About
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. It supplies piped natural gas to domestic, commercial, and industrial customers; and compressed natural gas to automobile customers through retail stations. The company was incorporated in 2015 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap1,152 Cr
P/E15.80
Div Yield0.53 %
Book Value₹243.00
52w High₹394.00
52w Low₹165.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 326.00 | 280.00 | 265.00 | 259.00 | 262.00 | 268.00 | 251.00 | 232.00 | 225.00 | 214.00 | 226.00 | 220.00 | 230.00 |
| Expenses | 264.00 | 250.00 | 235.00 | 233.00 | 237.00 | 251.00 | 229.00 | 205.00 | 195.00 | 192.00 | 184.00 | 178.00 | 188.00 |
| Operating Profit | 62.00 | 30.00 | 30.00 | 27.00 | 26.00 | 17.00 | 22.00 | 26.00 | 30.00 | 23.00 | 42.00 | 42.00 | 42.00 |
| OPM % | 19.00 | 11.00 | 11.00 | 10.00 | 10.00 | 6.00 | 9.00 | 11.00 | 13.00 | 11.00 | 19.00 | 19.00 | 18.00 |
| Other Income | 5.00 | 5.00 | 6.00 | 6.00 | 8.00 | 9.00 | 7.00 | 9.00 | 9.00 | 10.00 | 7.00 | 4.00 | 3.00 |
| Depreciation | 16.00 | 12.00 | 11.00 | 10.00 | 11.00 | 10.00 | 8.00 | 9.00 | 8.00 | 7.00 | 7.00 | 6.00 | 6.00 |
| Interest | 3.00 | 6.00 | 3.00 | 3.00 | 4.00 | 6.00 | 5.00 | 6.00 | 5.00 | 9.00 | 7.00 | 5.00 | 6.00 |
| Profit before tax | 47.00 | 18.00 | 22.00 | 19.00 | 20.00 | 11.00 | 16.00 | 21.00 | 26.00 | 16.00 | 35.00 | 34.00 | 34.00 |
| Tax % | 28.00 | 25.00 | 32.00 | 25.00 | 27.00 | 57.00 | 32.00 | 38.00 | 29.00 | 32.00 | 31.00 | 18.00 | 17.00 |
| Net Profit | 34.00 | 13.00 | 15.00 | 14.00 | 14.00 | 5.00 | 11.00 | 13.00 | 19.00 | 11.00 | 24.00 | 28.00 | 28.00 |
| EPS in Rs | 8.36 | 3.22 | 3.70 | 3.46 | 3.48 | 1.11 | 2.63 | 3.15 | 4.57 | 2.73 | 5.93 | 9.29 | 9.20 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,067.00 | 975.00 | 891.00 | 980.00 | 507.00 | 212.00 | 166.00 | 74.00 | 13.00 |
| Expenses | 954.00 | 877.00 | 742.00 | 868.00 | 321.00 | 139.00 | 116.00 | 53.00 | 11.00 |
| Operating Profit | 112.00 | 98.00 | 149.00 | 112.00 | 186.00 | 73.00 | 50.00 | 21.00 | 3.00 |
| OPM % | 11.00 | 10.00 | 17.00 | 11.00 | 37.00 | 35.00 | 30.00 | 29.00 | 20.00 |
| Other Income | 25.00 | 32.00 | 24.00 | 6.00 | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Interest | 15.00 | 22.00 | 27.00 | 23.00 | 22.00 | 16.00 | 10.00 | 6.00 | 1.00 |
| Depreciation | 44.00 | 35.00 | 26.00 | 21.00 | 15.00 | 12.00 | 9.00 | 4.00 | 1.00 |
| Profit before tax | 79.00 | 74.00 | 120.00 | 74.00 | 152.00 | 46.00 | 31.00 | 13.00 | 1.00 |
| Tax % | 28.00 | 36.00 | 23.00 | 24.00 | 25.00 | 24.00 | 33.00 | 10.00 | 36.00 |
| Net Profit | 57.00 | 47.00 | 92.00 | 56.00 | 114.00 | 35.00 | 21.00 | 11.00 | 1.00 |
| EPS in Rs | 13.86 | 11.46 | 22.28 | 18.67 | 38.67 | 12.11 | 7.78 | 5.27 | 0.54 |
| Dividend Payout % | 11.00 | 13.00 | 7.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41.00 | 41.00 | 41.00 | 30.00 | 29.00 | 29.00 | 27.00 | 22.00 | 16.00 |
| Reserves | 947.00 | 886.00 | 855.00 | 274.00 | 179.00 | 89.00 | 48.00 | 12.00 | 0.00 |
| Borrowings | 73.00 | 152.00 | 251.00 | 341.00 | 235.00 | 163.00 | 145.00 | 119.00 | 47.00 |
| Other Liabilities | 226.00 | 177.00 | 135.00 | 127.00 | 97.00 | 57.00 | 50.00 | 29.00 | 16.00 |
| Total Liabilities | 1,287.00 | 1,257.00 | 1,282.00 | 772.00 | 541.00 | 338.00 | 269.00 | 180.00 | 80.00 |
| Fixed Assets | 788.00 | 649.00 | 557.00 | 381.00 | 300.00 | 241.00 | 198.00 | 136.00 | 38.00 |
| CWIP | 99.00 | 88.00 | 87.00 | 91.00 | 52.00 | 20.00 | 29.00 | 16.00 | 29.00 |
| Investments | 38.00 | 50.00 | 27.00 | 66.00 | 22.00 | 8.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 362.00 | 469.00 | 611.00 | 234.00 | 166.00 | 70.00 | 42.00 | 28.00 | 13.00 |
| Total Assets | 1,287.00 | 1,257.00 | 1,282.00 | 772.00 | 541.00 | 338.00 | 269.00 | 180.00 | 80.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 143.00 | 94.00 | 120.00 | 47.00 | 129.00 | 50.00 | 44.00 | 31.00 |
| Cash from Investing Activity | -44.00 | -199.00 | -291.00 | -175.00 | -110.00 | -53.00 | -76.00 | -86.00 |
| Cash from Financing Activity | -96.00 | -116.00 | 380.00 | 118.00 | 15.00 | 10.00 | 35.00 | 64.00 |
| Net Cash Flow | 3.00 | -221.00 | 209.00 | -10.00 | 33.00 | 7.00 | 4.00 | 9.00 |
| Free Cash Flow | -39.00 | -36.00 | -58.00 | -116.00 | 38.00 | 3.00 | -31.00 | 31.00 |
| CFO/OP % | 139.00 | 108.00 | 89.00 | 67.00 | 81.00 | 81.00 | 101.00 | 149.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11.00 | 16.00 | 15.00 | 14.00 | 16.00 | 19.00 | 9.00 | 15.00 | 13.00 |
| Inventory Days | 2.00 | 2.00 | 2.00 | 1.00 | 3.00 | 3.00 | 2.00 | 2.00 | 3.00 |
| Days Payable | 16.00 | 13.00 | 17.00 | 15.00 | 37.00 | 37.00 | 25.00 | 38.00 | 59.00 |
| Cash Conversion Cycle | -4.00 | 6.00 | 1.00 | 1.00 | -18.00 | -15.00 | -14.00 | -21.00 | -43.00 |
| Working Capital Days | -30.00 | -45.00 | -52.00 | -8.00 | -34.00 | -31.00 | -47.00 | -86.00 | -349.00 |
| ROCE % | 9.00 | 8.00 | 16.00 | 18.00 | 48.00 | 25.00 | 22.00 | 17.00 | — |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 18 Sep 2025 | 18 Sep 2025 | — | 1.50 | |
| Dividend | 12 Jul 2024 | 12 Jul 2024 | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Sep from crisil
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Rating update17 Aug from crisil
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Rating update30 Jul 2025 from fitch
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Rating update20 May 2025 from crisil
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Rating update17 May 2024 from fitch
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Rating update20 Feb 2024 from crisil