|
Net sales (including other operating income)
of GAIL (India) has increased 2.74% to Rs 33888.9 crore. Sales of Natural Gas segment has gone up
7.59% to Rs 2,844.92 crore (accounting for 6.71% of total sales). Sales of LPG segment has gone up 0.54% to Rs 185.52
crore (accounting for 0.44% of total sales).
Sales of Natural Gas Trading segment rose 2.09% to Rs 32,150.64 crore
(accounting for 75.88% of total sales).
Sales of Petrochemicals segment has gone up 24.82% to Rs 2,175.98 crore
(accounting for 5.14% of total sales).
Sales of LPG and Liquid Hydrocarbons segment has gone up 25.30% to Rs
1,296.26 crore (accounting for 3.06% of total sales). Sales of City Gas Distribution segment has
gone up 14.95% to Rs 3,412.45 crore (accounting for 8.05% of total sales). Sales of Others segment has gone up 0.72% to
Rs 302.99 crore (accounting for 0.72% of total sales). Inter-segment sales rose Rs 7,318.17 crore to
Rs 8,387.72 crore.
Profit before interest, tax and other
unallocable items (PBIT) has jumped 10.26% to Rs 3,476.59 crore. PBIT of Natural Gas segment rose 8.69% to Rs
1,402.81 crore (accounting for 40.35% of total PBIT). PBIT of LPG segment rose 4.45% to Rs 85.51
crore (accounting for 2.46% of total PBIT).
PBIT of Natural Gas Trading segment fell 27.24% to Rs 1,253.64 crore
(accounting for 36.06% of total PBIT).
PBIT of Petrochemicals reported profit of Rs 146.19 crore compared to
loss of Rs 160.94 crore. PBIT of LPG and
Liquid Hydrocarbons reported profit of Rs 248.94 crore compared to loss of Rs
16.69 crore. PBIT of City Gas
Distribution segment rose 120.30% to Rs 205.03 crore (accounting for 5.90% of
total PBIT). PBIT of Others segment fell
5.38% to Rs 134.47 crore (accounting for 3.87% of total PBIT).
The Natural Gas transmission volume stood at
130.63 MMSCMD in Q2 FY-25 & gas marketing volume was 96.60 MMSCMD in Q2
FY`25. The LHC & polymer sale stood at 253 TMT & 226 TMT respectively
in Q2 FY-25 as compared to 218 TMT & 169 TMT respectively in Q1 FY-25. In
Q2 FY`25, Petrochemical segment clocked PBT of Rs 157 crore as against loss of
Rs 42 crore in Q1 FY`25. Shri Sandeep Kumar Gupta, CMD, GAIL mentioned that
petrochemical segment is expected to be reasonably profitable in FY 2024-25.
The company has incurred a capex of Rs 1,885 crore during the current quarter,
mainly on Pipelines, Petrochemicals etc., taking cumulative capex upto H1 FY25
to Rs 3,544 crore.
PBIT margin of Natural Gas segment rose from
48.81% to 49.31%. PBIT margin of LPG
segment rose from 44.37% to 46.09%. PBIT
margin of Natural Gas Trading segment fell from 5.47% to 3.90%. PBIT margin of Petrochemicals segment rose
from negative 9.23% to 6.72%. PBIT
margin of LPG and Liquid Hydrocarbons segment rose from negative 1.61% to
19.20%. PBIT margin of City Gas
Distribution segment rose from 3.14% to 6.01%.
PBIT margin of Others segment fell from 47.24% to 44.38%. Overall PBIT margin rose from 7.81% to
8.21%.
Operating profit margin has jumped from
10.85% to 11.62%, leading to 9.97% rise in operating profit to Rs 3,937.20
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 3.57% to 5.91%. Purchase of finished goods cost fell from
78.22% to 74.12%. Employee cost
decreased from 1.76% to 1.68%. Other
expenses rose from 5.81% to 6.38%.
Other income rose 34.74% to Rs 276.67
crore. PBIDT rose 11.31% to Rs 4213.87
crore. Provision for interest fell 5.72%
to Rs 188.18 crore. Loan funds rose to
Rs 19,631.77 crore as of 30 September 2024 from Rs 17,951.01 crore as of 30
September 2023. Inventories declined
from Rs 5,910.25 crore as of 30 September 2023 to Rs 4,696.53 crore as of 30
September 2024. Sundry debtors were
higher at Rs 10,257.36 crore as of 30 September 2024 compared to Rs 8,590.48
crore as of 30 September 2023. Cash and
bank balance declined from Rs 2,584.54 crore as of 30 September 2023 to Rs
2,581.21 crore as of 30 September 2024.
Investments rose to Rs 24,103.49 crore as of 30 September 2024 from Rs
18,826.52 crore as of 30 September 2023 .
PBDT rose 12.26% to Rs 4025.69 crore. Provision for depreciation rose 10.11% to Rs
921.98 crore. Fixed assets increased to
Rs 77,418.69 crore as of 30 September 2024 from Rs 70,439.77 crore as of 30 September
2023. Intangible assets increased from
Rs 2,962.15 crore to Rs 3,209.73 crore.
Profit before tax grew 12.92% to Rs 3,103.71
crore. Share of profit/loss was 6.12%
lower at Rs 365.94 crore. Provision for
tax was expense of Rs 779.98 crore, compared to Rs 696.29 crore. Effective tax rate was 22.48% compared to
22.19%.
Minority interest decreased 107.49% to Rs
-3.88 crore. Net profit attributable to
owners of the company increased 10.21% to Rs 2,693.55 crore.
Equity capital stood at Rs 6,575.10 crore as
of 30 September 2024 to Rs 6,575.10 crore as of 30 September 2023. Per share face Value remained same at Rs
10.00.
Promoters’ stake was 51.52% as of 30
September 2024 compared to 51.52% as of 30 September 2023.
For
year-to-date (YTD) results analysis
Net sales (including other operating income)
of GAIL (India) has increased 4.34% to Rs 68626.67 crore. Sales of Natural Gas segment has gone up
8.98% to Rs 5,708.95 crore (accounting for 6.73% of total sales). Sales of LPG segment has gone up 0.89% to Rs
365.32 crore (accounting for 0.43% of total sales). Sales of Natural Gas Trading segment rose
2.88% to Rs 65,270.52 crore (accounting for 76.93% of total sales). Sales of Petrochemicals segment has gone up
10.46% to Rs 3,807.47 crore (accounting for 4.49% of total sales). Sales of LPG and Liquid Hydrocarbons segment
has gone up 4.81% to Rs 2,466.82 crore (accounting for 2.91% of total
sales). Sales of City Gas Distribution
segment has gone up 23.62% to Rs 6,641.67 crore (accounting for 7.83% of total
sales). Sales of Others segment has gone
up 4.08% to Rs 585.03 crore (accounting for 0.69% of total sales). Inter-segment sales rose Rs 14,883.77 crore
to Rs 16,042.92 crore.
Profit before interest, tax and other
unallocable items (PBIT) has jumped 38.03% to Rs 7,564.84 crore. PBIT of Natural Gas segment rose 23.08% to Rs
2,849.68 crore (accounting for 37.67% of total PBIT). PBIT of LPG segment rose 2.60% to Rs 166.26
crore (accounting for 2.20% of total PBIT).
PBIT of Natural Gas Trading segment rose 18.80% to Rs 3,289.77 crore
(accounting for 43.49% of total PBIT).
PBIT of Petrochemicals reported profit of Rs 96.88 crore compared to
loss of Rs 462.69 crore. PBIT of LPG and
Liquid Hydrocarbons segment rose 158.23% to Rs 478.79 crore (accounting for
6.33% of total PBIT). PBIT of City Gas
Distribution segment rose 73.58% to Rs 393.48 crore (accounting for 5.20% of
total PBIT). PBIT of Others segment rose
1.86% to Rs 289.98 crore (accounting for 3.83% of total PBIT).
PBIT margin of Natural Gas segment rose from
44.20% to 49.92%. PBIT margin of LPG
segment rose from 44.75% to 45.51%. PBIT
margin of Natural Gas Trading segment rose from 4.36% to 5.04%. PBIT margin of Petrochemicals segment rose
from negative 13.42% to 2.54%. PBIT
margin of LPG and Liquid Hydrocarbons segment rose from 7.88% to 19.41%. PBIT margin of City Gas Distribution segment
rose from 4.22% to 5.92%. PBIT margin of
Others segment fell from 50.65% to 49.57%.
Overall PBIT margin rose from 6.78% to 8.92%.
Operating profit margin has jumped from 9.49%
to 12.72%, leading to 39.84% rise in operating profit to Rs 8,727.22
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 4.75% to 5.02%. Purchase of finished goods cost fell from
77.83% to 74.55%. Employee cost
decreased from 1.72% to 1.65%. Other
expenses fell from 6.21% to 5.83%.
Other income rose 39.14% to Rs 497.22
crore. PBIDT rose 39.80% to Rs 9224.44
crore. Provision for interest rose 3.11%
to Rs 396.94 crore. Loan funds rose to
Rs 19,631.77 crore as of 30 September 2024 from Rs 17,951.01 crore as of 30
September 2023. Inventories declined
from Rs 5,910.25 crore as of 30 September 2023 to Rs 4,696.53 crore as of 30
September 2024. Sundry debtors were
higher at Rs 10,257.36 crore as of 30 September 2024 compared to Rs 8,590.48
crore as of 30 September 2023. Cash and
bank balance declined from Rs 2,584.54 crore as of 30 September 2023 to Rs
2,581.21 crore as of 30 September 2024.
Investments rose to Rs 24,103.49 crore as of 30 September 2024 from Rs
18,826.52 crore as of 30 September 2023 .
PBDT rose 42.08% to Rs 8827.5 crore. Provision for depreciation rose 33.05% to Rs
2074.17 crore. Fixed assets increased to
Rs 77,418.69 crore as of 30 September 2024 from Rs 70,439.77 crore as of 30
September 2023. Intangible assets
increased from Rs 2,962.15 crore to Rs 3,209.73 crore.
Profit before tax grew 45.10% to Rs 6,753.33
crore. Share of profit/loss was 8.26%
higher at Rs 830.14 crore. Provision for
tax was expense of Rs 1710.45 crore, compared to Rs 1185.81 crore. Effective tax rate was 22.55% compared to
21.87%.
Minority interest decreased 373.97% to Rs
-3.46 crore. Net profit attributable to
owners of the company increased 38.73% to Rs 5,876.48 crore.
Equity capital stood at Rs 6,575.10 crore as
of 30 September 2024 to Rs 6,575.10 crore as of 30 September 2023. Per share face Value remained same at Rs
10.00.
Promoters’ stake was 51.52% as of 30
September 2024 ,compared to 51.52% as of 30 September 2023 .
Cash flow from operating activities decreased
to Rs 7,793.43 crore for YTD ended September 2024 from Rs 9,102.28 crore for
YTD ended September 2023. Cash flow used
in acquiring fixed assets during the YTD ended September 2024 stood at Rs
4,263.66 crore, compared to Rs 9,381.69 crore during the YTD ended September
2023.
The scrip is currently trading at Rs 200
|
GAIL (India) : Consolidated Results
|
|
Particulars
|
2409 (03)
|
2309 (03)
|
Var.(%)
|
2409 (06)
|
2309 (06)
|
Var.(%)
|
2403 (12)
|
2303 (12)
|
Var.(%)
|
|
Net Sales
(including other operating income)
|
33,888.90
|
32,985.69
|
3
|
68,626.67
|
65,774.32
|
4
|
1,33,228.46
|
1,45,668.30
|
-9
|
|
OPM (%)
|
11.6
|
10.9
|
|
12.7
|
9.5
|
|
10.7
|
5.1
|
|
|
OP
|
3,937.20
|
3,580.22
|
10
|
8,727.22
|
6,240.76
|
40
|
14,296.32
|
7,486.20
|
91
|
|
Other Inc.
|
276.67
|
205.34
|
35
|
497.22
|
357.35
|
39
|
1,007.81
|
1,328.47
|
-24
|
|
PBIDT
|
4,213.87
|
3,785.56
|
11
|
9,224.44
|
6,598.11
|
40
|
15,304.13
|
8,814.67
|
74
|
|
Interest
|
188.18
|
199.59
|
-6
|
396.94
|
384.95
|
3
|
719.2
|
364.78
|
97
|
|
PBDT
|
4,025.69
|
3,585.97
|
12
|
8,827.50
|
6,213.16
|
42
|
14,584.93
|
8,449.89
|
73
|
|
Depreciation
|
921.98
|
837.31
|
10
|
2074.17
|
1558.96
|
33
|
3672
|
2701.57
|
36
|
|
PBT
|
3,103.71
|
2,748.66
|
13
|
6753.33
|
4654.2
|
45
|
10912.93
|
5748.32
|
90
|
|
Share of
Profit/(Loss) from Associates
|
365.94
|
389.81
|
-6
|
830.14
|
766.78
|
8
|
1682.08
|
1508.06
|
12
|
|
PBT before EO
|
3469.65
|
3138.47
|
11
|
7583.47
|
5420.98
|
40
|
12595.01
|
7256.38
|
74
|
|
EO Income
|
0
|
0
|
-
|
0
|
0
|
-
|
0
|
0
|
-
|
|
PBT after EO
|
3469.65
|
3138.47
|
11
|
7583.47
|
5420.98
|
40
|
12595.01
|
7256.38
|
74
|
|
Taxation
|
779.98
|
696.29
|
12
|
1710.45
|
1185.81
|
44
|
2692.2
|
1660.49
|
62
|
|
PAT
|
2689.67
|
2442.18
|
10
|
5873.02
|
4235.17
|
39
|
9902.81
|
5595.89
|
77
|
|
Minority
Interest (MI)
|
-3.88
|
-1.87
|
-107
|
-3.46
|
-0.73
|
-374
|
3.59
|
-20.11
|
PL
|
|
Net profit
|
2693.55
|
2444.05
|
10
|
5876.48
|
4235.9
|
39
|
9899.22
|
5616
|
76
|
|
EPS (Rs)*
|
#
|
#
|
|
#
|
#
|
|
15.1
|
8.5
|
|
|
Notes
|
|
* EPS is on
current equity of Rs 6,575.10 crore, Face value of Rs 10, Excluding
extraordinary items.
|
|
# EPS is not
annualised
|
|
bps : Basis
points
|
|
EO :
Extraordinary items
|
|
Figures in Rs
crore
|
|
Source:
Capitaline Corporate Database
|
|
GAIL (India) : Consolidated Segment Results
|
|
|
% of (Total)
|
2409 (03)
|
2309 (03)
|
Var.(%)
|
% of (Total)
|
2409 (06)
|
2309 (06)
|
Var.(%)
|
% of (Total)
|
2403 (12)
|
2303 (12)
|
Var.(%)
|
|
Sales
|
|
|
|
|
|
Natural Gas
|
7
|
2,844.92
|
2,644.33
|
8
|
7
|
5,708.95
|
5,238.36
|
9
|
6
|
10,288.82
|
6,661.07
|
54
|
|
LPG
|
0
|
185.52
|
184.53
|
1
|
0
|
365.32
|
362.1
|
1
|
0
|
731.87
|
721.62
|
1
|
|
Natural Gas
Trading
|
76
|
32,150.64
|
31,491.26
|
2
|
77
|
65,270.52
|
63,445.98
|
3
|
78
|
1,27,433.96
|
1,59,067.91
|
-20
|
|
Petrochemicals
|
5
|
2,175.98
|
1,743.32
|
25
|
4
|
3,807.47
|
3,446.95
|
10
|
5
|
7,753.41
|
4,917.26
|
58
|
|
LPG and Liquid
Hydrocarbons
|
3
|
1,296.26
|
1,034.53
|
25
|
3
|
2,466.82
|
2,353.55
|
5
|
3
|
5,075.83
|
5,569.97
|
-9
|
|
City Gas
Distribution
|
8
|
3,412.45
|
2,968.63
|
15
|
8
|
6,641.67
|
5,372.46
|
24
|
7
|
11,851.69
|
11,286.69
|
5
|
|
Others
|
1
|
302.99
|
300.83
|
1
|
1
|
585.03
|
562.09
|
4
|
1
|
1,102.25
|
1,213.56
|
-9
|
|
Total Reported
Sales
|
100
|
42,368.76
|
40,367.43
|
5
|
100
|
84,845.78
|
80,781.49
|
5
|
100
|
1,64,237.83
|
1,89,438.08
|
-13
|
|
Less: Inter
segment revenues
|
|
8,387.72
|
7,318.17
|
15
|
|
16,042.92
|
14,883.77
|
8
|
|
30,739.21
|
43,564.77
|
-29
|
|
Net Sales
|
|
33,981.04
|
33,049.26
|
3
|
|
68,802.86
|
65,897.72
|
4
|
|
1,33,498.62
|
1,45,873.31
|
-8
|
|
PBIT
|
|
|
|
|
|
Natural Gas
|
40
|
1,402.81
|
1,290.65
|
9
|
38
|
2,849.68
|
2,315.26
|
23
|
35
|
4,510.11
|
1,919.69
|
135
|
|
LPG
|
2
|
85.51
|
81.87
|
4
|
2
|
166.26
|
162.05
|
3
|
2
|
317.06
|
368.69
|
-14
|
|
Natural Gas
Trading
|
36
|
1,253.64
|
1,723.03
|
-27
|
43
|
3,289.77
|
2,769.23
|
19
|
48
|
6,166.76
|
3,228.59
|
91
|
|
Petrochemicals
|
4
|
146.19
|
-160.94
|
LP
|
1
|
96.88
|
-462.69
|
LP
|
1
|
125.45
|
-1,060.85
|
LP
|
|
LPG and Liquid
Hydrocarbons
|
7
|
248.94
|
-16.69
|
LP
|
6
|
478.79
|
185.41
|
158
|
6
|
769.53
|
1,228.43
|
-37
|
|
City Gas
Distribution
|
6
|
205.03
|
93.07
|
120
|
5
|
393.48
|
226.69
|
74
|
4
|
560.65
|
429.19
|
31
|
|
Others
|
4
|
134.47
|
142.11
|
-5
|
4
|
289.98
|
284.69
|
2
|
3
|
318.88
|
513.72
|
-38
|
|
Total PBIT
|
100
|
3,476.59
|
3,153.10
|
10
|
100
|
7,564.84
|
5,480.64
|
38
|
100
|
12,768.44
|
6,627.46
|
93
|
|
Less : Interest
|
|
188.18
|
199.59
|
-6
|
|
396.94
|
384.95
|
3
|
|
719.2
|
366.58
|
96
|
|
Add: Other
un-allcoable
|
|
181.24
|
184.96
|
-2
|
|
415.57
|
325.29
|
28
|
|
545.77
|
995.5
|
-45
|
|
PBT
|
|
3,469.65
|
3,138.47
|
11
|
|
7,583.47
|
5,420.98
|
40
|
|
12,595.01
|
7,256.38
|
74
|
|