Gas
Valuation | |
|---|---|
| Market Cap | 68.3 kCr |
| Price/Earnings (Trailing) | 105.34 |
| Price/Sales (Trailing) | 11.98 |
| EV/EBITDA | 58.89 |
| Price/Free Cashflow | 2.98 K |
| MarketCap/EBT | 80.87 |
| Enterprise Value | 68.3 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -0.40% |
| Price Change 1M | -4.4% |
| Price Change 6M | 3.8% |
| Price Change 1Y | -12.8% |
| 3Y Cumulative Return | -43.5% |
| 5Y Cumulative Return | 24.9% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) |
| Revenue (TTM) |
| 5.7 kCr |
| Rev. Growth (Yr) | 20.7% |
| Earnings (TTM) | 647.81 Cr |
| Earnings Growth (Yr) | -3.8% |
Profitability | |
|---|---|
| Operating Margin | 15% |
| EBT Margin | 15% |
| Return on Equity | 15.4% |
| Return on Assets | 8.45% |
| Free Cashflow Yield | 0.03% |
| -933.36 Cr |
| Cash Flow from Operations (TTM) | 963.87 Cr |
| Cash Flow from Financing (TTM) | 56.35 Cr |
| Cash & Equivalents | 224.02 Cr |
| Free Cash Flow (TTM) | 22.95 Cr |
| Free Cash Flow/Share (TTM) | 0.21 |
Balance Sheet | |
|---|---|
| Total Assets | 7.66 kCr |
| Total Liabilities | 3.46 kCr |
| Shareholder Equity | 4.21 kCr |
| Current Assets | 1.12 kCr |
| Current Liabilities | 1.54 kCr |
| Net PPE | 3.61 kCr |
| Inventory | 115.66 Cr |
| Goodwill | 25.49 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.24 |
| Debt/Equity | 0.44 |
| Interest Coverage | 7.3 |
| Interest/Cashflow Ops | 10.47 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 0.25 |
| Dividend Yield | 0.04% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Growth: Good revenue growth. With 48.6% growth over past three years, the company is going strong.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Profitability: Recent profitability of 11% is a good sign.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -4.4% in last 30 days.
Insider Trading: Significant insider selling noticed recently.
Past Returns: Underperforming stock! In past three years, the stock has provided -43.5% return compared to 11.2% by NIFTY 50.
Smart Money: Smart money is losing interest in the stock.
Balance Sheet: Strong Balance Sheet.
Growth: Good revenue growth. With 48.6% growth over past three years, the company is going strong.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Profitability: Recent profitability of 11% is a good sign.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -4.4% in last 30 days.
Insider Trading: Significant insider selling noticed recently.
Past Returns: Underperforming stock! In past three years, the stock has provided -43.5% return compared to 11.2% by NIFTY 50.
Smart Money: Smart money is losing interest in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.04% |
| Dividend/Share (TTM) | 0.25 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 5.89 |
Financial Health | |
|---|---|
| Current Ratio | 0.73 |
| Debt/Equity | 0.44 |
Technical Indicators | |
|---|---|
| RSI (14d) | 30.75 |
| RSI (5d) | 45.28 |
| RSI (21d) | 25.45 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Buy |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated May 4, 2025
Adani Total Gas stock has seen a decline of 21.14% this year, reflecting broader market concerns.
The company's P/E ratio stands at 101.28, which is significantly higher than the sector average of 13.66, raising valuation concerns.
ATGL's consolidated net profit saw a slight drop of 1.9% from FY24, indicating potential challenges in profitability despite revenue growth.
Summary of ADANI TOTAL GAS's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q1 FY26 Earnings Call held on July 29, 2025, management of Adani Total Gas Limited (ATGL) provided an optimistic outlook for the company, highlighting several major developments and strategic initiatives. Key points included:
Network Expansion: The company increased its CNG station network to 650, including 124 stations under CODO and DODO formats. Steel pipeline infrastructure expanded to 14,197 inch-kilometers, enabling the supply of PNG and CNG to a growing customer base.
Customer Base Growth: ATGL added close to 27,000 new homes on PNG supplies, bringing the total to nearly 1 million domestic connections. Additionally, 157 new industrial and commercial consumers increased the base to 9,456.
Operational Performance: The company reported a robust year-on-year volume growth of 16% for the quarter, totaling 267 MMSCM, driven by a 21% increase in CNG volume to 185 MMSCM. PNG volume grew by 6% to 82 MMSCM.
Financial Performance: Revenue rose by 21% to INR 1,491 crores, with EBITDA recorded at INR 301 crores. Profit before tax was INR 219 crores, and profit after tax was INR 162 crores.
Partnership Initiatives: A significant agreement was made with Jio-BP for a comprehensive range of fuels, facilitating further CNG station expansion.
ESG Commitment: ATGL's ESG rating improved from Adequate to Strong, with a rating of 61 from CRISIL.
Future Growth Strategy: Management laid out a capex plan of INR 900-1,000 crores for the year, with an expected total capex of INR 3,500-3,700 crores over the next 3 years, focusing on network creation, particularly in 11th round geographies.
Overall, management expressed confidence in maintaining double-digit growth, particularly in the CNG segment, while strategizing for sustainable energy solutions to meet India's energy transition goals.
Understand ADANI TOTAL GAS ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| TotalEnergies Holdings SAS | 0.374% |
| Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S. B. Adani Family Trust) | 0.3738% |
| Envestcom Holding Rsc Ltd | 0.0496% |
| Rahi Rajesh Adani | 0.0001% |
| Vanshi Rajesh Adani | 0.0001% |
| Universal Trade And Investments Limited | 0% |
Detailed comparison of ADANI TOTAL GAS against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| GAIL | Gail (India) | 1.17 LCr | 1.44 LCr | +3.90% | -13.60% | 10.1 | 0.82 | - | - |
| TORNTPOWER | TORRENT POWER | 64.36 kCr | 28.55 kCr |
Comprehensive comparison against sector averages
ATGL metrics compared to Gas
| Category | ATGL | Gas |
|---|---|---|
| PE | 104.93 | 13.68 |
| PS | 11.93 | 0.83 |
| Growth | 14.8 % | 1.6 % |
ADANI TOTAL GAS is a prominent supplier of LPG, CNG, PNG, and LNG, operating under the stock ticker ATGL. With a market capitalization of ₹67,858.3 crores, the company is deeply involved in the city gas distribution business across India.
The company specializes in supplying piped natural gas to domestic, commercial, and industrial sectors, in addition to providing compressed natural gas for the transport sector. Their offerings extend beyond traditional fuels, including biogas, biofuel, biomass, LCNG, HCNG, EV, and hydrogen.
Founded in 2004 and headquartered in Ahmedabad, India, Adani Total Gas Limited was previously known as Adani Gas Limited before rebranding in January 2021.
Financially, Adani Total Gas reports a trailing 12-month revenue of ₹5,254.3 crores and has demonstrated a healthy profit of ₹667.8 crores over the past four quarters. The company has exhibited impressive revenue growth of 87.3% in the past three years. Additionally, it rewards its investors with dividends, offering a dividend yield of 0.06% and distributing ₹0.5 per share over the last 12 months.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
ATGL vs Gas (2021 - 2025)
Adani Total Gas reported strong growth with a 15% increase in revenue for Q4FY25, reaching Rs 1,448 crore.
Change in Directorate • 28 Oct 2025 Appointment of Mr. K Jairaj as an Additional Director (Non Executive, Independent) |
Press Release / Media Release • 28 Oct 2025 Press Release and presentation on the Unaudited Financial Results for the quarter and half year ended September 30, 2025. |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 11 Oct 2025 Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 |
General • 30 Sept 2025 Superannuation of Senior Management Personnel of the Company. |
Resignation of Chief Financial Officer (CFO) • 30 Sept 2025 Resignation of Chief Financial Officer (Key Managerial Personnel) of the Company. |
General • 24 Sept 2025 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Question 1: Are we getting some kind of a signal about the APM Gas allocation?
Answer: Yes, the gas sourcing head confirmed that the authorities will provide enough notice for any shortfall to allow us time to plan. This system is being put in place to ensure better preparedness.
Question 2: Have we seen an impact on CNG vehicle adoption due to price increases?
Answer: Interestingly, we haven't observed a significant impact. While there is a slight price increase for CNG vehicles, our CNG segment has grown by 21%. Registrations have been rising year-on-year, indicating strong demand continues.
Question 3: What is the optimal price differential between CNG and diesel for commercial vehicles?
Answer: Several factors influence this decision. While price is essential, corporate commitments to emissions and efficiency also play crucial roles. We're seeing good traction with CNG vehicles, which reflects continued interest despite pricing changes.
Question 4: What impact does the two-zonal tariff structure have on gas costs?
Answer: The two-zonal tariff system is still under review. Currently, tariffs remain similar, and a favorable development is that priority segments like PNG will maintain a zone 1 tariff regardless of distance. This is expected to benefit the CNG segment.
Question 5: Can you provide insights into PNG sales growth and whether it's facing challenges?
Answer: Seasonality does play a role in PNG consumption, especially during warmer months. Industrial growth remains solid at over 5%. We're optimistic about PNG sales as we're optimistic about our competitive positioning in the market.
Question 6: What are the projected CAPEX investments for the next few years?
Answer: We're planning a CAPEX of about INR 900-1,000 crores for this year. Over the next 2-3 years, we anticipate a total investment of about INR 3,500-3,700 crores, focusing on network creation and expanding our CNG infrastructure.
Question 7: Is the target of 20% penetration for CNG infrastructure still valid?
Answer: Yes, our target remains at or above 20%. We're ensuring our infrastructure is developed to meet demand, promoting better adoption through collaborations with OEMs and marketing initiatives.
| Worldwide Emerging Market Holding Limited |
| 0% |
| Afro Asia Trade And Investments Limited | 0% |
| Flourishing Trade and Investment Limited | 0% |
| Gautambhai Shantilal Adani and Pritiben Gautambhai Adani (on behalf of Gautam S. Adani Family Trust) | 0% |
| Adani Tradeline Private Limited (formerly Adani Tradeline LLP) | 0% |
| Adani Properties Private Limited | 0% |
| Rajeshbhai Shantilal Adani | 0% |
| Gautambhai Shantilal Adani | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +3.60% |
| -30.20% |
| 23.09 |
| 2.25 |
| - |
| - |
| IGL | Indraprashtha Gas | 29.54 kCr | 17.25 kCr | +4.30% | +4.30% | 17.75 | 1.71 | - | - |
| GUJGASLTD | Gujarat Gas | 27.93 kCr | 16.86 kCr | -4.30% | -23.10% | 24.4 | 1.66 | - | - |
| GSPL | Gujarat State Petronet | 17.41 kCr | 17.86 kCr | -0.80% | -20.80% | 16.57 | 0.97 | - | - |
| MGL | Mahanagar Gas | 12.75 kCr | 8.19 kCr | +4.30% | -8.80% | 11.86 | 1.56 | - | - |
| GGL | Gautam Gems | 18.44 Cr | 82.58 Cr | -2.40% | -46.20% | 40 | 0.22 | - | - |
| -0.9% |
| 216 |
| 218 |
| 197 |
| 191 |
| 238 |
| 233 |
| Total profit before tax | -0.9% | 216 | 218 | 197 | 191 | 238 | 233 |
| Current tax | -8.9% | 42 | 46 | 34 | 36 | 50 | 51 |
| Deferred tax | 30% | 14 | 11 | 15 | 13 | 12 | 9.38 |
| Total tax | -3.6% | 55 | 57 | 49 | 50 | 62 | 60 |
| Total profit (loss) for period | -1.2% | 163 | 165 | 155 | 142 | 186 | 172 |
| Other comp. income net of taxes | 156.4% | 2.73 | -2.07 | -1.76 | 1.52 | 1.8 | -0.21 |
| Total Comprehensive Income | 1.9% | 166 | 163 | 153 | 144 | 187 | 172 |
| Earnings Per Share, Basic | -2% | 1.49 | 1.5 | 1.41 | 1.295 | 1.69 | 1.562 |
| Earnings Per Share, Diluted | -2% | 1.49 | 1.5 | 1.41 | 1.295 | 1.69 | 1.562 |
| -10% |
| 100 |
| 111 |
| 79 |
| 53 |
| 40 |
| 41 |
| Depreciation and Amortization | 26.3% | 198 | 157 | 113 | 83 | 63 | 51 |
| Other expenses | 18.1% | 941 | 797 | 671 | 449 | 259 | 289 |
| Total Expenses | 14.7% | 4,563 | 3,978 | 4,004 | 2,569 | 1,183 | 1,488 |
| Profit Before exceptional items and Tax | -1.6% | 868 | 882 | 716 | 679 | 646 | 547 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | -14.47 | 0 |
| Total profit before tax | -1.6% | 868 | 882 | 716 | 679 | 631 | 547 |
| Current tax | -5% | 171 | 180 | 149 | 148 | 139 | 123 |
| Deferred tax | 2.1% | 50 | 49 | 37 | 26 | 20 | -11.38 |
| Total tax | -3.9% | 220 | 229 | 186 | 174 | 159 | 111 |
| Total profit (loss) for period | -0.8% | 648 | 653 | 530 | 505 | 472 | 436 |
| Other comp. income net of taxes | 118% | 1.23 | -0.28 | 5.74 | 0.41 | 0.15 | -1.11 |
