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]
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
FRevenue, profit & margin
P/E ratio
14.4×
GSPL is 2% below the sector median of 14.7×
GSPL14.4×
Sector median14.7×
| 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
EResults 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
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Mar 202637.63%Promoter
Promoters37.63%
FIIs15.54%0.05
DIIs25.36%0.28
Public19.35%0.33
Government2.13%
Ownership trend
Peers
P4 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 (India) | ₹170.02 | 14.74 | 1,11,790 | 4.41% | 1,481 | −40.41% | 35,577 | −2.37% | 9.68% |
| Guj.St.Petronet | ₹268.35 | 14.39 | 15,141 | 1.86% | 379 | +9.66% | 3,885 | −10.90% | 15.16% |
| Energy InfrTrust | ₹74.40 | 45.70 | 4,940 | 30.94% | 48 | +52.53% | 1,002 | +3.84% | 5.39% |
| Indifra Ltd | ₹11.95 | 871.00 | 9 | 0.00% | 0 | +157.69% | 15 | +582.49% | 0.22% |
| Median: 3 Co. | ₹170.02 | 14.74 | 15,141 | 4.41% | 379 | +9.66% | 3,885 | −2.37% | 9.68% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bseFinancial Year 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