Gujarat Energy Ltd

Gujarat Energy Limited, formerly known as Gujarat Gas Limited, will hold its 14th Annual General Meeting on Tuesday, September 29, 2026, at 3:00 P.M. through video conferencing or other audio-visual means, according to a filing with the BSE Limited and National Stock Exchange of India Ltd. The record date for dividend payment is Friday, September 11, 2026, with the dividend payout date, if declared, set for or before Wednesday, October 28, 2026. Remote e-voting will be available from 9:00 A.M. (IST) on Friday, September 25, 2026, to 5:00 P.M. (IST) on Monday, September 28, 2026.

Gujarat Energy Limited, formerly known as Gujarat Gas Limited, will hold its 14th Annual General Meeting on Tuesday, September 29, 2026, at 3:00 P.M. through video conferencing and other audio-visual means, according to a filing with the BSE Limited and National Stock Exchange of India Ltd. The record date for dividend payment is Friday, September 11, 2026, with the payout date expected on or before Wednesday, October 28, 2026, and remote e-voting will be available from 9:00 A.M. on Friday, September 25, 2026, to 5:00 P.M. on Monday, September 28, 2026.

Gujarat Energy Limited, formerly known as Gujarat Gas Limited, will hold its 14th Annual General Meeting on Tuesday, September 29, 2026, at 3:00 P.M. through video conferencing and other audio-visual means, according to a filing with the BSE Limited and National Stock Exchange of India Ltd. The record date for dividend payment is Friday, September 11, 2026, with the dividend payout date, if declared, set for or before Wednesday, October 28, 2026. Remote e-voting will be available from 9:00 A.M. (IST) on Friday, September 25, 2026, to 5:00 P.M. (IST) on Monday, September 28, 2026.

Gujarat Energy Ltd announced reaffirmations, initial assignments, and withdrawals across various instruments, as detailed by multiple rating agencies. CARE Ratings Ltd. reaffirmed the ratings for Long-term / Short-term bank facilities at Rs 12,836.00 with CARE AAA; Stable / CARE A1+ (enhanced from Rs 2,900.00), while also assigning a Long-Term Debt rating of AAA with a Stable Outlook for Rs 1000 crore; CARE Ratings Limited (CareEdge Ratings) expects the Total debt to earnings before interest, taxation, depreciation, and amortisation (TD/EBITDA) to remain at ~Rs 1.0x, maintaining a Stable outlook reflecting expectations of a strong market position and robust financial performance, and CRISIL affirmed the Commercial Paper rating at Rs 500 crore with an A1+; details regarding a credit rating published by an unspecified agency are not provided in the text, and CARE Ratings Limited noted performance moderation in FY26 due to lower industrial gas demand and supply disruptions.

Gujarat Energy Ltd share price gained 3.25% to Rs 274.4 after the company's net profit surged by 563.64% to Rs 1007.4 crore, while revenue from operations gained significantly 64.80% to Rs 9544.98 crore in Q2FY26 over Q1FY26. The market capitalization of LPG/CNG/PNG/LNG Supplier industry group stocks on BSE stood at Rs 1.68 lakh crore, improving 14.86%. It has eased by 0.67% over last one week and moved up slightly by 5.42% in last one month while the market capitalization of Gujarat Energy Ltd has softened by 1.60% and 3.74% in the same period respectively. Profit before tax (PBT) of Gujarat Energy Ltd stood at Rs 1337.11 crore in Q2 FY26, surging by 83.60% year-on-year, and expanding by 257.98% quarter-on-quarter. EBITDA came in at Rs 1188 crore, rallying 67.59% YoY and jumping 163.91% sequentially. Total expenses witnessed a sharp rise of 54.72% to Rs 8364.98 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 7273.63 crore, soaring by 34.70% YoY, while employee benefits expense was at Rs 74.64 crore, tumbling by 26.58% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 5.08% to Rs 16486.95 crore, while net profit inched up 0.40% to Rs 1148.32 crore, compared to previous TTM. EBITDA soared by 180561% to Rs 1671.47 crore, and PBT saw a minor gain of 0.80% to Rs 1549.41 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 3369.73 crore in FY26, as against Rs 1634.04 crore in FY25. Gujarat Energy Ltd plunged by 38.14% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.

Gujarat Energy Ltd announced reaffirmations and an assignment of ratings across various bank facilities and instruments by multiple agencies. CARE Ratings Limited has reaffirmed the rating for Long Term Bank Loan facilities at CARE A+ with a Stable outlook, reaffirmed Long Term / Short Term Bank Facilities at CARE AAA; Stable / CARE A1+ (enhanced from 2,900.00 to 12,836.00), and assigned a rating to Standby line of Credit/ Bank Guarantee; Derivative / Credit Exposure Limit at 4,005.00, Standby line of credit / Bank Guarantee / Letter of Credit / WCDL at 2,050.00, Letter of Guarantee / Line of Credit / Overdraft / Working Capital Demand Loan at 1,550.00, Letter of Credit / Bank Guarantee / Standby letter of Credit at 1,500.00, Bank guarantee / Letter of Credit / Standby letter of Credit / Overdraft at 1,000.00, Bank Guarantee / Standby Letter of Credit / Overdraft / Working Capital Demand Loan at 750.00, Letter of Credit / Bank Guarantee/ Standby letter of Credit at 600.00, Bank Guarantee / Letter of Credit / Short Term Loan / Overdraft at 581.00, Bank Guarantee/Standby Letter of Credit at 500.00, Bank Guarantee / Working Capital Demand Loan / Overdraft at 300.00, all from State Bank of India, HDFC Bank Ltd., Punjab National Bank, Bank of Baroda, Axis Bank Ltd., RBL Bank Limited, IDBI Bank Ltd., ICICI Bank Ltd., DBS Bank Limited, and Federal Bank respectively; CARE Ratings also reaffirmed Long-term / Short Term Bank Facilities at CARE AAA; Stable/CARE A1+, while CARE Ratings Ltd. has noted some Bank Facilities as ISSUER NOT COOPERATING and indicated a possible annual surveillance/review; finally, CareEdge Ratings provided a general statement noting that ratings reflect opinions as on the date of the rating, without specifying instruments or amounts.

Gujarat Energy will hold a meeting of the Board of Directors of the Company on 11 August 2026.

Gujarat Gas announced that Crisil Ratings has reaffirmed its 'Crisil AAA/Stable' rating on the long-term bank facilities of the company.

Gujarat Gas announced that the Board of Directors of the Company at its meeting held on 30 May 2026, inter alia, have recommended the final dividend of Rs 8.9 per equity Share (i.e. 445%) , subject to the approval of the shareholders.

Net profit of Gujarat Gas declined 47.27% to Rs 151.80 crore in the quarter ended March 2026 as against Rs 287.88 crore during the previous quarter ended March 2025. Sales rose 41.20% to Rs 5791.85 crore in the quarter ended March 2026 as against Rs 4102.01 crore during the previous quarter ended March 2025. For the full year,net profit rose 46.09% to Rs 1677.58 crore in the year ended March 2026 as against Rs 1148.32 crore during the previous year ended March 2025. Sales rose 43.23% to Rs 23614.44 crore in the year ended March 2026 as against Rs 16486.95 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales5791.854102.01 41 23614.4416486.95 43 OPM %10.5110.96 -12.9211.40 - PBDT743.69517.12 44 3489.702060.05 69 PBT520.09388.54 34 2590.751549.41 67 NP151.80287.88 -47 1677.581148.32 46 Powered by Capital Market - Live