Live GAIL (India) Share Price Chart

O 184.9

H 184.9

L 184.9

VOL 32083

GAIL (India) Performance

Days Range

Low: ₹184.20
High: ₹186.00
Previous Close ₹184.15
Open ₹184.90
Volume 11,73,873
Day’s Range ₹184.20 - ₹186.00
52W Range ₹101.90 - ₹187.85
Market Cap ₹1,21,146 Cr

GAIL (India) Fundamentals

ROCE (TTM) 7.65
P/E Ratio (TTM) 14.88
P/B Ratio 1.65
Industry P/E 20.58
Debt to Equity 0.25
ROE 7.25
EPS (TTM) 12.27
Dividend Yield 2.74
Book Value 110.81
Face Value 10

GAIL (India) Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales33,206.6232,788.6332,985.6934,697.82
Expenses33,281.7230,849.7430,242.7831,361.75
Profit before tax688.92,282.513,138.474,074.78
Operating Profit642.741,792.992,442.183,193.35
Net Profit642.741,792.992,442.183,193.35
EPS in Rs0.962.733.724.86

About GAIL (India)

History of GAIL India

GAIL (India), formerly known as Gas Authority of India Limited, was established on August 16, 1984, with the goal of developing gas sector infrastructure to support the natural gas industry’s growth in India. As India’s premier natural gas company, GAIL manages the entire natural gas value chain, encompassing exploration, production, processing, transmission, distribution, marketing, and related services.

In 1991, GAIL successfully operationalised the 2800-km Hazira–Vijaipur–Jagdishpur (HVJ) pipeline. During 1991–93, the company constructed three LPG plants and acquired regional pipelines, enabling regional gas distribution across India. GAIL commenced city gas distribution in Delhi in 1997, establishing nine CNG stations to serve the city’s public transport. In 1999, GAIL established northern India’s sole petrochemical plant in Pata.

In 2001, GAIL made significant strides by becoming the first Infrastructure Provider Category II Licensee and signing India’s first Service Level Agreement for bandwidth leasing in the Delhi–Vijaipur sector through its telecom venture, GAILTEL. The same year, GAIL commissioned the world’s longest cross-country LPG Transmission Pipeline from Jamnagar to Loni.

Over time, GAIL diversified into petrochemicals, telecom, and liquid hydrocarbons while expanding its presence in power, LNG re-gasification, city gas distribution, and exploration and production through equity and joint ventures. In a transformative move, the company rebranded itself as GAIL (India) Limited on November 22, 2002.

Business Segments

GAIL operates across diverse business segments, including:

  1. Natural Gas: GAIL is engaged in the processing, transmission, and marketing of natural gas. The company operates a network of pipelines that transport natural gas across India and also imports liquefied natural gas (LNG) to meet the growing demand for natural gas.
  2. Liquid Hydrocarbons: GAIL is involved in the transmission of liquid hydrocarbons, encompassing liquefied petroleum gas (LPG) and other liquid hydrocarbons. The company operates a network of pipelines that transport LPG and other liquid hydrocarbons across India.
  3. LPG Transmission: GAIL specialises in the transmission of LPG. The company operates a network of pipelines that transport LPG across India, catering to the needs of households, commercial establishments, and vehicles.
  4. Petrochemicals: GAIL is engaged in the production and marketing of petrochemicals. The company operates a petrochemical complex at Pata, Uttar Pradesh, which produces a range of petrochemical products, including polyethylene, polypropylene, and more.
  5. City Gas Distribution: GAIL is involved in the distribution of natural gas to urban households, commercial establishments, and vehicles. The company operates city gas distribution (CGD) networks in various cities across India, including Delhi, Mumbai, and more.
  6. Renewable Energy: GAIL is focused on the production and distribution of renewable energy, including solar and wind energy. The company has set a target of generating 1 GW of solar power by 2025 and is also exploring opportunities in the wind energy sector.
  7. Exploration and Production: GAIL is active in the exploration and production of oil and gas resources. The company has participated in various exploration and production projects in India and abroad, including shale gas exploration in the United States.
  8. GAILTEL: GAIL provides telecom services through its subsidiary GAILTEL. The company offers a range of telecom services, including leased lines, internet services, and more.
  9. Electricity Generation: GAIL is engaged in the generation of electricity through its subsidiary GAIL (India) Power Limited. The company operates a 382 MW gas-based power plant at Dibiyapur, Uttar Pradesh, which supplies electricity to the northern region of India.

GAIL (India) Limited is a diversified natural gas company that operates in various segments. Here are some of the subsidiaries of GAIL as of 2023:

  1. Brahmaputra Cracker and Polymer Limited (BCPL): BCPL is a joint venture between GAIL, Oil India Limited, Numaligarh Refinery Limited, and the Government of Assam. The company is engaged in the production of petrochemicals and polymers, including high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), and more.
  2. GAIL Gas Limited: GAIL Gas Limited is a subsidiary of GAIL that is involved in the distribution of natural gas through city gas distribution (CGD) networks. The company operates CGD networks in various cities across India, including Delhi, Mumbai, and more.

Key Personnel 

  • Sandeep Kumar Gupta, Chairman & MD

Mr. Sandeep Kumar Gupta is a Commerce graduate and a Fellow of the Institute of Chartered Accountants of India. Before his appointment at GAIL in October 2022, Mr Gupta served as the Director (Finance) at Indian Oil Corporation Limited. Mr Gupta boasts an extensive 34-year background in the Oil and gas sector, during which he has served in various roles within Indian Oil’s Corporate Office, Refineries Head Office, and Refineries in Guwahati, Baroda, and Mathura.

Corporate Actions

Bonus

GAIL (India) Limited underwent several bonus issues in the past, as follows:

  • On September 6, 2022, GAIL (India) Limited announced a 1:2 bonus.
  • On July 9, 2019, GAIL (India) Limited granted a 1:1 bonus.
  • On March 29, 2018, GAIL (India) Limited issued a 1:3 bonus.
  • On March 9, 2017, GAIL (India) Limited provided a 1:3 bonus.
  • GAIL (India) Limited issued a 1:2 bonus on October 6, 2008.

Acquisition

  • On June 8, 2023, GAIL India acquired JBF Petrochemical for a resolution of ₹2,100 crore. The purchase of JBFPL presents GAIL India with the chance to augment its current petrochemical range by introducing Purified Terephthalic Acid (PTA) as a new product.

Management Outlook

  • In 2021, India’s total energy consumption increased by 10% to 992 BCM, with coal (56.7%), oil (26.5%), and gas (6.3%) dominating. Renewables, hydro, and nuclear made up the remaining 10%. Gail India, a key player, contributes to India’s natural gas growth by expanding infrastructure and advocating its use in various sectors.
  • GAIL is committed to reducing its carbon footprint and has set a target of achieving net-zero emissions by 2040.
  • The company is investing in renewable energy and has set a target of generating 1 GW of solar power by 2025.
  • The company’s natural gas transmission volume increased by 7% in FY 2023, and the LPG transmission volume increased by 10%.
  • GAIL is also investing in the development of city gas distribution (CGD) networks and plans to expand its CGD operations to 100 districts in the next few years.
Parent Organisation Govt of India
Founded 1984
Managing Director Sandeep Kumar Gupta
NSE Symbol GAIL

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Adani Total Gas Ltd ₹114,220.78

1040.1

0.95 (0.09%)

1026 - 1046
Gujarat Gas Ltd ₹39,809.60

576.8

1.55 (-0.27%)

574.15 - 582.15
Indraprastha Gas Ltd ₹30,355.53

435.05

1.30 (0.30%)

432.05 - 437.6
Petronet LNG Ltd ₹42,390.00

281.85

0.85 (-0.30%)

278.9 - 284.25
Deep Energy Resources Ltd ₹625.28

194.4

1.35 (-0.69%)

192 - 196.95

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GAIL (India) FAQs

What is the Share price of GAIL (India) (GAIL)?

GAIL (India) (GAIL) share price as of March 2, 2024, on NSE is Rs 184.40 (NSE) and Rs 184.35 (BSE) on BSE.

Can I buy GAIL (India) (GAIL) shares?

Yes, You can buy GAIL (India) (GAIL) shares by opening a Demat account with Angel One.

How do I buy GAIL (India) (GAIL) from Angel One?

GAIL (India) (GAIL) share can be brought through the following modes:
  1. Direct investment: You can buy GAIL (India) (GAIL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to GAIL (India) (GAIL) shares.

What are the Subsidiaries that comes under Gail?

The key subsidiaries that come under GAIL are Brahmaputra Cracker and Polymer Limited (BCPL), GAIL Gas Limited, GAIL Global (Singapore) Pte Limited, GAIL GLOBAL (USA) INC (GGUI), GAIL GLOBAL USA LNG LLC (GGULL), and Konkan LNG Limited (KLL).

What is the main business of Gail?

The main business of GAIL as India’s leading natural gas company is trading and transmission of natural gas. It is also involved in the LPG production and transmission, LNG re-gasification, petrochemicals, city gas, and E&P along the natural gas value chain.

Who are the promoters of Gail?

The main promoter of GAIL is the Presdient of India.

What is the total Asset of Gail?

The total asset of GAIL is Rs. 96, 584 Crores.