Indraprastha Gas Ltd share price logo

Indraprastha Gas Ltd Share Price

(IGL)

₹198.651.82%

as on 10:33AM, 07 Feb 2025

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Indraprastha Gas Ltd Performance

  • Day's High

    ₹198.65
    Day's Price Range
    ₹203.29
  • 52 Week's Low

    52 Week's High

    ₹153.05
    52-Week Price Range
    ₹285.18
1 Month Return-6.06 %
3 Month Return-7.36 %
1 Year Return-9.94 %
Previous Close₹202.33
Open₹198.78
Volume89.00L
Upper Circuit-
Lower Circuit-
Market Cap₹28,326.23Cr

Indraprastha Gas Ltd Key Statistics

P/E Ratio

16.7

PEG Ratio

-9.28

Market Cap

₹28,326.23 Cr

P/B Ratio

3.53

EPS

14.1653541338533

Dividend Yield

2.09

Sector

Gas Distribution

ROE

22.36

Indraprastha Gas Ltd Analyst Rating

based on 32 analysts

BUY

59.38%

Buy

15.62%

Hold

25.00%

Sell

Based on 32 analysts offering long term price targets for Indraprastha Gas Ltd. An average target of ₹224.75

Source: S&P Global Market Intelligence

Indraprastha Gas Ltd Share analysis

Indraprastha Gas Ltd price forecast by 32 analysts

Upside of11.08%

High

₹400

Target

₹224.75

Low

₹150

Indraprastha Gas Ltd target price ₹224.75, a slight upside of 11.08% compared to current price of ₹198.65. According to 32 analysts rating.

Source: S&P Global Market Intelligence

Key events for Indraprastha Gas Ltd

  • IGL Shares Rise on CLSA's Positive Outlook - 05 Feb, 2025

    Indraprastha Gas Limited (IGL) shares surged 5.6% after CLSA indicated potential CNG price hikes post-Delhi elections, maintaining an Outperform rating with a target price of Rs 220.
  • Indraprastha Gas Plans Increased Capex and Acquisitions - 04 Feb, 2025

    Indraprastha Gas Ltd plans a 20% increase in capex for FY26, focusing on acquiring smaller CGD firms to expand its geographical presence. Despite a decline in net profit, the company reported healthy volume growth in CNG and PNG. APM gas allocation is expected to stabilize, aiding operational costs.
  • IGL Prepares for Bonus Issue Amid GST Expectations - 31 Jan, 2025

    Indraprastha Gas Ltd anticipates a roadmap for natural gas under GST in the Union Budget. Shares began trading ex-bonus, showing slight price increases ahead of the 1:1 bonus issue.
  • Indraprastha Gas Announces Bonus Shares and Earnings Update - 30 Jan, 2025

    Indraprastha Gas Ltd is set to issue bonus shares in a 1:1 ratio. Despite a recent stock price increase, analysts maintain a 'Sell' rating due to declining earnings. The company reported a 7% rise in volumes and plans a price hike to improve EBITDA.
  • Jefferies Upgrades IGL, Target Price Raised Significantly - 29 Jan, 2025

    Jefferies upgraded Indraprastha Gas Ltd (IGL) to a Buy rating, increasing the target price to Rs 505. Analysts expect strong earnings growth driven by long-term LNG contracts, despite muted volume growth in Q3. CLSA also maintains an Outperform rating, projecting a 10% volume growth over FY26-27. Overall, the outlook for IGL remains positive.
  • IGL Reports Mixed Q3 Results Amid Bonus Issue - 27 Jan, 2025

    Indraprastha Gas Limited announced a 1:1 bonus share issue while reporting a 31% YoY decline in net profit. Q3 results showed revenue growth but a significant QoQ profit drop.
  • Indraprastha Gas Announces Bonus and Profit Dip - 24 Jan, 2025

    Indraprastha Gas will issue a 1:1 bonus on January 31, 2025. However, PL Capital forecasts a significant 45.6% YoY decline in Q3 PAT.
  • IGL Sets Record Date for Bonus Shares - 21 Jan, 2025

    Indraprastha Gas Limited (IGL) has fixed January 31, 2025, as the record date for a 1:1 bonus share issue, with allotment on February 3, 2025.
  • Indraprastha Gas Ltd to Announce Q3 Results - 20 Jan, 2025

    Indraprastha Gas Ltd. has scheduled a board meeting on January 27, 2025, to discuss its financial results for the October-December quarter of FY25.
  • Indraprastha Gas Announces Leadership Changes and Gas Supply Increase - 13 Jan, 2025

    Indraprastha Gas Ltd's Board approved significant changes in directorship, appointing Sukhmal Kumar Jain as Chairman. Additionally, the government restored gas supply allocations to city gas retailers, including IGL.
  • IGL Receives Upgrades Amid Gas Price Changes - 10 Jan, 2025

    Indraprastha Gas Limited (IGL) sees a bullish outlook from Citi, with upgrades and price target increases amid changes in gas allocation and pricing. The company operates numerous CNG stations and may need to adjust retail prices to maintain margins.
  • IGL Gains from Increased Domestic Gas Allocation - 09 Jan, 2025

    Indraprastha Gas Ltd (IGL) will see a 31% increase in domestic gas allocation effective January 16, 2025, enhancing profitability and market position.
  • IGL Shares Surge on MNGL IPO Approval News - 07 Jan, 2025

    Indraprastha Gas Ltd (IGL) is poised for potential value unlocking following BPCL's in-principle approval for the MNGL IPO. Citi Research supports this with a target price of Rs 450, reflecting optimism in IGL's growth prospects.

Insights on Indraprastha Gas Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 3.67K Cr → 3.92K Cr (in ₹), with an average increase of 3.3% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 7.52% to 9.55% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.41% to 13.22% in Dec 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.00% of holdings in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given -1.1% return, outperforming this stock by 8.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 81.6% return, outperforming this stock by 77.7%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, IGL stock has moved down by -23.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 19.29% to 14.33% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 481.2 Cr → 326.55 Cr (in ₹), with an average decrease of 16.8% per quarter

News

IGL Shares Surge 6% After CLSA Predicts Price Hikes Post Delhi Elections

Shares of Indraprastha Gas Limited (IGL) jumped 5.6% to trade at Rs 204.99 today, following positive sentiment from CLSA's report hinting at a possible CNG price hike after the Delhi elections. CLSA has maintained its Outperform rating on IGL with a target price of Rs 220, citing that the company is likely to increase CNG prices by 4% to meet its unit EBITDA guidance of Rs 7-8 per standard cubic meter. IGL has not raised CNG prices in Delhi for over three months, despite facing a cut in the allocation of cheap domestic gas, whereas competitors like Mahanagar Gas Limited and Gujarat Gas have already increased their CNG prices by 2-4%. Post-elections, CLSA expects IGL to implement price hikes while still maintaining a healthy price discount compared to diesel and petrol, ensuring minimal impact on its volume growth trajectory. The company's stock witnessed strong trading momentum, driven by market optimism regarding improved margins and profitability.05 Feb, 2025 10:40 AM

