Overall Fundamental outlook

Business Operations:

Sector: Utilities
Industry: Utilities - Regulated Gas

Indraprastha Gas Limited engages in the distribution and sale of natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, commercial, and industrial sectors. It operates CNG stations, as well as steel pipeline and MDPE networks. The company serves households; hotels, restaurants, malls, commercial complexes, educational/religious institutions, and hospitals; and metal, textiles, food and beverages, pharmaceuticals, chemical, auto and ancillary, and packaging industries. The company was incorporated in 1998 and is headquartered in New Delhi, India.

Revenue projections:

Revenue projections for IGL
Revenue projections for IGL

With IGL's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 0.00000
forwardPE 12.13311
debtToEquity 0.90300
earningsGrowth 0.20600
revenueGrowth 0.08200
grossMargins 0.21468
operatingMargins 0.08333
trailingEps 11.89000
forwardEps 13.63624

Indraprastha Gas Limited's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
IGL's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in IGL's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for IGL
Price projections for IGL

Over time, analysts have gradually revised Indraprastha Gas Limited's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


Analysts' buy bias toward IGL suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, IGL is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.