| Quarterly Financials | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 |
Revenue  | 1,704 | 1,644 | 1,577 | 1,615 | 1,617 | 1,657 | 1,701 | 1,833 | 1,889 | 2,006 |
| Expenses | 1,415 | 1,221 | 1,017 | 1,092 | 1,120 | 1,218 | 1,229 | 1,373 | 1,523 | 1,570 |
| EBITDA | 288 | 423 | 560 | 523 | 497 | 439 | 472 | 460 | 367 | 436 |
| Operating Profit % | 15 % | 24 % | 34 % | 30 % | 29 % | 25 % | 26 % | 23 % | 18 % | 20 % |
| Depreciation | 59 | 64 | 62 | 66 | 68 | 81 | 83 | 85 | 91 | 93 |
| Interest | 2 | 2 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 4 |
| Profit Before Tax | 227 | 357 | 496 | 454 | 426 | 352 | 386 | 372 | 272 | 340 |
| Tax | 55 | 89 | 127 | 116 | 109 | 92 | 97 | 89 | 51 | 93 |
| Net Profit | 172 | 269 | 368 | 339 | 317 | 261 | 289 | 284 | 221 | 247 |
| EPS in ₹ | 17.42 | 27.21 | 37.30 | 34.27 | 32.11 | 26.38 | 29.23 | 28.70 | 22.39 | 25.01 |
Mahanagar Gas
1,362.50
-6.40
(-0.47%)
Q4 Quarterly Results are out. Check out the updated financials1 day ago
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Market Cap
13,458.47 Cr
EPS
129.22
PE Ratio
12.99
Dividend Yield
2.19 %
Industry
Oil & Gas52 Week High
1,988.00
52 Week Low
1,075.25
PB Ratio
2.30
Debt to Equity
0.03
Sector
Gas Supplier
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from29 analysts
Company News
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Mahanagar Gas Reports Strong Q4 Results, Declares Dividend2 days ago
Mahanagar Gas has reported a Q4 net profit of 2.5 billion rupees, up from 2.25 billion rupees in the previous quarter, exceeding estimates of 2.11 billion rupees. Revenue for the quarter stood at 20.4 billion rupees, an increase from 19.3 billion rupees year-over-year, and above the estimated 17.84 billion rupees. The company has also declared a dividend of 18 rupees per equity share.
Mahanagar Gas Ltd: Q4 Profit Surges, Beats Estimates, Declares ₹18 Dividend2 days ago
Mahanagar Gas Ltd reported Q4 net profit of ₹252.2 crore, up 11.9% QoQ. Revenue rose to ₹1,865 crore, EBITDA grew 20.5% to ₹378.4 crore. Operating margin improved to 20.3%. Board recommends final dividend of ₹18 per share, totaling ₹30 for FY25.
Mahanagar Gas Reports Strong Q4 Results and Declares Dividend2 days ago
Mahanagar Gas has announced a dividend of 18 rupees per equity share. The company's Q4 EBITDA increased to 3.8 billion rupees from 3.14 billion rupees quarter-over-quarter, exceeding estimates of 3.21 billion. EBITDA margin improved to 18.59% from 16.28% in the previous quarter. Q4 net profit rose to 2.5 billion rupees from 2.25 billion rupees, surpassing expectations of 2.11 billion. Revenue for Q4 reached 20.4 billion rupees, up from 19.3 billion rupees year-over-year, also beating estimates of 17.84 billion.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
601.10 | #1 66,109.58 | 102.43 | 4,518.80 | 2.35 | 668 | -7.98 | 47.05 | |
307.95 | 46,192.50 | #1 12.58 | #1 53,337.80 | -11.73 | #1 3,527 | -25.66 | 54.02 | |
452.25 | 31,132.44 | 25.04 | 15,796.30 | -6.31 | 1,144 | 0.00 | 55.84 | |
199.71 | 27,959.43 | 16.29 | 14,261.00 | -0.62 | 1,983 | #1 4.59 | 56.91 | |
1,362.50 | #5 13,458.47 | #2 12.99 | #4 6,465.00 | #3 0.84 | #3 1,276 | #3 -5.22 | 53.10 | |
50.45 | 1,676.16 | 22.85 | 2,713.50 | #1 22.57 | 105 | -4.01 | 42.37 | |
261.85 | 1,075.15 | 22.19 | 914.30 | -7.28 | 92 | -57.56 | 35.10 |
Growth Rate
Revenue Growth
0.84 %
Net Income Growth
61.55 %
Cash Flow Change
61.75 %
ROE
30.09 %
ROCE
28.21 %
EBITDA Margin (Avg.)
54.46 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2023 | 2024 |
| Total Assets | 6,032 | 7,381 |
| Fixed Assets | 3,026 | 4,366 |
| Current Assets | 2,006 | 1,908 |
| Capital Work in Progress | 709 | 823 |
| Investments | 1,310 | 1,069 |
| Other Assets | 988 | 1,123 |
| Total Liabilities | 6,032 | 7,381 |
| Current Liabilities | 1,561 | 1,700 |
| Non Current Liabilities | 337 | 546 |
| Total Equity | 4,134 | 5,135 |
| Reserve & Surplus | 4,035 | 5,031 |
| Share Capital | 99 | 99 |
Cash Flow
| Cash Flow | 2023 | 2024 |
| Net Cash Flow | 35 | 12 |
| Investing Activities | -649 | -1,057 |
| Operating Activities | 969 | 1,568 |
| Financing Activities | -285 | -499 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 19 | 19 | 20 | 35 | 23 | 25 | 16 | 30 | 0.00 |
| Dividend Yield (%) | 0.00 | 1.98 | 1.8 | 2.44 | 2.99 | 2.95 | 2.54 | 1.17 | 2.16 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 06 May 2025 |  Quarterly Result Announcement | NA | 06 May 2025 | 1,333.70 | 1,404.85 |
| 03 Feb 2025 |  Dividend | ₹ 12.00 /share | 03 Feb 2025 | 1,258.75 | 1,374.30 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 1,321.35 | 1,258.75 |
| 24 Oct 2024 | Quarterly Result Announcement | NA | 24 Oct 2024 | 1,760.65 | 1,577.90 |
| 23 Aug 2024 |  Annual General Meeting | NA | 23 Aug 2024 | 1,891.45 | 1,815.45 |
| 14 Aug 2024 | Dividend | ₹ 18.00 /share | 14 Aug 2024 | 1,378.85 | 1,790.65 |
| 05 Feb 2024 | Dividend | ₹ 12.00 /share | 05 Feb 2024 | 1,314.90 | 1,476.95 |
| 16 Aug 2023 | Dividend | ₹ 16.00 /share | 14 Aug 2023 | 979.95 | 985.55 |
| 14 Feb 2023 | Dividend | ₹ 10.00 /share | 14 Feb 2023 | 880.00 | 891.35 |
| 17 Aug 2022 | Dividend | ₹ 15.50 /share | 11 Aug 2022 | 762.40 | 921.60 |
| 18 Feb 2022 | Dividend | ₹ 9.50 /share | 17 Feb 2022 | 832.50 | 776.25 |
| 21 Sept 2021 | Dividend | ₹ 14.00 /share | 17 Sept 2021 | 1,130.80 | 1,107.55 |
| 22 Feb 2021 | Dividend | ₹ 9.00 /share | 18 Feb 2021 | 1,110.95 | 1,183.05 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Investor Presentation2 days ago
2 days agoAppointment Of Secretarial Auditors - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 20152 days ago
2 days agoResults - Financial Results For The Quarter And Financial Year Ended March 31 20252 days ago
2 days agoCorporate Action-Board approves Dividend2 days ago
2 days agoBoard Meeting Outcome for Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31 20253 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
9 days agoBoard Meeting Intimation for Considering And Approving The Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31 2025 And Recommendation Of Final Dividend On Equity Shares10 days ago
10 days agoDisclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Disclosure Of Material EventsApr 15, 2025
Apr 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 08, 2025
Apr 08, 2025Closure of Trading WindowMar 25, 2025
Mar 25, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMar 20, 2025
Mar 20, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 20, 2025
Mar 20, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMar 20, 2025
Mar 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 27, 2025
Feb 27, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 15, 2025
Feb 15, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotFeb 14, 2025
Feb 14, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2025
Feb 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2025
Feb 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2025
Feb 13, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 04, 2025
Feb 04, 2025Announcement under Regulation 30 (LODR)-AcquisitionFeb 03, 2025
Feb 03, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJan 29, 2025
Jan 29, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJan 29, 2025
Jan 29, 2025Integrated Filing (Financial)Jan 28, 2025
Jan 28, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJan 28, 2025
Jan 28, 2025Corporate Action-Board approves DividendJan 28, 2025
Jan 28, 2025Financial Results For The Quarter And Nine Months Ended December 31 2024Jan 28, 2025
Jan 28, 2025Outcome Of Board Meeting For Approval Of Financial Results For The Quarter And Nine Months Ended December 31 2024 Declaration Of Interim Dividend And Other AgendaJan 28, 2025
Jan 28, 2025Board Meeting Outcome for Outcome Of Board Meeting For The Approval Of Financial Results For The Quarter And Nine Months Ended December 31 2024Jan 28, 2025
Jan 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 23, 2025
Jan 23, 2025Corporate Action - Revised Record Date For Declaration Of Interim Dividend For The FY 2024-25Jan 21, 2025
Jan 21, 2025Corporate Action - Record Date For Declaration Of Interim Dividend For The FY 2024-25Jan 20, 2025
Jan 20, 2025Corporate Action-Board to consider DividendJan 20, 2025
Jan 20, 2025Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2024 And Interim Dividend
Jan 20, 2025
Jan 20, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) .Jan 19, 2025
Jan 19, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Disclosure Of Material EventsJan 09, 2025
Jan 09, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Disclosure Of Material EventsJan 09, 2025
Jan 09, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 07, 2025
Jan 07, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJan 06, 2025
Jan 06, 2025Announcement under Regulation 30 (LODR)-CessationJan 06, 2025
Jan 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationDec 10, 2024
Dec 10, 2024Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011Nov 26, 2024
Nov 26, 2024Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Disclosure Of Material EventsNov 15, 2024
Nov 15, 2024Announcement under Regulation 30 (LODR)-Change in DirectorateNov 12, 2024
Nov 12, 2024Shareholder Meeting / Postal Ballot-Scrutinizers ReportNov 12, 2024
Nov 12, 2024Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotNov 12, 2024
Nov 12, 2024Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 07, 2024
Nov 07, 2024Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsNov 07, 2024
Nov 07, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2024
Nov 07, 2024Technical Indicators
RSI(14)
Neutral 54.00
ATR(14)
Less Volatile 54.32
STOCH(9,6)
Neutral 75.42
STOCH RSI(14)
Neutral 73.19
MACD(12,26)
Bullish 6.93
ADX(14)
Weak Trend 10.38
UO(9)
Bearish 55.45
ROC(12)
Uptrend But Slowing Down 1.89
WillR(14)
Neutral -37.01
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 1995 as a joint venture between GAIL, BG Group UK, and the Government of Maharashtra. The company has expanded its operations over the years, increasing its pipeline network, CNG stations, and customer base. As of 2023, MGL has over 5,000 km of polyethylene pipelines, 476 km of steel pipelines, and 256 CNG filling stations. The company also offers PNG for various industries and has recently introduced electric vehicle charging facilities at some CNG stations.
Listing Date
01 Jul, 2016(8 Years,
38 days)
Website
Chairperson NameSandeep Kumar Gupta
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