Indraprastha GasNSE:IGL -0.64%96 Current Ratio is 1.16 as of Mar. 2026, which is 9% below its 10-year median of 1.27. GuruFocus rates NSE:IGL with a GF Score™ of 96/100 and a GF Value™ of ₹235.72 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 507 Utilities - Regulated companies, Indraprastha Gas ranks better than 54.64% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Indraprastha Gas's current ratio for the quarter that ended in Mar. 2026 was 1.16.
Indraprastha Gas has a current ratio of 1.16. It generally indicates good short-term financial strength.
The historical rank and industry rank for Indraprastha Gas's Current Ratio or its related term are showing as below:
NSE:IGL'
s Current Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.27 Max: 1.52
Current: 1.16
During the past 13 years, Indraprastha Gas's highest Current Ratio was 1.52. The lowest was 0.88. And the median was 1.27.
NSE:IGL's Current Ratio is ranked better than 54.64% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs NSE:IGL: 1.16
Indraprastha Gas (NSE:IGL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Indraprastha Gas Current Ratio Related Terms
Indraprastha Gas Current Ratio Historical Data
* Premium members only.
The historical data trend for Indraprastha Gas's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, Indraprastha Gas's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Indraprastha Gas Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Current Ratio distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Indraprastha Gas (NSE:IGL) has a Current Ratio of 1.16 as of Mar. 2026. This is near median its historical median of 1.27. Over the past decade, Indraprastha Gas' Current Ratio has ranged from 0.88 to 1.52. According to the industry distribution chart, Indraprastha Gas ranks #230 out of 507 companies in the Utilities - Regulated industry, placing it in the top 45.4%.
Is Indraprastha Gas' Current Ratio too high?
Indraprastha Gas' current Current Ratio of 1.16 is near median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.52. The Utilities - Regulated industry median Current Ratio is 1.08. Indraprastha Gas' value of 1.16 is 7.4% above this industry median. Based on the distribution chart, Indraprastha Gas ranks #230 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Indraprastha Gas has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #230 out of 507 companies for Current Ratio. This puts Indraprastha Gas in the upper half of its industry. The industry median Current Ratio is 1.08. Indraprastha Gas' value of 1.16 is 7.4% above this benchmark. Historically, Indraprastha Gas' own Current Ratio has ranged from 0.88 to 1.52 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.08, Indraprastha Gas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indraprastha Gas's current Current Ratio of 1.16 is 7.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Current Ratio is 1.16, which is near median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (NSE:IGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹235.72, compared to a current price of ₹155.80 — trading 33.9% below its estimated fair value. The current Current Ratio is 1.16, which is near median its 10-year median of 1.27 and 7.4% above the Utilities - Regulated industry median of 1.08. Indraprastha Gas' overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Indraprastha Gas (NSE:IGL), the current Current Ratio is 1.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Indraprastha Gas (NSE:IGL) Overvalued in 2026?
Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued.
The current stock price of ₹155.80 is trading 33.9% below its estimated GF Value™ of ₹235.72.
GuruFocus considers Indraprastha Gas to be Significantly Undervalued.
Key valuation signals for NSE:IGL:
Current Ratio: 1.16 (near median its 10-year median of 1.27)
GF Value™: ₹235.72 vs. price of ₹155.80 (33.9% below fair value)
Industry Position: 7.4% above the Utilities - Regulated median (#230 of 507)
No single metric tells the full story. See the NSE:IGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
96GF Score
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