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Gujarat Gas Ltd Share Price

Gas Distribution

NSE: GUJGASLTD Mid Cap ISIN: INE844O01030
As on 22 January 2025 at 09:49 IST
As on 22 January 2025 at 09:49 IST
492.95
-6.30
(-1.26%)
About Gujarat Gas Ltd

Gujarat Gas Ltd. (GGL) is a major name in India’s natural gas distribution industry. It focuses on supplying natural gas to residential, commercial and automotive sectors. GGL has built a large network of pipelines and Compressed Natural Gas (CNG) stations to deliver natural gas across many states. Gujarat Gas Ltd. was founded in 1980 and has decades of experience in this field. Its headquarters are located in Ahmedabad, Gujarat. The company operates in the City Gas Distribution (CGD) sector and helps promote cleaner energy alternatives, reducing the reliance on traditional fossil fuels. Read More...

Over 1 Month
0.11%
Over 6 Months
-22.42%
Over 1 Year
-9.79%
Over 3 Years
-28.78%

Gujarat Gas Ltd Summary

Close ₹ 492.95
Open ₹ 497.25
High ₹ 501.30
Low ₹ 492.50
Volume 52,560
Net Turnover (in ₹) ₹ 23,71,36,047.30
52Wk High ₹ 689.95
52Wk Low ₹ 442.50
52Wk High / Low
442.50
689.95

Gujarat Gas Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 34,367.88
EPS (TTM) 17.80
Book Value (BV) 115.34
Div. Yield 1.13 %
P/E (TTM) 27.13
Price/Book Value 4.33
Delivery % 53.04 %
Face Value 2

Key Ratios

PE Ratio 32.79
PB Ratio 4.87
EV to Sales 2.34
PEG Ratio -1.31
ROA 14.35
ROE 15.56
Debt-Equity 0.02
Net Profit Margin 7.01
Operating Profit Margin 12.67

Gujarat Gas Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue15,796.3016,860.7316,547.099,938.0210,384.23
Total Expenses14,317.4214,836.0214,821.658,242.589,176.22
Profit Before Tax1,537.142,027.571,715.161,697.551,207.98
Profit After Tax1,143.701,528.381,287.371,270.371,198.82
Operating Profit after Depreciation1,508.192,065.061,782.261,812.201,400.18

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets7,779.927,361.886,656.296,063.035,584.70
Total Non Current Assets9,462.768,948.248,197.307,198.496,485.16
Total Current Assets2,228.811,979.191,390.031,340.521,440.25
TOTAL ASSETS11,691.5710,927.439,587.338,539.017,925.41
Total Shareholder's Fund7,722.487,027.955,629.934,477.563,317.35

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities1,634.042,375.491,661.741,658.781,419.83
Net Cash used in Investing Activities-878.65-1,039.05-1,293.53-614.35-466.47
Net Cash used in Financing Activities-514.11-678.37-628.44-1,317.91-502.37

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue15,797.9416,860.6716,546.969,937.8810,384
Total Expenses14,317.4214,836.0214,821.658,242.589,176.22
Profit Before Tax1,536.212,024.651,713.411,695.301,207.78
Profit After Tax1,142.771,525.471,285.641,268.151,193.32
Operating Profit after Depreciation1,509.832,0651,782.131,812.061,399.95

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets7,779.927,361.886,656.296,063.035,584.70
Total Non Current Assets9,429.548,915.908,167.667,170.466,459.20
Total Current Assets2,228.811,979.191,387.621,338.211,438.07
TOTAL ASSETS11,658.3510,895.099,555.288,508.677,897.27
Total Shareholder's Fund7,689.266,995.615,599.304,448.643,290.62

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities1,634.042,377.961,661.761,658.811,421.90
Net Cash used in Investing Activities-878.65-1,041.33-1,293.54-612.40-466.70
Net Cash used in Financing Activities-514.11-678.37-628.44-1,317.91-502.37

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue3,781.754,450.304,134.183,929.103,845.40
Total Expenses3,267.593,914.663,543.103,528.423,348.78
Profit Before Tax417.03444.23550.65297.11399.16
Profit After Tax308.74330.71410.48221.02296.25
Operating Profit after Depreciation554.52575.12623.10424.38524.87

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue3,781.754,450.304,134.183,929.103,845.40
Total Expenses3,267.593,914.663,543.103,528.423,348.78
Profit Before Tax415.22443.30549.71296.43400.71
Profit After Tax306.93329.78409.54220.34297.80
Operating Profit after Depreciation552.71574.19622.16423.70526.42

