URL copied to clipboard
Indian Hotels Company Ltd Fundamental Analysis English

5 min read

Indraprastha Gas Fundamental Analysis

Indraprastha Gas Ltd’s fundamental analysis reveals key financial metrics: a Market Cap of ₹36,974.04 crore, a PE Ratio of 18.63, a debt-to-equity ratio of 1.04, and a Return on Equity of 21.13%. These indicators offer insights into the company’s financial health and market valuation.

Indraprastha Gas Ltd Overview

Indraprastha Gas Ltd is an Indian city gas distribution (CGD) company primarily engaged in the sale of natural gas. It operates in the energy sector, focusing on industrial and commercial business, providing CNG and PNG to various consumers.

The company is listed on both the NSE and BSE. With a market capitalisation of ₹36,974.04 crore, it’s currently 5.91% away from its 52-week high and 40.59% away from its 52-week low.

Alice Blue Image

Indraprastha Gas Limited Financial Results

Indraprastha Gas Ltd demonstrated consistent financial performance in FY24, with sales reaching ₹14,000 Crores, slightly down from ₹14,146 Crores in FY23. The company maintained a strong operating profit of ₹2,364 Crores, reflecting an improved OPM of 17% compared to the previous year.

1. Revenue Trend: Sales slightly decreased to ₹14,000 Crores in FY24 from ₹14,146 Crores in FY23, indicating stable performance despite market fluctuations.

2. Equity and Liabilities: The equity capital remained steady at ₹140 Crores, while total liabilities increased to ₹14,220 Crores in FY24 from ₹12,621 Crores in FY23, reflecting a balanced financial structure.

3. Profitability: Operating profit improved to ₹2,364 Crores in FY24 from ₹2,040 Crores in FY23, maintaining an OPM of 17%, showing efficient cost management.

4. Earnings per Share (EPS): EPS increased to ₹28.36 in FY24 from ₹23.42 in FY23, reflecting enhanced shareholder returns through better profitability.

5. Return on Net Worth (RoNW): The company’s RoNW improved, with reserves growing to ₹9,493 Crores in FY24 from ₹7,791 Crores in FY23, indicating strong financial health.

6. Financial Position: Total assets increased to ₹14,220 Crores in FY24 from ₹12,621 Crores in FY23, showcasing growth and a solid financial base for future expansion.

Indraprastha Gas Ltd Financial Analysis

FY 24FY 23FY 22
Sales14,00014,1467,710
Expenses 11,63612,1065,829
Operating Profit 2,3642,0401,881
OPM % 171424
Other Income 261203177
EBITDA 2,6252,2432,058
Interest 91113
Depreciation 414363317
Profit Before Tax 2,2011,8691,727
Tax %252626
Net Profit1,9831,6401,502
EPS28.3623.4221.46
Dividend Payout %31.7355.5125.63

* Consolidated Figures in Rs. Crores

Indraprastha Gas Ltd Company Metrics

Indraprastha Gas Ltd company metrics include a market capitalization of ₹36,974.04 crore, a book value per share of ₹122, and a face value of ₹2. With a debt-to-equity ratio of 1.04, a return on equity of 21.13%, and a 1.7% dividend yield, these figures underscore the company’s financial position and investment profile.

Market Capitalization: Market Capitalization represents the total market value of Indraprastha Gas’s outstanding shares, amounting to ₹36,974.04 crore.

Book Value: The book value per share of Indraprastha Gas is ₹122, indicating the value of the company’s net assets divided by its outstanding shares.

Face Value: The face value of Indraprastha Gas’s shares is ₹2, which is the original cost of the shares as stated on the certificate.

Asset Turnover Ratio: The asset turnover ratio of 1.23 measures how efficiently Indraprastha Gas uses its assets to generate revenue.

Total Debt: The total debt of ₹82.77 crore represents the sum of all short-term and long-term debt obligations of Indraprastha Gas.

Return on Equity (ROE): The ROE of 21.13% measures Indraprastha Gas’s profitability in generating income from its equity investments.

EBITDA (Q): The quarterly EBITDA of ₹733.44 crore represents Indraprastha Gas’s earnings before interest, taxes, depreciation, and amortization.

Dividend Yield: The dividend yield of 1.7% shows the annual dividend payment as a percentage of Indraprastha Gas’s current share price, indicating the return on investment from dividends alone.

Indraprastha Gas Limited Stock Performance

Indraprastha Gas Ltd has delivered a 1-year return on investment of 25.0%, a modest 3-year return of 1.65%, and a 5-year return of 11.2%. These figures highlight the company’s ability to generate returns over varying periods, reflecting a stable yet moderate growth trajectory for investors.

PeriodReturn on Investment (%)
1 Year25.0 
3 Years1.65 
5 Years11.2 

Example: If an investor had invested ₹1,000 in Indraprastha Gas Ltd stock:

1 year ago, their investment would be worth ₹1,250.

3 years ago, their investment would have grown to approximately ₹1,016.50.

5 years ago, their investment would have increased to approximately ₹1,112.

Indraprastha Gas Ltd Peer Comparison

Indraprastha Gas Ltd has a market cap of ₹36,974.04 Crores and a P/E of 18.63. With an ROE of 1.04% and a 1-year return of 15.53%, it lags behind peers like GAIL (108.85% return) and Mahanagar Gas (85.3% return), despite a solid ROCE of 30.42%.

NameCMP Rs.Mar Cap Rs.Cr.P/EROE %EPS 12M Rs.1Yr return %ROCE %Div Yld %
GAIL (India)236.9155764.1113.7613.9717.17108.8514.662.28
Adani Total Gas858.594418.66136.9720.466.2728.8721.20.03
Petronet LNG378.55677514.6422.1925.9269.3926.412.64
Gujarat Gas587.840463.633.271518.2729.8920.151.13
Indraprastha Gas528.236974.0418.631.0424.4415.5330.421.7
Guj.St.Petronet327.1518458.2411.0516.0630.1216.4221.281.56
Mahanagar Gas184118185.0515.0827.79122.0185.336.61.61

Indraprastha Gas Shareholding Pattern

Indraprastha Gas Ltd shows a consistent promoter holding at 45.00% from Dec-23 to June-24. FII holdings slightly decreased from 17.91% in Dec-23 to 16.16% in Jun-24. DII holdings increased to 25.11% in Jun-24, while retail and others decreased to 13.73%.

All values in %Jun-24Mar-24Dec-23
Promoters45.0045.0045.00
FII16.1616.8117.91
DII25.1124.2322.75
Retail & others13.7313.9514.35

Indraprastha Gas Ltd History

Indraprastha Gas Limited (IGL) is a leading city gas distribution company in India, specializing in the sale of natural gas. The company focuses on providing safe and uninterrupted gas supply to transport, domestic, commercial, and industrial consumers through its extensive distribution network.

IGL’s primary offerings include Compressed Natural Gas (CNG) for the transport sector and Piped Natural Gas (PNG) for various applications. The company’s operations span across the National Capital Territory of Delhi, as well as several districts in neighbouring states including Noida, Greater Noida, Ghaziabad, and Gurugram.

The company has expanded its reach to cover multiple districts across northern India, including Meerut, Shamli, Muzaffarnagar, Karnal, Rewari, Kanpur, Hamirpur, Fatehpur, Kaithal, Ajmer, Pali, and Rajsamand. This extensive coverage demonstrates IGL’s significant presence in the city gas distribution sector.

How To Invest In Indraprastha Gas Ltd Share?

To invest in Indraprastha Gas shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance, and position in the city gas distribution sector. Analyze historical stock data and compare it with industry peers.

Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as natural gas demand, government policies on clean energy, and the company’s expansion plans. Decide on the investment amount and timing.

Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results, and energy sector trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.

Alice Blue Image

Indraprastha Gas Ltd Fundamental Analysis – FAQs

1. What Is The Fundamental Analysis Of Indraprastha Gas Ltd?

Indraprastha Gas Ltd’s fundamental analysis reveals a Market Cap of ₹36,974.04 crore, PE Ratio of 18.63, Debt to Equity of 1.04, and Return on Equity of 21.13%. These metrics provide insights into the company’s financial health, profitability, and market valuation.

2. What is the Market Cap of Indraprastha Gas Ltd?

Indraprastha Gas Ltd’s market capitalization is ₹36,974.04 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.

3. What Is Indraprastha Gas Limited?

Indraprastha Gas Limited is an Indian city gas distribution company specializing in the sale of natural gas. It provides Compressed Natural Gas (CNG) for transport and Piped Natural Gas (PNG) for domestic, commercial, and industrial use in Delhi and neighbouring regions.

4. Who Owns Indraprastha Gas Ltd?

Indraprastha Gas Ltd is a public limited company with diverse ownership. Key stakeholders include GAIL (India) Limited and Bharat Petroleum Corporation Limited, each holding significant stakes. The remaining shares are held by various institutional and individual investors.

5. Who Are The Main Shareholders Of Indraprastha Gas Ltd?

The main shareholders of Indraprastha Gas Ltd include GAIL (India) Limited, Bharat Petroleum Corporation Limited, institutional investors, and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.

6. What Type Of Industry Is Indraprastha Gas?

Indraprastha Gas operates in the city gas distribution industry. It specializes in the distribution and sale of natural gas, primarily providing Compressed Natural Gas (CNG) for vehicles and Piped Natural Gas (PNG) for domestic, commercial, and industrial consumers in urban areas.

7. How To Invest In Indraprastha Gas Ltd Share?

To invest in Indraprastha Gas shares, open a demat account with Alice Blue. Research the company’s performance and energy sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.

8. Is Indraprastha Gas Overvalued Or Undervalued?

Determining if Indraprastha Gas is overvalued or undervalued requires analyzing its financials, growth prospects, industry position, and peer comparison. Consider factors like PE ratio, future earnings potential, and natural gas sector trends. Consult recent analyst reports for expert opinions on the company’s valuation.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

All Topics
Related Posts
What Is Premium In Stock Market English
Finance

What Is Premium In Stock Market?

Premium in the stock market refers to the additional amount that an investor pays above the intrinsic or face value of a stock or option.

Expiry Day Option Buying Strategy
Finance

Expiry Day Option Buying Strategy

Expiry Day Option Buying Strategy involves purchasing options on the day they expire to take advantage of high volatility and rapid price movements. Traders use

QIB Full Form
Finance

QIB Full Form

QIB stands for Qualified Institutional Buyer. These are institutional investors, such as mutual funds, insurance companies, and foreign portfolio investors, authorized by financial market regulators