Here, we are going to share Indraprastha Gas (IGL) Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
IGL is primarily engaged in the distribution of natural gas and operates a vast network of pipelines and CNG stations across various cities, with New Delhi and the National Capital Region (NCR) being the major operational areas.
The company is focused on contributing to environmental sustainability by promoting the use of natural gas, which is a cleaner alternative to conventional fuels.
Indraprastha Gas (IGL) Share Key Information
| Company Name | Indraprastha Gas Ltd |
| Headquarters | New Delhi, India |
| Sectors | Gas Transmission/Marketing |
| Market Cap | ₹ 37,485.04 Cr. |
| No. of Shares | 70 Cr. |
| Book Value | ₹127.90 |
| Dividend Yield | 1.65% |
| ROCE | 29.86% |
| ROE | 22.36% |
| Face Value | ₹2 |
| Sales Growth | -0.94% |
| Profit Growth | 20.97% |
Indraprastha Gas (IGL) Business Sector
IGL’s business model is centered around the distribution and sale of CNG and PNG. The company manages a wide network of CNG stations and pipelines, making it one of the key players in the natural gas distribution market in India.
With the government encouraging the use of cleaner fuel sources, IGL is well-positioned to capitalize on this transition. The company’s revenue primarily comes from:
- CNG sales: Supplying CNG to vehicles through a network of stations.
- PNG sales: Supplying piped gas to households, commercial entities, and industries.
- Expansion into new geographical areas: IGL is constantly expanding its footprint to new cities and states under the City Gas Distribution (CGD) framework.
Board Members
- Sanjiv Singh: Chairman
- A. K. Jana: Managing Director
- Other members include independent and non-executive directors who bring expertise from various sectors like finance, energy, and government.
Indraprastha Gas (IGL) Share Quarterly Results
| PARTICULARS | Mar 2024 | Jun 2024 |
|---|---|---|
| Net Sales | 3,964.42 | 3,891.47 |
| Total Expenditure | 3,441.87 | 3,309.62 |
| Operating Profit | 522.55 | 581.85 |
| Other Income | 109.44 | 72.67 |
| Interest | 2.55 | 2.21 |
| Depreciation | 110.77 | 114.31 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 518.67 | 538 |
| Tax | 135.87 | 136.55 |
| Profit After Tax | 382.80 | 401.45 |
| Adjusted EPS (Rs) | 5.47 | 5.74 |
Indraprastha Gas (IGL) Profits and Losses
T
| PARTICULARS | Mar 2023 | Mar 2024 |
|---|---|---|
| Net Sales | 14,132.63 | 14,000.02 |
| Total Expenditure | 12,090.92 | 11,614.79 |
| Operating Profit | 2,041.71 | 2,385.23 |
| Other Income | 276.23 | 363.21 |
| Interest | 26.84 | 27.53 |
| Depreciation | 363.36 | 413.75 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 1,927.74 | 2,307.16 |
| Tax | 482.72 | 559.08 |
| Net Profit | 1,445.02 | 1,748.08 |
| Adjusted EPS (Rs.) | 20.64 | 24.97 |
Indraprastha Gas (IGL) Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹565 | ₹593 |
| 2026 | ₹599 | ₹648 |
| 2027 | ₹655 | ₹718 |
| 2028 | ₹725 | ₹778 |
| 2029 | ₹783 | ₹853 |
| 2030 | ₹864 | ₹923 |
| 2035 | ₹1305 | ₹1425 |
| 2040 | ₹1905 | ₹2185 |
Indraprastha Gas (IGL) Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹565 |
| February 2025 | ₹568 |
| March 2025 | ₹566 |
| April 2025 | ₹571 |
| May 2025 | ₹576 |
| June 2025 | ₹581 |
| July 2025 | ₹588 |
| August 2025 | ₹583 |
| September 2025 | ₹578 |
| October 2025 | ₹582 |
| November 2025 | ₹588 |
| December 2025 | ₹593 |
Indraprastha Gas (IGL) Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹599 |
| February 2026 | ₹596 |
| March 2026 | ₹601 |
| April 2026 | ₹607 |
| May 2026 | ₹613 |
| June 2026 | ₹617 |
| July 2026 | ₹623 |
| August 2026 | ₹627 |
| September 2026 | ₹635 |
| October 2026 | ₹638 |
| November 2026 | ₹639 |
| December 2026 | ₹648 |
Indraprastha Gas (IGL) Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹655 |
| February 2027 | ₹668 |
| March 2027 | ₹678 |
| April 2027 | ₹683 |
| May 2027 | ₹689 |
| June 2027 | ₹698 |
| July 2027 | ₹691 |
| August 2027 | ₹685 |
| September 2027 | ₹692 |
| October 2027 | ₹710 |
| November 2027 | ₹723 |
| December 2027 | ₹718 |
Indraprastha Gas (IGL) Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹725 |
| February 2028 | ₹729 |
| March 2028 | ₹739 |
| April 2028 | ₹744 |
| May 2028 | ₹752 |
| June 2028 | ₹741 |
| July 2028 | ₹756 |
| August 2028 | ₹761 |
| September 2028 | ₹769 |
| October 2028 | ₹773 |
| November 2028 | ₹782 |
| December 2028 | ₹778 |
Indraprastha Gas (IGL) Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹783 |
| February 2029 | ₹791 |
| March 2029 | ₹799 |
| April 2029 | ₹802 |
| May 2029 | ₹811 |
| June 2029 | ₹823 |
| July 2029 | ₹833 |
| August 2029 | ₹835 |
| September 2029 | ₹828 |
| October 2029 | ₹831 |
| November 2029 | ₹845 |
| December 2029 | ₹853 |
Indraprastha Gas (IGL) Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹864 |
| February 2030 | ₹873 |
| March 2030 | ₹888 |
| April 2030 | ₹891 |
| May 2030 | ₹899 |
| June 2030 | ₹902 |
| July 2030 | ₹905 |
| August 2030 | ₹907 |
| September 2030 | ₹917 |
| October 2030 | ₹902 |
| November 2030 | ₹919 |
| December 2030 | ₹923 |
Indraprastha Gas (IGL) Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹1305 |
| April 2035 | ₹1345 |
| July 2035 | ₹1377 |
| October 2035 | ₹1405 |
| December 2035 | ₹1425 |
Indraprastha Gas (IGL) Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹1905 |
| April 2040 | ₹1985 |
| July 2040 | ₹2015 |
| October 2040 | ₹2095 |
| December 2040 | ₹2185 |
Indraprastha Gas (IGL) Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 45% |
| FIIs | 16.16% |
| DIIs | 30.01% |
| Public | 8.74% |
| Others | 0% |
Indraprastha Gas (IGL) Competitors
- Adani Total Gas
- Gujarat Gas
- Mahanagar Gas
- Rudra Gas Ecterprise
Bull Case of Indraprastha Gas (IGL) (Reasons to Invest)
Strong Growth Potential: With India’s push towards clean energy, IGL is well-positioned to benefit from the increased demand for natural gas as a cleaner alternative.
Expanding Network: Continuous expansion into new cities and states under the City Gas Distribution (CGD) framework will drive revenue growth.
Government Support: Government policies encouraging the use of CNG and PNG for vehicles and households ensure long-term growth prospects.
Consistent Financial Performance: IGL has demonstrated stable revenue growth and profitability, backed by increasing demand for gas services across urban and industrial sectors.
Environmental Benefits: As air pollution and climate change become urgent concerns, IGL’s clean energy solutions position it favorably among environmentally-conscious investors.
Bear Case of Indraprastha Gas (IGL) (Risks Involved)
Regulatory Risks: Being heavily regulated, changes in government policies or regulations, such as price controls on gas, could negatively impact profitability.
Competition from Electric Vehicles (EVs): The growing adoption of electric vehicles might reduce long-term demand for CNG, affecting IGL’s core business.
High Dependency on Imported Gas: IGL relies on imported natural gas, and fluctuations in global gas prices could affect margins and operational costs.
Infrastructure Challenges: Expansion into new areas requires heavy capital investment and could face challenges related to land acquisition, regulatory approvals, and infrastructure development.
Indraprastha Gas (IGL) Share Price Target: FAQ
What will be the target of IGL Share for the year 2025?
By the end of the year 2025, its share price can reach ₹593.
What will be the target of IGL Share for the year 2026?
By the end of the year 2026, its share price can reach ₹648.
What will be the target of IGL Share for the year 2027?
By the end of the year 2027, its share price can reach ₹718.
What will be the target of IGL Share for the year 2028?
By the end of the year 2028, its share price can reach ₹778.
What will be the target of IGL Share for the year 2029?
By the end of the year 2029, its share price can reach ₹853.
What will be the target of IGL Share for the year 2030?
By the end of the year 2030 its share price can reach ₹923.
What is the Current market cap of IGL company?
At present the market cap of this company is ₹ 37,485.04 Cr.
What is the NSE symbol of IGL company?
The symbol of this company in NSE exchange is IGL.
What is the BSE symbol of IGL company?
The symbol of this company in BSE exchange is 532514.
