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Irm Energy IRMENERGY.NS · INR

Utilities · NSE · 🇮🇳 India

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262.70

+9.03%

Close of 9 Nov 2026, in INR

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About Irm Energy

Its shares trade on NSE under the ticker IRMENERGY.NS. It has been listed since 26 October 2023. In the fiscal year to 31 March 2026, it reported revenue of ₹10.67bn and net income of ₹532.1m. At that date it held total assets of ₹12.96bn and shareholders' equity of ₹9.98bn.

Irm Energy Ltd is a IN-based company operating in Gas Utilities industry. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2023-10-26. IRM Energy Limited is a city gas distribution company. The firm is engaged in developing natural gas distribution projects across various districts in the country for industrial, commercial, domestic, and automobile customers. Its business includes compressed natural gas (CNG), piped natural gas (PNG) domestic, PNG commercial and PNG industrial. CNG is the compressed form of natural gas, which is a mixture of hydrocarbons, mainly methane. Its customers include operators of public transport vehicles, such as taxis, auto-rickshaws, and private vehicles, such as cars, buses, light goods vehicles and heavy goods vehicles. PNG is used for cooking and heating purposes in commercial establishments. Its operations at Banaskantha (Gujarat), Fatehgarh Sahib (Punjab), Diu & Gir Somnath (Union Territory of Daman and Diu/Gujarat), and Namakkal & Tiruchirappalli (Tamil Nadu), engaged in the business of laying, building, operating and expanding the city or local natural gas distribution network.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Utilities
Industry
Gas Utilities
Listed since
26 Oct 2023
Employees
164

Leadership

Pay as last reported

  • Dr. Rajiv ModiNon-Executive Chairman of the Board
  • Mr. Manoj SharmaChief Executive Officer$4.8m
  • Mr. Arunkumar SaluruChief Financial Officer
  • Mr. Akshit SoniCompliance Officer, Company Secretary$770,000
  • Mr. Amitabha BanerjeeExecutive Director, since 2015
  • Mr. Abhinand PandyaChief Strategy Officer
  • Mr. Badri MahapatraDirector$1.2m
  • Mr. Amit DoshiNon-Independent Non-Executive Director$220,000
  • Mr. Rajiv ModiNon-Independent Non-Executive Director
  • Mr. Krishan GuptaNon-Executive Independent Director, since 2024$960,000
  • Mr. Abhay GupteAdditional Non-Executive Independent Director$60,000
  • Shri. Dharamchand JainNon-Executive Independent Director$340,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Operates in the Gas Utilities industry with a focus on city gas distribution.
  • Has a diverse portfolio including CNG, PNG domestic, PNG commercial, and PNG industrial services.
  • Serves multiple customer segments including industrial, commercial, domestic, and automobile users.

Weaknesses

  • Limited operational presence to specific regions: Banaskantha, Fatehgarh Sahib, Diu & Gir Somnath, and Namakkal & Tiruchirappalli.
  • Relatively new company with IPO in 2023, indicating limited historical market presence.
  • Employees count of 164 suggests a small operational scale compared to larger competitors.

Opportunities

  • Expansion into new districts and regions for natural gas distribution projects.
  • Growing demand for clean energy sources like natural gas in India.
  • Potential to increase market share in the CNG and PNG sectors as infrastructure develops.

Threats

  • Competition from established energy providers in the natural gas sector.
  • Regulatory changes affecting gas distribution and pricing policies.
  • Economic downturns impacting investment in new gas infrastructure projects.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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