ADANI TOTAL GAS LIMITED

Adani Total Gas Limited (ATGL) held its Q1 FY27 earnings conference call on July 22, 2026, where management discussed the company's performance for the quarter ended June 30, 2026. CEO Sanjay Pandita highlighted that geopolitical issues in West Asia impacted gas prices, but government interventions ensured uninterrupted supply. ATGL reported a 13% year-on-year increase in gas sales volume, reaching 303 MMSCM, with significant growth in both the CNG and PNG segments. The company expanded its steel pipeline network and added 38,000 new household connections, bringing the total to 1.14 million. Revenue grew by 27% year-on-year to INR 1,908 crores, while EBITDA was INR 281 crores. Management acknowledged margin compression due to gas sourcing costs and indicated efforts to stabilize margins. The company also emphasized its commitment to sustainability, achieving high ESG ratings. The call concluded with an invitation for further questions from investors and analysts.

Management provided a balanced overview of operational performance and challenges.