HomeEnglishBusinessAdani Total Gas Q4 & FY26 Results

Adani Total Gas Q4 & FY26 Results

Ahmedabad, 27 April 2026: Adani Total Gas (ATGL), India’s leading energy transition company, continues its mission of transforming India’s energy landscape through extensive infrastructure development. Today, ATGL announced its operational, infrastructural and financial performance for the fourth quarter and financial year ended 31st March 2026.

“With resilient execution, underpinned by operational excellence and digital enablement, ATGL delivered strong double‑digit growth in volumes and revenues, supported by steady EBITDA expansion. Despite

geopolitical disruptions from West Asia, elevated LNG prices, and currency volatility, our nimble and diversified sourcing strategy ensured uninterrupted gas supply. ATGL’s focus remained on system stability, calibrated expansion with financial prudence, and long‑term sustainability, strengthening consumer confidence and ensuring operational excellence. We continued to scale our clean energy infrastructure across CNG, PNG, and e‑mobility, with EV charge points crossed the 5,100 mark. During the period, we strengthened our ESG performance through improved sustainability ratings, reinforcing ATGL’s position among leading ESG performers in its peer group.

“Aligned with India’s vision to raise natural gas to 15% of the energy mix by 2030, ATGL is well positioned to support the country’s transition to a gas‑based and cleaner energy economy” – Suresh P. Manglani, CEO & ED, ATGL

 Standalone Operational and Infrastructural Highlights: 

Operational Performance
ParticularsUoMFY26FY25% Change YoYQ4

FY26

Q4

FY25

% Change YoY
Sales VolumeMMSCM113399314%29726313%
CNG SalesMMSCM78266318%20717717%
PNG SalesMMSCM3513306%91875%

Infrastructure Performance
ParticularsUoMAs on 31 Mar’ 26FY26 AdditionsQ4 Additions
CNG StationsNos.7055825
MSN (IK)Nos.15,5721,800710
Domestic-PNGNos.10,99,6691,37,00149,504
Commercial -PNGNos.6,884 543 170
Industrial-PNGNos.3,081 123 44

 

Operations Commentary – Q4FY26

  • CNG Volume increased by 17% Y-o-Y on account of CNG network expansion across multiple Geographical Areas (GAs)
  • ~11 lakhs homes are now connected with Piped Natural gas
  • With addition of new PNG connections, PNG Volume has increased by 5% Y-o-Y
  • Overall volume has increased by 13% Y-o-Y

Standalone Financial Highlights: 

Financial Performance
ParticularsUoMFY26FY25%

Change

YoY

Q4

FY26

Q4

FY25

% Change YoY
Revenue INR Cr6,4155,43218%1,6961,45716%
Cost of Natural GasINR Cr4,5333,68023%1,1991,01518%
Gross ProfitINR Cr1,8821,7517%49744212%
EBITDAINR Cr1,2251,1675%31027413%
Profit Before Tax INR Cr863868-1%2141988%
Profit After TaxINR Cr637648-2%1561494%

 Results Commentary Q4 FY26 

  • Revenue from operations rose by 16% on account of higher volume
  • With lower allocation of APM gas to CNG segment, higher HH prices, higher spot prices due to geopolitical tension, the cost of Natural gas rose by 18%.
  • During the quarter, APM allocation for CNG segment reduced to ~36% from 41% from last quarter, the balance was met with existing contracts and Spot procurement.
  • ATGL took a calibrated approach in passing the higher gas cost to ensure volume growth does not get impacted.
  • EBITDA increased by 13% Y-o-Y to INR 310 Crs.
  • PBT and PAT increased by 8% and 4% to INR 214 Crs and INR 156 Crs respectively.

 Key ESG Highlights

  • CareEdge ESG scored ATGL at 3 out of 100; Score places ATGL among the best performing companies within its peer group
  • NSE Sustainability ratings and Analytics scored ATGL at 73 increased from 67 earlier.

 Awards and Accolades

  • OHSSAI India Recognition: ATGL’s HSE team was felicited by OHSSAI India for outstanding excellence in Health, Safety, Environment (HSE) and ESG performance.
  • Innovation in EHS & Fire Security by IBC: ATGL was conferred the Agni Suraksha Puraskar by the International Business Conference in recognition of its innovative EHS practices and successful implementation of high‑impact fire and safety initiatives.
  • National Process Safety Honours 2026: ATGL was awarded ‘Excellence in City Gas Distribution’ for consistently demonstrating leadership in process safety, industrial integrity, and safety performance within the private sector.
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