IP
IndiaPulse

ATGL

Mid Cap

Adani Total Gas Limited

Power

Adani Total Gas Limited operates in City Gas Distribution, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹752.25
+18.05 · +2.46%
Quote09 Jun, 10:02 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust is acceptable, price trend is neutral, and recent execution is mixed.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
WATCHLIST
37

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
72

low confidence · 0/0 claims checked

Technical
Bullish
60

Timing lens: price trend and sector relative strength.

Result consistency
stable
67

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Average · 32/100

margin compression · Rev +16% YoY · PAT +8% YoY

Filed 27 Apr 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹1,557 Cr+16.1%+3.3%
EBITDA₹301 Cr+13.2%-1.3%
Operating margin19.0%-100 bps-100 bps
PAT₹168 Cr+8.4%+5.7%
PAT margin10.8%-77 bps+24 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Adani Total Gas Limited operates in City Gas Distribution, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

60Bullish

SMA20 +22.3% / mo · near 52W high

Stock trend: 60
Sector RS:

Technical chart

ATGLweekly · 6M+26.7%
Latest close ₹752.15 on 2026-06-09
Bar
+0.9%
RSI
63
MACD hist
5.35
52W pos
73%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹443₹552₹661₹771₹88052H52L2025-122026-03Vol2025-122026-022026-042026-052026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Neutral

Trend is undirectional — long-term trend unclear. RSI 63.

  • RSI(14) at 63 — falling, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 13% off 52W high · 63% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

37U-SCORE
WATCHLIST

Fundamental score breakdown

WATCHLIST
Valuation0/30
Growth11/25
Quality8/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
37

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

37/100 · WATCHLIST

Positive drivers

  • Piotroski is strong at 8/9.
  • Balance sheet contributes 9/15 to the score.
  • Growth contributes 11/25 to the score.

Main drags

  • Fair-value margin of safety is negative at -560.5%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Quality is weaker at 8/20; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
124.0
PB
16.6
EV/EBITDA
57.7
ROE
14.4%
ROCE
15.3%
FCF Yield
Debt/Equity
0.5
MoS
-560.5%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
37
Previous: 37
Verdict
WATCHLIST
Previous: WATCHLIST
Margin of safety
-560.5%
Previous: -543.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
37
37
37
37
37
37
37
37
37
37
37
37

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Trust Score
72Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 70th percentile of the scored universe and 71st percentile within Power. Main check: financial discipline is weak at 50/100.

Healthy Trust Lite: Promoter holding is 74.8%. Key concern: ROCE trend is -2.4%.

Computed 08 Jun 2026
management-trust-v1
50 docs indexed · 24 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
70th percentile

overall median 67 · Power: 71st pctile, median 67 · Mid: 43rd pctile, median 76

Evidence depth
Financial-only

50 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
50
watch · capital discipline
Results
67
acceptable · quarterly consistency

Trust positives

  • Promoter holding is 74.8%.
  • Promoter pledge is zero.
  • 4 years of positive FCF.
  • 4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • ROCE trend is -2.4%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹76.99
-877.1% MoS
DCF Fair PE
19.1
DCF Fair Value
₹113.9
-560.5% MoS
PEG
18.79

Fundamentals

Valuation

P/E
124.00
P/B
16.61
EV/EBITDA
57.72
Market Cap
80748.00Cr

Profitability

ROE
14.40%
ROCE
15.30%
ROA
6.87%
Dividend Y
0.03%

Growth (CAGR)

Revenue 5Y
28.00%
EPS 5Y
7.00%
Revenue 3Y
10.00%
EPS 3Y
6.00%

Balance Sheet

Debt/Equity
0.46
Interest Coverage
9.26×
Altman Z
7.91
Book Value
44.20

Cash Flow

FCF Yield
FCF Positive Y
4/5
OCF
1149.00 Cr
EPS TTM
5.96

Shareholding

Promoter Hold
74.80%
Promoter Pledge
0.00%
Momentum 52W
69%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 3,079-30.3% vs prev
05901Mar 2026: 5,901Mar 2025: 5,020Mar 2024: 4,518Mar 2023: 4,415Mar 2022: 3,079FY26FY25FY24FY23FY22

Net Profit

₹ Cr
No data

Return on Equity

%
No data
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.