Gujarat Gas Q4 Results FY26: Revenue, PAT, Net Profit and Key Highlights

Gujarat Gas Q4 results for the quarter ended March 2026 show revenue of Rs 5792 crore (+41% year on year) and net profit of Rs 130 crore (-55% year on year). Reported on a Consolidated basis, these numbers reflect Gujarat Gas’s core City Gas Distribution performance through Q4 FY25-26. This article covers the full financial breakdown, margin analysis, and FY27 outlook to help investors make informed decisions about Gujarat Gas.

Click Here – Get Free Investment Predictions

Gujarat Gas Q4 FY26 Financial Highlights

The table below summarises key financial metrics comparing Q4 FY26 with Q4 FY25 on a Consolidated basis.

Metric	Q4 FY26 (Rs Cr)	Q4 FY25 (Rs Cr)	YoY Change
Revenue from Operations	5792	4102	+41%
Gross Profit	385	321	+20%
Gross Margin	6.6%	7.8%
Net Profit (PAT)	130	287	-55%
PAT Margin	2.2%	7.0%

Detailed Analysis of Gujarat Gas Q4 Results

Check the Univest Screener for live Gujarat Gas data

Revenue grew to Rs 5792 crore in Q4 FY26 from Rs 4102 crore in the year-ago quarter, a +41% change year on year. The City Gas Distribution segment drove the top line through this period, with demand conditions and pricing realisations shaping the quarterly revenue outcome. Investors tracking Gujarat Gas Q4 results are watching whether this revenue run rate sustains into FY27.

Gross profit stood at Rs 385 crore at a margin of 6.6%, compared to Rs 321 crore and 7.8% in Q4 FY25. The gross margin movement reflects input cost dynamics and product mix across Gujarat Gas’s operations. Kunal Singla, Associate Director at Univest, notes that margin outcomes in the City Gas Distribution sector are sensitive to commodity cost cycles that played out through Q4 FY26.

Net profit fell to Rs 130 crore from Rs 287 crore in Q4 FY25. At a PAT margin of 2.2%, the earnings quality reflects how efficiently Gujarat Gas is converting revenue to bottom-line income. Kunal Singla highlights that the Gujarat Gas Q4 results set a key profitability baseline for assessing FY27 earnings potential.

Key Business Factors in Q4 FY26

Revenue Drivers and Volume Trends

The +41% revenue change to Rs 5792 crore in Q4 FY26 reflects Gujarat Gas’s demand conditions and order execution in the City Gas Distribution space. Volume performance, customer mix, and realisation per unit each contributed to the quarterly top-line figure. Whether this revenue level is sustainable into FY27 remains a key question for investors tracking the stock.

Gross Margin and Cost Management

A gross margin of 6.6% in Q4 FY26 reflects Gujarat Gas’s cost management posture within the City Gas Distribution segment. Input cost trends, freight expenses, and production efficiencies shaped this outcome. Sustaining or improving gross margins into FY27 will depend on Gujarat Gas’s ability to control costs as revenue scales through the year.

Profitability and Earnings Quality

Net profit of Rs 130 crore at a 2.2% PAT margin reflects Gujarat Gas’s earnings conversion in Q4 FY26. Finance costs, tax provisions, and non-operating items all influence the final PAT figure. The repeatability of these earnings will be central to how the company is valued heading into FY27.

Dividend Details

Gujarat Gas has not announced any dividend for Q4 FY26 as per information available on May 30, 2026. Investors should track official BSE/NSE filings for any board-level decisions on dividends or capital return for the full financial year FY26.

FY27 Outlook

Gujarat Gas enters FY27 with a revenue base of Rs 5792 crore and net profit of Rs 130 crore from the Gujarat Gas Q4 results. The City Gas Distribution sector’s FY27 trajectory depends on domestic demand, input cost stability, and any regulatory changes that affect the broader operating environment.

Kunal Singla suggests that investors tracking Gujarat Gas should monitor quarterly management guidance, order book updates, and margin improvement milestones closely through H1 FY27. The transition from Gujarat Gas Q4 results into a full-year FY27 delivery is a critical inflection point for long-term shareholders in the stock.

Gujarat Gas Stock Performance

Download the Univest Android App or Univest iOS App to track Gujarat Gas share price and get daily research updates.

Gujarat Gas shares are trading at Rs 404.6 as of May 30, 2026. The stock’s reaction to Gujarat Gas Q4 results reflects how the market is assessing the company’s performance relative to City Gas Distribution sector expectations. Live price data, technical analysis, and research coverage for Gujarat Gas are available on the Univest platform.

Key Risks for Gujarat Gas

City Gas Distribution Sector Headwinds

The City Gas Distribution industry faces risks from commodity price swings, regulatory shifts, and competitive pressure. Any deterioration in sector fundamentals could weigh on Gujarat Gas’s revenue and margin outlook beyond Q4 FY26 levels.

Macroeconomic and External Risks

Global growth concerns, FII outflows, and domestic inflation pressures pose risks to Gujarat Gas’s valuation multiples independent of operational performance. A weak demand environment or rising interest rates could compress near-term earnings.

Execution and Working Capital Risk

Sustaining Q4 FY26 revenue and profitability levels into FY27 requires consistent execution from Gujarat Gas’s management. Receivable elongation, working capital build-up, or unexpected capex commitments could pressure future quarterly cash flows and earnings quality.

Conclusion

Gujarat Gas Q4 results for Q4 FY26 show revenue of Rs 5792 crore and net profit of Rs 130 crore, establishing a clear picture of the company’s financial position in the City Gas Distribution space. The +41% revenue change and -55% PAT movement provide a meaningful baseline for FY27 projections. Kunal Singla recommends that investors review these numbers alongside sector trends and management commentary before making any investment decisions related to Gujarat Gas.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Frequently Asked Questions on Gujarat Gas Q4 FY26 Results

When were the Gujarat Gas Q4 results announced?

Ans. The Q4 FY26 results for Gujarat Gas were declared on May 30, 2026, covering the quarter ended March 2026.

What was the revenue in Gujarat Gas Q4 results?

Ans. Gujarat Gas reported revenue of Rs 5792 crore in Q4 FY26, compared to Rs 4102 crore in Q4 FY25, a change of +41% year on year.

What was the net profit in Gujarat Gas Q4 results?

Ans. Gujarat Gas reported a net profit (PAT) of Rs 130 crore in Q4 FY26, compared to Rs 287 crore in Q4 FY25, a -55% change year on year.

What is the FY27 outlook after Gujarat Gas Q4 results?

Ans. Gujarat Gas enters FY27 with revenue of Rs 5792 crore and PAT of Rs 130 crore as a baseline. The FY27 outlook depends on City Gas Distribution demand, cost management, and execution quality.

Did Gujarat Gas declare a dividend after Gujarat Gas Q4 results?

Ans. No dividend was declared for Q4 FY26 as per information available on May 30, 2026. Investors should check official exchange filings for any board announcements on capital returns.

How did Gujarat Gas shares react to Gujarat Gas Q4 results?

Ans. Gujarat Gas shares are trading at Rs 404.6 as of May 30, 2026. The stock movement post-results reflects market assessment of the quarterly earnings against City Gas Distribution sector expectations.

Should investors buy Gujarat Gas shares based on Gujarat Gas Q4 results?

Ans. Investment decisions should factor in the full Q4 FY26 financials for Gujarat Gas, FY27 growth outlook, current valuation, and personal risk profile. Always consult a SEBI-registered investment adviser before investing.

What risks should investors watch after Gujarat Gas Q4 results?

Ans. Key risks for Gujarat Gas include City Gas Distribution sector headwinds, macroeconomic uncertainty, input cost volatility, and working capital pressure. Investors should track quarterly updates and management commentary to assess the risk-reward profile for the stock in FY27.