Adani Total Gas Limited

NSEI:ATGL Stock Report

Market Cap: ₹677.8b

Adani Total Gas Management

Management criteria checks 2/4

Adani Total Gas' CEO is Suresh Manglani, appointed in Sep 2018, has a tenure of 7.67 years. total yearly compensation is ₹82.18M, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹67.78K. The average tenure of the management team and the board of directors is 0.9 years and 2.9 years respectively.

Key information

Suresh Manglani

Chief executive officer

₹82.2m

Total compensation

CEO salary percentage21.86%
CEO tenure7.7yrs
CEO ownership0.00001%
Management average tenureless than a year
Board average tenure2.9yrs

Recent management updates

Analysis Article Jun 19

It's Unlikely That Adani Total Gas Limited's (NSE:ATGL) CEO Will See A Huge Pay Rise This Year

Key Insights Adani Total Gas will host its Annual General Meeting on 25th of June Total pay for CEO Suresh Manglani...

Recent updates

Analysis Article Jan 13

Adani Total Gas (NSE:ATGL) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 26

Adani Total Gas Limited (NSE:ATGL) Not Lagging Industry On Growth Or Pricing

When you see that almost half of the companies in the Gas Utilities industry in India have price-to-sales ratios (or...
Analysis Article Oct 14

Returns On Capital Signal Tricky Times Ahead For Adani Total Gas (NSE:ATGL)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Sep 23

Adani Total Gas Limited (NSE:ATGL) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable

The Adani Total Gas Limited ( NSE:ATGL ) share price has done very well over the last month, posting an excellent gain...
Analysis Article Sep 12

We Think Adani Total Gas (NSE:ATGL) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jul 10

Adani Total Gas Limited's (NSE:ATGL) P/S Still Appears To Be Reasonable

When close to half the companies in the Gas Utilities industry in India have price-to-sales ratios (or "P/S") below...
Analysis Article Jun 19

It's Unlikely That Adani Total Gas Limited's (NSE:ATGL) CEO Will See A Huge Pay Rise This Year

Key Insights Adani Total Gas will host its Annual General Meeting on 25th of June Total pay for CEO Suresh Manglani...
Analysis Article May 26

Some Investors May Be Worried About Adani Total Gas' (NSE:ATGL) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

CEO Compensation Analysis

How has Suresh Manglani's remuneration changed compared to Adani Total Gas's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹7b

Dec 31 2025n/an/a

₹6b

Sep 30 2025n/an/a

₹6b

Jun 30 2025n/an/a

₹6b

Mar 31 2025₹82m₹18m

₹7b

Dec 31 2024n/an/a

₹7b

Sep 30 2024n/an/a

₹7b

Jun 30 2024n/an/a

₹7b

Mar 31 2024₹69m₹16m

₹7b

Dec 31 2023n/an/a

₹6b

Sep 30 2023n/an/a

₹6b

Jun 30 2023n/an/a

₹6b

Mar 31 2023₹60m₹15m

₹5b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹5b

Jun 30 2022n/an/a

₹5b

Mar 31 2022₹51m₹49m

₹5b

Dec 31 2021n/an/a

₹6b

Sep 30 2021n/an/a

₹6b

Jun 30 2021n/an/a

₹6b

Mar 31 2021₹29m₹29m

₹5b

Dec 31 2020n/an/a

₹4b

Sep 30 2020n/an/a

₹4b

Jun 30 2020n/an/a

₹4b

Mar 31 2020₹24m₹23m

₹4b

Compensation vs Market: Suresh's total compensation ($USD858.42K) is about average for companies of similar size in the Indian market ($USD720.67K).

Compensation vs Earnings: Suresh's compensation has been consistent with company performance over the past year.


CEO

Suresh Manglani (60 yo)

7.7yrs
Tenure
₹82,177,000
Compensation

Mr. Suresh P. Manglani serves as Chief Executive Officer of Adani Total Gas Limited (formerly known as Adani Gas Limited) since September 2018 and also serves as its Executive Director since February 9, 20...


Leadership Team

NamePositionTenureCompensationOwnership
Suresh Manglani
CEO & Executive Director7.7yrs₹82.18m0.000010%
₹ 67.8k
Preyash Jhaveri
Interim CFO & Financial Controllerless than a yearno datano data
Adish Vakharia
Deputy Manager of Investor Relations & Corporate Financeno datano datano data
Anil Agrawal
Company Secretary & Compliance Officerless than a yearno datano data
Anirban Kapat
Associate GM & Head of HRno datano datano data
Peeyush Tripathi
Joint President & National CGD Headno datano datano data
Pranab Ghosh
Chief Sustainability Officerno datano datano data
Ravindra Desai
Head of Gas Sourcing & Business Developmentno datano datano data
0.9yrs
Average Tenure
60yo
Average Age

Experienced Management: ATGL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Suresh Manglani
CEO & Executive Director3.3yrs₹82.18m0.000010%
₹ 67.8k
Gautambhai Adani
Non-Executive Chairman7.6yrsno data0%
₹ 0
Bharat Vasani
Independent Non-Executive Director1.6yrs₹2.09mno data
Pranav Adani
Non-Executive Non-Independent Director16.8yrsno datano data
Shashi Shanker
Independent Non-Executive Director4yrs₹4.33mno data
Gauri Trivedi
Independent Non-Executive Director5.8yrs₹4.70mno data
Kalaikuruchi Jairaj
Independent Non-Executive Director1.3yrsno datano data
Mukeshbhai Shah
Independent Non-Executive Director2.2yrs₹4.44m0.000020%
₹ 135.6k
Sangkaran Ratnam
Non-Executive Non-Independent Director2.6yrsno datano data
Thibault Lesueur
Non-Executive Non-Independent Director1.8yrsno datano data
2.9yrs
Average Tenure
63.5yo
Average Age

Experienced Board: ATGL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 17:52
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Adani Total Gas Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research
Mayur MataniICICIdirect.com