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Gujarat State Petronet Ltd

GSPL

Gujarat State Petronet Ltd

GSPL
UtilitiesGas Distribution
SmallcapWith a market cap of ₹20,351 cr, stock is ranked 348
Moderate RiskStock is 2.86x as volatile as Nifty
363.550.79% (+2.85)
363.550.79% (+2.85)

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1D
1W
1M
1Y
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Max
SIP
UtilitiesGas Distribution
SmallcapWith a market cap of ₹20,351 cr, stock is ranked 348
Moderate RiskStock is 2.86x as volatile as Nifty

How to use scorecard? Learn more

UtilitiesGas Distribution
SmallcapWith a market cap of ₹20,351 cr, stock is ranked 348
Moderate RiskStock is 2.86x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
13.331.411.39%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.973.321.33%

Forecast & Ratings

Detailed Forecast 
25%
Analysts have suggested that investors can buy this stock

from 20 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Gujarat State Petronet Limited (GSPL) is an India-based company involved in the gas transportation business. The Company is primarily engaged in transmission of natural gas through pipeline on an open access basis from supply points to demand centers

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.06%, vs industry avg of 12.64%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 9.01% to 8.88%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 10.69%, vs industry avg of 11.3%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,085.436,019.247,382.839,498.1012,351.2711,664.9718,150.4618,252.3717,542.4817,955.73
Raw Materialssubtract0.000.000.00-10.970.000.000.000.000.0014,387.12
Power & Fuel Costsubtract7.5167.1279.6486.2497.9084.57128.05172.29199.25
Employee Costsubtract36.12167.05182.21224.53237.27236.66256.21267.80279.14
Selling & Administrative Expensessubtract29.91161.30190.34249.59271.48248.90229.03253.42264.95
Operating & Other expensessubtract52.363,864.064,764.946,273.378,420.047,390.8813,889.3513,743.4313,144.09
Depreciation/Amortizationsubtract182.91436.47446.86467.99518.01541.78579.46620.52663.82687.65
Interest & Other Itemssubtract79.92277.58241.61426.93369.02226.58111.7870.1156.4932.66
Taxes & Other Itemssubtract231.46491.26735.91781.83708.371,328.831,318.301,483.311,275.211,321.79
EPS8.269.8413.1517.7130.6628.4829.0429.0929.4127.06
DPS1.501.501.752.002.002.002.005.005.005.00
Payout ratio0.180.150.130.110.070.070.070.170.170.18

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2019

Annual report

PDF

Investor Presentation

May 9PDF
FY 2020

Annual report

PDF

Investor Presentation

Nov 8PDF
Aug 2PDF
FY 2023

Annual report

PDF

Investor Presentation

May 11PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 4PDF
 

Peers & Comparison

Comparing 3 stocks from 
UtilitiesGas Distribution

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Gujarat State Petronet Ltd12.261.411.39%
Gail (India) Ltd12.881.652.84%
Adani Total Gas Ltd110.3120.570.04%
Gujarat Gas Ltd30.024.451.13%

Price Comparison

Compare GSPL with any stock or ETF
Compare GSPL with any stock or ETF
GSPL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 1.22%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding37.63%24.12%0.75%15.21%22.29%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep16.55%16.01%16.03%15.67%15.85%15.21%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.97%

Top 5 Mutual Funds holding Gujarat State Petronet Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Energy Opportunities Fund - Growth - Direct Plan

Growth
1.8945%3.79%0.61%8/33 (+2)
ICICI Prudential Energy Opportunities Fund - Growth - Direct Plan

Growth
0.5693%1.21%0.27%17/63 (+1)
Kotak Special Opportunities Fund - Growth - Direct Plan

Growth
0.1862%1.68%-0.36%30/43 (-5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

GSPL has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.39%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.86 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 6, 2024

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Sep 6, 2024

Cash Dividend

Ex DateEx DateSep 1, 2023

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Sep 1, 2023

Cash Dividend

Ex DateEx DateSep 1, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 1, 2022

Cash Dividend

Ex DateEx DateSep 8, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 8, 2021

