Adani Total Gas Ltd.

Adani Total Gas Ltd.

552.85
INR
-6.55
(-1.17%)
5.76EPS
127.00P/E
804.57BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
12.13
10.22
9.84
12.43
15.54
16.93
15.31
27.29
39.56
40.42
45.19
53.25
56.31
Basic EPS, GAAP
0.87
0.74
0.92
1.47
2.08
3.97
4.21
4.63
4.97
6.07
5.95
5.96
5.76
Free Cash Flow per Basic Share
1.71
1.53
1.22
1.24
1.05
0.46
0.43
-1.99
-2.93
1.42
0.21
1.46
- -
Dividend per Share
- -
0.48
- -
- -
- -
0.6
- -
0.25
0.25
0.25
0.25
0.25
- -
Book Value per Share
5.32
5.58
6.5
7.91
10.02
13.37
17.58
21.97
26.74
32.55
38.25
44.23
- -
Tangible Book Value per Share
5.05
5.32
6.23
7.65
9.75
13.07
17.26
21.67
26.43
32.11
37.78
43.75
- -
Basic Weighted Avg Shares
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,101
Sales/Revenue/Turnover
13,339
11,245
10,817
13,674
17,094
18,616
16,836
30,015
43,510
44,455
49,697
58,560
61,967
Operating Margin (%)
12.89
18.99
20.94
22.43
22.72
29.24
38.13
23.02
17.4
21.29
18.82
16.3
14.87
Depreciation Expense
552
525
562
610
673
507
625
827
1,131
1,579
2,036
2,431
2,481
Net Income, GAAP
961
815
1,012
1,620
2,287
4,363
4,628
5,094
5,465
6,675
6,544
6,557
6,340
Effective Tax Rate (%)
28.09
41.16
35.17
36.45
35.85
20.31
25.23
25.5
25.4
25.53
25.2
25.65
25.41
Profit Margin (%)
7.2
7.25
9.35
11.85
13.38
23.44
27.49
16.97
12.56
15.02
13.17
11.2
10.23
Working Capital
1,007
-121
3,044
2,865
1,817
-330
-5,849
-11,024
-13,353
-7,783
-4,173
-8,077
- -
LT Debt
2,541
942
3,207
12,343
3,457
3,187
3,454
3,882
3,127
9,602
16,192
20,985
- -
Total Equity
5,852
6,140
7,148
8,694
11,020
14,709
19,338
24,162
29,410
35,803
42,071
48,648
- -
Return on Invested Capital (%)
- -
9.18
9.06
11.12
12.42
25.47
21.51
17.4
14.46
15.02
12.48
10.33
- -
Return on Capital (%)
- -
10.38
10.99
13.61
14.76
27.54
22.52
18.44
15.02
15.59
12.87
10.75
- -
Return on Common Equity (%)
- -
13.59
15.23
20.45
23.2
33.92
27.19
23.42
20.4
20.47
16.81
14.46
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,548
- -
LT Borrowings
- -
20,195
- -
LT Finance Leases
- -
790
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,100
1,100
1,100
Market Capitalization
623,262
560,848
804,566

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
14,229
- -
Cash, Cash Equivalents & STI
- -
5,449
- -
Accounts Receivable, Net
- -
4,185
- -
Inventories
- -
1,110
- -
Total Current Liabilities
- -
22,306
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,548
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.13%
20.31%
15.63%
Free Cash Flow
-24.63%
-29.88%
600.78%
Net Income, GAAP
26%
7.54%
0.2%
Sales/Revenue/Turnover
20.2%
31.01%
17.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11,455
12,187
12,945
13,413
49,697
2026
13,786
- -
15,074
15,572
58,560
2027
17,535
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.56
1.69
1.29
1.4
5.95
2026
1.5
- -
1.44
1.53
5.96
2027
1.29
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
0.25
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sanjay Pandita
Full Time Employees
621
Sector
Utilities
Industry
Gas distributors
Address
Adani Corporate House Ahmedabad GJ India 382421
IPO Date
Nov 5, 2018
Business
Adani Total Gas Limited engages in city gas distribution in India, supplying piped natural gas to domestic, commercial, and industrial customers and compressed natural gas to the transportation sector; it also provides biogas, biofuel, biomass, LCNG, HCNG, EV charging, hydrogen solutions, and value-added services related to CGD business including energy management and equipment manufacturing. The company, founded in 2004 and headquartered in Ahmedabad, Gujarat, operates across 34 geographical areas in 13 states covering over 200 million people with more than 14,000 inch-km of backbone steel pipelines and 650 CNG stations. A joint venture between Adani Group and TotalEnergies, it maintains networks in key cities such as Ahmedabad, Vadodara, Faridabad, and Khurja, while expanding into additional regions through consortiums like those with Indian Oil Corporation. Recent developments include securing USD 375 million in global financing in September 2024 from international lenders including BNP Paribas and MUFG Bank to accelerate CGD infrastructure expansion; commissioning its first compressed biogas station in Haryana; forming a partnership with Jio-bp in 2025 to offer cross fuels at select outlets and accelerate DODO/CODO CNG stations across all GAs; and reporting 21% operational revenue growth in Q1 FY26 driven by 16% volume increase, primarily from CNG.