Mahanagar Gas
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Mahanagar Gas

1,133.50
+14.50
(1.30%)
Market Cap
11,196.46 Cr
PE Ratio
11.55
Volume
66,063.00
Day High - Low
1,136.00 - 1,109.10
52W High-Low
1,586.90 - 1,018.60
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Key Fundamentals
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Market Cap
11,196.46 Cr
EPS
105.33
PE Ratio
11.55
PB Ratio
1.78
Book Value
628.98
EBITDA
1,736.60
Dividend Yield
2.68 %
Industry
Oil & Gas
Return on Equity
17.65
Debt to Equity
0.03
Analyst Rating and Forecast
- By Refinitiv from30 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+70.00 %
+70.00 %
Hold
Hold+16.67 %
+16.67 %
Sell
Sell+13.33 %
+13.33 %
Forecast For
Actual

Company News

View All News
Caret
positive
Mahanagar Gas Limited reports 7.19% YoY volume growth to 4.62 MMSCMD in Q3FY26, with EBITDA rising to INR352 crores and net profit at INR202 crores. Board approves 120% interim dividend.
neutral
Mahanagar Gas reports Q3FY26 revenue of ₹2,265.97 crore, up 11.6% YoY. Net profit at ₹201.97 crore, down 9.5% YoY. Board declares interim dividend of ₹12 per share with February 13, 2026 record date.
neutral
Mahanagar Gas Limited has scheduled its board meeting for February 07, 2026, to approve Q3FY26 financial results and consider interim dividend declaration for shareholders.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
519.20
#1 57,102.14
89.44
5,030.70
11.33
654
11.38
38.53
306.65
45,997.50
12.44
#1 51,755.00
-2.97
#1 3,884
-3.56
61.79
405.15
27,890.13
24.16
16,695.20
5.69
1,148
20.72
41.47
168.20
23,548.03
14.19
15,261.90
7.02
1,713
20.47
37.02
1,133.50
#5 11,196.46
#1 11.55
#4 7,430.40
#2 14.93
#4 1,040
#7 -9.09
54.67
31.64
1,051.21
11.97
3,188.20
#1 17.49
88
-19.01
42.36
237.45
974.96
21.95
1,009.90
10.46
47
38.61
37.60
235.40
241.97
17.31
288.80
6.22
14
#1 3,700.00
58.25
Growth Rate
Revenue Growth
14.93 %
Net Income Growth
-19.02 %
Cash Flow Change
-10.34 %
ROE
-29.34 %
ROCE
-30.99 %
EBITDA Margin (Avg.)
-25.17 %

Quarterly Financial Results

Quarterly Financials
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Revenue
1,704
1,644
1,577
1,615
1,617
1,657
1,701
1,833
1,889
2,006
2,115
2,079
2,090
Expenses
1,415
1,221
1,017
1,092
1,120
1,218
1,229
1,373
1,523
1,570
1,583
1,714
1,709
EBITDA
288
423
560
523
497
439
472
460
367
436
532
365
381
Operating Profit %
15 %
24 %
34 %
30 %
29 %
25 %
26 %
23 %
18 %
20 %
24 %
16 %
17 %
Depreciation
59
64
62
66
68
81
83
84
91
93
96
104
104
Interest
2
2
3
3
3
6
3
3
4
4
5
5
6
Profit Before Tax
227
357
496
454
426
352
386
373
272
340
431
256
271
Tax
55
89
127
116
109
92
97
86
51
93
113
65
70
Net Profit
172
269
368
339
317
261
289
287
221
247
319
191
201
EPS in ₹
17.42
27.21
37.30
34.27
32.11
26.38
29.23
29.03
22.39
25.01
32.26
19.37
20.36

Balance Sheet

Balance Sheet
2023
2024
2025
Total Assets
6,032
7,253
8,270
Fixed Assets
3,026
4,235
4,854
Current Assets
2,006
1,908
1,946
Capital Work in Progress
709
823
1,068
Investments
1,310
1,069
1,162
Other Assets
988
1,126
1,186
Total Liabilities
6,032
7,253
8,270
Current Liabilities
1,561
1,700
1,875
Non Current Liabilities
337
410
501
Total Equity
4,134
5,143
5,895
Reserve & Surplus
4,035
5,040
5,781
Share Capital
99
99
99

