GAIL (India) Ltd
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.
- Market Cap ₹ 61,017 Cr.
- Current Price ₹ 92.8
- High / Low ₹ 116 / 83.0
- Stock P/E 7.26
- Book Value ₹ 100
- Dividend Yield 7.18 %
- ROCE 23.3 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.93 times its book value
- Stock is providing a good dividend yield of 7.18%.
- Company is expected to give good quarter
- Company has delivered good profit growth of 30.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 34.4%
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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
35,070 | 44,093 | 50,974 | 61,765 | 60,557 | 52,053 | 48,552 | 54,496 | 76,190 | 72,518 | 57,372 | 92,770 | 139,757 | |
28,523 | 37,054 | 43,547 | 53,777 | 54,926 | 47,517 | 42,531 | 46,695 | 66,252 | 63,495 | 50,127 | 77,608 | 128,561 | |
Operating Profit | 6,547 | 7,040 | 7,427 | 7,988 | 5,631 | 4,536 | 6,021 | 7,802 | 9,938 | 9,022 | 7,245 | 15,161 | 11,196 |
OPM % | 19% | 16% | 15% | 13% | 9% | 9% | 12% | 14% | 13% | 12% | 13% | 16% | 8% |
508 | 722 | 887 | 1,247 | 945 | 731 | 1,212 | 948 | 1,719 | 3,796 | 2,833 | 2,925 | 2,753 | |
Interest | 378 | 366 | 437 | 669 | 652 | 822 | 509 | 295 | 159 | 309 | 179 | 202 | 317 |
Depreciation | 878 | 1,041 | 1,319 | 1,644 | 1,433 | 1,496 | 1,541 | 1,527 | 1,667 | 2,080 | 2,174 | 2,420 | 2,689 |
Profit before tax | 5,799 | 6,355 | 6,558 | 6,922 | 4,492 | 2,949 | 5,183 | 6,928 | 9,831 | 10,429 | 7,725 | 15,464 | 10,943 |
Tax % | 31% | 31% | 34% | 32% | 32% | 37% | 35% | 31% | 33% | 9% | 20% | 20% | |
Net Profit | 4,021 | 4,444 | 4,367 | 4,786 | 3,160 | 1,874 | 3,374 | 4,805 | 6,553 | 9,515 | 6,143 | 12,304 | 8,427 |
EPS in Rs | 5.94 | 6.57 | 6.46 | 7.07 | 4.67 | 2.76 | 4.98 | 7.09 | 9.68 | 13.93 | 9.21 | 18.40 | 12.77 |
Dividend Payout % | 24% | 25% | 28% | 28% | 24% | 37% | 56% | 43% | 25% | 31% | 36% | 36% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 14% |
3 Years: | 7% |
TTM: | 72% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 31% |
3 Years: | 22% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | -4% |
3 Years: | 4% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 18% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,268 | 1,268 | 1,268 | 1,268 | 1,268 | 1,268 | 1,691 | 2,255 | 2,255 | 4,510 | 4,440 | 4,440 | 6,575 | |
Reserves | 19,945 | 23,646 | 27,526 | 31,188 | 32,754 | 35,135 | 37,614 | 39,424 | 43,749 | 44,758 | 48,742 | 59,674 | 59,228 |
6,904 | 11,506 | 16,472 | 18,537 | 18,291 | 9,052 | 6,553 | 3,876 | 2,224 | 6,912 | 7,873 | 9,216 | 14,283 | |
12,034 | 11,479 | 14,542 | 15,872 | 17,355 | 13,608 | 12,433 | 15,798 | 20,199 | 18,754 | 19,975 | 23,254 | 26,058 | |
Total Liabilities | 40,152 | 47,899 | 59,809 | 66,865 | 69,669 | 59,063 | 58,291 | 61,353 | 68,426 | 74,934 | 81,030 | 96,584 | 106,144 |
15,962 | 19,863 | 24,303 | 25,995 | 32,143 | 29,946 | 28,302 | 28,860 | 31,475 | 37,121 | 40,188 | 43,718 | 45,406 | |
CWIP | 10,585 | 14,705 | 18,376 | 18,490 | 13,806 | 3,688 | 4,126 | 5,938 | 9,738 | 11,666 | 13,400 | 15,490 | 17,208 |
Investments | 1,236 | 1,183 | 1,254 | 1,282 | 1,272 | 9,844 | 10,125 | 10,452 | 10,722 | 9,893 | 13,058 | 16,408 | 15,993 |
12,368 | 12,148 | 15,876 | 21,099 | 22,448 | 15,584 | 15,737 | 16,102 | 16,493 | 16,253 | 14,385 | 20,968 | 27,537 | |
Total Assets | 40,152 | 47,899 | 59,809 | 66,865 | 69,669 | 59,063 | 58,291 | 61,353 | 68,426 | 74,934 | 81,030 | 96,584 | 106,144 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,608 | 5,111 | 6,603 | 4,615 | 4,214 | 3,960 | 6,024 | 8,769 | 7,984 | 8,345 | 8,993 | 9,629 | |
-7,036 | -9,443 | -8,626 | -4,466 | -2,809 | -904 | -334 | -2,660 | -5,701 | -8,299 | -4,640 | -5,699 | |
463 | 3,194 | 3,642 | -3 | -3,058 | -3,028 | -5,275 | -5,252 | -3,364 | 281 | -3,471 | -3,916 | |
Net Cash Flow | -1,964 | -1,138 | 1,618 | 146 | -1,653 | 29 | 415 | 858 | -1,081 | 328 | 882 | 13 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 20 | 19 | 20 | 20 | 19 | 19 | 21 | 23 | 21 | 24 | 22 | 29 |
Inventory Days | 16 | 20 | 18 | 20 | 18 | 14 | 17 | 17 | 16 | 21 | 25 | 19 |
Days Payable | 33 | 31 | 33 | 33 | 26 | 25 | 27 | 35 | 24 | 25 | 37 | 28 |
Cash Conversion Cycle | 4 | 8 | 5 | 8 | 12 | 8 | 11 | 6 | 13 | 20 | 10 | 20 |
Working Capital Days | -20 | -13 | -19 | -4 | -5 | -11 | -4 | -17 | 0 | 3 | -10 | 5 |
ROCE % | 24% | 21% | 17% | 15% | 10% | 8% | 12% | 16% | 22% | 21% | 13% | 23% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Link of Transcripts of Conference Call held for discussing Unaudited Financial Results for the quarter and nine months ended 31.12.2022
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Jan - In compliance of Regulation 30 of the SEBI (LODR) Regulations, 2015. With reference to the subject cited above, please find the attachment.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
31 Jan - Link of Audio recording of Conference Call held for discussing Unaudited Financial Results for the quarter and nine months ended 31.12.2022
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
30 Jan - Copy of Press Release on 'GAIL hits highest ever Revenue in 9 Months FY'23'.
- Outcome Of The Board Meeting - Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2022 30 Jan
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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Feb 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
Revenue mix%[1]
Natural gas trading/marketing - 76.5%
Petrochemicals - 7.5%
Natural gas transmission - 7.5%
LPG & other liquid hydrocarbon - 5%
LPG transmission - 1%
City gas - 0.83%
Other - 1.4%