Adani Total Gas Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDOil Gas & Consumable Fuels
Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.
PROS
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 28.3% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.55x)
- Working capital cycle has improved - days down from -28 to -46
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- Contingent liabilities are large at 72.3% of net worth
- Stock is trading at 11.5x its book value
- Company has delivered a poor profit growth of 6.8% over past five years
- Expensive relative to growth - PEG of 16.5
- Though reporting repeated profits, the company pays out little dividend (4.2%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| GAIL | 173.90 | 11.57 | 114340.98 | 3.16 | 4670.99 | 96.08 | 41350.18 | 16.71 | 10.16 | 17.99 |
| ATGL | 594.80 | 103.47 | 65416.70 | 0.04 | 1417.20 | 757.66 | 19067.90 | 1172.62 | 16.96 | 14.67 |
| GUJENERGY | 241.65 | 11.95 | 22672.35 | 3.68 | 10074.00 | 207.47 | 97713.80 | 140.35 | 11.32 | 14.41 |
| IGL | 151.90 | 15.63 | 21266.02 | 3.13 | 237.92 | -44.39 | 5043.44 | 16.56 | 18.23 | 6.95 |
| MGL | 1084.50 | 14.97 | 10712.45 | 2.77 | 192.64 | -39.38 | 2598.90 | 13.88 | 18.78 | 13.18 |
| CFEL | 48.92 | 17.01 | 122.40 | 0.51 | 11.72 | 4995.65 | 358.40 | 774.59 | 8.59 | 11.04 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,135 | 1,179 | 1,244 | 1,258 | 1,239 | 1,318 | 1,401 | 1,453 | 1,498 | 1,576 | 1,639 | 1,695 | 1,907 | |
| 888 | 899 | 956 | 970 | 943 | 1,013 | 1,136 | 1,187 | 1,205 | 1,281 | 1,334 | 1,394 | 1,742 | |
| Operating Profit | 248 | 280 | 288 | 288 | 296 | 306 | 265 | 266 | 293 | 295 | 305 | 301 | 164 |
| OPM % | 21.82% | 23.75% | 23.15% | 22.89% | 23.93% | 23.19% | 18.90% | 18.32% | 19.57% | 18.74% | 18.61% | 17.76% | 8.62% |
| 7 | 9 | 12 | 15 | 9 | 7 | 7 | 8 | 8 | 9 | 9 | 12 | 13 | |
| Interest | 24 | 27 | 31 | 29 | 26 | 23 | 27 | 24 | 28 | 26 | 41 | 35 | 39 |
| Depreciation | 33 | 38 | 39 | 49 | 46 | 51 | 53 | 53 | 56 | 62 | 62 | 63 | 67 |
| Profit before Tax | 199 | 224 | 230 | 225 | 233 | 238 | 191 | 197 | 218 | 216 | 211 | 215 | 187 |
| Tax % | 25.72% | 25.52% | 25.68% | 27.24% | 25.67% | 25.95% | 26.01% | 24.85% | 26.16% | 25.66% | 26.11% | 27.28% | 24.17% |
| Net Profit | 0 | 0 | 0 | 0 | 172 | 186 | 142 | 155 | 165 | 163 | 159 | 168 | 142 |
| 1.37 | 1.57 | 1.61 | 1.53 | 1.56 | 1.69 | 1.29 | 1.41 | 1.50 | 1.49 | 1.44 | 1.53 | 1.29 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,374 | 1,719 | 1,875 | 1,696 | 3,038 | 4,378 | 4,475 | 5,000 | 5,894 | 6,817 | |
| 1,009 | 1,264 | 1,280 | 992 | 2,265 | 3,508 | 3,371 | 3,867 | 4,700 | 5,751 | |
| Operating Profit | 365 | 455 | 594 | 704 | 773 | 870 | 1,104 | 1,133 | 1,195 | 1,066 |
| OPM % | 26.56% | 26.45% | 31.71% | 41.51% | 25.45% | 19.87% | 24.67% | 22.67% | 20.27% | 15.63% |
| 80 | 59 | 45 | 30 | 42 | 37 | 44 | 31 | 128 | 43 | |
| Interest | 125 | 90 | 41 | 40 | 53 | 78 | 111 | 101 | 220 | 141 |
| Depreciation | 61 | 67 | 51 | 63 | 83 | 113 | 158 | 204 | 243 | 254 |
| Profit before Tax | 259 | 357 | 547 | 631 | 684 | 733 | 896 | 875 | 882 | 829 |
| Tax % | 36.45% | 35.85% | 20.31% | 25.23% | 25.50% | 25.40% | 25.53% | 25.20% | 25.65% | 25.86% |
| Net Profit | 165 | 229 | 436 | 472 | 509 | 546 | 668 | 654 | 656 | 614 |
| EPS | 1.47 | 2.08 | 3.97 | 4.21 | 4.63 | 4.97 | 6.07 | 5.95 | 5.96 | — |
| Dividend Payout % | 0.00% | 12.02% | 6.30% | 5.94% | 5.40% | 5.03% | 4.12% | 4.20% | 4.19% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 28%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 7%
- 3 Years:
- 6%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -3%
- 1 Year:
- -2%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 19%
- 3 Years:
- 17%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 257 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 |
| 759 | 992 | 1,361 | 1,824 | 2,306 | 2,831 | 3,470 | 4,097 | 4,755 | |
| 1,467 | 349 | 377 | 469 | 1,037 | 1,433 | 1,455 | 1,681 | 2,122 | |
| Trade Payables | 137 | 104 | 83 | 116 | 166 | 307 | 330 | 314 | 374 |
| 182 | 493 | 546 | 685 | 797 | 964 | 1,226 | 1,463 | 2,188 | |
| Total Liabilities | 2,803 | 2,048 | 2,476 | 3,204 | 4,415 | 5,645 | 6,592 | 7,665 | 9,549 |
| 897 | 980 | 1,198 | 1,379 | 1,733 | 2,335 | 3,174 | 3,651 | 4,314 | |
| Capital Work in Progress | 102 | 190 | 342 | 696 | 1,171 | 1,616 | 1,498 | 1,865 | 2,001 |
| 180 | 176 | 282 | 417 | 634 | 682 | 706 | 811 | 1,690 | |
| 42 | 44 | 41 | 52 | 77 | 91 | 99 | 116 | 111 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 410 | 424 | 419 | |
| Cash & Bank | 24 | 160 | 89 | 11 | 34 | 372 | 456 | 469 | 505 |
| 1,558 | 498 | 524 | 648 | 767 | 549 | 249 | 329 | 510 | |
| Total Assets | 2,803 | 2,048 | 2,476 | 3,204 | 4,415 | 5,645 | 6,592 | 7,665 | 9,549 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 366 | 479 | 626 | 788 | 880 | 1,007 | 955 | 964 | 1,149 | |
| Cash from Investing | -988 | 791 | -461 | -770 | -1,133 | -1,167 | -752 | -933 | -1,236 |
| Cash from Financing | 779 | -1,077 | -102 | 39 | 422 | 295 | -78 | 56 | 116 |
| 68 | 70 | -71 | -78 | 21 | -19 | 125 | 87 | 29 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-03 - Adani Total Gas Limited has informed the Exchange about change in Management - Appointment of Mr. Preyash Jhaveri as Chief Financial Officer and Key Managerial Personnel w.e.f. September 3, 2026
2026-08-14 - Adani Total Gas Limited has informed the Exchange about Schedule of meet
2026-08-11 - Adani Total Gas Limited has informed the Exchange about ESG Rating by NSE Sustainability Ratings & Analytics Limited
2026-08-07 - Adani Total Gas Limited has informed the Exchange about Credit Rating
2026-07-31 - Adani Total Gas Limited has informed the Exchange about Credit Rating
2026-07-28 - Adani Total Gas Limited has informed the Exchange about Transcript
2026-07-22 - Adani Total Gas Limited has informed the Exchange about Link of Recording
2026-07-21 - Adani Total Gas Limited has informed the Exchange regarding a press release dated July 21, 2026, titled "Adani Total Gas Q1FY27 Results" alongwith presentation on performance highlights for the quarter ended June 30, 2026.
2026-07-21 - Adani Total Gas Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
News
Recent coverage and analyst commentary for ATGL
Loading news…
AI Stock Analyst
Adani Total Gas Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account