Cash Flow

Cash Flow
2023
2024
2025
Net Cash Flow
35
12
22
Investing Activities
-649
-1,057
-1,052
Operating Activities
969
1,568
1,406
Financing Activities
-285
-499
-332

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Promoter
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
32.50 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
30.55 %
31.49 %
34.20 %
25.75 %
23.76 %
25.48 %
23.60 %
24.89 %
DIIs
16.75 %
17.96 %
17.39 %
18.99 %
17.21 %
15.92 %
15.47 %
15.61 %
14.93 %
15.16 %
15.50 %
16.72 %
17.40 %
16.67 %
15.47 %
21.10 %
23.82 %
22.52 %
22.89 %
20.83 %
Government
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
10.00 %
Public / Retail
7.82 %
8.11 %
8.70 %
11.11 %
13.05 %
13.27 %
11.66 %
10.58 %
9.94 %
8.62 %
9.27 %
7.98 %
8.03 %
7.85 %
6.51 %
8.70 %
8.09 %
7.99 %
9.32 %
10.09 %
Others
32.93 %
31.43 %
31.41 %
27.40 %
27.24 %
28.30 %
30.37 %
31.32 %
32.62 %
33.73 %
32.73 %
32.80 %
1.52 %
1.49 %
1.33 %
1.94 %
1.83 %
1.51 %
1.69 %
1.70 %
No of Share Holders
1,48,404
1,53,827
1,64,038
1,92,455
2,18,221
2,14,250
1,99,724
1,81,222
1,67,717
1,54,383
1,53,582
1,41,617
1,49,718
1,47,540
1,42,738
1,73,905
1,67,650
1,66,589
1,78,576
1,79,761

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 19 19 20 35 23 25 16 30 30 0.00
Dividend Yield (%) 1.98 1.8 2.44 2.99 2.95 2.54 1.17 2.16 2.65 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
22 Feb 2021 DIVIDEND Dividend
₹ 9.00 /share
18 Feb 2021 1,110.95 1,183.05
21 Sept 2021 DIVIDEND Dividend
₹ 14.00 /share
17 Sept 2021 1,130.80 1,107.55
18 Feb 2022 DIVIDEND Dividend
₹ 9.50 /share
17 Feb 2022 832.50 776.25
17 Aug 2022 DIVIDEND Dividend
₹ 15.50 /share
11 Aug 2022 762.40 921.60
14 Feb 2023 DIVIDEND Dividend
₹ 10.00 /share
14 Feb 2023 880.00 891.35
16 Aug 2023 DIVIDEND Dividend
₹ 16.00 /share
14 Aug 2023 979.95 985.55
05 Feb 2024 DIVIDEND Dividend
₹ 12.00 /share
05 Feb 2024 1,314.90 1,476.95
14 Aug 2024 DIVIDEND Dividend
₹ 18.00 /share
14 Aug 2024 1,378.85 1,790.65
23 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
23 Aug 2024 1,891.45 1,815.45
24 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
24 Oct 2024 1,760.65 1,577.90
28 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Jan 2025 1,321.35 1,258.75
03 Feb 2025 DIVIDEND Dividend
₹ 12.00 /share
03 Feb 2025 1,258.75 1,374.30
06 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 May 2025 1,333.70 1,404.85
22 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Jul 2025 1,475.65 1,513.30
14 Aug 2025 DIVIDEND Dividend
₹ 18.00 /share
14 Aug 2025 1,404.85 1,343.70
22 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
22 Aug 2025 1,412.40 1,329.75
29 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Oct 2025 1,290.45 1,291.05
07 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Feb 2026 1,043.35 1,153.30
13 Feb 2026 DIVIDEND Dividend
₹ 12.00 /share
13 Feb 2026 1,153.30 1,150.30

