Gujarat Gas share price

Gujarat Gas Ltd's share price was ₹352.85 at the close on 24 June 2026. It has been falling for 84 weeks. That is 11.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹308 and ₹489, and at that close it sat 25% of the way up from that low.

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 Gujarat Gas Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running.

Over the last 10 years the share price moved +227% while the NIFTY 500 moved +262%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. 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: promoters cut their stake by 22 points in one quarter, revenue grew again in the March 2026 quarter and foreign funds (FIIs) raised their stake for 3 quarters in a row.

1. Promoters cut their stake by 22 points in one quarter

   From 60.9% to 38.9% in the May 2026 quarter.

2. Revenue grew again in the March 2026 quarter

   Revenue was ₹5,792 crore, +41.2% on a year earlier (₹4,102 crore), after 4 quarters of decline.

3. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 3.7% to 10.6% of the company by the May 2026 quarter.

For January to March 2026 (the quarter ended 31 March 2026), Gujarat Gas reported revenue of ₹5,792 crore, up 41.2% from ₹4,102 crore a year earlier, and a profit of ₹152 crore, down 47.2% from ₹288 crore.

Gujarat Gas results: January to March 2026 against a year earlier

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

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

Gujarat Gas closed at ₹352.85 on 24 June 2026, down 25.0% from ₹470.70 a year earlier (27 June 2025) and down 45.2% over five years. Its highest weekly close since April 2016 was ₹738.20 on 13 August 2021.

Gujarat Gas share price: then and now

Weekly closing prices. Each change is the move from that price to the 24 Jun 2026 close. A day's intraday high or low can go beyond these weekly closes.

538 weekly closes from 1 April 2016 to 24 June 2026.

24 Jun 2026: Gujarat Gas closed at ₹352.85, down 11.2% on the week and down 5.4% on the month. Results for January to March 2026: Revenue up 41.2% and profit down 47.2% on a year earlier.

The NSE corporate-actions record has no dividend for Gujarat Gas since 1 April 2021, so this page cannot show amounts per share.

Yes. Gujarat Gas Ltd paid out 17% of its profit as dividends in FY26, and it paid a dividend in each of its last 12 reported years.

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

Gujarat Gas is on 2 of our India lists: Small & mid cap stocks and Oil & gas stocks.

Gujarat Gas Ltd earned ₹152 Cr of net profit in the Mar 2026 quarter, −47.2% on the same quarter a year earlier. Full-year FY26 profit was ₹1,678 Cr. Over 10 years profit has grown 24.3% a year on average. That is 2.6% of the quarter's revenue. The same quarter a year earlier earned ₹288 Cr.

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

For the full year, FY26 profit was ₹1,678 Cr (+46.2% on the year before).

Why profit moved: revenue changed +41.2% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −9.2% and revenue +4.1%. Profit is growing slower than sales: rising costs are taking part of the growth.

Gujarat Gas Ltd reported ₹5,792 Cr of revenue in the Mar 2026 quarter, +41.2% on the same quarter a year earlier. Over 10 years it has grown 14.5% a year on average. The last full year, FY26, came in at ₹23,614 Cr. The last four reported quarters add to ₹17,101 Cr.

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

FY26 revenue was ₹23,614 Cr, +43.2% on the year before.

Recent pace: the last four quarters grew +4.1% on average, against 14.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +3.7%, against +4.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −10.6%, against −5.2% a year (rolling over).

Gujarat Gas Ltd's operating margin was 11.0% in the Mar 2026 quarter, about the same as the same quarter a year ago. Across 12 years it has been between 12.0% and 21.0%. The latest quarter is below every full year in that period.

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.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.5 percentage points on the year while gross margin changed −0.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 155% of Gujarat Gas Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹2,721 Cr of operating cash against ₹1,678 Cr of profit.

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.

After ₹6,339 Cr of spending on assets, free cash was −₹3,618 Cr: it spent more than its operations brought in.

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

Why 155% 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 4.3× depreciation over three years. The next section checks what that spending is building.

Gujarat Gas Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 17 days in FY26, up from 8 days in FY21. It spent ₹8,050 Cr on assets over the last 3 years. Customers take 27 days to pay, and stock sits for 22 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 ₹23,614 Cr, each day of that cycle ties up about ₹64.7 Cr, so roughly ₹1,100 Cr is tied up in the business at any time.

FY26: customers took 27 days to pay and stock sat for 22 days, about 0.7 months of sales sitting as stock, for a full cycle of 17 days, longer than FY21's 8.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 22 days. Customers pay about 27 days after that. Suppliers are paid at 32 days. Together that makes the 17-day cycle.

Spending on assets: ₹8,050 Cr over the last 3 years, against ₹1,884 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 ₹836 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.

Gujarat Gas Ltd's P/E is 18.6×, near the low end of its own history: it has been lower only 8% of the time. Its usual P/E (the middle reading) is 28.8×, over 9.8 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.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Mar 2026 add up to ₹14.91.