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

Indraprastha Gas Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 0.000000
forwardPE 14.337766
debtToEquity 0.878000
earningsGrowth -0.109000
revenueGrowth 0.112000
grossMargins 0.248310
operatingMargins 0.098680
trailingEps 11.900000
forwardEps 29.170000

IGL'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 low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for IGL's future profitability.
IGL's negative gross and operating margins reflect unprofitability, suggesting the company is unable to generate revenue sufficient to cover its costs. This could indicate deeper financial challenges or declining efficiency.
Indraprastha Gas Limited's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for Indraprastha Gas Limited's financial growth.

Price projections:

Price projections for IGL
Price projections for IGL

Over time, IGL's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about IGL's potential for growth.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


Indraprastha Gas Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Indraprastha Gas Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.