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Indraprastha Gas Ltd share price logo

Indraprastha Gas Ltd

(IGL)

₹388.30.4%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Indraprastha Gas Ltd Analyst Rating

based on 32 analysts

HOLD

43.75%

Buy

21.88%

Hold

34.38%

Sell

Based on 32 analysts offering long term price targets for Indraprastha Gas Ltd. An average target of ₹441.22

Source: S&P Global Market Intelligence

Indraprastha Gas Ltd Share analysis

Indraprastha Gas Ltd price forecast by 32 analysts

Upside of13.18%

High

₹648

Target

₹441.22

Low

₹290

Indraprastha Gas Ltd target price ₹441.22, a slight upside of 13.18% compared to current price of ₹388.3. According to 32 analysts rating.

Source: S&P Global Market Intelligence

Indraprastha Gas Ltd Performance

  • Day's Low

    Day's High

    ₹384.1
    Day's Price Range
    ₹395.5
  • 52 Week's Low

    52 Week's High

    ₹306.1
    52-Week Price Range
    ₹570.35
1 Month Return+ 25.19 %
3 Month Return-28.72 %
1 Year Return-3.15 %
Previous Close₹389.85
Open₹390.05
Volume40.59L
Upper Circuit-
Lower Circuit-
Market Cap₹27,888.03Cr

Indraprastha Gas Ltd Key Statistics

P/E Ratio14.79
PEG Ratio26.89
Market Cap₹27,888.03 Cr
P/B Ratio3.53
EPS28.33
Dividend Yield2.09
SectorGas Distribution
ROE22.36

Indraprastha Gas Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹27,888.03 Cr-2.01%0.51₹1,983 Cr₹14,000 Cr
HOLD₹34,632.91 Cr24.79%0.52₹1,143 Cr₹15,690 Cr
HOLD₹20,816.58 Cr14.2%0.51₹2,183 Cr₹17,294 Cr
HOLD₹50,257.50 Cr4.34%0.59₹3,527 Cr₹52,729 Cr
BUY₹1,27,254.48 Cr28.16%0.64₹9,902 Cr₹1,33,228 Cr

About Indraprastha Gas Ltd

Indraprastha Gas Ltd (IGL) is an Indian natural gas distribution company incorporated in 1998. IGL is the largest city gas distribution company in India and is headquartered in New Delhi. IGL operates in the natural gas distribution business with a network of over 1,400 kms of pipelines in Delhi, Noida, Greater Noida, and Ghaziabad. IGL's top products include Compressed Natural Gas (CNG) for vehicular use, Piped Natural Gas (PNG) for domestic, commercial, and industrial use, and Bio-Gas for industrial use.

CNG is used by over 1.5 million vehicles in Delhi, Noida, Greater Noida, and Ghaziabad. PNG is used by over 1.2 million households, commercial establishments, and industries in these areas.

Share Price: ₹388.30 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹27,888.03Cr as of today
Revenue: ₹3,697.60Cr as on September 2024 (Q3 24)
Net Profit: ₹454.17Cr as on September 2024 (Q3 24)
Listing date: 26 Dec, 2003
Chairperson Name: Shri R. K. Jain
OrganisationIndraprastha Gas Ltd
Headquarters
IndustryGas Distribution
E-voting on sharesClick here to vote

Key events for Indraprastha Gas Ltd

  • Indraprastha Gas Shares Recover Amid APM Concerns - 19 Dec, 2024

    Indraprastha Gas Ltd shares have rebounded 23% from November lows, despite concerns over the impact of administered price mechanism (APM) gas de-allocations on their CNG production.
  • Nuvama Cautions on Indraprastha Gas Stock Outlook - 18 Dec, 2024

    Despite a 22% rebound in Indraprastha Gas shares, Nuvama warns of unsupportive fundamentals and an imminent profit plunge, maintaining a cautious stance.
  • IGL Board Approves Bonus Shares and Capital Increase - 10 Dec, 2024

    Indraprastha Gas Ltd's board approved a 1:1 bonus share issuance and increased authorized share capital to Rs 1,000 crore, rewarding shareholders and enhancing growth potential.
  • IGL Faces Challenges Amid Bonus Share Announcement - 09 Dec, 2024

    Indraprastha Gas Ltd is grappling with regulatory challenges, including a significant cut in subsidized gas allocation, affecting profitability. Meanwhile, the company plans to announce its first-ever bonus shares on December 10, 2024, pending board approval.
  • IGL Plans Bonus Share Issue, Stock Rises - 05 Dec, 2024

    Indraprastha Gas Limited's shares surged 4% following the announcement of a board meeting on December 10 to consider a bonus share issue. This initiative reflects the company's commitment to rewarding shareholders despite a recent decline in net profit.
  • IGL Plans First Bonus Share Issue Meeting - 04 Dec, 2024

    Indraprastha Gas Ltd. will hold a board meeting on December 10, 2024, to consider its first-ever bonus share issue for shareholders. The trading window is closed from December 4, 2024, amid recent stock price declines and reduced gas allocations.
  • Indraprastha Gas Faces Supply Constraints and Price Hikes - 29 Nov, 2024

    Indraprastha Gas Ltd is increasingly dependent on expensive imports and challenging domestic production due to supply constraints, leading to a rise in CNG prices.
  • India Glycols Incorporates New Subsidiary IGL Spirits - 27 Nov, 2024

    India Glycols has established a wholly owned subsidiary, IGL Spirits, to engage in the spirits business. The company reported a 30.8% increase in net profit for Q2 FY25, driven by a 24.1% rise in revenue.
  • Indraprastha Gas Raises CNG Prices - 26 Nov, 2024

    Indraprastha Gas Ltd has increased CNG prices by Rs 2 per kg, reflecting adjustments in operational costs. This move may impact consumer expenses and demand.
  • IGL Shares Rise After CNG Price Increase - 25 Nov, 2024

    Indraprastha Gas Ltd raised CNG prices by ₹2 per kg in several cities, excluding Delhi. The price hike is expected to enhance revenue in non-Delhi regions, leading to a 2% surge in IGL shares.
  • IGL Announces CNG Price Hike Outside Delhi - 24 Nov, 2024

    Indraprastha Gas Limited has increased Compressed Natural Gas (CNG) prices in regions outside Delhi by Rs 1.5 to Rs 4 per kilogram, affecting about 30% of its operational areas. However, the price hike does not impact Delhi, which constitutes 70% of the company's CNG consumption.
  • Indraprastha Gas Faces Downgrades Amid Gas Allocation Cuts - 22 Nov, 2024

    Indraprastha Gas Limited's shares were downgraded by analysts following a government decision to cut APM gas allocations by 20%. This reduction is expected to significantly impact profitability and EBITDA margins.
  • Indraprastha Gas Stock Downgraded Amid Challenges - 21 Nov, 2024

    Indraprastha Gas and other City Gas Distribution stocks have seen significant declines of 23-43% due to reduced gas availability and regulatory challenges. Target prices for Indraprastha Gas have been cut by 30-42%, with a downgrade to 'Sell' from 'Accumulate'.
  • Indraprastha Gas Faces Significant Price Declines - 20 Nov, 2024

    Indraprastha Gas has experienced a sharp decline in share prices, dropping over 40% since October due to multiple cuts in APM gas allocations. Emkay Global has revised its RoE forecast down to 14% for FY26-27E.

Insights on Indraprastha Gas Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 16.16% to 19.29% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 3.67K Cr → 3.87K Cr (in ₹), with an average increase of 5.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 130.5% return, outperforming this stock by 147.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given 34.0% return, outperforming this stock by 36.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.00% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 8.74% to 7.52% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 11.92% to 10.41% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, IGL stock has moved down by -26.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 481.2 Cr → 454.88 Cr (in ₹), with an average decrease of 5.5% per quarter

News

Indian Equity Markets Decline Amid Federal Reserve's Hawkish Outlook

Aurobindo Pharmas wholly-owned subsidiary— Aurobindo Pharma USA Inc— recalled over 100,000 bottles of Cinacalcet tablets in multiple strengths in the US market. The New Jersey-based firm is recalling the product due to GMP Deviations: Presence of N-nitroso Cinacalcet impurity above FDA recommended interim limit. The company initiated the Class-2 recall on 7 November 2024. Cinacalcet tablets are used to treat hyperparathyroidism.20 Dec, 2024 05:30 PM

Nifty, Sensex Continue to Remain in a Bear Grip

Aurobindo Pharma wholly owned subsidiary—Aurobindo Pharma USA Inc., recalled over 1 lakh bottles of Cinacalcet tablets in multiple strengths in the US market. The New Jersey-based firm is recalling the product due to GMP Deviations: Presence of N-nitroso Cinacalcet impurity above FDA recommended interim limit. The company initiated the Class II recall on 7 November 2024. Cinacalcet tablets are used to treat hyperparathyroidism.20 Dec, 2024 05:30 PM

Singapore-based FII Invests ₹40 Crore in Standard Glass Lining Technology

The company has 443 customers, including end-users in the pharmaceutical, chemical, paint, biotechnology, and food and beverage sectors. As of June 30, 2024, their notable customers include 30 out of approximately 80 pharmaceutical and chemical companies in the NSE 500 index.20 Dec, 2024 02:32 PM
View More

Indraprastha Gas Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹3,458.51Cr (-)₹3,550.41Cr (↑2.66%)₹3,596.79Cr (↑1.31%)₹3,520.60Cr (↓2.12%)₹3,697.60Cr (↑5.03%)
Net Income₹552.67Cr (-)₹475.45Cr (↓13.97%)₹433.29Cr (↓8.87%)₹480.22Cr (↑10.83%)₹454.17Cr (↓5.42%)
Net Profit Margin15.98% (-)13.39% (↓16.21%)12.05% (↓10.01%)13.64% (↑13.20%)12.28% (↓9.97%)
Value in ₹ crore
Details2021202220232024
Total Assets₹8,635.71Cr (-)₹10,530.62Cr (↑21.94%)₹11,883.81Cr (↑12.85%)₹13,253.10Cr (↑11.52%)
Total Liabilities₹2,763.86Cr (-)₹3,594.47Cr (↑30.05%)₹4,797.25Cr (↑33.46%)₹4,701.36Cr (↓2.00%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,360.75Cr (-)₹1,545.97Cr (↑13.61%)₹1,897.90Cr (↑22.76%)₹2,230.59Cr (↑17.53%)₹1,535.66Cr (↓31.15%)

Index Inclusions

Nifty Midcap 100

₹56,906.75

-2.82 (-1649.5%)

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

S&P BSE Energy

₹10,833.76

-1.74 (-192.33%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

S&P BSE OIL & GAS

₹25,682.11

-1.76 (-459.49%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

BSE Mid-Cap

₹46,226.50

-2.43 (-1152.75%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Indraprastha Gas Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45%
0.00
Foreign Institutions
19.29%
19.37
Mutual Funds
10.41%
-12.64
Retail Investors
7.52%
-13.92
Others
17.78%
-2.24

Indraprastha Gas Ltd Key Indicators

Details20202021202220232024
Return On Equity %24.7318.3920.5320.6122.36
Details20202021202220232024
Return On Assets %17.3513.5814.2713.814.98
Details20202021202220232024
Book Value Per Share (₹)76.5490.49108.37113.3137.62
Details20202021202220232024
Earning Per Share (₹)17.8416.7521.4623.4228.33

Indraprastha Gas Ltd Valuation

Indraprastha Gas Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.81x)

November 21, 2024

Today (14.79x)

December 19, 2024

Industry (19.02x)

December 19, 2024

Highest (36.62x)

February 11, 2021

LowHigh

Indraprastha Gas Ltd Earnings and Dividends

  • Indraprastha Gas Ltd Earnings Results

    Indraprastha Gas Ltd’s net profit fell -17.69% since last year same period to ₹454.88Cr in the Q2 2024-2025. On a quarterly growth basis, Indraprastha Gas Ltd has generated -5.47% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Indraprastha Gas Ltd Dividends October,2024

    In the quarter ending September 2024, Indraprastha Gas Ltd has declared dividend of ₹5.50 - translating a dividend yield of 3.73%.

    Read More about Dividends

Indraprastha Gas Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Indraprastha Gas Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Indraprastha Gas Ltd (IGL) share price today is ₹388.3

Indraprastha Gas Ltd is listed on NSE

Indraprastha Gas Ltd is listed on BSE

  • Today’s highest price of Indraprastha Gas Ltd is ₹395.5.
  • Today’s lowest price of Indraprastha Gas Ltd is ₹384.1.

PE Ratio of Indraprastha Gas Ltd is 14.79

PE ratio = Indraprastha Gas Ltd Market price per share / Indraprastha Gas Ltd Earnings per share

Today’s traded volume of Indraprastha Gas Ltd(IGL) is 40.59L.

Today’s market capitalisation of Indraprastha Gas Ltd(IGL) is ₹27888.03Cr.

Indraprastha Gas Ltd(IGLPrice
52 Week High
₹570.35
52 Week Low
₹306.1

Indraprastha Gas Ltd(IGL) share price is ₹388.3. It is down -31.92% from its 52 Week High price of ₹570.35

Indraprastha Gas Ltd(IGL) share price is ₹388.3. It is up 26.85% from its 52 Week Low price of ₹306.1

Indraprastha Gas Ltd(IGLReturns
1 Day Returns
-1.55%
1 Month Returns
25.19%
3 Month Returns
-28.72%
1 Year Returns
-3.15%