| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
Revenue  | 1,825 | 1,983 | 2,134 | 1,926 | 2,638 | 2,537 | 2,526 | 2,686 | 1,098 | 2,535 | 2,852 | 3,453 | 3,033 | 3,643 | 5,181 | 4,687 | 5,190 | 3,996 | 3,717 | 3,962 | 3,806 | 3,874 | 3,953 | 4,222 | 4,490 | 3,822 | 4,211 | 4,177 | 3,931 | 3,852 | 3,714 |
| Expenses | 1,517 | 1,804 | 1,814 | 1,653 | 2,148 | 2,143 | 2,136 | 2,241 | 897 | 1,780 | 2,219 | 2,882 | 2,288 | 3,206 | 4,907 | 3,984 | 4,564 | 3,334 | 3,102 | 3,368 | 3,394 | 3,349 | 3,528 | 3,543 | 3,915 | 3,268 | 3,772 | 3,653 | 3,351 | 3,333 | 3,211 |
| EBITDA | 308 | 179 | 320 | 273 | 489 | 394 | 390 | 445 | 201 | 755 | 634 | 572 | 745 | 437 | 274 | 703 | 626 | 662 | 615 | 593 | 413 | 525 | 424 | 679 | 575 | 555 | 438 | 525 | 580 | 519 | 503 |
| Operating Profit % | 14 % | 8 % | 14 % | 13 % | 18 % | 15 % | 15 % | 16 % | 17 % | 29 % | 22 % | 16 % | 24 % | 12 % | 5 % | 15 % | 12 % | 16 % | 16 % | 14 % | 10 % | 13 % | 10 % | 14 % | 12 % | 14 % | 9 % | 11 % | 13 % | 12 % | 12 % |
| Depreciation | 71 | 72 | 73 | 72 | 78 | 80 | 80 | 81 | 82 | 86 | 87 | 88 | 91 | 95 | 97 | 102 | 103 | 106 | 109 | 109 | 115 | 118 | 120 | 121 | 123 | 130 | 129 | 129 | 131 | 134 | 135 |
| Interest | 49 | 49 | 49 | 50 | 51 | 53 | 47 | 42 | 40 | 34 | 24 | 18 | 16 | 12 | 14 | 14 | 14 | 13 | 8 | 6 | 7 | 8 | 7 | 7 | 8 | 8 | 9 | 7 | 8 | 8 | 9 |
| Profit Before Tax | 189 | 58 | 198 | 151 | 361 | 261 | 264 | 322 | 79 | 635 | 522 | 466 | 638 | 330 | 163 | 587 | 510 | 542 | 498 | 478 | 290 | 399 | 297 | 551 | 444 | 417 | 300 | 389 | 441 | 377 | 359 |
| Tax | 67 | 17 | 60 | 34 | 127 | -256 | 67 | 72 | 20 | 160 | 131 | 118 | 162 | 84 | 40 | 142 | 128 | 138 | 126 | 107 | 74 | 103 | 76 | 140 | 114 | 108 | 79 | 101 | 113 | 97 | 92 |
| Net Profit | 122 | 41 | 139 | 117 | 234 | 517 | 197 | 251 | 59 | 476 | 391 | 348 | 477 | 246 | 123 | 444 | 382 | 404 | 372 | 371 | 216 | 296 | 221 | 411 | 331 | 309 | 221 | 288 | 328 | 280 | 267 |
| EPS in ₹ | 8.86 | 2.98 | 2.02 | 1.69 | 3.40 | 7.51 | 2.87 | 3.64 | 0.86 | 6.91 | 5.68 | 5.10 | 6.92 | 3.57 | 1.79 | 6.45 | 5.55 | 5.87 | 5.39 | 5.38 | 3.14 | 4.30 | 3.21 | 5.96 | 4.80 | 4.48 | 3.21 | 4.18 | 4.76 | 4.06 | 3.88 |
Gujarat Gas
Gujarat Gas
420.45
-4.90
(-1.15%)
Market Cap
28,943.36 Cr
PE Ratio
25.20
Volume
29,174.00
Day High - Low
427.05 - 419.10
52W High-Low
508.70 - 360.25
Key Fundamentals
Market Cap
28,943.36 Cr
EPS
16.68
PE Ratio
25.20
PB Ratio
3.37
Book Value
126.36
EBITDA
2,088.00
Dividend Yield
1.37 %
Industry
Oil & Gas Sector
Gas Supplier Return on Equity
13.53
Debt to Equity
0.02
Analyst Rating and Forecast
- By Refinitiv from29 analysts
Actual
Company News
View All News
Gujarat Gas Limited announces appointment of Shri Ashwini Kumar, IAS as Additional Director effective 27th January, 2026. Kumar brings 29 years of public administration experience as Principal Secretary, Energy & Petrochemicals Department.
Gujarat Gas aims to increase long-term gas sourcing to 60-70% of total volumes by end of FY27, as announced during recent concall discussions with management.
Gujarat Gas expects Morbi industrial volumes to rise from current 2.2 MMSCMD to 3-3.2 MMSCMD by February-March, indicating significant operational expansion in the region.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
528.15 | #1 58,086.47 | 90.23 | 5,030.70 | 11.33 | 654 | 11.38 | 36.29 | |
289.80 | 43,470.00 | 11.83 | #1 51,755.00 | -2.97 | #1 3,884 | -4.63 | 56.95 | |
420.45 | #3 28,943.36 | #7 25.20 | #2 16,695.20 | #7 5.69 | #3 1,148 | #2 20.72 | 59.75 | |
176.55 | 24,717.03 | 15.63 | 15,261.90 | 7.02 | 1,713 | -15.24 | 40.38 | |
1,061.70 | 10,487.24 | #1 10.63 | 7,430.40 | 14.93 | 1,040 | -33.30 | 40.77 | |
32.07 | 1,065.50 | 11.43 | 3,188.20 | #1 17.49 | 88 | -6.42 | 39.90 | |
247.01 | 1,014.22 | 24.38 | 1,009.90 | 10.46 | 47 | 5.00 | 33.67 | |
204.00 | 209.69 | 14.39 | 288.80 | 6.22 | 14 | #1 3,700.00 | 39.16 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
5.69 %
Net Income Growth
0.40 %
Cash Flow Change
10.52 %
ROE
-8.64 %
ROCE
-7.48 %
EBITDA Margin (Avg.)
-0.32 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 6,915 | 6,069 | 6,375 | 6,662 | 7,158 | 7,925 | 8,539 | 9,587 | 10,927 | 11,692 | 12,651 |
| Fixed Assets | 4,487 | 4,674 | 4,903 | 5,094 | 5,290 | 5,585 | 6,040 | 6,631 | 7,338 | 7,763 | 8,208 |
| Current Assets | 1,632 | 466 | 527 | 700 | 1,037 | 1,440 | 1,341 | 1,390 | 1,979 | 2,229 | 2,965 |
| Capital Work in Progress | 357 | 468 | 506 | 478 | 489 | 570 | 732 | 992 | 983 | 918 | 839 |
| Investments | 937 | 143 | 92 | 41 | 42 | 43 | 48 | 52 | 63 | 168 | 172 |
| Other Assets | 1,134 | 784 | 875 | 1,049 | 1,337 | 1,728 | 1,719 | 1,912 | 2,544 | 2,843 | 3,433 |
| Total Liabilities | 6,915 | 6,069 | 6,375 | 6,662 | 7,158 | 7,925 | 8,539 | 9,587 | 10,927 | 11,692 | 12,651 |
| Current Liabilities | 2,461 | 1,823 | 1,400 | 1,498 | 1,677 | 1,819 | 2,314 | 2,511 | 2,803 | 2,815 | 2,964 |
| Non Current Liabilities | 2,444 | 2,723 | 3,312 | 3,297 | 3,275 | 2,789 | 1,748 | 1,447 | 1,096 | 1,154 | 1,197 |
| Total Equity | 2,010 | 1,523 | 1,664 | 1,866 | 2,205 | 3,317 | 4,478 | 5,630 | 7,028 | 7,723 | 8,490 |
| Reserve & Surplus | 1,872 | 1,386 | 1,526 | 1,729 | 2,068 | 3,180 | 4,340 | 5,492 | 6,890 | 7,585 | 8,352 |
| Share Capital | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 166 | -212 | -9 | 82 | 3 | 451 | -274 | -260 | 658 | 241 | -589 |
| Investing Activities | -365 | 375 | -458 | -430 | -612 | -467 | -614 | -1,294 | -1,039 | -879 | -1,921 |
| Operating Activities | 1,094 | 637 | 701 | 785 | 964 | 1,420 | 1,659 | 1,662 | 2,376 | 1,634 | 1,806 |
| Financing Activities | -563 | -1,224 | -251 | -273 | -349 | -502 | -1,318 | -628 | -678 | -514 | -474 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
| Promoter | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % | 60.89 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 3.72 % | 4.31 % | 4.51 % | 4.53 % | 3.97 % | 3.86 % | 3.70 % | 3.82 % |
| DIIs | 7.38 % | 7.90 % | 8.07 % | 8.03 % | 9.53 % | 10.01 % | 12.83 % | 12.55 % | 13.28 % | 13.11 % | 13.01 % | 13.96 % | 15.05 % | 14.76 % | 14.37 % | 14.21 % | 14.81 % | 14.99 % | 14.97 % | 15.06 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 7.08 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % | 7.01 % |
| Public / Retail | 5.48 % | 5.56 % | 5.98 % | 5.85 % | 5.87 % | 5.74 % | 5.47 % | 5.59 % | 5.58 % | 5.79 % | 6.51 % | 6.26 % | 4.93 % | 4.79 % | 4.79 % | 5.00 % | 5.03 % | 4.92 % | 5.02 % | 4.87 % |
| Others | 26.25 % | 25.65 % | 25.06 % | 25.23 % | 23.70 % | 23.35 % | 13.72 % | 13.96 % | 13.24 % | 13.20 % | 12.57 % | 11.87 % | 8.41 % | 8.24 % | 8.43 % | 8.37 % | 8.28 % | 8.33 % | 8.41 % | 8.35 % |
| No of Share Holders | 87,044 | 1,09,810 | 1,65,723 | 1,81,316 | 1,86,495 | 1,96,557 | 1,91,278 | 1,85,090 | 1,80,747 | 1,84,281 | 2,11,378 | 2,13,432 | 1,78,664 | 1,74,549 | 1,72,026 | 1,78,067 | 1,80,178 | 1,71,466 | 1,69,570 | 1,66,450 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 3 | 4 | 1 | 1.25 | 2 | 2 | 6.65 | 5.66 | 5.82 | 0.00 |
| Dividend Yield (%) | 1.8 | 2.7 | 0.43 | 0.23 | 0.4 | 0.43 | 1.22 | 1.37 | 1.37 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 09 Sept 2021 |  Dividend | ₹ 2.00 /share | 08 Sept 2021 | 536.30 | 689.10 |
| 22 Aug 2022 | Dividend | ₹ 2.00 /share | 19 Aug 2022 | 519.20 | 490.90 |
| 11 Sept 2023 | Dividend | ₹ 6.65 /share | 11 Sept 2023 | 466.50 | 464.40 |
| 09 Sept 2024 | Dividend | ₹ 5.66 /share | 09 Sept 2024 | 535.65 | 667.00 |
| 26 Sept 2024 |  Annual General Meeting | NA | 26 Sept 2024 | 601.30 | 605.00 |
| 06 Nov 2024 |  Quarterly Result Announcement | NA | 06 Nov 2024 | 617.20 | 512.65 |
| 05 Feb 2025 | Quarterly Result Announcement | NA | 05 Feb 2025 | 466.60 | 467.55 |
| 19 May 2025 | Quarterly Result Announcement | NA | 19 May 2025 | 451.35 | 469.45 |
| 05 Aug 2025 | Quarterly Result Announcement | NA | 05 Aug 2025 | 461.40 | 421.05 |
| 05 Sept 2025 | Dividend | ₹ 5.82 /share | 04 Sept 2025 | 469.45 | 442.55 |
| 25 Sept 2025 | Annual General Meeting | NA | 25 Sept 2025 | 422.25 | 434.00 |
| 17 Oct 2025 |  Extraordinary General Meeting | NA | 17 Oct 2025 | 442.90 | 419.90 |
| 10 Nov 2025 | Quarterly Result Announcement | NA | 10 Nov 2025 | 431.95 | 399.25 |
| 20 Jan 2026 | Quarterly Result Announcement | NA | 20 Jan 2026 | 383.30 | 406.25 |
Announcements
Announcement under Regulation 30 (LODR)-Change in Directorate
2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript3 days ago
3 days agoSubmission Of Revised Scheme Of Amalgamation And Arrangement Pursuant To Directions Issued By Honble MCA8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Change in Management10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Investor PresentationJan 20, 2026
Jan 20, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 20, 2026
Jan 20, 2026Outcome Of Board MeetingJan 20, 2026
Jan 20, 2026Board Meeting Outcome for Outcome Of Board MeetingJan 20, 2026
Jan 20, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 13, 2026
Jan 13, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 09, 2026
Jan 09, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateJan 01, 2026
Jan 01, 2026Announcement under Regulation 30 (LODR)-Resignation of DirectorJan 01, 2026
Jan 01, 2026Communication Sent To Physical Shareholders Of The CompanyJan 01, 2026
Jan 01, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateDec 29, 2025
Dec 29, 2025Regulation 30 UpdatesDec 24, 2025
Dec 24, 2025Closure of Trading WindowDec 19, 2025
Dec 19, 2025Board Meeting Intimation for Consideration Of Unaudited (Standalone & Consolidated) Financial Results For The Quarter Ended 31St December 2025Dec 19, 2025
Dec 19, 2025Announcement under Regulation 30 (LODR)-Credit RatingNov 27, 2025
Nov 27, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 18, 2025
Nov 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 12, 2025
Nov 12, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 10, 2025
Nov 10, 2025Board Meeting Outcome for Announcement Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Half Year Ended 30.09.2025Nov 10, 2025
Nov 10, 2025Outcome Of Board Meeting - Announcement Of Unaudited (Standalone & Consolidated) Financial Results For The Quarter And Half Year Ended 30Th September 2025Nov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 08, 2025
Nov 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Nov 06, 2025Closure of Trading WindowNov 04, 2025
Nov 04, 2025Update on board meetingNov 04, 2025
Nov 04, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateNov 02, 2025
Nov 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 01, 2025
Nov 01, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateNov 01, 2025
Nov 01, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorNov 01, 2025
Nov 01, 2025Announcement under Regulation 30 (LODR)-Resignation of ChairmanNov 01, 2025
Nov 01, 2025Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportOct 18, 2025
Oct 18, 2025Shareholder Meeting / Postal Ballot-Outcome of Court Convened MeetingOct 18, 2025
Oct 18, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesOct 17, 2025
Oct 17, 2025Shareholder Meeting / Postal Ballot-Outcome of Court Convened MeetingOct 17, 2025
Oct 17, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Oct 14, 2025Announcement under Regulation 30 (LODR)-Credit RatingOct 10, 2025
Oct 10, 2025Announcement under Regulation 30 (LODR)-Credit RatingSep 29, 2025
Sep 29, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 26, 2025
Sep 26, 2025Board Meeting Intimation for Notice Of Board Meeting Of Gujarat Gas LimitedSep 26, 2025
Sep 26, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Sep 25, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesSep 25, 2025
Sep 25, 2025Announcement under Regulation 30 (LODR)-Credit RatingSep 23, 2025
Sep 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 15, 2025
Sep 15, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 59.75
ATR(14)
Less Volatile 12.20
STOCH(9,6)
Neutral 61.32
STOCH RSI(14)
Neutral 73.17
MACD(12,26)
Bullish 0.54
ADX(14)
Weak Trend 18.91
UO(9)
Bearish 64.07
ROC(12)
Uptrend And Accelerating 2.04
WillR(14)
Overbought -15.37
About Gujarat Gas
Gujarat Gas Limited is India's largest city gas distribution company, operating in 44 districts across Gujarat, Maharashtra, and the Union Territory of Dadra Nagar Haveli. The company manages a 35,650 km gas pipeline network, 808 CNG stations, and serves over 1.9 million households and 4,360 industrial customers. It provides approximately...more
Chairperson NameM K Das
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