IRM Energy Limited – Investor Presentation Summary

Key Operational Highlights

  • Total volume grew by 8% YoY in Q1FY27
  • PNG Domestic Customers increased by 13% YoY to 86,590
  • PNG Commercial Customers increased by 36% YoY to 589
  • PNG Industrial Customers increased by 5% YoY to 228
  • CNG Stations increased by 37% YoY to 153
  • CNG Dispensing Points increased by 37% YoY to 564
  • Started CNG sale to TNSTC buses in Trichy with 50+ buses operational
  • Completed full conversion of commercial customer base in Diu to PNG
  • Strengthened gas sourcing infrastructure through hook-up agreements with IOCL in NT GA and GTL in DGS GA

Key drivers of operational performance: Network expansion, geographic diversification, and strategic partnerships for gas sourcing.

Financial Highlights

Revenue: Rs. 325.85 crore

EBITDA: Rs. 61.77 crore (excluding other income)

PAT: Rs. 34.32 crore

EPS: Not specified

Margins: EBITDA Margin of 18.96%, PAT Margin of 10.53%

YoY/QoQ comparison: Revenue up 24.13% YoY, EBITDA up 139.40% YoY, PAT up 140.40% YoY

Drivers of financial performance: Higher volume growth, operating leverage benefits, and margin expansion

Comparison to market estimates: Not specified

Key Risks: Not explicitly disclosed in presentation

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Not specified

Regional Breakdown: Geographical area-wise volume share for Q1FY27 shown but specific values not provided

Balance Sheet Snapshot

Net Debt/Equity: Net-debt-free position

Reserves: Other equity of Rs. 947 crore as of FY26

Current Assets/Liabilities: Current Assets Rs. 342 crore, Current Liabilities Rs. 187 crore as of FY26

Working Capital/Leverage Metrics: Total Debt (including long term lease) of Rs. 72.15 crore against cash and investments of Rs. 276.49 crore as of FY26

Financial Health Insights: Strong cash generation, net-debt-free balance sheet

Capex & Cash Flow Health

Capital Expenditure: Rs. 67 crore undertaken in Q1FY27, total capex till date Rs. 1,090 crore

Free Cash Flow: Not specified

Operating Cash Flow: Net cash from operating activities of Rs. 1,427 crore in FY26

Net Debt Movement: Net-debt-free position maintained

Investment Rationale: Funding development of CGD network in Namakkal and Tiruchirappalli GAs

Strategic & R&D Initiatives

Investments in Innovation: CNG station expansion, pipeline infrastructure development

Expected impact on growth: Multi-year growth opportunities across CNG, PNG, and Industrial Gas segments

Strategic Rationale: Expanding network penetration, driving clean energy adoption in licensed areas

Industry Trends & Business Environment

Macro/Industry Trends: Natural gas as India's clean energy transition fuel

Impact on Company: Driving multi-year PNG and CNG volume growth, supported by policy-led fuel substitution

Management Commentary & Growth Outlook

Strategic Outlook: Focus on accelerating CNG network expansion and driving PNG customer growth across licensed areas

FY Guidance: Not explicitly provided

Market Share Targets: Not specified

Risks and Opportunities: Not explicitly highlighted

IPO Fund Utilization as on June 30, 2026: Rs. 337.0 crore utilized (67.99% of total), with Rs. 158.7 crore pending for CGD network development in Namakkal and Tiruchirappalli