Gujarat Gas Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 494
S2 488.75
S3 483.60
Pivot 499.15
R1 504.40
R2 509.55
R3 514.80

Moving Average

20 SMA 499.04
50 SMA 495.35
100 SMA 544.83
200 SMA 568.88

Gujarat Gas Ltd Corporate Actions

Gujarat Gas Ltd

₹5.66/Share

Announcement Date 09 Sep 2024
Record Date 09 Sep 2024
Div Yield 283%

Gujarat Gas Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Gujarat Gas Ltd ₹499.15 ₹34,360.99
GAIL (India) Ltd ₹179.95 ₹1,18,318.92
Adani Total Gas Ltd ₹665.95 ₹73,241.85
Petronet LNG Ltd ₹325.15 ₹48,772.50
Indraprastha Gas Ltd ₹395.55 ₹27,688.53
Gujarat State Petronet Ltd ₹363.05 ₹20,483.69

Gujarat Gas Ltd News

Gujarat Gas Ltd down for fifth straight session

Gujarat Gas Ltd is quoting at Rs 491.3, down 1.5% on the day as on 13:19 IST on the NSE. The stock tumbled 9.2% in last one year as compared to a 8.66% rally in NIFTY and a 2.01% fall in the Nifty Energy index.

10 Jan 2025, 01:35 pm

Gujarat Gas gains as Q2 PAT climbs YoY to Rs 307 crore

Gujarat Gas rallied 3.64% to Rs 546.90 after the company's standalone net profit increased 3.07% to Rs 306.93 crore in Q2 FY25 as compared with Rs 297.80 crore in Q2 FY24.

07 Nov 2024, 12:16 pm

Gujarat Gas to convene board meeting

On 6 November 2024

07 Oct 2024, 02:06 pm

CRISIL Ratings keeps ratings of Gujarat Gas on 'watch with developing implications'

Gujarat Gas (GGL) said that CRISIL Ratings has placed its rating on the long-term bank facilities of the company on 'rating watch with developing implications'.

11 Sep 2024, 12:48 pm

Gujarat Gas ends stronger after board OKs corporate re-structuring proposal

Gujarat Gas (GGL) surged 11.91% to close at Rs 678.95 on the BSE after the company's board approved a restructuring scheme that would eliminate the layered structure of the GSPC Group and unlock value for its various stakeholders.

02 Sep 2024, 04:26 pm

Gujarat Gas Ltd Stock Analysis

  1. Annual revenue for Gujarat Gas Ltd decreased by 6.30% to ₹15,797.94 crore in FY 2024 from ₹16,860.67 crore in FY 2023.
  2. Annual Net Profit for Gujarat Gas Ltd decreased by 25.09% to ₹1,142.77 crore in FY 2024 from ₹1,525.47 crore in FY 2023.
  3. Promoter Shareholding in Gujarat Gas Ltd remains unchanged by 0.00% in the most recent quarter, from 60.89% in September 2024 to 60.89% in December 2024.
  4. Gujarat Gas Ltd delivered a 1-year return of -9.79% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
  5. Gujarat Gas Ltd share price moved down by 1.26% from its previous close of INR ₹499.25. The latest Gujarat Gas Ltd share price is INR ₹492.95.
  6. Gujarat Gas Ltd share price today has been at a low of 492.35 and a high of 501.30. Over the past 52 weeks, the Gujarat Gas Ltd share price has seen a low of 442.50 and a high of 689.95.

About Gujarat Gas Ltd

Gujarat Gas Ltd. (GGL) is a major name in India’s natural gas distribution industry. It focuses on supplying natural gas to residential, commercial and automotive sectors. GGL has built a large network of pipelines and Compressed Natural Gas (CNG) stations to deliver natural gas across many states.

GGL operates in the City Gas Distribution (CGD) sector, which focuses on distributing natural gas to people in urban and semi-urban areas. This is important because it helps promote cleaner energy alternatives, reducing the reliance on traditional fossil fuels like petrol and diesel.
Gujarat Gas Ltd. was founded in 1980 and has decades of experience in this field. Its headquarters are located in Ahmedabad, Gujarat. The Gujarat State Petronet Limited is the primary promoter of GGL, holding a significant share of the company at 54.17 %. GSPl is a subsidiary of a state-owned company, GSPC, giving GGL strong backing and strategic support.

