IGL · NSE
Indraprastha Gas Limited
₹148.56
-0.07% (-₹0.11)
Prev. close
₹148.67
Volume
45,39,547
Delivery %
64.3%
As of
18 Sept 2026
Price history
Nomura Analysis · Nomura Global Markets Research · 17 Aug 2026
“Neutral on Indraprastha Gas (IGL) with a target price of ₹155, implying a modest 2.2% upside. The downgrade follows a Q1 performance below estimates due to weaker margins. Nomura expects the Delhi EV policy to drag on CNG volumes and margins to remain under pressure in Q2, making IGL its least-preferred city gas distributor pick.”
Published mid-session at 11:27 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts lean bullish
3 analyst stances · last 90 days · one per analyst
Trackable
3 · 2 bull / 1 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on IGL and MGL, as the additional APM gas allocation is expected to significantly benefit both companies. This g…” | Probal SenICICI Securities | IGL | MISS | ||||
| “Neutral on Indraprastha Gas (IGL) with a target price of ₹155, implying a modest 2.2% upside. The downgrade follows a Q1…” | Nomura AnalysisNomura Global Markets Research | Indraprastha Gas (IGL) | PENDING | ||||
“Neutral on Indraprastha Gas (IGL) with a target price of ₹155, implying a modest 2.2% upside. The downgrade follows a Q1 performance below estimates due to weaker margins. Nomura expects the Delhi EV policy to drag on CNG volumes and margins to remain under pressure in Q2, making IGL its least-preferred city gas distributor pick.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Maintained an 'Outperform' rating on Indraprastha Gas (IGL) but cut its target price to ₹195 from ₹210, implying a 28.5%…” | CLSA AnalysisCLSA | Indraprastha Gas (IGL) | PENDING | ||||
Fundamentals
About Indraprastha Gas Limited
Indraprastha Gas Limited distributes and sells natural gas in India. It supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors. The company operates CNG stations, as well as steel pipeline and MDPE networks. It serves households; hotels, restaurants, malls, commercial complexes, educational/religious institutions, and hospitals; and metal, textiles, food and beverages, pharmaceuticals, chemical, auto and ancillary, and packaging industries. The company was incorporated in 1998 and is headquartered in New Delhi, India.
Details
Sector
Utilities
Industry
Utilities - Regulated Gas
CEO
Mr. Manjeet Singh Gulati
Headquarters
New Delhi
Employees
709
Website
iglonline.netExchange
View on NSE ↗Key stats
Market cap
₹20,798.42 Cr
P/E ratio (TTM)
16.3
Dividend yield
2.02%
EPS (TTM)
₹9.13
Beta (1Y · daily vs NIFTY 50)
0.93
Beta (5Y · monthly vs NIFTY 50)
1.20
Shares float
69.84 Cr
EPS · quarter ended Jun 2026
₹1.12
Upcoming earnings
12 Nov 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹5,438.68 Cr | ₹8,484.73 Cr | ₹14,086.50 Cr | ₹13,946.62 Cr | ₹14,860.77 Cr | ₹16,106.64 Cr | |
| EBITDA | ₹1,597.82 Cr | ₹2,057.75 Cr | ₹2,494.42 Cr | ₹2,963.27 Cr | ₹2,665.78 Cr | ₹2,509.72 Cr |
| ₹1,172.55 Cr | ₹1,502.27 Cr | ₹1,639.65 Cr | ₹1,983.40 Cr | ₹1,713.01 Cr | ₹1,543.51 Cr | |
| Diluted EPS | ₹8.38 | ₹10.73 | ₹11.71 | ₹14.18 | ₹12.27 | ₹11.07 |
EBITDA for at least one year shown could not be independently verified against the company's own annual report — the two sources disagree for at least one overlapping year, so the year(s) this deck cannot verify are left blank rather than shown with an unverified number.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹9,054.00 Cr | ₹11,107.00 Cr | ₹12,628.00 Cr | ₹14,225.00 Cr | ₹15,590.00 Cr | ₹17,035.00 Cr | |
| — | ₹107.64 Cr | ₹82.77 Cr | ₹81.17 Cr | ₹93.49 Cr | ₹97.75 Cr | |
| Stockholders' equity | ₹6,334.00 Cr | ₹7,586.00 Cr | ₹7,931.00 Cr | ₹9,633.00 Cr | ₹10,616.00 Cr | ₹11,504.00 Cr |
Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,546.00 Cr | ₹1,898.00 Cr | ₹2,231.00 Cr | ₹1,532.00 Cr | ₹2,184.00 Cr | ₹1,936.00 Cr | |
| Investing cash flow | ₹-1,826.38 Cr | ₹-1,584.76 Cr | ₹-841.36 Cr | ₹-1,102.80 Cr | ₹-1,503.91 Cr | ₹-1,211.42 Cr |
| ₹-297.00 Cr | ₹-328.00 Cr | ₹-1,359.00 Cr | ₹-316.00 Cr | ₹-754.00 Cr | ₹-699.00 Cr | |
| Capital expenditure | ₹-5,710.66 Cr | ₹-1,336.95 Cr | ₹-1,122.05 Cr | ₹-1,229.05 Cr | ₹-1,164.22 Cr | ₹-1,347.33 Cr |
| End cash position | ₹90.32 Cr | ₹75.00 Cr | ₹105.61 Cr | ₹219.04 Cr | ₹144.62 Cr | ₹169.45 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Jun 26(21Q) |
|---|---|
| Promoter | 45.00% |
| Public | 55.00% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Utilities
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Adani Power Limited | ₹3.97 L Cr | ₹206.6 | 27.9 | 6.12 | 19.8% | 0.84 | -3.5% | -67.3% |
| NTPC Limited | ₹3.20 L Cr | ₹323.65 | 10.1 | 1.57 | 13.3% | 1.33 | -1.2% | -3.9% |
| Power Grid Corporation of India Limited | ₹2.45 L Cr | ₹270.3 | 12.9 | 2.44 | 15.8% | 1.51 | +1.6% | -6.5% |
| Adani Green Energy Limited | ₹2.10 L Cr | ₹1,334.5 | 122.3 | 10.51 | 8.3% | 5.08 | +11.6% | +36.3% |
| Adani Energy Solutions Limited | ₹1.70 L Cr | ₹1,436.1 | 57.1 | 6.67 | 9.0% | 1.93 | +15.4% | +71.5% |
| Tata Power Company Limited | ₹1.18 L Cr | ₹374.8 | 30.6 | 2.99 | 9.5% | 2.02 | -4.8% | -4.7% |
| GAIL (India) Limited | ₹1.13 L Cr | ₹173.9 | 11.4 | 1.27 | 8.5% | 0.28 | -0.2% | -3.9% |
| Siemens Energy India Limited | ₹1.11 L Cr | ₹3,228 | 74.2 | 25.27 | 25.1% | 0.03 | +63.5% | -7.1% |
| JSW Energy Limited | ₹93,817.50 Cr | ₹526 | 40.3 | 3.05 | 7.3% | 2.50 | +62.8% | -2.2% |
| NHPC Limited | ₹75,749.61 Cr | ₹75.2 | 27.6 | 1.83 | 9.1% | 1.32 | +7.2% | -13.8% |
| NTPC Green Energy Limited | ₹73,797.80 Cr | ₹88.55 | 141.3 | 3.89 | 2.8% | 1.67 | +29.8% | -14.7% |
| Indraprastha Gas Limited | ₹20,813.82 Cr | ₹148.56 | 16.3 | 1.81 | 13.5% | 0.01 | +8.4% | -31.1% |
Ranked by market cap within Utilities, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 23
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
32 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.