GAIL INDIA LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 208 INR | +0.02% |
|
+3.02% | +28.35% |
| 27/03 | Gail (India) Aims to Commission Green Hydrogen Project in India | MT |
| 26/03 | India's GAIL to commission its first green hydrogen project in April, sources say | RE |
Valuation
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,83,975 | 3,45,251 | 6,01,672 | 6,91,146 | 6,91,372 | 13,67,949 | - | - |
| Enterprise Value (EV) 1 | 8,22,956 | 3,91,330 | 6,43,710 | 7,33,824 | 8,30,440 | 15,20,793 | 15,30,258 | 15,32,520 |
| P/E ratio | 13 x | 5.21 x | 12.5 x | 6.67 x | 13.1 x | 14.4 x | 13.8 x | 13 x |
| Yield | 2.31% | 9.52% | 3.69% | 6.42% | 4.76% | 2.95% | 3.18% | 3.13% |
| Capitalization / Revenue | 1.04 x | 0.48 x | 1.06 x | 0.75 x | 0.48 x | 1.03 x | 0.99 x | 0.94 x |
| EV / Revenue | 1.1 x | 0.54 x | 1.13 x | 0.8 x | 0.58 x | 1.14 x | 1.11 x | 1.05 x |
| EV / EBITDA | 8.61 x | 4.68 x | 9.99 x | 5.31 x | 12.4 x | 11.2 x | 10.7 x | 10 x |
| EV / FCF | 129 x | 27.4 x | 20.9 x | 24.4 x | -18 x | 21.6 x | 33 x | 26.3 x |
| FCF Yield | 0.77% | 3.64% | 4.78% | 4.09% | -5.55% | 4.63% | 3.03% | 3.81% |
| Price to Book | 1.78 x | 0.79 x | 1.29 x | 1.24 x | 1.24 x | 2.19 x | 2.01 x | 1.84 x |
| Nbr of stocks (in thousands) | 67,65,213 | 67,65,213 | 66,60,578 | 66,60,578 | 65,75,100 | 65,75,100 | - | - |
| Reference price 2 | 115.9 | 51.03 | 90.33 | 103.8 | 105.2 | 208.0 | 208.0 | 208.0 |
| Announcement Date | 27/05/19 | 24/06/20 | 09/06/21 | 27/05/22 | 18/05/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,51,268 | 7,18,764 | 5,67,378 | 9,16,457 | 14,43,016 | 13,33,928 | 13,78,788 | 14,57,461 |
| EBITDA 1 | 95,551 | 83,694 | 64,451 | 1,38,290 | 66,989 | 1,35,664 | 1,43,043 | 1,52,698 |
| EBIT 1 | 80,049 | 65,334 | 45,372 | 1,17,179 | 42,108 | 1,04,788 | 1,09,413 | 1,14,676 |
| Operating Margin | 10.66% | 9.09% | 8% | 12.79% | 2.92% | 7.86% | 7.94% | 7.87% |
| Earnings before Tax (EBT) 1 | 90,848 | 79,434 | 63,858 | 1,35,903 | 65,838 | 1,21,174 | 1,27,346 | 1,34,979 |
| Net income 1 | 60,257 | 66,206 | 48,902 | 1,03,640 | 53,015 | 96,147 | 98,771 | 1,04,811 |
| Net margin | 8.02% | 9.21% | 8.62% | 11.31% | 3.67% | 7.21% | 7.16% | 7.19% |
| EPS 2 | 8.907 | 9.787 | 7.233 | 15.56 | 8.040 | 14.44 | 15.03 | 16.03 |
| Free Cash Flow 1 | 6,372 | 14,261 | 30,740 | 30,039 | -46,111 | 70,423 | 46,429 | 58,346 |
| FCF margin | 0.85% | 1.98% | 5.42% | 3.28% | -3.2% | 5.28% | 3.37% | 4% |
| FCF Conversion (EBITDA) | 6.67% | 17.04% | 47.69% | 21.72% | - | 51.91% | 32.46% | 38.21% |
| FCF Conversion (Net income) | 10.57% | 21.54% | 62.86% | 28.98% | - | 73.24% | 47.01% | 55.67% |
| Dividend per Share 2 | 2.673 | 4.860 | 3.333 | 6.667 | 5.000 | 6.132 | 6.612 | 6.502 |
| Announcement Date | 27/05/19 | 24/06/20 | 09/06/21 | 27/05/22 | 18/05/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,63,525 | 2,57,319 | 1,54,568 | 1,55,491 | 1,73,866 | 2,15,153 | - | 2,57,756 | 2,69,682 | 3,75,721 | 3,84,909 | 3,53,804 | 3,28,582 | 3,22,275 | 3,40,534 | 3,53,606 | 3,32,274 |
| EBITDA 1 | 38,216 | 19,608 | 19,195 | 25,648 | 24,113 | 34,751 | 58,864 | 42,281 | 37,145 | 43,657 | 17,647 | 2,613 | 3,072 | 24,327 | 24,985 | 33,356 | 37,710 |
| EBIT 1 | 29,756 | 10,182 | 14,300 | 20,890 | 19,027 | 29,507 | - | 36,960 | 31,685 | 37,627 | 11,453 | -3,612 | -3,360 | 17,969 | 17,238 | 29,535 | 28,021 |
| Operating Margin | 8.19% | 3.96% | 9.25% | 13.44% | 10.94% | 13.71% | - | 14.34% | 11.75% | 10.01% | 2.98% | -1.02% | -1.02% | 5.58% | 5.06% | 8.35% | 8.43% |
| Earnings before Tax (EBT) 1 | 35,160 | - | 18,677 | 26,116 | 20,537 | 36,823 | - | 43,084 | 35,459 | 38,944 | 18,759 | 2,227 | 5,909 | 18,887 | 22,967 | 31,850 | 37,944 |
| Net income 1 | 23,518 | 14,952 | 14,873 | 19,077 | 15,299 | 28,630 | - | 32,880 | 26,831 | 29,152 | 15,371 | 2,457 | 6,035 | 14,120 | 17,789 | 22,361 | 28,070 |
| Net margin | 6.47% | 5.81% | 9.62% | 12.27% | 8.8% | 13.31% | - | 12.76% | 9.95% | 7.76% | 3.99% | 0.69% | 1.84% | 4.38% | 5.22% | 6.32% | 8.45% |
| EPS 2 | 3.473 | 2.213 | 2.200 | 2.827 | 2.300 | 4.300 | - | 4.933 | 4.027 | 4.380 | 2.340 | 0.3700 | 0.9200 | 2.150 | 2.600 | 3.300 | 4.120 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 08/11/19 | 10/11/20 | 10/02/21 | 09/06/21 | 05/08/21 | 29/10/21 | 29/10/21 | 03/02/22 | 27/05/22 | 04/08/22 | 04/11/22 | 30/01/23 | 18/05/23 | 31/07/23 | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 38,981 | 46,079 | 42,038 | 42,678 | 1,39,068 | 1,52,844 | 1,62,308 | 1,64,571 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.408 x | 0.5506 x | 0.6522 x | 0.3086 x | 2.076 x | 1.127 x | 1.135 x | 1.078 x |
| Free Cash Flow 1 | 6,372 | 14,261 | 30,740 | 30,039 | -46,111 | 70,423 | 46,429 | 58,346 |
| ROE (net income / shareholders' equity) | 14.3% | 15% | 10.8% | 20.3% | 9.53% | 15.7% | 14.7% | 14.5% |
| ROA (Net income/ Total Assets) | 9.84% | 9.96% | 6.9% | 13% | 5.81% | 9.16% | 8.82% | 8.81% |
| Assets 1 | 6,12,303 | 6,64,562 | 7,09,225 | 7,96,379 | 9,12,355 | 10,49,526 | 11,19,412 | 11,89,174 |
| Book Value Per Share 2 | 65.20 | 65.00 | 70.00 | 83.50 | 84.60 | 95.20 | 104.0 | 113.0 |
| Cash Flow per Share 2 | 23.30 | 10.20 | 11.90 | 13.40 | 4.260 | 20.80 | 15.80 | 17.10 |
| Capex 1 | 72,392 | 54,620 | 49,899 | 59,511 | 74,191 | 89,484 | 88,213 | 85,273 |
| Capex / Sales | 9.64% | 7.6% | 8.79% | 6.49% | 5.14% | 6.71% | 6.4% | 5.85% |
| Announcement Date | 27/05/19 | 24/06/20 | 09/06/21 | 27/05/22 | 18/05/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +28.35% | 16.4B | |
| +0.89% | 17.64B | |
| -6.96% | 12.12B | |
| +10.84% | 9.16B | |
| +16.20% | 8.89B | |
| +3.56% | 7.48B | |
| -2.58% | 6.96B | |
| +8.30% | 6.51B | |
| +7.30% | 4.96B | |
| -5.97% | 5.03B |
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