Share Price and Basic Stock Data
Last Updated: January 3, 2026, 11:49 am
| PEG Ratio | 1.07 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Mahanagar Gas Ltd operates in the Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and Piped Natural Gas (PNG) distribution sectors. The company reported a market capitalization of ₹11,280 Cr and a share price of ₹1,142. Revenue from operations for the trailing twelve months (TTM) stood at ₹7,753 Cr, reflecting a robust growth trajectory from ₹6,299 Cr in FY 2023. Quarterly sales figures indicate a steady increase, with a notable rise to ₹1,571 Cr in September 2023 from ₹1,563 Cr in September 2022. The highest quarterly revenue recorded was ₹2,081 Cr in June 2025, demonstrating the company’s ability to capitalize on growing demand for cleaner fuels. Mahanagar Gas has also shown resilience against fluctuating market conditions, maintaining a consistent revenue stream while managing operational costs effectively.
Profitability and Efficiency Metrics
The company’s profitability metrics are impressive, with a net profit of ₹990 Cr and a net profit margin of 14.33% as of March 2025. Operating profit margin (OPM) stood at 23.90%, showcasing the company’s operational efficiency compared to the sector average. The return on equity (ROE) was reported at 17.7%, while return on capital employed (ROCE) stood at 22.9%, indicating effective capital utilization. Mahanagar Gas has also maintained a commendable interest coverage ratio (ICR) of 123.51x, suggesting strong earnings relative to its interest obligations. However, the company faced fluctuations in its operating profit margins, which peaked at 34% in June 2023 before declining to 16% in September 2025. This variability suggests external pressures affecting operational efficiency, warranting close monitoring.
Balance Sheet Strength and Financial Ratios
Mahanagar Gas reported reserves of ₹6,114 Cr and borrowings of ₹216 Cr, presenting a solid balance sheet with low leverage. The debt-to-equity ratio indicates prudent financial management, with borrowings constituting only a minor fraction of total assets. The company’s book value per share rose to ₹595.28 in March 2025, up from ₹418.53 in March 2023, reflecting healthy retained earnings. The current ratio stood at 1.04, indicating adequate liquidity to meet short-term obligations. Furthermore, the company’s enterprise value (EV) of ₹13,378 Cr and EV/EBITDA ratio of 7.70 suggests that the stock is attractively priced relative to its earnings potential. However, the increase in total liabilities to ₹8,204 Cr in March 2025 from ₹6,032 Cr in March 2023 may introduce risk if not managed effectively.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Mahanagar Gas reveals a diversified ownership structure, with promoters holding 32.50% and foreign institutional investors (FIIs) at 23.59%. Domestic institutional investors (DIIs) accounted for 22.89%, while the public held 11.01% of the shares. The number of shareholders increased to 1,78,576 by September 2025, up from 1,53,582 in September 2023, indicating growing investor interest. The stability in promoter holding reflects confidence in the company’s long-term prospects. However, fluctuations in FII ownership, which peaked at 32.38% in June 2023 before declining, could signal concerns regarding market conditions or performance. Overall, the strong institutional backing and increasing shareholder base suggest robust investor confidence, despite some volatility in foreign investment levels.
Outlook, Risks, and Final Insight
Mahanagar Gas is positioned well to capitalize on the growing demand for cleaner energy sources, with a strong operational framework and financial stability. However, the company faces risks such as fluctuating operational profit margins and potential regulatory challenges in the energy sector. Additionally, the increasing total liabilities could pose a risk if not managed prudently. The outlook remains positive, especially if the company can maintain its profitability while managing costs effectively. Potential scenarios include continued revenue growth driven by rising demand for LPG and CNG, or challenges arising from market volatility and regulatory changes that could impact operational efficiency. A balanced approach towards leveraging its financial strengths while addressing risks will be crucial for sustaining its growth trajectory.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Petronet LNG Ltd | 43,658 Cr. | 291 | 337/264 | 12.2 | 137 | 3.44 % | 26.2 % | 21.4 % | 10.0 |
| Mahanagar Gas Ltd | 11,280 Cr. | 1,142 | 1,587/1,092 | 11.4 | 629 | 2.63 % | 22.9 % | 17.7 % | 10.0 |
| Indraprastha Gas Ltd | 27,208 Cr. | 194 | 229/172 | 20.0 | 70.0 | 2.19 % | 20.8 % | 15.7 % | 2.00 |
| Confidence Petroleum India Ltd | 1,238 Cr. | 37.2 | 77.3/32.5 | 13.2 | 41.4 | 0.27 % | 9.33 % | 7.24 % | 1.00 |
| Adani Total Gas Ltd | 64,625 Cr. | 588 | 798/533 | 103 | 41.0 | 0.04 % | 17.5 % | 16.8 % | 1.00 |
