GAIL / Q1-FY25 / risks

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GAIL (India) · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ1-FY25 · 2024-07-31Back to quarter ↗

Risk intelligence

Material risks this quarter

Regulatory tariff revision risk

PNGRB may revisit integrated pipeline tariffs, potentially reducing returns if volume growth leads to excess returns above regulatory limits.

medium

Delay in ONGC KG basin gas ramp-up

ONGC's projected 1-2 MMSCMD in FY25 and 5-6 MMSCMD in FY26 from KG basin have been delayed, impacting GAIL's sourcing and transmission plans.

medium

APM gas allocation decline for CGD

Management acknowledged that APM gas allocation to CGD will continue to decline as demand grows, potentially squeezing margins for CGD operators and indirectly affecting GAIL.

low