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
Adani Power Ltd Power Ishan VERMA ADD 28.3 649 649 0.1% 54.0 33.1 35.9 (0.4%) 0.1% 19.62 18.07 4.44 3.56 13.32 0.00% 25.6%
GAIL India Gas Transmission & Dist Pratyush KAMAL ADD 13.3 179 261 46.0% 15.1 16.8 19.1 11.2% 13.7% 10.65 9.37 1.40 1.27 8.44 3.75% 11.6%
Gujarat Gas Gas Transmission & Dist Pratyush KAMAL ADD 3.4 431 642 49.0% 16.6 21.9 34.9 31.9% 59.3% 19.67 12.35 3.37 2.75 11.48 1.39% 18.2%
Indraprastha Gas Gas Transmission & Dist Pratyush KAMAL REDUCE 3.4 215 419 95.0% 28.3 29.3 25.7 3.5% (12.4%) 7.32 8.36 1.31 1.16 4.05 1.68% 19.4%
Mahanagar Gas Gas Transmission & Dist Pratyush KAMAL REDUCE 1.5 1,303 1,397 7.2% 129.2 117.3 108.3 (9.3%) (7.6%) 11.11 12.03 2.11 1.92 6.93 0.38% 20.0%
NTPC Ltd Power Ishan VERMA ADD 36.4 332 390 17.5% 16.1 20.3 20.6 26.2% 1.5% 16.37 16.12 1.99 1.86 10.31 2.49% 12.6%
Petronet LNG Gas Transmission & Dist Pratyush KAMAL ADD 4.7 278 519 86.7% 21.7 28.8 40.5 32.5% 40.8% 9.65 6.86 2.26 1.82 7.27 3.96% 24.1%