Gujarat Gas Limited Share Price and Company Fundamentals



Price
₹434
Change
-8.900 (-2.009%)
52 week
403.55 - 786.0

Last traded: Today at 9:20 AM

Gujarat Gas Limited engages in the distribution of city natural gas in India. It operates a network of approximately 30,000 kilometers of gas pipeline and 539 compressed natural gas stations. The company supplies natural gas to approximately 15.46 lakh residential consumers; and 12,900 commercial customers. It operates in 21 districts of the state of Gujarat, 9 districts of the state of Punjab, 5 districts of the state of Madhya Pradesh, 4 districts of the state of Rajasthan, 2 districts of the state of Maharashtra, 2 districts of the state of Haryana, and Dadra and Nagar Haveli in the Union Territory of Dadra and Nagar Haveli and Daman and Diu. The company was formerly known as GSPC Distribution Networks Limited and changed its name to Gujarat Gas Limited in May 2015. Gujarat Gas Limited was incorporated in 2012 and is based in Ahmedabad, India. Gujarat Gas Limited is a subsidiary of Gujarat State Petronet Limited.

Key Metrics

PE ratio

23.30

PB ratio

5.33

Dividend yield

0.45%

Beta

0.54

Market cap

-

Enterprise value

-

Company profile

Industry / SectorUtilities—Regulated Gas / Utilities
Websitehttps://www.gujaratgas.com
Mailing address2, Shanti Sadan Society Near Parimal Garden Ellisbridge Ahmedabad 380006 India
Phone / Fax91 79 2646 2980 / 91 79 2646 6249

Dividends

Dividend yield

0.45%

Dividend amount

₹2.00

Payout ratio

10.70%

5Y Avg. yield

0.39%

Gujarat Gas Limited paid ₹2.00 dividend and the ex-dividend date was 08 Sept 2021.The dividend payout ratio is 10.70%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GUJGASLTD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GUJGASLTD's forward dividend amount is ₹2 and the forward dividend yield is 0.47%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Gujarat Gas Limited.

NameTitleAgeTotal Pay
Mr. Sanjeev Kumar I.A.S., IASMD & Director51
Mr. Nitesh BhandariChief Financial Officer4511.4M
Mr. Sandeep DaveGroup GM of Secretarial & Legal, Company Sec. and Compliance Officer463.9M
Ragunath KulaiSr. VP of Technical Services
Mr. Himanshu K. UpadhyaySr. VP of HR & Admin66
Mr. Maqsood ShaikhSVP of Commercial and Mktg, CRM, Bus. Devel., Gas Sourcing & Regulations49
Mr. Dipen ChauhanSr. VP of Operations - 1
Manish GoswamiSr. VP of Ankleshwar for Operations - 1
Dinesh R. MehtaSr. VP of Surat for Operations - 1
K. S. R. PrasadSr. VP of Operations - 2

Profitability and management effectiveness

Profit margin

7.82%

Operating margin

10.28%

Return on assets

11.70%

Return on equity

25.39%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Gujarat Gas Limited is and its enterprise value is .

The GUJGASLTD's stocks Beta value is 0.54 making it 46% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Gujarat Gas Limited (NSE:GUJGASLTD) Frequently Asked Questions

1. What is Gujarat Gas Limited's Stock Symbol?

Gujarat Gas Limited trades on NSE under the ticker symbol "GUJGASLTD".

2. What is Gujarat Gas Limited's stock price today?

One share of GUJGASLTD stock can currently be purchased for approximately ₹434.

3. How can I contact Gujarat Gas Limited?

Gujarat Gas Limited's mailing address is 2, Shanti Sadan Society Near Parimal Garden Ellisbridge Ahmedabad 380006 India. The company can be reached via phone at 91 79 2646 2980.

4. What is Gujarat Gas Limited's official website?

The official website of Gujarat Gas Limited is https://www.gujaratgas.com.