Adani Total Gas stock
ATGL.NSNSEAdani Total Gas Limited, UtilitiesISIN INE399L01023
51Score 51 out of 100, Neutral
Price and trend
50 / 100
Price history
−6.4% in one yearThe chart shows daily closes over 8 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 5.3% below it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 74).
The price is 28% below its 52-week high. Largest decline in 8 years: 88% (January 2023 to March 2026).
Chart figures for advanced users
- SMA 50$6.22
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$6.54
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)74
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$4.99
- The lowest closing price of the last twelve months.
- Resistance$8.63
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Adani Total Gas Limited belongs to the Regulated Gas industry (India) and, with a market value of $6.81B, is number 14 of 27 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $629.11M (up 17.9% year on year) and earnings of $69.98M (up 0.2%).
- MEQIRI Score 51 out of 100 (Neutral): rank 132 of 201 in Utilities, median 54.
Show more
- The P/E is 99.4 (Regulated Gas median 17.5, own median of recent years 92.5).
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 28.3% a year since 2021, Regulated Gas median 9.6%.Growth 59
- Consistently profitableProfit in all 10 fiscal years from 2017 to 2026.Fundamentals 58
Weaknesses
- Margin fallingOperating margin 16.1%, average of the prior years 32.4% (to 2025).Profitability 54
- Negative free cash flowFree cash flow −$209.19K over the last 12 months.Fundamentals 58
The score is held back by valuation.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
OvervaluedClosing price of 11 Nov 2026, used by the daily score.
A fair value is not meaningful here, so the signal follows the valuation grade.
Valuation metrics
The model puts the fair value at less than a quarter of the share price. That says more about the assumptions than about the company, so a fair value is not meaningful here and the valuation relies on the P/E and the other metrics.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 23.7% on the twelve months before. Revenue has grown strongly since 2015, at around 14% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 27%, operating 16%, net 11%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 2 Feb 2027in 82 days
- Last reported
- 22 Oct 2026EPS reported $0.02 (expected $0.02)above expectations
Analyst estimates
Earnings estimates have barely changed since 27 Oct 2026.
- Earnings per share
- $0.220.0%
- Revenue
- $1.01B0.0%
- Earnings per share
- $0.300.0%
- Revenue
- $1.62B0.0%
MEQIRI has stored the estimates since 27 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Adani Total Gas
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 51
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Gas
The next larger and next smaller companies by market value
- ItalgasIG.MI $10.33B64
- ENN Natural Gas600803.SS $9.61B62
- UGIUGI $8.05B55
- ENN Energy Holdings2688.HK $7.03B59
- Southwest Gas HoldingsSWX $6.72B46
- Black HillsBKH $6.65B58
- New Jersey ResourcesNJR $5.56B56
- SpireSR $5.22B51
ETFs that hold Adani Total Gas
Held by 3 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USDIQQI | 0.04% | 0.65% | €2.34B |
| Amundi Prime All Country World UCITS ETF AccWEBN | 0.00% | 0.07% | €8.65B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = ₹93.6946)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
