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GAIL (India) Ltd.
- 393.10 INR
- +5.85
- +1.51%
India
Aug 17, 2018Ticker
BOM(532155)Prev. close
387.25Market cap (INR)
873,276MMarket cap (USD)
12,422.80MShares
2,255.07M
In the news
- Nikkei Asia300 ends week lower amid geopolitical and trade tensions May 25, 2018
- GAIL India profit jumps after impairment charges hurt year-earlier finances May 24, 2018
- India shares rebound as fall in US bond yields boosts risk asset demand May 24, 2018
- US shale-based LNG gushes into Asia May 22, 2018
- Indian shares rebound with Asia amid report of US-China trade talks Mar 26, 2018 See more articles on GAIL (India) Ltd.
Company Background
GAIL is India's largest natural gas provider. It is 56% owned by the government. The company is part of a consortium involved in two offshore exploration and production blocks in Myanmar. It also holds a participating interest in South East Asia Gas Pipeline, which is involved in a project for transporting gas from the blocks to China.
B.C. Tripathi has been GAIL's chairman and managing director since August 2009. He joined the company in 1984 following a brief stint at another state-run company, ONGC. Tripathi has been involved in several key gas pipeline projects. His tenure as chairman and managing director had been slated to end in July 2014, but the government gave him a five-year extension.
GAIL was established under the Ministry of Petroleum and Natural Gas in August 1984, when the country's gas industry was in its infancy. The aim was to create the necessary infrastructure for sustained development of natural gas. Originally called Gas Authority of India, the company was renamed GAIL (India) in November 2002. It now has 12 joint ventures and five subsidiaries, including operations in Singapore and the U.S. for pursuing overseas opportunities in such areas as liquefied natural gas and petrochemical trading.
Business Summary
Financial Highlights
| Mar 2018 | INR | USD |
| Revenue | 544,963.50M | 8,453.49M |
| Gross Profit | 107,958.30M | 1,674.65M |
| Operating income | 62,521.30M | 969.83M |
| Income before tax | 69,231.90M | 1,073.92M |
| Net income | 47,943.60M | 743.70M |
| EBITDA | 77,790.20M | 1,206.68M |
| Diluted EPS | 21.28 | 0.33 |
| Dividends Per Share | 7.17 | 0.11 |
| Total Assets | 613,341.40M | 9,403.94M |
| Total liabilities | 196,166.50M | 3,007.68M |
| Total equity | 416,785.70M | 6,390.29M |
| Operating cash flow | -- | -- |
| Currency in INR | Currency in USD |
Historical Data
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
| Revenue | 614,897.50M | 603,681.40M | 520,525.10M | 485,720.10M | 544,963.50M |
| Gross Profit | 76,372.20M | 54,526.90M | 43,984.40M | 63,349.10M | 107,958.30M |
| Operating income | 61,083.10M | 42,045.70M | 34,096.50M | 54,993.40M | 62,521.30M |
| Income before tax | 69,224.20M | 44,923.60M | 29,488.80M | 57,573M | 69,231.90M |
| Net income | 47,862.20M | 31,600.50M | 18,692.20M | 33,681.60M | 47,943.60M |
| EBITDA | 77,469.10M | 56,310.50M | 48,972M | 70,351.30M | 77,790.20M |
| Diluted EPS | 21.22 | 14.01 | 6.21 | 14.93 | 21.28 |
| Dividends Per Share | 5.85 | 3.37 | 3.09 | 6.80 | 7.17 |
| Total Assets | 738,774.50M | 759,570.50M | 590,375.90M | 592,190.70M | 613,341.40M |
| Total liabilities | 396,617.20M | 401,760.80M | 226,069.30M | 198,811.80M | 196,166.50M |
| Total equity | 324,569.50M | 340,226.70M | 364,034.20M | 393,048.90M | 416,785.70M |
| Operating cash flow | 40,254.60M | 34,254.20M | 38,812.30M | 63,586.90M | -- |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
| Revenue | 10,174.65M | 9,873.19M | 7,950.48M | 7,243.38M | 8,453.49M |
| Gross Profit | 1,263.72M | 891.78M | 671.81M | 944.70M | 1,674.65M |
| Operating income | 1,010.73M | 687.65M | 520.78M | 820.09M | 969.83M |
| Income before tax | 1,145.44M | 734.72M | 450.41M | 858.56M | 1,073.92M |
| Net income | 791.97M | 516.82M | 285.50M | 502.28M | 743.70M |
| EBITDA | 1,281.87M | 920.95M | 747.99M | 1,049.12M | 1,206.68M |
| Diluted EPS | 0.35 | 0.22 | 0.09 | 0.22 | 0.33 |
| Dividends Per Share | 0.09 | 0.05 | 0.04 | 0.10 | 0.11 |
| Total Assets | 12,370.12M | 12,137.34M | 8,915.03M | 9,119.74M | 9,403.94M |
| Total liabilities | 6,641.00M | 6,419.82M | 3,413.78M | 3,061.70M | 3,007.68M |
| Total equity | 5,434.62M | 5,436.55M | 5,497.13M | 6,052.95M | 6,390.29M |
| Operating cash flow | 666.08M | 560.22M | 592.81M | 948.25M | -- |
Valuation Measures
| Mar 2018 | |
| PER | 15.44 |
| ROA | 7.95% |
| ROE | 11.84% |
| Operating margin | 11.47% |
| Profit margin | 8.79% |
Key executives
- Chairman & Managing Director: Bhuwan Chandra Tripathi
- Chief Financial Officer & Executive Director: Subir Purkayastha
- Secretary & Compliance Officer: Anil Kumar Jha
- Director & Director-Human Resources: P. K. Gupta
- Director & Marketing Director: Gajendra Singh
Shareholders
- Government of India (53.0%)
- Oil & Natural Gas Corp. Ltd. (4.8%)
- Life Insurance Corp. of India (3.5%)
- HDFC Asset Management Co. Ltd. (Invt Mgmt) (3.1%)
- ICICI Prudential Asset Management Co. Ltd. (2.8%)
- Indian Oil Corp. Ltd. (2.4%)
- Reliance Nippon Life Asset Management Ltd. (Invt Mgmt) (1.4%)
- Matthews International Capital Management LLC (1.3%)
- Norges Bank Investment Management (1.1%)
- BlackRock Fund Advisors (0.9%)
Contact Details
- Website:http://www.gailonline.com
- Address: 16, Bhikaiji Cama Place, R. K. Puram, New Delhi, 110066, India
- Phone: +91.11.26172580
Related Companies
- Carrizo Oil & Gas, Inc. /Eagle Ford Shale Assets/
- Gail Global (USA) LNG LLC
- Gail Global (USA), Inc.
- Gail Gas Ltd.
- Gail Global Singapore Pte Ltd.
Competitors
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