Company Overview
As of May 1. 2026, Gujarat State Petronet Limited was acquired by Gujarat Energy Limited. Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India. The company develops energy transportation infrastructure and connects natural gas supply sources, including LNG terminals to various markets. It also operates city gas distribution and trading of natural gas business, as well as generates electricity through windmills. The company transports natural gas to various customers, including refineries, steel plants, fertilizer plants, petrochemical plants, power plants, glass, textiles, chemical, city gas distribution (CGD) companies, and other industries in various segments. Gujarat State Petronet Limited was incorporated in 1998 and is based in Gandhinagar, India.
Why Investors Should Care
Trades at an undemanding P/E of 14.1.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2025 Revenue of ₹17,275.63 Cr (+0.4% YoY); net profit ₹1,111.08 Cr.
- Trailing 12 Months Year-on-year growth — revenue +0.4%, earnings -33.1%.
- 5-Year Trend Long-term compounding — revenue CAGR -1.2%, profit CAGR -12.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -1.21% |
| 1 Year: | 0.40% |
Compounded Profit Growth
| 5 Years: | -12.14% |
| 1 Year: | -33.05% |
Stock Price Performance
| 1 Year: | - |
| 6 Months: | - |
| 3 Months: | - |
| 1 Month: | - |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
CONS
- Revenue declined at -1.2% CAGR over 5 years.
- Earnings shrank at -12.1% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,998.00 Cr | 4,270.00 Cr | 4,108.00 Cr | 4,265.00 Cr | 4,389.00 Cr | 4,532.00 Cr | 4,727.00 Cr | - | 4,360.47 Cr | 4,196.03 Cr | 4,106.91 Cr | 4,007.87 Cr | 3,885.00 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 3,398.23 Cr | 3,855.41 Cr | 2,996.06 Cr | 2,982.46 Cr | 2,872.32 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 962.24 Cr | 340.62 Cr | 1,110.85 Cr | 1,025.42 Cr | 1,012.68 Cr |
| Operating Expenses | 3,149.00 Cr | 3,433.00 Cr | 3,394.00 Cr | 3,351.00 Cr | 3,608.00 Cr | 3,570.00 Cr | 3,905.00 Cr | - | 568.36 Cr | -83.86 Cr | 1,026.83 Cr | 592.33 Cr | 588.38 Cr |
| Operating Income | 691.00 Cr | 680.00 Cr | 554.00 Cr | 749.00 Cr | 613.00 Cr | 793.00 Cr | 651.00 Cr | - | 393.88 Cr | 424.48 Cr | 84.02 Cr | 433.09 Cr | 424.30 Cr |
| EBITDA | 849.00 Cr | 837.00 Cr | 715.00 Cr | 914.00 Cr | 781.00 Cr | 962.00 Cr | 822.00 Cr | - | 648.92 Cr | 676.12 Cr | 1,398.45 Cr | 723.08 Cr | 707.95 Cr |
| Interest Expense | 15.00 Cr | 6.00 Cr | 8.00 Cr | 14.00 Cr | 8.00 Cr | 8.00 Cr | 8.00 Cr | - | 9.54 Cr | 11.02 Cr | 8.35 Cr | 8.47 Cr | 9.06 Cr |
| Pretax Income | 718.00 Cr | 719.00 Cr | 586.00 Cr | 789.00 Cr | 661.00 Cr | 899.00 Cr | 712.00 Cr | - | 460.10 Cr | 485.71 Cr | 626.13 Cr | 527.04 Cr | 510.16 Cr |
| Tax Provision | 186.68 Cr | 172.56 Cr | 152.36 Cr | 197.25 Cr | 165.25 Cr | 233.74 Cr | 185.12 Cr | - | 124.66 Cr | 133.46 Cr | 39.84 Cr | 138.01 Cr | 131.11 Cr |
| Net Income | 530.00 Cr | 543.00 Cr | 434.00 Cr | 590.00 Cr | 496.00 Cr | 663.00 Cr | 527.00 Cr | - | 234.14 Cr | 220.30 Cr | 314.68 Cr | 260.77 Cr | 256.75 Cr |
| Diluted EPS | 6.37 | 6.61 | 5.94 | 8.06 | 7.00 | 8.42 | 6.65 | 4.99 | 4.15 | - | 5.56 | 4.62 | 4.55 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,051.00 Cr | 1,065.00 Cr | 992.00 Cr | 5,901.00 Cr | 7,261.00 Cr | 9,345.00 Cr | 12,244.00 Cr | 11,535.00 Cr | 17,918.26 Cr | 18,025.64 Cr | 17,207.46 Cr | 17,275.63 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 13,809.23 Cr | 13,675.02 Cr | 13,025.13 Cr | 13,703.04 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 4,109.02 Cr | 4,350.62 Cr | 4,182.33 Cr | 3,572.58 Cr |
| Operating Expenses | 122.00 Cr | 136.00 Cr | 126.00 Cr | 4,260.00 Cr | 5,217.00 Cr | 6,805.00 Cr | 9,027.00 Cr | 7,961.00 Cr | 1,184.40 Cr | 1,288.23 Cr | 1,435.79 Cr | 1,560.91 Cr |
| Operating Income | 745.00 Cr | 739.00 Cr | 683.00 Cr | 1,206.00 Cr | 1,597.00 Cr | 2,072.00 Cr | 2,699.00 Cr | 3,032.00 Cr | 2,924.62 Cr | 3,062.39 Cr | 2,746.54 Cr | 2,011.67 Cr |
| EBITDA | 929.00 Cr | 928.00 Cr | 866.00 Cr | 1,642.00 Cr | 2,044.00 Cr | 2,540.00 Cr | 3,217.00 Cr | 3,574.00 Cr | 3,621.80 Cr | 3,789.24 Cr | 3,630.95 Cr | 2,980.68 Cr |
| Interest Expense | 142.00 Cr | 118.00 Cr | 80.00 Cr | 278.00 Cr | 242.00 Cr | 427.00 Cr | 369.00 Cr | 227.00 Cr | 85.61 Cr | 43.63 Cr | 32.08 Cr | 37.37 Cr |
| Pretax Income | 660.00 Cr | 664.00 Cr | 697.00 Cr | 1,046.00 Cr | 1,477.00 Cr | 1,780.00 Cr | 2,438.00 Cr | 2,936.00 Cr | 2,956.57 Cr | 3,124.80 Cr | 2,934.73 Cr | 2,234.15 Cr |
| Tax Provision | 237.60 Cr | 252.32 Cr | 230.01 Cr | 324.26 Cr | 516.95 Cr | 587.40 Cr | 170.66 Cr | 734.00 Cr | 725.58 Cr | 782.79 Cr | 751.00 Cr | 596.75 Cr |
| Net Income | 417.00 Cr | 488.00 Cr | 465.00 Cr | 718.00 Cr | 958.00 Cr | 1,190.00 Cr | 2,279.00 Cr | 2,192.00 Cr | 1,638.28 Cr | 1,641.50 Cr | 1,659.53 Cr | 1,111.08 Cr |
| Diluted EPS | 7.39 | 8.64 | 8.26 | 9.84 | 13.15 | 17.71 | 30.65 | 28.48 | 29.04 | 29.09 | 29.41 | 19.69 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 5,625.00 Cr | 5,868.00 Cr | 5,838.00 Cr | 11,808.00 Cr | 11,963.00 Cr | 12,461.00 Cr | 13,350.00 Cr | 14,169.00 Cr | 15,294.04 Cr | 17,315.91 Cr | 19,055.84 Cr | 20,806.98 Cr | 21,923.00 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,790.94 Cr | 3,135.63 Cr | 4,010.80 Cr | 5,597.63 Cr | - |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 93.57 Cr | 810.37 Cr | 924.23 Cr | 367.77 Cr | - |
| Inventory | - | - | - | - | - | - | - | - | 242.42 Cr | 273.27 Cr | 269.49 Cr | 318.93 Cr | - |
| Receivables | - | - | - | - | - | - | - | - | 962.16 Cr | 1,005.78 Cr | 1,006.84 Cr | 966.39 Cr | - |
| Total Liabilities | - | - | - | - | - | - | - | - | 4,776.62 Cr | 4,627.56 Cr | 4,673.20 Cr | 5,251.83 Cr | - |
| Current Liabilities | - | - | - | - | - | - | - | - | 2,818.46 Cr | 3,018.06 Cr | 3,025.14 Cr | 3,532.22 Cr | - |
| Long Term Debt | - | - | - | - | - | - | - | - | 390.97 Cr | 0 | - | - | - |
| Total Debt | 1,429.00 Cr | 1,157.00 Cr | 1,067.00 Cr | 2,989.00 Cr | 5,386.00 Cr | 4,579.00 Cr | 3,629.00 Cr | 2,003.00 Cr | 712.84 Cr | 149.39 Cr | 139.61 Cr | 138.13 Cr | 140.00 Cr |
| Total Equity | 3,386.00 Cr | 3,780.00 Cr | 3,986.00 Cr | 4,526.00 Cr | 2,429.00 Cr | 3,295.00 Cr | 4,884.00 Cr | 6,391.00 Cr | 7,918.74 Cr | 9,448.90 Cr | 10,824.87 Cr | 11,645.78 Cr | 11,941.00 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 56.42 Cr | 56.42 Cr | 56.42 Cr | 56.42 Cr | - |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 644.00 Cr | 626.00 Cr | 603.00 Cr | 1,644.00 Cr | 1,669.00 Cr | 2,044.00 Cr | 2,771.00 Cr | 2,897.00 Cr | 2,748.02 Cr | 3,339.97 Cr | 2,803.40 Cr | 2,740.85 Cr |
| Investing Cash Flow | -708.00 Cr | -201.00 Cr | -321.00 Cr | -835.00 Cr | -3,593.00 Cr | -612.00 Cr | -806.00 Cr | -1,080.00 Cr | -1,359.42 Cr | -1,815.49 Cr | -2,142.20 Cr | -2,753.73 Cr |
| Financing Cash Flow | -338.00 Cr | -438.00 Cr | -297.00 Cr | -879.00 Cr | 2,013.00 Cr | -1,382.00 Cr | -1,494.00 Cr | -2,096.00 Cr | -1,659.32 Cr | -804.53 Cr | -547.33 Cr | -543.58 Cr |
| Capital Expenditure | -362.00 Cr | -300.00 Cr | -177.00 Cr | -585.00 Cr | -745.00 Cr | -754.00 Cr | -703.00 Cr | -856.00 Cr | -1,291.72 Cr | -1,278.02 Cr | -1,253.49 Cr | -975.92 Cr |
| Free Cash Flow | 282.00 Cr | 326.00 Cr | 426.00 Cr | 1,059.00 Cr | 924.00 Cr | 1,290.00 Cr | 2,068.00 Cr | 2,041.00 Cr | 1,456.30 Cr | 2,061.94 Cr | 1,549.91 Cr | 1,764.92 Cr |
| Net Change in Cash | -402.00 Cr | -13.00 Cr | -15.00 Cr | -70.00 Cr | 89.00 Cr | 50.00 Cr | 471.00 Cr | -279.00 Cr | -270.72 Cr | 719.95 Cr | 113.87 Cr | -556.46 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 22.9% | 24.1% | 24.3% | 20.7% |
| Operating Margin % | 70.9% | 69.4% | 68.9% | 20.4% | 22.0% | 22.2% | 22.0% | 26.3% | 16.3% | 17.0% | 16.0% | 11.6% |
| Net Margin % | 39.7% | 45.8% | 46.9% | 12.2% | 13.2% | 12.7% | 18.6% | 19.0% | 9.1% | 9.1% | 9.6% | 6.4% |
| ROE % | 12.3% | 12.9% | 11.7% | 15.9% | 39.4% | 36.1% | 46.7% | 34.3% | 20.7% | 17.4% | 15.3% | 9.5% |
| ROCE % | - | - | - | - | - | - | - | - | 23.4% | 21.4% | 17.1% | 11.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for GSPL
Qatar crisis sparks European gas surge, jolts Indian gas stocks - TradingView
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxPYVY4TGZUUnYyd1M3TXhSTDhDcndjSEZ0SXYtdkFRZ19MN3I5cnRHaFVtVzdKWEZ1U2xnYUtMN0M4dmllemp5UmF6bmxUT3Z6WGF0bjUzV1IzVzhsdjN2elRtdkJ4V21NNDN0VnVSb1pLeGI5bk1KRWxRRDFIbVJHN2V4bVc4U0ZsNUdocU…
Gujarat Gas Limited completed the Spin-Off of GSPL Transmission Limited. - marketscreener.com
<a href="https://news.google.com/rss/articles/CBMiwgFBVV95cUxPSGpGQzM2cnpQaHVDaXlOMDl5SVgxckNWM0d4U1RpMUJ3Y0FUTXd1MHNkdUNzRWxqSzlFZ2pkVTRTMjhnMFo0TUFUaEVQLWpVcHhycU9fV08yRFZLV1k2UlZWWmh2ek8yNGYzY2pubGtNd1Y5cjRod19mTC01am13U2h4d3NGYnZKSldGVD…
GSPC, GSPL merge into Gujarat Gas; entity to be renamed Gujarat Energy Limited - The Indian Express
<a href="https://news.google.com/rss/articles/CBMi0wFBVV95cUxQZjk0MjJKaHhXLS1sMUNXWllmRWNPcmhHZE5PdHBQLTlZR2dYbFd3ZHd0dHpKdU55dGNjdDloNVozQTlSYzliWnVDVE1WSDhRa0dENDktclFvTVlrRXJiOFhFYWdBV1hUTnIxUWd3bTZZUDItZkw4ODY2Zm43c0FpcnoxTE4wVTNXaDJmTz…
Cipla, GSPL among 6 stocks that hit 52-week lows; slip up to 24% in a month - The Economic Times
<a href="https://news.google.com/rss/articles/CBMi6gFBVV95cUxPQ2pLZzdZOXUyUHlXenJvWHl5WmxZYm54blNiME5rZVh4V1JPdXBVN2lmaXlMVTNhQjJVSHhoQXdtLU5NV2M0N2tvMDdPWi1PWGJMUUZvX3VqTFo3M3UwNWpleXNfY3pXdXAyX0NWUGJERUg0MDg0YUFUYnZ5RF8wVFlua0wyZnhkeDJYUl…
Buzzing Stocks: GSPL, VST Industries, Waaree Renewable jump; Wipro, HDFC Life slip - Moneycontrol.com
<a href="https://news.google.com/rss/articles/CBMi2wFBVV95cUxOVkV1cjNEc0pSVHRXV3NqVzFvUXF1Y1kzajlocGp2YkNYMEtKZDBsZDBGVlJmdlEzOWFZWWxvOWZDT1BRa3RTcnVrUWUxODdiOGxmVS1RNlFzRWc4Tjk1WGdkYjljVHZVVk13ZnVqdVhTLTAwQzZaa3pfMEdXalptU0JqMlhKVTg5M0VNN2…
Gujarat Gas gets NSE, BSE nod for listing of 62.27 cr shares - BusinessLine
<a href="https://news.google.com/rss/articles/CBMi2AFBVV95cUxPbnFFc0dodVVROUZSWDBSbVNNMkw5WnZsZjhoVkU0U1puVUxRckVQMGNvNHd5TEVXOWhyak1Pc0JZUjdzSVRBSHIyT21Sck9nV0l0NUdpeGlWelNUWDlNeUlsZnlxZlJ4ZHJvU2tLWWdRVzNXYXdmdTBqYk1ldEpQM0NkLWxOMW9sckswaG…
GSPL — Frequently Asked Questions
What is the current share price of Gujarat State Petronet Limited (GSPL)?
As of 2026-07-15 09:52 IST, Gujarat State Petronet Limited (GSPL) trades at ₹277.00 on NSE. Its 52-week range is ₹277.00 to ₹277.00.
What is the market capitalisation of GSPL?
Gujarat State Petronet Limited (GSPL) has a market capitalisation of ₹15,628.66 Cr on NSE.
What is the P/E ratio of GSPL?
GSPL trades at a trailing price-to-earnings (P/E) ratio of 14.07. Its price-to-book (P/B) ratio is 1.31.
What is the return on equity (ROE) of GSPL?
GSPL has a return on equity (ROE) of 9.30%. Its return on capital employed (ROCE) is 13.15%.
Is GSPL a good stock to buy?
This page provides a data-driven analysis of Gujarat State Petronet Limited (GSPL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.