āagman

Not investment advice. Data and computed figures, for information only.

Adani Total Gas Ltd

NSE: ATGL
₹576.80
−₹4.80 (−0.83%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹61,969 Cr
CMP
₹576.80
52-wk High / Low
₹860 / 463
P/E
98.0
P/B
12.7
Book Value
₹44.2
Div Yield
0.04%
ROCE
15.0%
ROE
14.4%
Face Value
₹1
D/E
0.46

Price−8.2% over 1Y

āagman read

Computed by āagman
Derived from 9 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹77
√(22.5 × EPS × book value per share)
ROIC
9.9%
vs 9.7% sector median
Cash flow to profit
1.75
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−585
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.8%
ROE × earnings retention ratio
ROE stability
2.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.09DII +0.12
Latest quarter vs the previous one
Cash-accrual divergence
−5.7%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Latest ROCE of 15% trails the sector median of 17.5%
−Price trades below its 200-day moving average (0.9x)
−Price is 32.9% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0561,0961,1561,1671,1451,2191,2941,3411,3791,4511,5071,5571,754
Expenses8088168688798519131,0301,0751,0851,1561,2021,2561,483
Operating Profit248280288288295306265266293295305301270
OPM %23.5%25.5%24.9%24.7%25.8%25.1%20.5%19.8%21.2%20.3%20.2%19.3%15.4%
Other Income101518199168141212122423
Interest24273129262327242826413539
Depreciation33383949465153535662626367
Profit before tax201230236229232247192204222219214227187
Net Profit150173177168172186142155165163159168142
EPS (₹)1.371.571.611.531.561.691.291.411.501.491.441.531.29

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 9 years + TTM
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3741,7191,8751,6963,0384,3784,4755,0005,8946,269
Expenses1,0081,2641,2809912,2653,5083,3713,8624,7005,098
Operating Profit3664555957047738701,1041,1371,1951,172
OPM %26.6%26.5%31.7%41.5%25.4%19.9%24.7%22.7%20.3%18.7%
Other Income80594430465462426070
Interest1259041405378111101129141
Depreciation6167516383113158204243254
Profit before tax259357547631684733896875882846
Net Profit162229436463509546668654656632
EPS (₹)6.312.083.974.214.634.976.075.955.965.75

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital257110110110110110110110110—
Reserves7599921,3611,8242,3062,8313,4704,0974,755—
Borrowings1,3453944285291,0351,4221,5571,8342,255—
Other Liabilities4425525777419641,2821,4541,6242,428—
Total Liabilities2,8032,0482,4763,2044,4155,6456,5927,6659,549—
Fixed Assets8979801,1981,3791,7332,3353,1743,6514,314—
CWIP1021903426961,1711,6191,5021,8722,001—
Investments1801762824176346827068111,690—
Other Assets1,6247016557118781,0101,2091,3311,544—
Total Assets2,8032,0482,4763,2044,4155,6456,5927,6659,549—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2773564926547328539559641,149
Cash from Investing Activity−988791−461−770−1,133−1,167−752−933−1,236
Cash from Financing Activity779−1,077−10239422295−7856116
Net Cash Flow6870−71−7821−191258729

Ratios

As of 31 Mar 2026
9 periods
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—24.034.031.025.021.021.017.015.0
ROE %————————14.4
EPS (₹)6.312.083.974.214.634.976.075.955.96
Book Value (₹)————————44.2
Face Value (₹)————————1
P/E————————98.0
Div Yield %————————0.04
NPM %11.112.922.726.816.512.314.713.011.0
OPM %27.026.032.042.025.020.025.023.020.0
D/E1.320.360.290.270.430.480.430.440.46
P/B————————12.7

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+28.0%
3 years+10.0%
TTM+20.0%
Compounded profit growth
5 years+7.0%
3 years+6.0%
TTM−2.0%
Stock price CAGR
5 years−17.0%
3 years−3.0%
Last year−10.0%
Return on equity
5 years18.0%
3 years17.0%
Last year14.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.80%74.80%74.80%74.80%74.80%74.80%74.80%74.80%74.80%74.80%74.80%74.80%
FIIs13.22%13.22%13.22%21.60%20.36%19.12%17.83%16.32%13.13%13.22%12.75%12.84%
DIIs6.23%6.23%6.23%0.48%0.33%2.16%5.19%6.14%6.12%6.23%6.26%6.38%
Government————————————
Public5.74%5.74%5.74%3.11%4.51%3.92%2.18%2.75%5.93%5.74%6.18%5.97%
No. of shareholders6,41,0916,41,0916,41,09174,1991,08,7581,62,5551,30,7473,01,5306,31,0226,41,0916,36,1495,77,207
Change since Jun 2023 (pp)
Promoters +0.00FIIs −0.38DIIs +0.15Public +0.23

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026.Closure of Trading WindowChange In Senior Management Personnel Of The CompanyAnnouncement Under Regulation 30 (LODR) - Update
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026RecordingMay 2026TranscriptMay 2026RecordingJan 2026TranscriptJan 2026RecordingNov 2025TranscriptNov 2025RecordingAug 2025Transcript

Corporate actions

As of 12 Jun 2026
12 Jun 2026DIVIDENDDividend - Rs 0.25 Per Share—
13 Jun 2025DIVIDENDDividend - Re 0.25 Per Share—
14 Jun 2024DIVIDENDDividend - Re 0.25 Per Share—
7 Jul 2023DIVIDENDDividend - Re 0.25 Per Share—
14 Jul 2022DIVIDENDDividend - Rs 0.25 Per Share—
24 Jun 2021DIVIDEND Dividend - Rs 0.25 Per Share—
26 Mar 2020DIVIDEND Interim Dividend - Rs 0.25 Per Share—
26 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman