Delhi Transport Corporation (DTC) signed 10 year CNG supply pact with Indraprastha Gas Ltd till 2030

 

Update on Indraprastha Gas Ltd 

 Delhi Transport Corporation (DTC) signed 10 year supply pact with Indraprastha Gas Ltd  to supply CNG(compressed natural gas) to public transport system till December 2030

Profile over view

• ü  Quote at market closing
• ü  Balance sheet as on Mar 2020
• ü  Revenue for the Qtr Ending Dec 2020
• ü  Net Profit for the Qtr Ending Dec 2020  
• ü  Shareholding Pattern for the Qtr Ending Dec 2020
• ü  Returns over 10 year period
• ü  Conclusion

Indraprastha Gas Ltd  is a Large Cap company (having a market cap of Rs 36,851.54 Crore) operating as supplier of LPG/CNG/PNG/LNG.

Date of Listing (NSE) : 26-Dec-2003

Face Value : 2.00

As on date April 01, 2021 , at market closing the stock trading at  526.00  with 1 day return of 2.66%. % of Deliverable quantity to Traded Quantity 40.46 %

52 week high 594.85

(18-FEB-21)

52 week low 358.30

(31-MAR-20)

Balance sheet (in Rs. Cr.) As on March 2020

Total Reserves and Surplus 4,922.36  Cr.

Long term Borrowings 0.00 Cr

Short term Borrowings 0.00 Cr

Cash and Cash Equivalents 2,179.94 Cr

 

Revenue for the Qtr Ending Dec 2020

 1,446 Cr  ( increase in Q-o-Q& decrease Y-o-Y)

Net Profit for the Qtr Ending Dec 2020.

 334 Cr( decrease in Q-o-Q & increase on Y-o-Y)

 Shareholding Pattern for the Qtr Ending Dec 2020

 Promoter-45 %, 

FII-23.22%, 

DII-21.07%,

Public-10.71, 

and others 0.00%

 

Returns over 10 year period

Over 1 Week(4.78%), 

over 1 month(6.53%),

over 3 months(3.81%) 

over 6 months(31.25%),

over 1 year (34.80%),

over 3 years(88.4%),

 over 5 years (366.2%) 

and over 10 years (770.3%)

Conclusion😃

The company is one of the leading City Gas  Distribution (CGD) companies of the  country catering to more than 1.1 million  CNG vehicles, 1.4 million domestic PNG  customers and over 5,500 commercial & industrial customers.

The company has consistent growth and zero debt and zero pledge shares of the promoter. FII with 23.22% shareholding. overall it is good stock for the Long term investment. Investors can analyze and consult your financial advisor before investing. Never invest in market by taking loan, as it can ruin your financial discipline.