Indraprastha Gas Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 28 Aug 2026 | Gas | Market Cap: ₹20.7K Cr
Overall sales volume growth of about 6% compared to the same quarter last year. - Strong growth in CNG vehicle additions and conversions: approximately 27,300 vehicles/month in recent 6 months vs. IGL achieved a milestone with highest ever quarterly turnover exceeding INR 5,000 crores, reflecting strong growth momentum.
From Indraprastha Gas Ltd's Q1 FY27 earnings-call transcript · updated 28 Aug 2026.
Price
₹148
Market Cap
₹20.7K Cr
P/E Ratio
15.2
Revenue Rank
Margin Rank
How does Indraprastha Gas Ltd rank in Gas?
Compare Indraprastha Gas Ltd against every Gas company this quarter on revenue, margins and earnings-call signals.
Indraprastha Gas Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹4.2K Cr, net profit ₹339 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 3- →Overall sales volume growth of about 6% compared to the same quarter last year.
- →Strong growth in CNG vehicle additions and conversions: approximately 27,300 vehicles/month in recent 6 months vs. 18,000/month last year, indicating robust demand.
- →Outside Delhi NCR, new geographical areas (GAs) growing at high rates (~27%), contributing nearly 50% of incremental sales.
- →Delhi NCR CNG sales growth around 9% excluding DTC bus volumes.
- →PNG customer base expanding with over 1 lakh new connections added in the quarter.
- →Capex guidance remains strong, with INR1,800 to 2,000 crores planned for the year to support infrastructure expansion.
- →Inorganic growth opportunities to be explored as policy evolves, with focus also on newer GAs.
- →Impact of Delhi EV policy expected to be limited (less than 3% volume impact by 2030), with strong growth expected in passenger car segment.
- →Overall, management remains confident of sustainable volume and revenue growth driven by infrastructure expansion and growing CNG adoption.
📈 Profitability & Margins
Rank 3- →IGL achieved a milestone with highest ever quarterly turnover exceeding INR 5,000 crores, reflecting strong growth momentum.
- →Volume growth is expected to sustain with 6% overall increase in sales volume and 11% increase in CNG (excluding DTC and DIMTS), supported by rising CNG vehicle additions (~27,300 per month vs. 18,000 last year).
- →Capex guidance remains robust at INR 1,800-2,000 crores annually, focusing on expanding PNG infrastructure and new geographic areas, supporting long-term sustainable growth.
- →EBITDA margin target is around INR 7 per SCM in the long term, but margins face short-term uncertainties due to volatile LNG prices and geopolitics.
- →Growth in newer Geographical Areas (GAs) is encouraging, with up to 27% growth in these regions over new authorizations and infrastructure expansion.
- →Profit after tax reported INR 186 crores despite higher gas costs; operating earnings expected to improve as volumes and efficiencies scale up.
- →Management is optimistic on volume-driven growth translating into improved earnings and EPS over the medium to long term.
🏗️ Capital Expenditure Plans
Yes- →Q1 FY27 capex spent: INR 327 crores.
- →Planned capex for FY27: INR 1,800 - 2,000 crores.
- →Core business capex guidance: INR 1,200 - 1,500 crores.
- →Additional capex for business development/diversification: INR 500 - 600 crores.
- →Focus on PNG infrastructure development and expanding operations in newer geographical areas with robust growth potential.
- →Commissioned new city gate station at Rohini, Delhi to strengthen supply network.
- →Technical feasibility studies started for remaining areas of Gurugram and Faridabad with consent submitted for authorization.
- →LNG operations commenced in NCR region in association with CONCOR.
- →Engaged with Indian Army for integrated energy solutions in cantonments.
💰 Fundraising & Capital Structure
No information📋 Order Book & Pipeline
No informationKey Metrics
Revenue
Margin
Capex
Fundraise
Order Book
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What Indraprastha Gas Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Indraprastha Gas Ltd Q1 FY27 results?
Overall sales volume growth of about 6% compared to the same quarter last year. - Strong growth in CNG vehicle additions and conversions: approximately 27,300 vehicles/month in recent 6 months vs. IGL achieved a milestone with highest ever quarterly turnover exceeding INR 5,000 crores, reflecting strong growth momentum.
What is Indraprastha Gas Ltd share price analysis?
Indraprastha Gas Ltd currently shows a below-average growth signal. The stock trades at a P/E of 15.2 with a market cap of ₹20,702 Cr. Investors should review the full earnings analysis for detailed insights.
Is Indraprastha Gas Ltd planning capital expenditure?
Q1 FY27 capex spent: INR 327 crores.
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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.