Comparison · NSE · data 2026-11-01
GAIL (India) Limited vs Indraprastha Gas Limited
In plain words
Size: GAIL (India) Limited is about 5.7 times the market value of Indraprastha Gas Limited.
Valuation (P/E): Indraprastha Gas Limited 19.5 vs GAIL (India) Limited 8.7.
Return on equity: Indraprastha Gas Limited 14% vs GAIL (India) Limited 8.7%.
Profit growth over 3 years: GAIL (India) Limited 10.5% a year vs Indraprastha Gas Limited -1.9% a year.
Debt to equity: GAIL (India) Limited 0.28 vs Indraprastha Gas Limited 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GAIL | IGL | |
|---|---|---|
| Price | ₹167.91 | ₹139.19 |
| Market cap | ₹1,10,462 cr | ₹19,481 cr |
| P/E | 8.7 | 19.5 |
| P/B | 1.1 | 1.7 |
| ROE | 8.7% | 14.0% |
| ROCE | 8.4% | 11.8% |
| Debt / equity | 0.28 | 0.01 |
| Operating margin | 9.3% | 3.4% |
| Dividend yield | 3.27% | 3.41% |
| Sales growth, 3 years (yearly) | -0.9% | 4.6% |
| Profit growth, 3 years (yearly) | 10.5% | -1.9% |
| 1-year return | -9.7% | -34.4% |
| Revenue, last 12 months | ₹1,59,087 cr | ₹17,935 cr |
| Net profit, last 12 months | ₹12,626 cr | ₹1,001 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹4,720 cr | ₹26 cr |
| Quarter profit vs a year earlier | +139.3% | -93.3% |
| Promoter holding | 51.85% | 45.00% |
| Health check | Strong (6.6/10) | Weak (3.9/10) |
Common questions
Which has a higher P/E, GAIL (India) Limited or Indraprastha Gas Limited?
Indraprastha Gas Limited trades at the higher P/E (19.5 against 8.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indraprastha Gas Limited (14.0% against 8.7%).
Which carries more debt?
GAIL (India) Limited has the higher debt-to-equity ratio (0.28 against 0.01).