GAIL share price today

GAIL (India) Ltd's share price was ₹185.99 at the close on 5 November 2026. It has been stalling near its high for 4 weeks. That is 9.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹137 and ₹186, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today GAIL (India) Ltd is in stage 3. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +192% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: highest quarterly profit in 16 quarters, highest quarterly revenue in 16 quarters and operating margin up 5 points on a year earlier.

1. Highest quarterly profit in 16 quarters

   Profit of ₹4,724 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit reached a record because gas transmission hit a peak and country gas use moved back toward levels before the crisis.

   Next results: check whether gas transmission stays within the range management gave for FY27.

   From the earnings call on 30 Oct 2026.

2. Highest quarterly revenue in 16 quarters

   Revenue of ₹47,139 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Revenue reached a record because the company sold more gas in its marketing business, with volumes up from the first quarter.

   Next results: check whether country gas use keeps recovering, including refineries and city gas.

   From the earnings call on 30 Oct 2026.

3. Operating margin up 5 points on a year earlier

   15% in the September 2026 quarter, from 10%.

   Why: Operating margin rose because the polymer business recovered to close to breaking even as output rose and it used a better feed mix.

   Next results: check whether the polymer business stays close to breaking even, as management expects.

   From the earnings call on 30 Oct 2026.

GAIL paid ₹5.50 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 2.96% at the ₹185.99 close on 5 November 2026. The last was a dividend of ₹0.50 a share, ex-date 2 September 2026.

GAIL dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. GAIL (India) Ltd paid out 48% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

For July to September 2026 (the quarter ended 30 September 2026), GAIL reported revenue of ₹47,139 crore, up 32.6% from ₹35,537 crore a year earlier, and a profit of ₹4,724 crore, up 137.5% from ₹1,989 crore.

GAIL results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

GAIL's management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

GAIL closed at ₹185.99 on 5 November 2026, up 3.1% from ₹180.47 a year earlier (7 November 2025) and up 84.1% over five years. Its highest weekly close since March 2016 was ₹237.69 on 30 August 2024.

GAIL share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: GAIL closed at ₹185.99, up 10.8% on the week and up 11.6% on the month. 30 Oct 2026: GAIL held its results call for July to September 2026. Management guided: FY27 natural gas transmission 126-127 MMSCMD.

Earlier

• Results for July to September 2026: Revenue up 32.6% and profit up 137.5% on a year earlier.
• 2 Sep 2026: ex-date for a dividend of ₹0.50 a share.
• 5 Feb 2026: ex-date for an interim dividend of ₹5 a share.

On the call for July to September 2026, held on 30 October 2026, GAIL's management guided: FY27 natural gas transmission 126-127 MMSCMD.

“Basically, we are not supplying $30-$32 gas. We are supplying based on a mixture of gas. We are supplying around $15-$16.”Management, on the call for July to September 2026

What management guided

• FY27 gas marketing profit before tax ₹9,000-9,500 crore.
• FY28 normalised gas marketing profit before tax ₹4,500-5,000 crore at 100-plus MMSCMD.
• Polymer to stay around break-even through FY27.
• PDH-PP Usar commissioning 30 Jun 2027 plus/minus 6 months, certain in FY28.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When GAIL reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Transmission stake within guided range in H2 - check country recovery sustaining with refinery plus city-gas legs delivering.

GAIL is on 2 of our India lists: Dividend stocks and Oil & gas stocks.

GAIL (India) Ltd earned ₹4,724 Cr of net profit in the Sep 2026 quarter, +137.5% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹7,582 Cr. Over 10 years profit has grown 15.0% a year on average. That is 10.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹1,989 Cr.

For the full year, FY26 profit was ₹7,582 Cr (−39.2% on the year before).

Why profit moved: revenue changed +32.6% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +33.8% and revenue +10.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

GAIL (India) Ltd reported ₹47,139 Cr of revenue in the Sep 2026 quarter, +32.6% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 10.5% a year on average. The last full year, FY26, came in at ₹1,41,598 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,59,087 Cr.

FY26 revenue was ₹1,41,598 Cr, −0.2% on the year before.

Recent pace: the last four quarters grew +10.6% on average, against 10.5% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.4%, against +8.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +15.0%, against +4.5% a year (accelerating).

GAIL (India) Ltd's operating margin was 15.0% in the Sep 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 5.0% and 16.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +5.1 percentage points on the year while gross margin changed +3.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 132% of GAIL (India) Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹11,249 Cr of operating cash against ₹7,582 Cr of profit. After ₹10,317 Cr of spending on assets, ₹932 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 132% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 3.3× depreciation over three years. The next section checks what that spending is building.

GAIL (India) Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 19 days in FY26, up from 10 days in FY21. It spent ₹37,702 Cr on assets over the last 3 years. Customers take 22 days to pay, and stock sits for 16 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,41,598 Cr, each day of that cycle ties up about ₹388 Cr, so roughly ₹7,371 Cr is tied up in the business at any time.

FY26: customers took 22 days to pay and stock sat for 16 days, about 0.5 months of sales sitting as stock, for a full cycle of 19 days, longer than FY21's 10.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 16 days. Customers pay about 22 days after that. Suppliers are paid at 19 days. Together that makes the 19-day cycle.

Spending on assets: ₹37,702 Cr over the last 3 years, against ₹11,306 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹24,072 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

GAIL (India) Ltd's P/E is 9.7×, near the low end of its own history: it has been lower only 34% of the time. Its usual P/E (the middle reading) is 12.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.