Adani Total Gas share surges 8.16%, among top gainers on Nifty Midcap 150
With Adani Total Gas last traded at Rs 656.50, the stock has demonstrated strong upward movement in today's session, making it a top performer on the Nifty Midcap 150 index.
Alpha Desk
September 19, 2025 / 12:12 IST
DisclaimerThis is an AI-assisted live blog with updates from multiple sourcesDisclaimer
Shares of Adani Total Gas saw significant gains in Friday's trading session, rising by 8.16% to reach Rs 656.50. The stock was identified as one of the top gainers on the Nifty Midcap 150 index as of 12:00 PM.
Other top gainers on the Nifty Midcap 150 included Gujarat Fluoro, up by 3.51% to Rs 3,844.00, Indian Renew, which increased by 3.13% to Rs 160.40, GE Vernova TD, gaining 2.95% to reach Rs 3,073.90, and Motilal Oswal, which rose by 2.93% to Rs 950.05.
Adani Total Gas Financial Performance
The following tables summarize the key financial data for Adani Total Gas.
Income Statement - Quarterly (Consolidated)
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 1,145.49 Crore
Rs 1,218.65 Crore
Rs 1,294.46 Crore
Rs 1,341.26 Crore
Rs 1,378.58 Crore
Net Profit
Rs 173.43 Crore
Rs 176.24 Crore
Rs 141.31 Crore
Rs 148.40 Crore
Rs 161.03 Crore
EPS
1.56
1.69
1.29
1.41
1.50
The revenue for Adani Total Gas has shown a consistent increase over the quarters, from Rs 1,145.49 Crore in June 2024 to Rs 1,378.58 Crore in June 2025. However, the net profit has fluctuated, with a high of Rs 176.24 Crore in September 2024 and a low of Rs 141.31 Crore in December 2024.
Income Statement - Yearly (Consolidated)
Heading
2021
2022
2023
2024
2025
Revenue
Rs 1,695.60 Crore
Rs 3,037.81 Crore
Rs 4,378.19 Crore
Rs 4,474.74 Crore
Rs 4,999.86 Crore
Net Profit
Rs 471.95 Crore
Rs 504.66 Crore
Rs 529.14 Crore
Rs 649.60 Crore
Rs 639.38 Crore
EPS
4.21
4.63
4.97
6.07
5.95
BVPS
17.58
21.97
26.74
32.55
38.25
ROE
23.93
21.08
18.58
18.64
15.55
Debt to Equity
0.22
0.41
0.47
0.41
0.42
The yearly data indicates a significant increase in revenue from Rs 1,695.60 Crore in 2021 to Rs 4,999.86 Crore in 2025. Net profit also increased, but there was a slight decrease from 2024 (Rs 649.60 crore) to 2025 (Rs 639.38 crore). Earnings per share (EPS) followed a similar trend. The debt-to-equity ratio has remained relatively stable over the past five years.
Annual Income Statement
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 4,999 Crore
Rs 4,474 Crore
Rs 4,378 Crore
Rs 3,037 Crore
Rs 1,695 Crore
Other Income
Rs 30 Crore
Rs 44 Crore
Rs 36 Crore
Rs 41 Crore
Rs 44 Crore
Total Income
Rs 5,030 Crore
Rs 4,518 Crore
Rs 4,415 Crore
Rs 3,079 Crore
Rs 1,739 Crore
Total Expenditure
Rs 4,070 Crore
Rs 3,528 Crore
Rs 3,621 Crore
Rs 2,347 Crore
Rs 1,068 Crore
EBIT
Rs 960 Crore
Rs 989 Crore
Rs 793 Crore
Rs 731 Crore
Rs 671 Crore
Interest
Rs 100 Crore
Rs 111 Crore
Rs 78 Crore
Rs 52 Crore
Rs 40 Crore
Tax
Rs 220 Crore
Rs 228 Crore
Rs 186 Crore
Rs 174 Crore
Rs 159 Crore
Net Profit
Rs 639 Crore
Rs 649 Crore
Rs 529 Crore
Rs 504 Crore
Rs 471 Crore
From 2021 to 2025, Adani Total Gas has displayed substantial growth in sales, increasing from Rs 1,695 Crore to Rs 4,999 Crore. Total Income, EBIT, and Net Profit have all generally increased over the years, indicating strong financial performance. Sales increased by 11.73 percent in 2025 compared to 2024.
Cash Flow
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 963 Crore
Rs 955 Crore
Rs 852 Crore
Rs 735 Crore
Rs 653 Crore
Investing Activities
Rs -933 Crore
Rs -752 Crore
Rs -1,166 Crore
Rs -1,136 Crore
Rs -770 Crore
Financing Activities
Rs 56 Crore
Rs -77 Crore
Rs 294 Crore
Rs 421 Crore
Rs 38 Crore
Others
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Cash Flow
Rs 86 Crore
Rs 125 Crore
Rs -19 Crore
Rs 20 Crore
Rs -78 Crore
The cash flow statement shows that Adani Total Gas has generally positive cash flow from operating activities. Investing activities consistently show negative cash flow, indicating investments in assets. Financing activities vary, with some years showing positive and others negative cash flow.
Balance Sheet
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 109 Crore
Rs 109 Crore
Rs 109 Crore
Rs 109 Crore
Rs 110 Crore
Reserves & Surplus
Rs 4,097 Crore
Rs 3,470 Crore
Rs 2,830 Crore
Rs 2,306 Crore
Rs 1,823 Crore
Current Liabilities
Rs 1,538 Crore
Rs 1,810 Crore
Rs 2,193 Crore
Rs 1,464 Crore
Rs 808 Crore
Other Liabilities
Rs 1,919 Crore
Rs 1,201 Crore
Rs 510 Crore
Rs 534 Crore
Rs 461 Crore
Total Liabilities
Rs 7,664 Crore
Rs 6,591 Crore
Rs 5,645 Crore
Rs 4,415 Crore
Rs 3,203 Crore
Fixed Assets
Rs 5,497 Crore
Rs 4,650 Crore
Rs 3,928 Crore
Rs 2,878 Crore
Rs 2,050 Crore
Current Assets
Rs 1,120 Crore
Rs 1,032 Crore
Rs 858 Crore
Rs 361 Crore
Rs 223 Crore
Other Assets
Rs 1,045 Crore
Rs 908 Crore
Rs 859 Crore
Rs 1,175 Crore
Rs 930 Crore
Total Assets
Rs 7,664 Crore
Rs 6,591 Crore
Rs 5,645 Crore
Rs 4,415 Crore
Rs 3,203 Crore
Contingent Liabilities
Rs 4,876 Crore
Rs 4,611 Crore
Rs 4,089 Crore
Rs 4,264 Crore
Rs 4,210 Crore
The balance sheet data reveals consistent growth in reserves and surplus, as well as fixed assets, indicating reinvestment in the company's operations. Total liabilities and total assets have also increased steadily. Contingent liabilities have remained relatively stable over the years.
Financial Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Basic EPS (Rs.)
6.32
5.16
3.78
8.03
4.42
Diluted Eps (Rs.)
6.32
5.16
3.78
8.03
4.42
Book Value [Excl. Reval Reserve]/Share (Rs.)
38.20
31.85
25.98
23.06
38.17
Dividend/Share (Rs.)
0.00
0.00
0.00
0.00
0.00
Face Value
10
10
10
10
10
Gross Profit Margin (%)
93.19
98.30
93.37
85.46
82.72
Operating Margin (%)
92.62
97.69
92.69
84.65
81.86
Net Profit Margin (%)
25.19
25.22
24.83
22.15
13.25
Return on Networth / Equity (%)
16.54
14.62
14.56
12.02
11.56
ROCE (%)
14.00
16.31
15.91
29.99
40.25
Return On Assets (%)
2.13
2.00
1.71
1.72
1.14
Current Ratio (X)
2.19
1.83
1.59
1.20
1.12
Quick Ratio (X)
2.19
1.83
1.59
1.20
1.12
Debt to Equity (x)
6.31
5.80
6.77
3.37
7.80
Interest Coverage Ratios (X)
1.52
1.54
1.56
1.54
1.38
Asset Turnover Ratio (%)
0.09
0.09
0.08
0.09
0.09
Inventory Turnover Ratio (X)
0.00
0.00
0.00
0.00
0.00
3 Yr CAGR Sales (%)
53.54
37.80
21.28
18.98
20.30
3 Yr CAGR Net Profit (%)
63.74
90.13
100.75
61.09
-3.30
P/E (x)
25.41
26.34
0.00
0.00
0.00
P/B (x)
4.20
4.27
0.00
0.00
0.00
EV/EBITDA (x)
17.07
17.52
0.00
0.00
0.00
P/S (x)
6.40
7.36
0.00
0.00
0.00
Adani Total Gas announced several corporate actions, as per the BSE filings. The company published newspaper articles pertaining to the 100 days campaign "Saksham Niveshak" for KYC and shareholder engagement. CRISIL Ratings Limited has assigned the company a long-term rating of CRISIL AA+ with a stable outlook and a short-term rating of CRISIL A1+.
With Adani Total Gas last traded at Rs 656.50, the stock has demonstrated strong upward movement in today's session, making it a top performer on the Nifty Midcap 150 index.