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's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 0.000000
forwardPE 13.921587
debtToEquity 0.878000
earningsGrowth -0.109000
revenueGrowth 0.112000
grossMargins 0.248310
operatingMargins 0.098680
trailingEps 12.120000
forwardEps 29.170000

IGL'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.
With both earnings and revenue growth in low territory, Indraprastha Gas Limited is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability.
IGL's negative gross and operating margins indicate the company is operating at a loss, unable to generate profit from its core business activities. This suggests financial strain and potential challenges in maintaining profitability.
IGL's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for IGL's financial performance.

Price projections:

Price projections for IGL
Price projections for IGL

Price projections for IGL have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.

Recommendation changes over time:

Recommendations trend for IGL
Recommendations trend for IGL


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