GAIL (India) Ltd logo

GAIL (India) Ltd

GAIL NSE

Key Fundamentals

LargecapGasEnergy
Market Cap
1.1L Cr
Volatility
Moderate
P/E Ratio
11.54
EBITDA
₹13,020 Cr
Return on Equity
8.49%
Debt to Equity
0.28
Book Value
₹135.43
EPS
₹17.17
52W High
₹186.87
52W Low
₹134.36

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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39 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 41.3%

Weaknesses

1
  • Company has a low return on equity of 11.3% over last 3 years.

Growth Rate

Revenue Growth
-0.04% ↘
Net Income Growth
-39.17% ↘
Cash Flow Change
-28.48% ↘
ROE
-41.93% ↘
ROCE
-40.04% ↘
EBITDA Margin (Avg.)
-21.96% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk medium

GAIL (India) Ltd is India's largest natural gas transmission and marketing company with a market cap of ₹1,15,314 crore, trading at a PE of 11.6x. The company posted a record PAT of ₹11,312 crore in FY25 (up 28% YoY) on revenue of ₹1.37 lakh crore, while maintaining a 65% market share in gas transmission and a dividend yield of 3.09%.

Bull Case 8
  • Record profitability in FY25 with PAT of ₹11,312 crore, up 28% from ₹8,836 crore in FY24, demonstrating earnings momentum
  • Dominant market position with ~65% share in India's natural gas pipeline transmission and network of over 13,900 km of authorized pipelines
  • Attractive valuation at PE of 11.6x, well below broader market multiples, offering margin of safety for a Maharatna PSU
  • Healthy dividend payout of 41.3% translating to a dividend yield of 3.09%, providing steady income to shareholders
  • Aggressive capex plan of ₹10,700 crore for FY26 and ₹12,000 crore for FY27, directed at pipelines (₹2,700 crore), petrochemicals (₹3,000 crore), and net-zero initiatives (₹1,200 crore)
  • Gas transmission volumes growing to ~125-136 MMSCMD with India's natural gas consumption expected to rise structurally as the country targets 15% gas in its energy mix
  • Low debt-to-equity ratio of 0.28x providing strong balance sheet headroom to fund expansion without excessive leverage
  • 10-year compounded profit growth of 15% and 10-year revenue CAGR of 11% demonstrating long-term earnings compounding ability
Bear Case 8
  • FY26 PBT dropped sharply to ₹8,964 crore from ₹14,825 crore in FY25, indicating vulnerability to global commodity headwinds and margin compression
  • Low return on equity of 11% over 3 years and just 9% in the last year, below the cost of equity for most investors
  • 3-year compounded sales growth is negative at -1%, reflecting revenue volatility linked to gas price fluctuations
  • Planned borrowing of ₹5,000-6,000 crore in FY27 will increase leverage from current 0.28x, potentially pressuring future returns
  • Project execution risks evident as Mumbai-Nagpur-Jharsuguda pipeline delayed with cost overrun of ₹411 crore (from ₹7,844 crore to ₹8,255 crore)
  • TTM profit growth of just 1% suggests the record FY25 earnings may have been a cyclical peak rather than a sustainable baseline
  • Stock CAGR of only 3% over 1 year despite record profits, indicating market skepticism about sustaining earnings growth
  • Price-to-book of 1.28x for a company generating sub-12% ROE implies limited value creation above book value

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 18h ago
Positives 6
  • Q1FY27 revenue hits ₹38,982 Cr Aug 2

    GAIL reported standalone revenue of ₹38,982 crore and PBT of ₹5,773 crore for Q1FY27. Natural gas transmission volume stood at 122.36 MMSCMD.

  • Q4FY26 net profit surges 127% YoY Aug 2

    Standalone net profit jumped 127% YoY to ₹4,292 crore and consolidated PAT rose 96% to ₹4,671 crore. Revenue increased 12% to ₹38,982 crore with robust debt coverage of 4.88x.

  • ₹11,500 Cr CAPEX on track Jul 31

    FY27 CAPEX of ~₹11,500 crore remains on schedule. LNG portfolio at 16.5 million tonnes, 1,250 KTA PTA plant nearing completion, 500 KTA PDH/PP plant slated for next fiscal.

  • Konkan LNG merger approved Jul 31

    Board approved merger of wholly-owned subsidiary Konkan LNG Limited to simplify group structure and enhance operational efficiencies.

  • Enters FTSE4Good Index Series Jul 30

    GAIL included in FTSE4Good Index Series following June 2026 review, recognizing strong ESG performance and sustainability commitments.

  • MoU for Maharashtra urea plant Jul 29

    GAIL and RCF signed MoU to set up a 1.27 MMTPA gas-based urea plant in Vidarbha, Maharashtra via an SPV.

Neutral 6
  • 42nd AGM on Aug 27, 2026 Aug 5

    AGM scheduled for August 27 at 11:30 AM IST via VC/OAVM. Remote e-voting open August 23-26, record date for final dividend fixed as September 2, 2026.

  • Board changes: directors in/out Aug 13

    Two independent directors nominated (Dr Banwari Lal, Smt Rupa Saikia) for three-year terms from Aug 12. Kushagra Mittal ceased as Government Nominee Director on Aug 11.

  • Senior manager Lalit Bhatt relieved Aug 15

    Shri Lalit Bhatt relieved from services effective August 14, 2026 following voluntary retirement.

  • 4 investor meets in Aug-Sep Aug 6

    GAIL scheduled four physical analyst/institutional investor conferences in Mumbai with Emkay, Equirus, Elara, and JP Morgan during Aug-Sep 2026.

  • Strategic gas storage project Jul 31

    A GAIL executive confirmed the government is developing a strategic natural gas storage project aimed at strengthening India's energy security infrastructure.

  • ₹27.65 Cr block trade on NSE Jul 29

    Block trade of ~15.8 lakh shares executed at ₹175.25 per share on NSE, valued at ₹27.65 crore, indicating institutional activity.

TL;DR: GAIL is delivering strong financial performance with Q4FY26 profit surging 127% YoY and Q1FY27 maintaining robust revenue at nearly ₹39,000 crore. The company is executing well on its ₹11,500 crore CAPEX plan, expanding its LNG portfolio, and pursuing diversification into fertilizers and petrochemicals. No material headwinds are visible in recent news flow. The trend is solidly positive with growth levers from capacity expansion, ESG recognition, and strategic gas infrastructure development.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
32,789
32,986
34,698
32,756
34,738
33,889
36,835
36,440
35,311
35,537
35,173
35,577
41,198
Expenses
30,128
29,405
30,490
28,908
29,948
29,952
33,665
32,914
31,642
32,077
32,246
34,123
34,100
Operating Profit
2,660
3,580
4,208
3,849
4,790
3,937
3,169
3,526
3,669
3,460
2,927
1,453
7,098
OPM %
8%
11%
12%
12%
14%
12%
9%
10%
10%
10%
8%
4.1%
17%
Other Income
529
595
915
651
685
643
3,211
674
566
516
683
1,250
475
Interest
185
200
176
159
209
188
169
174
213
234
254
263
319
Depreciation
722
837
872
1,241
1,152
922
939
786
993
1,177
1,192
474
987
PBT
2,283
3,138
4,075
3,099
4,114
3,470
5,272
3,240
3,029
2,565
2,165
1,966
6,268
Tax %
21%
22%
22%
20%
23%
22%
23%
23%
21%
22%
20%
25%
25%
Net Profit
1,793
2,442
3,193
2,474
3,183
2,690
4,084
2,506
2,382
1,989
1,729
1,481
4,671
EPS in Rs
2.73
3.72
4.86
3.75
4.84
4.1
6.21
3.79
3.6
3
2.67
2.26
7.1
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
60,557
52,053
48,552
54,496
76,190
72,518
57,372
92,770
1,45,668
1,33,228
1,41,902
1,41,598
1,47,485
Expenses
54,926
47,517
42,531
46,695
66,252
63,495
50,127
77,608
1,38,168
1,18,914
1,26,489
1,30,096
1,32,546
Operating Profit
5,631
4,536
6,021
7,802
9,938
9,022
7,245
15,161
7,500
14,314
15,412
11,502
14,939
OPM %
9%
9%
12%
14%
13%
12%
13%
16%
5%
11%
11%
8%
10%
Other Income
945
731
1,212
948
1,719
3,796
2,833
2,925
2,822
2,672
5,223
3,023
2,924
Interest
652
822
509
295
159
309
179
202
365
719
740
964
1,070
Depreciation
1,433
1,496
1,541
1,527
1,667
2,080
2,174
2,420
2,702
3,672
3,799
3,835
3,829
PBT
4,492
2,949
5,183
6,928
9,831
10,429
7,725
15,464
7,256
12,595
16,096
9,725
12,964
Tax %
32%
37%
35%
31%
33%
9%
20%
20%
23%
21%
23%
22%
—
Net Profit
3,160
1,874
3,374
4,805
6,553
9,515
6,143
12,304
5,596
9,903
12,463
7,582
9,870
EPS in Rs
4.67
2.76
4.98
7.09
9.68
13.93
9.21
18.4
8.54
15.06
18.93
11.53
15.03
Div. Payout %
24%
37%
56%
43%
25%
31%
36%
36%
59%
37%
40%
48%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1,268
1,268
1,691
2,255
2,255
4,510
4,440
4,440
6,575
6,575
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
78,422
82,474
Borrowings
18,291
9,052
6,553
3,876
2,224
6,912
7,873
9,216
17,816
21,794
21,595
24,831
Other Liabilities
17,355
13,608
12,433
15,798
20,199
18,754
19,975
23,254
25,062
25,944
26,583
26,688
Total Liabilities
69,669
59,063
58,291
61,353
68,426
74,934
81,030
96,584
1,07,805
1,24,735
1,33,176
1,40,569
Fixed Assets
33,976
29,946
30,092
30,480
32,700
38,230
41,160
44,572
49,697
55,188
58,836
68,667
CWIP
13,806
3,688
4,126
5,938
9,738
11,666
13,400
15,490
16,646
23,627
27,421
24,072
Investments
1,272
9,844
10,125
10,452
10,722
9,893
13,058
16,408
17,248
21,910
22,765
26,233
Other Assets
20,615
15,584
13,948
14,482
15,267
15,145
13,413
20,114
24,214
24,010
24,155
21,597
Total Assets
69,669
59,063
58,291
61,353
68,426
74,934
81,030
96,584
1,07,805
1,24,735
1,33,176
1,40,569
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
4,214
3,960
6,024
8,769
7,984
8,345
8,993
9,420
3,205
12,586
15,727
11,249
Investing
-2,809
-904
-334
-2,660
-5,701
-8,299
-4,640
-5,490
-7,453
-8,226
-6,615
-8,856
Financing
-3,058
-3,028
-5,275
-5,252
-3,364
281
-3,471
-3,917
2,972
-3,457
-8,941
-2,750
Net Cash Flow
-1,653
29
415
858
-1,081
328
882
13
-1,276
902
171
-358
Free Cash Flow
1,498
2,500
4,029
5,370
443
-890
3,309
2,481
-5,548
98
7,818
2,451
CFO/OP
93
103
120
130
102
121
142
84
64
111
118
113
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
19
19
21
23
21
24
22
29
27
26
27
22
Inventory Days
18
14
17
17
16
21
25
19
17
20
20
16
Days Payable
26
25
27
35
24
25
37
28
20
22
24
19
Cash Conversion Cycle
12
8
11
6
13
20
10
20
23
24
22
19
Working Capital Days
-12
-17
-10
-24
-5
-10
-24
-6
-6
-8
-7
-14
ROCE %
10%
8%
12%
16%
22%
20%
13%
23%
10%
15%
14%
10%

Shareholding Pattern

As of Jun 2026
Promoters 51.79%
DIIs 19.20%
FIIs 14.99%
Government 7.50%
Public 5.52%
Others 1.01%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
51.82%
51.83%
51.85%
51.80%
51.80%
51.89%
51.90%
51.91%
51.91%
51.91%
51.91%
51.90%
51.90%
51.92%
51.92%
51.90%
51.88%
51.88%
51.88%
51.88%
51.88%
51.79%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
14.76%
14.24%
14.17%
15.19%
16.79%
16.05%
14.79%
14.91%
13.72%
14.07%
13.04%
14.99%
DIIs
19.05%
19.03%
17.43%
15.27%
15.90%
15.30%
13.93%
15.97%
17.93%
18.05%
19.13%
19.37%
19.68%
18.25%
17.02%
17.70%
19.13%
19.04%
19.98%
19.86%
20.60%
19.20%
Government
8.47%
7.95%
7.94%
7.93%
7.93%
8.04%
7.91%
7.91%
7.93%
7.93%
7.91%
7.91%
7.51%
7.51%
7.51%
7.51%
7.51%
7.51%
7.51%
7.51%
7.51%
7.50%
Public
3.33%
3.30%
3.41%
4.37%
3.89%
4.03%
5.48%
5.22%
4.95%
5.04%
5.31%
5.49%
5.51%
5.86%
5.54%
5.61%
5.56%
5.57%
5.74%
5.63%
5.91%
5.52%
Others
17.34%
17.88%
19.37%
20.63%
20.49%
20.75%
20.78%
18.99%
17.28%
17.06%
0.98%
1.10%
1.23%
1.27%
1.22%
1.24%
1.12%
1.09%
1.17%
1.05%
1.06%
1.01%
No. of Shareholders
5,23,217
5,53,395
5,81,181
7,12,451
7,26,712
7,75,601
9,07,644
9,52,717
9,25,222
9,07,339
9,45,498
10,11,140
12,27,210
15,17,620
15,50,420
16,02,030
16,71,480
16,38,230
16,32,190
15,88,210
16,17,720
15,66,830

Documents

Frequently Asked Questions about GAIL (India) Ltd

What does GAIL (India) Ltd do?
Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petrone...
Where is GAIL (India) Ltd (GAIL) listed?
GAIL (India) Ltd is listed on the Indian stock exchanges. It is listed on NSE: GAIL and BSE: 532155. You can view its live share price, financials, and ratios on Tapetide.
Which sector does GAIL (India) Ltd belong to?
GAIL (India) Ltd operates in the Energy sector within the Gas industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of GAIL (India) Ltd?
GAIL (India) Ltd has a market capitalisation of approximately ₹113236.37 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of GAIL (India) Ltd?
The Price-to-Earnings (PE) ratio of GAIL (India) Ltd is 11.54. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of GAIL (India) Ltd?
Over the past 52 weeks, GAIL (India) Ltd has traded between a low of ₹134.36 and a high of ₹186.87. This range helps investors understand the stock's price volatility and recent trading levels.
Does GAIL (India) Ltd pay dividends?
Yes, GAIL (India) Ltd has a dividend yield of 3.20%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of GAIL (India) Ltd?
GAIL (India) Ltd has a Return on Equity (ROE) of 8.49%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research GAIL (India) Ltd on Tapetide?
On Tapetide, you can view GAIL (India) Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.

Website gailonline.com
CEO Mr. Sandeep Kumar Gupta
Employees 5,010
Listed 1997-04-02
Face Value ₹ 10
Issued Size 6,57,50,99,643

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