Is GAIL (India) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that GAIL (India) Ltd is a good quality company .

Is GAIL (India) undervalued or overvalued?

The key valuation ratios of GAIL (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is GAIL (India) share price return in the past 10 years?

GAIL (India) Ltd share price has appreciated 8.8% annually (CAGR) over the past ten years.

Is GAIL (India) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of GAIL (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

GAIL (India) Ltd - Stock Valuation and Financial Performance

Name: GAIL (India)
Brand: GAIL (India)

BSE: 532155 | NSE: GAIL | Industrial Gases & Fuels | Large Cap

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GAIL India Share Price

₹210.45 1.55 0.74%
as on 07-Nov'24 00:00

10 Year X-Ray of GAIL India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	10%	7.7%	12.6%	16.1%	21.5%	20.6%	13.6%	23.7%	10%	15.1%	-
Value Creation Index ⓘ	-0.1	-0.3	0.1	0.4	0.9	0.8	0.2	1.1	-0.1	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	60,704	52,053	48,552	54,496	76,190	72,518	57,372	92,770	1,45,668	1,33,228	1,36,404
Sales YoY Gr.	-	-14.3%	-6.7%	12.2%	39.8%	-4.8%	-20.9%	61.7%	57%	-8.5%	-
Adj EPS ⓘ	4.6	2.7	4.7	7.2	9.7	13.5	9	18.2	8.2	15.1	17.6
YoY Gr.	-	-41.1%	74.3%	54%	34.5%	39.3%	-33%	102%	-55.2%	84.6%	-
BVPS (₹) ⓘ	50.3	53.8	58.1	61.6	68	72.8	79.9	96.3	98.8	117.1	127.5
Adj Net Profit ⓘ	3,079	1,816	3,161	4,866	6,543	9,115	6,016	12,150	5,378	9,929	11,539
Cash Flow from Ops. ⓘ	4,214	3,960	6,024	8,769	7,984	8,345	8,993	9,420	3,205	12,586	-
Debt/CF from Ops. ⓘ	4.3	2.3	1	0.4	0.3	0.8	0.8	0.8	5.1	1.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.1%	11.8%	32.4%	-8.5%
Adj EPS ⓘ	14.3%	9.3%	18.7%	84.6%
BVPSⓘ	9.9%	11.5%	13.6%	18.6%
Share Price	8.8%	20%	27.6%	69%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	9.3	5.2	8.4	12	14.9	19.1	11.7	20.7	8.3	14	14.4
Op. Profit Mgn % ⓘ	9.2	8.7	13.6	14.7	13	12.2	13	16.6	5.1	10.8	12.3
Net Profit Mgn % ⓘ	4.9	3.5	6.5	8.9	8.6	12.7	10.5	13.2	3.7	7.5	8.5
Debt to Equity ⓘ	0.5	0.3	0.2	0.1	0.1	0.1	0.1	0.1	0.3	0.2	0.1
Working Cap Days ⓘ	124	125	102	90	70	80	92	66	57	68	28
Cash Conv. Cycle ⓘ	9	10	8	7	8	16	16	12	18	23	0

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.40%

Sales growth is growing at healthy rate in last 3 years 32.42%

Net Profit is growing at healthy rate in last 3 years 18.69%

Sales growth is not so good in last 4 quarters at 1.07%

Latest Financials - GAIL (India) Ltd.

	Standalone	Consolidated
TTM EPS (₹)	15.8	17.6
TTM Sales (₹ Cr.)	1,33,210	1,36,404
BVPS (₹.) ⓘ	107.2	127.5
Reserves (₹ Cr.) ⓘ	63,918	77,234
P/BV ⓘ	1.96	1.65
PE ⓘ	13.29	11.99

From the Market
52 Week Low / High (₹)	122.90 / 246.35
All Time Low / High (₹)	4.25 / 246.35
Market Cap (₹ Cr.)	1,38,373
Equity (₹ Cr.)	6,575.1
Face Value (₹)	10
Industry PE ⓘ	17.7

Management X-Ray of GAIL India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of GAIL India

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Dividend History

Analyst's Notes

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Key Ratios of GAIL India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	60,704	52,053	48,552	54,496	76,190	72,518	57,372	92,770	1,45,668	1,33,228
Operating Expenses ⓘ	55,121	47,538	41,961	46,717	66,566	63,682	50,128	77,618	1,38,297	1,18,933
Manufacturing Costs	4,812	3,214	2,959	3,170	3,842	3,856	3,047	3,827	5,906	6,648
Material Costs	48,117	42,170	36,472	40,828	59,340	56,862	43,725	70,107	1,28,831	1,07,955
Employee Cost	982	988	1,285	1,346	1,863	1,592	1,653	1,816	1,846	2,274
Other Costs ⓘ	1,211	1,167	1,245	1,374	1,520	1,372	1,703	1,869	1,713	2,056
Operating Profit ⓘ	5,583	4,514	6,591	7,779	9,624	8,835	7,244	15,152	7,371	14,296
Operating Profit Margin (%)	9.2%	8.7%	13.6%	14.3%	12.6%	12.2%	12.6%	16.3%	5.1%	10.7%
Other Income ⓘ	931	752	1,049	844	1,257	1,736	1,122	1,183	1,450	1,009
Interest ⓘ	652	822	552	327	159	309	181	213	371	720
Depreciation ⓘ	1,433	1,496	1,541	1,527	1,667	2,080	2,174	2,420	2,702	3,672
Exceptional Items ⓘ	63	0	211	0	0	0	0	0	0	0
Profit Before Tax ⓘ	4,492	2,949	5,184	6,923	9,831	10,429	7,725	15,464	7,256	12,595
Tax ⓘ	1,421	1,091	1,809	2,123	3,278	914	1,583	3,160	1,660	2,692
Profit After Tax	3,071	1,858	3,375	4,800	6,553	9,515	6,143	12,304	5,596	9,903
PAT Margin (%)	5.1%	3.6%	7.0%	8.8%	8.6%	13.1%	10.7%	13.3%	3.8%	7.4%
Adjusted EPS (₹)	4.7	2.8	5.0	7.1	9.7	13.9	9.2	18.4	8.5	15.1
Dividend Payout Ratio (%)	24%	37%	56%	43%	28%	31%	36%	36%	59%	37%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	34,023	36,403	39,305	41,679	46,004	49,268	53,182	64,114	64,927	76,997
Share Capital ⓘ	1,268	1,268	1,691	2,255	2,255	4,510	4,440	4,440	6,575	6,575
Reserves ⓘ	32,754	35,135	37,614	39,424	43,749	44,758	48,742	59,674	58,352	70,422
Minority Interest	1758	27	33	39	46	87	97	191	180	199
Debt	15,927	6,677	3,909	2,096	2,070	6,338	6,760	6,688	14,260	16,556
Long Term Debt	14,752	5,865	3,180	1,119	1,027	3,773	5,237	5,468	8,880	12,806
Short Term Debt	1,174	812	729	978	1,043	2,564	1,523	1,220	5,380	3,750
Trade Payables	3,414	2,909	2,741	3,904	3,876	3,922	4,453	5,361	7,144	6,640
Others Liabilities ⓘ	17,703	13,021	13,677	15,158	18,472	17,269	18,149	23,609	22,767	27,014
Total Liabilities ⓘ	72,824	59,038	59,665	62,875	70,468	76,884	82,642	99,964	1,09,277	1,27,405
Fixed Assets
Gross Block	49,913	31,146	32,799	34,988	39,038	47,795	52,617	58,337	66,127	75,194
Accumulated Depreciation	15,937	1,200	2,707	4,492	6,303	9,114	10,998	13,353	16,112	19,748
Net Fixed Assetsⓘ	33,976	29,946	30,092	30,496	32,735	38,682	41,619	44,984	50,015	55,447
CWIP ⓘ	13,806	3,688	4,126	5,938	9,738	11,666	13,400	15,490	16,647	23,627
Investmentsⓘ	1,272	9,844	10,125	10,452	10,722	9,893	13,058	16,408	17,248	21,910
Inventories	2,355	1,618	1,708	1,933	2,503	3,183	2,990	3,577	5,918	5,970
Trade Receivables	3,210	2,723	2,751	3,430	4,363	4,818	3,502	7,447	10,680	9,580
Cash Equivalents	1,558	1,846	1,421	2,859	1,425	1,250	2,025	2,804	1,103	1,712
Others Assetsⓘ	16,647	9,371	9,442	7,769	8,983	7,392	6,050	9,254	7,668	9,159
Total Assets ⓘ	72,824	59,038	59,665	62,875	70,468	76,884	82,642	99,964	1,09,277	1,27,405

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	4,214	3,960	6,024	8,769	7,984	8,345	8,993	9,420	3,205	12,586
PBT ⓘ	4,580	2,966	5,184	6,923	9,831	10,429	7,725	15,464	7,256	12,595
Adjustment ⓘ	1,721	2,097	1,977	1,440	758	-679	149	839	991	2,096
Changes in Working Capital ⓘ	-1068	-383	73	1752	-493	1174	2421	-3598	-3429	1169
Tax Paid ⓘ	-1,019	-720	-1,209	-1,351	-2,112	-2,578	-1,302	-3,284	-1,614	-3,274
Cash Flow From Investing Activity ⓘ	-2,116	-904	-383	-2,632	-5,707	-7,445	-4,693	-5,436	-7,640	-8,273
Capex	-2,716	-1,461	-1,995	-3,399	-7,541	-9,235	-5,684	-6,939	-8,753	-12,487
Net Investments	-93	-28	273	-387	123	246	-331	324	460	633
Others ⓘ	694	585	1,339	1,154	1,712	1,545	1,322	1,178	653	3,581
Cash Flow From Financing Activityⓘ	-3,058	-3,028	-5,275	-5,252	-3,364	281	-3,471	-3,917	2,972	-3,457
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-246	-1,425	-2,892	-2,777	-1,172	-279	-3,349	-1,615	-2,077	-10,727
Interest Paid ⓘ	-1,483	-734	-538	-368	-141	-326	-350	-398	-762	-1,398
Dividend Paid ⓘ	-1,332	-840	-1,763	-2,107	-2,089	-3,961	-2,238	-3,995	-3,069	-3,621
Others ⓘ	2	-29	-82	0	37	4,847	2,467	2,092	8,880	12,288
Net Cash Flow ⓘ	-960	29	366	885	-1,087	1,182	830	67	-1,463	855

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	9.24	5.28	8.91	11.86	14.95	19.97	11.99	20.98	8.67	13.96
ROCE (%)	9.96	7.71	12.64	16.07	21.46	20.62	13.59	23.69	9.96	15.06
Asset Turnover Ratio	0.86	0.8	0.83	0.89	1.14	0.99	0.72	1.02	1.39	1.13
PAT to CFO Conversion(x)	1.37	2.13	1.78	1.83	1.22	0.88	1.46	0.77	0.57	1.27
Working Capital Days
Receivable Days	20	21	20	21	19	23	26	22	23	28
Inventory Days	15	14	12	12	11	14	20	13	12	16
Payable Days	29	27	28	30	24	25	35	26	18	23

GAIL (India) Ltd Stock News

GAIL (India) Ltd FAQs

What is the share price of GAIL India?

Company share prices are keep on changing according to the market conditions. The closing price of GAIL India on 07-Nov-2024 00:00 is ₹210.4.

What is the market cap of GAIL India?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Nov-2024 00:00 the market cap of GAIL India stood at ₹1,38,373.

What is the P/E ratio of GAIL India?

The latest P/E ratio of GAIL India as of 07-Nov-2024 00:00 is 13.29.

What is the P/B ratio of GAIL India?

The latest P/B ratio of GAIL India as of 07-Nov-2024 00:00 is 1.96.

What is the 52-week high and low of GAIL India?

The 52-week high of GAIL India is ₹246.3 and the 52-week low is ₹122.9.

What is the TTM revenue of GAIL India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GAIL India is ₹1,33,210 ( Cr.) .

About GAIL (India) Ltd

GAIL (India) Ltd. was incorporated in August 1984 as a Central Public Sector Undertaking (PSU) under the Ministry of Petroleum & Natural Gas (MoP&NG). It is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi. The company was initially given the responsibility of construction, operation & maintenance of the Hazira - Vijaypur -Jagdishpur (HVJ) pipeline Project. It was one of the largest cross-country natural gas pipeline projects in the world.

Business area of company

The Company is engaged in gas marketing. The Company's segments include Transmission services, which includes natural gas and liquid petroleum gas (LPG); Natural Gas Trading; Petrochemicals; LPG and other Liquid Hydrocarbons; City Gas Distribution, and Other Segments, which includes GAIL TEL, exploration and production (E&P), City Gas and Power Generation. The Company is engaged in activities, including transportation through pipeline; manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms; extraction of crude petroleum; extraction of natural gas, and electric power generation, transmission and distribution.

Awards

Achievement of 100% Safety Index GPU-Gandhar(2010-11) was duly recognized by BSC, UK. GPU-Gandhar was conferred 'International Safety Award' for 4th time from
GAIL (India) has been ranked no.1 company among gas utilities in Asia in the Platts Global Ranking of Energy Companies.
GAIL (India) was conferred 'MOU EXCELLENCE AWARD' by the Department Of Public Enterprises for the year 2008-09 in the petroleum sector.
GAIL (India) was conferred a Certificate of Recognition for Excellence in Corporate Governance in the 10th ICSI National Award for Excellence in Corporate Governance 2010 as one of the Top Companies adopting Excellent Practices in Corporate Governance.
National Award for Excellence in Cost Management 2009 GAIL won the Third Award in the public sector Manufacturing (Large) category
SCOPE Meritorious Award to GAIL (India) Limited for Corporate Governance for the year 2007-08.
India´s Most Customer Responsive Company in Manufacturing sector.
Highest Wealth Creator in Manufacturing sector.
Rajiv Gandhi National Quality Award as the best performer among the Large Scale Manufacturing Industry.
The PetroFed oil & Gas pipeline Transportation - Company of the Year for 2007-2008 Award honours the leading performance in transporting crude oil, petroleum products and natural gas through pipelines in India during the year. This award honours GAIL (India) Limited for their leading performance towards growth of infrastructure, optimal utilisation during hydrocarbons transportation in India in 2007-08 while meeting the norms of health, safety and environment protection.
GAIL receives Oil & Gas Pipeline Transportation Company of the year, besides Project Management (Rs 500 crore to Rs 2,000 crore category) of the year, the Environmental Sustainability of the year category in the Petrofed Awards 2012 and Woman Executive of the Year in Oil & Gas Industry.
GAIL DBPL project receives Platts Premier Project Construction Award for 2013.
GAIL adjudged ‘Company of the Year’ for Project Management for Dabhol - Bengaluru pipeline project at the Petroleum Federation of India (PetroFed) Oil & Gas Industry Awards 2013.
GAIL declared the top Indian company in the ‘Gas-Processing, Distribution and Marketing’ Sector for the Dun & Bradstreet Corporate Awards 2014.
GAIL CSR project wins Prestigious CII-National Water Awards for Excellence in Water Management-2016.
Shri B C Tripathi, CMD, GAIL receives the fastest growing Maharatna PSU Award.
GAIL (India) has won the leaders award in the Mega Large Business, Process Sector category in the 11th edition of Frost & Sullivan - MEASA and TERI - The Energy and Resources Institute's Sustainability 4.0 Awards 2020.

Milestones

1987 - HVJ (Hazira - Vijaipur - Jagdishpur) Natural Gas pipeline commissioned.
1989 - First Year of profit registered.
1990 - LPG Plant Phase - I at Vijaipur commissioned.
1992 - Gas Marketing functions transferred to GAIL.
1993 - Maiden dividend of Rs. 20 Crores paid to its shareholders.
1994 - First JV Mahanagar Gas Limited formed with British Gas incorporated to implement Mumbai City Gas Distribution project.
1995 - Propane recovery plants at Vijaipur commissioned.
1996 - GAIL listed in NSE, BSE and DSE.
1997 - Government of India granted Navratna status to GAIL.
1998 - Indraprastha Gas Limited (IGL) incorporated for supply of gas to household sector, transport sector & commercial consumers in Delhi.
1999 - LPG plants at Usar and Lakwa commissioned.
1999 - Uttar Pradesh Petrochemical Complex (UPPC) at Pata commissioned with a design capacity of 3 lacs TPA of Ethylene to produce 2. 60 lacs TPA of HDPE & LLDPE.
2000 - LPG plant at Pata with a design capacity of 2.58 lacs TPA of LPG commissioned.
2000 - Participated in under NELP- I and 2 blocks awarded.
2001 - Jamnagar-Loni LPG Pipeline Project, world’s longest and India's first Cross-Country LPG 1269 km long pipeline commissioned.
2001 - LPG plant at Gandhar commissioned.
2002 - GAIL picks up 12% equity stake in GSEGs 156MW power project in Gujarat.
2003 - GAIL has an initial success in the form of significant gas find in the block A-1 in Myanmar and discovery of Oil and Gas in the Cambay Block.
2003 - Bhagyanagar Gas Limited, a joint venture of GAIL and HPCL, incorporated in August 2003, in the field of distribution and marketing of Auto LPG, CNG for vehicles and retailing of natural gas in cities of Andhra Pradesh.
2003 - Vizag- Secunderabad LPG pipeline, the 580 km pipeline with a maximum throughput of 1.16 MMPTPA completed.
2003 - GAIL successfully secures participation in 2 retail gas companies in Egypt, Fayum Gas Company and Shell CNG.
2004 - Dahej - Vijaipur natural gas pipeline commissioned.
2004 - A wholly-owned subsidiary company GAIL Global (Singapore) Pte Ltd formed in Singapore.
2004 - Platts declares GAIL as the first among Global Gas Utilities based on Return on Invested Capital (ROIC) in its worldwide survey of Top 250 Energy Companies in 2004.
2004 - Tripura Natural Gas Co. Ltd., a Joint Venture for city gas project in Tripura and UP Central Gas Ltd., a Joint Venture for city gas project with BPCL in Kanpur, incorporated.
2004 - GAIL acquired 15% equity stake in NatGas, Egypt.
2005 - Inauguration of the National Gas Management Centre (NGMC) of GAIL at NOIDA.
2006 - GAIL brings India’s first spot LNG cargo at Dahej.
2006 - GAIL consortium wins 3 CBM blocks in III round of bidding.
2007 - MoP&NG authorization for 5 new major pipelines received.
2007 - Brahmaputra Cracker and Polymer Limited, a Joint Venture Company led by GAIL, formed for implementing Assam Gas Cracker Project.
2007 - GAIL forms a Joint Venture Company (JVC) with China Gas Global Energy Holdings Limited.
2007 - Expansion of Petrochemical Plant at Pata for increasing capacity from 310,000 TPA LLDPE/HDPE to 410,000 TPA completed.
2008 - Dahej - Panvel- Dabhol pipeline commissioned.
2008 - GAIL Gas Limited incorporated for CGD.
2008 - GAIL Gas limited wins the rights for rolling out city gas distribution projects in Meerut, Sonepat, Dewas and Kota.
2009 - GAIL gets SCOPE Meritorious Award for Corporate Governance for the year 2007-08.
2010 - Representative Office in Egypt opened.
2010 - GAIL ranked no.1 company among gas utilities in Asia in the Platts Global Ranking.
2011 - Shri S. Jaipal Reddy dedicated GAIL’s Chainsa - Sultanpur – Neemrana pipeline to the Nation.
2011 - GAIL Gas Limited and Vadodara Mahanagar Sewa Sadan set up Joint Venture for City Gas Distribution.
2011 - GAIL (India) Limited was conferred the 'Managing India Award' for the 'Outstanding PSU of the Year' by All India Management Association. GAIL is the first PSU to be conferred this award.
2012 - GAIL conferred MoU Excellence Award for the year 2009-10 for Best Performing CPSE in the Petroleum Sector consecutively for second year- GAIL has been ranked World’s No. 1 in Downstream Operations in Platts Global Energy Awards- GAIL’s 2200 km Dahej-Vijaipur-Dadri-Bawana-Nangal-Bhatinda cross-country pipeline inaugurated by Prime Minister- GSPA signed between GAIL and TurkrnenGaz for Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project.
2012 - GAIL signed GSPA for purchase of gas from Turkmenistan.
2014 - The 22-storey GAIL Jubilee Tower has been designed as per LEED-Platinum Green Building norms. The building has its own captive power generation plant using gas engine generators and the waste heat recovered is used to run the Air Conditioning system. A 30 KW solar power plant has been installed for area lighting. Its electricity load will be 40% less than other similar high-rises. The building is equipped with high performance glass with insulation on walls, occupancy and lux level sensors.
2015 - Inauguration of construction work of Jagdishpur - Haldia natural gas pipeline Phase 1.
2016 - BCPL Petrochemical Complex commissioned.
2016 - Varanasi City Gas Distribution Project.
2017 - Launch of CGD Projects in Cuttack and Bhubaneswar.
2017 - Inauguration of Bengaluru City Gas Distribution Project.
2017 - Inauguration of PNG supply in Bhubaneswar.
2017 - Inauguration of CNG stations in Bhubaneswar.
2018 - GAIL’s first Chartered LNG Vessel carrying long term US LNG arrives at Dabhol.
2018 - Inauguration of CNG Stations in Cuttack.
2018 - 1st LNG cargo under long term contract with Russia arrives at Dahej.
2018 - Commencement of work for Talcher Fertilizers.
2019 - Dedication of Phase I of Pradhan Mantri Uurja Ganga Pipeline and Inauguration of Patna CGD.
2019 - Inauguration of Ranchi CGD.
2019 - Inauguration of Jamshedpur CGD.
2020 - GAIL (India) and Carbon Clean Solutions have signed a Memorandum of Understanding for exploring project development opportunities in Compressed Biogas value chain in India.
2020 - GAIL (India) has inked Memorandum of Understanding with police department for constructing a new Bharosa Centre at Medchal-Malkajgiri in Telangana, as part of corporate social responsibility activities.