GAIL (India) Ltd

GAIL (India) Ltd

₹ 168 -0.60%
09 Jun - 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
GAIL is the largest state-owned natural gas processing and distribution company in India. It has a diversified business portfolio and has interests and has interests in sourcing and trading natural gas, production of LPG, Liquid hydrocarbons,, and petrochemicals, transmission of natural gas and LPG through pipelines, etc. GAIL also has interests in India and overseas in Oil and Gas Blocks, Renewable Energy, CGD, CBG, and Green Hydrogeetc. GAIL also has interests in India and overseas in Oil and Gas Blocks, Renewable Energy, CGD, CBG, and Green Hydrogen. [1]

  • Market Cap 1,10,192 Cr.
  • Current Price 168
  • High / Low 203 / 134
  • Stock P/E 15.8
  • Book Value 113
  • Dividend Yield 4.48 %
  • ROCE 10.7 %
  • ROE 9.64 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 45.5%

Cons

  • Company has a low return on equity of 12.7% over last 3 years.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
32,843 32,212 31,807 34,236 32,318 33,674 32,912 34,937 35,685 34,769 35,008 34,051 34,773
32,536 29,779 28,315 30,414 28,760 29,146 29,167 32,099 32,469 31,435 31,817 31,396 33,620
Operating Profit 307 2,433 3,491 3,823 3,558 4,528 3,745 2,838 3,216 3,334 3,191 2,655 1,152
OPM % 1% 8% 11% 11% 11% 13% 11% 8% 9% 10% 9% 8% 3%
1,017 268 561 812 638 372 713 3,190 566 292 793 679 1,023
Interest 90 176 172 156 193 209 190 167 178 209 230 250 253
Depreciation 643 636 750 784 1,161 1,049 815 832 903 883 930 1,054 346
Profit before tax 591 1,889 3,130 3,694 2,842 3,642 3,453 5,029 2,701 2,533 2,823 2,030 1,577
Tax % -2% 25% 23% 23% 23% 25% 23% 23% 24% 26% 21% 21% 20%
604 1,412 2,405 2,843 2,177 2,724 2,672 3,867 2,049 1,886 2,217 1,603 1,262
EPS in Rs 0.92 2.15 3.66 4.32 3.31 4.14 4.06 5.88 3.12 2.87 3.37 2.44 1.92
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
56,595 51,721 48,149 53,662 75,126 71,880 56,730 91,626 144,250 130,573 137,208 138,601
51,899 47,420 41,735 46,005 65,563 63,412 50,266 77,788 137,552 117,184 122,827 128,269
Operating Profit 4,696 4,301 6,414 7,656 9,564 8,468 6,464 13,839 6,698 13,389 14,381 10,332
OPM % 8% 8% 13% 14% 13% 12% 11% 15% 5% 10% 10% 7%
924 870 873 992 1,210 1,420 1,985 2,037 2,686 2,193 4,788 2,787
Interest 361 800 479 275 139 108 156 174 312 697 744 942
Depreciation 974 1,310 1,397 1,415 1,550 1,836 1,908 2,111 2,488 3,331 3,600 3,213
Profit before tax 4,284 3,062 5,411 6,958 9,085 7,943 6,386 13,590 6,584 11,555 14,825 8,964
Tax % 29% 27% 35% 34% 34% 17% 23% 24% 19% 24% 24% 22%
3,039 2,226 3,503 4,618 6,026 6,621 4,890 10,364 5,302 8,836 11,312 6,968
EPS in Rs 4.49 3.29 5.18 6.83 8.91 9.79 7.34 15.56 8.06 13.44 17.20 10.60
Dividend Payout % 25% 31% 54% 44% 27% 44% 45% 43% 62% 41% 44% 52%
Compounded Sales Growth
10 Years: 10%
5 Years: 20%
3 Years: -1%
TTM: 1%
Compounded Profit Growth
10 Years: 12%
5 Years: 7%
3 Years: 10%
TTM: -27%
Stock Price CAGR
10 Years: 9%
5 Years: 9%
3 Years: 17%
1 Year: -14%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 13%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 1,268 1,268 1,691 2,255 2,255 4,510 4,440 4,440 6,575 6,575 6,575 6,575
Reserves 27,851 33,826 36,458 38,073 41,838 39,461 42,171 51,146 49,079 57,604 63,989 67,499
9,556 8,060 5,063 2,081 1,001 5,762 6,598 7,656 15,730 19,210 18,443 21,846
14,242 12,643 12,145 15,692 19,304 18,820 19,747 23,123 24,773 26,156 26,922 26,646
Total Liabilities 52,917 55,797 55,357 58,101 64,398 68,553 72,956 86,365 96,156 109,546 115,929 122,567
27,760 28,467 28,506 28,790 31,086 33,645 36,498 39,781 44,307 48,960 52,166 60,267
CWIP 4,360 3,420 3,803 5,514 9,202 10,582 11,903 13,071 13,662 15,859 18,843 15,895
Investments 4,322 8,585 9,377 9,953 9,624 7,498 9,724 12,121 12,789 17,514 17,484 20,304
16,475 15,326 13,671 13,844 14,485 16,828 14,831 21,392 25,398 27,214 27,436 26,100
Total Assets 52,917 55,797 55,357 58,101 64,398 68,553 72,956 86,365 96,156 109,546 115,929 122,567

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,444 4,071 5,761 8,663 7,876 6,888 8,373 8,754 2,808 11,848 15,568 9,879
-964 -671 -380 -2,568 -5,437 -6,829 -4,170 -4,413 -6,553 -8,002 -6,056 -7,746
-2,989 -3,318 -5,238 -5,470 -3,365 338 -3,539 -4,186 2,552 -3,431 -9,212 -2,290
Net Cash Flow -1,509 82 143 624 -925 398 664 155 -1,194 415 301 -157
Free Cash Flow 805 2,866 3,942 5,720 674 1,454 3,396 2,836 -4,534 4,811 8,671 2,703
CFO/OP 70% 111% 108% 130% 104% 104% 149% 86% 65% 109% 125% 112%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 20 19 21 21 20 23 22 29 26 27 24 22
Inventory Days 17 14 17 17 15 19 22 16 15 18 19 15
Days Payable 27 25 27 35 25 26 36 28 21 23 26 20
Cash Conversion Cycle 10 8 11 3 10 16 8 17 21 22 18 17
Working Capital Days -3 -11 -4 -18 -1 -7 -19 -4 -5 -7 -6 -12
ROCE % 12% 9% 14% 17% 22% 17% 13% 24% 10% 16% 15% 11%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Liquid Hydrocarbons Sales
TMT

Log in to view insights

Please log in to see hidden values.

Login
LPG Transmission
TMT
Petrochemicals Sales
TMT
Natural Gas Marketing
MMSCMD
Natural Gas Transmission
MMSCMD

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.91% 51.91% 51.90% 51.90% 51.92% 51.92% 51.90% 51.88% 51.88% 51.88% 51.88% 51.88%
16.09% 14.76% 14.24% 14.17% 15.20% 16.79% 16.05% 14.79% 14.91% 13.72% 14.07% 13.04%
18.06% 19.14% 19.37% 19.56% 18.13% 16.92% 17.59% 19.02% 18.93% 19.88% 19.76% 20.50%
7.93% 7.91% 7.92% 7.63% 7.63% 7.62% 7.61% 7.61% 7.61% 7.61% 7.61% 7.61%
6.01% 6.30% 6.58% 6.75% 7.14% 6.76% 6.84% 6.68% 6.66% 6.92% 6.69% 6.98%
No. of Shareholders 9,07,3399,45,49810,11,14512,27,20915,17,62215,50,41616,02,02816,71,48216,38,22716,32,18715,88,21016,17,716

* 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

Concalls