Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
GAIL India
UtilitiesBullish- Market cap
- ₹1,14,998 Cr
- P/E
- 11.6x
- ROE
- —
- Debt / equity
- 0.28
What the company does
GAIL (India) Limited operates as a natural gas processing and distribution company in India and internationally. It operates through Transmission Services, Natural Gas Marketing, Petrochemicals, LPG and Other Liquid Hydrocarbons, and Other segments. The company is involved in the transmission and marketing of natural gas through pipelines to the power, fertilizer, industrial, automotive, petrochemical, domestic, and commercial sectors; exploration and production activities; and marketing of compressed biogas, city gas, and biofuels. It also produces and markets liquefied petroleum gas (LPG), propane, pentane, naphtha, mixed fuel oil, ethylene, propylene, and polypropylene; and manufactures petrochemicals, such as high-density and linear low-density polyethylene. In addition, the company generates wind and solar power. GAIL (India) Limited was incorporated in 1984 and is based in New Delhi, India.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)11.6xStrong
You are paying 11.6 years of current profit for each share. The earnings yield is 8.6%.
- P/B (price to book)1.3xStrong
The market values the company at 1.3× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA9.1xStrong
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield3.14%Strong
Pays 3.14% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity—No data
Not available.
- Return on assets—No data
Not available.
- Operating margin14.8%Fair
Keeps ₹14.8 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin6.7%Fair
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.28Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹24831.49 CrNo data
Against cash of ₹2126.66 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+16.7%Strong
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)+97.2%Strong
Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.
- Revenue (TTM)₹1,47,485 CrNo data
EBITDA of ₹15147.22 Cr and operating cash flow of —.
- PEG ratio—No data
Not available.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹1,38,697 Cr | ₹1,37,288 Cr | ₹1,33,500 Cr | ₹1,45,875 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹7582.47 Cr | ₹12449.80 Cr | ₹9899.22 Cr | ₹5616.00 Cr |