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Gujarat Gas Ltd Stock Analysis

Large Cap
Evaluated by 1456 users | BSE: 539336 | NSE: GUJGASLTD |
Gas Transmission/Marketing

Gujarat Gas Ltd. (GGL) is India's largest City Gas Distribution player with its presence spread many Districts in the State of Gujarat, Union Territory of Dadra & Nagar Haveli and Thane Geographical Area (GA) (excluding already authorised areas)...

1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gujarat Gas Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 00-0.09%7.47%13.43%8.53%9.63%10.79%13.42%27.63%
Value Creation Index NANANANA-0.04-0.39-0.32-0.23-0.05NA
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 0007,7979,0066,1065,0936,1747,75410,300
Y-o-Y Gr. Rt.-NANANA15.5%-32.2%-16.6%21.2%25.6%32.8%
Adjusted EPS (Rs.) 00-154.80.496.513.093.294.316.2417.35
Y-o-Y Gr. Rt.-NANANA1228.6%-52.5%6.5%31%44.8%178%
Book Value per Share (Rs.) 00-152.823.7228.9221.9223.8926.8231.7347.8
Adjusted Net Profit 00-3.933.54482132262974301,194
Net Op. Cash Flow (Rs. Cr.) 00-0.44121,0946377017859641,422
Debt to Cash Flow from Ops 00-3,7508.022.953.73.372.972.291.41
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Gujarat Gas Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales NA2.7%26.5%32.8%
Adjusted EPS NA21.7%74.1%178%
Book Value per Share 010.62650.7
Share Price - 38.4% 45.5% 128.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 00-1.123.3824.712.1414.3517.0121.3343.64
Operating Profit Margin (%) 0007.6312.3712.114.9714.7912.8516.01
Net Profit Margin (%) 0000.434.973.484.444.815.5411.6
Debt to Equity 00-392.672.021.621.561.431.261.010.61
Working Capital Days 00020314253494436
Cash Conversion Cycle 0000-203475
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 60.89%
Institutions 16.02%
Non-Institutions 23.09%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Gujarat Gas Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Gujarat Gas Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Gujarat Gas Ltd's performance infers:

Gujarat Gas Ltd earnings have grown by 21.7%, whereas share price has appreciated 38.4% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Gujarat Gas Ltd. (GGL) is India's largest City Gas Distribution player with its presence spread many Districts in the State of Gujarat, Union Territory of Dadra & Nagar Haveli and Thane Geographical Area (GA) (excluding already authorised areas) which includes Palghar District of Maharashtra. In 10th CGD bidding round announced by PNGRB the company has won 6 GAs comprising of 17 cities in the state of Punjab, Haryana, Madhya Pradesh and Rajasthan,

Gujarat Gas Ltd. (GGL) is India's largest City Gas Distribution player with its presence spread many Districts in the State of Gujarat, Union Territory of Dadra & Nagar Haveli and Thane Geographical Area (GA) (excluding already authorised areas) which includes Palghar District of Maharashtra. In 10th CGD bidding round announced by PNGRB the company has won 6 GAs comprising of 17 cities in the state of Punjab, Haryana, Madhya Pradesh and Rajasthan, making GGL a pan India Company. The company has India's largest customer base in Residential, Commercial and Industrial segments. It is committed to reach out to every possible natural gas user in its expanded GAs. The size and scale of the combined entity gives it the ability to achieve efficiencies and effectively manage the transformational changes in the sector. This major gain in productivity would benefit all the key stakeholders i.e. Customers and Shareholders. It is strategically aligned to energize India's natural gas vision. Registered Office of the company is Gujarat Gas CNG Station, Sector 5/C, Gandhinagar - 382006 Gujarat.

Business area of the company

The Company is engaged in City Gas Distribution including sale, purchase supply, distribution, transport, trading in Natural Gas, CNG, LNG, LPG & other Gaseous form through Pipelines, Trucks/ Trains or such other suitable mode for transportation/distribution of Natural Gas, CNG, LNG, LPG & other Gaseous Form.

Recognitions

  • The company has received ISO 9001:2015 certification, the world’s most recognized quality management standard.
  • This certification demonstrates GGL’s mature Management System with a proven framework to provide quality services to its customers. The three certifications which GGL received are:

1) Management System Certificate for Quality Management System standard ISO 9001:2015.

2) Management System Certificate for Environmental Management System standard ISO 14001:2015.

3) Management System Certificate for Occupational Health & Safety Management System standard OHSAS 18001:2007.


Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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