Gas Pool Price Volatility
The government pool gas price was $12.42/MMBtu in March 2026, and imported LNG inclusion may increase costs, pressuring margins.
ATGL / Q4-FY26 / risks
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Adani Total Gas · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Incremental Gas Supply Shortfall
Government allocation based on six-month average may not cover incremental demand from CNG/PNG growth, requiring costlier spot purchases.
Industrial Volume Leakage
Management acknowledged slight de-growth in industrial/commercial volumes due to higher gas prices, which could persist if prices remain elevated.