AnnualReportAI — Business Intelligence
Financial & Valuation Intelligence™

Adani Total Gas Limited

NSE
ATGL
Sector: Oil, Gas & Consumable Fuels· LPG/CNG/PNG/LNG Supplier
Current Price
₹524.4
Market Cap
₹58.40K Cr
AI Financial Summary

Adani Total Gas Limited demonstrates steady revenue expansion in the competitive energy distribution sector, yet faces significant valuation headwinds as its current market price exceeds estimated intrinsic value. While operational efficiency remains high, the company's capital-intensive nature impacts long-term free cash flow consistency.

Business Performance (CAGR)

10 Years
Revenue
20.0%
PAT
19.1%
EPS
-0.7%
Book Value
1.4%
Free Cash Flow
-0.6%

Valuation Snapshot

P/E85.5
P/B11.5
EV/EBITDA50.3
P/S9.9
Div Yield0.05%

Financial Health

Debt to Equity0.46
Interest Coverage7.8x
Current Ratio0.43
Cash & Investments₹2.19K Cr

Profitability Metrics

ROE
13.5%
ROCE
14.2%
ROA
6.9%
EBITDA Mgn
20.3%
Op Margin
17.2%
Net Margin
11.1%

Cash Flow Intelligence

Operating Cash Flow₹1.15K Cr
Free Cash Flow₹114 Cr
Cash Conversion175.2%
FCF Margin1.9%

Intrinsic Value

Premium
Estimated Intrinsic Value
████████
Current Price₹524.4
Margin of Safety██.██%
Unlock with Premium

Estimated Intrinsic Value & DCF Fair Value are available with Premium plans.

AI Business Verdict

While the business displays solid operational foundations, the current market valuation provides little margin of safety, suggesting that the company is fully priced for high performance expectations.

  • Consistent top-line growth trends.
  • High cash conversion efficiency from earnings.
  • Established strategic infrastructure in key energy segments.

Balance Sheet

AI-Powered Analysis
Balance Sheet Strength™
70/100
Good

Adani Total Gas Limited maintains a balanced sheet with adequate liquidity and manageable leverage.

AI Confidence
92%
Stability
72
Flexibility
64
Strength Factors
Liquidity42
Leverage86
Working Capital82
Asset Quality78
Shareholder Strength69
Financial Stability72
Financial Flexibility™
64/100
Good

Capacity to fund growth, withstand downturns and return capital.

Total Assets
₹9.55K Cr
▲ 19.1% YoY
Total Liabilities
₹4.68K Cr
▲ 23.0% YoY
Shareholder Equity
₹4.86K Cr
▲ 15.6% YoY
Net Cash Position
₹-61 Cr
Monitor
Debt / Equity
0.46x
Manageable
Enterprise Value
₹58.46K Cr
Capital Structure
Assets
₹9.55K Cr
Equity
₹4.86K Cr (50.9%)
Liabilities
₹4.68K Cr (49.1%)
Debt Intelligence™
Debt vs Cash Trend
Debt / Equity0.46x
Interest Coverage7.8x
Debt / EBITDA3.44x
Net Debt₹61 Cr
Debt Trend (5Y)10.9%
Debt MaturityWell Staggered
Liquidity Intelligence™
Current Ratio0.43
Quick Ratio0.38
Cash Ratio0.11
Working Capital₹-1.39K Cr
Operating Cash CoverageGood
Short-term LiquidityWeak
Working Capital Intelligence™
CCC Trend
Receivable Days26
Inventory Days7
Payable DaysNot Available
Cash Conversion Cycle33 days
Asset Quality (% of Total Assets)
Cash & Investments5.3%
Property, Plant & Equip.45.2%
ReceivablesNot Available
InventoryNot Available
GoodwillNot Available
Intangible AssetsNot Available
Other Assets33.9%
Shareholder Strength™
Strength Radar
Book Value CAGR (5Y)1.4%
Net Worth CAGR (5Y)21.6%
Retained EarningsGood
Equity Dilution0.00%
Buyback EfficiencyWeak
Dividend Sustain.Strong
Balance Sheet Evolution
Annual
Balance Sheet Risk Monitor
Debt RiskLow
Liquidity RiskHigh
Working Capital RiskLow
Refinancing RiskLow
Asset Quality RiskModerate
Dilution RiskLow
Contingent LiabilityLow
Overall Balance Sheet RiskModerate
Balance Sheet Stress Test™
Economic Slowdown72
Acquisition Capacity71
High Interest Rates78
Dividend Sustainability67
Revenue Decline53
Cash Flow Resilience67
Expansion Capacity66
Overall Resilience Score
68/100
Adequate Resilience
AI Balance Sheet Commentary
Overall Assessment
  • Adani Total Gas Limited maintains a balanced sheet with adequate liquidity and manageable leverage.
What Stands Out
  • Large cash & investment reserves
Areas To Monitor
  • Tight short-term liquidity cushion
  • Slow book value compounding
Financial data based on consolidated numbers and TTM · Source: Company Filings, Annual Report AI Analysis · Data as of: 31/03/2026