|
Net sales (including other operating income)
of GAIL (India) has increased 6.16% to Rs 36834.73 crore. Sales of Natural Gas segment has gone up
2.94% to Rs 2,753.81 crore (accounting for 5.79% of total sales). Sales of LPG segment has gone up 33.73% to Rs
245.91 crore (accounting for 0.52% of total sales). Sales of Natural Gas Trading segment rose
14.92% to Rs 37,307.67 crore (accounting for 78.49% of total sales). Sales of Petrochemicals segment has gone up
0.99% to Rs 2,070.47 crore (accounting for 4.36% of total sales). Sales of LPG and Liquid Hydrocarbons segment
has gone up 20.44% to Rs 1,561.32 crore (accounting for 3.28% of total
sales). Sales of City Gas Distribution segment
has gone down 1.81% to Rs 3,327.78 crore (accounting for 7.00% of total
sales). Sales of Others segment has gone
down 5.79% to Rs 264.50 crore (accounting for 0.56% of total sales). Inter-segment sales rose Rs 7,571.84 crore to
Rs 10,594.91 crore.
Profit before interest, tax and other
unallocable items (PBIT) has jumped 34.03% to Rs 5,092.47 crore. PBIT of Natural Gas segment rose 12.45% to Rs
1,370.29 crore (accounting for 26.91% of total PBIT). PBIT of LPG segment rose 76.26% to Rs 139.97
crore (accounting for 2.75% of total PBIT).
PBIT of Natural Gas Trading segment rose 55.27% to Rs 2,936.45 crore
(accounting for 57.66% of total PBIT).
PBIT of Petrochemicals reported loss of Rs 3.30 crore compared to profit
of Rs 54.73 crore. PBIT of LPG and
Liquid Hydrocarbons segment rose 46.96% to Rs 378.46 crore (accounting for
7.43% of total PBIT). PBIT of City Gas
Distribution segment rose 10.08% to Rs 202.19 crore (accounting for 3.97% of
total PBIT). PBIT of Others segment fell
40.19% to Rs 68.41 crore (accounting for 1.34% of total PBIT).
PBIT margin of Natural Gas segment rose from
45.55% to 49.76%. PBIT margin of LPG
segment rose from 43.19% to 56.92%. PBIT
margin of Natural Gas Trading segment rose from 5.83% to 7.87%. PBIT margin of Petrochemicals segment fell
from 2.67% to 0.16%. PBIT margin of LPG
and Liquid Hydrocarbons segment rose from 19.87% to 24.24%. PBIT margin of City Gas Distribution segment
rose from 5.42% to 6.08%. PBIT margin of
Others segment fell from 40.74% to 25.86%.
Overall PBIT margin rose from 8.97% to 10.71%.
Operating profit margin has declined from
12.13% to 8.60%, leading to 24.69% decline in operating profit to Rs 3,169.24
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 4.48% to 5.30%. Purchase of finished goods cost rose from
75.02% to 78.43%. Employee cost
decreased from 1.53% to 1.52%. Other
expenses fell from 6.53% to 6.28%.
Other income fell 8.67% to Rs 378.06
crore. PBIDT fell 23.25% to Rs 3547.3
crore. Provision for interest fell 3.85%
to Rs 169.29 crore.
PBDT fell 24.02% to Rs 3378.01 crore. Provision for depreciation rose 7.69% to Rs
939.35 crore.
Profit before tax down 31.76% to Rs 2,438.66
crore. Share of profit/loss was 21.48%
lower at Rs 393.35 crore. PBT before EO was down 31% to Rs 2832.01 crore. The
company reported EO income of Rs 2440.03 crore. PBT after EO was Rs 5272.04
crore. Consequent upon settlement agreement dated 15th January 2025 entered
with one of the LNG supplier. which includes payment of US$ 285 million by LNG
supplier to the Parent Company towards settlement or litigation for non-supply
or LNG cargos during FY 2022-23. The company has recognised Rs. 2.440.03 crore
(US$ 285 million) as an exceptional income during the quarter and nine months
ended 31" December 2024
Provision for tax was expense of Rs 1187.8
crore, compared to Rs 881.43 crore.
Effective tax rate was 22.53% compared to 21.63%.
Net profit attributable to owners of the
company increased 27.76% to Rs 4,081.56 crore.
During the quarter, Average Natural Gas
Transmission volume stood at 125.93 MMSCMD as against 130.63 MMSCMD in Q2 FY25.
Gas marketing volume stood at 103.46 MMSCMD as against 96.60 MMSCMD in previous
quarter. LHC sales stood at 282 TMT as against 253 TMT & Polymer sales
stood at 221 TMT as against 226 TMT in comparison to previous quarter.
Shri
Sandeep Kumar Gupta, Chairman & Managing Director, GAIL informed that in Q3 FY25,
GAIL has accounted for an exceptional income of US$ 285 million (Rs. 2,440
crores) from SEFE Marketing & Trading Singapore Pte. Ltd as settlement
towards withdrawal of arbitration proceedings.
Promoters’ stake was 51.52% as of 31 December
2024 ,compared to 51.52% as of 31 December 2023.
For
year-to-date (YTD) results analysis
Net sales (including other operating income)
of GAIL (India) has increased 4.97% to Rs 105461.4 crore. Sales of Natural Gas segment has gone up
6.94% to Rs 8,462.76 crore (accounting for 6.39% of total sales). Sales of LPG segment has gone up 11.95% to Rs
611.23 crore (accounting for 0.46% of total sales). Sales of Natural Gas Trading segment rose
6.95% to Rs 102,578.19 crore (accounting for 77.49% of total sales). Sales of Petrochemicals segment has gone up
6.93% to Rs 5,877.94 crore (accounting for 4.44% of total sales). Sales of LPG and Liquid Hydrocarbons segment
has gone up 10.36% to Rs 4,028.14 crore (accounting for 3.04% of total
sales). Sales of City Gas Distribution
segment has gone up 13.79% to Rs 9,969.45 crore (accounting for 7.53% of total
sales). Sales of Others segment has gone
up 0.79% to Rs 849.53 crore (accounting for 0.64% of total sales). Inter-segment sales rose Rs 22,455.61 crore
to Rs 26,637.83 crore.
Profit before interest, tax and other
unallocable items (PBIT) has jumped 36.41% to Rs 12,657.31 crore. PBIT of Natural Gas segment rose 19.16% to Rs
4,219.97 crore (accounting for 33.34% of total PBIT). PBIT of LPG segment rose 26.82% to Rs 306.23
crore (accounting for 2.42% of total PBIT).
PBIT of Natural Gas Trading segment rose 33.64% to Rs 6,226.22 crore
(accounting for 49.19% of total PBIT).
PBIT of Petrochemicals reported profit of Rs 93.58 crore compared to
loss of Rs 407.96 crore. PBIT of LPG and
Liquid Hydrocarbons segment rose 93.54% to Rs 857.25 crore (accounting for
6.77% of total PBIT). PBIT of City Gas
Distribution segment rose 45.16% to Rs 595.67 crore (accounting for 4.71% of
total PBIT). PBIT of Others segment fell
8.48% to Rs 358.39 crore (accounting for 2.83% of total PBIT).
PBIT margin of Natural Gas segment rose from
44.75% to 49.87%. PBIT margin of LPG
segment rose from 44.23% to 50.10%. PBIT margin of Natural Gas Trading segment rose from 4.86% to 6.07%. PBIT margin of Petrochemicals segment rose
from negative 7.42% to 1.59%. PBIT
margin of LPG and Liquid Hydrocarbons segment rose from 12.14% to 21.28%. PBIT margin of City Gas Distribution segment
rose from 4.68% to 5.97%. PBIT margin of
Others segment fell from 46.46% to 42.19%.
Overall PBIT margin rose from 7.54% to 9.56%.
Operating profit margin has jumped from
10.40% to 11.28%, leading to 13.87% rise in operating profit to Rs 11,896.46
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 4.66% to 5.12%. Purchase of finished goods cost fell from
76.88% to 75.93%. Employee cost
decreased from 1.63% to 1.61%. Other
expenses fell from 6.35% to 5.99%.
Other income rose 13.48% to Rs 875.28
crore. PBIDT rose 13.84% to Rs 12771.74
crore. Provision for interest rose 1.16%
to Rs 566.23 crore.
PBDT rose 14.51% to Rs 12205.51 crore. Provision for depreciation rose 23.95% to Rs
3013.52 crore.
Profit before tax grew 11.72% to Rs 9,191.99
crore due to SMTS settlement and also due to increase in gas transmission
volumes, increased realization in liquid hydrocarbons and better performance of
petrochemicals. Share of profit/loss was
3.49% lower at Rs 1223.49 crore.
Provision for tax was expense of Rs 2898.25 crore, compared to Rs
2067.24 crore. Effective tax rate was
22.54% compared to 21.77%.
Minority interest increased 61.19% to Rs
-0.78 crore. Net profit attributable to
owners of the company increased 34.02% to Rs 9,958.04 crore.
Promoters’ stake was 51.52% as of 31 December
2024 ,compared to 51.52% as of 31 December 2023 .
The scrip is currently trading at Rs 167
|
GAIL (India) : Consolidated Results
|
|
Particulars
|
2412 (03)
|
2312 (03)
|
Var.(%)
|
2412 (09)
|
2312 (09)
|
Var.(%)
|
2403 (12)
|
2303 (12)
|
Var.(%)
|
|
Net Sales
(including other operating income)
|
36,834.73
|
34,697.82
|
6
|
1,05,461.40
|
1,00,472.14
|
5
|
1,33,228.46
|
1,45,668.30
|
-9
|
|
OPM (%)
|
8.6
|
12.1
|
|
11.3
|
10.4
|
|
10.7
|
5.1
|
|
|
OP
|
3,169.24
|
4,208.21
|
-25
|
11,896.46
|
10,447.68
|
14
|
14,296.32
|
7,486.20
|
91
|
|
Other Inc.
|
378.06
|
413.94
|
-9
|
875.28
|
771.29
|
13
|
1,007.81
|
1,328.47
|
-24
|
|
PBIDT
|
3,547.30
|
4,622.15
|
-23
|
12,771.74
|
11,218.97
|
14
|
15,304.13
|
8,814.67
|
74
|
|
Interest
|
169.29
|
176.06
|
-4
|
566.23
|
559.73
|
1
|
719.2
|
364.78
|
97
|
|
PBDT
|
3,378.01
|
4,446.09
|
-24
|
12,205.51
|
10,659.24
|
15
|
14,584.93
|
8,449.89
|
73
|
|
Depreciation
|
939.35
|
872.27
|
8
|
3013.52
|
2431.23
|
24
|
3672
|
2701.57
|
36
|
|
PBT
|
2,438.66
|
3,573.82
|
-32
|
9191.99
|
8228.01
|
12
|
10912.93
|
5748.32
|
90
|
|
Share of
Profit/(Loss) from Associates
|
393.35
|
500.95
|
-21
|
1223.49
|
1267.73
|
-3
|
1682.08
|
1508.06
|
12
|
|
PBT before EO
|
2832.01
|
4074.77
|
-31
|
10415.48
|
9495.74
|
10
|
12595.01
|
7256.38
|
74
|
|
EO Income
|
2440.03
|
0
|
-
|
2440.03
|
0
|
-
|
0
|
0
|
-
|
|
PBT after EO
|
5272.04
|
4074.77
|
29
|
12855.51
|
9495.74
|
35
|
12595.01
|
7256.38
|
74
|
|
Taxation
|
1187.8
|
881.43
|
35
|
2898.25
|
2067.24
|
40
|
2692.2
|
1660.49
|
62
|
|
PAT
|
4084.24
|
3193.34
|
28
|
9957.26
|
7428.5
|
34
|
9902.81
|
5595.89
|
77
|
|
Minority
Interest (MI)
|
2.68
|
-1.28
|
PL
|
-0.78
|
-2.01
|
61
|
3.59
|
-20.11
|
PL
|
|
Net profit
|
4081.56
|
3194.62
|
28
|
9958.04
|
7430.51
|
34
|
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)
|
2412 (03)
|
2312 (03)
|
Var.(%)
|
% of (Total)
|
2412 (09)
|
2312 (09)
|
Var.(%)
|
% of (Total)
|
2403 (12)
|
2303 (12)
|
Var.(%)
|
|
Sales
|
|
|
|
|
|
Natural Gas
|
6
|
2,753.81
|
2,675.18
|
3
|
6
|
8,462.76
|
7,913.54
|
7
|
6
|
10,288.82
|
6,661.07
|
54
|
|
LPG
|
1
|
245.91
|
183.88
|
34
|
0
|
611.23
|
545.98
|
12
|
0
|
731.87
|
721.62
|
1
|
|
Natural Gas
Trading
|
78
|
37,307.67
|
32,464.19
|
15
|
77
|
1,02,578.19
|
95,910.17
|
7
|
78
|
1,27,433.96
|
1,59,067.91
|
-20
|
|
Petrochemicals
|
4
|
2,070.47
|
2,050.15
|
1
|
4
|
5,877.94
|
5,497.10
|
7
|
5
|
7,753.41
|
4,917.26
|
58
|
|
LPG and Liquid
Hydrocarbons
|
3
|
1,561.32
|
1,296.38
|
20
|
3
|
4,028.14
|
3,649.93
|
10
|
3
|
5,075.83
|
5,569.97
|
-9
|
|
City Gas
Distribution
|
7
|
3,327.78
|
3,389.06
|
-2
|
8
|
9,969.45
|
8,761.52
|
14
|
7
|
11,851.69
|
11,286.69
|
5
|
|
Others
|
1
|
264.5
|
280.77
|
-6
|
1
|
849.53
|
842.86
|
1
|
1
|
1,102.25
|
1,213.56
|
-9
|
|
Total Reported
Sales
|
100
|
47,531.46
|
42,339.61
|
12
|
100
|
1,32,377.24
|
1,23,121.10
|
8
|
100
|
1,64,237.83
|
1,89,438.08
|
-13
|
|
Less: Inter
segment revenues
|
|
10,594.91
|
7,571.84
|
40
|
|
26,637.83
|
22,455.61
|
19
|
|
30,739.21
|
43,564.77
|
-29
|
|
Net Sales
|
|
36,936.55
|
34,767.77
|
6
|
|
1,05,739.41
|
1,00,665.49
|
5
|
|
1,33,498.62
|
1,45,873.31
|
-8
|
|
PBIT
|
|
|
|
|
|
Natural Gas
|
27
|
1,370.29
|
1,218.55
|
12
|
33
|
4,219.97
|
3,541.29
|
19
|
35
|
4,523.74
|
1,919.69
|
136
|
|
LPG
|
3
|
139.97
|
79.41
|
76
|
2
|
306.23
|
241.46
|
27
|
2
|
317.06
|
368.69
|
-14
|
|
Natural Gas
Trading
|
58
|
2,936.45
|
1,891.16
|
55
|
49
|
6,226.22
|
4,659.11
|
34
|
48
|
6,166.76
|
3,228.59
|
91
|
|
Petrochemicals
|
0
|
-3.3
|
54.73
|
PL
|
1
|
93.58
|
-407.96
|
LP
|
1
|
125.45
|
-1,060.85
|
LP
|
|
LPG and Liquid
Hydrocarbons
|
7
|
378.46
|
257.53
|
47
|
7
|
857.25
|
442.94
|
94
|
6
|
769.53
|
1,228.43
|
-37
|
|
City Gas
Distribution
|
4
|
202.19
|
183.67
|
10
|
5
|
595.67
|
410.36
|
45
|
4
|
560.65
|
429.19
|
31
|
|
Others
|
1
|
68.41
|
114.38
|
-40
|
3
|
358.39
|
391.59
|
-8
|
2
|
305.25
|
513.72
|
-41
|
|
Total PBIT
|
100
|
5,092.47
|
3,799.43
|
34
|
100
|
12,657.31
|
9,278.79
|
36
|
100
|
12,768.44
|
6,627.46
|
93
|
|
Less : Interest
|
|
169.29
|
176.06
|
-4
|
|
566.23
|
559.73
|
1
|
|
719.2
|
366.58
|
96
|
|
Add: Other
un-allcoable
|
|
348.86
|
451.4
|
-23
|
|
764.43
|
776.68
|
-2
|
|
545.77
|
995.5
|
-45
|
|
PBT
|
|
5,272.04
|
4,074.77
|
29
|
|
12,855.51
|
9,495.74
|
35
|
|
12,595.01
|
7,256.38
|
74
|
|