Gujarat Pipavav Port Ltd (GPPL) is a landmark in India’s maritime history, recognized as the country’s first private sector port. Strategically situated on the southwest coast of Gujarat near Bhavnagar, it serves as a vital gateway for international trade, linking India to major global markets across North America, Europe, Africa, the Middle East, and the Far East. The port is equipped with advanced infrastructure, including two container berths, two bulk berths, a liquid cargo jetty, and a roll-on/roll-off (RoRo) jetty, enabling efficient handling of various cargo types. Operational excellence is ensured through its partnership with APM Terminals, a leading global port operator, which provides technological expertise and best practices to enhance service quality. Notably, Maersk Line, a significant customer, contributes about 23% of GPPL’s revenues, underscoring the port’s strategic importance in global shipping. Developed under the Public-Private Partnership (PPP) model, GPPL has set a precedent in the Indian port sector by demonstrating how public and private collaboration can successfully enhance infrastructure development. Through its commitment to operational efficiency and state-of-the-art facilities, Gujarat Pipavav Port plays a crucial role in shaping India’s trade landscape and facilitating economic growth, making it a pivotal player in the nation’s logistics and maritime sectors.
Latest News on Gujarat Pipavav Port Ltd
Gujarat Pipavav Port Ltd (GPPL) is poised for significant growth as its parent company, APM Terminals, has committed ₹3,320 crore for a substantial expansion of the port’s cargo handling capacity. This ambitious expansion plan aims to enhance the port’s operational capabilities by adding a new liquid berth, a dedicated container berth, and additional yard space. Furthermore, it includes the procurement of advanced container handling equipment and the development of marine infrastructure, which will collectively bolster GPPL’s ability to efficiently manage increasing cargo volumes.
In addition to the infrastructure investments, there are strong indications that the current concession for Gujarat Pipavav Port, which is set to expire in 2028, may be extended. This potential extension has significantly improved the port’s outlook, allowing for more long-term planning and investment. The combination of these expansion plans and the possibility of an extended concession period positions GPPL favorably to capitalize on the growing demand for port services, thereby reinforcing its status as a pivotal player in India’s logistics and maritime sectors. These developments reflect the company’s proactive approach to adapting to market demands and enhancing its competitive edge in the maritime trade landscape.
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
Promoters + | 44.01% | 44.01% | 44.01% | 44.01% | 44.01% |
FIIs + | 20.12% | 19.81% | 18.31% | 18.53% | 19.81% |
DIIs + | 21.23% | 20.01% | 17.38% | 17.04% | 16.42% |
Public + | 14.65% | 16.19% | 20.31% | 20.42% | 19.77% |
No. of Shareholders | 1,61,167 | 1,69,217 | 2,15,960 | 2,26,625 | 2,43,604 |
The shareholding patterns of Gujarat Pipavav Port Ltd from September 2023 to September 2024 reveal significant dynamics in investor engagement. Throughout this period, promoters maintained a consistent stake of 44.01%, indicating steady control over the company. However, Foreign Institutional Investors (FIIs) experienced a decline in their shareholding, dropping from 20.12% in September 2023 to 19.81% by September 2024, with a low of 18.31% noted in March 2024. Similarly, Domestic Institutional Investors (DIIs) saw their holdings decrease from 21.23% to 16.42%, suggesting a cautious approach amid fluctuating market conditions. In contrast, public shareholding showed a positive trend, rising from 14.65% to a peak of 20.42% in June 2024, before settling at 19.77% in September 2024, highlighting increasing retail investor interest. Notably, the total number of shareholders grew substantially, from 161,167 to 243,604, reflecting heightened engagement and confidence in the company’s future, especially as it pursues expansion plans to enhance operational capacity. These evolving patterns underscore a dynamic investment landscape for Gujarat Pipavav Port Ltd, marked by shifting institutional positions and Strong public participation.
Below are the trading platforms that you can use to purchase Gujarat Pipavav Port shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
November 2024 | 225.65 | 196.22 |
December 2024 | 227.91 | 198.18 |
In November 2024, the maximum price for Gujarat Pipavav Port Ltd is projected to be ₹225.65, while the minimum price is expected to be ₹196.22. Following this, as we enter December 2024, the maximum price for Gujarat Pipavav Port Ltd is anticipated to reach ₹227.91, with a minimum price estimated at ₹198.18. These projections indicate a stable outlook for the company’s share performance as it continues to grow and expand its operations.
When | Maximum Price | Minimum Price |
January 2025 | 230.19 | 177.07 |
February 2025 | 232.51 | 178.86 |
March 2025 | 237.40 | 182.61 |
April 2025 | 235.05 | 180.81 |
May 2025 | 228.20 | 175.54 |
June 2025 | 238.47 | 183.44 |
July 2025 | 233.79 | 179.84 |
August 2025 | 241.03 | 185.40 |
September 2025 | 243.92 | 187.63 |
October 2025 | 250.26 | 192.51 |
November 2025 | 256.52 | 197.32 |
December 2025 | 268.06 | 206.20 |
As we move through 2025, Gujarat Pipavav Port Ltd is projected to have varying maximum and minimum prices each month. In January, the maximum is expected at ₹230.19 and the minimum at ₹177.07, followed by February at ₹232.51 and ₹178.86, and March at ₹237.40 and ₹182.61. In April, the maximum price may be ₹235.05 and the minimum ₹180.81, while May could see a decrease to ₹228.20 and ₹175.54. June anticipates a rebound to ₹238.47 and ₹183.44, with July at ₹233.79 and ₹179.84, and August reaching ₹241.03 and ₹185.40. September may see a maximum of ₹243.92 and a minimum of ₹187.63, October at ₹250.26 and ₹192.51, November at ₹256.52 and ₹197.32, and December peaking at ₹268.06 and ₹206.20. An upward trend in prices is expected throughout the year.
When | Maximum Price | Minimum Price |
January 2026 | 276.10 | 212.39 |
February 2026 | 269.20 | 207.08 |
March 2026 | 274.58 | 211.22 |
April 2026 | 280.19 | 215.53 |
May 2026 | 277.41 | 213.39 |
June 2026 | 284.35 | 218.73 |
July 2026 | 278.77 | 214.44 |
August 2026 | 287.39 | 221.07 |
September 2026 | 293.14 | 225.49 |
October 2026 | 300.76 | 231.36 |
November 2026 | 308.28 | 237.14 |
December 2026 | 315.99 | 243.07 |
When | Maximum Price | Minimum Price |
January 2027 | 319.15 | 245.50 |
February 2027 | 327.33 | 251.79 |
March 2027 | 340.10 | 261.61 |
April 2027 | 333.43 | 256.48 |
May 2027 | 323.72 | 249.01 |
June 2027 | 338.29 | 260.22 |
July 2027 | 331.65 | 255.12 |
August 2027 | 341.91 | 263.01 |
September 2027 | 353.88 | 272.21 |
October 2027 | 363.08 | 279.29 |
November 2027 | 372.15 | 286.27 |
December 2027 | 381.46 | 293.43 |
When | Maximum Price | Minimum Price |
January 2028 | 389.09 | 299.30 |
February 2028 | 399.06 | 306.97 |
March 2028 | 414.63 | 318.94 |
April 2028 | 406.50 | 312.69 |
May 2028 | 394.66 | 303.58 |
June 2028 | 412.42 | 317.24 |
July 2028 | 404.33 | 311.02 |
August 2028 | 416.84 | 320.64 |
September 2028 | 431.42 | 331.87 |
October 2028 | 442.64 | 340.49 |
November 2028 | 453.71 | 349.01 |
December 2028 | 465.05 | 357.73 |
When | Maximum Price | Minimum Price |
January 2029 | 474.35 | 364.89 |
February 2029 | 486.51 | 374.24 |
March 2029 | 505.49 | 388.84 |
April 2029 | 495.58 | 381.21 |
May 2029 | 481.14 | 370.11 |
June 2029 | 502.79 | 386.76 |
July 2029 | 492.94 | 379.18 |
August 2029 | 508.18 | 390.91 |
September 2029 | 525.97 | 404.59 |
October 2029 | 539.64 | 415.11 |
November 2029 | 553.13 | 425.49 |
December 2029 | 566.96 | 436.12 |
When | Maximum Price | Minimum Price |
January 2030 | 578.30 | 444.85 |
February 2030 | 593.13 | 456.25 |
March 2030 | 616.26 | 474.05 |
April 2030 | 604.18 | 464.75 |
May 2030 | 586.58 | 451.22 |
June 2030 | 612.98 | 471.52 |
July 2030 | 600.96 | 462.27 |
August 2030 | 619.54 | 476.57 |
September 2030 | 641.23 | 493.25 |
October 2030 | 657.90 | 506.08 |
November 2030 | 674.35 | 518.73 |
December 2030 | 691.21 | 531.70 |
Financial Condition of Gujarat Pipavav Port Ltd: Last 5 Years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 735 | 733 | 741 | 917 | 988 | 1,020 |
Expenses + | 289 | 311 | 331 | 414 | 415 | 406 |
Operating Profit | 447 | 422 | 411 | 503 | 574 | 614 |
OPM % | 61% | 58% | 55% | 55% | 58% | 60% |
Other Income + | 78 | 48 | 30 | 35 | 31 | 43 |
Interest | 7 | 6 | 5 | 8 | 9 | 8 |
Depreciation | 131 | 133 | 129 | 116 | 116 | 116 |
Profit before tax | 386 | 330 | 307 | 413 | 479 | 533 |
Tax % | 17% | 33% | 36% | 24% | 29% | |
Net Profit + | 319 | 222 | 197 | 313 | 342 | 384 |
EPS in Rs | 6.61 | 4.59 | 4.08 | 6.48 | 7.07 | 7.94 |
Dividend Payout % | 85% | 98% | 98% | 94% | 103% |
The financial performance of Gujarat Pipavav Port Ltd over the past several years demonstrates a strong upward trajectory, particularly in sales and profitability. From March 2020 to March 2024, sales grew from ₹735 crores to ₹988 crores, highlighting the port’s expanding operational capacity. Despite a slight dip in sales in March 2021 and March 2022, the company rebounded impressively, achieving sales of ₹917 crores in March 2023 and reaching ₹1,020 crores in the trailing twelve months (TTM).
Expenses have remained relatively stable, with a modest rise from ₹289 crores in March 2020 to ₹415 crores in March 2024. This stability in expenses, coupled with increasing sales, contributed to a significant rise in operating profit, which improved from ₹447 crores in March 2020 to ₹614 crores in the TTM period. The operating profit margin (OPM) has also seen an upward trend, increasing from 55% in March 2022 to 60% in the TTM, reflecting improved efficiency and cost management.
Other income has varied over the years, peaking at ₹78 crores in March 2020 but settling at ₹31 crores by March 2024. Interest expenses have remained low, with a slight increase to ₹9 crores in March 2024, and depreciation has been consistent at around ₹116 crores in recent years.
Profit before tax has shown resilience, rising from ₹386 crores in March 2020 to ₹533 crores in the TTM. Net profit followed a similar trend, starting at ₹319 crores in March 2020 and reaching ₹384 crores in the TTM, demonstrating the company’s robust profitability. The earnings per share (EPS) have improved from ₹6.61 in March 2020 to ₹7.94 in the TTM, indicating enhanced shareholder value.
Moreover, Gujarat Pipavav Port Ltd has maintained a high dividend payout ratio, exceeding 100% in March 2024, reflecting the company’s commitment to returning value to its shareholders despite the increasing capital expenditures for future growth.
FAQs
What is the current market capitalization of Gujarat Pipavav Port Ltd?
Gujarat Pipavav Port Ltd’s current market capitalization stands at ₹9,918 crore.
As of October 21st, 2024, Gujarat Pipavav Port Ltd’s share price is ₹205.
The projected share price target for Gujarat Pipavav Port Ltd by December 2025 is ₹268.06.
By December 2030, Gujarat Pipavav Port Ltd’s projected share price target is ₹691.21.
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Gujarat Pipavav Port Ltd: A Comprehensive Analysis of Growth and Resilience
In conclusion, Gujarat Pipavav Port Ltd (GPPL) is a pivotal player in India’s maritime sector, supported by its strategic location and strong infrastructure, enhanced by its partnership with APM Terminals. The ongoing ₹3,320 crore expansion plan positions GPPL for substantial future growth, while a rise in public participation amid fluctuating institutional shareholding patterns reflects increasing confidence in its prospects. The company’s financial performance over the past five years shows consistent growth in sales and operating profits, highlighting its commitment to enhancing service quality and meeting rising cargo demands. With positive share price projections from 2024 to 2030, driven by expanding operational capacity and potential concession extensions, GPPL is well-equipped to contribute significantly to India’s logistics and economic growth, making it an attractive option for investors.
What did we learn?
- 1 Latest News on Gujarat Pipavav Port Ltd
- 2 Shareholdings Patterns of Gujarat Pipavav Port Ltd
- 3 How to Purchase Gujarat Pipavav Port Ltd Shares in India?
- 4 Gujarat Pipavav Port Share Price Prediction: 2024 – 2030
- 4.1 Gujarat Pipavav Port Share Price Prediction 2024
- 4.2 Gujarat Pipavav Port Share Price Target 2025
- 4.3 Gujarat Pipavav Port Share Price Prediction 2026
- 4.4 Gujarat Pipavav Port Share Price Target 2027
- 4.5 Gujarat Pipavav Port Share Price Target 2028
- 4.6 Gujarat Pipavav Port Share Price Target 2029
- 4.7 Gujarat Pipavav Port Share Price Target 2030
- 5 Financial Condition of Gujarat Pipavav Port Ltd: Last 5 Years
- 6 FAQs
- 6.1 What is the current market capitalization of Gujarat Pipavav Port Ltd?
- 6.2 What is the current share price of Gujarat Pipavav Port Ltd?
- 6.3 What is the projected share price target for Gujarat Pipavav Port Ltd in 2025?
- 6.4 What is the projected share price target for Gujarat Pipavav Port Ltd in 2030?
- 7 Gujarat Pipavav Port Ltd: A Comprehensive Analysis of Growth and Resilience