ATGL
Adani Total Gas Limited (ATGL) Stock Analysis
Adani Total Gas Limited is a city gas distribution company serving piped gas and CNG customers in India. It operates CGD networks across multiple geographical areas through a joint venture between Adani and TotalEnergies. The company benefits from India's gas economy expansion. It is a large-cap listed energy infrastructure stock.
Utilities › Utilities - Regulated Gas
₹638.10
+7.29% 1W | -15.40% 52W
Market Cap
70.2k CR
P/E Ratio
111
52W High
₹859.9
52W Low
₹462.8
Div. Yield
0.04%
Beta
0.6
50 DMA
₹648.6
200 DMA
₹612
Profit Margin
10.1%
Inst. Own.
7.4%
✅ BOUNCE FROM SUPPORT
🛑 HIT RESISTANCE
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,056 | 1,096 | 1,156 | 1,167 | 1,145 | 1,219 | 1,294 | 1,341 | 1,379 | 1,451 | 1,507 | 1,557 | 1,754 |
| Expenses | 808 | 816 | 868 | 879 | 851 | 913 | 1,030 | 1,075 | 1,085 | 1,156 | 1,202 | 1,256 | 1,483 |
| Operating Profit | 248 | 280 | 288 | 288 | 295 | 306 | 265 | 266 | 293 | 295 | 305 | 301 | 270 |
| OPM % | 23% | 26% | 25% | 25% | 26% | 25% | 20% | 20% | 21% | 20% | 20% | 19% | 15% |
| Other Income | 10 | 15 | 18 | 19 | 9 | 16 | 8 | 14 | 12 | 12 | 12 | 24 | 23 |
| Interest | 24 | 27 | 31 | 29 | 26 | 23 | 27 | 24 | 28 | 26 | 41 | 35 | 39 |
| Depreciation | 33 | 38 | 39 | 49 | 46 | 51 | 53 | 53 | 56 | 62 | 62 | 63 | 67 |
| Profit before tax | 201 | 230 | 236 | 229 | 232 | 247 | 192 | 204 | 222 | 219 | 214 | 227 | 187 |
| Tax % | 25% | 25% | 25% | 27% | 26% | 25% | 26% | 24% | 26% | 25% | 26% | 26% | 24% |
| Net Profit | 150 | 173 | 177 | 168 | 172 | 186 | 142 | 155 | 165 | 163 | 159 | 168 | 142 |
| EPS in Rs | 1.37 | 1.57 | 1.61 | 1.53 | 1.56 | 1.69 | 1.29 | 1.41 | 1.50 | 1.49 | 1.44 | 1.53 | 1.29 |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,374 | 1,719 | 1,875 | 1,696 | 3,038 | 4,378 | 4,475 | 5,000 | 5,894 | 6,269 |
| Expenses | 1,008 | 1,264 | 1,280 | 991 | 2,265 | 3,508 | 3,371 | 3,862 | 4,700 | 5,098 |
| Operating Profit | 366 | 455 | 595 | 704 | 773 | 870 | 1,104 | 1,137 | 1,195 | 1,172 |
| OPM % | 27% | 26% | 32% | 42% | 25% | 20% | 25% | 23% | 20% | 19% |
| Other Income | 80 | 59 | 44 | 30 | 46 | 54 | 62 | 42 | 60 | 70 |
| Interest | 125 | 90 | 41 | 40 | 53 | 78 | 111 | 101 | 129 | 141 |
| Depreciation | 61 | 67 | 51 | 63 | 83 | 113 | 158 | 204 | 243 | 254 |
| Profit before tax | 259 | 357 | 547 | 631 | 684 | 733 | 896 | 875 | 882 | 846 |
| Tax % | 36% | 36% | 20% | 25% | 26% | 25% | 26% | 25% | 26% | |
| Net Profit | 162 | 229 | 436 | 463 | 509 | 546 | 668 | 654 | 656 | 632 |
| EPS in Rs | 6.31 | 2.08 | 3.97 | 4.21 | 4.63 | 4.97 | 6.07 | 5.95 | 5.96 | 5.75 |
| Dividend Payout % | 0% | 12% | 6% | 6% | 5% | 5% | 4% | 4% | 4% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 10.0% | 28.0% | – |
| Profit CAGR | 6.0% | 7.0% | – |
Shareholding Pattern
Promoters74.80%
FIIs13.02%
DIIs6.31%
Public5.87%
Promoters74.80%
FIIs12.88%
DIIs6.23%
Public6.07%
Promoters74.80%
FIIs12.81%
DIIs6.25%
Public6.14%
Promoters74.80%
FIIs12.75%
DIIs6.26%
Public6.18%
Promoters74.80%
FIIs12.77%
DIIs6.34%
Public6.07%
Promoters74.80%
FIIs16.32%
DIIs6.14%
Public2.75%
Promoters74.80%
FIIs13.13%
DIIs6.12%
Public5.93%
Promoters74.80%
FIIs13.22%
DIIs6.23%
Public5.74%
Promoters74.80%
FIIs12.75%
DIIs6.26%
Public6.18%
Promoters74.80%
FIIs12.77%
DIIs6.34%
Public6.07%
ATGL
Holdings Analysis
Key strengths & risk signals
67
Overall
65
Fundamental
69
Technical
Risks (4)
OVERVALUED! PEG of 17.62 means expensive relative to growth rate.
RECOVERY MODE! Current price (638.1) above 200-day but below 50-day.
WEAK YEAR! Stock declined 15.4% in the last year.
WEAK MOMENTUM! Limited price growth - 7.3% (1 week), -1.4% (1 month), -10.9% (3 months).
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (648.6) is above 200-day average (612.0) - positive signal.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 4,253,819 vs down days: 678,650. Ratio: 6.27x
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
Fundamental & Technical Analysis
67Overall
65Fundamental
69Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 10.4% (GOOD, 11/15). Profit CAGR: 6.3% (MODERATE, 8/15).
Profit Margin
5/10
DECENT EFFICIENCY! 10.1% profit margin - acceptable profitability.
PEG Valuation
0/10
OVERVALUED! PEG of 17.62 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.04% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.44 - strong balance sheet.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 4.97% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (648.6) is above 200-day average (612.0) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (638.1) above 200-day but below 50-day.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
2/10
WEAK YEAR! Stock declined 15.4% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 4,253,819 vs down days: 678,650. Ratio: 6.27x
RSI
3/5
NEUTRAL! RSI at 53.2 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 44.1% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 7.3% (1 week), -1.4% (1 month), -10.9% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
ATGL
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-28 | Concall PDF | |
| Q2FY262026-01-30 | Concall PDF |
Peer Comparison
Utilities · Utilities - Regulated Gas · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ATGL | ₹638.10 | 111 | 10.1% | 10.4% | 6.3% | -15.4% | 67 | HIT RESISTANCE | -14.2% | -15.8% | +27.2% | +12.6% |
| GAIL | ₹172.80 | 11.5 | 6.7% | -0.9% | 10.5% | -3.9% | 67 | APPROACHING SUPPORT | +96.9% | +214.2% | +16.7% | +15.8% |
| IGL | ₹148.90 | 16.3 | 8.1% | 4.6% | -1.9% | -29.8% | 54 | APPROACHING SUPPORT | -44.0% | -29.4% | +17.2% | +10.2% |
| MGL | ₹1,080.90 | 14.9 | 8.4% | 9.3% | 2.1% | -17.2% | 58 | APPROACHING RESISTANCE | -39.4% | +48.6% | +13.9% | +15.6% |
| IRMENERGY | ₹271.90 | 15.3 | 6.5% | 2.8% | -5.5% | -22.1% | 55 | CONSOLIDATING UP | +143.2% | +164.1% | +24.2% | +16.5% |
| NHPC | ₹75.70 | 27.7 | 31.1% | 2.0% | -1.2% | -12.3% | 55 | HIT RESISTANCE | +2.9% | -24.9% | +18.5% | +35.3% |
| TORNTPOWER | ₹1,262.00 | 27.4 | 8.0% | 4.0% | 4.5% | -0.8% | 59 | BOUNCE FROM SUPPORT | -12.7% | +100.8% | +2.8% | +26.8% |
| NTPCGREEN | ₹91.30 | 147.3 | 18.5% | 156.2% | 45.1% | -14.7% | 71 | APPROACHING RESISTANCE | +38.3% | +54.8% | +62.7% | +21.3% |
Data from TradeAlone · Updated daily
