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Adani Total Gas Ltd

ATGL

Adani Total Gas Ltd

ATGL
UtilitiesGas Distribution
MidcapWith a market cap of ₹73,872 cr, stock is ranked 131
High RiskStock is 4.25x as volatile as Nifty
601.9010.40% (-69.85)
601.9010.40% (-69.85)

Price Chart

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1M
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Max
SIP
UtilitiesGas Distribution
MidcapWith a market cap of ₹73,872 cr, stock is ranked 131
High RiskStock is 4.25x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

UtilitiesGas Distribution
MidcapWith a market cap of ₹73,872 cr, stock is ranked 131
High RiskStock is 4.25x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
105.2320.630.04%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.553.271.36%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Adani Gas is in the business of developing city gas distribution networks to supply piped natural gas to the industrial, commercial, domestic and compressed natural gas to the transportation sector

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 20.23%, vs industry avg of 12.64%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.71% to 2.3%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 23.89%, vs industry avg of 11.3%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,453.721,805.641,918.941,739.963,084.054,432.394,536.664,749.27
Raw Materialssubtract872.401,087.211,059.63770.701,938.533,083.322,848.323,510.53
Power & Fuel Costsubtract26.8032.2935.3927.1054.2483.2991.47
Employee Costsubtract38.9042.0047.4651.5254.7355.6866.71
Selling & Administrative Expensessubtract33.9057.8890.7581.30134.53139.49185.67
Operating & Other expensessubtract36.4172.5846.5675.1382.78146.54178.85
Depreciation/Amortizationsubtract61.0167.3150.7062.5282.73113.10157.88184.61
Interest & Other Itemssubtract125.3389.8541.0540.4852.7378.43111.45109.94
Taxes & Other Itemssubtract97.00127.82111.08168.39174.38186.05228.81242.15
EPS6.313.373.974.214.634.976.076.38
DPS0.000.250.250.250.250.250.250.25
Payout ratio0.000.070.060.060.050.050.040.04

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
 

Peers & Comparison

Comparing 3 stocks from 
UtilitiesGas Distribution

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Adani Total Gas Ltd110.6720.630.04%
Gail (India) Ltd12.401.592.95%
Gujarat Gas Ltd27.164.021.25%
Indraprastha Gas Ltd11.302.322.81%

Price Comparison

Compare ATGL with any stock or ETF
Compare ATGL with any stock or ETF
ATGL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.80%0.11%6.02%13.07%6.00%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep14.08%13.94%13.06%13.14%12.96%13.07%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Adani Total Gas Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan

Growth
0.0228%0.25%-0.10%57/59 (-15)
UTI Nifty Next 50 Index Fund - Direct Growth Plan

Growth
0.0159%0.25%-0.10%57/59 (-2)
HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan

Growth
0.0061%0.25%-0.10%54/59 (-12)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ATGL has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.04%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.37 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJun 14, 2024

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Jun 14, 2024

Cash Dividend

Ex DateEx DateJul 7, 2023

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Jul 7, 2023

Cash Dividend

Ex DateEx DateJul 14, 2022

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Jul 14, 2022

Cash Dividend

Ex DateEx DateJun 24, 2021

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Jun 24, 2021

Cash Dividend

Ex DateEx DateMar 26, 2020

Interim
Interim | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Mar 26, 2020

News & Opinions
Spotlight
Adani Total Gas spurts after Q2 PAT rises 6% YoY to Rs 178 cr

The said growth in revenue from operations was due to higher volume and sales realization. Profit before tax was at Rs 239.88 crore in Q2 FY25, up 6.60% as against Rs 225.01 crore posted in Q2 FY24. EBITDA rose 8% YoY to Rs 313 crore in Q2 FY25, supported by volume growth due to infrastructure expansion and operational efficiency. Total sales volume jumped 15% to Rs 242 million metric standard cubic metric (MMSCM) in Q2 FY25 as against 211 MMSCM in Q2 FY24. Compressed natural gas (CNG) sales increased 19% YoY to Rs 162 MMSCM while piped natural gas (PNG) sales rose 7% YoY to Rs 80 MMSCM during the period under review. In September'24, ATGL secured the largest global financing in India's City Gas Distribution Business of $375 million to accelerate network infrastructure development program. During Q2FY25, company added 18 new CNG stations increasing the number to 577. The company has commissioned its first liquefied natural gas (LNG) retail outlet in Tiruppur, while two more are under construction in Dahej and Mundra. On half year basis, the company's standalone net profit increased 12.59% to Rs 355.20 crore on 10.36% rise in revenue to Rs 2,552.59 crore in H1 FY25 over H1 FY24. Suresh P Manglani, ED & CEO of Adani Total Gas, said, 'ATGL has reported healthy operational and financial performance during the quarter. Our business is closely aligned with India's energy transition goals which we are delivering by providing cleaner and greener energy solutions to all our consumers. We now reach over 9 lakh consumers through our piped gas network supplying uninterrupted piped natural gas. We have commissioned our first LNG station for the transportation segment and progressing towards covering key highway networks aiding India's decarburization march. Following the recent reduction in APM gas allocation, which caters to auto CNG and home PNG consumers, we are closely monitoring the situation and given our diversified gas sourcing portfolio, we will ensure a calibrated pricing approach to balance the interest of our consumers' Adani Total Gas is one of India's leading private players in developing city gas distribution (CGD) networks to supply piped natural gas (PNG) to industrial, commercial, domestic (residential) customers and compressed natural gas (CNG) to the transport sector.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Adani Total Gas consolidated net profit rises 7.48% in the September 2024 quarter

Net profit of Adani Total Gas rose 7.48% to Rs 185.60 crore in the quarter ended September 2024 as against Rs 172.68 crore during the previous quarter ended September 2023. Sales rose 11.23% to Rs 1218.65 crore in the quarter ended September 2024 as against Rs 1095.59 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1218.651095.59 11 OPM %25.0925.55 - PBDT298.75267.52 12 PBT247.37229.90 8 NP185.60172.68 7 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Adani Total Gas schedules board meeting

Adani Total Gas will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Adani Total Gas secures $375 million financing from global lenders

The maiden financing of $375 million executed with international lenders include an initial commitment of $315 million with accordion feature to enhance the commitments. Five international lenders participated in the initial financing which includes BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation. ATGL stated that these facilities will fast track the capital expenditure program, enabling the company to rapidly expand its CGD network into its 34 authorized geographical areas (GAs) across 13 states. This development agenda shall cater to up to 14% of India's population covering more than 200 million people. The expansion will deepen the penetration of piped natural gas (PNG) and compressed natural gas (CNG) infrastructure, creating an ecosystem for a gas-based economy. Parag Parikh, CFO of ATGL, said: 'Participation from the global lenders reinforces the potential of city gas distribution in its role as transition fuel This financing framework will drive ATGL's sustained growth and will be a stepping-stone for future financing based on its capital management plan which will create a long-term value for all our stakeholders.' Adani Total Gas is one of India's leading private players in developing city gas distribution (CGD) networks to supply piped natural gas (PNG) to industrial, commercial, domestic (residential) customers and compressed natural gas (CNG) to the transport sector. The company's standalone net profit increased 19.91% to Rs 177.09 crore in Q1 FY25 as comapred with Rs 147.69 crore in Q1 FY24. Revenue from operations rose 9.01% YoY to Rs 1237.10 crore in Q1 FY25. The scrip had advanced 1.60% to end at Rs 788.60 on the BSE on Friday. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Adani Total Gas secures financing of USD 375 mn from global lenders

Adani Total Gas has entered into an overall financing framework which enables it to secure future funding based on its business plan. The maiden financing of USD 375 million executed with international lenders include an initial commitment of USD 315 million with accordion feature to enhance the commitments. Five international lenders participated in the initial financing which includes BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation. The facility will fast track the capital expenditure program enabling ATGL to rapidly expand its CGD network into its 34 authorized Geographical Areas (GAs) across 13 states. This development agenda shall cater to up to 14% of India's population covering more than 200 million people. The expansion will deepen the penetration of Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) infrastructure, creating an ecosystem for a gas-based economy. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Adani Total Gas gains after Q1 PAT jumps 20% YoY to Rs 177 cr in FY25

Revenue from operations rose 9.01% YoY to Rs 1237.10 crore in Q1 FY25. EBITDA jumped 21% to Rs 308 crore during the quarter as compared with Rs 255 crore in Q1 FY24. Total sales volume jumped 17% to Rs 230 million metric standard cubic metric (MMSCM) in Q1 FY25 as against 198 MMSCM in Q1 FY24. Compressed natural gas (CNG) sales increased 20% YoY to Rs 153 MMSCM while piped natural gas (PNG) sales rose 11% YoY to Rs 77 MMSCM during the period under review. Suresh P Manglani, ED & CEO of Adani Total Gas, said, 'During the quarter, ATGL received approval from regulator for the transfer of Letter of Authorization for Jalandhar Geographical Area (GA) which provides high volume growth opportunity to the Company. We have also crossed a significant milestone of 1000+ EV charging points, reaching 1212 EV charging points across multiple locations.. 'We continue to see more traction on natural gas as we further build CGD infrastructure and penetrate deeper across multiple GAs. With newer sustainable energy in form of E-mobilty, LNG and Biomass, we remain fully committed to provide a sustainable energy platform to our consumers and playing a leading role in the country's energy transition journey.' Adani Total Gas is one of India's leading private players in developing city gas distribution (CGD) networks to supply piped natural gas (PNG) to industrial, commercial, domestic (residential) customers and compressed natural gas (CNG) to the transport sector.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Adani Total Gas consolidated net profit rises 14.39% in the June 2024 quarter

Net profit of Adani Total Gas rose 14.39% to Rs 171.84 crore in the quarter ended June 2024 as against Rs 150.22 crore during the previous quarter ended June 2023. Sales rose 8.47% to Rs 1145.49 crore in the quarter ended June 2024 as against Rs 1056.06 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1145.491056.06 8 OPM %25.7423.46 - PBDT277.45234.07 19 PBT231.73201.32 15 NP171.84150.22 14 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Board of Adani Total Gas approves appointment of nominee director

The Board of Adani Total Gas at its meeting held on 29 July 2024 has approved appointed Thibault Lesueur (DIN: 10658488) as an Additional Director (Non-Executive, Non-Independent) of the Company as Nominee of TotalEnergies Group.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Adani Total Gas to announce Quarterly Result

Adani Total Gas will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Adani Gas down 74% in 6 months, Serum Institute most valued unlisted firm

1 year agoBusiness Standard