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GUJARAT GAS LIMITED #FUELINGTHEGROWTH Evolving Energy to New Heights PAN India! INVESTOR PRESENTATION Green Q4 & FY25 | MAY 2025 NSE: GUJGASLTD | BSE: 539336 | Bloomberg: GUJGA:IN
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Financial Overview Inside Operational Performance Financial Performance Business Updates About the Company Scheme of Arrangement Appendix Group Presence Across the Value Chain Gujarat Gas Snapshot Business Stream Breakdown Operational Performance Geographical Footprint Consumer Base Expansion Gas Station Footprint Gas Sourcing Strategy Capital Allocation Governance 02GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Overview Existing & Proposed Corporate Structure Milestones SETU Society/ CSR Initiatives Awards & Recognitions PNGRB Conclave Indian Energy Week (IEW) 2025 ESG Initiatives Digital Drive / Initiatives Shareholding & Capital Markets Glossary Post Merger – Investment Overview
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Financial Overview
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Operational Performance: Quarterly (Q4 FY25) 04GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Total Volume MMSCMD PNG - Domestic Volume 9.69 9.47 9.31 0.00 2.00 4.00 6.00 8.00 10.00 12.00 Q4FY24 Q3FY25 Q4FY25 0.85 0.74 0.89 0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90 1.00 Q4FY24 Q3FY25 Q4FY25 9.31 PNG - Commercial Volume MMSCMD 0.89 MMSCMD 0.16 0.15 0.15 0.16 0.00 0.02 0.04 0.06 0.08 0.10 0.12 0.14 0.16 0.18 Q4FY24 Q3FY25 Q4FY25 CNG Volume 2.89 3.12 3.22 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 Q4FY24 Q3FY25 Q4FY25 MMSCMD 3.22 PNG - Industrial Volume 5.80 5.45 5.03 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 Q4FY24 Q3FY25 Q4FY25 MMSCMD 5.03 Footnote: volume rounded off to two decimal.
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05GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Operational Performance: Annual (FY 2024-25) 9.35 9.62 4.00 5.00 6.00 7.00 8.00 9.00 10.00 FY24 FY25 Total Volume PNG - Domestic Volume MMSCMD 9.62 PNG - Commercial Volume MMSCMD 0.75 MMSCMD 0.15 0.71 0.75 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.65 0.70 0.75 0.80 FY24 FY25 0.14 0.15 0.06 0.07 0.08 0.09 0.10 0.11 0.12 0.13 0.14 0.15 0.16 FY24 FY25 2.72 3.06 1.00 1.50 2.00 2.50 3.00 3.50 FY24 FY25 CNG Volume MMSCMD 3.06 5.77 5.66 4.00 4.20 4.40 4.60 4.80 5.00 5.20 5.40 5.60 5.80 6.00 FY24 FY25 PNG - Industrial Volume MMSCMD 5.66
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06GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Financial Performance: Quarterly (Q4 FY25) Revenue from Operations EBITDA Profit Before Tax Profit After Tax 4,294 4,333 4,289 4,000 4,050 4,100 4,150 4,200 4,250 4,300 4,350 4,400 4,450 4,500 Q4FY24 Q3FY25 Q4FY25 622 439 524 0 100 200 300 400 500 600 700 Q4FY24 Q3FY25 Q4FY25 410 222 287 0 50 100 150 200 250 300 350 400 450 Q4FY24 Q3FY25 Q4FY25 550 300 388 0 100 200 300 400 500 600 Q4FY24 Q3FY25 Q4FY25 In Crore 388 In Crore 524 In Crore 4,289 In Crore 287
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07GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Financial Performance: Annual (FY 2024-25) 16,293 17,185 13,000 13,500 14,000 14,500 15,000 15,500 16,000 16,500 17,000 17,500 FY24 FY25 1,984 2,090 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 FY24 FY25 1,536 1,547 1,300 1,350 1,400 1,450 1,500 1,550 1,600 FY24 FY25 1,143 1,146 1,000 1,020 1,040 1,060 1,080 1,100 1,120 1,140 1,160 FY24 FY25 In Crore 1,547 In Crore 2,090 In Crore 17,185 In Crore 1,146 Revenue from Operations EBITDA Profit Before Tax Profit After Tax
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08GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Business Updates Highest ever CNG volumes of 3.22 mmscmd in Q4 FY25 increase of 12% as compared to Q4 FY 24 on the back of investments in CNG station infrastructure. Company is also aggressively pushing for FDODO model which will help in accelerating growth for the future. GGL achieved an overall volumes of 9.31 mmscmd in Q4 FY 25, as compared to 9.69 mmscmd in previous Q4 FY 2024 and 9.62 mmscmd in FY 25. GGL as a plan to expand its footprint in CNG Business has executed ~60 CNG FDODO Agreements. Gujarat Gas continues to have a Credit Rating of AAA Stable / A1+ from CARE, India Ratings and CRISIL. Pursuant to approval granted by the Board of Directors on 30 August 2024, the Company has carried out filing of Scheme of Arrangement with BSE and NSE as required under Registration 37 of SEBI LODR Regulations. We would like to inform you that we are in receipt of “No Objection” Letter from BSE & NSE.
