Mahanagar Gas Ltd (MGL)
₹1,100.00
Mkt cap
₹10,788 Cr
P/E ratio
15.00
P/B
1.69
Div yield
2.75%
ROE
12.30%
ROCE
17.10%
EPS (TTM)
₹73.33
Book value
₹651
52W range
908–1,363
Sector
Energy
Price history
Previous close
Mahanagar Gas Ltd is engaged in the business of City gas distribution (CGD), presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad District in the state of Maharashtra. [1]
NSE MGLBSE 539957
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−19.31% from high₹1,100
₹908+21.09% from low₹1,363
Current
₹1,100.00
Prev close
₹1,090.00
Day
+0.92%
Price performance
1D
+0.92%
1W
+2.07%
1M
−2.10%
3M
+1.80%
6M
+0.32%
1Y
−13.81%
YTD
−3.68%
Financials
Revenue, profit & margin
P/E ratio
15.0×
MGL is 6% below the sector median of 15.9×
MGL15.0×
Sector median15.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,538 | 1,571 | 1,569 | 1,567 | 1,590 | 1,786 | 1,758 | 1,963 | 2,081 | 2,049 | 2,058 | 2,051 | 2,372 | |
| Expenses | 1,017 | 1,092 | 1,120 | 1,173 | 1,171 | 1,373 | 1,443 | 1,568 | 1,581 | 1,711 | 1,706 | 1,791 | 2,029 | |
| Operating Profit | 521 | 479 | 449 | 394 | 418 | 413 | 314 | 395 | 501 | 338 | 352 | 260 | 343 | |
| OPM % | 34% | 30% | 29% | 25% | 26% | 23% | 18% | 20% | 24% | 16% | 17% | 13% | 14% | |
| Other Income | 39 | 44 | 48 | 45 | 40 | 47 | 46 | 42 | 32 | 29 | 29 | 29 | 30 | |
| Interest | 3 | 2 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 5 | 6 | |
| Depreciation | 62 | 66 | 68 | 78 | 72 | 84 | 79 | 95 | 96 | 104 | 103 | 106 | 109 | |
| Profit before tax | 496 | 454 | 426 | 357 | 384 | 373 | 278 | 338 | 432 | 258 | 272 | 178 | 259 | |
| Tax % | 26% | 25% | 26% | 26% | 26% | 23% | 19% | 28% | 26% | 25% | 26% | 26% | 25% | |
| Net Profit | 368 | 338 | 317 | 265 | 285 | 287 | 225 | 242 | 320 | 193 | 202 | 132 | 194 | |
| EPS in Rs | 37.30 | 34.27 | 32.11 | 26.83 | 28.81 | 29.03 | 22.82 | 24.53 | 32.35 | 19.58 | 20.45 | 13.36 | 19.61 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.18% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 30 Jul '26 |
| Earnings day | +0.18% |
| +1 day | −0.25% |
| +5 days | +1.89% |
| +15 days | −0.38% |
| +30 days | — |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Jun 202632.50%Promoter
Promoters32.50%
FIIs23.21%0.92
DIIs22.53%1.52
Public11.75%0.59
Government10.00%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| ATGL | ₹603.70 | 109.25 | 66,396 | 0.04% | 133 | −17.97% | 1,743 | +27.10% | 15.09% |
| PETRONET | ₹290.95 | 10.37 | 43,643 | 3.44% | 1,137 | +35.07% | 5,558 | −53.22% | 22.55% |
| GUJENERGY | ₹261.93 | 12.57 | 24,575 | 3.40% | 1,007 | +69.80% | 9,545 | +63.12% | 18.49% |
| IGL | ₹154.80 | 15.92 | 21,672 | 2.10% | 238 | −43.97% | 4,587 | +17.19% | 17.52% |
| MGL | ₹1,092.10 | 14.96 | 10,788 | 2.75% | 194 | −39.39% | 2,372 | +13.95% | 17.14% |
| CONFIPET | ₹82.18 | 20.28 | 2,730 | 0.12% | 63 | +207.04% | 2,409 | +116.60% | 9.23% |
| IRMENERGY | ₹284.50 | 15.98 | 1,168 | 0.53% | 34 | +142.89% | 326 | +24.13% | 8.63% |
| Median: 7 Co. | ₹284.50 | 15.92 | 21,672 | 2.10% | 194 | +35.07% | 2,409 | +24.13% | 17.14% |
Filings
Annual reports13
Concall transcripts78
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptJun 2025PPTJun 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptOct 2024PPTSep 2024TranscriptAug 2024TranscriptJun 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Sep - MGL will attend UBS India Summit investor meetings in-person on September 11, 2026.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 AugAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Aug - MGL to attend Ashwamedh Conference by Elara India on September 2, 2026.Shareholder Meeting / Postal Ballot-Outcome of AGM 25 AugAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript 7 Aug - Q1 FY27 earnings call: EBITDA rose 31.7% to Rs343 crore; PAT up 46.8% to Rs194 crore.