Gujarat Gas Ltd. (IN:GUJGASLTD)
:GUJGASLTD
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Gujarat Gas Ltd.
(GUJGASLTD)
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Rating:69Neutral
Price Target:
₹354.00
▼(-18.99% Downside)
Action:DowngradedDate:10/07/25
Gujarat Gas Ltd. demonstrates strong financial performance with effective revenue and profit growth, and solid balance sheet stability. However, technical indicators suggest a neutral market sentiment, and the valuation indicates moderate pricing. The absence of earnings call insights and corporate events limits additional context.
Positive Factors
Balance Sheet Strength
Low financial leverage and a solid equity base give Gujarat Gas durable financial flexibility. This supports funding network capex, absorbing commodity or demand shocks, preserving investment capacity and credit access over the next 2-6 months and beyond.
Negative Factors
Recent Revenue Decline
A ~6.7% revenue decline signals either lower volumes or weaker pricing; for a city gas distributor, persistent revenue pressure undermines scale economics and fixed-cost absorption, limiting sustainable free cash flow and constraining network expansion prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
Low financial leverage and a solid equity base give Gujarat Gas durable financial flexibility. This supports funding network capex, absorbing commodity or demand shocks, preserving investment capacity and credit access over the next 2-6 months and beyond.
Read all positive factors
Gujarat Gas Ltd. (GUJGASLTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹222.83B
Dividend Yield1.47%
Average Volume (3M)12.46K
Price to Earnings (P/E)26.6
Beta (1Y)1.07
Revenue Growth-2.39%
EPS Growth-12.17%
CountryIN
Employees942
SectorEnergy
Sector Strength52
IndustryRegulated Gas
Share Statistics
EPS (TTM)3.90
Shares Outstanding688,390,140
10 Day Avg. Volume9,655
30 Day Avg. Volume12,460
Financial Highlights & Ratios
PEG Ratio58.30
Price to Book (P/B)3.32
Price to Sales (P/S)1.71
P/FCF Ratio26.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹270.00Price Target Upside-38.22% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)18.9
Revenue Forecast (FY)₹167.64B
Gujarat Gas Ltd. Business Overview & Revenue Model
Company Description
Gujarat Gas Limited engages in the distribution of natural gas in India. It operates a network of approximately 33,500 kilometers of gas pipeline and 721 compressed natural gas stations. As of March 31, 2022, the company supplied piped natural gas...
How the Company Makes Money
Gujarat Gas makes money primarily by purchasing natural gas from upstream suppliers and selling it to end customers through its CGD network. Key revenue streams include: (1) Sales of natural gas as PNG to industrial customers (typically the larges...
Gujarat Gas Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
75
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 159.06B | 164.87B | 156.90B | 167.59B | 164.56B | 98.66B |
| Gross Profit | 32.35B | 32.65B | 31.34B | 34.86B | 30.19B | 26.60B |
| EBITDA | 18.82B | 18.80B | 18.55B | 23.88B | 20.80B | 20.87B |
| Net Income | 11.16B | 11.48B | 11.44B | 15.28B | 12.87B | 12.70B |
Balance Sheet | ||||||
| Total Assets | 133.70B | 126.51B | 116.92B | 109.27B | 95.87B | 84.80B |
| Cash, Cash Equivalents and Short-Term Investments | 24.47B | 3.59B | 9.26B | 6.91B | 220.00M | 2.80B |
| Total Debt | 1.51B | 1.50B | 1.50B | 1.52B | 6.29B | 9.83B |
| Total Liabilities | 46.72B | 41.61B | 39.69B | 38.99B | 39.57B | 39.68B |
| Stockholders Equity | 86.98B | 84.90B | 77.22B | 70.28B | 56.30B | 44.78B |
Cash Flow | ||||||
| Free Cash Flow | 7.30B | 10.54B | 7.97B | 12.89B | 2.95B | 9.04B |
| Operating Cash Flow | 10.21B | 18.06B | 16.34B | 23.75B | 16.62B | 16.55B |
| Investing Cash Flow | -9.53B | -19.21B | -8.79B | -10.39B | -12.94B | -6.10B |
| Financing Cash Flow | -499.70M | -4.74B | -5.14B | -6.78B | -6.28B | -13.18B |
Gujarat Gas Ltd. Technical Analysis
Negative
437.00
Price Trends
382.49
Negative
393.64
Negative
414.54
Negative
Market Momentum
-20.16
Negative
37.06
Neutral
27.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GUJGASLTD, the sentiment is Negative. The current price of 437 is above the 20-day moving average (MA) of 339.10, above the 50-day MA of 382.49, and above the 200-day MA of 414.54, indicating a bearish trend. The MACD of -20.16 indicates Negative momentum. The RSI at 37.06 is Neutral, neither overbought nor oversold. The STOCH value of 27.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GUJGASLTD.
Gujarat Gas Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹1.01T | 16.11 | ― | 4.39% | 5.91% | -5.42% | |
75 Outperform | ₹217.21B | 17.31 | ― | 0.77% | 8.88% | -13.51% | |
71 Outperform | ₹135.78B | 16.83 | ― | 1.69% | 0.44% | -33.05% | |
69 Neutral | ₹106.07B | 13.95 | ― | 2.62% | 19.78% | -14.38% | |
69 Neutral | ₹222.83B | 26.58 | ― | 1.47% | -2.39% | -12.17% | |
68 Neutral | ₹638.66B | 98.39 | ― | 0.04% | 16.61% | -10.87% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
* Energy Sector Average
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Gujarat Gas Ltd. Corporate Events
Gujarat Gas Receives Independent ESG Rating of 71.7 from SES ESG Research
Mar 4, 2026
Gujarat Gas Limited disclosed that SES ESG Research Pvt. Ltd. has assigned it an ESG rating of 71.7, reflecting the company’s performance on environmental, social, and governance parameters. The rating, based on publicly available informatio...
Gujarat Gas Posts Q3 FY26 Earnings Call Audio on Website for Investors
Jan 21, 2026
Gujarat Gas Limited has notified the stock exchanges that the audio recording of its post-results earnings conference call for the third quarter of FY 2025-26, held with analysts on 21 January 2026, has been made available on the company’s w...
Gujarat Gas Schedules Post-Results Earnings Call for December Quarter
Jan 13, 2026
Gujarat Gas Limited has scheduled a post-results earnings conference call with analysts on 21 January 2026 to discuss its financial performance for the quarter ended 31 December 2025. The call, which will include a presentation on earnings followe...
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.