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IRM Energy (NSE:IRMENERGY) Market Cap : ₹19,524 Mil (As of Jun. 08, 2024)


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What is IRM Energy Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). IRM Energy's share price for the quarter that ended in Mar. 2024 was ₹469.3. IRM Energy's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 41 Mil. Therefore, IRM Energy's market cap for the quarter that ended in Mar. 2024 was ₹19,269 Mil.

IRM Energy's quarterly market cap increased from Sep. 2023 (₹0 Mil) to Dec. 2023 (₹22,096 Mil) but then declined from Dec. 2023 (₹22,096 Mil) to Mar. 2024 (₹19,269 Mil).

IRM Energy's annual market cap stayed the same from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹0 Mil) but then increased from Mar. 2023 (₹0 Mil) to Mar. 2024 (₹19,269 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. IRM Energy's Enterprise Value for Today is ₹16,714 Mil.


IRM Energy Market Cap Historical Data

The historical data trend for IRM Energy's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IRM Energy Market Cap Chart

IRM Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Market Cap
- - - 19,269.32

IRM Energy Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 22,096.28 19,269.32

Competitive Comparison of IRM Energy's Market Cap

For the Utilities - Regulated Gas subindustry, IRM Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IRM Energy's Market Cap Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, IRM Energy's Market Cap distribution charts can be found below:

* The bar in red indicates where IRM Energy's Market Cap falls into.



IRM Energy Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

IRM Energy's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹469.3*41.0597
=₹19,269

IRM Energy's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₹469.3*41.0597
=₹19,269

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IRM Energy  (NSE:IRMENERGY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


IRM Energy Market Cap Related Terms

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IRM Energy (NSE:IRMENERGY) Business Description

Traded in Other Exchanges
Address
S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054
IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers.

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