- Introduction to GAIL (India) Limited
- Financial Analysis of GAIL
- Historical Performance and Forecasts
- Revenue Generation
- GAIL (India) Limited Share Details
- Financial Performance and Future Prospects
- Future Prospects of GAIL (India) Limited
- FAQs:
- What will be the GAIL share price in 2024?
- What will be the GAIL share price in 2025?
- What will be the GAIL share price in 2026?
- What will be the GAIL share price in 2027?
- What will be the GAIL share price in 2028?
- What will be the GAIL share price in 2029?
- What will be the GAIL share price in 2030?
- What will be the GAIL share price in 2035?
- What will be the GAIL share price in 2040?
- What will be the GAIL share price in 2050?
- Is GAIL a good buy for the long term?
- What are the future prospects of GAIL?
- Is GAIL good for dividends?
- Is GAIL a debt-free company?
- Conclusion
Introduction to GAIL (India) Limited
Established in 1984, GAIL (India) Limited share price target 2024, 2025, 2027, 2030, 2040, formerly known as Gas Authority of India Limited, is a central public sector company. GAIL operates in various sectors, including natural gas, LNG, LPG transmission, petrochemicals, city gas distribution, and renewable energy.
Company Name | Market Cap | P/B Ratio | Book Value | Face Value | 52 Week High | 52 Week Low | Dividend Yield |
GAIL (India) Ltd | ₹1,56,895.98 Cr | 2.5 | ₹87.25 | ₹10 | ₹233.20 | ₹103.30 | 2.50% |
Financial Analysis of GAIL
To understand GAIL’s share price target, we need to examine key financial ratios and performance metrics.
PE Ratio | ROA | Current Ratio | ROE |
15.74 | 5.69% | 0.95 | 9.57% |
Historical Performance and Forecasts
GAIL has shown a bullish trend in the share market. Over the past six months, GAIL’s share price has grown by 47.25%. In the last year, it increased by 98.15%, and the maximum growth recorded was 2,463.12%.
Time Frame | Return |
Last 3 Months | 12.75% |
Last 1 Year | 96.97% |
Last 3 Years | 89.27% |
Last 5 Years | 102.54% |
Revenue Generation
GAIL (India) Limited generates revenue through its diverse operations across the natural gas value chain. The main sources of revenue for GAIL include:
Natural Gas Transmission:
GAIL owns and operates an extensive network of natural gas pipelines, facilitating the transmission of natural gas across the country. The company charges fees for transporting natural gas through its pipeline infrastructure, constituting a significant portion of its revenue. This transportation is crucial for supplying energy to various industries, power plants, and other consumers.
Natural Gas Marketing:
GAIL markets natural gas by purchasing it from domestic and international sources and selling it to various customers, including industrial units, power plants, and city gas distribution entities. The difference in buying and selling prices contributes to the company’s revenue.
Petrochemicals Business:
GAIL has diversified into the petrochemicals sector, manufacturing and marketing a range of petrochemical products such as polymers, chemicals, and fertilizers. Revenue is generated through the sale of these products to industries and consumers.
LPG Transmission and Marketing:
GAIL transmits Liquefied Petroleum Gas (LPG) through pipelines and markets LPG to households, commercial establishments, and industries, generating revenue from both transmission and marketing activities.
Exploration and Production:
While GAIL’s primary focus is on midstream activities, it also has a presence in the exploration and production of natural gas. Revenue is generated from the sale of natural gas produced from its exploration and production ventures.
GAIL (India) Limited Share Details
GAIL is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) with the following identifiers:
- BSE: 532155
- NSE: GAIL
Company Information:
- Sector: Oil & Gas
- Headquarter: Mumbai
- Foundation: 1984
- Key Person: Mr. Sandeep Kumar Gupta (CEO)
- Market Cap: Rs.1,02,242 Crore
- Revenue: Rs.1,44,301 Crore
- Official Website: GAIL
Share Price Targets:
The projected share price targets for GAIL in the coming years are as follows:
Period | Target 1 (₹) | Target 2 (₹) |
1 Year | 160.00 | 201.00 |
2 Years | 205.00 | 242.00 |
3 Years | 246.00 | 292.00 |
4 Years | 295 | 351 |
5 Years | 358.00 | 404.00 |
6 Years | 408.00 | 441.00 |
7 Years | 447 | 488 |
8 Years | 495.00 | 562.00 |
9 Years | 572 | 615 |
10 Years | 625.00 | 684.00 |
Note: These share price targets for “GAIL (India) Limited” are for reference purposes only and assume optimistic market conditions. Uncertainties regarding the company or the global market are not addressed in this analysis.
2024 Share Price Targets:
Month | Target 1 (₹) | Target 2 (₹) |
January | 160.00 | 163.00 |
February | 165.00 | 167.00 |
March | 169.00 | 172.00 |
April | 173 | 176 |
May | 177.00 | 179.00 |
June | 181.00 | 184.00 |
July | 185 | 186 |
August | 187.00 | 190.00 |
September | 192 | 195 |
October | 196.00 | 197.00 |
November | 198 | 199 |
December | 199 | 201 |
2025 Share Price Targets:
Month | Target 1 (₹) | Target 2 (₹) |
January | 205.00 | 207.00 |
February | 208.00 | 209.00 |
March | 211.00 | 213.00 |
April | 214 | 218 |
May | 220.00 | 221.00 |
June | 222.00 | 224.00 |
July | 226 | 228 |
August | 229.00 | 233.00 |
September | 234 | 236 |
October | 237.00 | 238.00 |
November | 239 | 240 |
December | 240 | 242 |
2026 Share Price Targets:
Month | Target 1 (₹) | Target 2 (₹) |
January | 246.00 | 247.00 |
February | 249.00 | 253.00 |
March | 255.00 | 258.00 |
April | 260 | 265 |
May | 265.00 | 267.00 |
June | 268.00 | 272.00 |
July | 274 | 277 |
August | 279.00 | 281.00 |
September | 281 | 282 |
October | 283.00 | 285.00 |
November | 286 | 289 |
December | 290 | 292 |
2027 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2027 | 295.00 | 351.00 |
2028 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2028 | 358.00 | 404.00 |
2029 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2029 | 408.00 | 441.00 |
2030 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2030 | 547.00 | 588.00 |
2035 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2035 | 697.00 | 748.00 |
2040 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2040 | 1,225.00 | 1,289.00 |
2050 Share Price Targets:
Year | Target 1 (₹) | Target 2 (₹) |
2050 | 1,860.00 | 1,955.00 |
Financial Performance and Future Prospects
From the last three years, GAIL’s share price has grown at a CAGR of 20.31%. In the past year alone, the share price grew by 62.64%, indicating a bullish trend. The company’s net sales were INR 32,858.23 Crore, with an EBITDA of 12.73 as of March 2023. The book value per share was INR 92.13, and the adjusted EPS was INR 7.10. GAIL’s net debt-to-equity ratio is 0.26, and the ROE is 9.53%, both indicating a strong financial position.
Investment Considerations:
- Long-Term Buy: GAIL has shown consistent sales growth of 26.13% over the past three years and profit growth of 2.18% over five years, with strong ROE and ROCE figures.
- Dividend Yield: GAIL has consistently provided dividends, ranging between 26-40% in the past five years.
- Debt: GAIL has approximately Rs. 14,000 Crore of debt, but this is manageable given its strong financial performance and low debt-to-equity ratio.
Future Prospects of GAIL (India) Limited
The future prospects for GAIL (India) Limited look promising due to several factors:
Growth in Natural Gas Sector:
The natural gas sector in India, including LPG and CNG, is expected to grow significantly in the coming years. Factors such as increasing demand for clean energy and government initiatives to promote gas usage to curb rising pollution could positively impact GAIL’s business.
Expansion of City Gas Distribution (CGD):
GAIL has expanded its reach by winning new licenses to operate CGD networks in 10 cities across India. This expansion will bring clean fuel access to more homes and businesses, contributing to revenue growth.
Investment in Renewable Energy:
GAIL is planning significant investments in renewable energy projects like solar and wind power, supporting the government in achieving India’s clean energy goals. This diversification will help mitigate risks associated with the natural gas market and position GAIL as a leader in the renewable energy sector.
Technological Advancements:
GAIL’s commitment to innovation and technological advancement is expected to enhance operational efficiency and drive growth.
Government Support:
With the government holding a majority stake, GAIL is well-positioned to influence market dynamics and play a significant role in shaping the development of the natural gas market in India.
Also Read: IRCTC Share Price Target 2024, 2025, 2026, 2030, 2040, 2050
FAQs:
Is GAIL a good buy for the long term?
Yes, GAIL is considered a good long-term investment due to its consistent sales and profit growth, strong financial ratios, and low debt-to-equity ratio.
What are the future prospects of GAIL?
GAIL is expected to continue growing due to its expansion in the natural gas and renewable energy sectors, along with its strategic initiatives and government support.
Is GAIL good for dividends?
Yes, GAIL has consistently provided dividends over the past five years, making it a reliable option for dividend-seeking investors.
Is GAIL a debt-free company?
No, GAIL has approximately Rs. 14,000 Crore of debt, but this is manageable given its strong financial performance and low debt-to-equity ratio.
Conclusion
GAIL (India) Limited stands out as a robust player in the natural gas industry with diversified business segments and strong financial performance. The company’s strategic initiatives, such as expanding CGD networks, investing in renewable energy, and leveraging technological advancements, position it well for sustained growth.
The projected share price targets indicate a positive outlook, with substantial growth expected in the coming years. Investors looking for long-term growth opportunities in the energy sector may find GAIL an attractive option, supported by its consistent performance and promising future prospects.
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