# Gujarat Gas share price (Gujarat Gas Ltd, NSE: GUJGASLTD)

> Gujarat Gas share price: ₹352.85 at the NSE close on 24 June 2026, the latest close in our records; down 25.0% in the year to that date. Gujarat Gas (NSE: GUJGASLTD) is worth ₹33,105 crore, trades at a P/E of 18.6 and has closed between ₹308.10 and ₹489.25 over the past 52 weeks. > Gujarat Gas Ltd's earnings have grown faster than its share price. Earnings per share grew +46.1% in a year while the price moved −25.0%. GUJGASLTD · Gas Distribution · data as of 24 June 2026. Page: https://www.sectoralpha.in/stocks/gujarat-gas-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹352.85 (−25.0% in a year)
- P/E: 18.6× (lower than 92% of the last 9.8 years)
- Revenue (Mar 2026): ₹5,792 Cr (+41.2% on a year ago)
- Profit (Mar 2026): ₹152 Cr (−47.2% on a year ago)
- Operating margin: 11.0% (flat on a year ago)
- ROCE: 18%, FY26
- ROIC: 11.0%, against a 12.0% cost of capital: −1.0 points

The main question: yearly earnings per share moved +46.1% while the share price moved −25.0%. ## What is the 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. 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. ## What changed at Gujarat Gas this quarter? 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. ## What are Gujarat Gas' latest quarterly results? 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

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹5,792 crore | ₹4,102 crore | +41.2% |
| Profit | ₹152 crore | ₹288 crore | −47.2% |
| Earnings per share | ₹2.21 | ₹4.18 | −47.1% |
| Operating margin | 11.0% | 11.0% | 0.0 points |

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.)

## What is the Gujarat Gas share price history? 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

| When | Close | Change to 24 Jun 2026 |
| --- | --- | --- |
| 1 week ago · 17 Jun 2026 | ₹397.30 | −11.2% |
| 1 month ago · 22 May 2026 | ₹373.00 | −5.4% |
| 6 months ago · 26 Dec 2025 | ₹394.00 | −10.4% |
| 1 year ago · 27 Jun 2025 | ₹470.70 | −25.0% |
| 3 years ago · 23 Jun 2023 | ₹461.95 | −23.6% |
| 5 years ago · 25 Jun 2021 | ₹643.30 | −45.2% |
| 10 years ago · 24 Jun 2016 | ₹103.54 | +240.8% |
| Earliest weekly close in our records · 1 Apr 2016 | ₹108.07 | +226.5% |
| Highest weekly close since April 2016 · 13 Aug 2021 | ₹738.20 | −52.2% |
| Lowest weekly close since April 2016 · 20 May 2016 | ₹100.31 | +251.8% |
| 52-week high (weekly close) · 4 Jul 2025 | ₹489.25 | −27.9% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹308.10 | +14.5% |

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.)

## What is the latest news on Gujarat Gas? 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. ## What dividend does Gujarat Gas pay? 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 4 November 2026.)

## Which stock lists is Gujarat Gas on? Gujarat Gas is on 2 of our India lists: Small & mid cap stocks and Oil & gas stocks. - [Small & mid cap stocks Size rank in India: 253](https://www.sectoralpha.in/small-cap-stocks-india)
- [Oil & gas stocks Group on the list: Gas pipelines, LNG, city gas and LPG](https://www.sectoralpha.in/sectors/oil-and-gas-stocks-india)

