What is the share price of Mahanagar Gas Ltd (MGL) today?
The share price of MGL as on 18th June 2025 is ₹1425.60. 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: 2.43%
- Past 1 month: 3.03%
- Past 3 months: 7.68%
- Past 6 months: 15.01%
- Past 1 year: -3.13%
- Past 3 years: 103.96%
- Past 5 years: 31.68%
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 2.16.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 ₹13727.15 Cr as of 18th June 2025.What is the 52 week high and low of Mahanagar Gas Ltd (MGL) share?
The 52-week high of Mahanagar Gas Ltd (MGL) is ₹1988 and the 52-week low is ₹1075.25.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 13.19. The P/B (price-to-book) ratio is 2.67.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
MGL 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 |
---|---|---|
13.19 | 2.67 | 2.16% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
20.68 | 3.04 | 1.46% |
from 28 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 2025
Mahanagar Gas Limited (MGL) showcased a mixed financial performance in Q4 FY25, with quarterly EBITDA and net profit increases overshadowed by annual declines due to rising costs and reduced APM gas allocations. The company successfully connected over 150,000 new domestic households and expanded its CNG infrastructure, reflecting a commitment to growth despite challenges in cost management and market dynamics. Management remains optimistic about future opportunities in LNG trucking and industrial segments, while also exploring diversification into the solid fuel market. A significant capital expenditure plan of Rs. 1,300 crores aims to enhance operations, although ongoing regulatory uncertainties and procurement complexities could impact profitability and pricing strategies.
MGL Stock Growth Drivers
MGL Stock Growth Drivers
7Operational Achievements
Mahanagar Gas Limited (MGL) has made significant strides in operational performance, connecting 150,142 domestic households
Financial Performance
In Q4 FY25, MGL reported an EBITDA of Rs. 378 crores, a 20% increase from
MGL Stock Challenges
MGL Stock Challenges
5Decline in Financial Performance
Mahanagar Gas Limited reported a decrease in EBITDA for the fiscal year, dropping to Rs.
Increased Operating Expenses
The company has experienced a sharp increase in operating expenses per SCM, attributed to higher
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
Financial Year | FY 2023 | FY 2024 | FY 2025 | TTM | ||||
---|---|---|---|---|---|---|---|---|
Total Revenue | 6,411.16 | 6,464.97 | 7,430.39 | 7,430.39 | ||||
Raw Materials | 4,454.93 | 3,656.65 | 5,694.69 | 5,694.69 | ||||
Power & Fuel Cost | 148.18 | 157.52 | ||||||
Employee Cost | 137.09 | 151.35 | ||||||
Selling & Administrative Expenses | 33.18 | 37.04 | ||||||
Operating & Other expenses | 341.71 | 443.64 | ||||||
EBITDA | 1,296.07 | 2,018.77 | 1,735.70 | 1,735.70 | ||||
Depreciation/Amortization | 231.14 | 283.87 | 352.05 | 352.05 | ||||
PBIT | 1,064.93 | 1,734.90 | 1,383.65 | 1,383.65 | ||||
Interest & Other Items | 9.39 | 13.30 | 14.06 | 14.06 | ||||
PBT | 1,055.54 | 1,721.60 | 1,369.59 | 1,369.59 | ||||
Taxes & Other Items | 265.49 | 445.23 | 329.02 | 329.02 | ||||
Net Income | 790.05 | 1,276.37 | 1,040.57 | 1,040.57 | ||||
EPS | 79.98 | 129.22 | 105.33 | 105.34 | ||||
DPS | 16.00 | 30.00 | 30.00 | 30.00 | ||||
Payout ratio | 0.20 | 0.23 | 0.28 | 0.28 |
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 | 13.19 | 2.67 | 2.16% |
Gail (India) Ltd | 10.12 | 1.63 | 3.91% |
Adani Total Gas Ltd | 110.72 | 17.22 | 0.04% |
Gujarat Gas Ltd | 28.67 | 4.26 | 1.22% |
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 decreased by 2.00%
MGL Shareholding Pattern
MGL Shareholding Pattern
MGL Shareholding History
MGL Shareholding History
Mutual Funds Invested in MGL
Mutual Funds Invested in MGL
In last 3 months, mutual fund holding of the company has increased by 3.00%
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 0.8864% | Percentage of the fund’s portfolio invested in the stock 0.49% | Change in the portfolio weight of the stock over the last 3 months -0.06% | 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 97/139 (-12) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.6999% | Percentage of the fund’s portfolio invested in the stock 0.99% | Change in the portfolio weight of the stock over the last 3 months -0.02% | 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 51/71 (+1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.6826% | Percentage of the fund’s portfolio invested in the stock 1.68% | Change in the portfolio weight of the stock over the last 3 months -0.20% | 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 19/40 (-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 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
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹16.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateFeb 14, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Feb 14, 2023
MGL Stock News & Opinions
MGL Stock News & Opinions
