Gujarat State Petronet Ltd
Gujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013.
Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and generation of electricity through windmills. [1]
- Market Cap ₹ 16,213 Cr.
- Current Price ₹ 287
- High / Low ₹ 311 / 249
- Stock P/E 10.6
- Book Value ₹ 176
- Dividend Yield 1.75 %
- ROCE 26.6 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.8%
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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,123 | 1,173 | 1,051 | 1,065 | 992 | 5,901 | 7,261 | 9,345 | 12,244 | 11,535 | 17,991 | 18,117 | 16,642 | |
90 | 101 | 122 | 136 | 126 | 4,260 | 5,217 | 6,805 | 9,027 | 7,961 | 14,491 | 14,437 | 13,313 | |
Operating Profit | 1,034 | 1,072 | 929 | 928 | 866 | 1,642 | 2,044 | 2,540 | 3,217 | 3,574 | 3,500 | 3,680 | 3,329 |
OPM % | 92% | 91% | 88% | 87% | 87% | 28% | 28% | 27% | 26% | 31% | 19% | 20% | 20% |
45 | 66 | 57 | 42 | 94 | 118 | 122 | 135 | 108 | 130 | 148 | 136 | 182 | |
Interest | 130 | 126 | 142 | 118 | 80 | 278 | 242 | 427 | 369 | 227 | 112 | 70 | 58 |
Depreciation | 182 | 186 | 184 | 189 | 183 | 436 | 447 | 468 | 518 | 542 | 579 | 621 | 641 |
Profit before tax | 766 | 826 | 660 | 664 | 697 | 1,046 | 1,477 | 1,780 | 2,438 | 2,936 | 2,957 | 3,125 | 2,812 |
Tax % | 32% | 35% | 36% | 38% | 33% | 31% | 35% | 33% | 7% | 25% | 25% | 25% | |
545 | 538 | 417 | 488 | 465 | 718 | 958 | 1,190 | 2,279 | 2,192 | 2,231 | 2,342 | 2,097 | |
EPS in Rs | 9.68 | 9.56 | 7.39 | 8.64 | 8.26 | 9.84 | 13.15 | 17.71 | 30.65 | 28.48 | 29.04 | 29.09 | 26.98 |
Dividend Payout % | 10% | 10% | 14% | 14% | 18% | 15% | 13% | 11% | 7% | 7% | 7% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 31% |
5 Years: | 20% |
3 Years: | 14% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 17% |
3 Years: | -2% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 10% |
3 Years: | 9% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 27% |
3 Years: | 23% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 563 | 563 | 563 | 563 | 563 | 564 | 564 | 564 | 564 | 564 | 564 | 564 | 564 |
Reserves | 1,998 | 2,472 | 2,823 | 3,217 | 3,423 | 3,962 | 1,865 | 2,731 | 4,320 | 5,827 | 7,355 | 8,885 | 9,392 |
1,396 | 1,610 | 1,429 | 1,157 | 1,067 | 2,989 | 5,386 | 4,579 | 3,629 | 2,003 | 713 | 149 | 145 | |
616 | 765 | 811 | 931 | 785 | 4,293 | 4,148 | 4,587 | 4,837 | 5,775 | 6,662 | 7,718 | 7,863 | |
Total Liabilities | 4,573 | 5,410 | 5,625 | 5,868 | 5,838 | 11,808 | 11,963 | 12,461 | 13,350 | 14,169 | 15,294 | 17,316 | 17,965 |
3,140 | 3,254 | 3,205 | 3,169 | 3,123 | 8,069 | 8,208 | 8,897 | 9,256 | 9,497 | 9,946 | 10,481 | 10,568 | |
CWIP | 443 | 614 | 804 | 949 | 768 | 1,192 | 1,374 | 908 | 807 | 953 | 1,245 | 1,409 | 1,715 |
Investments | 171 | 197 | 543 | 633 | 723 | 469 | 590 | 696 | 1,023 | 1,457 | 1,670 | 1,621 | 1,885 |
820 | 1,345 | 1,073 | 1,117 | 1,224 | 2,079 | 1,790 | 1,960 | 2,264 | 2,262 | 2,433 | 3,805 | 3,796 | |
Total Assets | 4,573 | 5,410 | 5,625 | 5,868 | 5,838 | 11,808 | 11,963 | 12,461 | 13,350 | 14,169 | 15,294 | 17,316 | 17,965 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
795 | 692 | 644 | 626 | 603 | 1,644 | 1,669 | 2,044 | 2,771 | 2,897 | 2,748 | 3,340 | |
-392 | -367 | -708 | -201 | -321 | -835 | -3,593 | -612 | -806 | -1,080 | -1,359 | -1,815 | |
-303 | 51 | -338 | -438 | -297 | -879 | 2,013 | -1,382 | -1,494 | -2,096 | -1,659 | -805 | |
Net Cash Flow | 99 | 376 | -402 | -13 | -15 | -70 | 89 | 50 | 471 | -279 | -271 | 720 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26 | 79 | 86 | 52 | 56 | 28 | 25 | 27 | 20 | 30 | 21 | 23 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 26 | 79 | 86 | 52 | 56 | 28 | 25 | 27 | 20 | 30 | 21 | 23 |
Working Capital Days | -127 | -65 | -91 | -84 | -57 | -60 | -113 | -75 | -61 | -28 | -19 | -25 |
ROCE % | 24% | 22% | 17% | 16% | 15% | 19% | 20% | 25% | 30% | 31% | 28% | 27% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 22 Nov
-
Announcement under Regulation 30 (LODR)-Investor Presentation
6 Nov - Presentation HIghlights of the Company for the quarter and half year ended 30th September, 2023.
- Un-Audited Financial Results (Standalone & Consolidated) For The Quarter And Half Year Ended 30Th September, 2023 6 Nov
- Closure of Trading Window 17 Oct
- Board Meeting Intimation for Considering Un-Audited Financial Results (Standalone & Consolidated) For The Qtr. And Half Year Ended 30.09.2023 17 Oct
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Gas Transmission Business
The company is the second largest player in terms of gas transmission pipeline network operator in the country with its 2,694 km long pipeline network connecting various cities from Vapi to Jafrabad. GSPL has a well-established network in Gujarat having control over 25 out of 33 districts.[1][2]
During FY20, It commissioned the Pipavav- Gundala pipeline thereby providing natural gas connectivity to Projects at Dahej-SEZ, Gundala, Anjar. [3]