Gujarat Gas: Performance accelerates - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Gujarat Gas: Performance accelerates

Aug 1, 2000

Gujarat Gas has reported an excellent performance for the 2QFY00. The company continues to build assets to become a major player in the gas transmission and distribution business.

(Rs m) 2QFY99 2QFY00 Change
Sales 516 697 35.1%
Other Income 23 27 18.3%
Expenditure 387 457 18.1%
Operating Profit (EBDIT) 129 241 86.0%
Operating Profit Margin (%) 25.1% 34.5%  
Interest 15 27 77.4%
Depreciation 26 28 11.0%
Profit before Tax 111 212 90.5%
Tax 23 59  
Profit after Tax/(Loss) 89 154 73.6%
Net profit margin (%) 17.2% 22.0%  
No. of Shares (eoy) 13 13  
Earnings per share* 27.6 48.0  

The most impressive aspect of its performance has been the increase in OPM. Margins have improved substantially, which has boosted profits handsomely.

The company is trading at a multiple of 9 on 2QFY00 annualised earnings. Historically, it has traded at a two year average P/E of 13.

Equitymaster requests your view! Post a comment on "Gujarat Gas: Performance accelerates". Click here!


More Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

How the 8-Year Cycle Can Help Identify Multibaggers (Fast Profits Daily)

Sep 11, 2020

This is how you can apply the greed and fear cycle in the market to pick stocks.

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

This Could Be the Best September for Auto Stocks (Profit Hunter)

Sep 11, 2020

Here's why I think this month could be a great for auto stocks.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...


Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms


May 26, 2015 (Close)


  • Track your investment in GUJARAT GAS COMPANY with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks