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Q4 volumes up 4%
Indraprastha Gas
28-Apr-2025, 02:24
Indraprastha Gas net sales (including other operating income) of Indraprastha Gas increased 9.84% to Rs 3950.84 crore. Operating profit margin has declined from 14.49% to 12.56%, leading to 4.80% decline in operating profit to Rs 496.15 crore. Purchase of finished goods cost rose from 70.98% to 74.45%. Employee cost decreased from 1.86% to 1.31%. Other expenses fell from 12.67% to 11.68%. Other income rose 13.08% to Rs 90.34 crore. PBIDT fell 2.42% to Rs 586.49 crore. Provision for interest rose 41.63% to Rs 3.64 crore. Loan funds rose to Rs 93.49 crore as of 31 March 2025 from Rs 81.17 crore as of 31 March 2024. Inventories declined from Rs 52.23 crore as of 31 March 2024 to Rs 48.76 crore as of 31 March 2025. Sundry debtors were lower at Rs 706.70 crore as of 31 March 2025 compared to Rs 1,018.63 crore as of 31 March 2024. Cash and bank balance rose to Rs 2,265.36 crore as of 31 March 2025 from Rs 2,155.51 crore as of 31 March 2024. Investments rose to Rs 2,925.79 crore as of 31 March 2025 from Rs 2,222.10 crore as of 31 March 2024 . PBDT fell 2.61% to Rs 582.85 crore. Provision for depreciation rose 9.34% to Rs 121.25 crore. Fixed assets increased to Rs 8,709.25 crore as of 31 March 2025 from Rs 7,986.77 crore as of 31 March 2024. Intangible assets increased from Rs 12.95 crore to Rs 25.14 crore. Profit before tax down 5.33% to Rs 461.60 crore. Share of profit/loss was 32.61% higher at Rs 108.1 crore. Provision for tax was expense of Rs 116.49 crore, compared to Rs 135.83 crore. Effective tax rate was 20.45% compared to 23.87%. Minority interest decreased 286% to Rs -1.93 crore. Net profit attributable to owners of the company increased 4.92% to Rs 455.14 crore. Equity capital increased from Rs 140.00 crore as of 31 March 2024 to Rs 280.00 crore as of 31 March 2025. Per share face Value remained same at Rs 2.00. Promoters' stake was 45.00% as of 31 March 2025 ,compared to 45.00% as of 31 March 2024. During Q4FY25, CNG sales volume has increased by 4% to 603.64 million standard cubic metres (mscm) and PNG sales volumes increased 4% to 222.46 mscm. On an overall basis there is 4% increase in sales volume during this period to 826.4 mscm over corresponding period of Q4FY24.
The scrip is currently trading at Rs 185 on the BSE.
Indraprastha Gas net sales (including other operating income) of Indraprastha Gas increased 9.84% to Rs 3950.84 crore. Operating profit margin has declined from 14.49% to 12.56%, leading to 4.80% decline in operating profit to Rs 496.15 crore. Purchase of finished goods cost rose from 70.98% to 74.45%. Employee cost decreased from 1.86% to 1.31%. Other expenses fell from 12.67% to 11.68%. Other income rose 13.08% to Rs 90.34 crore. PBIDT fell 2.42% to Rs 586.49 crore. Provision for interest rose 41.63% to Rs 3.64 crore. Loan funds rose to Rs 93.49 crore as of 31 March 2025 from Rs 81.17 crore as of 31 March 2024. Inventories declined from Rs 52.23 crore as of 31 March 2024 to Rs 48.76 crore as of 31 March 2025. Sundry debtors were lower at Rs 706.70 crore as of 31 March 2025 compared to Rs 1,018.63 crore as of 31 March 2024. Cash and bank balance rose to Rs 2,265.36 crore as of 31 March 2025 from Rs 2,155.51 crore as of 31 March 2024. Investments rose to Rs 2,925.79 crore as of 31 March 2025 from Rs 2,222.10 crore as of 31 March 2024 . PBDT fell 2.61% to Rs 582.85 crore. Provision for depreciation rose 9.34% to Rs 121.25 crore. Fixed assets increased to Rs 8,709.25 crore as of 31 March 2025 from Rs 7,986.77 crore as of 31 March 2024. Intangible assets increased from Rs 12.95 crore to Rs 25.14 crore. Profit before tax down 5.33% to Rs 461.60 crore. Share of profit/loss was 32.61% higher at Rs 108.1 crore. Provision for tax was expense of Rs 116.49 crore, compared to Rs 135.83 crore. Effective tax rate was 20.45% compared to 23.87%. Minority interest decreased 286% to Rs -1.93 crore. Net profit attributable to owners of the company increased 4.92% to Rs 455.14 crore. Equity capital increased from Rs 140.00 crore as of 31 March 2024 to Rs 280.00 crore as of 31 March 2025. Per share face Value remained same at Rs 2.00. Promoters' stake was 45.00% as of 31 March 2025 ,compared to 45.00% as of 31 March 2024. During Q4FY25, CNG sales volume has increased by 4% to 603.64 million standard cubic metres (mscm) and PNG sales volumes increased 4% to 222.46 mscm. On an overall basis there is 4% increase in sales volume during this period to 826.4 mscm over corresponding period of Q4FY24.
Full year results analysis
Net sales (including other operating income) of Indraprastha Gas has increased 6.63% to Rs 14927.8 crore. Operating profit margin has declined from 16.88% to 13.22%, leading to 16.52% decline in operating profit to Rs 1,973.28 crore. Purchase of finished goods cost rose from 70.10% to 74.18%. Employee cost decreased from 1.63% to 1.37%. Other expenses fell from 11.39% to 11.23%. Other income rose 28.04% to Rs 334.12 crore. PBIDT fell 12.09% to Rs 2307.4 crore. Provision for interest rose 12.32% to Rs 10.3 crore. Loan funds rose to Rs 93.49 crore as of 31 March 2025 from Rs 81.17 crore as of 31 March 2024. Inventories declined from Rs 52.23 crore as of 31 March 2024 to Rs 48.76 crore as of 31 March 2025. Sundry debtors were lower at Rs 706.70 crore as of 31 March 2025 compared to Rs 1,018.63 crore as of 31 March 2024. Cash and bank balance rose to Rs 2,265.36 crore as of 31 March 2025 from Rs 2,155.51 crore as of 31 March 2024. Investments rose to Rs 2,925.79 crore as of 31 March 2025 from Rs 2,222.10 crore as of 31 March 2024 . PBDT fell 12.17% to Rs 2297.1 crore. Provision for depreciation rose 14.95% to Rs 475.86 crore. Fixed assets increased to Rs 8,709.25 crore as of 31 March 2025 from Rs 7,986.77 crore as of 31 March 2024. Intangible assets increased from Rs 12.95 crore to Rs 25.14 crore. Profit before tax down 17.27% to Rs 1,821.24 crore. Share of profit/loss was 5.94% higher at Rs 361.29 crore. Provision for tax was expense of Rs 469.52 crore, compared to Rs 559.1 crore. Effective tax rate was 21.51% compared to 21.99%. Minority interest decreased 184.43% to Rs -4.75 crore. Net profit attributable to owners of the company decreased 13.47% to Rs 1,717.76 crore. Equity capital increased from Rs 140.00 crore as of 31 March 2024 to Rs 280.00 crore as of 31 March 2025. Per share face Value remained same at Rs 2.00. Promoters' stake was 45.00% as of 31 March 2025 ,compared to 45.00% as of 31 March 2024 . Cash flow from operating activities increased to Rs 2,198.80 crore for year ended March 2025 from Rs 1,531.76 crore for year ended March 2024. Cash flow used in acquiring fixed assets during the year ended March 2025 stood at Rs 1,164.22 crore, compared to Rs 1,229.05 crore during the year ended March 2024. During FY25, CNG sales volume has increased by 6% to 2430.68 million standard cubic metres (mscm) and PNG sales volumes increased 8% to 848.37 mscm. On an overall basis there is 7% increase in sales volume during this period to 3280.87 mscm over FY24.The scrip is currently trading at Rs 185 on the BSE.
| Indraprastha Gas : Consolidated Results | ||||||
| Particulars | 2503 (03) | 2403 (03) | Var.(%) | 2503 (12) | 2403 (12) | Var.(%) |
| Net Sales (including other operating income) | 3,950.84 | 3,596.79 | 10 | 14,927.80 | 14,000.02 | 7 |
| OPM (%) | 12.6 | 14.5 | 13.2 | 16.9 | ||
| OP | 496.15 | 521.17 | -5 | 1,973.28 | 2,363.66 | -17 |
| Other Inc. | 90.34 | 79.89 | 13 | 334.12 | 260.95 | 28 |
| PBIDT | 586.49 | 601.06 | -2 | 2,307.40 | 2,624.61 | -12 |
| Interest | 3.64 | 2.57 | 42 | 10.3 | 9.17 | 12 |
| PBDT | 582.85 | 598.49 | -3 | 2,297.10 | 2,615.44 | -12 |
| Depreciation | 121.25 | 110.89 | 9 | 475.86 | 413.96 | 15 |
| PBT | 461.6 | 487.6 | -5 | 1821.24 | 2201.48 | -17 |
| Share of Profit/(Loss) from Associates | 108.1 | 81.52 | 33 | 361.29 | 341.02 | 6 |
| PBT before EO | 569.7 | 569.12 | 0 | 2182.53 | 2542.5 | -14 |
| EO Income | 0 | 0 | - | 0 | 0 | - |
| PBT after EO | 569.7 | 569.12 | 0 | 2182.53 | 2542.5 | -14 |
| Taxation | 116.49 | 135.83 | -14 | 469.52 | 559.1 | -16 |
| PAT | 453.21 | 433.29 | 5 | 1713.01 | 1983.4 | -14 |
| Minority Interest (MI) | -1.93 | -0.5 | -286 | -4.75 | -1.67 | -184 |
| Net profit | 455.14 | 433.79 | 5 | 1717.76 | 1985.07 | -13 |
| EPS (Rs)* | # | # | 12.3 | 14.2 | ||
| Notes | ||||||
| * EPS is on current equity of Rs 280.00 crore, Face value of Rs 2, Excluding extraordinary items. | ||||||
| # EPS is not annualised | ||||||
| bps : Basis points | ||||||
| EO : Extraordinary items | ||||||
| Figures in Rs crore | ||||||
| Source: Capitaline Corporate Database | ||||||
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