Indraprastha Gas Limited (IGL) AI Stock Analysis

• Market Cap: ₹290.08B
• Dividend Yield: 0.73%
• Average Volume (3M): 61.38K
• Price to Earnings (P/E): 17.4
• Beta (1Y): 1.34
• Revenue Growth: 8.41%
• EPS Growth: -14.33%
• Country: IN
• Employees: 719
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Gas
• EPS (TTM): 2.50
• Shares Outstanding: 1,400,001,600
• 10 Day Avg. Volume: 61,081
• 30 Day Avg. Volume: 61,380
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹236.29
• Price Target Upside: 15.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 75 Outperform
• Price Target: ₹234.00 ▲(14.29% Upside)

Indraprastha Gas Limited's strong financial performance is the most significant factor, supported by a solid balance sheet and robust revenue growth. Technical analysis presents a stable outlook, while valuation metrics suggest the stock is fairly priced. The absence of earnings call data and corporate events limits additional insights.

Indraprastha Gas Limited Business Overview & Revenue Model

Company Description

Indraprastha Gas Limited (IGL) is a leading natural gas distribution company in India, primarily operating in the National Capital Territory of Delhi and its adjoining areas. Established in 1998, IGL is involved in the distribution of compressed natural gas (CNG) to the automotive sector and piped natural gas (PNG) to households, commercial establishments, and industries. The company has been instrumental in promoting environmentally friendly fuel alternatives in urban areas, contributing significantly to reducing air pollution.

How the Company Makes Money

IGL generates its revenue primarily through the sale of compressed natural gas (CNG) and piped natural gas (PNG). The company supplies CNG to vehicles, including public transport and private cars, which constitutes a significant portion of its revenue. It also provides PNG to residential, commercial, and industrial customers, offering a cleaner and more efficient alternative to traditional fuels like LPG and diesel. Additionally, IGL earns from the installation and maintenance of gas infrastructure and equipment. Strategic partnerships and collaborations with local governments and regulatory bodies further enhance its market reach and customer base, contributing to its earnings. The company's pricing strategy is influenced by global natural gas prices, government policies, and competition, impacting its profit margins.

Indraprastha Gas Limited Financial Statement Overview

Summary

Indraprastha Gas Limited presents a strong financial profile with robust revenue and profit growth. The balance sheet is solid with low leverage, and cash flow generation is strong, although free cash flow growth has slightly decreased recently.

Income Statement

Indraprastha Gas Limited demonstrates strong and consistent revenue growth with a substantial improvement in gross profit margin from 2021 to 2025. The net profit margin remains healthy, indicating effective cost management. EBIT and EBITDA margins also show a positive trajectory, reflecting operational efficiency. However, the slight decrease in net income from 2024 to 2025 suggests a potential area for improvement.

Balance Sheet

The company's balance sheet is robust, with a commendable equity ratio signifying a strong capital structure. The low debt-to-equity ratio indicates prudent financial leverage, reducing financial risk. A steady increase in stockholders’ equity over the years highlights the company’s ability to generate shareholder value. The high return on equity further demonstrates efficient use of equity capital.

Cash Flow

Indraprastha Gas Limited showcases a solid cash flow position, with a significant increase in operating cash flow over the years, supporting its operations and investments. The free cash flow to net income ratio is healthy, although the free cash flow growth rate has decreased from 2024 to 2025, which could indicate higher capital expenditures or changes in working capital.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	149.28B	149.28B	140.00B	141.46B	77.10B	49.41B
Gross Profit	35.21B	38.55B	38.02B	37.10B	25.89B	21.26B
EBITDA	23.05B	19.73B	29.63B	22.59B	20.65B	16.06B
Net Income	17.17B	17.18B	19.85B	16.40B	15.02B	11.73B
Balance Sheet
Total Assets	155.81B	155.81B	142.20B	126.21B	111.02B	90.50B
Cash, Cash Equivalents and Short-Term Investments	35.94B	35.94B	30.10B	18.30B	30.61B	26.89B
Total Debt	934.90M	934.90M	811.70M	827.70M	1.08B	1.13B
Total Liabilities	49.39B	49.39B	45.70B	46.89B	35.16B	27.16B
Stockholders Equity	106.16B	106.16B	96.33B	79.31B	75.86B	63.34B
Cash Flow
Free Cash Flow	0.00	10.35B	3.03B	11.09B	5.61B	6.63B
Operating Cash Flow	0.00	21.99B	15.32B	22.31B	18.98B	15.46B
Investing Cash Flow	0.00	-15.19B	-11.03B	-8.41B	-15.85B	-18.26B
Financing Cash Flow	0.00	-7.54B	-3.16B	-13.59B	-3.28B	-2.97B

Indraprastha Gas Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 204.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• 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 204.75 is below the 20-day moving average (MA) of 211.93, below the 50-day MA of 208.22, and above the 200-day MA of 201.00, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 39.32 is Neutral, neither overbought nor oversold. The STOCH value of 4.76 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
IGL	75 Outperform	₹290.08B	17.42	―	0.73%	8.41%	-14.33%
GAIL	74 Outperform	1.16T	9.93	14.65%	4.30%	5.40%	3.06%
MGL	74 Outperform	126.38B	11.81	17.70%	2.38%	19.68%	-10.62%
ATGL	73 Outperform	734.23B	113.34	15.56%	0.04%	14.65%	-5.99%
GSPL	71 Outperform	180.86B	16.28	9.54%	1.59%	0.44%	-33.05%
GUJGASLTD	69 Neutral	298.76B	26.09	13.53%	1.35%	-2.76%	-9.00%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%

Indraprastha Gas Limited Corporate Events

Indraprastha Gas Limited Reports Strong Financial Results and Proposes Final Dividend

Indraprastha Gas Limited announced its audited financial results for the fiscal year ending March 31, 2025, reporting a total income of INR 16,908 crore, an increase from the previous year. The company also recommended a final dividend of 75%, equivalent to INR 1.5 per share, pending shareholder approval, reflecting its strong financial performance and commitment to returning value to its investors.