Gujarat Energy Limited

NSE: GUJENERGY · LPG/CNG/PNG/LNG Supplier · sector

Compare with peers

₹212.68NSE close 2026-10-27

Key numbers

Market cap₹19,926 cr

Price₹212.68

52w high / low₹351 / ₹213

P/E9.5xSector median 14.3x

P/B1.1xSector median 1.6x

Book value₹196.8

Dividend yield0.92%Sector median 0.92%

ROE14.1%Sector median 12.3%

ROCE11.7%Sector median 13.1%

OPM11.6%Sector median 12.1%

Debt / equity0.17xSector median 0.05x

EV/EBITDA7.9xSector median 7.1x

Interest cover20.1x

Current ratio1.86x

Sales growth 3y+12.2%Sector median +10.2%

Profit growth 3y+9.7%Sector median +3.1%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 7 companies in LPG/CNG/PNG/LNG Supplier (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1,314 cr vs borrowings ₹3,060 cr (FY26): borrowings are higher by ₹1,746 cr.
Operating profit covered interest 20.1x in the last 12 months.
Promoter holding fell by 21.95 percentage points in a year, to 38.94% (2026-09-30).
Operating cash flow was below net profit in 0 of the last 5 years.
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 25% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹212.68 on 2026-10-27: -39.4% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹615.30 · low ₹212.68

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	3,949	4,333	4,289	4,065	3,979	3,865	6,002	9,771
EBITDA	514	380	450	520	447	447	462	1,381
OPM %	13.0%	8.8%	10.5%	12.8%	11.2%	11.6%	7.7%	14.1%
Other income	39	57	74	59	71	55	159	193
Net profit	309	221	288	328	280	267	351	999
EPS (₹)	4.48	3.21	4.18	4.76	4.06	3.88	3.75	10.67
Revenue YoY					+0.8%	-10.8%	+39.9%	+140.4%
Profit YoY					-9.4%	+20.7%	+22.0%	+205.0%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	16,787	17,306	16,293	17,185	24,425	23,618
EBITDA	2,064	2,392	1,932	1,880	2,902	2,737
Net profit	1,287	1,528	1,144	1,148	2,019	1,897
EPS (₹)	18.70	22.20	16.61	16.68	21.55	22.36
Revenue growth		+3.1%	-5.9%	+5.5%	+42.1%	+42.0%
Profit growth		+18.7%	-25.2%	+0.4%	+75.8%	+65.7%
Dividend / share (₹)	2.00	2.00	6.65	5.66	5.82

Compounded growth	3 years	5 years	Last 12 months
Sales	+12.2%	+19.5%	+42.0%
Net profit	+9.7%	+9.6%	+65.7%
EPS	-1.0%	+3.0%	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	7,028	7,722	8,490	18,439
Borrowings	–	0	0	0	3,060
Cash & equivalents	–	681	926	359	1,314
Total assets	–	10,927	11,692	12,651	27,546
Fixed assets	–	6,860	7,224	7,656	13,060
Capital work in progress	–	958	900	824	836
Investments	–	30	135	136	117
Receivables	–	1,021	1,030	1,024	1,752
Inventory	–	61	59	62	1,122
Payables	–	716	700	720	1,654

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	1,662	2,375	1,634	1,806	2,721
Cash from investing	-1,294	-1,039	-879	-1,921	-2,097
Cash from financing	-628	-678	-514	-474	-417
Capex	1,366	1,087	837	752	953
Free cash flow	295	1,289	797	1,054	1,767

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	21.7%	14.8%	13.5%	10.9%
ROCE %	–	29.4%	20.3%	18.6%	11.9%
Debtor days	–	22	23	22	26
Inventory days	–	2	2	2	22
Payable days	–	20	20	20	32
Cash conversion cycle (days)	–	4	5	4	16
Working capital days	–	-17	-13	0	70

