| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 5,043 | 4,327 | +16.6% |
| EBITDA | 294 | 511 | −42.4% |
| EBITDA margin | 5.8% | 11.8% | −6.0 pts |
| Profit before tax | 255 | 473 | −46.1% |
| Net profit | 238 | 428 | −44.4% |
| EPS | ₹1.72 | ₹3.06 | −43.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 19,692 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,553 | 1,553 | 1,474 | 1,100 | 525 | ||
| 20.6 | 20.6 | 26.7 | 16.5 | — | ||
| 26.6 | 26.6 | 7.5 | 0.0 | 0.0 | ||
| 18,187 | — | — | — | — | ||
| 18,563 | 17,846 | 16,467 | 15,457 | 15,603 | ||
| — | +8.4% | +6.5% | −0.9% | — | ||
| 1,627 | 1,844 | 1,973 | 2,364 | 2,040 | ||
| 8.8% | 10.3% | 12.0% | 15.3% | 13.1% | ||
| 1,096 | 1,326 | 1,497 | 1,950 | 1,676 | ||
| 1,354 | 1,544 | 1,713 | 1,983 | 1,640 | ||
| 7.3% | 8.7% | 10.4% | 12.8% | 10.5% | ||
| ₹9.67 | ₹11.07 | ₹12.27 | ₹14.18 | ₹11.71 | ||
| — | −9.8% | −13.5% | +21.1% | — | ||
| — | 1,936 | 2,199 | 1,532 | 2,292 | ||
| — | −1,347 | −1,164 | −1,229 | −1,122 | ||
| 588 | 588 | 1,035 | 303 | 1,170 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 19,692.4 | |
| - Cash, Equiv & ST Investments | 524.7 | 1,099.7 | 1,473.7 | 1,553.0 | 1,553.0 | |
| + Minority Interest | — | 16.5 | 26.7 | 20.6 | 20.6 | |
| + Total Debt | 0.0 | 0.0 | 7.5 | 26.6 | 26.6 | |
| Enterprise Value | — | — | — | — | 18,186.6 | |
| Revenue | 15,603.0 | 15,456.5 | 16,466.7 | 17,846.3 | 18,563.0 | |
| Growth %, YoY | — | -0.9 | +6.5 | +8.4 | — | |
| EBITDA | 2,039.8 | 2,363.7 | 1,973.3 | 1,843.6 | 1,626.9 | |
| Margin % | 13.07 | 15.29 | 11.98 | 10.33 | 8.76 | |
| EBIT | 1,676.4 | 1,949.7 | 1,497.4 | 1,325.9 | 1,096.2 | |
| Net Income | 1,639.7 | 1,983.4 | 1,713.0 | 1,543.5 | 1,353.6 | |
| Margin % | 10.51 | 12.83 | 10.40 | 8.65 | 7.29 | |
| EPS, Adj (current shares) | 11.71 | 14.18 | 12.27 | 11.07 | 9.67 | |
| Growth %, YoY | — | +21.1 | -13.5 | -9.8 | — | |
| Cash from Operations | 2,291.9 | 1,531.8 | 2,198.8 | 1,935.6 | — | |
| Capital Expenditures | -1,122.1 | -1,229.1 | -1,164.2 | -1,347.3 | — | |
| Free Cash Flow | 1,169.9 | 302.7 | 1,034.6 | 588.3 | 588.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Indraprastha Gas (NSE: IGL) had a market capitalisation of ₹19,830 crore at the 29 October 2026 close (₹141.64 a share), a PE ratio of 14.6 on the last four quarters' profit and a price-to-book ratio of 1.72. In FY26 its consolidated net profit attributable to shareholders was ₹1,550 crore on revenue of ₹17,846 crore; in Q1 FY27 (April–June 2026) it was ₹239 crore, down 44.2% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 45.00% of the shares on 30 September 2026.
IGL's PE ratio is 14.6 at the 29 October 2026 close (₹141.64 a share): a market capitalisation of ₹19,830 crore divided by consolidated net profit attributable to shareholders of ₹1,358 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹1,550 crore) it is 12.8.
IGL's price-to-book (PB) ratio is 1.72 at the 29 October 2026 close: a market capitalisation of ₹19,830 crore divided by shareholders' equity (book value) of ₹11,504 crore on 31 March 2026. That is a book value of ₹82.17 per share against a share price of ₹141.64.
IGL's net worth — shareholders' equity in its consolidated balance sheet — was ₹11,504 crore on 31 March 2026, up 8.4% from ₹10,616 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹19,830 crore at the 29 October 2026 close.
IGL's market capitalisation was ₹19,830 crore at the 29 October 2026 close: 140 crore shares at ₹141.64 each.
IGL's debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹26.6 crore against total equity of ₹11,525 crore. A year earlier, on 31 March 2025, it was 0.00.
IGL's basic earnings per share (EPS) were ₹11.07 in FY26, against ₹12.27 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹9.72.
No. IGL had borrowings of ₹26.6 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹4,310 crore, so it held net cash of ₹4,283 crore.
IGL's book value per share was ₹82.17 on 31 March 2026: shareholders' equity of ₹11,504 crore divided by the 140 crore shares in issue, up 8.4% from ₹75.83 a year earlier. The share price at the 29 October 2026 close was ₹141.64.
In FY26, IGL generated ₹1,936 crore of cash from operations and spent ₹1,347 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹588 crore. In FY25 it was ₹1,035 crore.
In FY26, IGL's return on equity (ROE) was 14.0% and its return on capital employed (ROCE) was 11.3%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 17.0% and ROCE 14.0%.
IGL's dividend yield is 3.35% at the 29 October 2026 close: dividends of ₹4.75 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹141.64. They were ₹1.50 on 1 October 2026 and ₹3.25 on 18 February 2026 (interim).
On 30 September 2026, IGL's shares were held by promoters 45.00%, foreign portfolio investors (FII/FPI) 9.73%, domestic institutions (DII) 30.08% (including mutual funds at 16.94%) and retail and other non-institutional investors 10.19%. Over the year, FII holding was down 7.48 percentage points from 17.21% and DII holding was up 6.00 percentage points from 24.08%.
In 2026, IGL has declared two dividends totalling ₹4.75 a share: ₹3.25 (interim) with record date 19 February 2026 and ex-date 18 February 2026 and ₹1.50 with record date 1 October 2026.
IGL's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit attributable to shareholders ₹239 crore, down 44.2% from ₹429 crore in Q1 FY26; revenue from operations ₹5,043 crore, up 16.6% year on year.
In FY26 (April 2025–March 2026), IGL's consolidated net profit attributable to shareholders was ₹1,550 crore, down 9.8% from ₹1,718 crore in FY25, on revenue from operations of ₹17,846 crore (up 8.4%). Over three years, from FY23, net profit was down 5.5%.
Promoters held 45.00% of IGL on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
IGL will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, IGL's PE ratio is 12.8, the second highest of the three: Mahanagar Gas 12.4 and Aegis Logistics 46.1, a peer average of 29.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Mahanagar Gas and Aegis Logistics: IGL's operating margin of 7.4% is the lowest of the three (Mahanagar Gas 11.5%, Aegis Logistics 15.0%; peer average 13.3%); its return on equity of 14.0% is the second highest of the three (Mahanagar Gas 13.7%, Aegis Logistics 16.8%; peer average 15.2%); its revenue growth over three years of 4.6% a year is the second highest of the three (Mahanagar Gas 8.8% a year, Aegis Logistics −1.2% a year; peer average 3.8% a year).
In FY26, IGL earned net profit attributable to shareholders of ₹1,550 crore on revenue of ₹17,846 crore, against ₹841 crore on ₹9,065 crore for Mahanagar Gas. IGL's operating margin was 7.4% (Mahanagar Gas 11.5%) and its return on equity 14.0% (Mahanagar Gas 13.7%). At the 29 October 2026 close, IGL's market capitalisation was ₹19,830 crore against ₹10,402 crore for Mahanagar Gas, and its PE ratio on FY26 profit 12.8 against 12.4.
From Indraprastha Gas' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.