Financials Adani Total Gas Limited

Equities

ATGL

INE399L01023

Natural Gas Utilities

Market Closed - NSE India S.E. 07:43:46 2024-04-26 am EDT 5-day change 1st Jan Change
919.2 INR +0.11% Intraday chart for Adani Total Gas Limited +0.74% -6.96%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 141,546 94,969 1,057,192 2,364,372 954,360
Enterprise Value (EV) 1 143,888 98,365 1,062,381 2,374,411 968,059
P/E ratio 61.9 x 21.8 x 228 x 464 x 175 x
Yield 0.19% 0.29% 0.03% 0.01% 0.03%
Capitalization / Revenue 8.23 x 5.07 x 62.3 x 77.8 x 21.8 x
EV / Revenue 8.37 x 5.25 x 62.7 x 78.1 x 22.1 x
EV / EBITDA 31.7 x 16.7 x 153 x 311 x 112 x
EV / FCF -3,614 x 1,310 x 455 x -608 x -116 x
FCF Yield -0.03% 0.08% 0.22% -0.16% -0.86%
Price to Book 12.8 x 6.46 x 54.7 x 97.9 x 32.5 x
Nbr of stocks (in thousands) 1,099,810 1,099,810 1,099,810 1,099,810 1,099,810
Reference price 2 128.7 86.35 961.2 2,150 867.8
Announcement Date 7/12/19 6/3/20 6/19/21 7/4/22 6/26/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 13,015 17,197 18,746 16,956 30,384 43,784
EBITDA 1 3,658 4,541 5,900 6,963 7,645 8,609
EBIT 1 3,048 3,884 5,441 6,418 6,909 7,570
Operating Margin 23.42% 22.58% 29.02% 37.85% 22.74% 17.29%
Earnings before Tax (EBT) 1 2,673 3,565 5,475 6,221 6,838 7,325
Net income 1 1,729 2,287 4,363 4,628 5,094 5,465
Net margin 13.29% 13.3% 23.28% 27.3% 16.77% 12.48%
EPS 2 6.730 2.079 3.967 4.208 4.630 4.969
Free Cash Flow 1 2,135 -39.81 75.11 2,333 -3,907 -8,317
FCF margin 16.41% -0.23% 0.4% 13.76% -12.86% -19%
FCF Conversion (EBITDA) 58.37% - 1.27% 33.5% - -
FCF Conversion (Net income) 123.5% - 1.72% 50.4% - -
Dividend per Share - 0.2500 0.2500 0.2500 0.2500 0.2500
Announcement Date 5/11/18 7/12/19 6/3/20 6/19/21 7/4/22 6/26/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 3,108 2,342 3,396 5,189 10,039 13,699
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.8497 x 0.5158 x 0.5757 x 0.7452 x 1.313 x 1.591 x
Free Cash Flow 1 2,135 -39.8 75.1 2,333 -3,907 -8,317
ROE (net income / shareholders' equity) 21.6% 23.2% 33.9% 27.2% 23.4% 20.4%
ROA (Net income/ Total Assets) 11.4% 10% 15% 14.1% 11.3% 9.41%
Assets 1 15,134 22,850 29,028 32,767 44,940 58,100
Book Value Per Share 2 34.60 10.00 13.40 17.60 22.00 26.70
Cash Flow per Share 2 0.9300 1.450 0.8100 0.0900 0.2800 0.1100
Capex 1 1,414 2,407 4,419 6,064 9,506 11,754
Capex / Sales 10.86% 14% 23.57% 35.76% 31.29% 26.84%
Announcement Date 5/11/18 7/12/19 6/3/20 6/19/21 7/4/22 6/26/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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