| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Gujarat Gas
Gujarat Gas
427.55
-12.95
(-2.94%)
Market Cap
29,432.10 Cr
EPS
16.68
PE Ratio
25.64
Dividend Yield
1.36 %
Industry
Oil & Gas52 Week High
689.95
52 Week Low
360.25
PB Ratio
3.47
Debt to Equity
0.02
Sector
Gas Supplier
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from29 analysts
Company News
View All News
Gujarat Gas has entered into a collaboration with Waree Energy to develop sustainable energy solutions aimed at reducing carbon footprint. The partnership focuses on environmental sustainability initiatives between the two companies.
Gujarat Gas has reduced industrial gas prices in the Morbi region by Rs 3.25-3.5 per standard cubic metre, effective from August 1. The price cut aims to compete with alternative fuels that have been attracting demand away from piped natural gas. The move is expected to impact the company's unit margins in the second quarter. Morbi, a ceramic industry hub, represents a key consumption area for Gujarat Gas, making regional fuel pricing crucial for volumes and profitability. The company had previously raised industrial gas prices for Morbi customers by Rs 2.27 per scm in December, bringing prices to Rs 46.95 per scm. Gujarat Gas shares closed 0.85% lower at Rs 448.
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 |
|---|---|---|---|---|---|---|---|---|
595.40 | #1 65,482.70 | 101.04 | 5,030.70 | 11.33 | 654 | -3.84 | 29.16 | |
280.75 | 42,112.50 | #1 11.34 | #1 50,982.00 | -11.73 | #1 3,864 | -23.84 | 28.31 | |
427.55 | #3 29,432.10 | #6 25.64 | #2 16,486.90 | #6 -6.31 | #3 1,197 | #8 -29.87 | 28.80 | |
201.54 | 28,215.60 | 16.93 | 14,927.80 | -0.62 | 1,800 | -10.91 | 38.05 | |
1,337.40 | 13,210.50 | 12.35 | 7,263.80 | 0.84 | 1,074 | 10.04 | 33.75 | |
50.80 | 1,687.80 | 19.53 | 2,713.50 | 22.57 | 105 | 96.40 | 36.23 | |
300.40 | 1,233.40 | 30.57 | 975.48 | -7.28 | 62 | -25.67 | 51.70 | |
226.05 | 231.70 | 16.15 | 288.10 | #1 107.56 | 14 | #1 3,700.00 | 33.56 |
Forecast
Actual
Growth Rate
Revenue Growth
-6.31 %
Net Income Growth
-25.17 %
Cash Flow Change
-31.21 %
ROE
-31.91 %
ROCE
-30.65 %
EBITDA Margin (Avg.)
-15.15 %
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 | 9,047 |
| 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 | 824 |
| Investments | 937 | 143 | 92 | 41 | 42 | 43 | 48 | 52 | 63 | 168 | 62 |
| Other Assets | 1,134 | 784 | 875 | 1,049 | 1,337 | 1,728 | 1,719 | 1,912 | 2,544 | 2,843 | 0 |
| 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 |
| Net Cash Flow | 166 | -212 | -9 | 82 | 3 | 451 | -274 | -260 | 658 | 241 |
| Investing Activities | -365 | 375 | -458 | -430 | -612 | -467 | -614 | -1,294 | -1,039 | -879 |
| Operating Activities | 1,094 | 637 | 701 | 785 | 964 | 1,420 | 1,659 | 1,662 | 2,376 | 1,634 |
| Financing Activities | -563 | -1,224 | -251 | -273 | -349 | -502 | -1,318 | -628 | -678 | -514 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 3 | 4 | 1 | 1.25 | 2 | 2 | 6.65 | 5.66 | 0.00 |
| Dividend Yield (%) | 0.00 | 1.8 | 2.7 | 0.43 | 0.23 | 0.4 | 0.43 | 1.22 | 1.37 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 05 Aug 2025 |  Quarterly Result Announcement | NA | 05 Aug 2025 | 461.40 | 427.60 |
| 19 May 2025 | Quarterly Result Announcement | NA | 19 May 2025 | 451.35 | 469.45 |
| 05 Feb 2025 | Quarterly Result Announcement | NA | 05 Feb 2025 | 466.60 | 467.55 |
| 06 Nov 2024 | Quarterly Result Announcement | NA | 06 Nov 2024 | 617.20 | 512.65 |
| 26 Sept 2024 |  Annual General Meeting | NA | 26 Sept 2024 | 601.30 | 605.00 |
| 09 Sept 2024 |  Dividend | ₹ 5.66 /share | 09 Sept 2024 | 535.65 | 667.00 |
| 11 Sept 2023 | Dividend | ₹ 6.65 /share | 11 Sept 2023 | 466.50 | 464.40 |
| 22 Aug 2022 | Dividend | ₹ 2.00 /share | 19 Aug 2022 | 519.20 | 490.90 |
| 09 Sept 2021 | Dividend | ₹ 2.00 /share | 08 Sept 2021 | 536.30 | 689.10 |
| 11 Sept 2015 |  Change Of Name | NA | 11 Sept 2015 | 0.00 | 0.00 |
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 15, 2025
Jul 15, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 11, 2025
Jul 11, 2025KYC Updation Communication To Physical ShareholdersJul 09, 2025
Jul 09, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Jul 09, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Board Meeting Intimation for Consideration Of Un-Audited Financial Results For Quarter Ended On 30Th June 2025 And Closure Of Trading WindowJun 27, 2025
Jun 27, 2025Reminder Letters Sent To Identified Shareholders For Claiming Dividend/Shares In Order To Avoid Transfer Of Shares To Investor Education And Protection Fund (IEPF) Authority.Jun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-CessationJun 02, 2025
Jun 02, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 27, 2025
May 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 21, 2025
May 21, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 20, 2025
May 20, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 19, 2025
May 19, 2025Board Meeting Outcome for Outcome Of Board MeetingMay 19, 2025
May 19, 2025Outcome Of Board Meeting - Audited Financial Results (Standalone & Consolidated) - 31.03.2025May 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 14, 2025
May 14, 2025Closure of Trading WindowApr 24, 2025
Apr 24, 2025Board Meeting Intimation for For Consideration Of Audited Financial Results For Quarter And Financial Year Ended On 31St March 2025 Dividend If Any And Closure Of Trading Window As Per SEBI (Prohibition Of Insider Trading) Regulations 2015Apr 24, 2025
Apr 24, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 09, 2025
Apr 09, 2025Closure of Trading WindowMar 29, 2025
Mar 29, 2025Closure of Trading WindowMar 13, 2025
Mar 13, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 13, 2025
Feb 13, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 07, 2025
Feb 07, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 07, 2025
Feb 07, 2025Announcement under Regulation 30 (LODR)-Investor PresentationFeb 06, 2025
Feb 06, 2025Revised Observation Letter Dated 04.02.2025 With "No Advserse Observation" Received From BSE And Observation Letter Dated 05.02.2025 With "No Objection" Received From NSEFeb 05, 2025
Feb 05, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 05, 2025
Feb 05, 2025Integrated Filing (Financial)Feb 05, 2025
Feb 05, 2025Outcome Of Board MeetingFeb 05, 2025
Feb 05, 2025No Adverse Observation Letter On Scheme Of Arrangement And Amalgamation Received From BSE Limited. Observation Letter From NSE Is Awaited.Feb 03, 2025
Feb 03, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorFeb 01, 2025
Feb 01, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 01, 2025
Feb 01, 2025Announcement under Regulation 30 (LODR)-Resignation of ChairmanFeb 01, 2025
Feb 01, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 31, 2025
Jan 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 31, 2025
Jan 31, 2025Closure of Trading WindowJan 29, 2025
Jan 29, 2025Board Meeting Intimation for Unaudited (Standalone & Consolidated) Financial Results For The Quarter Ended 31St December 2024Jan 29, 2025
Jan 29, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 13, 2025
Jan 13, 2025Closure of Trading WindowDec 30, 2024
Dec 30, 2024Announcement under Regulation 30 (LODR)-Credit RatingDec 09, 2024
Dec 09, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 13, 2024
Nov 13, 2024Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 13, 2024
Nov 13, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 07, 2024
Nov 07, 2024Announcement under Regulation 30 (LODR)-Investor PresentationNov 06, 2024
Nov 06, 2024Outcome Of Board Meeting - 06.11.2024Nov 06, 2024
Nov 06, 2024Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 06, 2024
Nov 06, 2024Outcome Of Board Meeting - Unaudited (Standalone & Consoldiated) Financial Results For The Qtr And Half Year Ended 30.09.2024Nov 06, 2024
Nov 06, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 29, 2024
Oct 29, 2024Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Oct 11, 2024
Oct 11, 2024Technical Indicators
RSI(14)
Neutral 28.80
ATR(14)
Volatile 13.10
STOCH(9,6)
Oversold 8.27
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bearish -4.66
ADX(14)
Weak Trend 20.60
UO(9)
Bullish 24.22
ROC(12)
Downtrend And Accelerating -7.99
WillR(14)
Oversold -96.06
Mutual Fund Holdings
UTI ELSS Tax Saver Fund Direct-Growth 
Aditya Birla Sun Life PSU Equity Fund Direct-Growth 
LIC MF Large & Mid Cap Fund Direct-Growth 
Tata Infrastructure Direct Plan-Growth 
DSP Nifty Midcap 150 Quality 50 Index Fund Direct - Growth 
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth 
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth 
ICICI Prudential Nifty Midcap 150 Index Fund Direct - Growth 
HDFC Nifty LargeMidcap 250 Index Fund Direct-Growth 
SBI Nifty Midcap 150 Index Fund Direct - Growth 
Navi Nifty Midcap 150 Index Fund Direct - Growth 
Edelweiss NIFTY Large Mid Cap 250 Index Fund Direct - Growth 
Zerodha Nifty Large Midcap 250 Index Fund Direct - Growth 
Kotak Nifty Midcap 150 Index Fund Direct - Growth 
Groww Nifty Total Market Index Fund Direct - Growth 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 9.75 mmscmd of natural gas. Gujarat Gas is engaged in the distribution of natural gas, CNG, LNG, and LPG through pipelines and other transportation methods. The company holds 27 city gas distribution licenses across six states and one Union territory. In recent years, Gujarat Gas has expanded its operations, adding new CNG stations and household connections, and has begun exploring electric vehicle charging and green hydrogen blending projects.
Chairperson NameRAJ KUMAR
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
