Indraprastha Gas Ltd
NSE:IGL

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Indraprastha Gas Ltd Logo
Indraprastha Gas Ltd
NSE:IGL
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Price: 175.92 INR 1.56% Market Closed
Market Cap: ₹246.3B

Operating Margin

7.6%
Current
Declining
by 2.9%
vs 3-y average of 10.5%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
7.6%
=
Operating Income
₹13.1B
/
Revenue
₹172.6B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
7.6%
=
Operating Income
₹13.1B
/
Revenue
₹172.6B

Peer Comparison

Country Company Market Cap Operating
Margin
IN
Indraprastha Gas Ltd
NSE:IGL
246.1B INR
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ES
Naturgy Energy Group SA
MAD:NTGY
25.6B EUR
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US
Atmos Energy Corp
NYSE:ATO
27.7B USD
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IT
Snam SpA
MIL:SRG
20.1B EUR
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HK
Hong Kong and China Gas Co Ltd
HKEX:3
141.3B HKD
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JP
Osaka Gas Co Ltd
TSE:9532
2.5T JPY
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JP
Tokyo Gas Co Ltd
TSE:9531
2.5T JPY
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IT
Italgas SpA
MIL:IG
10.6B EUR
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IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR
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VN
Petrovietnam Gas Joint Stock Corp
VN:GAS
270T VND
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CN
ENN Energy Holdings Ltd
HKEX:2688
77B HKD
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Market Distribution

In line with most companies in India
Percentile
51st
Based on 5 437 companies
51st percentile
7.6%
Low
-153 833.3% — 2.7%
Typical Range
2.7% — 13.2%
High
13.2% — 9 977%
Distribution Statistics
India
Min -153 833.3%
30th Percentile 2.7%
Median 7.3%
70th Percentile 13.2%
Max 9 977%

Indraprastha Gas Ltd
Glance View

Indraprastha Gas Ltd. (IGL) has emerged as a pivotal player in India's energy sector, catering to the bustling city of Delhi and its adjoining regions with an indispensable service: the distribution of natural gas. The company was founded in 1998 and is intricately woven into the urban fabric by offering cleaner energy solutions through its vast pipeline network. IGL ensures the delivery of compressed natural gas (CNG) for vehicles and piped natural gas (PNG) for households, industries, and commercial establishments. This operational strategy taps into the growing demand for eco-friendly alternatives, as cities worldwide push for reductions in carbon emissions. By partnering with major fuel retailers and having an extensive network of CNG stations, IGL has firmly established itself as a go-to provider for clean automotive fuel in Northern India. Financially, Indraprastha Gas Ltd. generates revenue primarily through the sale of these two core products: CNG and PNG. The company's strategy hinges on expanding its infrastructure to reach new customers, facilitating higher consumption of natural gas. As urbanization accelerates and policies increasingly favor environmentally sustainable practices, IGL has leveraged this shift, fostering consistent sales growth. Furthermore, its profitability is underscored by efficient operations and strategic pricing, which balances competitiveness with margin preservation. Amidst India's mounting energy needs, IGL not only profits from meeting current demands but is also poised to capture future market opportunities as it invests in scaled, resilient, and greener distribution networks.

IGL Intrinsic Value
188.09 INR
Undervaluation 6%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
7.6%
=
Operating Income
₹13.1B
/
Revenue
₹172.6B
What is Indraprastha Gas Ltd's current Operating Margin?

The current Operating Margin for Indraprastha Gas Ltd is 7.6%, which is below its 3-year median of 10.5%.

How has Operating Margin changed over time?

Over the last 3 years, Indraprastha Gas Ltd’s Operating Margin has decreased from 14.2% to 7.6%. During this period, it reached a low of 7.6% on Sep 30, 2025 and a high of 14.2% on Sep 30, 2022.

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