Indraprastha Gas Limited (IGL) Earnings Call Transcripts

Indraprastha Gas Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Indraprastha Gas Limited (IGL) reported a revenue of INR 17,785 crores, reflecting an 8% increase from INR 16,340 crores in the previous year. However, the company experienced a decline in EBITDA to INR 1,850 crores, down 6% YoY, and a PAT of INR 1,364 crores, which was lower by INR 103 crores compared to last year. Management provided guidance for FY '27, projecting an exit sales volume of 10.6 mmscmd and a 20% growth in domestic sales volume, driven by the PNG Drive 2.0 initiative.

Reported metrics

Guidance from management

Management maintained a sales volume exit guidance of 10.6 mmscmd for FY '27 and expects a 20% growth in domestic sales volume driven by the PNG Drive 2.0 initiative.

What management said

Yes, yes. I think your point is well taken, and we'll come out with certain mechanisms so that timely more effective communication and something on the website will be also published.

Okay. So as I think MD also just shared that I think yesterday, only some EV policy and CNG policy of Haryana has come, wherein the aggregators case, they have the preferred to go for CNG and EV on a tandem basis and further curtailment of petrol vehicles. So since we have also gone ahead with the acceptance of the GA Haryana, in particularly [ Faridabad and Gurgaon ], I think it will be beneficial listing for IGL.

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical factors on gas sourcing and pricing, as well as the potential for increased competition from electric vehicles. There were also inquiries about the sustainability of margins given the rising input costs.

Main topics on the call

• Sales Volume Growth — IGL achieved an average sales volume of 9.39 mmscmd for FY '26, up from 8.99 mmscmd in FY '25, with a notable 10% increase in CNG sales volume. Management stated, "We are expecting substantial increase of 3 to 4 lakh bui...
• Revenue and EBITDA Performance — The company reported a gross turnover of INR 17,785 crores, an 8% increase YoY, but EBITDA declined by 6% to INR 1,850 crores. Management noted, "Despite the increasing gas price amid international prices, we are able to...
• Future Sales Volume Guidance — Management provided guidance for FY '27, expecting an exit sales volume of 10.6 mmscmd, which incorporates a 10% to 13% growth in CNG sales volume. They stated, "We are quite hopeful that with the gas sourcing arrangemen...
• Impact of Geopolitical Factors — Management acknowledged challenges in gas sourcing due to geopolitical volatility in West Asia, stating, "We do volatility in the gas supply and pricing yet the company has demonstrated resilience through disciplined exe...

Read the full Indraprastha Gas Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Indraprastha Gas Limited earnings call transcripts on record, spanning February 26, 2020 to May 19, 2026. Based on this history, Indraprastha Gas Limited reports quarterly. The most recent call on file is dated May 19, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IGL

Exchange

NSEI

Country

IN

Sector

Utilities

Industry

Gas Utilities

Calls on record

24

First call

February 26, 2020

Most recent

May 19, 2026

Reporting cadence

quarterly