Financials Gujarat Gas Ltd NSE India S.E.

Equities

GUJGASLTD

INE844O01022

Natural Gas Utilities

End-of-day quote NSE India S.E. 5-day change 1st Jan Change
- INR -.--% Intraday chart for Gujarat Gas Ltd +8.31% +6.93%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101,951 158,915 378,236 346,432 316,384 366,189 - -
Enterprise Value (EV) 1 119,710 170,318 382,726 350,129 309,574 374,656 349,515 341,788
P/E ratio 24.4 x 13.3 x 29.6 x 26.9 x 20.7 x 32.8 x 26.1 x 22.5 x
Yield 0.68% 0.54% 0.36% 0.4% 1.45% 0.97% 1.1% 1.37%
Capitalization / Revenue 1.31 x 1.54 x 3.84 x 2.11 x 1.89 x 2.39 x 2.18 x 1.93 x
EV / Revenue 1.54 x 1.65 x 3.88 x 2.13 x 1.85 x 2.39 x 2.08 x 1.81 x
EV / EBITDA 12.2 x 10.4 x 18.3 x 16.9 x 12.9 x 20 x 15.6 x 13.3 x
EV / FCF 28.6 x 20.7 x 42.3 x 119 x 24 x 54.9 x 40.3 x 30.3 x
FCF Yield 3.5% 4.84% 2.36% 0.84% 4.16% 1.82% 2.48% 3.3%
Price to Book 4.62 x 4.79 x 8.38 x 6.15 x 4.5 x 4.68 x 4.19 x 3.71 x
Nbr of stocks (in thousands) 688,390 688,390 688,390 688,390 688,390 688,390 - -
Reference price 2 148.1 230.8 549.4 503.2 459.6 532.0 532.0 532.0
Announcement Date 19-05-06 20-06-05 21-06-01 22-05-10 23-05-10 24-05-06 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 77,544 103,003 98,542 164,562 167,594 156,902 168,076 189,283
EBITDA 1 9,846 16,343 20,878 20,763 23,920 18,764 22,395 25,790
EBIT 1 6,966 13,163 17,470 16,914 19,637 14,021 17,342 20,244
Operating Margin 8.98% 12.78% 17.73% 10.28% 11.72% 8.94% 10.32% 10.7%
Earnings before Tax (EBT) 1 5,956 12,080 17,048 17,134 20,247 15,346 18,532 21,743
Net income 1 4,184 11,988 12,777 12,856 15,284 11,437 13,425 16,219
Net margin 5.4% 11.64% 12.97% 7.81% 9.12% 7.29% 7.99% 8.57%
EPS 2 6.080 17.41 18.56 18.68 22.20 16.61 20.38 23.66
Free Cash Flow 1 4,185 8,244 9,038 2,954 12,888 6,460 8,680 11,273
FCF margin 5.4% 8% 9.17% 1.8% 7.69% 4.18% 5.16% 5.96%
FCF Conversion (EBITDA) 42.5% 50.45% 43.29% 14.23% 53.88% 34.79% 38.76% 43.71%
FCF Conversion (Net income) 100% 68.77% 70.74% 22.98% 84.32% 55.71% 64.66% 69.5%
Dividend per Share 2 1.000 1.250 2.000 2.000 6.650 5.148 5.841 7.288
Announcement Date 19-05-06 20-06-05 21-06-01 22-05-10 23-05-10 24-05-06 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 30,109 36,145 51,444 46,694 39,765 36,843 39,286 37,815 39,507 40,760 40,764
EBITDA 1 7,229 4,210 2,375 6,974 6,427 5,823 5,603 3,880 4,213 4,791 5,099
EBIT - - 1,406 5,954 5,363 4,730 - 2,729 - 2,672 4,971
Operating Margin - - 2.73% 12.75% 13.49% 12.84% - 7.22% - 6.55% 12.19%
Earnings before Tax (EBT) 1 6,378 3,343 1,619 5,867 5,418 4,974 - 4,200 - 3,340 4,490
Net income 1 4,767 2,491 1,229 4,443 4,044 3,716 3,705 2,160 2,403 2,950 3,129
Net margin 15.83% 6.89% 2.39% 9.51% 10.17% 10.09% 9.43% 5.71% 6.08% 7.24% 7.68%
EPS 6.920 3.620 1.790 6.450 5.870 5.400 - 3.140 - 4.300 5.600
Dividend per Share - - - - - - - - - - -
Announcement Date 21-08-05 21-10-28 22-02-08 22-05-10 22-11-10 23-02-13 23-05-10 23-08-02 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,760 11,403 4,490 3,697 - - - -
Net Cash position 1 - - - - 6,810 11,384 16,674 24,401
Leverage (Debt/EBITDA) 1.804 x 0.6977 x 0.2151 x 0.178 x - - - -
Free Cash Flow 1 4,185 8,244 9,038 2,954 12,888 6,460 8,680 11,273
ROE (net income / shareholders' equity) 21.2% 43.4% 32.6% 25.4% 24.1% 15.1% 16.6% 17.3%
ROA (Net income/ Total Assets) 6.24% 15.9% 15.6% 14.2% 14.9% 11.4% 12.3% 13%
Assets 1 67,084 75,415 82,026 90,632 102,574 101,800 109,330 125,189
Book Value Per Share 2 32.00 48.20 65.50 81.80 102.0 114.0 127.0 143.0
Cash Flow per Share 6.080 20.60 24.00 24.10 34.50 23.70 - -
Capex 1 5,376 5,956 7,513 13,663 10,867 10,876 10,175 10,233
Capex / Sales 6.93% 5.78% 7.62% 8.3% 6.48% 7.03% 6.05% 5.41%
Announcement Date 19-05-06 20-06-05 21-06-01 22-05-10 23-05-10 24-05-06 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
27
Last Close Price
532 INR
Average target price
510.9 INR
Spread / Average Target
-3.96%
Consensus
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