Indraprastha Gas (NSE:IGL) EBIT: ₹20,006 Mil (TTM As of Mar. 2026)


NSE:IGL Indraprastha Gas Ltd NSE:IGL
97 GF Score
Price ₹170.38
GF Value ₹235.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Indraprastha Gas EBIT?

Indraprastha Gas NSE:IGL +1.45% 97 EBIT is ₹20,006 Mil as of Mar. 2026. GuruFocus rates NSE:IGL with a GF Score™ of 97/100 and a GF Value™ of ₹235.17 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Indraprastha Gas's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹4,544 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹20,006 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indraprastha Gas's annualized ROC % for the quarter that ended in Mar. 2026 was 5.75%. Indraprastha Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indraprastha Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.28%.


Indraprastha Gas  (NSE:IGL) EBIT Explanation

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

Indraprastha 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 )
=11525.2 * ( 1 - 24.15% )/( (0 + 152113.1)/ 1 )
=8741.8642/152113.1
=5.75 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=170283.6 - 10689.1 - ( 45202.7 - max(0, 48234.4 - 55715.8+45202.7))
=152113.1

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

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

Indraprastha 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 )
=18174.4/( ( (0 + max(0, 0)) + (95634.2 + max(-37551.9, 0)) )/ 1 )
=18174.4/( ( 0 + 95634.2 )/ 1 )
=18174.4/95634.2
=19.00 %

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)
=(9201.2 + 607.2 + 704.7) - (10689.1 + 0 + 37375.9)
=-37551.9

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=20006.2/194610.873
=10.28 %

* 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 EBIT Related Terms


Indraprastha Gas EBIT Historical Data

* Premium members only.

The historical data trend for Indraprastha 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.

Indraprastha Gas EBIT Chart

Indraprastha 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 19,646.60 21,310.60 25,493.10 21,928.30 20,006.10

Indraprastha 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 5,733.40 5,504.10 4,901.80 5,056.70 4,543.60

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

For the Utilities - Regulated Gas subindustry, Indraprastha 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.


Indraprastha Gas EV-to-EBIT vs Utilities - Regulated Industry

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

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


NSE:IGL
97GF Score
Indraprastha Gas Ltd NSE:IGL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Indraprastha 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 ₹20,006 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 ₹20,006 Mil mean?
Indraprastha Gas (NSE:IGL) has a EBIT of ₹20,006 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indraprastha Gas.
Is Indraprastha Gas' EBIT too high?
Indraprastha Gas' current EBIT is ₹20,006 Mil. Overall, Indraprastha Gas has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' EBIT compare to ATO and NI?
Indraprastha Gas' EBIT of ₹20,006 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 Indraprastha Gas. Indraprastha Gas's current EBIT is ₹20,006 Mil. 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 Modestly Undervalued. The stock's GF Value™ is ₹235.17, compared to a current price of ₹170.38 — trading 27.6% below its estimated fair value. The current EBIT is ₹20,006 Mil. Indraprastha Gas' overall GF Score™ is 97/100 with 4 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 Indraprastha Gas (NSE:IGL), the current EBIT is ₹20,006 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 Indraprastha Gas (NSE:IGL) Overvalued in 2026?

Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued. The current stock price of ₹170.38 is trading 27.6% below its estimated GF Value™ of ₹235.17. GuruFocus considers Indraprastha Gas to be Modestly Undervalued.

Key valuation signals for NSE:IGL:

  • EBIT: ₹20,006 Mil
  • GF Value™: ₹235.17 vs. price of ₹170.38 (27.6% below fair value)
  • GF Score™: 97/100 with 4 warning signs

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 Business Description

Other Exchanges 532514:India
Address IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
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.
97GF Score

Get the complete analysis for NSE:IGL

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

₹170.38
Price
₹235.17
GF Value