Gujarat Energy FY26 Net Profit Falls; Q4 EBITDA Margin Contracts to 13.10%

2 min read     Updated on 30 May 2026, 07:23 PM
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Gujarat Energy Limited reported a decline in FY26 net profit to ₹2,298.55 crore from ₹4,204.02 crore, with revenue falling to ₹24,198 crore from ₹27,717.65 crore. Q4 EBITDA contracted to ₹7.83B with a margin of 13.10% versus 15.59% QoQ, while the Board recommended a final dividend of ₹8.90 per share and approved 62,27,14,719 equity share allotments under the Composite Scheme of Amalgamation.

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Gujarat Energy Limited reported a net profit of ₹2,298.55 crore for the financial year ended March 31, 2026, a decrease from the restated net profit of ₹4,204.02 crore in the previous year. Revenue from operations for FY26 stood at ₹24,198 crore, compared to the restated ₹27,717.65 crore in FY25. The Board of Directors, at its meeting held on May 30, 2026, approved the audited standalone and consolidated financial results and recommended a final dividend of ₹8.90 per equity share of ₹2 each, aggregating to ₹835.03 crore, subject to shareholder approval at the Annual General Meeting.

Financial Performance

The company's standalone profit after tax from continuing operations for FY26 was ₹2,298.55 crore. For the quarter ended March 31, 2026, the standalone net profit from continuing operations was ₹520.58 crore (₹5.21B), compared to ₹6.92B in the previous quarter (QoQ). Revenue from operations for Q4 stood at ₹60B, compared to ₹61B in the preceding quarter (QoQ), while the full-year revenue was ₹5,975.63 crore for the quarter. Q4 EBITDA came in at ₹7.83B versus ₹9.56B in the prior quarter (QoQ), with the EBITDA margin contracting to 13.10% from 15.59% QoQ. The statutory auditors, M/s. Ashok Chhajed & Associates, issued an unmodified opinion on the audited financial results.

The following table summarises the key annual financial metrics:

Metric: FY26 (₹ in crore) FY25 Restated (₹ in crore)
Revenue from Operations: 24,198.00 27,717.65
Total Income: 24,818.89 28,317.09
Total Expenses: 21,664.02 25,222.54
Net Profit (Continuing): 2,298.55 3,481.98
Net Profit (Total): 2,298.55 4,204.02

The Q4 performance metrics on a sequential basis are presented below:

Metric: Q4 (Current) Q3 (QoQ)
Net Profit: ₹5.21B ₹6.92B
Revenue: ₹60B ₹61B
EBITDA: ₹7.83B ₹9.56B
EBITDA Margin: 13.10% 15.59%

Operational Highlights

Gujarat Energy Limited achieved its highest ever CNG volume of 3.60 mmscmd in Q4 FY26, a 12% increase from 3.22 mmscmd in Q4 FY25. The company operates 839 CNG stations and added 7 new stations in Q4 FY26. In the PNG segment, the company added 35,400+ new domestic customers in Q4 FY26, serving over 24.18 lakh households. Total pipeline network spans ~45,250+ km across 6 states and 1 Union Territory, with an investment of ₹561 crore in CGD infrastructure during the year.

Board Decisions and Corporate Actions

In addition to the financial results, the Board approved the re-appointment of four Independent Directors—Prof. Yogesh Singh, Shri Bhadresh Mehta, Shri Balwant Singh (IAS Retd.), and Dr. Rekha Jain—for a second term of three years. The Board also approved changes in senior management personnel and a change in the registered office address to "Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector-H, Gandhinagar, Gujarat - 382010".

Pursuant to the Composite Scheme of Amalgamation and Arrangement, the Board had previously approved the allotment of 62,27,14,719 equity shares to eligible shareholders of Gujarat State Petroleum Corporation Limited (GSPC) and Gujarat State Petronet Limited (GSPL) as of the record date of May 12, 2026. The Ministry of Corporate Affairs sanctioned the scheme with an effective date of May 01, 2026.

Historical Stock Returns for Gujarat Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+8.48%+7.66%+4.74%-0.21%-12.77%-21.76%

What strategies will the company implement to reverse the decline in EBITDA margins and address the contraction in profitability?

How will the recent amalgamation with GSPC and GSPL impact the company's operational efficiency and financial leverage going forward?

What are the capital expenditure plans for the upcoming fiscal year to support the expansion of the CNG station network and pipeline infrastructure?

Gujarat State Petronet confirms no encumbrance on Gujarat Gas shares for FY26

0 min read     Updated on 28 May 2026, 06:22 AM
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Gujarat State Petronet Limited disclosed to stock exchanges that it did not create any encumbrance on its equity shares in Gujarat Gas Limited for the financial year ended March 31, 2026. The confirmation was submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Gujarat State Petronet Limited has confirmed that it has not created any encumbrance, directly or indirectly, on its equity shares held in Gujarat Gas Limited during the financial year ended March 31, 2026. This disclosure was submitted to the stock exchanges to comply with regulatory requirements regarding shareholding status.

Regulatory Disclosure

The confirmation was provided pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As a promoter of Gujarat Gas Limited, the company stated that no encumbrance was made on the shares held during the specified period.

Shareholding Details

The disclosure specifically covers the equity shares held by the promoter in Gujarat Gas Limited. The key details of the shareholding are outlined below.

Metric Value
Financial Year Ended March 31, 2026
Regulation Regulation 31(4) of SEBI Takeover Regulations

The communication, dated April 4, 2026, was addressed to the stock exchanges and the Company Secretary of Gujarat Gas Limited for intimation to the Audit Committee.

Historical Stock Returns for Gujarat Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+8.48%+7.66%+4.74%-0.21%-12.77%-21.76%

How will the clear encumbrance status impact Gujarat State Petronet's ability to raise capital against these holdings in the future?

Does this disclosure suggest any potential strategic changes in the promoter's shareholding structure for Gujarat Gas Limited?

What are the market expectations regarding Gujarat State Petronet maintaining or altering its stake in Gujarat Gas over the next fiscal year?

More News on Gujarat Gas

1 Year Returns:-12.77%