Adani Gas Ltd.

SECTOR: Trading

134.15
₹ -1.95 (-1.43%)
Today's High: 140.45 Today's Low : 132.3
52 Week High: 194.55 52 Week Low : 76.70
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

14753.952263445 Cr.

P/E

33.82

P/B

9.97

Face Value

₹1

Div. Yield

0.22%

Book Value (TTM)

13.4598

Enterprise Value

14988.162263445 Cr.

CASH

159.76 Cr.

DEBT

393.97 Cr.

Promoter Holding

74.8%

EPS (TTM)

3.9665

Sales Growth

25.14 %

ROE

21.40 %

ROCE

23.94 %

Profit Growth

38.97 %

No. of Shares

109.9810083 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Sales Growth

1 Year25.11%
3 Year15.05%
5 Year2.28%

 Profit Growth

1 Year38.79%
3 Year41.12%
5 Year36.85%

 ROE

1 Year21.4%
3 Year18.51%
5 Year17.4%

 ROCE

1 Year23.94%
3 Year21%
5 Year20.06%

 Debt Equity

0.35

 Price to Cash Flow

41.43

  Interest Cover Ratio

4.97

 CFO/PAT (5 Yr Avg.)

2.23887321836616

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 74.8 0
Dec 2019 74.8 0
Sep 2019 74.8 0
Jun 2019 74.8 0
Mar 2019 74.8 0
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 41.1220318314322% for the Past 3 years.
  • The company has shown a good revenue growth of 15.0538281476304% for the Past 3 years.
  • The company has significantly decreased its debt by 9507.3 Cr.
  • Company has been maintaining healthy ROCE of 21.0033333333333% over the past 3 years.
  • The Company has been maintaining an effective average operating margins of 22.168% in the last 5 years.
  • Company’s PEG ratio is -0.500603149362889.
  • The company has an efficient Cash Conversion Cycle of -3.44 days.
  • Company has a healthy liquidity position with current ratio of 3.03.
  • The company has a good cash flow management; CFO/PAT stands at 1.55502183406114.
  • The company has a high promoter holding of 74.8%.

 Limitations

  • Company has contingent liabilities of 3560.71.
  • The company is trading at a high PE of 61.96.

 Quarterly Result (All Figures are in Crores.)

Particulars Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
Net Sales 494.17 478.99 502.82 518.77 490.32
Other Income 11.64 10.72 11.61 10.33 11.73
Total Expenditure 354.58 344.12 366.99 362.66 322.37
Operating Profit 151.23 145.59 147.44 166.44 179.68
Interest 10.5 10.34 10.79 9.89 10.03
Depreciation 18.2 12.55 11.67 12.93 13.55
Exceptional Items -2.64 0 0 0 0
Profit Before Tax 119.89 122.7 124.98 143.62 156.1
Tax 44.21 43.43 4.55 29.15 34.03
Profit After Tax 75.68 79.27 120.43 114.47 122.07

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Net Sales 1338.48 1128.68 1087 1374 1719
Other Income 13.25 27.94 40.54 80 87
Total Expenditure 1119.15 868.77 810.05 1009 1264
Operating Profit 232.57 287.85 317.49 445 541
Interest 43.81 42.67 44.27 125 90
Depreciation 55.16 52.47 56.17 61 67
Exceptional Items 0 -54.24 -60.97 0 -28
Profit Before Tax 133.6 138.46 156.09 259 357
Tax 37.53 56.99 54.9 94 128
Net Profit 96.07 81.48 101.19 165 229
Adjusted EPS 4 3 4 6 2

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 256.74 256.74 256.74 256.74 109.98
Total Reserves 328.19 357.25 458.1 622.18 1001.5
Borrowings 254.53 94.2 320.67 1234.26 345.76
Other N/C liabilities 240.39 265.4 292.75 334.42 378.28
Current liabilities 175.96 460.46 331.54 364.45 222.12
Total Liabilities 1255.81 1434.04 1659.81 2812.05 2057.64
Assets
Net Block 730.41 757.44 831.8 896.72 980.18
Capital WIP 205.82 157.02 86.65 101.83 190.47
Investments 12.3 45 85 124 185.5
Loans & Advances 27.76 24.66 16.83 1036.72 25.96
Other N/C Assets 1.38 1.54 3.58 1.82 1.97
Current Assets 278.15 448.38 635.94 650.96 673.56
Total Assets 1255.81 1434.04 1659.81 2812.05 2057.64
* Other Non-current Liabilities include Net deferred Liabilities

 Cash Flows (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Profit Before Tax 133.6 138.46 156.09 258.97 356.52
Adjustment 97.86 129.74 129.41 106.33 111.15
Working Capital Changes 17.49 25.2 20 0.3 10.85
Tax Paid -30.08 -38.39 -47.13 -88.74 -122.42
Operating Cash Flow 218.87 255.01 258.38 276.86 356.1
Investing Cash Flow -38.37 -412.74 -303.25 -987.65 791.01
Financing Cash Flow -77.88 39.41 50.17 778.84 -1077.14
Net Cash Flow 102.62 -118.32 5.3 68.05 69.97

 Corporate Actions

 Annual Reports

No Annual reports exist for this company.

 Ratings & Research Reports

 Company Presentations

 Adani Gas Stock Price Analysis and Quick Research Report

Is Adani Gas an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Adani Gas has a PE ratio of 61.9602247387521 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Adani Gas has ROA of 9.39320572767466 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Adani Gas has a Current ratio of 3.03241491085899 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Adani Gas has a ROE of 21.403170562803 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Adani Gas has a D/E ratio of 0.354455320833483 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Adani Gas has an Inventory turnover ratio of 42.3476544356712 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Adani Gas has reported revenue growth of 25.14 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Adani Gas for the current financial year is 24.9324098295028 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Adani Gas is Rs 0.25 and the yield is 0.2228 %.

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