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Adani Total Gas Ltd Performance

Today's Low
898.00
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Today's High
919.00
52 Wk Low
522.00
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52 Wk High
1,259.40


Open

910

Traded Value (Cr)

89.69 Cr

Prev. Close

920.15

VWAP

912.75

Volume

8,61,752

Face Value

1

Adani Total Gas Ltd Fundamentals

Market Cap
₹ 1,05,895 Cr
P/E Ratio (TTM)
177.32
P/B Ratio
32.73
Debt to Equity
0.42
ROE
17.65 %
EPS (TTM)
5.43
Dividend Yield
0.03%
Book Value
29.42

Click here to know more about Fundamentals

Adani Total Gas Ltd Financials

Adani Total Gas Ltd Financials

Adani Total Gas Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 74.80 % 74.80 % 74.80 % 74.80 %
FII 13.14 % 13.06 % 13.94 % 14.08 %
Others 6.60 % 6.56 % 6.50 % 6.49 %
Retail 5.37 % 5.45 % 4.64 % 4.50 %
Mutual Funds 0.09 % 0.12 % 0.13 % 0.13 %

Promoters

74.80%

FII

13.14%

Others

6.60%

Retail

5.37%

Mutual Funds

0.09%

Promoters

74.80%

FII

13.06%

Others

6.56%

Retail

5.45%

Mutual Funds

0.12%

Promoters

74.80%

FII

13.94%

Others

6.50%

Retail

4.64%

Mutual Funds

0.13%

Promoters

74.80%

FII

14.08%

Others

6.49%

Retail

4.50%

Mutual Funds

0.13%

Resistance and Support

₹923.52

PIVOT

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Resistance
First Resistance₹940.733
Second Resistance₹955.217
Third Resistance₹972.433
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Support
First Resistance₹909.033
Second Resistance₹891.817
Third Resistance₹877.333
RSI47.355
MACD-2.769
ADX31.284
CCI-145.463

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day861,752311,44731.68
Week919,584554,39850.22
1 Month2,047,936841,19141.87
6 Months861,752340,23439.48

About Adani Total Gas Ltd

Adani Total Gas Limited (ATGL) was originally incorporated as 'Adani Gas Limited' on August 5th, 2005 in Navrangpura, Ahmedabad. The Company changed the name from Adani Gas Limited to 'Adani Total Gas Limited' on 1st January, 2021. The Company is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users. The Company is exploring of doing businesses of bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment and provision of value-added services relating to CGD business. During the year 2017, Adani Enterprises Limited transferred 25,67,42,040 (100%) equity Shares of the Company to Adani Gas Holdings Limited. Accordingly, the Company has become whollyowned Subsidiary Company of Adani Gas Holdings Limited w.e.f. 29th March 2017 and continues to be a step-down 100% subsidiary of Adani Enterprises Limited. During the year under review, the Board of Directors at its meeting held on 18th January, 2018 had approved the Composite Scheme of Arrangement among Adani Gas Holdings Limited (AGHL) and Adani Gas Limited (the Company) and Adani Enterprises Limited (AEL) and their respective shareholders and creditors for: (a) Amalgamation of AGHL with the Company; and (b) Subject to satisfactory fulfilment of (a) above i.e., upon amalgamation of AGHL with the Company becoming effective, demerger of the Demerged Undertaking of AEL and transfer of the same to the Company. The rationale for Composite Scheme of Arrangement are as under: (i) The amalgamation of AGHL with Company is for simplification of holding structure resulting in reduction of managerial overlaps and reduction in multiplicity of legal and regulatory compliances. (ii) Further, considering following factors, it is desired to segregate Gas Sourcing and Distribution Business by way of demerger and transfer the same to Company from other businesses of AEL: (a) To lend greater/enhanced focus to the operation of Gas Sourcing and Distribution Business and the other businesses. (b) To facilitate management to efficiently exploit opportunities for each of Gas Sourcing and Distribution Business and the other businesses. (c) To create enhanced value for shareholders by allowing a focused strategy and specialization for sustained growth. (d) To provide scope for independent collaboration and expansion pertaining to Gas Sourcing and Distribution Business. The said scheme is effective upon approval of shareholders and creditors, Hon'ble National Company Law Tribunal and other regulatory and statutory approvals as applicable. During the period, the Equity Shares of the Company got listed on 5 November 2018 on both the recognised Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited pursuant to Scheme of Arrangement. During the year under review, the Hon'ble National Company Law Tribunal, Bench at Ahmedabad (NCLT) had, vide its order dated 3 August, 2018 sanctioned the Composite Scheme of Arrangement among Adani Gas Holdings Limited (AGHL) and Adani Gas Limited (AGL) and Adani Enterprises Limited (AEL) and their respective Shareholders and Creditors. The scheme was approved by the shareholders, secured and unsecured creditors of the Company with requisite majority on 3 July 2018. The Scheme inter-alia provided for:-a. amalgamation of AGHL with AGL (Part II of the Scheme); and i. Upon the effectiveness of Part II of Scheme and in consideration of amalgamation of the AGHL with AGL - a. 1 equity share of Rs 10/- each of the AGL credited as fully paid-up for every 1 compulsorily convertible preference share of Rs 10/- each to compulsorily convertible preference shareholder of AGHL. b. 1 Preference Share of Rs 10/- each of the AGL credited as fully paid-up for every 1 equity share of Rs 10/- to equity shareholder of AGHL. The Company had fixed 26 August 2018 as record date to determine its shareholders who would be entitled to shares of the Company as aforesaid, pursuant to Part II of the Scheme. Accordingly, the Board of Directors of Company had on 26 August, 2018 allotted Equity Shares and Preference Shares to those shareholders of AGHL whose names appeared in the Register of Members as on the Record Date in the above mentioned ratio. b. Subject to satisfactory fulfillment of (a) above, demerger of the Demerged Undertaking (as Defined in the Composite Scheme of Arrangement) of AEL and transfer of the same to the AGL (Part III of the Scheme'). i. Upon the effectiveness of Part III of the Scheme and in consideration of transfer and vesting of Demerged Undertaking into Resulting Company:- a. 1 (One) equity share of Rs 1/- each of AGL credited as fully paid up for every 1 equity share of Rs 1/- each to equity shareholder of AEL. b. AEL had fixed 7 September 2018 as record date to determine its shareholders who would be entitled to shares of the Company as aforesaid, pursuant to the Scheme. During the year 2019, pursuant to composite scheme of arrangement, the Company ceased as step-down subsidiary of Adani Enterprises Limited and as subsidiary of Adani Gas Holdings Limited. 33 New CNG Stations were added in FY 2019-20. In FY 2020-21, Indian Oil-Adani Gas Pvt. Ltd. (IOAGPL), a JV Company of Indian Oil Corporation Limited (IOC) and Adani TOTAL Gas Ltd. (ATGL) was commissioned to develop City Gas Distribution projects across the country through a network of underground pipelines for distribution of natural gas. On 20th August, 2021, the Company formed Smart Meters Technologies Private Limited (SMPTL) as a 50:50 joint venture for the manufacture of gas meters dedicated to the design, development and manufacture of gas meters). It added 314 commercial connections in 2021. It infused first equity in SMTPL on 8th October, 2021. The Company introduced 117 new CNG stations in FY22, resulting in a total of 334 CNG stations as on 31st March 2022. ATGL had connected more than 5.64 Lakh domestic connections, having added more than 85,000 connections in FY22. Similarly, it reported strong growth in Industrial and Commercial connections which stood at 5,676 consumers as on 31st March 2022 (added 710 consumers in FY 22). On the steel pipeline front, it completed 5,384 inch Km of steel pipeline in the GAs allotted in the 9th and 10th rounds with a total of more than 8,900 inch kms across locations. During the year 2023, the Company incorporated two wholly owned subsidiaries, Adani TotalEnergies E-mobility Limited (ATEL) and Adani TotalEnergies Biomass Limited (ATBL). It commissioned 104 EV charging points and commenced the construction of a biogas plant; commissioned CNG Stations in 14 geographical areas; commissioned a Compressed Bio-Gas (CBG) Plant in Varanasi and commissioned India's first standalone compressed biogas station During the year 2023, the Company acquired a 50% stake in a company that manufactures Smart & Mechanical Gas Meters with Automatic Meter Reading (AMR).

Managing Director

Founded

2005

NSE Symbol

ATGL

Adani Total Gas Ltd Management

NameDesignation
Gautam AdaniChairman (Non-Executive)
Pranav AdaniDirector
Naresh NayyarIndependent Director
Chandra IyengarIndependent Director
Gunjan TaunkCompany Sec. & Compli. Officer
Gauri S TrivediIndependent Director
Olivier SabriéDirector
Shashi ShankerIndependent Director
Suresh P ManglaniExecutive Director & CEO
Shailesh V HaribhaktiIndependent Director
Ahlem Friga NoyAddtnl Non-Executive Director

Adani Total Gas Ltd News

Adani TotalEnergies E-Mobility signs MoU with MG Motor India
To strengthen EV charging infrastructure in India
Market rises for 3rd day; Nifty closes above 22,450 mark; VIX slumps 5.84%
ATG jumps after arm starts operations at Barsana Biogas Plant
Adani Total Gas (ATGL) jumped 4.62% to Rs 968.25 after the company’s wholly owned subsidiary, Adani TotalEnergies Biomass said that it has commissioned operations at phase 1 of Barsana Biogas Plant, located in the Mathura, Uttar Pradesh.
Adani Total Gas appoints director
With effect from 21 March 2024
Adani Total Gas consolidated net profit rises 17.61% in the December 2023 quarter
Sales rise 4.58% to Rs 1156.14 crore
Adani Total Gas Q3 PAT rises 16% YoY to Rs 172 cr
The natural gas distribution company reported 16.1% increase in net profit to Rs 172.28 crore in Q3 FY24 as against Rs 148.39 crore recorded in Q3 FY23.
Adani Total Gas to declare Quarterly Result
On 30 January 2024
Adani Total Gas inks MoU with Shigan Quantum Technologies
Adani Total Gas (ATGL) said that it has signed memorandum of understanding (MoU) with Shigan Quantum Technologies for decarbonizing the supply chain by creating an ecosystem which will enable transitioning to cleaner fuels such as CNG and LNG.
Adani Total to aid Flipkart’s efforts to reduce carbon footprint across its supply chain
Adani Total Gas said that it has signed a memorandum of understanding (MoU) with Flipkart to aid the latter’s efforts to decarbonise its supply chain.
Adani Total Gas signs MoU with Flipkart
To deploy EV charging infrastructure across Flipkart's supply chain

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Adani Total Gas Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Adani Total Gas Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Adani Total Gas Ltd's share price is ₹912.40 as of April 19, 2024

Adani Total Gas Ltd's P/E ratio is 177.32 times as of April 19, 2024.

Adani Total Gas Ltd's most recent financial reports indicate a price-to-book ratio of 32.73, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Adani Total Gas Ltd's market is 105,895 Cr as on April 19, 2024.

The current financial records of Adani Total Gas Ltd show a 17.65% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Adani Total Gas Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Adani Total Gas Ltd's 52-week high and low as of April 19, 2024 are ₹919 and ₹898 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Adani Total Gas Ltd stands at 74.80%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 13.06% to 13.14%.