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    IRM Energy

    City Gas Distribution company supplying PNG (domestic/commercial/industrial) and CNG across four PNGRB-authorised geographical areas in Gujarat, Punjab and Tamil Nadu.

    Oil, Gas & Consumable Fuels
    Energy
    View IRMENERGY earnings calls
    ₹279.85
    +4.16% from avg

    Overview

    Price

    ₹279.85

    Market Cap

    ₹1.0k Cr

    Sector

    Oil, Gas & Consumable Fuels

    Energy

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2729293041414141
    Reserves4868193295870899930956
    Borrowings1451902353412511528273
    Other Liabilities505297127135177188226
    Total Liabilities2693385557931.3k1.3k1.2k1.3k
    AssetsFixed Assets198241300381557649681788
    CWIP29205291878810799
    Investments08368742635347
    Other Assets4270166234611469400362
    Total Assets2693385557931.3k1.3k1.2k1.3k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating3144451295312094143
    Cash from Investing-86-76-42-110-208-291-199-44
    Cash from Financing64351015118380-116-96
    SummaryCapital Expenditure
    Free Cash Flow-56-311038-109-58-36-39
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    IRMENERGY · CAPITAL_INTENSIVE

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