Valuation
Company Industry Analyst Rating MktCap
(US$bn)
Price Target
Price
Up/
down (%)
CORE EPS EPS Growth (%) PER (x) P/Bk (x) EV/EBITDA (x) Yield (%) ROAE (%)
FY24 FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY25F FY25F
GAIL India Gas Transmission & Dist Pratyush KAMAL ADD 14.2 184 261 41.6% 15.1 16.8 19.1 11.2% 13.7% 10.98 9.66 1.45 1.31 8.67 3.64% 11.6%
Gujarat Gas Gas Transmission & Dist Pratyush KAMAL ADD 3.3 408 642 57.5% 16.6 21.9 34.9 31.9% 59.3% 18.61 11.68 3.18 2.60 10.83 1.47% 18.2%
Indraprastha Gas Gas Transmission & Dist Pratyush KAMAL REDUCE 3.3 203 419 106.4% 28.3 29.3 25.7 3.5% (12.4%) 6.92 7.90 1.24 1.09 3.70 1.77% 19.4%
Mahanagar Gas Gas Transmission & Dist Pratyush KAMAL REDUCE 1.6 1,388 1,397 0.7% 129.2 117.3 108.3 (9.3%) (7.6%) 11.84 12.81 2.25 2.04 7.49 0.36% 20.0%
NTPC Ltd Power Ishan VERMA ADD 39.9 352 385 9.4% 16.1 19.8 20.8 23.0% 5.2% 17.80 16.92 2.12 1.97 11.04 2.32% 12.3%
Petronet LNG Gas Transmission & Dist Pratyush KAMAL ADD 5.2 299 519 73.6% 21.7 28.8 40.5 32.5% 40.8% 10.38 7.37 2.43 1.96 7.75 3.68% 24.1%