FY2020 volume of 9.4mmscmd). We have Buy rating on Gujarat Gas.
  • Gujarat Gas Q2FY2021 results

    6 Nov 2020 , 10:35AM Gujarat Gas Q2FY2021 results – Sharp beat in PAT at Rs475 crore (up 2.4x y-o-y) led by beat in EBITDA margin at Rs8.2/scm (up 87.5% y-o-y) and volume at 9.8mmscmd (up 5.5% y-o-y)
  • Earnings: Gujarat Gas

    6 Nov 2020 , 10:04AM Gujarat Gas reports strong Q2 earnings
  • Gujarat Gas

    1 Oct 2020 , 10:05AM The company has announced that its gas sales volume has recovered sharply to 9.5mmscmd currently as compared to 9.44mmscmd in FY2020 with industrial PNG volumes back to pre-COVID-19 levels. We highlight here that this is well known to the street and was also highlighted in our recent reports on Gujarat Gas.
  • Gujarat Gas

    11 Sep 2020 , 11:28AM CARE ratings has upgraded rating of Gujarat Gas’s long-term facilities to CARE AA+ from CARE AA. The outlook has been revised to stable from positive.
  • Gujarat Gas

    9 Sep 2020 , 10:03AM The company has reduced the Industrial PNG prices for Morbi ceramic and tiles companies by Rs2.5/scm (on the expected lines) to Rs24.15/scm to pass on the lower LNG prices and to protect volume from potential competition from alternative fuels (propane). Although the price cut would impact the margins in near term but the management has maintained that EBITDA margins would not fall below guidance of Rs4.5-5/scm for FY2021E. Additionally, ~0.5mmscmd of requirements of Morbi ceramic cluster is met through propane and thus the price cut would actually add to the volume (current run-rate is 9.5mmscmd plus level). We maintain our Positive view on Gujarat Gas.
  • Gujarat Gas

    5 Aug 2020 , 11:47AM Gujarat Gas Limited – Viewpoint (Q1FY21 results): Sharp volumes recovery brightens earnings outlook
  • Gujarat Gas

    30 Jun 2020 , 9:16AM Petroleum and Natural Gas Regulatory Board (PNGRB) has accepted proposal for transfer of Authorization of Amritsar District GA (Geographical Area) and Bhatinda District GA from Gujarat State Petronet Limited (GSPL) to Gujarat Gas. Accordingly, PNGRB has permitted Gujarat Gas to take over activities of laying, building, operating or expanding CGD network of Amritsar District GA (Geographical Area) and Bhatinda District GA. The development would benefit Gujarat Gas it would expand its geographical reach and add to volume growth in the long term. We have Positive view on Gujarat Gas.
  • Gujarat Gas

    11 Jun 2020 , 11:58AM As per media reports, Gujarat Gas is likely to cut industrial PNG price for Morbi ceramic units ~15% from July 2020 from current level of Rs29.5/scm to compete against alternative fuels. The likely price cut by Gujarat Gas is broadly in-line with expectations given subdued demand environment and would help Gujarat Gas attract volumes until there is overall revival in industrial PNG demand. We highlight here that Gujarat Gas' natural gas sales in Morbi have recovered to nearly at 50% of pre-COVID levels and are currently at 3.1-3.2mmscmd. We have Positive view on Gujarat Gas.
  • Gujarat Gas

    8 Jun 2020 , 11:40AM Gujarat Gas – Viewpoint: Robust Q4; low LNG price to drive volume growth
  • Gujarat Gas

    30 Apr 2020 , 11:23AM India Ratings and Research (Ind-Ra) has upgraded Gujarat Gas Limited’s long-term issuer rating to ‘IND AA+’ from ‘IND AA’ with stable outlook which reflects ongoing improvement in Gujarat Gas’s business profile owing to continued regulatory push towards cleaner fuels, established track record of expansion in margins and an increase in its geographical presence as the company has won new geographical areas won under the ninth and tenth rounds of the city gas distribution licence auctions.
  • Gujarat Gas

    9 Apr 2020 , 11:03AM The company has cut CNG price by Rs2.25/kg to Rs52.5/kg and domestic PNG price by Rs1/scm to Rs27.5/scm in Gujarat to reflect sharp cut in the domestic gas price by 26% to $2.4/mmbtu for H1FY2021 as per our interaction with the management of Gujarat Gas. We highlight here that CNG and domestic PNG accounts for 22% of overall gas sales volume of 9.3mmscmd of Gujarat Gas and thus we see marginal positive impact on gross margin (which is more sensitive to LNG prices given high share of Industrial volume at 77%) of Gujarat Gas from improvement in competitiveness of CNG versus petrol.
  • Gujarat Gas

    23 Mar 2020 , 9:22AM Gujarat Gas – Viewpoint: Best-placed to tide over Coronavirus and oil price fall
  • Gujarat Gas

    28 Feb 2020 , 10:37AM Gujarat Gas Limited – Viewpoint: Best placed to ride on rising gas demand
  • Gujarat Gas

    6 Feb 2020 , 12:58PM Gujarat Gas Limited: Viewpoint Q3FY20 result update: Steady earnings growth
  • Gujarat Gas up on upgrade rating

    27 Dec 2019 , 10:54AM Gujarat Gas rises by 3% to Rs. 232, after CRISIL upgrades the rating of long term rating of bank facilities
  • Gujarat Gas

    27 Dec 2019 , 10:22AM CRISIL has upgraded rating on the long-term bank facilities of Gujarat Gas to ' CRISIL AA+/Stable' from 'CRISIL AA/Positive'. Positive read through for Gujarat Gas. We have positive view on Gujarat Gas.
  • Gujarat Gas Ltd

    11 Dec 2019 , 11:23AM Viewpoint - Gujarat Gas Limited: Best bet in domestic CGD space
  • Gujarat Gas

    6 Nov 2019 , 11:07AM Gujarat Gas: Viewpoint – Good quarter; multiple volume growth catalysts
  • Gujarat Gas

    9 Oct 2019 , 11:17AM Gujarat Gas: CARE Ratings has reaffirmed its credit rating on long bank facilities of Gujarat Gas at ‘AA’ with positive outlook – sentimentally positive for Gujarat Gas.
  • Gujarat Gas reports strong set of nos with robust growth

    31 Jul 2019 , 10:55AM Gujarat Gas Q1FY2020 results – Substantial beat in operating profit/PAT led by higher-than-expected volume (up 42% y-o-y) and EBITDA margin (up 32% y-o-y)
  • Gujarat Gas operating profit at Rs. 254 crore

    7 May 2019 , 11:14AM Gujarat Gas Q4FY2019 results – Soft quarter due to lower than expected volume and margins; on positive side current volume traction is strong with run-rate at 8.5mmscmd (31% higher than Q4 volumes)
  • Gujarat Gas nod for new geographical areas

    4 Apr 2019 , 2:51PM Gujarat Gas receives grant of authorization for city gas distribution networks
  • Gujarat Gas gets grant of authorisation from PNGRB

    4 Apr 2019 , 9:25AM Gujarat Gas: Receives Grant of Authorisation from PNGRB for six city gas distribution networks; positive read through for Gujarat Gas
  • India ratings revises Gujarat Gas outlook to poisitive

    1 Apr 2019 , 9:22AM Gujarat Gas: India Ratings and Research (Ind-Ra) has revised Gujarat Gas's outlook to Positive from Stable while affirming its Long-Term Issuer Rating at 'IND AA' - sentimentality positive for Gujarat Gas.
  • Gujarat Gas jumps in strong market

    15 Jan 2019 , 2:25PM Gujarat Gas surges over 17% to Rs. 156.95, on the back of heavy volumes
  • Gujarat Gas Q2FY2019 results

    5 Nov 2018 , 11:08AM Gujarat Gas Q2FY2019 results – higher than expected volume & margin performance and higher other income led to beat in PAT (up 12.2% YoY)
  • Gujarat Gas board to consider Sub-division of shares

    16 Oct 2018 , 10:29AM Gujarat Gas board to meet on November 03, to consider Sub-division of Equity Shares
  • Gujarat Gas to consider stock split

    16 Oct 2018 , 9:03AM Board of Directors of Gujarat Gas to consider stock split of equity shares of Rs10 each on 03-November-2018 – sentimentally positive for the stock
  • Gujarat Gas hikes PNG, CNG prices

    3 Oct 2018 , 11:16AM Gujarat Gas has increased CNG prices by Rs. 3.95/kg, to Rs. 54.70/kg and domestic PNG rate by Rs 2.83/scm to Rs. 24.78/scm to factor in recent hike in the domestic gas price. The move is positive for Gujarat Gas as the price hike would help it to maintain gross margins.
  • PNGRB issues the letter for Grant of Authorisation

    18 Sep 2018 , 11:36AM Gujarat Gas Limited (GGAS) announced that PNGRB has issued the letter for Grant of Authorisation to GGAS to lay, build, operate, or expand city gas distribution network for the Geographical Area of Narmada (Rajpipla) District in the State of Gujarat and GGAS has also accepted the same - positive read through for GGAS.
  • Gujarat Gas gets authorisation from PNGRB

    18 Sep 2018 , 10:30AM Gujarat Gas grants infrastructure exclusivity till 2043 and marketing exclusivity till 2026
  • Gujarat Gas Limited: Viewpoint

    1 Aug 2018 , 11:36AM Gujarat Gas Limited: Viewpoint - Miss in volumes but margins remain strong; Steady earnings recovery on cards
  • Gujarat Gas net profit surges by 16% (YoY)

    31 Jul 2018 , 11:47AM Gujarat Gas net profit rises by 16.3% to Rs121 cr for the Quarter ended June 30, 2018 (YoY)
  • Gujarat Gas reports strong volume growth outlook

    15 May 2018 , 11:05AM We maintain our Positive view on GGAS and expect 15% upside from current levels.
  • Gujarat Gas reports healthy volume growth of 11.6%

    14 May 2018 , 11:00AM Lower than expected EBITDA margin and higher than expected ETR led to miss in PAT
  • Gujarat Gas increases retail price of CNG

    18 Apr 2018 , 11:49AM Positive read through for Gujarat Gas.
  • Government expected to increase the domestic natural gas price

    21 Mar 2018 , 9:17AM Largely neutral for city gas distribution companies (Gujarat Gas, Indraprastha Gas and Mahanagar Gas) as we believe that gas price hike would be passed on to CNG/domestic PNG customers to help maintain gross margins.
  • Gujarat Gas reports higher than expected results in Q3FY18

    5 Feb 2018 , 11:40AM Higher than expected volume & margin performance and higher other income led to beat in PAT (up 42.6% YoY)
  • Gujarat Gas hikes industrial gas prices

    26 Dec 2017 , 9:36AM Positive read through for Gujarat Gas as the price hike would help it retain its margins given industrial segment accounts for 70% of its overall gas sales volumes.
  • Gujarat Gas Q2 volume outlook remains robust

    8 Nov 2017 , 11:39AM Gujarat Gas Limited: Viewpoint - Weak quarter
  • Gujarat Gas hikes CNG and domestic PNG price

    5 Oct 2017 , 9:05AM Gujarat Gas hiked CNG and domestic PNG price to reflect higher domestic gas price; positive read through
  • Gujarat Gas Q1FY2018 results – strong growth in profits

    11 Aug 2017 , 2:48PM Gujarat Gas reported strong set of results with PAT at Rs104 crore (3.1x QoQ jump and up 39.4% YoY) led by improvement in volumes (+19% YoY; +1% QoQ) and gross margins.
  • Gujarat Gas Q1FY2018 results: Strong growth in profits

    11 Aug 2017 , 9:05AM Gujarat Gas reported strong set of results with PAT at Rs104 crore (3.1x QoQ jump and up 39.4% YoY) led by improvement in volumes (+19% YoY; +1% QoQ) and gross margins.

Key fundamentals

Evaluate the intrinsic value of Gujarat Gas Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 8453.65 7689.26 6995.61 6080.37 5252.6
Liabilities 8453.65 7689.26 6995.61 6080.37 5252.6
Equity 137.68 137.68 137.68 137.68 137.68
Gross Profit 1879.76 1876.38 2391.99 2076.3 2087.82
Net Profit 1145.51 1142.77 1525.47 1285.64 1275.5
Cash From Operating Activities 1805.86 1634.04 2377.96 1661.76 1655.18
NPM(%) 6.94 7.28 9.1 7.81 12.94
Revenue 16486.95 15690.19 16759.4 16456.22 9854.25
Expenses 14607.19 13813.81 14367.41 14379.92 7766.43
ROE(%) 14.36 14.32 19.12 16.11 15.99

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
5.82 291 0 467.15
09 Sep 2024 5.66 283 0 548.2
11 Sep 2023 6.65 332.5 0 462.85
19 Aug 2022 2 100 0 507.05
08 Sep 2021 2 100 0 540.4
09 Sep 2020 1.25 62.5 0 285.5
12 Sep 2019 1 50 0 159.9
20 Sep 2017 3 30 0 769.6
21 Sep 2016 2.5 25 0 519.45
17 Dec 2015 5 50 0 579.1

Peers

Other companies within the same industry or sector that are comparable to Gujarat Gas Ltd

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Inox Green Energy Services Ltd 180.95 -0.22 188.49 13457.43 7.60 0.00
Prozone Realty Ltd 35.60 -0.36 0.00 6994.56 14.84 0.00
Sahyadri Industries Ltd 291.30 3.10 16.38 501.89 240.90 0.34
Jindal Photo Ltd 912.25 -5.15 3.20 470.19 2588.62 0.00

Company Info

GSPC Gas Company Limited which excels in operational efficiencies and Gujarat Gas Company Limited, a pioneer in business brings 25 years of excellence in gas distribution business practices have now become one. Together, they now command unparalleled resources, expertise and execution skills.The new amalgamated entity, Gujarat Gas Limited (formerly known as GSPC Distribution Networks Limited), has emerged as India's largest city gas distribution player with presence spread across 19 Districts in the State of Gujarat and Union Territory of Dadra Nagar Haveli and Thane GA which includes Palghar district of Maharashtra. The new entity has India's largest customer base in major user segments.The new amalgamated entity Gujarat Gas Limited is committed to reach out to every possible natural gas user in its expanded geographical area. The size and scale of the combined entity gives it the ability to achieve efficiencies and effectively manage the transformational changes in the sector. This major gain in productivity would benefit all the key stakeholders, i.e. Customers and Shareholders.A network of 15000 km-long gas pipeline and 235 CNG stations constituting 23%* of all CNG stations in the country. Provides 6.2 MMSCMD of Natural Gas to 38%* of all domestic customers (10,27,957), 53%* of all Commercial customers and 47%* of all Industrial customers in India. 2015 -Gujarat Gas has changed its name from 'GSPC Distribution Networks Ltd.' to 'Gujarat Gas Ltd.' 2016 -Gujarat Gas gets nod from Petroleum and Natural Gas Regulatory Board (PNGRB) for gas distribution. 2017 - Gujarat Gas enters into MoU with Petronet LNG. 2019 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

GSPC Gas Company Limited which excels in operational efficiencies and Gujarat Gas Company Limited, a pioneer in business brings 25 years of excellence in gas distribution business practices have now become one. Together, they now command unparalleled resources, expertise and execution skills.The new amalgamated entity, Gujarat Gas Limited (formerly known as GSPC Distribution Networks Limited), has emerged as India's largest city gas distribution player with presence spread across 19 Districts in the State of Gujarat and Union Territory of Dadra Nagar Haveli and Thane GA which includes Palghar district of Maharashtra. The new entity has India's largest customer base in major user segments.The new amalgamated entity Gujarat Gas Limited is committed to reach out to every possible natural gas user in its expanded geographical area. The size and scale of the combined entity gives it the ability to achieve efficiencies and effectively manage the transformational changes in the sector. This major gain in productivity would benefit all the key stakeholders, i.e. Customers and Shareholders.A network of 15000 km-long gas pipeline and 235 CNG stations constituting 23%* of all CNG stations in the country. Provides 6.2 MMSCMD of Natural Gas to 38%* of all domestic customers (10,27,957), 53%* of all Commercial customers and 47%* of all Industrial customers in India. 2015 -Gujarat Gas has changed its name from 'GSPC Distribution Networks Ltd.' to 'Gujarat Gas Ltd.' 2016 -Gujarat Gas gets nod from Petroleum and Natural Gas Regulatory Board (PNGRB) for gas distribution. 2017 - Gujarat Gas enters into MoU with Petronet LNG. 2019 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

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Parent Organisation

Gujarat Gas Ltd.

Founded

21/02/2012

Managing Director

Mr.Milind Torawane

NSE Symbol

GUJGASLTDEQ

FAQ

The current price of Gujarat Gas Ltd is ₹ 464.00.

The 52-week high for Gujarat Gas Ltd is ₹ 467.70 and the 52-week low is ₹ 458.70.

The market capitalization of Gujarat Gas Ltd is currently ₹ 31941.30. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Gujarat Gas Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Gujarat Gas Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Gujarat Gas Ltd shares.

The CEO of Gujarat Gas Ltd is Mr.Milind Torawane, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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