Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · GUJARAT ENERGY LIMITED · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
GUJARAT ENERGY LIMITED
NSE: GUJENERGY · BSE: 539336
NSE: GUJENERGY · BSE: 539336
Energy › Oil Gas & Consumable Fuels › Gas › LPG/CNG/PNG/LNG Supplier
GUJARAT ENERGY LIMITED
StateQ1 FY27 filed
Last close · 28 Oct 2026₹211.90
Market cap₹19.9k cr
TTM P/E · P/B · EV/EBITDA9.5 · 1.05 · 6.8
GUJARAT ENERGY LIMITED is a Gas company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 16,787 | 17,306 | 16,293 | 17,185 | 24,425 |
| EBITDA (ex other income) | 2,064 | 2,392 | 1,932 | 1,880 | 2,902 |
| margin % | 12.3 | 13.8 | 11.9 | 10.9 | 11.9 |
| Owners' profit | 0 | 1,528 | 1,144 | 1,148 | 2,019 |
| EPS, as reported (₹) | 18.70 | 22.20 | 16.61 | 16.68 | 21.55 |
| ROE % · ROCE % | 22.9 · 25.0 | 21.7 · 25.4 | 14.8 · 17.6 | 13.5 · 16.3 | 8.9 · 11.5 |
| Debt / equity (x) | 0.09 | 0.00 | 0.00 | 0.00 | 0.16 |
| Cash from operations | 1,662 | 2,375 | 1,634 | 1,806 | 2,721 |
| Capex | (1,366) | (1,087) | (837) | (752) | (953) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · GUJARAT ENERGY LIMITED · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,949 | 4,333 | 4,289 | 4,065 | 3,979 | 3,865 | 6,002 | 9,771 |
| Profit before tax | 415 | 299 | 388 | 440 | 376 | 358 | 352 | 1,310 |
| Net profit | 309 | 221 | 288 | 328 | 280 | 267 | 152 | 1,007 |
| EPS (₹) | 4.48 | 3.21 | 4.18 | 4.76 | 4.06 | 3.88 | 3.75 | 10.67 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| E and P | 24 | 0.3 |
| Gas Trading | 3,964 | 48.1 |
| Power | 85 | 1.0 |
| City Gas Distribution | 4,067 | 49.3 |
| Regasification business | 92 | 1.1 |
| Unallocated | 14 | 0.2 |
| Total, before eliminations | 8,246 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADANI TOTAL GAS LIMITED | 58,709 | 92.9 | 12.07 | 49.2 | 13.5 | 11.8 | 29.1 | 14.8 |
| PETRONET LNG LIMITED | 42,638 | 10.1 | 1.91 | 6.6 | 17.6 | 20.3 | 10.8 | 31.4 |
| GUJARAT ENERGY LIMITED ◆ | 19,880 | 9.5 | 1.05 | 6.4 | 8.9 | 10.4 | 19.5 | 16.1 |
| INDRAPRASTHA GAS LTD | 19,694 | 14.5 | 1.71 | 8.8 | 13.4 | 13.8 | 26.8 | 7.8 |
| MAHANAGAR GAS LTD. | 10,401 | 14.5 | 1.61 | 6.6 | 13.0 | 16.2 | — | 14.4 |
| CONFIDENCE PETRO IND LTD. | 2,277 | 14.7 | 1.48 | 7.2 | 6.3 | 5.9 | 40.4 | 6.1 |
| IRM ENERGY LIMITED | 1,018 | 13.9 | 1.02 | 7.5 | 5.3 | 7.1 | — | 18.9 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.5 | 14.5 | 1 of 9 | 100% |
| P/B | 1.1 | 1.6 | 2 of 9 | 88% |
| ROCE | 10.4 | 11.8 | 6 of 9 | 38% |
| ROE | 8.9 | 12.6 | 6 of 9 | 38% |
| Debt / Equity | 0.2 | 0.2 | 5 of 9 | 50% |
| EBITDA margin | 16.1 | 16.1 | 5 of 9 | 50% |
| Revenue growth | 140.3 | 24.3 | 1 of 9 | 100% |
| Profit growth | 207.5 | 96.1 | 2 of 9 | 88% |
| Market cap | 19880 | 19880 | 5 of 9 | 50% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · GUJARAT ENERGY LIMITED · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · B N Patel ceases as Executive Director after government transfer | management changes | medium | — | — |
| 27 Oct 2026 · Gujarat Energy schedules Q2 FY27 earnings call for 6 November | board shareholder meetings | low | — | — |
| 14 Oct 2026 · Gujarat Energy pays record Rs. 324 Cr dividend to Gujarat Government for FY26 | compliance | low | — | — |
| 14 Oct 2026 · GSEG reclassified from Promoter to Public; NSE and BSE approve | ownership changes | high | — | — |
| 9 Oct 2026 · Gujarat Energy gets CRISIL ESG rating upgrade to 'Strong' for FY26 | business updates | medium | — | — |
| 8 Oct 2026 · ICICI Prudential MF cuts Gujarat Energy stake to 3.77 percent from 5.81 percent | ownership changes | medium | — | — |
| 7 Oct 2026 · Quarterly compliance certificate under SEBI Reg 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 7 Oct 2026 · Newspaper notice for special window to dematerialize old physical shares | compliance | minimal | — | — |
| 1 Oct 2026 · Gujarat Energy 14th AGM: All 5 resolutions passed, dividend for FY26 approved | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Gujarat Energy 14th AGM: all 5 resolutions passed, dividend declared | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in