VALARTH See GAIL (India) in the appOpen in app
GAIL · NSE · Gas Transmission/Marketing

GAIL (India) Ltd

What the numbers mean, from its filings and the exchange. Data as of 13 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Utilities
fair low confidence No valuation within 120 days; P/E 11.1 vs peers 9.1 (8th of 11); P/B 1.2 vs peers 1.7 (4th of 11).
Statements through FY2026Prices adjusted for 5 corporate actionsNot yet reviewed by the adversarial model

What is GAIL (India)'s share price today?

GAIL (India) last traded at ₹166.63 on the NSE, as of 13 Oct 2026, 10:45 am IST, down 0.2% on the day, down 7.4% over a year. Its 52-week range is ₹134 to ₹187. The live price is in the app.

₹166.63 −0.2% today
−7.4% over 1 year · NSE, as of 13 Oct 2026, 10:45 am IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range61% of the way up
Low ₹134High ₹187

What is GAIL (India)'s market cap?

GAIL (India)'s market capitalisation is about ₹1.10 lakh crore: what it would cost to buy every share at today's price. That makes it the 88th largest large cap company we cover.

₹1.1 L Cr Large Cap88th largest large cap company
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: GAIL
ISIN
INE129A01019
Cap bucket
Large Cap, 88th largest by market cap
Industry (NSE)
Energy › Oil Gas & Consumable Fuels › Gas › Gas Transmission/Marketing
Listed since
1997
Futures and options
Traded

Is GAIL (India) overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 11.1 vs peers 9.1 (8th of 11); P/B 1.2 vs peers 1.7 (4th of 11).

Valuation

Latest price and trailing 12 months
P/E 11.09
vs peers 9.1 · 8th of 11
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 1.22
vs peers 1.7 · 4th of 11
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹1.10 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 4.0%
vs peers 2.5% · 5th of 10
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 1.03
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is GAIL (India) a quality business?

Quality score 30, 10th of 11 in its peer set; WATCH on 30 of 30 flags judged.

Quality and risk

Data as of 13 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 30
vs peers 54.2 · 10th of 11
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
30 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 9.6%
vs peers 16.5% · 9th of 11
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 10.1%
vs peers 17.2% · 10th of 11
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 6.6%
vs peers 8.0% · 6th of 11
Profit after everything, as a share of revenue. Learn more →
EPS ₹11.53
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
Inside the app

Get a sneak peek of Valarth

Start freeStart free
A Valarth stock page: the share price with its chart and 52-week range, valuation and profitability figures, and a scorecard of health checks.
Stock pagePrice, valuation, profitability and a scorecard of health checks for every company, each figure explained.
The Valarth stock screener: a table of companies with price, market cap, P/E, P/B, PEG, EPS and ROE, and filters down the left.
ScreenerEvery listed company, filtered on 212 figures, each with a plain-language lesson beside it.
The Valarth AI Screener answering 'Which companies will benefit from India's Project 75 submarine programme?' with a basket of four naval shipbuilders and a written thesis.
AI ScreenerAsk a question in plain English, like which companies benefit from India's Project 75. It reads the intent, builds the screen and writes the thesis.
A Valarth business-model card for State Bank of India, with a plain-language summary and statements verified against the filing.
Business modelHow a company makes money and what can hurt it, each statement checked against its annual report.
Valarth's Before the Bell edition, with the day's headline, regulator notes and sector moves.
Before the BellA morning edition before the market opens: what moved, which rule changed, and what it means for your holdings.

Has GAIL (India) made money for shareholders?

Mixed: −7.4% over one year and +10.0% a year over five years.

Shareholder returns

1-year return −7.4%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +10.0% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−3.0%
1M
−2.3%
3M
−3.6%
6M
+8.6%
1Y
−7.4%
3Y
+12.6%
5Y
+10.0%

Does GAIL (India) pay a dividend?

Yes. GAIL (India)'s dividend yield is 3.99% at the latest price; the last payout was ₹0.50 a share, ex-dividend 2 Sep 2026.

Dividends

Per share, by ex-dividend date
Dividend yield3.99%
The past 12 months' dividends as a share of today's price.
2 Sep 2026 · Final₹0.50
5 Feb 2026 · Interim₹5.00
4 Aug 2025 · Final₹1.00
7 Feb 2025 · Interim₹6.50
6 Feb 2024 · Interim₹5.50
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is GAIL (India) growing?

Revenue 3 years -0.9% a year; profit 3 years 10.5% a year; revenue 5 years 9.5% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years -0.9% a year
vs peers -0.4% · 6th of 11
Compound annual growth of revenue over three years. Learn more →
Profit 3 years 10.5% a year
vs peers 5.5% · 3rd of 9
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 9.5% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years -4.2% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years 10.8% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years 4.8% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history 28.0%
vs peers -5.0% · 9th of 10
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did GAIL (India) do last quarter?

GAIL (India) reported revenue of ₹41,198 Cr, down 0.2% on a year earlier and a net profit of ₹4,671 Cr, down 39.2% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹41,198 Cr
−0.2% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹4,671 Cr
−39.2% on a year earlier
What was left for shareholders after every cost and tax.

How does GAIL (India) compare with its peers?

Compared with 10 Oil Gas & Consumable Fuels (the sector, as the industry was too small); 8th of 11 on P/E; 10th of 11 on quality score.

Compared with 10 Oil Gas & Consumable Fuels (the sector, as the industry was too small)

10 companies

GAIL (India) against its peers

Largest 10 of 10 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
GAIL (India) Ltd₹1.1 L Cr11.11.29.6%10.1%−7.4%
Oil & Natural Gas Corpn Ltd₹2.8 L Cr6.41.110.2%11.4%−9.9%
Coal India Ltd₹2.5 L Cr8.113.484.5%62.5%+6.1%
Indian Oil Corporation Ltd₹1.8 L Cr5.20.919.2%17.2%−19.3%
Bharat Petroleum Corporation Ltd₹1.2 L Cr7.21.329.9%31.3%−15.8%
Oil India Ltd₹71,823 Cr8.61.69.5%10.2%+6.0%
Hindustan Petroleum Corporation Ltd₹70,697 Cr41.51.232.5%22.8%−26.4%
Adani Total Gas Ltd₹61,941 Cr98.011.614.1%14.6%−9.9%
Petronet LNG Ltd₹43,575 Cr10.41.718.7%22.9%+3.3%
Aegis Vopak Terminals Ltd₹31,733 Cr125.53.78.1%6.5%+3.5%
Mangalore Refinery And Petrochemicals Ltd₹30,446 Cr9.62.214.2%17.3%+21.8%
Peer median—9.11.716.5%17.2%−3.2%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns GAIL (India)?

GAIL (India) is held by promoters 51.5%, foreign institutions 14.9%, domestic institutions 19.1%.

Shareholding pattern

Latest filing, percent of shares
Promoters51.5%
The founders and controlling group.
Foreign institutions14.9%
Overseas funds investing through the FPI route.
Domestic institutions19.1%
Indian insurers, banks, pension and mutual funds together.
Mutual funds8.4%
Indian mutual fund schemes; part of domestic institutions.
Retail and others4.7%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about GAIL (India)?

31 analysts cover GAIL (India), and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

31 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does GAIL (India) do and what is it sensitive to?

GAIL is an integrated natural gas business selling gas trading (82% of revenue), pipeline transmission services for NG and LPG (8%), petrochemical polymers (6%), and liquid hydrocarbons (3%). Sensitive to: LNG prices indexed to crude oil and natural gas benchmarks.

Business-model card

FY2025 · 45 verified
6Revenue
6Channels
2Regulators
5Reg. dependencies
5Sensitivities
6Costs
2Geographies

GAIL is an integrated natural gas business selling gas trading (82% of revenue), pipeline transmission services for NG and LPG (8%), petrochemical polymers (6%), and liquid hydrocarbons (3%). It earns by sourcing LNG for resale, operating transmission pipelines under tariff regulation, and supplying petrochemical and industrial customers across India and 7 overseas markets.

Revenue by segment

year ended 31st March 2025 (Consolidated)
Transmission services - Natural Gas7.8%
Transmission services - LPG0.6%
Natural Gas Marketing86.5%
LPG & Liquid Hydrocarbons3.6%
Other Segment1.5%

Revenue engine

6 verified
Natural Gas Trading and Marketing (82.0%)
Sells natural gas to fertilizer producers (36% of gas), city gas distributors (27%), power plants (11%), industrial customers including refineries and steel mills (17%), and overseas buyers (9%)
Natural Gas Pipeline Transmission (7.0%)
Earns tariffs for transporting natural gas through pipelines to downstream customers. PNGRB regulates tariff rates and adjustments.
Petrochemical products (polyethylene) (6.0%)
Supplies High-density polyethylene (HDPE) and Linear low-density polyethylene (LLDPE) in multiple grades for blow moulding, injection moulding, film and pipe applications
3 more statements
LPG Pipeline Transmission
Earns tariffs for transporting LPG through dedicated pipelines. PNGRB regulates tariffs with one-time 17% escalation in 2024-25 and annual WPI-based adjustments from 2025-26
Liquid Hydrocarbons
Sells to industrial and commercial sector customers for various energy and chemical applications
Renewable electricity (wind and solar)
Electricity generation from wind and solar power sources

Customers & channels

6 verified
Fertilizer sector (36.0%)
Buys 36% of GAIL's natural gas sales for ammonia and urea production
City Gas Distribution companies (27.0%)
Receive 27% of gas for distribution to end consumers via CNG pumps and piped household gas networks
Power generation sector (11.0%)
Buys 11% of gas for thermal power plants and peaking power generation
3 more statements
Industrial sector (refinery, steel, sponge iron, petrochemical)
Purchase 17% of gas for high-temperature industrial processes and fuel
Overseas customers
Receive 9% of GAIL's natural gas sales via LNG exports
Dealer and distributor channel
56.35% of sales pass through 157 dealers and distributors, with top 10 dealers accounting for 26.74% of dealer sales

Regulators

2 verified
Petroleum and Natural Gas Regulatory Board (PNGRB)
Regulates all natural gas pipeline tariffs, LPG pipeline tariffs, and pipeline access conditions. Issues binding regulations on rate-setting formulas and affiliate separation rules.
Ministry of Petroleum and Natural Gas (MoP&NG)
Exercises administrative control over GAIL as a government company. Sets policy targets, approves LPG pricing, allocates domestic gas to sectors, and annually fixes MoU targets.

Regulatory dependencies

5 verified
LPG pipeline tariff escalation tied to Wholesale Price Index (WPI)
PNGRB regulates LPG transmission tariffs with escalation clauses. A 17% one-time escalation was granted in 2024-25; annual WPI adjustments begin 2025-26. Rising WPI increases tariff revenue; falls reduce it.
PNGRB Affiliate Code mandate to separate marketing and transmission
Regulation 5A requires entities engaged in both NG marketing and transportation to create separate legal entities. Full compliance could force asset or structural reorganization, impacting synergies.
Government target of 15% gas share in energy basket by 2030
National policy directs investments in gas infrastructure. Expansion of National Gas Grid, CGD coverage to 600+ districts, and domestic gas allocation to CGD benefits GAIL's transmission and marketing volumes.
2 more statements
LPG pricing set by import parity mechanism (de-regulated)
LPG prices are set by Oil Marketing Companies based on import parity, removing GAIL's ability to set independent prices. International LNG prices directly determine domestic LPG prices.
Natural Gas Pipeline Tariff subject to PNGRB regulations
NG transmission tariffs are determined by PNGRB regulations issued from time to time. Regulatory changes directly affect tariff revenue and customer economics.

Sensitivities

5 verified
LNG prices indexed to crude oil and natural gas benchmarks
Most LNG purchase and sales contracts use natural gas or crude-indexed pricing. Cost and margin fluctuate directly with index volatility. Crude oil price spikes increase LNG costs; falls reduce costs.
Foreign exchange exposure on LNG imports and capex
Company largely imports LNG, capital goods, and spares in foreign currency (USD and others). Rupee depreciation increases import costs; appreciation reduces costs.
Extreme weather events (heat waves, cold, cyclones, floods)
Operations in extreme conditions can damage plants and pipelines, causing downtime and repair costs. Climate change increases frequency and severity of disruptions.
2 more statements
Industrial fuel switching between coal and gas
Power generators and industries shift to gas when LNG prices decline (increases demand) and back to coal when prices spike (decreases demand). Demand is price-sensitive.
Weather-driven gas demand in heating-dependent markets
Winter temperatures affect European and Asian heating demand. Mild winters reduce gas demand; normal/cold winters increase it. Europe has structural demand decline despite weather normalization.

Cost inputs

6 verified
Purchase and cost of material consumed (primarily LNG imports) (80.0%)
At 80% of total income, this is the dominant cost. Company imports LNG for resale and internal use; costs driven by international LNG prices and crude oil indices.
Natural gas used as fuel in operations
Internal consumption of gas as fuel for compressors, heating, and process energy: ₹3,761.52 crore in FY2025. Cost tied to domestic and APM gas pricing.
Power and electricity charges
Electrical power for operations, compressors, and facilities: ₹453.89 crore in FY2025. Cost driven by grid electricity rates.
3 more statements
Royalty on crude oil production
Government share of profit from petroleum production from GAIL's E&P blocks: ₹435.06 crore in FY2025. A production tax that rises with oil prices.
Stores, spares, and maintenance materials
Repair materials, spare parts, and consumables for pipelines, compressors, and equipment: ₹588.80 crore in FY2025. Cost driven by operational footprint and equipment condition.
Capital goods and project imports
Imported machinery, equipment, and technology for capital projects and system upgrades (e.g., SAP S/4HANA, DCS systems). Subject to foreign exchange fluctuations.

Geographies

2 verified
India (22 states and 4 union territories)
Primary market for natural gas marketing, transmission, petrochemicals, and liquid hydrocarbons. Operations span fertilizer belt, power generation hubs, urban CGD networks, and industrial clusters.
International markets (7 countries)
Exports LNG and other products to overseas buyers. International sales represent 9% of natural gas sold and 0.02% of total turnover by volume.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Dividend - Re 0.50 Per Share (2 Sep 2026).

Change log

8 entries · newest first
  1. Corporate actionDividend - Re 0.50 Per Share.
  2. Results filedQ1 FY2027 results filed.
  3. Results filedQ4 FY2026 results filed.
  4. Corporate actionInterim Dividend - Rs 5 Per Share.
  5. Results filedQ3 FY2026 results filed.
  6. Results filedQ2 FY2026 results filed.
  7. Corporate actionDividend - Re 1 Per Share.
  8. Results filedQ1 FY2026 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 30 of 30 flags judged; 1 red.
  • Data gapsPEG (vendor), Business quality: not available yet.

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓285 months of month-end prices, adjusted for bonuses and splits (5 corporate actions)○no valuation of ours yet✓business-model card FY2025 · 45 verified

Questions people ask

What is GAIL (India)'s share price today?

GAIL (India) last traded at ₹166.63 on the NSE, as of 13 Oct 2026, 10:45 am IST, down 0.2% on the day, down 7.4% over a year. Its 52-week range is ₹134 to ₹187. The live price is in the app.

What is GAIL (India)'s market cap?

GAIL (India)'s market capitalisation is about ₹1.10 lakh crore: what it would cost to buy every share at today's price. That makes it the 88th largest large cap company we cover.

Is GAIL (India) Ltd a large cap, mid cap or small cap?

GAIL (India) Ltd (GAIL) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is GAIL (India) Ltd's P/E ratio?

11.09, vs peers 9.1 · 8th of 11. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is GAIL (India) Ltd overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 11.1 vs peers 9.1 (8th of 11); P/B 1.2 vs peers 1.7 (4th of 11).

How does GAIL (India) Ltd make money?

GAIL is an integrated natural gas business selling gas trading (82% of revenue), pipeline transmission services for NG and LPG (8%), petrochemical polymers (6%), and liquid hydrocarbons (3%). It earns by sourcing LNG for resale, operating transmission pipelines under tariff regulation, and supplying petrochemical and industrial customers across India and 7 overseas markets.

Who are GAIL (India) Ltd's peers?

Compared with 10 Oil Gas & Consumable Fuels (the sector, as the industry was too small): Oil & Natural Gas Corpn Ltd, Coal India Ltd, Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd, Oil India Ltd and 5 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did GAIL (India) do last quarter?

GAIL (India) reported revenue of ₹41,198 Cr, down 0.2% on a year earlier and a net profit of ₹4,671 Cr, down 39.2% in the Jun 2026 quarter.

Who owns GAIL (India)?

GAIL (India) is held by promoters 51.5%, foreign institutions 14.9%, domestic institutions 19.1%.

Does GAIL (India) pay a dividend?

Yes. GAIL (India)'s dividend yield is 3.99% at the latest price; the last payout was ₹0.50 a share, ex-dividend 2 Sep 2026.

What do analysts say about GAIL (India)?

31 analysts cover GAIL (India), and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

More large cap companies

Britannia Industries LtdBRITANNIA · ₹1.2 L CrApollo Hospitals Enterprise LtdAPOLLOHOSP · ₹1.1 L CrPower Finance Corporation LtdPFC · ₹1.1 L CrTata Power Company LtdTATAPOWER · ₹1.1 L CrIndian BankINDIANB · ₹1.1 L CrCanara BankCANBK · ₹1.1 L CrCipla LtdCIPLA · ₹1.1 L CrMuthoot Finance LtdMUTHOOTFIN · ₹1.1 L Cr
All companies, by market cap →

Everything on GAIL (India), and 6,621 other companies, with 212 filters and the full peer tables

See GAIL (India) in the app →See pricing