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About the Company
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10GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Group Presence Across the Value Chain Gujarat State Petroleum Corporation (GSPC) Gujarat State Petronet Limited (GSPL) MCAP - ₹28,386 Crore Gujarat Gas Limited (GGL) India’s leading City Gas Distribution (CGD) company Distributing ~9.5 mmscmd of natural gas through 828+ CNG stations, ~22.67 Lakh PNG connections & pipeline of ~42,600 KMs across 6 states & 1 UT Footnote: 1. NSE MCAP as on 31st March 2025 2. GSPL’s JVs include GSPL India Gasnet Ltd. & GSPL India Transco Ltd. India’s 2 nd largest natural gas trading company Average ~14 mmscmd of natural gas traded over last 5 years Not Listed Promoter of GSPL (37.63%) MCAP - ₹16,435 Crore India’s 2 nd largest natural gas transmission company ~2,794 KMs of pipelines in Gujarat GSPL + JVs cater to 4,516 KMs of pipeline transporting ~38 mmscmd natural gas across 6 states Promoter of GGL (54.17%)
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11GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Gujarat Gas Snapshot India's Largest CGD Company Geographical Presence 27 CGD Authorisations 6 + 1 States & Union Territories 44 Total Districts Covered Customer Base 22.67 Lakh+ PNG Domestic Connections 15,680+ PNG Commercial Connections 4,430+ PNG Industrial Connections Financial ₹ 8,454 Cr Net worth Debt-Free Balance Sheet with Cash Reserves of ~₹1,600 Cr ~₹1,825 Cr Average 5Y Cash Flow from Operations AAA Stable / A1+ Credit Rating from CRISIL CARE and India Ratings Footnote: 1. All data as of 31st March 2025, unless stated otherwise 2. Financial data on a Standalone/ basis Infrastructure ~42,600 KMs Pipeline Network 828 CNG Stations
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12GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Business Stream Breakdown FY 2024 -25 PNG - Industrial Presence across key industrial zones: Morbi, Dahej, Ankleshwar, Vapi (Key Growth Drivers: Surat, Dahej, Valsad, Rajkot) PNG - Domestic & Commercial Presence across key urban zones in western India: Ahmedabad, Surat, Bharuch-Ankleshwar, Rajkot, Gandhinagar CNG - Stations Presence across Gujarat and neighboring states (Key Growth Drivers: Surat, Rajkot, Thane, Ahmedabad Rural ) Footnote: 1. Based on FY25 volumes Gas Distribution 100% 9.62 mmscmd Stations PNG 68% 6.56 mmscmd CNG 32% 3.06 mmscmd 2% 0.15 mmscmdCommercial 8% 0.75 mmscmdDomestic 58% 5.66 mmscmdIndustrial 32% 3.06 mmscmd
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13GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Annual Operational Performance Total Volume PNG - Domestic PNG - Commercial 9.40 10.70 8.37 9.35 9.62 0.00 2.00 4.00 6.00 8.00 10.00 12.00 FY21 FY22 FY23 FY24 FY25 0.65 0.68 0.68 0.71 0.75 0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 FY21 FY22 FY23 FY24 FY25 0.08 0.12 0.14 0.14 0.15 0.00 0.02 0.04 0.06 0.08 0.10 0.12 0.14 0.16 FY21 FY22 FY23 FY24 FY25 PNG - Industrial 7.36 7.91 5.12 5.77 5.66 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 FY21 FY22 FY23 FY24 FY25 CNG Volume 1.31 1.99 2.43 2.72 3.06 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 FY21 FY22 FY23 FY24 FY25 MMSCMD MMSCMD MMSCMD MMSCMD MMSCMD
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14GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Geographical Footprint Map not to scale, only for reference purpose *Except area already authorized Maharashtra – 2 Districts Palghar District Thane Rural Madhya Pradesh – 5 Districts Ratlam Ujjain Dewas Indore Jhabua Haryana – 2 Districts Sirsa Fatehabad Punjab – 9 Districts Faridkot Mansa Amritsar Bhatinda Ferozepur Rajasthan – 4 Districts Sirohi Dungarpur Banswara Jalore Sri Muktsar Sahib Hoshiarpur & Gurdaspur Union Territory of Dadra & Nagar Haveli States & Union Territories 27 CGD Authorisations 6 + 1 44 Districts Covered in India Gujarat – 21 Districts ZONE 1 • Nadiad • Anand • Panchamahal • Dahod • Ahmedabad* • Gandhinagar ZONE 2 • Surat • Hazira • Bharuchand Ankleshwar • Dahej • Narmada ZONE 3 • Navsari • Valsad • DNH • Thane ZONE 4 • Rajkot • Jamnagar • Morbi • Surendranagar • Amreli • Bhavnagar • Kutchh(W) ZONE 5 • Ujjain-Dewas- Indore • Jalor-Sirohi • Jhabua- Banswara • Ratlam- Dungarpur ZONE 6 • Sirsa- Fatehbad- Mansa • Ferozpur- Faridkot– Mukhtasar Sahib • Hoshiarpur- Gurdaspur • Amritsar • Bhatinda ZONE 1 ZONE 2 ZONE 3 ZONE 4 ZONE 6 ZONE 5 Fazilka (part)
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15GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Consumer Base Expansion Domestic Connections (in Lakhs) Commercial Customers (nos ) Industrial Customers (nos ) CNG Stations (nos ) Gas Pipeline Network (kms in thousand) 15.5 17.1 19.3 21.1 22.7 0.0 5.0 10.0 15.0 20.0 25.0 FY21 FY22 FY23 FY24 FY25 13,126 13,619 14,394 15,228 15,682 11,500 12,000 12,500 13,000 13,500 14,000 14,500 15,000 15,500 16,000 FY21 FY22 FY23 FY24 FY25 559 711 808 808 828 - 100 200 300 400 500 600 700 800 900 FY21 FY22 FY23 FY24 FY25 30.3 32.8 35.6 39.3 42.6 - 5 10 15 20 25 30 35 40 45 FY21 FY22 FY23 FY24 FY25 4,036 4,316 4,365 4,396 4,430 3,800 3,900 4,000 4,100 4,200 4,300 4,400 4,500 FY21 FY22 FY23 FY24 FY25
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16GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Gas Station Footprint 552 566 256 262 FY24 FY25 Gujarat Outside Gujarat 61 62 95 104 652 662 808 828 FY24 FY25 COCO Franchisee OMCs CNG Station Footprint Station Type Gradual footprint expansion within & outside Gujarat More focus on increasing asset-light Franchisee & OMC stations GGL as a plan to expand its footprint in CNG Business has executed ~60 CNG FDODO Agreement as on date, which will accelerating growth in coming years.
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17GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Gas Sales and Sourcing Strategy Key Long-Term Sourcing Contracts: • Long Term contracts • Spot volumes 75% 74% 55% 56% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Average APM Allocation (%)CNG & PNG - Domestic APM Allocation (Combine of both Dom PNG and CNG) 65% Other Sourcing 35% Key Sourcing • HPHT Gas/IGX • NWG • SPOT Gas Other sources APM PNG - Industrial & Commercial 40% Sales Volume Composition 60% Sales Volume Composition 83% 65% FY24 FY25
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(in ₹) (in Crore) 18GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Capital Allocation CAPEX & CFO* EPS & Dividend Per Share (DPS) Market Capitalization 809 1,161 1,098 812 742 1,659 1,662 2,378 1,634 1,806 FY21 FY22 FY23 FY24 FY25 Capex CFO* 18.53 18.68 22.16 16.60 16.64 2.00 2.00 6.65 5.66 5.82^ 100% 100% 333% 283% 291% 0% 50% 100 % 150 % 200 % 250 % 300 % 350 % 0 5 10 15 20 25 FY21 FY22 FY23 FY24 FY25 EPS DPS Dividend % of face value 37,824 34,643 31,638 37,466 28,386 FY21 FY22 FY23 FY24 FY25 (in Crore) *Cash Flow from Operating Activity *Cash Flow from Operating Activity ^ Subject to approval of AGM ^ Subject to approval of AGM
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19GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Governance Shri Pankaj Joshi, IAS Additional Director & Chairman • He is a senior IAS Officer and has held various important positions in the GoG in dept. like Land Revenue, Personnel and General Administration, Urban Development and Education Department • Worked with Union Govt in dept like Urban Development, Social Justice and Empowerment, Public Transport. • Presently he is Chief Secretary,GoG Dr. Rekha Jain Independent Woman Director Shri S.J. Haider, IAS Director • Having experience of 32 years in administration and Governance, Shri S J Haider, IAS in presently serving as the Additional Chief Secretary to the GoG in Energy & Petrochemicals dept. • Previously served in various roles such as District Development Officer, Municipal Commissioner and Collector & District Magistrate • Worked in various dept. like Finance, Transport, Science and Technology, Tourism & Civil Aviation, Rural Development, Education and Industries & Mines dept. Dr. T Natarajan, IAS Director • Has held a range of responsibilities in GoG including District Collector and District Development Officer • Served in dept. of Finance, Revenue, Industry & Mining and Technical Education and held leadership positions in PSUs • He was also entrusted with responsibility of Senior Advisor to the Executive Director of India in the International Monetary Fund by GoI. • Presently, he is Principal Secretary, FD,GoG. Prior to that he as also served as Additional Secretary Dept of EA, GoI and Ministry of Defence Shri Balwant Singh, IAS (Retd.) Independent Director • Worked across Govt. dept. & PSUs • Held important positions in GoG in dept. such as Energy and Petrochemicals, Ports and Fisheries, Home and General Administration • Served as the MD of GSFC and GNFC, as well as Chairman of GSPL and GMB. • Post retirement, he also served as State CIC, Gujarat State. Prof. Yogesh Singh Independent Director • Serving as Vice Chancellor of University of Delhi • Served as Director of Netaji Subhas Institute of Technology, Delhi and Vice Chancellor of Maharaja Sayajirao University of Baroda, Gujarat • His areas of research include Software Testing, Software Quality & Metrics and Empirical Software Engineering Shri Bhadresh Mehta Independent Director • Senior management executive with experience across finance, audit and infotech functions of reputed business groups • Specialising in strategic planning, financial management, auditing, information technology and risk management Shri Milind Torawane, IAS Managing Director • Served as Professor in IIM, Ahmedabad • Special knowledge in Information Technology, Payment & Settlement Systems, Business Management and Risk Management • Served as an Independent Director on the Board of Telecommunication Consultants of India Ltd (TCIL) • MD of GSPC & GGL and Joint MD of GSPL. • Has held various important positions in GoG like Municipal Commissioner- Surat, Secretary- Housing & Nirmal Gujarat, Additional Chief Executive-Gujarat Urban Development Mission • Experience in GoG Finance dept. as Secretary (Expenditure) & Secretary (Economic Affairs) • Served as MD of GACL, GSIL, and served on Board of GSFSL, GSECL, GMDC, GUVNL
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Scheme of Arrangement
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21GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Scheme of Arrangement: Overview Amalgamation of GSPC, GSPL & GEL into GGL & Demerger of gas transmission business into GSPL Transmission Limited (GTL) Amalgamation of GSPC into GGL Amalgamation of GSPL into GGL Amalgamation of GEL into GGL Demerger of gas transmission business into GSPL Transmission Limited (GTL) Issuance of GGL’s shares to shareholders of GSPC Issuance of GGL’s shares to shareholders of GSPL No issuance as it would become a wholly owned subsidiary prior to its amalgamation GGL’s shareholders to receive shares of GTL (to be listed subsequently) 305:10 10 shares of GGL (FV ` 2) for every 305 equity shares of GSPC (FV ` 1) 13:10 10 shares of GGL (FV ` 2) for every 13 equity shares of GSPL (FV ` 10) 3:1 1 equity share of GTL (FV ` 10) for every 3 equity shares of GGL (FV ` 2) GSPC GGL GSPL GGL GEL GGL GGL GTL
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22GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Existing & Proposed Corporate Structure Government of Gujarat (GOG): Promoter Institutional/Public Shareholders/Bodies Corporate GSPC (Promoter of GSPL) 55.65% 37.63% 54.17% 6.53% 39.30% 44.35% GSPC (Promoter of GGL) 62.37% Government of Gujarat (GOG): Promoter Public Shareholders Scheme Rational Consolidation of all business verticals in one entity i.e. GGL – with presence across the Natural Gas Value Chain Separate subsequent listing of GTL - housing Gas Transmission & Related Investments in Gas Transmission Entities City Gas Distribution Gas Trading, E&P, Renewables Business Related Investments 25.86% 74.14% Existing Structure Proposed Structure
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23GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Scheme of Arrangement Milestones Scheme of Arrangement is Expected to be Completed by October 2025 CompletedSEBI & Stock Exchanges Shareholder Approvals (Majority of minority) Regulatory authorities (RoC, Regional Director, Income Tax & others) MCA Listing of additional shares of GGL Listing of GTL Issuance of shares pursuant to the scheme and suspension of trading of GSPL Approvals required from Dec’ 2024 Jan’ - Mar’ 2025 Apr’ - May’ 2025 Jun’ 2025 Jul’ - October’ 2025 Indicative
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GUJARAT GAS LIMITED GSPL TRANSMISSION LIMITED 24GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Post Merger – Investment Overview City Gas Distribution Gas Trading Activity E&P Business Renewable Business Business Major Investments Business Gas Transmission GSPL India Gasnet Limited GSPL India Transco Limited Investments Sabarmati Gas Limited (CGD Company) SWAN Energy (LNG Terminal - FSRU) GSPC Pipavav Power Company limited (Gas Based Power Plant) Gujarat State Energy Generation Limited (Gas Based Power Plant) GSPC LNG (LNG Terminal) Guj Info Petro Limited (IT Service Provider)
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Appendix
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26GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com CSR (1/2) : Anganwadi / SETU Society Total target is to achieve 600 Anganwadis Anganwadis GSPC Group has created a Trust in the name of SETU Society. Currently, 3 pilot project for Construction of Anganwadis ready for handover i.e. Narmada, Dahod, Gandhinagar Narmada Dahod Gandhinagar Setu Society Phase 1 201 Anganwadis Total target to achieve 607 Anganwadis Anganwadis Hon’ble Chief Minister of Gujarat, laid the foundation for construction of Anganwadi. Anganwadis are constructed using Light Guage Steel Frame (LGSF) structure
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Construction of Schools Contribution for construction of Kanya Ashram Shala in Tanki Village, Taluka Dharampur, District Valsad 27GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com CSR Initiatives (2/2) Skill Development Training to Unemployed Youth Development Training to unemployed and needy Youth Upgrading Cremators Providing gas supply to 60+ crematoriums across the operating areas of Gujarat Gas
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28GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Awards & Recognitions Winner of ‘ESG Initiative of the Year - India 2024’ by Asian Power Winner of ‘Downstream Project of the Year – India 2024’ by Asian Power Skoch Award for Green Hydrogen Blending in CGD Network
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29GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com PNGRB Conclave PNGRB Conclave 2025 • Petroleum and Natural Gas Regulatory Board (PNGRB) and GSPC Group had organised “2nd National Conclave on Natural Gas and Petroleum Products Infrastructure: Connecting Oil and Gas Markets” on 26-27 March at Gandhinagar, Gujarat. • The Conclave featured six thematic sessions focussing on shaping a cleaner, resilient energy future through gas vision planning, infrastructure development, consumer protection, pipeline modernization, and strategic sourcing to support India’s energy security goals.
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30GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com India Energy Week (IEW) 2025 India Energy Week 2025 GSPC Group has participated in India Energy Week held on 11 to 14th February, 2025 at Yashobhoomi Convention Centre, New Delhi showcasing its presence across energy value chain
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31GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com ESG Initiatives (1/3) : Green Hydrogen Blending Project on Green Hydrogen Blending in PNG at Hazira: GGL aims to deliver affordable, reliable and cleaner energy by operating responsibly and performing with excellence while considering environment, social and government factors. As part of our commitment to ESG initiative, we have taken various measures, which includes hydrogen blending pilot project, which we have completed with 5% blending.
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32GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com ESG Initiatives (2/3) : CBG Blending CBG Offtake by GGL • Inline with National Policy on Bio-Fuels for promoting waste to energy program and reduce carbon emissions, Gujarat Gas is actively engaged with CBG producers for increasing its offtake into CNG / PNG network • GGL is amongst the first CGD companies to offtake Bio Gas (CBG) into its NG pipeline network. • Presently company has signed agreement with 12 producers/ suppliers and off-taking CBG at 7 sites.
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33GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Solar Group Captive project: GGL has planned to install around 15 MW of Solar Group Captive project for the Company Owned CNG stations. World Environment Day Celebration: More than 3800 sapling/trees were planted across GGL locations Celebrated Safety events like National Safety Week, National Road Safety Week taking up multiple initiatives – QR based Quiz, Trainings, Individual & Team Competitions on Poster making, Skit, Risk Assessment, Hazard Hunt, etc. involving contractor workforce, employees & their families ESG Initiatives (3/3):Others
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34GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Digital Drive / Initiatives Digital Drive GGL is accepting collection through digital mode comprising of mobile, application website, Gujarat Gas mobile application • Online PNG registration • Bill payment • Submit bill reading • Latest Gas prices Image to Come
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60.89% 7.01% 3.97% 7.61% 7.66% 5.04% 7.82% Promoter Group Companies where Government is a Promoter Foreign Portfolio Investors Mutual Funds Bodies Corporate Resident Individuals Others 35GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com Shareholding & Capital Markets Shareholding Pattern Shareholding Pattern ₹467.15 Current Market Price ₹689.95 / ₹360.25 52 Week High/Low ₹32,113.40 Crore Market Capitalization 68.8 Crore Shares Outstanding 531201 BSE Scrip Code Promoter Group 60.89% Gujarat State Petronet Limited 54.17% Government of Gujarat 6.53% Gujarat State Energy Generation Limited 0.19% 1. Market price data as of 19th May 2025 2. Shareholding data as of 31st March 2025 3. Market Capitalization as on 19th May 2025 GUJGASLTD NSE Scrip Symbol
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Glossary MMSCMD Million Metric Standard Cubic Meter Per Day SCM Standard Cubic Meter CGD City Gas Distribution CNG Compressed Natural Gas PNG Piped Natural Gas GA Geographic Authorisations COCO Company-Owned Company-Operated FDODO Full Dealer Own Dealer Operated OMC Oil Marketing Companies APM Administered Price Mechanism HPHT High Pressure, High Temperature NWG New Well Gas GoG Government of Gujarat GSPC Gujarat State Petroleum Corporation GSPL Gujarat State Petronet Limited GEL GSPC Energy Limited GGL Gujarat Gas Limited GTL GSPL Transmission Limited SETU Socio Economical Transformation and Upliftment society 36GUJARAT GAS LIMITED | I NVESTOR PRESENTATI ON www.gujaratgas.com www.gujaratgas.com
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Safe Harbour Statements in this presentation may contain forward-looking information concerning Gujarat Gas Limited (“Gujarat Gas” or “Company”)’s strategy, operations, financial performance or condition, outlook, growth opportunities or circumstances in the sectors or markets in which the Company operates. Forward-looking statements can sometimes be identified by the use of forward- looking words such as "may”, "believe”, "will”, "expect”, "project”, "estimate”, "should”, "anticipate”, "plan”, "continue”, "seek”, "pro forma”, "potential”, "target”, "forecast”, “intend" or other similar words or expressions of the narrative thereof and by their nature, involve uncertainty because they depend on future circumstances, and relate to events, not all of which are in the Company’s control or can be predicted by the Company. Although the Company believes that the expectations reflected in such forward - looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Actual results could differ materially from those set out in the forward-looking statements. For a detailed analysis of the factors that may affect our business, financial performance or results of operations, we urge you to look at the relevant article on Risk Mana gement included in the Company’s latest Annual Report. Presentation is not, and nothing in it should be construed as, an offer, invi tation or recommendation in respect of the Company’s securities or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy the Company’s securities. Neither this presentation nor anything in it shall form the basis of any contract/commitment or in connection with any investment decision. This presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. No representation or warranty, express or implied, is provided in relation to the fairness, accuracy, correctness, completeness or reliability of the information, opinions or conclusions expressed herein.