More about Gujarat Gas Limited
Fundamentals for Gujarat Gas Limited
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Fundamentals for Gujarat Gas Limited
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Gas
Gujarat Gas Limited engages in the distribution of natural gas in India. It operates a network of approximately 41,700 kilometers of natural gas pipeline and 820 compressed natural gas (CNG) stations. The company supplies piped natural gas to approximately 21.90 lakh households, approximately 15,470 commercial customers; and approximately 4,410 industrial customers, as well as operates 820 CNG stations. It operates in the states of Gujarat, Maharashtra, Punjab, Madhya Pradesh, Rajasthan, and Haryana; and 1 union territory of Dadra and Nagar Haveli, and Daman and Diu. The company was formerly known as GSPC Distribution Networks Limited and changed its name to Gujarat Gas Limited in May 2015. Gujarat Gas Limited was incorporated in 2012 and is based in Gandhinagar, India. Gujarat Gas Limited operates as a subsidiary of Gujarat State Petronet Limited.
Revenue projections:
Gujarat Gas Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 20.445135 |
| debtToEquity | 1.739000 |
| earningsGrowth | 0.209000 |
| revenueGrowth | -0.119000 |
| grossMargins | 0.214270 |
| operatingMargins | 0.085310 |
| trailingEps | 16.890000 |
| forwardEps | 19.816450 |
GUJGASLTD's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
GUJGASLTD's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
Gujarat Gas Limited's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues.
Gujarat Gas Limited's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that Gujarat Gas Limited's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
GUJGASLTD's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about GUJGASLTD's ability to meet previous growth targets.
Recommendation changes over time:
A recent buy bias from analysts toward GUJGASLTD indicates strong confidence in the stock's future performance. This could encourage investors to park their money in GUJGASLTD, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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