Latest news about GAIL
GAIL (India) Ltd. Records Rs. 16.50 Crore Block Trade on NSE at Rs. 161.78 Per Share
GAIL
153.14
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Company Performance:
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1M-2.97%
6M-16.79%
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More news about GAIL
06May 26
GAIL (India) Ltd Records ₹90.35 Crore Block Trade on NSE at ₹163.52 Per Share
GAIL (India) Ltd recorded a block trade on the NSE valued at ₹90.35 crores, involving approximately 5,525,369 shares at ₹163.52 per share. Block trades of this size are typically associated with institutional investors and are executed to minimise market impact. The transaction highlights notable large-scale activity in GAIL (India) Ltd on the NSE.
27Apr 26
GAIL (India) Ltd Records ₹95.41 Crore Block Trade on NSE
GAIL (India) Ltd executed a major block trade on NSE worth ₹95.41 crores involving 5,744,345 shares at ₹166.09 per share. The transaction reflects significant institutional activity in the natural gas sector and demonstrates large-volume trading interest in the company's equity.
24Apr 26
GAIL Signs Contract for 600 MW Solar Power Project in Uttar Pradesh
GAIL (India) Limited has signed contract agreements with TUSCO Limited for a 600 MW solar power project at Jhansi, Uttar Pradesh, featuring a 550 MWh Battery Energy Storage System. The facility will primarily meet captive energy requirements of GAIL's Petrochemical Plant at Pata and support electrification initiatives and CBG plants in the state, demonstrating the company's commitment to sustainable energy solutions.
16Apr 26
GAIL Signs Contract for 600 MW Solar Power Project in UP with 550 MWh BESS
GAIL (India) Limited has officially signed contract agreements with TUSCO Limited for a 600 MW solar power project at Jhansi, Uttar Pradesh, integrated with 550 MWh Battery Energy Storage System. This project is part of GAIL's comprehensive Rs 3,800 crore renewable energy investment spanning 700 MW across Uttar Pradesh and Maharashtra, designed to serve captive energy requirements of its petrochemical plants while supporting India's clean energy transition.
11Apr 26
GAIL Files Half-Year Debt Securities Statement Under SEBI Master Circular for FY26
GAIL (India) Limited has filed its mandatory half-yearly statement under SEBI Master Circular for debt securities covering the period ended March 31, 2026. The disclosure details a Rs. 1575 crore private placement bond issue with ISIN INE129A08014, featuring a 7.34% annual coupon rate and maturity date of December 20, 2027, with the full amount remaining outstanding.
09Apr 26
GAIL India's Ratnagiri LNG Terminal to Operate at 2.25 MTPA Capacity
GAIL India announces that its Ratnagiri LNG terminal will operate at 2.25 MTPA, representing 45% utilization of the facility's total 5 MTPA design capacity. A company executive disclosed these operational parameters, providing insight into the strategic capacity management approach for this significant LNG infrastructure asset.
09Apr 26
GAIL India Acquires Three Spot LNG Cargoes in Recent Procurement Activity
GAIL India has recently purchased three spot LNG cargoes according to company executive confirmation. This procurement activity demonstrates the company's active participation in the liquefied natural gas market through spot purchases, which provide flexibility in supply management outside of long-term contract arrangements.
09Apr 26
GAIL India Plans Local Market Fundraising, Warns Dollar Borrowing Costs More
GAIL India has revealed its strategic approach to fundraising with a co-executive announcing plans to raise funds from local markets while specifically warning about higher dollar borrowing costs. The company maintains its substantial borrowing target of Rs 50-60 billion for FY27, demonstrating a clear preference for cost-effective domestic financing channels over international alternatives.
08Apr 26
GAIL Signs Long-Term Charter Deal for LNG Carrier 'Energy Fidelity' With Alpha Gas
GAIL has entered into a strategic long-term charter party agreement with Greek major Alpha Gas for the LNG carrier 'Energy Fidelity' with 174,000 cubic meters capacity. The agreement was signed in Athens between senior executives and involves advanced vessel technology including two-stroke propulsion and air lubrication systems. This partnership aligns with India's Maritime Amrit Kaal Vision 2047 and strengthens the country's LNG supply chain infrastructure while supporting GAIL's goal of building India's largest LNG fleet.
07Apr 26
GAIL (India) Limited Files Quarterly Compliance Certificate for Q4 FY26
GAIL (India) Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026. The certificate, issued by registrar MCS Share Transfer Agent Limited on April 2, 2026, confirms compliance with dematerialization requirements and was filed with NSE and BSE on April 7, 2026, maintaining the Maharatna company's regulatory obligations.
28Mar 26
GAIL (India) Limited Announces Completion of Tenure for Four Independent Directors
GAIL (India) Limited announced the completion of tenure for four Non-Official Independent Directors on March 27, 2026, who ceased to be board members effective March 28, 2026. The directors - Shri Akhilesh Jain, Shri Sanjay Kashyap, Smt. Kangabam Inaocha Devi, and Shri Yajurvendra Anil Mahajan - were originally appointed by MoP&NG, Government of India. This disclosure was made to stock exchanges in compliance with SEBI regulations, representing regular board rotation processes for the Maharatna company.
26Mar 26
GAIL Board Approves $64 Million Equity Investment in US Subsidiary GAIL Global
GAIL has received Board approval for up to $64 million equity investment in its wholly-owned US subsidiary GAIL Global (USA) Inc., primarily to reduce outstanding loan obligations for shale assets in Eagle Ford basin, Texas. The subsidiary holds 20% ownership in producing shale wells and reported $7.60 million turnover for Calendar Year 2025.
26Mar 26
GAIL Revises Pipeline Completion Schedule to September 2026 Due to Clearance Delays
GAIL (India) Limited has revised the completion schedule for the Durgapur-Haldia and Dhamra-Haldia pipeline sections from March 2026 to September 2026. The six-month delay is attributed to challenges in obtaining Right of Use clearances and fisheries front availability. The revision affects the final sections of the Integrated Jagdishpur-Haldia-Bokaro-Dhamra Pipeline Project, with the majority of both systems already laid and commissioned. The decision was approved by the Board of Directors on March 25, 2026, with no additional investment required for completion.
26Mar 26
GAIL Revises Mumbai-Nagpur-Jharsuguda Pipeline Completion to June 2026
GAIL has revised the completion timeline for its ambitious 1702-kilometer Mumbai-Nagpur-Jharsuguda Pipeline project from March 1 to June 30, 2026. The project spans three segments totaling 1702 km, with Mumbai-Nagpur, Nagpur-Jharsuguda (Chhattisgarh & Odisha sections), and Nagpur-Jabalpur pipelines already operational. Only the Maharashtra section of the Nagpur-Jharsuguda pipeline remains for commissioning by June 2026, with PNGRB approval being sought for the timeline extension.
25Mar 26
Nomura Maintains Buy Rating on GAIL with Target Price of Rs 185 Despite Near-Term Headwinds
Nomura has maintained its Buy rating on GAIL with a target price of Rs 185, acknowledging near-term challenges from Qatar LNG force majeure and petrochemical turnaround affecting gas transmission and marketing volumes. The brokerage notes that lower Henry Hub prices are providing partial margin support. The stock trades at attractive valuations of 9.9x FY27F P/E and 1.0x FY27F P/B, supporting the positive investment recommendation despite current operational headwinds.
23Mar 26
GAIL Reports Significant EBITDA Impact with Monthly Losses of Rs 250-300 Crores
GAIL is experiencing significant operational and financial challenges with over 25% EBITDA impact reported. The company faces monthly losses of Rs 250-300 crores in transmission and trading segments, representing 26%-31% of Q3FY26 EBITDA. Annualized losses could reach Rs 3000-3600 crores, accounting for 22%-26% of previous year's EBITDA, while management indicates supply disruption of 34-36 MMSCMD.
23Mar 26
Morgan Stanley Downgrades GAIL to Equal-weight, Cuts Target Price to Rs 150
Morgan Stanley has downgraded GAIL to Equal-weight and cut its target price to Rs 150.00 from Rs 236.00, citing concerns over Qatar LNG disruption effects. The disruption is tightening global gas markets, raising prices, and shifting energy demand toward oil and coal alternatives, creating a weaker gas consumption outlook that negatively impacts gas-focused companies like GAIL.
19Mar 26
GAIL Completes 49% Stake Acquisition in Leafiniti Bioenergy for ₹13.54 Crores
GAIL (India) Limited has successfully completed its strategic acquisition of a 49% stake in Leafiniti Bioenergy Private Limited for ₹13.54 crores on March 18, 2026, following regulatory approvals from MOPNG and DIPAM. The target company operates a 10.2 TPD compressed biogas plant in Karnataka and reported revenue of ₹28.42 crores in FY 2024-25, demonstrating strong growth from ₹9.29 crores in FY 2022-23.
16Mar 26
GAIL Discloses Senior Management Personnel List for FY 2026-27 Under SEBI Regulations
GAIL (India) Limited disclosed its complete senior management list for FY 2026-27 featuring 44 personnel across operations, marketing, projects, and finance divisions. The leadership team demonstrates extensive experience with most executives serving over 30 years, while several are scheduled for superannuation in 2026-2027, indicating upcoming leadership transitions.
10Mar 26
GAIL Appoints Rohit Mathur as Government Nominee Director with Extensive Ministry Experience
GAIL (India) Limited has appointed Shri Rohit Mathur as Government Nominee Director effective 09.03.2026 for a three-year tenure. Mathur, currently Joint Secretary (General) at Ministry of Petroleum & Natural Gas, brings extensive experience across refineries, biofuels, petrochemicals sectors and multiple government ministries. The appointment reinforces government oversight in the Maharatna company's governance structure with full SEBI compliance.
09Mar 26
GAIL Signs MoU with RailTel to Explore Digital Infrastructure Opportunities
GAIL (India) Limited has officially entered into a Memorandum of Understanding with RailTel Corporation of India Limited on March 5, 2026, to collaborate in digital infrastructure sectors. The agreement was signed by senior executives from both companies and aims to integrate energy and digital infrastructure capabilities, leveraging AI technology for India's development while strengthening the nation's communication framework and expanding digital connectivity.
06Mar 26
GAIL Secures One LNG Cargo Despite Complete Supply Halt from Petronet LNG
GAIL received force majeure notice from Petronet LNG completely halting Qatar-sourced LNG supply from March 4, 2026, due to maritime restrictions and facility shutdowns. Despite this crisis, government official confirms GAIL has obtained one LNG cargo, providing some relief as the company implements strategic measures for priority sectors.
01Mar 26
GAIL (India) Limited Announces Retirement of Chairman and Managing Director Sandeep Kumar Gupta
GAIL (India) Limited announced the retirement of Chairman and Managing Director Shri Sandeep Kumar Gupta, effective March 1, 2026, following his superannuation on February 28, 2026. The Maharatna company disclosed this leadership change to NSE and BSE in compliance with SEBI listing regulations, marking the completion of Gupta's tenure at India's leading natural gas company.
27Feb 26
GAIL (India) Limited Appoints Deepak Asija as Company Secretary Effective March 6, 2026
GAIL (India) Limited has appointed Shri Deepak Asija as Company Secretary and Compliance Officer effective March 6, 2026, following Board approval on February 27, 2026. Asija, who holds FCS4565 membership, will replace Shri Mahesh Kumar Agarwal in this key managerial role. The new appointee brings over two decades of secretarial domain experience, including his tenure as Company Secretary of GAIL Gas Limited from 2016 to April 2025, and prior experience with HUDCO as Deputy Company Secretary for approximately six years.
27Feb 26
GAIL (India): Company Plans 178.2 MW Wind Project in Maharashtra with ₹1,736 Crore Investment Over Two Years
GAIL (India) Limited received board approval for establishing a 178.2 MW wind energy project in Maharashtra with an investment of ₹1,736.25 crores. The project will be financed through debt and equity, scheduled for completion within 24 months from LSTK contract award, and will more than double the company's existing wind capacity of 117.95 MW.
27Feb 26
Kotak Securities Raises Concerns Over GAIL's Capital Spending Plans for Gas-Based Fertilizer Plants
Kotak Securities has raised concerns about GAIL's high capital spending and limited growth opportunities as the company plans two gas-based fertilizer plants. The brokerage questions the capital efficiency of these projects and the availability of significant growth prospects in the current market environment.
12Feb 26
GAIL Appoints Deepak Gupta as Chairman and Managing Director Effective March 2026
GAIL (India) Limited announces the appointment of Shri Deepak Gupta as Chairman and Managing Director effective 01.03.2026, as per MoPNG directive dated 12.02.2026. Gupta, currently Director (Projects) at GAIL, will serve until his superannuation on 28.02.2029 or until further orders. The appointment ensures leadership continuity for the Maharatna company and has been disclosed in compliance with SEBI regulations to both NSE and BSE.
05Feb 26
GAIL Receives DIPAM Approval for Equity Participation in Leafiniti Bioenergy
GAIL (India) Limited has received DIPAM approval for its equity participation in Leafiniti Bioenergy Private Limited, with the concurrence communicated through MOPNG on 04.02.2026. This follows the company's earlier execution of a Share Subscription cum Shareholders Agreement with Leafiniti Bioenergy on 11.08.2025, representing a strategic move into the bioenergy sector.
02Feb 26
GAIL Q3FY26 Results: Net Profit Falls 59% YoY, EBITDA Margin Drops to 7.79%
GAIL (India) Limited's Q3FY26 results showed significant profitability decline with net profit falling 59% YoY to ₹1,602.57 crore and EBITDA margin compressing to 7.79%. The company filed regulatory compliance documents with stock exchanges and declared interim dividend of ₹5 per share despite challenging market conditions in natural gas and petrochemicals sectors.
31Jan 26
GAIL (India) Limited Schedules Q3 FY26 Earnings Conference Call for February 2, 2026
GAIL (India) Limited has scheduled its Q3 FY26 earnings conference call for February 2, 2026, at 11:00 AM IST, releasing comprehensive performance data for 9M FY26. The company achieved natural gas transmission of 123 MMSCMD and marketing of 105 MMSCMD, with standalone turnover of Rs. 103,738 crore and PAT of Rs. 5,706 crore. The presentation highlights capital expenditure of Rs. 10,512 crore in FY25 and estimated Rs. 10,700 crore for FY26, emphasizing pipeline development and renewable energy initiatives.
31Jan 26
GAIL Revises Mumbai-Nagpur-Jharsuguda Pipeline Project Completion Schedule to February 2026
GAIL (India) Limited has revised the completion schedule for its 1702 Km Mumbai-Nagpur-Jharsuguda Pipeline Project from January 1, 2026 to February 28, 2026 progressively. The pipeline comprises three sections: Mumbai-Nagpur (693 Km), Nagpur-Jharsuguda (692 Km), and Nagpur-Jabalpur (317 Km). While construction is complete, pre-commissioning and commissioning activities are ongoing, with the Mumbai-Nagpur Section and Chhattisgarh-Odisha portions already operationalized. The Board of Directors approved this revision on January 31, 2026, with PNGRB approval being sought for the timeline extension.
28Jan 26
GAIL Partners with K LINE and J M Baxi Marine Services for Strategic LNG Shipping Equity Investment
GAIL (India) Limited has signed a strategic term sheet with K LINE and J M Baxi Marine Services for equity participation in a Singapore-based ship-owning company, witnessed by Petroleum Minister Hardeep Singh Puri on January 28, 2026. The partnership includes a long-term charter starting 2027 for an LNG vessel under construction in Korea, with investment planned through GAIL's subsidiary in GIFT City, subject to DIPAM approval. This collaboration will give GAIL ownership in two LNG ships, supporting the Aatmanirbhar Bharat vision in shipping while strengthening India's clean energy transportation infrastructure.
27Jan 26
GAIL Co-CMD Anticipates Increased Natural Gas Supply to Benefit India
GAIL's Co-CMD has expressed expectations of increased natural gas supply availability in India, anticipating benefits for the country's energy sector. The leadership's optimistic outlook reflects confidence in improving supply dynamics and potential positive implications for India's energy security and industrial applications.
27Jan 26
GAIL (India) Ltd Records Rs. 78.69 Crore Block Trade on NSE
GAIL (India) Ltd executed a major block trade on NSE worth Rs. 78.69 crores involving approximately 4,924,572 shares at Rs. 159.80 per share. This substantial institutional transaction highlights significant trading activity in the natural gas company's stock.
23Jan 26
GAIL India Shares Fall 2.06% Despite Strong Annual Financial Performance in FY25
GAIL India shares fell 2.06% to ₹160.20 despite reporting strong FY25 results with revenue of ₹141,903.49 crores and net profit growth of 33.3% to ₹10,959.63 crores. While annual performance remained robust with improved margins and ROE, quarterly trends showed some volatility. The company has scheduled a board meeting on January 31, 2026, to consider Q3 FY26 results and potential interim dividend payment.
23Jan 26
GAIL (India) Limited Schedules Board Meeting for January 31, 2026 to Review Q3 FY26 Results and Interim Dividend
GAIL (India) Limited has scheduled its Board of Directors meeting for January 31, 2026, to consider unaudited financial results for Q3 FY26 and nine months ended December 31, 2025. The board will also deliberate on interim dividend payment for FY 2025-26, with February 5, 2026, set as the record date if approved. The company has implemented trading window restrictions for designated persons from January 1 to February 2, 2026, in compliance with insider trading regulations.
22Jan 26
GAIL Faces Input Cost Pressure as Henry Hub Gas Prices Surge 67% Above $5/MMBTU
Henry Hub natural gas prices have surged 67% in three days, exceeding $5/MMBTU and creating input cost pressures for GAIL due to its US gas purchases. The company faces challenges in passing these increased costs to customers, potentially impacting profit margins during this period of price volatility.
16Jan 26
GAIL (India) Ltd Records ₹20.12 Crore Block Trade on NSE at ₹164.07 Per Share
GAIL (India) Ltd recorded another significant block trade on NSE worth ₹20.12 crores involving 1.23 million shares at ₹164.07 per share. This follows an earlier substantial transaction of ₹76.75 crores for 4.64 million shares at ₹165.31, demonstrating continued institutional activity and investor interest in the gas distribution company.
05Jan 26
GAIL (India) Ltd. Records ₹17.57 Crore Block Trade on NSE at ₹174.84 Per Share
GAIL (India) Ltd. executed a significant block trade on NSE worth ₹17.57 crores involving 1,005,185 shares at ₹174.84 per share. The transaction demonstrates substantial institutional activity and strategic positioning by large market participants in the gas distribution company's stock.
03Jan 26
GAIL Revises Completion Schedule for Key Pipeline Sections to March 2026
GAIL (India) Limited has extended the completion schedule for two key pipeline sections from December 2025 to March 2026, as approved by the Board of Directors on January 03, 2026. The delay affects the Durgapur-Haldia section of the Jagdishpur-Haldia-Bokaro-Dhamra Pipeline and the Dhamra-Haldia Pipeline section, both facing challenges in obtaining Right of Use permissions and fisheries front availability. Despite these delays, both projects show significant progress with the main pipeline having 3,252 kilometers laid and 3,119 kilometers commissioned out of 3,306 kilometers authorized length.
03Jan 26
GAIL Revises KKBMPL Pipeline Project Completion Schedule to March 2026
GAIL (India) Limited has revised the completion schedule for its Kochi-Koottanad-Bengaluru-Mangaluru Pipeline (KKBMPL) project from December 2025 to March 2026. The 1,104 km pipeline project has 884 km laid and 628 km commissioned, with balance work under construction. The revision was approved by the Board on January 03, 2026, citing delays in availability of hindrance-free fronts as the primary reason.
03Jan 26
GAIL Revises Srikakulam Angul Pipeline Project Completion Schedule to June 2026
GAIL (India) Limited has revised the completion schedule for its 744 km Srikakulam Angul Pipeline Project from December 2025 to June 2026. While the 422 km main pipeline was successfully commissioned on September 26, 2025, delays in forest working permissions for 56 km of the 322 km spur line have necessitated the timeline extension. The company has completed 280 km of the spur pipeline, with tree cutting operations currently in progress following sequential approval of permissions through September 2025. The revision was approved by the Board of Directors on January 03, 2026, with no additional investment required.
02Jan 26
GAIL (India) Ltd. Records ₹17.29 Crore Block Trade on NSE
GAIL (India) Ltd. recorded a significant block trade on NSE worth ₹17.29 crores involving 1,003,233 shares at ₹172.35 per share. The transaction highlights substantial institutional activity in the gas distribution company's stock and demonstrates active participation by large market participants in the counter.
02Jan 26
GAIL Gas Reduces CNG and Domestic PNG Prices by ₹1 Following Pipeline Tariff Cuts
GAIL Gas Ltd announced a ₹1.00 reduction in CNG and domestic PNG prices across its authorized areas in nine states, effective immediately following PNGRB's pipeline tariff rationalization. The move aligns with similar industry-wide price cuts and supports the government's vision of establishing a gas-based economy while encouraging clean fuel adoption.
24Dec 25
GAIL Signs MoU with Chhattisgarh Government for Gas-Based Fertilizer Project
GAIL (India) Ltd has signed a Memorandum of Understanding with the Chhattisgarh Government to develop a gas-based fertilizer project in the state. The partnership will conduct comprehensive studies for establishing a urea manufacturing plant, combining GAIL's gas infrastructure expertise with the state's industrial development goals to enhance India's domestic fertilizer production capabilities.
23Dec 25
GAIL Signs MoU with Chhattisgarh Government for Gas-Based Fertilizer Project
GAIL India Limited has signed a non-binding MoU with the Chhattisgarh government to develop a greenfield gas-based fertilizer project. The facility will have a urea manufacturing capacity of 12.70 lakh metric tons and will be located along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline corridor. GAIL will conduct techno-economic studies before making a final investment decision. The state government will provide support in various areas including feasibility studies, land allocation, and infrastructure development.
11Dec 25
GAIL (India) Receives ₹143.08 Crore GST Demand Notice for Corporate Guarantees
GAIL (India) has been issued a GST penalty of ₹143.08 crore by CGST Delhi South for non-payment of GST on corporate guarantees provided to banks on behalf of subsidiaries and joint ventures. The Order-in-Original was received on December 10, 2025, and the company disclosed this development under SEBI LODR Regulations, highlighting regulatory scrutiny of guarantee structures in GST framework.
10Dec 25
GAIL India Maintains 'Aspiring' ESG Rating of 66 with Detailed Performance Analysis
GAIL (India) Limited received an updated ESG assessment maintaining its rating of 66 in the 'Aspiring' category from NSE Sustainability Ratings Analytics. The evaluation shows strong social performance (76) and governance compliance (71), while environmental challenges (56) persist in areas like greenhouse gas emissions and renewable energy adoption.
28Nov 25
GAIL's Pipeline Tariff Hike: PNGRB Approves 12.1% Increase
GAIL (India) Limited has received approval from the Petroleum and Natural Gas Regulatory Board (PNGRB) for a pipeline tariff increase. The tariff has been raised from ₹58.60 to ₹65.69 per Million British Thermal Units (MMBTU), representing a 12.1% hike. While significant, this increase falls short of GAIL's initial request for ₹78 per MMBTU. The tariff adjustment is expected to impact GAIL's revenue, operational sustainability, and potentially influence market dynamics in India's natural gas sector.
22Nov 25
GAIL India's Board Composition Shifts as Government Nominee Director Steps Down
GAIL (India) Limited, a Maharatna PSU, has reported that Ms. Kamini Chauhan Ratan has stepped down from her position as Government Nominee Director, effective November 22, 2025. This change was directed by the Ministry of Petroleum & Natural Gas. The company has disclosed this information in compliance with SEBI regulations.
19Nov 25
GAIL Swiftly Resolves Gas Pipeline Leak at RCF Trombay, Normalizes Supply to MGL
GAIL efficiently managed a gas pipeline leak incident on November 16, 2025, which temporarily disrupted gas supply to Mahanagar Gas Limited (MGL). The leak, detected in an 18-inch pipeline within Rashtriya Chemicals & Fertilizers premises, was caused by third-party damage. GAIL's team quickly isolated the pipeline, initiated repairs, and restored gas supply by November 18. The company maintained transparent communication with stakeholders throughout the incident. GAIL reported no material impact on its operations and affirmed its compliance with regulatory disclosure requirements.
03Nov 25
GAIL's Q2 Standalone EBITDA Surpasses Estimates at Rs 3,976 Crore, Marketing Segment Shines
GAIL (India) Limited reported a standalone EBITDA of Rs 3,976 crore in Q2, exceeding market expectations by 5%. Revenue increased by 6.47% YoY to Rs 35,800.60 crore, despite a 10.66% YoY decline in EBITDA and a 17.02% drop in net profit. The marketing segment showed strong performance, offsetting the gas transmission segment's underperformance. GAIL's H1 EBIT is on track with its full-year guidance. Motilal Oswal maintains a 'Buy' rating, citing potential tariff hikes and volume uplift as key catalysts for future growth.
01Nov 25
GAIL Forecasts ₹4,000-5,000 Crore PBT in Gas Marketing, Revises FY26 Transmission Volume Target
GAIL (India) Limited forecasts a profit before tax of ₹4,000-5,000 crore in its gas marketing segment. The company has revised its FY26 transmission volume guidance downward to 123-124 MMSCMD, citing pipeline issues and lower demand. GAIL recently held its Q2 FY 2025-26 Earnings Conference Call, making the audio recording publicly available.
31Oct 25
GAIL India Seeks to Expand LNG Regassification Capacity Amid Anticipated Decline in Henry Hub Prices
GAIL (India) Limited is pursuing partnerships with more terminal operators to secure additional LNG regassification capacity, aiming to expand its LNG processing capabilities. The company also anticipates a downward trend in Henry Hub LNG prices. This strategy could increase GAIL's operational flexibility, enhance market reach, and improve supply security. The expected price decline may impact GAIL's procurement strategy, profit margins, and potentially stimulate demand for natural gas.
31Oct 25
GAIL India Reports Mixed Performance in H1 FY26 with Revenue Decline Despite Volume Growth
GAIL (India) Limited reported mixed results for H1 FY26. Natural gas transmission volume increased by 7.60% to 105.47 MMSCMD. However, standalone turnover decreased by 33.25% to ₹91,426.00 crore, EBITDA fell by 44.76% to ₹8,608.00 crore, and profit after tax declined by 48.84% to ₹5,302.00 crore. The company maintains a strong financial position with a debt-equity ratio of 0.20 and plans ₹10,700.00 crore capital expenditure for FY2025-26, focusing on pipelines, city gas distribution, and petrochemicals.
28Oct 25
Moody's Affirms GAIL's Baa3 Credit Rating, Maintains Stable Outlook
Moody's Investors Service has confirmed GAIL (India) Limited's Baa3 credit rating and maintained a stable outlook. This rating, the lowest investment-grade in Moody's scale, indicates moderate credit risk and medium-grade obligations. The stable outlook suggests no significant changes in GAIL's creditworthiness are expected in the near to medium term. This affirmation reflects confidence in GAIL's financial stability and may positively impact investor confidence and borrowing costs.
18Oct 25
GAIL Executes Sponsor Support for Talcher Fertilizer's Rs 12,250 Crore Loan
GAIL (India) Ltd has executed a Sponsor Support Undertaking for Talcher Fertilizer Limited's (TFL) Rupee Term Loan Facility of approximately Rs 12,250 crores. TFL, a joint venture established in 2015, aims to set up a coal gasification-based fertilizer plant in Talcher. GAIL clarified it is not the loan guarantor and the undertaking has no direct financial implications for the company. The transaction was conducted at arm's length, with other promoters including Coal India Ltd, Rashtriya Chemicals & Fertilizers Ltd, and Fertilizer Corporation of India Limited also involved.
17Oct 25
GAIL India Inks 25-Year Deal for Eco-Friendly Bio-Gas Plant in Bengaluru
GAIL (India) Limited has entered into a 25-year agreement for a compressed bio-gas (CBG) plant in Bengaluru. The plant will process 300 tons of waste daily, producing 12.60 tons of CBG and 22.00 tons of fermented organic manure. Located on 18 acres provided by GBA, this initiative aims to promote sustainable energy production and efficient waste management.
14Oct 25
GAIL's Pipeline Tariff Hike Plan Faces Opposition from PNGRB Members
GAIL (India) Limited is encountering opposition from within the Petroleum and Natural Gas Regulatory Board (PNGRB) regarding its proposed pipeline tariff increase. Some PNGRB members have objected to GAIL's plan, expressing concerns about the rationale and process behind the tariff revision. This development could impact GAIL's revenue projections and infrastructure investment capabilities. The disagreement highlights the challenges in balancing state-owned enterprise interests with regulatory oversight in India's energy sector.
29Sept 25
Government Plans New Operator for Common Carrier Pipelines, GAIL Infrastructure to be Included
The Indian government is working on establishing a new operator to oversee all common carrier pipelines in the country. GAIL Infrastructure is expected to be incorporated into this new operational framework. This move aims to create a centralized management system for common carrier pipelines, potentially leading to more efficient coordination and utilization of pipeline infrastructure. The restructuring could impact how companies like GAIL operate within the natural gas transmission market and may influence future infrastructure development strategies.
26Sept 25
GAIL to Double Jamnagar-Loni LPG Pipeline Capacity with Rs 53.5 Billion Investment
GAIL (India) Limited plans to expand its Jamnagar-Loni LPG pipeline capacity from 3.25 MMTPA to 6.5 MMTPA, investing Rs 53.50 billion. The company is also nearing completion of the 1,707 km Mumbai-Nagpur-Jharsuguda pipeline (MNJPL) project, expected to be fully commissioned by December 31, 2025. The MNJPL project, part of the National Gas Grid, spans four states and aims to provide clean fuel for City Gas Distribution and industrial sectors.
24Sept 25
GAIL Delays MNJPL Project to December 2025, Approves ₹5,364 Crore Jamnagar LPG Pipeline Expansion
GAIL's Board of Directors has approved a ₹5,363.88 crore expansion project for the Jamnagar-Loni Petroleum Product Pipeline (JLPL). The project will increase the pipeline's capacity from 3.25 MMTPA to 6.5 MMTPA. The expansion is set to be completed within 36 months from July 23, 2025. GAIL has also extended the completion date for the Mumbai-Nagpur-Jharsuguda Pipeline (MNJPL) project to December 31, 2025. These infrastructure developments aim to meet India's growing energy demands and strengthen the country's gas pipeline network.
