Q4 2026 Indraprastha Gas Ltd Earnings Call Transcript
Key Points
- Indraprastha Gas Ltd (BOM:532514) achieved a 10% increase in CNG sales volume in kg terms compared to the previous year.
- The company reported an 8% increase in gross turnover, reaching INR17,785 crores from INR16,340 crores in the previous year.
- There was a 17% sales volume increase in new geographical areas.
- Indraprastha Gas Ltd crossed the milestone of 1,000 CNG stations, enhancing fuel availability.
- The company plans a CapEx of INR1,400 to INR1,500 crores to expand pipeline infrastructure, aiming for a sales volume of 10.6 mm CMD by FY27.
- EBITDA declined by 6% to INR1,850 crores, and PAT decreased by INR103 crores compared to the previous year.
- The company faced challenges in gas sourcing due to geopolitical volatility and increased gas prices.
- There was a one-time impact of reversal of OMC margin of INR114 crores affecting profitability.
- The input gas cost increased by 25% from pre-war levels, impacting margins.
- Concerns were raised about the potential impact of electric vehicles on the CNG industry, which could affect future growth.
Ladies and gentlemen, good day, and welcome to Indraprastha Gas Limited Q4 FY26 Earnings Conference Call hosted by ICICI Securities Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Probal Sen from ICICI Securities. Thank you and over to you, sir.
Thank you, [Nirav]. Good afternoon, everyone. I would like to welcome everyone for making the time to attend this call and would like to welcome the senior management who has made the time to do this post-regard call. The format will be pretty similar to what is normally done. We would include the management for their opening remarks, and then we would have an interactive Q&A session.
We have with the senior members of the management of IGN, including Mr. Kamal Kishore Chatiwal, the ED; Mr. Mohit Bhatia, the Director of Commercial; Mr. Sanjay Kumar, the CFO; and Mr. Manjeet Singh, the VP Finance.
Without further ado, I would like to hand over to the management for the
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