Adani Total Gas Q4 Results 2026: Date, Revenue, PAT & Analyst Outlook

Mon Apr 13 2026

Adani Total Gas (NSE: ATGL) is preparing to announce its Q4 FY26 financial results for the period ended March 31, 2026. The board of directors is scheduled to meet on May 2026 (Expected) to approve the audited statements and consider a final dividend recommendation. With the stock at Rs 680 — against a 52-week high of Rs 950 and 1-year return of -22% — the Q4 FY26 results will be a pivotal event for investors.

Analyst estimates for Q4 FY26 revenue stand at Rs 1,580-1,700 Cr, with PAT expectations of Rs 258-285 Cr and margin projections of EBITDA 28-30%. This article covers the Adani Total Gas Q4 results 2026 date, earnings estimates, five key performance factors, five risks, analyst ratings, and investor FAQs.

Table of Contents

Adani Total Gas Q4 Results 2026 Date

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Company	Results Date	Article
TCS	April 9, 2026	Preview on Univest
Infosys	April 23, 2026	Preview on Univest
Adani Total Gas	May 2026 (Expected)	This article

Why This Quarter Matters

Adani Total Gas enters Q4 FY26 with expectations of Volume 9-11% YoY growth. Q4 determines full-year FY26 performance, sets FY27 estimate baselines, and triggers final dividend announcements. At a 1-year return of -22%, this quarter’s results and FY27 guidance will be critical for determining whether the stock can sustain recovery momentum.

Adani Total Gas Q4 FY26 Earnings Estimates

Adani Total Gas Q4 FY26 analyst estimates. Source: MOFSL, YES Securities, JM Financial.

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Metric	Q3 FY26 Actual	Q4 FY26 Estimate	Driver
Revenue	Rs 1,462 Cr	Rs 1,580-1,700 Cr	Volume + pricing
PAT	Rs 244 Cr	Rs 258-285 Cr	Operating leverage
Margin	EBITDA 28.4%	EBITDA 28-30%	Cost control
Key Growth Metric	Q3 trend	Volume 9-11% YoY growth	Management execution
Dividend Estimate	—	Nil expected	Board recommendation

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5 Key Factors That Will Drive Adani Total Gas Q4 FY26 Performance

Revenue Momentum

Analysts expect Rs 1,580-1,700 Cr in Q4 FY26 revenue versus Rs 1,462 Cr in Q3. Q4 is seasonally important for the Gas/CGD sector and the ability to convert the pipeline into recognised revenue will be the first performance test.

Margin Trajectory

Q4 FY26 margin expectations are EBITDA 28-30% versus EBITDA 28.4% in Q3. Input cost trends, employee expenses, and pricing power will determine whether the company can sustain or improve on Q3 levels.

PAT Quality

Net profit is estimated at Rs 258-285 Cr. Investors will assess whether PAT is driven by operational improvement or non-recurring items. A clean recurring profit print is most positively received by institutional investors.

Management Guidance for FY27

The most consequential output will be FY27 guidance — revenue growth bands, margin targets, and capex plans. In the current global macro environment, credible FY27 guidance carries significant weight for the stock’s re-rating potential.

Dividend Declaration

Adani Total Gas is expected to consider a final dividend of Nil expected. The quantum signals management’s confidence in free cash flow generation and sets expectations for FY27 capital allocation strategy.

5 Risks to Watch in Adani Total Gas Q4 FY26

US Tariff and Macro Headwinds

The 26% US reciprocal tariff on Indian goods has created macro uncertainty. For Adani Total Gas, indirect impacts include FII outflows and earnings estimate cuts if global demand slows. India-US trade negotiations remain the most important macro catalyst.

Earnings Miss Risk

If Adani Total Gas’s Q4 FY26 results miss estimates, the stock could correct sharply. Investors should monitor revenue versus Rs 1,580-1,700 Cr and PAT versus Rs 258-285 Cr as the two primary watchpoints.

FY27 Guidance Below Consensus

If FY27 guidance falls below Street expectations, the stock may decline even if Q4 numbers are in line. Forward guidance carries more weight than the reported quarter in the current environment.

FII Outflow Continuation

FIIs sold Rs 22,000 crore in Indian equities in a single week following the tariff announcement. Continued selling would create headwinds for Adani Total Gas regardless of company-specific fundamentals.

Sector Regulatory Risk

The Gas/CGD sector faces evolving regulatory frameworks. Policy changes that increase compliance costs or alter competitive dynamics could affect Adani Total Gas’s profitability beyond current consensus models.

Adani Total Gas Share Price and Analyst Ratings

Adani Total Gas share price snapshot and analyst ratings. Source: Brokerages, NSE data.

Adani Total Gas is trading at Rs 680 as of early April 2026, against a 52-week high of Rs 950 and 52-week low of Rs 540. Market cap stands at Rs 74,900 Cr.

Brokerage	Rating	Target Price	Thesis
MOFSL	Neutral	Rs 780	CNG + PNG; TotalEnergies JV
YES Securities	Neutral	Rs 760	Governance + valuation premium concern
JM Financial	Add	Rs 820	City gas distribution monopoly
Emkay	Neutral	Rs 730	RE ambitions + CGD core growth

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Conclusion

Adani Total Gas Q4 FY26 results on May 2026 (Expected) will be a key event for investors monitoring the Gas/CGD sector. Analysts project PAT of Rs 258-285 Cr and revenue of Rs 1,580-1,700 Cr. At a CMP of Rs 680 with analyst targets from Rs 730 to Rs 780, FY27 guidance will be the most critical post-results catalyst.

For more Q4 FY26 previews, visit Univest Blogs.

Frequently Asked Questions

What is the Adani Total Gas Q4 results 2026 date?

The Adani Total Gas Q4 results 2026 date is May 2026 (Expected). The board will meet to approve audited Q4 FY26 financials and consider a final dividend recommendation.

What is the Adani Total Gas Q4 FY26 PAT estimate?

Analysts estimate Adani Total Gas Q4 FY26 PAT at Rs 258-285 Cr, based on revenue of Rs 1,580-1,700 Cr and margin of EBITDA 28-30%.

What is Adani Total Gas’s share price ahead of Q4 results?

Adani Total Gas is trading at Rs 680. The 52-week high is Rs 950 and low is Rs 540. The 1-year return is -22% and market cap is Rs 74,900 Cr.

Will Adani Total Gas declare a dividend in Q4 FY26?

Adani Total Gas is expected to consider a final dividend of Nil expected at the Q4 FY26 board meeting on May 2026 (Expected).

Which analysts have a Buy rating on Adani Total Gas?

JM Financial (Add, Rs 820) have positive ratings heading into Q4 FY26.

What were Adani Total Gas Q3 FY26 results?

Adani Total Gas reported Q3 FY26 revenue of Rs 1,462 Cr and PAT of Rs 244 Cr, with margin at EBITDA 28.4%. These form the baseline for Q4 FY26 consensus estimates.

When do TCS and Infosys announce Q4 results 2026?

TCS declared Q4 FY26 results on April 9, 2026. Infosys Q4 FY26 results are scheduled for April 23, 2026. Read both previews on Univest Blogs.

Is Adani Total Gas a good investment ahead of Q4 results?

This depends on your risk appetite and portfolio context. Adani Total Gas has compelling long-term factors alongside genuine near-term risks. Consult a SEBI-registered financial advisor before investing.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only. All financial data and analyst estimates are sourced from publicly available information. Verify before investing. Consult a SEBI-registered advisor before making investment decisions.