India’s Top PSUs 2019

India’s Top PSUs 2019 Advertorial 17 GAIL (India) Limited About the Company GAIL (India) Ltd. was incorporated in 1984 under the Ministry of Petroleum & Natural Gas. At the time of inception, GAIL was given the responsibility of construction, operation & maintenance of the Hazira – Vijaypur – Jagdishpur (HVJ) pipeline project. The company’s key business activities comprise of gas transmission, marketing and processing; transmission of LPG as well as production and marketing of petrochemicals like HDPE and LLDPE. The company is also engaged into LNG re-gasification and city gas distribution, exploration and production. It has further diversified its business into solar and wind power regeneration. The company employs over 4,500 people. Business Profile The company operates through six business verticals, which are as given below. Natural Gas: GAIL has around 12,200 Kms of gas pipeline infrastructure with a capacity of around 210 MMSCMD. The company’s natural gas pipeline network has spread across India with presence over 16 states (AP, Assam, Delhi, Goa, Gujarat, Haryana, Karnataka, Kerala, MP, Maharashtra, Punjab, Rajasthan, TN, Tripura, Uttarakhand and UP) and two UTs (Puducherry and Dadra Nagar Haveli). Liquid Hydrocarbons: The company is operating five gas processing units at four locations for production of LPG and other liquified hydrocarbon products. LPG transmission: GAIL has 2,038 km LPG pipeline network with a capacity to transport 3.8 MMTPA of LPG. Petrochemicals: GAIL has gas-based petrochemicals complex in Pata, UP with capacity of 0.81 MMTPA & BCPL plant with capacity of 0.28 MMTPA. City gas distribution: GAIL serves over 2.1 mn vehicles and 3.1 mn households through subsidiary and JVs. Exploration & production: GAIL is participating in 11 E&P blocks in basins such as Assam-Arakan (2), Cambay (5), Cauvery (1), Gujarat Kutch (1) and Myanmar (2). There are hydrocarbon discoveries in nine E&P blocks. Major Highlights • In FY19, natural gas sales by GAIL stood at 96.93 MMSCMD, with sales within India being 86.39 MMSCMD and overseas sales being 10.54 MMSCMD. • The average natural gas transmission during FY19 increased to 107.43 MMSCMD as compared to 105.23 MMSCMD in FY18. • During FY19, GAIL’s petrochemicals production increased by 13% y-o-y to 751 KTA of polymers and sales increased by 9% to 735 KTA of polymers from the Pata plant in UP. • In FY19, total liquid hydrocarbon production by GAIL was about 1.32Million MT as against 1.28 Million MT in FY18, of which almost 90% constitutes LPG and Propane. • In Nov 2018, the company entered into a MoU with Energy Efficiency Services Ltd for fast-tracking the implementation of co-generation and tri- generation projects and use of natural gas in industrial and commercial segments. • In Mar 2019, GAIL entered into an MoU with Bharat Heavy Electricals Ltd for cooperation in development of solar based power projects. Dun & Bradstreet D-U-N-S® No 65-007-1269 Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income 548,125 766,716 Net Profit 46,184 60,257 Total Assets 580,822 643,786 Ratios NPM (%) 8.4 7.9 C/R (Times) 1.0 1.1 ‘Ratna’ Status (As of June 2019) Maharatna Management Details CMD & Director (Projects) Ashutosh Karnatak Directors PK Gupta Gajendra Singh Manoj Jain Anjani Kumar Tiwari Ashish Chatterjee Ashutosh Jindal SK Srivastava Anupam Kulshreshtha Sanjay Tandon Dinkar Prakash Srivastava Anup K Pujari Rahul Mukherjee Jayanto Narayan Choudhary Banto Devi Kataria Address Gail Bhawan, 16, Bhikaji Cama Place, R K Purum, New Delhi - 110066, Delhi Website www.gailonline.com Ashutosh Karnatak CMD & Director (Projects)