ATGL

OVERVALUED

Adani Total Gas

Oil & Gas · NSE

1061.0% vs fair value

52W Low

463

+13.3% from low

52W High

798

-34.3% from high

News sentiment (10 articles)
1 bull9 neutral0 bear

Valuation Gauge

OVERVALUED-1061.0% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹524

Fair Value

₹45

Fair Value Analysis

₹45

Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | Sector-expensive: P/E at 94th percentile vs sector peers. | CAUTION: ROCE declining (latest 18.8%) — returns on capital are falling; verify this isn't a value trap.

Medium confidence

Balance Sheet Value

33% weight

₹73

EV/EBITDA Multiple

67% weight

₹31

Price vs Market

ATGL
Nifty 50

Shareholding Pattern

Stock Health Score

B

Solid Fundamentals

5.7 / 10

Profitability

10/10

ROE of 14.2% is above the Oil & Gas sector benchmark of 10% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.4x is well within the Oil & Gas sector norm of 1.5x — strong balance sheet

Valuation vs Peers

1/10

P/E of 89.0x is 10.9x the Oil & Gas sector median of 8x — expensive

Cash Flow

2/10

FCF margin of 0.5% — very thin despite positive FCF (₹23 Cr)

Earnings Growth

6/10

5yr EPS CAGR of 8.7% is below the Oil & Gas sector average of 14.6%

Dividend

4/10

Dividend yield of 0.0% is symbolic — low but positive

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

0.1%

Free cash flow / market cap

Revenue Growth (YoY)

+16.5%

Year-on-year revenue change

Profit Growth (YoY)

+12.0%

Year-on-year PAT change

Operating Cash Flow

₹964 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹5.8

P/E Ratio

89x

P/B Ratio

12.7x

ROE

14.2%

ROCE

15.7%

Debt / Equity

0.45x

Beta

0.51

Div Yield

0%

FCF (Cr)

₹23 Cr

Revenue (Cr)

₹4,970 Cr

EPS Growth 5Y

8.7%

Mkt Cap (Cr)

₹57,226 Cr

52W High

₹798

52W Low

₹462.8

Book Value/Share

₹40.8

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹5.7K Cr₹1.2K Cr20.0%₹642 Cr₹5.84
2025-03-31₹5.0K Cr₹1.1K Cr23.0%₹654 Cr₹5.95
2024-03-31₹4.5K Cr₹1.1K Cr25.0%₹668 Cr₹6.07
2023-03-31₹4.4K Cr₹870 Cr20.0%₹546 Cr₹4.97
2022-03-31₹3.0K Cr₹773 Cr25.0%₹509 Cr₹4.63
2021-03-31₹1.7K Cr₹704 Cr42.0%₹463 Cr₹4.21
2020-03-31₹1.9K Cr₹595 Cr32.0%₹436 Cr₹3.97
2019-03-31₹1.7K Cr₹455 Cr26.0%₹229 Cr₹2.08
2018-03-31₹1.4K Cr₹366 Cr27.0%₹162 Cr₹6.31

Compounded Growth Rates

Sales Growth

3Y+9.1%
5Y+27.3%
10Y

Profit Growth

3Y+5.5%
5Y+6.8%
10Y

EPS Growth

3Y+5.5%
5Y+6.8%
10Y

Peer Comparison

Oil & Gas
StockPriceFair ValueMoS%P/EROESignal

Gulf Oil Lubricants India Limited

₹891₹1,626.9+45.2%12.721.1%UNDERVALUED

GP Petroleums Limited

₹28.7₹44.1+35.0%5.47.4%UNDERVALUED

Magadh Sugar & Energy Limited

₹493₹640.5+23.0%813.9%UNDERVALUED

Oil and Natural Gas Corporation

₹281.4₹330.7+14.9%9.512.2%FAIRLY_VALUED

Avadh Sugar & Energy Limited

₹499₹534.5+6.6%12.88.0%FAIRLY_VALUED

GAIL India

₹143.4₹146.9+2.3%10.99.8%FAIRLY_VALUED

Hindustan Petroleum Corporation Limited

₹328.9₹333.1+1.3%4.512.3%FAIRLY_VALUED

Mahanagar Gas

₹966.6₹849.5-13.8%9.917.0%FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Share this Stock

Download card · Share on WhatsApp

ATGL share card

Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant