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Gujarat Gas Ltd share price logo

Gujarat Gas Share Price

(GUJGASLTD)

₹469.70.66%

as on 04:01PM, 29 Jan 2025

Overview
News
Financials
Q3 FY24-25 Results
Technicals
F&O

Gujarat Gas Analyst Rating

based on 27 analysts

HOLD

35.71%

Buy

17.86%

Hold

46.43%

Sell

Based on 27 analysts offering long term price targets for Gujarat Gas. An average target of ₹531.74

Source: S&P Global Market Intelligence

Gujarat Gas Share analysis

Gujarat Gas price forecast by 27 analysts

Upside of13.96%

High

₹750

Target

₹531.74

Low

₹330

Gujarat Gas target price ₹531.74, a slight upside of 13.96% compared to current price of ₹469.7. According to 27 analysts rating.

Source: S&P Global Market Intelligence

Gujarat Gas Performance

  • Day's Low

    Day's High

    ₹464.4
    Day's Price Range
    ₹479.5
  • 52 Week's Low

    52 Week's High

    ₹442.5
    52-Week Price Range
    ₹689.95
1 Month Return-6.32 %
3 Month Return-11.95 %
1 Year Return-15.68 %
Previous Close₹466.60
Open₹467.60
Volume5.34L
Upper Circuit-
Lower Circuit-
Market Cap₹32,120.28Cr

Gujarat Gas Key Statistics

P/E Ratio25.29
PEG Ratio105.37
Market Cap₹32,120.28 Cr
P/B Ratio4.87
EPS16.61
Dividend Yield1.04
SectorGas Distribution
ROE15.56

Gujarat Gas Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹32,120.28 Cr11.64%0.52₹1,143 Cr₹15,690 Cr
HOLD₹26,796.03 Cr-5.04%0.51₹1,983 Cr₹14,000 Cr
HOLD₹18,906.72 Cr5.58%0.51₹2,183 Cr₹17,294 Cr
HOLD₹43,582.50 Cr1.22%0.59₹3,527 Cr₹52,729 Cr
BUY₹1,09,232.13 Cr19.47%0.64₹9,902 Cr₹1,33,228 Cr

About Gujarat Gas

Gujarat Gas Limited (GGL) is India’s leading city gas distribution player with presence in 44 districts spread across Gujarat, Dadra Nagar Haveli, Thane and Palghar district of Maharashtra. It operates with 32800 km of gas pipeline network, 711 CNG stations and provides close to 9.75 mmscmd of Natural Gas to its 1.55 million households and 4000 industrial customers. In October 2012, GSPC acquired 65.12 equity stake in Gujarat Gas Company Limited (GGCL) from British Gas Group through GGL which paid Rs 2463.46 crore for the acquisition. Later, GGL acquired 8.58 stake in GGCL through open offer to the shareholders. In April 2014, GGL was vested with city gas distribution (CGD) business of GSPC. In December 2015, GGL signed a Gas Purchase Contract with GSPC for Regasified LNG. In June 2016, GGL was authorised to lay build operate or expand City or Local Natural Gas Distribution network CGD network for the Geographical Areas of Amreli, DahejVagra Taluka, Bharuch, Ahmedabad and Dahod districts. In July 2016, GGL was authorised to lay build operate or expand City or Local Natural Gas Distribution network CGD network for the Geographical Areas of Panchmahal District and Anand District. In May 2017, GGL entered into a nonbinding MoU with Petronet LNG Limited for exploring, dispensing and marketing of LNG and LCNG at GGL CNG stations. In March 2020, despite of countrywide lock down due to Coronavirus, GGL continued its uninterrupted supply of Natural Gas. During the year ended on 31 March 2021, GGL added 150 new CNG stations, added more than 100000 households, 350 industrial customers and laid pipeline network of over 4600 kms. On 1st June 2021, GGL signed Business Transfer Agreement to transfer/ purchase City Gas Distribution (CGD) Business from Gujarat State Petronet Limited to GGL for the Geographical Areas of Amritsar and Bhatinda. Furthermore, GGL signed an agreement with NTPC in FY22 to blend Green Hydrogen in Piped Natural Gas to be provided at NTPC Kawas Township.

Share Price: ₹469.70 per share as on 29 Jan, 2025 04:01 PM
Market Capitalisation: ₹32,120.28Cr as of today
Revenue: ₹3,781.75Cr as on September 2024 (Q3 24)
Net Profit: ₹308.74Cr as on September 2024 (Q3 24)
Listing date: 15 Sep, 2015
Chairperson Name: RAJ KUMAR
OrganisationGujarat Gas
HeadquartersAhmedabad
IndustryGas Distribution
E-voting on sharesClick here to vote

Key events for Gujarat Gas Ltd

  • Gujarat Gas Faces Supply Issues and Stock Decline - 10 Jan, 2025

    Gujarat Gas Ltd is experiencing a fifth consecutive decline in stock price, attributed to supply issues in Morbi affecting industry operations and economic growth.
  • Gujarat Gas Stock Rises on LPG Supply News - 03 Jan, 2025

    Gujarat Gas Ltd's stock increased by nearly 2% after a government order concerning LPG supply to CGD companies, boosting investor confidence.
  • Gujarat Gas Shares Decline Amid Shutdown Proposal - 31 Dec, 2024

    Gujarat Gas Limited's shares fell nearly 3% due to a proposed one-month shutdown in the Morbi ceramic industry, expected to impact sales volumes in FY25.
  • Nuvama Maintains Hold Rating on Gujarat Gas - 27 Dec, 2024

    Nuvama has retained a Hold recommendation on Gujarat Gas amid a steep correction in stock prices for IGL, MGL, and Gujarat Gas following the de-allocation of APM gas.
  • Gujarat Gas Shares Recover Amid Market Challenges - 19 Dec, 2024

    Gujarat Gas Ltd has seen an 11% recovery in shares from November lows, attributed to recent APM gas de-allocations. Nuvama identifies it as least affected among city-gas distributors amid rising dollar pressures.
  • Gujarat Gas Shares Rebound Amid GST Speculation - 18 Dec, 2024

    Gujarat Gas shares have increased by 12% since November lows, fueled by speculation regarding the inclusion of natural gas under the GST regime. However, analysts warn of an imminent profit plunge, suggesting that the market may be overlooking fundamental challenges.

Insights on Gujarat Gas Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 13.22% to 13.37% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.51% to 4.53% in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given -3.3% return, outperforming this stock by 12.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 72.7% return, outperforming this stock by 103.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 60.89% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, GUJGASLTD stock has moved down by -30.2%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.14% to 6.98% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 4.48K Cr → 3.82K Cr (in ₹), with an average decrease of 14.9% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 410.48 Cr → 308.74 Cr (in ₹), with an average decrease of 13.0% per quarter

Gujarat Gas Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹3,845.40Cr (-)₹3,929.10Cr (↑2.18%)₹4,134.18Cr (↑5.22%)₹4,450.30Cr (↑7.65%)₹3,781.75Cr (↓15.02%)
Net Income₹296.25Cr (-)₹221.02Cr (↓25.39%)₹410.48Cr (↑85.72%)₹330.71Cr (↓19.43%)₹308.74Cr (↓6.64%)
Net Profit Margin7.70% (-)5.63% (↓26.88%)9.93% (↑76.38%)7.43% (↓25.18%)8.16% (↑9.83%)
Value in ₹ crore
Details2021202220232024
Total Assets₹8,554.39Cr (-)₹9,610.76Cr (↑12.35%)₹10,964.26Cr (↑14.08%)₹11,715.62Cr (↑6.85%)
Total Liabilities₹4,105.75Cr (-)₹4,011.46Cr (↓2.30%)₹3,968.65Cr (↓1.07%)₹4,026.36Cr (↑1.45%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,421.90Cr (-)₹1,658.81Cr (↑16.66%)₹1,661.76Cr (↑0.18%)₹2,377.96Cr (↑43.10%)₹1,634.04Cr (↓31.28%)

Index Inclusions

S&P BSE PSU

₹17,694.78

1.65 (287.96%)

S&P BSE Energy

₹10,511.44

0.81 (84.86%)

Nifty Energy

₹32,607.85

2.01 (641.75%)

BSE Mid-Cap

₹42,366.13

2.54 (1047.47%)

Nifty 500

₹21,245.50

1.53 (320.75%)

S&P BSE 400 MidSmallCap

₹11,022.16

2.72 (292.17%)

BSE 200

₹10,500.49

1.29 (134.22%)

BSE 500

₹33,434.59

1.53 (503.74%)

Nifty Midcap 150

₹19,481.75

2.43 (462.65%)

Nifty MidSmallcap 400

₹18,103.90

2.69 (474%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹14,637.34

2.52 (360.32%)

S&P BSE 250 LargeMidCap

₹9,942.73

1.37 (134%)

Nifty LargeMidcap 250

₹14,840.45

1.74 (254.45%)

Gujarat Gas Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.89%
0.00
Foreign Institutions
4.53%
0.34
Mutual Funds
6.98%
-2.25
Retail Investors
13.37%
1.14
Others
14.23%
-0.04

Gujarat Gas Key Indicators

Details20202021202220232024
Return On Equity %43.5932.7725.5924.2215.56
Details20202021202220232024
Return On Assets %15.1114.8513.413.949.76
Details20202021202220232024
Book Value Per Share (₹)48.1965.0481.78102.09112.18
Details20202021202220232024
Earning Per Share (₹)17.4118.4518.722.216.61

Gujarat Gas Valuation

Gujarat Gas in the last 5 years

  • Overview

  • Trends

Lowest (12.83x)

April 3, 2020

Industry (17.18x)

January 28, 2025

Today (25.29x)

January 28, 2025

Highest (42.23x)

June 11, 2019

LowHigh

Gujarat Gas Earnings and Dividends

  • Gujarat Gas Ltd Earnings Results

    Gujarat Gas Ltd’s net profit jumped 4.22% since last year same period to ₹308.74Cr in the Q2 2024-2025. On a quarterly growth basis, Gujarat Gas Ltd has generated -6.64% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Gujarat Gas Ltd Dividends May,2024

    In the quarter ending March 2024, Gujarat Gas Ltd has declared dividend of ₹5.66 - translating a dividend yield of 2.57%.

    Read More about Dividends

Gujarat Gas Technicals Summary

Bearish

Neutral

Bullish

Bearish

Gujarat Gas Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Gujarat Gas Ltd

What is Gujarat Gas Ltd price today?

Gujarat Gas Ltd share price today stands at ₹469.7, Open: ₹467.6, Previous Close: ₹466.6, High: ₹479.5, Low: ₹464.4, 52 Week High: ₹689.95, 52 Week Low: ₹442.5.

How to Buy Gujarat Gas Ltd Share in India?

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  • Fund your Trading account
  • Place an order to buy Gujarat Gas Ltd shares

Is Gujarat Gas Ltd listed on NSE?

Gujarat Gas Ltd is listed on NSE

Is Gujarat Gas Ltd listed on BSE?

Gujarat Gas Ltd is listed on BSE

What are today's High and Low prices of Gujarat Gas Ltd?

  • Today's highest price of Gujarat Gas Ltd is ₹479.5.
  • Today's lowest price of Gujarat Gas Ltd is ₹464.4.

What are today's traded volumes of Gujarat Gas Ltd?

Today's traded volume of Gujarat Gas Ltd(GUJGASLTD) is 5.34L.

What is today's market capitalisation of Gujarat Gas Ltd?

Today's market capitalisation of Gujarat Gas Ltd(GUJGASLTD) is ₹32120.28Cr.

What is the 52 Week High and Low Range of Gujarat Gas Ltd?

Gujarat Gas Ltd (GUJGASLTD)
Price
52 Week High
₹689.95
52 Week Low
₹442.5

How much percentage Gujarat Gas Ltd is down from its 52 Week High?

Gujarat Gas Ltd (GUJGASLTD) share price is ₹469.7. It is down -31.92% from its 52 Week High price of ₹689.95

How much percentage Gujarat Gas Ltd is up from its 52 Week low?

Gujarat Gas Ltd (GUJGASLTD) share price is ₹469.7. It is up 6.15% from its 52 Week Low price of ₹442.5

What are the historical returns of Gujarat Gas Ltd?

Gujarat Gas Ltd (GUJGASLTD)
Returns
1 Day Returns
3.1%
1 Month Returns
-6.32%
3 Month Returns
-11.95%
1 Year Returns
-15.68%

What is the PE ratio of Gujarat Gas Ltd today?

PE Ratio of Gujarat Gas Ltd is 25.29

PE ratio = Gujarat Gas Ltd Market price per share / Gujarat Gas Ltd Earnings per share