IRM Energy Limited
NSE: IRMENERGY · LPG/CNG/PNG/LNG Supplier · sector
₹231.15NSE close 2026-10-26
Key numbers
Market cap₹949 cr
Price₹231.15
52w high / low₹367 / ₹165
P/E13.0xSector median 14.3x
P/B1.0xSector median 1.6x
Book value₹242.9
Dividend yield0.65%Sector median 0.91%
ROE7.5%Sector median 12.3%
ROCE11.5%Sector median 13.1%
OPM12.1%Sector median 12.1%
Debt / equity0.05xSector median 0.05x
EV/EBITDA4.9xSector median 7.0x
Interest cover8.4x
Current ratio1.83x
Sales growth 3y–Sector median +10.2%
Profit growth 3y–Sector median +3.1%
PEG0.16x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 7 companies in LPG/CNG/PNG/LNG Supplier (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹276 cr vs borrowings ₹50 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 8.4x in the last 12 months.
- Promoter holding rose by 0.67 percentage points in a year, to 50.74% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 3 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 31% of net profit in the last 12 months.
- Dividend paid in 2 of the last 3 financial years.
- Price ₹231.15 on 2026-10-26: -37.0% from the 52-week high, +39.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹455.75 · low ₹185.57
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 250 | 273 | 289 | 285 | 282 | 289 | 304 | 355 |
| EBITDA | 26 | 22 | 17 | 26 | 27 | 30 | 30 | 62 |
| OPM % | 10.6% | 8.1% | 6.0% | 9.1% | 9.5% | 10.3% | 9.9% | 17.4% |
| Other income | 9 | 7 | 9 | 8 | 6 | 6 | 5 | 5 |
| Net profit | 12 | 10 | 4 | 14 | 13 | 14 | 13 | 34 |
| EPS (₹) | 2.92 | 2.46 | 1.07 | 3.39 | 3.06 | 3.40 | 3.11 | 8.23 |
| Revenue YoY | +12.6% | +5.6% | +5.2% | +24.3% | ||||
| Profit YoY | +4.6% | +38.4% | +190.7% | +142.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 957 | 1,056 | 1,160 | 1,229 |
| EBITDA | 149 | 96 | 112 | 148 |
| Net profit | 86 | 45 | 53 | 73 |
| EPS (₹) | 24.47 | 11.01 | 12.96 | 17.80 |
| Revenue growth | +10.4% | +9.8% | +12.0% | |
| Profit growth | -47.2% | +17.7% | +80.8% | |
| Dividend / share (₹) | – | 1.50 | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +12.0% |
| Net profit | – | – | +80.9% |
| EPS | – | – | – |
| Share price | – | -21.7% (2y) | -26.0% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 932 | 951 | 998 |
| Borrowings | 210 | 126 | 50 |
| Cash & equivalents | 503 | 392 | 276 |
| Total assets | 1,297 | 1,270 | 1,296 |
| Fixed assets | 536 | 630 | 761 |
| Capital work in progress | 87 | 88 | 99 |
| Investments | 27 | 16 | 13 |
| Receivables | 37 | 44 | 33 |
| Inventory | 4 | 5 | 4 |
| Payables | 29 | 27 | 36 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 120 | 94 | 143 |
| Cash from investing | -291 | -199 | -44 |
| Cash from financing | 380 | -116 | -96 |
| Capex | 178 | 130 | 182 |
| Free cash flow | -58 | -36 | -39 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 9.2% | 4.8% | 5.3% |
| ROCE % | 12.8% | 8.9% | 8.9% |
| Debtor days | 14 | 15 | 10 |
| Inventory days | 2 | 2 | 2 |
| Payable days | 17 | 13 | 16 |
| Cash conversion cycle (days) | -1 | 4 | -4 |
| Working capital days | 156 | 94 | 49 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.74% |
| FIIs | 1.75% |
| DIIs | 1.71% |
| of which Mutual funds | 1.37% |
| Public (non-institutions) | 45.80% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.07% | 50.07% | 50.07% | 50.07% | 50.07% | 50.07% | 50.74% | 50.74% |
| Promoter group | % |
|---|---|
| Cadila Pharmaceuticals Limited | 36.48% |
| IRM Trust through its Trustee Mr. Rajiv Indravadan Modi | 14.26% |
| Rajiv Indravadan Modi | 0.00% |
| Rajiv Rajiv Modi | 0.00% |
| Ambalal J Modi | 0.00% |
| Ambalal J Modi HUF No 2 | 0.00% |
| Ambalal J Modi HUF No 4 | 0.00% |
| Ambalal J Modi HUF No 5 | 0.00% |
| Ambalal J Modi HUF No 6 | 0.00% |
| Ambalal J Modi HUF No 7 | 0.00% |
| Indravadan Ambalal Modi HUF | 0.00% |
| Modi Rajiv I | 0.00% |
| Indravadan A Modi HUF No 3 | 0.00% |
| Indravadan Ambalal Modi HUF No 2 | 0.00% |
| Modi Ambalal J HUF No 3 | 0.00% |
| Public holders above 1% | % |
|---|---|
| Enertech Distribution Management Private Limited . | 21.12% |
| Shizuoka Gas Co., Ltd. | 2.17% |
| Massachusetts Institute Of Technology | 1.38% |
73,855 shareholders. Pledged: – of promoter shares.
Peers in LPG/CNG/PNG/LNG Supplier
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ATGL | ₹58,509 cr | 91.1x | 11.3x | 13.3% | 13.1% | 16.4% | +11.0% | 0.05% |
| PETRONET | ₹43,762 cr | 10.4x | 2.0x | 20.0% | 25.7% | 15.4% | -10.1% | 3.43% |
| GUJENERGY | ₹20,171 cr | 9.6x | 1.1x | 14.1% | 11.7% | 11.6% | +12.2% | 0.91% |
| IGL | ₹19,820 cr | 14.6x | 1.7x | 12.3% | 12.9% | 8.8% | +4.6% | 3.35% |
| MGL | ₹10,236 cr | 14.3x | 1.6x | 11.6% | 15.4% | 13.8% | +9.4% | 2.89% |
| CONFIPET | ₹2,320 cr | 14.9x | 1.6x | 9.8% | 13.7% | 6.8% | +28.7% | 0.16% |
| IRMENERGY | ₹949 cr | 13.0x | 1.0x | 7.5% | 11.5% | 12.1% | – | 0.65% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-09-18 | Dividend | Dividend - Rs 1.50 Per Share |
| 2024-07-12 | Dividend | Dividend - Rs 1.5 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Distribution of gaseous fuels: Sale of Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) to domestic, commercial, industrial and transport sector customers
| Sector | Energy |
| Industry | LPG/CNG/PNG/LNG Supplier |
| Sub-industry | LPG/CNG/PNG/LNG Supplier |
| Symbol | IRMENERGY |
| BSE code | 544004 |
| ISIN | INE07U701015 |
| Face value | ₹10.0 |
| Incorporated | 2015-12-01 |
| Website | www.irmenergy.com |
| Plants (India / abroad) | 162 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.