Company Profile : The company is City gas distribution company operating in Delhi, Noida, Ghaziabad, in house holds, Hotels, Commercial And transportation vehicles. As it is Supplying Gas to Broad spectrum of customers. Company incorporated in 1998 and went public in 2003. As of March the company is supplying PNG to 660000 Households and 1500 commercial and Industrial customers and 416 CNG Filling stations in NCR.
Share Holding Pattern :
Financials and Ratio
|Dividend Pay out||26.94||22.84||21.74||21.37||19.18||20. 18|
|Dividend per Share||5||5||5.5||5.5||6||6|
|Debt to Equity||0.28||0.32||0.23||0.18||0.07||0|
Future Prospects : As a City gas distribution company supplying CNG, PNG owned by Govt owned Oil companies, hardly their are any big difficulties in path of the company. Natural gas is less pollution, clean fuel and as govt is trying to give access to all people for gas the future potential is big. The company is also providing Gas to commercial and industrial also which increase the future potential.
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