What is the share price of Mahanagar Gas Limited (MGL) today?
The share price of MGL as on 12th October 2026 is ₹1020.60. 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 Limited (MGL) share?
The past returns of Mahanagar Gas Limited (MGL) share are- Past 1 week: -2.47%
- Past 1 month: -5.76%
- Past 3 months: -9.38%
- Past 6 months: -4.71%
- Past 1 year: -21.16%
- Past 3 years: -9.12%
- Past 5 years: -3.63%
What are the peers or stocks similar to Mahanagar Gas Limited (MGL)?
The peers or stocks similar to Mahanagar Gas Limited (MGL) include:What is the dividend yield % of Mahanagar Gas Limited (MGL) share?
The current dividend yield of Mahanagar Gas Limited (MGL) is 2.88.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 ₹10300.55 Cr as of 12th October 2026.What is the 52 week high and low of Mahanagar Gas Limited (MGL) share?
The 52-week high of Mahanagar Gas Limited (MGL) is ₹1329 and the 52-week low is ₹900.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 12.25. The P/B (price-to-book) ratio is 1.60.Which sector does Mahanagar Gas Limited (MGL) belong to?
Mahanagar Gas Limited (MGL) belongs to the Utilities sector & Gas Distribution sub-sector.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.
Mahanagar Gas Limited
MGL Share Price
NSE₹1,020.602.13% (-22.20)
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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 |
|---|---|---|
| 14.40 | 1.60 | 2.88% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 24.30 | 2.68 | 1.32% |
86%
Analysts have suggested that investors can buy this stock
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.
GAIL
PE Ratio
14.45
14.45
1Y Return
7.44%
7.44%
Buy Reco %
68.97
68.97
PE Ratio
94.50
94.50
1Y Return
9.94%
9.94%
Buy Reco %
0.00
0.00
GUJENERGY
PE Ratio
10.40
10.40
1Y Return
39.13%
39.13%
Buy Reco %
54.17
54.17
PE Ratio
13.20
13.20
1Y Return
33.58%
33.58%
Buy Reco %
85.19
85.19
STEAMHOUSE
PE Ratio
91.52
91.52
1Y Return
20.74%
20.74%
MGL Sentiment Analysis
MGL Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly
MGL Stock Summary · August 2026
Management framed the quarter as one of solid operating growth offset by a more difficult gas-supply backdrop, with EBITDA rising 31.74% sequentially to INR343 crores and total sales volume increasing 2.01% to 4.766 mmscmd. Growth was driven mainly by CNG and domestic PNG, while industrial and commercial volumes were cut after a 20% curtailment directive and remained under pressure from West Asia-related LNG disruptions, volatile spot prices, and reduced access to some contracted supply. Management emphasized a diversified sourcing mix, continued network expansion, and faster domestic PNG conversion as core priorities, noting 97,461 domestic PNG conversions in the quarter, record new connections of about 95,000, and another 156.57 km of pipeline added. It also said pricing for CNG is being managed to preserve the spread versus petrol and diesel, even if that means temporary volume trade-offs in industrial segments. Near term, management said price spikes could persist for one to two months, margin visibility remains limited until the crisis eases, and it may use limited curtailment for larger industrial customers while continuing to protect public CNG demand.
MGL Stock Growth Drivers
MGL Stock Growth Drivers
7Core Network Expansion and Customer Conversion Growth
The company is steadily expanding its city gas network and converting more customers, which supports
Strong Volume Momentum in CNG and Domestic PNG
Operating volumes continued to grow across the core business, led by CNG and domestic PNG,
MGL Stock Challenges
MGL Stock Challenges
7West Asia conflict disrupting gas supply and pricing
The most significant negative theme is the ongoing geopolitical disruption to gas sourcing and pricing.
Curtailment and weakness in industrial and commercial gas volumes
Industrial and commercial volumes have been directly affected by supply constraints, with partial curtailment already
MGL Forecast
MGL Forecasts
Price
Revenue
Earnings
MGL Share Price Forecast
MGL Share Price Forecast
2026
Current
₹1,020.60
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Forecast for Oct 2027
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2026
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₹1,020.60
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MGL Company Revenue Forecast
MGL Company Revenue Forecast
2026
Current
₹8.37
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Forecast for Mar 2027
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2026
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₹8.37
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MGL Stock EPS (Earnings Per Share) Forecast
MGL Stock EPS (Earnings Per Share) Forecast
2026
Current
₹85.16
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Forecast for Mar 2027
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₹85.16
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MGL
MGL
Income
Balance Sheet
Cash Flow
Quarterly Normal View
MGL Income Statement
MGL Income Statement
Quarterly Normal View
| Quarter | mar 2024 | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | jun 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 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 | 2,403.15 | ||||||||||
Operating & Other expenses | 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 | 2,030.25 | ||||||||||
EBITDA | 439.17 | 472.40 | 460.35 | 366.78 | 436.17 | 532.05 | 365.01 | 380.91 | 287.46 | 372.90 | ||||||||||
| Depreciation/Amortization | 81.24 | 83.29 | 84.26 | 91.07 | 92.52 | 96.09 | 103.98 | 103.55 | 106.26 | 108.96 | ||||||||||
| PBIT | 357.93 | 389.11 | 376.09 | 275.71 | 343.65 | 435.96 | 261.03 | 277.36 | 181.20 | 263.94 | ||||||||||
| Interest & Other Items | 5.60 | 3.20 | 3.20 | 3.49 | 4.17 | 4.57 | 5.12 | 6.40 | 4.87 | 5.93 | ||||||||||
| PBT | 352.33 | 385.91 | 372.89 | 272.22 | 339.48 | 431.39 | 255.91 | 270.96 | 176.33 | 258.01 | ||||||||||
| Taxes & Other Items | 91.75 | 97.13 | 86.10 | 50.98 | 92.44 | 112.71 | 64.54 | 69.81 | 46.39 | 65.01 | ||||||||||
| Net Income | 260.58 | 288.78 | 286.79 | 221.24 | 247.04 | 318.68 | 191.37 | 201.15 | 129.94 | 193.00 | ||||||||||
| EPS | 26.38 | 29.23 | 29.03 | 22.39 | 25.01 | 32.26 | 19.37 | 20.36 | 13.15 | 19.54 |
MGL Company Updates
MGL Stock Peers
MGL Past Performance & Peer Comparison
MGL Past Performance & Peer Comparison
Comparing 3 stocks from
UtilitiesGas Distribution
Compare valuation on Screener
UtilitiesGas Distribution
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Mahanagar Gas Limited | 12.25 | 1.60 | 2.88% |
| Gail (India) Ltd | 14.45 | 1.23 | 3.30% |
| Adani Total Gas Ltd | 94.50 | 12.74 | 0.04% |
| Gujarat Energy Ltd | 10.40 | 1.11 | 1.34% |
Compare valuation on ScreenerMGL Stock Price Comparison
Compare MGL with any stock or ETFCompare MGL with any stock or ETF
MGL
MGL Holdings
MGL Shareholdings
MGL Promoter Holdings Trend
MGL Promoter Holdings Trend
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
MGL Shareholding Pattern
MGL Shareholding Pattern
MGL Shareholding History
MGL Shareholding History
Foreign Institutions
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) | 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 4.0731% | Percentage of the fund’s portfolio invested in the stock 0.29% | Change in the portfolio weight of the stock over the last 3 months 0.16% | 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 30/132 (+7) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.6687% | Percentage of the fund’s portfolio invested in the stock 0.88% | 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 47/138 (-3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.8452% | Percentage of the fund’s portfolio invested in the stock 1.05% | 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 26/106 (-6) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases 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
Dividends
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
Articles & Videos
Corporate
Corporate
Mahanagar Gas Limited confirms regulatory compliance with a filing to Indian stock exchangesMahanagar Gas Limited submitted a certificate to the Bombay Stock Exchange and National Stock Exchange, received from its Registrar and Transfer Agent, MUFG Intime India Private Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.
4 days agoCapital Market - Live
Corporate
Corporate
Mahanagar Gas Limited closes trading window ahead of financial results releaseMahanagar Gas Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its trading window will be closed from October 1, 2026, until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
2 weeks agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd rises for third straight sessionMahanagar 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.
2 months agoCapital Market - Live
Corporate
Corporate
Mahanagar Gas Limited’s board set a record date for a Rs 18 per share dividendMahanagar 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.
2 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd spurts 1.03%, gains for third straight sessionMahanagar 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.
2 months agoCapital Market - Live
Earnings
Earnings
Mahanagar Gas consolidated net profit declines 39.44% in the June 2026 quarterNet 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
2 months agoCapital Market - Live
Corporate
Corporate
Mahanagar Gas to convene board meetingMahanagar Gas will hold a meeting of the Board of Directors of the Company on 30 July 2026.
2 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd up for fifth sessionMahanagar 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
3 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd spurts 2.14%, gains for third straight sessionMahanagar 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
3 months agoCapital Market - Live
Spotlight
Spotlight
Mahanagar Gas Ltd up for five straight sessionsMahanagar 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
4 months agoCapital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant