Share of Adani Total Gas Ltd is currently trading at around Rs.622/-Existing as well as Prospective Investors are asking for Adani Gas Share Price Targets for 2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you about the Adani Gas Share Price Targets for 2025,2030,2035 and 2040
Discussion & Analysis of Business & Financial performance with future business prospects Adani Total Gas Ltd:
Adani Total Gas Ltd (ATGL), a joint venture between the Adani Group and TotalEnergies, has demonstrated notable growth and resilience in its business operations over the past year. The company’s strategic initiatives and expansion efforts have contributed to its current performance and future prospects.
Current Business Performance:
In the fiscal year 2024 (FY24), ATGL reported robust financial results:
- Revenue and Profitability: The company’s revenue from operations reached INR 4,813 crore, with an EBITDA of INR 1,150 crore, reflecting a 27% year-on-year increase. The Profit After Tax (PAT) stood at INR 653 crore, marking a 23% growth compared to the previous fiscal year.
- Operational Expansion: ATGL expanded its network by adding 91 new Compressed Natural Gas (CNG) stations, bringing the total to 547. The company also increased its Piped Natural Gas (PNG) connections to households to 820,000, adding 116,000 new connections. Industrial and commercial connections rose to 8,331, with 896 new consumers added. The total volume of CNG and PNG combined reached 865 million metric standard cubic meters (MMSCM), a 15% year-on-year increase. In the first quarter of FY25, ATGL continued its growth trajectoryFinancial Performance: The company reported a net profit of INR 172 crore, a 14% increase compared to the same period in the previous year. Revenue from operations rose by 9% to INR 1,239 crore.
- Volume Growth: There was a 17% volume growth, driven by a 20% increase in CNG sales, attributed to network expansion across multiple geographical areas. Future Business Prospects:
ATGL’s strategic initiatives position the company for sustained growth:
- Infrastructure Development: The company secured $375 million in financing to expand its city gas distribution network across 13 states in India. This investment aligns with India’s goal of making cleaner energy more accessible and is expected to enhance ATGL’s market presence.
- Diversification into Sustainable Energy: ATGL is investing in new business opportunities, including Compressed Biogas, Electric Vehicle (EV) charging infrastructure, and Liquefied Natural Gas (LNG) for trucking and mining. The company commissioned the first phase of one of India’s largest diversified feedstock-to-Compressed Biogas (CBG) plants in Barsana, Mathura, and expanded its e-mobility footprint to 23 states. These initiatives are anticipated to drive future growth and align with global sustainability trends.
- Challenges and Considerations:
Despite its positive performance, ATGL faces certain challenges:
- Gas Procurement Costs: In the third quarter ending December 31, 2024, ATGL reported a 20% drop in profit due to higher gas procurement costs, resulting from reduced government supply of cheaper gas. Although supplies were restored in January, the incident highlights the company’s vulnerability to fluctuations in gas supply and pricing.
- Reputational Risks: The Adani Group has faced allegations of bribery and fraud, leading to significant market value loss and scrutiny from international partners. While ATGL has not been directly implicated, these developments could impact investor confidence and future business collaborations. In conclusion, Adani Total Gas Ltd has exhibited strong operational and financial performance, underpinned by strategic expansion and diversification efforts. While challenges exist, the company’s proactive approach to infrastructure development and sustainable energy initiatives positions it well for future growth in India’s evolving energy landscape.
Share Price Targets:
Adani Gas Share Price Target 2025
Based on the above discussion and analysis, the share price of Adani Total Gas Ltd is likely to touch the level of around Rs.700-750 in 2025
Adani Gas Share Price Target 2030
Based on the above discussion and analysis, the share price of Adani Total Gas Ltd is likely to touch the level of around Rs.1200-1500 in 2030
Adani Gas Share Price Target 2035
Based on the above discussion and analysis, the share price of Adani Total Gas Ltd is likely to touch the level of around Rs.2400-2750 in 2035
Adani Gas Share Price Target 2040
Based on the above discussion and analysis, the share price of Adani Total Gas Ltd is likely to touch the level of around Rs.4500-5000 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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