IGL / Q1-FY25 / risks

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Indraprastha Gas · Material risks, their source context, and severity in the latest available quarter.

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WatchQ1-FY25 · 2024-07-24Back to quarter ↗

Risk intelligence

Material risks this quarter

DTC bus volume erosion

DTC bus CNG volumes have fallen from 3.1 lakh kg/day to 1.5 lakh kg/day and are expected to go to zero in 2-3 years, impacting overall CNG sales.

high

LNG price spike risk

A sudden spike in LNG prices (e.g., geopolitical event) could compress margins despite current cushion.

medium

EV policy impact on CNG demand

Delhi's EV policy may shift new vehicle additions to electric, though management believes CNG remains cost-competitive.

medium

CBG blending cost uncertainty

CBG production volumes and purity remain uncertain, posing a risk to achieving blending targets on time.

low