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Gujarat Energy Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹9,857 CrSee revenue, profit and what management said. You are viewing Q1 FY26.
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Gujarat Energy Ltd

Q1 FY26Gas

Gujarat Energy Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 earnings call: what management said on revenue, margins and capex.

Revenue
₹5,851Cr
+31.5% YoY
Net profit
₹547Cr
+65.3% YoY
Margin
14%
+2 pp YoY

Gujarat Energy Ltd Q1 FY26 key numbers

Revenue
CNG volume growth expected to exceed last year's 11%, supported by addition of ~70 FDODO stations and increasing CNG vehicle fleet (~2 lakh added recently).

As stated in Gujarat Energy Ltd's Q1 FY26 earnings call transcript · published 26 Aug 2026. Reported figures, not investment advice.

Price₹256
Market cap₹24.7K Cr
P/E12.6

The short version

Morbi industrial gas volumes expected to be 2.3-2.5 MMSCMD in Q2, slightly lower than Q1 due to festivals and production shutdowns. CNG business is expected to grow significantly, with potential volume growth exceeding 11% YoY and possibly higher for FY '26 due to increasing CNG vehicle numbers and FDODO scheme expansion.

From Gujarat Energy Ltd's Q1 FY26 earnings-call transcript · updated 26 Aug 2026.

Revenue & Sales Performance

  • Morbi industrial gas volumes expected to be 2.3-2.5 MMSCMD in Q2, slightly lower than Q1 due to festivals and production shutdowns.
  • Non-Morbi volumes showing good uptake with long-term contracts targeting bulk consumers in regions like Vapi and Valsad.
  • CNG volume growth expected to exceed last year's 11%, supported by addition of ~70 FDODO stations and increasing CNG vehicle fleet (~2 lakh added recently).
  • Target to cover around two-thirds of Morbi market with long-term LNG contracts in the next 5 years.
  • Potential industrial volumes could reach 6 MMSCMD in Morbi and 2.5 MMSCMD in non-Morbi if LNG prices become favorable.

2 more points from Gujarat Energy Ltd's call on revenue

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Profitability & Margins

See what Gujarat Energy Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

- No significant CAPEX is planned for the new propane or LPG supply chain business, except for booking capacity in terminals. - For CNG station expansion under the FDODO franchisee model, Gujarat Gas has signed about 70 agreements with 52 applications submitted and 43 approvals received, expecting double-digit station addition before December. - New GAs (Geographical Areas) development including Punjab and other areas will require CAPEX, with an expected payback and positive ROCE timeline of 3-5 years. - Long-term LNG contracts are targeted to cover about two-thirds of the Morbi market volume in the future. Overall, capex is primarily focused on gas infrastructure expansion and terminal capacity booking rather than substantial investments for propane or LPG supply chain.

Top-ranked in Gas

Ranked on what management guided this quarter

Guidance-ranked
1Aegis Logistics
Rev 2Mar 3
2GAIL (India)
Rev 3Mar 3
3
Rev 3Mar 3
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Gujarat Energy Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The discussion primarily focuses on: - Gas sourcing details (long-term and short-term contracts) - Sales mix and margins related to gas volumes and propane distribution - Infrastructure related to LPG terminals and CNG station rollout

2 more points from Gujarat Energy Ltd's call on order book

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Gujarat Energy Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Gujarat Energy Ltd Q1 FY26 results — key figures

Gujarat Energy Ltd Q1 FY26 reported results vs Q1 FY25, ₹ crore
₹ CrQ1 FY26Q1 FY25YoYQ4 FY25QoQ
Revenue5,8514,450+31.5%4,102+42.6%
Operating profit (EBITDA)837536+56.2%450+86%
Operating margin14%12%+2 pp11%+3 pp
Profit before tax728444+64%389+87.1%
Net profit (PAT)547331+65.3%288+89.9%
EPS (₹)8.554.80+78.1%4.18+104.5%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹9.6K Cr, net profit ₹490 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Gujarat Energy Ltd's management said in earlier quarters

Earlier calls (7)

Others in Gas this season

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  • Mahanagar Gas (Q1 FY26)

    Domestic CNG sales and industrial/commercial sales showed increases of 3.88% and 26.09% YoY respectively in Q1 FY'26. Key concall takeaways from Mahanagar Gas…

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Frequently Asked Questions

What were Gujarat Energy Ltd Q1 FY26 results?

Morbi industrial gas volumes expected to be 2.3-2.5 MMSCMD in Q2, slightly lower than Q1 due to festivals and production shutdowns. CNG business is expected to grow significantly, with potential volume growth exceeding 11% YoY and possibly higher for FY '26 due to increasing CNG vehicle numbers and FDODO scheme expansion.

What is Gujarat Energy Ltd share price analysis?

Gujarat Energy Ltd currently shows a neutral. The stock trades at a P/E of 12.6 with a market cap of ₹24,708 Cr. Investors should review the full earnings analysis for detailed insights.

Is Gujarat Energy Ltd planning capital expenditure?

No significant CAPEX is planned for the new propane or LPG supply chain business, except for booking capacity in terminals.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.