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Adani Total Gas

₹611.2 -6.4 | 1%

Market Cap ₹67220 Cr.

Stock P/E 102.7

P/B 14.9

Current Price ₹611.2

Book Value ₹ 41

Face Value 1

52W High ₹862.2

Dividend Yield 0.04%

52W Low ₹ 533

Adani Total Gas Research see more...

Overview Inc. Year: 2005Industry: Gas Transmission/Marketing

Adani Total Gas Ltd. distributes PNG to industrial, commercial, and residential customers. The company additionally distributes compressed natural gasoline to the transportation sector. It has gas distribution networks in various cities like Gujarat, Haryana, Karnataka, Tamil Nadu, Rajasthan, Madhya Pradesh, Uttar Pradesh, Chattisgarh, and Odisha. As of March 31, 2021, the business enterprise had 217 CNG filling stations. The organization initially known as Adani Gas Limited and changed its name to Adani Total Gas Ltd in January 2021. Adani Total Gas Ltd was founded in 2004 and is based in Ahmedabad, India.

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Adani Total Gas Share Price

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Adani Total Gas Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1135 1179 1244 1258 1239 1318 1401 1453 1498 1576
Other Income 7 9 12 15 9 7 7 8 8 9
Total Income 1143 1188 1256 1273 1248 1325 1408 1462 1506 1585
Total Expenditure 888 899 956 970 943 1013 1136 1187 1205 1281
Operating Profit 255 289 300 303 305 312 272 274 301 304
Interest 24 27 31 29 26 23 27 24 28 26
Depreciation 33 38 39 49 46 51 53 53 56 62
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 199 224 230 225 233 238 191 197 218 216
Provision for Tax 51 57 59 61 60 62 50 49 57 55
Profit After Tax 148 167 171 164 173 176 141 148 161 161
Adjustments 3 6 5 4 -2 9 1 6 4 3
Profit After Adjustments 150 173 177 168 172 186 142 155 165 163
Adjusted Earnings Per Share 1.4 1.6 1.6 1.5 1.6 1.7 1.3 1.4 1.5 1.5

Adani Total Gas Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1374 1719 1875 1696 3038 4378 4475 5000 5928
Other Income 80 87 45 45 42 37 44 31 32
Total Income 1454 1806 1919 1740 3079 4415 4519 5031 5961
Total Expenditure 1009 1264 1280 992 2265 3508 3371 3867 4809
Operating Profit 445 541 639 749 815 907 1148 1164 1151
Interest 125 90 41 40 53 78 111 101 105
Depreciation 61 67 51 63 83 113 158 204 224
Exceptional Income / Expenses 0 -28 0 -14 0 0 0 0 0
Profit Before Tax 259 357 547 631 684 733 896 875 822
Provision for Tax 94 128 111 159 174 186 229 220 211
Profit After Tax 165 229 436 472 509 546 668 654 611
Adjustments -3 -0 0 -9 0 0 0 0 14
Profit After Adjustments 162 229 436 463 509 546 668 654 625
Adjusted Earnings Per Share 0.6 2.1 4 4.2 4.6 5 6.1 6 5.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 12% 18% 22% 0%
Operating Profit CAGR 1% 13% 13% 0%
PAT CAGR -2% 9% 8% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -16% -46% 21% NA%
ROE Average 17% 19% 22% 23%
ROCE Average 18% 20% 23% 24%

Adani Total Gas Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 869 1102 1471 1934 2416 2941 3580 4207
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 1234 346 298 308 352 268 883 1540
Other Non-Current Liabilities 334 109 117 154 182 243 318 379
Total Current Liabilities 364 492 591 808 1464 2193 1811 1538
Total Liabilities 2803 2048 2476 3204 4415 5645 6592 7665
Fixed Assets 897 980 1198 1379 1733 2335 3174 3651
Other Non-Current Assets 1255 394 720 1601 2321 2453 2386 2893
Total Current Assets 651 674 558 223 362 858 1032 1121
Total Assets 2803 2048 2476 3204 4415 5645 6592 7665

Adani Total Gas Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 21 89 159 89 10 31 12 137
Cash Flow from Operating Activities 277 356 492 654 732 853 955 964
Cash Flow from Investing Activities -988 791 -461 -771 -1133 -1167 -752 -933
Cash Flow from Financing Activities 779 -1077 -102 39 422 295 -78 56
Net Cash Inflow / Outflow 68 70 -71 -78 21 -19 125 87
Closing Cash & Cash Equivalent 89 159 89 10 31 12 137 224

Adani Total Gas Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.63 2.08 3.97 4.21 4.63 4.97 6.07 5.95
CEPS(Rs) 0.88 2.69 4.43 4.86 5.38 6 7.5 7.8
DPS(Rs) 0 0.25 0.25 0.25 0.25 0.25 0.25 0.25
Book NAV/Share(Rs) 3.96 10.02 13.37 17.58 21.97 26.74 32.55 38.25
Core EBITDA Margin(%) 25.03 24.93 29.85 39.45 24.11 18.57 22.92 20.94
EBIT Margin(%) 26.36 24.48 29.56 37.64 22.97 17.32 20.92 18.03
Pre Tax Margin(%) 17.77 19.55 27.5 35.37 21.33 15.64 18.61 16.17
PAT Margin (%) 11.29 12.54 21.91 26.45 15.89 11.67 13.86 12.09
Cash Profit Margin (%) 15.48 16.23 24.46 29.95 18.47 14.08 17.14 15.85
ROA(%) 5.87 9.43 19.28 16.62 13.37 10.86 10.91 9.18
ROE(%) 16.2 21.6 33.91 27.72 23.42 20.4 20.47 16.81
ROCE(%) 17.36 24.06 34.92 31.27 25.25 21 21.52 17.73
Receivable days 35.35 22.41 13.2 16.86 16.52 19.57 27.49 28.12
Inventory Days 10.56 8.62 7.82 9.54 7.33 6.54 7.2 7.24
Payable days 57.34 40.25 32.1 46.98 26.58 27.93 40.83 35.91
PER(x) 0 61.96 21.78 228.42 463.91 174.52 152.48 101.12
Price/Book(x) 0 12.86 6.46 54.67 97.81 32.43 28.43 15.73
Dividend Yield(%) 0 0.19 0.29 0.03 0.01 0.03 0.03 0.04
EV/Net Sales(x) 1.15 8.38 5.24 62.63 78.11 22.01 22.97 13.49
EV/Core EBITDA(x) 3.54 26.61 15.36 141.84 291.32 106.29 89.56 57.93
Net Sales Growth(%) 0 25.14 9.05 -9.55 79.16 44.12 2.21 11.74
EBIT Growth(%) 0 16.15 31.83 14.15 9.65 10.11 24.27 -3.17
PAT Growth(%) 0 38.97 90.74 8.19 7.94 7.28 22.14 -1.96
EPS Growth(%) 0 229.61 90.78 6.07 10.07 7.28 22.14 -1.96
Debt/Equity(x) 1.32 0.36 0.27 0.25 0.41 0.47 0.41 0.42
Current Ratio(x) 1.79 1.37 0.94 0.28 0.25 0.39 0.57 0.73
Quick Ratio(x) 1.67 1.28 0.87 0.21 0.19 0.35 0.52 0.65
Interest Cover(x) 3.07 4.97 14.33 16.59 13.97 10.34 9.04 9.66
Total Debt/Mcap(x) 0 0.03 0.04 0 0 0.01 0.01 0.03

Adani Total Gas Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 74.8 74.8 74.8 74.8 74.8 74.8 74.8 74.8 74.8 74.8
FII 14.08 13.94 13.06 13.14 12.96 13.07 13.06 13.22 13.01 12.88
DII 6.15 6.15 6.14 6.12 6.15 6.13 6.27 6.23 6.31 6.24
Public 4.97 5.11 6 5.94 6.09 6 5.86 5.75 5.88 6.08
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 40.83 to 35.91days.
  • Company is almost debt free.

Cons

  • Stock is trading at 14.9 times its book value.
  • The company has delivered a poor profit growth of 8% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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