INDRAPRASTHA GAS LTD Fair Value
IGL · Oil, Gas & Consumable Fuels · Current price ₹149.63
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹87 | 14% ROE fading to 13% over ~10 yrs, on ₹82 book |
| Relative P/E | ₹148 | EPS × 13.3 peer-median P/E |
| Graham floor | ₹143 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹189 | Street consensus 12-month target price |
Is INDRAPRASTHA GAS LTD undervalued?
DocStoX estimates the fair value of INDRAPRASTHA GAS LTD at ₹128 per share, versus the current market price of ₹150. That puts the stock about -14.6% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹87), Relative P/E (₹148), Graham floor (₹143), Analyst target (₹189). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹87 (bear) to ₹128 (base) to ₹189 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on INDRAPRASTHA GAS LTD
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

