GAIL (India) vs Indraprastha Gas: share price, P/E, ROE and financials compared
GAIL (India)
Indraprastha Gas
GAIL (India) and Indraprastha Gas at a glance
GAIL (India) and Indraprastha Gas are both listed in Oil Gas & Consumable Fuels. GAIL (India) is the larger by market cap, at ₹1.2L Cr against ₹19,876 Cr for Indraprastha Gas (6.1 times as large). On valuation, GAIL (India) has the lower P/E (9.7× against 19.9×) and the lower price-to-book (1.26× against 1.99×). On returns and margins, GAIL (India) has the higher ROE (13.6% against 8.7%) and the higher operating margin (11.6% against 6.4%), while Indraprastha Gas has the higher ROCE (16.3% against 9.1%). Over three years, GAIL (India) has faster 3-year profit growth (+10.5% against −1.9% a year), while Indraprastha Gas has faster 3-year sales growth (+4.6% against −0.9% a year). Indraprastha Gas carries less debt for its equity, with a debt-to-equity of 0.01× against 0.25×.
Key metrics, side by side
| Metric | GAIL (India)GAIL | Indraprastha GasIGL |
|---|---|---|
| Price (₹) | 185.79 | 141.97 |
| Market cap (₹ Cr) | 1,22,158 | 19,876 |
| P/E | 9.7× (the lower figure, shaded) | 19.9× |
| P/B | 1.26× (the lower figure, shaded) | 1.99× |
| Dividend yield, trailing | 2.96% | 3.35% (the higher figure, shaded) |
| ROE | 13.6% (the higher figure, shaded) | 8.7% |
| ROCE | 9.1% | 16.3% (the higher figure, shaded) |
| Operating margin (OPM) | 11.6% (the higher figure, shaded) | 6.4% |
| Net margin (NPM) | 7.9% (the higher figure, shaded) | 5.6% |
| Sales CAGR 3Y | −0.9% | +4.6% (the higher figure, shaded) |
| Profit CAGR 3Y | +10.5% (the higher figure, shaded) | −1.9% |
| Debt to equity | 0.25× | 0.01× (the lower figure, shaded) |
| Interest cover | 11.1× | 290.8× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 12,626 | 1,001 |
| 1Y return | +2.4% (the higher figure, shaded) | −34.5% |
| Promoter holding | 51.85% | 45.00% |
GAIL (India) vs Indraprastha Gas: common questions
Which is bigger, GAIL (India) or Indraprastha Gas?
By market cap, GAIL (India) is bigger at ₹1.2L Cr, against ₹19,876 Cr for Indraprastha Gas (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹12,626 Cr for GAIL (India) and ₹1,001 Cr for Indraprastha Gas.
Which has a lower P/E ratio, GAIL (India) or Indraprastha Gas?
GAIL (India) trades at a P/E of 9.7× and Indraprastha Gas at 19.9×. GAIL (India) has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, GAIL (India) or Indraprastha Gas?
GAIL (India) reports a return on equity of 13.6% and Indraprastha Gas 8.7%. GAIL (India) has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, GAIL (India) or Indraprastha Gas?
Over the last three years: Sales grew −0.9% a year at GAIL (India) and +4.6% at Indraprastha Gas, so Indraprastha Gas grew sales faster; profit grew +10.5% a year at GAIL (India) and −1.9% at Indraprastha Gas, so GAIL (India) grew profit faster. Past growth doesn’t predict future growth.