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Company details

621.50
641.45
397.05
689.95
6M Return 14.88%
1Y Return 37.68%
Mkt Cap.(Cr) 42,952.09
Volume 1,296,821
Div Yield 0.90%
OI
-
OI Chg %
-
Volume 1,296,821

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Non-Electrical Utilities company Gujarat Gas announced Q1FY25 results:

  • The Company registered Revenue from Operations of Rs 4,615 crore during the quarter ended on 30th June 2024 as against Rs 3,924 crore for quarter ended on 30th June 2023.
  • The Standalone Profit After Tax (PAT) for the quarter ended on 30th June 2024 is Rs 330 crore as compared to Rs 215 crore for quarter ended on 30th June 2023. Reduction in spot gas prices and increase in volumes led to increase in profits in Q1FY25 compared to 01 FY24.
  • The standalone PAT for the current quarter Q1FY25 is Rs 330 crore as compared to Rs 410 crore in the previous quarter i.e. Q4FY24.
  • For the quarter ended on 30th June 2024, the Company's sales volumes increased by 19% to 10.98 mmscmd from 9.22 mmscmd during quarter ended on 30th June 2023. The industrial sales volumes increased to 7.25 mmscmd for quarter ended 30th June 2024 from 5.88 mmscmd for quarter ended 30th June 2023, an increase of 23%.

Result PDF

View Other Company Results

Gujarat Gas Ltd shares SWOT Analysis

Strengths (5)

  • Company with No Debt
  • Increasing Revenue every Quarter for the past 4 Quarters
  • Book Value per share Improving for last 2 years

Weakness (5)

  • MACD Crossover Below Signal Line
  • Negative Breakdown First Support (LTP < S1)
  • MFs decreased their shareholding last quarter

Opportunity (0)

Data not found

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 635.6
R2 640.8
R3 646.9
Pivot

629.45

S1 624.2
S2 618.1
S3 612.9
EMA SMA
637.2
627.8
608.5
574.8
630.1
634.7
605.2
566.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-09-02 668.91 3880418 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-09-02 669.09 3880418 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-25 508.95 444667 BSE
Name Category Shares
Governor of Gujarat PROMOTER 6.53%
Gujarat State Petronet Limited PROMOTER 54.17%

OUR RESEARCH VIEW

Investment recommendation
Call Date
14 Feb 2023
Entry Price 480.00
Target Price 520.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Gujarat Gas Ltd Stocks COMPARISON

Financials( in Cr) Gujarat Gas Ltd GAIL (India) Ltd Adani Total Gas Ltd Petronet LNG Ltd Indraprastha Gas Ltd
Price 623.95 219.73 799.50 334.15 548.10
% Change -1.01 0.87 -0.90 -0.58 3.44
Mcap Cr 42,952.09 144,474.67 87,929.81 50,122.50 38,367.05
Revenue TTM Cr 15,690.19 133,228.46 4,474.74 52,729.33 14,000.02
Net Profit TTM Cr 1,143.70 9,902.81 667.50 3,527.02 1,983.40
PE TTM 35.67 12.69 128.82 12.80 19.09
1 Year Return 37.68 77.92 25.09 40.22 17.15
ROCE 20.79 13.68 21.13 24.82 28.76
ROE 15.51 13.96 20.47 21.59 22.58
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 7,722.48 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,552.45 55,187.18
LAST 3M 78,949.90 36,775.55
LAST 6M 185,617.29 55,527.75
LAST 12M 327,694.01 111,035.44
Gujarat Gas Limited - Updates

Sep 16, 2024 l NSE Announcement

Gujarat Gas Limited - Change in Director

Sep 12, 2024 l NSE Announcement

Date Action Type Ratio
Sep 09, 2024 Dividend 283
Sep 11, 2023 Dividend 332.5
Aug 19, 2022 Dividend 100

Gujarat Gas Ltd Information

Stock PE (TTM)
35.67
Promoter Holding
60.89%
Book Value
112.1817
ROCE
20.79%
ROE
15.51%
Description
  • Gujarat Gas Ltd is in the largest gas distributor having a market capitalization of worth Rs. 49,942.69 crores, it is incorporated in the year 1980. It has reported consolidated sales of Rs. 2,995.81 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 539336, and also listed in the National Stock Exchange (NSE) with the code GUJGASLTD.

    Gujarat Gas Ltd is an Indian natural gas distribution company. It comes under the ownership of Gujarat State Petroleum Corporation. It operates primarily in Gujarat and is India’s largest city gas distribution company. Gujarat State Petroleum Limited acquired the ownership of Gujarat Gas Limited by purchasing a 65% stake in the company from BG Group in October’2012. Gujarat Gas Ltd operates in 22 districts of the state, the Union Territory of Dadra and Nagar Haveli, and the Thane district of Maharashtra. The pipeline network of Gujarat Gas Ltd is spread across 30 thousand kilometers. It has 559 CNG stations and provides Natural Gas to around 15 lakh households and 4 thousand industrial-grade customers. The promoters of the company own 60.89% of the stake in the company, Foreign Institutional Investors (FII) own 8.17%, Domestic Institutional Investors (DII) own 7.9% of the stake, and others (such as public & retail investors) hold the balance of 23.04%.

    In June 2021, quarterly net revenue was Rs. 3,010.87 crores, which has increased by approximately 178.03% from Rs. 1082.92 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 476.15 crores, which has also increased by nearly 712.71% from a net profit of Rs. 58.66 crores in June 2020. In June 2021, the reported operating profit was at Rs. 2,854.93 crores, which is also increased by 193.43% as compared to an operating profit of Rs. 972.95 crores for the quarter ending in June 2020. From Rs. 0.85 in June 2020, the EPS of Gujarat Gas Ltd has risen to Rs. 6.92 per share in June 2021. GUJGASLTD's stock closed at Rs. 725.5 on 18th August’2021 (NSE) and has returned 63.27% in the last six months and 134.98% in the previous year.

Registered Address

Gujarat Gas CNG Station, Sector 5/C, Gandhinagar, Gujarat, 382006

Tel : 91-79-23264222/26462980
Email : rajeshwari.sharma:gujaratgas.com
Website : http://www.gujaratgas.com, www.gspcgroup.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 539336
NSE Code : GUJGASLTD
Book Closure Date (Month) :
BSE Group : A
ISIN : INE844O01030

FAQ’s on Gujarat Gas Ltd Shares

You can buy Gujarat Gas Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gujarat Gas Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 17, 2024 04:00 PM the closing price of Gujarat Gas Ltd was Rs.623.95.

The latest PE ratio of Gujarat Gas Ltd as of Sep 17, 2024 04:00 PM is 35.67

The latest PB ratio of Gujarat Gas Ltd as of Sep 17, 2024 04:00 PM is 0.18

The 52-week high of Gujarat Gas Ltd share price is Rs. 689.95 while the 52-week low is Rs. 397.05

According to analyst recommendations, Gujarat Gas Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 17, 2024 04:00 PM, the market cap of Gujarat Gas Ltd stood at Rs. 42,952.09 Cr.

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