Sector Trends     31-Aug-24
Sector
Gas Distribution

Date: 30 Aug 2024

Gas Distribution

Sector

Market Cap

No of Companies

Gas Distribution

427901.98

9

 

NetWorth

132197.08

TTM Sales

249932.53

TTM Sales Var (%)

-2.38

Debt

27101.02

TTM OP

32878.14

TTM NP Var (%)

59.41

Capital Employed

178922.55

TTM OPM (%)

15.12

EV/TM Sales

1.71

Net Block

128066.81

TTM PATM (%)

8.84

EV/TTM EBITDA

13.38

Current Assets

47286.02

Debt / Equity

0.21

P/E

19.37

ROCE (%)

24.05

RONW (%)

16.71

P/B

3.24

The above figures are in Rs. Crores as of 30 Aug 2024

TTM ended June 2024

30 Aug 2024

31 Jul 2023

31 Jul 2022

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

427901.98 279252.41 516132.7 53.23 -17.09

Total Marketcap

46847847.76 31301254.6 28158510.47 49.67 66.37

Sector's share

0.91 0.89 1.83 0.02 -0.92

Sector No of companies

9 7 7 2 2

Total Listed companies

4747 4338 4144 409 603

Sector's share

0.19 0.16 0.17 0.03 0.02

Nifty 50

25235.9 24951.15 19253.8 1.14 31.07

 

Gainers

Company Name
30/08/2024
30/07/2024
Var%
Guj.St.Petronet 442.35 347.70 27.22
GAIL (India) 237.55 233.65 1.67
Petronet LNG 367.25 363.10 1.14

Losers

Company Name
30/08/2024
30/07/2024
Var%
Gujarat Gas 606.70 676.85 -10.36
Adani Total Gas 830.40 896.20 -7.34
IRM Energy 423.50 456.75 -7.28
Mahanagar Gas 1792.45 1891.45 -5.23
Indraprastha Gas 552.45 553.15 -0.13

 

During the month of August 2024, Gas Distribution sector’s Marketcap increased 53.23% to Rs 427901.98 crore, compared to 49.67% rise in total listed marketcap to Rs 46847847.76 crore.

Sector’s share of total listed marketcap moved to 0.91% in August 2024 from 0.89% in July 2023 and 1.83% in July 2022.


In terms of price appreciation in the sector, there were 3 gainers and 5 losers in the month of Aug 2024. The gainers accounted for 33.33% of sector companies, losers accounted for 55.56% of sector companies, while 1% remained unchanged.

The top 3 gainers were Guj.St.Petronet (27.22% gain), GAIL (India) (1.67% gain) and Petronet LNG (1.14% gain).

The 3 losers at the bottom were Gujarat Gas (-10.36% fall), Adani Total Gas (-7.34% fall) and IRM Energy (-7.28% fall).

During the month Gujarat State Petronet Ltd, Gujarat Gas Ltd and IRM Energy Ltd announced their results. Of these Gujarat Gas Ltd reported rise in net profit attributable to shareholders. Companies like Gujarat State Petronet Ltd and IRM Energy Ltd reported fall in net profit attributable to shareholders.

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, Adani Total Gas Ltd, Gujarat Gas Ltd, IRM Energy Ltd and Positron Energy Ltd filed their shareholding patterns.

FIIs increased their shareholding in GAIL (India) Ltd from 14.07% to 15.08%, Mahanagar Gas Ltd from 30.55% to 31.49%, Gujarat Gas Ltd from 3.72% to 4.31% and Gujarat State Petronet Ltd from 15.67% to 15.85%. FIIs reduced their shareholding in Adani Total Gas Ltd from 13.14% to 12.96%, IRM Energy Ltd from 1.08% to 0.48%, Petronet LNG Ltd from 26.22% to 25.57% and Indraprastha Gas Ltd from 16.82% to 16.16%.

DIIs increased their shareholding in Petronet LNG Ltd from 10.49% to 12.01%, Indraprastha Gas Ltd from 24.00% to 24.97% and Adani Total Gas Ltd from 6.12% to 6.15%. DIIs reduced their shareholding in Gujarat Gas Ltd from 15.05% to 14.76%, IRM Energy Ltd from 10.86% to 10.48%, Mahanagar Gas Ltd from 16.91% to 16.30%, Gujarat State Petronet Ltd from 24.42% to 23.47% and GAIL (India) Ltd from 18.56% to 17.11%.

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, 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, Torrent Gas Pvt Ltd, Think Gas Distribution Pvt Ltd, Haryana City Gas Distribution Ltd, IRM Energy Ltd, HPOil Gas Pvt Ltd, GSPL India Transco Ltd, Bengal Gas Company Ltd, Konkan LNG Ltd, Torrent Gas Moradabad Ltd, Sanwariya Gas Ltd and Matrix Gas and Renewables Ltd were updated in Capitaline.

 

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