Loading current stock analysis…
Loading current stock analysis…
India
As of 18 Sept 2026, 03:30 pm
Between March 2019 and March 2020, GAIL's total assets increased from ₹68,426 crore to ₹74,934 crore, while total liabilities also increased from ₹68,426 crore to ₹74,934 crore. Key changes include an increase in Borrowings from ₹2,224 crore to ₹6,912 crore, and an increase in Equity Capital from ₹2,255 crore to ₹4,510 crore. Fixed Assets grew from ₹32,700 crore to ₹38,230 crore, while CWIP (Capital Work-in-Progress) rose from ₹9,738 crore to ₹11,666 crore. Investments decreased from ₹10,722 crore to ₹9,893 crore.
In the fiscal year ending March 2020, GAIL reported Cash from Operating Activity of ₹8,345 crore, an increase from ₹7,984 crore in March 2019. Cash from Investing Activity was a outflow of ₹8,299 crore in March 2020, compared to an outflow of ₹5,701 crore in March 2019. Cash from Financing Activity was an inflow of ₹281 crore in March 2020, a significant change from an outflow of ₹3,364 crore in March 2019. Free Cash Flow turned negative at -₹890 crore in March 2020, from a positive ₹443 crore in March 2019. Net Cash Flow was positive at ₹328 crore in March 2020, compared to a negative ₹1,081 crore in March 2019.
GAIL (India) has received approval from the PNGRB to transfer six city gas distribution areas to its subsidiary, Gail Gas. This move is a step towards Gail Gas proceeding with its initial public offering (IPO), through which it plans to raise ₹3,000 crore. The subsidiary aims to list its shares by the end of the current financial year, at which point GAIL India will dilute a minority stake.
On September 18, 2026, GAIL announced the appointment of Shri Manoj Kumar Sharma as Director (Projects), effective from his assumption of charge until April 30, 2031. On September 9, 2026, the Comptroller & Auditor General of India appointed M/s Ravi Rajan & Co. LLP and M/s Arun K Agarwal & Associates as Joint Statutory Auditors for the financial year 2026-2027. GAIL also informed about upcoming investor meetings on September 14, 2026, for an 'Asia Energy Security Field Trip' on September 21, 2026.
As of September 18, 2026, GAIL (India) is showing a bullish trend on daily, weekly, and monthly timeframes according to its Supertrend indicator. The daily trend shows the closing price at ₹173.9, with the Supertrend at ₹165.79. The weekly trend has the Supertrend at ₹152.75, and the monthly trend has the Supertrend at ₹116.25. Nearest support levels are around ₹173.6 and ₹172.8, while nearest resistance levels are around ₹174.38 and ₹176.75.
As of 18 Sept 2026, 03:30 pm
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Upward price movement of 3.14 standard deviations recorded on 2026-08-31.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹41,350.18 crore | ₹35,705.49 crore | ₹35,302.76 crore | ₹35,657.23 crore | ₹35,428.81 crore |
| Expenses | PEAK₹35,557.81 crore | ₹34,988.73 crore | ₹33,821.46 crore | ₹33,607.50 crore | ₹32,965.71 crore |
| Profit Before Tax | PEAK₹5,924.84 crore | ₹1,508.18 crore | ₹1,819.35 crore | ₹2,286.27 crore | ₹2,607.23 crore |
| Profit Loss For Period | PEAK₹4,670.99 crore | ₹1,481.46 crore | ₹1,729.13 crore | ₹1,988.71 crore | ₹2,382.24 crore |
| Tax Expense | PEAK₹1,596.57 crore | ₹484.91 crore | ₹435.51 crore | ₹576.68 crore | ₹646.60 crore |
| Segment Profit Before Tax | PEAK₹6,267.56 crore | ₹1,966.37 crore | ₹2,164.64 crore | ₹2,565.39 crore | ₹3,028.84 crore |
Profit before tax from reportable segments increased to ₹6,267.56 crore from ₹1,966.37 crore in the prior quarter, a 218.74% rise. The difference between segment PBT and total PBT, which captures unallocated corporate items, narrowed from ₹458.19 crore in Q4 to ₹342.72 crore in Q1. The profit expansion was overwhelmingly driven by the operating segments, with only a minor contribution from the reduction in unallocated corporate expenses.
GAIL’s quarter ended 30 June 2026 was defined by a sharp revenue expansion that outpaced a modest rise in expenses, resulting in a substantial increase in profitability. The improvement reversed a four-quarter profit decline and was primarily driven by operating segments. While finance costs continued to climb and OCI swung to a loss, the core earnings metrics showed a clear and material improvement compared to both the prior quarter and the same period last year.
Exchange disclosures and regulatory announcements for GAIL (India).
The Ministry of Petroleum and Natural Gas nominated Shri Manoj Kumar Sharma as Director (Projects) of GAIL, effective from his assumption of charge until his superannuation on 30.04.2031 or until further orders. The Board approved his appointment as an Additional Director on 18.09.2026. Shri Sharma, an Executive Director at Indian Oil Corporation Limited, has over three decades of experience in the oil and gas sector and holds a Master’s in Mechanical Engineering and a PGDM from XIMB.
GAIL (India) Limited informed stock exchanges on September 14, 2026, that its officials will attend the 'Asia Energy Security Field Trip' investor group meeting physically at its New Delhi corporate office on September 21, 2026, starting at 11:45 AM, with no unpublished price-sensitive information to be shared.
GAIL (INDIA) LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
The Comptroller & Auditor General of India (CAG) appointed M/s Ravi Rajan & Co. LLP and M/s Arun K Agarwal & Associates as Joint Statutory Auditors of GAIL (India) Limited for the financial year 2026-2027, effective from a letter dated September 7, 2026. The appointment is under Section 139 of the Companies Act, 2013, and the auditors will also audit the consolidated financial statements. The supplementary/test audit for the company is entrusted to the Director General of Audit, Oil & Gas.
Appointment of Joint Statutory Auditor(s) for FY 2026-27 |SUBJECT: Appointment
GAIL (India) Limited and Petronet LNG Limited, in association with MC2 Foundation and IIT Hyderabad, hosted the 'MC2 Plus Hyderabad Connect' on September 7, 2026, to accelerate innovation in the energy sector. The event featured keynote addresses and panel discussions on digital asset management and startup collaboration. Selected startups are eligible for convertible funding of up to ₹50 lakh and milestone-based funding of up to ₹1.5 crore, with the program aiming to support 30 early-stage startups.
GAIL (India) Limited has announced its participation in the 22nd UBS India Summit, a group meeting scheduled for September 10, 2026, at 10:00 AM in Mumbai. The event will be conducted in-person and is intended to address investor concerns through multiple one-to-one meetings with institutional investors. Minal Kapadia of UBS Securities India Pvt Ltd is listed as the contact person for the summit.
Recent market and company developments associated with GAIL (India).
GAIL Global (USA) (GGUI), its wholly owned unit, had floated a tender last February to sell its entire 20% non-operated working interest in oil and gas assets in the Eagle Ford shale basin. The assets comprise interests in 91 oil and gas wells and 13 identified proved undeveloped locations, covering 2,870 net acres in La Salle and Frio counties.
At meeting held on 18 September 2026
Asian LNG demand is projected to decrease this year, with Northeast Asia seeing the largest drop. India and Bangladesh continue to secure spot LNG cargoes despite significant price increases. High fuel costs are impacting energy-intensive industries in China, reducing their output. India's city gas and fertilizer sectors will predominantly support its LNG demand. Global supply recovery and Europe's inventory needs will influence future LNG prices.
Sensex, Nifty, Share Prices Highlights: Indian equity markets ended higher on Wednesday, tracking gains across regional markets, as expectations surrounding the US Federal Reserve’s interest rate decision supported sentiment. Buying interest in banking, FMCG and automobile stocks lifted large-cap shares, while IT stocks declined.
The PNGRB has approved Gail India's transfer of six city gas distribution areas. This move paves the way for Gail Gas to proceed with its initial public offering. Gail Gas plans to raise ₹3,000 crore through this upcoming public offering. The subsidiary aims to list its shares by the end of the current financial year. Gail India will then dilute a minority stake in its wholly owned subsidiary.
Nomura, IOCL, BPCL, HPCL, Hindustan Oil share price, BPCL stock today, Oil prices, Us-Iran war, brent crude
India LNG imports, China LNG imports, Asia LNG prices, US-Iran war LNG, Middle East LNG supply crunch, Strait of Hormuz LNG, GAIL LNG demand, PetroChina LNG imports, Qatar LNG exports, Asian spot LNG prices
GAIL's chairman warns that LNG prices exceeding $20 per mmBtu are negatively impacting demand in India.
Comprehensive Section Breakdown for GAIL (India)
Strategic Vision: India's natural gas company optimizing economic use.
