---
title: "Gateway Distriparks Ltd(Merged) (GDL) — Share Price, Financials & Analysis"
symbol: "GDL"
company: "Gateway Distriparks Ltd(Merged)"
canonical: "https://tapetide.com/stocks/GDL"
sector: "Services"
industry: "Transport Services"
generated_at: "2026-10-13T11:53:41.781Z"
---

# Gateway Distriparks Ltd(Merged) (GDL)

Canonical page: https://tapetide.com/stocks/GDL

## Company

- **Sector:** Services
- **Industry:** Transport Services
- **Macro Sector:** Services
- **Stock Type:** DELISTED
- **Listed Since:** 2005-03-31
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gateway-distriparks.com

## About

Gateway Distriparks Ltd is engaged in business of container freight stations (CFS) / Inland Container Depots (ICD) at various locations, transportation of cargo by containers on Indian Railways Network, road transportation of containers/ cargo/ chilled and frozen products and operating storage facilities at cold stores at various locations in India.[1]

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 37.9%
- Debtor days have improved from 61.6 to 40.2 days.

### Weaknesses

- Company has a low return on equity of 7.44% over last 3 years.
- Contingent liabilities of Rs.5,239 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 210% | 8% | -1% |
| revenue growth | 21% | 44% | 25% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 120 | 369 | 325 | 299 | 299 | 253 | 263 | 314 | 350 | 330 | 336 | 349 |
| Expenses | 98 | 255 | 254 | 238 | 235 | 183 | 198 | 231 | 255 | 240 | 245 | 256 |
| Operating Profit | 22 | 113 | 71 | 61 | 64 | 70 | 64 | 83 | 95 | 89 | 91 | 93 |
| OPM % | 18 | 31 | 22 | 20 | 22 | 28 | 25 | 26 | 27 | 27 | 27 | 27 |
| Other Income | 307 | 3 | 4 | 14 | 5 | 2 | 4 | 3 | 3 | 3 | 6 | 7 |
| Interest | 4 | 26 | 26 | 26 | 25 | 23 | 21 | 18 | 17 | 16 | 16 | 16 |
| Depreciation | 7 | 32 | 33 | 34 | 34 | 33 | 33 | 33 | 32 | 32 | 33 | 33 |
| Profit before tax | 318 | 59 | 16 | 14 | 10 | 15 | 14 | 35 | 48 | 44 | 48 | 51 |
| Tax % | 6 | -1 | -10 | -24 | -9 | 26 | 76 | 6 | 4 | 0 | 2 | 6 |
| Net Profit | 301 | 59 | 17 | 16 | 11 | 11 | 3 | 33 | 46 | 44 | 47 | 48 |
| EPS in Rs | 24.1 | 4.68 | 1.36 | 1.32 | 0.89 | 0.93 | 0.27 | 2.68 | 3.68 | 3.49 | 3.76 | 3.85 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 954 | 1013 | 1111 | 388 | 393 | 396 | 431 | 1292 | 1179 | 1365 |
| Expenses | 708 | 754 | 783 | 285 | 302 | 311 | 348 | 983 | 866 | 996 |
| Operating Profit | 246 | 259 | 328 | 102 | 92 | 85 | 83 | 309 | 314 | 369 |
| OPM % | 26 | 26 | 30 | 26 | 23 | 21 | 19 | 24 | 27 | 27 |
| Other Income | 15 | 17 | 13 | 83 | 30 | 54 | 358 | 25 | 11 | 19 |
| Interest | 19 | 29 | 25 | 5 | 6 | 11 | 13 | 103 | 80 | 66 |
| Depreciation | 70 | 80 | 89 | 28 | 27 | 30 | 33 | 133 | 131 | 131 |
| Profit before tax | 173 | 166 | 227 | 152 | 89 | 97 | 395 | 98 | 113 | 191 |
| Tax % | 22 | 11 | 19 | 19 | 17 | 14 | 8 | -6 | 17 | — |
| Net Profit | 136 | 147 | 191 | 123 | 74 | 83 | 365 | 104 | 94 | 185 |
| EPS in Rs | 10.17 | 10.89 | 15.05 | 9.87 | 5.96 | 6.63 | 29.26 | 8.26 | 7.56 | 14.78 |
| Dividend Payout % | 60 | 56 | 41 | 62 | 102 | 92 | 13 | 47 | 53 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 108 | 108 | 109 | 109 | 109 | 109 | 109 | 109 | 109 | 125 |
| Reserves | 640 | 680 | 728 | 815 | 910 | 909 | 901 | 1213 | 1208 | 1350 |
| Borrowings | 423 | 548 | 620 | 478 | 55 | 128 | 148 | 832 | 950 | 718 |
| Other Liabilities | 178 | 176 | 260 | 158 | 43 | 45 | 60 | 154 | 166 | 205 |
| Total Liabilities | 1349 | 1512 | 1716 | 1559 | 1117 | 1191 | 1217 | 2308 | 2433 | 2397 |
| Fixed Assets | 960 | 1170 | 1258 | 996 | 241 | 279 | 323 | 1842 | 1963 | 1845 |
| CWIP | 56 | 56 | 76 | 30 | 19 | 37 | 0 | 2 | 5 | 29 |
| Investments | 0 | 0 | 34 | 225 | 674 | 707 | 730 | 186 | 60 | 0 |
| Other Assets | 332 | 285 | 348 | 308 | 183 | 167 | 164 | 278 | 404 | 523 |
| Total Assets | 1349 | 1512 | 1716 | 1559 | 1117 | 1191 | 1217 | 2308 | 2433 | 2397 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 207 | 193 | 210 | 237 | 54 | 61 | 85 | 121 | 303 | 308 |
| Cash from Investing Activity | -86 | -193 | -201 | -182 | 36 | -56 | 1 | -563 | -19 | 24 |
| Cash from Financing Activity | -94 | -15 | -9 | -70 | -114 | -12 | -89 | 450 | -336 | -228 |
| Net Cash Flow | 27 | -14 | 0 | -15 | -24 | -7 | -4 | 9 | -52 | 103 |
| Free Cash Flow | 96 | -45 | 13 | 82 | 83 | -14 | 54 | 112 | 253 | 269 |
| CFO/OP | 100 | 90 | 97 | 91 | 95 | 90 | 119 | 160 | 109 | 105 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 29 | 37 | 41 | 35 | 40 | 42 | 50 | 108 | 37 | 40 |
| Cash Conversion Cycle | 29 | 37 | 41 | 35 | 40 | 42 | 50 | 108 | 37 | 40 |
| Working Capital Days | -6 | -4 | -32 | -6 | 13 | 7 | -22 | -46 | -41 | -55 |
| ROCE % | 17 | 14 | 13 | 17 | 10 | 8 | 9 | 7 | 9 | 9 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.06% | 28.79% | 29.72% | 30.17% | 32.14% | 32.14% |
| FIIs | 40.98% | 35.13% | 31.33% | 27.19% | 27.78% | 20.11% |
| DIIs | 24.63% | 26.63% | 26.58% | 29.49% | 28.63% | 32.35% |
| Government | 0% | 0.01% | 0% | 0% | 0% | 0% |
| Public | 9.33% | 9.45% | 12.38% | 13.14% | 11.44% | 15.39% |
| No. of Shareholders | 32952 | 33174 | 33681 | 32651 | 31845 | 44591 |

### Quarterly

| Category | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 29.72% | 30% | 30% | 30% | 30.17% | 30.17% | 32.14% | 32.14% | 32.14% | 32.14% | 32.14% | 32.14% |
| FIIs | 31.33% | 30.9% | 29.89% | 26.79% | 27.19% | 26.9% | 25.89% | 25.45% | 27.78% | 24.81% | 24.69% | 20.11% |
| DIIs | 26.58% | 26.8% | 27.75% | 29.08% | 29.49% | 28.89% | 27.72% | 28.59% | 28.63% | 26.56% | 27.4% | 32.35% |
| Public | 12.38% | 12.29% | 12.35% | 14.13% | 13.14% | 14.04% | 14.25% | 13.82% | 11.44% | 16.49% | 15.77% | 15.39% |
| No. of Shareholders | 33681 | 33093 | 32984 | 33622 | 32651 | 35344 | 35474 | 34490 | 31845 | 41905 | 39342 | 44591 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2022-03-24 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E4D7EC1C_8A86_4FA1_A5A5_08312E9D8E09_153130.pdf) |
| 2022-03-24 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4C492303_6704_4571_B89B_019295F9B296_171831.pdf) |
| 2022-03-24 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/E4D7EC1C_8A86_4FA1_A5A5_08312E9D8E09_153130.pdf) |
| 2022-03-24 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4C492303_6704_4571_B89B_019295F9B296_171831.pdf) |
| 2022-03-19 | [Merger Updates- Trading Approval](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=925e4355-0166-408d-becf-1ba54d445e2a.pdf) |
| 2022-03-19 | [Merger Updates- Trading Approval](https://www.bseindia.com/xml-data/corpfiling/AttachHis/925e4355-0166-408d-becf-1ba54d445e2a.pdf) |
| 2022-03-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=704b23e7-da50-4577-bdad-b34ca957bc22.pdf) |
| 2022-03-14 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89437dfe-a94c-4b59-80cb-4250e31186b4.pdf) |
| 2022-03-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/704b23e7-da50-4577-bdad-b34ca957bc22.pdf) |
| 2022-03-14 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89437dfe-a94c-4b59-80cb-4250e31186b4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/532622/69353532622.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/532622/65676532622.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/532622/5326220312.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2022 | [Concall - Feb 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98533b0b-a7be-44fe-aef3-42f7ec1b2fd8.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae5dde9d-ca6a-46ae-9217-61a7d2cd9e08.pdf) |
| Jul 2021 | [Concall - Jul 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abb9c5ae-29db-4b3b-a8b1-7455022b3bc2.pdf) |
| May 2021 | [Concall - May 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f00b8093-722e-4be4-bce2-a35f017e8891.pdf) |
| Jan 2021 | Concall - Jan 2021 |
| Oct 2020 | Concall - Oct 2020 |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89086179-85b8-4c55-9ef5-b98fff66a629.pdf) |
| Aug 2020 | Concall - Aug 2020 |
| Jun 2020 | [Concall - Jun 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=156d677f-0735-4906-a510-63f728426aa6.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2021-11-09 | Credit rating update — India Ratings |
| 2019-10-04 | Credit rating update — India Ratings |
| 2019-04-10 | Credit rating update — India Ratings |
| 2019-03-18 | Credit rating update — India Ratings |
| 2018-08-30 | Credit rating update — India Ratings |
| 2017-10-17 | Credit rating update — India Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:53:41.781Z.