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Adani Total Gas share price & results

Adani Total Gas Limited· Oil, Gas & Consumable Fuels· Energy

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

City gas distributor operating CNG stations and piped gas networks, plus EV charging and biogas ventures.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,936 ₹ crore+34.1% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin17.0 %−3.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit167 ₹ crore+3.1% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity12.40 %−2.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin2.73 %+2.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)23.73 %+6.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 6 open · verdicts reflect calls analysed to Q1 FY27.

Adani Total Gas Limited management guidance track record on Inve: 11 targets tracked across analysed earnings calls (2 achieved, 3 missed, 6 open).

TargetOriginal wordingSaidLatest callVerdict
EV Charging Points3,000 charging points by March to April 2025
Call transcript, Q3 FY25 · 27 Jan 2025		Q3 FY25Q1 FY27:Promise was achieved in Q1 FY26. No new updates.
Call transcript, Q1 FY27 · 22 Jul 2026		Achieved
EBITDA per SCMMaintain margins in a similar sort of range (INR 10-12)
Call transcript, Q3 FY25 · 27 Jan 2025		Q3 FY25Q1 FY27:The specific metric remains unaddressed. Management commentary focuses on overall margin compression due to high gas costs.
Call transcript, Q1 FY27 · 22 Jul 2026		Ghosted
FY27 EBITDAaround INR 1,500 crores
Call transcript, Q4 FY26 · 28 Apr 2026		Q4 FY26Q1 FY27:Q1 FY27 EBITDA was ₹281 crore. Annualized, this is ₹1,124 crore, significantly below the ₹1,500 crore target. Management cited severe margin compression.
Call transcript, Q1 FY27 · 22 Jul 2026		At Risk

Source: Inve Guidance Tracker for Adani Total Gas Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Adani Total Gas Limited's 11 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 8 more targets are in the full ledger.

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Price

₹537.75 +1.08% · +₹5.75

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −13.6% 1Y

₹500₹600₹700₹800Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 23 Jan 2026Q4 FY26 — 28 Apr 2026Q1 FY27 — 22 Jul 2026

1Y: ₹622.55 on 24 Oct 2025 → ₹537.75. High ₹808.55 (27 May 2026), low ₹467.9 (9 Mar 2026).

Previous close
₹532
Market cap
₹59.2k Cr
52-week range
₹467.9 – ₹808.55
One year
−13.13%
Price to earnings (TTM to Sept 2026)
92.15×
Return on equity (TTM to Sept 2026)
12.40%

Overview

Symbol
NSE:ATGL
Industry
Energy
Exchange
NSE
Currency
INR

What Adani Total Gas Limited does

Based on the company's own presentations, annual report and earnings calls.

Adani Total Gas Limited (ATGL) is a city gas distribution (CGD) company that builds and operates local natural-gas networks, earning by selling Compressed Natural Gas (CNG) to vehicles through its retail stations and Piped Natural Gas (PNG) to households and to commercial and industrial consumers through underground steel and PE pipeline networks. It holds CGD distribution authorisation directly across 34 Geographical Areas (GAs), with a further 19 GAs operated through its 50:50 joint venture Indian Oil-Adani Gas Private Limited (IOAGPL). Beyond core gas distribution, ATGL has diversified into adjacent energy businesses through wholly owned subsidiaries: Adani TotalEnergies E-Mobility Limited (ATEL), which installs and operates public EV charging points, and Adani TotalEnergies Biomass Limited (ATBL), which produces compressed biogas (CBG) and organic fertiliser. It also holds a 50:50 joint venture, Smart Meter Technologies Private Limited, for gas meter manufacturing.

Segments

  • City Gas Distribution (CGD)
  • E-Mobility
  • Biomass
Geographical Areas (GAs) with gas distribution authorisation
34 owned directly; 53 pan-India including 50:50 JV IOAGPL
CNG stations
647
Domestic (household) PNG connections
962,668 (9.63 lakh)
Steel pipeline network laid
13,772 inch-km
Districts covered across GA footprint
125
Commercial + Industrial PNG connections
9,299 (6,341 commercial + 2,958 industrial)
Founded 2005Headquarters Ahmedabad, Gujarat, India Company website

How the price took the results

close before → close after

Q1 FY27
−2.7%
22 Jul
Q4 FY26
+2.9%
28 Apr
Q3 FY26
−5.6%
23 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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