Gujarat Gas Ltd. (GUJGASLTD) AI Stock Analysis

• Market Cap: ₹302.86B
• Dividend Yield: 1.29%
• Average Volume (3M): 13.72K
• Price to Earnings (P/E): 26.3
• Beta (1Y): 1.04
• Revenue Growth: -2.76%
• EPS Growth: -9.00%
• Country: IN
• Employees: 942
• Sector: Energy
• Sector Strength: 68
• Industry: Regulated Gas
• EPS (TTM): 4.70
• Shares Outstanding: 688,390,140
• 10 Day Avg. Volume: 10,394
• 30 Day Avg. Volume: 13,719
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹415.25
• Price Target Upside: -4.99% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 4

• Rating: 67 Neutral
• Price Target: ₹501.00 ▲(14.63% Upside)

Gujarat Gas Ltd. maintains a solid financial foundation with strong revenue and profit growth, alongside a stable balance sheet. However, technical indicators suggest bearish momentum, and the stock is moderately valued with a modest dividend yield. The lack of significant recent earnings call insights or corporate events leaves the current analysis reliant on historical financial performance and technical trends.

Gujarat Gas Ltd. Business Overview & Revenue Model

Company Description

Gujarat Gas Ltd. (GUJGASLTD) is one of India's leading natural gas distribution companies, primarily operating in the state of Gujarat. The company is engaged in the distribution of natural gas to residential, commercial, industrial, and vehicular segments. It provides an environmentally friendly energy source as an alternative to conventional fossil fuels, which helps in reducing emissions and promoting sustainable energy consumption. Gujarat Gas Ltd. is a significant player in the gas distribution sector, continuously expanding its infrastructure to cater to a growing customer base.

How the Company Makes Money

Gujarat Gas Ltd. generates revenue through the distribution and sale of natural gas across various segments. The key revenue streams for the company include the sale of compressed natural gas (CNG) for automobiles and piped natural gas (PNG) for residential, commercial, and industrial use. The company earns money by charging customers for the gas consumed, which is measured in standard cubic meters. Additionally, Gujarat Gas Ltd. benefits from strategic partnerships and long-term contracts with gas suppliers and infrastructure developers, which help in securing gas supply and expanding its distribution network. The company also engages in continuous infrastructure development to increase its reach and customer base, thereby driving revenue growth.

Gujarat Gas Ltd. Financial Statement Overview

Summary

Gujarat Gas Ltd. exhibits strong financial health across income, balance sheet, and cash flow metrics. The company showcases effective revenue and profit growth, solid balance sheet stability with low leverage, and healthy cash flow generation. However, attention should be paid to net profit margin fluctuations and managing capital expenditures to ensure sustained free cash flow growth.

Income Statement

Gujarat Gas Ltd. has demonstrated strong revenue growth over the past years, with a slight dip in 2025. The gross profit margin is healthy, indicating effective cost management. However, the net profit margin has shown some fluctuations. The EBIT and EBITDA margins are robust, reflecting operational efficiency.

Balance Sheet

The company maintains a strong equity base with a favorable debt-to-equity ratio, indicating low financial leverage. The equity ratio is also solid, showcasing financial stability. Return on Equity (ROE) is consistently positive, reflecting effective utilization of shareholder funds.

Cash Flow

Operating cash flows are strong and consistently exceed net income, indicating good cash generation capabilities. The free cash flow has improved significantly over the years, although the free cash flow growth rate is variable, suggesting potential volatility in capital expenditure management.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2021
Income Statement
Total Revenue	164.87B	164.87B	156.90B	167.59B	98.53B	164.54B
Gross Profit	29.19B	32.71B	25.06B	34.86B	25.22B	25.77B
EBITDA	20.16B	18.80B	20.44B	25.02B	21.64B	21.66B
Net Income	11.48B	11.48B	11.44B	15.28B	12.70B	12.87B
Balance Sheet
Total Assets	126.51B	126.51B	116.92B	109.27B	84.80B	95.87B
Cash, Cash Equivalents and Short-Term Investments	3.59B	3.59B	9.26B	6.91B	2.80B	220.00M
Total Debt	1.50B	1.50B	1.50B	1.52B	9.77B	6.29B
Total Liabilities	41.61B	41.61B	39.69B	38.99B	39.68B	39.57B
Stockholders Equity	84.90B	84.90B	77.22B	70.28B	45.12B	56.30B
Cash Flow
Free Cash Flow	0.00	10.54B	7.97B	12.89B	9.04B	2.95B
Operating Cash Flow	0.00	18.06B	16.34B	23.75B	16.55B	16.62B
Investing Cash Flow	0.00	-19.21B	-9.37B	-10.39B	-6.10B	-12.94B
Financing Cash Flow	0.00	-4.74B	-5.14B	-6.78B	-13.18B	-6.28B

Gujarat Gas Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 437.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GUJGASLTD, the sentiment is Neutral. The current price of 437.05 is above the 20-day moving average (MA) of 428.16, below the 50-day MA of 451.86, and below the 200-day MA of 455.50, indicating a neutral trend. The MACD of -5.40 indicates Negative momentum. The RSI at 50.30 is Neutral, neither overbought nor oversold. The STOCH value of 52.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GUJGASLTD.

Gujarat Gas Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IGL	78 Outperform	₹295.33B	18.23		2.42%	8.41%	-14.34%
GAIL	76 Outperform	₹1.16T	10.13		4.22%	5.40%	3.06%
MGL	70 Outperform	₹124.94B	11.79		2.35%	19.68%	-10.62%
ATGL	69 Neutral	₹653.34B	101.17		0.04%	14.65%	-5.99%
GSPL	67 Neutral	₹166.36B	15.13		1.69%	0.44%	-33.05%
GUJGASLTD	67 Neutral	₹302.86B	26.27		1.29%	-2.76%	-9.00%
Sector *	66 Neutral	$15.43B	7.32	3.20%	5.24%	4.22%	-60.66%