Indraprastha Gas Limited (IGL) is an Indian Natural Gas distribution company which established in 1998, its headquarters is based in New Delhi, India. Indraprastha Gas Limited (IGL) supplies natural gas as cooking and vehicular fuel, mainly in Dehli NCR. The company is a joint venture between GAIL, Bharat Petroleum and the Government of Delhi.
Indraprastha Gas Limited (IGL) supplied piped Natural gas to over to 9,00,000 homes, over 2,000 commercial and more than 1,150 industrial establishments in the NCR. It also operates 425 CNG filling stations for Natural gas vehicles. IGL share price as on 5 Dec 2024 is 368.
Price date of (IGL) Share :-
| Category | Price (₹) |
|---|---|
| Today’s High | 374.80 |
| Today’s Low | 360.60 |
| 52 Week High | 570.60 |
| 52 Week Low | 306.50 |
Current Fundamentals of Indraprastha Gas Limited (IGL) :-
| Metric | Value | Metric | Value |
|---|---|---|---|
| Market Cap | ₹ 25,690.03 Cr. | Face Value | ₹ 2 |
| Enterprise Value | ₹ 23,056.80 Cr. | Dividend Yield | 2.5 % |
| No. of Shares | 70 Cr. | Book Value (TTM) | ₹ 150.97 |
| P/E | 13.91 | Cash | ₹ 2,633.23 Cr. |
| P/B | 2.43 | Debt | ₹ 0 Cr. |
| Promoter Holding | 45 % | EPS (TTM) | ₹ 26.38 |
| Sales Growth | -0.94 % | ROE | 22.58 % |
| ROCE | 29.26 % | Profit Growth | 20.96 % |
Shareholding of Indraprastha Gas Limited (IGL) Share :-
| Category | Holding (%) |
|---|---|
| Promoters | 45.00% |
| Foreign Institutions | 19.29% |
| Other Domestic Institutions | 12.78% |
| Retail and Others | 12.52% |
| Mutual Funds | 10.41% |
Target in Indraprastha Gas Limited (IGL) Share for 2025-2030 :-
| Year | Target |
|---|---|
| 2025 | 420 |
| 2026 | 460 |
| 2027 | 550 |
| 2028 | 620 |
| 2029 | 680 |
| 2030 | 800 |
Quarterly Result (All Figures in Cr.) :-
| Particulars | MAR 2024 | JUN 2024 | SEP 2024 |
|---|---|---|---|
| Net Sales | 3,964.42 | 3,891.47 | 4,088.40 |
| Total Expenditure | 3,443.25 | 3,311.16 | 3,553.52 |
| Operating Profit | 521.17 | 580.31 | 534.88 |
| Other Income | 79.89 | 72.36 | 83.02 |
| Interest | 2.57 | 2.22 | 2.32 |
| Depreciation | 110.89 | 114.43 | 118.52 |
| Exceptional Items | 0 | 0 | 0 |
| Profit Before Tax | 487.60 | 536.02 | 497.06 |
| Tax | 135.83 | 136.57 | 133.41 |
| Profit After Tax | 351.77 | 399.45 | 363.65 |
| Adjustments | 82.02 | 81.75 | 91.23 |
| Consolidated Net Profit | 433.79 | 481.20 | 454.88 |
| Adjusted EPS (Rs) | 6.20 | 6.87 | 6.50 |
Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) :-
| Particulars | MAR 2022 | MAR 2023 | MAR 2024 |
|---|---|---|---|
| Net Sales | 7,709.96 | 14,132.63 | 14,000.02 |
| Total Expenditure | 5,817.30 | 12,090.92 | 11,617.98 |
| Operating Profit | 1,892.66 | 2,041.71 | 2,382.04 |
| Other Income | 176.64 | 217.23 | 260.95 |
| Interest | 24.76 | 26.84 | 27.55 |
| Depreciation | 317.06 | 363.36 | 413.96 |
| Exceptional Items | 0 | 0 | 0 |
| Profit Before Tax | 1,953.20 | 2,122.37 | 2,542.50 |
| Tax | 450.93 | 482.72 | 559.10 |
| Profit After Tax | 1,502.27 | 1,639.65 | 1,983.40 |
| Adjustments | 0 | 0 | 1.67 |
| Consolidated Net Profit | 1,502.27 | 1,639.65 | 1,985.07 |
| Adjusted EPS (Rs.) | 21.46 | 23.42 | 28.36 |
Balance Sheet (All Figures are in Crores.) :-
| Particulars | MAR 2022 | MAR 2023 | MAR 2024 |
|---|---|---|---|
| Equity and Liabilities | |||
| Share Capital | 140 | 140 | 140 |
| Total Reserves | 7,446.04 | 7,791.24 | 9,493.37 |
| Minority Interest | 0 | 0 | 16.46 |
| Borrowings | 0 | 0 | 0 |
| Other N/C Liabilities | 408.47 | 454.79 | 489.62 |
| Current Liabilities | 3,107.70 | 4,237.25 | 4,080.51 |
| Total Liabilities | 11,102.21 | 12,623.28 | 14,219.96 |
| Assets | |||
| Net Block | 5,001.74 | 5,733.54 | 6,603.28 |
| Capital WIP | 1,378.60 | 1,433.74 | 1,396.44 |
| Intangible WIP | 0 | 0 | 0 |
| Investments | 908.01 | 1,102.80 | 1,341.48 |
| Loans & Advances | 49.59 | 122.37 | 232.05 |
| Other N/C Assets | 1.58 | 501.33 | 283.27 |
| Current Assets | 3,762.69 | 3,729.50 | 4,363.44 |
| Total Assets | 11,102.21 | 12,623.28 | 14,219.96 |
Cash Flows (All Figures are in Crores.) :-
| Particulars | MAR 2022 | MAR 2023 | MAR 2024 |
|---|---|---|---|
| Profit from Operations | 1,953.20 | 2,122.37 | 2,542.50 |
| Adjustment | -57.15 | -55.31 | -140.15 |
| Changes in Assets & Liabilities | 377.72 | 646.87 | -383.48 |
| Tax Paid | -375.87 | -483.34 | -487.11 |
| Operating Cash Flow | 1,897.90 | 2,230.59 | 1,531.76 |
| Investing Cash Flow | -1,584.76 | -841.36 | -1,102.80 |
| Financing Cash Flow | -328.46 | -1,358.62 | -315.53 |
| Net Cash Flow | -15.32 | 30.61 | 113.43 |
Indraprastha Gas Limited (IGL) Ongoing Projects :-
CSR Projects by IGL (2023-2024):
- Health: Screening and treating anemia in women and children.
- Education: Computer training for special children and skill development for underprivileged youth.
- Training: Providing technical training to ITI students at the IGL Gas Plumbing Training Centre.
Biogas Plants:
IGL plans to set up 19 compressed biogas plants in Delhi, Haryana, Rajasthan, and Uttar Pradesh. The biogas will be mixed with regular gas and sold as CNG and piped gas.
PNG Expansion:
IGL is working to expand its piped natural gas (PNG) service to villages in south-west Delhi.
Indraprastha Gas Limited (IGL) Future Plan :-
Renewable Energy:
Indraprastha Gas Limited (IGL) plans to invest in or join companies that produce solar energy and set up electric vehicle (EV) charging stations. They also aim to go beyond the government’s requirements for blending Compressed Biogas (CBG) with natural gas by 2025.
CNG and PNG:
Indraprastha Gas Limited (IGL) plans to:
- Open 80-90 CNG stations this year and a similar number next year.
- Add 2-3 lakh new connections to its PNG network every year.
- Supply PNG for other uses, like geysers.
Manufacturing:
Indraprastha Gas Limited (IGL) plans to build factories to make equipment like gas meters, compressors, and type 4 cylinders.
Infrastructure:
Indraprastha Gas Limited (IGL) plans to expand its pipelines.
Customer Service:
Indraprastha Gas Limited (IGL) plans to:
- Improve its app, IGL Connect, with new features.
- Strengthen its customer relationship management (CRM) system.
- Promote digital payments.
- Improve how they read meters, send bills, and deliver them to customers.
Safety:
IGL plans to:
- Keep a strong focus on safety.
- Follow the highest safety standards.
- Provide regular safety training to drivers, customers, employees, and other workers.
Consultancy:
IGL plans to offer its expertise and services to help other companies with their projects.