BOARD OF DIRECTORS
Mr. RAMAMURTHY VAIDYANATHAN (CHAIRMAN)
Mr. RAJESH KUMAR MEDIRATTA (MANAGING DIRECTOR )
Ms. BHARATHI SIVASWAMI SIHAG (INDEPENDENT DIRECTOR)
Mr. SATYANARAYAN GOEL (INDEPENDENT DIRECTOR)
Indian Gas Exchange Limited (IGX) is India's first and authorized automated national gas exchange, operating under the regulatory framework of the Petroleum and Natural Gas Regulatory Board (PNGRB). It provides a transparent, electronic, transparent platform for physical delivery-based trading of natural gas. Serving core sectors such as city gas distribution, power generation, industrial consumers, and fertilizer units, the exchange enables efficient market-driven price discovery through its proprietary benchmark index, GIXI®.
• Current Scale & Market Position: Operates across multiple physical delivery hubs (such as Dahej, Hazira, Dabhol, and KG Basin), supporting flexible spot, short-term, and long-duration contracts.
• Key Hubs & Infrastructure: Integrates nationwide pipeline connectivity to ensure seamless execution and delivery matching demand-supply dynamics.
Awards
- • Platts Global Energy Awards 2025 Finalist
- • The Economic Times Energy Leadership Awards 2024
- • Platts Global Energy Awards 2023 Finalist
- • The Economic Times Energy Leadership Awards 2023
- • The Economic Times Energy Leadership Awards 2022
Products of Company
- • Spot Contracts: Intraday, Day-Ahead, Daily, Weekday, Weekly, Fortnightly, and Monthly contracts.
- • Long Duration Contracts: 3-Month and 6-Month forward contracts linked to global and domestic benchmarks like GIXI®, JKM®, WIM®, and Dated Brent®.
- • Specialized Gas Categories: Trading facilities for free-market natural gas and domestic HPHT / CBM gas.
Financial Highlights
- • Total Income / Revenue: Revenue from operations for FY 2025-26 grew to ₹61.00 crore (₹610.05 million),
compared to ₹48.80 crore in FY 2024-25 and ₹34.85 crore in FY 2023-24, driven by a robust CAGR of over 37% in traded gas volumes.
- • Operating Profitability (EBITDA): Strong bottom-line expansion with EBITDA increasing by over 36% year-over-year to ₹46.20 crore in FY 2024-25, highlighting high operational leverage.
- • Profit After Tax (PAT): Profit After Tax (PAT) for FY 2025-26 expanded significantly to ₹42.02 crore (₹420.22 million)
with a high PAT margin of 68.88%, up from ₹30.79 crore in FY 2024-25 and ₹23.05 crore in FY 2023-24.
- • Asset Base & Capital Structure: Total assets increased to ₹477.73 crore at the close of FY 2025-26, compared to ₹308.02 crore in FY 2024-25 and ₹294.58 crore in FY 2023-24. The company operates a debt-free financial model with strong operational cash flows and zero long-term borrowings.
ANNUAL REPORT
NEWS
