Earnings Alerts

Gujarat Gas Ltd (GUJGA) Earnings: 1Q Net Income Surpasses Estimates with 53% YoY Growth

  • Net income of Gujarat Gas for Q1 reached 3.3 billion rupees, a 53% increase year-over-year.
  • This net income surpassed the estimated 3.17 billion rupees.
  • Revenue was reported at 46.1 billion rupees, marking an 18% rise compared to the same period last year.
  • The revenue estimate was 41.95 billion rupees, which was exceeded.
  • Total costs amounted to 42.1 billion rupees, an increase of 15% year-over-year.
  • Raw material costs were 35.9 billion rupees, up by 16% from the previous year.
  • Raw material costs exceeded the estimated 33.97 billion rupees.
  • Analyst ratings include 13 buys, 2 holds, and 17 sells.

A look at Gujarat Gas Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

An analysis of Gujarat Gas Ltd utilizing the Smartkarma Smart Scores reveals a promising long-term outlook for the company. With solid scores in Dividend and Resilience, Gujarat Gas demonstrates a commitment to rewarding its shareholders while maintaining stability in volatile market conditions. Furthermore, the company’s respectable score in Value suggests it may be trading at an attractive price relative to its intrinsic value, making it an interesting prospect for value investors seeking opportunities.

Additionally, Gujarat Gas Ltd‘s score in Growth indicates potential for expansion and development in the future, showcasing the company’s ability to capitalize on emerging opportunities in the natural gas sector. Although the Momentum score is moderate, the overall outlook for Gujarat Gas appears positive, positioning the company well for sustained growth and resilience in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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