More about Gujarat Gas Limited
Fundamentals for Gujarat Gas Limited
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Fundamentals for Gujarat Gas Limited
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Gas
Gujarat Gas Limited engages in the distribution of natural gas in India. It operates a network of approximately 41,700 kilometers of natural gas pipeline and 820 compressed natural gas (CNG) stations. The company supplies piped natural gas to approximately 21.90 lakh households, approximately 15,470 commercial customers; and approximately 4,410 industrial customers, as well as operates 820 CNG stations. It operates in the states of Gujarat, Maharashtra, Punjab, Madhya Pradesh, Rajasthan, and Haryana; and 1 union territory of Dadra and Nagar Haveli, and Daman and Diu. The company was formerly known as GSPC Distribution Networks Limited and changed its name to Gujarat Gas Limited in May 2015. Gujarat Gas Limited was incorporated in 2012 and is based in Gandhinagar, India. Gujarat Gas Limited operates as a subsidiary of Gujarat State Petronet Limited.
Revenue projections:
Gujarat Gas Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 21.17417 |
| debtToEquity | 118.64000 |
| earningsGrowth | 0.32600 |
| revenueGrowth | 0.21100 |
| grossMargins | 0.21427 |
| operatingMargins | 0.10338 |
| trailingEps | 16.87000 |
| forwardEps | 17.99126 |
GUJGASLTD's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
Gujarat Gas Limited's elevated debt-to-equity ratio shows that the company is relying heavily on debt to fund its activities. This high leverage can amplify returns but also heightens financial risks if cash flow becomes constrained.
With earnings and revenue growth in positive territory, GUJGASLTD is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
GUJGASLTD's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that GUJGASLTD's financial performance will improve in the current financial year.
Price projections:
Price projections for GUJGASLTD have been revised downward over time, signaling decreasing optimism about the company's outlook. Analysts appear to be adjusting their expectations as concerns about future performance grow.
Recommendation changes over time:
Gujarat Gas Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Gujarat Gas Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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