IRM Energy Limited IRMENERGY NSEINFRA

Utilities · Utilities - Regulated Gas · India

https://www.irmenergy.com

IRM Energy Limited, a city gas distribution company, engages in the laying, building, operating, and expanding of city and local natural gas distribution networks in India. The company supplies piped natural gas (PNG) to industrial, commercial, and domestic customers; and compressed natural gas (CNG) to automotive customers through retail stations. It operates in Banaskantha, Fatehgarh Sahib, Diu and Gir Somnath, and Namakkal and Tiruchirappalli. As of March 31, 2025, it operated 5,671-inch square kilometers of MDPE and steel pipelines and 111 CNG stations; and served 214 PNG industrial customers, 412 PNG commercial customers, and 75,005 PNG domestic customers. The company was formerly known as IRM Energy Private Limited and changed its name to IRM Energy Limited in March 2022. IRM Energy Limited was incorporated in 2015 and is based in Ahmedabad, India.

Market & Price

Market Cap

₹1,087.05 Cr

Current Price

₹264.75

High / Low (52W)

₹376.75 / ₹176.06

Beta

2.59

Valuation

Stock P/E

20.41

Industry PE

25.70

Forward P/E

14.71

PEG Ratio

Book Value

₹236.50

Price to Book

1.12

P/S

1.02

EV/EBITDA

7.87

Dividend Yield

0.57%

Profitability & Returns

ROCE

8.41%

ROE

5.46%

ROA

3.30%

Profit Margin

4.99%

Op Margin

6.39%

EPS (Latest Qtr)

₹3.11

EPS (TTM)

₹12.97

Balance Sheet & Liquidity

Debt/Equity

0.07

Quick Ratio

1.66

Current Ratio

1.83

Debt

₹73.15 Cr

Total Assets

₹1,296.31 Cr

Current Assets

₹341.80 Cr

Working Capital

₹155.07 Cr

Ownership

Promoter Holding

74.73%

Chg in Prom Hold

-0.62%

FII / Inst Holding

3.58%

Chg in FII Hold

-1.01%

Financial Snapshot

Enterprise Value

₹882.89 Cr

Total Revenue (TTM)

₹1,066.66 Cr

EBITDA

₹112.24 Cr

Free Cash Flow

₹70.65 Cr

Operating Cash Flow

₹142.66 Cr

Shares Outstanding

₹4.11 Cr

Gross Margin

25.73%

Payout Ratio

11.57%

Growth (CAGR)

Revenue 5Y

2.89%

Profit 5Y

-5.55%

Revenue (YoY)

4.40%

Earnings (YoY)

190.60%

PROS

Generates positive free cash flow.

CONS

Earnings shrank at -5.5% CAGR over 5 years.
Trading 29.7% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Utilities).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	IRMENERGY IRM Energy Limited NSEINFRA	264.75	20.41	₹1,087.05 Cr	0.57%	8.41%	5.46%	2.89%	-5.55%
2	ADANIPOWER Adani Power Limited NSEINFRA	243.37	36.76	₹4.69 L Cr	-	15.47%	20.91%	12.57%	6.16%
3	NTPC NTPC Limited NIFTY50NSEINFRAPSU	386.90	12.71	₹3.75 L Cr	2.93%	9.27%	13.69%	2.49%	16.95%
4	POWERGRID Power Grid Corporation of India Limited NIFTY50NSEAIINFRAPSU	290.55	14.45	₹2.70 L Cr	4.22%	10.70%	16.49%	2.02%	1.09%
5	ADANIGREEN Adani Green Energy Limited NSEINFRA	1,475.40	153.85	₹2.43 L Cr	-	6.51%	7.58%	18.47%	19.26%
6	ADANIENSOL Adani Energy Solutions Limited NSEINFRA	1,513.30	81.32	₹1.82 L Cr	-	8.72%	9.66%	28.29%	22.02%
7	ENRIN Siemens Energy India Limited NSEINFRA	3,872.10	105.28	₹1.38 L Cr	0.10%	29.23%	-	63.51%	83.35%
8	TATAPOWER Tata Power Company Limited NSEAIINFRA	420.75	35.96	₹1.34 L Cr	0.59%	8.76%	11.34%	4.88%	3.95%
9	JSWENERGY JSW Energy Limited NIFTY_MIDNSEINFRA	595.05	46.74	₹1.09 L Cr	0.34%	7.51%	8.82%	24.01%	14.86%

Quarterly Results

Figures in INR.

