Please refer to the attached letter please

Net loss reportedEBITDA margin compressionEmphasis of matterRelated-party transactionsContingent liabilities increasedResults View source PDF Explain this filing

GAIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.1%Reaction day

₹155.80

prior close

₹153.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%+3.8% vs market

Gas peers, median of 8sector · industry level-0.1%+4.2% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty 100 and 4.2 pts more than its Gas peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.7

15m

+0.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.1+0.3+3.8-0.1+4.2

Next day

+8.1+1.6+6.4+2.4+5.7

+7.7+1.3+6.4+4.0+3.7

+8.5+1.5+7.0+4.1+4.4

+6.5+0.0+6.5+3.1+3.5

+5.3-0.8+6.1+5.6-0.3

+5.0-0.8+5.8+4.4+0.6

15d

+12.9+1.3+11.6+8.6+4.3

+13.7+2.5+11.2+11.6+2.1

+10.9+1.9+9.0+3.2+7.7

+11.5+3.1+8.4+3.8+7.7

UpDownMarket · Nifty 100Sector · Gas peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GAIL reported FY2026 standalone revenue of Rs 1,38,696.52 crore (up 1% YoY) but net profit fell 38% to Rs 6,968.30 crore from Rs 11,312.32 crore in FY2025. Consolidated net profit declined 39% to Rs 7,581.52 crore. The profit decline is partly due to FY2025 including a one-time exceptional income of Rs 2,440.03 crore from LNG supplier settlement, but also reflects operational challenges including geopolitical disruptions in West Asia affecting LNG supplies in March 2026. The company declared force majeure by Petronet LNG further impacted operations. The Board recommended a final dividend of Rs 0.50 per share (5%) in addition to Rs 5.00 interim dividend already paid. Auditors issued unmodified opinion with emphasis on contingent liabilities including Rs 3,768 crore CESTAT demand (disputed) and pending subsidy recovery of Rs 163.46 crore from Nagarjuna Fertilizers.

Likely market impact

Significant 38-39% profit decline is a concern for shareholders despite clean audit opinion. Geopolitical disruptions affecting LNG supplies impacted Q4 performance. Strong operating cash flow of Rs 9,879 crore and improving debt-equity ratio of 0.28 provide some comfort.