Adani Total Gas Ltd. · NSE:ATGL
Adani Total Gas — H1 FY2027 Earnings Presentation
44 slides from Adani Total Gas's earnings presentation, Oct 22, 2026
Slide 1: Exchange submission cover letter
October 22, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 542066 Scrip Code: ATGL Sub: Submission of Media Release and Investors’ Presentation on Unaudited Financial Res
Slide 2: Adani Total Gas Q2 & H1FY27 Results Media Release
Media Release Adani Total Gas Q2 & H1FY27 Results ATGL Concludes Q2 & H1FY27 with Strong Volume, Revenue & EBITDA Growth Q2FY27 & H1FY27 volume increased 12% & 13% YoY Q2FY27 & H1FY27 EBITDA increased 12% & 3% YoY EDITOR’S SYNOPSIS Operational Highlights – Q2FY27 (Standalone): ➢ Combined CNG and PNG
Slide 3: Standalone Operational and Infrastructural Highlights
flexible market purchases along with calibrated price mechanism helped manage cost pressures, maintained supply reliability, and sustained customer demand. We remain focused on discipline capital allocation, volume growth, operational excellence combined with digital enablement across CNG, PNG, e-mo
Slide 4: Standalone Financial Highlights
➢ PNG volume grew by 3% YoY in Q2FY27 and 4% YoY in H1FY27, supported by domestic and commercial demand. ➢ Overall volume increased by 12% YoY in Q2FY27 and 13% YoY in H1FY27. Standalone Financial Highlights: Financial Performance Particulars UoM Q2FY27 Q2FY26 % Change YoY H1FY27 H1FY26 % Change YoY
Slide 5: Key ESG Highlights and About Adani Total Gas
➢ Organic manure recorded sales of 6,865+ tonnes in H1FY27, including 1,757+ tonnes under the Harit Amrit brand. ➢ Harit Amrit continued its regional expansion with brand-awareness sessions for farmers. Key ESG Highlights ➢ NSE Sustainability score increased to 75 and Stakeholders Empowerment Servic
Slide 6: Adani Total Gas Limited H1 & Q2 FY2027
Adani Total Gas Limited CGD | e-Mobility | Biomass H1 & Q2 FY2027 Earnings Presentation
Slide 7: Table of Contents
TABLE OF CONTENTS INDEX SLIDE ATGL at a glance.. 01 Infra numbers including IOAGPL, EV and Biomass ATGL Promoter’s overview 02 Overview of both promoters Adani & Total Energies 03 Executive summary ATGL footprint & Q2 & H1FY27 Financial and Operational Nos Operational & Financial Updates 04 Year on
Slide 8: ATGL at a glance
ATGL at a glance….. City Gas Distribution 53 ~29,156 1185 1.44 mn+ Geographies Inch-KM CNG Stations PNG Connections 125 district Steel Pipeline (Across 53 GAs) (Domestic + I&C) 14% population covered Includes infrastructure numbers of JV IOAGPL. New Age Energy Solutions E-Mobility Biogas 5,513 ~63MW
Slide 9: ATGL: Promoter's Overview
ATGL: Promoter’s Overview 4 ADANI TOTAL GAS LIMITED
Slide 10: About Adani Group
adani Gas Y Ola wa Adani Group
Slide 11: Adani Portfolio: A World Class Infrastructure & Utility Portfolio
Adani Portfolio: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Other Incubator Materials, Metal Energy & Utility Transport & Logistics Specialty & Mining (71.97%) (62.43%) (74.96%) (66.03%) (67.29%)2 AEL AGEL APL APSEZ Ports & Logi
Slide 12: Adani Portfolio: Best-in class growth with national footprint
Adani Portfolio: Best-in class growth with national footprint All figures in INR cr Predictable, high and rising free cash flow National footprint with deep coverage EBITDA Tax paid 94,834 Finance cost paid CAT (FFO) 67,995 (72%) EBITDA 24,870 AEL 12,784 APSEZ (51%) 22,259 Adani’s Core Infra. AGEL (
Slide 13: Adani Portfolio: Repeatable, robust & proven model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT1 OPERATIONS CONSUMERS 2 New C.E.O. Adani Infra (India) Limited | Cemindia Projects Ltd. | PSP Projects Ltd. Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Constructi
Slide 14: About Total Group
adani Gas About Total Group
Slide 15: A Global Integrated Energy Company
A Global Integrated Energy Company A global, Integrated energy company that produces and markets energy; oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity 10 ADANI TOTAL GAS LIMITED
