energy

Adani Total Gas

ATGL · Nifty 50

702.65

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionenergy sector. Flow: outflow. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score100/100 (STRONG). 2 positive flags, 2 concerns.
Historical Context80 similar technical setups. Average outcome: -6.8% decline. 0% positive.

Fundamental

100/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

Adani Total Gas scores 100/100 on fundamentals (strong). Adani Total Gas: BROAD EXPANSION regime.

Fundamental Score: 100/100 · STRONG · 3 signals detected

DuPont Analysis

ROE 13.3% broken into three drivers. Each shows how efficiently the company generates returns.

ROE13.3%=
11.2%Net Margin
×
0.6xTurnover
×
2.0xLeverage

ROE of 13.29% is moderate margin-driven and stable. Net margin of 11.2% × asset turnover of 0.61x × leverage of 2.0x.

What This Means

Net margin of 11.2% means the company keeps ₹11.2 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.61x means the company efficiently uses its assets to generate revenue. Leverage of 2.0x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

32.0%

Operating

17.2%

Net

11.2%

stable

Gross margin 32.0% → operating margin 17.2% → net margin 11.2%. Margins are stable.

Financial Health

Earnings Quality

STRONG

Cash flow covers net income 1.8x — earnings are HIGH QUALITY. The company converts profit to cash efficiently.

Debt Sustainability

COMFORTABLE

Interest covered 7.8x — very comfortable. Debt service is not a concern. Debt/EBITDA at 2.3x is moderate.

Free Cash Flow

STRONG

FCF margin at 2.8% — barely positive. Limited cash after capex.

Peer Comparison

Adani Total Gas is compared against 10 peers in the energy sector.

Key Watchpoints

🟢

Breaks above ₹738 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹668 (-5%)

Further downside risk

🟢

Energy sector entering leadership

Sector rotation signal

Detected Patterns

✅ Cash Flow Inflection: FCF turned positive after negative periods — major transition
➡️ Leverage Slowly Rising: Debt growing faster (55.6%) than equity (15.6%)
✅ High Earnings Quality: Cash flow covers earnings 1.8x — strong cash conversion

Risk Flags

🔴 1 Critical⚠️ 1 Warning2 Positive4 total flags
🔴Cash covers only 11% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

⚠️Price/Sales: 13.5x — expensive on revenue basis
Valuation

High revenue multiple. Market pricing in significant growth or margins expansion.

Assets relatively new (15% depreciated)
Balance Sheet

Modern asset base. Lower near-term capex requirements.

High promoter holding: 80%
Governance

Strong insider alignment. Promoters have significant skin in the game.

⚠️ 1 critical + 1 warning flags. Exercise caution.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)

50 articles scanned for fundamental themes

Facts

P/E Ratio
120.4UNAVAILABLE
P/B Ratio
16.5HIGH
Market Cap
₹8012116.1L CrHIGH
From 52W High
82% of high
Sector Peers
10
Adani Total Gas Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight