Gujarat Gas
Gujarat Gas Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Gujarat Gas Limited, framed against the sector median so the premium or discount is obvious at a glance.
Gujarat Gas Limited trades at a P/E of 12.04× and P/B of 1.32×, against the Oil Gas & Consumable Fuels sector median P/E of 8.84×.
Valuation
Profitability
Growth
Financial Health
Gujarat Gas Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Gujarat Gas Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Gujarat Gas Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Gujarat Gas Limited, switchable between annual and quarterly views, consolidated or standalone.
Gujarat Gas Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,31,05,47,55,069.65 Cr and reported EPS of ₹0.33.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 6,339 | 7,962 | 10,526 | 10,042 | 16,787 | 17,306 | 16,293 | 17,185 | 24,425 |
| Other Income | 36 | 112 | 84 | 74 | 91 | 101 | 106 | 208 | 547 |
| Total Income | 6,375 | 8,074 | 10,610 | 10,116 | 16,878 | 17,407 | 16,399 | 17,393 | 24,972 |
| Cost of Goods Sold (COGS) | 4,678 | 6,083 | 7,882 | 6,990 | 13,437 | 13,273 | 12,556 | 13,216 | 18,610 |
| Gross Profit | 1,661 | 1,880 | 2,645 | 3,053 | 3,350 | 4,033 | 3,737 | 3,969 | 5,815 |
| +Operating Expenses | 766 | 895 | 1,010 | 965 | 1,274 | 1,641 | 1,861 | 2,089 | 2,763 |
| EBITDA | 895 | 985 | 1,634 | 2,088 | 2,076 | 2,392 | 1,876 | 1,880 | 3,052 |
| +Non-Operating Expenses | 468 | 466 | 510 | 457 | 430 | 469 | 559 | 543 | 1,000 |
| Profit Before Tax (PBT) | 463 | 594 | 1,208 | 1,705 | 1,714 | 2,025 | 1,535 | 1,545 | 2,300 |
| +Tax Expense | 172 | 177 | 9 | 429 | 428 | 499 | 393 | 401 | 763 |
| Total Profit for Period | 292 | 418 | 1,199 | 1,278 | 1,287 | 1,528 | 1,144 | 1,148 | 1,678 |
| Less: Non-controlling Interests | — | — | — | — | — | — | — | — | -341 |
| Net Profit (Owner's PAT) | 292 | 418 | 1,199 | 1,278 | 1,287 | 1,528 | 1,144 | 1,148 | 2,019 |
| Earnings Per Share (EPS) | 4.25 | 6.08 | 17.41 | 18.56 | 18.70 | 22.20 | 16.61 | 16.68 | 29.33 |
| Diluted Shares Outstanding (Nos.) | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 |
| +Additional Disclosures | 10,551 | 13,544 | 17,280 | 15,406 | 28,594 | 28,667 | 27,487 | 29,077 | 40,919 |
| Sales Growth % | — | 25.60 | 32.20 | -4.60 | 67.17 | 3.09 | -5.85 | 5.47 | 42.13 |
| YoY Sales Growth % | — | 25.60 | 32.20 | -4.60 | 67.17 | 3.09 | -5.85 | 5.47 | 42.13 |
| Material Cost % | 74 | 76 | 75 | 70 | 80 | 77 | 77 | 77 | 79 |
| Employee Cost % | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other Cost % | 10 | 9 | 8 | 8 | 6 | 8 | 10 | 11 | 10 |
| OPM % | 14 | 12 | 16 | 21 | 12 | 14 | 12 | 11 | 12 |
| Tax % | 37 | 30 | 1 | 25 | 25 | 25 | 26 | 26 | 33 |
| Profit Growth % | — | 43.09 | 186.49 | 6.58 | 0.76 | 18.72 | -25.17 | 0.40 | 75.81 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 623 | 697 | 1,316 | 1,747 | 1,691 | 1,964 | 1,402 | 1,369 | 2,153 |
Gujarat Gas segment analysis: revenue and profit mix.
Disclosed business segments at Gujarat Gas with their share of revenue and profit, switchable between consolidated and standalone reporting.
Gujarat Gas discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Gujarat Gas Limited.
Our AI distills the core fundamental drivers supporting Gujarat Gas Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.
Gujarat Gas Limited's investment case rests on 8 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
Gujarat Gas Ltd boasts a robust financial structure with a low debt-to-equity ratio of 0.02, indicating minimal debt reliance and strong financial flexibility. This low leverage enhances resilience against economic downturns and allows for future investments and growth.
Gujarat Gas Ltd shows strong operational efficiency with a healthy Return on Equity (ROE) of 14.2% and Return on Capital Employed (ROCE) of 19.5%. These metrics indicate efficient use of shareholder capital to generate profits.
A substantial 60.9% promoter holding signifies considerable confidence in Gujarat Gas Ltd's future and operational stability. This high ownership stake minimizes risks from external pressures or hostile takeovers, providing investors with a sense of security.
Gujarat Gas Ltd offers a respectable dividend yield of 1.42%, providing investors with a steady income stream. This consistent payout reflects the company's commitment to shareholder returns and its stable financial performance.
With a P/E ratio of 24.70, Gujarat Gas Ltd trades below its sector P/E of 27.70, suggesting it might be relatively undervalued compared to peers. This valuation gap could present an attractive entry point for long-term investors.
What can break it.
Gujarat Gas Ltd's recent quarterly sales have declined by 13%, suggesting potential challenges in market demand or operational inefficiencies. This negative trend needs close monitoring to assess its sustainability and impact on future profitability.
Gujarat Gas Ltd reported a slight decline in quarterly profit by 0.93%, indicating potential pressure on profitability. While minor, this trend warrants attention to ensure sustained earnings growth and operational efficiency.
Despite a high promoter holding, recent stock price volatility, including a 4.80 (-1.09%) drop on September 2nd, 2025, reveals inherent market risks. This price fluctuation underscores the need for cautious risk management.
Gujarat Gas Ltd's P/E ratio of 24.70 is higher than several peers like Petronet LNG (11.42) and MGL (11.78), suggesting a premium valuation. This higher multiple could limit upside potential if earnings growth doesn't accelerate.
Intense competition from other established players like Adani Total Gas and IGL in the city gas distribution sector could put pressure on Gujarat Gas Ltd's market share and pricing power.
What would change my mind.
Trim if P/E re-rates above 16 (~1.8× the sector multiple of 8.8). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.69. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Gujarat Gas Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Gujarat Gas Limited is highlighted for quick read-across.
Quick Compare
Gujarat Gas Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Gujarat Gas Limited — derived from the live tape, not yesterday's close.
Gujarat Gas Limited last traded at ₹352.85 with an intraday range of ₹351.35–₹369.55 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹352.85| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 400.88 | +48.03 | +13.61% |
| R3 | 382.68 | +29.83 | +8.45% |
| R2 | 376.12 | +23.27 | +6.59% |
| R1 | 364.48 | +11.63 | +3.30% |
| PIVOT | 357.92 | 5.07 | 1.44% |
| CURRENT | 352.85 | — | — |
| S1 | 309.88 | -42.97 | -12.18% |
| S2 | 328.08 | -24.77 | -7.02% |
| S3 | 339.72 | -13.13 | -3.72% |
| S4 | 346.28 | -6.57 | -1.86% |
GUJGASLTD is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 360.55 ~ 369.55
Trading Below opening range, showing Bearishness
Gujarat Gas Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Gujarat Gas Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Gujarat Gas Limited stood at 63.4% of traded volume, against a 20-day average of 50.8%.
Gujarat Gas announcements: results, concalls, ratings, M&A.
Filings Gujarat Gas sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Gujarat Gas files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 136 documents below.
Credit Rating
Gujarat Gas Limited has informed the Exchange about Credit Rating
Disclosure under SEBI Takeover Regulations
Gujarat Gas Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…
General Updates
Gujarat Gas Limited has informed the Exchange about General Updates - Revised Statement of Standalone & Consolidated Segment wise Financial Details…
General Updates
Gujarat Gas Limited has informed the Exchange about General Updates
Outcome of Board Meeting
Gujarat Gas Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Investor decks & rating reports.
General Updates
General Updates
General Updates
General Updates
General Updates
Gujarat Gas dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Gujarat Gas has declared, sequenced by announce and record date.
Gujarat Gas corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Gujarat Gas Limited: business, sector, key facts.
What Gujarat Gas Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Gujarat Gas Limited operates in the LPG/CNG/PNG/LNG Supplier industry under the Oil Gas & Consumable Fuels sector, listed as NSE: GUJGASLTD, BSE: 539336.
Gujarat Gas Limited (GUJGASLTD) is a major player in the Indian natural gas distribution sector. The company's core business revolves around supplying piped natural gas (PNG) to a wide range of customers across several Indian states and union territories. This extensive network enables the company to reach residential, commercial, and industrial consumers, contributing significantly to the nation's energy infrastructure.
GUJGASLTD boasts an impressive network infrastructure. It operates and maintains approximately 41,700 kilometers of natural gas pipelines, a critical component for efficiently transporting gas to its diverse customer base. Supplementing its pipeline network, the company operates 820 compressed natural gas (CNG) stations, providing a convenient fuel source for vehicles in its operational areas. This integrated approach to gas delivery ensures a broad reach and caters to various energy needs.
The scale of GUJGASLTD's operations is substantial. The company serves an extensive customer base, including approximately 21.90 lakh (2.19 million) households reliant on PNG for their domestic needs. Furthermore, it supplies gas to around 15,470 commercial customers and approximately 4,410 industrial customers, underscoring the company's crucial role in powering a significant portion of the commercial and industrial sectors within its operational regions.
GUJGASLTD's geographical reach extends across multiple states and a union territory in India. Its operations encompass Gujarat, Maharashtra, Punjab, Madhya Pradesh, Rajasthan, and Haryana, along with the union territory of Dadra and Nagar Haveli, and Daman and Diu. This wide-ranging distribution network allows GUJGASLTD to contribute to the energy needs of a substantial portion of the Indian population and economy.
Established in 2012 and formerly known as GSPC Distribution Networks Limited, the company underwent a name change to Gujarat Gas Limited in May 2015. It is based in Gandhinagar, India, and operates as a subsidiary of Gujarat State Petronet Limited, signifying its connection to a larger energy conglomerate within India. The company's continued growth and expansion in the Indian natural gas sector reflects its commitment to providing reliable and efficient energy solutions.
Questions investors ask about Gujarat Gas Limited (GUJGASLTD).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Gujarat Gas Limited (GUJGASLTD)?
The current share price of Gujarat Gas Limited (GUJGASLTD) is ₹352.85. Today, the stock has declined by ₹16.45 (4.45%), trading in a range of ₹351.35 to ₹369.55. The stock opened at ₹369.3 with a trading volume of 19,27,884 shares.
02Is Gujarat Gas Limited stock a good investment for long-term?
Gujarat Gas Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,31,05,47,55,069.65 crores, P/E ratio of 12.04, ROE of 12.27%, and ROCE of 19.50%. The dividend yield stands at 1.65%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Gujarat Gas Limited stock?
The 52-week high price of Gujarat Gas Limited (GUJGASLTD) is ₹508.7, while the 52-week low is ₹301.5. Currently trading at ₹352.85, the stock is 24.8% away from its 52-week low and 30.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Gujarat Gas Limited stock at the current price?
Whether to buy Gujarat Gas Limited stock at ₹352.85 depends on multiple factors. The stock is currently trading with a P/E ratio of 12.04 and P/B ratio of 1.32. Today's performance shows a loss of 4.45%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Gujarat Gas Limited and when is the next dividend?
Gujarat Gas Limited offers a dividend yield of 1.65%, which means for every ₹100 invested at the current price of ₹352.85, you can expect to receive approximately ₹1.65 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Gujarat Gas Limited?
Gujarat Gas Limited's key financial metrics include: P/E Ratio: 12.04, P/B Ratio: 1.32, ROE: 12.27%, ROCE: 19.50%, Dividend Yield: 1.65%, EPS: ₹0.33, Book Value: ₹196.86, and Debt-to-Equity: 1.19. The company's market cap stands at ₹3,31,05,47,55,069.65 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Gujarat Gas Limited stock performing today in the market?
Gujarat Gas Limited stock opened at ₹369.3 and is currently trading at ₹352.85, showing a decline of ₹16.45 (4.45%). The intraday high is ₹369.55 and low is ₹351.35. The trading volume stands at 19,27,884 shares, indicating strong market participation today.
08What is the P/E ratio of Gujarat Gas Limited and what does it indicate?
Gujarat Gas Limited has a Price-to-Earnings (P/E) ratio of 12.04, which means investors are willing to pay ₹12.04 for every ₹1 of earnings. With an EPS of ₹0.33, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Gujarat Gas Limited (GUJGASLTD) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- Adani Total Gas (ATGL) Share PricePeer
- Confidence Petroleum India (CONFIPET) Share PricePeer
- Indraprastha Gas (IGL) Share PricePeer
- IRM Energy (IRMENERGY) Share PricePeer
- Mahanagar Gas (MGL) Share PricePeer
- Top Losers TodayScreener
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy