Share Price and Basic Stock Data
Last Updated: November 3, 2025, 9:19 pm
| PEG Ratio | 1.01 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Mahanagar Gas Ltd (MGL), a prominent player in the LPG/CNG/PNG/LNG bottling and distribution sector, reported a current market capitalization of ₹12,751 Cr and a share price of ₹1,291. The company has shown impressive revenue growth, with total sales reaching ₹6,299 Cr for the fiscal year ending March 2023, a significant rise from ₹3,560 Cr in the previous year. The revenue trajectory continued with a trailing twelve months (TTM) figure of ₹7,310 Cr, indicating a robust demand for its services. Over the past few quarters, MGL’s quarterly sales have fluctuated slightly, with the most recent quarter (Sep 2023) recording sales of ₹1,571 Cr. This represents a consistent recovery from a low of ₹1,455 Cr in Jun 2022, showcasing MGL’s ability to adapt to market conditions and maintain its competitive edge in a growing sector.
Profitability and Efficiency Metrics
MGL’s profitability metrics reflect strong operational efficiency, with a reported operating profit margin (OPM) of 25% and a net profit of ₹1,085 Cr. The company’s net profit margin stood at 14.33% for the fiscal year ending March 2025, highlighting its ability to convert sales into profit effectively. The return on equity (ROE) was reported at 17.7%, while the return on capital employed (ROCE) was an impressive 22.9%. This indicates that MGL is effectively utilizing its equity and capital to generate profit. Additionally, the interest coverage ratio (ICR) of 123.51x demonstrates the company’s strong capacity to meet its interest obligations, suggesting a low-risk profile in terms of debt management. Overall, MGL’s profitability and efficiency metrics outperform typical sector norms, positioning it favorably within the LPG/CNG distribution landscape.
Balance Sheet Strength and Financial Ratios
MGL’s balance sheet exhibits strength, with total reserves amounting to ₹5,791 Cr against borrowings of only ₹164 Cr, indicating a low leverage position. The company’s debt-to-equity ratio remains favorable, which is critical in a capital-intensive industry. The reported current ratio of 1.04 and quick ratio of 1.01 suggest that MGL has adequate liquidity to meet its short-term obligations. Furthermore, the price-to-book value ratio (P/BV) of 2.33x indicates that the market values MGL’s shares at a premium over its book value, reflecting investor confidence. MGL’s efficiency ratios show a cash conversion cycle (CCC) of -12 days, indicating that the company efficiently manages its working capital. Overall, MGL’s financial ratios reflect a solid and stable financial foundation, conducive to sustainable growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Mahanagar Gas Ltd reveals a diverse ownership structure, with promoters holding 32.50% of the shares, while foreign institutional investors (FIIs) and domestic institutional investors (DIIs) own 25.48% and 22.52%, respectively. This distribution indicates a healthy level of institutional interest, which is often associated with investor confidence. The public holds 9.50%, and the total number of shareholders stood at 1,66,589, reflecting a broad base of retail investors. Notably, the FIIs’ stake has seen fluctuations, declining from 30.95% in Mar 2023 to 25.48% by Jun 2025, which could signal a shift in sentiment. The consistent promoter holding suggests stability, but the changes in FIIs might warrant monitoring to assess potential impacts on stock performance and market perception.
