Gujarat Gas share worth at this time
Gujarat Gas overview
Gujarat Gas is the biggest CGD firm in India and is working in 27 geographical areas, unfold throughout six states and one union territory. The firm has mixture of mature and rising CGD areas. The firm has developed pipeline community of greater than 44,550 kilometers, which give pure gasoline to roughly 2.383 million households, 4,454 industrial prospects and 15,900 industrial prospects. GGL additionally function 833 CNG stations serving roughly 4 lakh automobiles per day.
GGL anticipate the numbers within the home and industrial section to extend over a time period as the brand new areas mature. GGL at current has a buyer base of 15,897 commissioned industrial prospects.
Gujarat Gas – Crisil Rating rationale
CRISIL Ratings has reaffirmed its “CRISIL AAA/Stable” score on the Long-term Bank Facilities of Gujarat Gas Limited. The score continues to mirror the sturdy enterprise danger profile of GGL after amalgamation of Gujarat State Petroleum Corporation (GSPC), Gujarat State Petronet Ltd (GSPL), and GSPC Energy Ltd (GEL) with GGL, with the merged entity being the biggest CGD participant in India and holding a robust place within the pure gasoline buying and selling enterprise, whereas having a robust monetary danger profile.
Crisil Ratings mentioned that it additionally understands that the merger is close to completion and is awaiting Hon’ble MCA’s ultimate order from the listening to held on February 18, 2026. After the merger, demerger of transmission enterprise and itemizing of the identical as Gujarat Transmission (GTL) is anticipated to finish within the subsequent 6-7 months. Till the completion of the merger course of, all of the three entities are more likely to function as per present preparations, with none materials influence on current operations.
GSPC – primarily into pure gasoline buying and selling enterprise – is the nation’s second largest gasoline buying and selling firm. Owing to its scale, it has enterprise moats akin to long-term sourcing agreements with main pure gasoline suppliers and intensive entry to the required infrastructure. With potential disruptions in Middle East, provides might witness cuts, which shall influence general volumes gross sales and development within the close to time period as majority of provides is from Qatar and different Middle East international locations. The identical shall stay monitorable, the score company mentioned in rationale.
