NSE: IGL | BSE: 532514

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226.10 6.63 (3.02%)

High volume today

NSE 04 Jul, 2025 3:31 PM (IST)

31,654

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Above industry Median

1.1

Beta 1Year

Average volatility

Indraprastha Gas Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IGL, BSE:532514 Indraprastha Gas Ltd.

Indraprastha Gas Ltd.

09 Sep 2020

226.10

3.02%

IGL

Buy: Indraprastha Gas Ltd.

Target

Dolat Capital

Number of FII/FPI investors decreased from 305 to 277 in Mar 2025 qtr

Indraprastha Gas Ltd.

27 Aug 2020

226.10

3.02%

Indraprastha Gas

Hold: Indraprastha Gas Ltd.

Target

ICICI Securities Limited

IGL's volume declined sharply 56.6% YoY to 2.7 mmscmd during the quarter on account of lockdown. CNG sales volume fell 65.6% YoY to 1.6 mmscmd (our estimate: 2.2 mmscmd) due to travel restrictions. PNG volumes also degrew 30.3% YoY to 1.1 mmscmd (our estimate: 1.2 mmscmd). Within PNG segment, domestic PNG segment reported strong growth of 39% YoY while industrial/commercial PNG segment de-grew 40% YoY. CNG & industrial/commercial PNG volumes are expected to remain subdued due to extended lockdown in the near term. We expect volume growth to be witnessed from Q4FY21E onwards. We estimate sales volumes at 5.1...

Number of FII/FPI investors decreased from 305 to 277 in Mar 2025 qtr

Indraprastha Gas Ltd.

26 Aug 2020

226.10

3.02%

Q1FY21 Result Update - Muted performance, but volume recovery encouraging - BUY

Buy: Indraprastha Gas Ltd.

Target

Prabhudas Lilladhar

Lockdowns hit volume growth: Indraprastha Gas' (IGL's) Q1FY21 volumes were hit by pandemic related lockdowns and were at 247mscm (-57% YoY). For Q1FY21, CNG and PNG volumes were at 105m kgs (-66% YoY) and...

Indraprastha Gas Ltd. has an average target of 205.25 from 7 brokers.

Indraprastha Gas Ltd.

26 Aug 2020

226.10

3.02%

Indraprastha Gas (REDUCE): Volumes slump; raise to REDUCE post correction

Sell: Indraprastha Gas Ltd.

Target

BOB Capital Markets Ltd.

Indraprastha Gas' (IGL) Q1FY21 EBITDA was a tad below estimates at Rs 0.8bn (77% YoY).

Indraprastha Gas Ltd. is trading at high day volume of 12.8M.

Indraprastha Gas Ltd.

26 Aug 2020

226.10

3.02%

IGL

Buy: Indraprastha Gas Ltd.

Target

Dolat Capital

IGL volume at 2.71 MMSCMD (down 56.6% YoY) with realizations of Rs 25.6 per SCM (down 7.1% YoY) was below our estimates. Volumes in CNG segment took a bigger hit followed by de-growth in...

Indraprastha Gas Ltd. is trading above all available SMAs

Indraprastha Gas Ltd.

19 Jun 2020

226.10

3.02%

Indraprastha Gas

Hold: Indraprastha Gas Ltd.

Recommendation Target

ICICI Securities Limited

IGL's volumes declined marginally YoY to 6.2 mmscmd during the quarter on account of CNG volume de-growth. CNG sales volume fell 2.5% YoY to 4.5 mmscmd (our estimate: 4.3 mmscmd) due to travel restrictions imposed in the last week of March. On the PNG front, volumes increased 4.9% YoY to 1.7 mmscmd in line with our estimates. Domestic PNG segment reported 17% YoY growth while industrial/commercial PNG segment grew 9% YoY. CNG & industrial/commercial PNG volumes in H1FY21E are likely to stay subdued due to extended lockdown in April & May. We estimate volume...

Indraprastha Gas Ltd. is trading above all available SMAs

Indraprastha Gas Ltd.

18 Jun 2020

226.10

3.02%

Indraprastha Gas (SELL): Volume concerns worsen downgrade to SELL

Sell: Indraprastha Gas Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Indraprastha Gas' (IGL) Q4FY20 EBITDA was in line at Rs 3.8bn (+13.7% YoY).

Number of FII/FPI investors decreased from 305 to 277 in Mar 2025 qtr

Indraprastha Gas Ltd.

18 Jun 2020

226.10

3.02%

CNG volumes sway amidst COVID-19 crisis

Neutral: Indraprastha Gas Ltd.

Target

Motilal Oswal

18 June 2020 Volumes were lower 1% YoY at 6.2mmscmd. CNG volumes were down 3% YoY to 4.49mmscmd while PNG volumes were up 5% YoY to 1.74mmscmd (primarily led by higher cooking gas usage). EBITDA/scm was also lower than est. INR7); thus, reported EBITDA came in at INR3.8b (v/s est. Lower other income resulted in PBT of INR3.4b (+3% YoY). Tax rate for the quarter stood at 25.4%, clocking PAT of INR2.

Indraprastha Gas Ltd. has an average target of 205.25 from 7 brokers.

Indraprastha Gas Ltd.

17 Jun 2020

226.10

3.02%

Q4FY20 Result Update - Solid performance in a tough environment - BUY

Buy: Indraprastha Gas Ltd.

Target

Prabhudas Lilladhar

in CNG volumes. Recent CNG price hike and low gas prices to support margin. We tweak our FY21/22 earnings estimate to factor in lower volumes as well as higher margins; (IGL's five year EBIDTA CAGR at ~18% with margins growing at 5% and volumes at 12% CAGR). IGL remains an enviable business model with high volume growth due to geographical expansion and addition of new buses and taxis. Also, shift to private vehicle ownership post Covid pandemic will subsequently drive CNG volumes. IGL remains a play on rising pollution concerns as ban on competing industrial fuel is a major positive....

Number of FII/FPI investors decreased from 305 to 277 in Mar 2025 qtr

Indraprastha Gas Ltd.

31 Mar 2020

226.10

3.02%

Indraprastha Gas

Buy: Indraprastha Gas Ltd.

Recommendation Target

ICICI Securities Limited

Crude prices witnessed a sharp decline in March due to spread of Covid-19 across the globe and Opec deal failure. A likely increase in oil output by both Saudi Arabia and Russia from Q1FY21E and lower demand are expected to lead to a sizeable oversupply in the oil market. Subsequent low oil prices are expected to significantly affect ONGC's profitability....

Indraprastha Gas Ltd. is trading at high day volume of 12.8M.

Is Indraprastha Gas Ltd. worth buying?

728 Votes:

Buy 81.59%

Sell 10.58%

Hold 7.83%

RESEARCH REPORTS

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