Gail (India) Ltd

The upgrade follows expectations of an impending tariff hike, after the Petroleum and Natural Gas Regulatory Board (PNGRB) released a consultation paper to review the piped gas tariff structure. The PNGRB recently launched a portal inviting feedback from stakeholders, including industry participants and subject matter experts, to refine the regulatory framework. The process aims to develop Model Revenue Sharing Contracts and bring greater legal clarity to the energy sector. Stakeholders can submit their comments until 1 May 2025. GAIL is expected to provide its response to the PNGRB by 15 May 2025. The company has proposed a revised tariff of Rs 77.43 per MMBtu, higher than the current applicable rate. The foreign brokerage anticipates a 20'25% tariff increase, which may be discussed in PNGRB's June board meeting. Citing the initiation of the tariff review process, the brokerage raised its earnings per share (EPS) estimates for GAIL by 9% for FY26 and 19% for FY27. A final decision on the tariff revision is expected within the next three months. GAIL (India) is India's leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc. It owns and operates a network of natural gas pipelines spread across the length and breadth of country. On a consolidated basis, GAIL (India)'s net profit rose 27.76% to Rs 4081.56 crore while net sales rose 6.16% to Rs 36834.73 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

GAIL (India) has completed laying of over 97.6 % of the integrated Jagdishpur - Haldia - Bokaro - Dhamra Pipeline (JHBDPL), popularly known as 'Pradhan Mantri Urja Ganga', carrying Natural Gas to Eastern and North-Eastern part of India. Of this, almost 96.6 % has been put under commercial operations. The integrated JHBDPL including Barauni - Guwahati Pipeline having an authorized pipeline length of 3,306 km passes through Uttar Pradesh, Bihar, Jharkhand, Odisha, West Bengal and Assam. Presently, 3,227 km of pipeline section has been laid and 3,119 km of Pipeline Section including Phulpur - Dobhi - Bokaro - Durgapur, Bokaro - Angul - Dhamra, Dobhi - Barauni - Guwahati Pipeline sections have already been put under commercial operation. The pipeline is presently transporting 12.26 Million Standard Cubic Meter Per Day (MMSCMD) of Natural Gas including supplies to four fertilizer plants, two refineries (Barauni and Paradip refineries), industrial consumers and 32 City Gas Distribution (CGD) networks including Varanasi, Patna, Ranchi, Jamshedpur, Bhubaneshwar, Cuttack, Kolkata etc. along pipeline route. With respect to Durgapur - Haldia Section (294 km), GAIL has already put 132 km of Pipeline section upto Kolkata under commercial operation. Further out of balance 162 km of pipeline section to Haldia, 103 km of pipeline laying has been completed. GAIL is also laying Dhamra - Haldia Section having an authorized pipeline length of 240 km of which GAIL has already laid 198 km of pipeline. Due to limited availability of Right of Use (RoU), the completion of Durgapur - Haldia Section and Dhamra - Haldia Section of JHBDPL expansion is being extended from March 2025 to December 2025. With the completion of balance section of Durgapur - Haldia and Dhamra - Haldia Pipeline, GAIL will transport Natural Gas to Haldia refinery, CGD Howrah, Hooghly, Purba Medinipur, Paschim Medinipur and other industrial consumers along the pipeline route.Powered by Capital Market - Live

GAIL (India) announced the incorporation of a wholly owned subsidiary named, GAIL Global IFSC on 07 April 2025 to undertake Global/Regional Corporate Treasury Centres activities and/or Ship Leasing activities.Powered by Capital Market - Live

GAIL (India) Ltd fell for a fifth straight session today. The stock is quoting at Rs 152.12, down 1.25% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 22065.45. The Sensex is at 72927.14, down 0.22%.GAIL (India) Ltd has eased around 15.25% in last one month.Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has eased around 9.75% in last one month and is currently quoting at 30007.05, up 0.29% on the day. The volume in the stock stood at 75.56 lakh shares today, compared to the daily average of 138.7 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 152.92, down 1.39% on the day. GAIL (India) Ltd tumbled 21.63% in last one year as compared to a 1.3% slide in NIFTY and a 25.96% fall in the Nifty Energy index.The PE of the stock is 10.58 based on TTM earnings ending December 24.Powered by Capital Market - Live

GAIL (India) and Accelera' by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], have signed a Memorandum of Understanding (MoU) to collaborate broadly in sustainable, green energy and energy transition technologies in India. The MoU was signed yesterday at the ongoing India Energy Week 2025 here. The collaboration will leverage Accelera's expertise in New Energy businesses and GAIL's established Natural Gas infrastructure to explore opportunities in New Energy Businesses such as hydrogen production, blending, transportation and storage. GAIL has already advanced its Scope 1 and Scope 2 'Net Zero' Targets from 2040 to 2035. The MOU will help in exploring opportunities in areas such as application and adoption of hydrogen in various sectors such as transport, power, steel and other industry as mono fuel or dual feed such as LNG / Hydrogen/ CNG and blends, blending of hydrogen in natural gas pipeline, Infrastructure, production, transportation and storage of hydrogen. Powered by Capital Market - Live

GAIL (India) Ltd fell for a fifth straight session today. The stock is quoting at Rs 159.75, down 1.2% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 23104.35. The Sensex is at 76395.31, up 0.13%.GAIL (India) Ltd has eased around 7.2% in last one month.Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has eased around 3.87% in last one month and is currently quoting at 31436.75, down 0.25% on the day. The volume in the stock stood at 136.27 lakh shares today, compared to the daily average of 142.69 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 160.37, down 1.27% on the day. GAIL (India) Ltd tumbled 6.22% in last one year as compared to a 6.26% rally in NIFTY and a 18.32% fall in the Nifty Energy index.The PE of the stock is 11.11 based on TTM earnings ending December 24.Powered by Capital Market - Live

GAIL (India) Ltd lost 4.15% today to trade at Rs 171.1. The BSE Oil & Gas index is down 1.01% to quote at 24987.2. The index is down 6.67 % over last one month. Among the other constituents of the index, Oil & Natural Gas Corpn Ltd decreased 2.54% and Reliance Industries Ltd lost 0.78% on the day. The BSE Oil & Gas index went down 12.62 % over last one year compared to the 9.32% surge in benchmark SENSEX. GAIL (India) Ltd has lost 10.21% over last one month compared to 6.67% fall in BSE Oil & Gas index and 0.08% drop in the SENSEX. On the BSE, 87518 shares were traded in the counter so far compared with average daily volumes of 5.04 lakh shares in the past one month. The stock hit a record high of Rs 246.35 on 31 Jul 2024. The stock hit a 52-week low of Rs 163.35 on 28 Jan 2025.Powered by Capital Market - Live

Net profit of GAIL (India) rose 27.76% to Rs 4081.56 crore in the quarter ended December 2024 as against Rs 3194.62 crore during the previous quarter ended December 2023. Sales rose 6.16% to Rs 36834.73 crore in the quarter ended December 2024 as against Rs 34697.82 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales36834.7334697.82 6 OPM %8.6012.13 - PBDT3771.364947.04 -24 PBT2832.014074.77 -30 NP4081.563194.62 28 Powered by Capital Market - Live

GAIL (India) announced that the Board of Directors of the Company at its meeting held on 30 January 2025, inter alia, have recommended the interim dividend of Rs 6.5 per equity Share (i.e. 65%) , subject to the approval of the shareholders.Powered by Capital Market - Live

GAIL (India) has fixed 07 February 2025 as record date for interim dividend of Rs 6.50 per share for FY 2024-25. Powered by Capital Market - Live