ATGLOil Gas & Consumable Fuels

Adani Total Gas Limited

LPG/CNG/PNG/LNG Supplier · ISIN INE399L01023 · BSE 542066 · NSE EQ · FV ₹1
Last price
₹587
+0.09%today
What this company does

Adani Total Gas Limited operates in LPG/CNG/PNG/LNG Supplier, part of the Oil Gas & Consumable Fuels sector. It booked ₹1,907 cr of revenue in its latest quarter (Q1 FY27) and kept 7.4% of sales as profit. It is the largest of 7 LPG/CNG/PNG/LNG Supplier companies we track, by market value.

49out of 100
Equitytale Health Score
Mixed

Healthier than 49% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
27

At close. Not part of the score.

Profitability & returns47

How much profit it earns on the money it employs

Balance sheet38

How much it owes, and whether earnings cover the interest

Cash quality67

Whether reported profit actually arrives as cash

Growth & consistency61

Whether sales and profit have grown, and how steadily

Valuation6

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 27% vs last year
Promoters hold 75%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 7.4% net margin
! Profit down 14% vs last year

What if I invest in ATGL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹587 +0.09%
latest close · 2026-09-17
1-year return
-55.0%
52-wk low ₹57652-wk high ₹2,740
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio113.8High
LowAverageHigh
P/B ratio13.26High
Below bookModerateHigh
EV / EBITDA58.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.7%Fair
WeakFairStrong ▸15%
Return on capital11.8%Fair
WeakFairStrong
Net margin7.4%Decent
ThinDecentStrong
EBITDA margin14.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.45Comfortable
LowModerateHigh ▸1
Interest cover5.5×Strong
RiskyOkayStrong ▸5×
Current ratio0.64Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹64,488 cr
Book value
₹44
EPS
₹1.29
latest quarter
Net debt
₹1,915 cr
owes more than its cash
Enterprise value
₹66,403 cr
EBITDA
₹1,132 cr
annualised
EBIT
₹866 cr
annualised
Operating margin
11.4%
Return on assets
5.9%
Earnings yield
0.88%
P/S
8.46
Sales / share
₹69.4
Tax rate
25.5%
Face value
₹110
Shares
109.9 cr
Working capital
₹-808 cr
Current assets
₹1,423 cr
Current liabilities
₹2,231 cr
Delivery %
34.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹50₹75, midpoint ₹63

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,907 cr
Other Income₹13 cr
Total Income₹1,920 cr
Cost of Materials₹1,304 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-67 L
Employee Benefit Expense₹13 cr
Finance Costs₹39 cr
Depreciation & Amortisation₹67 cr
Other Expenses₹320 cr
Total Expenses₹1,742 cr
Profit before Tax₹177 cr
Tax Expense₹45 cr
Share of JV / Associates₹10 cr
Net Profit₹142 cr
Net margin on total income7.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,304 cr67.6%
Employee benefit expense₹13 cr0.7%
Finance costs₹39 cr2.0%
Depreciation & amortisation₹67 cr3.5%
Other expenses₹320 cr16.6%
Tax expense₹45 cr2.3%
Profit for the period₹142 cr7.3%
Total income ₹1,920 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,639 cr1,695 cr1,907 cr
Total income1,648 cr1,707 cr1,920 cr
Expenses1,437 cr1,492 cr1,742 cr
Profit before tax211 cr215 cr177 cr
Tax55 cr59 cr45 cr
Net profit (owners' share)159 cr168 cr142 cr
Net margin (owners' share, on revenue)9.7%9.9%7.4%
EPS (₹)1.441.531.29
YoY (latest quarter): total income +27.4% · net profit -14.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹9,549 cr
Shareholder equity
₹4,865 cr
parent shareholders
Total debt
₹2,168 cr
Cash
₹253 cr
Cash flow · H1 FY26
Operating
₹460 cr
Investing
₹-561 cr
Financing
₹39 cr
Peer comparison
LPG/CNG/PNG/LNG Supplier · by market value
CompanyPriceMarket capP/E
Adani Total Gas Limitedthis company₹587₹64,488 cr113.8
Petronet LNG Limited₹283₹42,518 cr9.3
GUJARAT ENERGY LIMITED₹239₹22,432 cr5.6
Indraprastha Gas Limited₹149₹20,814 cr21.6
Mahanagar Gas Limited₹1,071₹10,581 cr13.7
Confidence Petroleum India Limited₹87₹2,882 cr11.7
IRM Energy Limited₹269₹1,105 cr8.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.04%
trailing 12 months
Dividend / share (TTM)
₹0.25
Last dividend
₹0.25
ex 12 Jun 2026
ActionDetailEx-date
Dividend₹0.25 / share12 Jun 2026
Dividend₹0.25 / share13 Jun 2025
Dividend₹0.25 / share14 Jun 2024
Dividend₹0.25 / share7 Jul 2023
Dividend₹0.25 / share14 Jul 2022
Dividend₹0.25 / share24 Jun 2021
Who owns it · 2026-06-30
No pledge
Promoter
74.8%
FII / Foreign
12.8%
DII / Domestic
6.3%
Retail / others
6.1%
Smart-money activity
Insider trades
SoldNikhil Bhatia · Immediate relative700 · ₹25.4 L1 Sep 22
SoldHarleen Kaur · Immediate relative1,150 · ₹41.7 L1 Sep 22
SoldVidya Ratan Bhatia · Immediate relative750 · ₹27.0 L1 Sep 22
Bulk / block deals
short · NSE231 Aug 26
short · NSE126 Aug 26
short · NSE2323 Aug 26
Stake changes
BoughtLife Insurance Corporation of India→ 5.01% · 2.00 L9 Feb 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 23 Jan 2026
See the official result
1
Appointment of Mr. K Jairaj (DIN: 01875126) as an Independent Director (Non-Executive) of the Company
Backed by 98% of shareholders other than promotersneeded 75%
8.20 cr votes for, 13.47 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 74.8% between them · as of 2026-06-30
TotalEnergies Holdings SAS37.40%
Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S. B. Adani Family Trust)37.38%
Rahi Rajesh Adani0.01%
Vanshi Rajesh Adani0.01%
Adani Properties Private Limitedno shares
Adani Tradeline Private Limited (formerly Adani Tradeline LLP)no shares
Afro Asia Trade And Investments Limitedno shares
Flourishing Trade and Investment Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.