GAIL (India) Ltd (GAIL) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+1.01%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 15.0%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 9.6%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹183.25

200-Day DMA ● Overlay

₹169.96

14-Day RSI ● Overlay

55.5 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹1.13 Lakh Cr

Large cap

Stock P/E (TTM) Valuation

12.0x

Price / EPS

Book Value (₹) Assets

₹113.0

P/B: 1.5x

ROE (%) Quality

9.6%

Net Profit / Equity

ROCE (%) Efficiency

10.7%

EBIT / Capital

Dividend Yield Yield

3.21%

Face Value: ₹10

Debt / Equity Solvency

0.29x

Manageable

EPS (TTM) Per Share

₹14.27

Trailing 12M

OPM (%) Spread

9.0%

EBITDA Margin

Free Cash Flow Cash

₹2,703 Cr

CFO - Capex

About GAIL (India) Ltd

GAIL (India) Ltd (GAIL) is a leading Indian enterprise operating in the Energy & Oil sector.

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 6.5% × Turnover: 0.85x × Leverage: 1.29x = ROE: 9.63%

✓ Company Strengths (Pros)

• Stock is trading at an attractive price-to-book multiple of 1.5x.
• Trading at an attractive valuation with a conservative P/E of 12.0x.

⚠ Key Considerations & Risks (Cons)

• Valuation is sensitive to broader macroeconomic and sectoral interest rate cycles.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹1.43 Lakh Cr

Latest PAT

₹9,374 Cr

EPS (TTM)

₹14.27

OPM %

9.0%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹32,789 Cr	₹32,986 Cr	₹34,698 Cr	₹32,756 Cr	₹34,738 Cr	₹33,889 Cr	₹36,835 Cr	₹36,440 Cr	₹35,311 Cr	₹35,537 Cr	₹35,173 Cr	₹35,577 Cr	₹41,198 Cr
Operating Profit (EBITDA)	₹2,660 Cr	₹3,580 Cr	₹4,208 Cr	₹3,849 Cr	₹4,790 Cr	₹3,937 Cr	₹3,169 Cr	₹3,526 Cr	₹3,669 Cr	₹3,460 Cr	₹2,927 Cr	₹1,453 Cr	₹7,098 Cr
OPM %	8.0%	11.0%	12.0%	12.0%	14.0%	12.0%	9.0%	10.0%	10.0%	10.0%	8.0%	4.1%	17.0%
Interest Expense	₹185.00 Cr	₹200.00 Cr	₹176.00 Cr	₹159.00 Cr	₹209.00 Cr	₹188.00 Cr	₹169.00 Cr	₹174.00 Cr	₹213.00 Cr	₹234.00 Cr	₹254.00 Cr	₹263.00 Cr	₹319.00 Cr
Depreciation	₹722.00 Cr	₹837.00 Cr	₹872.00 Cr	₹1,241 Cr	₹1,152 Cr	₹922.00 Cr	₹939.00 Cr	₹786.00 Cr	₹993.00 Cr	₹1,177 Cr	₹1,192 Cr	₹474.00 Cr	₹987.00 Cr
Profit before Tax (PBT)	₹2,283 Cr	₹3,138 Cr	₹4,075 Cr	₹3,099 Cr	₹4,114 Cr	₹3,470 Cr	₹5,272 Cr	₹3,240 Cr	₹3,029 Cr	₹2,565 Cr	₹2,165 Cr	₹1,966 Cr	₹6,268 Cr
Net Profit (PAT)	₹1,793 Cr	₹2,442 Cr	₹3,193 Cr	₹2,474 Cr	₹3,183 Cr	₹2,690 Cr	₹4,084 Cr	₹2,506 Cr	₹2,382 Cr	₹1,989 Cr	₹1,729 Cr	₹1,481 Cr	₹4,671 Cr
EPS in ₹	₹2.73	₹3.72	₹4.86	₹3.75	₹4.84	₹4.10	₹6.21	₹3.79	₹3.60	₹3.00	₹2.67	₹2.26	₹7.10

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	₹60,557 Cr	₹52,053 Cr	₹48,552 Cr	₹54,496 Cr	₹76,190 Cr	₹72,518 Cr	₹57,372 Cr	₹92,770 Cr	₹1.46 Lakh Cr	₹1.33 Lakh Cr	₹1.42 Lakh Cr	₹1.42 Lakh Cr	₹1.47 Lakh Cr
Expenses	₹54,926 Cr	₹47,517 Cr	₹42,531 Cr	₹46,695 Cr	₹66,252 Cr	₹63,495 Cr	₹50,127 Cr	₹77,608 Cr	₹1.38 Lakh Cr	₹1.19 Lakh Cr	₹1.26 Lakh Cr	₹1.30 Lakh Cr	₹1.33 Lakh Cr
Operating Profit	₹5,631 Cr	₹4,536 Cr	₹6,021 Cr	₹7,802 Cr	₹9,938 Cr	₹9,022 Cr	₹7,245 Cr	₹15,161 Cr	₹7,500 Cr	₹14,314 Cr	₹15,412 Cr	₹11,502 Cr	₹14,939 Cr
OPM %	9%	9%	12%	14%	13%	12%	13%	16%	5%	11%	11%	8%	10%
Interest	₹652.00 Cr	₹822.00 Cr	₹509.00 Cr	₹295.00 Cr	₹159.00 Cr	₹309.00 Cr	₹179.00 Cr	₹202.00 Cr	₹365.00 Cr	₹719.00 Cr	₹740.00 Cr	₹964.00 Cr	₹1,070 Cr
Depreciation	₹1,433 Cr	₹1,496 Cr	₹1,541 Cr	₹1,527 Cr	₹1,667 Cr	₹2,080 Cr	₹2,174 Cr	₹2,420 Cr	₹2,702 Cr	₹3,672 Cr	₹3,799 Cr	₹3,835 Cr	₹3,829 Cr
Profit before Tax	₹4,492 Cr	₹2,949 Cr	₹5,183 Cr	₹6,928 Cr	₹9,831 Cr	₹10,429 Cr	₹7,725 Cr	₹15,464 Cr	₹7,256 Cr	₹12,595 Cr	₹16,096 Cr	₹9,725 Cr	₹12,964 Cr
Net Profit	₹3,160 Cr	₹1,874 Cr	₹3,374 Cr	₹4,805 Cr	₹6,553 Cr	₹9,515 Cr	₹6,143 Cr	₹12,304 Cr	₹5,596 Cr	₹9,903 Cr	₹12,463 Cr	₹7,582 Cr	₹9,870 Cr
EPS in Rs	4.67	2.76	4.98	7.09	9.68	13.93	9.21	18.40	8.54	15.06	18.93	11.53	15.03

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	₹1,268 Cr	₹1,268 Cr	₹1,691 Cr	₹2,255 Cr	₹2,255 Cr	₹4,510 Cr	₹4,440 Cr	₹4,440 Cr	₹6,575 Cr	₹6,575 Cr	₹6,575 Cr	₹6,575 Cr
Reserves & Surplus	₹32,754 Cr	₹35,135 Cr	₹37,614 Cr	₹39,424 Cr	₹43,749 Cr	₹44,758 Cr	₹48,742 Cr	₹59,674 Cr	₹58,352 Cr	₹70,422 Cr	₹78,422 Cr	₹82,474 Cr
Borrowings (Debt)	₹18,291 Cr	₹9,052 Cr	₹6,553 Cr	₹3,876 Cr	₹2,224 Cr	₹6,912 Cr	₹7,873 Cr	₹9,216 Cr	₹17,816 Cr	₹21,794 Cr	₹21,595 Cr	₹24,831 Cr
Total Liabilities	₹69,669 Cr	₹59,063 Cr	₹58,291 Cr	₹61,353 Cr	₹68,426 Cr	₹74,934 Cr	₹81,030 Cr	₹96,584 Cr	₹1.08 Lakh Cr	₹1.25 Lakh Cr	₹1.33 Lakh Cr	₹1.41 Lakh Cr
Fixed Assets	₹33,976 Cr	₹29,946 Cr	₹30,092 Cr	₹30,480 Cr	₹32,700 Cr	₹38,230 Cr	₹41,160 Cr	₹44,572 Cr	₹49,697 Cr	₹55,188 Cr	₹58,836 Cr	₹68,667 Cr
Total Assets	₹69,669 Cr	₹59,063 Cr	₹58,291 Cr	₹61,353 Cr	₹68,426 Cr	₹74,934 Cr	₹81,030 Cr	₹96,584 Cr	₹1.08 Lakh Cr	₹1.25 Lakh Cr	₹1.33 Lakh Cr	₹1.41 Lakh Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operations (CFO)	₹4,214 Cr	₹3,960 Cr	₹6,024 Cr	₹8,769 Cr	₹7,984 Cr	₹8,345 Cr	₹8,993 Cr	₹9,420 Cr	₹3,205 Cr	₹12,586 Cr	₹15,727 Cr	₹11,249 Cr
Cash from Investing (CFI)	-₹2,809 Cr	-₹904.00 Cr	-₹334.00 Cr	-₹2,660 Cr	-₹5,701 Cr	-₹8,299 Cr	-₹4,640 Cr	-₹5,490 Cr	-₹7,453 Cr	-₹8,226 Cr	-₹6,615 Cr	-₹8,856 Cr
Cash from Financing (CFF)	-₹3,058 Cr	-₹3,028 Cr	-₹5,275 Cr	-₹5,252 Cr	-₹3,364 Cr	₹281.00 Cr	-₹3,471 Cr	-₹3,917 Cr	₹2,972 Cr	-₹3,457 Cr	-₹8,941 Cr	-₹2,750 Cr
Free Cash Flow (FCF)	₹1,498 Cr	₹2,500 Cr	₹4,029 Cr	₹5,370 Cr	₹443.00 Cr	-₹890.00 Cr	₹3,309 Cr	₹2,481 Cr	-₹5,548 Cr	₹98.00 Cr	₹7,818 Cr	₹2,451 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days (DSO)	19	19	21	23	21	24	22	29	27	26	27	22
Inventory Days	18	14	17	17	16	21	25	19	17	20	20	16
Cash Conversion Cycle (Days)	12	8	11	6	13	20	10	20	23	24	22	19
ROCE %	10%	8%	12%	16%	22%	20%	13%	23%	10%	15%	14%	10%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹217.94 • Fairly Valued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹189.90

