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Mahanagar Gas NSEI:MGL Stock Report

Last Price

₹1.82k

Market Cap

₹179.8b

7D

-5.0%

1Y

63.7%

Updated

09 Oct, 2024

Data

Company Financials +

MGL Stock Overview

Operates as a natural gas distribution company in India.

MGL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends4/6

Mahanagar Gas Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mahanagar Gas
Historical stock prices
Current Share Price₹1,820.30
52 Week High₹1,988.00
52 Week Low₹978.75
Beta0.69
11 Month Change-1.36%
3 Month Change6.85%
1 Year Change63.67%
33 Year Change69.32%
5 Year Change85.94%
Change since IPO242.77%

Recent News & Updates

Is Mahanagar Gas (NSE:MGL) A Risky Investment?

Sep 26
Is Mahanagar Gas (NSE:MGL) A Risky Investment?

Recent updates

Is Mahanagar Gas (NSE:MGL) A Risky Investment?

Sep 26
Is Mahanagar Gas (NSE:MGL) A Risky Investment?

Mahanagar Gas Limited's (NSE:MGL) Shares Bounce 35% But Its Business Still Trails The Market

Jul 02
Mahanagar Gas Limited's (NSE:MGL) Shares Bounce 35% But Its Business Still Trails The Market

Shareholders Are Optimistic That Mahanagar Gas (NSE:MGL) Will Multiply In Value

Jun 07
Shareholders Are Optimistic That Mahanagar Gas (NSE:MGL) Will Multiply In Value

We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease

Mar 21
We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease

Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future

Mar 06
Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future

Mahanagar Gas Limited's (NSE:MGL) Price Is Right But Growth Is Lacking

Feb 17
Mahanagar Gas Limited's (NSE:MGL) Price Is Right But Growth Is Lacking

Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)

Jan 11
Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)

Mahanagar Gas (NSE:MGL) Might Become A Compounding Machine

Oct 04
Mahanagar Gas (NSE:MGL) Might Become A Compounding Machine

Estimating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)

Sep 07
Estimating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)

Mahanagar Gas (NSE:MGL) Has Announced That It Will Be Increasing Its Dividend To ₹16.00

Aug 03
Mahanagar Gas (NSE:MGL) Has Announced That It Will Be Increasing Its Dividend To ₹16.00

Capital Allocation Trends At Mahanagar Gas (NSE:MGL) Aren't Ideal

Jul 04
Capital Allocation Trends At Mahanagar Gas (NSE:MGL) Aren't Ideal

Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly

Feb 24
Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly

Mahanagar Gas' (NSE:MGL) Upcoming Dividend Will Be Larger Than Last Year's

Feb 05
Mahanagar Gas' (NSE:MGL) Upcoming Dividend Will Be Larger Than Last Year's

Mahanagar Gas' (NSE:MGL) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 19
Mahanagar Gas' (NSE:MGL) Shareholders Have More To Worry About Than Only Soft Earnings

Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly

Sep 27
Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly

Here's What's Concerning About Mahanagar Gas' (NSE:MGL) Returns On Capital

Jul 23
Here's What's Concerning About Mahanagar Gas' (NSE:MGL) Returns On Capital

Mahanagar Gas (NSE:MGL) Might Be Having Difficulty Using Its Capital Effectively

Apr 05
Mahanagar Gas (NSE:MGL) Might Be Having Difficulty Using Its Capital Effectively

Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong

Dec 17
Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong

Here's Why I Think Mahanagar Gas (NSE:MGL) Is An Interesting Stock

Nov 18
Here's Why I Think Mahanagar Gas (NSE:MGL) Is An Interesting Stock

This Is The Reason Why We Think Mahanagar Gas Limited's (NSE:MGL) CEO Deserves A Bump Up To Their Compensation

Sep 21
This Is The Reason Why We Think Mahanagar Gas Limited's (NSE:MGL) CEO Deserves A Bump Up To Their Compensation

Calculating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)

Sep 05
Calculating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)

Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future

Aug 21
Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future

Estimating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)

May 30
Estimating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)

Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong

May 10
Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong

Is Mahanagar Gas Limited (NSE:MGL) A Great Dividend Stock?

Mar 29
Is Mahanagar Gas Limited (NSE:MGL) A Great Dividend Stock?

Is Mahanagar Gas Limited's (NSE:MGL) Latest Stock Performance A Reflection Of Its Financial Health?

Mar 07
Is Mahanagar Gas Limited's (NSE:MGL) Latest Stock Performance A Reflection Of Its Financial Health?

Mahanagar Gas Limited (NSE:MGL) Passed Our Checks, And It's About To Pay A ₹9.00 Dividend

Feb 13
Mahanagar Gas Limited (NSE:MGL) Passed Our Checks, And It's About To Pay A ₹9.00 Dividend

Shareholder Returns

MGLIN Gas UtilitiesIN Market
7D-5.0%-4.7%-3.2%
1Y63.7%48.9%39.7%

Return vs Industry: MGL exceeded the Indian Gas Utilities industry which returned 48.9% over the past year.

Return vs Market: MGL exceeded the Indian Market which returned 39.7% over the past year.

Price Volatility

Is MGL's price volatile compared to industry and market?
MGL volatility
MGL Average Weekly Movement4.4%
Gas Utilities Industry Average Movement4.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market3.9%

Stable Share Price: MGL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: MGL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995532n/awww.mahanagargas.com

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.

Mahanagar Gas Limited Fundamentals Summary

How do Mahanagar Gas's earnings and revenue compare to its market cap?
MGL fundamental statistics
Market cap₹179.81b
Earnings (TTM)₹11.97b
Revenue (TTM)₹64.18b

15.0x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGL income statement (TTM)
Revenue₹64.18b
Cost of Revenue₹38.07b
Gross Profit₹26.12b
Other Expenses₹14.15b
Earnings₹11.97b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)121.16
Gross Margin40.69%
Net Profit Margin18.65%
Debt/Equity Ratio2.8%

How did MGL perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

23%

Payout Ratio