Gujarat Energy Ltd
- Market cap
- ₹ 20,097 Cr.
- P/E
- 10.2x
- P/B
- 1.11x
- 52-week range
- 211.16 – 443.75
- ROE
- 16%
- ROCE
- 18%
- Dividend yield
- 4.1%
- Debt / equity
- 0.18
- Sector
- Gas
- Industry
- LPG/CNG/PNG/LNG Supplier
- Listed on
- NSE, BSE
About
Gujarat Energy Limited, formerly Gujarat Gas Limited, is a city gas distribution company. It is engaged in natural gas, involving distribution of gas from sources of supply to centers of demand and to the end customers through its city gas distribution network. It is developing city gas distribution (CGD) networks to supply piped natural gas to industrial, commercial and domestic customers and compress natural gas to automobiles (CNG run vehicles). It has investments in diversified businesses, including gas-based power generation (GSEG and GPPC), LNG Terminal (GSPC LNG Limited), city gas distribution (Sabarmati Gas Limited) and information technology enabled services (Guj Info Petro Limited). It operates in 44 districts in six states of Gujarat, Maharashtra, Rajasthan, Haryana, Punjab & Madhya Pradesh and one Union territory of Dadra & Nagar Haveli. It operates over 834 CNG stations and has connected more than 23.83 lakh households and over 15,900 commercial customers.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
LPG/CNG/PNG/LNG Supplier: 7 companies →Gujarat Energy Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10.2 against a typical 14.5: cheaper than most peers (1st = cheapest).1st of 7
- Sales growth+63.1% against a typical +24.4% from a year earlier.2nd of 7
- Profit growth+84.1% against a typical +35% from a year earlier.3rd of 7
- Share price, 3 months−22.5% against a typical −8%.7th of 7
- Size₹ 20,096.9 Cr. market value against a typical ₹ 19,893.1 Cr. (1st = largest).2nd of 5
Latest announcements
Exchange filings and their impact on the company.
- Gujarat Energy paid a record Rs 324 cr to the Gujarat government, implying ~Rs 852 cr total dividend at Rs 8.9 per share.
Gujarat Energy said it paid Rs 324 cr in dividend to the Government of Gujarat for FY25-26, the highest ever by a state PSU in a single year. The government now holds about 38% (36.4 cr shares) after the GSPC amalgamation effective 1 May 2026, at Rs 8.9 per share, versus Rs 81.55 cr total in the prior three years combined. Including Rs 60.67 cr paid by GSPL Transmission, the group paid Rs 384.67 cr to the state for FY25-26.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA / CARE A1+ | Stable | 19 Aug 2026 |
| CRISIL | Crisil AAA | Stable | 9 Jun 2026 |
| India Ratings | IND AAA; IND A1+ | Stable | 26 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Aug 2026 | Reaffirmed | CARE AAA / CARE A1+ | — | CARE | ₹ 12,836 Cr. | |
| 9 Jun 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 3,350 Cr. | |
| 10 Mar 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 3,350 Cr. | |
| 26 Nov 2025 | Reaffirmed | IND AAA | — | India Ratings | ₹ 4,700 Cr. | |
| 29 Sep 2025 | Reaffirmed | CARE AAA / CARE A1+ | — | CARE | ₹ 2,900 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 May 2026 | Financial Results/Dividend | GUJGASLTD : 30-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 29, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 30, 2026, To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 29 May 2026 | Financial Results/Dividend | GUJGASLTD : 29-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 26, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 29, 2026, To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 20 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results | GUJGASLTD : 10-Nov-2025 : The Company has informed the Exchange that a Board meeting to be held on November 07, 2025 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 10, 2025, To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,845 | 3,929 | 4,134 | 4,450 | 3,782 | 4,153 | 4,102 | 5,851 | 3,780 | 3,658 | 5,792 | 9,545 |
| Expenses | 3,349 | 3,528 | 3,543 | 3,915 | 3,268 | 3,772 | 3,652 | 5,014 | 3,333 | 3,211 | 5,183 | 8,164 |
| Operating Profit | 497 | 401 | 591 | 536 | 514 | 380 | 450 | 837 | 447 | 447 | 609 | 1,381 |
| OPM % | 13% | 10% | 14% | 12% | 14% | 9% | 11% | 14% | 12% | 12% | 11% | 14% |
| Other Income | 28 | 24 | 88 | 39 | 40 | 58 | 75 | 170 | 72 | 56 | 34 | 220 |
| Interest | 8 | 7 | 7 | 8 | 8 | 9 | 7 | 58 | 8 | 9 | 46 | 63 |
| Depreciation | 118 | 120 | 121 | 123 | 130 | 129 | 129 | 220 | 134 | 135 | 224 | 201 |
| Profit before tax | 399 | 297 | 551 | 444 | 417 | 300 | 389 | 728 | 377 | 359 | 374 | 1,337 |
| Tax % | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 25% | 26% | 26% | 59% | 25% |
| Net Profit | 296 | 221 | 410 | 331 | 309 | 221 | 288 | 547 | 280 | 267 | 152 | 1,007 |
| EPS in Rs | 4.3 | 3.21 | 5.96 | 4.8 | 4.48 | 3.21 | 4.18 | 8.55 | 4.06 | 3.88 | 5.1 | 10.65 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 19%
- 3 Years
- 12%
- TTM
- 27%
- 10 Years
- 26%
- 5 Years
- 11%
- 3 Years
- 12%
- TTM
- 39%
- 10 Years
- 9%
- 5 Years
- −15%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- 20%
- 5 Years
- 18%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Gujarat Energy Ltd | ₹ 211.74 | ₹ 20,097 Cr. | 10.2x | 1.1x | 16% | — |
| Gail (India) | ₹ 163.30 | ₹ 1,07,371 Cr. | 14.9x | 1.3x | 8.7% | 5.3% |
| Adani Total Gas | ₹ 529.45 | ₹ 58,376 Cr. | 118.5x | 16x | 14.5% | 9.9% |
| Indraprastha Gas | ₹ 141.95 | ₹ 19,873 Cr. | 13.8x | 1.9x | 14% | 8.7% |
| Mahanagar Gas | ₹ 1,025.00 | ₹ 10,169 Cr. | 12.9x | 1.7x | 13.7% | 9.3% |
| Confidence Petroleum India | ₹ 70.50 | ₹ 2,478 Cr. | 26.1x | 1.7x | 6.8% | 2% |
Management
- Rajesh Sivadasan
- Chief Financial Officer
- Avantika Singh Aulakh
- Managing Director, Additional Director
- B N Patel
- Executive Director
- Sandeep Vishnuprasad Dave
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.