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Indraprastha Gas LimitedNSEI:IGL Stock Report

Market Cap ₹232.4b
Share Price
₹166.02
₹255
34.9% undervalued intrinsic discount
1Y-14.0%
7D0.9%
Portfolio Value
View

Indraprastha Gas Limited

NSEI:IGL Stock Report

Market Cap: ₹232.4b

IGL Community Fair Values

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Indraprastha Gas Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Indraprastha Gas
Historical stock prices
Current Share Price₹166.02
52 Week High₹229.00
52 Week Low₹141.74
Beta0.47
1 Month Change13.47%
3 Month Change-4.76%
1 Year Change-13.95%
3 Year Change-31.28%
5 Year Change-35.54%
Change since IPO1,290.45%

Recent News & Updates

IGL: Upcoming Shareholder Actions And Biogas Partnership Will Support Long-Term Upside

Analysts have trimmed their price target on Indraprastha Gas from ₹225.73 to ₹205.53. This reflects updated views on revenue growth, profit margins and a slightly lower future P/E assumption.

IGL: Biogas Partnership And Interim Dividend Will Support Future Upside

Analysts have kept their price target for Indraprastha Gas steady at ₹255. They point to slightly softer revenue growth and profit margin assumptions, which are partly offset by a higher future P/E multiple in their models.

IGL: Biogas Partnership And Interim Dividend Will Support Long Term Upside

Analysts have kept Indraprastha Gas's fair value estimate steady at ₹255, reflecting only minor tweaks to revenue growth, profit margin and future P/E assumptions in their refreshed model. What's in the News Board meeting scheduled for February 12, 2026 to consider and approve unaudited financial results for the quarter ended December 31, 2025, share performance indicators with analysts and institutional investors, and consider an interim dividend of ₹3.25 per share at 162.5% on a face value of ₹2, with February 19, 2026 set as the record date (Key Developments).

IGL: Biogas Projects And Interim Dividend Will Support Long Term Upside

Analysts have kept the price target for Indraprastha Gas steady at ₹255. This reflects only marginal tweaks to assumptions on revenue growth, profit margin and forward P/E, rather than a change in their overall view.

IGL: Biogas Expansion And Upcoming Dividend Will Support Long Term Upside

Analysts have adjusted their price target on Indraprastha Gas to ₹255 from ₹250, citing updated assumptions related to slightly higher revenue growth, a marginally different profit margin outlook and a modestly higher future P/E multiple. What's in the News Board meeting scheduled for February 12, 2026, to consider and approve unaudited financial results for the quarter ended December 31, 2025, share performance indicators with analysts and institutional investors, and consider an interim dividend of ₹3.25 per share at 162.5% on a face value of ₹2, with February 19, 2026 set as the record date (company event filing).

Recent updates

IGL: Upcoming Shareholder Actions And Biogas Partnership Will Support Long-Term Upside

Analysts have trimmed their price target on Indraprastha Gas from ₹225.73 to ₹205.53. This reflects updated views on revenue growth, profit margins and a slightly lower future P/E assumption.

IGL: Biogas Partnership And Interim Dividend Will Support Future Upside

Analysts have kept their price target for Indraprastha Gas steady at ₹255. They point to slightly softer revenue growth and profit margin assumptions, which are partly offset by a higher future P/E multiple in their models.

IGL: Biogas Partnership And Interim Dividend Will Support Long Term Upside

Analysts have kept Indraprastha Gas's fair value estimate steady at ₹255, reflecting only minor tweaks to revenue growth, profit margin and future P/E assumptions in their refreshed model. What's in the News Board meeting scheduled for February 12, 2026 to consider and approve unaudited financial results for the quarter ended December 31, 2025, share performance indicators with analysts and institutional investors, and consider an interim dividend of ₹3.25 per share at 162.5% on a face value of ₹2, with February 19, 2026 set as the record date (Key Developments).

IGL: Biogas Projects And Interim Dividend Will Support Long Term Upside

Analysts have kept the price target for Indraprastha Gas steady at ₹255. This reflects only marginal tweaks to assumptions on revenue growth, profit margin and forward P/E, rather than a change in their overall view.

IGL: Biogas Expansion And Upcoming Dividend Will Support Long Term Upside

Analysts have adjusted their price target on Indraprastha Gas to ₹255 from ₹250, citing updated assumptions related to slightly higher revenue growth, a marginally different profit margin outlook and a modestly higher future P/E multiple. What's in the News Board meeting scheduled for February 12, 2026, to consider and approve unaudited financial results for the quarter ended December 31, 2025, share performance indicators with analysts and institutional investors, and consider an interim dividend of ₹3.25 per share at 162.5% on a face value of ₹2, with February 19, 2026 set as the record date (company event filing).

IGL: Biogas Partnerships And Dividend Plan Will Support Long Term Upside

Analysts have nudged their price target on Indraprastha Gas down from ₹270 to ₹250. This reflects updated assumptions around slightly lower revenue growth, a modest adjustment to the discount rate, and revised expectations for profit margins and future P/E levels.

IGL: Future Saudi Alliance And Biofuel Projects Will Support Balanced Outlook

Analysts have raised their fair value estimate for Indraprastha Gas from ₹158.89 to ₹162.48, citing updated assumptions on the discount rate, revenue growth, profit margins, and future P/E, which together indicate a modestly higher valuation range. What's in the News A board meeting is scheduled for Nov 12, 2025, to consider unaudited financial results for the quarter ended Sep 30, 2025, and an alliance cum partnership agreement with MASAH Construction Company, Saudi Arabia, for pre qualification to tender for natural gas distribution licenses in industrial cities in Saudi Arabia (Key Developments).

Returns On Capital Signal Tricky Times Ahead For Indraprastha Gas (NSE:IGL)

Jan 27
Returns On Capital Signal Tricky Times Ahead For Indraprastha Gas (NSE:IGL)

IGL: Saudi Gas Alliance Will Support Long Term Upside

Analysts have kept their fair value estimate for Indraprastha Gas unchanged at ₹270. This reflects only modest tweaks to revenue growth, profit margin, and future P/E assumptions, rather than a shift in their overall view.

IGL: Saudi Gas Alliance And Biofuel Push Will Support Long Term Upside

Analysts have kept their fair value estimate for Indraprastha Gas steady at ₹270.0, making only small tweaks to underlying assumptions such as slightly adjusted revenue growth, profit margin expectations, and future P/E, which together support an unchanged price target for now. What's in the News Indraprastha Gas Limited signed a Joint Venture Agreement with Hindustan Waste Treatment Private Limited to set up Compressed Bio Gas and biofuel projects, indicating an expansion into alternative gas and fuel infrastructure (company filing).

IGL: Saudi Gas Network Alliance May Drive Stronger Long Term Prospects

Analysts have maintained their fair value estimate for Indraprastha Gas at ₹270.00, as a modest uptick in forecast revenue growth and a slightly lower expected future P E multiple are seen as broadly offsetting a small compression in projected profit margins. What's in the News Board meeting scheduled on November 12, 2025 to approve unaudited financial results for the quarter ended September 30, 2025, indicating upcoming earnings disclosure (company filing) Board to consider an alliance cum partnership agreement with MASAH Construction Company, Saudi Arabia, to jointly pursue licenses for developing natural gas distribution networks in industrial cities across the Kingdom of Saudi Arabia (company filing) Shareholders at the September 26, 2025 AGM approved a final dividend of INR 1.5 per equity share for FY 2024 to 2025, marking a decrease in the dividend payout (AGM resolution) Valuation Changes Fair Value Estimate remains unchanged at ₹270.00 per share, with no revision to the target price.

IGL: Saudi Gas Network Push Will Drive Long-Term Upside Potential

Analysts have nudged their price target for Indraprastha Gas slightly higher from ₹225.40 to approximately ₹225.73, citing modestly stronger revenue growth expectations, which are offset by a marginal downward revision in profit margin forecasts and a slightly higher implied future valuation multiple. What's in the News Board meeting scheduled for November 12, 2025, to review and approve unaudited financial results for the quarter ended September 30, 2025 (company filing) The board will consider an alliance and partnership agreement with MASAH Construction Company, Saudi Arabia, to jointly pursue licenses for developing natural gas distribution networks in multiple industrial cities in the Kingdom of Saudi Arabia (company filing) Shareholders approved a final dividend of INR 1.5 per equity share for the financial year ended March 31, 2025, at the AGM held on September 26, 2025 (AGM resolution) Valuation Changes Fair Value: Adjusted marginally higher from ₹225.40 to about ₹225.73, reflecting a very small upward revision in intrinsic value estimates.

We Think That There Are More Issues For Indraprastha Gas (NSE:IGL) Than Just Sluggish Earnings

Nov 20
We Think That There Are More Issues For Indraprastha Gas (NSE:IGL) Than Just Sluggish Earnings

IGL: Financial Updates Will Balance Opportunities With New Saudi Arabia Alliance

Analysts have raised their price target for Indraprastha Gas from ₹220.55 to ₹225.40. This reflects improved forecasts for revenue growth and profit margins, despite a slightly higher discount rate.

Indraprastha Gas (NSE:IGL) Seems To Use Debt Quite Sensibly

Nov 14
Indraprastha Gas (NSE:IGL) Seems To Use Debt Quite Sensibly

The Returns On Capital At Indraprastha Gas (NSE:IGL) Don't Inspire Confidence

Oct 12
The Returns On Capital At Indraprastha Gas (NSE:IGL) Don't Inspire Confidence

Indraprastha Gas' (NSE:IGL) Dividend Will Be Reduced To ₹1.50

Sep 15
Indraprastha Gas' (NSE:IGL) Dividend Will Be Reduced To ₹1.50

Indraprastha Gas' (NSE:IGL) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 01
Indraprastha Gas' (NSE:IGL) Shareholders Will Receive A Smaller Dividend Than Last Year

Lacklustre Performance Is Driving Indraprastha Gas Limited's (NSE:IGL) Low P/E

Aug 24
Lacklustre Performance Is Driving Indraprastha Gas Limited's (NSE:IGL) Low P/E

Urbanization And CNG Adoption Will Expand Future Markets

The reduction in Indraprastha Gas's future P/E multiple, while revenue growth forecasts remain steady, indicates a more cautious market outlook on valuation, leading to a lower consensus analyst price target of ₹220.55. What's in the News Board meeting scheduled to approve unaudited financial results for the quarter ended June 30, 2025.

Indraprastha Gas (NSE:IGL) Is Reinvesting At Lower Rates Of Return

May 27
Indraprastha Gas (NSE:IGL) Is Reinvesting At Lower Rates Of Return

Analysts Have Lowered Expectations For Indraprastha Gas Limited (NSE:IGL) After Its Latest Results

May 01
Analysts Have Lowered Expectations For Indraprastha Gas Limited (NSE:IGL) After Its Latest Results

Indraprastha Gas Limited's (NSE:IGL) Price Is Right But Growth Is Lacking

Apr 08
Indraprastha Gas Limited's (NSE:IGL) Price Is Right But Growth Is Lacking

Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?

Feb 20
Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?
User avatar

Securing New Henry Hub-Linked Gas Contracts Will Strengthen Future Prospects

Successful gas contracts and increased supply enhance sales volumes and revenue growth, supporting improved net margins.

Some Investors May Be Worried About Indraprastha Gas' (NSE:IGL) Returns On Capital

Jan 20
Some Investors May Be Worried About Indraprastha Gas' (NSE:IGL) Returns On Capital

Indraprastha Gas Limited's (NSE:IGL) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Dec 25
Indraprastha Gas Limited's (NSE:IGL) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Indraprastha Gas Limited (NSE:IGL) Shares Could Be 31% Above Their Intrinsic Value Estimate

Nov 29
Indraprastha Gas Limited (NSE:IGL) Shares Could Be 31% Above Their Intrinsic Value Estimate

Indraprastha Gas (NSE:IGL) Will Pay A Larger Dividend Than Last Year At ₹5.50

Oct 31
Indraprastha Gas (NSE:IGL) Will Pay A Larger Dividend Than Last Year At ₹5.50

Benign Growth For Indraprastha Gas Limited (NSE:IGL) Underpins Stock's 26% Plummet

Oct 29
Benign Growth For Indraprastha Gas Limited (NSE:IGL) Underpins Stock's 26% Plummet

Is Indraprastha Gas (NSE:IGL) A Risky Investment?

Sep 27
Is Indraprastha Gas (NSE:IGL) A Risky Investment?

Do Indraprastha Gas' (NSE:IGL) Earnings Warrant Your Attention?

Sep 06
Do Indraprastha Gas' (NSE:IGL) Earnings Warrant Your Attention?

Earnings Working Against Indraprastha Gas Limited's (NSE:IGL) Share Price

Aug 18
Earnings Working Against Indraprastha Gas Limited's (NSE:IGL) Share Price

Indraprastha Gas' (NSE:IGL) Returns On Capital Not Reflecting Well On The Business

Jul 27
Indraprastha Gas' (NSE:IGL) Returns On Capital Not Reflecting Well On The Business

Indraprastha Gas' (NSE:IGL) Profits Appear To Have Quality Issues

May 21
Indraprastha Gas' (NSE:IGL) Profits Appear To Have Quality Issues

Indraprastha Gas Limited (NSE:IGL) Just Reported And Analysts Have Been Cutting Their Estimates

May 10
Indraprastha Gas Limited (NSE:IGL) Just Reported And Analysts Have Been Cutting Their Estimates

Earnings Working Against Indraprastha Gas Limited's (NSE:IGL) Share Price

Apr 29
Earnings Working Against Indraprastha Gas Limited's (NSE:IGL) Share Price

Indraprastha Gas (NSE:IGL) Is Reinvesting To Multiply In Value

Apr 08
Indraprastha Gas (NSE:IGL) Is Reinvesting To Multiply In Value

Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?

Feb 06
Does Indraprastha Gas (NSE:IGL) Have A Healthy Balance Sheet?

Little Excitement Around Indraprastha Gas Limited's (NSE:IGL) Earnings

Jan 19
Little Excitement Around Indraprastha Gas Limited's (NSE:IGL) Earnings

The Returns At Indraprastha Gas (NSE:IGL) Aren't Growing

Dec 29
The Returns At Indraprastha Gas (NSE:IGL) Aren't Growing

Many Would Be Envious Of Indraprastha Gas' (NSE:IGL) Excellent Returns On Capital

Aug 13
Many Would Be Envious Of Indraprastha Gas' (NSE:IGL) Excellent Returns On Capital

These 4 Measures Indicate That Indraprastha Gas (NSE:IGL) Is Using Debt Reasonably Well

Jul 26
These 4 Measures Indicate That Indraprastha Gas (NSE:IGL) Is Using Debt Reasonably Well

Shareholder Returns

IGLIN Gas UtilitiesIN Market
7D0.9%0.03%0.4%
1Y-14.0%-9.3%4.0%

Return vs Industry: IGL underperformed the Indian Gas Utilities industry which returned -9.3% over the past year.

Return vs Market: IGL underperformed the Indian Market which returned 4% over the past year.

Price Volatility

Is IGL's price volatile compared to industry and market?
IGL volatility
IGL Average Weekly Movement4.4%
Gas Utilities Industry Average Movement5.5%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.2%
10% least volatile stocks in IN Market4.7%

Stable Share Price: IGL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: IGL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998720Kamal Chatiwalwww.iglonline.net

Indraprastha Gas Limited distributes and sells natural gas in India. It supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors. The company operates CNG stations, as well as steel pipeline and MDPE networks.

Indraprastha Gas Limited Fundamentals Summary

How do Indraprastha Gas's earnings and revenue compare to its market cap?
IGL fundamental statistics
Market cap₹232.43b
Earnings (TTM)₹16.64b
Revenue (TTM)₹159.68b
14.0x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGL income statement (TTM)
Revenue₹159.68b
Cost of Revenue₹125.40b
Gross Profit₹34.28b
Other Expenses₹17.64b
Earnings₹16.64b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 30, 2026

Earnings per share (EPS)11.89
Gross Margin21.47%
Net Profit Margin10.42%
Debt/Equity Ratio0.9%

How did IGL perform over the long term?

See historical performance and comparison

Dividends

2.9%
Current Dividend Yield
37%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/02 06:36
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Indraprastha Gas Limited is covered by 68 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Siddharth Chauhan360 ONE Capital Market Private Limited
Nitin BhasinAmbit Capital