| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 41,350 | 35,429 | +16.7% |
| EBITDA | 7,098 | 3,669 | +93.5% |
| EBITDA margin | 17.2% | 10.4% | +6.8 pts |
| Profit before tax | 5,925 | 2,607 | +127.2% |
| Net profit | 4,671 | 2,382 | +96.1% |
| EPS | ₹7.10 | ₹3.60 | +97.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,08,344 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 959 | 959 | 1,317 | 1,146 | 244 | ||
| 242 | 242 | 243 | 199 | 180 | ||
| 19,964 | 19,964 | 16,307 | 18,608 | 16,275 | ||
| 1,27,592 | — | — | — | — | ||
| 1,48,016 | 1,42,094 | 1,42,291 | 1,33,500 | 1,45,875 | ||
| — | −0.1% | +6.6% | −8.5% | — | ||
| 14,939 | 11,510 | 15,432 | 14,296 | 7,488 | ||
| 10.1% | 8.1% | 10.9% | 10.7% | 5.1% | ||
| 11,110 | 7,675 | 11,633 | 10,624 | 4,786 | ||
| 9,870 | 7,582 | 12,463 | 9,903 | 5,596 | ||
| 6.7% | 5.3% | 8.8% | 7.4% | 3.8% | ||
| ₹15.02 | ₹11.53 | ₹18.93 | ₹15.06 | ₹8.54 | ||
| — | −39.1% | +25.8% | +76.3% | — | ||
| — | 11,249 | 15,735 | 12,586 | 3,205 | ||
| — | −8,806 | −7,930 | −12,501 | −8,831 | ||
| 2,442 | 2,442 | 7,805 | 84.6 | −5,626 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,08,344.5 | |
| - Cash, Equiv & ST Investments | 243.8 | 1,146.0 | 1,317.2 | 959.2 | 959.2 | |
| + Minority Interest | 179.6 | 198.6 | 242.9 | 242.1 | 242.1 | |
| + Total Debt | 16,274.9 | 18,608.0 | 16,307.4 | 19,964.2 | 19,964.2 | |
| Enterprise Value | — | — | — | — | 1,27,591.5 | |
| Revenue | 1,45,875.0 | 1,33,499.5 | 1,42,291.4 | 1,42,094.3 | 1,48,015.7 | |
| Growth %, YoY | — | -8.5 | +6.6 | -0.1 | — | |
| EBITDA | 7,488.0 | 14,296.3 | 15,431.8 | 11,510.1 | 14,938.6 | |
| Margin % | 5.13 | 10.71 | 10.85 | 8.10 | 10.09 | |
| EBIT | 4,786.4 | 10,624.3 | 11,632.6 | 7,675.1 | 11,109.7 | |
| Net Income | 5,595.9 | 9,902.8 | 12,462.9 | 7,581.5 | 9,870.3 | |
| Margin % | 3.84 | 7.42 | 8.76 | 5.34 | 6.67 | |
| EPS, Adj (current shares) | 8.54 | 15.06 | 18.93 | 11.53 | 15.02 | |
| Growth %, YoY | — | +76.3 | +25.8 | -39.1 | — | |
| Cash from Operations | 3,204.7 | 12,585.7 | 15,735.0 | 11,248.7 | — | |
| Capital Expenditures | -8,830.6 | -12,501.2 | -7,929.7 | -8,806.3 | — | |
| Free Cash Flow | -5,625.9 | 84.6 | 7,805.3 | 2,442.4 | 2,442.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
GAIL (NSE: GAIL) had a market capitalisation of ₹1,08,601 crore at the 29 October 2026 close (₹165.17 a share), a PE ratio of 11.0 on the last four quarters' profit and a price-to-book ratio of 1.22. In FY26 its consolidated net profit attributable to shareholders was ₹7,582 crore on revenue of ₹1,42,094 crore; in Q1 FY27 (April–June 2026) it was ₹4,665 crore, up 96.9% year on year. Its debt-to-equity ratio was 0.22 on 31 March 2026. Promoters held 51.85% of the shares on 30 September 2026.
GAIL's PE ratio is 11.0 at the 29 October 2026 close (₹165.17 a share): a market capitalisation of ₹1,08,601 crore divided by consolidated net profit attributable to shareholders of ₹9,879 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹7,582 crore) it is 14.3.
GAIL's price-to-book (PB) ratio is 1.22 at the 29 October 2026 close: a market capitalisation of ₹1,08,601 crore divided by shareholders' equity (book value) of ₹89,050 crore on 31 March 2026. That is a book value of ₹135.43 per share against a share price of ₹165.17.
GAIL's net worth — shareholders' equity in its consolidated balance sheet — was ₹89,050 crore on 31 March 2026, up 4.8% from ₹84,998 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,08,601 crore at the 29 October 2026 close.
GAIL's market capitalisation was ₹1,08,601 crore (₹1.09 lakh crore) at the 29 October 2026 close: 657.51 crore shares at ₹165.17 each.
No. GAIL had borrowings of ₹19,964 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.22. Its cash and current investments were ₹2,127 crore, so its net debt was ₹17,838 crore.
GAIL's basic earnings per share (EPS) were ₹11.53 in FY26, against ₹18.93 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹15.03.
GAIL's debt-to-equity ratio was 0.22 on 31 March 2026: borrowings of ₹19,964 crore against total equity of ₹89,292 crore. A year earlier, on 31 March 2025, it was 0.19.
GAIL's book value per share was ₹135.43 on 31 March 2026: shareholders' equity of ₹89,050 crore divided by the 657.51 crore shares in issue, up 4.8% from ₹129.27 a year earlier. The share price at the 29 October 2026 close was ₹165.17.
In 2026, GAIL has declared two dividends totalling ₹5.50 a share: ₹5 (interim) with record date 5 February 2026 and ₹0.50 with record date 2 September 2026.
In FY26, GAIL's return on equity (ROE) was 8.7% and its return on capital employed (ROCE) was 6.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.4% and ROCE 10.9%.
GAIL's dividend yield is 3.33% at the 29 October 2026 close: dividends of ₹5.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹165.17. They were ₹0.50 on 2 September 2026 and ₹5 on 5 February 2026 (interim).
On 30 September 2026, GAIL's shares were held by promoters 51.85%, foreign portfolio investors (FII/FPI) 16.59%, domestic institutions (DII) 17.98% (including mutual funds at 7.10%) and retail and other non-institutional investors 6.07%. Over the year, FII holding was up 2.87 percentage points from 13.72% and DII holding was down 2.00 percentage points from 19.98%.
Promoters held 51.85% of GAIL on 30 September 2026, up 0.06 percentage points from 51.79% the previous quarter and down 0.03 percentage points from 51.88% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, GAIL generated ₹11,249 crore of cash from operations and spent ₹8,806 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹2,442 crore. In FY25 it was ₹7,805 crore.
GAIL's latest results are for Q1 FY27 (April–June 2026), filed on 31 July 2026: consolidated net profit attributable to shareholders ₹4,665 crore, up 96.9% from ₹2,369 crore in Q1 FY26; revenue from operations ₹41,350 crore, up 16.7% year on year.
In FY26 (April 2025–March 2026), GAIL's consolidated net profit attributable to shareholders was ₹7,582 crore, down 39.1% from ₹12,450 crore in FY25, on revenue from operations of ₹1,42,094 crore (down 0.1%). Over three years, from FY23, net profit was up 35.0%.
GAIL will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, GAIL's PE ratio is 14.3, the highest of the four: Petronet LNG 11.1, IGL 12.8 and Indian Oil (IOC) 4.4, a peer average of 9.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Petronet LNG, IGL and Indian Oil (IOC): GAIL's operating margin of 5.4% is the lowest of the four (Petronet LNG 10.3%, IGL 7.4%, Indian Oil (IOC) 6.5%; peer average 8.1%); its return on equity of 8.7% is the lowest of the four (Petronet LNG 18.6%, IGL 14.0%, Indian Oil (IOC) 20.7%; peer average 17.8%); its revenue growth over three years of −0.9% a year is the second highest of the four (Petronet LNG −10.1% a year, IGL 4.6% a year, Indian Oil (IOC) −1.8% a year; peer average −2.4% a year).
In FY26, GAIL earned net profit attributable to shareholders of ₹7,582 crore on revenue of ₹1,42,094 crore, against ₹3,913 crore on ₹43,495 crore for Petronet LNG. GAIL's operating margin was 5.4% (Petronet LNG 10.3%) and its return on equity 8.7% (Petronet LNG 18.6%). At the 29 October 2026 close, GAIL's market capitalisation was ₹1,08,601 crore against ₹43,372 crore for Petronet LNG, and its PE ratio on FY26 profit 14.3 against 11.1.
From GAIL's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.