Gujarat Gas Limited

NSE GUJGASLTD.NS

Gujarat Gas Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.02

Gujarat Gas Limited Debt to Equity Ratio is 0.02 for the year ending March 31, 2024, a -10.22% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Gujarat Gas Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.02, a -80.60% change year over year.
  • Gujarat Gas Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.11, a -48.41% change year over year.
  • Gujarat Gas Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.22, a -65.06% change year over year.
  • Gujarat Gas Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.62, a -38.26% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NSE: GUJGASLTD.NS

Gujarat Gas Limited

CEO Mr. Sandeep Dave
IPO Date Sept. 15, 2015
Location India
Headquarters 2, Shanti Sadan Society
Employees 942
Sector Utilities
Industries
Description

Gujarat Gas Limited engages in the distribution of natural gas in India. It operates a network of approximately 33,500 kilometers of gas pipeline and 721 compressed natural gas stations. As of March 31, 2022, the company supplied piped natural gas to approximately 17 lakh households; approximately 4,300 industrial customers; and approximately 13,600 commercial and non-commercial customers. It operates in 21 districts of the state of Gujarat, 9 districts of the state of Punjab, 5 districts of the state of Madhya Pradesh, 4 districts of the state of Rajasthan, 2 districts of the state of Maharashtra, 2 districts of the state of Haryana, and Dadra and Nagar Haveli in the Union Territory of Dadra and Nagar Haveli and Daman and Diu. The company was formerly known as GSPC Distribution Networks Limited and changed its name to Gujarat Gas Limited in May 2015. Gujarat Gas Limited was incorporated in 2012 and is based in Ahmedabad, India. Gujarat Gas Limited is a subsidiary of Gujarat State Petronet Limited.

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StockViz Staff

January 15, 2025

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