Indraprastha Gas Ltd

Indraprastha Gas Ltd gained for a third straight session today. The stock is quoting at Rs 201.32, up 4.34% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 24454.7. The Sensex is at 80801.42, up 0.37%. Indraprastha Gas Ltd has gained around 7.19% in last one month. Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has gained around 10.03% in last one month and is currently quoting at 34138.75, up 1.25% on the day. The volume in the stock stood at 82.78 lakh shares today, compared to the daily average of 72.8 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 201.58, up 4.68% on the day. Indraprastha Gas Ltd is down 9.1% in last one year as compared to a 8.97% jump in NIFTY and a 13.33% jump in the Nifty Energy index.The PE of the stock is 18.41 based on TTM earnings ending March 25.Powered by Capital Market - Live

Total sales volumes for the quarter ended 31 March 2025 were 826.40 million scm, up 4% YoY. Of the total, CNG volumes were 603.64 million scm (up 4% YoY), LNG volumes were 0.30 million scm (up 10x YoY) and total PNG volumes were 222.46 million scm (up 4% YoY). EBIDTA declined by 5% to Rs 497.23 crore in the fourth quarter from Rs 522.55 crore recorded in the same period last year. EBIDTA margin was 13% in Q4 FY25 as against 15% in Q4 FY24. IGL has achieved net profit of Rs 1,467.59 crore in FY2024-25, 16% lower than the net profit of Rs 1,748.08 crore in FY2023-24. The company registered net sales of Rs 14,860.77 crore in FY25, a growth of 7% over FY24. IGL is engaged in the marketing and distribution of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) within the National Capital Territory (NCT) of Delhi. The scrip rose 3.14% to currently trade at Rs 183.80 on the BSE. Powered by Capital Market - Live

Indraprastha Gas announced that the Board of Directors of the Company at its meeting held on 27 April 2025, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 75%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Indraprastha Gas rose 4.92% to Rs 455.14 crore in the quarter ended March 2025 as against Rs 433.79 crore during the previous quarter ended March 2024. Sales rose 9.84% to Rs 3950.84 crore in the quarter ended March 2025 as against Rs 3596.79 crore during the previous quarter ended March 2024. For the full year,net profit declined 13.47% to Rs 1717.76 crore in the year ended March 2025 as against Rs 1985.07 crore during the previous year ended March 2024. Sales rose 6.63% to Rs 14927.80 crore in the year ended March 2025 as against Rs 14000.02 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3950.843596.79 10 14927.8014000.02 7 OPM %12.5614.49 -13.2216.88 - PBDT690.95680.01 2 2658.392956.46 -10 PBT569.70569.12 0 2182.532542.50 -14 NP455.14433.79 5 1717.761985.07 -13 Powered by Capital Market - Live

Indraprastha Gas will hold a meeting of the Board of Directors of the Company on 27 April 2025.Powered by Capital Market - Live

The key benchmark indices traded near the flat line with some positive bias in early afternoon trade. The Nifty traded tad above the 23,350 mark. Media shares extended gains for the third consecutive trading session. At 12:25 IST, the barometer index, the S&P BSE Sensex, advanced 43.68 points or 0.06% to 76,783.23. The Nifty 50 index added 24 points or 0.10% to 23,352.55. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index advanced 0.57% and the S&P BSE Small-Cap index rallied 0.91%. The market breadth was strong. On the BSE, 2,575 shares rose and 1,177 shares fell. A total of 172 shares were unchanged. Derivatives : The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.96% to 15.62. The Nifty 24 April 2025 futures were trading at 23,349.70, at a discount of 2.85 points as compared with the spot at 23,352.55. The Nifty option chain for the 30 April 2025 expiry showed a maximum call OI of 9.6 lakh contracts at the 24,000 strike price. A maximum put OI of 6.3 lakh contracts was seen at a 23,000 strike price. Buzzing Index: The Media index rose 0.99% to 1,563.85. The index jumped 5.72% in three trading sessions. Zee Entertainment Enterprises (up 3.2%), Network 18 Media & Investments (up 2.06%), Tips Music (up 1.99%), D B Corp (up 1.83%), Hathway Cable & Datacom (up 1.35%), Dish TV India (up 0.88%), Nazara Technologies (up 0.33%) and PVR Inox (up 0.13%) advanced. Stocks in Spotlight: Indraprastha Gas (IGL) slipped 2.12% after the company disclosed a reduction in its domestic gas allocation, a move that is expected to impact its profitability. It has received a communication from GAIL (India) the nodal agency for domestic gas distribution stating that its allocation of domestic natural gas for the supply of piped natural gas (PNG) to households and compressed natural gas (CNG) for vehicles has been reduced by approximately 20%, effective 16 April 2025. Unicommerce Esolutions added 1.77%. The company announced the resignation of Bhupinder Garg as chief technical officer (CTO) of the company due to personal reasons, with effect from 15 April 2025. Prozone Realty hit an upper circuit of 2% after the company announced that its board has approved the acquisition of 100% equity shares of Probliss Realty. It will invest Rs 1 lakh to acquire 10,000 equity shares of Rs 10 each at par in Probliss Realty, a private entity incorporated on 24 November 2022, with a paid-up share capital of Rs 1 lakh.Powered by Capital Market - Live

According to a regulatory update, IGL has received a communication from GAIL (India)'the nodal agency for domestic gas distribution'stating that its allocation of domestic natural gas for the supply of piped natural gas (PNG) to households and compressed natural gas (CNG) for vehicles has been reduced by approximately 20%, effective 16 April 2025. Currently, IGL receives gas at a government-fixed price of $6.75/MMBtu. The reduction in this cheaper domestic gas allocation is likely to increase input costs for the company. To partially offset the shortfall, IGL has been allocated additional volumes of New Well Gas (NWG), equivalent to roughly 125% of the reduction in domestic gas. However, this gas comes at a steeper price'12% of the Indian Crude Basket (ICB). The company noted that this shift in allocation and pricing structure is expected to affect its profitability. It has not yet outlined specific steps to mitigate the impact. IGL is engaged in the marketing and distribution of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) within the National Capital Territory (NCT) of Delhi. On a consolidated basis, net profit of IGL declined 31.49% to Rs 326.55 crore while net sales rose 5.70% to Rs 3758.76 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

Indraprastha Gas Ltd fell for a fifth straight session today. The stock is quoting at Rs 190.27, down 1.08% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 23104.35. The Sensex is at 76395.31, up 0.13%.Indraprastha Gas Ltd has eased around 6.31% in last one month.Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has eased around 3.87% in last one month and is currently quoting at 31436.75, down 0.25% on the day. The volume in the stock stood at 21.57 lakh shares today, compared to the daily average of 39.48 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 189.32, down 0.11% on the day. Indraprastha Gas Ltd tumbled 12.5% in last one year as compared to a 6.26% rally in NIFTY and a 18.32% fall in the Nifty Energy index.The PE of the stock is 17.85 based on TTM earnings ending December 24.Powered by Capital Market - Live

Indraprastha Gas Ltd is up for a third straight session in a row. The stock is quoting at Rs 396.1, up 1.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 23261.2. The Sensex is at 76755.34, up 0.29%. Indraprastha Gas Ltd has dropped around 4.7% in last one month. Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has dropped around 5.72% in last one month and is currently quoting at 32607.85, up 1.74% on the day. The volume in the stock stood at 24.77 lakh shares today, compared to the daily average of 47.4 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 396.35, up 1.32% on the day. Indraprastha Gas Ltd is down 7.97% in last one year as compared to a 7.07% gain in NIFTY and a 9.72% gain in the Nifty Energy index.The PE of the stock is 18.17 based on TTM earnings ending December 24.Powered by Capital Market - Live

Net profit of Indraprastha Gas declined 31.49% to Rs 326.55 crore in the quarter ended December 2024 as against Rs 476.62 crore during the previous quarter ended December 2023. Sales rose 5.70% to Rs 3758.76 crore in the quarter ended December 2024 as against Rs 3556.19 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3758.763556.19 6 OPM %9.6315.81 - PBDT530.13700.88 -24 PBT408.47598.97 -32 NP326.55476.62 -31 Powered by Capital Market - Live