Peers

Adani Total Gas Ltd. stands out as a growth outperformer within the Gas Transmission/Marketing sector, showcasing solid revenue growth rates and high profitability metrics. Nonetheless, its high valuation ratios indicate that it may be overvalued relative to its peers. Companies like Mahanagar Gas Ltd. and Gujarat Gas Ltd. offer attractive valuations with strong profitability metrics, presenting good investment opportunities in comparison.

• • Adani Total Gas Ltd. has the highest revenue growth YoY (12.36%) and solid EPS growth (5.89) but also the highest PE ratio (103.20) among peers.
• • Mahanagar Gas Ltd. leads in profitability with the highest ROE (27.55%) and lowest PE (11.52), making it a strong value pick.
• • Confidence Futuristic Energetech Ltd. exhibits extraordinary revenue growth YoY (41.77%) but has low profitability metrics and high PE (57.24).
• • Gujarat Gas Ltd. and Gujarat State Petronet Ltd. are identified as financially weak due to negative revenue growth and low margins.

• • Mahanagar Gas Ltd.: Highest ROE (27.55%) and lowest PE (11.52), indicating strong profitability and attractive valuation.
• • Gujarat Gas Ltd.: Low PE (26.44) with acceptable profitability metrics, making it a good value pick despite recent revenue struggles.