Gujarat State Petronet Ltd (GSPL)
₹268.00
Mkt cap
₹15,141 Cr
P/E ratio
14.40
P/B
1.26
Div yield
1.86%
ROE
9.89%
ROCE
15.20%
EPS (TTM)
₹18.61
Book value
₹212
52W range
226–335
Sector
Energy
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]
NSE GSPLBSE 532702
Health check
Constructive
ValuationFair
ProfitabilityAverage
GrowthHigh
52-week range
₹268
₹226₹335
Current
₹268.00
Prev close
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Day
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Financials
Revenue, profit & margin
P/E ratio
14.4×
GSPL is 0% above the sector median of 14.4×
GSPL14.4×
Sector median14.4×
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,998 | 4,270 | 4,108 | 4,265 | 4,389 | 4,532 | 4,727 | 3,992 | 4,360 | 4,291 | 4,107 | 4,008 | 3,885 | |
| Expenses | 3,149 | 3,433 | 3,394 | 3,351 | 3,608 | 3,570 | 3,905 | 3,304 | 3,808 | 3,723 | 3,389 | 3,399 | 3,273 | |
| Operating Profit | 849 | 837 | 715 | 914 | 781 | 962 | 822 | 688 | 553 | 567 | 718 | 609 | 612 | |
| OPM % | 21% | 20% | 17% | 21% | 18% | 21% | 17% | 17% | 13% | 13% | 17% | 15% | 16% | |
| Other Income | 42 | 45 | 40 | 55 | 56 | 114 | 69 | 76 | 96 | 109 | 101 | 114 | 96 | |
| Interest | 15 | 6 | 8 | 14 | 8 | 8 | 8 | 8 | 10 | 11 | 8 | 8 | 9 | |
| Depreciation | 158 | 157 | 161 | 165 | 168 | 169 | 171 | 179 | 179 | 179 | 184 | 188 | 189 | |
| Profit before tax | 718 | 719 | 586 | 789 | 661 | 899 | 712 | 577 | 460 | 486 | 626 | 527 | 510 | |
| Tax % | 26% | 24% | 26% | 25% | 25% | 26% | 26% | 27% | 27% | 27% | 26% | 26% | 26% | |
| Net Profit | 530 | 543 | 434 | 590 | 496 | 663 | 527 | 423 | 335 | 352 | 465 | 389 | 379 | |
| EPS in Rs | 6.37 | 6.61 | 5.94 | 8.06 | 7.00 | 8.42 | 6.65 | 4.99 | 4.15 | 3.90 | 5.58 | 4.62 | 4.55 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
| Q4FY23 | Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 12 May '23 | 4 Aug '23◦ | 6 Nov '23◦ | 14 Feb '24◦ | 9 May '24 | 9 Aug '24 | 8 Nov '24 | 7 Feb '25◦ | 22 May '25◦ | 12 Aug '25◦ | 11 Nov '25◦ | 22 Jan '26◦ |
| Earnings day | — | — | — | — | — | — | — | — | — | — | — | — |
| +1 day | — | — | — | — | — | — | — | — | — | — | — | — |
| +5 days | — | — | — | — | — | — | — | — | — | — | — | — |
| +15 days | — | — | — | — | — | — | — | — | — | — | — | — |
| +30 days | — | — | — | — | — | — | — | — | — | — | — | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Mar 202637.63%Promoter
Promoters37.63%
FIIs15.54%0.05
DIIs25.36%0.28
Public19.35%0.33
Government2.13%
Ownership trend
Peers
4 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| GAIL | ₹173.40 | 11.54 | 1,14,012 | 3.17% | 4,671 | +96.92% | 41,198 | +16.67% | 9.67% |
| GSPL | ₹268.35 | 14.39 | 15,141 | 1.86% | 379 | +9.66% | 3,885 | −10.90% | 15.16% |
| INFRATRUST | ₹73.56 | 61.28 | 4,884 | 31.29% | −7 | −120.73% | 1,095 | +12.93% | 5.39% |
| INDIFRA | ₹12.85 | 937.00 | 9 | 0.00% | 0 | +157.69% | 15 | +582.49% | 0.22% |
| Median: 3 Co. | ₹173.40 | 14.39 | 15,141 | 3.17% | 379 | +9.66% | 3,885 | +12.93% | 9.67% |
Filings
Annual reports15
Annual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013nseAnnual Report 2013bseAnnual Report 2012nse
Concall transcripts11
Credit ratings6
Announcements5
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 11 MayDispatch Of Letter To Shareholders 2 May - Record date fixed for GGL share allotment under amalgamation-demerger scheme; GSPL trading suspended from May 12, 2026.Announcement under Regulation 30 (LODR)-Scheme of Arrangement 1 May - Composite scheme effective 1 May 2026; GSPC, GSPL and GEL amalgamated into Gujarat Gas, gas transmission business demerged to GTL.Compliances-Reg.24(A)-Annual Secretarial Compliance 30 Apr - Annual Secretarial Compliance Report for the year ended 31.03.2026Fixation Of Record Date -2 By Gujarat Gas Limited For The Purpose Of Composite Scheme Of Arrangement 29 Apr