Gas Distribution Stocks In India: It is always a good India to invest in companies that are indulged in producing evergreen products like LPG.
So today we have listed the Top 5 Gas Distribution Stocks In India
Gas Distribution Stocks In India
5 Best Gas Distribution Stocks In India
Top 5 Gas Distribution Stocks In India In India are as follows:
Adani Gas Limited
Gas Distribution Stocks In India: Adani Gas Limited is an integrated oil and gas sector company. The total valuation (market value) of the company is ₹40,192 crore. The price of one share of the company is ₹365.00 in the BSE market and ₹365.90 in the NSE market. Adani Gas Limited was established in the year 2005.
As per the report provided by the company, the total income for the last year stood at Rs 1,918.94 crore and the total sales stood at Rs 1,874.55 crore. The company’s net profit stood at Rs 436.24 crore. Adani Gas Limited has paid a tax of -133.11 crores in the current year.
PROS
- Company is expected to give good quarter
- Company has delivered good profit growth of 28.92% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.25%
CONS
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GAIL (India) Limited
Gas Distribution Stocks In India: GAIL (India) Limited (GAIL India) Utilities: is a non-electric sector company. The total valuation (market value) of the company is ₹68,248 crore. The price of one share of the company is ₹156.20 in the BSE market and ₹156.30 in the NSE market. GAIL (India) Limited was established in the year 1984.
As per the report provided by the company, the total income for the last year stood at Rs.73,486.84 crore and the total sales stood at Rs.71,870.96 crore. The company’s net profit stood at Rs 6,620.63 crore. GAIL (India) Limited has paid tax of Rs -1,955.52 crore in the current year.
PROS
- Company is almost debt free.
- Stock is trading at 1.16 times its book value
- Stock is providing a good dividend yield of 5.76%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 30.47%
CONS
- The company has delivered a poor sales growth of 1.97% over past five years.
Gujarat Gas Limited
Gas Distribution Stocks In India: Gujarat Gas Limited is an integrated oil and gas sector company. The total valuation (market value) of the company is ₹38,501 crore. The price of one share of the company is ₹571.30 in the BSE market today and ₹570.55 in the NSE market today. The company was established in the year 2012.
As per the report provided by the company, the total income for the last year stood at Rs 10,384.03 crore and the total sales stood at Rs 10,300.34 crore. The company’s net profit stood at Rs 1,193.32 crore. Gujarat Gas Limited has paid tax of -280.12 crores in the current year.
PROS
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 41.67% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.15%
CONS
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Indraprastha Gas Ltd.
Gas Distribution Stocks In India: Indraprastha Gas Ltd. Utilities: is a non-electric sector company. The total valuation (market value) of the company is ₹25,613 crore. The price of one share of the company is ₹381.30 in the BSE market today and ₹381.30 in the NSE market today. The company was established in the year 1998.
As per the report provided by the company, the total income for the last year stood at Rs.6,641.65 crore and the total sales stood at Rs.6,485.27 crore. The company’s net profit stood at Rs 1,136.54 crore. Indraprastha Gas Lia mited has paid tax of Rs.344.18 crore in the current year.
PROS
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.89% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.94%
CONS
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Mahanagar Gas
Gas Distribution Stocks In India: Mahanagar Gas Utilities: Non-Electric Sector Company. The total valuation (market value) of the company is ₹7,365 crores. The price of one share of the company is ₹762.70 in the BSE market today and ₹762.70 in the NSE market today. The company was established in the year 1995.
As per the report provided by the company, the total income for the last year stood at Rs 3,071.081 crore and the total sales stood at Rs 2,972.128 crore. The company’s net profit stood at Rs 793.51 crore. Mahanagar Gas Limited has paid tax of -238.005 crores in the current year.
PROS
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.02%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 40.54%
CONS
- The company has delivered a poor sales growth of 11.85% over past five years.
- Promoter holding is low: 32.50%
- Promoter holding has decreased over last 3 years: -10.00%
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