Gujarat State Petronet Ltd
GSPLGujarat State Petronet Ltd
GSPL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 14.34 | 1.69 | 1.16% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 25.88 | 3.93 | 1.10% |
Forecast & Ratings
Detailed Forecast from 23 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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
Peers
Compare with peersÂGail (India) Ltd
Adani Total Gas Ltd
Gujarat Gas Ltd
Indraprastha Gas Ltd
Mahanagar Gas Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,085.43 | 6,019.24 | 7,382.83 | 9,498.10 | 12,351.27 | 11,664.97 | 18,150.46 | 18,252.37 | 17,542.48 | 18,208.08 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | -10.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14,434.91 | ||||||||||
| Power & Fuel Cost | 7.51 | 67.12 | 79.64 | 86.24 | 97.90 | 84.57 | 128.05 | 172.29 | 199.25 | |||||||||||
| Employee Cost | 36.12 | 167.05 | 182.21 | 224.53 | 237.27 | 236.66 | 256.21 | 267.80 | 279.14 | |||||||||||
| Selling & Administrative Expenses | 29.91 | 161.30 | 190.34 | 249.59 | 271.48 | 248.90 | 229.03 | 253.42 | 264.95 | |||||||||||
| Operating & Other expenses | 52.36 | 3,864.06 | 4,764.94 | 6,273.37 | 8,420.04 | 7,390.88 | 13,889.35 | 13,743.43 | 13,144.09 | |||||||||||
EBITDA | 959.53 | 1,759.71 | 2,165.70 | 2,675.34 | 3,324.58 | 3,703.96 | 3,647.82 | 3,815.43 | 3,655.05 | 3,773.17 | ||||||||||
| Depreciation/Amortization | 182.91 | 436.47 | 446.86 | 467.99 | 518.01 | 541.78 | 579.46 | 620.52 | 663.82 | 673.85 | ||||||||||
| PBIT | 776.62 | 1,323.24 | 1,718.84 | 2,207.35 | 2,806.57 | 3,162.18 | 3,068.36 | 3,194.91 | 2,991.23 | 3,099.32 | ||||||||||
| Interest & Other Items | 79.92 | 277.58 | 241.61 | 426.93 | 369.02 | 226.58 | 111.78 | 70.11 | 56.49 | 38.67 | ||||||||||
| PBT | 696.70 | 1,045.66 | 1,477.23 | 1,780.42 | 2,437.55 | 2,935.60 | 2,956.58 | 3,124.80 | 2,934.74 | 3,060.65 | ||||||||||
| Taxes & Other Items | 231.46 | 491.26 | 735.91 | 781.83 | 708.37 | 1,328.83 | 1,318.30 | 1,483.31 | 1,275.21 | 1,361.20 | ||||||||||
| Net Income | 465.24 | 554.40 | 741.32 | 998.59 | 1,729.18 | 1,606.77 | 1,638.28 | 1,641.49 | 1,659.53 | 1,699.45 | ||||||||||
| EPS | 8.26 | 9.84 | 13.15 | 17.71 | 30.66 | 28.48 | 29.04 | 29.09 | 29.41 | 30.12 | ||||||||||
| DPS | 1.50 | 1.50 | 1.75 | 2.00 | 2.00 | 2.00 | 2.00 | 5.00 | 5.00 | 5.00 | ||||||||||
| Payout ratio | 0.18 | 0.15 | 0.13 | 0.11 | 0.07 | 0.07 | 0.07 | 0.17 | 0.17 | 0.17 |
Company Updates
Peers & Comparison
UtilitiesGas Distribution
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Gujarat State Petronet Ltd | 14.68 | 1.69 | 1.16% |
| Gail (India) Ltd | 15.95 | 2.05 | 2.29% |
| Adani Total Gas Ltd | 129.58 | 24.16 | 0.03% |
| Gujarat Gas Ltd | 37.10 | 5.49 | — |
Price Comparison
Compare GSPL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.34%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Gujarat State Petronet Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8422% | Percentage of the fund’s portfolio invested in the stock 1.12% | Change in the portfolio weight of the stock over the last 3 months 0.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/98 (+6) |
ICICI Prudential Value Discovery Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7601% | Percentage of the fund’s portfolio invested in the stock 0.86% | Change in the portfolio weight of the stock over the last 3 months 0.22% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 53/93 (+5) |
SBI Energy Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4693% | Percentage of the fund’s portfolio invested in the stock 3.18% | Change in the portfolio weight of the stock over the last 3 months 0.84% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/31 (+4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
GSPL has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 1.16%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.58 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 6, 2024
Dividend/Share
₹5.00
Ex DateEx Date
Sep 6, 2024
Cash Dividend
Ex DateEx DateSep 1, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Sep 1, 2023
Cash Dividend
Ex DateEx DateSep 1, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 1, 2022
Cash Dividend
Ex DateEx DateSep 8, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Sep 8, 2021
Cash Dividend
Ex DateEx DateSep 9, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Sep 9, 2020
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
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
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
Gujarat State Petronet - New Tariff Order Led To A Sharp Earnings Cut; Downgrade To Sell: Systematix
Buy Gujarat State Petronet; target of Rs 335: Emkay Global Financial
Oil And Gas Sector Check - GAIL Our Top Bet; Indraprastha Gas Raised To ‘Buy’: Nirmal Bang
Gujarat State Petronet Appoints Arti Kanwar As Nominee Director Of The Company
Buy Gujarat State Petronet; target of Rs 340: Emkay Global Financial
Buy Gujarat State Petronet; target of Rs 342: Sharekhan
Buy Gujarat State Petronet; target of Rs 327: Prabhudas Lilladher
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.06%, vs industry avg of 12.64%
Decreasing Market Share
Over the last 5 years, market share decreased from 9.01% to 8.88%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 10.69%, vs industry avg of 11.3%