| Total Comprehensive Income | -0.6% | 649 | 653 | 536 | 505 | 472 | 435 |
| Earnings Per Share, Basic | -1% | 5.89 | 5.938 | 4.817 | 4.589 | 4.29 | 3.97 |
| Earnings Per Share, Diluted | -1% | 5.89 | 5.938 | 4.817 | 4.589 | 4.29 | 3.97 |
| -1.2% |
| 1,774 |
| 1,795 |
| 1,495 |
| 1,472 |
| 1,615 |
| 1,609 |
| Goodwill | 0% | 25 | 25 | 25 | 25 | 25 | 25 |
| Non-current investments | 66.3% | 1,604 | 965 | 811 | 704 | 703 | 683 |
| Loans, non-current | - | 0 | 0 | 0 | 69 | 22 | 9.65 |
| Total non-current financial assets | 65.1% | 1,690 | 1,024 | 834 | 804 | 744 | 711 |
| Total non-current assets | 14.7% | 7,458 | 6,500 | 5,776 | 5,510 | 5,037 | 4,778 |
| Total assets | 14.1% | 8,673 | 7,599 | 6,787 | 6,524 | 5,921 | 5,636 |
| Borrowings, non-current | -11.8% | 1,359 | 1,540 | 1,098 | 883 | 210 | 268 |
| Total non-current financial liabilities | 14.8% | 1,789 | 1,559 | 1,128 | 892 | 218 | 285 |
| Provisions, non-current | 21.3% | 5.56 | 4.76 | 6.99 | 6.59 | 6.76 | 5.49 |
| Total non-current liabilities | 13.3% | 2,168 | 1,914 | 1,455 | 1,199 | 461 | 508 |
| Borrowings, current | 173.7% | 562 | 206 | 275 | 589 | 1,094 | 1,104 |
| Total current financial liabilities | 34.4% | 1,914 | 1,424 | 1,351 | 1,696 | 2,145 | 2,144 |
| Provisions, current | 5.9% | 19 | 18 | 15 | 15 | 13 | 11 |
| Current tax liabilities | - | 0 | 0 | 0 | 0 | 11 | 0 |
| Total current liabilities | 34.9% | 2,023 | 1,500 | 1,439 | 1,762 | 2,234 | 2,189 |
| Total liabilities | 22.8% | 4,191 | 3,414 | 2,894 | 2,961 | 2,696 | 2,698 |
| Equity share capital | 0% | 110 | 110 | 110 | 110 | 110 | 110 |
| Total equity | 7.1% | 4,482 | 4,185 | 3,893 | 3,563 | 3,225 | 2,938 |
| Total equity and liabilities | 14.1% | 8,673 | 7,599 | 6,787 | 6,524 | 5,921 | 5,636 |
| 0.9% |
| 980 |
| 971 |
| 846 |
| 736 |
| - |
| - |
| Cashflows used in obtaining control of subsidiaries | 1671.4% | 249 | 15 | 4 | 0 | - | - |
| Proceeds from sales of PPE | -2.2% | 0.06 | 0.08 | 0 | 0.24 | - | - |
| Purchase of property, plant and equipment | 12.2% | 835 | 744 | 1,158 | 951 | - | - |
| Proceeds from sales of investment property | -78.6% | 0 | 0.44 | 0.56 | 0 | - | - |
| Purchase of investment property | - | 25 | 0 | 0 | 212 | - | - |
| Proceeds from sales of long-term assets | 27.5% | 52 | 41 | 0 | 0 | - | - |
| Purchase of other long-term assets | - | 0 | 0 | 1.73 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | 1490% | 160 | 11 | 0 | 0 | - | - |
| Interest received | 47.4% | 29 | 20 | 29 | 28 | - | - |
| Other inflows (outflows) of cash | -0.8% | 3.47 | 3.49 | 3.69 | -2.33 | - | - |
| Net Cashflows From Investing Activities | -24.3% | -956.02 | -769.12 | -1,162.68 | -1,136.59 | - | - |
| Proceeds from borrowings | 4.9% | 840 | 801 | 818 | 150 | - | - |
| Repayments of borrowings | -20.6% | 557 | 701 | 443 | 59 | - | - |
| Payments of lease liabilities | 6.7% | 17 | 16 | 7.54 | 6.34 | - | - |
| Dividends paid | 0% | 28 | 28 | 28 | 28 | - | - |
| Interest paid | 33.6% | 180 | 135 | 46 | 51 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 0 | 416 | - | - |
| Net Cashflows from Financing Activities | 172.6% | 58 | -77.48 | 295 | 422 | - | - |
| Net change in cash and cash eq. | -33.3% | 83 | 124 | -22.46 | 21 | - | - |
General • 23 Sept 2025 Clarification w.r.t. query raised by BSE for significant movement in price |