 |
Results
08-Feb-25
|
|
|
|
|
|
|
|
Analysis
|
|
|
|
Gujarat State Petronet
|
|
OP down 27%
|
|
|
|
|
|
Net sales (including other operating income)
of Gujarat State Petronet has declined 0.65% to Rs 4360.47 crore. Operating profit margin has declined from
17.79% to 13.14%, leading to 26.62% decline in operating profit to Rs 573.15
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 71.67% to 77.39%. Employee cost increased from 1.56% to
1.60%. Other expenses fell from 8.98%
to 7.88%. Other direct service cost
fell from 2.25% to 0.56%.
Other income rose 126.68% to Rs 96.09
crore. PBIDT fell 18.72% to Rs 669.24
crore. Provision for interest rose
21.99% to Rs 9.54 crore.
PBDT fell 19.11% to Rs 659.7 crore. Provision for depreciation rose 6.54% to Rs
179.28 crore.
Profit before tax down 25.78% to Rs 480.42
crore. Provision for tax was expense of
Rs 124.66 crore, compared to Rs 164.53 crore.
Effective tax rate was 27.09% compared to 24.90%.
Minority interest decreased 0.01% to Rs
101.29 crore. Net profit attributable to
owners of the company decreased 40.71% to Rs 234.14 crore.
Promoters’ stake was 37.63% as of 31 December
2024 ,compared to 37.63% as of 31 December 2023 .
For year-to-date
(YTD) results analysis
Net sales (including other operating income)
of Gujarat State Petronet has increased 2.48% to Rs 13079.6 crore. Operating profit margin has declined from
19.06% to 16.18%, leading to 12.97% decline in operating profit to Rs 2,116.68
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 71.07% to 74.82%. Employee cost decreased from 1.60% to
1.57%. Other expenses fell from 8.28%
to 7.44%. Other direct service cost
fell from 1.74% to 0.48%.
Other income rose 88.83% to Rs 241.14
crore. PBIDT fell 7.89% to Rs 2357.82
crore. Provision for interest fell
38.58% to Rs 26.35 crore.
PBDT fell 7.37% to Rs 2331.47 crore. Provision for depreciation rose 7.04% to Rs
529.48 crore.
Profit before tax down 10.89% to Rs 1,801.99
crore. Provision for tax was expense of
Rs 463.29 crore, compared to Rs 514.88 crore.
Effective tax rate was 26.50% compared to 25.29%.
Minority interest increased 17.35% to Rs
394.37 crore. Net profit attributable to
owners of the company decreased 24.80% to Rs 890.78 crore.
Promoters’ stake was 37.63% as of 31 December
2024 ,compared to 37.63% as of 31 December 2023 .
The
scrip is currently trading at Rs 334
|
Gujarat State Petronet :
Consolidated Results
|
|
Particulars
|
2412
(03)
|
2312
(03)
|
Var.(%)
|
2412
(09)
|
2312
(09)
|
Var.(%)
|
2403
(12)
|
2303
(12)
|
Var.(%)
|
|
Net
Sales (including other operating income)
|
4,360.47
|
4,389.08
|
-1
|
13,079.60
|
12,762.64
|
2
|
17,294.84
|
18,116.59
|
-5
|
|
OPM
(%)
|
13.1
|
17.8
|
|
16.2
|
19.1
|
|
19.6
|
20.2
|
|
|
OP
|
573.15
|
781.02
|
-27
|
2,116.68
|
2,432.08
|
-13
|
3,383.00
|
3,653.16
|
-7
|
|
Other
Inc.
|
96.09
|
42.39
|
127
|
241.14
|
127.7
|
89
|
186.48
|
133
|
40
|
|
PBIDT
|
669.24
|
823.41
|
-19
|
2,357.82
|
2,559.78
|
-8
|
3,569.48
|
3,786.16
|
-6
|
|
Interest
|
9.54
|
7.82
|
22
|
26.35
|
42.9
|
-39
|
32.08
|
43.63
|
-26
|
|
PBDT
|
659.7
|
815.59
|
-19
|
2,331.47
|
2,516.88
|
-7
|
3,537.40
|
3,742.53
|
-5
|
|
Depreciation
|
179.28
|
168.28
|
7
|
529.48
|
494.65
|
7
|
663.82
|
620.52
|
7
|
|
PBT
|
480.42
|
647.31
|
-26
|
1801.99
|
2022.23
|
-11
|
2873.58
|
3122.01
|
-8
|
|
Share
of Profit/(Loss) from Associates
|
-20.33
|
13.42
|
PL
|
-53.55
|
13.28
|
PL
|
5.47
|
2.79
|
96
|
|
PBT
before EO
|
460.09
|
660.73
|
-30
|
1748.44
|
2035.51
|
-14
|
2879.05
|
3124.8
|
-8
|
|
EO
Income
|
0
|
0
|
-
|
0
|
0
|
-
|
55.69
|
0
|
-
|
|
PBT
after EO
|
460.09
|
660.73
|
-30
|
1748.44
|
2035.51
|
-14
|
2934.74
|
3124.8
|
-6
|
|
Taxation
|
124.66
|
164.53
|
-24
|
463.29
|
514.88
|
-10
|
751
|
782.79
|
-4
|
|
PAT
|
335.43
|
496.2
|
-32
|
1285.15
|
1520.63
|
-15
|
2183.74
|
2342.01
|
-7
|
|
Minority
Interest (MI)
|
101.29
|
101.3
|
0
|
394.37
|
336.07
|
17
|
524.21
|
700.51
|
-25
|
|
Net
profit
|
234.14
|
394.9
|
-41
|
890.78
|
1184.56
|
-25
|
1659.53
|
1641.5
|
1
|
|
EPS
(Rs)*
|
#
|
#
|
|
#
|
#
|
|
28.9
|
29.1
|
|
|
Notes
|
|
*
EPS is on current equity of Rs 564.21 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
|
|
|
|
|
Previous News |
Gujarat State Petronet consolidated net profit rises 21.97% in the December 2022 quarter
(
Results
-
Announcements
14-Feb-23
07:42
)
|
|
|
Gujarat State Petronet announces board meeting date
(
Corporate News
-
19-Oct-24
10:23
)
|
|
|
Gujarat State Petronet receives affirmation in ratings for bank facilities
(
Corporate News
-
23-Sep-22
18:18
)
|
|
|
Gujarat State Petronet consolidated net profit rises 80.00% in the March 2020 quarter
(
Results
-
Announcements
08-Jun-20
15:59
)
|
|
|
Gujarat State Petronet announces board meeting date
(
Corporate News
-
03-Feb-22
12:13
)
|
|
|
Gujarat State Petronet Ltd Spurts 4.07%, S&P BSE Oil&Gas index Rises 1.22%
(
Hot Pursuit
-
05-Mar-21
09:30
)
|
|
|
Gujarat State Petronet to conduct board meeting
(
Corporate News
-
29-Apr-19
17:05
)
|
|
|
Gujarat State Petronet
(
Results
-
Analysis
15-Nov-13
12:45
)
|
|
|
Gujarat State Petronet to conduct board meeting
(
Corporate News
-
18-Oct-23
12:01
)
|
|
|
Board of Gujarat State Petronet recommends Final Dividend
(
Corporate News
-
08-Jun-20
16:57
)
|
|
|
GSPL appoints Milind Torawane as joint MD
(
Hot Pursuit
-
14-Apr-23
17:19
)
|
|
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|
|
|
|
|
|