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

Revenues for Indraprastha Gas Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

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 is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
IGL'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 IGL's financial growth.

Price projections:

Price projections for IGL
Price projections for IGL

IGL'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 IGL's ability to meet previous growth targets.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


With analysts showing a buy bias for IGL, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning IGL as a safe and profitable place for investors to allocate their funds and seek growth.