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Gujarat State Petronet Ltd share price logo

Gujarat State Petronet Ltd

(GSPL)

₹401.151.23%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 23 analysts

HOLD

43.48%

Buy

43.48%

Hold

13.04%

Sell

Based on 23 analysts offering long term price targets for Gujarat State Petronet Ltd. An average target of ₹391.09

Source: S&P Global Market Intelligence

Gujarat State Petronet Ltd Share analysis

Gujarat State Petronet Ltd price forecast by 23 analysts

Downside of-3.71%

High

₹480

Target

₹391.09

Low

₹275

Gujarat State Petronet Ltd target price ₹391.09, a slight downside of -3.71% compared to current price of ₹401.15. According to 23 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹396.05
    ₹406
  • 52 Week's Low

    52 Week's High

    ₹254.5
    ₹469.7
1 Month Return+ 26.9 %
3 Month Return+ 33.67 %
1 Year Return+ 44.1 %
Previous Close₹406.15
Open₹406.00
Volume30.44L
Upper Circuit-
Lower Circuit-
Market Cap₹22,915.45Cr

Key Statistics

P/E Ratio13.48
PEG Ratio3.87
Market Cap₹22,915.45 Cr
P/B Ratio1.96
EPS38.7
Dividend Yield1.4
SectorGas Distribution
ROE13.15

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹22,915.45 Cr17.42%0.51₹2,183 Cr₹17,294 Cr
HOLD₹38,367.04 Cr12.99%0.51₹1,983 Cr₹14,000 Cr
HOLD₹42,952.10 Cr53.73%0.52₹1,143 Cr₹15,690 Cr
SELL₹50,122.50 Cr5.38%0.59₹3,527 Cr₹52,729 Cr
HOLD₹1,44,474.66 Cr28.85%0.64₹9,902 Cr₹1,33,228 Cr

Company Information

Gujarat State Petronet Ltd (GSPL) is a leading natural gas infrastructure company in India. Incorporated in 1998, GSPL is a joint venture between Gujarat State Petroleum Corporation Ltd, Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd.

GSPL is engaged in the business of laying, operating and maintaining natural gas pipelines and providing related services. It operates an extensive network of natural gas pipelines across the states of Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Goa, and Dadra & Nagar Haveli. GSPL also provides services such as gas transportation, gas trading, gas storage, and gas utilization.

GSPL's top products include natural gas, liquefied natural gas (LNG) and compressed natural gas (CNG). Its popular brands include GSPL, GSPL LNG, GSPL CNG and GSPL Gas. GSPL also provides services such as gas transportation, gas trading, gas storage and gas utilization.

Share Price: ₹401.15 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹22,915.45Cr as of today
Revenue: ₹4,727.01Cr as on June 2024 (Q2 24)
Net Profit: ₹526.55Cr as on June 2024 (Q2 24)
Listing date: 16 Feb, 2006
Chairperson Name: RAJ KUMAR
OrganisationGujarat State Petronet Ltd
HeadquartersGandhinagar
IndustryGas Distribution
E-voting on sharesClick here to vote

Key events for Gujarat State Petronet Ltd

  • Gujarat State Petronet Ltd Announces Merger Plans - 13 Sep, 2024

    Gujarat State Petronet Ltd plans to merge with GSPL and Gujarat State Petroleum, including its subsidiary GSPC Energy, to enhance operational efficiencies and streamline ownership structure.

  • GSPL Merger to Enhance Pipeline Operations Stability - 10 Sep, 2024

    GSPL is undergoing a merger that will transfer its pipeline operations to GSPL Transmission Ltd, expected to maintain stable volume and revenue amidst changing energy demands.

  • Morgan Stanley Upgrades GSPL Rating and Target Price - 04 Sep, 2024

    Morgan Stanley has upgraded Gujarat State Petronet Ltd (GSPL) to Equal-weight from Underweight, raising the target price to Rs 452. The upgrade reflects the removal of the holdco discount and aligns with Gujarat Gas as restructuring is expected by August 2025.

  • GSPL Gains Momentum Following Gujarat Gas Merger Announcement - 02 Sep, 2024

    Gujarat State Petronet Ltd (GSPL) experiences significant stock gains following the announcement of a merger with Gujarat Gas and restructuring plans. The stock surged up to 47% over 11 days, with various approvals expected in the coming months. Shareholders will receive shares in Gujarat Gas, enhancing investor sentiment.

  • GSPL Approves Merger with GSPC and GEL - 01 Sep, 2024

    Gujarat State Petronet Limited has approved a restructuring plan to merge with Gujarat State Petroleum Corporation and GSPC Energy Limited into Gujarat Gas Limited, with specific share exchange terms for GSPL shareholders.

  • GSPL Shareholders to Receive Equity Shares in GGL - 31 Aug, 2024

    Gujarat State Petronet Ltd (GSPL) shareholders will receive 10 equity shares of Gujarat Gas Limited for every 13 shares held. GSPL shares closed at Rs 442.35, up 5.50% on August 30.

  • Gujarat State Petronet Stock Surges 24% in Seven Days - 27 Aug, 2024

    Gujarat State Petronet shares increased 24.25% over seven trading sessions, reaching a high of Rs 407.05. The stock outperformed the market significantly, with a 42.07% rise over the past year. Q1 FY25 net profit grew 11.9% to Rs 374.97 crore.

