Volume exit rate of 10 MMSCMD in Q4 FY26
Management expects to exit Q4 FY26 at an average daily volume of 10 million SCM, with March 2026 averaging above 10 MMSCMD.
Indraprastha Gas · forward-looking guidance across the available source record.
Guidance tracker
Management expects to exit Q4 FY26 at an average daily volume of 10 million SCM, with March 2026 averaging above 10 MMSCMD.
IGL targets adding 1 million SCM per day each year for the next 2-3 years, driven by CNG (65-70%) and PNG (30-35%).
Management expects EBITDA margin to reach ₹7-8 per SCM in the near term, aided by transmission tariff benefits (~75 paise/SCM), Gujarat VAT benefit (~25 paise/SCM), and reversal of one-time labor code provisions (~30 paise/SCM).
Core business capex (CNG/PNG) is expected to be ₹1,200-1,500 crore in FY27, with additional ₹500-800 crore for diversification (CBG, LNG, renewables).