Mahanagar Gas
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Mahanagar Gas

1,114.20
-23.60
(-2.07%)
Market Cap
11,005.82 Cr
PE Ratio
15.70
Volume
1,53,293.00
Day High - Low
1,145.40 - 1,110.60
52W High-Low
1,378.00 - 900.00
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Key Fundamentals
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Market Cap
11,005.82 Cr
EPS
85.15
PE Ratio
15.70
PB Ratio
1.75
Book Value
650.71
EBITDA
1,570.50
Dividend Yield
2.64 %
Industry
Oil & Gas
Return on Equity
13.05
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+76.67 %
+76.67 %
Hold
Hold+13.33 %
+13.33 %
Sell
Sell+10.00 %
+10.00 %
Forecast For
Actual

Company News

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neutral
Mahanagar Gas Limited will participate in virtual investor meetings on August 11-12, 2026. The company confirmed no unpublished price-sensitive information will be shared during these sessions.
positive
Mahanagar Gas Limited submits its fourth BRSR for FY 2025-26, disclosing ESG performance, energy data, workforce metrics, and sustainability initiatives across its CGD operations.
positive
Mahanagar Gas schedules its 31st AGM for August 25, 2026 via VC/OAVM. Record date for final dividend of ₹18 per share is August 18, 2026. FY26 revenue rose 13.58% to ₹9,059.77 crore.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
646.10
#1 71,058.73
114.47
5,932.30
17.92
656
-14.23
39.37
293.00
43,950.00
#1 10.37
#1 43,494.90
-15.96
#1 3,839
35.06
66.13
263.35
25,257.56
14.69
23,614.40
41.44
2,442
84.17
35.98
147.87
20,701.82
15.56
16,167.60
5.93
1,596
-44.39
38.74
1,114.20
#5 11,005.82
#4 15.70
#4 8,365.60
#4 12.59
#4 841
#7 -39.55
48.28
74.80
2,485.16
17.32
4,704.57
#1 47.56
92
#1 204.88
48.90
286.15
1,174.92
16.06
1,066.66
5.62
69
143.17
56.79
37.33
422.09
21.35
314.90
9.04
19
-17.54
49.49

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
12.59 %
Net Income Growth
-19.19 %
Cash Flow Change
-17.37 %
ROE
-26.06 %
ROCE
-23.59 %
EBITDA Margin (Avg.)
-19.68 %

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
Mar 2026
Jun 2026
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
2,081
2,403
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
1,794
2,030
EBITDA
288
423
560
523
497
439
472
460
367
436
532
365
381
288
373
Operating Profit %
15 %
24 %
34 %
30 %
29 %
25 %
26 %
23 %
18 %
20 %
24 %
16 %
17 %
13 %
14 %
Depreciation
59
64
62
66
68
81
83
84
91
93
96
104
104
106
109
Interest
2
2
3
3
3
6
3
3
4
4
5
5
6
5
6
Profit Before Tax
227
357
496
454
426
352
386
373
272
340
431
256
271
176
258
Tax
55
89
127
116
109
92
97
86
51
93
113
65
70
47
65
Net Profit
172
269
368
339
317
261
289
287
221
247
319
191
201
130
193
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
13.15
19.54

Balance Sheet

Balance Sheet
2023
2024
2025
2026
Total Assets
6,032
7,253
8,302
8,981
Fixed Assets
3,026
4,235
4,854
5,392
Current Assets
2,006
1,908
1,946
1,837
Capital Work in Progress
709
823
1,068
1,270
Investments
1,310
1,069
1,162
1,148
Other Assets
988
1,126
1,218
1,172
Total Equity & Liabilities
6,032
7,253
8,302
8,981
Current Liabilities
1,561
1,700
1,875
1,959
Non Current Liabilities
337
410
535
581
Total Equity
4,134
5,143
5,892
6,442
Reserve & Surplus
4,035
5,040
5,779
6,329
Share Capital
99
99
99
99

Cash Flow

Cash Flow
2023
2024
2025
2026
Net Cash Flow
35
12
22
-95
Investing Activities
-649
-1,057
-1,053
-888
Operating Activities
969
1,568
1,407
1,162
Financing Activities
-285
-499
-332
-369

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
Mar 2026
Jun 2026
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 %
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 %
24.14 %
23.21 %
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 %
21.01 %
22.53 %
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 %
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 %
10.43 %
9.99 %
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 %
1.92 %
1.77 %
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
1,84,373
1,78,033

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 30
Dividend Yield (%) 1.98 1.8 2.44 2.99 2.95 2.54 1.17 2.16 3.23 2.69

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
25 Aug 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Aug 2026 1,120.65 1,114.20
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 1,790.70
23 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
23 Aug 2024 1,891.70 1,814.75
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 1,321.60 1,258.30
03 Feb 2025 DIVIDEND Dividend
₹ 12.00 /share
03 Feb 2025 1,258.30 1,374.30
06 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 May 2025 1,333.70 1,404.50
22 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Jul 2025 1,475.90 1,513.30
14 Aug 2025 DIVIDEND Dividend
₹ 18.00 /share
14 Aug 2025 1,404.50 1,343.30
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 1,290.10 1,290.90
07 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Feb 2026 1,043.30 1,152.60
13 Feb 2026 DIVIDEND Dividend
₹ 12.00 /share
13 Feb 2026 1,152.60 1,153.20
07 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 May 2026 1,135.65 1,168.60
30 Jul 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jul 2026 1,067.75 1,104.70
18 Aug 2026 DIVIDEND Dividend
₹ 18.00 /share
18 Aug 2026 1,168.60 1,129.10

Announcements

Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 07, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 04, 2026
Business Responsibility and Sustainability Reporting (BRSR)Aug 03, 2026
Reg. 34 (1) Annual Report.Aug 03, 2026
Notice Of 31St Annual General MeetingAug 03, 2026
Letter Sent To Shareholders - Annual Report FY 2025-26Aug 03, 2026
Record Date For The Purpose Of Payment Of Final Dividend On Equity Shares For FY 2025-26Aug 03, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 31, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationJul 31, 2026
Results - Financial Results For The Quarter Ended June 30 2026Jul 30, 2026
Board Meeting Outcome for Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026Jul 30, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 27, 2026
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2026Jul 24, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 07, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementJun 30, 2026
Closure of Trading WindowJun 26, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 09, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementMay 31, 2026
Announcement under Regulation 30 (LODR)-Change in DirectorateMay 20, 2026
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 20, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 14, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 08, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationMay 08, 2026
Results - Financial Results For The Financial Year Ended March 31 2026May 07, 2026
Corporate Action-Board approves DividendMay 07, 2026
Board Meeting Outcome for Approval Of Audited Standalone And Consolidated Financial Results For The Financial Year Ended March 31 2026May 07, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 04, 2026
Corporate Action-Board to consider DividendMay 04, 2026
Board Meeting Intimation for Considering And Approving The Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31 2026 And Recommendation Of Final Dividend On Equity SharesMay 04, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 17, 2026
Shareholder Meeting / Postal Ballot-Notice of Postal BallotApr 16, 2026
Announcement under Regulation 30 (LODR)-Change in DirectorateApr 10, 2026
Announcement under Regulation 30 (LODR)-CessationApr 10, 2026
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Apr 08, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2026
Closure of Trading WindowMar 24, 2026
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015Mar 11, 2026
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Mar 11, 2026
Announcement under Regulation 30 (LODR)-AcquisitionMar 09, 2026
Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 28, 2026
Announcement under Regulation 30 (LODR)-CessationFeb 28, 2026

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
JioBlackRock Nifty Smallcap 250 Index Fund Direct-Growth
0.30%
491
-0.02%
-0.01%
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct-Growth
0.51%
195
0.01%
-0.07%
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund Direct-Growth
0.53%
47
0.03%
0.53%
DSP Nifty Smallcap 250 Index Fund Direct-Growth
0.30%
30
-0.01%
-0.01%
Zerodha Nifty MidSmallcap400 50:50 Index Fund Direct-Growth
0.15%
27
-0.01%
0.00%
UTI Nifty500 Shariah Index Fund Direct-Growth
0.11%
-8
-0.01%
0.00%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.03%
-3
0.00%
0.00%
DSP Nifty 500 Index Fund Direct-Growth
0.03%
1
0.00%
0.00%
Navi Nifty MidSmallcap 400 Index Fund Direct-Growth
0.10%
-1
-0.01%
0.00%
ICICI Prudential Energy Opportunities Fund Direct-Growth
1.09%
0
0.00%
-0.16%
Parag Parikh Flexi Cap Fund Direct-Growth
0.15%
0
0.00%
0.01%
Axis Nifty 500 Index Fund Direct-Growth
0.03%
0
0.00%
0.00%
Axis Nifty500 Quality 50 Index Fund Direct-Growth
0.00%
0
0.00%
0.00%
Axis Nifty500 Value 50 Index Fund DirectGrowth
0.00%
0
0.00%
0.00%
Axis Small Cap Fund Direct-Growth
0.36%
0
0.00%
-0.10%
Bajaj Finserv Multi Asset Allocation Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bajaj Finserv Multi Cap Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bandhan Flexi Cap Fund Direct-Growth
0.44%
0
0.00%
0.33%
LIC MF Balanced Advantage Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bandhan Multi Asset Allocation Fund Direct-Growth
0.22%
0
0.00%
-0.02%
Bandhan Multi Cap Fund Direct-Growth
0.32%
0
0.00%
0.12%
Bandhan Nifty 500 Value 50 Index Fund Direct-Growth
0.00%
0
0.00%
0.00%
Bandhan Nifty Smallcap 250 Index Fund Direct-Growth
0.30%
0
0.00%
-0.01%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.03%
0
0.00%
0.00%
Baroda BNP Paribas Aggressive Hybrid Fund Direct-Growth
0.48%
0
0.00%
-0.03%

Technical Indicators

RSI(14)
Neutral
48.28
ATR(14)
Volatile
32.92
STOCH(9,6)
Neutral
37.03
STOCH RSI(14)
Neutral
42.23
MACD(12,26)
Bullish
0.61
ADX(14)
Strong Trend
28.55
UO(9)
Bearish
32.36
ROC(12)
Downtrend And Accelerating
-0.08
WillR(14)
Oversold
-80.60

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(10 Years, 1 Month, 23 Days)
Chairperson NameDeepak Gupta