GAIL (India) logo

GAIL (India) share price

NSE: GAILBSE: 532155GasLarge Cap

GAIL (India) Limited · Formerly Gas Authority of India · Face value ₹10 · Listed Apr 1997 on NSE, May 1997 on BSE
Last close ₹164.78down ₹0.90 (0.54%)BSE ₹165.00

Share price at the NSE close on 28 Oct 2026. Previous close ₹165.68.

28 Oct: open ₹166.58, high ₹167.50, low ₹164.31

52-week range of traded prices to 28 Oct 2026
₹134.36Low, 23 Mar 2026₹186.87High, 27 Nov 2025
Market cap
₹1,08,344 Cr100th largest listed
P/E
10.97
P/B
1.22
Dividend yield
3.34%
ROE
11.4%
ROCE
10.2%
Debt to equity
0.22
Volume, NSE
38,48,613

GAIL (India) share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−7.7%over a year

ResultsDividend20-session average 77,71,677 shares a day, 63.1% delivered

About GAIL (India)

GAIL (India) Limited is a state-controlled natural gas company in India.1 It buys and sells natural gas, trades liquefied natural gas (LNG) in the international market, carries gas and liquefied petroleum gas (LPG) through its pipelines, and makes polymers (plastic raw materials), LPG and other liquid hydrocarbons.123 Its customers include fertiliser makers, power plants, city gas distributors and other industries.2

It reports its results in 5 segments: natural gas and LPG transmission, natural gas marketing, petrochemicals, LPG and other liquid hydrocarbons, and other businesses, which include city gas distribution, oil and gas exploration and production, compressed biogas and power generation.42 Its natural gas pipelines run through 20 states and 3 union territories.5 Its major plants are the petrochemical complex at Pata in Uttar Pradesh, LPG recovery plants at Vijaipur in Madhya Pradesh and Vaghodia in Gujarat, and an LPG recovery project at Gandhar in Gujarat.6 It holds interests in 10 oil and gas blocks, 8 in India and 2 in Myanmar, in shale gas acreage in Texas, United States, and in city gas companies in Egypt and China.78

It was incorporated on 16 August 1984.9 Its shares are listed on BSE and the National Stock Exchange, and its global depository receipts on the London Stock Exchange.9

The Government of India held 51.52% of the company at the end of March 2026.1 Its group includes the wholly owned city gas company GAIL Gas Limited and holdings in Indraprastha Gas, Mahanagar Gas and the LNG terminal company Petronet LNG.1011

GAIL (India) key points

Results

  • In the quarter to Jun 2026, consolidated turnover was ₹41,277 crore and EBITDA (earnings before interest, tax, depreciation and amortisation) ₹7,573 crore, against ₹35,499 crore and ₹2,703 crore in the quarter to Mar 2026.12
  • Consolidated profit after tax attributable to shareholders (excluding minority interest) was ₹4,665 crore, against ₹1,485 crore in the quarter to Mar 2026.13
  • On a standalone basis, revenue from operations was ₹1,38,697 crore in the year to Mar 2026 and profit after tax ₹6,968 crore, against ₹1,37,288 crore and ₹11,312 crore a year earlier.14
  • Standalone profit before tax was ₹8,964 crore, against ₹14,825 crore, mainly because of a one-time ₹2,440 crore settlement a year earlier, about ₹1,400 crore higher petrochemical gas cost and an about ₹675 crore provision for unpaid dues, the company says.15

Market position

  • The company puts its share of India's domestic gas market at about 48%, and its pipelines carry 67% of the natural gas transported in India.1617
  • It supplied about 45% of the gas used by India's gas-based power plants in the year to Mar 2026, and supplies gas to 31 of the country's 36 urea plants.18

Business segments

  • Share of the company's turnover by product or service19
    Itemyear to Mar 2026
    Natural gas trading82%
    Natural gas and LPG transmission8%
    Petrochemicals5%
    Liquid hydrocarbons3%
    Wind and solar power and others2%
  • Gas sold by customer group2021
    Itemyear to Mar 2026
    Fertiliser makers33%
    City gas distribution29%
    Other industries16%
    Overseas13%
    Power plants9%
    Gas sales were 104.21 million standard cubic metres a day (MMSCMD), against 101.49 MMSCMD a year earlier.
  • Transmission. Its pipelines carried 122.18 MMSCMD of gas in the year to Mar 2026, and its LPG pipelines a record 4.60 million tonnes a year (MMTPA), against 4.478 MMTPA a year earlier.2223
  • Petrochemicals. Polymer sales were about 785 KTA (kilotonnes a year) in the year to Mar 2026. Gas diverted to priority users cut polymer output to 51 kilotonnes in the quarter to Jun 2026, and the petrochemicals segment lost ₹130 crore.2425

Plants and capacity

  • At the end of March 2026 it had about 18,700 km of natural gas pipelines, with about 1,500 km more under construction, and 2,040 km of LPG pipelines.2627
  • It holds an LNG supply portfolio of 16.5 MMTPA and, through Konkan LNG Limited, is the commercial operator of the 5 MMTPA Dabhol LNG terminal in Maharashtra, which can run at that capacity once an air heating system under construction is complete.2829
  • Group companies hold city gas licences for 72 of India's 307 geographical areas, serving about 109 lakh homes with piped gas and running more than 3,400 CNG (compressed natural gas) stations.30

Expansion and capital spending

  • On its earnings call of 31 Jul 2026, the company said it expects capital spending of about ₹11,500 crore in the year to Mar 2027, after ₹6,176 crore in the quarter to Jun 2026.31
  • The company stated in its annual report for the year to Mar 2026 that it is building a 500 KTA propane dehydrogenation (propane to propylene) and polypropylene plant at Usar, Maharashtra, India's first using that process, targeted for commissioning in the year to Mar 2028.32
  • On its earnings call of 31 Jul 2026, the company said the Usar propane dehydrogenation and polypropylene plant would take 6 to 7 months longer and may be completed by December 2027.33
  • The company stated in its annual report for the year to Mar 2026 that it proposes 2 urea plants, in Maharashtra and Chhattisgarh, each planned with 1.27 MMTPA of urea for an estimated investment of ₹21,000 crore; a consultant is preparing the report.34

What the company expects

  • On its earnings call of 31 Jul 2026, the company said it expects gas marketing profit before tax of about ₹4,500 crore in the year to Mar 2027, after ₹3,353 crore in the quarter to Jun 2026.3536

Recent events

  • On 31 Jul 2026 the board approved a scheme to merge Konkan LNG Limited into the company; Konkan LNG had become wholly owned on 6 Jul 2026.373839
  • On 14 Jul 2026 the company received authorisation for 3 LPG pipelines, Jhansi-Sitarganj, Cherlapally-Nagpur and Shikarpur-Hubli-Goa, over 1,800 km in total, with estimated investment of about ₹6,700 crore over 3 years.40

Litigation and regulatory matters

  • The company has appealed to the Supreme Court against a ₹2,889 crore excise demand, including interest and penalty, over how it classified naphtha; as of Mar 2026 the appeal was pending, with a stay granted by the court.41
  • As of Mar 2026, some customers had filed counter-claims of ₹36,152 crore over ship-or-pay charges (fees for booked capacity left unused) and gas not supplied; the company, which has issued ship-or-pay claim letters of ₹1,744.84 crore, expects no probable outflow.42

Last updated

All 42 sources, each with its page
  1. 1. Annual report, 5 Aug 2026, page 235
  2. 2. Annual report, 5 Aug 2026, page 131
  3. 3. Annual report, 5 Aug 2026, page 55
  4. 4. Annual report, 5 Aug 2026, page 289
  5. 5. Annual report, 5 Aug 2026, page 80
  6. 6. Annual report, 5 Aug 2026, page 108
  7. 7. Annual report, 5 Aug 2026, page 56
  8. 8. Annual report, 5 Aug 2026, page 60
  9. 9. Annual report, 5 Aug 2026, page 342
  10. 10. Annual report, 5 Aug 2026, page 57
  11. 11. Annual report, 5 Aug 2026, page 61
  12. 12. Earnings call, 31 Jul 2026, page 2
  13. 13. Earnings call, 31 Jul 2026, page 2
  14. 14. Annual report, 5 Aug 2026, page 76
  15. 15. Annual report, 5 Aug 2026, page 76
  16. 16. Annual report, 5 Aug 2026, page 55
  17. 17. Annual report, 5 Aug 2026, page 80
  18. 18. Annual report, 5 Aug 2026, page 55
  19. 19. Annual report, 5 Aug 2026, page 131
  20. 20. Annual report, 5 Aug 2026, page 131
  21. 21. Annual report, 5 Aug 2026, page 55
  22. 22. Annual report, 5 Aug 2026, page 34
  23. 23. Annual report, 5 Aug 2026, page 55
  24. 24. Annual report, 5 Aug 2026, page 56
  25. 25. Earnings call, 31 Jul 2026, page 3
  26. 26. Annual report, 5 Aug 2026, page 78
  27. 27. Annual report, 5 Aug 2026, page 55
  28. 28. Earnings call, 31 Jul 2026, page 5
  29. 29. Annual report, 5 Aug 2026, page 80
  30. 30. Annual report, 5 Aug 2026, page 57
  31. 31. Earnings call, 31 Jul 2026, page 4
  32. 32. Annual report, 5 Aug 2026, page 60
  33. 33. Earnings call, 31 Jul 2026, page 6
  34. 34. Annual report, 5 Aug 2026, page 82
  35. 35. Earnings call, 31 Jul 2026, page 3
  36. 36. Earnings call, 31 Jul 2026, page 8
  37. 37. Exchange filing, 31 Jul 2026, page 1
  38. 38. Exchange filing, 31 Jul 2026, page 2
  39. 39. Earnings call, 31 Jul 2026, page 2
  40. 40. Earnings call, 31 Jul 2026, page 2
  41. 41. Annual report, 5 Aug 2026, page 270
  42. 42. Annual report, 5 Aug 2026, page 385

Results

Consolidated; ₹ crore.GAIL (India) quarterly results

Revenue growth, 12 months
+3.6%
Net profit growth, 12 months
−15.1%

Quarter to Jun 2026, against the quarter before

Revenue
₹41,350 Crup 15.81%
Net profit
₹4,671 Crup 215.30%
Net margin
11.3%

Revenue by quarter

₹33,981 CrSep 24₹36,937 CrDec 24₹36,551 CrMar 25₹35,429 CrJun 25₹35,657 CrSep 25₹35,303 CrDec 25₹35,705 CrMar 26₹41,350 CrJun 26
Peak revenue ₹41,350 Cr, quarter to Jun 2026; lowest ₹33,981 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹2,690 CrSep 24₹4,084 CrDec 24₹2,506 CrMar 25₹2,382 CrJun 25₹1,989 CrSep 25₹1,729 CrDec 25₹1,481 CrMar 26₹4,671 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue33,98136,93736,55135,42935,65735,30335,70541,350
Net profit2,6904,0842,5062,3821,9891,7291,4814,671
Net margin7.9%11.1%6.9%6.7%5.6%4.9%4.1%11.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Natural Gas Transmission/Marketing₹1,55,919 Cr87.9%
  • Petrochemicals₹7,574 Crdown 6.35%4.3%
  • City Gas₹7,401 Crup 22.26%4.2%
  • LPG and Liquid Hydrocarbons₹4,293 Crdown 17.12%2.4%
  • LPG Transmission₹916 Cr0.5%
  • Other Segment₹1,238 Cr0.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.GAIL (India) PE ratio and valuation

Price to earnings

At or below today's level on 38% of 2,478 trading days over the last 10 years.

LowestHighest
Its median12.45Industry median14.54
Price to book

At or below today's level on 40% of 1,861 trading days since Nov 2018.

LowestHighest
Its median1.26Industry median1.66
Dividend yield

At or below today's level on 54% of 2,476 trading days over the last 10 years.

LowestHighest
Its median3.26%Industry median1.73%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−20.8%−39.1%+23.5%4.0%
3 years+13.1%+10.6%−1.1%3.7%
5 years+13.1%+4.9%+3.7%4.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Shareholding

Per cent of all the company's shares, counting those held against depositary receipts traded abroad, from the filing for Sep 2026.GAIL (India) shareholding pattern

Shareholding by group

  • Promoters51.52%
  • Foreign institutions16.48%
  • Indian institutions17.87%
  • Governments7.46%
  • Individuals and others6.03%
  • Depositary receipts0.64%
Holder
PRESIDENT OF INDIAPromoter51.52%
LICI ANNUITY NON-PARInsurance companies8.53%
OIL AND NATURAL GAS CORPORATION LIMITEDGovernment-promoted companies4.97%
INDIAN OIL CORPORATION LIMITEDGovernment-promoted companies2.48%
NPS TR AC ICICI PENSION FUND SCHEME E - TIER IProvident and pension funds1.51%
T. ROWE PRICE EMERGING MARKETS DISCOVERY STOCK TRUSTForeign portfolio investors, category I1.30%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +1.57 pts, Indian institutions −1.23 pts, mutual funds −1.33 pts.

Mutual fund holdings

195 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 125 of the 140 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 195 funds holding GAIL (India)

Bought for the first time
3
Bought again
7
Added
87
Cut
53
Held unchanged
44
Sold out
11
Fund
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund6,15,13,7882.33%₹1,049.1 Cr
SBI Mutual Fund logoSBI Balanced Advantage FundSBI Mutual Fund6,04,05,6182.54%₹1,030.2 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund4,90,63,6370.82%₹836.8 Cr
SBI Mutual Fund logoSBI Energy Opportunities FundSBI Mutual Fund3,74,34,8198.01%₹638.5 Cr
SBI Mutual Fund logoSBI PSU FundSBI Mutual Fund2,55,90,0006.87%₹436.4 Cr
SBI Mutual Fund logoSBI Multi Asset Allocation FundSBI Mutual Fund2,33,50,2971.89%₹398.2 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund1,93,12,0000.44%₹329.4 Cr
ICICI Prudential Mutual Fund logoBharat 22 ETFICICI Prudential Mutual Fund1,54,39,1752.77%₹263.5 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life PSU Equity FundAditya Birla Sun Life Mutual Fund1,30,91,5563.87%₹223.3 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Next 50 Index FundICICI Prudential Mutual Fund1,07,57,3481.88%₹183.5 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.GAIL (India) insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

GAIL (India) competitors and peers

Gas, 12 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to GAIL (India) in market cap.Oil and gas companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Adani Total Gas logoAdani Total GasATGL58,67591.4011.33+24.0%+2.6%13.3%12.5%0.05%
Petronet LNG logoPetronet LNGPETRONET42,73510.161.92−24.8%+13.4%20.0%21.9%3.51%
Aegis Logistics logoAegis LogisticsAEGISLOG41,52031.176.24+19.7%+85.8%21.1%14.9%0.57%
Gujarat Energy logoGujarat EnergyGUJENERGY19,909––+42.0%–––4.19%
Indraprastha Gas logoIndraprastha GasIGL19,69214.501.71+9.8%−18.5%12.3%9.5%3.38%
Mahanagar Gas logoMahanagar GasMGL10,39914.541.62+11.3%−33.1%11.6%13.5%2.85%
GSPL Transmission logoGSPL TransmissionGSPLTRANS3,679––––––0.00%
Confidence Petroleum India logoConfidence Petroleum IndiaCONFIPET2,28417.001.61+72.5%–9.8%11.5%0.15%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.GAIL (India) dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.3Mar 172.4Mar 182.7Mar 194.3Mar 203.3Mar 216.7Mar 224Mar 235.5Mar 247.5Mar 255.5Mar 26
Highest ₹7.50 a share, year to Mar 2025.
Ex-dateTypePer share
2 Sep 2026Final₹0.50
5 Feb 2026Interim₹5.00
4 Aug 2025Final₹1.00
7 Feb 2025Interim₹6.50
6 Feb 2024Interim₹5.50
21 Mar 2023Interim₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.GAIL (India) announcements

GAIL (India) share price by year

Each calendar year to 2025.GAIL (India) share price history

YearClose at year endChangeHighest closeLowest close
2025172.16−9.9%200.09153.17
2024190.98+17.8%240.97157.20
2023162.10+68.8%162.1092.80
202296.05+11.5%113.3384.80
202186.13+4.8%112.2382.43
202082.17+1.8%87.7746.27
201980.70−32.8%120.8774.03
2018120.10−3.9%131.27103.17
2017124.91+51.7%127.8081.59
201682.35+17.1%84.2357.02
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026168.50169.85165.68165.68167.281,23,32,06072.3%
26 Oct 2026163.96168.28162.22168.28165.6854,71,77155.9%
23 Oct 2026167.37167.65160.70163.96162.8449,63,84348.4%
22 Oct 2026166.00168.49165.45168.49166.7856,84,96558.1%
21 Oct 2026167.32168.56164.78167.20166.6855,70,94758.0%
19 Oct 2026168.51169.30166.50167.30167.5731,79,08260.1%
16 Oct 2026169.00169.48166.65168.10168.1189,27,21365.3%
15 Oct 2026166.96170.10165.87169.35168.6376,04,16655.9%
14 Oct 2026168.00168.25166.00166.96167.111,37,97,11669.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
6 Sep 2022Bonus0.6667Holders received 1 bonus share for every 2 held.
9 Jul 2019Bonus0.5000Holders received 1 bonus share for every 1 held.
27 Mar 2018Bonus0.7500Holders received 1 bonus share for every 3 held.
9 Mar 2017Bonus0.7500Holders received 1 bonus share for every 3 held.
6 Oct 2008Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson and managing director
Deepak Gupta
At the end of the quarter to Sep 2026
NSE symbol
GAIL
BSE code
532155
ISIN
INE129A01019
Industry
Gas
CIN
L40200DL1984GOI018976
Corporate identity number, the registrar of companies' code for it
Incorporated
1984
Registered office
16, Bhikaji Cama Place, New Delhi 110066, Delhi
Share registrar
MCS Share Transfer Agent Ltd
Keeps the register of shareholders and handles transfers and dividend payments