Indraprastha Gas
Market Cap
₹383.6b
Last Updated
2021/01/16 12:03 UTC
Data Sources
Company Financials +
Executive Summary
Indraprastha Gas Limited distributes natural gas in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with high growth potential and pays a dividend.
Share Price & News
How has Indraprastha Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532514 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 532514's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.5%
532514
0.1%
IN Gas Utilities
-0.4%
IN Market
1 Year Return
16.8%
532514
23.5%
IN Gas Utilities
15.9%
IN Market
Return vs Industry: 532514 underperformed the Indian Gas Utilities industry which returned 23.5% over the past year.
Return vs Market: 532514 matched the Indian Market which returned 15.9% over the past year.
Shareholder returns
| 532514 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 0.1% | -0.4% |
| 30 Day | 14.2% | 6.2% | 5.0% |
| 90 Day | 45.4% | 53.2% | 24.4% |
| 1 Year | 17.6%16.8% | 26.8%23.5% | 18.1%15.9% |
| 3 Year | 79.6%75.8% | 17.2%10.1% | 9.7%4.4% |
| 5 Year | 399.0%380.9% | 59.6%41.6% | 82.3%68.5% |
Long-Term Price Volatility Vs. Market
How volatile is Indraprastha Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Does The Hype Around Indraprastha Gas Limited's (BOM:532514) Growth Justify Its June Share Price?Valuation
Is Indraprastha Gas undervalued compared to its fair value and its price relative to the market?
38.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532514 (₹548) is trading above our estimate of fair value (₹210.19)
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 (38.2x) compared to the IN Gas Utilities industry average (23.1x).
PE vs Market: 532514 is poor value based on its PE Ratio (38.2x) compared to the Indian market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: 532514 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: 532514 is overvalued based on its PB Ratio (6.9x) compared to the IN Gas Utilities industry average (5.3x).
Next Steps
Future Growth
How is Indraprastha Gas forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
20.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532514's forecast earnings growth (20.2% per year) is above the savings rate (7%).
Earnings vs Market: 532514's earnings (20.2% per year) are forecast to grow slower than the Indian market (25.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 532514's revenue (23.1% per year) is forecast to grow faster than the Indian market (11.7% per year).
High Growth Revenue: 532514's revenue (23.1% 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 (22%)
Next Steps
Past Performance
How has Indraprastha Gas performed over the past 5 years?
18.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532514 has a high level of non-cash earnings.
Growing Profit Margin: 532514's current net profit margins (19.5%) are higher than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: 532514's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: 532514's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532514 had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Gas Utilities industry average (-3.5%).
Return on Equity
High ROE: 532514's Return on Equity (18%) is considered low.
Next Steps
Financial Health
How is Indraprastha Gas's financial position?
Financial Position Analysis
Short Term Liabilities: 532514's short term assets (₹28.4B) exceed its short term liabilities (₹22.2B).
Long Term Liabilities: 532514's short term assets (₹28.4B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 532514 is debt free.
Reducing Debt: 532514 has no debt compared to 5 years ago when its debt to equity ratio was 3.1%.
Debt Coverage: 532514 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532514 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Indraprastha Gas's current dividend yield, its reliability and sustainability?
0.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532514's dividend (0.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: 532514's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).
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 (19.5%), 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?
0.3yrs
Average management tenure
CEO
Elavathur Ranganathan (57 yo)
0.33
Tenure
₹10,964,000
Compensation
Mr. Elavathur Subramania Ranganathan has been Managing Director at Indraprastha Gas Limited since September 28, 2020. Mr. Ranganathan serves as Director of Marketing and Additional Director at GAIL (India)...
CEO Compensation Analysis
Compensation vs Market: Elavathur's total compensation ($USD149.89K) is below average for companies of similar size in the Indian market ($USD820.13K).
Compensation vs Earnings: Elavathur's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Managing Director | 0.33yr | ₹10.96m | 0.000070% ₹ 268.5k | |
| VP, Compliance Officer & Company Secretary | no data | ₹7.89m | no data | |
| Vice President of Legal | no data | ₹7.58m | no data | |
| Senior Vice President of Marketing | no data | ₹10.18m | no data | |
| Senior Vice President of PNG Project and O&M | no data | ₹11.72m | no data | |
| Senior Vice President of Project Engineering Services & JV Co-ord | no data | ₹10.02m | no data | |
| Director of Commercial & Director | 1.5yrs | ₹7.41m | no data | |
| Vice President of ERP & IT | no data | ₹8.11m | no data | |
| Vice President of PNG Project and O&M | no data | ₹8.11m | no data | |
| MD & Director | 0.58yr | no data | no data | |
| Interim Chief Financial Officer | no data | no data | no data | |
| Vice President of Corporate Strategy | no data | no data | no data |
0.3yrs
Average Tenure
57yo
Average Age
Experienced Management: 532514's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Managing Director | 0.33yr | ₹10.96m | 0.000070% ₹ 268.5k | |
| Director of Commercial & Director | 1.5yrs | ₹7.41m | no data | |
| MD & Director | 0.58yr | no data | no data | |
| Non-Executive Independent Director | 1.92yrs | ₹1.43m | no data | |
| Non-Executive Independent Director | 1.58yrs | ₹1.01m | no data | |
| Non-Executive Independent Director | 1.92yrs | ₹1.39m | no data | |
| Non-Executive Independent Director | 1.92yrs | ₹1.24m | no data | |
| Non-Executive Independent Director | 1.58yrs | ₹935.41k | no data | |
| Director | 0.50yr | no data | no data |
1.6yrs
Average Tenure
58yo
Average Age
Experienced Board: 532514's board of directors are not considered experienced ( 1.6 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 company bio, 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: ₹383.600b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532514 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2003 |
| IGL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2003 |
Biography
Indraprastha Gas Limited distributes 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 i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 12:03 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.