DCF Fair Value

₹217.94

Graham Number

₹190.48

Margin of Safety

+8.3%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹217.94

Fairly Valued (Margin: +8.3%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹212	₹210	₹208	₹206
10%	₹216	₹214	₹212	₹210
12%	₹220	₹218	₹216	₹214
14%	₹224	₹222	₹220	₹218

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹218	Undervalued
Benjamin Graham Number	₹190	Margin of Safety
Historical Sector P/E	₹314	Discounted
EV / EBITDA Multiplier	₹199	In-Line
Free Cash Flow Yield Model	₹186	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 5/9 (Stable Financials)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

5 / 9 Pass

Altman Z-Score

4 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.29x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Positive Operating & Free Cash Flow

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 9.0%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

51.79%

FIIs (Foreign)

15.00%

DIIs (Domestic)

19.09%

Government

0.15%

Public / Retail

6.52%

Swipe → to view historical quarters

Category	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Promoters	51.91%	51.90%	51.90%	51.92%	51.92%	51.90%	51.88%	51.88%	51.88%	51.88%	51.88%	51.79%
+ FIIs (Foreign Portfolio)	14.76%	14.24%	14.17%	15.20%	16.79%	16.05%	14.79%	14.91%	13.72%	14.07%	13.04%	15.00%
+ DIIs (Mutual Funds / Insurance)	19.14%	19.37%	19.56%	18.13%	16.92%	17.59%	19.02%	18.93%	19.88%	19.76%	20.50%	19.09%
+ Public (Retail & HNIs)	6.30%	6.58%	6.75%	7.14%	6.76%	6.84%	6.68%	6.66%	6.92%	6.69%	6.98%	6.52%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Energy & Oil.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

GAIL Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

GAIL Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

GAIL Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹243.07

Accelerated market share capture in Energy & Oil, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹212.69

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 12x P/E.

🐻 Bear Case (15%) -12.0%

₹167.11

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Energy & Oil)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 18:55 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ GAIL (India) Ltd (GAIL)	Target Stock	₹189.90	+1.01%	12.0x	9.6%	10.7%	0.29	₹1.13 Lakh Cr
Oil & Natural Gas Corporation Ltd (ONGC)	Oil & Gas Exploration & Production	₹234.80	+0.56%	6.4x	11.6%	14.2%	0.47	₹2.80 Lakh Cr
Indian Oil Corporation Ltd (IOC)	Petroleum Refining & Pipelines	₹148.38	+1.04%	5.5x	20.5%	18.7%	0.60	₹1.85 Lakh Cr
Bharat Petroleum Corporation Ltd (BPCL)	Refining & Fuel Retail	₹315.25	-0.24%	8.4x	28.8%	25.6%	0.54	₹1.30 Lakh Cr
Adani Total Gas Ltd (ATGL)	Sector Peer	₹581.30	+1.10%	101.0x	14.4%	15.3%	0.46	₹64,146 Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	18:55:12 IST	✓ Live Sync
Financial Statements (10Y)	GAIL (India) Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

GAIL (India) Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About GAIL (India) Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Energy & Oil)

Metric Explainer

Stock DNA Methodology

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