Ahmedabad : Adani Total Gas Limited (ATGL), one of India’s leading city gas distribution companies, has announced its audited consolidated financial results for the quarter and full year ended March 31, 2026, reporting steady growth in profitability and strong revenue expansion.
The company posted a 9% year-over-year (YoY) increase in net profit to ₹168 crore for Q4 FY26, compared to ₹155 crore in the corresponding quarter last year. The Board of Directors approved the results during a meeting held from 3:30 PM to 6:15 PM on April 27.
Q4 FY26 Financial Highlights
ATGL’s revenue from operations grew 17% YoY to ₹1,695 crore, up from ₹1,453 crore in Q4 FY25, driven by increased gas volumes and expansion in distribution networks.
- Net Profit: ₹168 crore (↑ 9%)
- Profit Before Tax (PBT): ₹227 crore (↑ 11%)
- Earnings Per Share (EPS): ₹1.53 (vs ₹1.41 last year)
Full-Year FY26 Performance
For the full financial year, the company reported net profit of ₹656 crore, showing marginal growth of 0.2% over ₹654 crore in FY25. However, revenue saw strong momentum, rising 18% to ₹6,409 crore from ₹5,412 crore.
- EPS (FY26): ₹5.96 (vs ₹5.95 in FY25)
Dividend Announcement
The Board has recommended a final dividend of ₹0.25 per equity share (25% on face value of Re 1 each) for FY26.
- Record Date: June 12, 2026
- AGM Date: June 25, 2026
- Payment Date: On or after June 26, 2026 (subject to shareholder approval)
Balance Sheet Strength
The company’s financial position improved significantly during the year:
- Total Assets: ₹9,549 crore (up from ₹7,665 crore)
- Total Equity: ₹4,865 crore (up from ₹4,207 crore)
Subsidiaries and Strategic Ventures
ATGL continues to expand its footprint through subsidiaries and joint ventures, including:
- Adani TotalEnergies Biomass Limited
- Adani TotalEnergies E-Mobility Limited
- Indian Oil – Adani Gas Private Limited (JV)
- SmartMeters Technologies Private Limited (JV)
These ventures support diversification into clean energy, mobility solutions, and smart infrastructure.
Regulatory and Cost Impact
The implementation of new labor regulations by the Government of India led to an additional liability of ₹7.42 crore, which has been accounted for in FY26 under employee-related costs.
Business Model and Audit
The company operates under a single business segment—natural gas distribution and sales, focusing on city gas infrastructure.
The statutory auditor, Walker Chandiok & Co LLP, has issued an unmodified (clean) audit opinion on both standalone and consolidated financial results for FY26, confirming compliance and accuracy.
Overall, Adani Total Gas Limited delivered consistent quarterly growth supported by strong revenue expansion, while maintaining stable annual profitability. The company’s continued investments in clean energy and infrastructure position it well for long-term growth in India’s evolving energy landscape.