Indraprastha Gas Plans 20% Capex Increase and Acquisitions

Indraprastha Gas to increase capex by 20% in FY26, eyes acquisition of smaller CGD firms: Managing Director KK Chatiwal. IGL has 11 GAs across 32 districts in four states, catering more than 21 percent of the demand of the CGD sector. IGL is planning a 20 percent year-on-year increase in capital expenditure for the financial year 2025-26 (FY26), focusing on inorganic growth, its Managing Director Kamal Kishore Chatiwal told Moneycontrol. The City Gas Distribution (CGD) company's total capex in the current financial year ending March 2025 would be around Rs 15,000 crore to Rs 16,000 crore. We are looking at some diversification opportunities, both in core business and the renewables space. We expect next year's capex to be on the higher side, said Chatiwal. The capex would be funded through internal generation. IGL is planning to acquire smaller CGD companies to increase the number of geographical areas (GAs) under the company. This will be one area we will be working on. We have only 11 GAs. We would like to increase that number, said Chatiwal. IGL has 11 GAs across 32 districts in four states, catering to more than 21 percent of the demand of the CGD sector, according to the company's annual report 2023-24. The company on January 27 reported a 31 percent year-on-year decline in consolidated net profit in the third quarter of FY25 as the government cut allocation of cheaper Administered Price Mechanism (APM) gas allocation to CGD players. Despite lower profits, the CGD company's volume remained healthy. In the quarter, IGL's total volumes rose 7 percent to 8.33 million metric standard cubic metre per day (mmscmd), while Compressed Natural Gas (CNG) volumes grew by 7 percent and Piped Natural Gas (PNG) volumes—including domestic and industrial use—rose 9 percent. The call on revision of CNG prices would be dependent on several factors including sourcing of gas, Value Added Tax (VAT) levied by states and competitive pricing, said Chatiwal. CGD players had hiked CNG prices for consumers after the government cut cheaper APM gas allocation. The government on October 16 had reduced APM gas allocation for the CNG segment from around 68 percent to 50.75 percent and further to 37 percent on November 16. CGD companies had to rely on costlier sourcing options including High Pressure High Temperature (HPHT) and spot gas, which has hit their margins. However, in January, APM gas allocation for the CNG segment raised to 51.48 percent. Chatiwal expects APM gas allocation to CGD players to remain constant going forward. APM gas is sold at cheaper price to CGD players in the country to ensure essential services such as domestic PNG and CNG. According to government data, APM gas is sold at $6.5 per mmBtu while HPHT gas costs $10.16 per mmBtu.04 Feb, 2025 06:46 PM

Budget 2025: Roadmap for Natural Gas Inclusion Under GST Expected

The Union Budget would likely include a roadmap for inclusion of natural gas under the purview of Goods and Service Tax (GST), Kamal Kishore Chatiwal, managing director of Indraprastha Gas Limited (IGL) told Moneycontrol. Natural gas currently attracts value added tax (VAT) from the state governments and an excise duty from the central government. We are expecting some announcement, at least a roadmap, for inclusion of natural gas under GST and rationalisation of excise duty on CNG (compressed natural gas), said Chatiwal. There are a lot of differences, state-wise. Every state has a different VAT. So once natural gas comes under GST, we will have a uniform tax structure across the country. Several states including Gujarat have now agreed for including gas under GST, he added. Despite the long-standing demand of the oil and gas industry, petroleum products including petrol, diesel, natural gas and aviation turbine fuel (ATF) have not been included under GST, due to opposition from the state governments. Minister of Petroleum and Natural Gas Hardeep Singh Puri on January 24 told reporters that natural gas would soon be brought under the ambit of GST as several states including Gujarat and Andhra Pradesh now see the benefit of such move. The state governments in India levy VAT as high as 15 percent on natural gas. Gujarat imposes VAT of 15 percent on natural gas, while Rajasthan and Assam charges VAT of 10 percent and 14.5 percent, respectively. The VAT charged on petroleum products is a major source of income for the state governments. In FY23, the total VAT collection from natural gas came in at Rs 23,000 crore, showed a Jeffries report. Natural gas, pegged as a transition fuel, is majorly used by the fertilised sector, followed by the city gas distribution (CGD) and power sector.31 Jan, 2025 04:49 PM
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Indraprastha Gas Ltd Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹3,556.19Cr (-)₹3,596.79Cr (↑1.14%)₹3,520.60Cr (↓2.12%)₹3,697.60Cr (↑5.03%)₹3,758.76Cr (↑1.65%)
Net Income₹475.45Cr (-)₹433.29Cr (↓8.87%)₹480.22Cr (↑10.83%)₹454.17Cr (↓5.42%)₹325.42Cr (↓28.35%)
Net Profit Margin13.37% (-)12.05% (↓9.87%)13.64% (↑13.20%)12.28% (↓9.97%)8.66% (↓29.48%)
Value in ₹ crore
Details2021202220232024
Total Assets₹8,635.71Cr (-)₹10,530.62Cr (↑21.94%)₹11,883.81Cr (↑12.85%)₹13,253.10Cr (↑11.52%)
Total Liabilities₹2,763.86Cr (-)₹3,594.47Cr (↑30.05%)₹4,797.25Cr (↑33.46%)₹4,701.36Cr (↓2.00%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,360.75Cr (-)₹1,545.97Cr (↑13.61%)₹1,897.90Cr (↑22.76%)₹2,230.59Cr (↑17.53%)₹1,535.66Cr (↓31.15%)

Index Inclusions

S&P BSE OIL & GAS

₹24,807.30

-1.72 (-433.89%)

BSE 200

₹10,660.43

-0.34 (-36.45%)

Nifty 200

₹13,066.90

-0.29 (-37.55%)

Nifty Midcap 100

₹53,165.60

-0.63 (-335.25%)

S&P BSE Energy

₹10,703.39

-1.27 (-137.19%)

Nifty Midcap 150

₹19,654.30

-0.7 (-139.45%)

Nifty MidSmallcap 400

₹18,345.60

-0.78 (-144.75%)

S&P BSE 150 MidCap

₹14,788.19

-0.73 (-109.47%)

Nifty 500

₹21,593.00

-0.37 (-79.45%)

Nifty Energy

₹32,672.80

-1.17 (-386.95%)

S&P BSE 250 LargeMidCap

₹10,093.80

-0.35 (-35.96%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Mid-Cap

₹42,707.97

-0.67 (-287.28%)

Nifty LargeMidcap 250

₹15,053.35

-0.34 (-52%)

S&P BSE 400 MidSmallCap

₹11,170.87

-0.84 (-95.02%)

BSE 500

₹33,957.41

-0.42 (-142.82%)

Indraprastha Gas Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45%
0.00
Foreign Institutions
14.33%
-25.73
Mutual Funds
13.22%
26.98
Retail Investors
9.55%
26.93
Others
17.9%
0.72

Indraprastha Gas Ltd Key Indicators

Details20202021202220232024
Return On Assets %17.3513.5814.2713.814.98
Details20202021202220232024
Book Value Per Share (₹)38.2745.2554.1956.6568.81
Details20202021202220232024
Earning Per Share (₹)8.928.3810.7311.7114.17
Details20202021202220232024
Return On Equity %24.7318.3920.5320.6122.36

Indraprastha Gas Ltd Valuation

Indraprastha Gas Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.81x)

November 21, 2024

Today (16.70x)

February 6, 2025

Industry (17.92x)

February 6, 2025

Highest (36.62x)

February 11, 2021

LowHigh

Indraprastha Gas Ltd Earnings and Dividends

  • Indraprastha Gas Ltd Earnings Results

    Indraprastha Gas Ltd’s net profit fell -31.49% since last year same period to ₹326.55Cr in the Q3 2024-2025. On a quarterly growth basis, Indraprastha Gas Ltd has generated -28.21% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Indraprastha Gas Ltd Dividends October,2024

    In the quarter ending September 2024, Indraprastha Gas Ltd has declared dividend of ₹5.50 - translating a dividend yield of 7.17%.

    Read More about Dividends

Indraprastha Gas Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Indraprastha Gas Ltd is currently in a Bullish trading position according to technical analysis indicators.

Indraprastha Gas Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹28,326.23 Cr-4.17%0.51₹1,983 Cr₹14,000 Cr
HOLD₹32,374.99 Cr10.9%0.52₹1,143 Cr₹15,690 Cr
HOLD₹18,926.47 Cr7.33%0.51₹2,183 Cr₹17,294 Cr
HOLD₹46,575.00 Cr2.78%0.59₹3,527 Cr₹52,729 Cr
BUY₹1,17,306.35 Cr23.51%0.64₹9,902 Cr₹1,33,228 Cr

About Indraprastha Gas Ltd

Indraprastha Gas Ltd (IGL) is an Indian natural gas distribution company incorporated in 1998. IGL is the largest city gas distribution company in India and is headquartered in New Delhi. IGL operates in the natural gas distribution business with a network of over 1,400 kms of pipelines in Delhi, Noida, Greater Noida, and Ghaziabad. IGL's top products include Compressed Natural Gas (CNG) for vehicular use, Piped Natural Gas (PNG) for domestic, commercial, and industrial use, and Bio-Gas for industrial use.

CNG is used by over 1.5 million vehicles in Delhi, Noida, Greater Noida, and Ghaziabad. PNG is used by over 1.2 million households, commercial establishments, and industries in these areas.

Share Price: ₹198.65 per share as on 07 Feb, 2025 10:33 AM
Market Capitalisation: ₹28,326.23Cr as of today
Revenue: ₹3,758.76Cr as on December 2024 (Q4 24)
Net Profit: ₹325.42Cr as on December 2024 (Q4 24)
Listing date: 26 Dec, 2003
Chairperson Name: Shri R. K. Jain
OrganisationIndraprastha Gas Ltd
Headquarters
IndustryGas Distribution
E-voting on sharesClick here to vote

FAQs on Indraprastha Gas Ltd

What is Indraprastha Gas Ltd price today?

Indraprastha Gas Ltd share price today stands at ₹198.65, Open: ₹198.78, Previous Close: ₹202.33, High: ₹203.29, Low: ₹198.65, 52 Week High: ₹285.18, 52 Week Low: ₹153.05.

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Is Indraprastha Gas Ltd listed on NSE?

Indraprastha Gas Ltd is listed on NSE

Is Indraprastha Gas Ltd listed on BSE?

Indraprastha Gas Ltd is listed on BSE

What are today's High and Low prices of Indraprastha Gas Ltd?

  • Today's highest price of Indraprastha Gas Ltd is ₹203.29.
  • Today's lowest price of Indraprastha Gas Ltd is ₹198.65.

What are today's traded volumes of Indraprastha Gas Ltd?

Today's traded volume of Indraprastha Gas Ltd(IGL) is 89.00L.

What is today's market capitalisation of Indraprastha Gas Ltd?

Today's market capitalisation of Indraprastha Gas Ltd(IGL) is ₹28326.23Cr.

What is the 52 Week High and Low Range of Indraprastha Gas Ltd?

Indraprastha Gas Ltd (IGL)
Price
52 Week High
₹285.18
52 Week Low
₹153.05

How much percentage Indraprastha Gas Ltd is down from its 52 Week High?

Indraprastha Gas Ltd (IGL) share price is ₹198.65. It is down -30.34% from its 52 Week High price of ₹285.18

How much percentage Indraprastha Gas Ltd is up from its 52 Week low?

Indraprastha Gas Ltd (IGL) share price is ₹198.65. It is up 29.79% from its 52 Week Low price of ₹153.05

What are the historical returns of Indraprastha Gas Ltd?

Indraprastha Gas Ltd (IGL)
Returns
1 Day Returns
-3.68%
1 Month Returns
-6.06%
3 Month Returns
-7.36%
1 Year Returns
-9.94%

What is the PE ratio of Indraprastha Gas Ltd today?

PE Ratio of Indraprastha Gas Ltd is 16.7

PE ratio = Indraprastha Gas Ltd Market price per share / Indraprastha Gas Ltd Earnings per share