The call ran from 5:01 PM to 5:46 PM IST (45 min).
Key takeaways
Standalone Q2 revenue rose 8% to ₹290 Cr and PAT rose 2% to ₹120 Cr on 12% volume growth. The company is debt-free, but H1 EBITDA was flat, subsidiary losses persist, and the tariff path remains unresolved.
| Revenue growth | Standalone revenue ₹290 Cr, +8% YoY; H1 +4.5%, volume-led. |
|---|---|
| Margins | Q2 EBITDA margin 58.4%; H1 ~64%; no peer comparison. |
| Order book | EPC contracts worth ₹1,800 Cr awarded July 2026; no order book figure. |
| Demand visibility | Gas demand 188 to 297 MMSCMD by 2030 cited; CGD growth expected. |
| Management confidence | Upbeat on expansion; defensive on subsidiary losses and tariff questions. |
Growth
Revenue +8% YoY, EBITDA +6% (₹169 Cr vs ₹160 Cr), PAT +2%, so profit growth lagged top line. H1 revenue +4.5%, H1 EBITDA flat at ₹363.5 Cr.
Outlook
Targets ~₹3,000 Cr capex by March 2028 and capacity rising from ~36.5 to ~44-45 MMSCMD. No quantified growth or tariff guidance given.
Risks
Loss-making GIGL and GITL with low utilisation, PNGRB appeal pending with prospective-only true-up, flat H1 EBITDA, and ₹3,500 Cr capex dependent on volume ramp-up and the ~2028 tariff revision.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
GSPL Transmission Q2 FY27 Results: Net Profit ₹99.5 Cr, Up 17.5% YoY
GSPL Transmission Ltd reported revenue from operations of ₹289.6 Cr (+8.4% YoY) and net profit of ₹99.5 Cr (+17.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹99.5 Cr · +17.5% YoY
Call details
| Company | GSPL Transmission Ltd |
|---|---|
| NSE symbol | GSPLTRANS |
| ISIN | INE1TUG01013 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 5:00 PM IST |
| Length | 45 min |
| Audio | Our stream on YouTube ↗ |
GSPL Transmission Ltd: key numbers
- Share price
- ₹112.60
- Market cap
- ₹3,521 Cr
- Revenue (annual)
- ₹1,070 Cr
- Net profit (annual)
- ₹290.7 Cr
- Promoter holding
- 38.94%
- FII holding
- 10.83%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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