Indus Gas Limited, together with its subsidiaries, operates as an oil and gas exploration and development company in India.
Solid track record with mediocre balance sheet.
Share Price & News
How has Indus Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 59Q has not had significant price volatility in the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: 59Q underperformed the German Oil and Gas industry which returned 57.2% over the past year.
Return vs Market: 59Q underperformed the German Market which returned 6.5% over the past year.
Price Volatility Vs. Market
How volatile is Indus Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Indus Gas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 59Q's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 59Q's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 59Q is poor value based on its PE Ratio (15x) compared to the Oil and Gas industry average (10.2x).
PE vs Market: 59Q is good value based on its PE Ratio (15x) compared to the German market (20x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 59Q's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 59Q is overvalued based on its PB Ratio (2.9x) compared to the DE Oil and Gas industry average (1.1x).
How is Indus Gas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 59Q's forecast earnings growth is above the savings rate (-0.4%).
Earnings vs Market: Insufficient data to determine if 59Q's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 59Q's revenue (11.7% per year) is forecast to grow faster than the German market (5.1% per year).
High Growth Revenue: 59Q's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 59Q's Return on Equity is forecast to be high in 3 years time
How has Indus Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 59Q has high quality earnings.
Growing Profit Margin: 59Q's current net profit margins (73%) are higher than last year (60.4%).
Past Earnings Growth Analysis
Earnings Trend: 59Q's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: 59Q's earnings growth over the past year (24.1%) exceeds its 5-year average (23.2% per year).
Earnings vs Industry: 59Q earnings growth over the past year (24.1%) exceeded the Oil and Gas industry -5.2%.
Return on Equity
High ROE: 59Q's Return on Equity (19.7%) is considered low.
How is Indus Gas's financial position?
Financial Position Analysis
Short Term Liabilities: 59Q's short term assets ($113.4M) exceed its short term liabilities ($48.4M).
Long Term Liabilities: 59Q's short term assets ($113.4M) do not cover its long term liabilities ($751.5M).
Debt to Equity History and Analysis
Debt Level: 59Q's debt to equity ratio (299.8%) is considered high.
Reducing Debt: 59Q's debt to equity ratio has reduced from 419.3% to 299.8% over the past 5 years.
Debt Coverage: 59Q's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 59Q earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 59Q has a high level of physical assets or inventory.
Debt Coverage by Assets: 59Q's debt is not covered by short term assets (assets are 0.2x debt).
What is Indus Gas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 59Q's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 59Q's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 59Q's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 59Q's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 59Q's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ajay Kalsi (58yo)
Mr. Ajay Kalsi is a Founder of Indus Gas Ltd. and serves as its Chief Executive Officer. Mr. Kalsi is a successful businessman from India and has established and built a portfolio of companies in a range o ...
|Executive Director||1.5yrs||no data||no data|
|Founder||0yrs||no data||no data|
|Non-Executive Chairman||6.4yrs||no data||0.022% $133.1k|
Experienced Board: 59Q's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Indus Gas Limited's company bio, employee growth, exchange listings and data sources
- Name: Indus Gas Limited
- Ticker: 59Q
- Exchange: DB
- Founded: 2008
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£512.327m
- Listing Market Cap: UK£608.756m
- Shares outstanding: 182.97m
- Website: https://www.indusgas.com
- Indus Gas Limited
- Tudor House
- 1st Floor
- Saint Peter Port
- GY1 1DB
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|INDI||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jun 2008|
|59Q||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2008|
Indus Gas Limited, together with its subsidiaries, operates as an oil and gas exploration and development company in India. The company primarily engages in the exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. It owns a 90% participating interest in the Block RJ-ON/6, a petroleum exploration and development concession covering an area of approximately 4,026 square kilometers located in onshore mid Indus basin, Rajasthan. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 21:57|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.