Company: GAIL (India) Ltd. Category: IPO Notes

The Petroleum & Natural Gas Regulatory Board (PNGRB) is expected to announce a tariff hike for the Hazira-Vijaipur-Jagdishpur (HVJ) and expansion pipelines soon
March 18, 2019, 3:19 p.m.

We increase our estimates for FY19E by 13% for FY19E to factor in higher than expected trading gains. For FY20/21E, earnings change is 2%.
Feb. 5, 2019, 11:54 a.m.

In September 2018, the Petroleum and Natural Gas Regulatory Board (PNGRB) approved the final initial tariffs for three pipeline networks of GAIL (including subnetworks) and two pipelines of GSPL, with effect from FY19.
Oct. 22, 2018, 11:09 a.m.

Record operating profits due to higher gas sales post start of US LNG and Gazprom volumes.
Aug. 13, 2018, 10:18 a.m.

GAIL (India): Q3FY18 Result Review
Feb. 14, 2018, 12:56 p.m.

GAIL delivered 24% EBITDA growth driven by improvement in transmission, trading & LPG segment. Petchem saw pricing pressure along with increase in cost. GAIL’s business model is geared towards higher oil price and lower LNG price.
Nov. 21, 2017, 2:58 p.m.
Author : Equirus | Publisher:

GAIL India: Remain concerned on US contracts; higher tariffs pose upside risk
Nov. 1, 2017, 12:46 p.m.

GAIL has multiple growth drivers in the medium term led by improving profitability at the Petrochemicals and LPG division. We expect GAIL’s earnings to increase at 16% CAGR over FY18‐20E. Rs513
Oct. 10, 2017, 4:45 p.m.

GAIL (India): Reiterate 'Buy' with an increased target price, says Prabhudas Lilladher
Oct. 10, 2017, 2:16 p.m.

GAIL reported strong Q1FY18 results‐ EBITDA and PAT at Rs18.9bn (+19% YoY, +22% QoQ) and Rs10.3bn (+21% YoY,  ‐2% QoQ), respectively. Operating results were higher than our estimates of Rs15.8bn partly due to staff cost write back of Rs1.6bn. Operating performance was supported by higher LPG profitability partly impacted by petrochemicals plant shutdown.
Aug. 31, 2017, 5:07 p.m.

  • 1