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.
Content:
- Indraprastha Gas Ltd Overview
- Indraprastha Gas Limited Financial Results
- Indraprastha Gas Ltd Financial Analysis
- Indraprastha Gas Ltd Company Metrics
- Indraprastha Gas Limited Stock Performance
- Indraprastha Gas Ltd Peer Comparison
- Indraprastha Gas Shareholding Pattern
- Indraprastha Gas Ltd History
- How To Invest In Indraprastha Gas Ltd Share?
- Indraprastha Gas Ltd Fundamental Analysis – FAQs
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.
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 24 | FY 23 | FY 22 | |
| Sales | 14,000 | 14,146 | 7,710 |
| Expenses | 11,636 | 12,106 | 5,829 |
| Operating Profit | 2,364 | 2,040 | 1,881 |
| OPM % | 17 | 14 | 24 |
| Other Income | 261 | 203 | 177 |
| EBITDA | 2,625 | 2,243 | 2,058 |
| Interest | 9 | 11 | 13 |
| Depreciation | 414 | 363 | 317 |
| Profit Before Tax | 2,201 | 1,869 | 1,727 |
| Tax % | 25 | 26 | 26 |
| Net Profit | 1,983 | 1,640 | 1,502 |
| EPS | 28.36 | 23.42 | 21.46 |
| Dividend Payout % | 31.73 | 55.51 | 25.63 |
* 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.
| Period | Return on Investment (%) |
| 1 Year | 25.0 |
| 3 Years | 1.65 |
| 5 Years | 11.2 |
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%.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| GAIL (India) | 236.9 | 155764.11 | 13.76 | 13.97 | 17.17 | 108.85 | 14.66 | 2.28 |
| Adani Total Gas | 858.5 | 94418.66 | 136.97 | 20.46 | 6.27 | 28.87 | 21.2 | 0.03 |
| Petronet LNG | 378.5 | 56775 | 14.64 | 22.19 | 25.92 | 69.39 | 26.41 | 2.64 |
| Gujarat Gas | 587.8 | 40463.6 | 33.27 | 15 | 18.27 | 29.89 | 20.15 | 1.13 |
| Indraprastha Gas | 528.2 | 36974.04 | 18.63 | 1.04 | 24.44 | 15.53 | 30.42 | 1.7 |
| Guj.St.Petronet | 327.15 | 18458.24 | 11.05 | 16.06 | 30.12 | 16.42 | 21.28 | 1.56 |
| Mahanagar Gas | 1841 | 18185.05 | 15.08 | 27.79 | 122.01 | 85.3 | 36.6 | 1.61 |
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-24 | Mar-24 | Dec-23 |
| Promoters | 45.00 | 45.00 | 45.00 |
| FII | 16.16 | 16.81 | 17.91 |
| DII | 25.11 | 24.23 | 22.75 |
| Retail & others | 13.73 | 13.95 | 14.35 |
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.
Indraprastha Gas Ltd Fundamental Analysis – FAQs
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.
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.
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.
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.
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.
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.
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.
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.
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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.
