Peers

Indraprastha Gas Ltd. stands out in the gas transmission industry with solid profitability metrics and a low debt equity ratio. While it exhibits moderate growth, it is positioned well against peers, especially in terms of efficiency and valuation, making it a strong contender for investors seeking stability and reasonable growth.

• • Indraprastha Gas Ltd. has a strong ROE of 16.92% and low debt equity ratio of 0.0007, indicating strong profitability and minimal financial risk.
• • Best value picks include Indraprastha Gas Ltd. and Mahanagar Gas Ltd. due to their attractive PE ratios and solid profit margins.
• • Adani Total Gas Ltd. and Confidence Futuristic Energetech Ltd. are identified as financially risky due to high PE ratios and poor cashflow metrics.

• • Mahanagar Gas Ltd.: Highest profitability metrics with an ROE of 27.55% and a low PE ratio of 11.52, indicating strong returns relative to its price.
• • Indraprastha Gas Ltd.: Solid ROE of 16.92% and one of the lowest debt levels, showcasing strong operational efficiency and financial health.