539957 Stock Overview Operates as a natural gas distribution company in India. More details
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Add noteMahanagar Gas Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Mahanagar Gas Historical stock prices Current Share Price ₹1,313.30 52 Week High ₹1,988.55 52 Week Low ₹1,075.00 Beta 0.79 1 Month Change 4.21% 3 Month Change -31.20% 1 Year Change 6.11% 3 Year Change 48.54% 5 Year Change 30.61% Change since IPO 152.61%
Recent News & Updates
High number of new directors Dec 01
Now 21% overvalued Nov 22
Investor sentiment deteriorates as stock falls 19% Nov 18
Price target decreased by 7.0% to ₹1,721 Oct 29
Second quarter 2025 earnings released: EPS: ₹28.70 (vs ₹34.27 in 2Q 2024) Oct 25
Investor sentiment deteriorates as stock falls 16% Oct 22 See more updates
High number of new directors Dec 01
Now 21% overvalued Nov 22
Investor sentiment deteriorates as stock falls 19% Nov 18
Price target decreased by 7.0% to ₹1,721 Oct 29
Second quarter 2025 earnings released: EPS: ₹28.70 (vs ₹34.27 in 2Q 2024) Oct 25
Investor sentiment deteriorates as stock falls 16% Oct 22
Mahanagar Gas Limited to Report Q2, 2025 Results on Oct 24, 2024 Oct 18
Mahanagar Gas Limited Approves Final Dividend for the Financial Year Ended on March 31, 2024 Aug 26
Mahanagar Gas Limited Announces Cessation of Venkatraman Srinivasan and Rajeev Bhaskar Sahi as Independent Directors and Chairman / Member of Various Committees Aug 23
Mahanagar Gas Limited, Annual General Meeting, Aug 23, 2024 Aug 02
Dividend increased to ₹18.00 Aug 02 Mahanagar Gas Limited, Annual General Meeting, Aug 23, 2024
Mahanagar Gas Limited, Annual General Meeting, Aug 23, 2024 Jul 31
Price target increased by 14% to ₹1,732 Jul 29
Price target increased by 8.4% to ₹1,592 Jul 28
First quarter 2025 earnings released: EPS: ₹29.23 (vs ₹37.30 in 1Q 2024) Jul 26
Mahanagar Gas Limited to Report Q1, 2025 Results on Jul 25, 2024 Jul 18
Investor sentiment improves as stock rises 17% Jul 01
Full year 2024 earnings released: EPS: ₹129 (vs ₹79.98 in FY 2023) May 10
Mahanagar Gas Limited Approves Final Dividend for the Financial Year 2023-24 May 10
Investor sentiment deteriorates as stock falls 18% Mar 11 Mahanagar Gas Limited (NSEI:MGL) completed the acquisition of Unison Enviro Private Limited from Ashoka Buildcon Limited (NSEI:ASHOKA) and North Haven India Infrastructure Fund, managed by Morgan Stanley Investment Management Private Limited for INR 5.6 billion. Feb 01
Upcoming dividend of ₹12.00 per share at 2.0% yield Jan 29
Price target increased by 7.5% to ₹1,344 Jan 26
Third quarter 2024 earnings released: EPS: ₹32.11 (vs ₹17.42 in 3Q 2023) Jan 24
Mahanagar Gas Limited Approves Interim Dividend for the Financial Year 2024 Jan 23
Mahanagar Gas Limited to Report Q3, 2024 Results on Jan 23, 2024 Jan 16
Mahanagar Gas Limited Announces Cessation of M. V. Iyer as Director and Chairman Nov 01
New major risk - Revenue and earnings growth Oct 31
New major risk - Revenue and earnings growth Oct 30
Second quarter 2024 earnings released: EPS: ₹34.27 (vs ₹16.60 in 2Q 2023) Oct 30
Mahanagar Gas Limited to Report First Half, 2024 Results on Oct 27, 2023 Oct 21
Mahanagar Gas Limited Approves the Final Dividend for the Financial Year Ended on March 31, 2023 Aug 25
Upcoming dividend of ₹16.00 per share at 2.4% yield Aug 07
New major risk - Revenue and earnings growth Aug 04
First quarter 2024 earnings released: EPS: ₹37.30 (vs ₹18.75 in 1Q 2023) Aug 04
Mahanagar Gas Limited Proposes Final Dividend for the Financial Year Ended on March 31, 2023 Aug 03
Mahanagar Gas Limited, Annual General Meeting, Aug 24, 2023 Aug 01
Mahanagar Gas Limited to Report Q1, 2024 Results on Aug 03, 2023 Jul 28
Price target increased by 7.3% to ₹1,159 May 10
Mahanagar Gas Limited Recommends Final Dividend for the Financial Year 2022-2023 May 09
Full year 2023 earnings released: EPS: ₹79.98 (vs ₹60.43 in FY 2022) May 09
Upcoming dividend of ₹10.00 per share at 2.8% yield Feb 07
Third quarter 2023 earnings released: EPS: ₹17.42 (vs ₹5.75 in 3Q 2022) Feb 05
Mahanagar Gas Limited Approves Interim Dividend for the Financial Year 2022-2023 Feb 03
Mahanagar Gas Limited to Report Q3, 2023 Results on Feb 02, 2023 Jan 24
Mahanagar Gas Limited Announces to Cease Sanjib Datta as Managing Director Dec 20
High number of new directors Nov 16
Second quarter 2023 earnings released: EPS: ₹16.60 (vs ₹20.68 in 2Q 2022) Nov 13
Mahanagar Gas Limited to Report Q2, 2023 Results on Nov 11, 2022 Oct 28
Mahanagar Gas Limited Appoints Mahesh Vishwanathan Iyer as Non-Executive, Non-Independent Director Oct 20
Mahanagar Gas Limited Announces Board Changes Sep 02
Mahanagar Gas Limited Announces Cessation of Baldev Singh from the Board Aug 27
Mahanagar Gas Limited Approves Interim and Final Dividend for the Financial Year Ended on March 31, 2022 Aug 26
Upcoming dividend of ₹15.50 per share Aug 04
Mahanagar Gas Limited to Report Q1, 2023 Results on Aug 06, 2022 Aug 03
Full year 2022 earnings released: EPS: ₹60.43 (vs ₹62.72 in FY 2021) Aug 01 Mahanagar Gas Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022
Full year 2022 earnings released: EPS: ₹60.43 (vs ₹62.72 in FY 2021) May 13
Mahanagar Gas Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022 May 12
Mahanagar Gas Limited to Report Q4, 2022 Results on May 10, 2022 May 03
High number of new and inexperienced directors Apr 27
Price target decreased to ₹1,157 Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Feb 09
Mahanagar Gas Limited Approves Interim Dividend for the Financial Year 2021-2022 Feb 09
Second quarter 2022 earnings released: EPS ₹20.68 (vs ₹14.61 in 2Q 2021) Oct 27
Upcoming dividend of ₹14.00 per share Sep 10
First quarter 2022 earnings released: EPS ₹20.66 (vs ₹4.58 in 1Q 2021) Jul 30
Full year 2021 earnings released: EPS ₹62.72 (vs ₹80.33 in FY 2020) May 25
Independent Director has left the company Apr 24
Independent Director has left the company Apr 13
Deputy MD & Additional Whole Time Director has left the company Apr 13
New 90-day high: ₹1,198 Feb 25
Third quarter 2021 earnings released: EPS ₹21.99 (vs ₹18.84 in 3Q 2020) Feb 11
Mahanagar Gas Limited Appoints Atul Prabhu as Company Secretary Feb 10
New 90-day high: ₹1,139 Feb 09
New 90-day high: ₹1,083 Jan 04
New 90-day high: ₹1,077 Dec 14
New 90-day high: ₹1,063 Nov 27
Mahanagar Gas Limited to Report Q2, 2021 Results on Nov 12, 2020 Oct 20
New 90-day low: ₹811 Oct 12
New 90-day low: ₹885 Sep 21
Upcoming Dividend of ₹25.50 Per Share Sep 09
New 90-day low - ₹952 Aug 31
First quarter earnings released Aug 08 Shareholder Returns 539957 IN Gas Utilities IN Market 7D 6.1% 1.9% 1.8% 1Y 6.1% -6.5% 18.0%
See full shareholder returns
Return vs Market: 539957 underperformed the Indian Market which returned 18% over the past year.
Price Volatility Is 539957's price volatile compared to industry and market? 539957 volatility 539957 Average Weekly Movement 6.6% Gas Utilities Industry Average Movement 5.5% Market Average Movement 6.2% 10% most volatile stocks in IN Market 9.0% 10% least volatile stocks in IN Market 4.1%
Stable Share Price: 539957 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 539957's weekly volatility (7%) has been stable over the past year.
About the Company Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas (CNG) to transport sector.
Show more Mahanagar Gas Limited Fundamentals Summary How do Mahanagar Gas's earnings and revenue compare to its market cap? 539957 fundamental statistics Market cap ₹128.03b Earnings (TTM ) ₹11.42b Revenue (TTM ) ₹66.33b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 539957 income statement (TTM ) Revenue ₹66.33b Cost of Revenue ₹40.36b Gross Profit ₹25.97b Other Expenses ₹14.55b Earnings ₹11.42b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 115.59 Gross Margin 39.15% Net Profit Margin 17.21% Debt/Equity Ratio 0%
How did 539957 perform over the long term?
See historical performance and comparison Dividends
2.3% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/03 11:30 End of Day Share Price 2025/01/03 00:00 Earnings 2024/09/30 Annual Earnings 2024/03/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
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Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Mahanagar Gas Limited is covered by 52 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Vivekanand Subbaraman Ambit Capital Nitin Bhasin Ambit Capital Ritesh Gupta Ambit Capital
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