| Industry Average | 29,601.80 Cr | 450.44 | 31.96 | 183.68 | 1.71% | 19.35% | 15.77% | 4.80 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,563 | 1,671 | 1,610 | 1,538 | 1,571 | 1,569 | 1,567 | 1,590 | 1,786 | 1,758 | 1,865 | 2,081 | 2,049 |
| Expenses | 1,310 | 1,415 | 1,221 | 1,017 | 1,092 | 1,120 | 1,173 | 1,171 | 1,373 | 1,443 | 1,486 | 1,581 | 1,711 |
| Operating Profit | 253 | 256 | 390 | 521 | 479 | 449 | 394 | 418 | 413 | 314 | 378 | 501 | 338 |
| OPM % | 16% | 15% | 24% | 34% | 30% | 29% | 25% | 26% | 23% | 18% | 20% | 24% | 16% |
| Other Income | 26 | 32 | 34 | 39 | 44 | 48 | 45 | 40 | 47 | 46 | 46 | 32 | 29 |
| Interest | 2 | 2 | 2 | 3 | 2 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 5 |
| Depreciation | 55 | 59 | 64 | 62 | 66 | 68 | 78 | 72 | 84 | 79 | 82 | 96 | 104 |
| Profit before tax | 221 | 227 | 357 | 496 | 454 | 426 | 357 | 384 | 373 | 278 | 339 | 432 | 258 |
| Tax % | 26% | 24% | 25% | 26% | 25% | 26% | 26% | 26% | 23% | 19% | 26% | 26% | 25% |
| Net Profit | 164 | 172 | 269 | 368 | 338 | 317 | 265 | 285 | 287 | 225 | 252 | 320 | 193 |
| EPS in Rs | 16.60 | 17.42 | 27.21 | 37.30 | 34.27 | 32.11 | 26.83 | 28.81 | 29.03 | 22.82 | 25.53 | 32.35 | 19.58 |
Last Updated: December 30, 2025, 2:37 am
Below is a detailed analysis of the quarterly data for Mahanagar Gas Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 2,049.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,081.00 Cr. (Jun 2025) to 2,049.00 Cr., marking a decrease of 32.00 Cr..
- For Expenses, as of Sep 2025, the value is 1,711.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,581.00 Cr. (Jun 2025) to 1,711.00 Cr., marking an increase of 130.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 338.00 Cr.. The value appears to be declining and may need further review. It has decreased from 501.00 Cr. (Jun 2025) to 338.00 Cr., marking a decrease of 163.00 Cr..
- For OPM %, as of Sep 2025, the value is 16.00%. The value appears to be declining and may need further review. It has decreased from 24.00% (Jun 2025) to 16.00%, marking a decrease of 8.00%.
- For Other Income, as of Sep 2025, the value is 29.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Jun 2025) to 29.00 Cr., marking a decrease of 3.00 Cr..
- For Interest, as of Sep 2025, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Jun 2025) to 5.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 104.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 96.00 Cr. (Jun 2025) to 104.00 Cr., marking an increase of 8.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 258.00 Cr.. The value appears to be declining and may need further review. It has decreased from 432.00 Cr. (Jun 2025) to 258.00 Cr., marking a decrease of 174.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Jun 2025) to 25.00%, marking a decrease of 1.00%.
- For Net Profit, as of Sep 2025, the value is 193.00 Cr.. The value appears to be declining and may need further review. It has decreased from 320.00 Cr. (Jun 2025) to 193.00 Cr., marking a decrease of 127.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 19.58. The value appears to be declining and may need further review. It has decreased from 32.35 (Jun 2025) to 19.58, marking a decrease of 12.77.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:01 am
| 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 | 7,753 |
| 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 | 6,222 |
| Operating Profit | 488 | 490 | 509 | 644 | 780 | 885 | 1,053 | 934 | 924 | 1,184 | 1,843 | 1,510 | 1,531 |
| OPM % | 26% | 23% | 24% | 32% | 35% | 32% | 35% | 43% | 26% | 19% | 30% | 22% | 20% |
| Other Income | 34 | 41 | 47 | 53 | 58 | 78 | 99 | 81 | 86 | 112 | 175 | 184 | 154 |
| Interest | 0 | 1 | 2 | 1 | 0 | 0 | 7 | 7 | 8 | 9 | 12 | 13 | 17 |
| Depreciation | 81 | 80 | 83 | 95 | 111 | 126 | 162 | 174 | 196 | 231 | 274 | 306 | 361 |
| Profit before tax | 442 | 449 | 472 | 601 | 727 | 837 | 984 | 834 | 806 | 1,056 | 1,733 | 1,374 | 1,308 |
| 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 | 990 |
| 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 | 100.28 |
| 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: December 10, 2025, 3:02 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 89 | 89 | 89 | 99 | 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 | 6,114 |
| Borrowings | 8 | 16 | 5 | 3 | 1 | 0 | 67 | 74 | 103 | 115 | 139 | 164 | 216 |
| Other Liabilities | 664 | 743 | 637 | 782 | 914 | 1,042 | 1,109 | 1,295 | 1,534 | 1,783 | 1,944 | 2,150 | 2,220 |
| 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 | 8,649 |
| 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 | 5,022 |
| CWIP | 345 | 380 | 429 | 412 | 357 | 370 | 487 | 560 | 616 | 709 | 774 | 974 | 1,163 |
| Investments | 342 | 371 | 393 | 467 | 688 | 654 | 1,121 | 1,025 | 1,088 | 1,310 | 1,636 | 1,740 | 1,237 |
| Other Assets | 290 | 350 | 419 | 441 | 434 | 654 | 471 | 847 | 916 | 988 | 1,273 | 1,385 | 1,228 |
| 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 | 8,649 |
Below is a detailed analysis of the balance sheet data for Mahanagar Gas Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 99.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 99.00 Cr..
- For Reserves, as of Sep 2025, the value is 6,114.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,791.00 Cr. (Mar 2025) to 6,114.00 Cr., marking an increase of 323.00 Cr..
- For Borrowings, as of Sep 2025, the value is 216.00 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 164.00 Cr. (Mar 2025) to 216.00 Cr., marking an increase of 52.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2,220.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,150.00 Cr. (Mar 2025) to 2,220.00 Cr., marking an increase of 70.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 8,649.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,204.00 Cr. (Mar 2025) to 8,649.00 Cr., marking an increase of 445.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 5,022.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,104.00 Cr. (Mar 2025) to 5,022.00 Cr., marking an increase of 918.00 Cr..
- For CWIP, as of Sep 2025, the value is 1,163.00 Cr.. The value appears strong and on an upward trend. It has increased from 974.00 Cr. (Mar 2025) to 1,163.00 Cr., marking an increase of 189.00 Cr..
- For Investments, as of Sep 2025, the value is 1,237.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,740.00 Cr. (Mar 2025) to 1,237.00 Cr., marking a decrease of 503.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,228.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,385.00 Cr. (Mar 2025) to 1,228.00 Cr., marking a decrease of 157.00 Cr..
- For Total Assets, as of Sep 2025, the value is 8,649.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,204.00 Cr. (Mar 2025) to 8,649.00 Cr., marking an increase of 445.00 Cr..
Notably, the Reserves (6,114.00 Cr.) exceed the Borrowings (216.00 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
| 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
| 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 | 1,157,462 | 0.52 | 138.92 | 918,139 | 2025-12-08 02:14:05 | 26.07% |
| UTI Value Fund | 799,175 | 0.95 | 95.92 | 550,000 | 2025-12-08 02:14:05 | 45.3% |
| Canara Robeco Small Cap Fund | 747,746 | 0.69 | 89.74 | N/A | N/A | N/A |
| HDFC Multi Cap Fund | 721,676 | 0.44 | 86.62 | 711,500 | 2025-12-14 01:54:51 | 1.43% |
| Aditya Birla Sun Life PSU Equity Fund | 707,043 | 1.51 | 84.86 | 403,443 | 2025-12-08 02:14:05 | 75.25% |
| Mahindra Manulife Multi Cap Fund | 566,000 | 1.11 | 67.93 | N/A | N/A | N/A |
| Aditya Birla Sun Life Value Fund | 508,440 | 0.96 | 61.02 | N/A | N/A | N/A |
| UTI Dividend Yield Fund | 429,412 | 1.31 | 51.54 | 400,000 | 2025-12-08 02:14:05 | 7.35% |
| UTI ELSS Tax Saver Fund | 399,652 | 1.27 | 47.97 | N/A | N/A | N/A |
| Baroda BNP Paribas Multi Cap Fund | 276,035 | 1.05 | 33.13 | N/A | N/A | N/A |
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: 11.4 (Industry average Stock P/E: 31.96)
- 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 | Contact not found |
| 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 04 January 2026) is ₹1042.06 which is 8.75% lower the current market price of ₹1,142.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹11,280 Cr. market cap, FY2025-2026 high/low of ₹1,587/1,092, reserves of ₹6,114 Cr, and liabilities of ₹8,649 Cr.
What is the Market Cap of Mahanagar Gas Ltd?
The Market Cap of Mahanagar Gas Ltd is 11,280 Cr..
What is the current Stock Price of Mahanagar Gas Ltd as on 04 January 2026?
The current stock price of Mahanagar Gas Ltd as on 04 January 2026 is ₹1,142.
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 ₹1,587/1,092.
What is the Stock P/E of Mahanagar Gas Ltd?
The Stock P/E of Mahanagar Gas Ltd is 11.4.
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 2.63 %.
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.