What is the share price of Mahanagar Gas Ltd (MGL) today?
The share price of MGL as on 24th October 2025 is ₹1305.10. 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: 0.16%
- Past 1 month: -0.44%
- Past 3 months: -8.64%
- Past 6 months: -1.45%
- Past 1 year: -15.42%
- Past 3 years: 66.05%
- Past 5 years: 59.17%
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 2.33.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 ₹12743.32 Cr as of 24th October 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 ₹1592.85 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 12.25. The P/B (price-to-book) ratio is 2.16.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 |
|---|---|---|
| 11.91 | 2.16 | 2.33% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 22.79 | 2.97 | 1.31% |
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 · July 2025
Mahanagar Gas Limited demonstrated robust operational growth in Q1 FY'26, adding over 16,000 domestic connections and expanding its pipeline to 7,538 kilometers, despite facing challenges such as a slowdown in CNG volume growth due to rising vehicle prices. The company reported a 28% increase in EBITDA, with margins expected to stabilize around INR 9.5 by year-end, reflecting a positive outlook amid market volatility. Strategic initiatives, including the addition of new CNG stations and a focus on commercial vehicle opportunities, aim to enhance market penetration. Furthermore, the impending merger with UEPL is anticipated to streamline capital expenditures and expedite tax benefits, reinforcing the company’s commitment to long-term growth and infrastructure development.
MGL Stock Growth Drivers
MGL Stock Growth Drivers
6Expansion of Customer Base and Infrastructure
Mahanagar Gas Limited has made significant strides in expanding its customer base and infrastructure. In
Financial Performance and Growth
Mahanagar Gas Limited reported a robust financial performance in Q1 FY'26, with an EBITDA from
MGL Stock Challenges
MGL Stock Challenges
6Decline in CNG Volume Growth
Mahanagar Gas Limited has reported a slowdown in CNG volume growth, decreasing to 7.5% in
Increased Operating Expenses
The company has experienced a rise in operating expenses per unit, which increased to INR
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 | 7,844.14 | ||||
| Raw Materials | 4,454.93 | 3,656.65 | 4,694.03 | 6,048.79 | ||||
| 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 | 1,795.35 | ||||
| Depreciation/Amortization | 231.14 | 277.36 | 352.05 | 364.85 | ||||
| PBIT | 1,064.93 | 1,741.41 | 1,383.65 | 1,430.50 | ||||
| Interest & Other Items | 9.39 | 13.30 | 14.06 | 15.43 | ||||
| PBT | 1,055.54 | 1,728.11 | 1,369.59 | 1,415.07 | ||||
| Taxes & Other Items | 265.49 | 443.42 | 329.02 | 345.39 | ||||
| Net Income | 790.05 | 1,284.69 | 1,040.57 | 1,069.68 | ||||
| EPS | 79.98 | 130.06 | 105.34 | 108.29 | ||||
| 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 | 12.25 | 2.16 | 2.33% |
| Gail (India) Ltd | 9.42 | 1.38 | 4.20% |
| Adani Total Gas Ltd | 104.75 | 16.29 | 0.04% |
| Indraprastha Gas Ltd | 16.91 | 2.73 | 3.37% |
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 1.1763% | Percentage of the fund’s portfolio invested in the stock 0.58% | 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 90/151 (+2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.8122% | Percentage of the fund’s portfolio invested in the stock 1.06% | 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 50/65 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.7599% | Percentage of the fund’s portfolio invested in the stock 0.75% | Change in the portfolio weight of the stock over the last 3 months 0.14% | 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 92/106 (-8) |
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
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
Revenue from operations (excluding excise duty) surged by 24.30% YoY to Rs 1,975.92 crore for the quarter ended 30 June 2025. On a quarter-on-quarter (QoQ) basis, the company's standalone net profit surged 28.60%, while revenue from operations increased by 5.95% in Q1 FY26. Profit before tax (PBT) stood at Rs 437.77 crore in the June FY26 quarter, up 14.09% from Rs 383.69 crore recorded in the same period a year ago. EBITDA increased by 15.98% YoY to Rs 485.36 crore during the period under review. The EBITDA margin for Q1 FY26 stood at 24.56%, compared to 26.33% in Q1 FY25. Total sales volume for the June 2025 quarter was 384.86 million standard cubic meters (SCM), up 9.61% YoY. During the same period, CNG sales volume reached 271.31 million SCM, reflecting a growth of 7.54% YoY, while PNG sales aggregated to 113.55 million SCM, up 14.89% 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 scrip declined 1.87% to Rs 1484.95 on the BSE.Powered by Capital Market - Live
Net profit of Mahanagar Gas rose 10.08% to Rs 317.89 crore in the quarter ended June 2025 as against Rs 288.78 crore during the previous quarter ended June 2024. Sales rose 25.05% to Rs 2083.01 crore in the quarter ended June 2025 as against Rs 1665.76 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales2083.011665.76 25 OPM %24.0026.22 - PBDT527.48469.20 12 PBT431.39385.91 12 NP317.89288.78 10 Powered by Capital Market - Live
Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 22 July 2025.Powered by Capital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant