Adani Total Gas Share Price: Stock Analysis, History, & Forecast

Adani Total Gas Share Price 2023

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. 

Adani Total Gas Share Price

You can refer to the tabulated data to get Adani Total Gas share Price details.

Open PricePrev. CloseVolumeValue (lacs)
2,145.002,342.40433,0469,130.23

Check out the tabulated data to know more about the fundamentals of Adani Gas:

Market CapINR 2,31,861 CrROE 23.42%
P/E Ratio (TTM)508.13EPS(TTM)4.61
P/B Ratio106.62Dividend Yield0.01%
Industry P/E15.43Book Value24.43
Debt to Equity0.45Face Value1

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:

NameDesignation
Chandra IyengarIndependent Director
Friga Noy AhlemDirector
Gauri TrivediIndependent Director
Gautam S AdaniChairman
Gunjan TaunkCo. Secretary & Compl. Officer
Maheswar SahuIndependent Director
Naresh Kumar NayyarIndependent Director
Olivier SabrieDirector
Parag ParikhChief Financial Officer
Pranav V AdaniDirector
Shashi ShankerIndependent Director
Suresh P ManglaniChief 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’22Mar’21Mar’20Mar’19Mar’18
INCOME:     
Sales Turnover3,206.361,784.471,990.901,823.491457.65
Excise Duty168.5588.87116.35104.5383.99
NET SALES3037.811695.61874.551718.961373.66
Other Income41.544.3644.3986.6880.06
TOTAL INCOME3079.311739.961918.941805.641453.72
EXPENDITURE:     
Manufacturing Expenses54.2427.135.3932.2926.8
Material Consumed1939.33777.521070.721102.94882.65
Personal Expenses54.7351.5247.464238.9
Selling Expenses6.792.283.287.911.65
Administrative Expenses209.72132.86122.9479.1858.41
Expenses Capitalised00000
Provisions Made00000
TOTAL EXPENDITURE2264.81991.281279.791264.321008.41
Operating Profit773704.32594.76454.64365.25
EBITDA814.5748.68639.15541.32445.31
Depreciation82.7362.5250.767.3161.01
Other Write-offs00000
EBIT731.77686.16588.45474.01384.3
Interest52.7340.4841.0589.85125.33
EBT679.04645.68547.4384.16258.97
Taxes174.38159.26111.16127.8194.39
Profit and Loss for the Year504.66486.42436.24256.35164.58
Non Recurring Items0.41-14.32-1.11-28.240.15
Other Non-Cash Adjustments00000
Other Adjustments-0.41-0.151.110.6-0.15
REPORTED PAT504.66471.95436.24228.71164.58
KEY ITEMS     
Preference Dividend00000
Equity Dividend27.5043.6900
Equity Dividend (%)25039.7300
Shares in Issue (Lakhs)10998.110998.110998.110998.12567.42
EPS – Annualised (Rs)4.594.293.972.086.41

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:

DatePriceOpenHighLowVol.Change %
2023-01-012,108.203,699.903,998.902,108.201.89M-42.91%
2022-12-013,692.853,650.953,999.003,100.107.01M0.0165
2022-11-013,632.753,620.903,912.403,501.005.96M0.0083
2022-10-013,602.853,329.903,658.702,965.656.48M0.0787
2022-09-013,339.853,684.053,764.953,251.109.39M-10.82%
2022-08-013,744.953,144.003,816.002,811.009.98M0.1975
2022-07-013,127.202,392.553,158.002,362.459.51M0.3069
2022-06-012,392.902,380.902,585.601,948.0011.70M-0.21%
2022-05-012,397.902,451.002,624.002,145.008.87M-2.16%
2022-04-012,450.952,178.552,740.002,155.657.29M0.1401
2022-03-012,149.801,592.002,242.901,550.305.68M0.3534
2022-02-011,588.501,830.001,880.001,510.303.52M-12.78%
2022-01-011,821.251,685.051,890.001,685.053.91M0.0578
2021-12-011,721.801,620.001,987.101,513.154.45M0.0762
2021-11-011,599.851,374.551,715.001,374.558.94M0.1114
2021-10-011,439.451,425.001,483.701,345.008.03M0.0115
2021-09-011,423.151,525.101,525.101,267.559.25M-2.02%
2021-08-011,452.50892.551,452.558435.53M0.6274
2021-07-01892.55968.9968.9774.957.75M-12.48%
2021-06-011,019.851,360.001,679.001,019.8520.36M-24.39%
2021-05-011,348.851,135.001,400.001,120.2075.61M0.1721
2021-04-011,150.759851,249.9595050.40M0.1971
2021-03-01961.25523.3971.35516.558.84M0.8767
2021-02-01512.2385.25542.8376.242.81M0.3442

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.

Arushi Jain Fiercely creative and insanely productive, Arushi Jain is a content writer at Square Yards. Writing since she was fourteen, she aims to publish a novel someday. When not writing, she’s scrolling her Instagram feed or crossing items off her food bucket list.
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