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Gujarat State Petronet Ltd

Wed 21/05/2025,16:11:46 | NSE : GSPL

₹ 350.305.70 (1.65%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 342.85

Previous Close

₹ 344.60

Volume

1708495

Mkt Cap ( Rs. Cr)

₹19764.32

High

₹ 355.10

Low

₹ 342.85

52 Week High

₹ 469.70

52 Week Low

₹ 260.05

Book Value Per Share

₹ 198.33

Dividend Yield

1.44

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Gujarat State Petronet Ltd

Your Vote -

Buy

83.13%

Hold

16.04%

Sell

0.83%

83.13%

480 users have voted

Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

350.30

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Bid Total

21

Bid Price

Qty

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • GujaratStatePetronet - Trading Window-XBRL

    2 May 2025, 5:08PM Gujarat State Petronet Limited has informed the Exchange about Closure of Trading Window
  • GujaratStatePetronet - Board Meeting Intimation

    2 May 2025, 5:06PM Gujarat State Petronet Limited has informed the Exchange about Board Meeting to be held on 22-May-2025 to consider and approve the Yearly Audited Fina
  • GujaratStatePetronet - Trading Window

    2 May 2025, 4:57PM Gujarat State Petronet Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regula
  • GujaratStatePetronet - Updates

    2 May 2025, 4:51PM We hereby inform you that the meeting of the Board of Directors of the Company will be held on 22nd May, 2025, inter alia, to consider and approve the
  • GujaratStatePetronet - Board Meeting Intimation for Audited Financial Results For The Quarter And Financial Year Ended On 31S

    2 May 2025, 4:44PM Gujarat State Petronet Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2025 ,inter alia, to consid
  • GujaratStatePetronet - Disclosure under SEBI Takeover Regulations

    28 Apr 2025, 6:24PM Gujarat State Petroleum Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange B
  • GujaratStatePetronet - Disclosure under SEBI Takeover Regulations

    24 Apr 2025, 5:34PM Gujarat State Petroleum Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange B
  • GujaratStatePetronet has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    19 Apr 2025, 7:40PM As of March 2025, 37.63% is owned by Indian Promoters and 62.37% by Public. <p align=justify> Institutional holds 40.54% (Insurance Companies 0.65%) a
  • GujaratStatePetronet - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    11 Apr 2025, 11:37AM Gujarat State Petronet Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • GujaratStatePetronet - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    11 Apr 2025, 11:35AM Please find enclosed the Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for Quarter ended 31st March, 2025
  • GujaratStatePetronet - Trading Window-XBRL

    29 Mar 2025, 3:57PM Gujarat State Petronet Limited has informed the Exchange about Closure of Trading Window
  • GujaratStatePetronet - Trading Window

    29 Mar 2025, 12:12PM Gujarat State Petronet Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regula
  • GujaratStatePetronet - Updates

    15 Mar 2025, 4:33PM Gujarat State Petronet Limited has informed the Exchange regarding 'Letter from PNGRB regarding capacity expansion of GSPL's High Pressure Gujarat Gas
  • GujaratStatePetronet - Updates

    15 Mar 2025, 4:13PM Gujarat State Petronet Limited has informed the Exchange regarding 'letter from PNGRB regarding capacity expansion of GSPL's High Pressure Gujarat Gas
  • GujaratStatePetronet - Letter From PNGRB Regarding Capacity Expansion Of GSPL's High Pressure Gujarat Gas Grid By Laying Of

    15 Mar 2025, 4:25PM we wish to inform you that we have received the letter dated 12th March, 2025 from PNGRB regarding expansion of capacity of GSPL's High Pressure Gujar
  • GujaratStatePetronet - Letter From PNGRB Regarding Capacity Expansion Of GSPL's High Pressure Gujarat Gas Grid By Laying Of

    15 Mar 2025, 4:25PM we wish to inform you that we have received the letter dated 12th March, 2025 from PNGRB regarding expansion of capacity of GSPL's High Pressure Gujar
  • GujaratStatePetronet - Letter From PNGRB Regarding Capacity Expansion Of GSPL's High Pressure Gujarat Gas Grid By Laying Of

    15 Mar 2025, 4:25PM we wish to inform you that we have received the letter dated 12th March, 2025 from PNGRB regarding expansion of capacity of GSPL's High Pressure Gujar
  • Stock Update: Gujarat State Petronet Ltd Q3FY24 results

    19 Feb 2024 , 11:44AM Stock Update: Gujarat State Petronet Ltd Q3FY24 results – In-line Q3; core pipeline biz attractive
  • Stock Update: Gujarat State Petronet Limited Q2FY2024 Results Review:

