MGL Stock Overview
Operates as a natural gas distribution company in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for MGL from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Mahanagar Gas Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,239.55 |
| 52 Week High | ₹1,988.00 |
| 52 Week Low | ₹1,075.25 |
| Beta | 0.79 |
| 1 Month Change | 9.69% |
| 3 Month Change | -35.28% |
| 1 Year Change | 7.28% |
| 3 Year Change | 45.67% |
| 5 Year Change | 18.15% |
| Change since IPO | 133.41% |
Recent News & Updates
Be Wary Of Mahanagar Gas (NSE:MGL) And Its Returns On Capital
Dec 18
Mahanagar Gas (NSE:MGL) Strong Profits May Be Masking Some Underlying Issues
Nov 01Recent updates
Be Wary Of Mahanagar Gas (NSE:MGL) And Its Returns On Capital
Dec 18Mahanagar Gas (NSE:MGL) Strong Profits May Be Masking Some Underlying Issues
Nov 01Mahanagar Gas Limited's (NSE:MGL) Low P/E No Reason For Excitement
Oct 22Is Mahanagar Gas (NSE:MGL) A Risky Investment?
Sep 26Mahanagar Gas Limited's (NSE:MGL) Shares Bounce 35% But Its Business Still Trails The Market
Jul 02Shareholders Are Optimistic That Mahanagar Gas (NSE:MGL) Will Multiply In Value
Jun 07We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease
Mar 21Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Mar 06Mahanagar Gas Limited's (NSE:MGL) Price Is Right But Growth Is Lacking
Feb 17Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Jan 11Mahanagar Gas (NSE:MGL) Might Become A Compounding Machine
Oct 04Estimating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 07Mahanagar Gas (NSE:MGL) Has Announced That It Will Be Increasing Its Dividend To ₹16.00
Aug 03Capital Allocation Trends At Mahanagar Gas (NSE:MGL) Aren't Ideal
Jul 04Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Feb 24Mahanagar Gas' (NSE:MGL) Upcoming Dividend Will Be Larger Than Last Year's
Feb 05Mahanagar Gas' (NSE:MGL) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 19Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Sep 27Here's What's Concerning About Mahanagar Gas' (NSE:MGL) Returns On Capital
Jul 23Mahanagar Gas (NSE:MGL) Might Be Having Difficulty Using Its Capital Effectively
Apr 05Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
Dec 17Here's Why I Think Mahanagar Gas (NSE:MGL) Is An Interesting Stock
Nov 18This Is The Reason Why We Think Mahanagar Gas Limited's (NSE:MGL) CEO Deserves A Bump Up To Their Compensation
Sep 21Calculating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 05Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Aug 21Estimating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
May 30Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
May 10Shareholder Returns
| MGL | IN Gas Utilities | IN Market | |
|---|---|---|---|
| 7D | -4.7% | -2.3% | -0.9% |
| 1Y | 7.3% | 3.1% | 22.5% |
Return vs Industry: MGL exceeded the Indian Gas Utilities industry which returned 3.1% over the past year.
Return vs Market: MGL underperformed the Indian Market which returned 22.5% over the past year.
Price Volatility
| MGL volatility | |
|---|---|
| MGL Average Weekly Movement | 6.6% |
| Gas Utilities Industry Average Movement | 5.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
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 (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 532 | n/a | www.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
| MGL fundamental statistics | |
|---|---|
| Market cap | ₹122.44b |
| Earnings (TTM) | ₹11.42b |
| Revenue (TTM) | ₹66.33b |
10.7x
P/E Ratio1.8x
P/S RatioIs MGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGL 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
Next Earnings Date
n/a
| Earnings per share (EPS) | 115.59 |
| Gross Margin | 39.15% |
| Net Profit Margin | 17.21% |
| Debt/Equity Ratio | 0% |
How did MGL perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield16%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 19:19 |
| End of Day Share Price | 2024/12/18 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |