Adani Total Gas Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 15.3%)
- Low debt relative to equity (D/E 0.5x)
Concerns
- Premium to sector peers (P/E 107x vs industry 26.8x)
- High premium to book value (P/B 14.5x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,322 | ₹17.9L Cr | 23.9 | 1.98 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹235 | ₹3.0L Cr | 6.75 | 0.79 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹415 | ₹2.6L Cr | 8.2 | 2.15 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹138 | ₹1.9L Cr | 5.77 | 0.89 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹316 | ₹1.4L Cr | 8.84 | 1.37 | 28.8 | 25.6 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 11.5 | 1.28 | 8.71 | 9.67 | 0.25 |
| OIL Oil India Limited | ₹488 | ₹79K Cr | 9.51 | 1.37 | 12.2 | 11.5 | 0.64 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ATGL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 74.80% | 74.80% | 74.80% | 74.80% | 74.80% | 74.80% |
| FII | 13.06% | 13.13% | 12.96% | 13.07% | 13.06% | 13.22% |
| DII | 6.14% | 6.12% | 6.15% | 6.13% | 6.27% | 6.23% |
| Public | 5.98% | 5.93% | 6.08% | 5.99% | 5.85% | 5.74% |
Corporate Events
To consider and approve the unaudited financial results (Standalone and Consolidated) for the quarter ended Jun 30, 2026
Dividend - Rs 0.25 Per Share
Dividend - Re 0.25 Per Share
Dividend - Re 0.25 Per Share
Dividend - Re 0.25 Per Share
Latest News
All newsAdani Total Gas appoints Preyash Jhaveri as CFO
*Adani Total Gas appoints Preyash Jhaveri as CFO* — Adani Total Gas has appointed Mr. Preyash Jhaveri as its Chief Financial Officer and Key Managerial Personnel effective **September 3, 2026**. This marks a strategic move in strengthening the company's financial leadership. The appointment reflects ongoing professionalization within the Adani Group's energy vertical. 📊 *STOCKS:* $ATGL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ManagementChange
Adani addresses Hindenburg and US legal challenges
*Adani addresses Hindenburg and US legal challenges* – Gautam Adani reaffirmed confidence in the group’s integrity amid ongoing US legal proceedings and the aftermath of the **Hindenburg report**. The Adani Group continues to face scrutiny over alleged financial irregularities, impacting investor sentiment. Despite volatility, key stocks have shown resilience with **$2.5Bn** in recent foreign inflows. Regulatory outcomes remain critical for near-term price action. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ATGL, ADANITRANS, ADANIINFRA, AWL, ADANIFERTI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
Adani Group reports highest-ever capex by Indian corporate
*Adani Group reports highest-ever capex by Indian corporate.* The conglomerate has announced a record capital expenditure of **₹4.3 lakh crore** across its portfolio companies, marking the largest capex by any Indian corporate. This massive investment is focused on green energy, ports, transmission, and gas infrastructure. The move signals strong long-term growth ambitions and could influence sectoral F&O activity. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ATGL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani Group market value nears ₹19 trillion
