Welcome to our new website
As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world.
GAIL (India) Ltd.
- 338.50 INR
- +8.60
- +2.61%
India
Apr 20, 2018Ticker
BOM(532155)Prev. close
329.90Market cap (INR)
743,947.93MMarket cap (USD)
11,265.75MShares
2,255.07M
In the news
- Indian shares rebound with Asia amid report of US-China trade talks Mar 26, 2018
- India stocks decline, dragged by fuel retailers Mar 19, 2018
- GAIL India third-quarter profit rises 28% on rising natural gas sales Feb 12, 2018
- Indian stocks extend gains tracking Asia equity rally Jan 23, 2018
- Indian shares hit record highs as banks rally Jan 17, 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 2017 | INR | USD |
| Revenue | 485,720.10M | 7,243.38M |
| Gross Profit | 63,349.10M | 944.70M |
| Operating income | 54,993.40M | 820.09M |
| Income before tax | 57,573M | 858.56M |
| Net income | 33,681.60M | 502.28M |
| EBITDA | 70,351.30M | 1,049.12M |
| Diluted EPS | 14.93 | 0.22 |
| Dividends Per Share | 6.80 | 0.10 |
| Total Assets | 592,190.70M | 9,119.74M |
| Total liabilities | 198,811.80M | 3,061.70M |
| Total equity | 393,048.90M | 6,052.95M |
| Operating cash flow | 63,586.90M | 948.25M |
| Currency in INR | Currency in USD |
Historical Data
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
| Revenue | 507,720M | 614,897.50M | 603,681.40M | 520,525.10M | 485,720.10M |
| Gross Profit | 73,294.90M | 76,372.20M | 54,526.90M | 43,984.40M | 63,349.10M |
| Operating income | 63,078.10M | 61,083.10M | 42,045.70M | 34,096.50M | 54,993.40M |
| Income before tax | 65,578.50M | 69,224.20M | 44,923.60M | 29,488.80M | 57,573M |
| Net income | 43,736M | 47,862.20M | 31,600.50M | 18,692.20M | 33,681.60M |
| EBITDA | 76,261M | 77,469.10M | 56,310.50M | 48,972M | 70,351.30M |
| Diluted EPS | 19.39 | 21.22 | 14.01 | 6.21 | 14.93 |
| Dividends Per Share | 5.40 | 5.85 | 3.37 | 3.09 | 6.80 |
| Total Assets | 661,507.80M | 738,774.50M | 759,570.50M | 590,375.90M | 592,190.70M |
| Total liabilities | 358,995M | 396,617.20M | 401,760.80M | 226,069.30M | 198,811.80M |
| Total equity | 287,946.60M | 324,569.50M | 340,226.70M | 364,034.20M | 393,048.90M |
| Operating cash flow | 62,239.70M | 40,254.60M | 34,254.20M | 38,812.30M | 63,586.90M |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
| Revenue | 9,328.72M | 10,174.65M | 9,873.19M | 7,950.48M | 7,243.38M |
| Gross Profit | 1,346.70M | 1,263.72M | 891.78M | 671.81M | 944.70M |
| Operating income | 1,158.98M | 1,010.73M | 687.65M | 520.78M | 820.09M |
| Income before tax | 1,204.92M | 1,145.44M | 734.72M | 450.41M | 858.56M |
| Net income | 803.59M | 791.97M | 516.82M | 285.50M | 502.28M |
| EBITDA | 1,401.20M | 1,281.87M | 920.95M | 747.99M | 1,049.12M |
| Diluted EPS | 0.35 | 0.35 | 0.22 | 0.09 | 0.22 |
| Dividends Per Share | 0.09 | 0.09 | 0.05 | 0.04 | 0.10 |
| Total Assets | 12,171.25M | 12,370.12M | 12,137.34M | 8,915.03M | 9,119.74M |
| Total liabilities | 6,605.24M | 6,641.00M | 6,419.82M | 3,413.78M | 3,061.70M |
| Total equity | 5,298.00M | 5,434.62M | 5,436.55M | 5,497.13M | 6,052.95M |
| Operating cash flow | 1,143.57M | 666.08M | 560.22M | 592.81M | 948.25M |
Valuation Measures
| Mar 2017 | |
| PER | 18.90 |
| ROA | 5.69% |
| ROE | 8.89% |
| Operating margin | 11.32% |
| Profit margin | 6.93% |
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 (53.5%)
- Oil & Natural Gas Corp. Ltd. (4.8%)
- HDFC Asset Management Co. Ltd. (Invt Mgmt) (3.2%)
- Indian Oil Corp. Ltd. (2.4%)
- ICICI Prudential Asset Management Co. Ltd. (2.1%)
- Life Insurance Corp. of India (2.0%)
- Matthews International Capital Management LLC (1.3%)
- Reliance Nippon Life Asset Management Ltd. (Invt Mgmt) (1.2%)
- Norges Bank Investment Management (1.2%)
- 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
Copyright © 2018 FactSet Research Systems Inc. All rights reserved.
Last Updated on 20 Apr, 2018You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month
You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month
Your full access to the Nikkei Asian Review has expired
