| 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 | Mar 2026 |
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 | 5,972 |
| 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 | 5,330 |
| 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 | 643 |
| 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 % | 8 % |
| 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 | 224 |
| 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 | 46 |
| 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 | 374 |
| 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 | 222 |
| 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 | 152 |
| 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 | 3.75 |
Gujarat Gas
Gujarat Gas
397.75
+0.80
(0.20%)
Market Cap
38,147.69 Cr
PE Ratio
16.29
Volume
7,16,318.00
Day High - Low
403.80 - 391.70
52W High-Low
508.70 - 301.50
Q3 Quarterly Results are out. Check out the updated financials1 day ago
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Key Fundamentals
Market Cap
38,147.69 Cr
EPS
21.55
PE Ratio
16.29
PB Ratio
1.49
Book Value
267.13
EBITDA
2,902.20
Dividend Yield
1.02 %
Industry
Oil & Gas Sector
Gas Supplier Return on Equity
13.53
Debt to Equity
0.02
Analyst Rating and Forecast
- By Refinitiv from28 analysts
Actual
Company News
View All News
Gujarat Gas Gets Buy from Nomura, Hold from Jefferies1 day ago
Nomura maintains Buy on Gujarat Gas with ₹511 target; Jefferies upgrades to Hold with ₹415 target, citing volume-margin beat, Morbi gains, and post-amalgamation business inclusion.
Gujarat Energy posts Q4FY26 results
2 days ago
2 days agoGujarat Energy Limited released its Q4 and FY26 investor presentation on June 1, 2026, reporting a one-time exceptional item of ₹561 Crores.
Gujarat State Energy Generation Ltd. confirmed no encumbrance on 13,32,235 equity shares of Gujarat Gas Ltd. for FY26. The disclosure was made under SEBI Takeover Regulations.
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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 |
|---|---|---|---|---|---|---|---|---|
717.60 | #1 78,922.37 | 123.78 | 5,894.41 | 17.17 | 709 | 8.86 | 59.44 | |
269.95 | 40,492.50 | #1 10.31 | #1 43,494.90 | -15.96 | #1 3,839 | 25.19 | 46.39 | |
397.75 | #3 38,147.69 | #4 16.29 | #2 23,614.40 | #2 41.44 | #2 2,442 | #7 -47.27 | 60.73 | |
161.48 | 22,607.23 | 14.59 | 16,167.60 | 5.93 | 1,596 | -25.24 | 50.93 | |
1,080.80 | 10,675.90 | 12.84 | 8,245.70 | 10.97 | 902 | -47.53 | 48.52 | |
76.79 | 2,551.28 | 24.02 | 4,704.57 | #1 47.56 | 92 | 26.01 | 72.52 | |
261.50 | 1,073.71 | 20.67 | 1,066.66 | 5.62 | 69 | #1 190.91 | 41.40 | |
418.15 | 429.82 | 22.26 | 314.87 | 9.03 | 18 | -17.54 | 49.48 |
Growth Rate
Revenue Growth
41.44 %
Net Income Growth
112.70 %
Cash Flow Change
10.52 %
ROE
-8.64 %
ROCE
-7.48 %
EBITDA Margin (Avg.)
-4.56 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| Total Assets | 6,915 | 6,069 | 6,375 | 6,662 | 7,158 | 7,925 | 8,539 | 9,587 | 10,927 | 11,692 | 12,651 | 27,546 |
| Fixed Assets | 4,487 | 4,674 | 4,903 | 5,094 | 5,290 | 5,585 | 6,040 | 6,631 | 7,338 | 7,763 | 8,208 | 14,487 |
| Current Assets | 1,632 | 466 | 527 | 700 | 1,037 | 1,440 | 1,341 | 1,390 | 1,979 | 2,229 | 2,965 | 10,133 |
| Capital Work in Progress | 357 | 468 | 506 | 478 | 489 | 570 | 732 | 992 | 983 | 918 | 839 | 836 |
| Investments | 937 | 143 | 92 | 41 | 42 | 43 | 48 | 52 | 63 | 168 | 172 | 1,122 |
| Other Assets | 1,134 | 784 | 875 | 1,049 | 1,337 | 1,728 | 1,719 | 1,912 | 2,544 | 2,843 | 3,433 | 0 |
| Total Equity & Liabilities | 6,915 | 6,069 | 6,375 | 6,662 | 7,158 | 7,925 | 8,539 | 9,587 | 10,927 | 11,692 | 12,651 | 27,546 |
| Current Liabilities | 2,461 | 1,823 | 1,400 | 1,498 | 1,677 | 1,819 | 2,314 | 2,511 | 2,803 | 2,815 | 2,964 | 5,420 |
| 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 | 3,268 |
| Total Equity | 2,010 | 1,523 | 1,664 | 1,866 | 2,205 | 3,317 | 4,478 | 5,630 | 7,028 | 7,723 | 8,490 | 18,439 |
| Reserve & Surplus | 1,872 | 1,386 | 1,526 | 1,729 | 2,068 | 3,180 | 4,340 | 5,492 | 6,890 | 7,585 | 8,352 | 18,251 |
| Share Capital | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 187 |
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 | Mar 2026 | May 2026 |
| 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 % | 60.89 % | 38.94 % |
| 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 % | 3.97 % | 10.57 % |
| 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 % | 14.76 % | 24.69 % |
| 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 % | 7.01 % | 7.23 % |
| 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 % | 5.00 % | 6.66 % |
| 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 % | 8.36 % | 11.90 % |
| 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 | 1,73,919 | 3,27,682 |
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 | 1.89 | 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 |
| 12 May 2026 |  Merger - Demerger | 13:10 | 12 May 2026 | 381.10 | 381.10 |
| 30 May 2026 | Quarterly Result Announcement | NA | 30 May 2026 | 360.50 | 401.15 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication2 days ago
2 days agoRevised Statement Of Standalone & Consolidated Segment Wise Financial Details For The Q4 And FY 2025 - 262 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Change in Registered Office Address4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Change in Management4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Change in Directorate4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Change in Directorate4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Dividend Updates4 days ago
4 days agoBoard Meeting Outcome for Outcome Of Board Meeting4 days ago
4 days agoOutcome Of Board Meeting4 days ago
4 days agoClosure of Trading Window8 days ago
8 days agoUpdate on board meeting8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
9 days agoClosure of Trading WindowMay 22, 2026
May 22, 2026Update on board meetingMay 22, 2026
May 22, 2026Announcement under Regulation 30 (LODR)-AllotmentMay 16, 2026
May 16, 2026Closure of Trading WindowMay 14, 2026
May 14, 2026Board Meeting Intimation for For Consideration Of Audited Financial Results For Quarter And Year Ended 31.03.2026 And Dividend If AnyMay 14, 2026
May 14, 2026Announcement under Regulation 30 (LODR)-Change of Company NameMay 14, 2026
May 14, 2026Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011May 13, 2026
May 13, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 10, 2026
May 10, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 01, 2026
May 01, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementMay 01, 2026
May 01, 2026Fixation Of Record Date For The Purpose Of Composite Scheme Of ArrangementApr 29, 2026
Apr 29, 2026Announcement under Regulation 30 (LODR)-Issue of SecuritiesApr 29, 2026
Apr 29, 2026Board Meeting Outcome for Outcome Of Board Meeting And Fixation Of Record Date For The Purpose Of Composite Scheme Of Arrangement.Apr 29, 2026
Apr 29, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 23, 2026
Apr 23, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementApr 17, 2026
Apr 17, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 12, 2026
Apr 12, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 08, 2026
Apr 08, 2026Closure of Trading WindowMar 27, 2026
Mar 27, 2026Announcement under Regulation 30 (LODR)-Change in ManagementMar 12, 2026
Mar 12, 2026Announcement under Regulation 30 (LODR)-Credit RatingMar 10, 2026
Mar 10, 2026ESG Rating IntimationMar 04, 2026
Mar 04, 2026Intimation Under Regulation 30 Of The SEBI Listing RegulationsMar 04, 2026
Mar 04, 2026Closure of Trading WindowMar 03, 2026
Mar 03, 2026ESG Rating IntimationFeb 24, 2026
Feb 24, 2026Announcement under Regulation 30 (LODR)-Credit RatingFeb 20, 2026
Feb 20, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 07, 2026
Feb 07, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 06, 2026
Feb 06, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateJan 29, 2026
Jan 29, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJan 28, 2026
Jan 28, 2026Submission Of Revised Scheme Of Amalgamation And Arrangement Pursuant To Directions Issued By Honble MCAJan 23, 2026
Jan 23, 2026Announcement under Regulation 30 (LODR)-Change in ManagementJan 21, 2026
Jan 21, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJan 21, 2026
Jan 21, 2026Announcement 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, 2026Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 60.40
ATR(14)
Volatile 15.48
STOCH(9,6)
Neutral 59.57
STOCH RSI(14)
Overbought 90.95
MACD(12,26)
Bullish 1.91
ADX(14)
Weak Trend 20.95
UO(9)
Bearish 43.61
ROC(12)
Uptrend But Slowing Down 9.62
WillR(14)
Neutral -41.85
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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