Gujarat State Petronet Limited (IN:GSPL)
:GSPL
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Gujarat State Petronet Limited
(GSPL)
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Rating:71Outperform
Price Target:
₹306.00
▼(-4.27% Downside)
Action:ReiteratedDate:10/31/25
Gujarat State Petronet Limited's overall score is driven by its stable financial performance and fair valuation. While technical analysis shows mixed signals, the company's strong financial management and reasonable valuation support a moderate investment outlook.
Positive Factors
Regulated, tariff-based business model
GSPL's regulated, tariff-based transmission model produces contract-anchored revenue tied to booked capacity and throughput. This creates predictable cashflows and low customer churn as pipelines are essential infrastructure, supporting steady revenue visibility and planning across multi-quarter horizons.
Negative Factors
High capital expenditure requirements
Pipeline expansions and upkeep are capital intensive and lumpy; sizeable capex can strain liquidity and free cash flow over multiple quarters despite current cash strength. If project timing or costs deviate, funding needs may increase, pressuring cash reserves or requiring additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated, tariff-based business model
GSPL's regulated, tariff-based transmission model produces contract-anchored revenue tied to booked capacity and throughput. This creates predictable cashflows and low customer churn as pipelines are essential infrastructure, supporting steady revenue visibility and planning across multi-quarter horizons.
Read all positive factors
Gujarat State Petronet Limited (GSPL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹158.66B
Dividend Yield1.69%
Average Volume (3M)37.45K
Price to Earnings (P/E)16.8
Beta (1Y)0.91
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees254
SectorEnergy
Sector Strength52
IndustryRegulated Gas
Share Statistics
EPS (TTM)2.00
Shares Outstanding564,211,360
10 Day Avg. Volume30,634
30 Day Avg. Volume37,445
Financial Highlights & Ratios
PEG Ratio-0.45
Price to Book (P/B)1.42
Price to Sales (P/S)0.96
P/FCF Ratio9.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)14.27
Revenue Forecast (FY)₹11.94B
Gujarat State Petronet Limited Business Overview & Revenue Model
Company Description
Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India. The company develops energy transportation infrastructure and connects natural gas supply sources, includi...
How the Company Makes Money
GSPL primarily makes money by providing natural gas transportation services through its pipeline network. Its key revenue stream is tariff-based income earned for transporting gas (often referred to as transmission or transportation charges), whic...
Gujarat State Petronet Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 167.66B | 173.70B | 172.95B | 181.17B | 179.91B | 115.35B |
| Gross Profit | 41.34B | 42.76B | 48.75B | 49.97B | 46.76B | 45.75B |
| EBITDA | 25.47B | 26.49B | 33.53B | 36.27B | 34.79B | 35.63B |
| Net Income | 10.30B | 11.11B | 16.60B | 16.41B | 16.38B | 16.07B |
Balance Sheet | ||||||
| Total Assets | 219.23B | 208.07B | 190.56B | 173.16B | 152.94B | 141.69B |
| Cash, Cash Equivalents and Short-Term Investments | 25.55B | 39.09B | 23.52B | 14.41B | 1.20B | 3.74B |
| Total Debt | 1.40B | 1.38B | 1.40B | 1.49B | 7.13B | 20.03B |
| Total Liabilities | 59.77B | 52.52B | 46.73B | 46.28B | 47.77B | 57.10B |
| Stockholders Equity | 119.41B | 116.46B | 108.25B | 94.49B | 79.19B | 63.91B |
Cash Flow | ||||||
| Free Cash Flow | 12.11B | 17.65B | 15.50B | 20.62B | 14.56B | 20.41B |
| Operating Cash Flow | 16.57B | 27.41B | 28.03B | 33.40B | 27.46B | 28.97B |
| Investing Cash Flow | -13.14B | -27.54B | -21.42B | -18.15B | -13.57B | -10.80B |
| Financing Cash Flow | -3.31B | -5.44B | -5.47B | -8.05B | -16.59B | -20.96B |
Gujarat State Petronet Limited Technical Analysis
Positive
319.65
Price Trends
276.19
Negative
287.13
Negative
299.04
Negative
Market Momentum
-6.59
Negative
61.36
Neutral
78.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GSPL, the sentiment is Positive. The current price of 319.65 is above the 20-day moving average (MA) of 243.84, above the 50-day MA of 276.19, and above the 200-day MA of 299.04, indicating a neutral trend. The MACD of -6.59 indicates Negative momentum. The RSI at 61.36 is Neutral, neither overbought nor oversold. The STOCH value of 78.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GSPL.
Gujarat State Petronet Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹1.09T | 16.11 | ― | 4.39% | 3.07% | -30.88% | |
75 Outperform | ₹230.86B | 17.31 | ― | 0.77% | 9.48% | -1.90% | |
71 Outperform | ₹158.66B | 16.83 | ― | 1.69% | ― | ― | |
69 Neutral | ₹112.85B | 13.95 | ― | 2.62% | 18.03% | -8.45% | |
69 Neutral | ₹263.89B | 26.58 | ― | 1.47% | -6.70% | -8.56% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
62 Neutral | ₹699.59B | 85.56 | ― | 0.04% | 17.89% | 0.19% |
* Energy Sector Average
IN:GSPL
Gujarat State Petronet Limited
284.20
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-11.10%
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Gujarat State Petronet Limited Corporate Events
MCA Clears Composite Restructuring Scheme for Gujarat State Petronet Group
Apr 17, 2026
Gujarat State Petronet Limited announced it has received a final order from India’s Ministry of Corporate Affairs approving a composite scheme of arrangement involving Gujarat State Petroleum Corporation, Gujarat State Petronet, GSPC Energy,...
Gujarat State Petronet Closes Trading Window Ahead of Sensitive Period
Mar 7, 2026
Gujarat State Petronet Limited has announced the closure of its trading window for dealings in the company’s equity shares from 8 March 2026 to 14 March 2026, in line with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The rest...
Gujarat State Petronet contests BSE, NSE fines over board composition lapse
Mar 1, 2026
Gujarat State Petronet Limited disclosed that both BSE and NSE have levied fines of Rs. 45,000 plus GST each for non-compliance with SEBI’s Regulation 17(1) on board composition in the quarter ended December 2025. The exchanges cited a short...
Gujarat State Petronet Receives Independent ESG Rating of ‘65 Aspiring’ from NSE Unit
Feb 21, 2026
Gujarat State Petronet Limited has disclosed that NSE Sustainability Ratings Analytics Ltd has assigned it an ESG rating of “65 Aspiring,” reflecting the company’s performance across environmental, social, and governance paramet...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.