Adani Total GasNSE:ATGL +0.06%92 Interest Coverage is 6.80 as of Mar. 2026, which is 33% below its 10-year median of 10.20. GuruFocus rates NSE:ATGL with a GF Score™ of 92/100 and a GF Value™ of ₹843.69 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 449 Utilities - Regulated companies, Adani Total Gas ranks better than 68.6% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Adani Total Gas's
Operating Income
for the
three
months ended in Mar. 2026 was ₹2,376 Mil. Adani Total Gas's Interest Expense for the
three
months ended in Mar. 2026 was ₹-349 Mil.
Adani Total Gas's interest coverage for the quarter that ended in Mar. 2026 was 6.80.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Adani Total Gas's Interest Coverage or its related term are showing as below:
NSE:ATGL'
s Interest Coverage Range Over the Past 10 Years
Min: 2.61 Med: 10.2 Max: 16.99
Current: 7.35
NSE:ATGL's Interest Coverage is ranked better than 68.6% of 449
companies
in the Utilities - Regulated industry
Industry Median: 3.78
vs NSE:ATGL: 7.35
Adani Total Gas (NSE:ATGL) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Adani Total Gas Interest Coverage Related Terms
Adani Total Gas Interest Coverage Historical Data
* Premium members only.
The historical data trend for Adani Total Gas's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:ATGL vs ATO, NI, UGI: Interest Coverage Comparison
For the Utilities - Regulated Gas subindustry, Adani Total Gas's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Adani Total Gas's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSE:ATGL) has a Interest Coverage of 6.80 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Adani Total Gas and its competitors. This is 33% below median its historical median of 10.20. Over the past decade, Adani Total Gas' Interest Coverage has ranged from 2.61 to 16.99. According to the industry distribution chart, Adani Total Gas ranks #141 out of 449 companies in the Utilities - Regulated industry, placing it in the top 31.4%.
Is Adani Total Gas' Interest Coverage too high?
Adani Total Gas' current Interest Coverage of 6.80 is 33% below median its 10-year median of 10.20. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 16.99. The Utilities - Regulated industry median Interest Coverage is 3.78. Adani Total Gas' value of 6.80 is 79.9% above this industry median. Based on the distribution chart, Adani Total Gas ranks #141 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Adani Total Gas has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #141 out of 449 companies for Interest Coverage. This puts Adani Total Gas in the upper half of its industry. The industry median Interest Coverage is 3.78. Adani Total Gas' value of 6.80 is 79.9% above this benchmark. Historically, Adani Total Gas' own Interest Coverage has ranged from 2.61 to 16.99 over the past decade. While the company's 10-year median is 10.20 vs. the industry median of 3.78, Adani Total Gas has consistently been above 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adani Total Gas's current Interest Coverage of 6.80 is 79.9% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Adani Total Gas and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current Interest Coverage is 6.80, which is 33% below median its own 10-year median of 10.20. 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 ₹843.69, compared to a current price of ₹719.80 — trading 14.7% below its estimated fair value. The current Interest Coverage is 6.80, which is 33% below median its 10-year median of 10.20 and 79.9% above the Utilities - Regulated industry median of 3.78. Adani Total Gas' overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Adani Total Gas (NSE:ATGL), the current Interest Coverage is 6.80 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 ₹843.69.
GuruFocus considers Adani Total Gas to be Modestly Undervalued.
Key valuation signals for NSE:ATGL:
Interest Coverage: 6.80 (33% below median its 10-year median of 10.20)
GF Value™: ₹843.69 vs. price of ₹719.80 (14.7% below fair value)
Industry Position: 79.9% above the Utilities - Regulated median (#141 of 449)
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 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.
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