1. India Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
Gujarat Energy Ltd

Gujarat Energy Ltd

GUJENERGY.NS
Gujarat Energy LtdIN flagNational Stock Exchange of India
289.70
INR
+3.25
- -
271.81BMarket Cap
Gujarat Energy Ltd
GUJENERGY.NS
(National Stock Exchange of India)

Recent

price

289.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
37.19
47.82
48.83
- -
129.8
87.96
73.4
89.11
112.14
149.07
142.68
237.93
242.09
226.57
401.15
343.04
248.42
Revenue per Share
4.25
4.46
5.76
- -
6.44
2.76
3.21
4.25
6.08
17.41
18.45
18.7
22.2
16.61
59.77
29.33
17.8
Basic EPS, GAAP
2.98
4.78
- -
- -
17.14
9.26
10.18
11.4
14.01
11.97
13.12
4.29
18.72
11.58
35.1
25.68
- -
Free Cash Flow per Basic Share
5.12
4.43
- -
- -
- -
1.21
0.6
0.73
0.97
1.22
1.25
2
2
6.65
5.15
2.67
- -
Dividend per Share
8.63
10.56
- -
- -
4.97
8.02
12.41
15.93
20.85
37
54.17
70.88
91.1
101.13
112.24
0.91
0.91
Book Value per Share
12.09
14.46
- -
- -
18.63
19.2
20.25
22.76
27.32
43.31
59.2
75.53
94.8
104.11
115.28
265.53
265.53
Tangible Book Value per Share
641
642
641
138
688
688
688
688
688
688
688
688
688
688
688
688
688
Basic Weighted Avg Shares
23,850
30,674
31,313
- -
89,355
60,506
50,496
61,342
77,195
102,620
98,218
163,792
166,652
155,968
276,149
236,144
171,016
Sales/Revenue/Turnover
14.62
11.84
15.08
- -
9.82
8.18
10.02
10.47
9.22
13.02
18.01
10.62
12.07
9.2
9.45
9.12
8.18
Operating Margin (%)
602
658
765
- -
2,377
2,454
2,573
2,718
2,880
3,180
3,436
3,849
4,283
4,743
10,621
8,989
6,245
Depreciation Expense
2,735
2,866
3,694
- -
4,436
1,900
2,206
2,924
4,184
11,988
12,704
12,874
15,284
11,437
41,146
20,189
12,255
Net Income, GAAP
30.08
29.53
31.2
- -
30.85
25.73
- -
37.01
29.75
0.76
25.16
24.94
24.62
25.6
- -
31.27
33.81
Effective Tax Rate (%)
11.47
9.34
11.8
- -
4.96
3.14
4.37
4.77
5.42
11.68
12.93
7.86
9.17
7.33
14.9
8.55
7.17
Profit Margin (%)
3,149
4,064
- -
- -
-13,254
-13,568
-8,727
-7,980
-6,404
-3,790
-9,734
-11,207
-8,242
-5,861
9
46,878
46,878
Working Capital
- -
- -
- -
- -
14,887
17,066
22,914
22,130
20,892
18,794
8,403
5,163
1,239
1,178
1,152
30,522
30,522
LT Debt
8,106
9,746
- -
- -
14,496
15,233
16,637
18,664
22,053
33,174
44,776
56,299
70,280
77,225
84,896
188,581
188,581
Total Equity
29.48
29.75
69.73
- -
25.84
8.57
- -
9.84
11.62
27.12
24.48
22.33
22.62
14.22
- -
9.63
6.02
Return on Invested Capital (%)
38.52
45.67
107.33
- -
37.43
11.5
- -
12.53
15.73
33.68
29.16
26.03
26.13
17.22
- -
43.66
25.37
Return on Capital (%)
38.89
46.53
109.08
- -
259.36
42.52
31.39
29.99
33.05
60.21
40.49
29.91
27.41
17.29
56.03
51.84
31.47
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
348
- -
1,913
LT Borrowings
- -
- -
29,144
LT Finance Leases
1,164
- -
1,378
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
688
- -
688
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
36,344
- -
101,076
Cash, Cash Equivalents & STI
24,467
- -
68,921
Accounts Receivable, Net
9,546
- -
17,524
Inventories
608
- -
11,216
Total Current Liabilities
34,552
- -
54,198
Payables & Accruals
- -
- -
- -
ST Debt
348
- -
1,913
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.75%
38.5%
122.13%
Free Cash Flow
44.71%
81.43%
-26.86%
Net Income, GAAP
48.79%
40.74%
-50.93%
Sales/Revenue/Turnover
18.41%
24.93%
-14.49%
Total Cash Common Dividend
25.34%
44.14%
-48.21%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37,815
38,454
39,291
40,408
155,968
2025
44,503
37,818
41,529
63,634
276,149
2026
38,709
37,804
36,584
57,918
236,144

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.14
4.3
3.21
- -
16.61
2025
4.8
4.48
3.21
0.45
59.77
2026
4.76
4.06
3.88
5.1
29.33

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.65
2025
- -
- -
- -
- -
5.15
2026
- -
- -
- -
- -
2.67
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Business
Gujarat Energy Ltd is an energy solutions company engaged in the development, distribution, and management of gas-based energy products and services, focusing on clean fuel delivery, gas distribution, and related infrastructure across India, with headquarters in Gandhinagar, Gujarat, and founded in 2000. Main products and services: gas pipeline-based retail and industrial gas supply; city gas distribution through licensed networks; liquefied petroleum gas (LPG) and piped natural gas (PNG) distribution; compressed natural gas (CNG) for transportation; supply of industrial and commercial gases for manufacturing and processing sectors; marketing and sale of natural gas and utility services through regulated distribution frameworks; gas infrastructure development and maintenance services; engineering, procurement, and construction (EPC) services for gas distribution networks; operation and supervision of city gas distribution projects; safety, metering, and billing services for customers; customer support and service maintenance programs. Latest major company changes: entered into strategic collaborations and partnerships to expand distribution footprint and enhance network reliability; completes acquisitions and stake acquisitions in allied energy services and infrastructure ventures; launches new city gas distribution projects and tariff-compliant service offerings; pursues business expansions into new geographic regions within India and potential international collaborations; undergoes organizational changes to strengthen operational efficiency and governance in the last 1-2 years. Industry and business segments: gas distribution and supply; city gas distribution networks; downstream gas-based energy services; EPC and project management; safety, metering, and customer services; energy infrastructure development. Target markets and customer types: industrial, commercial, and residential customers; automotive segment for CNG; public sector and government-backed energy projects; partner utilities and distributors. Geographic operations: operates primarily in India with licensed city gas distribution areas across multiple states, including Gujarat and neighboring regions; potential expansion into additional regional markets through new licenses and partnerships. Founding year and headquarters: founded in 2000; headquarters in Gandhinagar, Gujarat, India. Subsidiaries and parent relationships: subsidiaries and group entities execute specific gas distribution licenses and related services; operates within a corporate structure aligned to Gujarat Energy systems and broader energy portfolio. Notes: As a leading player in the Indian gas distribution sector, Gujarat Energy Ltd emphasizes expanding its city gas distribution footprint, improving pipeline infrastructure, and delivering safe, reliable, and affordable gas-based energy solutions to a broad spectrum of customers, while pursuing strategic partnerships and project expansions to enhance service coverage and operational efficiency.