Indraprastha Gas (NSE:IGL) Is Reinvesting At Lower Rates Of Return
May 27
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Indian (NIFTY) Gas Utilities Industry Analysis
UpdatedJun 08, 2025
DataAggregated Company Financials
Companies8
- 7D0.9%
- 3M16.5%
- 1Y-16.0%
- YTD-3.4%
Last week, the Gas Utilities industry hasn't moved much but Gujarat Gas is up 4.3% in that time. Unfortunately though, the industry is down 16% over the past 12 months. As for the next few years, earnings are forecast to decline by 1.6% per annum.
Industry Valuation and Performance
Has the Indian Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Jun 2025 | ₹3.0t | ₹2.0t | ₹181.8b | 22.2x | 16.3x | 1.5x |
| Tue, 06 May 2025 | ₹2.9t | ₹2.0t | ₹185.4b | 20x | 15.9x | 1.5x |
| Thu, 03 Apr 2025 | ₹2.8t | ₹2.0t | ₹185.3b | 19.4x | 14.8x | 1.4x |
| Sat, 01 Mar 2025 | ₹2.4t | ₹2.0t | ₹185.3b | 17.8x | 13.2x | 1.2x |
| Mon, 27 Jan 2025 | ₹2.8t | ₹2.0t | ₹181.0b | 17.9x | 15.5x | 1.4x |
| Wed, 25 Dec 2024 | ₹3.0t | ₹2.0t | ₹181.0b | 18.9x | 16.6x | 1.5x |
| Fri, 22 Nov 2024 | ₹2.7t | ₹2.0t | ₹181.0b | 18.1x | 15.2x | 1.4x |
| Sun, 20 Oct 2024 | ₹3.4t | ₹2.0t | ₹181.6b | 16.3x | 18.5x | 1.7x |
| Tue, 17 Sep 2024 | ₹3.6t | ₹2.0t | ₹181.6b | 19.1x | 19.6x | 1.8x |
| Thu, 15 Aug 2024 | ₹3.6t | ₹2.0t | ₹181.6b | 19.4x | 19.7x | 1.8x |
| Sat, 13 Jul 2024 | ₹3.7t | ₹1.9t | ₹167.2b | 18.5x | 21.9x | 1.9x |
| Mon, 10 Jun 2024 | ₹3.5t | ₹1.9t | ₹167.2b | 16.5x | 21.1x | 1.8x |
| Wed, 08 May 2024 | ₹3.3t | ₹1.9t | ₹147.6b | 15.7x | 22.1x | 1.7x |
| Fri, 05 Apr 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 15.7x | 22.9x | 1.7x |
| Sun, 03 Mar 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 15.6x | 23.4x | 1.8x |
| Tue, 30 Jan 2024 | ₹3.3t | ₹1.9t | ₹119.5b | 21.4x | 27.7x | 1.7x |
| Thu, 28 Dec 2023 | ₹3.0t | ₹1.9t | ₹116.6b | 18.9x | 25.7x | 1.6x |
| Sat, 25 Nov 2023 | ₹2.3t | ₹1.9t | ₹116.6b | 15.5x | 19.3x | 1.2x |
| Mon, 23 Oct 2023 | ₹2.3t | ₹2.0t | ₹102.3b | 18.3x | 22.5x | 1.2x |
| Wed, 20 Sep 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 19.5x | 23.6x | 1.2x |
| Fri, 18 Aug 2023 | ₹2.3t | ₹2.0t | ₹102.3b | 18x | 22.6x | 1.2x |
| Sun, 16 Jul 2023 | ₹2.4t | ₹2.1t | ₹117.6b | 17.1x | 20x | 1.1x |
| Tue, 13 Jun 2023 | ₹2.4t | ₹2.1t | ₹117.5b | 16.3x | 20.1x | 1.1x |
| Thu, 11 May 2023 | ₹2.6t | ₹2.0t | ₹147.4b | 16.8x | 17.5x | 1.3x |
| Sat, 08 Apr 2023 | ₹2.5t | ₹2.0t | ₹146.0b | 17.1x | 17.4x | 1.3x |
| Mon, 06 Mar 2023 | ₹2.4t | ₹2.0t | ₹146.0b | 15.9x | 16.8x | 1.2x |
| Wed, 01 Feb 2023 | ₹3.8t | ₹2.0t | ₹141.1b | 17x | 26.9x | 1.9x |
| Fri, 30 Dec 2022 | ₹5.6t | ₹1.9t | ₹175.2b | 16x | 32.2x | 3x |
| Sun, 27 Nov 2022 | ₹5.5t | ₹1.9t | ₹175.2b | 17x | 31.6x | 2.9x |
| Tue, 25 Oct 2022 | ₹5.0t | ₹1.7t | ₹189.6b | 14.5x | 26.2x | 2.9x |
| Thu, 22 Sep 2022 | ₹5.4t | ₹1.7t | ₹189.6b | 15.9x | 28.3x | 3.2x |
| Sat, 20 Aug 2022 | ₹5.2t | ₹1.7t | ₹189.6b | 16x | 27.3x | 3x |
| Mon, 18 Jul 2022 | ₹4.5t | ₹1.4t | ₹177.9b | 15.2x | 25.2x | 3.2x |
| Wed, 15 Jun 2022 | ₹4.0t | ₹1.4t | ₹177.9b | 14.2x | 22.6x | 2.8x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are pessimistic on the Indian Gas Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.3x which is lower than its 3-year average PE of 21.6x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Indian Utilities industry?
| IN Market | 1.48% | |
| Utilities | 1.48% | |
| Gas Utilities | 0.86% | |
| Gas Utilities | 0.86% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GUJGASLTD Gujarat Gas | ₹480.00 | 4.3% +₹13.7b | -18.5% | PE28.8x | |
| GAIL GAIL (India) | ₹191.15 | 0.7% +₹8.9b | -10.1% | PE10.1x | |
| IGL Indraprastha Gas | ₹210.60 | 1.9% +₹5.5b | -9.8% | PE17.2x | |
| IRMENERGY IRM Energy | ₹299.60 | 5.9% +₹689.8m | -37.0% | PE27.2x | |
| MGL Mahanagar Gas | ₹1.33k | 0.3% +₹434.6m | -3.7% | PE12.6x |