*Adani Group market value nears ₹19 trillion* as stocks recover past losses. The combined market cap has nearly erased all declines since the 2023 Hindenburg report. Key entities like Adani Enterprises and Adani Green Energy surged, reflecting strong investor sentiment. Recovery signals improved confidence in the conglomerate’s fundamentals. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
Adani Group recovers $150 billion market value
*Adani Group recovers $150 billion market value* after losses triggered by the Hindenburg report. Shares surged across major group companies as investor sentiment rebounded strongly. The recovery signals renewed confidence despite ongoing scrutiny. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ADANITRANS, ATGL, APSEZ | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
Adani stocks rally, recovering from Hindenburg crash
*Adani stocks rally, recovering from Hindenburg crash*. The Adani group companies continue their sharp rebound, recouping over **70%** of losses since the January 2023 Hindenburg report. Investor sentiment has turned positive amid strong volume support and corporate actions. The Nifty rose **1.8%**, led by Adani-heavy indices. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
US drops criminal charges against Gautam Adani
*US drops criminal charges against Gautam Adani* — The US Department of Justice has moved to dismiss criminal fraud charges against Adani Group chairman. This marks a significant legal reprieve for the billionaire and his conglomerate. Markets may react positively, especially Adani-linked stocks. The decision could ease ongoing investor concerns. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ADANITRANS, ATGL, AWL | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Adani
US drops fraud charges against Adani Group
*US drops fraud charges against Adani Group* following a $10 billion investment pledge by billionaire Gautam Adani. The decision marks a major legal reprieve for the conglomerate, which faced allegations tied to a 2023 Hindenburg report. Markets may react positively as sentiment improves around Adani firms. The investment pledge could boost foreign investor confidence. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #legal
Adani stocks surge on SEBI clean chit in Hindenburg case
*Adani stocks surge on SEBI clean chit in Hindenburg case.* Adani Group companies rallied up to **20%** after SEBI concluded its investigation, giving a clean chit in the Hindenburg allegations. Markets interpreted the development as a major regulatory relief, triggering heavy retail and institutional buying. The Nifty surged **1.8%**, led by Adani stocks. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ATGL, AMBUJACEM, NDTV | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
US to drop criminal fraud case against Gautam Adani
*US to drop criminal fraud case against Gautam Adani.* A settlement in the civil case has led to the expected dismissal of criminal charges, marking a pivotal development. This clears a major legal overhang for the Adani Group. Investor sentiment may rebound sharply on reduced regulatory risk. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* Legal | #HIGHIMPACT #Adani
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.5K Cr 3.9% | ₹1.5K Cr 5.2% | ₹1.4K Cr 2.8% | ₹1.3K Cr 3.6% | ₹1.3K Cr 6.2% | ₹1.2K Cr 6.5% | ₹1.1K Cr 1.9% | ₹1.2K Cr |
| Op. Profit | ₹305 Cr 3.4% | ₹295 Cr 0.7% | ₹293 Cr 10.2% | ₹266 Cr 0.4% | ₹265 Cr 13.4% | ₹306 Cr 3.7% | ₹295 Cr 2.4% | ₹288 Cr |
| OPM | 20.0% 0.0% | 20.0% 4.8% | 21.0% 5.0% | 20.0% 0.0% | 20.0% 20.0% | 25.0% 3.8% | 26.0% 4.0% | 25.0% |
| Net Profit | ₹159 Cr 2.5% | ₹163 Cr 1.2% | ₹165 Cr 6.5% | ₹155 Cr 9.2% | ₹142 Cr 23.7% | ₹186 Cr 8.1% | ₹172 Cr 2.4% | ₹168 Cr |
| EPS (₹) | 1.44 3.4% | 1.49 0.7% | 1.5 6.4% | 1.41 9.3% | 1.29 23.7% | 1.69 8.3% | 1.56 2.0% | 1.53 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.9K Cr 17.9% | ₹5.0K Cr 11.7% | ₹4.5K Cr 2.2% | ₹4.4K Cr 44.1% | ₹3.0K Cr 79.1% | ₹1.7K Cr 9.5% | ₹1.9K Cr 9.1% | ₹1.7K Cr 25.1% | ₹1.4K Cr |
| Expenses | ₹4.7K Cr 21.7% | ₹3.9K Cr 14.6% | ₹3.4K Cr 3.9% | ₹3.5K Cr 54.9% | ₹2.3K Cr 128.6% | ₹991 Cr 22.6% | ₹1.3K Cr 1.3% | ₹1.3K Cr 25.4% | ₹1.0K Cr |
| Op. Profit | ₹1.2K Cr 5.1% | ₹1.1K Cr 3.0% | ₹1.1K Cr 26.9% | ₹870 Cr 12.5% | ₹773 Cr 9.8% | ₹704 Cr 18.3% | ₹595 Cr 30.8% | ₹455 Cr 24.3% | ₹366 Cr |
| OPM | 20.0% 13.0% | 23.0% 8.0% | 25.0% 25.0% | 20.0% 20.0% | 25.0% 40.5% | 42.0% 31.3% | 32.0% 23.1% | 26.0% 3.7% | 27.0% |
| Other Income | ₹60 Cr 42.9% | ₹42 Cr 32.3% | ₹62 Cr 14.8% | ₹54 Cr 17.4% | ₹46 Cr 53.3% | ₹30 Cr 31.8% | ₹44 Cr 25.4% | ₹59 Cr 26.3% | ₹80 Cr |
| Interest | ₹129 Cr 27.7% | ₹101 Cr 9.0% | ₹111 Cr 42.3% | ₹78 Cr 47.2% | ₹53 Cr 32.5% | ₹40 Cr 2.4% | ₹41 Cr 54.4% | ₹90 Cr 28.0% | ₹125 Cr |
| Depreciation | ₹243 Cr 19.1% | ₹204 Cr 29.1% | ₹158 Cr 39.8% | ₹113 Cr 36.1% | ₹83 Cr 31.7% | ₹63 Cr 23.5% | ₹51 Cr 23.9% | ₹67 Cr 9.8% | ₹61 Cr |
| PBT | ₹882 Cr 0.8% | ₹875 Cr 2.3% | ₹896 Cr 22.2% | ₹733 Cr 7.2% | ₹684 Cr 8.4% | ₹631 Cr 15.4% | ₹547 Cr 53.2% | ₹357 Cr 37.8% | ₹259 Cr |
| Tax % | 26.0% 4.0% | 25.0% 3.8% | 26.0% 4.0% | 25.0% 3.8% | 26.0% 4.0% | 25.0% 25.0% | 20.0% 44.4% | 36.0% 0.0% | 36.0% |
| Net Profit | ₹656 Cr 0.3% | ₹654 Cr 2.1% | ₹668 Cr 22.3% | ₹546 Cr 7.3% | ₹509 Cr 9.9% | ₹463 Cr 6.2% | ₹436 Cr 90.4% | ₹229 Cr 41.4% | ₹162 Cr |
| EPS (₹) | 5.96 0.2% | 5.95 2.0% | 6.07 22.1% | 4.97 7.3% | 4.63 10.0% | 4.21 6.0% | 3.97 90.9% | 2.08 67.0% | 6.31 |
| Div Payout | 4.0% 0.0% | 4.0% 0.0% | 4.0% 20.0% | 5.0% 0.0% | 5.0% 16.7% | 6.0% 0.0% | 6.0% 50.0% | 12.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 0.0% | ₹110 Cr 57.2% | ₹257 Cr |
| Reserves | ₹4.8K Cr 8.1% | ₹4.4K Cr 7.4% | ₹4.1K Cr 18.1% | ₹3.5K Cr 22.6% | ₹2.8K Cr 22.8% | ₹2.3K Cr 26.4% | ₹1.8K Cr 34.0% | ₹1.4K Cr 37.2% | ₹992 Cr 30.7% | ₹759 Cr |
| Borrowings | ₹2.3K Cr 12.4% | ₹2.0K Cr 9.4% | ₹1.8K Cr 17.8% | ₹1.6K Cr 9.5% | ₹1.4K Cr 37.4% | ₹1.0K Cr 95.7% | ₹529 Cr 23.6% | ₹428 Cr 8.6% | ₹394 Cr 70.7% | ₹1.3K Cr |
| Other Liabilities | ₹2.4K Cr 9.0% | ₹2.2K Cr 37.1% | ₹1.6K Cr 11.7% | ₹1.5K Cr 13.4% | ₹1.3K Cr 33.0% | ₹964 Cr 30.1% | ₹741 Cr 28.4% | ₹577 Cr 4.5% | ₹552 Cr 24.9% | ₹442 Cr |
| Total Liabilities | ₹9.5K Cr 9.2% | ₹8.7K Cr 14.1% | ₹7.7K Cr 16.3% | ₹6.6K Cr 16.8% | ₹5.6K Cr 27.9% | ₹4.4K Cr 37.8% | ₹3.2K Cr 29.4% | ₹2.5K Cr 20.9% | ₹2.0K Cr 26.9% | ₹2.8K Cr |
Assets | ||||||||||
| Fixed Assets | ₹4.3K Cr 8.2% | ₹4.0K Cr 9.2% | ₹3.7K Cr 15.0% | ₹3.2K Cr 35.9% | ₹2.3K Cr 34.7% | ₹1.7K Cr 25.7% | ₹1.4K Cr 15.1% | ₹1.2K Cr 22.2% | ₹980 Cr 9.3% | ₹897 Cr |
| CWIP | ₹2.0K Cr 9.1% | ₹1.8K Cr 2.0% | ₹1.9K Cr 24.6% | ₹1.5K Cr 7.2% | ₹1.6K Cr 38.3% | ₹1.2K Cr 68.2% | ₹696 Cr 103.5% | ₹342 Cr 80.0% | ₹190 Cr 86.3% | ₹102 Cr |
| Investments | ₹1.7K Cr 15.8% | ₹1.5K Cr 80.0% | ₹811 Cr 14.9% | ₹706 Cr 3.5% | ₹682 Cr 7.6% | ₹634 Cr 52.0% | ₹417 Cr 47.9% | ₹282 Cr 60.2% | ₹176 Cr 2.2% | ₹180 Cr |
| Other Assets | ₹1.5K Cr 5.6% | ₹1.5K Cr 9.8% | ₹1.3K Cr 10.1% | ₹1.2K Cr 19.7% | ₹1.0K Cr 15.0% | ₹878 Cr 23.5% | ₹711 Cr 8.5% | ₹655 Cr 6.6% | ₹701 Cr 56.8% | ₹1.6K Cr |
| Total Assets | ₹9.5K Cr 9.2% | ₹8.7K Cr 14.1% | ₹7.7K Cr 16.3% | ₹6.6K Cr 16.8% | ₹5.6K Cr 27.9% | ₹4.4K Cr 37.8% | ₹3.2K Cr 29.4% | ₹2.5K Cr 20.9% | ₹2.0K Cr 26.9% | ₹2.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.1K Cr 19.2% | ₹964 Cr 0.9% | ₹955 Cr 12.0% | ₹853 Cr 16.5% | ₹732 Cr 11.9% | ₹654 Cr 32.9% | ₹492 Cr 38.2% | ₹356 Cr 28.5% | ₹277 Cr |
| Investing CF | ₹-1.2K Cr 32.5% | ₹-933 Cr 24.1% | ₹-752 Cr 35.6% | ₹-1.2K Cr 3.0% | ₹-1.1K Cr 47.1% | ₹-770 Cr 67.0% | ₹-461 Cr 158.3% | ₹791 Cr 180.1% | ₹-988 Cr |
| Financing CF | ₹116 Cr 107.1% | ₹56 Cr 171.8% | ₹-78 Cr 126.4% | ₹295 Cr 30.1% | ₹422 Cr 982.1% | ₹39 Cr 138.2% | ₹-102 Cr 90.5% | ₹-1.1K Cr 238.3% | ₹779 Cr |
| Net Cash Flow | ₹29 Cr 66.7% | ₹87 Cr 30.4% | ₹125 Cr 757.9% | ₹-19 Cr 190.5% | ₹21 Cr 126.9% | ₹-78 Cr 9.9% | ₹-71 Cr 201.4% | ₹70 Cr 2.9% | ₹68 Cr |
| Free Cash Flow | ₹161 Cr 600.0% | ₹23 Cr 85.3% | ₹156 Cr 148.3% | ₹-323 Cr 48.2% | ₹-218 Cr 563.8% | ₹47 Cr 7.8% | ₹51 Cr 55.7% | ₹115 Cr 16.1% | ₹137 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26d 16.1% | 31d 6.1% | 33d 26.9% | 26d 18.2% | 22d 0.0% | 22d 83.3% | 12d 33.3% | 18d 52.6% | 38d |
| Inventory Days | — | — | — | 11d 26.7% | 15d 40.0% | 25d 78.6% | 14d 6.7% | 15d 16.7% | 18d |
| Days Payable | — | — | — | 36d 16.1% | 31d 43.6% | 55d 96.4% | 28d 20.0% | 35d 38.6% | 57d |
| Cash Conv. Cycle | 26d 16.1% | 31d 6.1% | 33d 3200.0% | 1d 83.3% | 6d 175.0% | -8d 300.0% | -2d 0.0% | -2d 0.0% | -2d |
| Working Capital Days | -99d 47.8% | -67d 33.7% | -101d 28.9% | -142d 3.6% | -137d 7.0% | -128d 433.3% | -24d 580.0% | 5d 90.4% | 52d |
| ROCE | 15.0% 11.8% | 17.0% 19.0% | 21.0% 0.0% | 21.0% 16.0% | 25.0% 19.4% | 31.0% 8.8% | 34.0% 41.7% | 24.0% | — |
Source: Screener.in · Lower days = better efficiency
About Adani Total Gas Limited
AGL is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users.
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