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.