Adani Total Gas

Adani Total Gas Q1FY27 Results

ATGL Concludes Q1FY27 with Strong Volume and Revenue Growth

Ahmedabad

21 July 2026

Sustained double‑digit Revenue growth in Q1FY27, up 27% YoY to 1,910 Crore and Volume Growth of 13% increase YoY to 303 MMSCM.

CNG network expanded to 707 stations

PNG home connections reached ~11.41 lakhs households

EV charge points scaled up to 5,306

ESG commitment gains momentum with upgraded CareEdge and CRISIL ratings

Operational Highlights – Q1FY27 (Standalone):

  • Combined CNG and PNG volume of 303 MMSCM, 13% increase Y-o-Y
  • Increased CNG stations to 707 by adding 5 new stations
  • Expanded PNG home connections to 11.41 lakh, by adding 38,243 newhouseholds
  • Increased Industrial & Commercial connections to 10,422 with 448 new customers added
  • Completed cumulative ~ 15,987 Inch Kmof Steel Pipeline network

Pan India Footprint – Q1FY27 (With JV namely IOAGPL):

  • Combined CNG and PNG volume of 496 MMSCM, 13% increase Y-o-Y
  • Combined network of 1,167 CNG Stations, with 6 new stations added
  • PNG home connections crossed 13.75 lakh, touching over 6 million lives daily.
  • Grew Industrial & Commercial connections to 12,326 byadding 788 new consumers
  • Completed cumulative 28,675 Inch Kmof Steel Pipeline network

Key Business updates

  • Q1 FY27 witnessed the impact of the West Asia crisis, with elevated crude prices driving higher Brent-linked gas costs across New Well Gas, RLNG (Regasified Liquefied Natural Gas), and spot LNG.
  • The increase in the APM gas price ceiling, compounded with currency depreciation, further elevated gas purchase cost during the quarter, resulting in a 39% year-on-year increase in gas purchase cost
  • Despite these macro headwinds, ATGL adopted a highly calibrated approach to navigate the volatility, ensuring uninterrupted supply to priority segment, through maintaining operational excellence.
  • Timely interventions from the Government of India by facilitating continuous gas supply and waiver of imbalance and system disciplinary chargers (regulatory relief measures), with supportive role from the state governments with faster turnaround of statutory permissions.

Adani TotalEnergies E-mobility Limited (ATEL)

  • ATEL has now expanded its footprint to 5,306 installed EV Charge Points across 26 states/UTs and 226 cities
  • Installed capacity increases to ~58 MW

Adani TotalEnergies Biomass Limited (ATBL)

  • A total of 323 MT of CBG was sold in Q1FY27, through our dedicated CBG stations and to third party.
  • FOM recorded sales of 5533 tons in Q1FY27 out of which, 760 tonnes sold through brand Harit Amrit registered 8x growth YoY.
  • Harit Amrit launched organic fertilizer for the Nursery Segment with 1 KG and 5 KG packages.

Financial Highlights Q1FY27 (ATGL Standalone) Y-o-Y:

  • Revenue increased by 27%, reaching INR 1,910 Cr
  • EBITDA and PAT stands at INR 281 Cr and INR 133 Cr respectively

Consolidated Q1FY27 PAT

  • Consolidated EBITDA and PAT stands at INR 293 Cr and INR 142 Cr

Adani Total Gas Limited (ATGL), one of India’s largest city gas distribution (CGD) companies, continues its mission of transforming India's energy landscape through extensive infrastructure development in Existing and new geographical areas (GAs), volume growth and new age energy business. Today, ATGL announced its operational, infrastructural and financial performance for the first quarter ended 30th June 2026.

“ATGL yet again, delivered robust growth in volumes up by 13% YoY and revenue up by 27% during Q1 FY27, driven by strong operational performance, and increasing consumer preference for cleaner fuels.

The operating environment remained dynamic, with elevated gas prices, higher Brent crude prices, compounded by currency volatility, and geopolitical developments negatively impacting global energy supplies. While these factors exerted pressure on gas sourcing strategy for CGD Industry, our focus remained ensuring supply continuity, enhancing operational efficiency, safeguarding CNG and PNG consumers from undue risks and creating long-term value for customers and stakeholders.

We continue to focus on sustainable growth, through disciplined network expansion, digital enablement, and the development of our clean energy ecosystem across CNG, PNG, and e-mobility." – Sanjay Pandita, CEO, ATGL

Standalone Operational and Infrastructural Highlights:
Particulars UoM Q1 FY27 Q1 FY26 % Change YoY FY26 FY25 % Change YoY
Operational Performance
Sales Volume MMSCM 303 267 13% 1133 993 14%
CNG Sales MMSCM 218 185 18% 782 663 18%
PNG Sales MMSCM 85 82 4% 351 330 4%
Infrastructure Performance
Particulars UoM As on 30 Jun’ 26 Q1FY27 Additions
CNG Stations Nos. 707 5
MSN (IK) Nos. 15,987 415
Domestic-PNG Nos. 11,41,108 38,243
Commercial-PNG Nos. 7,277 392
Industrial-PNG Nos. 3,145 56

Operations Commentary – Q1FY27

  • CNG Volume increased by 18% Y-o-Y on account of CNG network expansion as well as high throughput across multiple Geographical Areas (GAs)
  • ~11.41 lakhs homes are now connected with Piped Natural gas
  • Despite the geopolitical headwinds in West Asia, PNG volumes grew by 4% Y-o-Y, supported by strong growth in the domestic and commercial volumes.
  • Overall volume has increased by 13% Y-o-Y
Standalone Financial Highlights:
Particulars UoM Q1 FY27 Q1 FY26 % Change YoY FY26 FY25 % Change YoY
Revenue INR Cr 1,910 1,500 27% 6,415 5,432 18%
Cost of Natural Gas INR Cr 1,454 1,049 39% 4,533 3,680 23%
Gross Profit INR Cr 456 450 1% 1,882 1,751 7%
EBITDA INR Cr 281 301 -7% 1,225 1,167 5%
Profit Before Tax INR Cr 178 219 -19% 863 868 -1%
Profit After Tax INR Cr 133 162 -18% 637 648 -2%

About Adani Total Gas

Given its gas distribution, ATGL is authorised in 34 Geographical Areas and plays a significant role in the nation’s efforts to enhance the share of natural gas in its energy mix. Of the 53 GAs, 34 are owned by ATGL and the balance 19 GAs are owned by Indian Oil-Adani Gas Private Limited (IOAGPL) – a 50:50 joint venture between Adani Total Gas Limited and Indian Oil Corporation Limited. Further, ATGL has formed 2 wholly owned subsidiaries namely Adani TotalEnergies E-Mobility Ltd (ATEL) and Adani TotalEnergies Biomass Ltd (ATBL) for its E-Mobility and Biomass Business respectively. ATGL has also formed a 50:50 joint venture, namely Smart Meter Technologies Private Limited for its gas meter manufacturing business.

For more information, please visit https://www.adanigas.com/