GAIL (India) Ltd.    
17 Aug 2020
84.55
-1.11%
SMC online
Segment wise, natural gas transmission revenue stood at Rs 1268.13 crore, down by 14% YoY and accounted for 8% of sales. PBIT from the same was down by 17% to Rs 716.65 crore with PBIT margin at 56.5% as compared to 58.1% for June19 quarter. LPG transmission revenues stood at Rs 153.55 crore up by 14% YoY and accounted for 1% of sales. PBIT from the same rose 32% to Rs 81.48 crore. PBIT margins stood at 53.1% as compared to 45.7% for June19 quarter. Natural gas marketing segment revenue stood at Rs 11635.38 crore down by 38% YoY and accounted for 73% of sales. PBIT from the same was loss of Rs 614.06 crore compared to profit...
GAIL (India) Ltd. has lost -31.29% in the last 1 Year
GAIL (India) Ltd.    
14 Aug 2020
84.55
-1.11%
HDFC Securities
Brigade Enterprises: BRGD reported 1QFY21 pre-sales volume/value at 0.42mn sqft/Rs 2.5bn, registering decline of 63%/58% YoY. While leasing activity was conspicuous by its absence, rental collection from existing portfolio remained healthy at 98% in 1QFY21. The company has given 50% waiver on MG during the lockdown for the retailers who have reopened at the mall. BRGD has started operations at hospitality assets and hopes to achieve gross operating breakeven by 2QFY21. Collection of Rs 3.8bn led to positive operating cashflow of Rs 820mn. Net debt also remained stable at Rs 29bn (Rs 28bn at FY20-end, BRGD's share). Despite midterm challenges in hospitality and retail business, we maintain BUY with target price of Rs 213/sh as BRGD has strong liquidity. Lease tie-up in BTG Bengaluru will lead to further re-rating. Balaji Amines: Our BUY recommendation on Balaji Amines with a price target of INR 785 is premised on (1) robust demand from pharma and agrochemical industry that comprise 77% of its revenue mix, and (2) faster-than-anticipated recovery in plant utilisation. 1Q EBITDA/APAT was 41/71% above our estimates, attributable to (1) 10% higher sales volumes and (2) 28% higher per-kg EBITDA. JMC Projects: JMC Project's (JMC) 1QFY21 financial performance has been severely impacted as its order book has a high exposure to the worst-affected urban regions, mainly in the buildings and factories segment (58% of order backlog). With almost a one-month loss due to the lockdown, execution is now gradually ramping up with labour availability improving from 60% to 75% QoQ. Despite weak execution, order intake has been...
GAIL (India) Ltd. has an average target of 130.40 from 11 brokers.
GAIL (India) Ltd.    
14 Aug 2020
84.55
-1.11%
Nirmal Bang Institutional
Gas trading loss looms large in massive miss NBIE Values your patronage- Vote for The Team in the Asia Money poll 2020. Click Here GAIL's 1QFY21 results were disastrous, with revenue beat of 25.16%/(13.3%) at Rs120.87bn and PAT miss of 76.61%/75.5% at Rs2.56bn vs NBIE/street estimates. The gas marketing segment reported EBITDA loss at Rs5.17bn vs profit of Rs8.61bn/Rs6.31bn YoY/QoQ. During the concall, the management reported a revival across all segments to near precovid volumes that could still be at risk from future lockdowns, which is unpredictable. The management could not explain why such a steep loss in the gas trading segment earnings...
GAIL (India) Ltd. is trading below all available SMAs
GAIL (India) Ltd.    
14 Aug 2020
84.55
-1.11%
buy
Dolat Capital
Significant impact in physical performance coupled with lower price realisations. Maintain Accumulate GAIL's Q1FY21 results were below our estimates on revenue front and...
GAIL (India) Ltd. has lost -31.29% in the last 1 Year
GAIL (India) Ltd.    
14 Aug 2020
84.55
-1.11%
buy
ICICI Securities Limited
Gas transmission segment volumes were down 14.4% YoY at 90.2 mmscmd (our estimate: 97.5 mmscmd) as offtake was lower due to impact of lockdown. Going ahead, we estimate transmission volumes at 109 mmscmd, 127.5 mmscmd for FY21E, FY22E, respectively, due to additional domestic gas from newer fields. The gas transmission EBIT at | 716.7 crore, was down 16.6% YoY but above our estimates due to lower costs. Gas trading volumes declined 15.9% YoY to 81.2 mmscmd. Gas trading reported loss of | 545.5 crore (estimated profit: | 214.9 crore) as the company had to...
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GAIL (India) Ltd. is trading below all available SMAs
GAIL (India) Ltd.    
13 Aug 2020
84.55
-1.11%
BOB Capital Markets Ltd.
GAIL's Q1FY21 PAT was below estimates at Rs 2.6bn (80% YoY).
GAIL (India) Ltd.'s price crossed below SMA30 today
GAIL (India) Ltd.    
13 Aug 2020
84.55
-1.11%
Prabhudas Lilladhar
Weak performance: GAIL reported sharply lower than expected Q1FY21 results- EBITDA Rs6.2bn (PLe: Rs16.9bn; -72% YoY) and PAT at Rs2.5bn (PLe Rs11.0bn; -80% YoY), respectively. Profit was dragged by lower...
GAIL (India) Ltd. is trading below all available SMAs
GAIL (India) Ltd.    
02 Aug 2020
84.55
-1.11%
HDFC Securities
On FY22E, GAIL, GSPL and PLNG are trading at a PER of 6.4-11.9x, a 17-39% discount to their five-year average. By FY22E, operating cash flows should improve by up to 21% YoY, and FCF yield should increase up to 1,020bps YoY for these three companies. A sharp increase in domestic gas supply growth, from no growth over FY17FY20 to a 12% CAGR over FY21FY24E, and the uneven impact of COVID-19 on various gas consumers should shuffle the deck in the gas utilities sector. Coupled with global excess supply (over demand) keeping LNG prices competitive, this should benefit Indian gas utilities. We expect supply and (low) price led 9.8% CAGR in Indian natural gas demand over FY2124E to drive earnings growth of 42-45% (FY21FY23E) as well as stock price upside potential of over 19-27% for our top picks GAIL, GSPL, and Petronet LNG. Rising capacity utilisation should drive growth for these stocks, which currently trade at compelling valuations.
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GAIL (India) Ltd.'s price crossed below SMA30 today
GAIL (India) Ltd.    
29 Jun 2020
84.55
-1.11%
SMC online
GAIL (India) consolidated net sales of the company fell 6% to Rs 17922.79 crore in Q4FY20 compared to Q4FY19. OPM of the company rose 660 bps to 15.9% leading to 62% increase in operating profits to Rs 2841.93 crore. Other income was up 17% to Rs 955.56 crore. As a result PBDIT increased 48% to 3797.49 crore. Interest cost rose 787% to Rs 215.62 crore while depreciation rose 31% to Rs 639.89 crore. PBT was up 43% to Rs 2941.98 crore....
GAIL (India) Ltd.'s price crossed below SMA30 today
GAIL (India) Ltd.    
26 Jun 2020, 12:00AM
84.55
-1.11%
Nirmal Bang Institutional
Healthy beat offsets risk to gas trading margin NBIE Values your patronage- Vote for The Team in the Asia Money poll 2020. Click Here GAIL's results were a beat across key segments, driving revenue beat of 25.9% at Rs177.53bn and PAT beat of 255% at Rs29.16bn vs NBIE/street estimates. During the webanalyst meet, management reported normal operations in petchem, LPG and HC and expects a revival in prices/margins. However, the company cautioned about some delay in the gas business returning to pre-COVID levels as the CNG market is down 50% due to the lockdown in key markets Delhi and Mumbai. The work on ongoing projects, including the...
GAIL (India) Ltd. has an average target of 130.40 from 11 brokers.