Adani Total Gas Ltd.
•₹ 646.1-1.76%
2026-08-21
PROS
- Company has delivered good sales growth of 28.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.60x)
- Working capital cycle has improved - days down from -27 to -45
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Contingent liabilities are large at 72.9% of net worth
- Stock is trading at 11.6x its book value
- Company has delivered a poor profit growth of 6.2% over past five years
- Expensive relative to growth - PEG of 13.9
- Though reporting repeated profits, the company pays out little dividend (4.3%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GAIL | 172.35 | 11.47 | 113321.84 | 3.19 | 4670.99 | 96.08 | 41350.18 | 16.71 | 10.16 | 17.99 |
| 2. | ATGL | 658.20 | 114.50 | 72389.50 | 0.04 | 1417.20 | 757.66 | 19067.90 | 1172.62 | 16.96 | 14.67 |
| 3. | GUJENERGY | 267.10 | 18.46 | 35019.61 | 3.33 | 1007.40 | 207.47 | 9771.38 | 140.35 | 19.75 | 14.41 |
| 4. | IGL | 150.50 | 15.48 | 21070.02 | 3.16 | 237.92 | -44.39 | 5043.44 | 16.56 | 21.81 | 6.95 |
| 5. | MGL | 1136.20 | 15.69 | 11223.13 | 2.64 | 192.64 | -39.38 | 2598.90 | 13.88 | 18.78 | 13.18 |
| 6. | CFEL | 30.35 | 10.55 | 75.94 | 0.82 | 1.17 | 409.57 | 35.84 | -12.54 | 8.59 | 11.04 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1,178 | 1,243 | 1,257 | 1,237 | 1,315 | 1,397 | 1,448 | 1,491 | 1,569 | 1,631 | 1,686 | 1,897 | |
| 887 | 899 | 955 | 969 | 941 | 1,008 | 1,133 | 1,183 | 1,199 | 1,276 | 1,328 | 1,387 | 1,732 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 8 | 10 | 13 | 16 | 12 | 6 | 8 | 9 | 9 | 9 | 9 | 10 | 13 |
| Interest | 24 | 27 | 31 | 29 | 26 | 23 | 27 | 24 | 28 | 26 | 41 | 35 | 39 |
| Depreciation | 33 | 37 | 38 | 49 | 45 | 50 | 52 | 52 | 54 | 59 | 60 | 60 | 64 |
| 199 | 225 | 231 | 227 | 237 | 240 | 193 | 198 | 219 | 217 | 212 | 214 | 178 | |
| Tax % | 25.71% | 25.43% | 25.57% | 27.05% | 25.27% | 25.75% | 25.72% | 24.73% | 26.02% | 25.53% | 25.96% | 27.32% | 25.35% |
| Net Profit | 148 | 168 | 172 | 165 | 177 | 178 | 143 | 149 | 162 | 162 | 157 | 156 | 133 |
| 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,135
- 887
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 24
- Depreciation
- 33
- 199
- Tax %
- 25.71%
- Net Profit
- 148
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,178
- 899
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 27
- Depreciation
- 37
- 225
- Tax %
- 25.43%
- Net Profit
- 168
- 2
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,243
- 955
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 31
- Depreciation
- 38
- 231
- Tax %
- 25.57%
- Net Profit
- 172
- 2
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,257
- 969
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 29
- Depreciation
- 49
- 227
- Tax %
- 27.05%
- Net Profit
- 165
- 2
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,237
- 941
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 26
- Depreciation
- 45
- 237
- Tax %
- 25.27%
- Net Profit
- 177
- 2
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,315
- 1,008
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 23
- Depreciation
- 50
- 240
- Tax %
- 25.75%
- Net Profit
- 178
- 2
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,397
- 1,133
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 27
- Depreciation
- 52
- 193
- Tax %
- 25.72%
- Net Profit
- 143
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,448
- 1,183
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 24
- Depreciation
- 52
- 198
- Tax %
- 24.73%
- Net Profit
- 149
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,491
- 1,199
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 28
- Depreciation
- 54
- 219
- Tax %
- 26.02%
- Net Profit
- 162
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,569
- 1,276
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 26
- Depreciation
- 59
- 217
- Tax %
- 25.53%
- Net Profit
- 162
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,631
- 1,328
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 41
- Depreciation
- 60
- 212
- Tax %
- 25.96%
- Net Profit
- 157
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,686
- 1,387
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 35
- Depreciation
- 60
- 214
- Tax %
- 27.32%
- Net Profit
- 156
- 1
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,897
- 1,732
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 39
- Depreciation
- 64
- 178
- Tax %
- 25.35%
- Net Profit
- 133
- 0
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 110
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,087 | 1,374 | 1,719 | 1,875 | 1,696 | 3,038 | 4,378 | 4,472 | 4,986 | 5,864 | 6,783 | |
| 810 | 1,009 | 1,264 | 1,280 | 992 | 2,265 | 3,508 | 3,368 | 3,853 | 4,676 | 5,722 | |
| Operating Profit | 317 | 445 | 541 | 639 | 749 | 814 | 907 | 1,150 | 1,167 | 1,315 | — |
| OPM % | 29 | 32 | 31 | 34 | 44 | 27 | 21 | 26 | 23 | 22 | — |
| Other Income | 41 | 80 | 87 | 45 | 45 | 42 | 37 | 47 | 34 | 128 | 42 |
| Interest | 44 | 125 | 90 | 41 | 40 | 53 | 79 | 111 | 101 | 219 | 141 |
| Depreciation | 56 | 61 | 67 | 51 | 63 | 83 | 113 | 157 | 198 | 233 | 243 |
| 156 | 259 | 357 | 547 | 631 | 679 | 716 | 882 | 868 | 863 | 822 | |
| Tax % | 35 | 36 | 36 | 20 | 25 | 26 | 26 | 26 | 25 | 26 | 26 |
| Net Profit | 101 | 165 | 229 | 436 | 472 | 505 | 530 | 653 | 648 | 637 | 608 |
| EPS | 4 | 2 | 2 | 4 | 4 | 5 | 5 | 6 | 6 | 6 | — |
| Dividend Payout % | 0 | 0 | 12 | 6 | 6 | 5 | 5 | 4 | 4 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 2 | 4 | 4 | 5 | 5 | 6 | 6 | 6 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 2 | 4 | 4 | 5 | 5 | 6 | 6 | 6 | — |
Mar 2017
- 1,087
- 810
- Operating Profit
- 317
- OPM %
- 29
- Other Income
- 41
- Interest
- 44
- Depreciation
- 56
- 156
- Tax %
- 35
- Net Profit
- 101
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 1,374
- 1,009
- Operating Profit
- 445
- OPM %
- 32
- Other Income
- 80
- Interest
- 125
- Depreciation
- 61
- 259
- Tax %
- 36
- Net Profit
- 165
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 1,719
- 1,264
- Operating Profit
- 541
- OPM %
- 31
- Other Income
- 87
- Interest
- 90
- Depreciation
- 67
- 357
- Tax %
- 36
- Net Profit
- 229
- EPS
- 2
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 1,875
- 1,280
- Operating Profit
- 639
- OPM %
- 34
- Other Income
- 45
- Interest
- 41
- Depreciation
- 51
- 547
- Tax %
- 20
- Net Profit
- 436
- EPS
- 4
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 1,696
- 992
- Operating Profit
- 749
- OPM %
- 44
- Other Income
- 45
- Interest
- 40
- Depreciation
- 63
- 631
- Tax %
- 25
- Net Profit
- 472
- EPS
- 4
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 3,038
- 2,265
- Operating Profit
- 814
- OPM %
- 27
- Other Income
- 42
- Interest
- 53
- Depreciation
- 83
- 679
- Tax %
- 26
- Net Profit
- 505
- EPS
- 5
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 4,378
- 3,508
- Operating Profit
- 907
- OPM %
- 21
- Other Income
- 37
- Interest
- 79
- Depreciation
- 113
- 716
- Tax %
- 26
- Net Profit
- 530
- EPS
- 5
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 4,472
- 3,368
- Operating Profit
- 1,150
- OPM %
- 26
- Other Income
- 47
- Interest
- 111
- Depreciation
- 157
- 882
- Tax %
- 26
- Net Profit
- 653
- EPS
- 6
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 4,986
- 3,853
- Operating Profit
- 1,167
- OPM %
- 23
- Other Income
- 34
- Interest
- 101
- Depreciation
- 198
- 868
- Tax %
- 25
- Net Profit
- 648
- EPS
- 6
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2026
- 5,864
- 4,676
- Operating Profit
- 1,315
- OPM %
- 22
- Other Income
- 128
- Interest
- 219
- Depreciation
- 233
- 863
- Tax %
- 26
- Net Profit
- 637
- EPS
- 6
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
TTM
- 6,783
- 5,722
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 141
- Depreciation
- 243
- 822
- Tax %
- 26
- Net Profit
- 608
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 18%
- 5 Years:
- 28%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 23%
- 5 Years:
- 6%
- 3 Years:
- 6%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -1%
- 1 Year:
- 5%
RETURN ON EQUITY
- 10 Years:
- 21%
- 5 Years:
- 19%
- 3 Years:
- 17%
- Last Year:
- 14%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 257 | 257 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 |
| 458 | 769 | 1,002 | 1,370 | 1,842 | 2,320 | 2,828 | 3,453 | 4,075 | 4,714 | |
| 170 | 0 | 0 | 57 | 123 | 643 | 1,104 | 486 | 41 | 10 | |
| Trade Payables | 53 | 137 | 104 | 83 | 116 | 166 | 307 | 327 | 310 | 369 |
| 722 | 1,649 | 842 | 866 | 1,032 | 1,190 | 1,288 | 2,148 | 3,062 | 4,241 | |
| Total Liabilities | 1,660 | 2,812 | 2,058 | 2,486 | 3,222 | 4,429 | 5,636 | 6,524 | 7,599 | 9,444 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 832 | 897 | 980 | 1,198 | 1,379 | 1,733 | 2,329 | 3,090 | 3,515 | 4,102 | |
| Capital Work in Progress | 87 | 102 | 190 | 342 | 696 | 1,171 | 1,609 | 1,472 | 1,795 | 1,919 |
| 91 | 189 | 186 | 291 | 436 | 648 | 683 | 704 | 993 | 1,928 | |
| 39 | 42 | 44 | 41 | 52 | 77 | 91 | 96 | 114 | 108 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 408 | 419 | 412 | |
| Cash & Bank | 16 | 24 | 160 | 89 | 11 | 34 | 368 | 452 | 460 | 503 |
| 596 | 1,558 | 498 | 524 | 648 | 767 | 556 | 303 | 303 | 472 | |
| Total Assets | 1,660 | 2,812 | 2,058 | 2,486 | 3,222 | 4,429 | 5,636 | 6,524 | 7,599 | 9,444 |
| Total Debt | 549 | 1,345 | 394 | 403 | 488 | 995 | 1,372 | 1,471 | 1,746 | 2,168 |
| Net Working Capital | 304 | 287 | 182 | -33 | -585 | -1,102 | -1,331 | -748 | -401 | -784 |
| Contingent Liabilities | 2,547 | 2,555 | 3,561 | 3,564 | 3,580 | 66 | 3,630 | 3,577 | 3,517 | 3,519 |
| Book Value per Share | 27.84 | 39.95 | 10.11 | 13.46 | 17.75 | 22.09 | 26.71 | 32.40 | 38.05 | 43.86 |
| Face Value | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 549 | 1,345 | 394 | 403 | 488 | 995 | 1,372 | 1,471 | 1,746 | 2,168 |
| Net Working Capital | 304 | 287 | 182 | -33 | -585 | -1,102 | -1,331 | -748 | -401 | -784 |
| Contingent Liabilities | 2,547 | 2,555 | 3,561 | 3,564 | 3,580 | 66 | 3,630 | 3,577 | 3,517 | 3,519 |
| Book Value per Share | 27.84 | 39.95 | 10.11 | 13.46 | 17.75 | 22.09 | 26.71 | 32.40 | 38.05 | 43.86 |
| Face Value | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 257
- 458
- 170
- Trade Payables
- 53
- 722
- Total Liabilities
- 1,660
- 832
- Capital Work in Progress
- 87
- 91
- 39
- 0
- Cash & Bank
- 16
- 596
- Total Assets
- 1,660
- Total Debt
- 549
- Net Working Capital
- 304
- Contingent Liabilities
- 2,547
- Book Value per Share
- 27.84
- Face Value
- 10.00
- Total Debt
- 549
- Net Working Capital
- 304
- Contingent Liabilities
- 2,547
- Book Value per Share
- 27.84
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 257
- 769
- 0
- Trade Payables
- 137
- 1,649
- Total Liabilities
- 2,812
- 897
- Capital Work in Progress
- 102
- 189
- 42
- 0
- Cash & Bank
- 24
- 1,558
- Total Assets
- 2,812
- Total Debt
- 1,345
- Net Working Capital
- 287
- Contingent Liabilities
- 2,555
- Book Value per Share
- 39.95
- Face Value
- 10.00
- Total Debt
- 1,345
- Net Working Capital
- 287
- Contingent Liabilities
- 2,555
- Book Value per Share
- 39.95
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 110
- 1,002
- 0
- Trade Payables
- 104
- 842
- Total Liabilities
- 2,058
- 980
- Capital Work in Progress
- 190
- 186
- 44
- 0
- Cash & Bank
- 160
- 498
- Total Assets
- 2,058
- Total Debt
- 394
- Net Working Capital
- 182
- Contingent Liabilities
- 3,561
- Book Value per Share
- 10.11
- Face Value
- 1.00
- Total Debt
- 394
- Net Working Capital
- 182
- Contingent Liabilities
- 3,561
- Book Value per Share
- 10.11
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 110
- 1,370
- 57
- Trade Payables
- 83
- 866
- Total Liabilities
- 2,486
- 1,198
- Capital Work in Progress
- 342
- 291
- 41
- 0
- Cash & Bank
- 89
- 524
- Total Assets
- 2,486
- Total Debt
- 403
- Net Working Capital
- -33
- Contingent Liabilities
- 3,564
- Book Value per Share
- 13.46
- Face Value
- 1.00
- Total Debt
- 403
- Net Working Capital
- -33
- Contingent Liabilities
- 3,564
- Book Value per Share
- 13.46
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 110
- 1,842
- 123
- Trade Payables
- 116
- 1,032
- Total Liabilities
- 3,222
- 1,379
- Capital Work in Progress
- 696
- 436
- 52
- 0
- Cash & Bank
- 11
- 648
- Total Assets
- 3,222
- Total Debt
- 488
- Net Working Capital
- -585
- Contingent Liabilities
- 3,580
- Book Value per Share
- 17.75
- Face Value
- 1.00
- Total Debt
- 488
- Net Working Capital
- -585
- Contingent Liabilities
- 3,580
- Book Value per Share
- 17.75
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 110
- 2,320
- 643
- Trade Payables
- 166
- 1,190
- Total Liabilities
- 4,429
- 1,733
- Capital Work in Progress
- 1,171
- 648
- 77
- 0
- Cash & Bank
- 34
- 767
- Total Assets
- 4,429
- Total Debt
- 995
- Net Working Capital
- -1,102
- Contingent Liabilities
- 66
- Book Value per Share
- 22.09
- Face Value
- 1.00
- Total Debt
- 995
- Net Working Capital
- -1,102
- Contingent Liabilities
- 66
- Book Value per Share
- 22.09
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 110
- 2,828
- 1,104
- Trade Payables
- 307
- 1,288
- Total Liabilities
- 5,636
- 2,329
- Capital Work in Progress
- 1,609
- 683
- 91
- 0
- Cash & Bank
- 368
- 556
- Total Assets
- 5,636
- Total Debt
- 1,372
- Net Working Capital
- -1,331
- Contingent Liabilities
- 3,630
- Book Value per Share
- 26.71
- Face Value
- 1.00
- Total Debt
- 1,372
- Net Working Capital
- -1,331
- Contingent Liabilities
- 3,630
- Book Value per Share
- 26.71
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 110
- 3,453
- 486
- Trade Payables
- 327
- 2,148
- Total Liabilities
- 6,524
- 3,090
- Capital Work in Progress
- 1,472
- 704
- 96
- 408
- Cash & Bank
- 452
- 303
- Total Assets
- 6,524
- Total Debt
- 1,471
- Net Working Capital
- -748
- Contingent Liabilities
- 3,577
- Book Value per Share
- 32.40
- Face Value
- 1.00
- Total Debt
- 1,471
- Net Working Capital
- -748
- Contingent Liabilities
- 3,577
- Book Value per Share
- 32.40
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 110
- 4,075
- 41
- Trade Payables
- 310
- 3,062
- Total Liabilities
- 7,599
- 3,515
- Capital Work in Progress
- 1,795
- 993
- 114
- 419
- Cash & Bank
- 460
- 303
- Total Assets
- 7,599
- Total Debt
- 1,746
- Net Working Capital
- -401
- Contingent Liabilities
- 3,517
- Book Value per Share
- 38.05
- Face Value
- 1.00
- Total Debt
- 1,746
- Net Working Capital
- -401
- Contingent Liabilities
- 3,517
- Book Value per Share
- 38.05
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 110
- 4,714
- 10
- Trade Payables
- 369
- 4,241
- Total Liabilities
- 9,444
- 4,102
- Capital Work in Progress
- 1,919
- 1,928
- 108
- 412
- Cash & Bank
- 503
- 472
- Total Assets
- 9,444
- Total Debt
- 2,168
- Net Working Capital
- -784
- Contingent Liabilities
- 3,519
- Book Value per Share
- 43.86
- Face Value
- 1.00
- Total Debt
- 2,168
- Net Working Capital
- -784
- Contingent Liabilities
- 3,519
- Book Value per Share
- 43.86
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 258 | 277 | 356 | 492 | 654 | 732 | 846 | 971 | 980 | 1,150 | |
| Cash from Investing | -303 | -988 | 791 | -461 | -770 | -1,133 | -1,163 | -769 | -956 | -1,231 |
| Cash from Financing | 50 | 779 | -1,077 | -102 | 39 | 422 | 295 | -77 | 58 | 117 |
| 5 | 68 | 70 | -71 | -78 | 21 | -22 | 124 | 83 | 36 | |
| Free Cash Flow | 199 | 137 | 118 | 72 | 55 | -177 | -302 | 191 | 35 | 217 |
| OCF / Net Profit | 2.55 | 1.68 | 1.56 | 1.13 | 1.38 | 1.45 | 1.60 | 1.49 | 1.51 | 1.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 580 | 204 | -235 | -162 | -199 | -36 |
| OCF / Net Profit | 2.55 | 1.68 | 1.56 | 1.13 | 1.38 | 1.45 | 1.60 | 1.49 | 1.51 | 1.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 580 | 204 | -235 | -162 | -199 | -36 |
Mar 2017
- 258
- Cash from Investing
- -303
- Cash from Financing
- 50
- 5
- Free Cash Flow
- 199
- OCF / Net Profit
- 2.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.55
- Cumulative 5-Year FCF
- 0
Mar 2018
- 277
- Cash from Investing
- -988
- Cash from Financing
- 779
- 68
- Free Cash Flow
- 137
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 0
Mar 2019
- 356
- Cash from Investing
- 791
- Cash from Financing
- -1,077
- 70
- Free Cash Flow
- 118
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- 0
Mar 2020
- 492
- Cash from Investing
- -461
- Cash from Financing
- -102
- -71
- Free Cash Flow
- 72
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- 0
Mar 2021
- 654
- Cash from Investing
- -770
- Cash from Financing
- 39
- -78
- Free Cash Flow
- 55
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 580
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 580
Mar 2022
- 732
- Cash from Investing
- -1,133
- Cash from Financing
- 422
- 21
- Free Cash Flow
- -177
- OCF / Net Profit
- 1.45
- Cumulative 5-Year FCF
- 204
- OCF / Net Profit
- 1.45
- Cumulative 5-Year FCF
- 204
Mar 2023
- 846
- Cash from Investing
- -1,163
- Cash from Financing
- 295
- -22
- Free Cash Flow
- -302
- OCF / Net Profit
- 1.60
- Cumulative 5-Year FCF
- -235
- OCF / Net Profit
- 1.60
- Cumulative 5-Year FCF
- -235
Mar 2024
- 971
- Cash from Investing
- -769
- Cash from Financing
- -77
- 124
- Free Cash Flow
- 191
- OCF / Net Profit
- 1.49
- Cumulative 5-Year FCF
- -162
- OCF / Net Profit
- 1.49
- Cumulative 5-Year FCF
- -162
Mar 2025
- 980
- Cash from Investing
- -956
- Cash from Financing
- 58
- 83
- Free Cash Flow
- 35
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- -199
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- -199
Mar 2026
- 1,150
- Cash from Investing
- -1,231
- Cash from Financing
- 117
- 36
- Free Cash Flow
- 217
- OCF / Net Profit
- 1.81
- Cumulative 5-Year FCF
- -36
- OCF / Net Profit
- 1.81
- Cumulative 5-Year FCF
- -36
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 3.94 | 6.41 | 2.08 | 3.97 | 4.29 | 4.59 | 4.82 | 5.94 | 5.89 | 5.79 |
| Book Value (₹) | 27.84 | 39.95 | 10.11 | 13.46 | 17.75 | 22.09 | 26.71 | 32.40 | 38.05 | 43.86 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Cash EPS (₹) | 0.61 | 0.88 | 2.69 | 4.43 | 4.86 | 5.34 | 5.84 | 7.37 | 7.69 | 7.91 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 27.31% | 30.55% | 29.69% | 32.10% | 41.96% | 25.40% | 19.38% | 22.93% | 20.93% | 18.53% |
| Net Margin % | 8.71% | 11.29% | 12.54% | 21.91% | 26.45% | 15.74% | 11.31% | 13.57% | 11.97% | 9.94% |
| ROE % | 15.23% | 18.91% | 21.40% | 33.66% | 27.50% | 23.03% | 19.74% | 20.09% | 16.73% | 14.14% |
| ROCE % | 17.03% | 22.04% | 23.94% | 34.73% | 31.07% | 24.95% | 20.54% | 21.26% | 17.67% | 16.75% |
| 6.54% | 7.36% | 9.39% | 19.20% | 16.54% | 13.19% | 10.53% | 10.74% | 9.18% | 7.47% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 15 | 25 | 22 | 13 | 17 | 17 | 20 | 27 | 28 | 24 |
| Inventory Days | 12 | 10 | 9 | 8 | 10 | 7 | 7 | 7 | 7 | 6 |
| Payable Days | 26 | 40 | 40 | 32 | 47 | 27 | 28 | 41 | 36 | 31 |
| 1 | -5 | -9 | -11 | -21 | -3 | -2 | -6 | -1 | -1 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.77x | 1.31x | 0.35x | 0.27x | 0.25x | 0.41x | 0.47x | 0.41x | 0.42x | 0.45x |
| Interest Coverage (x) | 4.53x | 3.07x | 4.97x | 14.33x | 16.59x | 13.88x | 10.11x | 8.92x | 9.63x | 4.94x |
| 1.92x | 1.79x | 1.37x | 0.94x | 0.28x | 0.25x | 0.39x | 0.58x | 0.73x | 0.64x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -3.69% | 26.37% | 25.14% | 9.05% | -9.55% | 79.16% | 44.12% | 2.14% | 11.50% | 17.60% |
| Operating Profit Growth % | 10.30% | 40.26% | 21.56% | 18.07% | 17.14% | 8.79% | 11.40% | 26.78% | 1.46% | 12.71% |
| Net Profit Growth % | 24.20% | 62.64% | 38.97% | 90.74% | 8.19% | 6.93% | 4.99% | 23.27% | -0.78% | -1.72% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 23.27% | -0.78% | -1.72% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 155.84x | 102.12x | 88.03x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.56x | 15.81x | 11.62x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.04% | 0.05% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 89.36x | 57.80x | 43.89x |
Mar 2017
- EPS (₹)
- 3.94
- Book Value (₹)
- 27.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.61
- Operating Margin %
- 27.31%
- Net Margin %
- 8.71%
- ROE %
- 15.23%
- ROCE %
- 17.03%
- 6.54%
- Debtor Days
- 15
- Inventory Days
- 12
- Payable Days
- 26
- 1
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 4.53x
- 1.92x
- Revenue Growth %
- -3.69%
- Operating Profit Growth %
- 10.30%
- Net Profit Growth %
- 24.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 6.41
- Book Value (₹)
- 39.95
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.88
- Operating Margin %
- 30.55%
- Net Margin %
- 11.29%
- ROE %
- 18.91%
- ROCE %
- 22.04%
- 7.36%
- Debtor Days
- 25
- Inventory Days
- 10
- Payable Days
- 40
- -5
- Debt to Equity (x)
- 1.31x
- Interest Coverage (x)
- 3.07x
- 1.79x
- Revenue Growth %
- 26.37%
- Operating Profit Growth %
- 40.26%
- Net Profit Growth %
- 62.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.08
- Book Value (₹)
- 10.11
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 2.69
- Operating Margin %
- 29.69%
- Net Margin %
- 12.54%
- ROE %
- 21.40%
- ROCE %
- 23.94%
- 9.39%
- Debtor Days
- 22
- Inventory Days
- 9
- Payable Days
- 40
- -9
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 4.97x
- 1.37x
- Revenue Growth %
- 25.14%
- Operating Profit Growth %
- 21.56%
- Net Profit Growth %
- 38.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.97
- Book Value (₹)
- 13.46
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 4.43
- Operating Margin %
- 32.10%
- Net Margin %
- 21.91%
- ROE %
- 33.66%
- ROCE %
- 34.73%
- 19.20%
- Debtor Days
- 13
- Inventory Days
- 8
- Payable Days
- 32
- -11
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 14.33x
- 0.94x
- Revenue Growth %
- 9.05%
- Operating Profit Growth %
- 18.07%
- Net Profit Growth %
- 90.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 4.29
- Book Value (₹)
- 17.75
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 4.86
- Operating Margin %
- 41.96%
- Net Margin %
- 26.45%
- ROE %
- 27.50%
- ROCE %
- 31.07%
- 16.54%
- Debtor Days
- 17
- Inventory Days
- 10
- Payable Days
- 47
- -21
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 16.59x
- 0.28x
- Revenue Growth %
- -9.55%
- Operating Profit Growth %
- 17.14%
- Net Profit Growth %
- 8.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.59
- Book Value (₹)
- 22.09
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 5.34
- Operating Margin %
- 25.40%
- Net Margin %
- 15.74%
- ROE %
- 23.03%
- ROCE %
- 24.95%
- 13.19%
- Debtor Days
- 17
- Inventory Days
- 7
- Payable Days
- 27
- -3
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 13.88x
- 0.25x
- Revenue Growth %
- 79.16%
- Operating Profit Growth %
- 8.79%
- Net Profit Growth %
- 6.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 4.82
- Book Value (₹)
- 26.71
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 5.84
- Operating Margin %
- 19.38%
- Net Margin %
- 11.31%
- ROE %
- 19.74%
- ROCE %
- 20.54%
- 10.53%
- Debtor Days
- 20
- Inventory Days
- 7
- Payable Days
- 28
- -2
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 10.11x
- 0.39x
- Revenue Growth %
- 44.12%
- Operating Profit Growth %
- 11.40%
- Net Profit Growth %
- 4.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 5.94
- Book Value (₹)
- 32.40
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 7.37
- Operating Margin %
- 22.93%
- Net Margin %
- 13.57%
- ROE %
- 20.09%
- ROCE %
- 21.26%
- 10.74%
- Debtor Days
- 27
- Inventory Days
- 7
- Payable Days
- 41
- -6
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 8.92x
- 0.58x
- Revenue Growth %
- 2.14%
- Operating Profit Growth %
- 26.78%
- Net Profit Growth %
- 23.27%
- 23.27%
- P/E (x)
- 155.84x
- P/B (x)
- 28.56x
- Dividend Yield %
- 0.03%
- 89.36x
Mar 2025
- EPS (₹)
- 5.89
- Book Value (₹)
- 38.05
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 7.69
- Operating Margin %
- 20.93%
- Net Margin %
- 11.97%
- ROE %
- 16.73%
- ROCE %
- 17.67%
- 9.18%
- Debtor Days
- 28
- Inventory Days
- 7
- Payable Days
- 36
- -1
- Debt to Equity (x)
- 0.42x
- Interest Coverage (x)
- 9.63x
- 0.73x
- Revenue Growth %
- 11.50%
- Operating Profit Growth %
- 1.46%
- Net Profit Growth %
- -0.78%
- -0.78%
- P/E (x)
- 102.12x
- P/B (x)
- 15.81x
- Dividend Yield %
- 0.04%
- 57.80x
Mar 2026
- EPS (₹)
- 5.79
- Book Value (₹)
- 43.86
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 7.91
- Operating Margin %
- 18.53%
- Net Margin %
- 9.94%
- ROE %
- 14.14%
- ROCE %
- 16.75%
- 7.47%
- Debtor Days
- 24
- Inventory Days
- 6
- Payable Days
- 31
- -1
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 4.94x
- 0.64x
- Revenue Growth %
- 17.60%
- Operating Profit Growth %
- 12.71%
- Net Profit Growth %
- -1.72%
- -1.72%
- P/E (x)
- 88.03x
- P/B (x)
- 11.62x
- Dividend Yield %
- 0.05%
- 43.89x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-14 - Adani Total Gas Limited has informed the Exchange about Schedule of meet
- General Updates
2026-08-11 - Adani Total Gas Limited has informed the Exchange about ESG Rating by NSE Sustainability Ratings & Analytics Limited
Annual Reports
Credit Ratings
- Credit Rating
2026-08-07 - Adani Total Gas Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-07-31 - Adani Total Gas Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-08-21 - Adani Total Gas Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
May 2026
Jan 2026