    8 Nov 2023 , 11:32AM Stock Update: Gujarat State Petronet Limited Q2FY2024 Results Review: Strong Q2; core pipeline biz attractive
  • Stock update – GSPL

    23 Jun 2023 , 10:16AM Stock update – GSPL: Improved earnings outlook; core pipeline business attractively valued
  • GAIL , GSPL

    31 Mar 2023 , 12:28PM PNGRB sets unified pipeline tariff at Rs73.93/unit and the same will be effective from April 1, 2023. We believe that unified tariff would help gas transmission companies to add more gas transmission volume while it would be revenue neutral over the life of the pipeline. Overall positive for GAIL and GSPL.
  • Stock update – GSPL

    7 Dec 2022 , 11:43AM Stock update – GSPL: PNGRB tariff amendments remove key overhang
  • GSPL Q3FY22 results

    11 Feb 2022 , 10:01AM GSPL Q3FY22 results – PAT missed estimate on lower volume
  • Stock Update: GSPL Q2FY22 result review

    9 Nov 2021 , 10:43AM Stock Update: GSPL Q2FY22 result review - Mixed Q2; near-term volume to remain volatile
  • GSPL Q2FY22 results

    8 Nov 2021 , 10:20AM GSPL Q2FY22 results – Operating profit missed estimate of lower volumes; PAT above estimate on higher other income
  • GSPL – Stock update

    11 Aug 2021 , 9:15AM GSPL – Stock update (Q1FY22 results): Strong volumes aid Q1 beat; stock offers deep value
  • GSPL Q1FY22 results

    10 Aug 2021 , 10:17AM Beat of 5% in PAT at Rs233 crore (up 12.2% q-o-q) due higher volumes at 36.8mmscmd (up 8.7% q-o-q) offset by higher opex
  • GSPL – Stock update (Q4FY21 results)

    7 Jun 2021 , 10:49AM GSPL – Stock update (Q4FY21 results): Mixed quarter; attractive valuation
  • GSPL 4FY21 results

    4 Jun 2021 , 9:13AM Marginal miss of 2% in PAT at 208 crore (down 16% q-o-q) due to lower volumes at 33.8mmscmd (down 14% q-o-q) offset by lower opex and interest cost
  • Gujarat State Petronet Ltd

    12 Feb 2021 , 12:00PM The company’s board of directors has approved additional equity contribution of Rs205 crore in its Joint Venture company GSPL India Gasnet Limited (GIGL). GSPL holds 52% in GIGL and other partners includes IOCL (26%), BPCL (11%) & HPCL (11%). The cross-country natural gas pipeline projects are Mehsana-Bhatinda Pipeline and Bhatinda-Jammu-Srinagar Pipeline. The construction on Mehsana-Bhatinda Pipeline is 90% complete and expected to commence operation in next 3 months with estimated gas transmission volume of 10mmscmd (to be ramped up over next 10-12 months). The management has guided that the pipeline would generate cash profits from the very first year of the operations.
  • GSPL – Stock update

    12 Feb 2021 , 11:10AM GSPL – Stock update (Q3FY21 results): Strong Q3; value pick
  • GSPL Q3FY2021 results

    11 Feb 2021 , 11:26AM GSPL Q3FY2021 results: Decent quarter with beat of 6%/9 in operating profit/PAT; gas transmission volume remains strong at 39.4mmscmd (up 6.6% y-o-y)
  • 3R New stock Idea - Gujarat State Petronet Ltd

    9 Dec 2020 , 1:04PM 3R New stock Idea - Gujarat State Petronet Limited: Fully pumped up
  • Gujarat State Petronet Ltd (GSPL)

    14 Oct 2020 , 11:15AM CARE ratings has reaffirmed its long term and short term credit rating for GSPL at CARE AA+ with stable outlook and CARE A1+ respectively.
  • Gujarat State Petronet Ltd

    7 Aug 2020 , 10:39AM GSPL Q1FY21 results: PAT above estimates on lower opex and interest cost; slight miss in volume (down 13% y-o-y) but 2x y-o-y jump in volume from power sector
  • Gujarat State Petronet Ltd (GSPL)

    9 Jun 2020 , 10:48AM GSPL Q4FY20 results: PAT above estimate due to lower depreciation, interest and ETR; gas transmission volume at 36.8mmscmd (up 13.3% y-o-y) slightly above estimates; debt reduced by 31% y-o-y
  • Gujarat State Petronet Ltd.