12Sept 25
GAIL India Secures 18-Acre Land for Bio-CNG Plant in Bengaluru
Karnataka Cabinet has approved the allocation of 18 acres of land to GAIL India for a bio-CNG plant in Bengaluru. The land, located in Haralakunte village, is provided on a 'Permissive Use' basis for 25 years. The plant will have an initial capacity of 300 metric tonnes per day, expandable to 500 metric tonnes. The Revenue Department and Bengaluru Solid Waste Management Ltd will oversee the land handover. Additionally, the Cabinet approved guidelines to regulate bio-diesel sales and decided to draft a new licensing order for bio-diesel blending.
11Sept 25
GAIL Shares Surge on Imminent Pipeline Tariff Revision
GAIL (India) Ltd. shares increased by 2.8% to ₹178.74 due to expected pipeline tariff revision. The Petroleum and Natural Gas Regulatory Board (PNGRB) may announce a significant tariff increase soon, potentially from ₹58.59 to ₹70.00 per mmBtu. Brokerages project positive impacts on GAIL's financials, with Jefferies estimating 13-26% boost in transmission EBITDA for 10-20% tariff hikes. Nomura expects 42% year-on-year growth in gas transmission EBIT. This revision is crucial as tariffs have remained unchanged since 2018 despite GAIL's expansion. GAIL also appointed new Joint Statutory Auditors for FY 2025-26.
10Sept 25
GAIL Faces Rs 529.32 Crore Counter Claim in Arbitration, Explores Listing of City Gas Distribution Arm
GAIL (India) Limited is facing a Rs 529.32 crore counter claim from Focus Energy Limited in an ongoing arbitration over Annual Take or Pay obligations. Simultaneously, GAIL is considering listing its city gas distribution arm, GAIL Gas (GGL), on Indian stock exchanges. GGL serves 6% of India's population across 13 states and reported a gross turnover of Rs 10,944 crore. The company anticipates 13% CAGR growth in gas usage by the CGD sector until FY30.
19Aug 25
GAIL's Pipeline Tariff Announcement Expected by Early September
GAIL (India) Limited expects a significant update on its pipeline tariffs by early September. The Petroleum and Natural Gas Regulatory Board (PNGRB) will hold a board meeting in August to address pipeline matters, potentially leading to GAIL's tariff announcement. This update could impact GAIL's revenue, operational efficiency, and the competitiveness of natural gas in various sectors.
13Aug 25
GAIL Faces Rs 21.84 Lakh Penalty from Customs Authority Over Import Duty Dispute
GAIL has received a customs order from the Joint Commissioner of Customs, Nhava Sheva, Mumbai, alleging denial of concessional duty benefit on an import consignment. The order demands differential custom duty, interest, a fine of Rs 9.5 lakh, and a penalty of Rs 12.33 lakh, totaling Rs 21.84 lakh. GAIL disclosed this information to stock exchanges in compliance with SEBI regulations.
11Aug 25
GAIL India Secures 49% Stake in Leafiniti Bioenergy for Compressed Bio Gas Projects
GAIL (India) Limited has signed an agreement with TruAlt Bioenergy Limited to acquire a 49% equity stake in Leafiniti Bioenergy Private Limited (LBPL). This joint venture aims to establish and operate new Compressed Bio Gas (CBG) projects. The partnership includes a balanced governance structure with equal board representation and rotating chairmanship. GAIL secures strategic rights including first participation in share issuances, affirmative voting on capital structure changes, and Right of First Refusal on equity sales. The agreement includes a lock-in period tied to project milestones.
29Jul 25
GAIL Reports ₹1,886 Crore Profit in Q1, Forms Joint Venture with Rajasthan Power Utility
GAIL (India) Limited reported a net profit of ₹1,886.00 crore for Q1, down from ₹2,724.00 crore year-over-year. Revenue increased to ₹34,792.00 crore. The company transmitted 121 MMSCMD of natural gas and marketed 105 MMSCMD. GAIL incurred ₹3,176.00 crore in capital expenditure and received authorization for the Jamnagar-Loni LPG pipeline expansion. A joint venture with RVUNL was formed to manage gas-based power plants and develop renewable energy projects in Rajasthan. GAIL maintained its position in the FTSE4Good Index series for the seventh consecutive year.
29Jul 25
GAIL Reports ₹1,886 Crore Profit in Q1, Petrochemical Business Set for Turnaround
GAIL (India) Limited announced a net profit of ₹1,886.00 crore for Q1, with revenue from operations at ₹34,792.00 crore. Natural gas transmission and marketing segments performed strongly, while the petrochemicals segment faced challenges. The company expects its petrochemical business to break even by FY26. GAIL's total assets stood at ₹117,397.00 crore with a net worth of ₹65,127.00 crore, indicating a strong financial position.
29Jul 25
GAIL Unveils Plans to Boost Natural Gas Transmission Capacity by 127-128 MMSCMD in FY26
GAIL (India) Limited announced plans to increase its natural gas transmission capacity by 127-128 million metric standard cubic meters per day (MMSCMD) in fiscal year 2025-26. This expansion aligns with India's goal to increase natural gas usage in its energy mix. The move is expected to improve gas availability for various sectors, support the country's energy transition, and potentially have significant economic impacts. GAIL recently submitted its unaudited financial results for the quarter ended June 30, 2025, to stock exchanges.
29Jul 25
GAIL Unveils Ambitious Expansion Plan for CNG and PNG Infrastructure
GAIL (India) Limited plans to add 85 new CNG stations and 260,000 domestic PNG connections over the next two years. The company has set a marketing target of ₹40-45 billion for FY 2025-26. This expansion aligns with India's goal to increase natural gas usage and reduce carbon emissions.
