Gujarat State Petronet Ltd - Stock Valuation and Financial Performance

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

Guj. State Petronet Share Price

297.30 2.00 0.68%
as on 18-May'24 12:50

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

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Gujarat State Petronet stock performance -

mw4me loader
P/E Ratio (SA):
12.97
Market Cap:
16,661.2 Cr.
52-wk low:
254.8
52-wk high:
407.3

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


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10 Year X-Ray of Guj. State Petronet: Login to view analysis.

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 some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.2%10.4%10.1%10.5%10.5%11.7%14.9%11.8%11.7%10.7%-
Value Creation
Index
-0.2-0.3-0.3-0.2-0.2-0.10.1-0.1-0.1-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0511,0659921,0281,3321,8772,3632,0792,0201,7622,032
Sales YoY Gr.-1.3%-6.8%3.6%29.6%41%25.9%-12%-2.9%-12.8%-
Adj EPS 7.57.37.98.811.914.119.716.517.416.822.8
YoY Gr.--2.2%8.5%11.5%34.5%18.9%39.7%-16.2%5.3%-3.6%-
BVPS (₹) 58.464.272.279.789.8101.8119.2133.7149.6164.4182
Adj Net
Profit
4194104454976687951,1119319819451,285
Cash Flow from Ops. 6456276039448941,0881,3601,2411,075966-
Debt/CF from Ops. 2.21.91.80.73.42.21.20.80.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.9%5.8%-9.3%-12.8%
Adj EPS 9.4%7.2%-5.3%-3.6%
BVPS12.2%12.9%11.3%9.8%
Share Price 14.4% 10.5% 2.3% 7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
13.511.911.611.61414.717.813.112.310.713.2
Op. Profit
Mgn %
88.48687.386.586.282.266.770.969.371.474.1
Net Profit
Mgn %
39.938.644.948.350.242.44744.848.653.663.2
Debt to
Equity
0.40.30.30.10.60.40.20.1000
Working Cap
Days
16519223719311086758286119134
Cash Conv.
Cycle
96656271474035262437113

Recent Performance Summary

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Latest Financials - Gujarat State Petronet Ltd.

Standalone Consolidated
TTM EPS (₹) 22.8 29.4
TTM Sales (₹ Cr.) 2,032 17,898
BVPS (₹.) 182 191.9
Reserves (₹ Cr.) 9,706 10,261
P/BV 1.62 1.54
PE 12.97 10.04
From the Market
52 Week Low / High (₹) 254.75 / 407.30
All Time Low / High (₹) 25.25 / 407.30
Market Cap (₹ Cr.) 16,661
Equity (₹ Cr.) 564.2
Face Value (₹) 10
Industry PE 32.6

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,0511,0659921,0281,3321,8772,3632,0792,0201,762
Operating Expenses 122149126139184335787606622503
Manufacturing Costs6065586595212644474487343
Material Costs00000000016
Employee Cost 29363639436562596572
Other Costs 33493136465781727072
Operating Profit 9299158668881,1481,5431,5761,4731,3981,259
Operating Profit Margin (%) 88.4%86.0%87.3%86.4%86.2%82.2%66.7%70.9%69.2%71.4%
Other Income 5552668873596569105168
Interest 14211880603521916493315
Depreciation 184189183179175180195203196194
Exceptional Items 0000000000
Profit Before Tax 6586606697381,0111,2031,2821,2471,2751,229
Tax 239250223241342408171316296284
Profit After Tax 4194104454976687951,111931979945
PAT Margin (%) 39.9%38.5%44.9%48.3%50.2%42.3%47.0%44.8%48.5%53.6%
Adjusted EPS (₹)7.57.37.98.811.914.119.716.517.416.8
Dividend Payout Ratio (%)13%16%19%17%15%14%10%12%12%30%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 3,2883,6174,0644,4925,0625,7426,7227,5458,4439,273
Share Capital 563563563563564564564564564564
Reserves 2,7253,0543,5013,9294,4995,1786,1586,9817,8798,709
Minority Interest0000000000
Debt1,0378887905011,7591,286544874350
Long Term Debt1,0378887905011,7591,28654432500
Short Term Debt0000000549350
Trade Payables15401514192441626551
Others Liabilities 1,0649959778272,1081,8991,796892797764
Total Liabilities 5,4035,5405,8465,8338,9498,9509,1039,3739,34010,088

Fixed Assets

Gross Block4,7114,8193,3063,5283,6514,3244,4854,5794,6344,657
Accumulated Depreciation1,5511,7541833625377178991,1121,3081,501
Net Fixed Assets3,1593,0653,1233,1663,1143,6073,5863,4673,3253,155
CWIP 656776768686896419237222253426
Investments 5856497317654,1814,2774,6115,0065,1745,170
Inventories69110118112123128126130189212
Trade Receivables249150152119124208164160130144
Cash Equivalents 499435553803365158968886692
Others Assets185354402182146152283301183290
Total Assets 5,4035,5405,8465,8338,9498,9509,1039,3739,34010,088

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 6456276039448941,0881,3601,2411,075966
PBT 6586606697381,0111,2031,2791,2381,3161,229
Adjustment 2802732051751433453012378539
Changes in Working Capital -87-87-6525351-968968-20-27
Tax Paid -207-219-206-223-311-364-308-303-306-274
Cash Flow From Investing Activity -646-152-321-368-3,174-8-310-438-4-702
Capex -239-215-177-105-269-212-107-112-80-189
Net Investments -411-39-82-332-2,979148-259-385-168-626
Others 4102-617075565659245114
Cash Flow From Financing Activity -407-474-297-6372,286-1,033-1,030-809-1,082-203
Net Proceeds from Shares 0232211100
Net Proceeds from Borrowing -181-271-98-4332,424-691-734-604-935-88
Interest Paid -160-139-121-104-37-230-168-92-34-1
Dividend Paid -66-66-81-102-102-113-128-113-113-113
Others 000000-1-1-1-2
Net Cash Flow -4081-15-6174820-6-1162
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)13.4711.8911.611.6113.9914.7117.8313.0512.2510.67
ROCE (%)17.2616.3715.115.5415.7917.5217.5815.8315.2713.85
Asset Turnover Ratio0.20.190.170.180.180.210.260.230.220.18
PAT to CFO Conversion(x)1.541.531.361.91.341.371.221.331.11.02
Working Capital Days
Receivable Days87685648333229282628
Inventory Days25314241322420222942
Payable Days0000000001,344

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 18-May-2024 12:50 is ₹297.3.
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 18-May-2024 12:50 the market cap of Guj. State Petronet stood at ₹16,661.2.
The latest P/E ratio of Guj. State Petronet as of 18-May-2024 12:50 is 12.97.
The latest P/B ratio of Guj. State Petronet as of 18-May-2024 12:50 is 1.62.
The 52-week high of Guj. State Petronet is ₹407.3 and the 52-week low is ₹254.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Guj. State Petronet is ₹2,032 ( 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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