Adani Total Gas Ltd.
ATGLEnergy filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 12 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20220511 | 2022-03-31 | no | |
| COVER_LETTER | 20220810 | 2022-06-30 | no | |
| COVER_LETTER | 20221109 | 2022-09-30 | no | |
| COVER_LETTER | 20230215 | 2022-12-31 | no | |
| COVER_LETTER | 20230508 | 2023-03-31 | no | |
| COVER_LETTER | 20230808 | 2023-06-30 | no | |
| COVER_LETTER | 20231106 | 2023-09-30 | no | |
| COVER_LETTER | 20240205 | 2023-12-31 | no | |
| COVER_LETTER | 20240506 | 2024-03-31 | no | |
| COVER_LETTER | 20241029 | 2024-09-30 | no | |
| COVER_LETTER | 20250201 | 2024-12-31 | no | |
| COVER_LETTER | 20250504 | 2025-03-31 | no | |
| TRANSCRIPT | 20250804 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251103 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260130 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260505 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260728 | 2026-06-30 | yes |
ATGL
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 612.40 |
| 52-week range | 467.9 – 808.55 |
| Return 1M | -4.35% |
| Return 3M | -14.92% |
| Return 1Y | -8.23% |
| Return 3Y | -3.45% |
| Return 5Y | -56.34% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,907.00 |
| Other income | 13.00 |
| Total income | 1,920.00 |
| Cost of materials consumed | 1,304.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | -1.00 |
| Employee benefit expense | 13.00 |
| Finance costs | 39.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.75 | 0.00 |
| institutions foreign | 0.13 | 0.00 |
| institutions domestic | 0.06 | 0.00 |
| mutual funds | 0.00 | 0.00 |
| public | 0.25 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2025-03-31 | 12 |
| TRANSCRIPT | 2026-06-30 | 5 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,190.00 | 1,186.00 | 1,197.00 | 1,135.00 | 1,179.00 | 1,244.00 | 1,258.00 | 1,239.00 | 1,318.00 | 1,401.00 | 1,453.00 | 1,498.00 | 1,576.00 | 1,639.00 | 1,695.00 | 1,907.00 |
| Other income | 10.00 | 8.00 | 9.00 | 7.00 | 9.00 | 12.00 | 15.00 | 9.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 12.00 | 13.00 |
| Total income | 1,200.00 | 1,194.00 | 1,207.00 | 1,143.00 | 1,188.00 | 1,256.00 | 1,273.00 | 1,248.00 | 1,325.00 | 1,408.00 | 1,462.00 | 1,506.00 | 1,585.00 | 1,648.00 | 1,707.00 | 1,920.00 |
| Cost of materials consumed | 775.00 | 775.00 | 812.00 | 713.00 | 692.00 | 738.00 | 706.00 | 712.00 | 774.00 | 886.00 | 904.00 | 930.00 | 1,000.00 | 1,032.00 | 1,066.00 | 1,304.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 10.00 | 1.00 | -4.00 | 1.00 | 0.00 | -2.00 | 0.00 | -1.00 | -1.00 | 2.00 | -2.00 | 2.00 | -3.00 | 3.00 | -2.00 | -1.00 |
| Employee benefit expense | 14.00 | 17.00 | 15.00 | 15.00 | 17.00 | 17.00 | 19.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 12.00 | 15.00 | 17.00 | 13.00 |
| Finance costs | 21.00 | 6.00 | 32.00 | 24.00 | 27.00 | 31.00 | 29.00 | 26.00 | 23.00 | 27.00 | 24.00 | 28.00 | 26.00 | 41.00 | 35.00 | 39.00 |
| Depreciation and amortisation | 27.00 | 31.00 | 31.00 | 33.00 | 38.00 | 39.00 | 49.00 | 46.00 | 51.00 | 53.00 | 53.00 | 56.00 | 62.00 | 62.00 | 63.00 | 67.00 |
| Other expenses | 165.00 | 163.00 | 180.00 | 159.00 | 190.00 | 203.00 | 246.00 | 217.00 | 226.00 | 234.00 | 272.00 | 260.00 | 273.00 | 284.00 | 313.00 | 320.00 |
| Total expenses | 1,013.00 | 993.00 | 1,065.00 | 944.00 | 964.00 | 1,026.00 | 1,048.00 | 1,015.00 | 1,087.00 | 1,217.00 | 1,264.00 | 1,288.00 | 1,369.00 | 1,437.00 | 1,492.00 | 1,742.00 |
| Profit before exceptional items and tax | 188.00 | 201.00 | 142.00 | 199.00 | 224.00 | 230.00 | 225.00 | 233.00 | 238.00 | 191.00 | 197.00 | 218.00 | 216.00 | 211.00 | 215.00 | 177.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 188.00 | 201.00 | 142.00 | 199.00 | 224.00 | 230.00 | 225.00 | 233.00 | 238.00 | 191.00 | 197.00 | 218.00 | 216.00 | 211.00 | 215.00 | 177.00 |
| Current tax | 41.00 | 40.00 | 26.00 | 43.00 | 47.00 | 45.00 | 45.00 | 51.00 | 50.00 | 36.00 | 34.00 | 46.00 | 42.00 | 42.00 | 43.00 | 38.00 |
| Deferred tax | 8.00 | 13.00 | 11.00 | 8.00 | 10.00 | 15.00 | 17.00 | 9.00 | 12.00 | 13.00 | 15.00 | 11.00 | 14.00 | 13.00 | 15.00 | 7.00 |
| Tax expense | 48.00 | 53.00 | 38.00 | 51.00 | 57.00 | 59.00 | 61.00 | 60.00 | 62.00 | 50.00 | 49.00 | 57.00 | 55.00 | 55.00 | 59.00 | 45.00 |
| Profit for the period | 160.00 | 150.00 | 98.00 | 150.00 | 173.00 | 177.00 | 168.00 | 172.00 | 186.00 | 142.00 | 155.00 | 165.00 | 163.00 | 159.00 | 168.00 | 142.00 |
| Profit attributable to owners | — | — | 98.00 | 150.00 | 173.00 | 177.00 | — | 172.00 | 186.00 | 142.00 | 155.00 | 165.00 | 163.00 | 159.00 | 168.00 | 142.00 |
| Profit attributable to non-controlling interests | — | — | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -1.00 | -0.00 | 9.00 | -0.00 | -0.00 | -0.00 | 1.00 | -0.00 | 2.00 | 2.00 | -2.00 | -2.00 | 3.00 | -1.00 | 30.00 | -1.00 |
| Total comprehensive income | 159.00 | 150.00 | 107.00 | 150.00 | 172.00 | 176.00 | 169.00 | 172.00 | 187.00 | 144.00 | 153.00 | 163.00 | 166.00 | 157.00 | 199.00 | 141.00 |
| Earnings per share, basic | 1.45 | 1.37 | 0.89 | 1.37 | 1.57 | 1.61 | 1.53 | 1.56 | 1.69 | 1.30 | 1.41 | 1.50 | 1.49 | 1.44 | 1.53 | 1.29 |
| Earnings per share, diluted | 1.45 | 1.37 | 0.89 | 0.00 | 1.57 | 1.61 | 1.53 | 1.56 | 1.69 | 1.30 | 1.41 | 1.50 | 1.49 | 1.44 | 1.53 | 1.29 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,823.00 | 1,991.00 | 1,784.00 | 3,206.00 | 4,683.00 | 4,816.00 | 5,412.00 | 6,409.00 |
| Other income | 87.00 | 44.00 | 44.00 | 42.00 | 37.00 | 44.00 | 31.00 | 38.00 |
| Total income | 1,910.00 | 2,035.00 | 1,829.00 | 3,248.00 | 4,720.00 | 4,861.00 | 5,442.00 | 6,446.00 |
| Cost of materials consumed | 1,087.00 | 1,060.00 | 771.00 | 1,939.00 | 3,083.00 | 2,848.00 | 3,276.00 | 4,028.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 5.00 | 0.00 | -1.00 | -9.00 | 3.00 | -1.00 | -2.00 | -1.00 |
| Employee benefit expense | 42.00 | 47.00 | 52.00 | 55.00 | 56.00 | 67.00 | 57.00 | 57.00 |
| Finance costs | 90.00 | 41.00 | 40.00 | 53.00 | 78.00 | 111.00 | 101.00 | 129.00 |
| Depreciation and amortisation | 67.00 | 51.00 | 63.00 | 83.00 | 113.00 | 158.00 | 204.00 | 243.00 |
| Other expenses | 234.00 | 289.00 | 259.00 | 449.00 | 671.00 | 798.00 | 948.00 | 1,130.00 |
| Total expenses | 1,526.00 | 1,488.00 | 1,183.00 | 2,569.00 | 4,005.00 | 3,982.00 | 4,583.00 | 5,586.00 |
| Profit before exceptional items and tax | 384.00 | 547.00 | 646.00 | 679.00 | 715.00 | 878.00 | 860.00 | 860.00 |
| Exceptional items | -28.00 | 0.00 | -14.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 357.00 | 547.00 | 631.00 | 679.00 | 715.00 | 878.00 | 860.00 | 860.00 |
| Current tax | 125.00 | 123.00 | 139.00 | 148.00 | 149.00 | 180.00 | 171.00 | 173.00 |
| Deferred tax | 3.00 | -11.00 | 20.00 | 26.00 | 37.00 | 49.00 | 50.00 | 54.00 |
| Tax expense | 128.00 | 111.00 | 159.00 | 174.00 | 186.00 | 229.00 | 220.00 | 226.00 |
| Profit for the period | 229.00 | 436.00 | 463.00 | 509.00 | 546.00 | 668.00 | 654.00 | 656.00 |
| Profit attributable to owners | 0.00 | — | — | — | 546.00 | — | 654.00 | 656.00 |
| Profit attributable to non-controlling interests | 0.00 | — | — | — | 0.00 | — | 0.00 | 0.00 |
| Other comprehensive income | -1.00 | -1.00 | 0.00 | 1.00 | 6.00 | -0.00 | 1.00 | 30.00 |
| Total comprehensive income | 228.00 | 435.00 | 463.00 | 510.00 | 552.00 | 667.00 | 656.00 | 685.00 |
| Earnings per share, basic | 2.08 | 3.97 | 4.21 | 4.63 | 4.97 | 6.07 | 5.95 | 5.96 |
| Earnings per share, diluted | 2.08 | 3.97 | 4.21 | 4.63 | 4.97 | 6.07 | 5.95 | 5.96 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 5,075.00 | 5,645.00 | 5,943.00 | 6,592.00 | 6,842.00 | 7,665.00 | 8,743.00 | 9,549.00 |
| Non-current assets | 4,249.00 | 4,787.00 | 5,053.00 | 5,560.00 | 5,849.00 | 6,544.00 | 7,490.00 | 8,126.00 |
| Current assets | 826.00 | 858.00 | 890.00 | 1,032.00 | 994.00 | 1,121.00 | 1,253.00 | 1,423.00 |
| Property, plant and equipment | 1,822.00 | 2,212.00 | 2,379.00 | 2,960.00 | 3,201.00 | 3,606.00 | 3,766.00 | 4,261.00 |
| Capital work-in-progress | 1,501.00 | 1,616.00 | 1,641.00 | 1,498.00 | 1,527.00 | 1,865.00 | 1,834.00 | 2,001.00 |
| Goodwill | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
| Other intangible assets | 8.00 | 6.00 | 19.00 | 19.00 | 22.00 | 19.00 | 32.00 | 27.00 |
| Inventories | 82.00 | 91.00 | 85.00 | 99.00 | 115.00 | 116.00 | 106.00 | 111.00 |
| Trade receivables | 237.00 | 270.00 | 373.00 | 410.00 | 404.00 | 424.00 | 475.00 | 419.00 |
| Cash and cash equivalents | 38.00 | 12.00 | 22.00 | 137.00 | 46.00 | 224.00 | 162.00 | 253.00 |
| Total equity and liabilities | 5,075.00 | 5,645.00 | 5,943.00 | 6,592.00 | 6,842.00 | 7,665.00 | 8,743.00 | 9,549.00 |
| Equity | 2,686.00 | 2,941.00 | 3,236.00 | 3,580.00 | 3,911.00 | 4,207.00 | 4,509.00 | 4,865.00 |
| Equity share capital | 110.00 | 110.00 | 110.00 | 110.00 | 110.00 | 110.00 | 110.00 | 110.00 |
| Other equity | 2,577.00 | 2,831.00 | 3,126.00 | 3,470.00 | 3,801.00 | 4,097.00 | 4,399.00 | 4,755.00 |
| Total liabilities | 2,389.00 | 2,704.00 | 2,707.00 | 3,012.00 | 2,932.00 | 3,458.00 | 4,234.00 | 4,684.00 |
| Non-current liabilities | 631.00 | 511.00 | 464.00 | 1,201.00 | 1,463.00 | 1,919.00 | 2,176.00 | 2,453.00 |
| Current liabilities | 1,758.00 | 2,193.00 | 2,243.00 | 1,811.00 | 1,468.00 | 1,538.00 | 2,058.00 | 2,231.00 |
| Borrowings, non-current | 418.00 | 268.00 | 210.00 | 883.00 | 1,098.00 | 1,619.00 | 1,359.00 | 1,597.00 |
| Borrowings, current | 742.00 | 1,104.00 | 1,094.00 | 589.00 | 275.00 | 215.00 | 562.00 | 571.00 |
| Trade payables | 308.00 | 307.00 | 342.00 | 342.00 | 319.00 | 314.00 | 276.00 | 374.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 465.00 | 853.00 | 466.00 | 955.00 | 525.00 | 964.00 | 460.00 | 1,149.00 |
| Net cash from investing activities | -557.00 | -1,167.00 | -297.00 | -752.00 | -421.00 | -933.00 | -561.00 | -1,236.00 |
| Net cash from financing activities | 99.00 | 295.00 | -159.00 | -78.00 | -195.00 | 56.00 | 39.00 | 116.00 |
| Purchase of property, plant and equipment | 550.00 | 1,175.00 | 361.00 | 799.00 | 391.00 | 941.00 | 426.00 | 988.00 |
| Net increase in cash | 7.00 | -19.00 | 10.00 | 125.00 | -91.00 | 87.00 | -62.00 | 29.00 |
| con:CFO.BEFORE_TAX | 540.00 | 1,036.00 | 561.00 | 1,167.00 | 629.00 | 1,154.00 | 546.00 | 1,338.00 |
| con:INTEREST_RECEIVED.OPERATING | -14.00 | -28.00 | -12.00 | -25.00 | -11.00 | -21.00 | -12.00 | -22.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 |
| con:TAX_PAID.OPERATING | 60.00 | 155.00 | 83.00 | 187.00 | 93.00 | 169.00 | 74.00 | 167.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 22.00 | 22.00 | 6.00 | 15.00 | 0.00 | 50.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 74.80 | 74.80 | 74.80 | 74.80 | 74.80 | 74.80 | 74.80 | 74.80 | 74.80 | 74.80 | 0.75 | 0.75 | 0.75 | 0.75 |
| Domestic institutions | 6.14 | 6.15 | 6.15 | 6.14 | 6.12 | 6.15 | 6.13 | 6.27 | 6.23 | 6.31 | 0.06 | 0.06 | 0.06 | 0.06 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Insurance companies | 6.02 | 6.02 | 6.02 | 6.02 | 6.03 | 6.04 | 6.02 | 6.02 | 6.03 | 6.10 | 0.06 | 0.06 | 0.06 | 0.06 |
| Foreign institutions | 16.31 | 14.08 | 13.94 | 13.06 | 13.14 | 12.96 | 13.07 | 13.06 | 13.22 | 13.01 | 0.13 | 0.13 | 0.13 | 0.13 |
| Public | 25.20 | 25.20 | 25.20 | 25.20 | 25.20 | 25.20 | 25.20 | 25.20 | 25.20 | 25.20 | 0.25 | 0.25 | 0.25 | 0.25 |
| Non-institutional | 2.75 | 4.97 | 5.11 | 5.99 | 5.94 | 6.09 | 6.00 | 5.86 | 5.75 | 5.88 | 0.06 | 0.06 | 0.06 | 0.06 |
| Shares outstanding | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 | 1099810083 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Adani TotalEnergies Biomass Limited | Wholly Owned Subsidary Company | Any other transaction, Investment, Sale of fixed ass | 1,565,100,000.00 | 10 |
| Adani TotalEnergies E-Mobility Limited | Wholly Owned Subsidary Company | Any other transaction, Investment, Sale of goods or | 1,089,100,000.00 | 8 |
| Vishakha Renewables Private Limited | Other Related Party | Any other transaction, Purchase of goods or services | 87,400,000.00 | 2 |
| Smartmeters Technologies Private Limited | Joint Venture Entity | Any other transaction, Purchase of goods or services | 79,000,000.00 | 5 |
| Adani Foundation | Other Related Party | Any other transaction | 77,500,000.00 | 1 |
| Suresh P Manglani | Board of Directors and KMP | Remuneration | 60,100,000.00 | 1 |
| Indianoil - Adani Gas Private Limited | Joint Venture Entity | Any other transaction, Purchase of goods or services | 46,400,000.00 | 6 |
| Mumbai International Airport Limited | Other Related Party | Any other transaction, Purchase of goods or services | 22,600,000.00 | 4 |
| Parag Parikh | Board of Directors and KMP | Remuneration | 20,900,000.00 | 1 |
| Adani Ports and Special Economic Zone Limited | Other Related Party | Any other transaction, Purchase of goods or services | 16,000,000.00 | 2 |
| Adani Total Private Limited | Other Related Party | Any other transaction, Purchase of goods or services | 14,100,000.00 | 4 |
| Adani Enterprises Limited | Other Related Party | Any other transaction, Purchase of goods or services | 8,600,000.00 | 3 |
| Adani Airport Holdings Limited | Other Related Party | Any other transaction, Purchase of goods or services | 7,100,000.00 | 8 |
| Adani Digital Labs Private Limited | Other Related Party | Any other transaction | 5,300,000.00 | 4 |
| Adani Estate Management Private Limited | Other Related Party | Any other transaction, Purchase of goods or services | 4,800,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-28 | Q1FY27 | ADANI TOTAL GAS LIMITED | Read the call |
| 2026-05-05 | Q4FY26 | ADANI TOTAL GAS LIMITED, LIMITED | Read the call |
| 2026-01-30 | Q3FY26 | ADANI TOTAL GAS LIMITED, LIMITED | Read the call |
| 2025-11-03 | Q2FY26 | ADANI TOTAL GAS LIMITED, LIMITED | Read the call |
| 2025-08-04 | Q1FY26 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY26 | Q1FY27 | Q2FY26 | Q3FY26 | Q4FY26 |
|---|---|---|---|---|---|
| Capex | 11th round, as you are aware, we are still under the capex phase. | — | — | — | So you are aware that CGD infrastructure is a bit of a capex-oriented infrastructure building. |
| Costs | This higher gas cost was on account of, as you are all aware, lower allocation of APM gas which got replaced or off setted with higher price New Well … | — | — | — | — |
| Demand | Our steel pipeline infrastructure has now increased to 14,197-inch kilometers. | At the same time, steel pipeline expanded to 15,987-inch kilometres further strengthening our distribution network to support future growth. | If we add ATGL plus IOAGPL, our consolidated nationwide CGD network now stands at 1,095 CNG stations, almost touching 1,100 CNG stations, 12 lakh plus… | 27,000 inch-kilometres of steel pipeline network and 10,000 kilometres of MDPE pipeline. | April 28, 2026 Our steel pipeline infrastructure has now increased to 15,572-inch kilometer, complemented by over 8,300 kilometers of MDPE pipelines l… |
| Guidance | — | And we expect to -- so we expect to close this gap or are we planning to keep it like this for quite some time unless we have some stability? | Hopefully, we expect sooner than the later this implementation will take place. | So Varatharajan, actually see, there is 1 guiding factor for us is that we have bidded our minimum work program on CNG stations, right? | Sir, can you give me the guidance for '27 revenue growth and EBITDA margin for '27? |
| Margin | As a result of all these efforts, team ATGL has delivered EBITDA of INR 301 crores for the quarter April to June ‘25-'26. | Could management explain the key reason for this sustained margin compression? | Our EBITDA for Q2-FY ’26 was INR302 crores and for first half, INR603 crores. | Earnings before interest, tax, depreciation and amortization, which we call it, EBITDA, for the third quarter increased by 15% to INR313 crores. | Earnings before interest, tax, depreciation and amortization, which is we call it EBITDA for the fourth quarter starting Jan to March '26 increased by… |
| People | — | This strong momentum reinforce our confidence in achieving our targets of 10,000 EV charging points, with continued focus on improving network utiliza… | On EV, INR10 price we have launched for Independence day celebration which brought 50% more utilization. | So I think industry has been requesting for some sort of connection incentive for taking first time PNG supply and also consumption-linked incentive o… | With strong adoption and continued network expansion, we remain on track to achieve our ambition of installing 10,000 EV charging points in the near t… |
| Pricing | As a result of our continued efforts to build a robust gas sourcing portfolio, enhanced operational efficiency and very highly focused area of digital… | — | Ultimately, Adani Group has always taken this view that our vision is to make PNG and CNG as much as we could do from our side more and more affordabl… | But despite that, I'm very happy that our team -- our sourcing team and the project teams, they could manage to sustain the number of -- very healthy … | April 28, 2026 The pricing formula, what they have derived for the gas pool mechanism is like there were various gases available in the market. |
| Revenue growth | On the operational side, Adani Total Gas has achieved during this quarter robust year-on-year volume growth of 16% to 267 MMSCM which was largely driv… | Our strong operational execution was reflected in our financial performance with revenue growth at a rate of -- growing at the rate of 27% year-on-yea… | ATGL achieved robust overall volume growth of 16% year-on-year basis, with CNG volume rising 18% year-on-year in Q2 FY26 and 19% year- on-year for fir… | Second one, CNG volume growth of 18% Y-o-Y really a good set of numbers. | We are expecting the same revenue growth which we have achieved in the current financial year, maybe something more on our newer GA compared to our ex… |