GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 66095.13 Crore) operating in Gas & Petroleum sector.
GAIL (India) Ltd. key Products/Revenue Segments include Gas Natural, Polymers, Sale of services, Propane, Other Operating Revenue, Compressed Natural Gas (CNG), Power, Oil Crude, Income From Telecom for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 22056.21 Crore, up 24.72 % from last quarter Total Income of Rs 17685.24 Crore and up 56.52 % from last year same quarter Total Income of Rs 14091.23 Crore. Company reported net profit after tax of Rs 2390.24 Crore in latest quarter.
Investment Rationale
The brokerage values GAIL on the SoTP basis with a 5.7x blended target Dec’23E EV/EBITDA for the standalone business (vs. 5.8x earlier) and investments at a 25-30% BV-FV holdco discount. Key risks: adverse commodity prices-margins, currency, regulations and outages.
Promoter/FII Holdings
Promoters held 51.85 per cent stake in the company as of 30-Sep-2021, while FIIs owned 18.36 per cent, DIIs 17.72 per cent.
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