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

IGL 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 1.184000
forwardPE 11.989071
debtToEquity 0.903000
earningsGrowth -0.151000
revenueGrowth 0.088000
grossMargins 0.209370
operatingMargins 0.077700
trailingEps 11.400000
forwardEps 14.584950

With a current ratio of 1.184, IGL has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that IGL is in a strong position to meet its immediate financial obligations without difficulty.
IGL's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation.
IGL's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins.
With negative gross and operating margins, Indraprastha Gas Limited is facing losses at both the production and operational levels. This signals significant financial strain and may indicate that the company is struggling to manage costs effectively.
IGL's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights IGL's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for IGL
Price projections for IGL

Price projections for IGL have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for IGL's market trajectory.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


Analysts are favoring IGL with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider IGL as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.