Indraprastha Gas (NSE:IGL) EV-to-OCF: (As of Sep. 22, 2026)

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NSE:IGL Indraprastha Gas Ltd NSE:IGL
93 GF Score
Price ₹148.85
GF Value ₹252.07
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Indraprastha Gas EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Indraprastha Gas's Enterprise Value is ₹167,713 Mil. Indraprastha Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹ Mil. Therefore, Indraprastha Gas's EV-to-OCF for today is .

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

NSE:IGL' s EV-to-OCF Range Over the Past 10 Years
Min: 8.85   Med: 0   Max: 8.85
Current: 8.85

During the past 13 years, the highest EV-to-OCF of Indraprastha Gas was 8.85. The lowest was 8.85. And the median was .

NSE:IGL's EV-to-OCF is ranked better than
59.06% of 508 companies
in the Utilities - Regulated industry
Industry Median: 10.37 vs NSE:IGL: 8.85

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-22), Indraprastha Gas's stock price is ₹148.85. Indraprastha Gas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9.721. Therefore, Indraprastha Gas's PE Ratio (TTM) for today is 15.31.


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

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Indraprastha Gas's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=148.85/9.721
=15.31

Indraprastha Gas's share price for today is ₹148.85.
Indraprastha Gas's Earnings per Share (Diluted) 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 ₹9.721.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Indraprastha Gas EV-to-OCF Related Terms


Indraprastha Gas EV-to-OCF Historical Data

* Premium members only.

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

Indraprastha Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.69 11.51 15.64 10.08 7.11

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-OCF 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 - - - - -

NSE:IGL vs ATO, NI, UGI: EV-to-OCF Comparison

For the Utilities - Regulated Gas subindustry, Indraprastha Gas's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Utilities - Regulated Industry

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

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


NSE:IGL
93GF Score
Indraprastha Gas Ltd NSE:IGL
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indraprastha Gas EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=167713.339/
=

Indraprastha Gas's current Enterprise Value is ₹167,713 Mil.
Indraprastha Gas's Cash Flow from Operations 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 ₹ 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.

Is Indraprastha Gas (NSE:IGL) Overvalued in 2026?

Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued. The current stock price of ₹148.85 is trading 40.9% below its estimated GF Value™ of ₹252.07. GuruFocus considers Indraprastha Gas to be Significantly Undervalued.

Key valuation signals for NSE:IGL:

  • EV-to-OCF:
  • GF Value™: ₹252.07 vs. price of ₹148.85 (40.9% below fair value)
  • GF Score™: 93/100 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.
93GF Score

Get the complete analysis for NSE:IGL

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

₹148.85
Price
₹252.07
GF Value