Indraprastha Gas share price
NSE: IGLBSE: 532514GasSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹140.66.
29 Oct: open ₹140.66, high ₹142.00, low ₹139.52
- Next results date: the board meets on 30 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹19,830 Cr317th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 14.60
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.72
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.35%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 9.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 10,32,34350.8% delivered
About Indraprastha Gas
Indraprastha Gas Limited is a city gas distribution company that supplies compressed natural gas (CNG) to vehicles and piped natural gas (PNG) to homes, commercial establishments and industries.1 It operates in the National Capital Territory of Delhi and in districts of Uttar Pradesh, Haryana and Rajasthan, among them Noida, Ghaziabad, Gurugram, Kanpur, Karnal and Ajmer.23
Besides CNG and PNG, it is developing liquefied natural gas (LNG) infrastructure for long-haul transport.4 Its network covers 12 geographical areas, the zones the regulator licenses for city gas, across 32 districts.5
It was incorporated in 1998 as a joint venture of GAIL (India) Limited and Bharat Petroleum Corporation Limited (BPCL), its promoters, which each held 22.50% of its shares at March 2026.67 GAIL nominates its managing director and BPCL its director (commercial), and the promoters appoint its chairman by rotation.8 It holds 50% each of Central U.P. Gas Limited, which supplies city gas in Kanpur, Bareilly, Jhansi and Unnao, and of Maharashtra Natural Gas Limited, which serves Pune, Nasik and other areas of Maharashtra and Ramanagara in Karnataka.9 It also owns 51% of IGL Genesis Technologies Limited, a meter manufacturing venture formed with Genesis Gas Solutions.1011
Indraprastha Gas key points
Results
- Consolidated sale of natural gas (including excise duty) was ₹17,785.96 crore in the year to Mar 2026, and consolidated profit after tax ₹1,543.51 crore, against ₹1,713.01 crore a year earlier.1213
- On its earnings call of 14 Aug 2026, the company reported a record quarterly turnover of ₹5,028 crore for the quarter to Jun 2026, EBITDA (earnings before interest, tax, depreciation and amortisation) of ₹296 crore and profit after tax of ₹186 crore.1415
- Average gas sales were 9.66 million standard cubic metres a day (MMSCMD) in the quarter to Jun 2026, against 9.13 a year earlier, and a record 9.39 MMSCMD in the year to Mar 2026.1617
Sales mix
- Share of gas sales volume by customer type18
Item year to Mar 2026 CNG for vehicles 73.91% Industrial PNG 9.80% Domestic PNG 8.15% Sales to other city gas companies 5.32% Commercial PNG 2.82% - Approximate share of CNG sales by vehicle type, as stated on the earnings call of 14 Aug 202619
Passenger cars 48% to 50% Commercial vehicles 19% Taxis 14% Buses 12% Auto-rickshaws 7% to 8%
Where revenue comes from
- In the quarter to Jun 2026, IGL's CNG sales grew 6% overall and 11% excluding Delhi Transport Corporation (DTC) buses: around 9% in Delhi and 27% in newer areas. DTC buses' use fell to almost zero from 1.5 lakh kg a day a year earlier.20
Branches and reach
- IGL had 1,024 CNG stations at the end of March 2026, after adding 70 during the year, serving around 23 lakh CNG vehicles.2122
- On its earnings call of 14 Aug 2026, the company said it had around 35 lakh domestic PNG connections and about 13,600 industrial and commercial connections.23
- In the quarter to Jun 2026, IGL's steel pipeline network grew by about 25 km and its MDPE (polyethylene distribution pipe) network by almost 500 km.24
- IGL runs liquefied natural gas (LNG) stations at Ajmer and Dadri, and is building 2 more, at Rewari and Greater Noida.25
Expansion and capital spending
- Capital spending was ₹1,120 crore in the year to Mar 2026 and ₹327 crore in the quarter to Jun 2026.2226
- On its earnings call of 14 Aug 2026, the company said its capital spending aim is roughly ₹1,800 crore to ₹2,000 crore: ₹1,200 crore to ₹1,300 crore, or at most ₹1,500 crore, on the core gas business and ₹500 crore to ₹600 crore for diversification.27
- IGL's meter joint venture has begun commercial production, at a plant meant to produce 1 million meters per shift a year.2829
Clean energy projects
- The company stated in its annual report for the year to Mar 2026 that it plans a 500 MWp (megawatts peak) solar plant in a joint venture with Rajasthan Vidyut Utpadan Nigam, and targets 2 GWp of renewable capacity.30
- IGL has commissioned its own compressed biogas (CBG) plants at Narela, Delhi, for 100 tonnes of municipal waste a day, and at Kaithal, with a processing capacity of 250 tonnes a day of spent wash and pressmud (distillery and sugar-mill waste).3029
- On 19 Dec 2025, IGL signed a joint venture agreement with Hindustan Waste Treatment for compressed biogas projects, each partner to hold 50%.3132
- On 25 Nov 2025, IGL signed a joint venture agreement with CEID Consultants & Engineering for compressed biogas projects, each partner to hold 50%.3334
What the company expects
- On its earnings call of 14 Aug 2026, the company said its long-term guidance remains EBITDA of around ₹7 per standard cubic metre of gas, while near-term margins are hard to predict given the geopolitical situation.35
- On its earnings call of 14 Aug 2026, the company said Delhi's rule allowing only electric auto-rickshaws to be newly registered from 1 Jan 2027 would cut its CNG volumes by less than 1% in 2027.36
- On its earnings call of 14 Aug 2026, the company said the wider Delhi electric vehicle policy, which also covers new commercial vehicle registrations from 1 Jan 2027, would cut its CNG volumes by around 2% to 3% by 2030.37
Litigation and regulatory matters
- The Delhi Development Authority demands ₹330.73 crore, excluding interest, in raised licence fees to March 2016 on land leased to IGL for CNG stations; as of its annual report of 2 Sep 2026, IGL considered it not tenable and made no provision.38
- The Delhi High Court disposed of IGL's petition on 11 Mar 2026, sending the parties to AMRCD, a government forum for disputes between public bodies; as of the same report, IGL was preparing its filing there.39
- On its earnings call of 14 Aug 2026, the company said it is still contesting in litigation the authorisation of parts of Gurugram, and has conditionally accepted, and begun serving, the part allotted to it.4041
Last updated
All 41 sources, each with its page
- 1. Annual report, 2 Sep 2026, page 76
- 2. Annual report, 2 Sep 2026, page 126
- 3. Annual report, 2 Sep 2026, page 66
- 4. Annual report, 2 Sep 2026, page 15
- 5. Annual report, 2 Sep 2026, page 16
- 6. Annual report, 2 Sep 2026, page 62
- 7. Annual report, 2 Sep 2026, page 210
- 8. Annual report, 2 Sep 2026, page 32
- 9. Annual report, 2 Sep 2026, page 24
- 10. Annual report, 2 Sep 2026, page 62
- 11. Annual report, 2 Sep 2026, page 25
- 12. Annual report, 2 Sep 2026, page 214
- 13. Annual report, 2 Sep 2026, page 20
- 14. Earnings call, 14 Aug 2026, page 4
- 15. Earnings call, 14 Aug 2026, page 3
- 16. Earnings call, 14 Aug 2026, page 2
- 17. Annual report, 2 Sep 2026, page 16
- 18. Annual report, 2 Sep 2026, page 66
- 19. Earnings call, 14 Aug 2026, page 10
- 20. Earnings call, 14 Aug 2026, page 7
- 21. Annual report, 2 Sep 2026, page 62
- 22. Annual report, 2 Sep 2026, page 16
- 23. Earnings call, 14 Aug 2026, page 3
- 24. Earnings call, 14 Aug 2026, page 4
- 25. Annual report, 2 Sep 2026, page 25
- 26. Earnings call, 14 Aug 2026, page 4
- 27. Earnings call, 14 Aug 2026, page 12
- 28. Annual report, 2 Sep 2026, page 17
- 29. Annual report, 2 Sep 2026, page 93
- 30. Annual report, 2 Sep 2026, page 25
- 31. Exchange filing, 19 Dec 2025, page 1
- 32. Exchange filing, 19 Dec 2025, page 2
- 33. Exchange filing, 25 Nov 2025, page 1
- 34. Exchange filing, 25 Nov 2025, page 2
- 35. Earnings call, 14 Aug 2026, page 5
- 36. Earnings call, 14 Aug 2026, page 8
- 37. Earnings call, 14 Aug 2026, page 8
- 38. Annual report, 2 Sep 2026, page 150
- 39. Annual report, 2 Sep 2026, page 150
- 40. Earnings call, 14 Aug 2026, page 11
- 41. Earnings call, 14 Aug 2026, page 14
Results
Consolidated; ₹ crore.Indraprastha Gas quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +9.8%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −18.5%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5,043 Crup 10.01%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹238 Crdown 29.77%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 4.7%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,088what Revenue, Sep 2024, includes. This period's revenue includes excise duty of ₹391 crore, a tax on the goods the company makes that it collects and pays to the government. | 4,146what Revenue, Dec 2024, includes. This period's revenue includes excise duty of ₹387 crore, a tax on the goods the company makes that it collects and pays to the government. | 4,341what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹390 crore, a tax on the goods the company makes that it collects and pays to the government. | 4,327what Revenue, Jun 2025, includes. This period's revenue includes excise duty of ₹413 crore, a tax on the goods the company makes that it collects and pays to the government. | 4,446what Revenue, Sep 2025, includes. This period's revenue includes excise duty of ₹423 crore, a tax on the goods the company makes that it collects and pays to the government. | 4,489what Revenue, Dec 2025, includes. This period's revenue includes excise duty of ₹422 crore, a tax on the goods the company makes that it collects and pays to the government. | 4,585what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹422 crore, a tax on the goods the company makes that it collects and pays to the government. | 5,043what Revenue, Jun 2026, includes. This period's revenue includes excise duty of ₹457 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 454 | 325 | 453 | 428 | 385 | 392 | 339 | 238 |
| Net margin | 11.1% | 7.8% | 10.4% | 9.9% | 8.7% | 8.7% | 7.4% | 4.7% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹17,846 Crup 8.38%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,544 Crdown 9.89%
- Net margin
- 8.6%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,223 | 5,072 | 6,362what Revenue, Mar 2019, includes. This period's revenue includes excise duty of ₹597 crore, a tax on the goods the company makes that it collects and pays to the government. | 7,165what Revenue, Mar 2020, includes. This period's revenue includes excise duty of ₹680 crore, a tax on the goods the company makes that it collects and pays to the government. | 5,439what Revenue, Mar 2021, includes. This period's revenue includes excise duty of ₹498 crore, a tax on the goods the company makes that it collects and pays to the government. | 8,485what Revenue, Mar 2022, includes. This period's revenue includes excise duty of ₹775 crore, a tax on the goods the company makes that it collects and pays to the government. | 15,603what Revenue, Mar 2023, includes. This period's revenue includes excise duty of ₹1,457 crore, a tax on the goods the company makes that it collects and pays to the government. | 15,457what Revenue, Mar 2024, includes. This period's revenue includes excise duty of ₹1,457 crore, a tax on the goods the company makes that it collects and pays to the government. | 16,467what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹1,539 crore, a tax on the goods the company makes that it collects and pays to the government. | 17,846what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹1,679 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 606 | 722 | 842 | 1,249 | 1,173 | 1,502 | 1,640 | 1,983 | 1,713 | 1,544 |
| Net margin | 14.4% | 14.2% | 13.2% | 17.4% | 21.6% | 17.7% | 10.5% | 12.8% | 10.4% | 8.6% |
Business segments
In the year to Mar 2026 the company reports one business segment, NATURAL GAS, which carries all its revenue.
Valuation
Today, against the company's own history.Indraprastha Gas PE ratio and valuation
At or below today's level on 5% of 2,479 trading days over the last 10 years.
At or below today's level on 0.3% of 1,978 trading days since Nov 2018.
At or below today's level on 92% of 2,475 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −26.1% | −9.8% | −20.5% | 2.2% |
| 3 years | −10.0% | −1.9% | −10.4% | 2.1% |
| 5 years | −8.5% | +5.7% | −15.5% | 2.2% |
Mutual fund holdings
84 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 61 of the 64 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 84 funds holding Indraprastha Gas
- AddedAdded. Funds that held more shares than at the end of the month before.
- 21
- CutCut. Funds that held fewer shares than at the end of the month before.
- 43
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 20
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
| 12,12,86,630 | 1.22% | ₹1,766.1 Cr | |
| 5,11,41,859 | 0.73% | ₹744.7 Cr | |
| 1,11,83,665 | 2.04% | ₹162.8 Cr | |
| 85,28,672 | 0.44% | ₹124.2 Cr | |
| 71,00,000 | 1.63% | ₹103.4 Cr | |
| 68,01,988 | 0.48% | ₹99.0 Cr | |
| 65,02,880 | 0.09% | ₹94.7 Cr | |
| 43,00,000 | 0.61% | ₹62.6 Cr | |
| 31,18,215 | 0.79% | ₹45.4 Cr | |
| 17,66,326 | 0.48% | ₹25.7 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Indraprastha Gas insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 1 pledge filing of unclear kind
Indraprastha Gas competitors and peers
LPG/CNG/PNG/LNG Supplier, 8 listed companies, priced on 29 Oct 2026. The table lists the 7 companies closest to Indraprastha Gas in market cap.Oil and gas companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 60,116 | 93.64 | 11.61 | +24.0% | +2.6% | 13.3% | 12.5% | 0.05% | |
| 43,373 | 10.31 | 1.95 | −24.8% | +13.4% | 20.0% | 21.9% | 3.46% | |
| 19,785 | – | – | +42.0% | – | – | – | 4.22% | |
| 10,401 | 14.54 | 1.62 | +11.3% | −33.1% | 11.6% | 13.5% | 2.85% | |
| 2,246 | 16.72 | 1.58 | +72.5% | – | 9.8% | 11.5% | 0.15% | |
| 1,011 | 13.83 | 1.01 | +12.0% | +80.9% | 7.5% | 9.4% | 0.61% | |
| Axiom Gas EngineeringAXIOMGAS | 124 | – | – | – | – | – | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Indraprastha Gas dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 1 Oct 2026 | Dividend | ₹1.50 |
| 18 Feb 2026 | Interim | ₹3.25 |
| 15 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.50 |
| 12 Nov 2024 | Interim | ₹5.50 |
| 13 Sep 2024 | Final | ₹5.00 |
| 15 Nov 2023 | Interim | ₹4.00 |
Latest announcements
Routine notices left out.Indraprastha Gas announcements
Oct 2026
29 Oct · Analysts
Sep 2026
24 Sep · Meeting
15 Sep · Analysts
Indraprastha Gas share price by year
Each calendar year to 2025.Indraprastha Gas share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 194.57 | −6.4% | 227.98 | 174.76 |
| 2024 | 207.83 | −0.6% | 279.28 | 155.70 |
| 2023 | 209.18 | +1.1% | 253.25 | 190.58 |
| 2022 | 206.98 | −12.0% | 237.40 | 165.88 |
| 2021 | 235.20 | −6.4% | 295.73 | 231.45 |
| 2020 | 251.18 | +17.3% | 261.15 | 152.48 |
| 2019 | 214.08 | +60.2% | 216.70 | 133.10 |
| 2018 | 133.63 | −20.4% | 169.88 | 110.48 |
| 2017 | 167.90 | +82.8% | 167.90 | 91.50 |
| 2016 | 91.83 | +73.6% | 91.83 | 48.94 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 139.52 | 142.43 | 139.20 | 140.66 | 141.06 | 7,07,121 | 43.1% |
| 27 Oct 2026 | 140.70 | 143.59 | 138.91 | 139.52 | 140.43 | 17,33,358 | 66.0% |
| 26 Oct 2026 | 140.80 | 142.89 | 138.23 | 141.57 | 141.09 | 10,50,749 | 39.9% |
| 23 Oct 2026 | 140.10 | 142.74 | 137.32 | 141.71 | 140.84 | 33,38,657 | 43.3% |
| 22 Oct 2026 | 141.90 | 142.19 | 139.24 | 140.01 | 140.61 | 11,92,331 | 48.0% |
| 21 Oct 2026 | 142.54 | 143.55 | 141.00 | 142.31 | 142.01 | 10,68,375 | 49.3% |
| 19 Oct 2026 | 143.15 | 144.33 | 142.18 | 142.54 | 143.06 | 5,99,141 | 44.8% |
| 16 Oct 2026 | 145.25 | 145.28 | 142.75 | 143.06 | 143.94 | 7,91,803 | 53.8% |
| 15 Oct 2026 | 144.50 | 146.49 | 142.72 | 145.14 | 144.91 | 14,53,087 | 49.6% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 31 Jan 2025 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 9 Nov 2017 | Split | 0.2000 | Each share became 5. |
| 1 Jun 2012 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 10 Apr 2012 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Company details
- NSE symbol
- IGL
- BSE code
- 532514
- ISIN
- INE203G01027
- Industry
- Gas
- Website
- www.iglonline.net
- CIN
- L23201DL1998PLC097614
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1998
- Registered office
- 4, IGL Bhawan, Community Centre, Sector-9, Rania Krishna Puram, New Delhi 110022, Delhi
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments