Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of GAIL (India) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 33,207 | 32,789 | 32,986 | 34,698 | 32,756 | 34,738 | 33,889 | 36,835 | 36,440 | 35,311 | 35,537 | 35,173 | 35,577 |
| Expenses + | 32,651 | 30,128 | 29,405 | 30,490 | 28,908 | 29,948 | 29,952 | 33,665 | 32,914 | 31,642 | 32,077 | 32,246 | 34,123 |
| Operating Profit | 556 | 2,660 | 3,580 | 4,208 | 3,849 | 4,790 | 3,937 | 3,169 | 3,526 | 3,669 | 3,460 | 2,927 | 1,453 |
| OPM % | 2% | 8% | 11% | 12% | 12% | 14% | 12% | 9% | 10% | 10% | 10% | 8% | 4% |
| Other Income + | 871 | 529 | 595 | 915 | 651 | 685 | 643 | 3,211 | 674 | 566 | 516 | 683 | 1,250 |
| Interest | 107 | 185 | 200 | 176 | 159 | 209 | 188 | 169 | 174 | 213 | 234 | 254 | 263 |
| Depreciation | 631 | 722 | 837 | 872 | 1,241 | 1,152 | 922 | 939 | 786 | 993 | 1,177 | 1,192 | 474 |
| Profit before tax | 689 | 2,283 | 3,138 | 4,075 | 3,099 | 4,114 | 3,470 | 5,272 | 3,240 | 3,029 | 2,565 | 2,165 | 1,966 |
| Tax % | 7% | 21% | 22% | 22% | 20% | 23% | 22% | 23% | 23% | 21% | 22% | 20% | 25% |
| Net Profit + | 643 | 1,793 | 2,442 | 3,193 | 2,474 | 3,183 | 2,690 | 4,084 | 2,506 | 2,382 | 1,989 | 1,729 | 1,481 |
| EPS in Rs | 0.96 | 2.73 | 3.72 | 4.86 | 3.75 | 4.84 | 4.10 | 6.21 | 3.79 | 3.60 | 3.00 | 2.67 | 2.26 |
Financials of GAIL (India) Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 60,557 | 52,053 | 48,552 | 54,496 | 76,190 | 72,518 | 57,372 | 92,770 | 145,668 | 133,228 | 141,903 | 141,598 |
| Expenses + | 54,926 | 47,517 | 42,531 | 46,695 | 66,252 | 63,495 | 50,127 | 77,608 | 138,168 | 118,914 | 126,410 | 130,088 |
| Operating Profit | 5,631 | 4,536 | 6,021 | 7,802 | 9,938 | 9,022 | 7,245 | 15,161 | 7,500 | 14,314 | 15,493 | 11,510 |
| OPM % | 9% | 9% | 12% | 14% | 13% | 12% | 13% | 16% | 5% | 11% | 11% | 8% |
| Other Income + | 945 | 731 | 1,212 | 948 | 1,719 | 3,796 | 2,833 | 2,925 | 2,822 | 2,672 | 5,149 | 3,014 |
| Interest | 652 | 822 | 509 | 295 | 159 | 309 | 179 | 202 | 365 | 719 | 748 | 964 |
| Depreciation | 1,433 | 1,496 | 1,541 | 1,527 | 1,667 | 2,080 | 2,174 | 2,420 | 2,702 | 3,672 | 3,799 | 3,835 |
| Profit before tax | 4,492 | 2,949 | 5,183 | 6,928 | 9,831 | 10,429 | 7,725 | 15,464 | 7,256 | 12,595 | 16,096 | 9,725 |
| Tax % | 32% | 37% | 35% | 31% | 33% | 9% | 20% | 20% | 23% | 21% | 23% | 22% |
| Net Profit + | 3,160 | 1,874 | 3,374 | 4,805 | 6,553 | 9,515 | 6,143 | 12,304 | 5,596 | 9,903 | 12,463 | 7,582 |
| EPS in Rs | 4.67 | 2.76 | 4.98 | 7.09 | 9.68 | 13.93 | 9.21 | 18.40 | 8.54 | 15.06 | 18.93 | 11.53 |
| Dividend Payout % | 24% | 37% | 56% | 43% | 25% | 31% | 36% | 36% | 59% | 37% | 40% | 48% |
Financials of GAIL (India) Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,268 | 1,268 | 1,691 | 2,255 | 2,255 | 4,510 | 4,440 | 4,440 | 6,575 | 6,575 | 6,575 | 6,575 |
| Reserves | 32,754 | 35,135 | 37,614 | 39,424 | 43,749 | 44,758 | 48,742 | 59,674 | 58,352 | 70,422 | 78,422 | 82,474 |
| Borrowings + | 18,291 | 9,052 | 6,553 | 3,876 | 2,224 | 6,912 | 7,873 | 9,216 | 17,816 | 21,794 | 21,595 | 24,831 |
| Other Liabilities + | 17,355 | 13,608 | 12,433 | 15,798 | 20,199 | 18,754 | 19,975 | 23,254 | 25,062 | 25,944 | 26,583 | 26,656 |
| Total Liabilities | 69,669 | 59,063 | 58,291 | 61,353 | 68,426 | 74,934 | 81,030 | 96,584 | 107,805 | 124,735 | 133,176 | 140,537 |
| Fixed Assets + | 33,976 | 29,946 | 30,092 | 30,480 | 32,700 | 38,230 | 41,160 | 44,572 | 49,697 | 55,188 | 58,836 | 68,667 |
| CWIP | 13,806 | 3,688 | 4,126 | 5,938 | 9,738 | 11,666 | 13,400 | 15,490 | 16,646 | 23,627 | 27,421 | 24,072 |
| Investments | 1,272 | 9,844 | 10,125 | 10,452 | 10,722 | 9,893 | 13,058 | 16,408 | 17,248 | 21,910 | 22,765 | 26,233 |
| Other Assets + | 20,615 | 15,584 | 13,948 | 14,482 | 15,267 | 15,145 | 13,413 | 20,114 | 24,214 | 24,010 | 24,155 | 21,564 |
| Total Assets | 69,669 | 59,063 | 58,291 | 61,353 | 68,426 | 74,934 | 81,030 | 96,584 | 107,805 | 124,735 | 133,176 | 140,537 |
Financials of GAIL (India) Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 4,214 | 3,960 | 6,024 | 8,769 | 7,984 | 8,345 | 8,993 | 9,420 | 3,205 | 12,586 | 15,735 | 11,249 |
| Cash from Investing Activity + | -2,809 | -904 | -334 | -2,660 | -5,701 | -8,299 | -4,640 | -5,490 | -7,453 | -8,226 | -6,623 | -9,154 |
| Cash from Financing Activity + | -3,058 | -3,028 | -5,275 | -5,252 | -3,364 | 281 | -3,471 | -3,917 | 2,972 | -3,457 | -8,941 | -2,750 |
| Net Cash Flow | -1,653 | 29 | 415 | 858 | -1,081 | 328 | 882 | 13 | -1,276 | 902 | 171 | -655 |
| Free Cash Flow | 1,498 | 2,500 | 4,029 | 5,370 | 443 | -890 | 3,309 | 2,481 | -5,548 | 98 | 7,818 | 2,451 |
| CFO/OP | 93% | 103% | 120% | 130% | 102% | 121% | 142% | 84% | 64% | 111% | 118% | 113% |
Financials of GAIL (India) Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 19 | 21 | 23 | 21 | 24 | 22 | 29 | 27 | 26 | 24 | 22 |
| Inventory Days | 18 | 14 | 17 | 17 | 16 | 21 | 25 | 19 | 17 | 20 | 20 | 16 |
| Days Payable | 26 | 25 | 27 | 35 | 24 | 25 | 37 | 28 | 20 | 22 | 24 | 19 |
| Cash Conversion Cycle | 12 | 8 | 11 | 6 | 13 | 20 | 10 | 20 | 23 | 24 | 20 | 19 |
| Working Capital Days | -12 | -17 | -10 | -24 | -5 | -10 | -24 | -6 | -6 | -8 | -8 | -15 |
| ROCE % | 10% | 8% | 12% | 16% | 22% | 20% | 13% | 23% | 10% | 15% | 14% | 10% |