Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India. More Details
Undervalued with proven track record and pays a dividend.
Share Price & News
How has Gujarat State Petronet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSPL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GSPL's weekly volatility (6%) has been stable over the past year.
7 Day Return
IN Gas Utilities
1 Year Return
IN Gas Utilities
Return vs Industry: GSPL underperformed the Indian Gas Utilities industry which returned 130.9% over the past year.
Return vs Market: GSPL underperformed the Indian Market which returned 67.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Gujarat State Petronet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StShould You Review Recent Insider Transactions At Gujarat State Petronet Limited (NSE:GSPL)?
3 weeks ago | Simply Wall StThe Gujarat State Petronet (NSE:GSPL) Share Price Is Up 92% And Shareholders Are Holding On
1 month ago | Simply Wall StHow Does Gujarat State Petronet Limited (NSE:GSPL) Fare As A Dividend Stock?
Is Gujarat State Petronet undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GSPL (₹253.4) is trading below our estimate of fair value (₹643.25)
Significantly Below Fair Value: GSPL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GSPL is good value based on its PE Ratio (9.1x) compared to the IN Gas Utilities industry average (25x).
PE vs Market: GSPL is good value based on its PE Ratio (9.1x) compared to the Indian market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: GSPL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GSPL is good value based on its PB Ratio (2.6x) compared to the IN Gas Utilities industry average (5.1x).
How is Gujarat State Petronet forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GSPL's earnings are forecast to decline over the next 3 years (-18.6% per year).
Earnings vs Market: GSPL's earnings are forecast to decline over the next 3 years (-18.6% per year).
High Growth Earnings: GSPL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GSPL's revenue (10.8% per year) is forecast to grow slower than the Indian market (14.1% per year).
High Growth Revenue: GSPL's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GSPL's Return on Equity is forecast to be low in 3 years time (15.9%).
How has Gujarat State Petronet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSPL has high quality earnings.
Growing Profit Margin: GSPL's current net profit margins (14.4%) are higher than last year (13.7%).
Past Earnings Growth Analysis
Earnings Trend: GSPL's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: GSPL's earnings growth over the past year (0.8%) is below its 5-year average (23.3% per year).
Earnings vs Industry: GSPL earnings growth over the past year (0.8%) underperformed the Gas Utilities industry 5.6%.
Return on Equity
High ROE: GSPL's Return on Equity (29.3%) is considered high.
How is Gujarat State Petronet's financial position?
Financial Position Analysis
Short Term Liabilities: GSPL's short term assets (₹20.9B) do not cover its short term liabilities (₹33.1B).
Long Term Liabilities: GSPL's short term assets (₹20.9B) do not cover its long term liabilities (₹33.1B).
Debt to Equity History and Analysis
Debt Level: GSPL's debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: GSPL's debt to equity ratio has reduced from 27.4% to 27.4% over the past 5 years.
Debt Coverage: GSPL's debt is well covered by operating cash flow (149%).
Interest Coverage: GSPL's interest payments on its debt are well covered by EBIT (17.4x coverage).
What is Gujarat State Petronet current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GSPL's dividend (0.79%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: GSPL's dividend (0.79%) is low compared to the top 25% of dividend payers in the Indian market (1.91%).
Stability and Growth of Payments
Stable Dividend: GSPL's dividends per share have been stable in the past 10 years.
Growing Dividend: GSPL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.2%), GSPL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anil Mukim (60 yo)
Mr. Anil Gopishankar Mukim, IAS, has been a Chairman of the Board at Gujarat State Fertilizers & Chemicals Limited since December 14, 2020. He is Non-Executive Non-Independent Chairman of the Board at Guja...
Experienced Management: GSPL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: GSPL's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gujarat State Petronet Limited's company bio, employee growth, exchange listings and data sources
- Name: Gujarat State Petronet Limited
- Ticker: GSPL
- Exchange: NSEI
- Founded: 1998
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: ₹144.438b
- Shares outstanding: 564.21m
- Website: https://www.gspcgroup.com/GSPL/
Number of Employees
- Gujarat State Petronet Limited
- GSPL Bhavan
- E-18, GIDC Electronic Estate
Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India. The company develops energy transportation infrastructure and co...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 12:16|
|End of Day Share Price||2021/04/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.