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Indraprastha Gas Limited (532514) Fair Value & Analysis

Utilities · IN · Market cap ₹264B

IG Indraprastha Gas Limited 532514 · BSE
Price₹154.00
Fair Value₹323.04
Upside+109.8%
Quality52/100
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Evidence: High Range ₹242.57 – ₹712.22

Fair value as of: Jul 4, 2026

From 26 valuation models · updated today

Share price −4.7% over the past month.

Price vs Fair Value (12 months)

₹222.04 ₹145.65 Fair Value ₹323.04 Jun 2025 Jul 2026

12‑month range ₹145.65 – ₹222.04 · fair‑value band ₹242.57 – ₹712.22 · the ₹154.00 price screens below the ₹323.04 fair value. As of Jul 4, 2026.

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Analysis

Indraprastha Gas Limited (532514) currently trades at ₹154.00, while our model-based Fair Value estimate is ₹323.04 — implying the stock looks roughly 109.8% undervalued today. We read business quality at 52/100 (solid quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Indraprastha Gas Limited generated revenue of ₹51.6B at a net margin of 19.5%. Revenue declined 22.9% year over year. It earns a return on equity of 19.4%. The stock trades on a trailing P/E of 30.4. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹51.6B
Revenue growth (YoY) -22.9%
Net margin 19.5%
Return on equity 19.4%
P/E ratio 30.4
Operating margin 19.3%
More key figures
EPS (TTM) ₹14.34
Dividend yield 0.6%
EPS growth (YoY) -8.4%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Indraprastha Gas Limited distributes natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors in Delhi and the National Capital Region. It operates 555 CNG stations; and serves 13.74 Lakh households, and 5,578 commercial and industrial consumers. The company's operates 1,150 kilometers of steel pipeline network; and 13,455 kilometers MDPE network. Indraprastha Gas Limited was incorporated in 1998 and is headquartered in New Delhi, India.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Indraprastha Gas Limited reported revenue of ₹165B in FY2025 versus ₹54.4B in FY2021, a compound +31.9%/yr. Reported net income was ₹17.2B in FY2025, compounding +10.0%/yr from FY2021.

Revenue +31.9%/yr
FY21 ₹54.4B
FY22 ₹84.8B
FY23 ₹156B
FY24 ₹155B
FY25 ₹165B
Net income +10.0%/yr
FY21 ₹11.7B
FY22 ₹15.0B
FY23 ₹16.4B
FY24 ₹19.9B
FY25 ₹17.2B

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Frequently asked questions

Is Indraprastha Gas Limited (532514) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹323.04 versus a price of ₹154.00 — about +110% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 532514?
Our model-based fair value for Indraprastha Gas Limited is ₹323.04 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹154.00.
What is the quality score of 532514?
Indraprastha Gas Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Indraprastha Gas Limited (532514)?
Indraprastha Gas Limited reported trailing-twelve-month revenue of about ₹51.6B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 532514?
The net profit margin of Indraprastha Gas Limited is about 19.5%, meaning it keeps roughly 19.5% of revenue as net income. Based on the latest reported figures.
Does Indraprastha Gas Limited pay a dividend?
Indraprastha Gas Limited currently shows a dividend yield of about 0.64% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.