More about Gujarat Gas Limited
Fundamentals for Gujarat Gas Limited
Regulatory Filings 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:
Revenues for GUJGASLTD are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
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 |
Gujarat Gas Limited's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
GUJGASLTD's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins.
GUJGASLTD's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.
GUJGASLTD's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for Gujarat Gas Limited have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.
Recommendation changes over time:
Recent analysis shows a strong buy bias for GUJGASLTD, encouraging investors to view it as a solid investment option. The positive sentiment surrounding GUJGASLTD suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
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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