Gujarat State Petronet Ltd - Stock Valuation and Financial Performance

BSE: 532702 | NSE: GSPL | Gas Transmission/Marketing | Small Cap

Guj. State Petronet Share Price

332.05 7.15 2.20%
as on 21-Nov'24 15:40

DeciZen - make an informed investing decision on Guj. State Petronet

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Gujarat State Petronet stock performance -

mw4me loader
P/E Ratio (SA):
16.30
Market Cap:
18,331.2 Cr.
52-wk low:
260.2
52-wk high:
469.6

Is Gujarat State Petronet Ltd an attractive stock to invest in?

1. Is Gujarat State Petronet Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gujarat State Petronet Ltd is a good quality company.

2. Is Gujarat State Petronet Ltd undervalued or overvalued?

The key valuation ratios of Gujarat State Petronet Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Gujarat State Petronet Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gujarat State Petronet Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Guj. State Petronet:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gujarat State Petronet Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 16.4%15.1%15.5%15.8%17.5%17.6%15.8%15.3%13.9%16.9%-
Value Creation
Index
0.20.10.20.20.30.30.20.10.00.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0659921,0281,3321,8772,3632,0792,0201,7622,0321,673
Sales YoY Gr.--6.8%3.6%29.6%41%25.9%-12%-2.9%-12.8%15.3%-
Adj EPS 7.37.98.811.914.119.716.517.416.822.819.9
YoY Gr.-8.5%11.5%34.5%18.9%39.7%-16.2%5.3%-3.6%35.9%-
BVPS (₹) 64.272.279.789.8101.8119.2133.7149.6164.4182187.5
Adj Net
Profit
4104454976687951,1119319819451,2851,124
Cash Flow from Ops. 6276039448941,0881,3601,2411,0759661,172-
Debt/CF from Ops. 1.91.80.73.42.21.20.80.100-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%1.6%-0.8%15.3%
Adj EPS 13.5%10.1%11.3%35.9%
BVPS12.3%12.3%10.8%10.8%
Share Price 12.3% 9.1% 2.4% 21.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
11.911.611.61414.717.813.112.310.713.210.8
Op. Profit
Mgn %
8687.386.586.282.266.770.969.371.47474.8
Net Profit
Mgn %
38.644.948.350.242.44744.848.653.663.267.2
Debt to
Equity
0.30.30.10.60.40.20.10000
Working Cap
Days
19223719311086758286119191295
Cash Conv.
Cycle
65627147403526243739222

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 11.33%

Return on Equity has declined versus last 3 years average to 10.80%

Sales growth has been subdued in last 3 years -0.77%

Sales growth is not so good in last 4 quarters at -4.71%

Latest Financials - Gujarat State Petronet Ltd.

Standalone Consolidated
TTM EPS (₹) 19.9 27.1
TTM Sales (₹ Cr.) 1,673 18,287
BVPS (₹.) 187.5 198.3
Reserves (₹ Cr.) 10,014 10,626
P/BV 1.73 1.64
PE 16.30 12.01
From the Market
52 Week Low / High (₹) 260.15 / 469.60
All Time Low / High (₹) 25.25 / 469.60
Market Cap (₹ Cr.) 18,331
Equity (₹ Cr.) 564.2
Face Value (₹) 10
Industry PE 26.9

Management X-Ray of Guj. State Petronet:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Guj. State Petronet

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1,0659921,0281,3321,8772,3632,0792,0201,7622,032
Operating Expenses 149126139184335787606622503527
Manufacturing Costs65586595212644474487343362
Material Costs000000001617
Employee Cost 36363943656259657280
Other Costs 49313646578172707269
Operating Profit 9158668881,1481,5431,5761,4731,3981,2591,504
Operating Profit Margin (%) 86.0%87.3%86.4%86.2%82.2%66.7%70.9%69.2%71.4%74.0%
Other Income 52668873596569105168335
Interest 118806035219164933155
Depreciation 189183179175180195203196194192
Exceptional Items 0000000000
Profit Before Tax 6606697381,0111,2031,2821,2471,2751,2291,642
Tax 250223241342408171316296284358
Profit After Tax 4104454976687951,1119319799451,285
PAT Margin (%) 38.5%44.9%48.3%50.2%42.3%47.0%44.8%48.5%53.6%63.2%
Adjusted EPS (₹)7.37.98.811.914.119.716.517.416.822.8
Dividend Payout Ratio (%)16%19%17%15%14%10%12%12%30%22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3,6174,0644,4925,0625,7426,7227,5458,4439,27310,270
Share Capital 563563563564564564564564564564
Reserves 3,0543,5013,9294,4995,1786,1586,9817,8798,7099,706
Minority Interest0000000000
Debt8887905011,7591,2865448743500
Long Term Debt8887905011,7591,286544325000
Short Term Debt0000005493500
Trade Payables40151419244162655138
Others Liabilities 9959778272,1081,8991,796892797764773
Total Liabilities 5,5405,8465,8338,9498,9509,1039,3739,34010,08811,081

Fixed Assets

Gross Block4,8193,3063,5283,6514,3244,4854,5794,6344,6574,728
Accumulated Depreciation1,7541833625377178991,1121,3081,5011,693
Net Fixed Assets3,0653,1233,1663,1143,6073,5863,4673,3253,1553,035
CWIP 776768686896419237222253426762
Investments 6497317654,1814,2774,6115,0065,1745,1705,330
Inventories110118112123128126130189212211
Trade Receivables150152119124208164160130144141
Cash Equivalents 435553803365158968886692473
Others Assets3544021821461522833011832901,129
Total Assets 5,5405,8465,8338,9498,9509,1039,3739,34010,08811,081

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 6276039448941,0881,3601,2411,0759661,172
PBT 6606697381,0111,2031,2791,2381,3161,2291,642
Adjustment 2732051751433453012378539-127
Changes in Working Capital -87-6525351-968968-20-2711
Tax Paid -219-206-223-311-364-308-303-306-274-353
Cash Flow From Investing Activity -152-321-368-3,174-8-310-438-4-702-1,016
Capex -215-177-105-269-212-107-112-80-189-416
Net Investments -39-82-332-2,979148-259-385-168-626-925
Others 102-617075565659245114325
Cash Flow From Financing Activity -474-297-6372,286-1,033-1,030-809-1,082-203-284
Net Proceeds from Shares 2322111000
Net Proceeds from Borrowing -271-98-4332,424-691-734-604-935-880
Interest Paid -139-121-104-37-230-168-92-34-10
Dividend Paid -66-81-102-102-113-128-113-113-113-282
Others 00000-1-1-1-2-2
Net Cash Flow 1-15-6174820-6-1162-127
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)11.8911.611.6113.9914.7117.8313.0512.2510.6713.15
ROCE (%)16.3715.115.5415.7917.5217.5815.8315.2713.8516.86
Asset Turnover Ratio0.190.170.180.180.210.260.230.220.180.19
PAT to CFO Conversion(x)1.531.361.91.341.371.221.331.11.020.91
Working Capital Days
Receivable Days68564833322928262826
Inventory Days31424132242022294238
Payable Days000000001,344978

Gujarat State Petronet Ltd Stock News

Gujarat State Petronet Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Guj. State Petronet on 21-Nov-2024 15:40 is ₹332.1.
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 21-Nov-2024 15:40 the market cap of Guj. State Petronet stood at ₹18,331.2.
The latest P/E ratio of Guj. State Petronet as of 21-Nov-2024 15:40 is 16.30.
The latest P/B ratio of Guj. State Petronet as of 21-Nov-2024 15:40 is 1.73.
The 52-week high of Guj. State Petronet is ₹469.6 and the 52-week low is ₹260.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Guj. State Petronet is ₹1,673 ( Cr.) .

About Gujarat State Petronet Ltd

Gujarat State Petronet Ltd. (GSPL), a GSPC Group company is a pioneer in developing energy transportation infrastructure and connecting natural gas supply sources including LNG terminals to growing markets. GSPL is continuously expanding its pipeline network currently in Gujarat to reach the demand centres by laying gas pipeline network.  GSPL was set up to complement the efforts of Gujarat State Petroleum Corporation (GSPC). The company has developed requisite expertise and confidence with proven project management competencies.  GSPL is first Pipeline Company in India operating on open access basis and is a pure transmission network.

GSPL is laying a gas grid, to facilitate gas transmission from supply points to demand centres. The gas grid is equipped with the latest bi-directional gas transmission technology to enable two-way gas flow. This introduces a lot of flexibility into transmission by allowing gas to be sourced or uploaded at either end of the pipeline network. Besides, the network is continuously monitored using SCADA systems integrated with GIS technology. Office Address of Gujarat State Petronet Limited is GSPL Bhavan, E-18, GIDC Electronics Estate, Nr.K-7 Circle, Sector -26 Gandhinagar-382 028, Gujarat, India.

Business area of company

Gujarat State Petronet Limited is a natural gas infrastructure and transmission company engaged in gas transportation business. The Company is engaged in transmission of natural gas through pipelines on an open access basis from supply points to demand centers. It also generates electricity through windmills. Its segments include Gas Transportation and Windmill.

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