Indraprastha Gas Share Price Target 2025, 2026, 2030, 2040, 2050
Indraprastha Gas is a big city gas company in India. It mainly works in Delhi NCR and nearby cities like Noida, Ghaziabad, Gurugram, Karnal, and Kanpur. The company provides Piped Natural Gas (PNG) for homes, shops, and factories, and Compressed Natural Gas (CNG) as a cleaner fuel for vehicles. It also works on renewable energy and biogas projects, making plants that turn waste into clean gas. The company focuses on giving safe, simple, and reliable gas, reducing pollution, supporting clean energy, and expanding its services to more people in cities and villages.
- 1 What is Indraprastha Gas Ltd NSE: IGL?
- 2 Indraprastha Gas Share Price Target
- 3 Indraprastha Gas Share Price Target 2025
- 4 Indraprastha Gas Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Indraprastha Gas share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Indraprastha Gas stock?
- 12 Indraprastha Gas earnings results
- 13 Is Indraprastha Gas stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Indraprastha Gas Ltd NSE: IGL?
Indraprastha Gas was established in 1998 in Delhi and is owned by GAIL (India), Bharat Petroleum Corporation Limited (BPCL), and the Delhi government. The company provides natural gas mainly in Delhi, Noida, Greater Noida, Ghaziabad, and parts of Gurugram. It supplies Compressed Natural Gas (CNG) for vehicles at more than 425 stations and Piped Natural Gas (PNG) to homes, shops, and factories, helping people use cleaner fuel. It also works on renewable energy and biogas projects, like a solar power plant in Rajasthan and plants in Delhi that turn waste into clean gas (CBG).
Indraprastha Gas was established as a partnership between big energy companies and the Delhi government to provide cleaner fuel. This was an important step to reduce pollution and promote clean energy in Delhi and nearby areas. At first, it supplied fuel for vehicles and natural gas for homes. Over time, the company expanded to cover more cities. In the beginning, it built pipelines for homes and set up CNG stations for vehicles. In 2025, its share price target would be ₹310, as per stock market analysts.
According to stock market analysts, its share price would be between ₹172 to ₹310 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 172 | 310 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 180 | 226 |
February | 181 | 209 |
March | 175 | 208 |
April | 172 | 209 |
May | 192 | 216 |
June | 193 | 220 |
July | 199 | 229 |
August | 200 | 212 |
September | 200 | 222 |
October | 183 | 246 |
November | 178 | 260 |
December | 240 | 310 |
It provides two main services that are very important to its work. The first is Compressed Natural Gas (CNG), a cleaner fuel for vehicles instead of petrol or diesel. Using CNG helps reduce pollution and keeps the air cleaner in cities. The second service is Piped Natural Gas (PNG), which is supplied to homes, shops, and factories. PNG gives a steady, easy, and affordable fuel for cooking, heating, and industrial work. Both services help people use cleaner energy, rely less on traditional fuels, and make the air healthier where they work. In 2026, its share price target would be ₹443, as per stock market analysts.
Its share price would be between ₹282 to ₹443 in 2026, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 282 | 443 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 282 | 311 |
February | 297 | 332 |
March | 300 | 347 |
April | 312 | 365 |
May | 325 | 378 |
June | 335 | 382 |
July | 341 | 388 |
August | 356 | 397 |
September | 374 | 412 |
October | 380 | 425 |
November | 381 | 437 |
December | 398 | 443 |
It works mainly in Delhi NCR and nearby cities like Noida, Ghaziabad, Gurugram, Karnal, and Kanpur. The company has built many pipelines and CNG stations to reach more people in these areas. Its goal is to provide clean and reliable natural gas to homes, shops, and factories. By the time it expanded and provided PNG and CNG service to both households and businesses. This growth is part of the company’s plan to become a leading city gas provider in northern India while keeping safety and service at a high level. In 2027, its share price target would be ₹577, as per stock market analysts.
Its share price would be between ₹425 to ₹577 in 2027, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 425 | 577 |
It uses the best technology to make its work and services better and safer. The company has smart monitoring systems, automated control centres, and real-time data to manage gas distribution efficiently. These systems help it to quickly find leaks, check gas pressure, and maintain pipelines. Using technology makes the company’s work more efficient, keeps people safe, reduces harm to the environment, and makes customers happy, showing that it is a modern and forward-looking energy company. In 2028, its share price target would be ₹715, as per stock market analysts.
According to stock market analysts, its share price would be between ₹542 to ₹715 in 2028.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 542 | 715 |
The company helps reduce harmful emissions and pollution in cities. Its PNG supply also reduces the use of firewood, coal, and other polluting fuels in homes and factories. It works on clean energy projects too, like solar power, and builds biogas plants that turn organic waste into compressed biogas. These projects help India use cleaner energy and lower greenhouse gas emissions. Its work for the environment shows it is committed to protecting the planet while providing useful energy to people. In 2029, its share price target would be ₹850, as per stock market analysts.
Its share price would be between ₹678 to ₹850 in 2029, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 678 | 850 |
The company follows strict safety rules in all its work, from building pipelines to running CNG stations. Its employees take regular safety training and drills to keep everyone safe. It also follows global safety standards and teaches the public how to use natural gas safely. The company has kept a strong record over the years and earned the trust of customers and authorities. This approach ensures that natural gas is delivered safely, reliably, and without any risk. In 2030, its share price target would be ₹1021, as per stock market analysts.
According to stock market analysts, its share price would be between ₹835 to ₹1021 in 2030.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 835 | 1021 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 835 | 885 |
February | 854 | 897 |
March | 875 | 912 |
April | 885 | 925 |
May | 897 | 937 |
June | 900 | 952 |
July | 912 | 956 |
August | 925 | 963 |
September | 936 | 972 |
October | 947 | 985 |
November | 958 | 997 |
December | 974 | 1021 |
It also works on renewable energy and biogas projects. The company sets up biogas plants with local authorities that change kitchen and dairy waste into compressed biogas (CBG). These plants give another source of fuel, reduce trash in landfills, and help keep the environment clean. It has also started solar energy projects to produce sustainable power and support India’s clean energy goals. In 2040, its share price target would be ₹1752, as per stock market analysts.
Its share price would be between ₹1525 to ₹1752 in 2040, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 1525 | 1752 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1525 | 1587 |
February | 1536 | 1600 |
March | 1547 | 1611 |
April | 1578 | 1624 |
May | 1587 | 1635 |
June | 1612 | 1647 |
July | 1623 | 1658 |
August | 1620 | 1679 |
September | 1627 | 1689 |
October | 1641 | 1700 |
November | 1658 | 1721 |
December | 1679 | 1752 |
It wants to expand its work to reach more cities and villages. The company plans to build more pipelines and CNG stations, provide new energy solutions, and make its services easier for people to use. It also aims to invest in technology and renewable energy projects to help India use cleaner and sustainable energy. Its growth plan focuses on serving more people while caring for the environment, making sure homes, businesses, and vehicles have safe and reliable natural gas, and helping reduce pollution and support sustainable development. In 2050, its share price target would be ₹2374, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2173 to ₹2374 in 2050.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 2173 | 2374 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2173 | 2212 |
February | 2180 | 2232 |
March | 2184 | 2248 |
April | 2188 | 2268 |
May | 2197 | 2285 |
June | 2210 | 2297 |
July | 2221 | 2310 |
August | 2235 | 2325 |
September | 2248 | 2342 |
October | 2265 | 2350 |
November | 2275 | 2362 |
December | 2284 | 2374 |
Should I buy Indraprastha Gas stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 172 | 310 |
2026 | 282 | 443 |
2027 | 425 | 577 |
2028 | 542 | 715 |
2029 | 678 | 850 |
2030 | 835 | 1021 |
2040 | 1525 | 1752 |
2050 | 2173 | 2374 |
It provides CNG for vehicles and PNG for homes, shops, and factories. The company is financially strong, has very little debt, pays good dividends, and handles its money well. It looks strong for the long term. The company is expanding pipelines, CNG stations, and renewable energy projects to provide cleaner energy and support India’s environmental goals. It seems like a good investment, but it’s best to research carefully or consult a financial advisor before buying.
Indraprastha Gas earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
Sales + | 6,485 | 4,941 | 7,710 | 14,133 | 14,000 | 14,928 | 15,318 |
Expenses + | 4,949 | 3,446 | 5,816 | 12,089 | 11,612 | 12,934 | 13,418 |
Operating Profit | 1,536 | 1,495 | 1,894 | 2,044 | 2,388 | 1,994 | 1,900 |
OPM % | 24% | 30% | 25% | 14% | 17% | 13% | 12% |
Other Income + | 293 | 240 | 401 | 469 | 596 | 691 | 710 |
Interest | 20 | 22 | 25 | 27 | 28 | 26 | 11 |
Depreciation | 252 | 290 | 317 | 363 | 414 | 476 | 486 |
Profit before tax | 1,556 | 1,422 | 1,953 | 2,122 | 2,542 | 2,183 | 2,114 |
Tax % | 20% | 18% | 23% | 23% | 22% | 22% | |
Net Profit + | 1,249 | 1,173 | 1,502 | 1,640 | 1,983 | 1,713 | 1,661 |
EPS in Rs | 8.92 | 8.38 | 10.73 | 11.71 | 14.18 | 12.27 | 11.89 |
Dividend Payout % | 16% | 21% | 26% | 56% | 32% | 57% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
17.57 | 2.75 | 3.35% | 22.27 | 2.90 | 1.35% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Indraprastha Gas Ltd | 17.04 | 2.75 | 3.35% |
Gail (India) Ltd | 9.37 | 1.37 | 4.23% |
Adani Total Gas Ltd | 107.10 | 16.66 | 0.04% |
Gujarat Gas Ltd | 26.18 | 3.54 | 1.33% |
Is Indraprastha Gas stock good to buy? (bull case & bear case)

Bull Case:
- In Q1 FY2025-26, IGL earned ₹4,003.40 crore in revenue and a net profit of ₹427.81 crore, which is 11% higher than the same period last year.
- The company kept a net profit margin of 9.83%, showing it manages costs well.
- It has a debt-to-equity ratio of 0.00, meaning it has almost no debt and is financially strong.
- The company has been maintaining a healthy dividend payout of 48.1%
- Debtor days have improved from 22.4 to 17.3 days.
- The company is also expanding into renewable energy, like a solar power project in Rajasthan, which supports cleaner energy goals.
Bear Case:
- The company’s EBITDA margin dropped to 13% in Q1 FY2025-26 from 17% in the previous quarter, showing pressure on profits.
- Net profit fell by 10.9% year-on-year to ₹427.81 crore in Q1 FY2025-26.
- Earnings per share (EPS) went down to ₹3.06 in Q1 FY2025-26 from ₹3.44 last year.
Conclusion
It provides CNG for vehicles and PNG for homes, shops, and factories, which helps cut pollution and give people cleaner fuel. The company also works on green energy, like solar power in Rajasthan and plants in Delhi that make gas from waste. It has almost no debt, makes good profits, pays regular dividends, and is expanding to more places.