Share Price & News
How has Gujarat Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GUJGASLTD is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GUJGASLTD's weekly volatility (4%) has been stable over the past year.
7 Day Return
IN Gas Utilities
1 Year Return
IN Gas Utilities
Return vs Industry: GUJGASLTD exceeded the Indian Gas Utilities industry which returned 26.8% over the past year.
Return vs Market: GUJGASLTD exceeded the Indian Market which returned 17.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Gujarat Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StGujarat Gas Limited's (NSE:GUJGASLTD) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
3 weeks ago | Simply Wall StGujarat Gas Limited's (NSE:GUJGASLTD) Stock Is Going Strong: Is the Market Following Fundamentals?
1 month ago | Simply Wall StWe Think Gujarat Gas (NSE:GUJGASLTD) Can Manage Its Debt With Ease
Is Gujarat Gas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GUJGASLTD (₹375.55) is trading above our estimate of fair value (₹174.03)
Significantly Below Fair Value: GUJGASLTD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GUJGASLTD is poor value based on its PE Ratio (26.3x) compared to the IN Gas Utilities industry average (23.3x).
PE vs Market: GUJGASLTD is poor value based on its PE Ratio (26.3x) compared to the Indian market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: GUJGASLTD is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: GUJGASLTD is overvalued based on its PB Ratio (6.9x) compared to the IN Gas Utilities industry average (5.3x).
How is Gujarat Gas forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GUJGASLTD's forecast earnings growth (17.4% per year) is above the savings rate (7%).
Earnings vs Market: GUJGASLTD's earnings (17.4% per year) are forecast to grow slower than the Indian market (25.6% per year).
High Growth Earnings: GUJGASLTD's earnings are forecast to grow, but not significantly.
Revenue vs Market: GUJGASLTD's revenue (20.6% per year) is forecast to grow faster than the Indian market (11.6% per year).
High Growth Revenue: GUJGASLTD's revenue (20.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GUJGASLTD's Return on Equity is forecast to be high in 3 years time (25.9%)
How has Gujarat Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GUJGASLTD has high quality earnings.
Growing Profit Margin: GUJGASLTD's current net profit margins (11.2%) are higher than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: GUJGASLTD's earnings have grown significantly by 33.8% per year over the past 5 years.
Accelerating Growth: GUJGASLTD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GUJGASLTD had negative earnings growth (-2.5%) over the past year, making it difficult to compare to the Gas Utilities industry average (-3.5%).
Return on Equity
High ROE: GUJGASLTD's Return on Equity (26.1%) is considered high.
How is Gujarat Gas's financial position?
Financial Position Analysis
Short Term Liabilities: GUJGASLTD's short term assets (₹15.5B) do not cover its short term liabilities (₹20.3B).
Long Term Liabilities: GUJGASLTD's short term assets (₹15.5B) do not cover its long term liabilities (₹23.6B).
Debt to Equity History and Analysis
Debt Level: GUJGASLTD's debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: GUJGASLTD's debt to equity ratio has reduced from 158% to 37.2% over the past 5 years.
Debt Coverage: GUJGASLTD's debt is well covered by operating cash flow (114.1%).
Interest Coverage: GUJGASLTD's interest payments on its debt are well covered by EBIT (13.4x coverage).
What is Gujarat Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GUJGASLTD's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: GUJGASLTD's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (1.8%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GUJGASLTD has been paying a dividend for less than 10 years.
Growing Dividend: GUJGASLTD's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.8%), GUJGASLTD's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GUJGASLTD's dividends in 3 years are forecast to be well covered by earnings (16.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjeev Kumar (50 yo)
Mr. Sanjeev Kumar, I.A.S., has been Managing Director of Gujarat Gas Limited since December 18, 2019. He served as Managing Director of Gujarat State Petroleum Corporation Limited until December 18, 2019. ...
|MD & Director||1.08yrs||₹97.50k||no data|
|Chief Financial Officer||5.33yrs||₹9.49m||no data|
|Group GM of Secretarial & Legal||0.83yr||₹3.07m||no data|
|Senior Vice President of Technical Services||3.25yrs||no data||no data|
|Senior Vice President of HR & Admin||3.25yrs||no data||no data|
|SVP of Commercial and Mktg||3.75yrs||no data||no data|
|Senior Vice President of Operations - 1||3.75yrs||no data||no data|
|Senior Vice President of Ankleshwar for Operations - 1||no data||no data||no data|
|Senior Vice President of Surat for Operations - 1||no data||no data||no data|
|Senior Vice President of Operations - 2||3.75yrs||no data||no data|
Experienced Management: GUJGASLTD's management team is considered experienced (3.5 years average tenure).
|MD & Director||1.08yrs||₹97.50k||no data|
|Additional Non-Executive Independent Woman Director||0.42yr||no data||no data|
|Non Executive Independent Director||5.75yrs||₹187.50k||no data|
|Chairman of the Board||0.75yr||no data||no data|
|Non Executive Independent Director||5.75yrs||₹309.00k||no data|
|Non-Executive Director||3.42yrs||₹82.50k||no data|
|Non Executive Independent Director||3.42yrs||₹88.50k||no data|
|Non Executive Independent Director||3.42yrs||₹141.00k||no data|
|Non-Executive Director||1yr||₹21.00k||no data|
Experienced Board: GUJGASLTD's board of directors are considered experienced (3.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gujarat Gas Limited's company bio, employee growth, exchange listings and data sources
- Name: Gujarat Gas Limited
- Ticker: GUJGASLTD
- Exchange: NSEI
- Founded: 2012
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: ₹258.525b
- Shares outstanding: 688.39m
- Website: https://www.gujaratgas.com
Number of Employees
- Gujarat Gas Limited
- 2, Shanti Sadan Society
- Near Parimal Garden
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|539336||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 2015|
|GUJGASLTD||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Sep 2015|
Gujarat Gas Limited engages in the distribution of city natural gas in India. The company operates a network of approximately 24,400 kilometers of gas pipeline and 403 CNG stations. It supplies natural gas...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/15 12:13|
|End of Day Share Price||2021/01/15 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.