Adani Total Gas Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 15.4%)
- ✓Low debt relative to equity (D/E 0.5x)
Concerns
- ✗Premium to sector peers (P/E 106x vs industry 29.5x)
- ✗High premium to book value (P/B 14.4x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,431 | ₹19.4L Cr | 24 | 2.14 | 9.25 | 10.5 | 0.44 |
| ONGC Oil & Natural Gas Corporation Limited | ₹300 | ₹3.8L Cr | 9.92 | 1.03 | 10.6 | 12 | 0.48 |
| COALINDIA Coal India Limited | ₹481 | ₹3.0L Cr | 9.54 | 2.49 | 28.5 | 35.3 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹142 | ₹2.0L Cr | 5.62 | 1.02 | 6.51 | 7.36 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹300 | ₹1.3L Cr | 5.22 | 1.38 | 17.3 | 16.2 | 0.56 |
| GAIL GAIL (India) Limited | ₹163 | ₹1.1L Cr | 12.5 | 1.22 | 13.1 | 14 | 0.25 |
| OIL Oil India Limited | ₹491 | ₹80K Cr | 13.7 | 1.42 | 13.3 | 12.9 | 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
Dividend - Re 0.25 Per Share
Dividend - Re 0.25 Per Share
Dividend - Re 0.25 Per Share
Latest News
All news →SEBI dismisses Hindenburg allegations against Adani group
*SEBI dismisses Hindenburg allegations against Adani group.* The market regulator found no evidence to support the short-seller's claims after a detailed probe. This clears a major regulatory overhang, boosting investor confidence in Adani stocks. Share prices could see sharp recovery in coming sessions. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ATGL, AMBUJACEM, UNIONBANK | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Adani
Adani stocks surge as regulator dismisses Hindenburg claims
*Adani stocks surge as regulator dismisses Hindenburg claims.* Shares of Adani group companies jumped **up to 20%** after SEBI dismissed certain allegations made by Hindenburg Research. The market interpreted the move as a positive signal, triggering a sharp recovery in valuations. Investor sentiment improved despite ongoing scrutiny. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
SEBI clears Adani Group of Hindenburg allegations
*SEBI gives clean chit to Adani, group on Hindenburg charges.* The market regulator has concluded its investigation into the Adani Group, finding no evidence of manipulation tied to the **Hindenburg Research allegations**. This clears a major overhang, potentially triggering a sharp rebound in **Adani stock prices** which had corrected sharply post the February 2023 report. Investor sentiment is expected to improve significantly across the group. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ATGL, ADANIGREEN, ADANITRANS, AWL | 🏢 *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 | 10d | — | — | 11d ▼26.7% | 15d ▼40.0% | 25d ▲78.6% | 14d ▼6.7% | 15d ▼16.7% | 18d |
| Days Payable | 34d | — | — | 36d ▲16.1% | 31d ▼43.6% | 55d ▲96.4% | 28d ▼20.0% | 35d ▼38.6% | 57d |
| Cash Conv. Cycle | 2d ▼93.5% | 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 | -81d ▼20.9% | -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.
Oil, Gas & Consumable Fuels · Gas