Slide 16: TotalEnergies at a Glance
TotalEnergies AT A GLANCE 11 ADANI TOTAL GAS LIMITED
Slide 17: ATGL – Executive Summary
ATGL – Executive Summary 12 12 ADANI TOTAL GAS LIMITED
Slide 18: ATGL: Diversified Energy Platform
ATGL : Diversified Energy Platform Business Structure ATGL Presence CGD 53 125 37.4% Adani Total 37.4% GAs Districts Covered Gas 34 14% 15% Population Area covered LNG for Core CGD Trucking Business & Mining 100% CGD Business (34 Licences) New Sustainable JV & Investments Bio Businesses Phase-1 of B
Slide 19: ATGL: Operational and Financial Highlights
ATGL : Operational and Financial Highlights Key Financial Metrics 2102 Cr 340 Cr 235 Cr 167 Cr 254 Cr Q2 Total Revenue EBITDA PBT PAT Cash Profit FY27 34% YoY 12% YoY 8% YoY 3% YoY 8% YoY 3999 Cr 621 Cr 414 Cr 300 Cr 458 Cr H1 Total Revenue EBITDA PBT PAT Cash Profit FY27 31% YoY 3% YoY -5% YoY -7%
Slide 20: ATGL – Operational and Financial Performance – H1&Q2FY27
ATGL – Operational and Financial Performance – H1&Q2FY27 15 15 ADANI TOTAL GAS LIMITED
Slide 21: ATGL: Infrastructure Growth
ATGL: Infrastructure Growth CNG Stations Steel IK PNG Domestic PNG I&C Nos in lakhs CODO Stations - 37 DODO Stations - 109 COLO Stations - 577 723 16,305 10,864 705 15,572 11.81 9,974 647 10.99 13,772 9,299 547 9.6 8,331 12,023 10,888 7,435 460 8.2 7.0 FY23 FY24 FY25 FY26 H1FY27 FY23 FY24 FY25 FY26
Slide 22: ATGL's Volume landscape & Diversified Gas Sourcing
ATGL’s Volume landscape & Diversified Gas Sourcing Volume (MMSCM) Gas Sourcing Mix CNG PNG Portfolio Split 17% 223 3% 92 75% - Other Sources 191 89 APM 25% • HPHT • NWG • Long term & Short- term contracts Other • RLNG Source 75% Q2FY26 Q2FY27 Q2FY26 Q2FY27 CNG Volume has increased by 17% Domestic &
Slide 23: Financial Performance and Key Drivers – Q2FY27
ATGL – Financial Performance and Key Drivers – Q2FY27 Revenue EBITDA Y-o-Y Comparison 2102 340 Total Revenue rose by 34%, led by strong, double- 34% 302 12% digit volume growth in CNG 1569 Cost of Goods Sold increased by 43%, primarily driven by, higher Brent-linked prices, withdrawn of pool mec
Slide 24: ATGL - Volume & Financials – H1FY27
ATGL - Volume & Financials – H1FY27 All Fig in INR Crs Volume in MMSCM Total Revenue EBITDA CNG 441 3999 3% 376 31% 603 621 17% 3060 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 CNG Volume has increased by 17% Y-o-Y with network expansion of CNG stations PBT PAT PNG -7% 177 436 -5% 171 414 324 4% 300 H
Slide 25: Sustainable Business Update
5513 7.5 MTD Installed CBG Peak production Charging Points achieved Sustainable Business Update 20 20 ADANI TOTAL GAS LIMITED
Slide 26: ATGL: Sustainable Business Update
ATGL : Sustainable Business Update E-Mobility Biomass Installed CPs Installed Capacity (MW) 5306 5513 Energized CPs 63 • A total of 460 MT of CBG was sold in H1FY27. 4209 4809 58 • FOM recorded sales of 4650+ tons in H1FY27 out of which 42 1770+ tonnes sold through brand Harit Amrit Across 26 states
Slide 27: ESG Framework & Sustainability Update – H1 & Q2FY27
ESG Framework & Sustainability Update – H1 &Q2FY27 22 22 ADANI TOTAL GAS LIMITED
Slide 28: ATGL's Sustainability Initiatives – Environment, Social & Governance
ATGL’s Sustainability Initiatives – Environment, Social & Governance Target for Achievement till H1 FY’27 Initiatives FY2026-27 Sustain 100% decarbonization • Total 655+ HCV fleets running on low carbon Decarbonization of fleets fuel. of fleet • Cumulative capacity increased to 1 MW till 10 MW Open
Slide 29: ATGL: ESG Updates
ATGL: ESG Updates Mass Plantation Projects ESG & BRSR of Annual Report ESG Rating updates On-going Project at Pusad, Maharashtra • NSE Sustainability score of ATGL stands at 75 out of 100. • SES score of ATGL increased to 75 from 73 earlier. • ATGL is placed best performing companies within its peer
Slide 30: Rationale for Investment
Rationale for Investment 25 25 ADANI TOTAL GAS LIMITED
Slide 31: ATGL: Well positioned for Sustainable, Industry-leading growth
