Mahanagar Gas Ltd

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

Mahanagar Gas Ltd

₹ 1,077 -1.63%
01 Jun - 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 ₹ 10,706 Cr.
  • Current Price ₹ 1,077
  • High / Low ₹ 1,587 / 900
  • Stock P/E 12.7
  • Book Value ₹ 651
  • Dividend Yield 2.78 %
  • ROCE 18.1 %
  • ROE 13.7 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

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

Energy Oil, Gas & Consumable Fuels Gas LPG/CNG/PNG/LNG Supplier

Part of BSE 500 Nifty 500 Nifty Energy Nifty500 Shariah BSE Energy

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,610 1,538 1,571 1,569 1,613 1,666 1,786 1,847 1,964 2,083 2,050 2,060 2,052
1,221 1,017 1,092 1,120 1,218 1,229 1,373 1,523 1,570 1,583 1,714 1,709 1,794
Operating Profit 390 521 479 449 395 437 413 325 394 500 336 351 258
OPM % 24% 34% 30% 29% 24% 26% 23% 18% 20% 24% 16% 17% 13%
34 39 44 48 44 36 47 42 42 32 29 30 29
Interest 2 3 2 3 6 3 3 3 4 5 5 6 5
Depreciation 64 62 66 68 81 83 84 91 93 96 104 104 106
Profit before tax 357 496 454 426 352 386 373 272 339 431 256 271 176
Tax % 25% 26% 25% 26% 26% 25% 23% 19% 27% 26% 25% 26% 26%
269 368 338 317 261 289 287 221 247 319 191 201 130
EPS in Rs 27.21 37.30 34.27 32.11 26.38 29.24 29.03 22.40 25.01 32.26 19.37 20.36 13.15
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
6,299 6,290 7,264 8,246
5,115 4,446 5,695 6,800
Operating Profit 1,184 1,844 1,569 1,446
OPM % 19% 29% 22% 18%
112 175 167 120
Interest 9 13 14 21
Depreciation 231 277 352 410
Profit before tax 1,056 1,728 1,370 1,135
Tax % 25% 26% 24% 26%
790 1,285 1,040 841
EPS in Rs 79.98 130.06 105.34 85.15
Dividend Payout % 20% 23% 28% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 9%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 2%
TTM: -14%
Stock Price CAGR
10 Years: %
5 Years: -2%
3 Years: 1%
1 Year: -19%
Return on Equity
10 Years: %
5 Years: %
3 Years: 19%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 99 99 99 99
Reserves 4,035 5,040 5,781 6,329
115 141 201 223
1,783 1,974 2,189 2,331
Total Liabilities 6,032 7,253 8,270 8,981
3,026 4,235 4,854 5,392
CWIP 709 823 1,068 1,270
Investments 1,310 1,069 1,162 1,148
988 1,126 1,186 1,171
Total Assets 6,032 7,253 8,270 8,981

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
969 1,568 1,406 1,162
-649 -1,057 -1,052 -888
-285 -499 -332 -369
Net Cash Flow 35 11 22 -95
Free Cash Flow 257 786 229 88
CFO/OP 104% 108% 107% 99%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 17 17 18 20
Inventory Days 3 4 4 4
Days Payable 26 35 34 31
Cash Conversion Cycle -7 -13 -11 -7
Working Capital Days -63 -72 -66 -10
ROCE % 34% 23% 18%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Gas Sales Volume
MMSCMD

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CNG Stations
Numbers
Pipeline Length - Total
Kilometers
PNG Domestic Households Connected
Lakhs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50% 32.50%
32.38% 30.51% 30.85% 30.54% 31.49% 34.20% 25.75% 23.76% 25.48% 23.59% 24.89% 24.13%
15.15% 16.10% 17.23% 17.40% 16.67% 15.46% 21.10% 23.82% 22.52% 22.89% 20.83% 21.01%
10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
9.96% 10.89% 9.43% 9.55% 9.32% 7.84% 10.64% 9.92% 9.50% 11.01% 11.79% 12.34%
No. of Shareholders 1,54,3831,53,5821,41,6171,49,7181,47,5401,42,7381,73,9051,67,6501,66,5891,78,5761,79,7611,84,373

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls