Adani Total Gas Reports Robust Q4 and FY26 Results Amid Infrastructure Expansion and Double-Digit Volume Growth

Adani Total Gas Reports Robust Q4 and FY26 Results Amid Infrastructure Expansion and Double-Digit Volume Growth​

Adani Total Gas Limited (ATGL) announced strong financial and operational results for the fourth quarter (Q4) and financial year (FY26) ended March 31, 2026. Despite global energy supply chain disruptions and market volatility driven by geopolitical tensions in West Asia, the company reported robust performance, driven by consistent infrastructure build-out and sustained double-digit volume growth.

ATGL recorded an EBITDA of INR 1,225 crore for FY26, marking a 5% year-over-year (YoY) increase. The company also reported a consolidated Profit After Tax (PAT) of INR 656 crore for the full fiscal year.

Financial Performance Highlights​

The company’s standalone financial results show significant growth across key metrics.

For the full fiscal year ended March 31, 2026, ATGL reported:

• Revenue: Increased by 18% YoY, reaching INR 6,415 Cr.
• EBITDA: Rose by 5% to INR 1,225 Cr.
• PAT: Stood at INR 637 Cr (Standalone).

Consolidated PAT for the fiscal year was INR 656 Cr, representing a 9% increase.

For the quarter ended March 31, 2026 (Q4 FY26):

• Standalone Revenue: Increased 16% YoY, reaching INR 1,696 Cr.
• Standalone EBITDA: Increased by 13% YoY, totaling INR 310 Cr.
• Consolidated PAT: Increased by 9%, reaching INR 168 Cr.

The company’s standalone financial performance for Q4 FY26 saw the Profit After Tax (PAT) increase to INR 156 Cr, logging a 4% growth.

Operational and Infrastructure Milestones​

ATGL reported substantial growth in its operational footprint across multiple gas segments.

Standalone Operational Growth (Q4 FY26):

• Combined CNG and PNG volume grew by 13% YoY to 297 MMSCM.
• The number of CNG stations increased to 705, facilitated by the addition of 25 new stations.
• PNG home connections expanded to 10.99 lakh, adding 49,504 new households.
• The cumulative Steel Pipeline network reached approximately 15,572 Inch Km.

Pan India Footprint (With JV IOAGPL):

• The combined CNG and PNG volume recorded was 433 MMSCM, marking a 15% YoY increase.
• The total combined network of CNG Stations reached 1,169, with 49 new stations added.
• PNG home connections surpassed 13.1 lakh, covering over 5 million lives daily.
• The total Steel Pipeline network completion reached 28,005 Inch Km.

These volumes were sustained despite increased gas procurement costs, which rose by 18% YoY due to factors including geopolitical tensions and currency volatility. The company managed this by utilizing a calibrated approach to passing higher gas costs while ensuring continued volume growth.

Key Business Units and Sustainability​

The company also highlighted key expansions in its diversified energy verticals:

• E-Mobility: Adani TotalEnergies E-mobility Limited (ATEL) expanded its reach to 5,100 installed EV Charge Points across 26 states/UTs and 226 cities, increasing installed capacity to ~54 MW.
• Biomass: A total of 1,654 MT of Compressed Biogas (CBG) was sold in FY26, including 888 tons from the CBG DODO station. Fermented Organic Manure (FOM) sales surpassed 1,500+ Tons in FY26, with Q4 sales showing a 50% increase over the combined sale of the first three quarters.

ESG Leadership and Credit Ratings​

ATGL strengthened its ESG profile through notable accolades and rating upgrades:

• The CareEdge ESG score for ATGL stood at 83.3 out of 100, positioning it among top performers in its peer group.
• The NSE Sustainability ratings and Analytics score increased to 73 from 67.
• The company also received several accolades, including the OHSSAI India Recognition for outstanding HSE and ESG performance, and the National Process Safety Honours 2026 for Excellence in City Gas Distribution.

ATGL continues to strengthen its financial foundation, maintaining a Healthy Balance Sheet with a Net Debt to EBITDA ratio of 1.11x. The company is rated AA+ (stable) by all three major credit rating agencies: ICRA, CRISIL, and CARE.

ATGL Stock Price Movement​

Today, Adani Total Gas Limited shares edged higher, closing at ₹635.6, which signaled a strong gain of 1.46%. The stock saw substantial interest today, trading a total volume of 3.23 million shares.