More about Gujarat Gas Limited
Fundamentals for Gujarat Gas Limited
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Fundamentals for Gujarat Gas Limited
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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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 21.272345 |
| debtToEquity | 118.640000 |
| earningsGrowth | 0.326000 |
| revenueGrowth | 0.211000 |
| grossMargins | 0.214270 |
| operatingMargins | 0.103380 |
| trailingEps | 16.870000 |
| forwardEps | 17.463990 |
GUJGASLTD's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
GUJGASLTD's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen.
GUJGASLTD's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.
Gujarat Gas Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The stock price of GUJGASLTD has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
Analysts' recent buy bias toward GUJGASLTD suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see GUJGASLTD as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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