  • Gujarat State Petronet Sees Surge in Trading Volume - 26 Aug, 2024

    On August 26, 2024, Gujarat State Petronet Ltd experienced a significant trading volume of 1.87 lakh shares, a 6.19 times increase over its two-week average. The stock rose by 6.91% to Rs. 361.85, indicating strong investor interest.

Insights on Gujarat State Petronet Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 19.95% to 20.94% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 4.14K Cr → 4.79K Cr (in ₹), with an average increase of 3.6% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 15.67% to 15.85% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 37.63% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 120.0% return, outperforming this stock by 91.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given 77.9% return, outperforming this stock by 33.8%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 22.31% to 22.16% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 474.97 Cr → 374.97 Cr (in ₹), with an average decrease of 21.1% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GSPL stock has moved down by -5.7%

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹4,108.33Cr (-)₹4,265.22Cr (↑3.82%)₹4,389.08Cr (↑2.90%)₹4,532.20Cr (↑3.26%)₹4,727.01Cr (↑4.30%)
Net Income₹434.03Cr (-)₹590.40Cr (↑36.03%)₹496.20Cr (↓15.96%)₹663.11Cr (↑33.64%)₹526.55Cr (↓20.59%)
Net Profit Margin10.56% (-)13.84% (↑31.06%)11.31% (↓18.28%)14.63% (↑29.35%)11.14% (↓23.86%)
Value in ₹ crore
Details2021202220232024
Total Assets₹9,405.75Cr (-)₹9,371.50Cr (↓0.36%)₹10,124.50Cr (↑8.03%)₹11,122.74Cr (↑9.86%)
Total Liabilities₹1,860.75Cr (-)₹928.59Cr (↓50.10%)₹851.32Cr (↓8.32%)₹852.67Cr (↑0.16%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,360.23Cr (-)₹1,241.22Cr (↓8.75%)₹1,075.17Cr (↓13.38%)₹966.35Cr (↓10.12%)₹1,172.42Cr (↑21.32%)

Index Inclusions

S&P BSE Infra.

₹692.73

-0.4 (-2.78%)

S&P BSE Energy

₹13,015.10

-0.9 (-118.37%)

Nifty Smallcap 50

₹9,343.25

-0.38 (-35.7%)

S&P BSE SmallCap Select

₹8,482.33

-0.8 (-68.38%)

Nifty Small 100

₹19,389.75

-0.39 (-75.8%)

Nifty Smallcap 250

₹18,475.80

-0.34 (-62.5%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

BSE Small-Cap

₹56,915.93

-0.52 (-299.02%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

S&P BSE 250 SmallCap

₹7,474.28

-0.39 (-29.58%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
37.63%
0.00
Foreign Institutions
15.85%
1.12
Mutual Funds
22.16%
-0.69
Retail Investors
20.94%
4.95
Others
3.43%
-22.74

Key Indicators

Details20202021202220232024
Return On Equity %17.7912.9612.6310.6713.15
Details20202021202220232024
Return On Assets %18.9317.0817.4816.2114.92
Details20202021202220232024
Book Value Per Share (₹)86.59113.27140.35167.47191.86
Details20202021202220232024
Earning Per Share (₹)40.3938.8639.5441.5138.7

Gujarat State Petronet Ltd Valuation

Gujarat State Petronet Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.43x)

March 24, 2020

Today (13.48x)

September 17, 2024

Industry (21.95x)

September 17, 2024

Highest (15.28x)

September 5, 2024

LowHigh

Earnings and Dividends

  • Gujarat State Petronet Ltd Earnings Results

    Gujarat State Petronet Ltd’s net profit jumped 11.92% since last year same period to ₹374.97Cr in the Q1 2024-2025. On a quarterly growth basis, Gujarat State Petronet Ltd has generated -21.05% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Gujarat State Petronet Ltd Dividends May,2024

    In the quarter ending March 2024, Gujarat State Petronet Ltd has declared dividend of ₹5 - translating a dividend yield of 2.46%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Gujarat State Petronet Ltd is currently in a Neutral trading position according to technical analysis indicators.

Frequently Asked Questions

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Gujarat State Petronet Ltd (GSPL) share price today is ₹401.15

Gujarat State Petronet Ltd is listed on NSE

Gujarat State Petronet Ltd is listed on BSE

  • Today’s highest price of Gujarat State Petronet Ltd is ₹406.
  • Today’s lowest price of Gujarat State Petronet Ltd is ₹396.05.

PE Ratio of Gujarat State Petronet Ltd is 13.48

PE ratio = Gujarat State Petronet Ltd Market price per share / Gujarat State Petronet Ltd Earnings per share

Today’s traded volume of Gujarat State Petronet Ltd(GSPL) is 30.44L.

Today’s market capitalisation of Gujarat State Petronet Ltd(GSPL) is ₹22915.45Cr.

Gujarat State Petronet Ltd(GSPLPrice
52 Week High
₹469.7
52 Week Low
₹254.5

Gujarat State Petronet Ltd(GSPL) share price is ₹401.15. It is down -14.59% from its 52 Week High price of ₹469.7

Gujarat State Petronet Ltd(GSPL) share price is ₹401.15. It is up 57.62% from its 52 Week Low price of ₹254.5

Gujarat State Petronet Ltd(GSPLReturns
1 Day Returns
-5%
1 Month Returns
26.9%
3 Month Returns
33.67%
1 Year Returns
44.1%