ATGL: Well positioned for Sustainable, Industry-leading growth Pan India presence Strong Promoters Infrastructure Growth 53 Geographical Areas Adani & Total Energies2 (37.4% each) Commissioned 34 GAs GAs spread pan India across 125 Provides significant synergies in both 20+ years of experience Devel
Slide 32: ATGL: Resilient Growth with Financial Prudence
ATGL : Resilient Growth with Financial Prudence All Fig in INR Crs except ratios Total Assets 9444 Gross Debt to Net Fixed EBITDA 1225 Assets INR 6,958 Crs of Assets Addition 11% 639 2486 0.36 0.24 FY20 FY26 FY20 FY26 FY20 FY26 PAT 637 Gross Debt Net Debt to EBITDA 2168 1.11 436 INR 1,813 Crs of 7%
Slide 33: ATGL's Credit Excellence Backed by Strong ESG Ratings
ATGL’s Credit Excellence Backed by Strong ESG Ratings ATGL Credit Rating ATGL ESG Rating S&P DJSI Score ATGL is rated AA+ (stable) outlook from all three top rating S&P Dow Jones Sustainability Index score rating of ATGL agencies ICRA, CRISIL and CARE Ratings increased to 72 from 62 earlier, ranke
Slide 34: Five Pillars of Transformational Journey of ATGL
Five Pillars of Transformational Journey of ATGL Fulfilling our objective of future • Focus on delivering proofing Customer Delight Gainful Customer • Adani Mitra Kiosk at • E- Mobility Diversification Centricity • Biomass multiple locations for • LNG for Trucking & Mining consumer queries Focus on
Slide 35: ATGL: Digitization and Customer Delight
ATGL: Digitization and Customer Delight 30 30 ADANI TOTAL GAS LIMITED
Slide 36: SOUL – Single Digital Business Platform
SOUL – Single Digital Business Platform Status as of today.. •Digital Twin with entire pipeline visibility • All CGS stations connected •Live integration to SCADA, Logistic SAP. • All LCNG Plant •SMS to customers based on outages • Biogas Plant 100% marked on ATGL World(GIS). 100% • ~99% CNG station
Slide 37: ATGL: Driving Customer Delight through Digitization
ATGL: Driving Customer Delight through Digitization Adani Gas Mitra (Self help KIOSK – 3k+ customers attended) Launch of CNG Customer Mobile AI App Based BOM* 99%+ 1.7 Mn+ Digital Payments Self billed Invoices Through BBPS (G-pay, Amazon pay etc.), App & Website Delivered via WhatsApp Additional 6 A
Slide 38: Annexure
adani Gas Annexure
Slide 39: Infrastructure Update - incl. JV IOAGPL: Q2 FY2027
Infrastructure Update - incl. JV – IOAGPL : Q2 FY2027 CNG Stations Steel Network in Inch-Km 18 New CNG 481 Steel IK 1167 1185 stations added network were in Q2FY27 28,675 29,156 added in Q2FY27 30-Jun-26 30-Sep-26 30-Jun-26 30-Sep-26 PNG Connections No of Households (Lakhs) No of Industrial Connecti
Slide 40: Income Statement Summary – Standalone (INR Cr)
ATGL Key Financials : Income Statement Summary – Standalone (INR Cr) Quarter Ended Half Year Ended Year ended Particulars 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 Revenue from Operations 2102 1897 1569 3999 3060 6378 Cost of goods sold 1599 1454 1120 3053 2169 4533 Operating & oth
Slide 41: Income Statement Summary – Consolidated (INR Cr)
ATGL Key Financials : Income Statement Summary – Consolidated (INR Cr) Quarter Ended Half Year Ended Year Ended Particulars 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 Revenue from Operations 2110 1907 1576 4016 3075 6409 Cost of goods sold 1600 1457 1122 3057 2173 4541 Operating & o
Slide 42: ATGL: List of Location
ATGL : List of Location ATGL IOAGPL S.No. GAsArea Geographical State S.No. GAsArea Geographical State 1 Ahmedabad City and Daskroi Area Gujarat Panchkula (EAAA), Sirmaur Districts, Shimla & Solan (EAAA) 1 Haryana 2 Vadodara (part) Gujarat District 3 Surendranagar (EAAA) Gujarat 2 Chandigarh Chandiga
Slide 43: Legal Disclaimer
Legal Disclaimer Certain statements made in this presentation may not be based on historical ATGL assumes no responsibility to publicly amend, modify or revise any forward- information or facts and may be “forward-looking statements,” including those relating to looking statements, on the basis of a
Slide 44: Thank You
adani Gas Thank You