Gujarat Natural Resources Ltd.

•

gnrl.inBSE: 513536NSE: GNRL

Market Cap₹ 1,672 Cr.

Current Price

High / Low₹ 121 / 83

Stock P/E90.1

Book Value₹ 16

Price to Book2.12

Dividend Yield0.00 %

ROCE1.2 %

ROE0.1 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2021 • Trading of Goods: 100.0%

AI Sector View

AI GENERATED

Oil Gas & Consumable Fuels

Reduce

Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.

Confidence

78%

View full sector analysis →

PROS

Company is almost debt free
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 8.61x)

CONS

Company is loss-making at the operating / net level
Operating cash flow has been negative in recent years
A large part of profit comes from other income (1020.0% of PBT)
Receivables are growing faster than sales - a possible quality concern
Company has a low return on capital employed of -0.2%
Company has a low return on equity of -1.5% over last 3 years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Oil Gas & Consumable FuelsCrude OilOil Exploration

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	ONGC	233.80	6.76	294126.93	5.67	6554.44	-43.27	204987.35	25.68	15.96	7.85
2.	OIL	499.00	9.72	81167.73	2.30	4026.83	-80.32	12886.27	47.27	12.43	46.35
3.	DEEPINDS	793.30	24.59	5077.12	0.32	89.15	44.48	278.92	39.81	7.44	38.77
4.	ANTELOPUS	1171.70	31.04	4119.97	0.00	543.20	4741.35	1310.40	2488.19	22.91	70.18
5.	DOLPHIN	686.25	38.12	2745.31	0.00	148.14	1207.16	428.46	2505.73	14.92	59.07
6.	ASIANENE	534.05	45.13	2598.00	0.23	12.76	126.51	271.19	135.06	16.63	8.09
7.	HINDOILEXP	195.65	103.05	2587.34	0.00	6.24	-85.79	114.18	45.17	12.33	4.82
8.	JINDRILL	673.05	10.18	1950.57	0.15	47.14	-28.69	275.39	8.38	15.30	35.72
9.	GNRL	109.02	86.59	1672.40	0.00	11.35	488.84	5.72	70.36	-0.56	202.01
10.	AAKASH	8.49	16.96	85.96	0.00	0.26	-36.86	23.35	7.11	5.39	9.38

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	0	0	0	2	1	0	0	0	0	3	2	6	0
	0	3	1	1	0	0	1	0	0	0	0	5	-9
Operating Profit	-0	-3	-1	1	0	-0	-1	-0	-0	3	2	1	9
OPM %	—	—	—	60.48%	70.91%	—	-1160.00%	-170.00%	-111.11%	95.40%	93.40%	14.68%	3322.51%
	0	0	0	0	0	0	0	2	0	1	2	2	2
Interest	0	1	1	1	0	1	1	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before Tax	-0	-4	-1	-0	0	-1	-2	2	0	4	4	3	11
Tax %	-0.00%	-0.00%	-0.00%	-0.00%	0.00%	-0.00%	-0.00%	2.67%	0.00%	16.49%	15.32%	53.23%	0.00%
Net Profit	-0	-4	-1	-0	0	-1	-2	2	0	3	3	2	11
	-0.02	-0.46	-0.15	-0.02	0.05	-0.08	-0.13	0.17	0.03	0.25	0.25	0.10	0.69

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	0	0	0	0	3	2	0	0	2	1	12
	0	1	1	1	4	2	1	1	5	1	-3
Operating Profit	-0	-1	-1	-1	-0	-0	-1	-0	-3	-0	15
OPM %	—	—	—	—	-0.36%	-24.01%	—	-52.47%	-127.26%	-66.26%	129.95%
	0	1	0	0	-25	1	0	0	0	2	6
Interest	0	0	0	0	0	1	0	1	2	2	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Profit before Tax	-0	1	-1	-1	-25	-1	-1	-0	-5	0	22
Tax %	-8.14%	44.25%	-0.00%	-0.00%	-0.00%	0.01%	0.01%	-0.00%	-0.01%	23.34%	13.76%
Net Profit	-0	0	-1	-1	-25	-1	-1	-0	-5	0	19
EPS	0.00	0.00	0.00	0.00	-5.60	-0.15	-0.12	-0.05	-0.64	0.01	—
Dividend Payout %	0.00%	93.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 7%
5 Years:: -27%
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: -12%
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: -4%
5 Years:: -1%
3 Years:: -2%
Last Year:: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	39	39	39	39	56	56	80	80	80	128
	44	44	43	43	39	38	42	41	36	36
	2	2	20	12	2	15	5	18	30	11
Trade Payables	8	8	8	8	8	8	8	4	0	0
	1	1	0	14	4	16	4	4	5	4
Total Liabilities	93	94	110	115	109	133	139	147	151	180
	1	1	0	0	0	0	0	0	0	0
	21	31	34	34	15	15	15	15	15	15
	0	0	0	0	0	0	0	0	1	0
	71	62	76	81	93	118	123	131	135	163
Total Assets	93	94	110	115	109	133	139	147	151	180

