IGL
Indraprastha Gas Limited
Each stock's 10,000-path forecast, rendered as light.
Indraprastha Gas Limited (IGL) Stock Analysis & Case Study
Is IGL a good buy? The data-driven verdict.
Indraprastha Gas Limited (IGL) trades at ₹152,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.
On the numbers, Indraprastha Gas Limited (IGL) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 13.7× earnings, ROE of 14.0%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
IGL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How IGL ranks against the 2,373 companies in our screener
- IGL's market cap of 21,272 Cr ranks in the 85th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's book value of ₹82 ranks in the 46th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's promoter holding of 45.0% ranks in the 23rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's 3-year profit (PAT) growth of -1.0% ranks in the 28th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's 3-year revenue growth of 5.0% ranks in the 35th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's debt-to-equity ratio of 0.01x is lower than 98% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is IGL overvalued? IGL P/E vs its Energy
IGL's P/E of 13.7× sits above the Energy peer median of 10.8×, so on earnings it screens richer than peers, while its 2.14% dividend yield is below the peer median of 3.56%.
IGL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of IGL history (8%/yr drift, 35%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| IGL 2027 | ₹100 | ₹157 | ₹248 | +3% |
| IGL 2028 | ₹86 | ₹163 | ₹308 | +7% |
| IGL 2029 | ₹76 | ₹168 | ₹373 | +11% |
| IGL 2030 | ₹71 | ₹174 | ₹428 | +15% |
| IGL 2031 | ₹65 | ₹180 | ₹498 | +19% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability IGL goes up, or doubles?
The bull case for IGL
- IGL's P/E of 13.7x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's return on equity of 14.0% ranks in the 68th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- IGL's dividend yield of 2.1% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹373.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹76.
IGL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years IGL compounded at 8%/year with annualized volatility of 35%. That volatility implies a 1-year 80% range of ₹100-₹248, the honest backbone behind any single price target.
IGL price forecast, the full 60-month probability fan
IGL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds IGL hits common targets within the simulated horizon?
Full multi-horizon detail on the IGL price target & forecast page.
IGL Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. IGL scores 5/8, mixed financial health.
IGL MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy IGL with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 29.60% | 3.4× |
| ZerodhaCHEAPEST | 29.59% | 3.4× |
| Groww | 29.68% | 3.4× |
| Dhan | 30.00% | 3.3× |
| Kotak Neo | 30.03% | 3.3× |
| Paytm Money | 29.78% | 3.4× |
| Pocketful | 29.94% | 3.3× |
| Fyers | 31.25% | 3.2× |
| Anand RathiCHEAPEST | 29.59% | 3.4× |
| Bajaj Broking | 31.00% | 3.2× |
| Share India | 29.68% | 3.4× |
Compare every broker on the IGL MTF page.
IGL vs peers,Energy comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| IGL (this stock) | 13.7× | 2.14% | ₹21,272 Cr |
| RELIANCE | 24.2× | 0.45% | ₹18.06L Cr |
| BPCL | 9.0× | 5.45% | ₹1.39L Cr |
| ONGC | 6.9× | 5.13% | ₹3.00L Cr |
| IOC | 6.0× | 5.75% | ₹2.02L Cr |
| GAIL | 11.6× | 2.88% | ₹1.14L Cr |
| PETRONET | 10.8× | 3.56% | ₹42,090 Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About Indraprastha Gas Limited: sector, index & market-cap context
Indraprastha Gas Limited (IGL) is a mid-cap NSE-listed company in the Energy sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹21,272 Cr. See more stocks on our screener.
How the IGL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Indraprastha Gas Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
IGL analysis, FAQs
Is Indraprastha Gas Limited (IGL) a good buy?
On the numbers, Indraprastha Gas Limited (IGL) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 13.7× earnings, ROE of 14.0%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is IGL overvalued or undervalued?
IGL trades at 13.7× earnings versus a peer median of 10.8×, so it screens richer than its Energy peers.
What is the IGL share price target for 2031?
IGL's probability-weighted 2031 median target is ₹180, with an 80% range of ₹65-₹498 (10,000-path Monte-Carlo).
What is the probability IGL doubles in 5 years?
The modelled probability of IGL reaching ₹304 (2×) within 5 years is 25%.
What is the bull case for IGL?
IGL's P/E of 13.7x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. IGL's return on equity of 14.0% ranks in the 68th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. IGL's dividend yield of 2.1% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in IGL?
No model or past record guarantees future returns, treat this as one input, not a decision.