Key Metrics of GAIL (India)
About GAIL (India)
Outlets operated by GAIL.
Sectors
Company details
- Website
- gailonline.com
- Registered office
- 16 Bhikaiji Cama Place, R.k.puram, New Delhi, In-dl, 110066
- Listed
- NSE: GAIL · ₹163.96
Operational Areas of GAIL (India)
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
Sign in with access to company financials to review vendor evidence.
Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 30 Sep 2026 | ICRA | Reaffirmed | AAA | A1+ | Stable | ₹7,000 Cr | View |
Credit strengths (ICRA, Sep 2026)
+ Regulated returns in pipelines ensure stable cash generation
GAIL’s dominant market share in the transmission segment and the regulated returns on the capital employed (RoCE) have resulted in healthy profitability and stable cash generation.
+ Downstream integration benefits from presence in petrochemicals and LPG
GAIL has diversified into downstream sectors such as the manufacturing of petrochemicals and LPG to expand its revenue stream and utilise its ability to source natural gas efficiently.
Credit challenges
− Risks related to LNG sourcing and high capex intensity
In December 2011, GAIL had signed an agreement to import 3.5 million metric tonnes per annum (MMTPA) of LNG from Cheniere Energy’s Sabine Pass LNG plant in the US for a period of 20 years.
− Commodity price risks associated with petrochemicals, LPG and liquid hydrocarbon (LHC) businesses
The petrochemical, LPG and LHC segments remain exposed to commodity price risk and earnings volatility arising from the movements in crude oil, natural gas and global petrochemical prices.
Could lead to a downgrade
Pressure on GAIL’s ratings could arise if the linkage with the GoI weakens, or if there is a materially large debt-funded capex/acquisition, or if the profitability deteriorates, adversely impacting the credit profile.
Agency-reported financials (ICRA, 30 Sep 2026)
| Metric | FY2025 | FY2026 | Q1FY2027 |
|---|---|---|---|
| Operating income | ₹1,41,902 Cr | ₹1,41,598 Cr | ₹41,198 Cr |
| PAT | ₹10,960 Cr | ₹6,077 Cr | ₹4,328 Cr |
| OPBDITA/OI | 10.9% | 8.2% | 17.2% |
| PAT/OI | 7.7% | 4.3% | 10.5% |
| Total outside liabilities/Tangible net worth (times) | 0.60× | 0.60× | — |
| Total debt/OPBDITA (times) | 1.40× | 2.10× | — |
| Interest coverage (times) | 20.90× | 12.00× | 22.30× |
| Revenue growth (YoY) | — | −0.2% | — |
| EBITDA (margin × income) | ₹15,467 Cr | ₹11,611 Cr | ₹7,086 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹21,654 Cr | ₹24,383 Cr | — |
| Implied interest cost (EBITDA ÷ coverage) | ₹740 Cr | ₹968 Cr | ₹318 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long term/Short term fundbased non-fund based | Non-fund based limits | ₹4,000 Cr | ₹4,000 Cr | 0.0% | AAA / A1+ (Stable) | Reaffirmed | ICRA |
| Term loans | Term loans | ₹3,000 Cr | ₹3,000 Cr | 0.0% | AAA (Stable) | Reaffirmed | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 84% |
| Information on file | 78% · missing: Capex / investment plans, Auditor details |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 84% chance the next rating action is stable or better
- Current rating AAA (investment grade)
- Interest coverage 22.3×
Rated limits by facility
Timeline
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of GAIL (India)
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Indian Oil Corporation |
Outlets operated by Indian Oil. | iocl.com | 1964 | Mumbai, India |
 Oil and Natural Gas Corporation |
Oil Refining & Marketing · Oil, Gas & Energy | ongcindia.com | 1955 | New Delhi, India |
| Oil Refining & Marketing · Oil, Gas & Energy | mrpl.co.in | — | India | |
| Oil Refining & Marketing · Oil, Gas & Energy | cpcl.co.in | 1965 | Madras, India | |
 Petronet LNG |
Oil Refining & Marketing · Oil, Gas & Energy | petronetlng.com | — | New Delhi, India |
 Oil India |
Oil Refining & Marketing · Oil, Gas & Energy | oilindia.nic.in | 1959 | Dibrugarh, India |
 Indraprastha Gas |
Outlets operated by Indraprasath. | iglonline.net | — | New Delhi, India |
| Bharat Coking Coal Limited | Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes | — | — | Dhanbad, Jharkhand, India |
| Aegis Logistics Limited | Outlets operated by Aegis Logistics. | — | — | Vapi, Maharashtra, India |
 KIRLOSKAR OIL ENGINES LIMITED |
Oil Refining & Marketing · Oil, Gas & Energy | kirloskaroilengines.com | — | Pune, Maharashtra, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Gas transmission and petrochemicals
Filings
No filings on record yet.