The company offers two main products: Piped Natural Gas (PNG) for homes, businesses, and industries and Compressed Natural Gas (CNG) for vehicles. GGL operates over 811 CNG stations and manages an extensive network of pipelines to ensure the supply of natural gas across its regions.
Gujarat Gas Ltd. is the largest City Gas Distribution company in India in terms of sales volume. It holds a leading position in the CGD industry, operating in 44 districts across six states and one Union Territory. With such a vast presence, GGL is a dominant force in the market.

GGL’s registered office is in Gandhinagar, Gujarat, while their registrar is situated in Hyderabad. Plus, its management team ensures that all operations comply with regulatory standards. Here is a list of their top managing promoters -
  • Raj Kumar
  • Milind Torawane
  • Balwant Singh
  • Rekha Jain
  • Yogesh Singh

Gujarat Gas Ltd. is constantly expanding its services and geographic reach. Hence, it plays a major role in India’s shift toward natural gas and sustainable energy solutions.

The Influence of Gujarat Gas Ltd. on Vehicle Fuel Trends

Gujarat Gas Ltd. (GGL) has played a key role in changing the way people think about vehicle fuel, especially in the areas where it operates. As the largest City Gas Distribution company in India, GGL has helped drive the shift toward using Compressed Natural Gas (CNG). CNG is a cleaner alternative to traditional fuels like petrol and diesel. This change has had a huge impact on cost savings for consumers and the country’s energy security.

One of the main ways GGL has shaped vehicle fuel trends is through its widespread network of CNG stations. With over 811 stations across multiple states, GGL has made it easier for consumers to access CNG. This convenience has encouraged more people to switch from petrol and diesel to CNG. This is not only more affordable but also better for the environment. The lower price of CNG compared to traditional fuels offers consumers significant savings. Therefore, it has become a popular choice for both private car owners and commercial fleet operators.

The environmental benefits of CNG are another major reason for its growing popularity. CNG produces fewer harmful emissions, such as carbon monoxide and nitrogen oxides, compared to petrol and diesel. Through promoting the use of CNG, GGL has helped reduce air pollution in urban areas—a big issue in many Indian cities. This move toward cleaner fuel has also been supported by government policies aimed at improving air quality.

Beyond just supplying CNG, GGL has taken steps to raise awareness about its benefits. The company has launched various initiatives and other key stakeholders to encourage the adoption of CNG vehicles. This collaborative approach has helped create a strong ecosystem for CNG. It has also helped with the production of CNG-compatible vehicles and the necessary infrastructure to support them.

The economic benefits of GGL’s efforts are also significant. As a cheaper alternative to petrol and diesel, GGL has helped lower fuel costs for consumers. This has been especially beneficial for commercial vehicle operators, who depend on fuel for their daily work. The savings on fuel costs have increased their profits and improved their livelihoods.
Moreover, GGL’s focus on expanding its CNG network has created many job opportunities in the areas where it operates. Setting up new CNG stations and maintaining the existing ones requires a skilled workforce, which contributes to local employment and economic growth.

In terms of energy security, GGL’s promotion of CNG has helped diversify the energy sources used in the transportation sector. It has even reduced the reliance on imported oil, thus contributing to improving India’s energy security. This is particularly important because India imports a large portion of its crude oil needs. Using domestically produced natural gas for CNG helps reduce the trade deficit and strengthens the country’s balance of payments.

Gujarat Gas Ltd. has had a major influence on vehicle fuel trends in India. Through its extensive CNG network, GGL has successfully promoted CNG as a cleaner and cheaper alternative to traditional fossil fuels. This shift has resulted in significant benefits for the economy and the country’s energy security. In turn, it has made GGL a key player in the transformation of India’s transportation fuel landscape.

FAQ’s

What is the share price of Gujarat Gas Ltd today?

Gujarat Gas Ltd share price as on 22 Jan 2025 is ₹ 492.95

What is the Market Cap of Gujarat Gas Ltd?

The market cap of Gujarat Gas Ltd stock is ₹34,367.88 Cr.

What is the PE Ratio of Gujarat Gas Ltd?

The Price to Earnings (P/E) Ratio of Gujarat Gas Ltd is 32.79

What is the PB Ratio of Gujarat Gas Ltd?

The Price to Book (P/B) Ratio of Gujarat Gas Ltd is 4.87

What is the 52 week high of Gujarat Gas Ltd Share Price?

The 52 week high of Gujarat Gas Ltd share price stands at ₹689.95

What is the 52 week low of Gujarat Gas Ltd Share Price?

The 52 week low of Gujarat Gas Ltd share price stands at ₹442.50

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