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Mahanagar Gas Limited

Mahanagar Gas Limited

MGL Share Price

NSE
1,092.600.02% (-0.20)
High
Low
Returns
1D
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1M
1Y
5Y
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1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹11,005 cr, stock is ranked 581

Stock is 2.25x as volatile as Nifty

MGL Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹11,005 cr, stock is ranked 581

Stock is 2.25x as volatile as Nifty

MGL Performance & Key Metrics

MGL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
15.381.712.69%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
26.322.941.21%

MGL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
86%
Analysts have suggested that investors can buy this stock

from 28 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

MGL Company Profile

Mahanagar Gas Limited is a natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas.

Investor Presentation

View older View older 

Oct 30, 2025

PDF
View Older Presentations
PE Ratio
14.91
14.91
1Y Return
0.07%
0.07%
Buy Reco %
70.00
70.00
PE Ratio
108.37
108.37
1Y Return
7.42%
7.42%
Buy Reco %
0.00
0.00
PE Ratio
12.24
12.24
1Y Return
28.72%
28.72%
Buy Reco %
56.00
56.00
PE Ratio
13.36
13.36
1Y Return
28.58%
28.58%
Buy Reco %
85.19
85.19
PE Ratio
13.63
13.63
1Y Return
18.64%
18.64%
Buy Reco %
50.00
50.00
Compare with Peers

MGL Sentiment Analysis

MGL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MGL Stock Summary · May 2026

Supply disruptions tied to the West Asia/Iran crisis and Strait of Hormuz incidents were the dominant issue, producing a March volume shortfall of roughly 1.25–1.3 lakh scmd and contributing to weaker results, with FY2025–26 EBITDA down to INR 1,451 crore. Management conveyed a pragmatic, operational tone focused on prioritising domestic and critical commercial customers while deliberately curtailing large industrial allocations, accelerating household and vehicle connections and expanding the CNG network to support demand. They stressed that rising blended feedstock costs have compressed near‑term margins, prompting an immediate CNG price adjustment and the option to consider further domestic price moves if elevated costs persist, while reiterating planned capex to sustain network growth. Management acknowledged tension between strong customer additions and diluted per‑connection consumption in suburban rollouts, noted execution constraints from labour shortages and monsoon season, and said curtailment has eased; if that normalization continues, industrial and commercial volumes are expected to return to normal growth.

MGL Stock Growth Drivers
MGL Stock Growth Drivers
7
  • Network and customer-base expansion

    The company recorded meaningful infrastructure and customer additions during the quarter and fiscal year, materially

  • Sustained volume growth driven by CNG and industrial/commercial demand

    Operational volumes expanded across segments with quarter average gas sales rising to 4.672 mmscmd (a

MGL Stock Challenges
MGL Stock Challenges
6
  • Material Supply Disruptions and Curtailments Causing Immediate Volume Loss

    Geopolitical disruption in West Asia and Gulf routing has materially reduced delivered LNG and other

  • Contracted Supply Unreliability and Increased Reliance on Spot Purchases

    Term and formula‑linked contracts have proven variable and not fully deliverable amid force majeure and

MGL Forecast

MGL Forecasts

Price

Revenue

Earnings

MGL

MGL

Income

Balance Sheet

Cash Flow

MGL Income Statement

MGL Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue1,656.741,701.411,833.181,889.402,006.402,115.162,079.422,089.842,081.152,403.15
Operating & Other expensessubtract1,217.571,229.011,372.831,522.621,570.231,583.111,714.411,708.931,793.692,030.25
Depreciation/Amortizationsubtract81.2483.2984.2691.0792.5296.09103.98103.55106.26108.96
Interest & Other Itemssubtract5.603.203.203.494.174.575.126.404.875.93
Taxes & Other Itemssubtract91.7597.1386.1050.9892.44112.7164.5469.8146.3965.01
EPS26.3829.2329.0322.3925.0132.2619.3720.3613.1519.54

MGL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual report

PDF

Investor Presentation

Oct 30PDF
Jul 23PDF
Jul 23PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Jun 6PDF
May 7PDF
Jan 29PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF

Investor Presentation

Jul 6PDF
FY 2020FY 2020

Annual report

PDF

Investor Presentation

Aug 23PDF
FY 2019FY 2019

Annual report

PDF

Investor Presentation

Nov 19PDF
Aug 10PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
 

MGL Stock Peers

MGL Past Performance & Peer Comparison

MGL Past Performance & Peer Comparison

Comparing 3 stocks from 
UtilitiesGas Distribution

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Mahanagar Gas Limited13.081.712.69%
Gail (India) Ltd14.911.273.20%
Adani Total Gas Ltd108.3714.610.04%
Gujarat Energy Ltd12.242.912.48%

MGL Stock Price Comparison

Compare MGL with any stock or ETF
Compare MGL with any stock or ETF
MGL
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MGL Holdings

MGL Shareholdings

MGL Promoter Holdings Trend

MGL Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MGL Institutional Holdings Trend

MGL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

MGL Shareholding Pattern

MGL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding32.50%11.18%11.35%23.21%21.76%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

MGL Shareholding History

MGL Shareholding History

MarJunSepDec '25MarJun23.76%25.48%23.60%24.89%24.14%23.21%

Mutual Funds Invested in MGL

Mutual Funds Invested in MGL

No mutual funds holding trends are available

Top 5 Mutual Funds holding Mahanagar Gas Limited




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.9117%0.15%0.12%35/152 (+25)
1.6544%0.88%-0.06%45/132 (0)
0.9726%0.36%-0.12%66/147 (-5)

Compare 3-month MF holding change on Screener

MGL Insider Trades & Bulk Stock Deals

MGL Insider Trades & Bulk Stock Deals

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smallcases containing MGL stock

smallcases containing MGL stock

Looks like this stock is not in any smallcase yet.

MGL Events

MGL Events

MGL Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

MGL Dividend Trend

No dividend trend available

MGL Upcoming Dividends

MGL Upcoming Dividends

No upcoming dividends are available

MGL Past Dividends

MGL Past Dividends

Cash Dividend

Ex DateEx DateAug 18, 2026

Final
Final | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Aug 18, 2026

Cash Dividend

Ex DateEx DateFeb 13, 2026

Interim
Interim | Div/Share: ₹12.00

Dividend/Share

12.00

Ex DateEx Date

Feb 13, 2026

Cash Dividend

Ex DateEx DateAug 14, 2025

Final
Final | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Aug 14, 2025

Cash Dividend

Ex DateEx DateFeb 3, 2025

Interim
Interim | Div/Share: ₹12.00

Dividend/Share

12.00

Ex DateEx Date

Feb 3, 2025

Cash Dividend

Ex DateEx DateAug 14, 2024

Final
Final | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Aug 14, 2024

MGL Stock News & Opinions

MGL Stock News & Opinions

Spotlight
Spotlight
Mahanagar Gas Ltd rises for third straight session

Mahanagar Gas Ltd is up for a third straight session today. The stock is quoting at Rs 1135, up 1.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 24567. The Sensex is at 78518.11, down 0.55%. Mahanagar Gas Ltd has gained around 3.76% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has gained around 0.2% in last one month and is currently quoting at 38683.25, up 0.23% on the day. The volume in the stock stood at 71915 shares today, compared to the daily average of 2.89 lakh shares in last one month.The PE of the stock is 15.38 based on TTM earnings ending June 26.

3 weeks agoCapital Market - Live
Corporate
Corporate
Mahanagar Gas Limited’s board set a record date for a Rs 18 per share dividend

Mahanagar Gas Limited informed the BSE Limited and National Stock Exchange of India Limited that its Board of Directors has fixed August 18, 2026, as the record date for determining entitlement of shareholders for payment of a final dividend of Rs 18 per equity share for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting scheduled for August 25, 2026.

3 weeks agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd spurts 1.03%, gains for third straight session

Mahanagar Gas Ltd is up for a third straight session in a row. The stock is quoting at Rs 1130, up 1.03% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 24413.1. The Sensex is at 78190.02, up 0.34%. Mahanagar Gas Ltd has dropped around 2.75% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has dropped around 2.87% in last one month and is currently quoting at 38313.55, up 0.81% on the day. The volume in the stock stood at 5.6 lakh shares today, compared to the daily average of 2.59 lakh shares in last one month.The PE of the stock is 13.04 based on TTM earnings ending March 26.

4 weeks agoCapital Market - Live
Earnings
Earnings
Mahanagar Gas consolidated net profit declines 39.44% in the June 2026 quarter

Net profit of Mahanagar Gas declined 39.44% to Rs 193.00 crore in the quarter ended June 2026 as against Rs 318.68 crore during the previous quarter ended June 2025. Sales rose 13.91% to Rs 2372.72 crore in the quarter ended June 2026 as against Rs 2083.01 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2372.722083.01 14 OPM %14.4324.00 - PBDT366.97527.48 -30 PBT258.01431.39 -40 NP193.00318.68 -39 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Corporate
Mahanagar Gas to convene board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 30 July 2026.

1 month agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd up for fifth session

Mahanagar Gas Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1210.3, up 0.12% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 24117.25. The Sensex is at 77266.23, up 0.14%. Mahanagar Gas Ltd has risen around 14.24% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has risen around 1.77% in last one month and is currently quoting at 40238.45, up 0.08% on the day. The volume in the stock stood at 1.02 lakh shares today, compared to the daily average of 2.46 lakh shares in last one month.The PE of the stock is 14.1 based on TTM earnings ending March 26.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd spurts 2.14%, gains for third straight session

Mahanagar Gas Ltd is up for a third straight session in a row. The stock is quoting at Rs 1163.4, up 2.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 23934.35. The Sensex is at 76624.33, up 0.47%. Mahanagar Gas Ltd has risen around 9.89% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has risen around 0.54% in last one month and is currently quoting at 39493.95, up 0.6% on the day. The volume in the stock stood at 2.65 lakh shares today, compared to the daily average of 2.09 lakh shares in last one month.The PE of the stock is 13.29 based on TTM earnings ending March 26.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd up for five straight sessions

Mahanagar Gas Ltd rose for a fifth straight session today. The stock is quoting at Rs 1106.5, up 0.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 23849.9. The Sensex is at 75777.13, down 0.12%. Mahanagar Gas Ltd has dropped around 2.57% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has dropped around 1.32% in last one month and is currently quoting at 41535.75, down 0.54% on the day. The volume in the stock stood at 2.46 lakh shares today, compared to the daily average of 2.06 lakh shares in last one month.The PE of the stock is 12.87 based on TTM earnings ending March 26.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd spurts 2.88%

Mahanagar Gas Ltd is up for a third straight session in a row. The stock is quoting at Rs 1105.9, up 2.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 23997.6. The Sensex is at 76205, down 0.37%. Mahanagar Gas Ltd has dropped around 3.14% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has dropped around 1.07% in last one month and is currently quoting at 40578.8, up 0.87% on the day. The volume in the stock stood at 1.27 lakh shares today, compared to the daily average of 2.04 lakh shares in last one month.The PE of the stock is 12.53 based on TTM earnings ending March 26.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Corporate
Board of Mahanagar Gas recommends final dividend

Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 18 per equity Share (i.e. 180%) , subject to the approval of the shareholders.

3 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Mahanagar Gas Limited (MGL) today?

    The share price of MGL as on 28th August 2026 is ₹1092.60. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Mahanagar Gas Limited (MGL) share?

    The past returns of Mahanagar Gas Limited (MGL) share are
    • Past 1 week: -3.48%
    • Past 1 month: 0.15%
    • Past 3 months: -0.96%
    • Past 6 months: -9.50%
    • Past 1 year: -14.27%
    • Past 3 years: 7.53%
    • Past 5 years: -3.89%

  3. What are the peers or stocks similar to Mahanagar Gas Limited (MGL)?
  4. What is the dividend yield % of Mahanagar Gas Limited (MGL) share?

    The current dividend yield of Mahanagar Gas Limited (MGL) is 2.69.

  5. What is the market cap of Mahanagar Gas Limited (MGL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Mahanagar Gas Limited (MGL) is ₹11005.82 Cr as of 28th August 2026.

  6. What is the 52 week high and low of Mahanagar Gas Limited (MGL) share?

    The 52-week high of Mahanagar Gas Limited (MGL) is ₹1378 and the 52-week low is ₹900.

  7. What is the PE and PB ratio of Mahanagar Gas Limited (MGL) stock?

    The P/E (price-to-earnings) ratio of Mahanagar Gas Limited (MGL) is 13.08. The P/B (price-to-book) ratio is 1.71.

  8. Which sector does Mahanagar Gas Limited (MGL) belong to?

    Mahanagar Gas Limited (MGL) belongs to the Utilities sector & Gas Distribution sub-sector.

  9. How to buy Mahanagar Gas Limited (MGL) shares?

    You can directly buy Mahanagar Gas Limited (MGL) shares on Tickertape. Simply sign up, connect your demat account and place your order.