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73% Buy

GAIL (India) Share Price

GAIL

₹229.58-₹3.83 (-1.64%) TodayLast updated on 18 Jul, 2024 | 10:57 IST
₹228.82₹233.87
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Company overview

Financial performance

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Market cap

Market Cap Switch₹1,55,935 Crs

Open

₹233.51

Close

₹233.41

Circuit range

₹256.75 - ₹210.06

Day range

₹228.82 - ₹233.87

Year range

₹108.35 - ₹239.11

Volume

74,59,242

Avg. traded

₹231.27

Revenue (12m)

₹1,33,500 Crs

GAIL (India)

GAIL (India) Limited is a leading Indian public sector enterprise in the natural gas sector. GAIL was accorded the prestigious navratna status by the Government of India in 1997-98.

The company was incorporated in August 1984 as a Central public sector enterprise and it was assigned the responsibility of Hazira - Vijaypur -Jagdishpur (HVJ) pipeline Project. Initially, GAIL India was assigned the task of construction, operation and maintenance of the 1,800-km long pipeline project, one of the largest cross-country natural gas pipeline projects in the world.

GAIL and its subsidiaries/joint ventures hold a strong position in the city gas distribution market. In the liquefied natural gas (LNG) sector, GAIL has a substantial and growing portfolio. The company is also actively expanding its footprint in renewable energy segments like solar, wind and biofuels in recent years.

GAIL business segments

GAIL’s market capitalisation stood at over ₹92,000 crore as of December 12, 2023. GAIL India Ltd share price has surged more than 66% in the last three years.

GAIL has a dominant presence in the entire natural gas value chain, including trading, transmission, LPG production and transmission, LNG re-gasification, petrochemicals, city gas; and exploration and production (E&P). The company also has a vast network of approximately 15,583 km of natural gas pipelines. GAIL's market share in gas transmission is approximately 70%, and it holds the majority share of over 50% in gas trading within India.

GAIL’s major subsidiaries are:

1. Brahmaputra Cracker and Polymer Limited (BCPL):

GAIL holds a 70% stake in BCPL. Established as a part of the 1985 Assam Accord, BCPL's plant in Lepetkata, Assam, began production in 2016. The plant produces high density polyethylene (HDPE) and linear low density polyethylene (LLDPE), with a total capacity of 2.8 lakh tonnes per annum (TPA). GAIL markets these polymer products.

2. GAIL Gas Limited:

This is a wholly-owned subsidiary of GAIL, established in 2008. The company focuses on city gas distribution (CGD) projects across India and supplies natural gas to households, industries, commercial units, and the transport sector.

3. GAIL Global (Singapore) Pte Limited:

Incorporated in Singapore in 2004, GGSPL is significant in managing and optimising GAIL’s LNG portfolio, with business relations with over 60 counterparts. It also has an equity investment in the National Gas Company, Egypt.

4. GAIL Global USA LNG LLC (GGULL):

Established in 2013 as a subsidiary of GAIL Global (USA) Inc, GGULL has agreements for LNG capacity rights in the Cove Point LNG liquefaction terminal, Maryland, and its related pipelines.

5. Konkan LNG Limited (KLL):

KLL, owning a 5 million metric tonnes per year (MMTPA) LNG Regasification Terminal in Maharashtra, became a separate entity in 2018 after a demerger from Ratnagiri Gas and Power Private Limited (RGPPL). GAIL holds a 92.15% stake in KLL.

6. JBF Petrochemicals Limited:

Acquired by GAIL in 2023, JBF Petrochemicals operates a 1.25 MMTPA PTA plant in Karnataka. The acquisition aligns with GAIL's petrochemical expertise and supports domestic manufacturing in synthetic textiles and PET bottles.

GAIL financial highlights

Total revenue in FY23 stood at ₹11.89 lakh crore, a jump of 59.8% from the previous fiscal year. Profit After Tax (PAT) dropped 54.18% to ₹5,616 crore in FY23 compared to ₹12,256.07 crore in FY22. The company’s operating profit ​​dropped 54.6% to ₹6,865.04 crore in FY23 compared to ₹15,122.41 crore in FY22. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹10,324.53 crore, down 42.91% year-on-year as against ₹18,086.17 crore reported in FY22.

GAIL (India) Key indicators

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52 week high

₹239.11

52 week low

₹108.35

P/E ratio

15.5

P/B ratio

2.36

ROE

9.53%

ROCE

10.46%

Dividend yield

2.14%

Debt/Equity ratio

0.26

EPS

8.06

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Investment checklist: (3/6)

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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

73%

Hold

20%

Sell

7%

This analysis is based on the reviews of 30 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

6.51%

Net profit margin

3.67%

ROE

9.53%

ROA

5.67%

ROCE

10.46%

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GAIL (India) Shareholder returns

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1 day

-1.58%

1 week

+1.88%

1 month

+5.22%

3 months

+13.39%

1 year

+112.19%

3 years

+141.80%

5 years

+137.62%

GAIL (India) Share Price history

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DayOpenCloseDay’s change
Tue, Jul 16 2024
₹238.20
₹233.41
-1.58%
Mon, Jul 15 2024
₹229.60
₹237.16
+3.69%
Fri, Jul 12 2024
₹229.70
₹228.71
-0.30%
Thu, Jul 11 2024
₹229.90
₹229.40
+0.07%
Wed, Jul 10 2024
₹229.88
₹229.23
+0.05%
Tue, Jul 9 2024
₹232.87
₹229.11
-0.60%
Mon, Jul 8 2024
₹223.50
₹230.49
+3.38%
Fri, Jul 5 2024
₹219.15
₹222.96
+1.73%

Shareholding info

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Promoters (51.92%)

Mutual Funds (9.33%)

Retail and other (7.13%)

Foreign institutions-FII (15.22%)

Other domestic institutions (16.41%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹5.5/share

    Ex date 06 Feb 2024

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  • Dividend • ₹4/share

    Ex date 21 Mar 2023

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  • Bonus • 1:2

    Ex date 06 Sep 2022

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  • Dividend • ₹1/share

    Ex date 01 Aug 2022

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  • Dividend • ₹5/share

    Ex date 21 Mar 2022

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  • Dividend • ₹4/share

    Ex date 30 Dec 2021

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Frequently asked questions