• Extensive natural gas pipeline network across India.
• Integrated operations from gas processing to petrochemical production.
• Pioneering presence in the city gas distribution sector.
• Strategic investments in LNG infrastructure and trading.
GAIL (India) Limited reported a substantial expansion in profitability for the quarter ended 30 June 2026. Revenue from operations increased by 15.8% compared to the previous quarter, while total expenses rose by only 1.6%. This divergence pushed profit before tax up by nearly threefold, reversing a four-quarter downward trend. Net profit also more than tripled, supported by a lower effective tax rate. Other comprehensive income swung to a loss, and finance costs continued to rise.
Revenue from operations rose to ₹41,350.18 crore in Q1 FY2026-27, up from ₹35,705.49 crore in Q4 FY2025-26, a 15.81% increase. Over the same period, total expenses grew modestly to ₹35,557.81 crore from ₹34,988.73 crore, a 1.63% rise. The gap between revenue and expense growth was similarly pronounced on a year-over-year basis. Revenue increased 16.71% from ₹35,428.81 crore in Q1 FY2025-26, while expenses grew 7.86% from ₹32,965.71 crore. The wider revenue expansion relative to cost increases created a significantly larger profit pool for the quarter.
Profit before tax (PBT) increased to ₹5,924.84 crore, up from ₹1,508.18 crore in the prior quarter, a 292.85% rise. Net profit (profit for the period) followed a similar trajectory, rising to ₹4,670.99 crore from ₹1,481.46 crore, an increase of 215.3%. This quarter’s result marks a sharp reversal of a steady decline over the preceding four quarters, with PBT falling from ₹2,607.23 crore in Q1 FY2025-26 to ₹1,508.18 crore in Q4 FY2025-26. Year-over-year, PBT more than doubled, up 127.25% from ₹2,607.23 crore.
Tax expense rose to ₹1,596.57 crore from ₹484.91 crore in the prior quarter. The effective tax rate declined from 32.15% in Q4 to 26.95% in Q1, which contributed to the larger net profit relative to pre-tax earnings.
Finance costs increased to ₹318.96 crore from ₹263.07 crore in the prior quarter, a 21.25% rise. Over the past year, finance costs have grown 49.8%, from ₹212.92 crore in Q1 FY2025-26.
Other comprehensive income (OCI) swung from a gain of ₹1,386.93 crore in Q4 to a loss of ₹326.78 crore in Q1. OCI has been volatile over the trailing five quarters, recording losses in four of them. Because OCI bypasses the income statement, it does not affect reported net profit, but it reduces total comprehensive income and equity.
GAIL reported standalone Net Profit After Tax of ₹4,292 crore for Q1 FY2026-27, reflecting a significant increase from the previous quarter. The Board approved the merger of Konkan LNG Limited to enhance vertical integration and operational efficiencies. Management guided annual capital expenditure of approximately ₹11,500 crore, prioritizing operational capex and investments in pipelines and renewables. However, the company faces regulatory risks regarding PNGRB tariff orders and a contingent liability of ₹2,889 crore from a CESTAT order, alongside governance concerns over the lack of independent directors.
Category: Supply Chain
Operates a large network of natural gas pipelines spanning approximately 16,420 km.
Category: Manufacturing
Operates five gas processing plants for the production of LPG and other liquid hydrocarbons with a capacity of about 1.4 MMTPA.
Category: Manufacturing
Operates a gas-based integrated petrochemical plant with a capacity of 810 KTPA of polymer and is involved in co-promoting other petrochemical complexes.
Category: Supply Chain
Involved in LNG sourcing, regasification terminals, and international LNG trading through subsidiaries.
Category: B2B Services
Pioneer in the CGD business with a presence in 72 Geographical Areas across India through joint ventures and subsidiaries.
Category: Energy
Portfolio includes wind and solar energy, exploring opportunities in Compressed Bio Gas (CBG), ethanol, and hydrogen.
Core Thesis: Leveraging its extensive natural gas infrastructure to expand into diverse energy sectors and downstream products.
• Infrastructure Expansion: Continuously expanding its natural gas and LPG pipeline networks across the country. • Diversification into Petrochemicals: Operating and co-promoting integrated petrochemical plants to add value to hydrocarbon fractions. • LNG Market Presence: Engaging in LNG sourcing, trading, and operating regasification terminals to secure and distribute liquefied natural gas. • New Energy Exploration: Investing in renewable energy, hydrogen production, and Compressed Bio Gas (CBG) to align with future energy demands.