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

Investors may be wary of IGL as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 0.000000
forwardPE 11.976465
debtToEquity 0.903000
earningsGrowth 0.206000
revenueGrowth 0.082000
grossMargins 0.214680
operatingMargins 0.083330
trailingEps 11.870000
forwardEps 14.044210

Indraprastha Gas Limited's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
IGL's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that IGL is likely to outperform its previous year's financial performance.

Price projections:

Price projections for IGL
Price projections for IGL

Indraprastha Gas Limited's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about Indraprastha Gas Limited's ability to meet previous growth targets.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


IGL has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as IGL is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.