28Jul 25
GAIL Reports ₹34,792 Crore Revenue, Plans ₹10,700 Crore Capex for FY26
GAIL (India) Limited reported Q1 FY26 revenue of ₹34,792 crore, up 3.3% year-on-year. Profit After Tax stood at ₹1,886 crore. The company announced a ₹10,700 crore capex plan for FY26, with major investments in petrochemicals and pipeline infrastructure. GAIL received approval to double its Jamnagar-Loni LPG pipeline capacity to 6.5 MMTPA. The company has already spent ₹3,176 crore in Q1 FY26 on various projects. GAIL was included in the FTSE4Good Index series for the seventh consecutive year, highlighting its strong ESG performance.
28Jul 25
GAIL Reports ₹1,886 Crore Q1 Profit, Plans ₹10,700 Crore Capex for FY26
GAIL (India) Limited reported a net profit of ₹1,886 crore for Q1 FY26, with revenue from operations at ₹34,792 crore. The company announced a capital expenditure plan of ₹10,700 crore for FY26, focusing on pipeline infrastructure, petrochemicals, and sustainability initiatives. GAIL received authorization to expand its Jamnagar-Loni LPG pipeline capacity from 3.25 MMTPA to 6.5 MMTPA. The company has been included in the FTSE4Good Index series for the seventh consecutive year, recognizing its strong ESG performance.
28Jul 25
GAIL India Reports Q1 Net Profit of ₹1,886 Crore, Down 31% YoY
GAIL (India) Limited announced Q1 financial results with standalone net profit of ₹1,886.34 crore, down 31% year-over-year. Total income increased to ₹35,084.37 crore. Consolidated net profit fell to ₹2,382.24 crore. Natural Gas Marketing segment saw significant profit decline. Company incurred ₹3,176 crore in capital expenditure and received authorization for Jamnagar-Loni LPG pipeline expansion. GAIL included in FTSE4Good Index series for seventh consecutive year.
25Jul 25
GAIL India Files Rs 639.18 Crore Arbitration Claim Over Gas Supply Dispute
GAIL (India) Limited has filed for arbitration against Focus Energy Ltd, iServices Investment Limited, and Newbury Oil Company Limited, claiming up to Rs 639.18 crore plus interest. The dispute concerns non-supply of make-up gas and shortfall in gas supply. GAIL has submitted its Statement of Claim to the arbitrator. Separately, GAIL received authorization from PNGRB to double the capacity of its Jamnagar-Loni Petroleum Product Pipeline from 3.25 MMTPA to 6.5 MMTPA, to be completed within three years.
25Jul 25
GAIL Secures Regulatory Nod to Double LPG Pipeline Capacity
GAIL (India) Limited has been authorized by the Petroleum and Natural Gas Regulatory Board (PNGRB) to expand the capacity of its Jamnagar-Loni LPG pipeline from 3.25 MMTPA to 6.5 MMTPA. The expansion project, to be completed within three years, aims to meet growing LPG demand in India, which has seen a 6% cumulative growth over the past decade. This expansion is expected to support GAIL's business growth, enhance India's energy infrastructure, and improve the efficiency of LPG supply across the country.
15Jul 25
GAIL Secures Long-Term LNG Supply Agreement with Vitol Asia and Expects Pipeline Tariff Boost
GAIL (India) Limited has signed a long-term LNG Sales and Purchase Agreement with Vitol Asia Pte. Ltd. The agreement involves the supply of 1 Million Metric Tonnes Per Annum of LNG for 10 years, starting from 2026. This move aligns with India's goal to increase natural gas in its energy mix from 6% to 15% by 2030. Additionally, GAIL is expected to receive a boost in pipeline tariffs, with a potential increase of nearly 20% to around ₹70.00 per mmBtu.
14Jul 25
GAIL Secures Major LNG Supply Deal with Vitol Asia
GAIL (India) Limited has signed a significant agreement with Vitol Asia for the supply of 1 MMTPA of Liquefied Natural Gas (LNG). This deal enhances GAIL's supply security, strengthens its market position, and aligns with the global trend towards cleaner energy sources. The partnership with Vitol Asia, a major player in global energy trading, could lead to future collaborations and market opportunities for GAIL.
04Jul 25
GAIL India Faces Potential Impact from 'One Nation One Tariff' Gas Pricing Policy
The Indian government plans to implement a 'One Nation One Tariff' policy for gas pricing, aiming to create a uniform pricing structure nationwide. This could significantly affect GAIL India Ltd, a major player in the country's gas sector. The policy seeks to eliminate regional price disparities, potentially reshaping the natural gas market. For GAIL, this may necessitate adjustments in pricing strategies and operational models. The policy could lead to increased market efficiency, changes in profitability, and shifts in demand patterns across regions. While full details are pending, this policy signals a significant shift in India's gas pricing approach, presenting both challenges and opportunities for GAIL India Ltd.
30Jun 25
GAIL India to Inject ₹10,675 Crore into Talcher Fertilizers Limited
GAIL India announces a ₹10,675 crore investment in Talcher Fertilizers Limited (TFL) through a rights issue. The state-owned gas utility will subscribe to 106.75 crore equity shares of TFL at ₹10 per share. This investment is part of TFL's capital expansion plans and represents GAIL's strategic move to diversify its portfolio and strengthen its position in the fertilizer sector.
27Jun 25
GAIL India to Invest ₹10,675 Crore in Talcher Fertilizers Through Rights Issue
GAIL India announced a ₹10,675 crore investment in Talcher Fertilizers Limited (TFL) through a rights issue. The company will subscribe to 106.75 crore equity shares at ₹10 each, to be completed by July 9, 2025. TFL is a joint venture equally owned by GAIL India, Coal India, and Rashtriya Chemicals & Fertilizers, each holding a 33.33% stake. This investment signifies GAIL's commitment to diversifying its portfolio and strengthening its presence in the fertilizer industry, aligning with India's goals to enhance domestic fertilizer production capacity.
26Jun 25
GAIL Pioneers Digital Transformation Among Maharatna PSUs with SAP S/4HANA Cloud Implementation
GAIL (India) Limited has become the first Maharatna PSU to implement the Rise with SAP - S/4HANA on Cloud system. This cloud-based ERP solution is expected to enhance operational efficiency, improve data management, offer scalability, and provide real-time information access. The move sets a precedent for other PSUs and aligns with the digital India initiative.
23Jun 25
GAIL to Invest ₹844 Crore in Gas Pipeline Expansion, Boosting Capacity by 2.5 MMSCMD
GAIL (India) Limited's Board of Directors has approved a ₹844 crore investment to increase the capacity of its DuPL-DPPL gas pipeline network by 2.5 MMSCMD. The expansion project is set to be completed over three years, aiming to support business growth and meet rising demand for natural gas transportation. This strategic move is expected to enhance India's gas distribution infrastructure and contribute to the country's clean energy transition.
11Jun 25
Fitch Forecasts Rise in GAIL's EBITDA Net Leverage Amid Expansion Plans
Fitch Ratings projects GAIL (India) Limited's EBITDA net leverage to increase to 1.5x in the next two years due to higher capital expenditures and shareholder returns. GAIL reported a 73.62% increase in EBITDA to ₹15,304.10 crore for FY 2024, with operating profit nearly doubling to ₹14,296.30 crore. The company's fixed assets grew by 10.50% to ₹48,959.70 crore, and capital work in progress increased by 16.07% to ₹15,858.70 crore, indicating ongoing expansion. Despite a slight revenue decrease, GAIL improved profitability through efficient cost management, reducing expenses by 13.93%.
11Jun 25
Fitch Affirms GAIL (India)'s 'BBB-' Rating, Outlook Stable
Fitch Ratings has reaffirmed GAIL (India) Limited's credit rating at 'BBB-' with a stable outlook. This investment-grade rating indicates GAIL's low default risk and solid financial position in the global energy sector. The stable outlook suggests Fitch doesn't anticipate significant changes to GAIL's credit profile in the near future. This rating may positively impact investor confidence, financing opportunities, and GAIL's industry standing.
06Jun 25
GAIL Achieves Milestone: First LNG Vessel Unloaded During Monsoon Season
GAIL (Gas Authority of India Limited) has achieved a significant operational milestone by successfully unloading its first LNG vessel during the challenging monsoon season. This accomplishment demonstrates the company's operational resilience and adaptability in maintaining efficient operations despite adverse weather conditions. The achievement ensures supply continuity, showcases improved operational capabilities, and contributes to India's energy security. It could set a new benchmark for year-round LNG operations in India, potentially leading to more stable natural gas supplies and pricing throughout the year.
05Jun 25
GAIL Sees Potential for Increased US Energy Imports to India
Gas Authority of India Limited (GAIL) has identified opportunities for India to increase imports of shale gas, liquefied natural gas (LNG), and crude oil from the United States. This move could diversify India's energy sources, strengthen US-India bilateral ties, and help meet India's growing energy demand. As India's leading natural gas company, GAIL's assessment suggests a potential shift in the country's energy import strategy.
29May 25
GAIL Revises Down Volume Guidance for FY26 and FY27
GAIL has reduced its volume guidance for FY26 to 132.00 MMSCMD from 139.00 MMSCMD, a 5.04% decrease. For FY27, the guidance is lowered to 142.00 MMSCMD from 148.00 MMSCMD, a 4.05% reduction. Despite the downward revision, the company still projects growth from FY26 to FY27.
15May 25
GAIL India Reaffirms Rs 4,000 Crore Guidance, Outlines Plant Capacity Ramp-Up
GAIL India has reaffirmed its financial guidance of Rs 4,000 crore for the upcoming years. The company also revealed a phased capacity increase plan for its new plant, starting at 60-70% in the first year, progressing to 90% in the second year, and reaching 100% in subsequent years.
14May 25
GAIL Anticipates Higher Gas Transmission in Q2 on Increased Power and Fertiliser Demand
GAIL (India) Limited expects increased gas transmission volumes in the second quarter of the fiscal year, driven by rising demand from power and fertiliser sectors. This anticipated growth could lead to improved pipeline utilization, potential revenue growth, and underscores GAIL's strategic importance in India's energy infrastructure. The outlook aligns with India's growing energy demand and shift towards cleaner energy sources.
14May 25
GAIL (India) Ltd. Posts Mixed Q4 Results: Core Earnings Beat Estimates Despite Net Profit Decline
GAIL (India) Ltd. reported mixed Q4 FY2024-25 results. Revenue increased 10% YoY to Rs 36,251.60 crore, while net profit declined 5.88% to Rs 2,049.00 crore. EBITDA fell 9.83% YoY to Rs 3,782.80 crore. Despite profit decline, core earnings surpassed market expectations. Operating profit improved 13.34% QoQ to Rs 3,216.40 crore, with operating profit margin expanding to 9.01%. The company demonstrated resilience amid global gas market volatility, with brokerages remaining optimistic about GAIL's prospects.
14May 25
GAIL (India) Partners with Karnataka Government for 1 GW Renewable Energy Initiative
GAIL (India) Limited has signed a Memorandum of Understanding with the Government of Karnataka to develop renewable energy projects with a capacity of up to 1 Gigawatt in the state. This strategic partnership aims to expand GAIL's renewable energy portfolio and boost Karnataka's sustainable energy infrastructure. The agreement marks a significant step in the state's push for clean energy solutions, aligning with both GAIL's and Karnataka's environmental sustainability goals.
13May 25
GAIL India Inks MoU with Karnataka for 1 GW Renewable Energy Projects
GAIL (India) Limited has signed a Memorandum of Understanding with the Government of Karnataka to develop renewable energy projects with a capacity of up to 1 Gigawatt in the state. This strategic partnership aims to expand GAIL's footprint in the renewable energy sector and contribute to India's clean energy goals. The agreement is expected to diversify GAIL's business beyond natural gas and increase Karnataka's clean energy capacity.
13May 25
GAIL's Q4 Profit Drops 6% Amid Petrochemical Losses, Reports Improved EBITDA and Declares Dividend
GAIL (India) Limited reported a 6% year-on-year decline in Q4 FY2024-25 net profit to ₹2,049.00 crore, despite a 10% revenue increase to ₹35,707.00 crore. The profit drop was mainly due to losses in the petrochemicals segment. However, full-year performance showed 5% revenue growth and 28% profit increase. EBITDA and margins improved quarter-on-quarter. GAIL plans to transfer its city gas distribution business to a wholly-owned subsidiary and expects 6-8% growth in natural gas sales for the current fiscal year. A dividend of ₹1.00 per share was declared.
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