Irm Energy Limited · NSE:IRMENERGY
Irm Energy — Q4 FY2026 Earnings Presentation
36 slides from Irm Energy's earnings presentation, May 8, 2026
Slide 1: Intimation letter to stock exchanges
May 08, 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 for the quarter and year ended March
Slide 2: Investor Presentation Q4FY26 & FY26
INVESTOR PRESENTATION Q4FY26 & FY26 | 08 May 2026 BSE (Scrip Code)- 544004 | NSE (Symbol)- IRMENERGY | ISIN- INE07U701015
Slide 3: Contents
Expanding, Diversifying, And Contents Progressing Sustainably IRM at a Glance Q4FY26 & FY26 Operational & Financial Updates About IRM Energy Appendix
Slide 4: IRM – At a Glance
IRM – At a Glance
Slide 5: India's fast-growing CGD company with presence across 4 GAs
India’s fast-growing City Gas Distribution (CGD) company with authorised presence across 4 GAs Pipeline Network PNG Industrial GAs CNG Stations (MDPE & Steel) Connections 1. Banaskantha 6,695 Inch KM 150 223 2. Fatehgarh Sahib 3. Diu & Gir Somnath 3,172 KM Dispensing Points 4. Namakkal & Tiruchirapp
Slide 6: Q4FY26 & FY26 Operational & Financial Updates
Q4FY26 & FY26 Operational & Financial Updates
Slide 7: FY26: CNG drives growth, 21% YoY volume growth vs 9% overall
FY26: CNG drives growth, 21% YoY volume growth vs 9% overall Total Volume (mmscm) CNG Volume (mmscm) 133.53 223.67 208.39* 110.36 FY25 FY26 FY25 FY26 PNG Industrial (mmscm) PNG Commercial (mmscm) PNG Domestic (mmscm) 2.27 85.07 1.82 9.75 8.09 78.13 FY25 FY26 FY25 FY26 FY25 FY26 Trichy & Namakkal GA
Slide 8: Q4FY26: CNG drives growth, 22% YoY volume growth vs 7% overall
Q4FY26: CNG drives growth, 22% YoY volume growth vs 7% overall Total Volume (mmscm) CNG Volume (mmscm) 34.07 35.22 ** 58.14 28.84 57.10* 56.07 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 PNG Industrial (mmscm) PNG Commercial (mmscm) PNG Domestic (mmscm) 22.71 2.63 19.65 0.58 0.65 18.88 2.54 0.49 2.40
Slide 9: Q4FY26 & FY26 – Standalone Financial Highlights
Q4FY26 & FY26 – Standalone Financial Highlights FY26 Revenue from Operations (Rs Cr) EBITDA* (Rs Cr) & EBITDA % PAT (Rs Cr) & PAT % 112 57 1,067 975 96 47 9.9% 10.5% 4.8% 5.3% FY25 FY26 FY25 FY26 FY25 FY26 Q4FY26 Revenue from Operations (Rs Cr) EBITDA* (Rs Cr) & EBITDA % PAT (Rs Cr) & PAT % 280 30 3
Slide 10: Q4FY26 & FY26 – Consolidated Financial Highlights
Q4FY26 & FY26 – Consolidated Financial Highlights FY26 Revenue from Operations EBITDA* (Rs Cr) & EBITDA % PAT**(Rs Cr) & PAT % (Rs Cr) 53 112 1,067 45 96 975 9.9% 10.5% 4.6% 5.0% FY25 FY26 FY25 FY26 FY25 FY26 Q4FY26 Revenue from Operations EBITDA* (Rs Cr) & EBITDA % PAT** (Rs Cr) & PAT Margin (Rs Cr
Slide 11: Q4FY26 & FY26 - Standalone Profit & Loss
Q4FY26 & FY26 - Standalone Profit & Loss Particulars (₹ Crore) Q4FY26 Q4FY25 YoY (%) Q3FY26 QoQ (%) FY26 FY25 YoY (%) Revenue from Operation 279.67 267.86 4.41% 265.05 5.52% 1,066.66 975.48 9.35% Total Income 309.37 297.93 3.84% 295.02 4.87% 1,185.41 1,090.76 8.68% EBITDA (Excluding Other Income) 30
Slide 12: Q4FY26 & FY26 - Consolidated Profit & Loss
Q4FY26 & FY26 - Consolidated Profit & Loss Particulars (₹ Crore) Q4FY26 Q4FY25 YoY (%) Q3FY26 QoQ (%) FY26 FY25 YoY (%) Revenue from Operation 279.67 267.86 4.41% 265.05 5.52% 1,066.66 975.48 9.35% Total Income 309.37 297.92 3.84% 295.02 4.86% 1,185.41 1,090.76 8.68% EBITDA 30.05 17.33 73.39% 29.63
Slide 13: Debt-free Balance Sheet underscoring Strong Financial Stability
Debt-free Balance Sheet underscoring Strong Financial Stability FY24 FY25 FY26 Total Debt* (₹ crore) 228.30 139.57 72.15 Networth (₹ crore) 931.76 950.72 997.53 Debt-Equity (x)* 0.25 0.15 0.07 Particulars (₹ Crore) FY24 FY25 FY26 (A) Total Debt (Incl. Long 228.30 139.57 72.15 Term Lease) (B) Cash an
Slide 14: IRM Energy Business & Financial Updates
IRM Energy Business & Financial Updates Business Performance – FY26 Financial Performance (Consolidated) Q4FY26 • Net Revenue increase by 4.4% YoY in Q4FY26 to ₹ 279.7 Cr • Volume Growth in NT GA is 116.8%, DGS GA is 25.3% and in BK GA is 16.1% registering a growth of 6% QoQ. YoY. • Operating EBITDA
Slide 15: CAPEX Spent Q4FY26 and FY26
CAPEX Spent Q4FY26 and FY26 Total Capex Q4FY26 Rs. 81.3 Cr | FY26 Rs.184.3 Cr Total Capex as on 31.03.2026 Rs. 1,023.7 Cr (Rs. In Crore) Banaskantha Fatehgarh Sahib Diu & Gir Somnath Namakkal & Trichy Q4FY26 - Rs.31.3 Q4FY26 - Rs.7.0 Q4FY26 - Rs.5.6 Q4FY26 - Rs.37.3 Till date - Rs.420.5 Till date -
Slide 16: About IRM Energy
About IRM Energy
Slide 17: CGD Infrastructure Overview – One of the Fastest Growing CGD Company
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 March 31, 202
Slide 18: IRM Gas Sourcing Mix
IRM Gas Sourcing Mix CNG & DOMESTIC PNG LONG-TERM LNG INDUSTRIAL & COMMERCIAL PNG CONTRACTS LONG TERM RLNG SPOT RLNG CONTRACTS SOURCES APM NWG HPHT •GAIL •GSPC Spot/IGX HPCL IOCL As per GAIL •IOCL •SHELL SUPPLIERS requirement •HPCL For CNG & Domestic PNG For Industrial & Commercial PNG Allocation •
Slide 19: CNG Stations Details (Cumulative Company Level)
CNG Stations Details (Cumulative Company Level) No. of CNG Stations CNG Stations Modality 67 150 111 35 32 82 62 10 46 53 34 5 1 HPCL BPCL IOCL COCO Pure Play DODO FY20 FY21 FY22 FY23 FY24 FY25 FY26 MS Type of CNG Stations CNG Stations Operated by 124 73 32 35 12 13 1 10 Pure Play Mother Cum Online
Slide 20: PNG Segment Details (Cumulative Company Level)
PNG Segment Details (Cumulative Company Level) No. of Industrial Customers No. of Commercial Customers 6 Yr CAGR : 40% 6 Yr CAGR : 33% 496 214 223 412 186 195 340 248 59 96 125 179 30 90 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY20 FY21 FY22 FY23 FY24 FY25 FY26 No. of Domestic Customers 6 Yr CAGR : 29% 7
Slide 21: Geographical Area wise volume share – Composition of CNG vs PNG
Composition of CNG vs PNG 47% 48% 39% 37% 8% 8% 6% 7% Banaskantha Fatehgarh Sahib Diu & Gir Somnath Namakkal & Trichy Volume Mix Geographical 60% 61% Area wise 40% 39% volume share – FY26 Q4FY26 FY26 Q4FY26 CNG PNG 20
Slide 22: Status of Minimum Work Programme
Status of Minimum Work Programme Target as on Actual as on March 2026 March 2026 BK – 1,800 FS – 650 BK – 3,200 FS – 1,568 Pipeline Infrastructure (Inch Km) DGS – 141 NT – 290 DGS – 103 NT – 242 BK – 00 FS – 00 BK – 65 FS – 16 CNG Stations (Nos) DGS – 24 NT – 44 DGS – 21 NT – 48 BK – 28,021 FS – 5,9
Slide 23: Promoter Directors and Executive Director
Promoter Directors and Executive Director Dr. Rajiv I. Modi Mr. Rajiv R. Modi Mr. Amitabha Banerjee Chairman and Non-Executive Director Non-Executive Director Executive Director Dr. Rajiv I. Modi is the Promoter Dynamic business leader with Accomplished business leader with over director of the comp
Slide 24: Qualified and Professional Senior Management
Qualified and Professional Senior Management Mr. Manoj Kumar Sharma Mr. Abhinand Pandya Mr. Arunkumar 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 fi
Slide 25: 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 – EVP - O&M (PNG & CNG) and General Manager - Commercial & Company Secretary & Compliance Projects Technical Marketing Officer A senior leader with over 23
Slide 26: 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 27: Appendix
Appendix
Slide 28: Standalone Financial Results
Standalone Financial Results (RS.- IN CR) FY25 FY26 Particulars Audited Audited Revenue from Operations 975 1,067 Other Income 34 25 Total Income 1,091 1,185 Cost of Goods Sold # 736 792 Excise Duty 81 93 Employee Benefits Expense 18 25 Other Expenses 125 137 EBITDA (Excluding Other Income) 96 112 D
Slide 29: Consolidated Financial Results
Consolidated Financial Results (RS.- IN CR) FY25 FY26 Particulars Audited Audited Revenue from Operations 975 1,067 Other Income 34 25 Total Income 1,091 1,185 Cost of Goods Sold 736 792 Excise Duty 81 93 Employee Benefits Expense 18 25 Other Expenses 125 137 EBITDA (Excluding Other Income) 96 112 D
Slide 30: Standalone Balance Sheet
Standalone Balance Sheet Assets FY26 FY25 Equity and Liabilities FY26 FY25 Property, plant and equipment 761 630 Equity Capital work-in-progress 99 88 Equity share capital 41 41 Intangibles assets 5 4 Other equity 947 897 Right of Use Assets 22 16 Total equity 988 938 Intangibles under Development F
Slide 31: Standalone Statement of Cash Flows
Standalone Statement of Cash Flows (RS.- IN CR) FY25 FY26 Particulars Audited Audited Cash generated from operation 1,060 1,561 Net cash from operating activities 937 1,427 Net cash from (used in) investing activities -1,988 -437 Net cash from (used in)financing activities -1,162 -962 Net increase /
Slide 32: IPO Fund Utilization as on March 31, 2026
IPO Fund Utilization as on March 31, 2026 (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 of 3
Slide 33: Shareholding Pattern
Shareholding Pattern SHAREHOLDING PATTERN- March 2026 (IN %) NSE Ticker IRMENERGY March 2026 BSE Ticker 544004 IPO Listing Date 26 Oct 2023 Share Price (₹)^ 180.39 Market Cap (₹ Mn)^ 7,406.76 % Free Float^ 49.93% Free float market cap (₹ Mn)^ 3,698.19 Shares outstanding^ 4.10,59,677 3M ADTV (Shares)
Slide 34: 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 35: Post Result Earnings Conference Call Details
Post Result Earnings Conference Call Details Q4FY26 & FY26 Earnings Conference Call D A TE & TIM E PR IM A R Y D IA L - IN N UM B E R Saturday, May 09, 2026 086 3416 8616 15:00 hrs · IST 086 4536 6731 PR E - R EGISTRA TION Register in advance to join the call instantly without waiting for an operato
Slide 36: 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 Email: investor.relations@irmenergy.com Arpit