Mahanagar Gas Ltd
MGLMahanagar Gas Ltd
MGLPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
11.13 | 3.48 | 1.10% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
28.26 | 3.86 | 1.33% |
Forecast & Ratings
Detailed Forecastfrom 29 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersGail (India) Ltd
Adani Total Gas Ltd
Gujarat Gas Ltd
Indraprastha Gas Ltd
Gujarat State Petronet Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,135.63 | 2,125.48 | 2,086.63 | 2,290.69 | 2,868.78 | 3,071.08 | 2,233.04 | 3,645.93 | 6,411.16 | 6,452.33 | ||||||||||
Raw Materials | 1,295.81 | 1,232.03 | 1,020.01 | 1,030.86 | 1,402.06 | 1,383.21 | 748.86 | 2,058.96 | 4,454.93 | 4,449.42 | ||||||||||
Power & Fuel Cost | 99.24 | 104.44 | 103.97 | 104.91 | 116.22 | 117.01 | 72.95 | 121.80 | 148.18 | |||||||||||
Employee Cost | 69.14 | 75.11 | 80.87 | 87.25 | 91.87 | 102.64 | 102.28 | 108.41 | 137.09 | |||||||||||
Selling & Administrative Expenses | 26.13 | 25.02 | 26.81 | 29.77 | 33.83 | 25.07 | 40.35 | 22.37 | 33.74 | |||||||||||
Operating & Other expenses | 114.91 | 132.41 | 158.16 | 200.10 | 261.64 | 291.36 | 254.14 | 324.33 | 341.15 | |||||||||||
EBITDA | 530.40 | 556.47 | 696.81 | 837.80 | 963.16 | 1,151.79 | 1,014.46 | 1,010.06 | 1,296.07 | 2,002.91 | ||||||||||
Depreciation/Amortization | 79.91 | 82.61 | 95.13 | 111.18 | 125.93 | 161.73 | 173.67 | 196.27 | 231.14 | 259.95 | ||||||||||
PBIT | 450.49 | 473.86 | 601.68 | 726.62 | 837.23 | 990.06 | 840.79 | 813.79 | 1,064.93 | 1,742.96 | ||||||||||
Interest & Other Items | 1.21 | 2.22 | 1.02 | 0.09 | 0.32 | 6.53 | 7.19 | 7.53 | 9.39 | 9.91 | ||||||||||
PBT | 449.28 | 471.64 | 600.66 | 726.53 | 836.91 | 983.53 | 833.60 | 806.26 | 1,055.54 | 1,733.05 | ||||||||||
Taxes & Other Items | 148.29 | 160.74 | 207.23 | 248.64 | 290.53 | 190.03 | 214.03 | 209.31 | 265.49 | 440.16 | ||||||||||
Net Income | 300.99 | 310.90 | 393.43 | 477.89 | 546.38 | 793.50 | 619.57 | 596.95 | 790.05 | 1,292.89 | ||||||||||
EPS | 33.69 | 34.80 | 41.83 | 48.38 | 55.31 | 80.33 | 62.72 | 60.43 | 79.98 | 130.89 | ||||||||||
DPS | 17.50 | 17.50 | 19.00 | 19.00 | 20.00 | 35.00 | 23.00 | 25.00 | 16.00 | 26.00 | ||||||||||
Payout ratio | 0.52 | 0.50 | 0.45 | 0.39 | 0.36 | 0.44 | 0.37 | 0.41 | 0.20 | 0.20 |
Company Updates
Peers & Comparison
UtilitiesGas Distribution
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Mahanagar Gas Ltd | 18.22 | 3.48 | 1.10% |
Gail (India) Ltd | 24.01 | 2.07 | 2.44% |
Adani Total Gas Ltd | 153.59 | 34.86 | 0.03% |
Gujarat Gas Ltd | 24.19 | 5.26 | 1.24% |
Price Comparison
Compare MGL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.20%
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) |
---|---|---|---|---|
Axis Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7201% | Percentage of the fund’s portfolio invested in the stock 0.54% | Change in the portfolio weight of the stock over the last 3 months 0.54% | 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 91/122 (+23) |
UTI Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6908% | Percentage of the fund’s portfolio invested in the stock 1.11% | Change in the portfolio weight of the stock over the last 3 months 0.19% | 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 55/73 (+3) |
UTI Dividend Yield Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4892% | Percentage of the fund’s portfolio invested in the stock 1.90% | 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 24/54 (+4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
MGL has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 1.10%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.98 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
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
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹15.50
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateFeb 17, 2022
Dividend/Share
₹9.50
Ex DateEx Date
Feb 17, 2022
News & Opinions
Trade setup for Thursday: 15 things to know before opening bell
2 weeks ago•Moneycontrol
Trade setup for Monday: 15 things to know before opening bell
3 weeks ago•Moneycontrol
News Video
Mahanagar Gas Slashes CNG Prices by ₹2.5/kg! What It Means for Consumers
1 month ago•Zee Business
Mahanagar Gas - No Red Flags: ICICI Securities
1 month ago•Bloomberg Quint
News Video
News Par Views | Mahanagar Gas Reduces CNG Prices by ₹2.5/kg! How Will This Impact Consumers?
1 month ago•Zee Business
CNG Gets Cheaper In Delhi, IGL Slashes Prices By Rs 2.5/kg - News18
1 month ago•News18
Mahanagar Gas - Remain Positive Amid Government Distractions: Motilal Oswal
1 month ago•Bloomberg Quint
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 22.86%, vs industry avg of 21.53%
Increasing Market Share
Over the last 5 years, market share increased from 2.88% to 3.03%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 10.58%, vs industry avg of 10.36%