Inve India ▾

IRM Energy share price & results

IRM Energy· Oil, Gas & Consumable Fuels· Energy

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

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

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

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

MetricValueChangeBasisPeriodNote
Revenue326 ₹ crore+24.4% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin19.0 %+9.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit34.0 ₹ crore+142.9% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity7.64 %+0.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-3.56 %+0.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)11.55 %+0.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

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

Guidance

What management said, and what became of it

3 of 7 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

IRM Energy management guidance track record on Inve: 17 targets tracked across analysed earnings calls (3 achieved, 4 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Total CNG Stations150-plus stations in our kitty by March 31st
Call transcript, Q3 FY26 · 5 Feb 2026		Q3 FY26Q1 FY27:Promise period ended. No new update.
Call transcript, Q1 FY27 · 7 Aug 2026		Achieved
Overall Volume Growth10% to 12% range by the end of this year
Call transcript, Q3 FY26 · 5 Feb 2026		Q3 FY26Q1 FY27:Promise period ended. No new update.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
Overall Volume Growth12% to 15%
Call transcript, Q3 FY26 · 5 Feb 2026		Q3 FY26Q1 FY27:Guidance revised down to 10-12% for FY27 (targeting 250 MMSCM), a significant reduction from the '30% plus' expectation given in Q4 FY26.
Call transcript, Q1 FY27 · 7 Aug 2026		Revised Down

Source: Inve Guidance Tracker for IRM Energy · 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.

4 of IRM Energy's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹243.45 +5.32% · +₹12.3

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

Performance −24.1% 1Y

₹200₹250₹300₹350Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 5 Feb 2026Q4 FY26 — 8 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹320.8 on 24 Oct 2025 → ₹243.45. High ₹357.08 (29 Apr 2026), low ₹176.06 (27 Mar 2026).

Previous close
₹231.15
Market cap
₹949 Cr
52-week range
₹176.06 – ₹357.08
One year
−23.12%
Price to earnings (TTM to Jun 2026)
12.82×
Return on equity (TTM to Jun 2026)
7.64%

Overview

Symbol
NSE:IRMENERGY
Industry
Energy
Exchange
NSE
Currency
INR

What IRM Energy does

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

IRM Energy builds, owns and operates City Gas Distribution (CGD) infrastructure under long-term PNGRB authorisations, laying steel and MDPE pipeline networks to supply piped natural gas (PNG) to domestic, commercial and industrial customers and compressed natural gas (CNG) through retail stations for vehicles. It sources gas via national cross-country pipelines (GSPL, GAIL) and a mix of APM, spot/IGX, HPHT and long-term/spot RLNG and LNG contracts, and has recently begun LNG dispensing. The company is part of the Cadila Group (promoted by the family behind Cadila Pharmaceuticals) and entered the CGD sector in 2015.

Segments

  • PNG Domestic
  • PNG Commercial
  • PNG Industrial
  • CNG
  • LNG
Geographical Areas (GAs) authorised
4 (Banaskantha; Fatehgarh Sahib; Diu & Gir Somnath; Namakkal & Tiruchirappalli), covering 6 districts
CNG stations
150
CNG dispensing points
552
PNG domestic connections
83,262
PNG commercial connections
496
PNG industrial connections
223
Founded 2015Headquarters Ahmedabad, Gujarat, IndiaEmployees 220 (FY25) Company website

How the price took the results

close before → close after

Q1 FY27
+0.4%
7 Aug
Q4 FY26
−4.1%
9 May
Q3 FY26
+0.7%
5 Feb

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.

Your own record

Start an Inve Case for IRM Energy

Free account: one company. Everything above stays public.

Write why you follow IRM Energy and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Oil, Gas & Consumable Fuels companies

All Oil, Gas & Consumable Fuels companies → · Oil, Gas & Consumable Fuels earnings growth →

Learn to analyse IRM Energy

Guides on how to read this kind of business and the numbers that matter.