Announcements

Announcement under Regulation 30 (LODR)-Earnings Call Transcript5 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 09, 2026
Communication On Tax Deduction At Source On Interim Dividend For The Financial Year 2025-26Feb 09, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 09, 2026
Record Date For Interim Dividend For The FY 2025-26Feb 07, 2026
Corporate Action-Board approves DividendFeb 07, 2026
Results - Financial Results For The Quarter And Nine Months Ended December 31 2025Feb 07, 2026
Board Meeting Outcome for Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended December 31 2025Feb 07, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 29, 2026
Corporate Action-Board to consider DividendJan 29, 2026
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31 2025 And Declaration Of Interim DividendJan 29, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 05, 2026
Closure of Trading WindowDec 24, 2025
Announcement under Regulation 30 (LODR)-Credit RatingNov 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 19, 2025
Announcement Under Regulation 30 (LODR) - Update On Clarification On Media Reports Regarding CNG Supply InterruptionNov 18, 2025
Clarification sought from Mahanagar Gas LtdNov 18, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateNov 18, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportNov 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 11, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 30, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 30, 2025
Results - Financial Results For The Quarter And Half Year Ended September 30 2025Oct 29, 2025
Board Meeting Outcome for Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30 2025Oct 29, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 24, 2025
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025Oct 22, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 16, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotOct 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 06, 2025
Closure of Trading WindowSep 25, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateSep 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 26, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 25, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 25, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 22, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 22, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 22, 2025
Effective Date Of The Scheme Of AmalgamationAug 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 04, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
JioBlackRock Flexi Cap Fund Direct-Growth
0.10%
-47791
-0.23%
-0.29%
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth
0.32%
765
-0.01%
-0.03%
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct - Growth
0.59%
36
-0.02%
-0.32%
DSP Nifty 500 Index Fund Direct-Growth
0.03%
34
0.03%
0.03%
DSP Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
33
-0.01%
0.31%
Navi Nifty MidSmallcap 400 Index Fund Direct - Growth
0.11%
6
0.00%
0.11%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.03%
3
0.00%
0.00%
Invesco India Arbitrage Fund Direct-Growth
0.00%
0
0.00%
0.00%
Sundaram Balanced Advantage Fund Direct-Growth
0.00%
0
0.00%
0.00%
Aditya Birla Sun Life Retirement Fund - The 30s Plan Direct-Growth
0.70%
0
0.00%
-0.03%
Aditya Birla Sun Life Value Direct Fund-Growth
0.86%
0
0.00%
-0.04%
Angel One Nifty Total Market Index Fund Direct - Growth
0.03%
0
0.00%
0.00%
Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct - Growth
0.00%
0
0.00%
-0.62%
Axis Arbitrage Fund Direct-Growth
0.00%
0
0.00%
0.00%
Axis Nifty 500 Index Fund Direct-Growth
0.03%
0
0.00%
0.00%
Axis Nifty Smallcap 50 Index Fund Direct-Growth
0.00%
0
0.00%
0.00%
Axis Nifty500 Quality 50 Index Fund Direct-Growth
0.00%
0
0.00%
-0.95%
Axis Nifty500 Value 50 Index Fund DirectGrowth
0.18%
0
0.00%
0.01%
Axis Small Cap Fund Direct-Growth
0.48%
0
0.00%
-0.02%
Bajaj Finserv Arbitrage Fund Direct-Growth
0.00%
0
0.00%
0.00%
LIC MF Balanced Advantage Fund Direct - Growth
0.52%
0
0.00%
-0.02%
Bajaj Finserv Multi Cap Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bandhan Arbitrage Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bandhan Business Cycle Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bandhan Infrastructure Fund Direct Plan-Growth
0.60%
0
0.00%
-0.08%

Technical Indicators

RSI(14)
Neutral
54.67
ATR(14)
Less Volatile
33.07
STOCH(9,6)
Neutral
35.11
STOCH RSI(14)
Neutral
48.67
MACD(12,26)
Bullish
2.27
ADX(14)
Weak Trend
18.03
UO(9)
Bearish
49.54
ROC(12)
Uptrend And Accelerating
5.23
WillR(14)
Neutral
-44.17

About Mahanagar Gas

Mahanagar Gas Limited (MGL) is a major city gas distribution company in India, operating in Mumbai, Thane, and Raigad district of Maharashtra. It distributes compressed natural gas (CNG) for vehicles and piped natural gas (PNG) for domestic, commercial, and industrial use through an extensive pipeline network. MGL was incorporated in...more
Listing Date
01 Jul, 2016(9 Years, 51 days)
Chairperson NameSandeep Kumar Gupta