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GAIL India

₹162.4 2.7 | 1.7%

Market Cap ₹106780 Cr.

Stock P/E 10.8

P/B 1.2

Current Price ₹162.4

Book Value ₹ 133.1

Face Value 10

52W High ₹246.4

Dividend Yield 3.39%

52W Low ₹ 155.6

Overview Inc. Year: 1984Industry: Industrial Gases & Fuels

GAIL (India) Limited is an India-based natural gas processing and distribution corporation. The Company's segments are Petrochemicals, LPG,Transmission Services, Natural Gas Marketing, and Liquid Hydrocarbons and Other segment. Its Transmission Services segment includes natural gasoline and liquid petroleum gasoline (LPG). Its Other segment includes City Gas Distribution (CGD), GAIL Tel, exploration and production (E&P) and electricity technology. It has interests within the sourcing and trading of natural gasoline, manufacturing of LPG, liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines. It owns and operates a community of about 13,340 kilometers (km) of natural gas pipelines. It is also focused on increasing its presence in renewable energy with solar, wind and biofuel. Its subsidiaries are GAIL GAS Limited, Tripura Natural Gas Co Ltd., Bengal Gas Company Limited and Konkan LNG Limited,GAIL Global (Singapore) PTE Ltd, GAIL Global (USA) Inc.

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GAIL India Share Price

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GAIL India Quarterly Results

#(Fig in Cr.) Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 38729 35940 33264 32849 33050 34768 32833 34822 33981 36937
Other Income 241 450 547 152 205 414 237 221 277 378
Total Income 38970 36390 33811 33001 33255 35182 33070 35042 34258 37315
Total Expenditure 36825 35458 32708 30189 29470 30560 28985 30032 30044 33768
Operating Profit 2145 932 1102 2812 3785 4622 4085 5011 4214 3547
Interest 82 120 107 185 199 176 159 209 188 169
Depreciation 695 699 631 722 837 872 1241 1152 922 939
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 2440
Profit Before Tax 1368 113 365 1906 2749 3574 2685 3650 3104 4879
Provision for Tax 371 264 46 490 696 881 625 930 780 1188
Profit After Tax 998 -152 318 1416 2052 2692 2060 2719 2324 3691
Adjustments 318 565 316 376 392 502 409 464 370 391
Profit After Adjustments 1315 414 634 1792 2444 3195 2469 3183 2694 4082
Adjusted Earnings Per Share 2 0.6 1 2.7 3.7 4.9 3.8 4.8 4.1 6.2

GAIL India Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 61918 60704 52053 48552 54496 76190 72518 57372 92770 145668 133228 138573
Other Income 957 931 752 1049 844 1257 1736 1122 1183 1450 1009 1113
Total Income 62876 61635 52804 49601 55341 77447 74254 58493 93953 147118 134237 139685
Total Expenditure 53953 55121 47538 41961 46717 66566 63682 50128 77618 138297 118933 122829
Operating Profit 8923 6514 5266 7640 8623 10882 10571 8365 16335 8821 15305 16857
Interest 669 652 822 552 327 159 309 181 213 371 720 725
Depreciation 1644 1433 1496 1541 1527 1667 2080 2174 2420 2702 3672 4254
Exceptional Income / Expenses 313 63 0 211 0 0 0 0 0 0 0 2440
Profit Before Tax 6922 4492 2949 5184 6923 9831 10429 7725 15464 7256 12595 14318
Provision for Tax 2195 1421 1091 1809 2123 3278 914 1583 3160 1660 2692 3523
Profit After Tax 4728 3071 1858 3375 4800 6553 9515 6143 12304 5596 9903 10794
Adjustments 59 89 12 -7 -1 -7 -93 -6 -48 20 -4 1634
Profit After Adjustments 4786 3160 1869 3368 4799 6546 9422 6136 12256 5616 9899 12428
Adjusted Earnings Per Share 7.1 4.7 2.8 5 7.1 9.7 13.9 9.2 18.4 8.5 15.1 18.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -9% 32% 12% 8%
Operating Profit CAGR 74% 22% 7% 6%
PAT CAGR 77% 17% 9% 8%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -5% 21% 13% 8%
ROE Average 14% 15% 15% 13%
ROCE Average 15% 16% 17% 15%

GAIL India Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 32457 34023 36403 39305 41679 46004 49268 53182 64114 64927 76997
Minority's Interest 1759 1758 27 33 39 46 87 97 191 180 199
Borrowings 16061 14752 5865 3180 1119 1027 3773 5237 5468 8880 12806
Other Non-Current Liabilities 7743 9578 6575 7848 8792 12731 11279 11948 15097 13580 15762
Total Current Liabilities 12520 12712 10167 9299 11248 10660 12476 12177 15093 21711 21641
Total Liabilities 70540 72824 59038 59665 62875 70468 76884 82642 99964 109277 127405
Fixed Assets 27779 33976 29946 30092 30480 32700 38230 41160 44572 49697 55189
Other Non-Current Assets 28609 26484 19479 20189 21507 26719 26998 30615 39085 39050 51944
Total Current Assets 14152 12364 9612 9384 10888 11049 11657 10867 16307 20531 20272
Total Assets 70540 72824 59038 59665 62875 70468 76884 82642 99964 109277 127405

GAIL India Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 3065 3211 76 105 520 1377 297 624 1507 1520 244
Cash Flow from Operating Activities 4615 4214 3960 6024 8769 7984 8345 8993 9420 3205 12586
Cash Flow from Investing Activities -4142 -2116 -904 -383 -2632 -5707 -7445 -4693 -5436 -7640 -8273
Cash Flow from Financing Activities -3 -3058 -3028 -5275 -5252 -3364 281 -3471 -3917 2972 -3457
Net Cash Inflow / Outflow 470 -960 29 366 885 -1087 1182 830 67 -1463 855
Closing Cash & Cash Equivalent 3211 1558 105 520 1377 297 624 1507 1520 244 1146

GAIL India Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 7.07 4.67 2.76 4.98 7.09 9.68 13.93 9.21 18.4 8.54 15.06
CEPS(Rs) 9.42 6.66 4.96 7.27 9.35 12.15 17.14 12.49 22.11 12.62 20.65
DPS(Rs) 10.4 6 5.5 11.2 9.09 2.67 4.27 5 6.67 5 5.5
Book NAV/Share(Rs) 47.98 50.29 53.81 58.1 61.61 68 72.83 79.85 96.26 98.75 117.1
Core EBITDA Margin(%) 12.67 9.06 8.59 13.37 14.22 12.62 12.17 12.61 16.31 5.05 10.71
EBIT Margin(%) 12.07 8.35 7.18 11.63 13.26 13.1 14.8 13.77 16.88 5.23 9.97
Pre Tax Margin(%) 11.01 7.29 5.61 10.51 12.66 12.9 14.37 13.45 16.65 4.97 9.43
PAT Margin (%) 7.52 4.98 3.53 6.84 8.78 8.6 13.11 10.7 13.25 3.84 7.42
Cash Profit Margin (%) 10.13 7.31 6.38 9.97 11.57 10.78 15.98 14.48 15.85 5.69 10.17
ROA(%) 7.08 4.28 2.82 5.69 7.83 9.83 12.91 7.7 13.48 5.35 8.37
ROE(%) 15.44 9.24 5.28 8.91 11.86 14.95 19.97 11.99 20.98 8.67 13.96
ROCE(%) 15.77 9.96 7.71 12.64 16.07 21.46 20.62 13.59 23.69 9.96 15.06
Receivable days 18.04 19.72 20.61 20.26 20.62 18.66 23.09 26.44 21.51 22.68 27.7
Inventory Days 13.02 14.64 13.8 12.31 12.15 10.62 14.3 19.62 12.9 11.88 16.25
Payable days 29.32 29.22 27.36 28.27 29.7 23.93 25.03 34.96 25.55 17.71 23.3
PER(x) 9.96 15.61 24.18 18.9 15.44 11.96 3.66 9.81 5.64 12.32 12.03
Price/Book(x) 1.47 1.45 1.24 1.62 1.78 1.7 0.7 1.13 1.08 1.07 1.55
Dividend Yield(%) 2.77 1.54 1.54 2.98 2.77 2.31 8.37 3.69 6.42 4.75 3.04
EV/Net Sales(x) 1.02 1.09 1.01 1.41 1.37 1.04 0.55 1.14 0.8 0.58 1.02
EV/Core EBITDA(x) 7.06 10.14 9.95 8.93 8.63 7.27 3.77 7.81 4.54 9.57 8.89
Net Sales Growth(%) 21.18 -1.96 -14.25 -6.73 12.24 39.81 -4.82 -20.89 61.7 57.02 -8.54
EBIT Growth(%) 8.52 -32.23 -26.7 52.12 26.39 37.8 7.48 -26.37 98.29 -51.35 74.57
PAT Growth(%) 9.52 -35.03 -39.52 81.67 42.25 36.51 45.2 -35.44 100.29 -54.52 76.97
EPS Growth(%) 9.43 -33.98 -40.85 80.19 42.48 36.4 43.94 -33.85 99.73 -53.58 76.27
Debt/Equity(x) 0.57 0.54 0.25 0.15 0.08 0.05 0.14 0.14 0.12 0.25 0.24
Current Ratio(x) 1.13 0.97 0.95 1.01 0.97 1.04 0.93 0.89 1.08 0.95 0.94
Quick Ratio(x) 0.92 0.79 0.79 0.83 0.8 0.8 0.68 0.65 0.84 0.67 0.66
Interest Cover(x) 11.35 7.89 4.59 10.39 22.2 62.75 34.76 43.77 73.51 20.56 18.5
Total Debt/Mcap(x) 0.39 0.37 0.2 0.09 0.04 0.03 0.19 0.12 0.11 0.24 0.16

GAIL India Shareholding Pattern

# Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Promoter 51.52 51.52 51.52 51.52 51.52 51.52 51.52 51.52 51.52 51.52
FII 19.65 17.91 16.28 15.97 14.65 14.14 14.05 15.06 16.64 15.92
DII 21.68 23.7 25.67 25.8 26.84 27.08 27 25.58 24.36 25.04
Public 6.42 6.12 5.79 5.96 6.25 6.54 6.7 7.08 6.7 6.79
Others 0.73 0.75 0.74 0.74 0.74 0.72 0.73 0.76 0.77 0.73
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Debtor days have increased from 17.71 to 23.3days.
  • The company has delivered a poor profit growth of 8% over past five years.

* 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.

GAIL India News

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