based on 32 analysts
46.88%
Buy
31.25%
Hold
21.88%
Sell
Based on 32 analysts offering long term price targets for Indraprastha Gas Ltd. An average target of ₹490.78
Source: S&P Global Market Intelligence
Indraprastha Gas Ltd price forecast by 32 analysts
Upside of10.95%
High
₹648
Target
₹490.78
Low
₹355
Indraprastha Gas Ltd target price ₹490.78, a slight upside of 10.95% compared to current price of ₹442.35. According to 32 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Indraprastha Gas Ltd revenue growth forecast
Expected growth rate Q1, FY2026:15.44%
Forecast
Actual
Including amortisation and stock based compensations
Indraprastha Gas Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -16.93 % |
3 Month Return | -17.69 % |
1 Year Return | + 11.97 % |
Market Stats | |
Previous Close | ₹436.80 |
Open | ₹436.95 |
Volume | 34.34L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹30,576.03Cr |
P/E Ratio | 16.78 |
PEG Ratio | 30.51 |
Market Cap | ₹30,576.03 Cr |
P/B Ratio | 3.53 |
EPS | 28.33 |
Dividend Yield | 2.09 |
Sector | Gas Distribution |
ROE | 22.36 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
HOLD | ₹30,576.03 Cr | 0.73% | 0.51 | ₹1,983 Cr | ₹14,000 Cr | |
HOLD | ₹37,228.14 Cr | 32.62% | 0.52 | ₹1,143 Cr | ₹15,690 Cr | |
HOLD | ₹22,026.81 Cr | 15.42% | 0.51 | ₹2,183 Cr | ₹17,294 Cr | |
HOLD | ₹52,005.00 Cr | 3.24% | 0.59 | ₹3,527 Cr | ₹52,729 Cr | |
HOLD | ₹1,38,359.82 Cr | 26.99% | 0.64 | ₹9,902 Cr | ₹1,33,228 Cr |
Organisation | Indraprastha Gas Ltd |
Headquarters | |
Industry | Gas Distribution |
E-voting on shares | Click here to vote |
Key events for Indraprastha Gas Ltd
Indraprastha Gas Limited (IGL) has declared a 275% interim dividend of Rs 5.50 per share for FY 2024-25, with a record date of November 12, 2024. The company's PAT grew by 21% quarter-on-quarter, reflecting positive financial performance.
Indraprastha Gas Sees Surge in CNG Registrations - 06 Nov, 2024
Indraprastha Gas Limited's shares rose nearly 4% as CNG vehicle registrations surged 69% m/m and 45% y/y in October 2024, indicating strong consumer interest and potential revenue growth. The Citi report forecasts a 9-10% expansion in the CNG vehicle base for IGL and MGL in FY25, supporting their growth outlook.
Citi Maintains Buy Call on Indraprastha Gas - 05 Nov, 2024
Citi has reaffirmed its buy rating on Indraprastha Gas Limited, setting a target price of Rs 525 per share, reflecting a 27% upside. The brokerage highlights a strong 9% year-over-year volume growth in Q2, indicating a rebound from previous quarters. They foresee a 7-8% CAGR in volumes over the next three years and have placed IGL on a 90-day positive catalyst watch.
Indraprastha Gas Faces Profitability Challenges - 04 Nov, 2024
Indraprastha Gas and Mahanagar Gas report a 20% reduction in APM gas allocation for CNG sales, potentially increasing gas costs and leading to a decline in fiscal 2026 Ebitda. Management suggests a possible CNG price hike in Delhi to maintain margins, though timing remains uncertain.
Indraprastha Gas Upgraded to HOLD with Target Price - 30 Oct, 2024
Indraprastha Gas reported lower-than-expected Q2 results but showed strong volume growth. The stock rating is upgraded from SELL to HOLD with a target price of Rs 402.
Indraprastha Gas Reports Q2 Results and Dividend - 29 Oct, 2024
Indraprastha Gas Limited reported a 9% sales growth in Q2 FY25, with a net profit decline of 18%. The company declared an interim dividend of Rs 5.50 per share. Despite the profit drop, shares rallied due to revenue growth and positive analyst ratings, including Morgan Stanley's target price of Rs 575, indicating strong future potential.
Indraprastha Gas Reports Declining Profits in Q2 FY25 - 28 Oct, 2024
Indraprastha Gas reported a net profit of ₹454 crore in Q2 FY25, an 18% decline YoY. The subsequent report showed a 19.41% drop to ₹431 crore, missing estimates. An interim dividend of ₹5.50 per share was declared despite the profit decline.
Negative Outlook for Indraprastha Gas Amid Competition - 25 Oct, 2024
The potential declaration of gas networks as common carriers poses a negative outlook for Indraprastha Gas Ltd. Increased competition could lead to reduced profits for the company and others in the sector.
Indraprastha Gas Faces Major Gas Allocation Cut - 20 Oct, 2024
Indraprastha Gas Ltd announced a significant 21% reduction in domestic gas allocation, effective October 16, 2024, which is expected to adversely affect profitability. The company is in discussions to mitigate the impact.
Indraprastha Gas Shares Plunge After Gas Allocation Cut - 18 Oct, 2024
Indraprastha Gas Ltd shares fell significantly due to a 20% reduction in domestic gas allocation for CNG, impacting profitability. The stock tumbled up to 15% amid concerns over increased reliance on costly imported gas.
IGL Faces Profitability Hit from Gas Allocation Cut - 17 Oct, 2024
Indraprastha Gas Ltd (IGL) reported a 21% reduction in domestic gas allocation, effective October 16, 2024, which is anticipated to adversely affect profitability. The company is in discussions to mitigate the impact.
Indraprastha Gas Q2 PAT Expected to Decline - 10 Oct, 2024
Indraprastha Gas is projected to see a 17.5% year-on-year dip in Q2 PAT to Rs. 440 crore, with net sales expected to decrease by 1.3% YoY to Rs. 3,410 crore. EBITDA is also anticipated to fall by 7.9% YoY to Rs. 610 crore.
Citi Reiterates Buy Rating for Indraprastha Gas - 09 Oct, 2024
Citi has reiterated its Buy rating on Indraprastha Gas Ltd (IGL) with a target price of ₹620, highlighting positive volume growth prospects and CNG vehicle adoption incentives. The stock has shown resilience, gaining over 11% in six months despite recent fluctuations.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 2 quarters, 3.67K Cr → 3.87K Cr (in ₹), with an average increase of 5.1% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 16.16% to 19.29% in Sep 2024 quarter
Against Peers
In the last 3 years, GAIL India Ltd has given 103.3% return, outperforming this stock by 113.8%
Against Peers
In the last 1 year, GAIL India Ltd has given 64.5% return, outperforming this stock by 52.5%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 45.00% of holdings in Sep 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 11.92% to 10.41% in Sep 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 8.74% to 7.52% in Sep 2024 quarter
Price Dip
In the last 1 month, IGL stock has moved down by -16.9%
Profit Down
Netprofit is down for the last 2 quarters, 481.2 Cr → 454.88 Cr (in ₹), with an average decrease of 5.5% per quarter
News
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 45% | 0.00 | |
Foreign Institutions | 19.29% | 19.37 | |
Mutual Funds | 10.41% | ||
Retail Investors | 7.52% | ||
Others | 17.78% |
Indraprastha Gas Ltd in the last 5 years
Lowest (14.18x)
July 28, 2022
Today (16.78x)
November 8, 2024
Industry (20.32x)
November 8, 2024
Highest (36.62x)
February 11, 2021
Indraprastha Gas Ltd’s net profit fell -17.69% since last year same period to ₹454.88Cr in the Q2 2024-2025. On a quarterly growth basis, Indraprastha Gas Ltd has generated -5.47% fall in its net profits since last 3-months.
Read More about Earnings ResultsIn the quarter ending March 2024, Indraprastha Gas Ltd has declared dividend of ₹5 - translating a dividend yield of 2.03%.
Read More about DividendsBearish
Neutral
Bullish
Indraprastha Gas Ltd is currently in a Bearish trading position according to technical analysis indicators.
Indraprastha Gas Ltd (IGL) share price today is ₹442.35
Indraprastha Gas Ltd is listed on NSE
Indraprastha Gas Ltd is listed on BSE
PE Ratio of Indraprastha Gas Ltd is 16.78
PE ratio = Indraprastha Gas Ltd Market price per share / Indraprastha Gas Ltd Earnings per share
Today’s traded volume of Indraprastha Gas Ltd(IGL) is 34.34L.
Today’s market capitalisation of Indraprastha Gas Ltd(IGL) is ₹30576.03Cr.
Indraprastha Gas Ltd(IGL | Price |
---|---|
52 Week High | ₹570.35 |
52 Week Low | ₹382.65 |
Indraprastha Gas Ltd(IGL) share price is ₹442.35. It is down -22.44% from its 52 Week High price of ₹570.35
Indraprastha Gas Ltd(IGL) share price is ₹442.35. It is up 15.60% from its 52 Week Low price of ₹382.65
Indraprastha Gas Ltd(IGL | Returns |
---|---|
1 Day Returns | 5.55% |
1 Month Returns | -16.93% |
3 Month Returns | -17.69% |
1 Year Returns | 11.97% |