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GAIL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 3.8

Stock Code GAIL Market Cap 1,06,882 Cr. Current Price 162 ₹ High / Low 203 ₹
Stock P/E 13.8 Book Value 112 ₹ Dividend Yield 4.62 % ROCE 15.3 %
ROE 14.1 % Face Value 10.0 ₹ DMA 50 169 ₹ DMA 200 177 ₹
Chg in FII Hold 0.35 % Chg in DII Hold -0.12 % PAT Qtr 1,603 Cr. PAT Prev Qtr 2,217 Cr.
RSI 42.0 MACD -1.71 Volume 1,24,41,084 Avg Vol 1Wk 1,57,40,614
Low price 151 ₹ High price 203 ₹ PEG Ratio -4.77 Debt to equity 0.26
52w Index 22.8 % Qtr Profit Var -19.5 % EPS 11.8 ₹ Industry PE 16.0

📊 Core Financials

  • Revenue growth: PAT at 1,603 Cr vs 2,217 Cr in previous quarter, showing -19.5 % decline.
  • Profit margins: EPS at 11.8 ₹, moderate profitability.
  • Debt ratios: Debt-to-equity at 0.26, manageable leverage.
  • Cash flows: Supported by profitability and stable operations.
  • Return metrics: ROCE 15.3 %, ROE 14.1 % — healthy efficiency and shareholder returns.

💹 Valuation Indicators

  • P/E ratio: 13.8, below industry average (16.0), suggests undervaluation.
  • P/B ratio: Current Price / Book Value ≈ 1.45, reasonable relative to assets.
  • PEG ratio: -4.77, not meaningful due to negative growth expectations.
  • Intrinsic value: Appears undervalued compared to peers, supported by dividend yield and stable returns.

🏢 Business Model & Competitive Advantage

  • Operates in natural gas transmission, distribution, and petrochemicals.
  • Strong government backing and strategic importance in India’s energy sector.
  • Competitive advantage through scale, infrastructure, and diversified operations.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: Attractive near 155–165 ₹ levels, close to 52-week low support.
  • Long-term holding: Favorable due to undervaluation, strong dividend yield, and strategic positioning; suitable for conservative investors seeking stable returns.

Positive

  • Strong dividend yield at 4.62 %.
  • P/E ratio (13.8) below industry average, indicating undervaluation.
  • Healthy ROE (14.1 %) and ROCE (15.3 %).
  • FII holdings increased (+0.35 %).

Limitation

  • Quarterly PAT declined (-19.5 %).
  • PEG ratio (-4.77) indicates distorted valuation relative to growth.
  • Stock trading below DMA 50 and DMA 200, showing weak momentum.

Company Negative News

  • DII holdings decreased (-0.12 %).
  • Technical indicators weak: RSI at 42.0, MACD negative.
  • Stock corrected from 52-week high of 203 ₹.

Company Positive News

  • Strong dividend yield supports investor confidence.
  • Institutional support from FII investors.
  • Strategic importance in India’s energy infrastructure.

Industry

  • Energy and natural gas sector supported by government initiatives and rising demand.
  • Industry PE at 16.0, slightly higher than GAIL’s P/E, suggesting undervaluation.

Conclusion

  • GAIL demonstrates stable fundamentals with strong dividend yield and undervaluation compared to peers.
  • Profitability has declined recently, but long-term prospects remain supported by strategic importance in energy infrastructure.
  • Entry advisable near lower support levels; long-term holding recommended for investors seeking stable, dividend-backed returns.

I can also prepare a comparative HTML snapshot against peers like ONGC, Petronet LNG, and Indian Oil to highlight GAIL’s relative valuation and strengths.

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