Indraprastha GasNSE:IGL +1.45%97 Net Margin % is 8.18% as of Mar. 2026, which is 47% below its 10-year median of 15.32. 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. Among 501 Utilities - Regulated companies, Indraprastha Gas ranks better than 52.89% on this metric.
The historical rank and industry rank for Indraprastha Gas's Net Margin % or its related term are showing as below:
NSE:IGL'
s Net Margin % Range Over the Past 10 Years
Min: 9.58 Med: 15.32 Max: 23.88
Current: 9.59
NSE:IGL's Net Margin % is ranked better than 52.89% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs NSE:IGL: 9.59
Indraprastha Gas (NSE:IGL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Indraprastha Gas Net Margin % Related Terms
Indraprastha Gas Net Margin % Historical Data
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The historical data trend for Indraprastha Gas's Net Margin % 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.
For the Utilities - Regulated Gas subindustry, Indraprastha Gas's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Net Margin % distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas's Net Margin % falls into.
* 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 (NSE:IGL) has a Net Margin % of 8.18% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Indraprastha Gas and its competitors. This is 47% below median its historical median of 15.32. Over the past decade, Indraprastha Gas' Net Margin % has ranged from 9.58 to 23.88. According to the industry distribution chart, Indraprastha Gas ranks #236 out of 501 companies in the Utilities - Regulated industry, placing it in the top 47.1%.
Is Indraprastha Gas' Net Margin % too high?
Indraprastha Gas' current Net Margin % of 8.18% is 47% below median its 10-year median of 15.32. Over the past 10 years, this metric has ranged from a low of 9.58 to a high of 23.88. The Utilities - Regulated industry median Net Margin % is 8.80. Indraprastha Gas' value of 8.18% is 7% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #236 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. 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' Net Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #236 out of 501 companies for Net Margin %. This puts Indraprastha Gas in the upper half of its industry. The industry median Net Margin % is 8.80. Indraprastha Gas' value of 8.18% is 7% below this benchmark. Historically, Indraprastha Gas' own Net Margin % has ranged from 9.58 to 23.88 over the past decade. While the company's 10-year median is 15.32 vs. the industry median of 8.80, 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 Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indraprastha Gas's current Net Margin % of 8.18% is 7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Indraprastha Gas and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Net Margin % is 8.18%, which is 47% below median its own 10-year median of 15.32. 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 Net Margin % is 8.18%, which is 47% below median its 10-year median of 15.32 and 7% below the Utilities - Regulated industry median of 8.80. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Indraprastha Gas (NSE:IGL), the current Net Margin % is 8.18% 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:
Net Margin %: 8.18% (47% below median its 10-year median of 15.32)
GF Value™: ₹235.17 vs. price of ₹170.38 (27.6% below fair value)
Industry Position: 7% below the Utilities - Regulated median (#236 of 501)
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 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
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