Mahanagar Gas Ltd is up for a third straight session today. The stock is quoting at Rs 1389.6, up 4.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.43% on the day, quoting at 25109.55. The Sensex is at 82487.47, up 0.36%. Mahanagar Gas Ltd has slipped around 1.39% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has slipped around 4.56% in last one month and is currently quoting at 35924.05, up 1.1% on the day. The volume in the stock stood at 17.83 lakh shares today, compared to the daily average of 5.04 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 1396.3, up 4.6% on the day. Mahanagar Gas Ltd is down 1.6% in last one year as compared to a 7.96% spurt in NIFTY and a 10.35% spurt in the Nifty Energy index.The PE of the stock is 12.57 based on TTM earnings ending March 25.Powered by Capital Market - Live
Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on 6 May 2025, inter alia, have recommended the final dividend of Rs 18 per equity Share (i.e. 180%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Mahanagar Gas declined 5.20% to Rs 247.04 crore in the quarter ended March 2025 as against Rs 260.58 crore during the previous quarter ended March 2024. Sales rose 21.81% to Rs 1964.38 crore in the quarter ended March 2025 as against Rs 1612.61 crore during the previous quarter ended March 2024. For the full year,net profit declined 19.00% to Rs 1040.57 crore in the year ended March 2025 as against Rs 1284.69 crore during the previous year ended March 2024. Sales rose 15.48% to Rs 7263.80 crore in the year ended March 2025 as against Rs 6290.10 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1964.381612.61 22 7263.806290.10 15 OPM %20.0624.50 -21.6029.31 - PBDT432.00433.57 0 1721.642005.47 -14 PBT339.48352.33 -4 1369.591728.11 -21 NP247.04260.58 -5 1040.571284.69 -19 Powered by Capital Market - Live
Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 6 May 2025.Powered by Capital Market - Live
The development has raised concerns over the company's near-term profitability. In a regulatory filing, MGL informed the exchanges that its allocation of APM natural gas ' used primarily for the supply of piped natural gas (PNG) to households and compressed natural gas (CNG) for transport ' has been reduced by approximately 18% from 16 April 2025, compared to the previous fortnight's allocation. This reallocation comes in line with policy guidelines issued by the Ministry of Petroleum and Natural Gas on 10 August 2022. The policy prioritizes APM gas supply for the city gas distribution (CGD) sector, routed through GAIL (India), based on availability. Due to supply constraints, MGL's shortfall in APM gas is being substituted with costlier New Well/Well Intervention Gas (NWG). This will have an adverse impact on the profitability, MGL said in the filing, while adding that it is in the process of exploring all measures to mitigate the impact. MGL is one of India's leading city gas distribution company providing Compressed Natural Gas (CNG) for mobility and Piped Natural Gas (PNG) to residential, commercial, and industrial customers, serving Mumbai, Urban thane, and Raigad district of Maharashtra. The company reported 30.25% fall in consolidated net profit to Rs 221.24 crore on a 17.76% increase in net sales to Rs 1,847.41 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live
Mahanagar Gas has completed investment in 43,71,065 no. of equity shares of International Battery Company India (IBC India) on 03 February 2025 and consequently, the Company holds 44% of the paid-up equity share capital along with voting rights of IBC India. IBC India was incorporated to carry on the business of undertaking manufacturing, promotion, marketing, distribution, sale and export of the battery cells. Upon the investment, IBC India has become an associate of the Company. Powered by Capital Market - Live
EBIDTA declined by 29.9% YoY to Rs 314.42 crore during the period under review. EBIDTA margin for Q3 FY25 was 17.89% as against 28.60% in Q3 FY24. Total sales volume for the December'24 quarter was 378.69 SCM million, 12.1% YoY. For the period under review, CNG sales volume added up to 268.56 SCM million (up 10.9% YoY) and PNG sales aggregated to 110.13 SCM million (up 15.3% 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 company reported 16.5% fall in standalone net profit to Rs 282.8 crore despite a 9% rise in net revenue from operations to Rs 1,711.62 crore in Q2 FY25 over Q2 FY24. The scrip shed 0.03% to currently trade at Rs 1277.40 on the BSE. Powered by Capital Market - Live
Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on 28 January 2025, 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
Net profit of Mahanagar Gas declined 30.25% to Rs 221.24 crore in the quarter ended December 2024 as against Rs 317.18 crore during the previous quarter ended December 2023. Sales rose 17.76% to Rs 1847.41 crore in the quarter ended December 2024 as against Rs 1568.76 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1847.411568.76 18 OPM %17.5828.60 - PBDT363.29494.04 -26 PBT272.22425.75 -36 NP221.24317.18 -30 Powered by Capital Market - Live
Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant