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Indraprastha Gas Limited

Indraprastha Gas Limited

NSE: IGL
Utilities - Regulated GasUtilitiesMID CAPMCap ₹20.03k Cr
₹143.06₹-2.08 (-1.43%)

Live • NSE

Market cap₹20.03k Cr
Enterprise value₹16.07k Cr
P/E TTM15.69
Forward P/E10.17
P/B1.74
EPS TTM₹9.12
Forward EPS₹14.07
ROCE17.50%
D/E0.85
Dividend yield0.02%
Face value₹2.00
52W high₹219.10
52W low₹139.20
Price chart(1Y)
1Y Return:-12.51% (₹20.46)
H: ₹175.6L: ₹139.2
1W-0.42%
1M-3.77%
3M-6.90%
6M-13.59%
1Y-31.30%
Today at a glance

Day range

₹142.75₹145.28

52 week range

₹139.20₹219.10
Volume791.8K0.42x 20D avg
Free float50.00%-58.10% volume

Indraprastha Gas Limited closed at INR143.06 (-1.43%) on volume 0.42x its 20-day average, trading 34.71% below its 52-week high.

Technical analysis
RSI (14)44.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹3.66Moderate
SMA 20₹144.68BEARISH
SMA 50₹148.45BEARISH
SMA 100₹153.59BEARISH
SMA 200₹160.12BEARISH
CPR bottom₹144.61
Pivot₹144.78
CPR top₹144.96
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -29.8% QoQ

2026-10-01

DIVIDEND Announced

Dividend - Rs 1.50 Per Share

2026-02-18

DIVIDEND Announced

Interim Dividend - Rs 3.25 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹97.8 Cr₹20.03k Cr0.49%≤ 33%PASS
Non-halal income ratio–₹16.17k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹16.86k Cr₹17.03k Cr99.00%≥ 20%PASS
Receivables ratio–₹17.03k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.6921.10
Forward P/E10.17—
P/B1.741.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield6.404.70
Growth & profitability
RevenuePAT
FY25PAT margin 9.80%
FY26PAT margin 9.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+2.70%
Revenue CAGR 5Y+1.60%
PAT CAGR 3Y+1.80%
PAT CAGR 5Y-2.00%
Operating margin3.41%
Net margin8.08%
Financial health & cash flow
Net debt–Moderate
Interest coverage85.90xEBIT / interest
CFO / PAT1.25x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.94k Cr
Capital expenditure–
Free cash flow₹588.3 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation60/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 17.5%

High Cash Flow Conversion: CFO/PAT averaged 1.25x over last 3 years

Attractive Valuation: P/E of 15.7x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Utilities - Regulated Gas.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
40.33%Institutional holding
9.65%Public holding
5Periods available
0.00%Promoter pledged
3.65LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
01 Oct 2026Dividend₹1.50 / share—01 Oct 2026
19 Feb 2026Dividend₹3.25 / share—18 Feb 2026
15 Sept 2025Dividend₹1.50 / share—15 Sept 2025
31 Jan 2025Bonus issue1:1 bonus ratio—31 Jan 2025
12 Nov 2024Dividend₹5.50 / share—12 Nov 2024
—Dividend₹5.00 / share—13 Sept 2024
15 Nov 2023Dividend₹4.00 / share—15 Nov 2023
31 Mar 2023Dividend₹10.00 / share—31 Mar 2023
07 Feb 2023Dividend₹3.00 / share—07 Feb 2023
—Dividend₹5.50 / share—15 Sept 2022
—Dividend₹3.60 / share—16 Sept 2021
—Dividend₹2.80 / share—17 Sept 2020
—Dividend₹2.40 / share—12 Sept 2019
—Dividend₹2.00 / share—14 Sept 2018
10 Nov 2017Dividend₹10.00 / share—09 Nov 2017
—Dividend₹5.00 / share—18 Sept 2017
30 Nov 2016Dividend₹3.50 / share—29 Nov 2016
—Dividend₹6.00 / share—16 Sept 2016
—Dividend₹6.00 / share—09 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)50.48%+3.27% latest vs average
Highest delivery64.34%on 18 Sept
Average volume (20D)1.89MTrading-session average
Conviction trendStrengthening+3.27% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About Indraprastha Gas Limited
Indraprastha Gas Limited

Incorporated in the year 1998, Indraprastha Gas Limited (IGL) is in the business of city gas distribution in the National Capital Territory of Delhi. IGL also supplies the gas to the near by regions of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut, Shamli, Kanpur, Muzaffarnagar, Karnal and Rewari, Hamirpur, Fatehpur, Ajmer, Pali, Rajasmand.

IndiaUtilities

Questions investors ask
Is Indraprastha Gas Limited Shariah compliant?

Indraprastha Gas Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.49%) complies with AAOIFI threshold (≤ 33%).

What is Indraprastha Gas Limited's current valuation relative to peers?

Indraprastha Gas Limited trades at a P/E of 15.7x compared to the sector median of 21.1x, and a Price-to-Book of 1.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.85x. Interest coverage is 85.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.6% while net profit growth averaged -2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.