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 1.076000
forwardPE 14.744244
debtToEquity 0.878000
earningsGrowth 0.048000
revenueGrowth 0.104000
grossMargins 0.258220
operatingMargins 0.094890
trailingEps 12.120000
forwardEps 29.170000

Indraprastha Gas Limited's current ratio of 1.076 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring Indraprastha Gas Limited is unlikely to face difficulties in meeting immediate financial obligations.
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 forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.

Price projections:

Price projections for IGL
Price projections for IGL

Over time, Indraprastha Gas Limited's price projections have steadily declined, reflecting reduced confidence in the company's future performance. The downward revisions suggest analysts are becoming more conservative in their assessments.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


Analysts have maintained a buy bias for IGL, which could prompt investors to consider the stock as a viable investment. With this positive outlook, IGL is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.