Indraprastha Gas (NSE:IGL) EV-to-EBIT: 9.17 (As of Aug. 27, 2026) — 43% Below Median

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NSE:IGL Indraprastha Gas Ltd NSE:IGL
95 GF Score
Price ₹147.17
GF Value ₹240.34
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Indraprastha Gas EV-to-EBIT?

Indraprastha Gas NSE:IGL -1.04% 95 EV-to-EBIT is 9.17 as of Aug. 27, 2026, which is 43% below its 10-year median of 16.01. GuruFocus rates NSE:IGL with a GF Score™ of 95/100 and a GF Value™ of ₹240.34 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 464 Utilities - Regulated companies, Indraprastha Gas ranks better than 70.47% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Indraprastha Gas's Enterprise Value is ₹161,921 Mil. Indraprastha Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹17,654 Mil. Therefore, Indraprastha Gas's EV-to-EBIT for today is 9.17.

The historical rank and industry rank for Indraprastha Gas's EV-to-EBIT or its related term are showing as below:

NSE:IGL' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.63   Med: 16.01   Max: 41.35
Current: 9.17

During the past 13 years, the highest EV-to-EBIT of Indraprastha Gas was 41.35. The lowest was 7.63. And the median was 16.01.

NSE:IGL's EV-to-EBIT is ranked better than
70.47% of 464 companies
in the Utilities - Regulated industry
Industry Median: 13.345 vs NSE:IGL: 9.17

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Indraprastha Gas's Enterprise Value for the quarter that ended in Jun. 2026 was ₹230,692 Mil. Indraprastha Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹17,654 Mil. Indraprastha Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.65%.


Indraprastha Gas  (NSE:IGL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Indraprastha Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=17654.2/230692.32956
=7.65 %

Indraprastha Gas's Enterprise Value for the quarter that ended in Jun. 2026 was ₹230,692 Mil.
Indraprastha Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17,654 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.


Indraprastha Gas EV-to-EBIT Related Terms


Indraprastha Gas EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Indraprastha Gas's EV-to-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 EV-to-EBIT Chart

Indraprastha Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.78 13.26 10.69 11.38 7.99

Indraprastha Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 14.36 12.13 12.86 7.99 13.07

NSE:IGL vs ATO, NI, UGI: EV-to-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
95GF Score
Indraprastha Gas Ltd NSE:IGL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indraprastha Gas EV-to-EBIT Calculation

Indraprastha Gas's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=161920.835/17654.2
=9.17

Indraprastha Gas's current Enterprise Value is ₹161,921 Mil.
Indraprastha Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17,654 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 EV-to-EBIT →
What does a EV-to-EBIT of 9.17 mean?
Indraprastha Gas (NSE:IGL) has a EV-to-EBIT of 9.17 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Indraprastha Gas and its competitors. This is 43% below median its historical median of 16.01. Over the past decade, Indraprastha Gas' EV-to-EBIT has ranged from 7.63 to 41.35. According to the industry distribution chart, Indraprastha Gas ranks #137 out of 464 companies in the Utilities - Regulated industry, placing it in the top 29.5%.
Is Indraprastha Gas' EV-to-EBIT too high?
Indraprastha Gas' current EV-to-EBIT of 9.17 is 43% below median its 10-year median of 16.01. Over the past 10 years, this metric has ranged from a low of 7.63 to a high of 41.35. The Utilities - Regulated industry median EV-to-EBIT is 13.35. Indraprastha Gas' value of 9.17 is 31.3% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #137 out of 464 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Indraprastha Gas has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' EV-to-EBIT compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #137 out of 464 companies for EV-to-EBIT. This puts Indraprastha Gas in the upper half of its industry. The industry median EV-to-EBIT is 13.35. Indraprastha Gas' value of 9.17 is 31.3% below this benchmark. Historically, Indraprastha Gas' own EV-to-EBIT has ranged from 7.63 to 41.35 over the past decade. While the company's 10-year median is 16.01 vs. the industry median of 13.35, Indraprastha Gas has consistently been below 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 EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.35, based on 464 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indraprastha Gas's current EV-to-EBIT of 9.17 is 31.3% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Indraprastha Gas and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current EV-to-EBIT is 9.17, which is 43% below median its own 10-year median of 16.01. 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 ₹240.34, compared to a current price of ₹147.17 — trading 38.8% below its estimated fair value. The current EV-to-EBIT is 9.17, which is 43% below median its 10-year median of 16.01 and 31.3% below the Utilities - Regulated industry median of 13.35. Indraprastha Gas' overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Indraprastha Gas (NSE:IGL), the current EV-to-EBIT is 9.17 as of Aug. 27, 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 ₹147.17 is trading 38.8% below its estimated GF Value™ of ₹240.34. GuruFocus considers Indraprastha Gas to be Significantly Undervalued.

Key valuation signals for NSE:IGL:

  • EV-to-EBIT: 9.17 (43% below median its 10-year median of 16.01)
  • GF Value™: ₹240.34 vs. price of ₹147.17 (38.8% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 31.3% below the Utilities - Regulated median (#137 of 464)

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.
95GF Score

Get the complete analysis for NSE:IGL

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

₹147.17
Price
₹240.34
GF Value