Gujarat State Petronet Ltd Share Price

Gas Distribution

NSE: GSPL Small Cap ISIN: INE246F01010

As on 19 November 2025 at 01:29 IST

₹303

-0.95

(-0.31%)

Sell Buy

Gujarat State Petronet Q1 FY26 Results:

Profit after tax for the period declined 12% to ₹465 crores in Q1 FY26, from ₹527 crores in Q1 FY25. Gross income for the quarter decreased 11% year-on-year to ₹4,402 crores from ₹4,961 crores.

About Gujarat State Petronet Ltd

Gujarat State Petronet Ltd. (GSPL) is a state-owned natural gas transmission and infrastructure company. The company was established in 1998. GSPL has been in operation for over many decades. It plays a crucial role in developing Gujarat's gas grid infrastructure. The headquarters is located in Gandhinagar, Gujarat. Gujarat State Petronet’s main services include natural gas transmission through a high-pressure pipeline network, gas grid operation and maintenance, pipeline infrastructure development, and gas transportation services. The company falls under the energy infrastructure sector, specifically in the natural gas transmission segment. +

Over 1 Month

-3.62%

Over 6 Months

-13.49%

Over 1 Year

-6.33%

Over 3 Years

27.12%

Gujarat State Petronet Ltd Summary

Close ₹303.95

Open ₹302.15

High ₹305.60

Low ₹301.05

Volume 3,46,504

Net Turnover (in Cr) ₹10.54

52Wk High ₹394.80

52Wk Low ₹261.45

52Wk High / Low

261.45

394.80

Gujarat State Petronet Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹17,149.20

EPS (TTM) 12.96

Book Value (BV) 195.43

Div. Yield 1.65 %

P/E (TTM) 23.43

Price/Book Value 1.55

Delivery % 66.82 %

Face Value 10

Key Ratios

PE Ratio 20.41

PB Ratio 1.53

EV to Sales 13.10

PEG Ratio -0.55

ROA 7.36

ROE 7.67

Debt-Equity -

Net Profit Margin 72.68

Operating Profit Margin 109.37

Gujarat State Petronet Ltd Financials

Consolidated

Standalone

Yearly

Quarterly

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	17,720.09	17,481.32	18,249.58	18,096.42	11,626.48
Total Expenses	15,425.38	14,607.74	15,127.57	15,181.98	8,729.38
Profit Before Tax	2,234.15	2,934.73	3,124.80	2,956.57	2,935.59
Profit After Tax	1,637.40	2,183.73	2,342.01	2,231	2,192.41
Operating Profit After Depreciation	2,332.08	2,905.66	3,165.65	3,026.22	3,123.68

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	11,698.57	10,796.03	10,505.93	9,971.58	9,496.40
Total Non Current Assets	15,225.21	15,045.05	14,180.27	13,503.09	12,378.94
Total Current Assets	5,581.77	4,010.80	3,135.63	1,790.94	1,789.77
Total Assets	20,806.98	19,055.84	17,315.91	15,294.04	14,168.72
Total Shareholder's Fund	11,645.78	10,824.87	9,448.90	7,918.74	6,390.77

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	2,740.85	2,803.40	3,339.97	2,748.02	2,897.30
Net Cash Used In Investing Activities	-2,753.73	-2,142.20	-1,815.49	-1,359.42	-1,079.63
Net Cash Used In Financing Activities	-543.58	-547.33	-804.53	-1,659.32	-2,096.20

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	1,514.90	2,366.59	1,930.21	2,124.52	2,148.69
Total Expenses	511.62	724.39	701.66	849.70	902
Profit Before Tax	1,003.28	1,642.20	1,228.55	1,274.83	1,246.69
Profit After Tax	807.62	1,284.64	944.95	979.05	930.69
Operating Profit After Depreciation	1,011.76	1,647.13	1,233.17	1,306.13	1,339.61

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	3,564.95	3,035.30	3,156.12	3,325.94	3,466.79
Total Non Current Assets	9,359.64	9,272.86	8,905.74	8,916.83	8,959.38
Total Current Assets	2,632.83	1,808	1,182.54	423.13	413.44
Total Assets	11,992.48	11,080.86	10,088.28	9,339.96	9,372.82
Total Shareholder's Fund	10,783.31	10,270.07	9,273.18	8,442.91	7,545

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	938.47	1,172.42	966.35	1,075.17	1,241.22
Net Cash Used In Investing Activities	-621.42	-1,015.59	-701.89	-3.59	-437.86
Net Cash Used In Financing Activities	-284.39	-284.25	-202.58	-1,082.33	-809.12

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	4,007.87	4,106.91	4,290.52	4,360.47	3,992.12
Total Expenses	3,398.99	3,389.05	3,723.23	3,807.64	3,303.70
Profit Before Tax	527.03	626.14	485.71	460.10	576.80
Profit After Tax	389.03	464.84	352.25	335.43	423.17
Operating Profit after Depreciation	723.07	818.46	676.12	648.92	764.06

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	274.06	283.90	238.07	260.43	257.96
Total Expenses	100.82	81.52	113.35	67.92	65.01
Profit Before Tax	423.54	190.69	103.53	181.62	434.62
Profit After Tax	382.46	142.49	70.73	135.58	389.29
Operating Profit after Depreciation	479.22	245.67	160.94	233.73	486.82

Gujarat State Petronet Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 301.47

S2 298.98

S3 296.92

Pivot 303.53

R1 306.02

R2 308.08

R3 310.57

Moving Average

20 SMA 307.65

50 SMA 311.20

100 SMA 313.90

200 SMA 313.52

Gujarat State Petronet Ltd Corporate Actions

Gujarat State Petronet Ltd

₹5.0/Share

Announcement Date 10 Sep 2025

Record Date 10 Sep 2025

Div Yield 50%

AGM Date: 28 Sep 2021

AGM 28/09/2021 The 23rd AGM of the Co. is scheduled to be held on Tuesday, 28Sept21 at 3 PM thru VC/OAVM, as per the circular issued by MCA & SEBI Further, pl. note that the Co. has fixed below dt. in connection with 23rdAGM and for payment of Divi - FY20-21 Sr No Particular Dt. 1. Record Dr. for payment of Divi Thursday, 9Sept, 21 (as at the close of the Busi. Hour) 2. Dividend Payout Date if declared at the 23AGM scheduled to be held on 28th Sept, 21. On or before 27Oct,21 to those members of the Co. whose names appears as: a) Beneficial owners as at the close of busi. hour on 9Sept21, b) Members in the ROM of the Co. as on 9Sept21, after giving effect to all valid share transfer in physical form received as at the close of busi hour on 9 Sept21. 3. Cut-off dt. for the purpose of determining eligibility of the shareholders to vote through remote Evoting or Evoting at the AGM. Tuesday, 21Sept21 4. Period of Remote EVoting Voting will commence from 9 AM on 24Sept,21 and end on 5 PM on 27Sept21. (As Per BSE Announcement Dated on 25.08.2021) The 23rd Annual General Meeting (AGM) of Gujarat State Petronet Limited was held on 28th September 2021 to transact the business as stated in the Notice convening the AGM and the Addendum to the Notice convening the AGM. In this regard please find enclosed the summary of the proceedings of the AGM of the Company as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Kindly take the same on record. Gujarat State Petronet Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Proceedings of the 23rd Annual General Meeting (AGM) of the Company held on 28th September 2021. The 23rd Annual General Meeting (AGM) of Gujarat State Petronet Limited was held on 28th September 2021 to transact the business as stated in the Notice convening the AGM and the Addendum to the Notice convening the AGM. In this regard please find enclosed the summary of the proceedings of the AGM of the Company as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Kindly take the same on record. (As Per BSE Announcement Dated on 9/29/2021 2:58:28 AM)

AGM Date: 22 Sep 2022

AGM 22/09/2022 This is to inform that the 24thAGM of the Co. is scheduled on Thursday, 22ndSept22 at 3 PM thru VC/OAVM Pl. note that the Co. fixed following date: Sr. No Parti Relevant Dt. 1. Record Dt. for payment of Divi. Friday, 2ndSept22 (as at the close of the Busi. Hours) 2. Divi. Payout Date if declared at the 24thAGM scheduled to be held on 22ndSept22 On or before 21stOct22 to those members of the Co. whose name appears as: a)BOs as at the close of busi. hours on Friday, 2ndSept22, as per the list to be furnishd by the Depositories for Sh. held in Demat form b) Members in the ROM as on Friday, 2ndSept22, after giving effect to all valid sh. transfer in physi form recd as at the close of busi. hours on Friday, 2ndSept22 3. Cut- off date for the purpose of determining eligibility of the shareholders to vote thru remote E-voting or E-voting Facility Thursday, 15th Sept22 4. Period of Remote E-Voting Voting will commence from 9 AM on Monday, 19thSept22 and end on 5 PM on Wednesday, 21stSep22 (As Per BSE Announcement Dated on 17.08.2022) The 24th Annual General Meeting ('AGM') of Gujarat State Petronet Limited was held on 22nd September, 2022 to transact the business as stated in the Notice convening the AGM. In this regard, please find enclosed the summary of the proceedings of the AGM of the Company as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the same on record. Further to our letter dated 23rd September, 2022 forwarding summary of the proceedings of the 24th Annual General Meeting held on 22nd September, 2022, we submit herewith results of the votes cast through remote e-voting and e-voting at the Annual General Meeting on all Resolutions along with a copy of the Consolidated Scrutinizers' Report. You are requested to take the above on your record. (As per BSE Announcement Dated on 23/9/2022)

AGM Date: 14 Sep 2023

AGM 14/09/2023 Notice of 25th AGM and Annual Report of the Company for the FY 2022 - 23 (As Per BSE Announcement dated on 22.08.2023) Proceedings of the 25th Annual General Meeting of Gujarat State Petronet Limited (As Per BSE Announcement dated on 14.09.2023) Announcement of Results of Voting for 25th Annual General Meeting of Gujarat State Petronet Limited held on 14th September, 2023 along with copy of Scrutinizer''s Report. (As per BSE Announcement Dated on 16/09/2023)

AGM Date: 19 Sep 2024

AGM 19/09/2024 26th Annual General Meeting and Record Date for the payment of Dividend (As Per BSE Announcement dated on 22.08.2024) Copy of Scrutinizers Report for the 26th Annual General Meeting held on 19th September, 2024 (As Per BSE Announcement dated on 21.09.2024)

AGM Date: 23 Sep 2025

AGM 23/09/2025 27th Annual General Meeting of the company will be held on Tuesday, 23rd September, 2025 at 3:00 P.M. and the record date for the payment of dividend will be Wednesday, 10th September, 2025. Proceedings of the 27th Annual General Meeting of the GSPL held on Tuesday, 23rd September, 2025. (As Per BSE Announcement Dated on: 23/09/2025)

Gujarat State Petronet Ltd Peer Comparison

Company	Price	Market Cap (in Cr)
GAIL (India) Ltd	₹185.25	₹1,21,803.72
Adani Total Gas Ltd	₹622.05	₹68,413.69
Petronet LNG Ltd	₹276.30	₹41,445
Indraprastha Gas Ltd	₹211.55	₹29,617.03
Gujarat Gas Ltd	₹409.70	₹28,203.34

Gujarat State Petronet Ltd Top Mutal Funds Invested

Fund Name	AUM
SBI Energy Opportunities Fund	5.50%
Mirae Asset Focused Fund	1.97%
ICICI Pru Energy Opportunities Fund	1.84%
ICICI Pru Smallcap Fund	1.81%
Mirae Asset Large & Midcap Fund	1.17%

Gujarat State Petronet Ltd News

Board of Gujarat State Petronet approves investment in JV GSPL India Gasnet

At meeting held on 11 November 2025

11 Nov 2025, 07:11 pm

Gujarat State Petronet Directors cease

23 Oct 2025, 12:36 pm

Gujarat State Petronet to discuss results

On 11 November 2025

01 Oct 2025, 09:53 am

Gujarat State Petronet EGM scheduled

On 17 October 2025

15 Sep 2025, 10:15 am

Gujarat State Petronet to convene AGM

On 23 September 2025

26 Aug 2025, 11:23 am

Gujarat State Petronet Ltd Stock Analysis

Annual revenue for Gujarat State Petronet Ltd decreased by 35.99% to ₹1,514.90 crore in FY 2025 from ₹2,366.59 crore in FY 2024.
Annual Net Profit for Gujarat State Petronet Ltd decreased by 37.13% to ₹807.62 crore in FY 2025 from ₹1,284.64 crore in FY 2024.
Promoter Shareholding in Gujarat State Petronet Ltd remains unchanged by 0.00% in the most recent quarter, from 37.63% in June 2025 to 37.63% in September 2025.
Gujarat State Petronet Ltd delivered a 1-year return of -6.33% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
Gujarat State Petronet Ltd share price moved down by 0.31% from its previous close of INR ₹303.95. The latest Gujarat State Petronet Ltd share price is INR ₹303.
Gujarat State Petronet Ltd share price today has been at a low of 301.50 and a high of 305.50. Over the past 52 weeks, the Gujarat State Petronet Ltd share price has seen a low of 261.45 and a high of 394.80.

About Gujarat State Petronet Ltd

Gujarat State Petronet Ltd is a state-owned natural gas transmission and infrastructure company. It operates a vast network of natural gas pipelines. The company operates in the energy infrastructure sector, especially in the natural gas transmission segment.
Established in 1998, GSPL has been in operation for many decades. It is playing a crucial role in developing Gujarat's gas grid infrastructure. The company's headquarters is located in Gandhinagar, Gujarat. At this location, GSPL oversees its extensive pipeline network across the state.
GSPL is promoted by Gujarat State Petroleum Corporation Ltd. (GSPC), with the Government of Gujarat having a significant indirect stake. The promoter shareholding through GSPC and other government entities stands at 37.63%.
The company's main services include natural gas transmission through a high-pressure pipeline network and Gas transportation services. It also offers gas grid operation and maintenance and pipeline infrastructure development.
GSPL operates Gujarat's largest natural gas pipeline network, with over 2,700 km of pipeline infrastructure. It is one of India's largest state-level natural gas transmission companies. Also, it plays a vital role in Gujarat's gas-based economy.
The registered office of GSPC is located in GSPC Bhavan, Behind Udyog Bhavan, Sector-11, Gandhinagar-382010, Gujarat. Its registrar & transfer agent is Link Intime India Private Limited. The vital managerial promoters of the company include:

Raj Kumar
Milind Torawane
M M Srivastava
Arti Kanwar
Bhadresh Mehta

The company has become a crucial player in Gujarat's energy infrastructure. This connects major industrial clusters, power plants, and city gas distribution networks. Its extensive pipeline network has been instrumental in making Gujarat the most extensively connected state in terms of natural gas infrastructure in India.

Goals of the Company

Gujarat State Petronet Ltd. (GSPL) is a state-owned natural gas transmission and infrastructure company. It has been instrumental in developing Gujarat's gas grid infrastructure. Established in 1998, GSPL operates in the energy infrastructure sector. However, it operates specifically in the natural gas transmission segment. The company's headquarters is located in Gandhinagar, Gujarat. Promoted by Gujarat State Petroleum Corporation Ltd. (GSPC), with a significant indirect stake from the Government of Gujarat.
Expansion of Pipeline Network GSPL's primary objective is the strategic expansion of its natural gas pipeline network beyond the current 2,700 kilometres. The company is actively working to connect more industrial clusters, power plants, and city gas distribution networks across Gujarat and neighbouring states. These expansion strategies aim to enhance the availability and accessibility of natural gas. This supports India's transition to a gas-based economy. GSPL is creating a more comprehensive and integrated gas transmission infrastructure. This is accomplished by developing new pipeline routes and interconnections.
Enhancing Operational Efficiency Operational excellence remains a cornerstone of GSPL's strategy. The company is implementing advanced technologies and industry-leading practices. This implementation is to optimize the company's gas grid operations and maintenance. GSPL aims to achieve higher reliability and safety standards. This is done through the deployment of sophisticated monitoring systems, predictive maintenance technologies, and automated control mechanisms. These initiatives focus on minimizing system downtime and reducing operational costs. This ensures consistent gas supply to consumers while maintaining safety standards in pipeline operations.
Sustainable Development Environmental sustainability is increasingly central to GSPL's mission. The company has developed a comprehensive sustainability framework. This encompasses reducing environmental impact through eco-friendly practices and innovative technologies. These practices include initiatives to minimize greenhouse gas emissions, optimize energy consumption across operations, and promote clean energy adoption. GSPL is also investing in green technologies throughout its pipeline network. This demonstrates its commitment to environmental stewardship and climate change mitigation.
Customer-Centric Approach GSPL's customer-focused strategy emphasizes understanding and exceeding customer expectations. The company is developing enhanced service offerings and improving communication channels. Also, it is implementing customer feedback systems to better serve its diverse client base. This approach includes providing customized solutions for different customer segments, ensuring competitive pricing, and maintaining high service reliability. Through these efforts, GSPL aims to strengthen its market position and foster long-term customer relationships.
Financial Performance and Growth The company maintains a strong focus on financial stability and sustainable growth. GSPL's financial strategy encompasses strategic investments in infrastructure, operational cost optimization, and efficient capital allocation. By maintaining robust financial metrics and a healthy balance sheet, the company aims to create sustained value for stakeholders while funding its expansion plans. This includes careful management of the debt-equity ratio and strategic investment decisions to ensure long-term financial sustainability.
Innovation and Technology Innovation and technology are at the core of GSPL's goals. The company aims to leverage cutting-edge technologies to improve its operations and services. GSPL seeks to develop innovative solutions that enhance its pipeline network's efficiency, safety, and sustainability. This is done by investing in research and development. The company's focus on innovation positions it as a leader in the natural gas transmission sector.
Gujarat State Petronet Ltd. has set clear and strategic goals to drive its growth and success. By expanding its pipeline network, enhancing operational efficiency, prioritizing sustainability, adopting a customer-centric approach, achieving strong financial performance, and leveraging innovation and technology, GSPL is well-positioned to continue its leadership in the natural gas transmission sector. The company's commitment to these goals ensures its ongoing contribution to Gujarat's gas-based economy and its role as a crucial player in India's energy infrastructure.