Adani Total Gas Limited Posts Strong FY26 Growth; Expands CNG, PNG And EV Network

Adani Total Gas Limited delivered a resilient performance in Q4 and FY26, recording sustained double-digit volume growth and steady earnings expansion. The company reported FY26 volume growth of 14 per cent year-on-year to 1,133 MMSCM, while EBITDA rose 5 per cent to INR 1,225 crore.

In Q4, volumes increased 13 per cent to 297 MMSCM, with EBITDA reaching INR 310 crore.

The company accelerated infrastructure expansion. It increased its CNG network to 705 stations and extended PNG connections to nearly 1.1 million households.

EV charging points rose to 5,100 across India. ATGL also commissioned nine CGS units and one LCNG plant, expanding gas access across new geographical areas.

Despite geopolitical tensions in West Asia, rising LNG prices, and currency fluctuations, ATGL ensured an uninterrupted gas supply.

Higher gas procurement costs emerged due to supply disruptions and reduced APM allocation.

The company, however, adopted a balanced pricing strategy to sustain demand growth.

Government measures supported the sector by prioritising gas allocation for PNG and CNG users and streamlining approvals.

Regulatory support from the Petroleum and Natural Gas Regulatory Board also stabilised tariffs.

Financially, revenue grew 18 per cent to INR 6,415 crore in FY26, while Q4 revenue rose 16 per cent to INR 1,696 crore.

Profit after tax stood at INR 637 crore for FY26 and INR 156 crore in Q4. Consolidated PAT reached INR 656 crore annually.

The company strengthened ESG credentials, achieving high ratings from CareEdge and NSE Sustainability indices. Its subsidiaries expanded EV infrastructure and biomass output, reinforcing clean energy goals.

Leadership emphasised operational discipline, digital integration, and sustainable growth, aligning with India’s target to raise natural gas share to 15 per cent by 2030.

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