Gujarat State Petronet Ltd Share Price

Gas Distribution

NSE: GSPL Small Cap ISIN: INE246F01010

As on 22 January 2025 at 09:29 IST

₹370.60

+ 7.60

(2.09%)

Sell Buy

About Gujarat State Petronet Ltd

Gujarat State Petronet Ltd. (GSPL) is a state-owned natural gas transmission and infrastructure company. The company was established in 1998. GSPL has been in operation for over many decades. It plays a crucial role in developing Gujarat's gas grid infrastructure. The headquarters is located in Gandhinagar, Gujarat. Gujarat State Petronet’s main services include natural gas transmission through a high-pressure pipeline network, gas grid operation and maintenance, pipeline infrastructure development, and gas transportation services. The company falls under the energy infrastructure sector, specifically in the natural gas transmission segment. Read More...

Over 1 Month

0.64%

Over 6 Months

15.22%

Over 1 Year

4.42%

Over 3 Years

15.99%

Gujarat State Petronet Ltd Summary

Close ₹ 370.60

Open ₹ 366

High ₹ 372.60

Low ₹ 365.25

Volume 3,55,710

Net Turnover (in ₹) ₹ 52,24,56,985

52Wk High ₹ 469.70

52Wk Low ₹ 260.05

52Wk High / Low

260.05

469.70

Gujarat State Petronet Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 20,480.87

EPS (TTM) 19.93

Book Value (BV) 187.48

Div. Yield 1.38 %

P/E (TTM) 18.22

Price/Book Value 1.94

Delivery % 75.27 %

Face Value 10

Key Ratios

PE Ratio 15.64

PB 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 Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	17,481.32	18,249.58	18,096.42	11,626.48	12,351.26
Total Expenses	14,607.74	15,127.57	15,181.98	8,729.38	9,907.60
Profit Before Tax	2,934.73	3,124.80	2,956.57	2,935.59	2,437.54
Profit After Tax	2,183.73	2,342.01	2,231	2,192.41	2,278.64
Operating Profit after Depreciation	2,905.66	3,165.65	3,026.22	3,123.68	2,812.68

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	10,796.03	10,505.93	9,971.58	9,496.40	9,255.82
Total Non Current Assets	15,045.05	14,180.27	13,503.09	12,378.94	11,496.97
Total Current Assets	4,010.80	3,135.63	1,790.94	1,789.77	1,853.20
TOTAL ASSETS	19,055.84	17,315.91	15,294.04	14,168.72	13,350.17
Total Shareholder's Fund	10,824.87	9,448.90	7,918.74	6,390.77	4,884.27

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	2,803.40	3,339.97	2,748.02	2,897.30	2,770.88
Net Cash used in Investing Activities	-2,142.20	-1,815.49	-1,359.42	-1,079.63	-805.68
Net Cash used in Financing Activities	-547.33	-804.53	-1,659.32	-2,096.20	-1,493.93

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,366.59	1,930.21	2,124.52	2,148.69	2,427.86
Total Expenses	724.39	701.66	849.70	902	1,145.58
Profit Before Tax	1,642.20	1,228.55	1,274.83	1,246.69	1,282.28
Profit After Tax	1,284.64	944.95	979.05	930.69	1,111.25
Operating Profit after Depreciation	1,647.13	1,233.17	1,306.13	1,339.61	1,446.73

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	3,035.30	3,156.12	3,325.94	3,466.79	3,585.75
Total Non Current Assets	9,272.86	8,905.74	8,916.83	8,959.38	8,670.74
Total Current Assets	1,808	1,182.54	423.13	413.44	432.13
TOTAL ASSETS	11,080.86	10,088.28	9,339.96	9,372.82	9,102.88
Total Shareholder's Fund	10,270.07	9,273.18	8,442.91	7,545	6,722.55

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,172.42	966.35	1,075.17	1,241.22	1,360.23
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

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	3,992.12	4,727.01	4,532.20	4,389.08	4,265.22
Total Expenses	3,303.70	3,905.13	3,570.23	3,608.07	3,351.49
Profit Before Tax	576.80	711.56	899.23	660.72	789.13
Profit After Tax	423.17	526.55	663.11	496.20	590.40
Operating Profit after Depreciation	764.06	891.30	1,020.75	836.82	968.60

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	257.96	354.33	506.81	554.24	529.32
Total Expenses	65.01	53.33	128.83	174.78	119.04
Profit Before Tax	434.62	283.51	357.08	350.64	627.85
Profit After Tax	389.29	212.02	261.13	262.20	532.02
Operating Profit after Depreciation	486.82	333.80	407.60	400.54	676.59

Gujarat State Petronet Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 358.50

S2 354

S3 348.30

Pivot 364.20

R1 368.70

R2 374.40

R3 378.90

Moving Average

20 SMA 357.62

50 SMA 360.24

100 SMA 385.67

200 SMA 351.89

Gujarat State Petronet Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Gujarat State Petronet Ltd

₹5/Share

Announcement Date 06 Sep 2024

Record Date 06 Sep 2024

Div Yield 50%

AGM Date: 22 Sep 2022

AGM 22/09/2022 This is to inform that the 24thAGM of the Co. is scheduled on Thursday, 22ndSept22 at 3 PM thru VC/OAVM Pl. note that the Co. fixed following date: Sr. No Parti Relevant Dt. 1. Record Dt. for payment of Divi. Friday, 2ndSept22 (as at the close of the Busi. Hours) 2. Divi. Payout Date if declared at the 24thAGM scheduled to be held on 22ndSept22 On or before 21stOct22 to those members of the Co. whose name appears as: a)BOs as at the close of busi. hours on Friday, 2ndSept22, as per the list to be furnishd by the Depositories for Sh. held in Demat form b) Members in the ROM as on Friday, 2ndSept22, after giving effect to all valid sh. transfer in physi form recd as at the close of busi. hours on Friday, 2ndSept22 3. Cut- off date for the purpose of determining eligibility of the shareholders to vote thru remote E-voting or E-voting Facility Thursday, 15th Sept22 4. Period of Remote E-Voting Voting will commence from 9 AM on Monday, 19thSept22 and end on 5 PM on Wednesday, 21stSep22 (As Per BSE Announcement Dated on 17.08.2022) The 24th Annual General Meeting ('AGM') of Gujarat State Petronet Limited was held on 22nd September, 2022 to transact the business as stated in the Notice convening the AGM. In this regard, please find enclosed the summary of the proceedings of the AGM of the Company as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the same on record. Further to our letter dated 23rd September, 2022 forwarding summary of the proceedings of the 24th Annual General Meeting held on 22nd September, 2022, we submit herewith results of the votes cast through remote e-voting and e-voting at the Annual General Meeting on all Resolutions along with a copy of the Consolidated Scrutinizers' Report. You are requested to take the above on your record. (As per BSE Announcement Dated on 23/9/2022)

AGM Date: 14 Sep 2023

AGM 14/09/2023 Notice of 25th AGM and Annual Report of the Company for the FY 2022 - 23 (As Per BSE Announcement dated on 22.08.2023) Proceedings of the 25th Annual General Meeting of Gujarat State Petronet Limited (As Per BSE Announcement dated on 14.09.2023) Announcement of Results of Voting for 25th Annual General Meeting of Gujarat State Petronet Limited held on 14th September, 2023 along with copy of Scrutinizer''s Report. (As per BSE Announcement Dated on 16/09/2023)

AGM Date: 19 Sep 2024

AGM 19/09/2024 26th Annual General Meeting and Record Date for the payment of Dividend (As Per BSE Announcement dated on 22.08.2024) Copy of Scrutinizers Report for the 26th Annual General Meeting held on 19th September, 2024 (As Per BSE Announcement dated on 21.09.2024)

Gujarat State Petronet Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Gujarat State Petronet Ltd	₹363.05	₹20,483.69
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
Gujarat Gas Ltd	₹499.15	₹34,360.99
Indraprastha Gas Ltd	₹395.55	₹27,688.53

Gujarat State Petronet Ltd News

Volumes soar at Gujarat State Petronet Ltd counter

Gujarat State Petronet Ltd clocked volume of 178.73 lakh shares by 14:14 IST on NSE, a 45.8 times surge over two-week average daily volume of 3.90 lakh shares

17 Jan 2025, 02:30 pm

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, 10:40 am

Gujarat State Petronet announces board meeting date

On 7 November 2024

19 Oct 2024, 10:23 am

Gujarat State Petronet to hold AGM

On 19 September 2024

27 Aug 2024, 04:28 pm

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, 03:38 pm

Gujarat State Petronet Ltd Stock Analysis

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.
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.
Promoter Shareholding in Gujarat State Petronet Ltd remains unchanged by 0.00% in the most recent quarter, from 37.63% in September 2024 to 37.63% in December 2024.
Gujarat State Petronet Ltd delivered a 1-year return of 4.42% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Gujarat State Petronet Ltd share price moved up by 2.09% from its previous close of INR ₹363. The latest Gujarat State Petronet Ltd share price is INR ₹370.60.
Gujarat State Petronet Ltd share price today has been at a low of 365.25 and a high of 372.60. 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.

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.