Subscribe

Adani Total Gas Limited (ATGL.NS)

INR721.60 +0.65 (+0.09%)
IN NSE Utilities Regulated Gas
Address Adani Corporate House 382421
Ahmedabad, GJ, IN
CEO Suresh Manglani
IPO 2018-11-05
ISIN INE399L01023

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ATGL.BO (INR) National Stock Exchange of India · ATGL.NS (INR)
Description

Adani Total Gas Limited engages in the city gas distribution (CGD) business in India. The company supplies piped natural gas and compressed natural gas to the domestic, commercial, industrial, and transportation sectors. It also provides biogas, biofuel, biomass, LCNG, HCNG, EV, and hydrogen. In addition, the company manufactures various equipment; and offers value-added services related to the CGD business. The company was formerly known as Adani Gas Limited and changed its name to Adani Total Gas Limited in January 2021. Adani Total Gas Limited was founded in 2004 and is based in Ahmedabad, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR721.60 +0.65 (+0.09%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
7M
Beta
0.69
Float Shares
222.51M
Free Float %
20.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.72% -2.48% +23.20% +19.90% +22.71% +28.55% +8.29% +8.70% -52.84% +863.62% +863.62%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
721.60
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
10.93
Safe zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    +17.9% Q1'26: +16.1% (vs Q1'25)
  • EPS growth Regulated Gas: +13.8%
    +0.2% Q1'26: +8.5% (vs Q1'25)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +13.0% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Regulated Gas: +12.9%
    +17.2% Q1'26: +13.9% (vs Q1'25)
  • ROIC Regulated Gas: +4.7%
    +11.9% Q1'26: +10.2% (vs Q1'25)
  • Share dilution Regulated Gas: 0.0%
    +0.0% Q1'26: +0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    1.80× Q1'26: 1.95× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.69) × ERP
WACC = 97% × Ke + 3% × Kd (5.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 721.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
16.96B
est: 21.50B (-21.1%)
30.38B
est: 30.45B (-0.2%)
43.78B
est: 33.84B (+29.4%)
44.75B
est: 45.77B (-2.2%)
50.00B
est: 57.43B (-12.9%)
64.96B
64.96B – 64.96B
+13.1% YoY
95.01B
95.01B – 95.01B
+46.3% YoY
151.37B
151.37B – 151.37B
+59.3% YoY
188.72B
188.72B – 188.72B
+24.7% YoY
EBITDA
6.96B
est: 5.70B (+22.2%)
7.64B
est: 8.07B (-5.3%)
8.61B
est: 8.97B (-4.0%)
10.84B
est: 12.13B (-10.6%)
11.20B
est: 12.83B (-12.7%)
14.51B
14.51B – 14.51B
+13.1% YoY
21.23B
21.23B – 21.23B
+46.3% YoY
33.82B
33.82B – 33.82B
+59.3% YoY
42.17B
42.17B – 42.17B
+24.7% YoY
EBIT
6.42B
est: 5.06B (+26.8%)
6.91B
est: 7.17B (-3.6%)
7.57B
est: 7.97B (-5.0%)
9.46B
est: 10.77B (-12.2%)
9.34B
est: 11.03B (-15.3%)
12.47B
12.47B – 12.47B
+13.1% YoY
18.24B
18.24B – 18.24B
+46.3% YoY
29.06B
29.06B – 29.06B
+59.3% YoY
36.23B
36.23B – 36.23B
+24.7% YoY
Net Income
4.63B
est: 4.75B (-2.6%)
5.09B
est: 6.49B (-21.5%)
5.46B
est: 7.92B (-31.0%)
6.68B
est: 7.15B (-6.6%)
6.54B
est: 9.90B (-33.9%)
15.73B
15.73B – 15.73B
+58.9% YoY
22.66B
22.66B – 22.66B
+44.1% YoY
30.81B
30.81B – 30.81B
+35.9% YoY
40.05B
40.05B – 40.05B
+30.0% YoY
SGA
594.50M
est: 452.09M (+31.5%)
749.20M
est: 640.23M (+17.0%)
653.40M
est: 711.42M (-8.2%)
793.10M
est: 962.30M (-17.6%)
638.10M
est: 2.00B (-68.2%)
2.27B
2.27B – 2.27B
+13.1% YoY
3.32B
3.32B – 3.32B
+46.3% YoY
5.28B
5.28B – 5.28B
+59.3% YoY
6.59B
6.59B – 6.59B
+24.7% YoY
EPS
4.21
est: 4.32 (-2.5%)
4.63
est: 5.90 (-21.5%)
4.97
est: 7.20 (-31.0%)
6.07
est: 6.50 (-6.6%)
5.95
est: 9.00 (-33.9%)
14.30
14.30 – 14.30
+58.9% YoY
20.60
20.60 – 20.60
+44.1% YoY
28.00
28.00 – 28.00
+35.9% YoY
36.40
36.40 – 36.40
+30.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-11 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-10 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-09 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-08 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-05 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-04 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-03 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-02 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-06-01 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-29 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-27 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-26 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-25 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-22 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-21 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-20 B 3/5 1/5 4/5 5/5 4/5 1/5 1/5
2026-05-19 B 3/5 1/5 5/5 5/5 4/5 1/5 1/5
2026-05-18 B 3/5 1/5 5/5 5/5 4/5 1/5 1/5
2026-05-15 B 3/5 1/5 5/5 5/5 4/5 1/5 1/5
2026-05-14 B 3/5 1/5 5/5 5/5 4/5 1/5 1/5
2026-05-13 B 3/5 1/5 5/5 5/5 4/5 1/5 1/5
2026-05-12 B 3/5 1/5 5/5 5/5 4/5 1/5 1/5
2026-05-11 B 3/5 1/5 5/5 5/5 3/5 1/5 1/5
2026-05-08 B 3/5 1/5 5/5 5/5 3/5 1/5 1/5
2026-05-07 B 3/5 1/5 5/5 5/5 3/5 1/5 1/5
2026-05-06 B 3/5 1/5 5/5 5/5 3/5 1/5 1/5
2026-05-05 B 3/5 1/5 5/5 5/5 3/5 1/5 1/5
2026-05-04 B 3/5 1/5 5/5 5/5 3/5 1/5 1/5
2026-04-30 B- 3/5 1/5 4/5 5/5 3/5 1/5 1/5
2026-04-29 B- 2/5 1/5 4/5 5/5 2/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
5.87B
OE per share TTM
5.35
Owner's Yield
0.73%
Maintenance CapEx ratio
142.47%
Maint CapEx / Avg PPE
101.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
13.77M
Shares Outstanding
1.10B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Suresh Manglani Executive Director 93M male
Sanjay Pandita Chief Executive Officer 29M male
Anil Ramsahay Agrawal Company Secretary & Compliance Officer 3M male
Preyash Jhaveri Interim CFO & Financial Controller 3M male
Ravindra Desai Head of Gas Sourcing & Business Development male
Pranab Kumar Ghosh Chief Sustainability Officer male
Anirban Kapat Associate GM & Head of HR male
Peeyush Tripathi Joint President & National CGD Head male
Adish Vakharia Deputy Manager of Investor Relations & Corporate Finance male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits