Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 41,350 | 35,705 | 35,303 | 35,657 | 35,429 | 36,551 | 36,937 | 33,981 | 34,822 | 32,833 | 34,768 | 33,050 | 32,849 | 33,264 | 35,940 | 38,729 | 37,942 | 27,328 | 26,176 | 21,782 | 17,589 | 15,757 | 15,681 | 13,810 | 12,181 | 17,938 | 17,898 | 18,250 | 18,482 | 0 | 0 |
| Other income | 132 | 791 | 338 | 237 | 144 | 392 | 378 | 277 | 221 | 237 | 414 | 205 | 152 | 547 | 450 | 241 | 91.2 | 363 | 421 | 274 | 114 | 448 | 219 | 295 | 159 | 956 | 196 | 235 | 160 | 0 | 0 |
| Total expenses | 35,558 | 34,989 | 33,821 | 33,608 | 32,966 | 33,983 | 34,876 | 31,154 | 31,393 | 30,385 | 31,608 | 30,506 | 31,095 | 33,446 | 36,277 | 37,602 | 34,131 | 23,740 | 22,203 | 18,811 | 15,592 | 13,478 | 14,034 | 12,964 | 12,061 | 15,952 | 16,292 | 17,097 | 16,591 | 0 | 0 |
| EBITDA | 7,098 | 1,453 | 2,927 | 3,460 | 3,669 | 3,535 | 3,169 | 3,937 | 4,790 | 3,849 | 4,208 | 3,580 | 2,661 | 556 | 482 | 1,904 | 4,547 | 4,264 | 4,627 | 3,622 | 2,640 | 2,882 | 2,245 | 1,423 | 694 | 2,842 | 2,171 | 1,654 | 2,358 | 0 | 0 |
| EBITDA margin | 17.2% | 4.1% | 8.3% | 9.7% | 10.4% | 9.7% | 8.6% | 11.6% | 13.8% | 11.7% | 12.1% | 10.8% | 8.1% | 1.7% | 1.3% | 4.9% | 12.0% | 15.6% | 17.7% | 16.6% | 15.0% | 18.3% | 14.3% | 10.3% | 5.7% | 15.8% | 12.1% | 9.1% | 12.8% | – | – |
| Finance costs | 319 | 263 | 254 | 234 | 213 | 182 | 169 | 188 | 209 | 159 | 176 | 200 | 185 | 107 | 120 | 81.8 | 57.9 | 57 | 46.6 | 46.5 | 52.4 | 57.7 | 37.4 | 31.7 | 52.6 | 216 | 30.6 | 32.8 | 30 | 0 | 0 |
| Depreciation | 987 | 474 | 1,192 | 1,177 | 993 | 786 | 939 | 922 | 1,152 | 1,241 | 872 | 837 | 722 | 631 | 699 | 695 | 677 | 619 | 608 | 604 | 590 | 546 | 561 | 546 | 521 | 640 | 535 | 469 | 437 | 0 | 0 |
| Profit before tax | 5,925 | 1,508 | 1,819 | 2,286 | 2,607 | 2,960 | 4,879 | 3,104 | 3,650 | 2,685 | 3,574 | 2,749 | 2,283 | 365 | 113 | 1,368 | 3,903 | 4,375 | 4,394 | 3,246 | 2,540 | 2,726 | 2,346 | 1,432 | 729 | 2,942 | 2,816 | 1,706 | 2,307 | 0 | 0 |
| Tax | 1,597 | 485 | 436 | 577 | 647 | 734 | 1,188 | 780 | 930 | 625 | 881 | 696 | 490 | 46.2 | 264 | 371 | 979 | 902 | 1,020 | 855 | 383 | 684 | 449 | 364 | 85.8 | −1,215 | 787 | 539 | 804 | 0 | 0 |
| Net profit | 4,671 | 1,481 | 1,729 | 1,989 | 2,382 | 2,506 | 4,084 | 2,690 | 3,183 | 2,474 | 3,193 | 2,442 | 1,793 | 643 | 398 | 1,305 | 3,251 | 3,474 | 3,800 | 2,873 | 2,157 | 2,535 | 1,897 | 1,068 | 643 | 4,814 | 2,030 | 1,168 | 1,504 | 0 | 0 |
| Net margin | 11.3% | 4.1% | 4.9% | 5.6% | 6.7% | 6.9% | 11.1% | 7.9% | 9.1% | 7.5% | 9.2% | 7.4% | 5.5% | 1.9% | 1.1% | 3.4% | 8.6% | 12.7% | 14.5% | 13.2% | 12.3% | 16.1% | 12.1% | 7.7% | 5.3% | 26.8% | 11.3% | 6.4% | 8.1% | – | – |
| EPS (₹) | 7.10 | 2.26 | 2.67 | 3.00 | 3.60 | 3.79 | 6.21 | 4.10 | 4.84 | 3.75 | 4.86 | 3.72 | 2.73 | 0.96 | 0.63 | 2.00 | 7.34 | 7.78 | 8.51 | 6.49 | 4.81 | 5.52 | 4.18 | 2.47 | 1.45 | 10.48 | 4.49 | 2.59 | 6.66 | 0.00 | 0.00 |
| Net profit YoY | +96.1% | −40.9% | −57.7% | −26.1% | −25.2% | +1.3% | +27.9% | +10.1% | +77.5% | +285.0% | +703.2% | +87.2% | −44.8% | −81.5% | −89.5% | −54.6% | +50.7% | +37.1% | +100.3% | +168.9% | +235.5% | −47.3% | −6.5% | −8.5% | −57.2% | – | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,42,094 | 1,42,291 | 1,33,500 | 1,45,875 | 92,874 | 57,428 | 72,568 | 76,234 | 54,694 |
| Other income | 1,510 | 1,268 | 1,008 | 1,328 | 1,172 | 1,120 | 1,546 | 1,214 | 813 |
| Total expenses | 1,35,383 | 1,31,407 | 1,23,594 | 1,41,455 | 80,345 | 52,538 | 65,932 | 68,392 | 48,737 |
| EBITDA | 11,510 | 15,432 | 14,296 | 7,488 | 15,152 | 7,244 | 9,025 | 9,668 | 7,779 |
| EBITDA margin | 8.1% | 10.8% | 10.7% | 5.1% | 16.3% | 12.6% | 12.4% | 12.7% | 14.2% |
| Finance costs | 964 | 748 | 719 | 367 | 202 | 179 | 309 | 159 | 295 |
| Depreciation | 3,835 | 3,799 | 3,672 | 2,702 | 2,420 | 2,174 | 2,080 | 1,667 | 1,527 |
| Profit before tax | 8,221 | 14,592 | 10,913 | 5,748 | 15,464 | 6,011 | 8,182 | 9,831 | 6,770 |
| Tax | 2,144 | 3,633 | 2,692 | 1,660 | 3,160 | 1,583 | 914 | 3,278 | 2,143 |
| Net profit | 7,582 | 12,463 | 9,903 | 5,596 | 12,304 | 6,143 | 9,515 | 6,553 | 4,805 |
| Net margin | 5.3% | 8.8% | 7.4% | 3.8% | 13.2% | 10.7% | 13.1% | 8.6% | 8.8% |
| EPS (₹) | 11.53 | 18.93 | 15.06 | 8.52 | 27.60 | 13.61 | 20.89 | 29.03 | 21.26 |
| Net profit YoY | −39.2% | +25.9% | +77.0% | −54.5% | +100.3% | −35.4% | +45.2% | +36.4% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 11,249 | 15,735 | 12,586 | 3,205 | 9,629 |
| Investing cash flow | −9,154 | −6,738 | −8,273 | −7,640 | −5,646 |
| Financing cash flow | −2,750 | −8,941 | −3,457 | 2,972 | −3,916 |
| Capital expenditure | 8,806 | 7,930 | 12,501 | 8,831 | 6,971 |
| Free cash flow (CFO − capex) | 2,442 | 7,805 | 84.6 | −5,626 | 2,657 |
Net profit trend
annual, ₹ croreFY21
₹6,143
FY22
₹12,304+100%
FY23
₹5,596−55%
FY24
₹9,903+77%
FY25
₹12,463+26%
FY26
₹7,582−39%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | – | PDF XBRL |
| Q1 FY27 | Consolidated | 31 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Consolidated | – | PDF XBRL |
| Q1 FY27 | Standalone | 31 Jul 2026 | PDF XBRL |
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 21 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 21 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 31 Jan 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 31 Jan 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 31 Oct 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)11.5×
P/B1.28×
ROEFY26, on average equity8.7%
Net margin5.3%
Debt / equity0.22×
Revenue CAGR (3Y)-0.9%
Profit CAGR (3Y)10.7%
EPS (TTM)₹15.01
Market cap₹1.14L Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹1.41L Cr+6%
Net worth₹89,050 Cr+5%
Total borrowings₹19,964 Cr+22%
Cash & bank balances₹959 Cr−27%
Investments₹16,873 Cr+15%
Inventories₹5,155 Cr−18%
Trade receivables₹8,605 Cr−9%
Trade payables₹6,104 Cr−21%
Change vs the same date a year earlier.
Revenue mix FY26
Natural Gas Transmission/Marketing87.9%result ₹9,404 Cr
Petrochemicals4.3%result ₹−1,410 Cr
City Gas4.2%result ₹699 Cr
LPG and Liquid Hydrocarbons2.4%result ₹489 Cr
Other Segment0.7%result ₹453 Cr
LPG Transmission0.5%result ₹456 Cr
Segment revenue as reported, before inter-segment eliminations.