Gujarat Gas Limited — Q1FY27 earnings call summary

Filed 17 August 2026 · Official transcript

CNG volume grew 13% to 3.76 mmscmd; 75 new stations planned in FY27
PNG industrial volume up 64% to 7.17 mmscmd; Morbi cluster volume surged 181% vs Q4 FY26
Capex guidance ~1000cr for CGD in FY27; no capex for gas trading
Q1 FY27 revenue 9670cr +63% y-y; EBITDA 1482cr +65% y-y; PAT 998cr +78% y-y
Gas trading profit rose 206% to 726cr; margin guidance 1100-1200cr for FY27
Cash balance ~7200cr; plans for propane import terminal underway
Morbi gas price ~78 Rs/scm vs propane 65 Rs/scm; current Morbi volume ~3 mmscmd
Long-term LNG contracts signed; 28% volumes on term basis, aiming 4mt by 2030