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	6	-1	4	-13	-50	-12	-14	0	-1	-46
Cash from Investing	-6	-9	-2	0	19	0	0	0	0	-0
Cash from Financing	0	11	-1	13	31	12	14	-0	1	46
	-0	0	0	-0	-0	0	-0	-0	0	0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	3.03	3.03	2.31	2.31	2.31	2.31	2.31	2.31	1.93
	0.00	0.00	0.00	0.19	0.25	1.19	0.87	0.25	1.05
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	96.97	96.97	97.69	97.49	97.43	96.49	96.81	97.43	97.02

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for GNRL

Loading news…

🤖

AI Stock Analyst

Gujarat Natural Resources Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

ONGC

233.80

6.76

294126.93

5.67

6554.44

-43.27

204987.35

25.68

15.96

7.85

OIL

499.00

9.72

81167.73

2.30

4026.83

-80.32

12886.27

47.27

12.43

46.35

DEEPINDS

793.30

24.59

5077.12

0.32

89.15

44.48

278.92

39.81

7.44

38.77

ANTELOPUS

1171.70

31.04

4119.97

0.00

543.20

4741.35

1310.40

2488.19

22.91

70.18

DOLPHIN

686.25

38.12

2745.31

0.00

148.14

1207.16

428.46

2505.73

14.92

59.07

ASIANENE

534.05

45.13

2598.00

0.23

12.76

126.51

271.19

135.06

16.63

8.09

HINDOILEXP

195.65

103.05

2587.34

0.00

6.24

-85.79

114.18

45.17

12.33

4.82

JINDRILL

673.05

10.18

1950.57

0.15

47.14

-28.69

275.39

8.38

15.30

35.72

GNRL

109.02

86.59

1672.40

0.00

11.35

488.84

5.72

70.36

-0.56

202.01

AAKASH

8.49

16.96

85.96

0.00

0.26

-36.86

23.35

7.11

5.39

9.38

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

-9

Operating Profit

-0

-3

-1

-0

-1

-0

OPM %

—

60.48%

70.91%

—

-1160.00%

-170.00%

-111.11%

95.40%

93.40%

14.68%

3322.51%

Interest

Depreciation

Profit before Tax

-0

-4

-1

-0

-1

-2

Tax %

-0.00%

0.00%

-0.00%

2.67%

0.00%

16.49%

15.32%

53.23%

0.00%

Net Profit

-0

-4

-1

-0

-1

-2

-0.02

-0.46

-0.15

-0.02

0.05

-0.08

-0.13

0.17

0.03

0.25

0.10

0.69

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

-3

Operating Profit

-0

-1

-0

-1

-0

-3

-0

OPM %

—

-0.36%

-24.01%

—

-52.47%

-127.26%

-66.26%

129.95%

-25

Interest

Depreciation

Profit before Tax

-0

-1

-25

-1

-0

-5

Tax %

-8.14%

44.25%

-0.00%

0.01%

-0.00%

-0.01%

23.34%

13.76%

Net Profit

-0

-1

-25

-1

-0

-5

EPS

0.00

-5.60

-0.15

-0.12

-0.05

-0.64

0.01

—

Dividend Payout %

0.00%

93.73%

0.00%

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

128

Trade Payables

Total Liabilities

110

115

109

133

139

147

151

180

118

123

131

135

163

Total Assets

110

115

109

133

139

147

151

180

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-1

-13

-50

-12

-14

-1

-46

Cash from Investing

-6

-9

-2

-0

Cash from Financing

-1

-0

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

3.03

2.31

1.93

0.00

0.19

0.25

1.19

0.87

0.25

1.05

DIIs

0.00

Government

0.00

96.97

97.69

97.49

97.43

96.49

96.81

97.43

97.02

Gujarat Natural Resources Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Gujarat Natural Resources Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI