What is the share price of Mahanagar Gas Ltd (MGL) today?
The share price of MGL as on 25th November 2025 is ₹1206. 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: -2.02%
- Past 1 month: -6.93%
- Past 3 months: -8.82%
- Past 6 months: -9.80%
- Past 1 year: 1.89%
- Past 3 years: 38.97%
- Past 5 years: 28.65%
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 2.48.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 ₹11952.11 Cr as of 25th November 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 ₹1586.90 and the 52-week low is ₹1153.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 11.49. The P/B (price-to-book) ratio is 2.03.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 |
|---|---|---|
| 12.22 | 2.03 | 2.48% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 22.40 | 2.87 | 1.40% |
from 30 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 · November 2025
In the recent earnings conference call, management highlighted a complex landscape marked by rising operational costs and declining profitability, primarily due to increased staff expenses and volatile gas prices. Despite these challenges, the company is experiencing robust growth in gas volumes and expanding its CNG station network, with plans for significant capital investments in new business initiatives like EV charging and LNG offerings. The anticipated merger with UEPL is expected to yield tax benefits and improve cash flow, although immediate profit impacts may be limited. As regulatory changes influence market dynamics, the company remains focused on adapting its pricing strategies while leveraging volume growth to enhance long-term profitability. Overall, while current financial pressures persist, there is cautious optimism for future performance driven by strategic expansions and operational efficiencies.
MGL Stock Growth Drivers
MGL Stock Growth Drivers
5Operational Expansion and Performance
Mahanagar Gas Limited (MGL) has achieved significant operational milestones, including connecting 53,566 domestic households in
Financial Performance and Tax Benefits
MGL reported an EBITDA of INR 338 crores for the current quarter, with a net
MGL Stock Challenges
MGL Stock Challenges
7Decline in Profitability
Mahanagar Gas Limited has reported a significant decline in profitability, with net profit after tax
Increased Gas Costs and Margin Compression
The company has faced rising gas costs, primarily due to a higher weighted average cost
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 | 8,090.38 | ||||
| Raw Materials | 4,454.93 | 3,656.65 | 4,694.03 | 6,390.37 | ||||
| Power & Fuel Cost | 148.18 | 157.52 | 198.81 | |||||
| Employee Cost | 137.09 | 151.35 | 184.09 | |||||
| Selling & Administrative Expenses | 33.18 | 37.04 | 47.46 | |||||
| Operating & Other expenses | 341.71 | 443.64 | 570.30 | |||||
| EBITDA | 1,296.07 | 2,018.77 | 1,735.70 | 1,700.01 | ||||
| Depreciation/Amortization | 231.14 | 277.36 | 352.05 | 383.66 | ||||
| PBIT | 1,064.93 | 1,741.41 | 1,383.65 | 1,316.35 | ||||
| Interest & Other Items | 9.39 | 13.30 | 14.06 | 17.35 | ||||
| PBT | 1,055.54 | 1,728.11 | 1,369.59 | 1,299.00 | ||||
| Taxes & Other Items | 265.49 | 443.42 | 329.02 | 320.67 | ||||
| Net Income | 790.05 | 1,284.69 | 1,040.57 | 978.33 | ||||
| EPS | 79.98 | 130.06 | 105.34 | 99.04 | ||||
| DPS | 16.00 | 30.00 | 30.00 | 30.00 | ||||
| Payout ratio | 0.20 | 0.23 | 0.28 | 0.30 |
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 | 11.49 | 2.03 | 2.48% |
| Gail (India) Ltd | 9.56 | 1.40 | 4.14% |
| Adani Total Gas Ltd | 101.16 | 15.73 | 0.04% |
| Indraprastha Gas Ltd | 16.22 | 2.62 | 3.52% |
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 increased by 1.43%
In last 3 months, foreign institutional holding of the company has decreased by 1.89%
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 1.2366% | Percentage of the fund’s portfolio invested in the stock 0.55% | 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 61/156 (+28) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.8538% | Percentage of the fund’s portfolio invested in the stock 1.01% | Change in the portfolio weight of the stock over the last 3 months -0.00% | 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 51/66 (+2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.7989% | Percentage of the fund’s portfolio invested in the stock 0.72% | 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 96/105 (-3) |
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 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
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹16.00
Ex DateEx Date
Aug 14, 2023
MGL Stock News & Opinions
MGL Stock News & Opinions
The MGL stock fell 1.42% on Monday (17 November) and is down another 0.45% to trade at Rs 1,230.10 on the BSE today. The stock is down 1.87% in two consecutive sessions. Media reports said the disruption began after GAIL's main gas pipeline was damaged inside the RCF premises in Trombay. The incident affected supply at MGL's City Gate Station in Wadala from Sunday, 16 November. MGL is prioritising supply to domestic Piped Natural Gas customers. Several CNG stations across Mumbai, Thane and Navi Mumbai remain shut. Restoration work is in progress. Supply is expected to normalise by 18 November, according to reports. MGL is in the business of city gas distribution (CGD), presently distribution of natural gas for domestic industrial, commercial customers and CNG vehicles. The company's standalone net profit tanked 32.57% to Rs 193.37 crore while revenue from operations (excluding excise duty) surged by 14.72% YoY to Rs 2,049.33 crore in Q2 September 2025. Powered by Capital Market - Live
Revenue from operations (excluding excise duty) surged by 14.72% YoY to Rs 2,049.33 crore for the quarter ended 30 September 2025. Profit before tax (PBT) stood at Rs 258.01 crore in the Q2 FY26 quarter, down 30.80% from Rs 372.90 crore recorded in the same period a year ago. EBITDA decreased by 1.37% YoY to Rs 838.66 crore during the period under review. The EBITDA margin for Q2 FY26 stood at 20.30%, compared to 24.63% in Q2 FY25. Total sales volume for the September 2025 quarter was 827.67 million standard cubic meters (SCM), up 9.91% YoY. During the same period, CNG sales volume reached 589.30 million SCM, reflecting a growth of 7.93% YoY, while PNG sales aggregated to 238.58 million SCM, up 15.12% 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. Powered by Capital Market - Live
Net profit of Mahanagar Gas declined 33.27% to Rs 191.37 crore in the quarter ended September 2025 as against Rs 286.79 crore during the previous quarter ended September 2024. Sales rose 14.79% to Rs 2050.40 crore in the quarter ended September 2025 as against Rs 1786.25 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2050.401786.25 15 OPM %16.3923.14 - PBDT359.89457.15 -21 PBT255.91372.89 -31 NP191.37286.79 -33 Powered by Capital Market - Live
Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 29 October 2025.Powered by Capital Market - Live
Mahanagar Gas Ltd rose for a third straight session today. The stock is quoting at Rs 1303.2, up 1.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 26078.15. The Sensex is at 85221.98, up 0.94%. Mahanagar Gas Ltd has added around 1.92% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has added around 0.96% in last one month and is currently quoting at 35644.15, up 0.57% on the day. The volume in the stock stood at 59482 shares today, compared to the daily average of 2.8 lakh shares in last one month.The PE of the stock is 11.75 based on TTM earnings ending June 25.Powered by Capital Market - Live
Mahanagar Gas Ltd gained for a third straight session today. The stock is quoting at Rs 1306.4, up 1.81% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.36% on the day, quoting at 25168.05. The Sensex is at 82125.26, up 0.41%. Mahanagar Gas Ltd has risen around 2.32% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has risen around 3.58% in last one month and is currently quoting at 35369.45, up 0.42% on the day. The volume in the stock stood at 4.59 lakh shares today, compared to the daily average of 2.69 lakh shares in last one month.The PE of the stock is 11.69 based on TTM earnings ending June 25.Powered by Capital Market - Live
Mahanagar Gas Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1281.7, down 0.06% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 24558. The Sensex is at 80224.7, down 0.7%.Mahanagar Gas Ltd has eased around 7.73% in last one month.Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has eased around 4.62% in last one month and is currently quoting at 33955.95, down 0.54% on the day. The volume in the stock stood at 8.69 lakh shares today, compared to the daily average of 2.9 lakh shares in last one month.The PE of the stock is 11.68 based on TTM earnings ending June 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 1354.4, up 1.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 24611.85. The Sensex is at 80661.84, up 0.07%. Mahanagar Gas Ltd has dropped around 8.23% in last one month. Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has dropped around 3.79% in last one month and is currently quoting at 34610.35, up 0.64% on the day. The volume in the stock stood at 1.23 lakh shares today, compared to the daily average of 5.51 lakh shares in last one month.The PE of the stock is 12.18 based on TTM earnings ending June 25.Powered by Capital Market - Live
Mahanagar Gas announced that the 30th Annual General Meeting(AGM) of the company will be held on 22 August 2025.Powered by Capital Market - Live
Mahanagar Gas Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1375.5, down 0.31% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 24697.3. The Sensex is at 80986.38, down 0.59%.Mahanagar Gas Ltd has lost around 7.26% in last one month.Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has eased around 4.13% in last one month and is currently quoting at 35250.5, down 0.55% on the day. The volume in the stock stood at 3.09 lakh shares today, compared to the daily average of 7.06 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 1375.2, down 0.25% on the day. Mahanagar Gas Ltd tumbled 25.24% in last one year as compared to a 0.56% slide in NIFTY and a 19.3% fall in the Nifty Energy index.The PE of the stock is 12.56 based on TTM earnings ending June 25.Powered by Capital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant