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 1.076000
forwardPE 14.252591
debtToEquity 0.878000
earningsGrowth 0.048000
revenueGrowth 0.104000
grossMargins 0.258220
operatingMargins 0.094890
trailingEps 12.130000
forwardEps 29.170000

IGL's current ratio of 1.076 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. IGL's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
Indraprastha Gas Limited's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
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

Indraprastha Gas Limited's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on Indraprastha Gas Limited's future growth prospects.

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.