Metric	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	267.86 Cr	262.50 Cr	259.44 Cr	265.05 Cr	279.67 Cr
Cost of Revenue	211.26 Cr	194.89 Cr	193.46 Cr	196.71 Cr	207.15 Cr
Gross Profit	56.60 Cr	67.61 Cr	65.98 Cr	68.34 Cr	72.52 Cr
Operating Expenses	49.18 Cr	52.56 Cr	49.69 Cr	49.72 Cr	54.64 Cr
Operating Income	7.43 Cr	15.04 Cr	16.29 Cr	18.62 Cr	17.88 Cr
EBITDA	26.28 Cr	34.10 Cr	32.23 Cr	35.95 Cr	35.41 Cr
Interest Expense	5.83 Cr	3.54 Cr	2.87 Cr	2.81 Cr	5.52 Cr
Pretax Income	10.55 Cr	19.75 Cr	18.95 Cr	22.13 Cr	17.72 Cr
Tax Provision	6.00 Cr	5.41 Cr	4.76 Cr	7.00 Cr	4.46 Cr
Net Income	4.39 Cr	13.92 Cr	12.56 Cr	13.98 Cr	12.76 Cr
Diluted EPS	1.07	3.39	3.06	3.40	3.11

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	979.37 Cr	889.71 Cr	975.48 Cr	1,066.66 Cr
Cost of Revenue	-	795.77 Cr	661.72 Cr	736.41 Cr	792.21 Cr
Gross Profit	-	183.60 Cr	228.00 Cr	239.07 Cr	274.44 Cr
Operating Expenses	-	92.22 Cr	105.62 Cr	177.57 Cr	206.61 Cr
Operating Income	-	91.38 Cr	122.38 Cr	61.50 Cr	67.83 Cr
EBITDA	-	113.26 Cr	166.01 Cr	130.72 Cr	137.70 Cr
Interest Expense	-	17.96 Cr	20.04 Cr	22.09 Cr	14.74 Cr
Pretax Income	-	74.40 Cr	119.50 Cr	73.81 Cr	78.55 Cr
Tax Provision	-	17.96 Cr	28.01 Cr	26.77 Cr	21.63 Cr
Net Income	-	63.15 Cr	85.67 Cr	45.20 Cr	53.21 Cr
Diluted EPS	-	1.54	20.86	11.01	12.96

Compounded Sales Growth

5 Years:	2.89%
1 Year:	4.40%

Compounded Profit Growth

5 Years:	-5.55%
1 Year:	190.60%

Stock Price Performance

1 Year:	-5.72%
6 Months:	-9.52%
3 Months:	+11.73%
1 Month:	-25.86%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	792.90 Cr	1,296.62 Cr	1,269.75 Cr	1,296.31 Cr
Current Assets	-	225.61 Cr	577.22 Cr	477.13 Cr	341.80 Cr
Cash & Equivalents	-	48.69 Cr	257.79 Cr	36.47 Cr	39.25 Cr
Inventory	-	1.93 Cr	4.29 Cr	4.59 Cr	3.74 Cr
Receivables	-	38.62 Cr	36.80 Cr	43.87 Cr	32.84 Cr
Total Liabilities	-	446.48 Cr	364.86 Cr	319.03 Cr	298.78 Cr
Current Liabilities	-	93.81 Cr	201.68 Cr	205.38 Cr	186.73 Cr
Long Term Debt	-	261.98 Cr	90.93 Cr	51.96 Cr	29.18 Cr
Total Debt	-	299.55 Cr	207.19 Cr	141.72 Cr	73.15 Cr
Total Equity	-	346.42 Cr	931.76 Cr	950.72 Cr	997.54 Cr
Shares Outstanding	-	4.11 Cr	4.11 Cr	4.11 Cr	4.11 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	46.66 Cr	120.31 Cr	93.72 Cr	142.66 Cr
Investing Cash Flow	-	-174.78 Cr	-291.15 Cr	-198.80 Cr	-43.73 Cr
Financing Cash Flow	-	117.66 Cr	379.95 Cr	-116.25 Cr	-96.15 Cr
Capital Expenditure	-	-162.51 Cr	-177.83 Cr	-129.70 Cr	-182.07 Cr
Free Cash Flow	-	-115.84 Cr	-57.52 Cr	-35.98 Cr	-39.41 Cr
Net Change in Cash	-	-10.46 Cr	209.10 Cr	-221.32 Cr	2.78 Cr

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	18.7%	25.6%	24.5%	25.7%
Operating Margin %	-	9.3%	13.8%	6.3%	6.4%
Net Margin %	-	6.4%	9.6%	4.6%	5.0%
ROE %	-	18.2%	9.2%	4.8%	5.3%
ROCE %	-	13.1%	11.2%	5.8%	6.1%

Shareholding Pattern

Insiders

74.73%

Institutions

3.58%

Public Float

14.19%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for IRMENERGY

No recent headlines available.

IRMENERGY · Utilities