Mahanagar Gas

1,389.30
+21.95
(1.61%)
Market Cap
13,723.20 Cr
EPS
129.22
PE Ratio
12.92
Dividend Yield
2.19 %
Industry
Oil & Gas
52 Week High
1,988.00
52 Week Low
1,075.25
PB Ratio
2.44
Debt to Equity
0.03
Add Ratio
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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
BUY
Analysts have suggested that investors can buy this stock
Buy+68.97 %
+68.97 %
Hold+13.79 %
+13.79 %
Sell+17.24 %
+17.24 %
Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
627.45
#1 69,007.58
100.82
4,518.80
2.35
668
-19.37
51.93
296.05
44,407.50
#1 12.11
#1 53,337.80
-11.73
#1 3,527
-25.66
49.10
414.05
28,502.79
22.99
15,796.30
-6.31
1,144
0.00
52.80
202.78
28,389.23
16.14
14,261.00
-0.62
1,983
-31.57
52.48
49.00
1,627.98
21.66
2,713.50
#1 22.57
105
#1 -4.01
34.85
280.80
1,152.96
22.75
914.30
-7.28
92
-57.56
51.93
Mahanagar Gas
this company
1,389.30
#5 13,723.20
#2 12.92
#4 6,465.00
#3 0.84
#3 1,276
#4 -30.26
57.58
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

Quarterly Financials
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Revenue
1,704
1,644
1,577
1,615
1,617
1,657
1,701
1,833
1,889
Expenses
1,415
1,221
1,017
1,092
1,120
1,218
1,229
1,373
1,523
EBITDA
288
423
560
523
497
439
472
460
367
Operating Profit %
15 %
24 %
34 %
30 %
29 %
25 %
26 %
23 %
18 %
Depreciation
59
64
62
66
68
88
83
85
91
Interest
2
2
3
3
3
6
3
3
4
Profit Before Tax
227
357
496
454
426
346
386
372
272
Tax
55
89
127
116
109
94
97
89
51
Net Profit
172
269
368
339
317
252
289
284
221
EPS in ₹
17.42
27.21
37.30
34.27
32.11
25.54
29.23
28.70
22.39

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
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 %
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 %
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 %
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 %
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 %
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 %
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

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 2.19 0.00

Corporate Action

Announcements

Closure of Trading Window2 days ago
Announcement under Regulation 30 (LODR)-Change in Directorate7 days ago
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report7 days ago
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot7 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 27, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 15, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotFeb 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 13, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 04, 2025
Announcement under Regulation 30 (LODR)-AcquisitionFeb 03, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJan 29, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJan 29, 2025
Integrated Filing (Financial)Jan 28, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateJan 28, 2025
Corporate Action-Board approves DividendJan 28, 2025
Financial Results For The Quarter And Nine Months Ended December 31 2024Jan 28, 2025
Outcome 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
Board 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
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 23, 2025
Corporate Action - Revised Record Date For Declaration Of Interim Dividend For The FY 2024-25Jan 21, 2025
Corporate Action - Record Date For Declaration Of Interim Dividend For The FY 2024-25Jan 20, 2025
Corporate Action-Board to consider DividendJan 20, 2025
Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2024 And Interim Dividend Jan 20, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) .Jan 19, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Disclosure Of Material EventsJan 09, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Disclosure Of Material EventsJan 09, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 07, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateJan 06, 2025
Announcement under Regulation 30 (LODR)-CessationJan 06, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationDec 10, 2024
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011Nov 26, 2024
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Disclosure Of Material EventsNov 15, 2024
Announcement under Regulation 30 (LODR)-Change in DirectorateNov 12, 2024
Shareholder Meeting / Postal Ballot-Scrutinizers ReportNov 12, 2024
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotNov 12, 2024
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 07, 2024
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsNov 07, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2024
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 30, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 25, 2024
Announcement under Regulation 30 (LODR)-Scheme of ArrangementOct 24, 2024
Financial Results For The Quarter And Half Year Ended September 30, 2024Oct 24, 2024
Board Meeting Outcome for For Approval Of Financial Results For The Quarter And Half Year Ended September 30, 2024Oct 24, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 21, 2024

Technical Indicators

RSI(14)
Neutral
57.58
ATR(14)
Volatile
42.90
STOCH(9,6)
Neutral
76.09
STOCH RSI(14)
Neutral
58.65
MACD(12,26)
Bullish
7.02
ADX(14)
Weak Trend
13.55
UO(9)
Bearish
48.74
ROC(12)
Uptrend And Accelerating
6.94
WillR(14)
Neutral
-24.26

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, 55 days)
Chairperson NameSandeep Kumar Gupta