## Is Gujarat Gas profitable? 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. 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. ## How much revenue does Gujarat Gas make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Gujarat Gas keep? 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. 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. ## Is Gujarat Gas' profit turning into cash? 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. 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. ## Where does Gujarat Gas' cash go? 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. 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. ## What is Gujarat Gas' P/E ratio, and how does it compare with its own history? 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. 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. Why the multiple is where it is: over the past year earnings per share moved +46.1% while the price moved −25.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −11.3% a year; about +7.0% a year came from earnings growth and about −18.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio, which only the second data source has, is not shown on this page: its two data sources do not cover enough of the same periods to be compared. A figure nobody could check is not used to compare price with growth. The gap is a choice, not missing data. ## Is the Gujarat Gas business getting better or worse? Gujarat Gas Ltd's business is giving mixed signals. Revenue growth is rising at +41.2% (from single-quarter figures) while profit growth is falling at −47.2% (from single-quarter figures), so the lines disagree and each one tells part of the story. This is based on 10 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Gujarat Gas earn on its capital? Gujarat Gas Ltd earned a ROCE of 18% in FY26. That is up from a low of 12% in FY16. Its return on capital used (ROIC) is 1.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 7.1% net margin and 0.86× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.1% net margin × 0.86× asset turnover × 1.49× leverage (assets divided by equity) ≈ 9.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 11.0% − 12.0% = −1.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Gujarat Gas have too much debt? Gujarat Gas Ltd had ₹3,243 Cr of borrowings against ₹18,438 Cr of equity in FY26, so its debt is 0.18× its equity. Its operating profit is 12 times its interest bill. Over 5 years borrowings went from ₹983 Cr to ₹3,243 Cr. Over the last 3 of those years it spent ₹8,050 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the Gujarat Gas shareholding pattern? Promoters cut their stake in Gujarat Gas Ltd by 22.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 38.9% of the company. Domestic institutions moved +9.9 points over the same period, to 24.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −22.0 points over 8 quarters, to 38.9%; Domestic institutions: +9.9 points over 8 quarters, to 24.6%; Foreign institutions: +6.3 points over 8 quarters, to 10.6%. Why the owners changed: promoters drove it (−22.0 points), with the other side taken by domestic institutions (+9.9 points). They reduced their stake. ## How far is Gujarat Gas from balance-sheet trouble? For Gujarat Gas Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Gujarat Gas rank in its industry? 52.4 out of 100, rank 7 of 7 in Gas Distribution, with 47% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Gujarat Gas Ltd scores 52.4 out of 100 against the 7 companies it is compared with in Gas Distribution, ranking 7. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 19.3 + 18.2 + 14.9 = 52.4 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Gujarat Gas compared with? Gujarat Gas ranks 7 of 7 Gas Distribution companies on the 4-Factor Sector Score, with 52.4 out of 100. 1. [Petronet LNG Ltd](https://www.sectoralpha.in/stocks/petronet-lng-ltd) PETRONET · breaking out · Most evidence points up · 96% evidence 75.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue -24.8% · Profit 13.4% · Operating margin change 18 points · 88% evidence Capital efficiency 20.8/25 · ROCE 22.6% · Operating margin 28% · 100% evidence Valuation 13.1/20 · P/E 10.3× · PEG 1.3 · 100% evidence Relative strength 20.0/20 · Lead over its industry 11.1% · Lead over NIFTY 500 8% · 1 year 2.9% · 100% evidence · 8 of 12 weeks ahead Exact sum: 21.4 + 20.8 + 13.1 + 20 = 75.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [GAIL (India) Ltd](https://www.sectoralpha.in/stocks/gail-indialtd) GAIL · breaking out · Evidence leans up · 100% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 10.4% · Profit 15% · Operating margin change 5 points · 100% evidence Capital efficiency 10.1/25 · ROCE 9.7% · Operating margin 15% · 100% evidence Valuation 9.9/20 · P/E 8.7× · PEG 1.79 · 100% evidence Relative strength 14.5/20 · Lead over its industry 8.4% · Lead over NIFTY 500 5.4% · 1 year -8.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 27.9 + 10.1 + 9.9 + 14.5 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Adani Total Gas Ltd](https://www.sectoralpha.in/stocks/adani-total-gas-ltd) ATGL · basing · Evidence leans down · 78% evidence 45.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue 23.7% · Profit 2.7% · Operating margin change -3 points · 100% evidence Capital efficiency 14.5/25 · ROCE 15.3% · Operating margin 17% · 100% evidence Valuation 3.5/20 · P/E 91.6× · PEG 8.41 · 65% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.9% · 1 year -15.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 19.2 + 14.5 + 3.5 + 8.3 = 45.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Mahanagar Gas Ltd](https://www.sectoralpha.in/stocks/mahanagar-gas-ltd) MGL · turning · Evidence leans down · 81% evidence 44.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.3/35 · Revenue 11.1% · Profit -33.4% · Operating margin change -10 points · 88% evidence Capital efficiency 13.1/25 · ROCE 17% · Operating margin 14% · 100% evidence Valuation 12.0/20 · P/E 14.5× · PEG 0.3 · 100% evidence Relative strength 9.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.4% · 1 year -17.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 9.3 + 13.1 + 12 + 9.9 = 44.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Gujarat State Petronet Ltd](https://www.sectoralpha.in/stocks/gujarat-state-petronet-ltd) GSPL · Too little evidence to rank firmly · 55% evidence 44.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/43.75 · Revenue -7.5% · Profit -18.6% · Operating margin change 3 points · 47% evidence Capital efficiency 12.3/31.25 · ROCE 15.2% · Operating margin 16% · 75% evidence Valuation 13.2/25 · P/E 14.4× · PEG 1.27 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.8 + 12.3 + 13.2 = 44.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Indraprastha Gas Ltd](https://www.sectoralpha.in/stocks/indraprastha-gas-ltd) IGL · basing · Evidence leans down · 100% evidence 41.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.6/35 · Revenue 14.7% · Profit -37.6% · Operating margin change -11.6 points · 100% evidence Capital efficiency 12.8/25 · ROCE 17.5% · Operating margin -0.6% · 100% evidence Valuation 14.8/20 · P/E 19.5× · PEG 1.26 · 100% evidence Relative strength 5.3/20 · Lead over its industry -8.9% · Lead over NIFTY 500 -11.5% · 1 year -34.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 8.6 + 12.8 + 14.8 + 5.3 = 41.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. Gujarat Gas Ltd this page GUJGASLTD · Too little evidence to rank firmly · 47% evidence 52.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/43.75 · Revenue 3.7% · Profit -10.6% · Operating margin change 0 points · 53% evidence Capital efficiency 18.2/31.25 · ROCE 18.5% · Operating margin 11% · 71% evidence Valuation 14.9/25 · P/E 18.6× · PEG n/a · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19.3 + 18.2 + 14.9 = 52.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Gas Distribution](https://www.sectoralpha.in/sectors/gas-distribution), all 7 compared on one page. ## Which companies are close to Gujarat Gas in size? Gujarat Gas is the 4th largest of 7 Gas Distribution companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: GAIL (India), Adani Total Gas and Petronet LNG. Just below it: Indraprastha Gas, Gujarat State Petronet and Mahanagar Gas. ### Gas Distribution companies close in size

1. [GAIL (India) Ltd](https://www.sectoralpha.in/stocks/gail-indialtd) ₹1,10,402 crore
2. [Adani Total Gas Ltd](https://www.sectoralpha.in/stocks/adani-total-gas-ltd) ₹58,779 crore
3. [Petronet LNG Ltd](https://www.sectoralpha.in/stocks/petronet-lng-ltd) ₹43,425 crore
4. Gujarat Gas Ltd ₹33,105 crore
5. [Indraprastha Gas Ltd](https://www.sectoralpha.in/stocks/indraprastha-gas-ltd) ₹19,487 crore
6. [Gujarat State Petronet Ltd](https://www.sectoralpha.in/stocks/gujarat-state-petronet-ltd) ₹15,141 crore
7. [Mahanagar Gas Ltd](https://www.sectoralpha.in/stocks/mahanagar-gas-ltd) ₹10,357 crore

[All 7 Gas Distribution companies, largest first](https://www.sectoralpha.in/sectors/gas-distribution#all-companies)

### Companies close in size in other industries

1. [AIA Engineering Ltd](https://www.sectoralpha.in/stocks/aia-engineering-ltd) ₹33,557 crore · Capital Goods - Mining Equipement
2. [Blue Star Ltd](https://www.sectoralpha.in/stocks/blue-star-ltd) ₹33,472 crore · Consumer Electronics
3. Gujarat Gas Ltd ₹33,105 crore
4. [Sai Life Sciences Ltd](https://www.sectoralpha.in/stocks/sai-life-sciences-ltd) ₹33,093 crore · Pharma - API & CRAMS
5. [CRISIL Ltd](https://www.sectoralpha.in/stocks/crisil-ltd) ₹33,030 crore · Credit Rating Agencies

## What else do people ask about Gujarat Gas? ### What were Gujarat Gas's latest quarterly results? Gujarat Gas Ltd reported revenue of ₹5,792 Cr and net profit of ₹152 Cr for the Mar 2026 quarter. Revenue rose 41.2% and profit fell 47.2% compared with a year earlier. Earnings per share were ₹2.21. The operating margin was 11.0%, 0.0 percentage points higher than a year earlier (as of 24 June 2026). ### What is Gujarat Gas's market cap? Gujarat Gas Ltd's market capitalisation is ₹33,105 Cr at a share price of ₹352.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 24 June 2026). ### How is Gujarat Gas performing? Gujarat Gas Ltd's share price has been falling for 84 weeks. In its latest quarter, revenue rose 41.2% and profit fell 47.2% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 24 June 2026). ### Will Gujarat Gas's share price go up? This page does not forecast Gujarat Gas Ltd's share price. What it shows instead: the share price is ₹352.85, and it has been falling for 84 weeks. Its P/E of 18.6× is higher than 8% of its own last 10 years (as of 24 June 2026). ### Where is Gujarat Gas in its business cycle? Gujarat Gas Ltd's FY26 operating margin was 13.0%, against a 12-year range of 12.0% to 21.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 11.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 24 June 2026). ### What could break the Gujarat Gas story? The main question: yearly earnings per share moved +46.1% while the share price moved −25.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 24 June 2026). ### Is Gujarat Gas a stock worth studying right now? What the numbers show: Gujarat Gas Ltd's earnings have grown faster than its share price. Earnings per share grew +46.1% in a year while the price moved −25.0%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 24 June 2026). ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- Oil & gas stocks: https://www.sectoralpha.in/sectors/oil-and-gas-stocks-india

This is research, not advice. We’re not SEBI-registered.