GUJARAT STATE PETRO LTD (GSPL) financials

GUJARAT STATE PETRO LTD (GSPL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Gujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013.Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and gener…

Market Cap: ₹15,141Cr.
Current Price: ₹268
Stock P/E: 21.3
ROE: 7.67%
ROCE: 9.60%
Book Value: ₹195
Dividend Yield: 0.00%
52W High / Low: ₹324/226

In Dec 2025, GUJARAT STATE PETRO LTD (GSPL) reported sales ₹272 Cr and net profit ₹114 Cr.

Annual TTM: sales ₹1,068 Cr, net profit ₹710 Cr.

Shareholding: Promoters 37.63% (Mar 2026), FIIs 15.54% (Mar 2026), DIIs 25.36% (Mar 2026), Government 2.13% (Mar 2026), Public 19.35% (Mar 2026).

GSPL quarterly results (₹ Cr.)
Category	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	507	354	258	260	238	284	274	272
Expenses	129	53	65	68	113	82	101	107
Operating Profit	378	301	193	193	125	202	173	166
OPM %	75%	85%	75%	74%	52%	71%	63%	61%
Other Income	30	33	294	41	36	43	306	43
Interest	2	1	1	1	5	1	1	1
Depreciation	49	49	51	51	52	54	55	55
Profit before tax	357	284	435	182	104	191	424	153
Tax %	27%	25%	10%	25%	32%	25%	10%	25%
Net Profit	261	212	389	136	71	142	382	114
EPS in Rs	4.63	3.76	6.90	2.40	1.25	2.53	6.78	2.03
Raw PDF	—	—	—	—	—	—	—	—

GSPL profit and loss (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,877	2,363	2,079	2,020	1,762	2,032	1,111	1,068
Expenses	334	789	612	620	503	527	300	402
Operating Profit	1,543	1,574	1,467	1,400	1,259	1,504	811	666
OPM %	82%	67%	71%	69%	71%	74%	73%	62%
Other Income	59	65	69	133	168	335	404	429
Interest	219	164	93	31	5	5	8	8
Depreciation	180	195	203	196	194	192	204	216
Profit before tax	1,203	1,280	1,240	1,306	1,229	1,642	1,003	871
Tax %	34%	13%	25%	23%	23%	22%	20%	—
Net Profit	795	1,109	924	1,010	945	1,285	808	710
EPS in Rs	14.09	19.65	16.38	17.90	16.75	22.77	14.31	12.59
Dividend Payout %	14%	10%	12%	11%	30%	22%	35%	—

GSPL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	564	564	564	564	564	564	564	564
Reserves	5,180	6,158	6,981	7,879	8,709	9,706	10,219	10,462
Borrowings	2,366	1,630	1,030	95	8	8	6	5
Other Liabilities	840	750	797	802	807	802	1,204	1,419
Total Liabilities	8,950	9,103	9,373	9,340	10,088	11,081	11,992	12,450
Fixed Assets	3,608	3,586	3,467	3,325	3,155	3,035	3,565	3,465
CWIP	419	237	222	253	426	762	282	302
Investments	4,277	4,611	5,006	5,174	5,170	5,330	5,339	5,381
Other Assets	646	669	678	588	1,337	1,954	2,807	3,303
Total Assets	8,950	9,103	9,373	9,340	10,088	11,081	11,992	12,450

GSPL cash flows (₹ Cr.)
Category	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	894	1,088	1,360	1,241	1,075	966	1,172	938
Cash from Investing Activity	-3,174	-8	-310	-438	-4	-702	-1,016	-621
Cash from Financing Activity	2,286	-1,033	-1,030	-809	-1,082	-203	-284	-284
Net Cash Flow	7	48	20	-6	-11	62	-127	33
Free Cash Flow	605	872	1,253	1,129	995	768	756	714
CFO/OP	105%	94%	106%	105%	99%	99%	101%	140%

GSPL shareholding pattern (%)
Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	37.63%	37.63%	37.63%	37.63%	37.63%	37.63%	37.63%	37.63%
FIIs	15.84%	15.21%	14.67%	14.75%	15.11%	15.47%	15.49%	15.54%
DIIs	23.57%	24.87%	25.80%	25.79%	25.70%	25.21%	25.08%	25.36%
Government	2.01%	10.00%	2.02%	2.01%	2.01%	2.01%	2.13%	2.13%
Public	20.95%	12.29%	19.89%	19.82%	19.55%	19.68%	19.68%	19.35%
No. of Shareholders	2,39,948	2,18,803	2,07,355	2,08,446	1,99,501	1,95,924	1,89,852	1,84,832

GSPL key ratios
Category	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	34	40	25	28	23	30	25	36
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	34	40	25	28	23	30	25	36
Working Capital Days	-361	-188	-150	-104	-0	51	196	36
ROCE %	16%	18%	18%	16%	15%	14%	17%	10%

GSPLUpdated 13 Oct 2026, 5:29

Gujarat State Petro Ltd

GSPLUpdated 13 Oct 2026, 5:29

Market Cap

₹15,141Cr.

Current Price

₹268

High / Low

₹324/226

Stock P/E

21.3

ROE7.67%

ROCE9.60%

Book Value₹195

Face Value₹10.0

Dividend Yield0.00%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Dec 2022	402	1	132	13	49	233	27	171	3.03
Mar 2023	443	1	148	48	48	293	23	224	3.98
Jun 2023	441	1	105	18	47	307	25	229	4.06
Sep 2023	529	1	119	266	48	628	15	532	9.43
Dec 2023	554	1	175	21	49	351	25	262	4.65
Mar 2024	507	2	129	30	49	357	27	261	4.63
Jun 2024	354	1	53	33	49	284	25	212	3.76
Sep 2024	258	1	65	294	51	435	10	389	6.9
Dec 2024	260	1	68	41	51	182	25	136	2.4
Mar 2025	238	5	113	36	52	104	32	71	1.25
Jun 2025	284	1	82	43	54	191	25	142	2.53
Sep 2025	274	1	101	306	55	424	10	382	6.78
Dec 2025	272	1	107	43	55	153	25	114	2.03

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2014	1051	142	122	55	184	658	36	419	7.45
Mar 2015	1065	118	136	39	189	660	38	410	7.29
Mar 2016	992	80	126	66	183	669	33	445	7.91
Mar 2017	1028	60	139	88	179	738	33	497	8.81
Mar 2018	1332	35	184	73	175	1011	34	668	11.86
Mar 2019	1877	219	334	59	180	1203	34	795	14.09
Mar 2020	2363	164	789	65	195	1280	13	1109	19.65
Mar 2021	2079	93	612	69	203	1240	25	924	16.38
Mar 2022	2020	31	620	133	196	1306	23	1010	17.9
Mar 2023	1762	5	503	168	194	1229	23	945	16.75
Mar 2024	2032	5	527	335	192	1642	22	1285	22.77
Mar 2025	1111	8	300	404	204	1003	20	808	14.31
TTM	1068	8	402	429	216	871	—	710	12.59

Shareholding pattern

As of Mar 2026%

Holder	Share
Promoters	37.63%
FIIs	15.54%
DIIs	25.36%
Government	2.13%
Public	19.35%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Jun 2023	37.63%	16.55%	25.2%	2.01%	18.62%
Sep 2023	37.63%	16%	25.17%	2.01%	19.19%
Dec 2023	37.63%	16.03%	24.77%	2.01%	19.56%
Mar 2024	37.63%	15.67%	24.74%	2.01%	19.95%
Jun 2024	37.63%	15.84%	23.57%	2.01%	20.95%
Sep 2024	37.63%	15.21%	24.87%	10%	12.29%
Dec 2024	37.63%	14.67%	25.8%	2.02%	19.89%
Mar 2025	37.63%	14.75%	25.79%	2.01%	19.82%
Jun 2025	37.63%	15.11%	25.7%	2.01%	19.55%
Sep 2025	37.63%	15.47%	25.21%	2.01%	19.68%
Dec 2025	37.63%	15.49%	25.08%	2.13%	19.68%
Mar 2026	37.63%	15.54%	25.36%	2.13%	19.35%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2014	563	2732	1429	679	5403	3159	656	585	1002	5403
Mar 2015	563	3060	1157	760	5540	3065	776	649	1050	5540
Mar 2016	563	3506	1067	710	5846	3123	768	731	1224	5846
Mar 2017	564	3932	631	707	5833	3166	686	766	1216	5833
Mar 2018	564	4501	3058	826	8949	3114	896	4181	757	8949
Mar 2019	564	5180	2366	840	8950	3608	419	4277	646	8950
Mar 2020	564	6158	1630	750	9103	3586	237	4611	669	9103
Mar 2021	564	6981	1030	797	9373	3467	222	5006	678	9373
Mar 2022	564	7879	95	802	9340	3325	253	5174	588	9340
Mar 2023	564	8709	8	807	10088	3155	426	5170	1337	10088
Mar 2024	564	9706	8	802	11081	3035	762	5330	1954	11081
Mar 2025	564	10219	6	1204	11992	3565	282	5339	2807	11992
Sep 2025	564	10462	5	1419	12450	3465	302	5381	3303	12450

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2014	645	-646	-407	-408
Mar 2015	627	-152	-474	1
Mar 2016	603	-321	-297	-15
Mar 2017	944	-368	-637	-61
Mar 2018	894	-3174	2286	7
Mar 2019	1088	-8	-1033	48
Mar 2020	1360	-310	-1030	20
Mar 2021	1241	-438	-809	-6
Mar 2022	1075	-4	-1082	-11
Mar 2023	966	-702	-203	62
Mar 2024	1172	-1016	-284	-127
Mar 2025	938	-621	-284	33

Key ratios

Historical financial ratios

Category	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	86	52	56	42	34	40	25	28	23	30	25	36
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	86	52	56	42	34	40	25	28	23	30	25	36
Working Capital Days	-89	-81	-57	-17	-361	-188	-150	-104	-0	51	196	36
ROCE %	17%	17%	15%	16%	16%	18%	18%	16%	15%	14%	17%	10%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GUJARAT STATE PETRO LTD (GSPL)?

The reported market capitalisation for GUJARAT STATE PETRO LTD (GSPL) is ₹15,141Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GSPL?

The current price shown for GUJARAT STATE PETRO LTD (GSPL) on Fincrux is ₹268 with a 52-week high/low of ₹324/226.

What is the P/E ratio of GUJARAT STATE PETRO LTD (GSPL)?

The stock P/E for GUJARAT STATE PETRO LTD (GSPL) is 21.3 on Fincrux, with ROE at 7.67% and ROCE at 9.60%.

What were GSPL latest quarterly results?

For Dec 2025, GUJARAT STATE PETRO LTD (GSPL) reported sales ₹272 Cr and net profit ₹114 Cr (figures in ₹ crore unless noted).

What are GSPL annual sales and net profit?

For TTM, GUJARAT STATE PETRO LTD (GSPL) shows sales of ₹1,068 Cr and net profit of ₹710 Cr on the Fincrux profit & loss statement.

Who owns GUJARAT STATE PETRO LTD (GSPL)?

Latest shareholding for GUJARAT STATE PETRO LTD (GSPL) on Fincrux: Promoters 37.63% (Mar 2026), FIIs 15.54% (Mar 2026), DIIs 25.36% (Mar 2026), Government 2.13% (Mar 2026), Public 19.35% (Mar 2026).

Where can I find GUJARAT STATE PETRO LTD (GSPL) financials?

GUJARAT STATE PETRO LTD (GSPL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GSPL balance sheet and cash flow?

Yes. The GUJARAT STATE PETRO LTD (GSPL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 5:29