Adani Total Gas Ltd

Adani Total Gas Ltd

₹ 929 1.02%
28 Mar 3:11 p.m.
About

AGL is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users.

Key Points

Company Overview
It is promoted by Adani Group and Total Energy each having 37.4% stake in the company. It operates in the development of city gas distribution (CGD) networks for the continuous supply of piped natural gas (PNG) and compressed natural gas (CNG). It ventured into e-mobility and biomass businesses through subsidiaries - Adani TotalEnergies E-mobility and Adani TotalEnergies Biomass. It has also formed a 50:50 joint venture for its gas meter manufacturing business.[1]

  • Market Cap 1,02,194 Cr.
  • Current Price 929
  • High / Low 1,260 / 522
  • Stock P/E 173
  • Book Value 29.3
  • Dividend Yield 0.03 %
  • ROCE 20.3 %
  • ROE 19.7 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 31.4 times its book value

* 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.

Peer comparison

Sector: Gas Distribution Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
496 584 494 648 883 1,012 1,042 1,116 1,106 1,115 1,056 1,095 1,155
283 380 287 417 680 881 824 889 875 919 808 815 867
Operating Profit 213 205 207 231 203 131 219 226 230 195 248 279 288
OPM % 43% 35% 42% 36% 23% 13% 21% 20% 21% 18% 23% 26% 25%
9 15 8 15 8 10 9 10 8 10 8 10 13
Interest 10 11 11 13 13 15 19 21 6 32 24 27 31
Depreciation 16 17 19 21 21 22 24 27 31 31 33 37 38
Profit before tax 195 191 185 213 177 104 185 188 201 142 199 225 231
Tax % 26% 24% 25% 25% 26% 27% 26% 26% 26% 27% 26% 25% 26%
145 145 138 159 132 76 138 139 148 104 148 168 172
EPS in Rs 1.32 1.32 1.26 1.44 1.20 0.69 1.25 1.27 1.35 0.95 1.34 1.53 1.57
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,129 1,087 1,374 1,719 1,875 1,696 3,038 4,378 4,420
921 809 1,008 1,264 1,280 991 2,265 3,508 3,410
Operating Profit 208 278 366 455 595 704 773 870 1,010
OPM % 18% 26% 27% 26% 32% 42% 25% 20% 23%
26 -22 80 59 44 30 42 37 40
Interest 43 44 125 90 41 40 53 79 115
Depreciation 52 56 61 67 51 63 83 113 139
Profit before tax 138 156 259 357 547 631 679 716 797
Tax % 41% 35% 36% 36% 20% 25% 26% 26%
81 101 165 229 436 472 505 530 592
EPS in Rs 3.17 3.94 6.41 2.08 3.97 4.29 4.59 4.82 5.39
Dividend Payout % 54% 0% 0% 12% 6% 6% 5% 5%
Compounded Sales Growth
10 Years: %
5 Years: 26%
3 Years: 33%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: 27%
3 Years: 7%
TTM: 18%
Stock Price CAGR
10 Years: %
5 Years: 48%
3 Years: 1%
1 Year: 6%
Return on Equity
10 Years: %
5 Years: 24%
3 Years: 23%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 257 257 257 110 110 110 110 110 110
Reserves 357 458 769 1,002 1,370 1,842 2,320 2,828 3,115
Preference Capital 0 0 0 0 0 0 0 0
475 549 1,345 394 428 529 1,035 1,420 1,354
345 396 442 552 577 741 964 1,278 1,342
Total Liabilities 1,434 1,660 2,812 2,058 2,486 3,222 4,429 5,636 5,921
757 832 897 980 1,198 1,379 1,733 2,329 2,507
CWIP 157 87 102 190 342 696 1,171 1,612 1,615
Investments 49 91 189 186 291 436 648 683 703
471 651 1,624 701 655 711 878 1,013 1,096
Total Assets 1,434 1,660 2,812 2,058 2,486 3,222 4,429 5,636 5,921

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
255 258 277 356 492 654 732 846
-413 -303 -988 791 -461 -770 -1,133 -1,163
39 50 779 -1,077 -102 39 422 295
Net Cash Flow -118 5 68 70 -71 -78 21 -22

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 13 19 38 18 12 22 22 22
Inventory Days 19 21 19 15 14 25 15 11
Days Payable 22 28 63 35 28 55 31 36
Cash Conversion Cycle 10 11 -6 -2 -2 -8 6 -3
Working Capital Days 109 152 52 5 -12 -101 -59 -49
ROCE % 22% 21% 24% 34% 31% 25% 20%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80%
19.12% 18.72% 18.89% 18.16% 17.83% 17.55% 17.44% 17.25% 16.32% 14.08% 13.94% 13.06%
2.16% 3.35% 3.64% 4.72% 5.19% 5.60% 5.82% 6.09% 6.14% 6.15% 6.15% 6.14%
3.92% 3.13% 2.67% 2.32% 2.18% 2.05% 1.94% 1.85% 2.75% 4.97% 5.11% 5.98%
No. of Shareholders 1,62,5551,87,8691,56,1461,31,8221,30,7471,37,8411,42,6971,36,0223,01,5304,82,9194,94,1866,53,417

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents