Indraprastha Gas Ltd (IGL)
₹149.33
Mkt cap
₹20,906 Cr
P/E ratio
13.50
P/B
1.82
Div yield
2.85%
ROE
14.00%
ROCE
17.90%
EPS (TTM)
₹11.06
Book value
₹82
52W range
146–220
Sector
Energy
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. IGL is formed as a JV promoted by GAIL (India) Limited and Bharat Petroleum Corporation (BPCL). Government of NCT of Delhi is holding 5% equity. [1]
Health check
Cautious
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−32.16% from high₹149
₹146+2.55% from low₹220
Current
₹149.33
Prev close
₹149.90
Day
−0.38%
Price performance
1D
−0.38%
1W
−3.45%
1M
−12.35%
3M
−9.28%
6M
−15.41%
1Y
−31.83%
YTD
−23.16%
Financials
FRevenue, profit & margin
P/E ratio
13.5×
IGL is 4% below the sector median of 14.0×
IGL13.5×
Sector median14.0×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,682 | 3,407 | 3,459 | 3,556 | 3,597 | 3,517 | 3,698 | 3,759 | 3,948 | 3,914 | 4,023 | 4,068 | 4,163 | |
| Expenses | 3,221 | 2,765 | 2,802 | 2,994 | 3,076 | 2,940 | 3,163 | 3,397 | 3,455 | 3,403 | 3,582 | 3,597 | 3,742 | |
| Operating Profit | 461 | 642 | 657 | 562 | 521 | 576 | 535 | 362 | 493 | 511 | 441 | 471 | 421 | |
| OPM % | 13% | 19% | 19% | 16% | 14% | 16% | 14% | 10% | 12% | 13% | 11% | 12% | 10% | |
| Other Income | 139 | 129 | 152 | 140 | 161 | 157 | 174 | 170 | 202 | 164 | 178 | 167 | 166 | |
| Interest | 3 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 4 | 3 | 3 | 2 | 8 | |
| Depreciation | 94 | 99 | 102 | 102 | 111 | 114 | 119 | 122 | 121 | 124 | 128 | 132 | 133 | |
| Profit before tax | 503 | 670 | 704 | 599 | 569 | 617 | 588 | 408 | 570 | 548 | 488 | 503 | 447 | |
| Tax % | 21% | 22% | 22% | 21% | 24% | 22% | 23% | 20% | 20% | 22% | 21% | 22% | 24% | |
| Net Profit | 398 | 522 | 553 | 475 | 433 | 480 | 454 | 325 | 453 | 428 | 385 | 392 | 339 | |
| EPS in Rs | 2.84 | 3.73 | 3.95 | 3.40 | 3.10 | 3.44 | 3.25 | 2.33 | 3.25 | 3.06 | 2.76 | 2.81 | 2.43 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.38% · closed higher next day 40 of last 63
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 24 Jul '23 | 2 Nov '23 | 25 Jan '24◦ | 8 May '24 | 25 Jul '24 | 29 Oct '24 | 28 Jan '25 | 27 Apr '25◦ | 31 Jul '25 | 12 Nov '25◦ | 12 Feb '26◦ | 18 May '26◦ |
| Earnings day | −4.80% | +2.28% | +3.44% | +3.35% | −2.51% | +3.09% | +1.40% | +4.00% | +0.93% | +2.28% | −1.83% | +3.77% |
| +1 day | −4.18% | +5.10% | +5.04% | +0.79% | −1.51% | +4.00% | +3.43% | +3.84% | −0.80% | +1.16% | +0.94% | +2.08% |
| +5 days | −6.31% | +3.65% | +8.59% | +0.74% | −1.30% | +6.71% | +1.55% | +14.87% | +1.13% | −2.93% | −0.83% | +9.48% |
| +15 days | −11.90% | +2.84% | +8.53% | +5.71% | −0.54% | −22.74% | +0.79% | +15.27% | +1.99% | −7.86% | −8.76% | +6.94% |
| +30 days | −7.11% | +7.14% | +5.18% | +9.22% | −1.17% | −3.09% | −0.84% | +19.90% | +5.73% | −7.94% | −12.64% | +2.74% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 3.25 Per Share | 3.25 | 18 Feb '26 | 19 Feb '26 |
Shareholding
Sas of Jun 202645.00%Promoter
Promoters45.00%
FIIs10.16%6.92
DIIs30.02%6.77
Public9.81%0.16
Government5.00%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Adani Total Gas | ₹652.85 | 118.14 | 71,801 | 0.04% | 133 | −17.97% | 1,743 | +27.10% | 15.09% |
| Petronet LNG | ₹274.70 | 10.53 | 41,205 | 3.64% | 1,371 | +25.19% | 9,442 | −23.33% | 22.74% |
| Gujarat Energy | ₹265.45 | 13.99 | 24,905 | 2.19% | 152 | −27.01% | 5,792 | +41.20% | 18.49% |
| Indraprastha Gas | ₹149.33 | 13.49 | 20,906 | 2.85% | 339 | −25.18% | 4,163 | +5.45% | 17.90% |
| Mahanagar Gas | ₹1,077.00 | 12.56 | 10,638 | 2.79% | 132 | −45.56% | 2,051 | +4.52% | 18.28% |
| Confidence Petro | ₹78.30 | 28.01 | 2,601 | 0.13% | 34 | +37.50% | 1,216 | +31.45% | 9.23% |
| IRM Energy | ₹254.55 | 19.64 | 1,045 | 0.59% | 13 | +190.66% | 280 | +4.41% | 8.63% |
| Median: 7 Co. | ₹265.45 | 13.99 | 20,906 | 2.19% | 133 | −17.97% | 2,051 | +5.45% | 17.90% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024webFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011bse
Concall transcripts29
RECMay 2026TranscriptFeb 2026RECFeb 2026TranscriptNov 2025RECNov 2025TranscriptJul 2025TranscriptApr 2025RECApr 2025TranscriptJan 2025TranscriptOct 2024TranscriptJul 2024PPTJul 2024TranscriptMay 2024PPTMay 2024TranscriptJan 2024PPTJan 2024RECJan 2024TranscriptNov 2023TranscriptJul 2023TranscriptMay 2023PPTMay 2023TranscriptJan 2023PPTOct 2022PPTMay 2022
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Change in Management 9 Jul - Ashish Dadel joins as Head C&P and Stores on deputation; Adesh Singhal repatriated to GAIL.Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 8 JulClosure of Trading Window 25 JunAnnouncement under Regulation 30 (LODR)-Change in Directorate 5 Jun - Kumar Shanker appointed IGL Managing Director effective June 05, 2026; Kamal Kishore Chatiwal steps down.Announcement under Regulation 30 (LODR)-Change in Management 1 Jun - Ajai Tyagi appointed HOD Business Development & Corporate Strategy from June 1, 2026, replacing retired Sanjeev Kumar Bhatia.



