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
₹594.50
-6.88% 1W | -2.90% 52W
Market Cap
65.4k CR
P/E Ratio
103.4
52W High
₹859.9
52W Low
₹462.8
Div. Yield
0.04%
Beta
0.6
50 DMA
₹639.4
200 DMA
₹613.1
Profit Margin
10.1%
Inst. Own.
7.4%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
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
66
Overall
65
Fundamental
67
Technical
Risks (4)
OVERVALUED! PEG of 16.41 means expensive relative to growth rate.
WEAK POSITION! Current price (594.5) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 6.9% (1 week), 6.6% (1 month), 18.7% (3 months).
WEAK YEAR! Stock declined 2.9% in the last year.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (639.4) is above 200-day average (613.1) - positive signal.
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 4,555,609 vs down days: 753,774. Ratio: 6.04x
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
Fundamental & Technical Analysis
66Overall
65Fundamental
67Technical
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 16.41 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
10/10
BULLISH TREND! 50-day average (639.4) is above 200-day average (613.1) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (594.5) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
3/10
WEAK YEAR! Stock declined 2.9% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 4,555,609 vs down days: 753,774. Ratio: 6.04x
RSI
4/5
APPROACHING OVERSOLD! RSI at 39.9 - watch for reversal.
52W Range
2/5
LOWER HALF! Trading at 33.2% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 6.9% (1 week), 6.6% (1 month), 18.7% (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 | ₹594.50 | 103.4 | 10.1% | 10.4% | 6.3% | -2.9% | 66 | CONSOLIDATING DOWN | -14.2% | -15.8% | +27.2% | +12.6% |
| IGL | ₹143.40 | 15.7 | 8.1% | 4.6% | -1.9% | -29.9% | 54 | BREAKDOWN | -44.0% | -29.4% | +17.2% | +10.2% |
| GAIL | ₹172.40 | 11.5 | 6.7% | -0.9% | 10.5% | -2.1% | 67 | APPROACHING RESISTANCE | +96.9% | +214.2% | +16.7% | +15.8% |
| MGL | ₹1,048.80 | 14.5 | 8.4% | 9.3% | 2.1% | -14.9% | 58 | BREAKDOWN | -39.4% | +48.6% | +13.9% | +15.6% |
| IRMENERGY | ₹265.40 | 14.9 | 6.5% | 2.8% | -5.5% | -23.5% | 51 | BREAKDOWN | +143.2% | +164.1% | +24.2% | +16.5% |
| TORNTPOWER | ₹1,237.20 | 26.8 | 8.0% | 4.0% | 4.5% | +2.5% | 57 | HIT RESISTANCE | -12.7% | +100.8% | +2.8% | +26.8% |
| NHPC | ₹74.50 | 27.3 | 31.1% | 2.0% | -1.2% | -11.5% | 55 | HIT RESISTANCE | +2.9% | -24.9% | +18.5% | +35.3% |
| NTPCGREEN | ₹92.20 | 128.1 | 18.5% | 156.2% | 45.1% | -3.8% | 73 | APPROACHING RESISTANCE | +38.3% | +54.8% | +62.7% | +21.3% |
Data from TradeAlone · Updated daily