Indraprastha Gas Limited (IGL) AI Stock Analysis

• Market Cap: ₹207.55B
• Dividend Yield: 0.77%
• Average Volume (3M): 95.80K
• Price to Earnings (P/E): 17.3
• Beta (1Y): 1.18
• Revenue Growth: 8.88%
• EPS Growth: -13.51%
• Country: IN
• Employees: 719
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Gas
• EPS (TTM): 2.70
• Shares Outstanding: 1,400,001,600
• 10 Day Avg. Volume: 156,867
• 30 Day Avg. Volume: 95,802
• PEG Ratio: -1.22
• Price to Book (P/B): 2.66
• Price to Sales (P/S): 1.89
• P/FCF Ratio: 27.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹215.00
• Price Target Upside: 10.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 11.06
• Revenue Forecast (FY): ₹162.21B

• Rating: 75 Outperform
• Price Target: ₹166.00 ▼(-14.61% Downside)
• Action: Reiterated Date: 10/30/25
• Date: Action: Reiterated 10/30/25

Indraprastha Gas Limited's strong financial performance is the primary driver of its overall score, supported by a robust balance sheet and consistent revenue growth. The technical analysis indicates a neutral market position, while the valuation suggests moderate attractiveness. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Strong balance sheet

Low leverage and a rising equity base provide durable financial flexibility. A strong capital structure and high ROE reduce refinancing risk, support sustained capex for network expansion, and preserve capacity to pay dividends or withstand demand shocks over the next 2–6 months.

Negative Factors

Slowing free cash flow growth

A decline in FCF growth suggests rising capex or working capital needs that can reduce discretionary cash available for dividends, debt reduction, or strategic projects. If sustained, it may pressure liquidity and limit balance-sheet flexibility over the medium term.

Indraprastha Gas Limited Business Overview & Revenue Model

Company Description

Indraprastha Gas Limited engages in the distribution of natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors in Delhi, Greater Noida,...

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Indraprastha Gas Limited engages in the distribution of natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors in Delhi, Greater Noida,...

How the Company Makes Money

IGL makes money mainly by selling natural gas to end customers in its licensed CGD areas, earning a margin between its gas procurement costs (and transportation/operating costs) and the regulated/market-linked retail prices it charges across custo...

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IGL makes money mainly by selling natural gas to end customers in its licensed CGD areas, earning a margin between its gas procurement costs (and transportation/operating costs) and the regulated/market-linked retail prices it charges across custo...

Indraprastha Gas Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	156.47B	149.28B	140.00B	141.33B	77.10B	49.41B
Gross Profit	32.70B	34.31B	38.02B	33.71B	30.23B	24.11B
EBITDA	19.42B	19.31B	23.24B	19.76B	18.41B	14.42B
Net Income	15.97B	17.18B	19.85B	16.40B	15.02B	11.73B
Balance Sheet
Total Assets	167.62B	155.81B	142.20B	126.21B	111.02B	90.50B
Cash, Cash Equivalents and Short-Term Investments	47.75B	35.94B	30.10B	18.30B	30.61B	26.89B
Total Debt	1.02B	934.90M	811.70M	827.70M	1.08B	1.46B
Total Liabilities	55.17B	49.39B	45.70B	46.89B	35.16B	27.16B
Stockholders Equity	112.21B	106.16B	96.33B	79.31B	75.86B	63.34B
Cash Flow
Free Cash Flow	3.68B	10.35B	3.03B	11.09B	5.61B	6.63B
Operating Cash Flow	11.04B	21.99B	15.32B	22.31B	18.98B	15.46B
Investing Cash Flow	-6.38B	-15.19B	-11.03B	-8.41B	-15.85B	-18.26B
Financing Cash Flow	-134.10M	-7.54B	-3.16B	-13.59B	-3.28B	-2.97B

Indraprastha Gas Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 194.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IGL, the sentiment is Negative. The current price of 194.4 is above the 20-day moving average (MA) of 157.72, above the 50-day MA of 166.12, and above the 200-day MA of 192.98, indicating a bearish trend. The MACD of -5.18 indicates Positive momentum. The RSI at 33.74 is Neutral, neither overbought nor oversold. The STOCH value of 13.31 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:IGL.

Indraprastha Gas Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GAIL	77 Outperform	₹901.77B	16.11	―	4.39%	5.91%	-5.42%
IGL	75 Outperform	₹207.55B	17.31	―	0.77%	8.88%	-13.51%
GSPL	71 Outperform	₹132.53B	16.83	―	1.69%	0.44%	-33.05%
MGL	69 Neutral	₹92.88B	13.95	―	2.62%	19.78%	-14.38%
GUJGASLTD	69 Neutral	₹218.87B	26.58	―	1.47%	-2.39%	-12.17%
ATGL	68 Neutral	₹582.29B	98.39	―	0.04%	16.61%	-10.87%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%