Gujarat State Petronet Share Price Target 2026, 2027, 2030, 2040, 2050
Gujarat State Petronet is a company under Gujarat State Petroleum Corporation and supported by the Government of Gujarat. It is a major natural gas pipeline company in India. It runs a large pipeline network of about 2,700 km in Gujarat to safely move natural gas from LNG terminals and gas fields to different users. It does not produce gas but only transports it to industries, power plants, fertiliser units, refineries, and city gas companies. It also allows many companies to use its pipelines through an open-access system.
What is Gujarat State Petronet Ltd NSE: GSPL?
Gujarat State Petronet was established in 1998, situated in Gandhinagar, Gujarat. It is a government-linked company under the Gujarat State Petroleum Corporation group and is mainly supported by the Government of Gujarat. GSPL works in transporting natural gas through a large network of pipelines. It does not produce gas itself but moves gas safely from import terminals or production places to industries, power plants, factories, and other users. This helps ensure a steady and reliable supply of energy.
It is an Indian company that works in natural gas and energy. It is part of the Gujarat State Petroleum Corporation group. It does not produce gas. Its main job is to carry natural gas from one place to another through pipelines. It works like a bridge between gas suppliers and users. The company mainly works in Gujarat, but it is also growing in other parts of India. It helps industries, power plants, and city gas systems get gas regularly. In 2026, its share price target would be ₹457, as per stock market analysts.
According to stock market analysts, its share price would be between ₹206 to ₹457 in 2026.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 206 | 457 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 286 | 323 |
| फ़रवरी | 292 | 316 |
| मार्च | 226 | 311 |
| अप्रैल | 228 | 323 |
| मई | 206 | 340 |
| जून | 220 | 352 |
| जुलाई | 237 | 367 |
| अगस्त | 252 | 474 |
| सितंबर | 287 | 421 |
| अक्टूबर | 300 | 432 |
| नवंबर | 321 | 448 |
| दिसम्बर | 352 | 457 |
Its main work is to transport natural gas through pipelines. It builds and runs a pipeline network that moves gas over long distances. Many industries depend on this gas for their daily work. It earns money by charging a fee for using its pipelines. This gives the company regular and stable income. It does not produce gas, so it is not affected much by gas price changes. The company only focuses on safely and smoothly moving gas. In 2027, its share price target would be ₹677, as per stock market analysts.
According to stock market analysts, its share price would be between ₹430 to ₹677 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 430 | 677 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 430 | 500 |
| फ़रवरी | 439 | 518 |
| मार्च | 449 | 525 |
| अप्रैल | 462 | 537 |
| मई | 478 | 554 |
| जून | 490 | 569 |
| जुलाई | 497 | 587 |
| अगस्त | 511 | 600 |
| सितंबर | 525 | 621 |
| अक्टूबर | 536 | 635 |
| नवंबर | 548 | 658 |
| दिसम्बर | 560 | 677 |
It is very important in India’s energy system. It helps move natural gas from supply areas to users through pipelines. Natural gas is a cleaner fuel than coal and oil. It is used in homes, factories, and power plants. It makes sure gas reaches users safely and on time. It also helps reduce pollution by supporting clean fuel use. This makes GSPL an important part of India’s growing and cleaner energy system. In 2028, its share price target would be ₹876, as per stock market analysts.
According to stock market analysts, its share price would be between ₹640 to ₹876 in 2028.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 640 | 876 |
It plays a big role in the development of Gujarat. It supplies gas to many industries in industrial areas. These include chemical factories, fertiliser plants, refineries, and manufacturing units. A regular gas supply helps these industries work smoothly and grow. GSPL also supports city gas systems that provide gas for cooking and vehicles. This improves daily life for people. In 2029, its share price target would be ₹1057, as per stock market analysts.
According to stock market analysts, its share price would be between ₹850 to ₹1057 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 850 | 1057 |
It has built a large pipeline network in Gujarat and nearby regions. These pipelines carry gas from supply points like LNG terminals to industries and cities. The system is made to move gas safely and in large amounts. The company keeps expanding its network to reach new areas. This helps more people and industries get gas easily. The pipeline system also reduces transport costs and improves supply. In 2030, its share price target would be ₹1350, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1000 to ₹1350 in 2030.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 1000 | 1350 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1000 | 1120 |
| फ़रवरी | 1026 | 1142 |
| मार्च | 1065 | 1159 |
| अप्रैल | 1074 | 1178 |
| मई | 1085 | 1190 |
| जून | 1102 | 1200 |
| जुलाई | 1120 | 1215 |
| अगस्त | 1137 | 1235 |
| सितंबर | 1152 | 1258 |
| अक्टूबर | 1174 | 1287 |
| नवंबर | 1190 | 1300 |
| दिसम्बर | 1220 | 1350 |
It has many customers from different industries. These include power plants, fertiliser companies, steel factories, chemical industries, and oil refineries. These industries need gas every day for their work. It also supplies gas to city gas companies, which give fuel to homes and vehicles. Because of this, the company always has a strong demand. Many customers are large companies that have used gas for a long time. In 2040, its share price target would be ₹3500, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3181 to ₹3500 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 3181 | 3500 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 3181 | 3305 |
| फ़रवरी | 3200 | 3332 |
| मार्च | 3214 | 3365 |
| अप्रैल | 3225 | 3384 |
| मई | 3232 | 3400 |
| जून | 3252 | 3418 |
| जुलाई | 3274 | 3429 |
| अगस्त | 3290 | 3438 |
| सितंबर | 3312 | 3455 |
| अक्टूबर | 3338 | 3474 |
| नवंबर | 3365 | 3484 |
| दिसम्बर | 3390 | 3500 |
It helps in city gas supply systems. These systems give piped gas to homes for cooking and CNG for vehicles. GSPL supplies gas to these systems through its pipelines. This makes sure gas is always available in cities and towns. Many people now use piped gas instead of LPG cylinders because it is safer and easier. The company makes this possible by transporting gas smoothly. In 2050, its share price target would be ₹5900, as per stock market analysts.
According to stock market analysts, its share price would be between ₹5556 to ₹5900 in 2050.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 5556 | 5900 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 5556 | 5684 |
| फ़रवरी | 5584 | 5700 |
| मार्च | 5605 | 5721 |
| अप्रैल | 5614 | 5736 |
| मई | 5624 | 5752 |
| जून | 5633 | 5768 |
| जुलाई | 5647 | 5787 |
| अगस्त | 5662 | 5800 |
| सितंबर | 5678 | 5821 |
| अक्टूबर | 5690 | 5836 |
| नवंबर | 5710 | 5855 |
| दिसम्बर | 5725 | 5900 |
Should I buy Gujarat State Petronet stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 206 | 457 |
| 2027 | 430 | 677 |
| 2028 | 640 | 876 |
| 2029 | 850 | 1057 |
| 2030 | 1000 | 1350 |
| 2040 | 3181 | 3500 |
| 2050 | 5556 | 5900 |
The company is strong because it has a solid pipeline network for natural gas transportation and benefits from the growing use of cleaner fuels like natural gas in industries and cities, which supports steady demand; its valuation also looks fairly balanced in the market, not too expensive or too cheap; but its growth is not very fast, and earnings can be affected by government rules, gas demand from industries, and changes in energy policies, which may impact profits and share price; overall, long-term investors who want stable and lower-risk returns could consider it.
Gujarat State Petronet earnings results
| मार्च 2020 | मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | मार्च 2025 | टीटीएम | |
| बिक्री + | 12,244 | 11,535 | 17,991 | 18,117 | 17,295 | 17,370 | 16,290 |
| व्यय + | 9,027 | 7,961 | 14,491 | 14,437 | 13,887 | 14,720 | 13,784 |
| परिचालन लाभ | 3,217 | 3,574 | 3,500 | 3,680 | 3,407 | 2,650 | 2,506 |
| OPM % | 26% | 31% | 19% | 20% | 20% | 15% | 15% |
| अन्य आय + | 108 | 130 | 148 | 136 | 248 | 350 | 419 |
| ब्याज | 369 | 227 | 112 | 70 | 56 | 57 | 37 |
| व्याख्या | 518 | 542 | 579 | 621 | 664 | 709 | 740 |
| कर से पहले लाभ | 2,438 | 2,936 | 2,957 | 3,125 | 2,935 | 2,234 | 2,149 |
| कर | 7% | 25% | 25% | 25% | 26% | 27% | |
| नेट प्रॉफिट + | 2,279 | 2,192 | 2,231 | 2,342 | 2,184 | 1,637 | 1,585 |
| रुपये में ईपीएस | 30.65 | 28.48 | 29.04 | 29.09 | 29.41 | 19.69 | 18.65 |
| लाभांश भुगतान % | 7% | 7% | 7% | 17% | 17% | 25% |
कुंजी मीट्रिक
| TTM PE Ratio | PB अनुपात | लाभांश प्राप्ति | सेक्टर PE | सेक्टर PB | सेक्टर Div Yld |
| 14.99 | 1.01 | 1.79% | 25.76 | 3.30 | 1.21% |
Peers & तुलना
| स्टॉक | पीई अनुपात | PB अनुपात | लाभांश प्राप्ति |
| Gujarat State Petronet Ltd | 14.20 | 1.01 | 1.79% |
| Gail (India) Ltd | 8.49 | 1.24 | 4.67% |
| Adani Total Gas Ltd | 103.30 | 16.07 | 0.04% |
| Gujarat Gas Ltd | 22.44 | 3.03 | 1.56% |
Is Gujarat State Petronet stock good to buy? (bull case & bear case)

बुल केस:
- It earns around ₹17,000–₹17,300 crore revenue every year, showing a big and stable business.
- The company makes about ₹1,600+ crore profit yearly, so it is still earning well.
- The company has very little or no debt, which makes it financially sound.
- Earnings per share (EPS) are around ₹19–₹29 in recent years, showing steady earnings.
- Demand for natural gas is increasing in India due to CNG, PNG, and industrial use.
- The stock is often at a reasonable price (not too costly or too cheap).
- Profit margins are still positive (around 9–12%), showing stable business.
भालू का मामला:
- Profit has fallen from around ₹2,100+ crore to about ₹1,600 crore, showing weakness.
- EPS has dropped from about ₹29 to around ₹20, showing lower earnings.
- ROCE has reduced from higher levels earlier to around 20% now, showing lower efficiency.
- Profit margins have reduced to around 9–12% from higher earlier levels.
निष्कर्ष
It is a strong and stable company in India that works in transporting natural gas through pipelines. It is supported by the Gujarat government and has a large pipeline network that supplies gas to industries, power plants, and city gas systems. The company earns money by moving gas from one place to another, not by producing it, so its business is safer and less risky. Its income and profit are mostly steady, but growth is slow, and recent results show some pressure due to rules and changes in demand.

