Gujarat State Petronet Ltd Share Price

Gas Distribution

NSE: GSPL Small Cap ISIN: INE246F01010
As on 22 December 2024 at 22:56 IST
As on 22 December 2024 at 22:56 IST
371.55
+ 2.60
(0.70%)
Over 1 Month
10.64%
Over 6 Months
19.47%
Over 1 Year
29.68%
Over 3 Years
26.33%

Gujarat State Petronet Ltd Summary

Close 371.55
Open 361.80
High 373
Low 360.90
Volume 4,82,141
Net Turnover (in ₹) 23,31,79,864.55
52 Week High 469.70
52 Week Low 260.05
52Wk High / Low
260.05
469.70

Gujarat State Petronet Ltd Key Financial Data

Market Cap (in ₹ Cr) 20,734.77
EPS (TTM) 19.93
Book Value (BV) 187.48
Div. Yield 1.36
P/E (TTM) 18.45
Price/Book Value 1.96
Delivery % 46.75
Face Value 10

Gujarat State Petronet Ltd Key Ratios

P/E ratio 15.64
P/B ratio 1.96
EV to Sales 9.66
PEG Ratio 0.44
ROA 12.32
ROE 13.15
Debt-Equity -
Net Profit Margin 63.23
Operating Profit Margin 90.53

Gujarat State Petronet Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Gujarat State Petronet Ltd ₹367.65 ₹20,743.23
GAIL (India) Ltd ₹192.45 ₹1,26,537.79
Adani Total Gas Ltd ₹674.50 ₹74,182.19
Petronet LNG Ltd ₹336.40 ₹50,460
Gujarat Gas Ltd ₹499 ₹34,350.67
Indraprastha Gas Ltd ₹387.90 ₹27,153.03

Gujarat State Petronet Ltd News

GSPL slips as Q2 PAT declines 27% YoY to Rs 389 crore

Gujarat State Petronet (GSPL) declined 1.51% to Rs 384 after the company's net profit slipped 26.83% to Rs 389.29 crore on 51.27% fall in revenue from operations to Rs 257.96 crore in Q2 FY25 over Q2 FY24.

08 Nov 2024

Gujarat State Petronet announces board meeting date

On 7 November 2024

19 Oct 2024

Gujarat State Petronet to hold AGM

On 19 September 2024

27 Aug 2024

Gujarat State Petronet climbs 24% in seven days

Gujarat State Petronet rallied 5.14 % to Rs 395.80, extending gains for seventh consecutive trading session.

27 Aug 2024

Gujarat State Petronet schedules board meeting

On 8 August 2024

25 Jun 2024

Gujarat State Petronet Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue2,366.591,930.212,124.522,148.692,427.86
Total Expenses724.39701.66849.709021,145.58
Profit Before Tax1,642.201,228.551,274.831,246.691,282.28
Profit After Tax1,284.64944.95979.05930.691,111.25
Operating Profit after Depreciation1,647.131,233.171,306.131,339.611,446.73

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets3,035.303,156.123,325.943,466.793,585.75
Total Non Current Assets9,272.868,905.748,916.838,959.388,670.74
Total Current Assets1,8081,182.54423.13413.44432.13
TOTAL ASSETS11,080.8610,088.289,339.969,372.829,102.88
Total Shareholder's Fund10,270.079,273.188,442.917,5456,722.55

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities1,172.42966.351,075.171,241.221,360.23
Net Cash used in Investing Activities-1,015.59-701.89-3.59-437.86-310.22
Net Cash used in Financing Activities-284.25-202.58-1,082.33-809.12-1,029.74

Gujarat State Petronet Ltd Corporate Actions

Gujarat State Petronet Ltd

₹5/Share

Announcement Date 06 Sep 2024
Record Date 06 Sep 2024
Div Yield 50%

About Gujarat State Petronet Ltd

Gujarat State Petronet Ltd is a state-owned natural gas transmission and infrastructure company. It operates a vast network of natural gas pipelines. The company operates in the energy infrastructure sector, especially in the natural gas transmission segment.

Established in 1998, GSPL has been in operation for many decades. It is playing a crucial role in developing Gujarat's gas grid infrastructure. The company's headquarters is located in Gandhinagar, Gujarat. At this location, GSPL oversees its extensive pipeline network across the state.

GSPL is promoted by Gujarat State Petroleum Corporation Ltd. (GSPC), with the Government of Gujarat having a significant indirect stake. The promoter shareholding through GSPC and other government entities stands at 37.63%.

The company's main services include natural gas transmission through a high-pressure pipeline network and Gas transportation services. It also offers gas grid operation and maintenance and pipeline infrastructure development.

GSPL operates Gujarat's largest natural gas pipeline network, with over 2,700 km of pipeline infrastructure. It is one of India's largest state-level natural gas transmission companies. Also, it plays a vital role in Gujarat's gas-based economy.

The registered office of GSPC is located in GSPC Bhavan, Behind Udyog Bhavan, Sector-11, Gandhinagar-382010, Gujarat. Its registrar & transfer agent is Link Intime India Private Limited.
The vital managerial promoters of the company include:
  • Raj Kumar
  • Milind Torawane
  • M M Srivastava
  • Arti Kanwar
  • Bhadresh Mehta

The company has become a crucial player in Gujarat's energy infrastructure. This connects major industrial clusters, power plants, and city gas distribution networks. Its extensive pipeline network has been instrumental in making Gujarat the most extensively connected state in terms of natural gas infrastructure in India.

Goals of the Company

Gujarat State Petronet Ltd. (GSPL) is a state-owned natural gas transmission and infrastructure company. It has been instrumental in developing Gujarat's gas grid infrastructure. Established in 1998, GSPL operates in the energy infrastructure sector. However, it operates specifically in the natural gas transmission segment. The company's headquarters is located in Gandhinagar, Gujarat. Promoted by Gujarat State Petroleum Corporation Ltd. (GSPC), with a significant indirect stake from the Government of Gujarat.

Expansion of Pipeline Network
GSPL's primary objective is the strategic expansion of its natural gas pipeline network beyond the current 2,700 kilometres. The company is actively working to connect more industrial clusters, power plants, and city gas distribution networks across Gujarat and neighbouring states. These expansion strategies aim to enhance the availability and accessibility of natural gas.  This supports India's transition to a gas-based economy. GSPL is creating a more comprehensive and integrated gas transmission infrastructure. This is accomplished by developing new pipeline routes and interconnections.

Enhancing Operational Efficiency
Operational excellence remains a cornerstone of GSPL's strategy. The company is implementing advanced technologies and industry-leading practices. This implementation is to optimize the company's gas grid operations and maintenance. GSPL aims to achieve higher reliability and safety standards.  This is done through the deployment of sophisticated monitoring systems, predictive maintenance technologies, and automated control mechanisms. These initiatives focus on minimizing system downtime and reducing operational costs. This ensures consistent gas supply to consumers while maintaining safety standards in pipeline operations.

Sustainable Development
Environmental sustainability is increasingly central to GSPL's mission. The company has developed a comprehensive sustainability framework. This encompasses reducing environmental impact through eco-friendly practices and innovative technologies. These practices include initiatives to minimize greenhouse gas emissions, optimize energy consumption across operations, and promote clean energy adoption. GSPL is also investing in green technologies throughout its pipeline network. This demonstrates its commitment to environmental stewardship and climate change mitigation.

Customer-Centric Approach
GSPL's customer-focused strategy emphasizes understanding and exceeding customer expectations. The company is developing enhanced service offerings and improving communication channels. Also, it is implementing customer feedback systems to better serve its diverse client base. This approach includes providing customized solutions for different customer segments, ensuring competitive pricing, and maintaining high service reliability. Through these efforts, GSPL aims to strengthen its market position and foster long-term customer relationships.

Financial Performance and Growth
The company maintains a strong focus on financial stability and sustainable growth. GSPL's financial strategy encompasses strategic investments in infrastructure, operational cost optimization, and efficient capital allocation. By maintaining robust financial metrics and a healthy balance sheet, the company aims to create sustained value for stakeholders while funding its expansion plans. This includes careful management of the debt-equity ratio and strategic investment decisions to ensure long-term financial sustainability.

Innovation and Technology
Innovation and technology are at the core of GSPL's goals. The company aims to leverage cutting-edge technologies to improve its operations and services. GSPL seeks to develop innovative solutions that enhance its pipeline network's efficiency, safety, and sustainability. This is done by investing in research and development. The company's focus on innovation positions it as a leader in the natural gas transmission sector. 

Gujarat State Petronet Ltd. has set clear and strategic goals to drive its growth and success. By expanding its pipeline network, enhancing operational efficiency, prioritizing sustainability, adopting a customer-centric approach, achieving strong financial performance, and leveraging innovation and technology, GSPL is well-positioned to continue its leadership in the natural gas transmission sector. The company's commitment to these goals ensures its ongoing contribution to Gujarat's gas-based economy and its role as a crucial player in India's energy infrastructure.

Gujarat State Petronet Ltd Stock Analysis

  1. Annual revenue for Gujarat State Petronet Ltd increased by 22.61% to ₹2,366.59 crore in FY 2024 from ₹1,930.21 crore in FY 2023.
  2. Annual Net Profit for Gujarat State Petronet Ltd increased by 35.95% to ₹1,284.64 crore in FY 2024 from ₹944.95 crore in FY 2023.
  3. Promoter Shareholding in Gujarat State Petronet Ltd remains unchanged by 0.00% in the most recent quarter, from 37.63% in June 2024 to 37.63% in September 2024.
  4. Gujarat State Petronet Ltd delivered a 1-year return of 29.68% compared to the Nifty 50, which provided a return of 11.52% as of the last trading session.
  5. Gujarat State Petronet Ltd share price moved remains unchanged by 0.00% from its previous close of INR ₹371.55. The latest Gujarat State Petronet Ltd share price is INR ₹371.55.
  6. Gujarat State Petronet Ltd share price today has been at a low of 366.05 and a high of 375. Over the past 52 weeks, the Gujarat State Petronet Ltd share price has seen a low of 260.05 and a high of 469.70.

FAQ’s

What is the share price of Gujarat State Petronet Ltd today?

Gujarat State Petronet Ltd share price as on 22 Dec 2024 is ₹ 371.55

What is the Market Cap of Gujarat State Petronet Ltd?

The market cap of Gujarat State Petronet Ltd stock is ₹20,734.77 Cr.

What is the PE Ratio of Gujarat State Petronet Ltd?

The Price to Earnings (P/E) Ratio of Gujarat State Petronet Ltd is 15.64

What is the PB Ratio of Gujarat State Petronet Ltd?

The Price to Book (P/B) Ratio of Gujarat State Petronet Ltd is 1.96

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

The 52 week high of Gujarat State Petronet Ltd share price stands at ₹469.70

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

The 52 week low of Gujarat State Petronet Ltd share price stands at ₹260.05

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