3 CNG and Piped Gas Distributor, Active Ingredients Maker and Leading IT Services Company Stocks With a Strong Future Roadmap: Indraprastha Gas, Granules India and Infosys
- November 5, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Indraprastha Gas, Granules India and Infosys: ROE of 11.7% to 31.0% and FY22 to FY26 revenue CAGR of 9.2% to 20.3%. Prices as of 4 Nov 2026.
Quick Answer
The three city gas, API maker and IT services stocks to watch are Indraprastha Gas, Granules India and Infosys. Their return on equity ranges from 11.7% to 31.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.2% to 20.3%. Infosys has the highest return on equity at 31.0%, while Indraprastha Gas has the fastest revenue growth at 20.3% a year. Prices are based on the 4 November 2026 close, and this article is educational, not investment advice.
City gas, API maker and IT services stocks bring together companies with a visible plan for the years ahead. Indraprastha Gas, Granules India and Infosys cover a CNG and piped gas distributor, an active ingredients maker and a leading IT services company.
This list covers three city gas, API maker and IT services stocks with complete current figures: Indraprastha Gas, Granules India and Infosys. Every figure comes from the latest reported financials and the 4 November 2026 market close. Companies without complete current figures were left out.
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What Are City Gas, API Maker and IT Services Stocks?
City gas, API maker and IT services stocks are listed companies that distribute compressed natural gas to vehicles and piped gas to homes, make active ingredients and finished dosages for global drug makers, and provide digital and consulting services to enterprises. Their earnings depend on gas connections, drug orders and client technology budgets.
City Gas, API Maker and IT Services Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Indraprastha Gas | 136.84 | 19,943 | 14.7 | 14.3 | 13.5 | 0.01 |
| Granules India | 794.6 | 22,002 | 33.2 | 36.0 | 11.7 | 0.30 |
| Infosys | 1,128.2 | 468,528 | 15.4 | 17.6 | 31.0 | 0.09 |
On valuation, Granules India and Infosys trade at a P/E below the industry P/E, while Indraprastha Gas trades above it, which reflects the growth the market already expects. Readers comparing city gas, API maker and IT services stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do City Gas, API Maker and IT Services Stocks Have a Strong Roadmap in India?
City gas, API maker and IT services stocks have a strong roadmap in India because a steady shift to cleaner fuel, rising pharma outsourcing and growing enterprise technology spending keep widening the market for these companies.
- City gas. More vehicles and homes switch to gas.
- Active ingredients. Global drug firms outsource production.
- IT services. Clients keep investing in technology.
Why Indraprastha Gas Features Among These City Gas, API Maker and IT Services Stocks
Among the city gas, API maker and IT services stocks on this list, Indraprastha Gas distributes compressed natural gas to vehicles and piped natural gas to homes, businesses and industries in Delhi NCR and other licensed regions.
Revenue rose from Rs 7,887 crore in FY22 to Rs 16,541 crore in FY26, a compound annual growth rate of 20.3%. Net profit for FY26 was Rs 1,544 crore, a net margin of 9.3%.
In the June 2026 quarter, revenue grew 16.5% year on year to Rs 5,145 crore. The company has a return on equity of 13.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 19,943 crore. The stock trades at a P/E of 14.7, above the industry P/E of 14.3.
Roadmap: The company benefits from growing use of cleaner fuel in vehicles and homes and from new geographic areas it serves. A growing station network and household connections add to volumes.
What to watch: Track gas volumes, new station additions and input gas costs.
Why Granules India Features Among These City Gas, API Maker and IT Services Stocks
Among the gas utility, pharma and technology shares on this list, Granules India is a Hyderabad-based pharmaceutical manufacturer that makes active ingredients, intermediates and finished dosage forms, with a strong position in paracetamol, metformin and ibuprofen.
In the June 2026 quarter, revenue grew 20.6% year on year to Rs 1,479 crore, while net profit rose 59.8% to Rs 180 crore. Revenue rose from Rs 3,783 crore in FY22 to Rs 5,386 crore in FY26, a compound annual growth rate of 9.2%.
Net profit grew from Rs 413 crore in FY22 to Rs 595 crore in FY26, which works out to a compound annual growth rate of 9.6%. The company has a return on equity of 11.7%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 22,002 crore. The stock trades at a P/E of 33.2, below the industry P/E of 36.0.
Roadmap: The company is shifting its mix towards finished dosages, which earn better margins than ingredients, and it supplies customers in regulated markets, especially the United States. Capacity additions and new product approvals support steady growth.
What to watch: Monitor new product approvals and the share of finished dosages in total sales.
Why Infosys Features Among These City Gas, API Maker and IT Services Stocks
Among the three companies on this list, Infosys is a leading Indian technology services company that provides digital, cloud, data and consulting services to global enterprises across banking, retail, energy and other industries.
The company has a return on equity of 31.0%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 468,528 crore. The stock trades at a P/E of 15.4, below the industry P/E of 17.6.
Revenue rose from Rs 123,936 crore in FY22 to Rs 182,972 crore in FY26, a compound annual growth rate of 10.2%. Net profit grew from Rs 22,146 crore in FY22 to Rs 29,474 crore in FY26, which works out to a compound annual growth rate of 7.4%.
