Operational Highlights - Q1FY27 (Standalone)

  • Combined CNG and PNG volume reached 303 MMSCM, representing a 13% year-on-year increase
  • CNG network expanded to 707 stations with addition of 5 new stations during the quarter
  • PNG home connections reached approximately 11.41 lakh households, adding 38,243 new connections
  • Industrial & Commercial connections increased to 10,422 with 448 new customers added
  • Cumulative steel pipeline network completed approximately 15,987 Inch Km

Pan India Footprint (Including JV - IOAGPL)

  • Combined CNG and PNG volume of 496 MMSCM, 13% increase year-on-year
  • Combined network of 1,167 CNG stations with 6 new stations added
  • PNG home connections crossed 13.75 lakh, serving over 6 million lives daily
  • Industrial & Commercial connections grew to 12,326 by adding 788 new consumers
  • Cumulative 28,675 Inch Km of steel pipeline network completed

Business Environment Context

Q1 FY27 witnessed impact from West Asia crisis with elevated crude prices driving higher Brent-linked gas costs across New Well Gas, RLNG, and spot LNG. The increase in APM gas price ceiling coupled with currency depreciation resulted in 39% year-on-year increase in gas procurement cost. Government of India facilitated continuous gas supply and waiver of imbalance and system disciplinary charges as regulatory relief measures.

Subsidiary Performance

Adani TotalEnergies E-mobility Limited (ATEL)

  • Expanded footprint to 5,306 installed EV Charge Points across 26 states/UTs and 226 cities
  • Installed capacity increased to approximately 58 MW

Adani TotalEnergies Biomass Limited (ATBL)

  • Sold 323 MT of CBG in Q1FY27 through dedicated CBG stations and to third parties
  • FOM recorded sales of 5,533 tons in Q1FY27, with 760 tonnes sold through brand Harit Amrit showing 8x growth YoY
  • Launched organic fertilizer for Nursery Segment with 1 KG and 5 KG packages

Financial Performance - Standalone Q1FY27 (YoY)

  • Revenue increased by 27% to ₹1,910 crore from ₹1,500 crore
  • Cost of Natural Gas increased by 39% to ₹1,454 crore from ₹1,049 crore
  • Gross Profit increased by 1% to ₹456 crore from ₹450 crore
  • EBITDA decreased by 7% to ₹281 crore from ₹301 crore
  • Profit Before Tax decreased by 19% to ₹178 crore from ₹219 crore
  • Profit After Tax decreased by 18% to ₹133 crore from ₹162 crore

Financial Performance - Consolidated Q1FY27

  • Consolidated EBITDA stands at ₹283 crore
  • Consolidated PAT stands at ₹142 crore

Operational Performance Analysis

  • CNG Volume increased by 18% year-on-year due to network expansion and high throughput across multiple Geographical Areas
  • PNG volumes grew by 4% year-on-year despite geopolitical headwinds in West Asia
  • APM allocation for CNG segment reduced to approximately 30% from 36% last quarter

ESG Highlights

  • CareEdge ESG score increased to 84 from 83
  • CRISIL ESG score increased to 66 from 61
  • Company placed among best performing companies within its peer group for ESG performance

Credit Rating

ATGL is rated AA+ (stable) outlook from ICRA, CRISIL and CARE Ratings

Geographical Presence

ATGL is authorized in 34 Geographical Areas while Indian Oil-Adani Gas Private Limited (50:50 JV) operates 19 Geographical Areas, totaling 53 GAs across India covering 125 districts and approximately 14% of India's population

Additional Business Verticals

ATGL has formed two wholly owned subsidiaries: Adani TotalEnergies E-Mobility Ltd (ATEL) for E-Mobility business and Adani TotalEnergies Biomass Ltd (ATBL) for Biomass business. Also formed 50:50 joint venture Smart Meter Technologies Private Limited for gas meter manufacturing business.