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Gujarat Natural Resources Ltd (GNRL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513536 NSE: GNRL Oil Exploration | Small Cap | Guj. Natural Resourc Share Price

₹93.45 0.53 (0.57%)

As on 12-Jun'26 16:59

Gujarat Natural Resources Ltd (GNRL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513536 NSE: GNRL Oil Exploration | Small Cap | Guj. Natural Resourc Share Price

₹93.45 0.53 (0.57%)

As on 12-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,434 Cr.
Current Price
₹93.5
52-Week Low / High
₹59 / 114
TTM EPS
₹0.6
TTM Sales
₹11.5 Cr.
Book Value per Share
₹15.1
P/E Ratio
170.13
Industry PE
10.4
Price to Book (P/B)
6.21
Higher than its 5-year historical median
Price to Sales (P/S)
124.91
Higher than its 5-year historical median
EV/EBITDA
125.28
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.13%
Underperforms industry median
Return on Capital Employed (ROCE)
1.20%
Underperforms industry median
Return on Assets (ROA)
0.11%
Operating Profit Margin
-66.3%
Net Profit Margin
26.08%
Gross Profit Margin
34.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-68.75%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
2.31%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹78 Cr.
Equity
₹153.4 Cr.
Face Value
₹10
All Time Low / High
₹0.16 / 188.32

Gujarat Natural Resources stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Gujarat Natural Resources Ltd a good quality company?
Gujarat Natural Resources Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Gujarat Natural Resources Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Gujarat Natural Resources Ltd vs industry peers?
Gujarat Natural Resources Ltd revenue CAGR is -27.52%, compared to the industry median CAGR of 9.51%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Gujarat Natural Resources Ltd?
Promoters hold 2.31% of the Gujarat Natural Resources Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Gujarat Natural Resources Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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 Natural Resources Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -0.4%0.9%-0.6%-0.5%-25.1%0.1%-0.5%0.2%-2%1.2%-
Value Creation
Index
-1.0-0.9-1.0-1.0-2.8-1.0-1.0-1.0-1.1-0.9-

Growth Parameters

Sales 00003.51.900.32.20.711
Sales YoY Gr.-NANANANA-46.6%-100%NA578.8%-68.8%-
Adj EPS -0.10.1-0.1-0.1-1-0.1-0.1-0-0.500.6
YoY Gr.-NA-237.5%NANANANANANANA-
BVPS (₹) 16.216.215.815.712.712.611.611.511.312.815.1
Adj Net
Profit
-0.30.4-0.5-0.5-7.5-0.8-0.8-0.4-5.10.28
Cash Flow from Ops. 5.4-1.13.8-13.1-49.8-12.2-14.10.4-0.8-45.9-
Debt/CF from Ops. 0.4-1.95.2-0.9-0-1.2-0.441.7-37.6-0.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA-27.5%NA-68.8%
Adj EPS NANANANA
BVPS-2.6%0.2%3.4%12.9%
Share Price 12.2% 55.5% 103.3% 54.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-0.40.5-0.7-0.6-7.8-0.8-0.7-0.3-4.20.14
Op. Profit
Mgn %
0000-0.4-240-52.5-127.2-66.352.8
Net Profit
Mgn %
0000-213.9-44.50-128.3-228.926.173.5
Debt to
Equity
000.30.200.200.20.30.10
Working Cap
Days
00008,70919,91401,37,41221,46177,5431,984
Cash Conv.
Cycle
0000-433-1,3960-6,094-1,9881381,833

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0000320021
Operating Expenses + 0111421151
Manufacturing Costs0000000000
Material Costs0000320000
Employee Cost 0000000000
Other Costs 0000011051
Operating Profit -0-1-1-1-0-0-1-0-3-0
Operating Profit Margin (%) -----0.4%-24.0%--52.5%-127.0%-66.3%
Other Income + 0100010002
Exceptional Items 0000-2500000
Interest 0000010122
Depreciation 0000000000
Profit Before Tax -01-1-1-25-1-1-0-50
Tax 00000-0-0000
Profit After Tax -00-1-1-25-1-1-0-50
PAT Margin (%) -----718.0%-44.5%--126.0%-229.0%26.1%
Adjusted EPS (₹)-0.10.1-0.1-0.1-3.5-0.1-0.1-0.0-0.50.0
Dividend Payout Ratio (%)0%93.70%0%0%0%0%0%0%0%0%

Valuation of Guj. Natural Resourc - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 828282819594122122116165
Share Capital 393939395656808080128
Reserves 44444343393842413636
Debt +2220122155183011
Long Term Debt0000000000
Short Term Debt2220122155183011
Minority Interest0000000000
Trade Payables8888888400
Others Liabilities 110144164454
Total Liabilities 9394110115109133139147151180

Fixed Assets

Net Fixed Assets +1100000000
Gross Block2200000000
Accumulated Depreciation0100000000
CWIP 0000000000
Investments 21313434151515151515
Inventories0000000000
Trade Receivables7778100010
Cash Equivalents 0000000000
Others Assets 6354687392118123131135163
Total Assets 9394110115109133139147151180

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 5-14-13-50-12-140-1-46
PBT -01-1-1-25-1-1-0-50
Adjustment -0-100000022
Changes in Working Capital 6-04-13-25-11-1412-48
Tax Paid -000000000-0
Cash Flow From Investing Activity + -6-9-20190000-0
Capex -0-010-00000-0
Net Investments -6-9-401900000
Others -0000000000
Cash Flow From Financing Activity + 011-113311214-0146
Net Proceeds from Shares 00-1039000048
Net Proceeds from Borrowing 020000000-0
Interest Paid 00-0000-0-0-2-2
Dividend Paid 0000000000
Others 08-013-81214-03-0
Net Cash Flow -000-0-00-0-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-0.420.52-0.68-0.65-29.72-0.92-0.76-0.35-4.380.13
ROCE (%)-0.380.9-0.59-0.5-25.130.07-0.470.16-1.971.2
Asset Turnover Ratio00000.030.02000.020
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days0000450.9000406.2075.40272.70
Inventory Days0000000000
Payable Days00001,000.501,806.800000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gujarat Natural Resources Ltd FAQs

The current trading price of Guj. Natural Resourc on 12-Jun-2026 16:59 is ₹93.45.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Jun-2026 the market cap of Guj. Natural Resourc stood at ₹1,433.6 Cr

The latest P/E ratio of Guj. Natural Resourc as of 11-Jun-2026 is 170.1.

The latest P/B ratio of Guj. Natural Resourc as of 11-Jun-2026 is 6.21.

The 52-week high of Guj. Natural Resourc is ₹114.0 and the 52-week low is ₹59.45.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Guj. Natural Resourc is ₹11.48 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gujarat Natural Resources Ltd is a below average quality company.

The key valuation ratios of Gujarat Natural Resources Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gujarat Natural Resources Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Gujarat Natural Resources Ltd

Gujarat Natural Resources, earlier known as Lesha Energy Resources was incorporated on August 23, 1991 as Lesha Steels under the Companies Act, 1956 in the state of Gujarat. The company set up a unit to manufacture different grades of low carbon alloy steels.  The company has obtained the certificate of commencement of business on June 24, 1992 from the office of the Registrar of Companies, Gujarat. The company is promoted by A C Shah, a technocrat and entrepreneur who has a rich experience in industry, business & finance and Dipak C Shah, a businessman engaged in trading and consultancy business.

In 2010 the Company changed the name from "Lesha Energy Resources Ltd" to "Gujarat Natural Resources Ltd".

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About MoneyWorks4Me

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