Mahanagar Gas Ltd

Mahanagar Gas Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mahanagar Gas Ltd

₹ 1,382 0.69%
21 May - close price
mahanagargas.com BSE: 539957 NSE: MGL
About

Mahanagar Gas Ltd is engaged in the business of City gas distribution (CGD), presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad District in the state of Maharashtra.[1]

Key Points

Business Segments

Website BSE NSE
  • Market Cap ₹ 13,651 Cr.
  • Current Price ₹ 1,382
  • High / Low ₹ 1,989 / 1,075
  • Stock P/E 13.1
  • Book Value ₹ 595
  • Dividend Yield 2.17 %
  • ROCE 24.3 %
  • ROE 18.9 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 23.9%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Gas Distribution Industry: Miscellaneous

Part of BSE 500 Nifty 500 BSE SmallCap Nifty Energy Nifty Smallcap 100

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,671 1,610 1,538 1,571 1,569 1,613 1,666 1,786 1,847 1,964
1,415 1,221 1,017 1,092 1,120 1,218 1,229 1,373 1,523 1,570
Operating Profit 256 390 521 479 449 395 437 413 325 394
OPM % 15% 24% 34% 30% 29% 24% 26% 23% 18% 20%
32 34 39 44 48 44 36 47 42 42
Interest 2 2 3 2 3 6 3 3 3 4
Depreciation 59 64 62 66 68 81 83 85 91 93
Profit before tax 227 357 496 454 426 352 386 372 272 339
Tax % 24% 25% 26% 25% 26% 26% 25% 24% 19% 27%
172 269 368 338 317 261 289 284 221 247
EPS in Rs 17.42 27.21 37.30 34.27 32.11 26.38 29.24 28.70 22.40 25.01
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
6,299 6,290 7,264
5,115 4,446 5,695
Operating Profit 1,184 1,844 1,569
OPM % 19% 29% 22%
112 175 167
Interest 9 13 14
Depreciation 231 284 352
Profit before tax 1,056 1,722 1,370
Tax % 25% 26% 24%
790 1,276 1,040
EPS in Rs 79.98 129.22 105.34
Dividend Payout % 20% 23% 28%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -18%
Stock Price CAGR
10 Years: %
5 Years: 9%
3 Years: 22%
1 Year: 6%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Equity Capital 99 99 99
Reserves 4,035 5,031 5,781
115 141 201
1,783 2,110 2,189
Total Liabilities 6,032 7,381 8,270
3,026 4,366 4,854
CWIP 709 823 1,068
Investments 1,310 1,069 1,162
988 1,123 1,186
Total Assets 6,032 7,381 8,270

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
969 1,568 1,406
-649 -1,057 -1,052
-285 -499 -332
Net Cash Flow 35 11 22

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Debtor Days 17 17 18
Inventory Days 3 4 4
Days Payable 26 35 34
Cash Conversion Cycle -7 -13 -11
Working Capital Days -62 -70 -11
ROCE % 36% 24%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50%
25.81% 28.37% 29.73% 30.95% 32.38% 30.51% 30.85% 30.54% 31.49% 34.20% 25.75% 23.76%
16.06% 15.58% 15.61% 14.93% 15.15% 16.10% 17.23% 17.40% 16.67% 15.46% 21.10% 23.82%
10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
15.63% 13.56% 12.15% 11.60% 9.96% 10.89% 9.43% 9.55% 9.32% 7.84% 10.64% 9.92%
No. of Shareholders 2,14,2501,99,7241,81,2221,67,7171,54,3831,53,5821,41,6171,49,7181,47,5401,42,7381,73,9051,67,650

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls