What is the share price of Mahanagar Gas Ltd (MGL) today?
The share price of MGL as on 14th July 2026 is ₹1123.30. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Mahanagar Gas Ltd (MGL) share?
The past returns of Mahanagar Gas Ltd (MGL) share are- Past 1 week: -0.26%
- Past 1 month: 0.97%
- Past 3 months: 4.88%
- Past 6 months: 7.14%
- Past 1 year: -23.89%
- Past 3 years: 3.82%
- Past 5 years: -3.97%
What are the peers or stocks similar to Mahanagar Gas Ltd (MGL)?
The peers or stocks similar to Mahanagar Gas Ltd (MGL) include:What is the dividend yield % of Mahanagar Gas Ltd (MGL) share?
The current dividend yield of Mahanagar Gas Ltd (MGL) is 2.69.What is the market cap of Mahanagar Gas Ltd (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 Ltd (MGL) is ₹11007.80 Cr as of 14th July 2026.What is the 52 week high and low of Mahanagar Gas Ltd (MGL) share?
The 52-week high of Mahanagar Gas Ltd (MGL) is ₹1562 and the 52-week low is ₹900.What is the PE and PB ratio of Mahanagar Gas Ltd (MGL) stock?
The P/E (price-to-earnings) ratio of Mahanagar Gas Ltd (MGL) is 13.09. The P/B (price-to-book) ratio is 1.87.Which sector does Mahanagar Gas Ltd (MGL) belong to?
Mahanagar Gas Ltd (MGL) belongs to the Utilities sector & Gas Distribution sub-sector.How to buy Mahanagar Gas Ltd (MGL) shares?
You can directly buy Mahanagar Gas Ltd (MGL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Mahanagar Gas Ltd
MGL Share Price
NSEMGL Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
MGL Performance & Key Metrics
MGL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 13.09 | 1.87 | 2.69% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 27.54 | 3.23 | 1.27% |
from 29 analysts
Price Upside
Earnings Growth
Rev. Growth
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.
MGL Sentiment Analysis
MGL Sentiment Analysis
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
7Network 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
6Material 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 Share Price Forecast
MGL Share Price Forecast
All values in ₹
All values in ₹
MGL Company Revenue Forecast
MGL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
MGL Stock EPS (Earnings Per Share) Forecast
MGL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
MGL
MGL
Income
Balance Sheet
Cash Flow
MGL Income Statement
MGL Income Statement
| Quarter | dec 2023 | mar 2024 | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,616.83 | 1,656.74 | 1,701.41 | 1,833.18 | 1,889.40 | 2,006.40 | 2,115.16 | 2,079.42 | 2,089.84 | 2,081.15 | ||||||||||
| Operating & Other expenses | 1,120.07 | 1,217.57 | 1,229.01 | 1,372.83 | 1,522.62 | 1,570.23 | 1,583.11 | 1,714.41 | 1,708.93 | 1,793.69 | ||||||||||
| EBITDA | 496.76 | 439.17 | 472.40 | 460.35 | 366.78 | 436.17 | 532.05 | 365.01 | 380.91 | 287.46 | ||||||||||
| Depreciation/Amortization | 68.29 | 81.24 | 83.29 | 84.26 | 91.07 | 92.52 | 96.09 | 103.98 | 103.55 | 106.26 | ||||||||||
| PBIT | 428.47 | 357.93 | 389.11 | 376.09 | 275.71 | 343.65 | 435.96 | 261.03 | 277.36 | 181.20 | ||||||||||
| Interest & Other Items | 2.72 | 5.60 | 3.20 | 3.20 | 3.49 | 4.17 | 4.57 | 5.12 | 6.40 | 4.87 | ||||||||||
| PBT | 425.75 | 352.33 | 385.91 | 372.89 | 272.22 | 339.48 | 431.39 | 255.91 | 270.96 | 176.33 | ||||||||||
| Taxes & Other Items | 108.57 | 91.75 | 97.13 | 86.10 | 50.98 | 92.44 | 112.71 | 64.54 | 69.81 | 46.39 | ||||||||||
| Net Income | 317.18 | 260.58 | 288.78 | 286.79 | 221.24 | 247.04 | 318.68 | 191.37 | 201.15 | 129.94 | ||||||||||
| EPS | 32.11 | 26.38 | 29.23 | 29.03 | 22.39 | 25.01 | 32.26 | 19.37 | 20.36 | 13.15 |
MGL Company Updates
Investor Presentation
MGL Stock Peers
MGL Past Performance & Peer Comparison
MGL Past Performance & Peer Comparison
UtilitiesGas Distribution
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Mahanagar Gas Ltd | 13.09 | 1.87 | 2.69% |
| Gail (India) Ltd | 15.01 | 1.34 | 3.18% |
| Adani Total Gas Ltd | 120.92 | 16.30 | 0.03% |
| Gujarat Energy Ltd | 16.05 | 3.17 | 2.28% |
MGL Stock Price Comparison
Compare MGL with any stock or ETFMGL Holdings
MGL Shareholdings
MGL Promoter Holdings Trend
MGL Promoter Holdings Trend
MGL Institutional Holdings Trend
MGL Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
MGL Shareholding Pattern
MGL Shareholding Pattern
MGL Shareholding History
MGL Shareholding History
Mutual Funds Invested in MGL
Mutual Funds Invested in MGL
No mutual funds holding trends are available
Top 5 Mutual Funds holding Mahanagar Gas Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.7332% | Percentage of the fund’s portfolio invested in the stock 0.94% | Change in the portfolio weight of the stock over the last 3 months 0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/134 (+1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.7279% | Percentage of the fund’s portfolio invested in the stock 0.13% | Change in the portfolio weight of the stock over the last 3 months 0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/152 (+10) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.2346% | Percentage of the fund’s portfolio invested in the stock 0.46% | Change in the portfolio weight of the stock over the last 3 months 0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 68/149 (-5) |
Compare 3-month MF holding change on Screener
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 DateFeb 13, 2026
Dividend/Share
₹12.00
Ex DateEx Date
Feb 13, 2026
Cash Dividend
Ex DateEx DateAug 14, 2025
Dividend/Share
₹18.00
Ex DateEx Date
Aug 14, 2025
Cash Dividend
Ex DateEx DateFeb 3, 2025
Dividend/Share
₹12.00
Ex DateEx Date
Feb 3, 2025
Cash Dividend
Ex DateEx DateAug 14, 2024
Dividend/Share
₹18.00
Ex DateEx Date
Aug 14, 2024
Cash Dividend
Ex DateEx DateFeb 5, 2024
Dividend/Share
₹12.00
Ex DateEx Date
Feb 5, 2024
MGL Stock News & Opinions
MGL Stock News & Opinions
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
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
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
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
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.
Revenue from operations (excluding excise duty) surged by 4.51% YoY to Rs 2,051.22 crore for the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 178.48 crore in the Q4 FY26 quarter, down 47.13% from Rs 337.59 crore recorded in the same period a year ago. EBITDA decreased by 7.58% YoY to Rs 1,451.07 crore during the period under review. The EBITDA margin for Q4 FY26 stood at 17.61%, compared to 21.62% in Q4 FY25. Total sales volume for the March 2026 quarter was 1,673.43 million standard cubic meters (SCM), up 8.25% YoY. During the same period, CNG sales volume reached 1,192.55 million SCM, reflecting a growth of 7.22% YoY, while PNG sales aggregated to 480.88 million SCM, up 10.88% YoY. The company has recommended a final dividend of Rs 18 per equity share of face value Rs 10 each for the financial year 2025-26, subject to approval by shareholders. This is in addition to an interim dividend of Rs 12 per share declared earlier on February 07, 2026. Accordingly, the total dividend for the financial year stands at Rs 30 per equity share. Mahanagar Gas is in the business of city gas distribution (CGD), presently distribution of natural gas for domestic industrial, commercial customers and CNG vehicles. Powered by Capital Market - Live
Net profit of Mahanagar Gas declined 47.40% to Rs 129.94 crore in the quarter ended March 2026 as against Rs 247.04 crore during the previous quarter ended March 2025. Sales rose 4.46% to Rs 2052.05 crore in the quarter ended March 2026 as against Rs 1964.38 crore during the previous quarter ended March 2025. For the full year,net profit declined 19.14% to Rs 841.14 crore in the year ended March 2026 as against Rs 1040.27 crore during the previous year ended March 2025. Sales rose 13.52% to Rs 8245.70 crore in the year ended March 2026 as against Rs 7263.80 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2052.051964.38 4 8245.707263.80 14 OPM %12.5920.06 -17.5321.60 - PBDT282.59432.00 -35 1544.471721.64 -10 PBT176.33339.48 -48 1134.591369.59 -17 NP129.94247.04 -47 841.141040.27 -19 Powered by Capital Market - Live
Mahanagar Gas Ltd is up for a fifth straight session today. The stock is quoting at Rs 1148.95, up 0.98% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 24552.55. The Sensex is at 79171.6, up 0.83%. Mahanagar Gas Ltd has gained around 26.48% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has gained around 13.15% in last one month and is currently quoting at 39184.7, up 0.6% on the day. The volume in the stock stood at 1.06 lakh shares today, compared to the daily average of 4.65 lakh shares in last one month.The PE of the stock is 11.62 based on TTM earnings ending December 25.
Mahanagar Gas Ltd is up for a third straight session in a row. The stock is quoting at Rs 1117.7, up 2.38% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 24272.2. The Sensex is at 78203, up 0.27%. Mahanagar Gas Ltd has risen around 11.73% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has risen around 6.97% in last one month and is currently quoting at 38184.75, up 1.25% on the day. The volume in the stock stood at 2.94 lakh shares today, compared to the daily average of 5.25 lakh shares in last one month.The PE of the stock is 11.15 based on TTM earnings ending December 25.
Mahanagar Gas Ltd gained for a third straight session today. The stock is quoting at Rs 1081.8, up 3.99% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.99% on the day, quoting at 24011.35. The Sensex is at 77413.31, up 1.02%. Mahanagar Gas Ltd has gained around 3.1% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has gained around 3.11% in last one month and is currently quoting at 36768.25, up 1.35% on the day. The volume in the stock stood at 2.83 lakh shares today, compared to the daily average of 5.93 lakh shares in last one month.The PE of the stock is 10.63 based on TTM earnings ending December 25.
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant