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5325

Indraprastha GasBSE:532514 Stock Report

Market Cap

₹371.5b

7D

-5.4%

1Y

31.6%

Updated

26 Sep, 2021

Data

Company Financials +
532514 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends5/6

532514 Overview

Indraprastha Gas Limited engages in the distribution of natural gas in India.

Rewards

Earnings are forecast to grow 15.1% per year

Earnings grew by 36.2% over the past year

Pays a reliable dividend of 0.53%

Risk Analysis

No risks detected for 532514 from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Indraprastha Gas
Historical stock prices
Current Share Price₹530.70
52 Week High₹364.30
52 Week Low₹604.00
Beta0.37
1 Month Change1.12%
3 Month Change-0.40%
1 Year Change31.62%
3 Year Change117.95%
5 Year Change241.66%
Change since IPO1,674.32%

Recent News & Updates

Shareholder Returns

532514IN Gas UtilitiesIN Market
7D-5.4%-2.0%0.8%
1Y31.6%162.9%67.5%

Return vs Industry: 532514 underperformed the Indian Gas Utilities industry which returned 162.9% over the past year.

Return vs Market: 532514 underperformed the Indian Market which returned 67.5% over the past year.

Price Volatility

Is 532514's price volatile compared to industry and market?
532514 volatility
532514 Beta0.37
Industry Beta1.03
Market Beta1

Stable Share Price: 532514 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 532514's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998707Asit Janahttps://www.iglonline.net

Indraprastha Gas Limited engages in the distribution of natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors in Delhi, Greater Noida, Ghaziabad, Hapur, Meerut, Shamli, Kanpur, Fatehpur, Hamirpur, Muzaffarnagar, Gurugram, Rewari, Karnal, Kaithal, Ajmer, Pali, and Rajsamand. As of March 31, 2021, it operated 612 CNG stations; and serves 16.85 Lakh households, and 6,687 commercial and industrial consumers.

Indraprastha Gas Fundamentals Summary

How do Indraprastha Gas's earnings and revenue compare to its market cap?
532514 fundamental statistics
Market Cap₹371.49b
Earnings (TTM)₹14.15b
Revenue (TTM)₹55.60b

26.2x

P/E Ratio

6.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532514 income statement (TTM)
Revenue₹55.60b
Cost of Revenue₹24.92b
Gross Profit₹30.67b
Expenses₹16.52b
Earnings₹14.15b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)20.22
Gross Margin55.17%
Net Profit Margin25.46%
Debt/Equity Ratio1.8%

How did 532514 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

18%

Payout Ratio

Valuation

Is Indraprastha Gas undervalued compared to its fair value and its price relative to the market?

26.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532514 (₹530.7) is trading above our estimate of fair value (₹489.62)

Significantly Below Fair Value: 532514 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532514 is poor value based on its PE Ratio (26.2x) compared to the Indian Gas Utilities industry average (19.6x).

PE vs Market: 532514 is poor value based on its PE Ratio (26.2x) compared to the Indian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: 532514 is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: 532514 is overvalued based on its PB Ratio (5.9x) compared to the IN Gas Utilities industry average (4.6x).


Future Growth

How is Indraprastha Gas forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

15.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532514's forecast earnings growth (15.1% per year) is above the savings rate (6.8%).

Earnings vs Market: 532514's earnings (15.1% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 532514's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532514's revenue (25.1% per year) is forecast to grow faster than the Indian market (12.6% per year).

High Growth Revenue: 532514's revenue (25.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 532514's Return on Equity is forecast to be high in 3 years time (21.7%)


Past Performance

How has Indraprastha Gas performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532514 has high quality earnings.

Growing Profit Margin: 532514's current net profit margins (25.5%) are higher than last year (18.7%).


Past Earnings Growth Analysis

Earnings Trend: 532514's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: 532514's earnings growth over the past year (36.2%) exceeds its 5-year average (15.6% per year).

Earnings vs Industry: 532514 earnings growth over the past year (36.2%) exceeded the Gas Utilities industry 26.6%.


Return on Equity

High ROE: 532514's Return on Equity (22.3%) is considered high.


Financial Health

How is Indraprastha Gas's financial position?


Financial Position Analysis

Short Term Liabilities: 532514's short term assets (₹31.0B) exceed its short term liabilities (₹23.5B).

Long Term Liabilities: 532514's short term assets (₹31.0B) exceed its long term liabilities (₹3.6B).


Debt to Equity History and Analysis

Debt Level: 532514's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 532514's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 532514's debt is well covered by operating cash flow (1367.6%).

Interest Coverage: 532514's interest payments on its debt are well covered by EBIT (124.3x coverage).


Balance Sheet


Dividend

What is Indraprastha Gas's current dividend yield, its reliability and sustainability?

0.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532514's dividend (0.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 532514's dividend (0.53%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).


Stability and Growth of Payments

Stable Dividend: 532514's dividends per share have been stable in the past 10 years.

Growing Dividend: 532514's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.8%), 532514's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 532514's dividends in 3 years are forecast to be well covered by earnings (15.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Asit Jana (59 yo)

1.25yrs

Tenure

₹8,548,000

Compensation

Mr. Asit Kumar Jana has been Managing Director and Director at Indraprastha Gas Limited since June 16, 2020. Mr. Jana is having decades of experience in the Gas Sector. He has vast experience in project ex...


Leadership Team

Experienced Management: 532514's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: 532514's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Indraprastha Gas Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Indraprastha Gas Limited
  • Ticker: 532514
  • Exchange: BSE
  • Founded: 1998
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: ₹371.490b
  • Shares outstanding: 700.00m
  • Website: https://www.iglonline.net

Number of Employees


Location

  • Indraprastha Gas Limited
  • IGL Bhawan
  • Plot No. 4, Community Centre
  • New Delhi
  • Delhi
  • 110022
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 12:03
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.