Indraprastha Gas Ltd
Incorporated in the year 1998, Indraprastha Gas Limited (IGL) is in the business of city gas distribution in the National Capital Territory of Delhi. IGL also supplies the gas to the near by regions of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut, Shamli, Kanpur, Muzaffarnagar, Karnal and Rewari, Hamirpur, Fatehpur, Ajmer, Pali, Rajasmand.
IGL is formed as a JV promoted by GAIL (India) Limited and Bharat Petroleum Corporation (BPCL). Government of NCT of Delhi is holding 5% equity. [1]
- Market Cap ₹ 29,253 Cr.
- Current Price ₹ 418
- High / Low ₹ 452 / 321
- Stock P/E 19.8
- Book Value ₹ 106
- Dividend Yield 1.32 %
- ROCE 26.5 %
- ROE 19.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 23.9%
Cons
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,746 | 2,517 | 3,367 | 3,914 | 3,681 | 3,686 | 3,815 | 4,535 | 5,765 | 6,485 | 4,941 | 7,710 | 12,865 | |
1,251 | 1,883 | 2,603 | 3,131 | 2,887 | 2,910 | 2,851 | 3,410 | 4,506 | 4,949 | 3,446 | 5,816 | 10,791 | |
Operating Profit | 495 | 634 | 764 | 783 | 794 | 775 | 964 | 1,125 | 1,259 | 1,536 | 1,495 | 1,894 | 2,074 |
OPM % | 28% | 25% | 23% | 20% | 22% | 21% | 25% | 25% | 22% | 24% | 30% | 25% | 16% |
7 | 8 | 12 | 21 | 34 | 29 | 65 | 90 | 144 | 152 | 149 | 213 | 274 | |
Interest | 14 | 49 | 61 | 45 | 30 | 10 | 1 | 2 | 2 | 20 | 22 | 25 | 13 |
Depreciation | 103 | 143 | 187 | 220 | 149 | 156 | 167 | 181 | 201 | 252 | 290 | 317 | 345 |
Profit before tax | 386 | 450 | 528 | 540 | 649 | 638 | 861 | 1,032 | 1,200 | 1,416 | 1,331 | 1,766 | 1,990 |
Tax % | 33% | 32% | 33% | 33% | 33% | 34% | 34% | 35% | 34% | 20% | 24% | 26% | |
Net Profit | 260 | 306 | 354 | 360 | 438 | 419 | 571 | 671 | 787 | 1,137 | 1,006 | 1,315 | 1,477 |
EPS in Rs | 3.71 | 4.38 | 5.06 | 5.15 | 6.25 | 5.99 | 8.16 | 9.58 | 11.24 | 16.24 | 14.37 | 18.78 | 21.10 |
Dividend Payout % | 27% | 23% | 22% | 21% | 19% | 20% | 21% | 21% | 21% | 17% | 25% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 10% |
TTM: | 88% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 20% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 6% |
3 Years: | -7% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | |
Reserves | 864 | 1,089 | 1,353 | 1,623 | 1,958 | 2,376 | 2,787 | 3,373 | 3,990 | 4,922 | 5,732 | 6,796 | 7,249 |
282 | 539 | 458 | 352 | 145 | 0 | 0 | 0 | 0 | 96 | 113 | 108 | 99 | |
481 | 557 | 682 | 739 | 833 | 868 | 1,164 | 1,419 | 1,823 | 2,017 | 2,606 | 3,413 | 4,153 | |
Total Liabilities | 1,767 | 2,325 | 2,634 | 2,855 | 3,076 | 3,384 | 4,091 | 4,932 | 5,953 | 7,176 | 8,591 | 10,457 | 11,640 |
1,159 | 1,580 | 1,847 | 1,895 | 1,956 | 2,019 | 2,117 | 2,432 | 2,877 | 3,557 | 4,321 | 5,002 | 5,289 | |
CWIP | 327 | 375 | 291 | 262 | 254 | 267 | 352 | 386 | 478 | 777 | 847 | 1,379 | 1,471 |
Investments | 42 | 98 | 143 | 117 | 291 | 259 | 677 | 1,148 | 1,544 | 258 | 1,826 | 1,976 | 1,577 |
238 | 272 | 352 | 580 | 575 | 839 | 945 | 966 | 1,054 | 2,584 | 1,598 | 2,101 | 3,304 | |
Total Assets | 1,767 | 2,325 | 2,634 | 2,855 | 3,076 | 3,384 | 4,091 | 4,932 | 5,953 | 7,176 | 8,591 | 10,457 | 11,640 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
410 | 612 | 643 | 648 | 664 | 653 | 946 | 879 | 1,157 | 1,361 | 1,546 | 1,898 | |
-757 | -606 | -362 | -300 | -364 | -175 | -1,114 | -717 | -1,121 | -521 | -1,826 | -1,585 | |
268 | 65 | -218 | -241 | -327 | -256 | -160 | -84 | -169 | -243 | -297 | -328 | |
Net Cash Flow | -79 | 71 | 63 | 106 | -27 | 223 | -328 | 78 | -133 | 597 | -577 | -15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 19 | 19 | 20 | 23 | 25 | 19 | 18 | 14 | 10 | 19 | 25 |
Inventory Days | 13 | 9 | 7 | 6 | 7 | 10 | 10 | 8 | 6 | 5 | 8 | 4 |
Days Payable | 53 | 43 | 32 | 26 | 30 | 26 | 48 | 50 | 35 | 22 | 69 | 65 |
Cash Conversion Cycle | -24 | -14 | -6 | 0 | 1 | 9 | -19 | -23 | -15 | -7 | -41 | -37 |
Working Capital Days | -29 | -58 | -44 | -32 | -36 | -32 | -62 | -67 | -75 | -82 | -142 | -114 |
ROCE % | 37% | 33% | 32% | 29% | 31% | 27% | 32% | 31% | 29% | 29% | 24% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8h - Link of Audio recording of Conference Call held for discussing Un-audited Financial Results for the quarter ended December 31, 2022
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Analyst/Investor meet - invitation with event link for attendees
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 25 Jan
- Announcement under Regulation 30 (LODR)-Change in Directorate 25 Jan
- Board Meeting Outcome for Declaration Of Interim Dividend 25 Jan
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Leading player in City Gas Distribution
Indraprastha Gas Limited (IGL) is one of the pioneer and leading City Gas Distribution (CGD) company in India catering to more than 1.1 million CNG vehicles,1.4 million domestic PNG customers and over 5,500 commercial & industrial customers. It achieved a new milestone of setting up 550th CNG station in FY 2019-20. [1] [2]