GAIL (India) Ltd

₹ 209 2.38%

18 May - close price

About

Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.

Key Points

Business Overview
The Company along with Subsidiary and its JV and Associate is the largest state-owned natural gas processing and distribution Company in India. It has a diversified business portfolio in the sourcing and trading of natural gas, manufacturing of LPG, Liquid hydrocarbons and Petrochemicals, transmission of natural gas and LPG through pipelines, City Gas, etc. It is also engaged in the business of Oil and Gas Exploration and Production. ^[1]

Website BSE NSE

Market Cap ₹ 1,37,255 Cr.
Current Price ₹ 209
High / Low ₹ 214 / 103
Stock P/E 15.5
Book Value ₹ 97.6
Dividend Yield 2.63 %
ROCE 15.8 %
ROE 14.8 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has been maintaining a healthy dividend payout of 48.6%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Gas Distribution Industry: Miscellaneous

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	15,546	17,384	21,511	25,770	26,962	37,562	38,479	35,365	32,843	32,212	31,807	34,236	32,318
	12,981	14,973	18,036	21,542	23,247	33,197	36,714	35,104	32,536	29,779	28,315	30,414	28,760
Operating Profit	2,565	2,411	3,475	4,228	3,715	4,366	1,765	261	307	2,433	3,491	3,823	3,558
OPM %	16%	14%	16%	16%	14%	12%	5%	1%	1%	8%	11%	11%	11%
	568	198	774	652	424	180	799	689	1,017	268	561	812	638
Interest	46	47	42	39	46	48	68	105	90	176	172	156	193
Depreciation	476	509	524	532	546	603	619	623	643	636	750	784	1,161
Profit before tax	2,612	2,054	3,682	4,308	3,546	3,894	1,876	223	591	1,889	3,130	3,694	2,842
Tax %	27%	26%	22%	24%	24%	25%	18%	-10%	-2%	25%	23%	23%	23%
	1,908	1,530	2,863	3,288	2,683	2,915	1,537	246	604	1,412	2,405	2,843	2,177
EPS in Rs	2.86	2.30	4.30	4.94	4.03	4.43	2.34	0.37	0.92	2.15	3.66	4.32	3.31
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	47,402	57,354	56,595	51,721	48,149	53,662	75,126	71,880	56,730	91,626	144,250	130,573
	40,979	50,664	51,899	47,420	41,735	46,005	65,563	63,412	50,266	77,788	137,552	117,198
Operating Profit	6,423	6,690	4,696	4,301	6,414	7,656	9,564	8,468	6,464	13,839	6,698	13,375
OPM %	14%	12%	8%	8%	13%	14%	13%	12%	11%	15%	5%	10%
	811	1,249	924	870	873	992	1,210	1,420	1,985	2,037	2,686	2,208
Interest	195	366	361	800	479	275	139	108	156	174	312	697
Depreciation	981	1,171	974	1,310	1,397	1,415	1,550	1,836	1,908	2,111	2,488	3,331
Profit before tax	6,058	6,402	4,284	3,062	5,411	6,958	9,085	7,943	6,386	13,590	6,584	11,555
Tax %	34%	32%	29%	27%	35%	34%	34%	17%	23%	24%	19%	24%
	4,022	4,375	3,039	2,226	3,503	4,618	6,026	6,621	4,890	10,364	5,302	8,836
EPS in Rs	5.95	6.47	4.49	3.29	5.18	6.83	8.91	9.79	7.34	15.56	8.06	13.44
Dividend Payout %	30%	30%	25%	31%	54%	44%	27%	44%	45%	43%	62%	41%

Compounded Sales Growth
10 Years:	9%
5 Years:	12%
3 Years:	32%
TTM:	-9%

Compounded Profit Growth
10 Years:	8%
5 Years:	7%
3 Years:	22%
TTM:	67%

Stock Price CAGR
10 Years:	10%
5 Years:	13%
3 Years:	29%
1 Year:	99%

Return on Equity
10 Years:	13%
5 Years:	14%
3 Years:	15%
Last Year:	15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	1,268	1,268	1,268	1,268	1,691	2,255	2,255	4,510	4,440	4,440	6,575	6,575
Reserves	22,959	25,804	27,851	33,826	36,458	38,073	41,838	39,461	42,171	51,146	49,079	57,604
	9,064	10,268	9,556	8,060	5,063	2,081	1,001	5,762	6,598	7,656	15,730	19,210
	11,414	12,494	14,242	12,643	12,145	15,692	19,304	18,820	19,747	23,123	24,773	26,139
Total Liabilities	44,705	49,834	52,917	55,797	55,357	58,101	64,398	68,553	72,956	86,365	96,156	109,528
	19,707	20,639	26,925	27,581	27,706	28,067	30,415	33,050	35,981	39,325	43,436	48,960
CWIP	8,978	9,728	4,360	3,420	3,803	5,514	9,202	10,582	11,903	13,071	13,662	15,859
Investments	3,719	4,289	4,322	8,585	9,377	9,953	9,624	7,498	9,724	12,121	12,789	17,514
	12,301	15,179	17,309	16,211	14,471	14,567	15,156	17,423	15,347	21,848	26,269	27,196
Total Assets	44,705	49,834	52,917	55,797	55,357	58,101	64,398	68,553	72,956	86,365	96,156	109,528

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	5,033	4,922	2,444	4,071	5,761	8,663	7,876	6,888	8,373	8,754	2,808	11,848
	-5,472	-3,232	-964	-671	-380	-2,568	-5,437	-6,829	-4,170	-4,413	-6,553	-8,002
	1,865	-1,397	-2,989	-3,318	-5,238	-5,470	-3,365	338	-3,539	-4,186	2,552	-3,431
Net Cash Flow	1,427	293	-1,509	82	143	624	-925	398	664	155	-1,194	415

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	20	18	20	19	21	21	20	23	22	29	26	27
Inventory Days	16	18	17	14	17	17	15	19	22	16	15	18
Days Payable	31	32	27	25	27	35	25	26	36	28	21	23
Cash Conversion Cycle	4	4	10	8	11	3	10	16	8	17	21	22
Working Capital Days	-16	-6	-2	-11	-4	-18	-1	3	-11	4	12	9
ROCE %	21%	18%	12%	9%	14%	17%	22%	17%	13%	24%	10%

Shareholding Pattern

Numbers in percentages

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	51.83%	51.85%	51.80%	51.80%	51.89%	51.90%	51.91%	51.91%	51.91%	51.91%	51.90%	51.90%
	16.96%	18.36%	19.69%	19.62%	19.92%	19.79%	18.04%	16.40%	16.09%	14.76%	14.24%	14.17%
	19.38%	17.72%	15.26%	15.90%	15.30%	13.93%	15.97%	17.93%	18.06%	19.14%	19.37%	19.56%
	7.95%	7.94%	7.93%	7.93%	8.04%	7.91%	7.91%	7.93%	7.93%	7.91%	7.92%	7.63%
	3.88%	4.14%	5.32%	4.75%	4.86%	6.47%	6.18%	5.83%	6.01%	6.30%	6.58%	6.75%
No. of Shareholders	5,53,395	5,81,181	7,12,451	7,26,712	7,75,601	9,64,122	9,52,717	9,25,222	9,07,339	9,45,498	10,11,145	12,27,209

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	54.97%	53.96%	52.64%	52.06%	51.82%	51.80%	51.91%	51.90%
	15.26%	17.41%	20.86%	16.30%	15.63%	19.62%	16.40%	14.17%
	17.10%	16.24%	14.65%	18.31%	19.32%	15.90%	17.93%	19.56%
	7.38%	7.43%	8.13%	8.31%	8.47%	7.93%	7.93%	7.63%
	5.29%	4.97%	3.72%	5.02%	4.76%	4.75%	5.83%	6.75%
No. of Shareholders	1,73,874	1,85,671	1,78,529	3,45,342	5,23,217	7,26,712	9,25,222	12,27,209

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Jan 2024
Transcript
PPT
Oct 2023
Transcript PPT
Jul 2023
Transcript
PPT
Feb 2023

Transcript

Notes
PPT
Feb 2022
Transcript
PPT
Oct 2021
Transcript
PPT
Aug 2021
Transcript
PPT
Jun 2021
Transcript
PPT
Feb 2021
Transcript
PPT
Nov 2020
Transcript
PPT
Aug 2020
Transcript
PPT
Jun 2020
Transcript
PPT
Feb 2020
Transcript
PPT
Nov 2019
Transcript
PPT
Aug 2019
Transcript
PPT