Outlook, Risks, and Final Insight
The outlook for Mahanagar Gas Ltd appears positive, supported by its strong financial metrics and market position. However, several risks could impact its future performance. Firstly, fluctuations in global energy prices could affect margins, as MGL operates in a sector sensitive to commodity price changes. Additionally, regulatory changes in the energy sector may impose new compliance costs or operational constraints. Lastly, increasing competition from alternative energy sources may pose challenges to MGL’s market share. Despite these risks, MGL’s solid financial foundation, operational efficiency, and established market presence position it well to navigate potential challenges. The company is expected to leverage its strengths in profitability and low debt levels to sustain growth and enhance shareholder value in the long term.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Mahanagar Gas Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Petronet LNG Ltd | 42,750 Cr. | 285 | 350/266 | 11.8 | 129 | 3.51 % | 26.2 % | 21.4 % | 10.0 |
| Mahanagar Gas Ltd | 12,644 Cr. | 1,277 | 1,587/1,075 | 12.8 | 629 | 2.35 % | 22.9 % | 17.7 % | 10.0 |
| Indraprastha Gas Ltd | 30,120 Cr. | 215 | 229/153 | 21.2 | 66.3 | 1.98 % | 20.8 % | 15.7 % | 2.00 |
| Confidence Petroleum India Ltd | 1,378 Cr. | 41.6 | 84.0/40.1 | 15.1 | 40.0 | 0.24 % | 9.33 % | 7.24 % | 1.00 |
| Adani Total Gas Ltd | 68,849 Cr. | 626 | 862/533 | 110 | 41.0 | 0.04 % | 17.5 % | 16.8 % | 1.00 |
| Industry Average | 31,148.20 Cr | 488.92 | 34.18 | 181.06 | 1.62% | 19.35% | 15.77% | 4.80 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,455 | 1,563 | 1,671 | 1,610 | 1,538 | 1,571 | 1,569 | 1,567 | 1,590 | 1,712 | 1,758 | 1,865 | 1,976 |
| Expenses | 1,169 | 1,310 | 1,415 | 1,221 | 1,017 | 1,092 | 1,120 | 1,173 | 1,171 | 1,313 | 1,443 | 1,486 | 1,491 |
| Operating Profit | 286 | 253 | 256 | 390 | 521 | 479 | 449 | 394 | 418 | 399 | 314 | 378 | 485 |
| OPM % | 20% | 16% | 15% | 24% | 34% | 30% | 29% | 25% | 26% | 23% | 18% | 20% | 25% |
| Other Income | 20 | 26 | 32 | 34 | 39 | 44 | 48 | 45 | 40 | 51 | 46 | 46 | 39 |
| Interest | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 4 | 3 | 3 | 3 | 4 | 4 |
| Depreciation | 54 | 55 | 59 | 64 | 62 | 66 | 68 | 78 | 72 | 73 | 79 | 82 | 83 |
| Profit before tax | 250 | 221 | 227 | 357 | 496 | 454 | 426 | 357 | 384 | 373 | 278 | 339 | 438 |
| Tax % | 26% | 26% | 24% | 25% | 26% | 25% | 26% | 26% | 26% | 24% | 19% | 26% | 26% |
| Net Profit | 185 | 164 | 172 | 269 | 368 | 338 | 317 | 265 | 285 | 283 | 225 | 252 | 324 |
| EPS in Rs | 18.75 | 16.60 | 17.42 | 27.21 | 37.30 | 34.27 | 32.11 | 26.83 | 28.81 | 28.63 | 22.82 | 25.53 | 32.83 |
Last Updated: August 1, 2025, 5:35 pm
Below is a detailed analysis of the quarterly data for Mahanagar Gas Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,976.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,865.00 Cr. (Mar 2025) to 1,976.00 Cr., marking an increase of 111.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,491.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,486.00 Cr. (Mar 2025) to 1,491.00 Cr., marking an increase of 5.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 485.00 Cr.. The value appears strong and on an upward trend. It has increased from 378.00 Cr. (Mar 2025) to 485.00 Cr., marking an increase of 107.00 Cr..
- For OPM %, as of Jun 2025, the value is 25.00%. The value appears strong and on an upward trend. It has increased from 20.00% (Mar 2025) to 25.00%, marking an increase of 5.00%.
- For Other Income, as of Jun 2025, the value is 39.00 Cr.. The value appears to be declining and may need further review. It has decreased from 46.00 Cr. (Mar 2025) to 39.00 Cr., marking a decrease of 7.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 83.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 82.00 Cr. (Mar 2025) to 83.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 438.00 Cr.. The value appears strong and on an upward trend. It has increased from 339.00 Cr. (Mar 2025) to 438.00 Cr., marking an increase of 99.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 26.00%.
- For Net Profit, as of Jun 2025, the value is 324.00 Cr.. The value appears strong and on an upward trend. It has increased from 252.00 Cr. (Mar 2025) to 324.00 Cr., marking an increase of 72.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 32.83. The value appears strong and on an upward trend. It has increased from 25.53 (Mar 2025) to 32.83, marking an increase of 7.30.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 22, 2025, 3:26 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,885 | 2,095 | 2,078 | 2,034 | 2,233 | 2,791 | 2,972 | 2,153 | 3,560 | 6,299 | 6,245 | 6,924 | 7,310 |
| Expenses | 1,397 | 1,605 | 1,569 | 1,390 | 1,453 | 1,906 | 1,919 | 1,219 | 2,636 | 5,115 | 4,402 | 5,414 | 5,733 |
| Operating Profit | 488 | 490 | 509 | 644 | 780 | 885 | 1,053 | 934 | 924 | 1,184 | 1,843 | 1,510 | 1,577 |
| OPM % | 26% | 23% | 24% | 32% | 35% | 32% | 35% | 43% | 26% | 19% | 30% | 22% | 22% |
| Other Income | 34 | 41 | 47 | 53 | 58 | 78 | 99 | 81 | 86 | 112 | 175 | 184 | 183 |
| Interest | 0 | 1 | 2 | 1 | 0 | 0 | 7 | 7 | 8 | 9 | 12 | 13 | 14 |
| Depreciation | 81 | 80 | 83 | 95 | 111 | 126 | 162 | 174 | 196 | 231 | 274 | 306 | 317 |
| Profit before tax | 442 | 449 | 472 | 601 | 727 | 837 | 984 | 834 | 806 | 1,056 | 1,733 | 1,374 | 1,428 |
| Tax % | 33% | 33% | 34% | 34% | 34% | 35% | 19% | 26% | 26% | 25% | 26% | 24% | |
| Net Profit | 297 | 301 | 311 | 393 | 478 | 546 | 794 | 620 | 597 | 790 | 1,289 | 1,045 | 1,085 |
| EPS in Rs | 33.27 | 33.69 | 34.80 | 39.83 | 48.38 | 55.32 | 80.33 | 62.72 | 60.43 | 79.98 | 130.50 | 105.78 | 109.81 |
| Dividend Payout % | 53% | 52% | 50% | 48% | 39% | 36% | 44% | 37% | 41% | 20% | 23% | 28% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 1.35% | 3.32% | 26.37% | 21.63% | 14.23% | 45.42% | -21.91% | -3.71% | 32.33% | 63.16% | -18.93% |
| Change in YoY Net Profit Growth (%) | 0.00% | 1.98% | 23.04% | -4.74% | -7.40% | 31.20% | -67.34% | 18.20% | 36.04% | 30.84% | -82.09% |
Mahanagar Gas Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 18% |
| 3 Years: | 25% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 4% |
| 3 Years: | 18% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 14% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 20% |
| 3 Years: | 21% |
| Last Year: | 18% |
Last Updated: September 5, 2025, 10:10 am
Balance Sheet
Last Updated: May 13, 2025, 3:09 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 89 | 89 | 89 | 99 | 99 | 99 | 99 | 99 | 99 | 99 | 99 | 99 |
| Reserves | 1,208 | 1,318 | 1,639 | 1,741 | 1,997 | 2,300 | 2,854 | 3,134 | 3,499 | 4,035 | 5,044 | 5,791 |
| Borrowings | 8 | 16 | 5 | 3 | 1 | 0 | 67 | 74 | 103 | 115 | 139 | 164 |
| Other Liabilities | 664 | 743 | 637 | 782 | 914 | 1,042 | 1,109 | 1,295 | 1,534 | 1,783 | 1,944 | 2,150 |
| Total Liabilities | 1,969 | 2,166 | 2,370 | 2,624 | 3,010 | 3,441 | 4,128 | 4,601 | 5,234 | 6,032 | 7,226 | 8,204 |
| Fixed Assets | 991 | 1,064 | 1,129 | 1,305 | 1,532 | 1,763 | 2,049 | 2,169 | 2,614 | 3,026 | 3,543 | 4,104 |
| CWIP | 345 | 380 | 429 | 412 | 357 | 370 | 487 | 560 | 616 | 709 | 774 | 974 |
| Investments | 342 | 371 | 393 | 467 | 688 | 654 | 1,121 | 1,025 | 1,088 | 1,310 | 1,636 | 1,740 |
| Other Assets | 290 | 350 | 419 | 441 | 434 | 654 | 471 | 847 | 916 | 988 | 1,273 | 1,385 |
| Total Assets | 1,969 | 2,166 | 2,370 | 2,624 | 3,010 | 3,441 | 4,128 | 4,601 | 5,234 | 6,032 | 7,226 | 8,204 |
Below is a detailed analysis of the balance sheet data for Mahanagar Gas Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 99.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 99.00 Cr..
- For Reserves, as of Mar 2025, the value is 5,791.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,044.00 Cr. (Mar 2024) to 5,791.00 Cr., marking an increase of 747.00 Cr..
- For Borrowings, as of Mar 2025, the value is 164.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 139.00 Cr. (Mar 2024) to 164.00 Cr., marking an increase of 25.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 2,150.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,944.00 Cr. (Mar 2024) to 2,150.00 Cr., marking an increase of 206.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 8,204.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,226.00 Cr. (Mar 2024) to 8,204.00 Cr., marking an increase of 978.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 4,104.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,543.00 Cr. (Mar 2024) to 4,104.00 Cr., marking an increase of 561.00 Cr..
- For CWIP, as of Mar 2025, the value is 974.00 Cr.. The value appears strong and on an upward trend. It has increased from 774.00 Cr. (Mar 2024) to 974.00 Cr., marking an increase of 200.00 Cr..
- For Investments, as of Mar 2025, the value is 1,740.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,636.00 Cr. (Mar 2024) to 1,740.00 Cr., marking an increase of 104.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,385.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,273.00 Cr. (Mar 2024) to 1,385.00 Cr., marking an increase of 112.00 Cr..
- For Total Assets, as of Mar 2025, the value is 8,204.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,226.00 Cr. (Mar 2024) to 8,204.00 Cr., marking an increase of 978.00 Cr..
Notably, the Reserves (5,791.00 Cr.) exceed the Borrowings (164.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 480.00 | 474.00 | 504.00 | 641.00 | 779.00 | 885.00 | -66.00 | 860.00 | 821.00 | -114.00 | -138.00 | -163.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21 | 17 | 16 | 17 | 14 | 13 | 8 | 22 | 19 | 17 | 16 | 18 |
| Inventory Days | 5 | 5 | 5 | 8 | 8 | 5 | 5 | 11 | 5 | 3 | 4 | 4 |
| Days Payable | 34 | 32 | 33 | 43 | 39 | 40 | 35 | 76 | 48 | 26 | 34 | 34 |
| Cash Conversion Cycle | -8 | -10 | -12 | -18 | -16 | -22 | -21 | -44 | -24 | -7 | -13 | -12 |
| Working Capital Days | -77 | -80 | -59 | -79 | -86 | -78 | -97 | -152 | -106 | -63 | -72 | -70 |
| ROCE % | 35% | 33% | 30% | 34% | 37% | 37% | 37% | 27% | 23% | 27% | 34% | 23% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Axis Small Cap Fund | 918,139 | 0.72 | 178.16 | 918,139 | 2025-04-22 17:25:27 | 0% |
| UTI Value Fund | 550,000 | 0.99 | 106.72 | 550,000 | 2025-04-22 17:25:27 | 0% |
| Aditya Birla Sun Life PSU Equity Fund | 403,443 | 1.33 | 78.28 | 403,443 | 2025-04-22 17:25:27 | 0% |
| UTI Dividend Yield Fund | 400,000 | 1.73 | 77.62 | 400,000 | 2025-04-22 17:25:27 | 0% |
| HDFC Multi Cap Fund | 289,463 | 0.31 | 56.17 | 289,463 | 2025-04-22 17:25:27 | 0% |
| Baroda BNP Paribas Small Cap Fund | 270,000 | 3.32 | 52.39 | 270,000 | 2025-04-22 17:25:27 | 0% |
| Tata Retirement Savings Fund - Progressive Plan - Regular Plan | 261,000 | 2.32 | 50.64 | 261,000 | 2025-04-22 17:25:27 | 0% |
| Bandhan Flexi Cap Fund | 250,000 | 0.61 | 48.51 | 250,000 | 2025-04-22 17:25:27 | 0% |
| Tata Retirement Savings Fund - Moderate Plan - Regular Plan | 234,000 | 2.03 | 45.41 | 234,000 | 2025-04-22 17:25:27 | 0% |
| Baroda BNP Paribas Value Fund | 200,000 | 2.35 | 38.81 | 200,000 | 2025-04-22 05:46:17 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 |
|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 105.33 | 129.21 | 79.98 |
| Diluted EPS (Rs.) | 105.33 | 129.21 | 79.98 |
| Cash EPS (Rs.) | 141.06 | 157.95 | 103.38 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 595.28 | 519.85 | 418.53 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 595.28 | 519.85 | 418.53 |
| Revenue From Operations / Share (Rs.) | 735.35 | 636.78 | 637.71 |
| PBDIT / Share (Rs.) | 175.80 | 204.37 | 131.21 |
| PBIT / Share (Rs.) | 140.16 | 175.63 | 107.81 |
| PBT / Share (Rs.) | 138.74 | 174.29 | 106.86 |
| Net Profit / Share (Rs.) | 105.42 | 129.21 | 79.98 |
| NP After MI And SOA / Share (Rs.) | 105.34 | 129.21 | 79.98 |
| PBDIT Margin (%) | 23.90 | 32.09 | 20.57 |
| PBIT Margin (%) | 19.06 | 27.58 | 16.90 |
| PBT Margin (%) | 18.86 | 27.36 | 16.75 |
| Net Profit Margin (%) | 14.33 | 20.29 | 12.54 |
| NP After MI And SOA Margin (%) | 14.32 | 20.29 | 12.54 |
| Return on Networth / Equity (%) | 17.69 | 24.87 | 19.11 |
| Return on Capital Employeed (%) | 21.64 | 30.53 | 23.81 |
| Return On Assets (%) | 12.58 | 17.29 | 13.09 |
| Asset Turnover Ratio (%) | 0.92 | 0.93 | 0.00 |
| Current Ratio (X) | 1.04 | 1.12 | 1.28 |
| Quick Ratio (X) | 1.01 | 1.10 | 1.26 |
| Inventory Turnover Ratio (X) | 153.93 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 28.47 | 21.66 | 31.88 |
| Dividend Payout Ratio (CP) (%) | 21.27 | 17.72 | 24.66 |
| Earning Retention Ratio (%) | 71.53 | 78.34 | 68.12 |
| Cash Earning Retention Ratio (%) | 78.73 | 82.28 | 75.34 |
| Interest Coverage Ratio (X) | 123.51 | 151.79 | 138.03 |
| Interest Coverage Ratio (Post Tax) (X) | 75.06 | 96.97 | 85.14 |
| Enterprise Value (Cr.) | 13377.54 | 13047.43 | 9495.54 |
| EV / Net Operating Revenue (X) | 1.84 | 2.07 | 1.51 |
| EV / EBITDA (X) | 7.70 | 6.46 | 7.33 |
| MarketCap / Net Operating Revenue (X) | 1.89 | 2.14 | 1.54 |
| Retention Ratios (%) | 71.52 | 78.33 | 68.11 |
| Price / BV (X) | 2.33 | 2.63 | 2.35 |
| Price / Net Operating Revenue (X) | 1.89 | 2.14 | 1.54 |
| EarningsYield | 0.07 | 0.09 | 0.08 |
After reviewing the key financial ratios for Mahanagar Gas Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 105.33. This value is within the healthy range. It has decreased from 129.21 (Mar 24) to 105.33, marking a decrease of 23.88.
- For Diluted EPS (Rs.), as of Mar 25, the value is 105.33. This value is within the healthy range. It has decreased from 129.21 (Mar 24) to 105.33, marking a decrease of 23.88.
- For Cash EPS (Rs.), as of Mar 25, the value is 141.06. This value is within the healthy range. It has decreased from 157.95 (Mar 24) to 141.06, marking a decrease of 16.89.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 595.28. It has increased from 519.85 (Mar 24) to 595.28, marking an increase of 75.43.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 595.28. It has increased from 519.85 (Mar 24) to 595.28, marking an increase of 75.43.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 735.35. It has increased from 636.78 (Mar 24) to 735.35, marking an increase of 98.57.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 175.80. This value is within the healthy range. It has decreased from 204.37 (Mar 24) to 175.80, marking a decrease of 28.57.
- For PBIT / Share (Rs.), as of Mar 25, the value is 140.16. This value is within the healthy range. It has decreased from 175.63 (Mar 24) to 140.16, marking a decrease of 35.47.
- For PBT / Share (Rs.), as of Mar 25, the value is 138.74. This value is within the healthy range. It has decreased from 174.29 (Mar 24) to 138.74, marking a decrease of 35.55.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 105.42. This value is within the healthy range. It has decreased from 129.21 (Mar 24) to 105.42, marking a decrease of 23.79.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 105.34. This value is within the healthy range. It has decreased from 129.21 (Mar 24) to 105.34, marking a decrease of 23.87.
- For PBDIT Margin (%), as of Mar 25, the value is 23.90. This value is within the healthy range. It has decreased from 32.09 (Mar 24) to 23.90, marking a decrease of 8.19.
- For PBIT Margin (%), as of Mar 25, the value is 19.06. This value is within the healthy range. It has decreased from 27.58 (Mar 24) to 19.06, marking a decrease of 8.52.
- For PBT Margin (%), as of Mar 25, the value is 18.86. This value is within the healthy range. It has decreased from 27.36 (Mar 24) to 18.86, marking a decrease of 8.50.
- For Net Profit Margin (%), as of Mar 25, the value is 14.33. This value exceeds the healthy maximum of 10. It has decreased from 20.29 (Mar 24) to 14.33, marking a decrease of 5.96.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 14.32. This value is within the healthy range. It has decreased from 20.29 (Mar 24) to 14.32, marking a decrease of 5.97.
- For Return on Networth / Equity (%), as of Mar 25, the value is 17.69. This value is within the healthy range. It has decreased from 24.87 (Mar 24) to 17.69, marking a decrease of 7.18.
- For Return on Capital Employeed (%), as of Mar 25, the value is 21.64. This value is within the healthy range. It has decreased from 30.53 (Mar 24) to 21.64, marking a decrease of 8.89.
- For Return On Assets (%), as of Mar 25, the value is 12.58. This value is within the healthy range. It has decreased from 17.29 (Mar 24) to 12.58, marking a decrease of 4.71.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.92. It has decreased from 0.93 (Mar 24) to 0.92, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 1.04. This value is below the healthy minimum of 1.5. It has decreased from 1.12 (Mar 24) to 1.04, marking a decrease of 0.08.
- For Quick Ratio (X), as of Mar 25, the value is 1.01. This value is within the healthy range. It has decreased from 1.10 (Mar 24) to 1.01, marking a decrease of 0.09.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 153.93. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 153.93, marking an increase of 153.93.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 28.47. This value is within the healthy range. It has increased from 21.66 (Mar 24) to 28.47, marking an increase of 6.81.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 21.27. This value is within the healthy range. It has increased from 17.72 (Mar 24) to 21.27, marking an increase of 3.55.
- For Earning Retention Ratio (%), as of Mar 25, the value is 71.53. This value exceeds the healthy maximum of 70. It has decreased from 78.34 (Mar 24) to 71.53, marking a decrease of 6.81.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 78.73. This value exceeds the healthy maximum of 70. It has decreased from 82.28 (Mar 24) to 78.73, marking a decrease of 3.55.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 123.51. This value is within the healthy range. It has decreased from 151.79 (Mar 24) to 123.51, marking a decrease of 28.28.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 75.06. This value is within the healthy range. It has decreased from 96.97 (Mar 24) to 75.06, marking a decrease of 21.91.
- For Enterprise Value (Cr.), as of Mar 25, the value is 13,377.54. It has increased from 13,047.43 (Mar 24) to 13,377.54, marking an increase of 330.11.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.84. This value is within the healthy range. It has decreased from 2.07 (Mar 24) to 1.84, marking a decrease of 0.23.
- For EV / EBITDA (X), as of Mar 25, the value is 7.70. This value is within the healthy range. It has increased from 6.46 (Mar 24) to 7.70, marking an increase of 1.24.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.89. This value is within the healthy range. It has decreased from 2.14 (Mar 24) to 1.89, marking a decrease of 0.25.
- For Retention Ratios (%), as of Mar 25, the value is 71.52. This value exceeds the healthy maximum of 70. It has decreased from 78.33 (Mar 24) to 71.52, marking a decrease of 6.81.
- For Price / BV (X), as of Mar 25, the value is 2.33. This value is within the healthy range. It has decreased from 2.63 (Mar 24) to 2.33, marking a decrease of 0.30.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.89. This value is within the healthy range. It has decreased from 2.14 (Mar 24) to 1.89, marking a decrease of 0.25.
- For EarningsYield, as of Mar 25, the value is 0.07. This value is below the healthy minimum of 5. It has decreased from 0.09 (Mar 24) to 0.07, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mahanagar Gas Ltd:
- Net Profit Margin: 14.33%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 21.64% (Industry Average ROCE: 19.35%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 17.69% (Industry Average ROE: 15.77%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 75.06
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.01
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 12.8 (Industry average Stock P/E: 34.18)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 14.33%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| LPG/CNG/PNG/LNG Bottling/Distribution | MGL House, Block No : G-33, Bandra-Kurla Complex, Mumbai Maharashtra 400051 | info@mahanagargas.com http://www.mahanagargas.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Sandeep Kumar Gupta | Chairman |
| Mr. Ashu Shinghal | Managing Director |
| Mr. Sanjay Shende | Deputy Managing Director |
| Mr. Mahesh Kumar Gupta | Independent Director |
| Ms. Malvika Sinha | Independent Director |
| Mr. Syed S Hussain | Independent Director |
| Mr. Harish Kumar Agarwal | Independent Director |
| Dr. P Anbalagan | Nominee Director |
FAQ
What is the intrinsic value of Mahanagar Gas Ltd?
Mahanagar Gas Ltd's intrinsic value (as of 03 November 2025) is 1166.84 which is 8.63% lower the current market price of 1,277.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 12,644 Cr. market cap, FY2025-2026 high/low of 1,587/1,075, reserves of ₹5,791 Cr, and liabilities of 8,204 Cr.
What is the Market Cap of Mahanagar Gas Ltd?
The Market Cap of Mahanagar Gas Ltd is 12,644 Cr..
What is the current Stock Price of Mahanagar Gas Ltd as on 03 November 2025?
The current stock price of Mahanagar Gas Ltd as on 03 November 2025 is 1,277.
What is the High / Low of Mahanagar Gas Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Mahanagar Gas Ltd stocks is 1,587/1,075.
What is the Stock P/E of Mahanagar Gas Ltd?
The Stock P/E of Mahanagar Gas Ltd is 12.8.
What is the Book Value of Mahanagar Gas Ltd?
The Book Value of Mahanagar Gas Ltd is 629.
What is the Dividend Yield of Mahanagar Gas Ltd?
The Dividend Yield of Mahanagar Gas Ltd is 2.35 %.
What is the ROCE of Mahanagar Gas Ltd?
The ROCE of Mahanagar Gas Ltd is 22.9 %.
What is the ROE of Mahanagar Gas Ltd?
The ROE of Mahanagar Gas Ltd is 17.7 %.
What is the Face Value of Mahanagar Gas Ltd?
The Face Value of Mahanagar Gas Ltd is 10.0.