What is the share price of Mahanagar Gas Ltd (MGL) today?
The share price of MGL as on 27th February 2026 is ₹1219.80. 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: 9.58%
- Past 1 month: 16.33%
- Past 3 months: 0.48%
- Past 6 months: -4.28%
- Past 1 year: -6.98%
- Past 3 years: 39.62%
- Past 5 years: 5.29%
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 2.46.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 ₹12048.91 Cr as of 27th February 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 ₹1586.90 and the 52-week low is ₹1018.60.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 11.58. The P/B (price-to-book) ratio is 2.04.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 |
|---|---|---|
| 12.57 | 2.04 | 2.46% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 22.48 | 2.88 | 1.39% |
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 · February 2026
In Q3 FY '25-'26, the company demonstrated robust operational performance, marked by increased household connections and pipeline infrastructure, despite facing minor gas supply disruptions that slightly impacted CNG volumes. Strategic pricing adjustments, including a CNG price hike, alongside effective cost management, have bolstered margins and EBITDA, with expectations for continued growth in the upcoming quarters. The company is proactively adapting its gas sourcing strategies to mitigate supply chain vulnerabilities and price volatility, while also investing in infrastructure expansion to support CNG growth. Additionally, ongoing discussions around pollution control measures and the integration of compressed biogas are set to enhance sustainability and revenue generation, positioning the company favorably for future market dynamics.
MGL Stock Growth Drivers
MGL Stock Growth Drivers
6Operational Expansion and Achievements
Mahanagar Gas Limited has made significant strides in expanding its City Gas Distribution (CGD) infrastructure.
Financial Performance and Profitability
The company reported a net profit after tax of INR 202 crores for the quarter,
MGL Stock Challenges
MGL Stock Challenges
4CNG Volume Growth Challenges
The company has faced challenges in CNG volume growth, particularly in the Mumbai area. A
Margin Stability Concerns
Despite a recent increase in gas prices, the company is experiencing fluctuations in margins. While
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 | sep 2023 | dec 2023 | mar 2024 | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,614.64 | 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 | ||||||||||
| Operating & Other expenses | 1,092.05 | 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 | ||||||||||
| EBITDA | 522.59 | 496.76 | 439.17 | 472.40 | 460.35 | 366.78 | 436.17 | 532.05 | 365.01 | 380.91 | ||||||||||
| Depreciation/Amortization | 65.79 | 68.29 | 81.24 | 83.29 | 84.26 | 91.07 | 92.52 | 96.09 | 103.98 | 103.55 | ||||||||||
| PBIT | 456.80 | 428.47 | 357.93 | 389.11 | 376.09 | 275.71 | 343.65 | 435.96 | 261.03 | 277.36 | ||||||||||
| Interest & Other Items | 2.47 | 2.72 | 5.60 | 3.20 | 3.20 | 3.49 | 4.17 | 4.57 | 5.12 | 6.40 | ||||||||||
| PBT | 454.33 | 425.75 | 352.33 | 385.91 | 372.89 | 272.22 | 339.48 | 431.39 | 255.91 | 270.96 | ||||||||||
| Taxes & Other Items | 115.83 | 108.57 | 91.75 | 97.13 | 86.10 | 50.98 | 92.44 | 112.71 | 64.54 | 69.81 | ||||||||||
| Net Income | 338.50 | 317.18 | 260.58 | 288.78 | 286.79 | 221.24 | 247.04 | 318.68 | 191.37 | 201.15 | ||||||||||
| EPS | 34.27 | 32.11 | 26.38 | 29.23 | 29.03 | 22.39 | 25.01 | 32.26 | 19.37 | 20.36 |
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 | 11.58 | 2.04 | 2.46% |
| Gail (India) Ltd | 9.02 | 1.32 | 4.39% |
| Adani Total Gas Ltd | 86.05 | 13.38 | 0.05% |
| Gujarat Gas Ltd | 24.42 | 3.30 | 1.43% |
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 increased by 1.29%
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 1.0489% | Percentage of the fund’s portfolio invested in the stock 0.65% | Change in the portfolio weight of the stock over the last 3 months 0.22% | 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 67/168 (-10) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.0247% | Percentage of the fund’s portfolio invested in the stock 0.48% | Change in the portfolio weight of the stock over the last 3 months -0.04% | 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 70/152 (-3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.7075% | Percentage of the fund’s portfolio invested in the stock 0.86% | 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 50/67 (-1) |
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 gained for a fifth straight session today. The stock is quoting at Rs 1205.1, up 0.34% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 25459.95. The Sensex is at 82146.86, down 0.16%. Mahanagar Gas Ltd has risen around 17.16% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has risen around 11.34% in last one month and is currently quoting at 37118.6, down 0.13% on the day. The volume in the stock stood at 1.04 lakh shares today, compared to the daily average of 2.52 lakh shares in last one month.The PE of the stock is 12.26 based on TTM earnings ending December 25.Powered by Capital Market - Live
Mahanagar Gas Ltd is up for a third straight session in a row. The stock is quoting at Rs 1192, up 2.48% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.25% on the day, quoting at 25392.55. The Sensex is at 82144.81, down 1.38%. Mahanagar Gas Ltd has added around 15.89% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has added around 10.13% in last one month and is currently quoting at 36741.55, down 0.21% on the day. The volume in the stock stood at 3.71 lakh shares today, compared to the daily average of 2.41 lakh shares in last one month.The PE of the stock is 11.87 based on TTM earnings ending December 25.Powered by Capital Market - Live
EBIDTA rose by 12% YoY to Rs 352.07 crore during the period under review. EBIDTA margin for Q3 FY26 was 17.10% as against 17.89%% in Q3 FY25. Total sales volume for the December'25 quarter was 425.07 SCM million, 12.3% YoY. For the period under review, CNG sales volume added up to 301.88 SCM million (up 12.4% YoY) and PNG sales aggregated to 123.19 SCM million (up 11.9% YoY). Mahanagar Gas is in the business of city gas distribution (CGD), presently distribution of natural gas for domestic industrial, commercial customers and CNG vehicles. The scrip rose 2.19% to currently trade at Rs 1178.60 on the BSE. Powered by Capital Market - Live
Net profit of Mahanagar Gas declined 9.08% to Rs 201.15 crore in the quarter ended December 2025 as against Rs 221.24 crore during the previous quarter ended December 2024. Sales rose 11.52% to Rs 2060.24 crore in the quarter ended December 2025 as against Rs 1847.41 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2060.241847.41 12 OPM %17.0517.58 - PBDT374.51363.29 3 PBT270.96272.22 0 NP201.15221.24 -9 Powered by Capital Market - Live
Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on 7 February 2026, inter alia, have recommended the interim dividend of Rs 12 per equity Share (i.e. 120%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Mahanagar Gas Ltd rose for a third straight session today. The stock is quoting at Rs 1070, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25723.35. The Sensex is at 83606.72, down 0.16%. Mahanagar Gas Ltd has dropped around 4.55% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has dropped around 0.65% in last one month and is currently quoting at 35657.55, up 1.76% on the day. The volume in the stock stood at 63032 shares today, compared to the daily average of 2.77 lakh shares in last one month.The PE of the stock is 10.51 based on TTM earnings ending September 25.Powered by Capital Market - Live
Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 7 February 2026.Powered by Capital Market - Live
Mahanagar Gas Ltd is down for a fifth straight session today. The stock is quoting at Rs 1054.4, down 0.51% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.67% on the day, quoting at 25702.5. The Sensex is at 83622.68, down 0.66%.Mahanagar Gas Ltd has lost around 5.47% in last one month.Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has eased around 0.55% in last one month and is currently quoting at 34729.65, down 0.82% on the day. The volume in the stock stood at 1.15 lakh shares today, compared to the daily average of 2.67 lakh shares in last one month.The PE of the stock is 10.56 based on TTM earnings ending September 25.Powered by Capital Market - Live
Mahanagar Gas Ltd fell for a fifth straight session today. The stock is quoting at Rs 1168.4, down 1.24% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 25929.6. The Sensex is at 84872.4, down 0.31%.Mahanagar Gas Ltd has eased around 7.57% in last one month.Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has eased around 3.32% in last one month and is currently quoting at 35459.4, down 1.08% on the day. The volume in the stock stood at 1.11 lakh shares today, compared to the daily average of 2.37 lakh shares in last one month.The PE of the stock is 11.8 based on TTM earnings ending September 25.Powered by Capital Market - Live
Mahanagar Gas announced that ICRA has reaffirmed/ assigned the rating ICRA AAA; Stable / ICRA A1+ to the company's bank facilities of Rs 2,025 crore. Powered by Capital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant