Adani Total Gas is a large-cap company with a market cap of Rs 231,861.96 Crore. The main business of the company is operating in the
Gas & Petroleum sector. The main products of Adani Total Gas are Piped Natural Gas (PNG), Compressed Natural Gas (CNG), Other Operating Revenue, and Connection Income for the year ending 31-Mar-2022.
As per the report, for the quarter 30-09-2022, the company has consolidated a total income of Rs 1,125.56 Crore, which is 7.05% from last quarter’s total income, which was Rs 1,051.46 Crore. The company reported a profit after tax of Rs 139.33 Crore in the quarter.
The top management includes Mr.Gautam S Adani, Mr.Suresh P Manglani, Mrs Chandra Iyengar, Ms Gauri Trivedi, Mr.Maheswar Sahu, Mr Naresh Kumar Nayyar, Mr Shashi Shanker, Mr Friga Noy Ahlem, Mr Olivier Sabrie, Mr Pranav V Adani, Mr Parag Parikh, and Mr Gunjan Taunk.
Table of contents
- Adani Total Gas Share Price
- Adani Total Gas Company Information
- History of the Adani Total Gas
- Management of Adani’s Total Gas
- Adani Total Gas Company Location
- Adani Total Gas Company Performance
- Adani Total Gas Stock Returns in 2021 to 2023
- Adani Total Gas Share Price NSE
- Adani Total Gas Share Price BSE
- Adani Total Gas Listings and Indices
- Should You Invest in Adani Total Gas?
- FAQ’s about Adani Total Gas Share Price
Adani Total Gas Share Price
You can refer to the tabulated data to get Adani Total Gas share Price details.
Open Price | Prev. Close | Volume | Value (lacs) |
2,145.00 | 2,342.40 | 433,046 | 9,130.23 |
Check out the tabulated data to know more about the fundamentals of Adani Gas:
Market Cap | INR 2,31,861 Cr | ROE | 23.42% |
P/E Ratio (TTM) | 508.13 | EPS(TTM) | 4.61 |
P/B Ratio | 106.62 | Dividend Yield | 0.01% |
Industry P/E | 15.43 | Book Value | 24.43 |
Debt to Equity | 0.45 | Face Value | 1 |
Note: The above data of Adani Gas share price is mentioned as per the data available on 31 Jan. 2023
Adani Total Gas Company Information
Adani Total Gas developed a City Gas Distribution (CGD) Network. It supplies Piped Natural Gas to the Industrial, Commercial, Domestic and Compressed Natural Gas to the transportation sector. Natural Gas is also a convenient, trustworthy and environment-friendly fuel that permits customers to give a high level of safety, comfort and economic efficiency.
The company has a large gas distribution network in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh. Further, the development of Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and Udhamsingh Nagar gas distribution is granted to the consortium of Adani Total Gas Ltd and Indian Oil Corporation Ltd.
The primary vision of the company is to become a world-class leader in the business industry that will change the lives of several people and contribute to nations in building infrastructure through sustainable creations.
History of the Adani Total Gas
Adani Total Gas Limited was incorporated as ‘Adani Gas Limited’ on 5th August 2005 in Navrangpura Ahmedabad. And, on 1st January 2021, the company changed its name from Adani Gas Limited to Adani Total Gas Limited. The company is in the business of creating city gas distribution networks to offer PNG and CNG to the automotive and industrial, commercial, and residential markets. It is available in 19 different Gujarati regions, Haryana, Madhya Pradesh, Karnataka, Chattisgarh, Sri Lanka Odisha and Rajasthan.
In 2017, Adani Enterprises Limited transferred 25,674,240 (100%) equity shares of the Company by Adani Enterprises Limited to Adani Gas Holdings Limited. As a result, starting on March 29, 2017, the Company became a fully owned subsidiary of Adani Gas Holdings Limited and is still a 100% step-down subsidiary of Adani Enterprises Limited.
The Composite Scheme of Arrangement between Adani Gas Holdings Limited (AGHL), Adani Gas Limited (the Company), and Adani Enterprises Limited (AEL) and their respective shareholders and creditors was adopted by the Board of Directors on January 18, 2018, and is under review. The following explains the composite scheme of arrangement:
(a) To provide the Gas Sourcing and Distribution Business and the other businesses more attention or emphasis.
(b) To make it easier for management to take advantage of possibilities for the gas sourcing and distribution businesses individually as well as for the other businesses.
(c) To increase value for investors by enabling a targeted strategy and specialisation for long-term growth.
(d) To provide scope for independent collaboration and expansion in the gas sourcing and distribution business.
In 2021, 314 new commercial connections were made. On October 8, 2021, it invested the first shares into SMTPL. As of the end of March 2022, the company had built 117 additional CNG stations, bringing the total to 334. After adding more than 85,000 connections in FY22, ATGL has established more than 5.64 lakh domestic connections. Similar to this, it announced a significant increase in industrial and commercial connections, which, as of the end of March 2022, stood at 5676 customers. In terms of steel pipeline construction, it finished 5384-inch km in the GAs assigned in the 9th and 10th rounds, totaling more than 8900 km across locations.
Management of Adani’s Total Gas
The management of Adani Total Gas Ltd. (ADAG), which has excelled and motivated the employees of the company, is listed below:
Name | Designation |
Chandra Iyengar | Independent Director |
Friga Noy Ahlem | Director |
Gauri Trivedi | Independent Director |
Gautam S Adani | Chairman |
Gunjan Taunk | Co. Secretary & Compl. Officer |
Maheswar Sahu | Independent Director |
Naresh Kumar Nayyar | Independent Director |
Olivier Sabrie | Director |
Parag Parikh | Chief Financial Officer |
Pranav V Adani | Director |
Shashi Shanker | Independent Director |
Suresh P Manglani | Chief Executive Officer |
Adani Total Gas Company Location
The Adani Total Gas Ltd. (ADAG) registered office address is mentioned below:
Registered Office:
Adani Corporate House
Shantigram, Near Vaishnodevi Circle, S G Highway, Ahmedabad-382421, Gujarat, India.
Tel: +91-79-27541988
Adani Total Gas Company Performance
The below-mentioned data showcases the information about Adani Total Gas Ltd. (ADAG) over the years:
Mar’22 | Mar’21 | Mar’20 | Mar’19 | Mar’18 | |
INCOME: | |||||
Sales Turnover | 3,206.36 | 1,784.47 | 1,990.90 | 1,823.49 | 1457.65 |
Excise Duty | 168.55 | 88.87 | 116.35 | 104.53 | 83.99 |
NET SALES | 3037.81 | 1695.6 | 1874.55 | 1718.96 | 1373.66 |
Other Income | 41.5 | 44.36 | 44.39 | 86.68 | 80.06 |
TOTAL INCOME | 3079.31 | 1739.96 | 1918.94 | 1805.64 | 1453.72 |
EXPENDITURE: | |||||
Manufacturing Expenses | 54.24 | 27.1 | 35.39 | 32.29 | 26.8 |
Material Consumed | 1939.33 | 777.52 | 1070.72 | 1102.94 | 882.65 |
Personal Expenses | 54.73 | 51.52 | 47.46 | 42 | 38.9 |
Selling Expenses | 6.79 | 2.28 | 3.28 | 7.91 | 1.65 |
Administrative Expenses | 209.72 | 132.86 | 122.94 | 79.18 | 58.41 |
Expenses Capitalised | 0 | 0 | 0 | 0 | 0 |
Provisions Made | 0 | 0 | 0 | 0 | 0 |
TOTAL EXPENDITURE | 2264.81 | 991.28 | 1279.79 | 1264.32 | 1008.41 |
Operating Profit | 773 | 704.32 | 594.76 | 454.64 | 365.25 |
EBITDA | 814.5 | 748.68 | 639.15 | 541.32 | 445.31 |
Depreciation | 82.73 | 62.52 | 50.7 | 67.31 | 61.01 |
Other Write-offs | 0 | 0 | 0 | 0 | 0 |
EBIT | 731.77 | 686.16 | 588.45 | 474.01 | 384.3 |
Interest | 52.73 | 40.48 | 41.05 | 89.85 | 125.33 |
EBT | 679.04 | 645.68 | 547.4 | 384.16 | 258.97 |
Taxes | 174.38 | 159.26 | 111.16 | 127.81 | 94.39 |
Profit and Loss for the Year | 504.66 | 486.42 | 436.24 | 256.35 | 164.58 |
Non Recurring Items | 0.41 | -14.32 | -1.11 | -28.24 | 0.15 |
Other Non-Cash Adjustments | 0 | 0 | 0 | 0 | 0 |
Other Adjustments | -0.41 | -0.15 | 1.11 | 0.6 | -0.15 |
REPORTED PAT | 504.66 | 471.95 | 436.24 | 228.71 | 164.58 |
KEY ITEMS | |||||
Preference Dividend | 0 | 0 | 0 | 0 | 0 |
Equity Dividend | 27.5 | 0 | 43.69 | 0 | 0 |
Equity Dividend (%) | 25 | 0 | 39.73 | 0 | 0 |
Shares in Issue (Lakhs) | 10998.1 | 10998.1 | 10998.1 | 10998.1 | 2567.42 |
EPS – Annualised (Rs) | 4.59 | 4.29 | 3.97 | 2.08 | 6.41 |
Adani Total Gas Stock Returns in 2021 to 2023
You can check the performance data of Adani’s total gas share price from 2021 to 2023, which is mentioned in the tabulated data below:
Date | Price | Open | High | Low | Vol. | Change % |
2023-01-01 | 2,108.20 | 3,699.90 | 3,998.90 | 2,108.20 | 1.89M | -42.91% |
2022-12-01 | 3,692.85 | 3,650.95 | 3,999.00 | 3,100.10 | 7.01M | 0.0165 |
2022-11-01 | 3,632.75 | 3,620.90 | 3,912.40 | 3,501.00 | 5.96M | 0.0083 |
2022-10-01 | 3,602.85 | 3,329.90 | 3,658.70 | 2,965.65 | 6.48M | 0.0787 |
2022-09-01 | 3,339.85 | 3,684.05 | 3,764.95 | 3,251.10 | 9.39M | -10.82% |
2022-08-01 | 3,744.95 | 3,144.00 | 3,816.00 | 2,811.00 | 9.98M | 0.1975 |
2022-07-01 | 3,127.20 | 2,392.55 | 3,158.00 | 2,362.45 | 9.51M | 0.3069 |
2022-06-01 | 2,392.90 | 2,380.90 | 2,585.60 | 1,948.00 | 11.70M | -0.21% |
2022-05-01 | 2,397.90 | 2,451.00 | 2,624.00 | 2,145.00 | 8.87M | -2.16% |
2022-04-01 | 2,450.95 | 2,178.55 | 2,740.00 | 2,155.65 | 7.29M | 0.1401 |
2022-03-01 | 2,149.80 | 1,592.00 | 2,242.90 | 1,550.30 | 5.68M | 0.3534 |
2022-02-01 | 1,588.50 | 1,830.00 | 1,880.00 | 1,510.30 | 3.52M | -12.78% |
2022-01-01 | 1,821.25 | 1,685.05 | 1,890.00 | 1,685.05 | 3.91M | 0.0578 |
2021-12-01 | 1,721.80 | 1,620.00 | 1,987.10 | 1,513.15 | 4.45M | 0.0762 |
2021-11-01 | 1,599.85 | 1,374.55 | 1,715.00 | 1,374.55 | 8.94M | 0.1114 |
2021-10-01 | 1,439.45 | 1,425.00 | 1,483.70 | 1,345.00 | 8.03M | 0.0115 |
2021-09-01 | 1,423.15 | 1,525.10 | 1,525.10 | 1,267.55 | 9.25M | -2.02% |
2021-08-01 | 1,452.50 | 892.55 | 1,452.55 | 843 | 5.53M | 0.6274 |
2021-07-01 | 892.55 | 968.9 | 968.9 | 774.95 | 7.75M | -12.48% |
2021-06-01 | 1,019.85 | 1,360.00 | 1,679.00 | 1,019.85 | 20.36M | -24.39% |
2021-05-01 | 1,348.85 | 1,135.00 | 1,400.00 | 1,120.20 | 75.61M | 0.1721 |
2021-04-01 | 1,150.75 | 985 | 1,249.95 | 950 | 50.40M | 0.1971 |
2021-03-01 | 961.25 | 523.3 | 971.35 | 516.5 | 58.84M | 0.8767 |
2021-02-01 | 512.2 | 385.25 | 542.8 | 376.2 | 42.81M | 0.3442 |
Adani Total Gas Share Price NSE
NSE Share Price: INR 2,108.20
Previous Close: INR 2342.40
Previous Open: 2145.00
Adani Total Gas Share Price BSE
BSE Share Price: INR 2,112.90
Previous Close: INR 2347.65
Opening Price: INR 2131.00
Adani Total Gas Listings and Indices
Key Dates:
Incorporation Year: 2005
Year Ending Month: March 31
AGM Time Period: July
Listing Information:
The listing information of Adani Total Gas is mentioned below:
Face Value: 1.0
Market Lot Of Equity Shares:1
BSE Code: 542066
BSE Group: A
BSE Ltd. and National Stock Exchange of India Ltd. are the two platforms where Adani Total Gas share price is listed.
Should You Invest in Adani Total Gas?
Investing in Adani Total Gas Ltd. (ADAG) is a profitable decision due to its potential to generate higher returns on investment (ROI). This company has a very successful and long history in the Indian investment industry. One of the other reasons why Adani Total Gas Ltd is ideal for financial investment is that the company has a low net debt to EBITDA ratio of only 0.9. The company’s consolidated profit rose by 1.3% to 1.60 billion Indian rupees ($19.30 million) in the July-September quarter of 2022, from 1.58 billion rupees a year earlier.
But before investing make sure to check the rating on Quality and Valuation before investing.
Note: Financial investments are subject to market risk, it is essential to do your own research prior to investing.
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FAQ’s about Adani Total Gas Share Price
Q1. Is Adani Total Gas a good buy?
As per the price trend, currently, the stock market is not doing very well. Adani’s total gas share is likely to rise soon, once the share market is stable again. However, as an investor, it is a good time.
Q2. Does Adani Total Gas give dividends?
Yes, Adani gas gives dividends.
Q3. What is Adani's total gas target price?
Adani’s total gas target price is INR 2625.
Q4. Why is Adani Gas' share increasing?
The Adani total gas share price forecast is going well so far, thus, the share price is increasing.