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 ₹ 25,739 Cr.
- Current Price ₹ 368
- High / Low ₹ 604 / 321
- Stock P/E 17.1
- Book Value ₹ 108
- Dividend Yield 0.98 %
- ROCE 27.8 %
- ROE 21.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.89% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.94%
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
3,681 | 3,686 | 3,815 | 4,535 | 5,765 | 6,485 | 4,941 | 7,710 | |
2,887 | 2,910 | 2,851 | 3,409 | 4,506 | 4,949 | 3,446 | 5,829 | |
Operating Profit | 794 | 775 | 964 | 1,126 | 1,259 | 1,536 | 1,495 | 1,881 |
OPM % | 22% | 21% | 25% | 25% | 22% | 24% | 30% | 24% |
31 | 78 | 108 | 153 | 213 | 293 | 240 | 402 | |
Interest | 30 | 10 | 1 | 2 | 2 | 20 | 22 | 13 |
Depreciation | 149 | 156 | 167 | 181 | 201 | 252 | 290 | 317 |
Profit before tax | 645 | 687 | 904 | 1,096 | 1,269 | 1,556 | 1,422 | 1,953 |
Tax % | 33% | 33% | 33% | 34% | 34% | 20% | 18% | 23% |
Net Profit | 448 | 458 | 606 | 722 | 842 | 1,249 | 1,173 | 1,502 |
EPS in Rs | 6.40 | 6.54 | 8.66 | 10.31 | 12.03 | 17.84 | 16.75 | 21.46 |
Dividend Payout % | 19% | 18% | 20% | 19% | 20% | 16% | 21% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 10% |
TTM: | 56% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 24% |
TTM: | 30% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 12% |
3 Years: | 5% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 22% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | |
Reserves | 1,975 | 2,430 | 2,872 | 3,507 | 4,176 | 5,218 | 6,194 | 7,446 |
145 | 0 | 0 | 0 | 0 | 96 | 113 | 108 | |
833 | 882 | 1,186 | 1,453 | 1,871 | 2,094 | 2,606 | 3,409 | |
Total Liabilities | 3,093 | 3,452 | 4,198 | 5,100 | 6,187 | 7,548 | 9,054 | 11,102 |
1,956 | 2,019 | 2,117 | 2,432 | 2,877 | 3,557 | 4,321 | 5,002 | |
CWIP | 254 | 267 | 352 | 386 | 478 | 777 | 847 | 1,379 |
Investments | 308 | 327 | 784 | 1,316 | 1,778 | 630 | 2,288 | 2,626 |
575 | 839 | 945 | 966 | 1,054 | 2,584 | 1,598 | 2,096 | |
Total Assets | 3,093 | 3,452 | 4,198 | 5,100 | 6,187 | 7,548 | 9,054 | 11,102 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
664 | 653 | 946 | 879 | 1,157 | 1,361 | 1,546 | 1,898 | |
-364 | -175 | -1,114 | -717 | -1,121 | -521 | -1,826 | -1,585 | |
-327 | -256 | -160 | -84 | -169 | -243 | -297 | -328 | |
Net Cash Flow | -27 | 223 | -328 | 78 | -133 | 597 | -577 | -15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 25 | 19 | 18 | 14 | 10 | 19 | 25 |
Inventory Days | 7 | 10 | 10 | 8 | 6 | 5 | 8 | 4 |
Days Payable | 30 | 26 | 48 | 50 | 35 | 22 | 69 | 65 |
Cash Conversion Cycle | 1 | 9 | -19 | -23 | -15 | -7 | -41 | -37 |
Working Capital Days | -36 | -32 | -62 | -67 | -75 | -82 | -142 | -33 |
ROCE % | 29% | 32% | 32% | 30% | 31% | 24% | 28% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Directorate
1d - Change in Directorship w.e.f. July 1, 2022
- Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015) 21 Jun
- Regulation 44 Of SEBI LODR Regulations, 2015 - Declaration Of Voting Results - Passing Of Resolution(S) By Postal Ballot Along With Scrutinizer''s Report 20 Jun
- Clarification - Financial Results For The Period Ended March 31, 2022 8 Jun
- Regulation 23(9) Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 1 Jun
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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]