Roadmap: The company is investing in artificial intelligence and cloud services, which are becoming central to client budgets. Large deal wins and strong client relationships support steady growth.
What to watch: Track large deal wins, margin trends and client demand for artificial intelligence services.
Indraprastha Gas vs Granules India vs Infosys on Key Financials
The table below sets the three city gas, API maker and IT services stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Indraprastha Gas | 7,887 | 16,541 | 20.3% | 1,544 | 9.3% |
| Granules India | 3,783 | 5,386 | 9.2% | 595 | 11.0% |
| Infosys | 123,936 | 182,972 | 10.2% | 29,474 | 16.1% |
Infosys posts the highest return on equity in this group at 31.0%. Infosys has the largest FY26 revenue at Rs 182,972 crore, and Indraprastha Gas shows the fastest revenue growth with a 20.3% compound annual rate. A useful habit with city gas, API maker and IT services stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in City Gas, API Maker and IT Services Stocks
Every theme carries risks that deserve a check before any decision. For these city gas, API maker and IT services stocks, the main points are: Long-term gas utility, pharma and technology shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Gas prices and rules. Gas costs and regulated tariffs can influence earnings.
- Client spending. Technology budgets can vary with global conditions.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter city gas, API maker and IT services stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on City Gas, API Maker and IT Services Stocks
City gas, API maker and IT services stocks suit investors who prefer to study business strength before price moves. Indraprastha Gas, Granules India and Infosys each have a clear plan to grow. Based on the 4 November 2026 close, Indraprastha Gas trades at Rs 136.84, Granules India at Rs 794.6 and Infosys at Rs 1,128.2.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are city gas, API maker and IT services stocks?
Ans. City gas, API maker and IT services stocks are listed companies that distribute compressed natural gas to vehicles and piped gas to homes, make active ingredients and finished dosages for global drug makers, and provide digital and consulting services to enterprises. Their earnings depend on gas connections, drug orders and client technology budgets. This list looks at three of them, Indraprastha Gas, Granules India and Infosys, using reported FY22 to FY26 financials and the 4 November 2026 closing prices.
Which city gas, API maker and IT services stocks are covered in this list?
Ans. This list covers Indraprastha Gas, Granules India and Infosys. Based on the 4 November 2026 close, Indraprastha Gas traded at Rs 136.84, Granules India at Rs 794.6 and Infosys at Rs 1,128.2. Their return on equity ranges from 11.7% to 31.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.2% to 20.3%.
Why do city gas, API maker and IT services stocks have a strong future roadmap in India?
Ans. City gas, API maker and IT services stocks have a strong roadmap in India because a steady shift to cleaner fuel, rising pharma outsourcing and growing enterprise technology spending keep widening the market for these companies. The main drivers are as follows. City gas. More vehicles and homes switch to gas. Active ingredients. Global drug firms outsource production. IT services. Clients keep investing in technology. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Indraprastha Gas performed financially?
Ans. Revenue rose from Rs 7,887 crore in FY22 to Rs 16,541 crore in FY26, a compound annual growth rate of 20.3%. Net profit for FY26 was Rs 1,544 crore, a net margin of 9.3%. In the June 2026 quarter, revenue grew 16.5% year on year to Rs 5,145 crore. The company has a return on equity of 13.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 19,943 crore. The stock trades at a P/E of 14.7, above the industry P/E of 14.3. Looking ahead, the company benefits from growing use of cleaner fuel in vehicles and homes and from new geographic areas it serves. A growing station network and household connections add to volumes.
How has Granules India performed financially?
Ans. Revenue rose from Rs 3,783 crore in FY22 to Rs 5,386 crore in FY26, a compound annual growth rate of 9.2%. Net profit grew from Rs 413 crore in FY22 to Rs 595 crore in FY26, which works out to a compound annual growth rate of 9.6%. In the June 2026 quarter, revenue grew 20.6% year on year to Rs 1,479 crore, while net profit rose 59.8% to Rs 180 crore. The company has a return on equity of 11.7%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 22,002 crore. The stock trades at a P/E of 33.2, below the industry P/E of 36.0. Looking ahead, the company is shifting its mix towards finished dosages, which earn better margins than ingredients, and it supplies customers in regulated markets, especially the United States. Capacity additions and new product approvals support steady growth.
How has Infosys performed financially?
Ans. Revenue rose from Rs 123,936 crore in FY22 to Rs 182,972 crore in FY26, a compound annual growth rate of 10.2%. Net profit grew from Rs 22,146 crore in FY22 to Rs 29,474 crore in FY26, which works out to a compound annual growth rate of 7.4%. The company has a return on equity of 31.0%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 468,528 crore. The stock trades at a P/E of 15.4, below the industry P/E of 17.6. Looking ahead, the company is investing in artificial intelligence and cloud services, which are becoming central to client budgets. Large deal wins and strong client relationships support steady growth.
What risks should investors check before buying city gas, API maker and IT services stocks?
Ans. Investors should check a few risks before buying city gas, API maker and IT services stocks. Gas prices and rules. Gas costs and regulated tariffs can influence earnings. Client spending. Technology budgets can vary with global conditions. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of city gas, API maker and IT services stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 4 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.