ADANITOTALGAS / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Adani Total Gas · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ4-FY26 · 2026-04-??Back to quarter ↗

Questions audited

Answered directly

54%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Yogesh Bart · Dollar Capital

partial

Gas pool pricing formula and composition for March 2026.

the pricing formula what they have derived for the gas food mechanism is like uh there were various uh gases available in the market. So some of them were withdrawn from like our O2C some volume was withdrawn some volume was withdrawn from the fertilizer and some was withdrawn from the uhc consumption. So that in addition to that the Vanta gas plus the SPS gas they were made part of this pool mechanism and whatever would be the average weighted average of this uh volumes available that was the pool gas price for the CGD sector

Yogesh Bart · Dollar Capital

direct

Gas pool price for March 2026.

for the month of March the gas pool price was $12.42 $42 per mm.

Yogesh Bart · Dollar Capital

direct

Whether imported LNG is included in the gas pool.

In the month of March the imported LNG was not available that easily. So that did not include the imported LNG but in the later part of April that has come up.

Yogesh Bart · Dollar Capital

direct

Whether gas supply is enough for incremental CNG/DPNG demand.

after that uh 6 months average uh definitely there was some shortfall to cater to this sector and uh government made an arrangement to supply the additional volumes which were higher than the 6 month average. So that was available and allocated later.

Yogesh Bart · Dollar Capital

direct

Whether spot LNG for captive consumption is restricted.

Yeah, there is a freedom to purchase the imported LNG. There's no restriction on the uh purchase of imported LG. Probably get is available but the imported G is available at a higher price. So there is no restriction on purchase industry.

Yogesh Bart · Dollar Capital

evasive

Gas sourcing mix for CNG (APM vs non-APM).

Probably we'll come back to that. So it's a see it's a mixture of uh the whole portfolio is a mixture of AP and nonAPN HPT and the AG contract. So probably we can uh discuss that in detail later.

Kiran Mag · Modi Finap

partial

Revenue and EBITDA guidance for FY27.

We expecting the same revenue growth which we have achieved in the current financial year. Maybe something more on a new year compared to the existing G in current financial year.

Kiran Mag · Modi Finap

partial

Whether growth will be in same ratio as current year.

So I'm saying we are expecting the same growth which we are currently having in 256 in the next year. And will be in the range of same perp based on that growth. So we are expecting a around you can say 1,500 1500 of

Shrid Capitals · Shrid Capitals

evasive

When new GAs will reach peak utilization and profitability.

I think we are already working on expanding our networks. Now we are expanding on the pipe metro west side uh on the all the geographical area where our city stations are connected. We have done lot of work already on the pipe metro side also.

Shrid Capitals · Shrid Capitals

evasive

Pricing flexibility to pass on gas cost without impacting demand.

our approach has always been consumer first and you will see from a volume growth even during this crisis hardly there is a hardly 1% here and there of industrial consumer otherwise there has been a good track record of a volume growth price has been calibrated we have not been able to pass through in the interest of a consumer

Shrid Capitals · Shrid Capitals

evasive

Target return profile for new investments (ROCE).

we run the business with the robust returns good reasonable profitability as I said it's a it's a business which you build for generation. You don't build for only tomorrow. Keeping these things in the mind, initially the returns would be on an elevated graph

Arya Patel · MK Global

direct

Breakup of PNG volumes into domestic, industrial, commercial.

CNG plus domestic is around 78%. And the balance is industrial plus commercial 22% and we get and if you if you want further break up the industrial volume would be around uh 20% and the rest is commercial around 2 and a half%.