Conference Call with Adani Total Gas Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Non-Electrical company Adani Total Gas announced Q4FY26 & FY26 results Q4FY26 Standalone Financial Highlights: Revenue from Operations: Rs 1,686 crore, representing a 16.44% increase YoY from Rs 1,448 crore and a 3.37% increase QoQ from Rs 1,631 crore. EBIDTA: Rs 310 crore, representing a 13.14% increase YoY from Rs 274 crore and a 0.96% decrease QoQ from Rs 313 crore. Profit Before Tax: Rs 214 crore, representing an 8.08% increase YoY from Rs 198 crore and a 0.94% increase QoQ from Rs 212 crore. Profit After Tax: Rs 156 crore, representing a 4.70% increase YoY from Rs 149 crore and a 0.64% decrease QoQ from Rs 157 crore. Q4FY26 Consolidated Financial Highlights: Revenue from Operations: Rs 1,695 crore, representing a 16.65% increase YoY from Rs 1,453 crore and a 3.42% increase QoQ from Rs 1,639 crore. EBIDTA: Rs 313 crore, representing a 14.23% increase YoY from Rs 274 crore and a 0.32% decrease QoQ from Rs 314 crore. Profit Before Tax: Rs 227 crore, representing an 11.27% increase YoY from Rs 204 crore and a 6.07% increase QoQ from Rs 214 crore. Profit After Tax: Rs 168 crore, representing an 8.39% increase YoY from Rs 155 crore and a 5.66% increase QoQ from Rs 159 crore. FY26 Standalone Financial Highlights: Revenue from Operations: Rs 6,378 crore for FY26, representing an 18.15% increase YoY from Rs 5,398 crore. EBIDTA: Rs 1,225 crore for FY26, representing a 4.97% increase YoY from Rs 1,167 crore. Profit Before Tax: Rs 863 crore for FY26, representing a 0.58% decrease YoY from Rs 868 crore. Profit After Tax: Rs 637 crore for FY26, representing a 1.70% decrease YoY from Rs 648 crore. Cash Profit: Rs 924 crore for FY26, representing a 3% increase YoY. FY26 Consolidated Financial Highlights: Revenue from Operations: Rs 6,409 crore for FY26, representing an 18.42% increase YoY from Rs 5,412 crore. EBIDTA: Rs 1,232 crore for FY26, representing a 5.84% increase YoY from Rs 1,164 crore. Profit Before Tax: Rs 882 crore for FY26, representing an 0.80% increase YoY from Rs 875 crore. Profit After Tax: Rs 656 crore for FY26, representing a 0.31% increase YoY from Rs 654 crore. Business Highlights: Network Expansion: The CNG network expanded to 705 stations (standalone) with 58 new stations added in FY26. Including the JV (IOAGPL), the combined network reached 1,169 stations. Connections: Standalone PNG home connections reached approximately 1.1 million households (added 1.37 lakh in FY26). Total connections including the JV crossed 13.1 lakh. Industrial & Commercial: Standalone I&C; connections reached 9,965 with 666 new connections added during the year. Infrastructure: Completed a cumulative ~15,572 Inch-Km of Steel Pipeline network (standalone). The total pan-India network (including JV) reached 28,005 Inch-Km. Sales Volume: Standalone sales volume grew by 14% YoY to 1,133 MMSCM. Combined volume with JV reached 433 MMSCM in Q4 FY26, a 15% increase YoY. E-mobility (ATEL): Footprint expanded to 5,100 installed EV Charge Points across 26 states/UTs and 226 cities, with an installed capacity of ~54 MW. Biomass (ATBL): Sold 1,654 MT of CBG in FY26. Fermented Organic Manure (FOM) sales crossed 1,500+ tons, with Q4 sales outperforming the combined previous three quarters by 50%. Geopolitical Response: Successfully managed natural gas supply disruptions and price volatility in West Asia since late Feb'26 through nimble and diversified sourcing. Ratings: Maintained an AA+ (stable) credit rating from CARE, CRISIL, and ICRA. Suresh P. Manglani, CEO & ED, ATGL, said: "With resilient execution, underpinned by operational excellence and digital enablement, ATGL delivered strong double-digit growth in volumes and revenues, supported by steady EBITDA expansion. Despite geopolitical disruptions from West Asia, elevated LNG prices, and currency volatility, our nimble and diversified sourcing strategy ensured an uninterrupted gas supply. ATGL’s focus remained on system stability, calibrated expansion with financial prudence, and long-term sustainability, strengthening consumer confidence and ensuring operational excellence. We continued to scale our clean energy infrastructure across CNG, PNG, and e-mobility, with EV charge points crossed the 5,100 mark. During the period, we strengthened our ESG performance through improved sustainability ratings, reinforcing ATGL’s position among leading ESG performers in its peer group." "Aligned with India’s vision to raise natural gas to 15% of the energy mix by 2030, ATGL is well positioned to support the country’s transition to a gas-based and cleaner energy economy." Result PDF