Adani Total Gas (NSE:ATGL) EBIT: ₹10,113 Mil (TTM As of Mar. 2026)


NSE:ATGL Adani Total Gas Ltd NSE:ATGL
93 GF Score
Price ₹719.80
GF Value ₹843.41
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Adani Total Gas EBIT?

Adani Total Gas NSE:ATGL +0.06% 93 EBIT is ₹10,113 Mil as of Mar. 2026. GuruFocus rates NSE:ATGL with a GF Score™ of 93/100 and a GF Value™ of ₹843.41 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Adani Total Gas's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹2,618 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹10,113 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adani Total Gas's annualized ROC % for the quarter that ended in Mar. 2026 was 7.33%. Adani Total Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adani Total Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.24%.


Adani Total Gas  (NSE:ATGL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Adani Total Gas's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=9502 * ( 1 - 25.82% )/( (0 + 96181)/ 1 )
=7048.5836/96181
=7.33 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Adani Total Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10473.2/( ( (0 + max(0, 0)) + (62620.4 + max(-6238, 0)) )/ 1 )
=10473.2/( ( 0 + 62620.4 )/ 1 )
=10473.2/62620.4
=16.72 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4185.4 + 1109.9 + 3224.7) - (7382.1 + 0 + 7375.9)
=-6238

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Adani Total Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=10113.2/814231.483
=1.24 %

* 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.


Adani Total Gas EBIT Related Terms


Adani Total Gas EBIT Historical Data

* Premium members only.

The historical data trend for Adani Total Gas's EBIT 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.

Adani Total Gas EBIT Chart

Adani Total Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,320.70 7,868.70 9,947.30 9,616.90 9,944.80

Adani Total Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,273.80 2,498.90 2,452.20 2,543.80 2,618.30

NSE:ATGL vs ATO, NI, UGI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, Adani Total Gas's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Adani Total Gas EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adani Total Gas's EV-to-EBIT falls into.


NSE:ATGL
93GF Score
Adani Total Gas Ltd NSE:ATGL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adani Total Gas EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹10,113 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹10,113 Mil mean?
Adani Total Gas (NSE:ATGL) has a EBIT of ₹10,113 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adani Total Gas.
Is Adani Total Gas' EBIT too high?
Adani Total Gas' current EBIT is ₹10,113 Mil. Overall, Adani Total Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' EBIT compare to ATO and NI?
Adani Total Gas' EBIT of ₹10,113 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adani Total Gas. Adani Total Gas's current EBIT is ₹10,113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹843.41, compared to a current price of ₹719.80 — trading 14.7% below its estimated fair value. The current EBIT is ₹10,113 Mil. Adani Total Gas' overall GF Score™ is 93/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Adani Total Gas (NSE:ATGL), the current EBIT is ₹10,113 Mil 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 Adani Total Gas (NSE:ATGL) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued. The current stock price of ₹719.80 is trading 14.7% below its estimated GF Value™ of ₹843.41. GuruFocus considers Adani Total Gas to be Modestly Undervalued.

Key valuation signals for NSE:ATGL:

  • EBIT: ₹10,113 Mil
  • GF Value™: ₹843.41 vs. price of ₹719.80 (14.7% below fair value)
  • GF Score™: 93/100 with 8 warning signs

No single metric tells the full story. See the NSE:ATGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adani Total Gas Business Description

Other Exchanges 542066:India
Address S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
93GF Score

Get the complete analysis for NSE:ATGL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹719.80
Price
₹843.41
GF Value