10 LNG stations to be commissioned in FY25
ATGL targets commissioning 10 LNG stations in the current financial year, with the first station in Tirupur, Tamil Nadu.
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Jalandhar GA to start CNG dispensing within 1.5 months
ATGL expects to commission 3-4 CNG stations in Jalandhar within 1.5 months and begin CNG dispensing.
CBG plant commissioning completed, diversifying feedstock
Phase 1 of the Barsana biomass plant is commissioned; ATGL is adding paddy straw and pressmud feedstock to increase CBG and fertilizer output.
CapEx of INR 900-1,000 crore for FY26
Management guided CapEx of INR 900-1,000 crore for the current fiscal year, primarily for network expansion.
CapEx of INR 3,500-3,700 crore over three years
Over the next three years, CapEx is planned at INR 3,500-3,700 crore, focused on 11th round GAs and CNG stations.
Double-digit CNG volume growth expected
Management expects to maintain double-digit growth in CNG volumes, driven by infrastructure expansion and OEM tie-ups.
Calibrated CNG price increase expected
Management plans to pass on some cost increases to consumers in a calibrated manner to balance volume growth and margins.
CapEx acceleration via $375M financing
The company raised $375 million to accelerate network infrastructure development over the next 24 months.
EV charging points target of 3,000
Management aims to reach 3,000 EV charging points in the near future.
LNG for transport and mining expansion
First LNG station commissioned in Tiruppur; more stations under construction to cater to long-haul trucks and mining.
Double-digit volume growth expected to continue
Management expects sustained double-digit volume growth driven by network expansion and deeper penetration across 34 GAs.
EV charging network target of 10,000 points
Targeting 10,000 EV charging points (currently 4,209) with a capacity of 100 MW (currently 42 MW).
Pass-through of Gujarat VAT benefit to consumers
The 13% cost benefit from VAT-to-CST realignment will be passed on to CNG and PNG consumers to improve affordability.
Capex of ₹900-1,000 crore for FY25
Management guided total capex for FY25 to be around ₹900-1,000 crore, including newer businesses.
EV charging points target of 3,000 by March-April 2025
Aim to reach around 3,000 EV charging points by March to April 2025, up from 1,914 currently.
EBITDA per SCM expected to remain in similar range
Management expects EBITDA per SCM to remain around ₹10-12, balancing volume growth and cost optimization.
Target 10,000 EV charge points soon
ATGL's e-mobility subsidiary has installed 4,908 charge points and aims to reach 10,000 in the near future.
Healthy CNG station additions expected
Management expects continued healthy growth in CNG station count, with focus on CODO/DODO model expansion.
Double-digit volume growth in FY26
Management expects to maintain double-digit volume growth, supported by new GA ramp-up and infrastructure expansion.
Capex of ~INR 900 crore in FY26
Capital expenditure for FY26 is expected to be similar to FY25, around INR 900 crore, focused on monetizing assets.
EV business investment of INR 70-80 crore in FY26
Planned investment in e-mobility subsidiary for the coming year is INR 70-80 crore, with 1,500-2,000 new charge points.
FY27 Revenue Growth Similar to FY26
Management expects revenue growth in FY27 to be similar to the 18% growth achieved in FY26, with additional contribution from newer GAs.
FY27 EBITDA Target of INR 1,500 Crore
Interim CFO guided for EBITDA of around INR 1,500 crore for FY27, implying ~22% growth over FY26 EBITDA of INR 1,225 crore.