Shareholding

Holder (% of shares)	Dec 2025	Mar 2026	Jun 2026	Sep 2026	Change since Dec 2025
Promoters	60.89%	–	38.94%	38.94%	-21.95 pts
FIIs	3.82%	–	10.85%	11.94%	+8.12 pts
DIIs	15.06%	–	24.23%	21.34%	+6.28 pts
of which Mutual funds	8.05%	–	16.38%	13.34%	+5.29 pts
of which Insurance	7.01%	–	5.38%	5.44%	-1.57 pts
Government	7.01%	–	7.23%	7.23%	+0.22 pts
Public (non-institutions)	13.22%	–	18.74%	20.55%	+7.33 pts
No. of shareholders	1,66,450	–	3,27,344	3,49,418	+109.9%

PromotersFIIsDIIsPublic (non-institutions)

Promoter group	%
Governor of Gujarat	38.80%
Gujarat Industrial Development Corporation	3.54%
Gujarat Alkalies and Chemicals Limited	2.35%
Gujarat State Energy Generation Limited	0.14%

Public holders above 1%	%
Gujarat State Fertilizers & Chemicals Limited	5.08%
Lici ASM NON PAR	4.47%
ICICI Prudential Energy Opportunities Fund	4.16%
Mirae Asset Aggressive Hybrid Fund	3.40%
SBI Large & Midcap Fund	3.07%
Gujarat Maritime Board	3.04%
Government Pension Fund Global	1.35%
State Bank of India	1.31%
Letko Brosseau Emerging Markets Equity Fund	1.10%

3,49,418 shareholders. Pledged: – of promoter shares.

From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company. No filing on our file for Mar 2026 (shown as –).

Peers in LPG/CNG/PNG/LNG Supplier

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
ATGL	₹59,142 cr	92.1x	11.4x	13.3%	13.1%	16.4%	+11.0%	0.05%
PETRONET	₹44,400 cr	10.6x	2.0x	20.0%	25.7%	15.4%	-10.1%	3.38%
GUJENERGY	₹19,926 cr	9.5x	1.1x	14.1%	11.7%	11.6%	+12.2%	0.92%
IGL	₹19,533 cr	14.3x	1.7x	12.3%	12.9%	8.8%	+4.6%	3.40%
MGL	₹10,384 cr	14.5x	1.6x	11.6%	15.4%	13.8%	+9.4%	2.85%
CONFIPET	₹2,303 cr	14.8x	1.6x	9.8%	13.7%	6.8%	+28.7%	0.16%
IRMENERGY	₹1,000 cr	13.7x	1.0x	7.5%	11.5%	12.1%	–	0.62%

All 7 companies in LPG/CNG/PNG/LNG Supplier →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Gas Trading	₹16,086 cr	48.6%	₹1,320 cr	8.2%
City Gas Distribution	₹15,976 cr	48.3%	₹1,398 cr	8.8%
Power	₹584 cr	1.8%	₹-258 cr	-44.1%
Regasification business	₹311 cr	0.9%	₹-173 cr	-55.7%
E and P	₹93 cr	0.3%	₹-31 cr	-33.7%
Unallocated	₹45 cr	0.1%	₹0 cr	0.0%
Gas Transmission	₹0 cr	–	₹0 cr	–

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-11	Dividend	Dividend - Rs 8.90 Per Share
2026-07-02	Restructuring	Demerger
2025-09-04	Dividend	Dividend - Rs 5.82 Per Share
2024-09-09	Dividend	Dividend - Rs 5.66 Per Share
2023-09-11	Dividend	Dividend - Rs 6.65 Per Share
2022-08-19	Dividend	Dividend - Rs 2 Per Share
2021-09-08	Dividend	Dividend - Rs 2 Per Share
2020-09-09	Dividend	Dividend - Rs 1.25 Per Share
2019-09-12	Dividend	Annual General Meeting/Dividend - Rs 1 Per Share
2019-01-15	Split	Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share
2018-09-18	Dividend	Dividend Rs 4 Per Share
2017-09-20	Dividend	Annual General Meeting/Dividend- Rs 3 Per Share
2016-09-21	Dividend	Dividend - 2.50 Per Share
2015-12-17	Dividend	Dividend-Rs 5 Per Share

Latest filings

27 Oct 2026
Analysts/Institutional Investor Meet/Con. Call Updates
GUJARAT ENERGY LIMITED has informed the Exchange about Schedule of meet
14 Oct 2026
Press Release
GUJARAT ENERGY LIMITED has informed the Exchange regarding a press release dated October 14, 2026, titled "Gujarat Energy Sets New Financial Benchmark - Highest Ever Dividend Paid to Government of Gujarat in a Single…
14 Oct 2026
General Updates
GUJARAT ENERGY LIMITED has informed the Exchange about No Objection received from Stock Exchanges for Reclassification of Gujarat State Energy Generation Limited from Promoter Category to Public Category
9 Oct 2026
Credit Rating
GUJARAT ENERGY LIMITED has informed the Exchange about Credit Rating
1 Oct 2026
Shareholders meeting
GUJARAT ENERGY LIMITED has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has informed the Exchange regarding voting results.
29 Sep 2026
Shareholders meeting
GUJARAT ENERGY LIMITED has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2026
29 Sep 2026
General Updates
GUJARAT ENERGY LIMITED has informed the Exchange about General Updates - Update on Scheme of Arrangement - GSPL Transmission Limited has received Final Listing and Trading Approval from BSE and NSE.
10 Sep 2026
Appointment
GUJARAT ENERGY LIMITED has informed the Exchange regarding Appointment of Ms Dhirubhai Shah & Co. LLP (WR0141) as Statutory Auditors of the Company w.e.f. April 01, 2026 by C&AG.
5 Sep 2026
Shareholders meeting
GUJARAT ENERGY LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026
5 Sep 2026
General Updates
GUJARAT ENERGY LIMITED has informed the Exchange about General Updates - General Guidance Note to the Shareholders on apportionment of cost of acquisition of Equity Shares of the Company and Resulting Company
29 Aug 2026
Cessation
GUJARAT ENERGY LIMITED has informed the Exchange regarding Cessation of Mr Yogiraj Navathe as Other Senior Management Personnel of the company w.e.f. August 29, 2026 after office hours on account of his Superannuation.
27 Aug 2026
General Updates
GUJARAT ENERGY LIMITED has informed the Exchange about General Updates - Intimation for E-mail Communication sent to eligible shareholders of GSPC and GSPL informing about the distribution of sale proceeds attributable…
27 Aug 2026
Updates
GUJARAT ENERGY LIMITED has informed the Exchange regarding 'Intimation for date of payment of dividend, if declared by the Shareholders in ensuing Annual General Meeting scheduled on 29.09.2026
27 Aug 2026
Record Date
GUJARAT ENERGY LIMITED has informed the Exchange that Record date for the purpose of Dividend is 11-Sep-2026.
27 Aug 2026
General Updates
GUJARAT ENERGY LIMITED has informed the Exchange about General Updates - Intimation of date of 14th Annual General Meeting and its related Information

Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.

Documents

Links go to the original files on the exchange website.

About the company

Electricity, gas, steam, and air conditioning supply - Distribution and sale of gaseous fuels through mains: City Gas Distribution
Wholesale of gaseous fuels: such as liquefied petroleum gases, liquefied natural gas, butane and propane gas, and their related bio and renewable forms (blended or pure) – Natural gas Trading: Natural Gas Trading


Sector	Energy
Industry	LPG/CNG/PNG/LNG Supplier
Sub-industry	LPG/CNG/PNG/LNG Supplier
Symbol	GUJENERGY
BSE code	539336
ISIN	INE844O01030
Face value	₹2.0
Incorporated	2012-02-21
Website	https://www.gujarat-energy.com
Plants (India / abroad)	964 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.