    14 Feb 2020 , 10:35AM PAT below our estimate due to higher opex and lower other income; gas transmission volume at 36.9mmscmd (down 5.7% q-o-q) misses estimates
  • Gujarat State Petronet Ltd

    11 Nov 2019 , 12:05PM GSPL Q2FY20 results: PAT above our estimates led by higher transmission tariff and lower-than-expected tax rate
  • GSPL Q1 net profit at Rs. 206 crore

    5 Aug 2019 , 11:26AM GSPL Q1FY20 results: Sharp beat in PAT on account of higher-than-expected gas transmission volume at 38.2mmscmd (up 17.7% QoQ)
  • GSPL Q2FY19 results

    5 Nov 2018 , 11:00AM GSPL Q2FY19 results: Adjusted operating profit was lower than our estimated due to higher opex
  • PNGRB increases high pressure pipeline tariff by 28%

    28 Sep 2018 , 10:53AM Gujarat State Petronet Limited (GSPL) & GAIL: PNGRB increases high pressure pipeline tariff by 28% and low pressure pipeline tariff by 100%. The move is expected to increase GSPL profit by Rs100 crore – positive read through
  • GSPL Q1 net profit drops 5% (YoY)

    31 Jul 2018 , 11:37AM GSPL Q1 net profit falls by 5.3% at Rs144 crore for the Quarter ended June 30, 2018 (YoY)
  • GSPL reports strong performance in Q3FY18

    9 Feb 2018 , 2:55PM GSPL Q3FY18 results in-line operating profit (up 30.6% YoY), PAT up 53.1% YoY
  • GSPL Q2 results report better than expected volume growth

    14 Nov 2017 , 12:42PM GSPL Q2FY2018 results: Strong volume growth of 28.2% YoY to 31.6mmscmd; PAT up 36.3% YoY

Key fundamentals

Evaluate the intrinsic value of Gujarat State Petronet Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 10270.0699 9273.1834 8530.6499 8294.8694 7266.6849
Liabilities 10270.0699 9273.1834 8530.6499 8294.8694 7266.6849
Equity 564.2114 564.2114 564.2114 564.2114 564.1012
Gross Profit 1504.0844 1258.6849 1397.6172 1473.3322 1576.5689
Net Profit 1284.6406 944.9503 1009.7477 924.2433 1108.7326
Cash From Operating Activities 1172.4247 966.4167 1072.6822 1241.2229 1360.2343
NPM(%) 63.23 53.63 49.98 44.44 46.91
Revenue 2031.539 1761.8046 2020.021 2079.4157 2363.1201
Expenses 527.4546 503.1197 622.4038 606.0835 786.5512
ROE(%) 11.48 8.44 9.02 8.25 9.9

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
06 Sep 2024 5 50 1.43 293.65
01 Sep 2023 5 50 1.43 288.35
01 Sep 2022 2 20 1.43 259.55
08 Sep 2021 2 20 1.43 286.65
09 Sep 2020 2 20 1.43 222.15
12 Sep 2019 2 20 1.43 174.8
19 Sep 2018 1.75 17.5 1.43 175.05
20 Sep 2017 1.5 15 1.43 170
14 Sep 2016 1.5 15 1.43 133.7
15 Sep 2015 1.2 12 1.43 117.55
18 Sep 2014 1 10 1.43 81
19 Sep 2013 1 10 1.43 57.9
13 Sep 2012 1 10 1.43 62.5
15 Sep 2011 1 10 1.43 96.15
13 Sep 2010 1 10 1.43 91.6
26 Nov 2009 0.75 7.5 1.43 82.85
0.75 7.5 1.43 51.2
15 Sep 2008 0.5 5 1.43 55.75
10 Sep 2007 0.5 5 1.43 53.8
15 Sep 2006 0.25 2.5 1.43 32.4

Peers

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

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Diamines and Chemicals Ltd 383.50 1.04 100.92 337.69 158.12 0.65
Finolex Industries Ltd 189.98 0.56 14.73 21342.35 381.63 1.32
Styrenix Performance Materials Ltd 2990.30 1.16 23.03 607.12 984.72 3.28
Arabian Petroleum Ltd 76.35 -0.13 10.43 375.94 62.48 0.00

Company Info

The company was incorporated under companies Act, 1956 on Dec 23, 1998 as Gujarat State Petronet Ltd., and obtained its Certificate of commencement of business on April 7, 1999 Financial Event Year 2000-2001 We completed and commissioned the Hazira-Mora pipeline, our first pipeline. The grid was 14 kms long. We acquired this pipeline from GSPC in exchange for issue of shares of our Company to GSPC. 2001-2002 We commissioned 45 kms of the Amboli-Dahej pipeline and the total grid length increased to 59 kms. 2002-2003 We commissioned 66 kms of grid pipeline, which included Mora-Utran, Cairn-Mora and Bhadhut-Paguthan pipelines, and GNFC, Videocon and Mora Kribhco spur lines. The total grid length increased to 125 kms. 2003-2004 We commissioned the Paguthan-Baroda pipeline. The total grid length increased to 209 kms. 2004-2005 We commissioned the Baroda-Ahmedabad-Kalol pipeline, the GACL-Petronet pipeline, the Mora-Sajod pipeline and the Kalol-Santej pipeline, extending the network by an additional 224 kms. The total gas transmission network length increased to 433 kms. We awarded EPC contract for Mora-Vapi. We completed the Gandhinagar spur line, which was 15.5 kms in length. The total network length increased to 448.5 kms. The Company, GSPC and IDF executed the Share Subscription and Shareholders Agreement, pursuant to which IDF agreed to subscribe for Equity Shares for an amount of Rs.900 million. We demonstrated the reverse flow capability. 2005-2006 We commissioned the Mora gas terminal. We awarded EPC contracts for Anand-Rajkot, Kalol-Himmatnagar, Kalol - Mehasana and Anklav-Dhuvaran pipelines. The Company, GSPC, IDBI, IDFC and UTI Bank executed the Shareholders Agreement, pursuant to which IDFC, IDBI and UTI Bank agreed to subscribe for Equity Shares for an aggregate amount of Rs.1,000 million. The Company's operation and maintenance systems and procedures were certified by Del Norske Veritas as being in conformity with the ISO 9001:2000 quality management system standard. 2006 -Gujarat State Petronet Ltd, a gas distribution arm of Gujarat Petroleum Corporation Limited (GSPC), has signed an agreement with Reliance Industries Ltd (RIL) for transportation of 11 mmscmd gas from Bharuch to Jamnagar for a period of 15 years starting from the first quarter of 2008-2009. -Gujarat State Petronet signed Agreement for Transportation Services with Reliance Industries 2007 - Gujarat State Petronet Ltd has nominated Smt. V L Joshi, IAS on the Board of Directors of the Company. The appointment of Smt. V L Joshi, IAS was approved by the Board of Directors of the Company in their meeting held on April 26, 2007. 2010 - Gujarat State Petronet Ltd has appointed Shri J. K. Jain and Shri R. Vaidyanathan as Independent Directors of the Company w.e.f. March 12, 2010. 2011 -GSPL gets contract for 3 cross- country gas distribution pipelines -GSPL receives Letter of Authorization (LOA) from Petroleum and Natural Gas Regulatory Board for developing three Cross Country Natural Gas Transmission Pipelines. 2012 -Signing of Joint Venture Agreements among GSPL, IOCL, BPCL and HPCL for execution of three cross country pipeline projects awarded by PNGRB -The Company recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e.@ 10%). 2013 - Gujarat State Petronet recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e.@ 10%). 2014 -Gujarat State Petronet recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e.@ 10%). 2015 - GSPC Group company announced that it has been awarded a 5-star grading from the Occupational Health and Safety Audit that was conducted by the British Safety Council 2016 GSPL has purchased 27.43% of Financial Institutions' holding in SGL".We would like to inform that there is an inadvertent error in the above mentioned statement and the same may be read as "GSPL has purchased 27.50% of Financial Investors' holding in SGL." 2021 -GSPL has inform that the Company has further acquired/purchased 1,44,39,414 Equity Shares of GGL (i.e., 10.49% of the fully Paid-Up Equity Share Capital of Gujarat Gas Limited) from GSPC, by way of an inter-se promoter transfer in accordance with Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 through a Block Deal on 28th March, 2018 at a price of Rs. 836.25 per Share. Subsequent to the same, GSPL now holds 54.16% of the fully paid-up Equity Share Capital of GGL and accordingly in terms of the provisions of Section 2(87) of the Companies Act, 2013 GGL has become Subsidiary Company of GSPL.

The company was incorporated under companies Act, 1956 on Dec 23, 1998 as Gujarat State Petronet Ltd., and obtained its Certificate of commencement of business on April 7, 1999 Financial Event Year 2000-2001 We completed and commissioned the Hazira-Mora pipeline, our first pipeline. The grid was 14 kms long. We acquired this pipeline from GSPC in exchange for issue of shares of our Company to GSPC. 2001-2002 We commissioned 45 kms of the Amboli-Dahej pipeline and the total grid length increased to 59 kms. 2002-2003 We commissioned 66 kms of grid pipeline, which included Mora-Utran, Cairn-Mora and Bhadhut-Paguthan pipelines, and GNFC, Videocon and Mora Kribhco spur lines. The total grid length increased to 125 kms. 2003-2004 We commissioned the Paguthan-Baroda pipeline. The total grid length increased to 209 kms. 2004-2005 We commissioned the Baroda-Ahmedabad-Kalol pipeline, the GACL-Petronet pipeline, the Mora-Sajod pipeline and the Kalol-Santej pipeline, extending the network by an additional 224 kms. The total gas transmission network length increased to 433 kms. We awarded EPC contract for Mora-Vapi. We completed the Gandhinagar spur line, which was 15.5 kms in length. The total network length increased to 448.5 kms. The Company, GSPC and IDF executed the Share Subscription and Shareholders Agreement, pursuant to which IDF agreed to subscribe for Equity Shares for an amount of Rs.900 million. We demonstrated the reverse flow capability. 2005-2006 We commissioned the Mora gas terminal. We awarded EPC contracts for Anand-Rajkot, Kalol-Himmatnagar, Kalol - Mehasana and Anklav-Dhuvaran pipelines. The Company, GSPC, IDBI, IDFC and UTI Bank executed the Shareholders Agreement, pursuant to which IDFC, IDBI and UTI Bank agreed to subscribe for Equity Shares for an aggregate amount of Rs.1,000 million. The Company's operation and maintenance systems and procedures were certified by Del Norske Veritas as being in conformity with the ISO 9001:2000 quality management system standard. 2006 -Gujarat State Petronet Ltd, a gas distribution arm of Gujarat Petroleum Corporation Limited (GSPC), has signed an agreement with Reliance Industries Ltd (RIL) for transportation of 11 mmscmd gas from Bharuch to Jamnagar for a period of 15 years starting from the first quarter of 2008-2009. -Gujarat State Petronet signed Agreement for Transportation Services with Reliance Industries 2007 - Gujarat State Petronet Ltd has nominated Smt. V L Joshi, IAS on the Board of Directors of the Company. The appointment of Smt. V L Joshi, IAS was approved by the Board of Directors of the Company in their meeting held on April 26, 2007. 2010 - Gujarat State Petronet Ltd has appointed Shri J. K. Jain and Shri R. Vaidyanathan as Independent Directors of the Company w.e.f. March 12, 2010. 2011 -GSPL gets contract for 3 cross- country gas distribution pipelines -GSPL receives Letter of Authorization (LOA) from Petroleum and Natural Gas Regulatory Board for developing three Cross Country Natural Gas Transmission Pipelines. 2012 -Signing of Joint Venture Agreements among GSPL, IOCL, BPCL and HPCL for execution of three cross country pipeline projects awarded by PNGRB -The Company recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e.@ 10%). 2013 - Gujarat State Petronet recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e.@ 10%). 2014 -Gujarat State Petronet recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e.@ 10%). 2015 - GSPC Group company announced that it has been awarded a 5-star grading from the Occupational Health and Safety Audit that was conducted by the British Safety Council 2016 GSPL has purchased 27.43% of Financial Institutions' holding in SGL".We would like to inform that there is an inadvertent error in the above mentioned statement and the same may be read as "GSPL has purchased 27.50% of Financial Investors' holding in SGL." 2021 -GSPL has inform that the Company has further acquired/purchased 1,44,39,414 Equity Shares of GGL (i.e., 10.49% of the fully Paid-Up Equity Share Capital of Gujarat Gas Limited) from GSPC, by way of an inter-se promoter transfer in accordance with Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 through a Block Deal on 28th March, 2018 at a price of Rs. 836.25 per Share. Subsequent to the same, GSPL now holds 54.16% of the fully paid-up Equity Share Capital of GGL and accordingly in terms of the provisions of Section 2(87) of the Companies Act, 2013 GGL has become Subsidiary Company of GSPL.

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Parent Organisation

Gujarat State Petronet Ltd.

Founded

23/12/1998

Managing Director

Mr.Raj Kumar

NSE Symbol

GSPLEQ

FAQ

The current price of Gujarat State Petronet Ltd is ₹ 350.30.

The 52-week high for Gujarat State Petronet Ltd is ₹ 355.10 and the 52-week low is ₹ 342.85.

The market capitalization of Gujarat State Petronet Ltd is currently ₹ 19764.32. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Gujarat State Petronet 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 State Petronet 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 State Petronet Ltd shares.

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

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