Gujarat Gas Co. (Delisted) share price
BSE: 523477
Gujarat Gas Co. Ltd. · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary
Last traded ₹743.10 on 26 May 2015
Delisted on 30 Mar 2016.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Aug 2015
24 Aug · Management
Company has appointed Mr. G. R. Aloria, lAS as the Director and Chairman of the Board of Directors of Gujarat Gas Limited.
Jun 2015
15 Jun · Management
Mr. D. J. Pandian, IAS has resigned as the Chairman of the Company and as Director from the Board of Directors of the Company.
May 2015
21 May · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Gujarat Gas Company Limited shall be suspended w.e.f. May 27, 2015 (i.e closing hours of trading on May 26, 2015) on account of Scheme of Amalgamation with GSPC Distribution Networks Limited (Gujarat Gas Limited).19 May · Corporate action
Company has fixed Record Date as May 28, 2015 for the purpose of determining the names of the shareholders of Gujarat Gas Company Limited the erstwhile Gujarat Gas Financial Services Limited and erstwhile GSPC Gas Company Limited, who would be entitled to receive equity shares of Gujarat Gas Limited (formerly known as GSPC Distribution Networks Limited) for their equity shares held, pursuant to the Scheme .
Results for the quarter to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹545 Cr−29.3% on a year ago · −8.8% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹62 Cr+25.3% on a year ago · −19.2% on the quarter before
- Net margin
- 11.4%
From revenue to net profit, ₹ crore
- Revenue545
- Other income+18
- Finance costs−0.1
- Profit before tax91
- Tax−29
- Net profit62
Gujarat Gas Co. results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2015. Results for the quarter to Jun 2015 were due by 14 Aug 2015, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
Peak revenue ₹836 Cr, quarter to Sep 2012; lowest ₹545 Cr, quarter to Mar 2015
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 418 | 507 | 512 | 529 | 584 | 653 | 650 | 724 | 772 | 836 | 761 | 767 | 751 | 832 | 779 | 771 | 688 | 681 | 598 | 545 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 325 | 417 | 384 | 420 | 445 | 535 | 621 | 647 | 689 | 699 | 652 | 695 | 595 | 645 | 646 | – | – | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 290 | 381 | 338 | 380 | 400 | 490 | 570 | 595 | 634 | – | 604 | 644 | 542 | 596 | 593 | 645 | 511 | 517 | 438 | 410 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | 12 | 13 | 14 | 14 | 17 | 14 | 16 | 15 | 17 | – | 16 | 16 | 18 | 14 | 15 | – | – | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | 23 | 23 | 32 | 26 | 28 | 31 | 35 | 37 | 37 | – | 33 | 35 | 35 | 35 | 39 | – | – | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | 93 | 90 | 128 | 109 | 140 | 118 | 29 | 76 | 83 | 137 | 109 | 72 | 156 | 187 | 133 | – | – | – | – | – |
| Operating margin | 22.2% | 17.8% | 25.1% | 20.5% | 23.9% | 18.0% | 4.5% | 10.5% | 10.8% | 16.4% | 14.3% | 9.4% | 20.8% | 22.5% | 17.1% | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 13 | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 16 | 16 | 18 | 19 | 19 | 19 | 20 | – | – | – | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 5 | 5 | 7 | 10 | 14 | 10 | 21 | 29 | 8 | 19 | 10 | 25 | 13 | 10 | 17 | 21 | 25 | 18 | 17 | 18 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 85 | 81 | 122 | 104 | 139 | 113 | 34 | 89 | 76 | 140 | 100 | 79 | 150 | 178 | 131 | 75 | 139 | 112 | 109 | 91 |
| 27 | 25 | 40 | 32 | 43 | 33 | 10 | 24 | 23 | 40 | 31 | 20 | 48 | 59 | 40 | 26 | 43 | 35 | 32 | 29 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 31.7% | 30.6% | 32.7% | 30.4% | 30.7% | 28.9% | 27.7% | 27.1% | 30.1% | 28.8% | 30.9% | 24.9% | 32.4% | 32.9% | 30.4% | 34.1% | 30.8% | 31.0% | 29.6% | 31.8% |
| Net profit | 58 | 56 | 82 | 72 | 97 | 80 | 25 | 65 | 53 | 99 | 69 | 59 | 101 | 119 | 91 | 49 | 97 | 77 | 77 | 62 |
| Net margin | 13.8% | 11.1% | 16.0% | 13.7% | 16.5% | 12.3% | 3.8% | 9.0% | 6.9% | 11.9% | 9.1% | 7.7% | 13.5% | 14.4% | 11.7% | 6.4% | 14.0% | 11.3% | 12.8% | 11.4% |
Earnings per share in rupees, restated for later splits and bonuses.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December, then March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹3,092 Cr, year to Dec 2012; lowest ₹1,194 Cr, year to Dec 2007
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
The company moved its year end from December to March: its last year to December on record ended in Dec 2012, its first year to March in Mar 2015.
Results for the year to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue2,512
- Other income+78
- Finance costs−0.2
- Profit before tax451
- Tax−139
- Net profit312
Profit and loss
Standalone, ₹ crore, years to December, then March. No results on record for the year to Mar 2014.
| ₹ crore | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,194 | 1,296 | 1,418 | 1,846 | 2,416 | 3,092 | – | 2,512 |
| 942 | 1,064 | 1,139 | 1,433 | 2,021 | 2,687 | – | – | |
| Materials and goods bought | 830 | 934 | 1,003 | 1,287 | 1,840 | 2,484 | – | 1,876 |
| Employee costs | 31 | 41 | 45 | 50 | 60 | 64 | – | – |
| Other expenses | 81 | 89 | 91 | 97 | 121 | 140 | – | – |
| Operating profit before depreciation | 253 | 232 | 278 | 413 | 395 | 405 | – | – |
| Operating margin | 21.2% | 17.9% | 19.6% | 22.4% | 16.4% | 13.1% | – | – |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | 69.5% | 72.0% | 70.8% | 69.7% | 76.1% | 80.3% | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | 2.6% | 3.2% | 3.2% | 2.7% | 2.5% | 2.1% | – | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | 6.8% | 6.9% | 6.4% | 5.2% | 5.0% | 4.5% | – | – |
| Depreciation and amortisation | 37 | 40 | 46 | 53 | 59 | 65 | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 216 | 192 | 232 | 360 | 336 | 340 | – | – |
| Other income | 20 | 39 | 25 | 22 | 54 | 65 | – | 78 |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | – | 0 |
| Profit before tax | 236 | 231 | 257 | 381 | 390 | 405 | – | 451 |
| 77 | 72 | 82 | 122 | 116 | 118 | – | 139 | |
| Net profit | 159 | 159 | 175 | 259 | 274 | 287 | – | 312 |
| Net margin | 13.3% | 12.2% | 12.4% | 14.0% | 11.3% | 9.3% | – | 12.4% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2015: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to December, then March.
| Ratio | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | – | 8.5% | 9.3% | 30.2% | 30.9% | 28.0% | – | – |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | −8.2% | 20.0% | 48.5% | −4.4% | 2.5% | – | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | – | −0.2% | 10.3% | 47.7% | 5.9% | 4.7% | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 1,165.7 | 1,725.9 | 1,708.1 | 780.0 | 2,254.9 | 2,150.1 | – | – |
Accounting checks
Standalone, years to December, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 31.15 | 31.95 | 32.11 | 29.81 | 29.19 | – | 30.75 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Where the return came from
Yearly rates to Mar 2015, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +139.6% | – | – | 0.0% |
| 3 years | +17.1% | – | – | 0.0% |
| 5 years | +17.2% | – | – | 0.0% |
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 and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.
Gujarat Gas Co. share price by year
Each calendar year to 2015.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2015 | 743.10 | −2.2% | 849.50 | 572.20 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2015 close is its last trade, on 26 May 2015.
Recent sessions
The 10 trading days to 26 May 2015, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 26 May 2015 | 766.90 | 775.00 | 738.75 | 743.10 | 754.89 | 4,46,015 |
| 25 May 2015 | 771.95 | 803.85 | 750.05 | 760.45 | 779.98 | 8,89,438 |
| 22 May 2015 | 796.80 | 800.50 | 770.00 | 772.10 | 781.19 | 2,58,717 |
| 21 May 2015 | 823.80 | 823.80 | 788.00 | 791.90 | 802.60 | 5,56,014 |
| 20 May 2015 | 834.60 | 839.90 | 811.10 | 816.05 | 823.60 | 3,08,731 |
| 19 May 2015 | 834.00 | 848.90 | 821.95 | 827.90 | 835.54 | 4,87,724 |
| 18 May 2015 | 843.95 | 853.80 | 832.50 | 838.75 | 840.26 | 4,81,950 |
| 15 May 2015 | 837.15 | 853.05 | 827.25 | 830.85 | 839.18 | 5,39,844 |
| 14 May 2015 | 822.00 | 848.90 | 811.95 | 828.60 | 835.81 | 8,71,808 |
| 13 May 2015 | 839.40 | 860.00 | 811.50 | 821.25 | 834.54 | 20,15,266 |
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.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 17 Sep 2009 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
| 15 May 2007 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- BSE code
- 523477
- ISIN
- INE374A01029
- Former symbols
- GUJRATGAS
- Website
- www.gujaratgas.com
- CIN
- L23203GJ1980PLC003623
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1980
- Registered office
- 2, Shantisadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad 380006, Gujarat
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments