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Adani Total Gas

Q4 FY26Gas

Adani Total Gas Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price646
Market cap₹71.1K Cr
P/E116.9
Updated23 Aug 2026
Read4 min read

The short version

Adani Total Gas Limited expects to sustain the same revenue growth in FY 2026-27 as achieved in FY 2025-26, with possibly higher growth from new geographical areas compared to existing ones. The company expects to maintain the same revenue growth in FY 2026-27 as achieved in FY 2025-26, potentially higher in newer geographical areas compared to existing ones.

From Adani Total Gas's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Adani Total Gas Limited expects to sustain the same revenue growth in FY 2026-27 as achieved in FY 2025-26, with possibly higher growth from new geographical areas compared to existing ones.
  • EBITDA growth is anticipated to be in line with volume growth, targeting approximately INR 1,500 crores in EBITDA for FY 2026-27.
  • The company is focused on aggressive infrastructure expansion, including adding more CNG stations and PNG connections, which will drive volume growth.
  • Daily additions include about 400+ home connections, 2 new business connections, and weekly addition of 1 CNG station with laying approximately 3 kilometers of pipeline per day.
  • Long-term volume growth is supported by expanding geographic footprints, customer additions, and government support prioritizing gas supply to key sectors.
  • The strategy is to prioritize consumer base growth first, ensuring sustainable profitability over the long term by enhancing yield from existing infrastructure.

Profitability & Margins

See what Adani Total Gas said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Adani Total Gas Limited is aggressively expanding its infrastructure, including:
  • - Laying an average of 3 kilometers of pipeline daily, despite challenges like rain.
  • - Building 1 CNG station every week.
  • - Connecting 2 new businesses daily.
  • The company focuses on long-term infrastructure development rather than short-term returns.
  • Expansion includes adding new geographical areas, with 34 GAs directly serviced and 19 through JV.
  • New CGD infrastructure capex is ongoing to widen consumer base and increase volume yield on existing pipelines.
  • The strategic approach emphasizes supply-driven expansion to build consumer demand.
  • The company plans to continue double-digit growth with robust EBITDA and maintain strong capital discipline.
  • Financial prudency and appraisal processes ensure good returns over time, with incremental investments enhancing yields.
  • The target is sustainable growth aligned with India's energy transition vision.

Top-ranked in Gas

Ranked on what management guided this quarter

5x potential
1Aegis Logistics
Rev 2Mar 3
2IRM Energy
Rev 2Mar 3
3
Rev 3Mar 3
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Adani Total Gas said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript of Adani Total Gas Limited's Q4 FY '26 Earnings Call does not provide specific details about the current or expected order book or pending orders. The discussion mainly focuses on operational performance, gas sourcing, infrastructure expansion, customer additions, financial results, and future growth outlook. There is no mention of order book status or pending contract orders.

Adani Total Gas — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.5K Cr, net profit ₹156 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Gas this season

  • IRM Energy (Q4 FY26)

    Planning a volume growth of 14-15% in the current year, with hopes to maintain or exceed 20%+ year-on-year growth across CNG, PNG commercial, and PNG…

  • Petronet LNG (Q4 FY26)

    Third jetty construction: Around INR 600 crores. Key concall takeaways from Petronet LNG's Q4 FY26 earnings call — and how it ranks against sector peers.

  • Mahanagar Gas (Q4 FY26)

    Industrial and commercial (I&C) gas volumes saw curtailment (~20%), but growth potential exists once supply stabilizes. Key concall takeaways from Mahanagar…

  • Aegis Logistics (Q4 FY26)

    Expansion of ammonia terminals, with capex around INR525 crores per terminal. Key concall takeaways from AEGISLOG's Q4 FY26 earnings call — and how it ranks…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Adani Total Gas Q4 FY26 results?

Adani Total Gas Limited expects to sustain the same revenue growth in FY 2026-27 as achieved in FY 2025-26, with possibly higher growth from new geographical areas compared to existing ones. The company expects to maintain the same revenue growth in FY 2026-27 as achieved in FY 2025-26, potentially higher in newer geographical areas compared to existing ones.

What is Adani Total Gas share price analysis?

Adani Total Gas currently shows a neutral. The stock trades at a P/E of 116.9 with a market cap of ₹71,059 Cr. Investors should review the full earnings analysis for detailed insights.

Is Adani Total Gas planning capital expenditure?

Adani Total Gas Limited is aggressively expanding its infrastructure, including: - Laying an average of 3 kilometers of pipeline daily, despite challenges like rain.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.