Mahanagar Gas Ltd
MGLMahanagar Gas Ltd
MGL
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 8.84 | 2.45 | 1.56% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 22.68 | 2.61 | 1.99% |
Forecast & Ratings
Detailed Forecastfrom 26 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 ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
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 | 6,539.14 | ||||||||||
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 | 4,744.64 | ||||||||||
| 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 | 1,794.50 | ||||||||||
| Depreciation/Amortization | 79.91 | 82.61 | 95.13 | 111.18 | 125.93 | 161.73 | 173.67 | 196.27 | 231.14 | 250.19 | ||||||||||
| PBIT | 450.49 | 473.86 | 601.68 | 726.62 | 837.23 | 990.06 | 840.79 | 813.79 | 1,064.93 | 1,544.31 | ||||||||||
| Interest & Other Items | 1.21 | 2.22 | 1.02 | 0.09 | 0.32 | 6.53 | 7.19 | 7.53 | 9.39 | 9.61 | ||||||||||
| PBT | 449.28 | 471.64 | 600.66 | 726.53 | 836.91 | 983.53 | 833.60 | 806.26 | 1,055.54 | 1,534.70 | ||||||||||
| Taxes & Other Items | 148.29 | 160.74 | 207.23 | 248.64 | 290.53 | 190.03 | 214.03 | 209.31 | 265.49 | 386.92 | ||||||||||
| Net Income | 300.99 | 310.90 | 393.43 | 477.89 | 546.38 | 793.50 | 619.57 | 596.95 | 790.05 | 1,147.78 | ||||||||||
| EPS | 33.69 | 34.80 | 41.83 | 48.38 | 55.31 | 80.33 | 62.72 | 60.43 | 79.98 | 116.20 | ||||||||||
| 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 | 0.22 |
Company Updates
Peers & Comparison
UtilitiesGas Distribution
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Mahanagar Gas Ltd | 12.84 | 2.45 | 1.56% |
| GAIL (India) Ltd | 14.67 | 1.27 | 3.99% |
| Adani Total Gas Ltd | 129.65 | 24.09 | 0.04% |
| Gujarat Gas Ltd | 19.28 | 4.19 | 1.55% |
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
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.87%
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
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) |
|---|---|---|---|---|
KOTAK EQUITY ARBITRAGE FUND - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5452% | Percentage of the fund’s portfolio invested in the stock 0.19% | 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 67/187 (+2) |
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 0.4081% | Percentage of the fund’s portfolio invested in the stock 1.35% | Change in the portfolio weight of the stock over the last 3 months 0.10% | 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 38/54 (-2) |
HDFC MULTI CAP FUND - DIRECT PLAN - GROWTH OPTION Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3353% | Percentage of the fund’s portfolio invested in the stock 0.38% | Change in the portfolio weight of the stock over the last 3 months -0.10% | 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 20/167 (+26) |
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 1.56%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.62 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
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
Cash Dividend
Ex DateEx DateSep 17, 2021
Dividend/Share
₹14.00
Ex DateEx Date
Sep 17, 2021
News & Opinions
Mahanagar Gas To Gail: How Indian Gas Firms Fared In Q2
3 weeks ago•Bloomberg Quint
News Video
Q1 Review | What's Fueled Surge In Mahanagar Gas' Q1 Financials? BQ Prime
3 months ago•BQ Prime
News Video
Mahanagar Gas Q1 Results | मुनाफे में 37% की बढ़त लेकिन आय में 4.6% की गिरावट क्यों? जानें MD से
3 months ago•CNBC Awaaz.
Buy Mahanagar Gas; target of Rs 1285: Motilal Oswal
3 months ago•Moneycontrol
Buy Mahanagar Gas; target of Rs 1285: Sharekhan
3 months ago•Moneycontrol
Hold Mahanagar Gas; target of Rs 1056: Prabhudas Lilladher
3 months ago•Moneycontrol
Trade setup for Wednesday: Top 15 things to know before the opening bell
4 months ago•Moneycontrol
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%