Gujarat Gas Share PriceGujarat Gas

₹422.9
7.95 (1.92%)
As on 01 October, 2023 | 12:09 BSE: 539336 NSE: GUJGASLTDISIN: INE844O01030

Gujarat Gas Performance

Day Range

  • Low 416
  • High 424.2
422.9

52 Week Range

  • Low 414
  • High 539.1
422.9
  • Open Price417.5
  • Previous Close414.95
  • Volume1403169

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Gujarat Gas Share Price

  • Over 1 Month -7.83%
  • Over 3 Month -9.52%
  • Over 6 Month -9.95%
  • Over 1 Year -18.09%

Gujarat Gas Key Statistics

P/E Ratio 21.4
PEG Ratio 1.6
Market Cap Cr 29,112
Price to Book Ratio 4.1
EPS 22.2
Dividend 1.6
Relative Strength Index 31.13
Money Flow Index 16.75
MACD Signal -6.28
Average True Range 8.45

Gujarat Gas Investment Rating

  • Master Rating:
  • Gujarat Gas has an operating revenue of Rs. 15,513.02 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 12% is healthy, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 11 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 171 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Gujarat Gas Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,9243,9293,6843,9765,1704,669
Operating Expenses Qtr Cr 3,5363,3683,1023,3344,5633,972
Operating Profit Qtr Cr 388560582643607697
Depreciation Qtr Cr 115109109106103102
Interest Qtr Cr 768131414
Tax Qtr Cr 74107126138128142
Net Profit Qtr Cr 215369371404381444
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 16,86116,547
Operating Expenses Annual Cr 14,36714,380
Operating Profit Annual in Cr 2,3922,076
Depreciation Cr 428385
Interest Annual Cr 4057
Tax Annual Cr 499428
Net Profit Annual Cr 1,5251,286
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2,3781,662
Cash from Investing Activity Annual Cr -1,041-1,294
Cash from Financing Annual Activity Cr -678-628
Net Cash Flow Annual Cr 658-260
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 6,9965,599
Fixed Assets Annual Cr 8,3217,624
Total Non Current Assets Annual Cr 8,9168,168
Total Current Assets Annual Cr 1,9791,388
Total Assets Annual Cr 10,8959,555
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10281
ROE Annual % 2223
ROCE Annual % 2625
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1513
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,9243,9293,6843,9765,1704,669
Operating Expenses Qtr Cr 3,5363,3683,1023,3344,5633,972
Operating Profit Qtr Cr 388560582643607697
Depreciation Qtr Cr 115109109106103102
Interest Qtr Cr 768131414
Tax Qtr Cr 74107126138128142
Net Profit Qtr Cr 216371372404382444
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 16,86116,547
Operating Expenses Annual Cr 14,36714,380
Operating Profit Annual in Cr 2,3922,076
Depreciation Cr 428385
Interest Annual Cr 4057
Tax Annual Cr 499428
Net Profit Annual Cr 1,5281,287
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2,3751,662
Cash from Investing Activity Annual Cr -1,039-1,294
Cash from Financing Annual Activity Cr -678-628
Net Cash Flow Annual Cr 658-260
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 7,0285,630
Fixed Assets Annual Cr 8,3217,624
Total Non Current Assets Annual Cr 8,9488,197
Total Current Assets Annual Cr 1,9791,390
Total Assets Annual Cr 10,9279,587
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10282
ROE Annual % 2223
ROCE Annual % 2525
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1513

Gujarat Gas Technicals

EMA & SMA

Current Price
₹422.9
7.95 (1.92%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹441.55
  • 50 Day
  • ₹452.94
  • 100 Day
  • ₹462.12
  • 200 Day
  • ₹473.78
  • 20 Day
  • ₹446.57
  • 50 Day
  • ₹456.14
  • 100 Day
  • ₹467.27
  • 200 Day
  • ₹474.74

Gujarat Gas Resistance and Support

PIVOT
₹421.04
Resistance
First Resistance ₹426.07
Second Resistance ₹429.24
Third Resistance ₹434.27
RSI 31.13
MFI 16.75
MACD Single Line -6.28
MACD -9.5
Support
First Resistance ₹417.87
Second Resistance ₹412.84
Third Resistance ₹409.67

Gujarat Gas Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,533,006 83,226,896 54.29
Week 1,906,475 110,480,238 57.95
1 Month 1,628,563 89,017,235 54.66
6 Month 1,477,834 76,788,257 51.96

Gujarat Gas Result Highlights

Gujarat Gas Synopsis

NSE-Utility-Gas Distribution

Gujarat Gas is involved in the business activities of Manufacture of gas; distribution of gaseous fuels through mains. Company’s Total Operating Revenue is Rs. 16759.40 Cr. and Equity Capital is Rs. 137.68 Cr. for the Year ended 31/03/2023. Gujarat Gas Ltd. is a Public Limited Listed company incorporated on 21/02/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40200GJ2012SGC069118 and registration number is 069118.
Market Cap 29,112
Sales 15,513
Shares in Float 26.85
No of funds 242
Yield 1.57
Book Value 4.16
U/D Vol ratio 0.6
LTDebt / Equity 7
Alpha -0.12
Beta 0.68

Gujarat Gas

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 60.89%60.89%60.89%60.89%
Mutual Funds 8.44%9.82%9.42%10.61%
Insurance Companies 4.67%3.23%2.91%2.22%
Foreign Portfolio Investors 4.47%4.67%5.17%5.03%
Financial Institutions/ Banks
Individual Investors 5.79%5.58%5.59%5.48%
Others 15.74%15.81%16.02%15.77%

Gujarat Gas Management

Name Designation
Mr. Pankaj Kumar Chairman
Mr. Sanjeev Kumar Managing Director
Mr. Milind Torawane Director
Prof. Yogesh Singh Director
Mr. Bhadresh Mehta Director
Mr. Raj Kumar Director
Mr. Balwant Singh Director
Dr. Rekha Jain Director

Gujarat Gas Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Gujarat Gas Corporate Action

Date Purpose Remarks
2023-11-02 Quarterly Results
2023-08-02 Quarterly Results
2023-05-10 Audited Results & Final Dividend
2023-02-13 Quarterly Results
2022-11-10 Quarterly Results
Date Purpose Remarks
2023-09-11 FINAL Rs.6.65 per share(332.5%)Final Dividend
2022-08-22 FINAL Rs.2.00 per share(100%)Dividend
2021-09-09 FINAL Rs.2.00 per share(100%)Dividend
Date Purpose Remarks
2019-01-16 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Gujarat Gas MF Shareholding

Name Amount(cr)
ICICI Prudential Balanced Advantage Fund Growth 49102
Kotak Emerging Equity Scheme Growth 33091
Kotak Equity Arbitrage Fund Growth 25860
Axis Midcap Fund Growth 22665
ICICI Prudential Multi-Asset Fund Growth 22631
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Gujarat Gas FAQs

What is Share Price of Gujarat Gas ?

Gujarat Gas share price is ₹422 As on 01 October, 2023 | 11:55

What is the Market Cap of Gujarat Gas ?

The Market Cap of Gujarat Gas is ₹29112 Cr As on 01 October, 2023 | 11:55

What is the P/E ratio of Gujarat Gas ?

The P/E ratio of Gujarat Gas is 21.4 As on 01 October, 2023 | 11:55

What is the PB ratio of Gujarat Gas ?

The PB ratio of Gujarat Gas is 4.1 As on 01 October, 2023 | 11:55

Q2FY23