Gujarat State Petronet Limited
Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India. The company develops energy transportation infrastructure and connects natural gas supply sources, including LNG terminals to various markets. It also operates city gas distribution and trading of natural gas business, as well as generates electricity throug… Read more
Gujarat State Petronet Limited (GSPL) - Net Assets
Latest net assets as of September 2025: ₹159.46 Billion INR
Based on the latest financial reports, Gujarat State Petronet Limited (GSPL) has net assets worth ₹159.46 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹219.23 Billion) and total liabilities (₹59.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹159.46 Billion |
| % of Total Assets | 72.73% |
| Annual Growth Rate | 20.03% |
| 5-Year Change | 83.9% |
| 10-Year Change | 271.67% |
| Growth Volatility | 27.69 |
Gujarat State Petronet Limited - Net Assets Trend (2005–2025)
This chart illustrates how Gujarat State Petronet Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gujarat State Petronet Limited (2005–2025)
The table below shows the annual net assets of Gujarat State Petronet Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹155.55 Billion | +8.15% |
| 2024-03-31 | ₹143.83 Billion | +13.35% |
| 2023-03-31 | ₹126.88 Billion | +20.64% |
| 2022-03-31 | ₹105.17 Billion | +24.34% |
| 2021-03-31 | ₹84.59 Billion | +32.07% |
| 2020-03-31 | ₹64.05 Billion | +48.74% |
| 2019-03-31 | ₹43.06 Billion | +31.13% |
| 2018-03-31 | ₹32.84 Billion | -26.13% |
| 2017-03-31 | ₹44.46 Billion | +6.22% |
| 2016-03-31 | ₹41.85 Billion | +6.21% |
| 2015-03-31 | ₹39.41 Billion | +12.31% |
| 2014-03-31 | ₹35.09 Billion | +13.66% |
| 2013-03-31 | ₹30.87 Billion | +20.55% |
| 2012-03-31 | ₹25.61 Billion | +27.73% |
| 2011-03-31 | ₹20.05 Billion | +28.21% |
| 2010-03-31 | ₹15.64 Billion | +28.69% |
| 2009-03-31 | ₹12.15 Billion | +6.51% |
| 2008-03-31 | ₹11.41 Billion | +18.12% |
| 2007-03-31 | ₹9.66 Billion | +6.44% |
| 2006-03-31 | ₹9.08 Billion | +124.81% |
| 2005-03-31 | ₹4.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gujarat State Petronet Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 100671.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹143.00 Billion | 122.79% |
| Common Stock | ₹5.64 Billion | 4.84% |
| Other Comprehensive Income | ₹-36.37 Billion | -31.23% |
| Other Components | ₹4.18 Billion | 3.59% |
| Total Equity | ₹116.46 Billion | 100.00% |
Gujarat State Petronet Limited Competitors by Market Cap
The table below lists competitors of Gujarat State Petronet Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SIMMTECH Co. Ltd
KQ:222800
|
$879.62 Million |
|
Evolv Technologies Holdings Inc
NASDAQ:EVLV
|
$879.63 Million |
|
Zee Entertainment Enterprises Limited
NSE:ZEEL
|
$879.91 Million |
|
Sonic Automotive Inc
NYSE:SAH
|
$879.99 Million |
|
Hiconics Drive Tech Co
SHE:300048
|
$879.16 Million |
|
Sino Wealth Electronic Ltd
SHE:300327
|
$878.85 Million |
|
CareDx Inc
NASDAQ:CDNA
|
$878.73 Million |
|
Corporación Interamericana de Entretenimiento S.A.B. de C.V
MX:CIEB
|
$878.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gujarat State Petronet Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 108,248,684,000 to 116,457,753,000, a change of 8,209,069,000 (7.6%).
- Net income of 11,110,844,000 contributed positively to equity growth.
- Dividend payments of 4,601,254,000 reduced retained earnings.
- Other comprehensive income decreased equity by 87,122,000.
- Other factors increased equity by 1,786,601,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹11.11 Billion | +9.54% |
| Dividends Paid | ₹4.60 Billion | -3.95% |
| Other Comprehensive Income | ₹-87.12 Million | -0.07% |
| Other Changes | ₹1.79 Billion | +1.53% |
| Total Change | ₹- | 7.58% |
Book Value vs Market Value Analysis
This analysis compares Gujarat State Petronet Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.39x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹14.42 | ₹265.20 | x |
| 2006-03-31 | ₹22.94 | ₹265.20 | x |
| 2007-03-31 | ₹17.72 | ₹265.20 | x |
| 2008-03-31 | ₹20.63 | ₹265.20 | x |
| 2009-03-31 | ₹21.59 | ₹265.20 | x |
| 2010-03-31 | ₹27.80 | ₹265.20 | x |
| 2011-03-31 | ₹35.50 | ₹265.20 | x |
| 2012-03-31 | ₹45.50 | ₹265.20 | x |
| 2013-03-31 | ₹53.93 | ₹265.20 | x |
| 2014-03-31 | ₹60.12 | ₹265.20 | x |
| 2015-03-31 | ₹67.13 | ₹265.20 | x |
| 2016-03-31 | ₹70.91 | ₹265.20 | x |
| 2017-03-31 | ₹78.85 | ₹265.20 | x |
| 2018-03-31 | ₹43.06 | ₹265.20 | x |
| 2019-03-31 | ₹58.42 | ₹265.20 | x |
| 2020-03-31 | ₹86.58 | ₹265.20 | x |
| 2021-03-31 | ₹113.28 | ₹265.20 | x |
| 2022-03-31 | ₹140.35 | ₹265.20 | x |
| 2023-03-31 | ₹167.47 | ₹265.20 | x |
| 2024-03-31 | ₹191.86 | ₹265.20 | x |
| 2025-03-31 | ₹206.41 | ₹265.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gujarat State Petronet Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.40%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.79x
- Recent ROE (9.54%) is below the historical average (17.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.97% | 7.89% | 0.21x | 2.42x | ₹-243.22 Million |
| 2006 | 5.14% | 17.72% | 0.15x | 1.92x | ₹-440.72 Million |
| 2007 | 9.25% | 28.15% | 0.15x | 2.18x | ₹-72.10 Million |
| 2008 | 8.76% | 23.91% | 0.15x | 2.38x | ₹-141.78 Million |
| 2009 | 10.16% | 25.32% | 0.16x | 2.48x | ₹18.93 Million |
| 2010 | 26.46% | 41.71% | 0.26x | 2.43x | ₹2.57 Billion |
| 2011 | 25.26% | 48.73% | 0.23x | 2.25x | ₹3.06 Billion |
| 2012 | 21.28% | 48.55% | 0.25x | 1.79x | ₹2.89 Billion |
| 2013 | 17.72% | 45.85% | 0.22x | 1.78x | ₹2.34 Billion |
| 2014 | 14.36% | 45.68% | 0.19x | 1.66x | ₹1.48 Billion |
| 2015 | 12.87% | 45.68% | 0.18x | 1.55x | ₹1.08 Billion |
| 2016 | 11.64% | 46.90% | 0.16x | 1.52x | ₹656.55 Million |
| 2017 | 12.47% | 9.39% | 1.00x | 1.32x | ₹1.10 Billion |
| 2018 | 30.53% | 10.21% | 0.61x | 4.93x | ₹4.98 Billion |
| 2019 | 30.30% | 10.69% | 0.75x | 3.78x | ₹6.69 Billion |
| 2020 | 35.40% | 14.12% | 0.92x | 2.73x | ₹12.41 Billion |
| 2021 | 25.14% | 13.93% | 0.81x | 2.22x | ₹9.68 Billion |
| 2022 | 20.69% | 9.11% | 1.18x | 1.93x | ₹8.46 Billion |
| 2023 | 17.37% | 9.06% | 1.05x | 1.83x | ₹6.97 Billion |
| 2024 | 15.33% | 9.60% | 0.91x | 1.76x | ₹5.77 Billion |
| 2025 | 9.54% | 6.40% | 0.83x | 1.79x | ₹-534.93 Million |
Industry Comparison
This section compares Gujarat State Petronet Limited's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $9,689,399,800
- Average return on equity (ROE) among peers: 22.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gujarat State Petronet Limited (GSPL) | ₹159.46 Billion | 3.97% | 0.37x | $879.26 Million |
| Adani Total Gas Limited (ATGL) | $7.15 Billion | 14.16% | 1.32x | $1.32 Billion |
| Gujarat Gas Limited (GUJGASLTD) | $7.29 Billion | 22.04% | 0.61x | $718.69 Million |
| Indraprastha Gas Limited (IGL) | $17.63 Billion | 25.42% | 0.62x | $1.14 Billion |
| IRM ENERGY LTD (IRMENERGY) | $336.21 Million | 33.70% | 4.38x | $23.70 Million |
| Mahanagar Gas Limited (MGL) | $16.04 Billion | 18.77% | 0.35x | $666.36 Million |