Adani Total Gas Share Price, Stock Analysis & Company Profile
Adani Total Gas Limited is one of India’s leading city gas distribution (CGD) companies and a joint venture between the Adani Group and TotalEnergies. Positioned at the intersection of energy transition and urban infrastructure, the company plays a crucial role in expanding piped natural gas (PNG) and compressed natural gas (CNG) networks across India.
This page serves as a comprehensive hub for investors seeking a detailed Adani Total Gas stock analysis, offering essential tools to track the Adani Total Gas share price and evaluate its structural growth potential in India’s cleaner energy ecosystem.
About Adani Total Gas
Incorporated in 2005, Adani Total Gas Limited (ATGL) operates in the city gas distribution segment, supplying natural gas to industrial, commercial, domestic, and automotive customers. Headquartered in Ahmedabad, the company has steadily expanded its footprint across multiple geographical areas (GAs) awarded by the Petroleum and Natural Gas Regulatory Board (PNGRB).
The company focuses on developing robust gas pipeline infrastructure and CNG stations, enabling a transition from liquid fuels to cleaner-burning natural gas. With strategic backing from TotalEnergies, ATGL leverages global expertise in LNG sourcing, technology, and operational efficiency.
Over time, the company has diversified into:
- Electric vehicle (EV) charging infrastructure
- Biogas and compressed biogas (CBG) initiatives
- LNG for transport and industrial use
Its long-term thesis revolves around India’s increasing natural gas penetration and policy push toward a gas-based economy.
Adani Total Gas Business Model
The business model of Adani Total Gas is built on infrastructure-led expansion, volume growth, and long-term gas supply contracts. It operates through a diversified revenue mix:
- CNG (Compressed Natural Gas): Supply of CNG for vehicles through a rapidly expanding network of fuel stations. This segment benefits from rising vehicle conversions and policy-driven clean fuel adoption.
- PNG (Piped Natural Gas) – Domestic: Provision of piped gas connections to households for cooking and heating purposes, ensuring recurring and stable cash flows.
- PNG – Commercial & Industrial: Supply of natural gas to hotels, restaurants, hospitals, and manufacturing units as an alternative to LPG and other liquid fuels.
- Infrastructure Development: Investment in pipeline networks across awarded geographical areas, creating high entry barriers and long-term operating leverage.
- Emerging Energy Solutions: Expansion into EV charging, LNG for long-haul transport, and compressed biogas to align with energy transition trends.
Adani Total Gas IPO and Listing Details
The listing of Adani Total Gas on Indian stock exchanges marked its entry into public markets during a phase of growing investor interest in energy transition and infrastructure plays.
- IPO Listing Year: 2018
- IPO Price: Rs 76 per share
- Listing Price: The stock debuted at Rs 149 per share on NSE.
- Listing Gain: Approximately 96% over the issue price on listing day.
- Face Value: Rs 1 per share
- ISIN: INE931S01010
- Listing Exchanges: BSE and NSE
- BSE Scrip Code: 542066
- NSE Symbol: ATGL
Since listing, the company has witnessed significant volatility, influenced by regulatory developments, gas pricing dynamics, and broader movements in Adani Group stocks.
Adani Total Gas Corporate Action History
Adani Total Gas has undertaken corporate actions aimed at improving liquidity and broadening retail participation.
Stock Split History
The company executed a stock split to enhance affordability and trading liquidity.
2021: Stock Split from a Face Value of Rs 10 to Rs 1.
Ex-Date: 29 July 2021
Investor Resources Available on This Page
We believe in enabling retail investors with structured, data-driven insights. On this page, you can conduct your own Adani Total Gas stock analysis using the following sections:
- Price Chart: Track historical price movements and technical trends to understand the Adani Total Gas share price trajectory.
- Company Ratios: Access key valuation and performance metrics such as PE ratio, ROE, ROCE, EBITDA margins, and debt-to-equity ratio.
- Quarterly Results & Balance Sheet: Review volume growth (CNG/PNG), EBITDA performance, margin trends, and capital expenditure updates.
- Cash Flow & Annual Reports: Analyse capital allocation, operating cash flows, and expansion strategy through official disclosures.
- Shareholding Pattern: Examine promoter holding (Adani Group and TotalEnergies) and institutional participation (FII/DII trends).
- Pros & Cons: Get a simplified snapshot of strengths such as a strong geographical footprint and regulatory tailwinds, along with risks like gas price volatility and policy changes.
FAQs
Q1. What is the Adani Total Gas share price today?
The share price displayed at the top of this page reflects the latest trading value on the NSE and BSE. Price data is typically delayed by 15 minutes.
Q2. Who are the promoters of Adani Total Gas?
The company is promoted by the Adani Group and TotalEnergies, forming a strategic joint venture in the city gas distribution business.
Q3. What was the IPO price of Adani Total Gas?
The IPO was issued at Rs 76 per share in 2018.
Q4. Has Adani Total Gas issued bonus shares?
No, the company has not issued bonus shares to date.
Q5. Where are Adani Total Gas shares listed?
The shares are listed and traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Q6. What is the current face value of Adani Total Gas shares?
Following the 2021 stock split, the face value of each equity share is Rs 1.
Q7. How can I access the Adani Total Gas Annual Report?
You can download the latest Annual Report and investor presentations from the “Documents” or “Financials” section available on this page.