AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Scheme of Arrangement 1 May - Composite scheme effective 1 May 2026; GSPC, GSPL and GEL amalgamated into Gujarat Gas, gas transmission business demerged to GTL.
Source: Bse
Gujarat State Petronet Limited (GSPL)
Large CapEnergy stocks · Large cap · NSE
Gujarat State Petronet Limited operates in Gas Transmission, within the Energy sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityUse with cautionQuote updated 11 May, 03:59 pm ISTDetails
Quote11 May, 03:59 pm IST
Base fundamentals20 Sept 2026 · screener
Latest result26 Apr, 11:04 pm IST
Score20 Sept, 04:30 am IST · v4.3-runtime-valuation
Tags20 Sept 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Energy P/E 11.4 (n=18)
Technical timing lens
Trend score and candlestick chart
42NeutralSMA20 +9.8% / mo · MACD + · sector -4.3pp vs Nifty 500 (3M)
Stock trend: 53
Sector RS: 25
Sector 3M: -9.9% vs Nifty 500 -5.6%
Energy FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GSPLD candles · FIT view-10.8%Latest close ₹268.35 on 2026-05-11
Bar
-6.7%
RSI
45
MACD hist
0.42
52W pos
43%
2026-05-11O ₹287.55H ₹290.00L ₹257.15C ₹268.35Vol 80.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GSPLNifty EnergyNifty 500
- GSPL
- -13.9%
- Nifty 500
- -3.7%
- Nifty Energy
- +9.5%
- Vs Nifty 500
- -10.2 pp
Chart stats
11 May 2026- From 52W high
- -22.9%
- 52W range position
- 35%
- ATR (14)
- 4.2%
- Volume vs 20D
- 3.33x
- Avg traded value
- ₹75.5 Cr
- 20D price channel
- ₹235.1 - ₹301.2
₹348
₹226.4 - ₹348
₹11.4
Latest completed session
20-session average
46.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST34
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
pending—
No classified quarterly result is available yet.
Technical
Neutral42
Price trend and sector-relative-strength timing.
Valuation
Legacy model-237.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarterly result analysis pending
No classified quarterly result is available yet. Financial-history charts below may still contain upstream data.
Fundamentals
Valuation
- P/E
- 14.40
- P/B
- 1.26
- EV/EBITDA
- 4.71
- Market Cap
- 15141.00Cr
Profitability
- ROE
- 9.89%
- ROCE
- 15.20%
- ROA
- 7.23%
- Dividend Y
- 1.86%
Growth (CAGR)
- Revenue 5Y
- 7.00%
- EPS 5Y
- -8.00%
- Revenue 3Y
- -1.00%
- EPS 3Y
- -12.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 67.73×
- Altman Z
- 2.95
- Book Value
- 212.00
Cash Flow
- FCF Yield
- 3.96%
- FCF Positive Y
- 9/5
- OCF
- 2741.00 Cr
- EPS TTM
- 18.65
Shareholding
- Promoter Hold
- 37.63%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 40%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 17.4k+0.4% vs prev
Net Profit
₹ CrLatest: 1,637-25.0% vs prev
Return on Equity
%Latest: 14.1-30.3% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 45. Wait for confirmation.
- SMA20 rising (~8.9% over last month) — short-term momentum positive.
- RSI(14) at 45 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 17% off 52W high · 19% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation9/30
Growth4/25
Quality0/20
Balance Sheet10/15
Cash Flow6/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
34
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
34/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 4.0%.
- Piotroski is strong at 7/9.
- Balance sheet contributes 10/15 to the score.
Main drags
- Fair-value margin of safety is negative at -237.0%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 4/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
14.4
PB
1.3
EV/EBITDA
4.7
ROE
9.9%
ROCE
15.2%
FCF Yield
4.0%
Debt/Equity
0.0
MoS
-237.0%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Sept 2026
v4.3-runtime-valuation
Final score
34
Previous: 34
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-237.0%
Previous: -237.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Sept 2026
v4.3-runtime-valuation
34
35
34
34
34
34
34
34
34
34
34
34
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹298.26
+10.0% MoS
Growth-justified P/E
4.3
Growth-justified Value
₹79.64
-237.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Energy — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MINDACORP
Large
Minda Corporation Limited
Auto Components
match 13
44
39.2
14.7%
+22%
WATCHLIST
RKFORGE
Large
Ramkrishna Forgings Limited
Auto Components
match 12
29
112.0
2.5%
-202%
OVERVALUED
CEATLTD
Large
CEAT Limited
Auto Components
match 12
48
23.3
16.1%
+17%
FAIR VALUE
ELECON
Large
Elecon Engineering Company Limited
Industrial Machinery
match 10
47
34.7
16.4%
-7%
FAIR VALUE
BELRISE
Large
Belrise Industries Limited
Auto Components
match 9
31
44.1
12.6%
-4%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Gujarat State Petronet Limited operates in Gas Transmission, within the Energy sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed does not yet contain a classified quarter. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
66Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 49th percentile of the scored universe and 5th percentile within Energy. Main check: results consistency is weak at 22/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Sept 2026
management-trust-v1
22 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Energy: 5th pctile, median 73 · Large: 26th pctile, median 73
Evidence depth
Financial-only
22 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
50
watch · capital discipline
Results
22
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4%.
- ▸9 years of positive FCF.
- ▸Debt/equity is 0.01.
Trust risks
- ▸ROCE trend is -5.8%.
- ▸1/4 latest quarters had positive YoY revenue growth.
- ▸1/4 latest quarters had positive YoY PAT growth.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Gujarat State Petronet Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementMay 2026
May 2026 · Compliances-Reg.24(A)-Annual Secretarial Compliance 30 Apr - Annual Secretarial Compliance Report for the year ended 31.03.2026
Source: Bse
Annual report
Annual Report 2025 from bse
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.