Indraprastha Gas (NSE:IGL) Enterprise Value: ₹174,171 Mil (As of Jul. 03, 2026) ***


NSE:IGL Indraprastha Gas Ltd NSE:IGL
96 GF Score
Price ₹155.80
GF Value ₹235.72
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Indraprastha Gas Enterprise Value?

Indraprastha Gas NSE:IGL -0.64% 96 Enterprise Value is ₹174,171 Mil as of Jul. 03, 2026. 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Indraprastha Gas's Enterprise Value is ₹174,171 Mil. Indraprastha Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹20,006 Mil. Therefore, Indraprastha Gas's EV-to-EBIT ratio for today is 8.71.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Indraprastha Gas's Enterprise Value is ₹174,171 Mil. Indraprastha Gas's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹25,183 Mil. Therefore, Indraprastha Gas's EV-to-EBITDA ratio for today is 6.92.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Indraprastha Gas's Enterprise Value is ₹174,171 Mil. Indraprastha Gas's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹161,676 Mil. Therefore, Indraprastha Gas's EV-to-Revenue ratio for today is 1.08.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Indraprastha Gas's Enterprise Value is ₹174,171 Mil. Indraprastha Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Indraprastha Gas's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Indraprastha Gas's Enterprise Value is ₹174,171 Mil. Indraprastha Gas's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Indraprastha Gas's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Indraprastha Gas  (NSE:IGL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Indraprastha Gas's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=174170.849/20006.2
=8.71

Indraprastha Gas's current Enterprise Value is ₹174,171 Mil.
Indraprastha Gas's 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Indraprastha Gas's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=174170.849/25183.2
=6.92

Indraprastha Gas's current Enterprise Value is ₹174,171 Mil.
Indraprastha Gas's EBITDA 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 ₹25,183 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Indraprastha Gas's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=174170.849/161675.9
=1.08

Indraprastha Gas's current Enterprise Value is ₹174,171 Mil.
Indraprastha Gas's Revenue 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 ₹161,676 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=174170.849/0
=

Indraprastha Gas's current Enterprise Value is ₹174,171 Mil.
Indraprastha Gas's Cash Flow from Operations 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 ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Indraprastha Gas's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=174170.849/0
=

Indraprastha Gas's current Enterprise Value is ₹174,171 Mil.
Indraprastha Gas's Free Cash Flow 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 ₹0 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 Enterprise Value Related Terms


Indraprastha Gas Enterprise Value Historical Data

* Premium members only.

The historical data trend for Indraprastha Gas's Enterprise Value 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 Enterprise Value Chart

Indraprastha Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231,674.27 282,620.73 272,440.13 250,023.31 159,848.89

Indraprastha Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 250,023.31 305,018.44 245,461.02 272,398.39 159,848.89

NSE:IGL vs ATO, NI, UGI: Enterprise Value Comparison

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

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

* The bar in red indicates where Indraprastha Gas's Enterprise Value falls into.


NSE:IGL
96GF Score
Indraprastha Gas Ltd NSE:IGL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Indraprastha Gas Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Indraprastha Gas's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Indraprastha Gas's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₹174,171 Mil mean?
Indraprastha Gas (NSE:IGL) has a Enterprise Value of ₹174,171 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Indraprastha Gas and its competitors.
Is Indraprastha Gas' Enterprise Value too high?
Indraprastha Gas' current Enterprise Value is ₹174,171 Mil. 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' Enterprise Value compare to ATO and NI?
Indraprastha Gas' Enterprise Value of ₹174,171 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 Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Indraprastha Gas and its competitors. Indraprastha Gas's current Enterprise Value is ₹174,171 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 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 Enterprise Value is ₹174,171 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Indraprastha Gas (NSE:IGL), the current Enterprise Value is ₹174,171 Mil as of Jul. 03, 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:

  • Enterprise Value: ₹174,171 Mil
  • GF Value™: ₹235.72 vs. price of ₹155.80 (33.9% below fair value)
  • GF Score™: 96/100 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.
96GF Score

Get the complete analysis for NSE:IGL

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

₹155.80
Price
₹235.72
GF Value