Adani Total Gas Limited (ATGL), one ofIndia’s largest city gas distribution (CGD) companies, continues its mission of transforming India’s energy landscape through extensive infrastructure development in Existing and new geographical areas (GAs), volume growth and new age energy business. Today, ATGL announced its operational, infrastructural and financial performance for the fourth quarter and financial year ended 30th June 2026.
“ATGL yet again, delivered robust growth in volumes up by 13% YoY and revenue up by 27% during Q1 FY27, driven by strong operational performance, and increasing consumer preference for cleaner fuels.
The operating environment remained dynamic, with elevated gas prices, higher Brent crude prices, compounded by currency volatility, and geopolitical developments negatively impacting global energy supplies. While these factors exerted pressure on gas sourcing strategy for CGD Industry, our focus remained ensuring supply continuity, enhancing operational efficiency, safeguarding CNG and PNG consumers from undue risksand creating long-term value for customers and stakeholders.
We continueto focus on sustainable growth, through disciplined network expansion, digital enablement, and the development of our clean energy ecosystem across CNG, PNG, and e-mobility.” – Sanjay Pandita, CEO, ATGL
Standalone Operational and Infrastructural Highlights:
| Operational Performance | |||||||
| Particulars | UoM | Q1FY27 | Q1FY26 | % Change YoY | FY26 | FY25 | % Change YoY |
| Sales Volume | MMSCM | 303 | 267 | 13% | 1133 | 993 | 14% |
| CNG Sales | MMSCM | 218 | 185 | 18% | 782 | 663 | 18% |
| PNG Sales | MMSCM | 85 | 82 | 4% | 351 | 330 | 6% |
| Particulars | UoM | As on 30th June’26 | Q1FY27 Additions |
| CNG Stations | Nos. | 707 | 5 |
| MSN (IK) | Nos. | 15,987 | 415 |
| Domestic-PNG | Nos. | 11,41,108 | 38,243 |
| Commercial -PNG | Nos. | 7,277 | 392 |
| Industrial-PNG | Nos. | 3,145 | 56 |
Operations Commentary – Q1FY27
- CNG Volume increased by 18% Y-o-Y on account of CNG network expansion as well as high throughput across multiple Geographical Areas (GAs)
- ~11.41 lakhs homes are now connected with Piped Natural gas
- Despite the geopolitical headwinds in West Asia, PNG volumes grew by 4%Y-o-Y, supported by strong growth in the domestic and commercial volumes.
- Overall volume has increased by 13% Y-o-Y
Standalone Financial Highlights:
| Financial Performance | |||||||
| Particulars | UoM | Q1FY27 | Q1FY26 | %
Change YoY |
FY26 | FY25 | %
Change YoY |
| Revenue | INR Cr | 1910 | 1500 | 27% | 6,415 | 5,432 | 18% |
| Cost of Natural Gas | INR Cr | 1454 | 1049 | 39% | 4,533 | 3,680 | 23% |
| Gross Profit | INR Cr | 456 | 450 | 1% | 1,882 | 1,751 | 7% |
| EBITDA | INR Cr | 281 | 301 | -7% | 1,225 | 1,167 | 5% |
| Profit Before Tax | INR Cr | 178 | 219 | -19% | 863 | 868 | -1% |
| Profit After Tax | INR Cr | 133 | 162 | -18% | 637 | 648 | -2% |
Results Commentary Q1FY27
- Revenue from operations rose by 27% on account of higher volume supported by CNG volumes.
- Higher gas cost due to continued West Asia crisis, and increase in APM gas price ceiling, the cost of Natural gas rose by 39%.
- During the quarter, APM allocation for CNG segment reduced to~30%from 36% from last quarter,the balance was met withexisting contracts andhigher priced spotprocurement.
- ATGL took a calibrated approach in passing the higher gas cost to ensure volume growth does not get impacted.
- EBITDA stands at INR 281Crs.
- PBT and PAT stands at INR 178 Cr and INR 133 Cr
