Author: Prashant Marathe
Published on: May 19, 2025
Stock Price (BSE: 539336): ₹467.15 (as per Trendlyne)
⚡ At a Glance
- Company: Gujarat Gas Ltd
- Quarter: Q4 FY25
- Revenue from Operations: ₹4,288.98 Cr
- Net Profit (Full Year): ₹1,183 Cr
- EPS: Unspecified
- Dividend Declared: ₹5.82/share (Face value ₹2)
- CMP: ₹467.15 (from Trendlyne)
- Market Mood: Flat revenue, high expenses, but that dividend is sabse best
🏭 About the Company
Gujarat Gas Ltd is India’s largest city gas distributor (CGD), serving industrial, commercial, and domestic customers across Gujarat, Maharashtra, Rajasthan, and Haryana. They supply PNG, CNG, and even hope… to investors.
👥 Key Management People (KMP)
- Managing Director: Sanjeev Kumar (IAS)
- CFO: Jaydeep Patel
- Company Secretary: Riddhi Joshi
This gang knows how to keep the pipeline flowing… even when profits are under pressure.
📊 Q4 Financials Breakdown
| Metric | Amount (₹ Cr) |
|---|---|
| Revenue from Operations | 4,288.98 |
| Other Income | 209.97 |
| Total Income | 4,363.33 |
| Cost of Materials Consumed | 3,251.99 |
| Employee Expenses | 189.30 |
| Finance Costs | 32.49 |
| Depreciation & Amortisation | 510.64 |
| Other Expenses | 1,899.93 |
| Total Expenses | 3,949.35 |
| Profit Before Tax | 413.98 |
(Note: Net Profit for Q4 is not directly stated in XML, but annual net profit is ₹1,183 Cr.)
💸 Dividend Time: GGL’s Gift
The Board recommended a ₹5.82 per share dividend (on ₹2 face value). That’s 291% payout ratio, amounting to a total dividend outflow of ₹400.64 Cr.
If you’re holding 100 shares, that’s ₹582 earned passively — or enough to buy 2 Dominos pizzas and still afford gas to reheat them.
🧮 Full-Year Snapshot (FY25)
| Metric | Value (₹ Cr) |
|---|---|
| Revenue (FY25) | 17,184.97 |
| Other Income | 209.97 |
| Total Income | 17,394.94 |
| Total Expenses | 15,848.34 |
| Net Profit (Approx) | 1,183.00 |
📉 CMP Check & Market Sentiment
- CMP (as on May 19, 2025): ₹467.15 (Trendlyne)
- Price Movement: Steady, with low volatility
- PE Ratio: Reasonable, but depends on YoY margin sustainability
📈 EduInvesting Take
Flat revenue. Rising costs. Margin pressure. Yet Gujarat Gas is holding its ground, mainly thanks to prudent cost control and loyal industrial offtake.
Dividend is juicy, payout strong, and management looks stable. But investors should watch out for:
- Gas pricing volatility
- Regulatory heat
- Industrial demand slowdown due to geopolitical tensions
If you like slow but steady, this might be your gas station. If you want excitement, try Adani Total.
🚨 Risks & Red Flags
- No mention of EPS or segment-wise EBITDA in the filing.
- Net profit for Q4 not disclosed separately — may hide softness.
- Heavy exposure to industrial clients (cyclical risk).
🎯 Final Verdict
Gujarat Gas Ltd gave investors a warm blanket in winter with its dividend — but let’s not forget, margins are chilling and Q4 profits are running lean. Long-term growth seems intact, but don’t expect fireworks in the next few quarters.
Buy it if:
✅ You love dividends
✅ You believe in the India Gas Story
✅ You enjoy reading long PDFs on BSE