Cash Dividend

Ex DateEx DateSep 9, 2020

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 9, 2020

News & Opinions
Spotlight
GSPL slips as Q2 PAT declines 27% YoY to Rs 389 crore

Revenue from gas transportation was Rs 246.94 crore (down 52.25% YoY) while that from electricity sales was Rs 11.02 crore (down 9.67% YoY) and revenue from gas sales was at Rs 16.80 crore during the quarter. Profit before tax during the quarter stood at Rs 434.61 crore, reflecting de-growth of 30.78% on YoY basis. The company's Q2 transmission volume was 29.68 mmscmd (million metric standard cubic metres per day), down 40.88% YoY. On a consolidated basis, the company's net profit declined 28.32% to Rs 423.17 crore on 6.4% decline in revenue from operations to Rs 3,992.12 crore in Q2 FY25 over Q2 FY24. Gujarat State Petronet's primary business objective is to connect various supply sources and users of natural gas in Gujarat through its gas pipeline network. GSPL is the leader in natural gas transmission business in Gujarat and is the second-largest natural gas transmission player in India. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Gujarat State Petronet consolidated net profit declines 38.04% in the September 2024 quarter

Net profit of Gujarat State Petronet declined 38.04% to Rs 281.67 crore in the quarter ended September 2024 as against Rs 454.62 crore during the previous quarter ended September 2023. Sales declined 6.40% to Rs 3992.12 crore in the quarter ended September 2024 as against Rs 4265.22 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3992.124265.22 -6 OPM %17.2421.42 - PBDT755.58954.14 -21 PBT576.78789.14 -27 NP281.67454.62 -38 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Gujarat State Petronet announces board meeting date

Gujarat State Petronet will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Gujarat State Petronet to hold AGM

Gujarat State Petronet announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Gujarat State Petronet climbs 24% in seven days

Shares of the Gujarat State Petronet surged 24.25% in seven trading sessions from its recent closing low of Rs 318.55 on 16 August 2024. On the BSE, 17.77 lakh shares were traded in the counter so far compared with average daily volumes of 1.22 lakh shares in the past two weeks. The stock hit a high of Rs 407.05 and a low of Rs 379.80 so far during the day. The stock hit a 52-week high of Rs 407.30 on 8 February 2024. The stock hit a 52-week low of Rs 254.75 on 1 November 2023. The stock had outperformed the market over the past one month, rising 19.18 % as against Sensex's 0.48% increase. The scrip had outperformed the market in past three months, advancing 33.92 % as against 8.37% jump in Sensex. However, the counter had outperformed the market in past one year, climbing 42.07 % as against Sensex's 25.94 % surge. On the technical front, the stock's daily RSI (relative strength index) stood at 82.048. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 322.04, 317.73 and 322.68, respectively. These levels will act as crucial support zones in near term. Gujarat State Petronet is primarily engaged in transmission of natural gas through pipeline on an open access basis from supply points to demand centers. Further, the company is also engaged in business of city gas distribution, trading of natural gas and generation of electricity through windmills. The company's consolidated net profit grew 11.9% to Rs 374.97 crore on 15.1% increase in net sales to Rs 4727.01 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Gujarat State Petronet consolidated net profit rises 11.92% in the June 2024 quarter

Net profit of Gujarat State Petronet rose 11.92% to Rs 374.97 crore in the quarter ended June 2024 as against Rs 335.04 crore during the previous quarter ended June 2023. Sales rose 15.06% to Rs 4727.01 crore in the quarter ended June 2024 as against Rs 4108.33 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales4727.014108.33 15 OPM %17.3917.39 - PBDT882.96747.01 18 PBT711.56585.63 22 NP374.97335.04 12 Powered by Capital Market - Live

4 months agoCapital Market - Live

Gujarat State Petronet - New Tariff Order Led To A Sharp Earnings Cut; Downgrade To Sell: Systematix

8 months agoBloomberg Quint

Buy Gujarat State Petronet; target of Rs 335: Emkay Global Financial

1 year agoMoneycontrol

Oil And Gas Sector Check - GAIL Our Top Bet; Indraprastha Gas Raised To ‘Buy’: Nirmal Bang

1 year agoBloomberg Quint

Gujarat State Petronet Appoints Arti Kanwar As Nominee Director Of The Company

1 year agoFree Press Journal