Indraprastha Gas Ltd.

Financial

	Indraprastha Gas	Gujarat Gas	Mahanagar Gas
Operational Metrics
City Gas
Daily Sales Volume - PNG	2.37 mmscmd	5.54 mmscmd	1.26 mmscmd
Volume Growth - PNG	7.0 %	n/a	n/a
Realization / SCM - PNG	47.26 Rs/SCM	n/a	47.62 Rs/SCM
Infrastructure
Realization / SCM - CNG	46.9 Rs/SCM	n/a	52.44 Rs/SCM
Daily Sales Volume - CNG	6.86 mmscmd	3.33 mmscmd	3.01 mmscmd
Volume Growth - CNG	5.0 %	n/a	n/a
Oil Refining Sector
Realization / SCM - Natural Gas	46.99 Rs/SCM	50.86 Rs/SCM	51.2 Rs/SCM
Volume Growth - Natural Gas	6.0 %	n/a	n/a
Daily Sales Volume - Natural Gas	9.13 mmscmd	8.88 mmscmd	4.28 mmscmd
Financials
5 yr Average ROE	20.58 %	24.79 %	20.6 %
5yr average Equity Multiplier	1.47	1.81	1.43
5yr Average Asset Turnover Ratio	0.84	1.41	0.93
5yr Avg Net Profit Margin	17.65 %	9.75 %	15.76 %
Price to Book	2.73	3.5	2.23
P/E	17.41	25.97	12.25
5yr Avg Cash Conversion Cycle	-11.24 Days	2.64 Days	-13.12 Days
Inventory Days	2.02 Days	1.5 Days	1.98 Days
Days Receivable	22.69 Days	22.97 Days	15.11 Days
Days Payable	38.96 Days	18.12 Days	30.15 Days
5yr Average Interest Coverage Ratio	79.29	20.72	114.25
5yr Avg ROCE	22.18 %	24.21 %	25.61 %
5yr Avg Operating Profit Margin	21.97 %	15.32 %	23.23 %
5 yr average Debt to Equity	0.0	0.18	0.0
5yr CAGR Net Profit	9.71 %	-0.94 %	5.66 %
5yr Average Return on Assets	14.0 %	13.44 %	14.46 %
Shareholdings
Promoter Holding	45.0 %	60.89 %	32.5 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	2.67 %	-2.26 %	8.1 %

Business

	Indraprastha Gas	Gujarat Gas	Mahanagar Gas
Product Wise Break-Up	Product Wise Break-Up Compressed Natural Gas (CNG) 75.75 Piped Natural Gas (PNG) 24.21 Commercial PNG 0 Domestic PNG 0 CNG 0 Industrial PNG 0 City Gas 0 PNG 0 Others 0.04	Product Wise Break-Up City Gas 0 Industrial PNG 68.4 Commercial PNG 1.7 Piped Natural Gas (PNG) 0 Domestic PNG 8.1 CNG 21.8 Compressed Natural Gas (CNG) 0 PNG 0	Product Wise Break-Up City Gas 0 Industrial PNG 0 Commercial PNG 0 Piped Natural Gas (PNG) 0 Domestic PNG 0 CNG 72.19 Compressed Natural Gas (CNG) 0 PNG 27.52 Others 0.29
Location Wise Break-Up	Location Wise Break-Up NCR 100.0 Rest of the World 0	Location Wise Break-Up Rest of the World 0 NCR 0 Others 100	Location Wise Break-Up Rest of the World 0 NCR 0 Others 100
Gas Marketing Mix	Gas Marketing Mix Non-APM (Non - Administrative Price Mechanism) 38.0 APM 37.0 Regasified Liquefied Natural Gas (RLNG) 19.0 PMT (Panna-Mukta and Tapti) 0 Others 6.0	-	-
Asset Break-Up	Asset Break-Up Others 100	-	-