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Adani Total Gas Valuation Multiples
Discover revenue and EBITDA valuation multiples for Adani Total Gas and similar public comparables like Capital Power, Noble Corp, Huadian Power, Shanghai Electric Power and more.
Adani Total Gas Overview
About Adani Total Gas
Adani Total Gas Ltd is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. It has a single operating segment that is the Sale of Natural Gas. Geographically, the group has set up gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana, and Khurja in Uttar Pradesh.
Founded
2005
HQ

Employees
578
Website
Sectors
Financials (FY)
EV
$8B
Adani Total Gas Financials
Adani Total Gas reported last fiscal year revenue of $588M and EBITDA of $133M.
In the same fiscal year, Adani Total Gas generated $166M in gross profit, $133M in EBITDA, and $77M in net income.
Revenue (LTM)
Adani Total Gas P&L
In the most recent fiscal year, Adani Total Gas reported revenue of $588M and EBITDA of $133M.
Adani Total Gas expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $588M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $166M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 28% | XXX | XXX | XXX |
| EBITDA | — | XXX | $133M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 17% | XXX | XXX | XXX |
| Net Profit | — | XXX | $77M | XXX | XXX | XXX |
| Net Margin | — | XXX | 13% | XXX | XXX | XXX |
| Net Debt | — | — | $164M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Adani Total Gas Stock Performance
Adani Total Gas has current market cap of $8B, and enterprise value of $8B.
Market Cap Evolution
Adani Total Gas' stock price is $6.83.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $8B | $8B | 0.5% | XXX | XXX | XXX | $0.07 |
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Start Free TrialAdani Total Gas Valuation Multiples
Adani Total Gas trades at 13.0x EV/Revenue multiple, and 57.5x EV/EBITDA.
EV / Revenue (LTM)
Adani Total Gas Financial Valuation Multiples
As of April 19, 2026, Adani Total Gas has market cap of $8B and EV of $8B.
Equity research analysts estimate Adani Total Gas' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Adani Total Gas has a P/E ratio of 97.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $8B | XXX | $8B | XXX | XXX | XXX |
| EV (current) | $8B | XXX | $8B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 13.0x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 57.5x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 76.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 46.1x | XXX | XXX | XXX |
| P/E | — | XXX | 97.4x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 3094.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Adani Total Gas Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Adani Total Gas Margins & Growth Rates
Adani Total Gas' revenue in the last fiscal year grew by 3%.
Adani Total Gas' revenue per employee in the last FY averaged $1.0M, while opex per employee averaged $0.1M for the same period.
Adani Total Gas Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 0% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Adani Total Gas Public Comps
See public comps and valuation multiples for other Energy Services and Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Adani Total Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Capital Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Noble Corp | XXX | XXX | XXX | XXX | XXX | XXX |
| Huadian Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Shanghai Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo Energía Bogotá | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Adani Total Gas M&A Activity
Adani Total Gas acquired XXX companies to date.
Last acquisition by Adani Total Gas was on XXXXXXXX, XXXXX. Adani Total Gas acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Adani Total Gas
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAdani Total Gas Investment Activity
Adani Total Gas invested in XXX companies to date.
Adani Total Gas made its latest investment on XXXXXXXX, XXXXX. Adani Total Gas invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Adani Total Gas
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Adani Total Gas
| When was Adani Total Gas founded? | Adani Total Gas was founded in 2005. |
| Where is Adani Total Gas headquartered? | Adani Total Gas is headquartered in India. |
| How many employees does Adani Total Gas have? | As of today, Adani Total Gas has over 578 employees. |
| Who is the CEO of Adani Total Gas? | Adani Total Gas' CEO is Suresh P. Manglani. |
| Is Adani Total Gas publicly listed? | Yes, Adani Total Gas is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Adani Total Gas? | Adani Total Gas trades under ATGL ticker. |
| When did Adani Total Gas go public? | Adani Total Gas went public in 2018. |
| Who are competitors of Adani Total Gas? | Adani Total Gas main competitors are Capital Power, Noble Corp, Huadian Power, Shanghai Electric Power. |
| What is the current market cap of Adani Total Gas? | Adani Total Gas' current market cap is $8B. |
| What is the current revenue of Adani Total Gas? | Adani Total Gas' last fiscal year revenue is $588M. |
| What is the current EV/Revenue multiple of Adani Total Gas? | Current revenue multiple of Adani Total Gas is 13.0x. |
| Is Adani Total Gas profitable? | No, Adani Total Gas is not profitable. |
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