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ADANI TOTAL GAS LIMITED

Oil Gas & Consumable Fuels › Gas·NIFTY 200NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 100+7
₹537.00
at close · 27 Oct 2026
▲ 2.00 (+0.37%)
ThemesElectric Vehicles· growing

Latest filings

  1. Adani Total Gas shares Q2 FY27 analyst call audio · Investor Communications
  2. Adani Total Gas Q2 FY27 Results: Revenue up 34%, EBITDA up 12% YoY · Investor Communications
  3. ATGL Q2 results: ED Manglani retires, Pandita named Executive Director and CEO · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Distributes natural gas to Indian households, vehicles, and businesses through city gas distribution networks, with the combined ATGL and IOAGPL joint venture footprint covering 53 geographic areas across 125 districts and 14% of India's population. The CNG business retails compressed natural gas at company-operated stations while the PNG business delivers piped natural gas to households and to industrial and commercial users. A third line is electric vehicle charging, which is being scaled up toward a stated 10,000-point target. Gas volumes grew 13% year-on-year in Q1 FY27, with CNG +18% and PNG +4%. Gas is sourced 62% from domestic fields and 38% from imported RLNG, with about 15% of volumes now bought on the spot market after the pooled gas mechanism was withdrawn. Materials (predominantly gas procurement) account for 62.9% of revenue, making sourcing cost the dominant cost driver and the principal cause of recent margin compression.

Operating scale
CNG stations (standalone)
707Q1 FY27
PNG households (standalone)
11.41 lakhQ1 FY27
EV charging points
5,306 (58 MW); target 10,000Q1 FY27
Steel pipeline network
15,987 inch-kmQ1 FY27
Gas sales volume
303 MMSCMQ1 FY27
Industrial & commercial customers
10,422Q1 FY27
Who pays it
Vehicle owners (CNG), residential households, commercial establishments and industrial users (PNG)
Biggest cost
Gas procurement (raw materials), 62.9% of revenue; mix of domestic gas and imported RLNG
Kind of business
Asset-heavy city gas distribution with policy-linked gas sourcing and high capex intensity
Where it sits
City gas distribution in 53 geographic areas covering 14% of India's population across 125 districts; operates 707 CNG stations and 5,306 EV charging points
Market Cap
₹59,039 Cr
P / E (TTM)
93.4×
EV / EBITDA
50.2×
Div Yield
0.05%
Growth
29.1%▲
Revenue 5y CAGR
PAT +7.2% · EBITDA +10.9%
Quality
20.7%▲
ROCE (5y median)
ROE 18.6% (5y median) · margin 19.2%
Leverage
0.45·
Debt / Equity · low
Net debt ₹1,915 Cr
Revenue FY21→FY26
3.6×▲
Margin −15.7 pts
₹1,784 Cr → ₹6,409 Cr
Cash conversion
1.53×▲
Operating cash ÷ profit · 5 yrs
₹4,656 Cr on ₹3,034 Cr
Moves on a normal day
0.99%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 8 Gas peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#9/9
P/B#9/9
ROCE#5/9
ROE#2/9
Debt / Equity#9/9
EBITDA margin#6/9
Revenue growth#4/9
Profit growth#7/9

Scorecard

Measured from the filed financials, judged against its Gas peers · as of FY26 — not investment advice

Strengths
Revenue compounding 29% a year over 5 years
Returns on capital 20.7% (5-year median)
#5 of 9 in Gas on the latest reported figures · down from 28.0% in FY21
Over 5 years it reported ₹3,034 Cr of profit and ₹4,656 Cr of operating cash — 1.53×
Profit is converting into cash
Concerns
Carries more debt than its peers — 0.45× equity
higher than 100% of its 9 Gas peers

Charts

How has the market priced it — with filings on the timeline?

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ADANI TOTAL GAS LIMITED's filed financials and exchange disclosures

What does ADANI TOTAL GAS LIMITED do?

ADANI TOTAL GAS LIMITED is a Gas company listed on NSE and BSE, trading under the symbol ATGL.

Is ADANI TOTAL GAS LIMITED profitable?

Yes. Over the trailing twelve months ADANI TOTAL GAS LIMITED reported a net profit of ₹632 Cr on revenue of ₹6,817 Cr.

Does ADANI TOTAL GAS LIMITED pay a dividend?

Yes. The dividend yield is 0.05% at the current price. It paid out 4% of its profit as dividend in FY26.

Is ADANI TOTAL GAS LIMITED debt-free?

No. It reported borrowings of ₹2,168 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,915 Cr after cash. Debt stands at 0.45× equity. That is higher than 100% of its 9 Gas peers.

Is ADANI TOTAL GAS LIMITED expensive compared with its peers?

On trailing P/E, ADANI TOTAL GAS LIMITED ranks 9 of 9 in Gas — cheaper than 0% of them, against an industry median of 14.5×. This is a position, not a valuation judgement.

How much does the ADANI TOTAL GAS LIMITED share price move in a day?

On a typical session ADANI TOTAL GAS LIMITED moves 0.99% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track ADANI TOTAL GAS LIMITED's announcements?

Every NSE and BSE filing by ADANI TOTAL GAS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.