Irm Energy Limited · NSE:IRMENERGY
Irm Energy — Q3 FY2026 Earnings Presentation
30 slides from Irm Energy's earnings presentation, Feb 4, 2026
Slide 1: Stock exchange filing cover letter
February 04, 2026 To, National Stock Exchange of India Limited BSE Limited "Exchange Plaza" Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (East) Dalal Street Mumbai - 400051 Mumbai - 400001 Scrip Symbol: IRMENERGY Scrip Code: 544004 Sub: Investor Presentation on Q3 FY26 ____________________
Slide 2: Investor Presentation Q3 & 9MFY26
INVESTOR PRESENTATION Q3 & 9MFY26 | 04 February 2026 BSE (Scrip Code)- 544004 | NSE (Symbol)- IRMENERGY | ISIN- INE07U701015
Slide 3: Contents
Expanding, Diversifying, And Contents Progressing Sustainably IRM at a Glance Q3 & 9MFY26 Operational & Financial Updates About IRM Energy Appendix
Slide 4: IRM – At a Glance
IRM – At a Glance
Slide 5: IRM Energy Snapshot
IRM Energy Snapshot Pipeline Network PNG Industrial GAs CNG Stations (MDPE & Steel) Connections 1. Banaskantha 6,354 Inch KM 127 221 2. Fatehgarh Sahib 3. Diu & Gir Somnath 3,047 KM Dispensing Points 4. Namakkal & Tiruchirappalli 466 PNG Commercial PNG Domestic Net Worth Credit Rating Connections Co
Slide 6: Q3 & 9MFY26 Operational & Financial Updates
Q3 & 9MFY26 Operational & Financial Updates
Slide 7: 9MFY26 - Operational Highlights
9MFY26 - Operational Highlights Total Volume (mmscm) CNG Volume (mmscm) 165.53 98.31 151.29* 81.53 9MFY25 9MFY26 9MFY25 9MFY26 PNG Industrial (mmscm) PNG Commercial (mmscm) PNG Domestic (mmscm) 7.13 64 1.62 62.36 5.69 1.33 62 60 58.47 58 56 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 CNG drives growth
Slide 8: Q3FY26 - Operational Highlights
Q3FY26 - Operational Highlights Total Volume (mmscm) CNG Volume (mmscm) 56.07 31.89 34.07 28.25 54.66 53.52* Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 PNG Industrial (mmscm) PNG Commercial (mmscm) PNG Domestic (mmscm) 2.53 22.19 0.60 2.43 0.58 0.48 19.74 18.89 2.22 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26
Slide 9: Q3 & 9MFY26 – Standalone Financial Highlights
Q3 & 9MFY26 – Standalone Financial Highlights 9MFY26 Revenue from Operations (Rs Cr) EBITDA (Rs Cr) & EBITDA % PAT (Rs Cr) & PAT % 787 44 82 43 708 79 11.2% 10.4% 6.0% 5.6% 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 Q3FY26 Revenue from Operations (Rs Cr) EBITDA (Rs Cr) & EBITDA % PAT (Rs Cr) & PAT %
Slide 10: Q3 & 9MFY26 – Consolidated Financial Highlights
Q3 & 9MFY26 – Consolidated Financial Highlights 9MFY26 Revenue from Operations EBITDA (Rs Cr) & EBITDA % PAT (Rs Cr) & PAT % (Rs Cr) 82 40 787 41 79 708 11.2% 10.4% 5.8% 5.1% 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 Q3FY26 Revenue from Operations EBITDA (Rs Cr) & EBITDA % PAT (Rs Cr) & PAT % (Rs Cr
Slide 11: Q3 & 9MFY26 - Standalone Profit & Loss
Q3 & 9MFY26 - Standalone Profit & Loss Particulars (₹ Crore) Q3FY26 Q3FY25 YoY (%) Q2FY26 QoQ (%) 9MFY26 9MFY25 YoY (%) Revenue from Operation 265.05 250.75 5.70% 259.44 2.16% 786.98 707.62 11.12% Total Income 295.02 280.21 5.28% 287.31 2.68% 876.04 792.84 10.49% EBITDA 29.69 22.20 33.74% 26.70 11.1
Slide 12: Q3 & 9MFY26 - Consolidated Profit & Loss
Q3 & 9MFY26 - Consolidated Profit & Loss Particulars (₹ Crore) Q3FY26 Q3FY25 YoY (%) Q2FY26 QoQ (%) 9MFY26 9MFY25 YoY (%) Revenue from Operation 265.05 250.75 5.70% 259.44 2.16% 786.98 707.62 11.22% Total Income 295.02 280.21 5.28% 287.31 2.68% 876.04 792.84 10.49% EBITDA 29.63 22.20 33.47% 26.70 10
Slide 13: Business Updates
Business Updates Business Performance Financial Performance (Standalone) • Volume Growth in NT GA is 129% and in DGS GA is 24%, YOY in 9MFY26 • Commissioned 2,773 domestic customers, 18 commercial customers, 4 • Net Revenue increase by 5.70% YOY in Q3FY26 industrial customers and 11 CNG Stations • C
Slide 14: About IRM Energy
About IRM Energy
Slide 15: CGD Infrastructure Overview
CGD Infrastructure Overview – One of the Fastest Growing CGD Company IRM ENERGY LIMITED (IRMEL) Granted Authorization By PNGRB For Four Geographical Areas (GAs), Encompassing Six Districts Banaskantha Fatehgarh Sahib Diu & Gir Somnath Namakkal & Tiruchirappalli CGD Infrastructure as on December 31,
Slide 16: CNG Stations Details (Cumulative Company Level)
CNG Stations Details (Cumulative Company Level) No. of CNG Stations CNG Stations Modality 52 127 111 37 82 62 23 46 53 34 6 8 1 DODO COCO Pure Play HPCL IOCL BPCL FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 MS Type of CNG Stations CNG Stations Operated by 104 59 37 11 23 11 1 8 Pure Play Mother Cum Online
Slide 17: PNG Segment Details (Cumulative Company Level)
PNG Segment Details (Cumulative Company Level) No. of Industrial Customers No. of Commercial Customers 5 Yr CAGR : 48% 5 Yr CAGR : 36% 214 221 463 186 195 412 340 248 59 96 125 179 30 90 FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 No. of Domestic Customers 5 Yr CAGR : 3
Slide 18: Geographical Area wise volume share
Key Business Metrics 47% 48% 39% 37% 8% 8% 6% 7% Banaskantha Fatehgarh Sahib Diu & Gir Somnath Namakkal & Trichy Geographical Area wise volume share – 9MFY26 Q3FY26 Volume Mix 61% 59% 41% 39% 9MFY26 Q3FY26 CNG PNG 17
Slide 19: Status of Minimum Work Programme
Status of Minimum Work Programme Target as on Actual as on December 2025 December 2025 BK – 1,800 FS – 650 BK – 3,047 FS – 1,487 Pipeline Infrastructure (Inch Km) DGS – 136 NT – 236 DGS – 103 NT – 223 BK – 00 FS – 00 BK – 56 FS – 14 CNG Stations (Nos) DGS – 22 NT – 33 DGS – 20 NT – 37 BK – 28,021 FS
Slide 20: CAPEX Spent Q3FY26
CAPEX Spent Q3FY26 (Rs. In Crore) Total Capex as on 31.12.2025 Rs. 942.43 Banaskantha Fatehgarh Sahib Diu & Gir Somnath Namakkal & Trichy Q3FY26 - Rs.13.79 Q3FY26 - Rs.4.65 Q3FY26 - Rs.2.46 Q3FY26 - Rs.14.61 Till date - Rs.400.29 Till date - Rs.188.25 Till date - Rs.139.22 Till date - Rs.214.67 19
Slide 21: Qualified and Professional Senior Management
Qualified and Professional Senior Management Mr. Manoj Kumar Sharma Mr. Abhinand Pandya Mr. Arun Kumar Saluru Chief Executive Officer Chief Strategy Officer Chief Financial Officer 35 years of experience in finance, Senior techno-commercial and strategy A seasoned finance professional with project f
Slide 22: Qualified and Professional Senior Management
Qualified and Professional Senior Management Mr. Prakash Singh Parihar Mr. Prakash Kumar Sinha Mr. Ashish Mittal Mr. Akshit Soni Vice President – Projects EVP - O&M (PNG & CNG) and General Manager - Commercial & Company Secretary & Compliance Technical Marketing Officer A senior leader with over 23
Slide 23: Investment Rationale
Investment Rationale Regulated Structural Volume-Led Asset-Light, Execution- Resilient and Key Risks CGD Business Demand Growth Growth with Cash- Focused and Defensive and with High from Energy Network Generating Disciplined Financial Mitigants Visibility Transition Expansion Model Management Profil
Slide 24: Appendix
Appendix
Slide 25: Standalone Financial Results
Standalone Financial Results (RS.- IN CR) FY24 FY25 9MFY26 Particulars Audited Audited Audited Revenue from Operations 956 1057 856 Other Income 24 34 20 Total Income 980 1,091 876 Cost of Goods Sold # 647 736 585 Excise Duty 66 81 69 Employee Benefits Expense 12 18 18 Other Expenses 83 125 102 EBIT
Slide 26: Consolidated Financial Results
Consolidated Financial Results (RS.- IN CR) FY24 FY25 9MFY26 Particulars Audited Audited Audited Revenue from Operations 956 1057 856 Other Income 24 34 20 Total Income 980 1,091 876 Cost of Goods Sold 647 736 585 Excise Duty 66 81 69 Employee Benefits Expense 12 18 18 Other Expenses 83 125 102 EBIT
Slide 27: IPO Fund Utilization as on December 31, 2025
IPO Fund Utilization as on December 31, 2025 (RS.- IN CRORE) Net Amount Received Amount % Amount Pending to be Utilized Objects of Issue (A) Utilised (B) Utilised (C) (D = A - B) Funding capital expenditure requirements for development of the City Gas Distribution network in the Geographical Areas o
Slide 28: Shareholding Pattern
Shareholding Pattern SHAREHOLDING PATTERN- DECEMBER 2025 (IN %) NSE Ticker IRMENERGY Dec 2025 BSE Ticker 544004 IPO Listing Date 26 Oct 2023 Share Price (₹)^ 284.95 Market Cap (₹ Mn)^ 11,699.95 % Free Float^ 49.93% Free float market cap (₹ Mn)^ 5,841.79 Shares outstanding^ 4.10,59,677 3M ADTV (Share
Slide 29: Safe Harbour
Safe Harbour Statements in this presentation may contain forward-looking information concerning IRM Energy Limited (“IRM Energy” or “Company”)’s strategy, operations, financial performance or condition, outlook, growth opportunities or circumstances in the sectors or markets in which the Company ope
Slide 30: Contact Us
Contact Us IRM Energy Limited (ISIN: INE07U701015; NSE: IRMENERGY; BSE: 544004) Registered & Corporate Office: Block 8, Magnet Corporate Park, 4th Floor, S.G. Highway, Near Sola Bridge, Ahmedabad, Gujarat, 380054 Arun Kumar Saluru Chief Financial Officer E: investor.relations@irmenergy.com Arpit Mun