Gujarat Energy Limited has released its Investor Presentation for Q4 and FY26, detailing significant business updates and financial performance post its Scheme of Arrangement. The company reported robust growth in EBITDA and earnings per share, alongside strategic expansions in its City Gas Distribution and Renewable Energy segments. The presentation also covers the successful renaming of Gujarat Gas Limited to Gujarat Energy Limited, reflecting its diversified energy portfolio.
Strategic Renaming and Integrated Operations
Following the successful completion of its Scheme of Arrangement, Gujarat Gas Limited has officially been renamed Gujarat Energy Limited (GEL), effective May 14, 2026. This rebranding signifies the company’s expanded presence across the entire energy value chain, encompassing Exploration & Production, Gas Trading, City Gas Distribution, and Renewable Energy.
Key Business Updates and Performance Highlights
The presentation underscores several key achievements for the fiscal year ending March 31, 2026 (FY26):
- The historic GSPC Group Composite Scheme of Arrangement became effective on May 1, 2026, integrating GGL into an energy conglomerate.
- Achieved a record CNG volume of 3.60 mmscmd in Q4 FY26, a 12% increase year-on-year.
- Reported EBITDA of ₹943 Crore for Q4 FY26, up 19% from ₹790 Crore in Q4 FY25. Full-year EBITDA reached ₹3,772 Crore.
- Recorded an Earnings Per Share (EPS) of ₹24.50 for FY26, based on 93.82 Crores equity shares.
- The Board recommended a final dividend of ₹8.90 per equity share for FY26.
- Launched initiatives to expand Piped Natural Gas (PNG) usage, connecting an additional 13,000 households to PNG, contributing to a cumulative total of 4.86 lakh households.
- Significantly supported the Morbi ceramic industry, increasing gas-consuming units and consumption by approximately 19 times.
Financial Performance Overview
Quarterly (Q4 FY26) Financials:
- Revenue from Operations: ₹5,976 Crore
- EBITDA: ₹943 Crore
- Profit Before Tax: ₹726 Crore
- Profit After Tax: ₹521 Crore
Annual (FY26) Financials:
- Revenue from Operations: ₹24,198 Crore
- EBITDA: ₹3,772 Crore
- Profit Before Tax: ₹3,089 Crore
- Profit After Tax: ₹2,299 Crore
Business Segments and Market Presence
Gujarat Energy Limited operates across four key business segments:
- City Gas Distribution: India’s largest CGD network, covering 27 GAs with 839 CNG stations and over 24.18 lakh PNG connections.
- Gas Trading: A leading natural gas trading company with an average trade of ~12 mmscmd and over 480 LNG cargoes imported.
- Exploration & Production: Holding participating interest in 16 E&P Blocks, with oil and gas production from 11 fields.
- Renewable Business: Operating 123.9 MW of wind power capacity across 5 farms in Gujarat with 79 wind turbine generators.
Capital Allocation and Market Outlook
The company emphasizes a prudent capital allocation strategy, evidenced by its debt-free status and strong credit ratings. Market capitalization stood at approximately ₹21,151 Crore as of March 31, 2026. The presentation also details the indicative post-Scheme of Arrangement shareholding structure, with the Government of Gujarat holding a significant stake.
Source: BSE
