Indraprastha Gas Ltd (IGL) — shareholding pattern, promoter holding, financials and share price
About Indraprastha Gas Ltd (IGL)
Indraprastha Gas Ltd operates in the LPG/CNG/PNG/LNG Supplier industry, within the Oil, Gas & Consumable Fuels sector. It trades on the NSE as IGL and on the BSE under scrip code 532514. Its ISIN is INE203G01027.
Incorporated in the year 1998, Indraprastha Gas Limited (IGL) is in the business of city gas distribution in the National Capital Territory of Delhi. IGL also supplies the gas to the near by regions of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut, Shamli, Kanpur, Muzaffarnagar, Karnal and Rewari, Hamirpur, Fatehpur, Ajmer, Pali, Rajasmand. IGL is formed as a JV promoted by GAIL (India) Limited and Bharat Petroleum Corporation (BPCL). Government of NCT of Delhi is holding 5% equity. [1]
Indraprastha Gas Limited (IGL) is a city gas distribution (CGD) company supplying CNG and piped natural gas (PNG) across 12 geographical areas in four states, operating thousands of kilometres of steel and MDPE pipeline networks and serving over 32.75 lakh household customers, plus industrial and commercial clients, while running a large CNG station network and compression capacity.
Q3 FY26 performance showed steady operational growth with total quarterly sales of 867 million SCM (up 3% YoY) and average daily sales of 9.43 MMSCMD; management reiterated an exit-rate target of 10 MMSCMD and annual incremental volume guidance of ~1 MMSCMD for the coming years, driven by station additions and network expansion.
Listed peers in LPG/CNG/PNG/LNG Supplier: Petronet LNG Ltd, Gujarat Energy Ltd, Mahanagar Gas Ltd, Confidence Petroleum India Ltd, IRM Energy Ltd, Positron Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹154.1 a share on 10 Jul 2026, Indraprastha Gas Ltd (IGL) was valued at a price-to-earnings ratio of 13.98x against an industry P/E of 19.62x and a price-to-book of 2.03x on a book value of ₹75.83 per share as of Mar 2025. Solomo computes return on equity of 14.54% and return on capital employed of 18.68% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 13.98x
- Industry P/E
- 19.62x
- P/B
- 2.03x
- EPS (TTM)
- ₹11.03
- Book value / share
- ₹75.83
- ROE
- 14.54%
- ROCE
- 18.68%
- ROA
- 9.91%
- Debt / equity
- 0.01x
- Dividend yield
- 3.08%
- EBITDA margin
- 14.11%
- 52-week range
- ₹141.74 – ₹223.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indraprastha Gas Ltd (IGL) reported revenue of ₹16,168 crore, net profit of ₹1,544 crore and earnings per share of ₹11.07. That compares with revenue of ₹14,928 crore and net profit of ₹1,713 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹4,163 crore and net profit ₹339 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 7,710 | 14,133 | 14,000 | 14,928 | 16,168 |
| Net profit (₹ cr) | 1,502 | 1,640 | 1,983 | 1,713 | 1,544 |
| EPS (₹) | 10.73 | 11.71 | 14.18 | 12.27 | 11.07 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 16.82% | 18.11% | 24.73% | 6.63% |
| Profit growth | 14.94% | 5.25% | 3.73% | -13.63% |
| Stock price CAGR | 10% | -11% | -14% | -30% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 45% of Indraprastha Gas Ltd (IGL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 10.16% and domestic institutional investors (DII) hold 30.03%. Market capitalisation was ₹21,574 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2003.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091 9.46%, PARAG PARIKH FLEXI CAP FUND 6.9%, HDFC MUTUAL FUND - HDFC MANUFACTURING FUND 5.42%, GOVT OF NCT OF DELHI 5%, SBI LIFE INSURANCE CO. LTD 1.44%, SBI PSU FUND 1.35%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 45% | - | 10.16% | 30.03% | 55% |
| Mar 2026 | 45% | - | 17.08% | 23.26% | 55% |
| Dec 2025 | 45% | - | 16.99% | 24.18% | 55% |
| Sep 2025 | 45% | - | 17.21% | 24.08% | 55% |
| Jun 2025 | 45% | - | 16.82% | 23.99% | 55% |
| Mar 2025 | 45% | - | 14.67% | 26.18% | 55% |
| Dec 2024 | 45% | - | 14.33% | 26.12% | 55% |
| Sep 2024 | 45% | - | 19.29% | 23.19% | 55% |