IRM ENERGY LIMITED

BSE: IRMENERGY544004ISIN INE07U701015

Energy
LPG/CNG/PNG/LNG Supplier
BSE Energy

Share price

₹230.85+6.65 (+2.97%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹366.70
52W low: ₹165.65
Off 52W high: -37.05%
1M return: -10.97%
3M return: -16.69%
6M return: -27.66%
1Y return: -25.95%
20D avg volume: 5,255
50 DMA: ₹263.14
200 DMA: ₹257.17

Key ratios Consolidated

Market cap: ₹947.86 Cr
Current price: ₹230.85
52W high / low: ₹366.70 / ₹165.65
Face value: ₹10.00
P/E: 11.03
P/B: 0.90
EPS (TTM): ₹20.94
Book value / share: ₹255.84
ROE: —
ROCE: 8.40%
Operating margin: —
Net margin: —
Debt / equity: 0.05
Net debt: ₹10.38 Cr
Interest cover: 6.33
Dividend yield: 0.65%
Dividend / share (TTM): ₹1.50
Payout: 7.16%
Cash conversion cycle: 0.2 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	363.61	354.75	304.00	288.69	281.78	285.48	288.97	273.32	250.18	243.89	231.59	242.93
	4.71	5.28	5.36	6.32	5.53	8.24	8.95	6.89	9.12	9.43	9.79	7.13
	368.32	360.03	309.37	295.02	287.31	293.72	297.92	280.21	259.30	253.32	241.38	250.06
	333.11	312.62	291.65	272.89	268.36	273.97	287.38	264.27	238.43	226.86	224.90	214.92
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	236.56	222.10	207.57	195.72	193.82	193.88	212.71	191.28	171.44	161.22	158.61	162.46
	7.26	5.88	7.19	6.61	5.67	5.38	5.59	4.83	3.91	3.74	3.42	3.39
	3.02	3.23	5.52	2.81	2.87	3.54	5.83	5.04	6.11	5.10	8.51	6.97
	13.81	16.42	12.17	11.01	10.41	10.82	9.90	8.12	8.63	8.18	7.40	7.26
	71.74	65.64	59.62	55.74	55.96	59.34	54.79	31.48	30.15	29.37	30.32	16.98
	35.21	47.40	17.72	22.13	18.95	19.75	10.55	15.94	20.86	26.46	16.49	35.14
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	35.21	47.40	17.72	22.13	18.95	19.75	10.55	15.94	20.86	26.46	16.49	35.14
	9.38	13.08	4.46	7.00	4.76	5.41	6.00	5.15	7.92	7.70	5.25	10.80
	25.43	33.81	12.75	13.98	12.56	13.92	4.39	10.10	12.01	18.70	8.98	23.78
	6.19	8.23	3.11	3.40	3.06	3.39	1.07	2.46	2.92	4.56	2.19	6.18
Key metrics
	52.04	67.05	35.41	35.95	32.23	34.11	26.28	29.10	35.60	39.74	32.40	49.37
	14.30%	18.90%	11.60%	12.50%	11.40%	11.90%	9.10%	10.60%	14.20%	16.30%	14.00%	20.30%
	7.00%	9.50%	4.20%	4.80%	4.50%	4.90%	1.50%	3.70%	4.80%	7.70%	3.90%	9.80%
	3.30%	—	2.10%	—	2.00%	—	1.50%	—	—	—	—	—
	29.00%	24.30%	5.20%	5.60%	12.60%	17.10%	24.80%	12.50%	—	—	—	—
	102.50%	142.90%	190.40%	38.40%	4.60%	-25.60%	-51.10%	-57.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,311	1,160	1,056	956.54
	21.67	25.45	34.40	23.82
	1,333	1,185	1,091	980.36
	1,210	1,107	1,017	860.86
	0.00	0.00	0.00	—
	861.95	790.99	736.64	648.33
	26.94	24.85	18.07	12.39
	14.58	14.74	22.09	26.70
	53.41	44.41	34.82	26.47
	252.74	230.65	205.55	82.76
	122.46	78.55	73.81	119.50
	0.00	0.00	0.00	0.00
	122.46	78.55	73.81	119.50
	33.92	21.63	26.77	28.01
	85.97	53.21	45.20	85.66
	20.93	12.96	11.01	24.47
Key metrics
	190.45	137.70	130.72	172.67
	14.53%	11.90%	12.40%	18.10%
	6.56%	4.60%	4.30%	9.00%
	—	8.40%	9.00%	—
	16.07%	9.80%	10.40%	—
	109.84%	17.70%	-47.20%	—
	—	-39.41	-35.98	—
	—	2.68	2.07	—
	—	0.05	0.13	—
	—	10.38	89.23	—
	—	0.2	7.6	—
Balance sheet
	—	1,296	1,270	—
	—	341.80	477.13	—
	—	39.25	36.47	—
	—	32.84	43.87	—
	—	3.74	4.59	—
	—	18.30	20.63	—
	—	760.80	629.90	—
	—	35.80	26.57	—
	—	186.73	205.38	—
	—	49.63	125.70	—
	—	20.45	73.74	—
	—	29.18	51.96	—
	—	997.53	950.72	—
Cash flow
	—	142.66	93.72	—
	—	-43.73	-198.80	—
	—	-96.15	-116.25	—
	—	182.07	129.70	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	363.61	354.75	304.00	288.69	281.78	285.48	288.97	273.32	250.18	243.89	231.59	242.93
	4.71	5.28	5.37	6.32	5.53	8.24	8.96	6.90	9.12	9.43	9.79	7.13
	368.32	360.03	309.37	295.02	287.31	293.72	297.93	280.21	259.30	253.32	241.38	250.06
	333.11	312.62	291.68	272.83	268.35	274.03	287.38	264.28	238.43	226.85	224.91	214.92
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	236.56	222.10	207.57	195.72	193.82	193.88	212.71	191.28	171.44	161.22	158.61	162.46
	7.26	5.88	7.19	6.61	5.67	5.38	5.59	4.83	3.91	3.74	3.42	3.39
	3.02	3.23	5.52	2.81	2.87	3.54	5.84	5.04	6.11	5.10	8.51	6.97
	13.81	16.42	12.17	11.01	10.41	10.82	9.90	8.12	8.63	8.18	7.40	7.26
	71.74	65.64	59.65	55.68	55.95	59.40	54.79	31.48	30.15	29.37	30.33	16.98
	35.21	47.40	17.69	22.19	18.96	19.69	10.55	15.94	20.87	26.47	16.47	35.14
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	35.21	47.40	17.69	22.19	18.96	19.69	10.55	15.94	20.87	26.47	16.47	35.14
	9.38	13.08	4.47	7.00	4.75	5.41	6.00	5.15	7.92	7.70	5.25	10.80
	25.83	34.32	13.22	15.19	14.20	14.28	4.55	10.79	12.94	18.77	11.22	24.34
	6.29	8.36	3.22	3.70	3.46	3.48	1.11	2.63	3.15	4.57	2.73	6.33
Key metrics
	52.04	67.05	35.38	36.01	32.24	34.05	26.29	29.10	35.61	39.75	32.38	49.37
	14.30%	18.90%	11.60%	12.50%	11.40%	11.90%	9.10%	10.60%	14.20%	16.30%	14.00%	20.30%
	7.10%	9.70%	4.30%	5.30%	5.00%	5.00%	1.60%	3.90%	5.20%	7.70%	4.80%	10.00%
	3.30%	—	2.10%	—	2.10%	—	1.60%	—	—	—	—	—
	29.00%	24.30%	5.20%	5.60%	12.60%	17.10%	24.80%	12.50%	—	—	—	—
	81.90%	140.30%	190.50%	40.80%	9.70%	-23.90%	-59.40%	-55.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,311	1,160	1,056	956.54
	21.68	25.45	34.41	23.82
	1,333	1,185	1,091	980.36
	1,210	1,107	1,017	860.85
	0.00	0.00	0.00	—
	861.95	790.99	736.64	648.33
	26.94	24.85	18.07	12.39
	14.58	14.74	22.09	26.70
	53.41	44.41	34.82	26.47
	252.71	230.68	205.55	82.74
	122.49	78.52	73.82	119.51
	0.00	0.00	0.00	—
	122.49	78.52	73.82	119.51
	33.93	21.63	26.77	28.01
	88.56	56.89	47.05	91.50
	21.57	13.86	11.46	26.14
Key metrics
	190.48	137.67	130.73	172.68
	14.53%	11.90%	12.40%	18.10%
	6.75%	4.90%	4.50%	9.60%
	—	8.50%	9.10%	—
	16.07%	9.80%	10.40%	—
	102.10%	20.90%	-48.60%	—
	—	-39.40	-35.98	—
	—	2.51	1.99	—
	—	0.05	0.13	—
	—	10.38	89.23	—
	—	0.2	7.6	—
Balance sheet
	—	1,287	1,257	—
	—	341.80	477.13	—
	—	39.25	36.47	—
	—	32.84	43.87	—
	—	3.74	4.59	—
	—	18.30	20.63	—
	—	760.80	629.90	—
	—	35.77	26.57	—
	—	186.70	205.35	—
	—	49.63	125.70	—
	—	20.45	73.74	—
	—	29.18	51.96	—
	—	988.06	937.55	—
Cash flow
	—	142.68	93.68	—
	—	-43.74	-198.75	—
	—	-96.15	-116.25	—
	—	182.08	129.66	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +16.07%
Profit YoY (TTM): +102.10%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +16.07%
Profit YoY (TTM): +109.84%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 50.74%

Quarter	September 2026	June 2026
Promoter %	50.74%	50.74%

Holder	Type	Holding	Previous	Change
Cadila Pharmaceuticals Limited	Promoter	36.48%	36.48%	0.00%
Enertech Distribution Management Private Limited .	Public	21.12%	21.12%	0.00%
IRM Trust through its Trustee Mr. Rajiv Indravadan Modi	Promoter	14.26%	14.26%	0.00%
Shizuoka Gas Co., Ltd.	Public	2.17%	2.17%	0.00%
Massachusetts Institute Of Technology	Public	1.38%	1.38%	0.00%
Inverika Bioresearch Private Limited	Promoter Group	0.00%	0.00%	0.00%
Indravadan Ambalal Modi HUF	Promoter Group	0.00%	0.00%	0.00%
Ambalal J Modi HUF No 6	Promoter Group	0.00%	0.00%	0.00%
Cadila Pharmaceuticals (Ethiopia) Plc.	Promoter Group	0.00%	0.00%	0.00%
Ambalal J Modi HUF No 7	Promoter Group	0.00%	0.00%	0.00%
CAD Ventures Private Limited	Promoter Group	0.00%	0.00%	0.00%
Ambalal J Modi HUF No 5	Promoter Group	0.00%	0.00%	0.00%
IRM Private Limited	Promoter Group	0.00%	0.00%	0.00%
CPL Pharmaceuticals Private Limited	Promoter Group	0.00%	0.00%	0.00%
Cadila Laboratories Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
ADANI TOTAL GAS LIMITED	62,695	570.05	97.66	13.50%	+23.97% TTM	+2.60% TTM	-9.34%
PETRONET LNG LTD.	46,515	310.10	10.04	21.30%	-29.65% TTM	+26.31% TTM	+10.53%
Gujarat Energy Limited	20,772	221.40	12.18	11.50%	+41.97% TTM	+48.95% TTM	-45.62%
Indraprashtha Gas Ltd.	19,145	136.75	19.29	13.90%	+14.33% TTM	-37.64% TTM	-36.34%
Mahanagar Gas Limited	10,452	1,058.10	15.87	16.50%	+13.54% TTM	-32.59% TTM	-16.23%
GSPL Transmission Limited	3,512	112.30	—	—	—	—	—
Confidence Petroleum India Limited	2,099	63.17	15.14	9.90%	+72.45% TTM	+44.65% TTM	+53.03%
IRM ENERGY LIMITED	948	230.85	11.03	8.40%	+16.07% TTM	+109.84% TTM	-25.95%

Filings & corporate actions

Recent announcements

Please find attached Resignation of Senior Management Personnel.3 Nov 2026 · Company Update / Change in Management
Please find attached herewith Monitoring Agency Report for the quarter ended September 30, 2026.2 Nov 2026 · Company Update / Monitoring Agency Report
Please find attached herewith the Audio Recording of Earnings Conference Call for quarter and half year ended September 30, 2026.2 Nov 2026 · Company Update / Analyst / Investor Meet
Please find attached herewith Newspaper Publication for assessing Financial Results for the quarter and half year ended September 30, 2026.2 Nov 2026 · Company Update / Newspaper Publication
Please find attached herewith Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026.30 Oct 2026 · Result / Financial Results
Please find attached herewith Investor Presentation on Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Investor Presentation
Please find attached herewith Press Release / Media Release on the Financial Results of the Company for the quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Press Release / Media Release
Please find attached herewith Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Please find attached herewith schedule of Investors/Analysts Earnings Conference Call - Q2 FY 27.27 Oct 2026 · Company Update / Analyst / Investor Meet
IRM Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve Unaudited Standalone & Consolidated ....26 Oct 2026 · Board Meeting / Board Meeting
Please find attached herewith the Compliance Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.15 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached herewith the Credit Rating by India Ratings and Research Private Limited.7 Oct 2026 · Company Update / Credit Rating
Please find attached herewith Newspaper Publication for Notice of hearing of petition seeking sanction to the Scheme of Amalgamation of Enertech Distribution and Management Private Limited ....6 Oct 2026 · Company Update / Newspaper Publication
Please find attached herewith the appointment of Statutory Auditor of the Company.1 Oct 2026 · Company Update / Appointment of Statutory Auditor/s
Please find attached herewith Voting Results alongwith the Scrutinizers Report of the 11th Annual General Meeting of the Company.1 Oct 2026 · AGM/EGM / AGM
Please find attached herewith the proceedings of the 11th Annual General Meeting of the Company.29 Sep 2026 · AGM/EGM / AGM
Please find attached herewith the Intimation of closure of Trading Window for the purpose of declaration of unaudited financial results for the quarter and half year ended September 30, 2026.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached herewith the Intimation of Schedule of Analyst/Investor Meet.16 Sep 2026 · Company Update / Analyst / Investor Meet
Please find attached herewith Voting Results along with Scrutinizer''s Reports of the NCLT convened meetings of Equity Shareholders and Unsecured Creditors held on September 12, 2026.12 Sep 2026 · AGM/EGM / Court Convened Meeting
Please find attached herewith proceedings of NCLT convened meetings of Equity Shareholders and Unsecured Creditors held on September 12, 2026 along with Voting Results and Scrutinizer Reports.12 Sep 2026 · AGM/EGM / Court Convened Meeting
Please find attached herewith Newspaper Publication of Notice of 11th Annual General Meeting of the Company.7 Sep 2026 · Company Update / Newspaper Publication
Please find attached herewith the Business Responsibilty and Sustainability Report of the Company for the financial year 2025-26.4 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice convening the 11th Annual General Meeting of the Members of the Company.4 Sep 2026 · AGM/EGM / AGM
Please find attached herewith Annual Report of the Company for the financial year 2025-26.4 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find attached herewith Credit Rating from Crisil.4 Sep 2026 · Company Update / Credit Rating
Please find attached herewith Newspaper Publication for 11th Annual General Meeting of the Company through Video Conferencing/Other Audio-Visual Means.24 Aug 2026 · Company Update / Newspaper Publication
Please find attached hererwith changes in the rating from CRISIL.18 Aug 2026 · Company Update / Credit Rating
Please find attached herewith report of Monitoring Agency for the quarter ended June 30, 2026.13 Aug 2026 · Company Update / Monitoring Agency Report
Please find attached herewith disclosure under Regulation 30(5) of the SEBI Listing Regulations.13 Aug 2026 · Company Update / General
Please find attached herewith disclosure of appointment of Cheif Financial Officer of the Company.13 Aug 2026 · Company Update / Change in Management
Please find attached herewith the disclosure regarding the Relinquishment of office by Chief Financial Officer.13 Aug 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Please find attached herewith earnings call transcript for the quarter ended June 30, 2026.12 Aug 2026 · Company Update / Earnings Call Transcript
Please find attached herewith Newspaper Publication of Notice of Court convened meeting of Equity Shareholders and Unsecured Creditors.11 Aug 2026 · Company Update / Newspaper Publication
Please find attached herewith Notice of Court convened meeting of Unsecured Creditors of the Company to be held on Saturday, September 12, 2026 at 12:30 p.m. as per the Order of NCLT Ahmedabad.10 Aug 2026 · AGM/EGM / Court Convened Meeting
Please find attached herewith Notice of Court convened meeting of Equity Shareholders of the Company to be held on Saturday, September 12, 2026 at 10:30 a.m. as per the order of Hon''ble ....10 Aug 2026 · AGM/EGM / Court Convened Meeting
Please find attached herewith copy of Newspaper Publication for Unaudited Financial Results for the quarter ended June 30, 20268 Aug 2026 · Company Update / Newspaper Publication
Audio Recording of Earnings Conference Call for the quarter ended June 30, 2026.7 Aug 2026 · Company Update / Analyst / Investor Meet
Please find attached herewith Intimation for Appointment of Statutory Auditors of the Company7 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
Please find attached herewith Press Release dated August 06, 2026, titled ''''IRM Energy Delivers Record Q1FY27 Performance''''.6 Aug 2026 · Company Update / Press Release / Media Release
Please find attached herewith Investor presentation for the quarter ended June 30, 2026.6 Aug 2026 · Company Update / Investor Presentation

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.5000	11 Sep 2026	11 Sep 2026	—
Final Dividend - Rs. - 1.5000	18 Sep 2025	18 Sep 2025	—
Final Dividend - Rs. - 1.5000	12 Jul 2024	12 Jul 2024	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results