Date: 28 Feb 2024
Gas Distribution
Sector |
Market Cap |
No of Companies |
Gas Distribution |
374981.92 |
9 |
NetWorth |
120459.62 |
TTM Sales |
244258.64 |
TTM Sales Var (%) |
-4.80 |
Debt |
23004.86 |
TTM OP |
26496.72 |
TTM NP Var (%) |
-0.34 |
Capital Employed |
162253.93 |
TTM OPM (%) |
12.80 |
EV/TM Sales |
1.54 |
Net Block |
117169.16 |
TTM PATM (%) |
7.46 |
EV/TTM EBITDA |
14.47 |
Current Assets |
44213.36 |
Debt / Equity |
0.19 |
P/E |
20.57 |
ROCE (%) |
21.75 |
RONW (%) |
15.14 |
P/B |
3.11 |
The above figures are in Rs. Crores as of 28 Feb 2024
TTM ended December 2023
|
28 Feb 2024 |
31 Jan 2023 |
31 Jan 2022 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
374981.92 |
414135.03 |
396111.04 |
-9.45 |
-5.33 |
Total Marketcap |
38849922.4 |
27157567.18 |
25408087.59 |
43.05 |
52.9 |
Sector's share |
0.97 |
1.52 |
1.56 |
-0.55 |
-0.59 |
Sector No of companies |
9 |
9 |
9 |
0 |
0 |
Total Listed companies |
4541 |
4248 |
4096 |
293 |
445 |
Sector's share |
0.2 |
0.21 |
0.22 |
-0.01 |
-0.02 |
Nifty 50 |
21951.15 |
21725.7 |
17303.95 |
1.04 |
26.86 |
Gainers |
| Company Name |
28/02/2024 |
25/01/2024 |
Var% |
| GAIL (India) |
179.25 |
165.40 |
8.37 |
| Mahanagar Gas |
1468.50 |
1374.05 |
6.87 |
| Petronet LNG |
273.80 |
256.60 |
6.70 |
| Indraprastha Gas |
415.70 |
405.10 |
2.62 |
| Adani Total Gas |
1018.95 |
1003.35 |
1.55 |
Losers |
| Company Name |
28/02/2024 |
25/01/2024 |
Var% |
| Gujarat Gas |
548.65 |
552.10 |
-0.62 |
| Guj.St.Petronet |
361.30 |
361.40 |
-0.03 |
During the month of February 2024, Gas Distribution sector’s Marketcap decreased -9.45% to Rs 374981.92 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.
Sector’s share of total listed marketcap moved to 0.97% in February 2024 from 1.52% in January 2023 and 1.56% in January 2022.
In terms of price appreciation in the sector, there were 7 gainers and 2 losers in the month of Feb 2024. The gainers accounted for 77.78% of sector companies, losers accounted for 22.22% of sector companies.
The top 3 gainers were GAIL (India) (8.37% gain), Mahanagar Gas (6.87% gain) and Petronet LNG (6.70% gain).
The 2 losers at the bottom were Gujarat Gas (-0.62% fall) and Guj.St.Petronet (-0.03% fall).
During the month Gujarat State Petronet Ltd, Deep Energy Resources Ltd, Gujarat Gas Ltd and Deep Industries Ltd announced their results. Of these Gujarat State Petronet Ltd and Deep Industries Ltd reported rise in net profit attributable to shareholders. Companies like Gujarat Gas Ltd and Deep Energy Resources Ltd reported fall in net profit attributable to shareholders.
Deep Energy Resources Ltd reported profit to loss.
GAIL (India) Ltd and Mahanagar Gas Ltd became ex-dividend.
During the month GAIL (India) Ltd, Mahanagar Gas Ltd, Petronet LNG Ltd, Indraprastha Gas Ltd, Gujarat State Petronet Ltd, Deep Energy Resources Ltd, Adani Total Gas Ltd, Gujarat Gas Ltd and Deep Industries Ltd filed their shareholding patterns.
FIIs increased their shareholding in Mahanagar Gas Ltd from 30.51% to 30.85% and Gujarat State Petronet Ltd from 16.01% to 16.03%. FIIs reduced their shareholding in Deep Industries Ltd from 2.18% to 2.03%, Gujarat Gas Ltd from 3.80% to 3.34%, GAIL (India) Ltd from 14.65% to 14.14%, Adani Total Gas Ltd from 13.94% to 13.06%, Indraprastha Gas Ltd from 20.94% to 17.90% and Petronet LNG Ltd from 33.31% to 26.83%.
DIIs increased their shareholding in Petronet LNG Ltd from 4.84% to 9.92%, Indraprastha Gas Ltd from 20.72% to 22.10%, Mahanagar Gas Ltd from 15.50% to 16.72%, Gujarat Gas Ltd from 13.01% to 13.96% and GAIL (India) Ltd from 18.97% to 19.21%. DIIs reduced their shareholding in Gujarat State Petronet Ltd from 24.87% to 24.45%.
During the month Annual reports of GAIL (India) Ltd, Mahanagar Gas Ltd, Great Eastern Energy Corporation Ltd, Petronet LNG Ltd, Indraprastha Gas Ltd, Gujarat State Petronet Ltd, Deep Energy Resources Ltd, East West Pipeline Pvt Ltd, Green Gas Ltd, Central UP Gas Ltd, Maharashtra Natural Gas Ltd, Sabarmati Gas Ltd, Adani Total Gas Ltd, GSPC LNG Ltd, Gujarat Gas Ltd, Aavantika Gas Ltd, Unison Enviro Pvt Ltd, Deep Industries Ltd, Torrent Gas Pvt Ltd, Think Gas Distribution Pvt Ltd, Haryana City Gas Distribution Ltd, GSPL India Transco Ltd, Bengal Gas Company Ltd, Torrent Gas Moradabad Ltd, Sanwariya Gas Ltd, Matrix Gas and Renewables Ltd and Helios Capital Asset Management India Pvt Ltd were updated in Capitaline.
