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Mahanagar Gas NSEI:MGL Stock Report

Last Price

₹1.36k

Market Cap

₹134.7b

7D

3.2%

1Y

38.5%

Updated

28 Mar, 2024

Data

Company Financials +

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₹1,364.05
52 Week High₹1,580.00
52 Week Low₹909.00
Beta0.63
1 Month Change-9.82%
3 Month Change13.62%
1 Year Change38.51%
3 Year Change15.45%
5 Year Change37.83%
Change since IPO156.86%

Recent News & Updates

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

Recent updates

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

Many Would Be Jealous Of Mahanagar Gas' (NSE:MGL) Returns On Capital

Jan 26
Many Would Be Jealous Of Mahanagar Gas' (NSE:MGL) Returns On Capital

Mahanagar Gas (NSE:MGL) Shareholders Booked A 11% Gain In The Last Year

Jan 08
Mahanagar Gas (NSE:MGL) Shareholders Booked A 11% Gain In The Last Year

Should Mahanagar Gas Limited (NSE:MGL) Be Part Of Your Dividend Portfolio?

Dec 08
Should Mahanagar Gas Limited (NSE:MGL) Be Part Of Your Dividend Portfolio?

A Quick Analysis On Mahanagar Gas' (NSE:MGL) CEO Compensation

Nov 17
A Quick Analysis On Mahanagar Gas' (NSE:MGL) CEO Compensation

Mahanagar Gas Limited's (NSE:MGL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Nov 02
Mahanagar Gas Limited's (NSE:MGL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

A Look Into Mahanagar Gas' (NSE:MGL) Impressive Returns On Capital

Oct 19
A Look Into Mahanagar Gas' (NSE:MGL) Impressive Returns On Capital

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

Sep 29
Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)

Why You Might Be Interested In Mahanagar Gas Limited (NSE:MGL) For Its Upcoming Dividend

Sep 11
Why You Might Be Interested In Mahanagar Gas Limited (NSE:MGL) For Its Upcoming Dividend

The Mahanagar Gas (NSE:MGL) Share Price Is Up 13% And Shareholders Are Holding On

Sep 02
The Mahanagar Gas (NSE:MGL) Share Price Is Up 13% And Shareholders Are Holding On

Shareholder Returns

MGLIN Gas UtilitiesIN Market
7D3.2%1.9%1.8%
1Y38.5%27.4%48.6%

Return vs Industry: MGL exceeded the Indian Gas Utilities industry which returned 26.6% over the past year.

Return vs Market: MGL underperformed the Indian Market which returned 47.3% over the past year.

Price Volatility

Is MGL's price volatile compared to industry and market?
MGL volatility
MGL Average Weekly Movement6.2%
Gas Utilities Industry Average Movement6.0%
Market Average Movement6.6%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.0%

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

Volatility Over Time: MGL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995509n/ahttps://www.mahanagargas.com

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides commercial piped natural gas (PNG), industrial PNG, domestic PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 9 lakh CNG vehicles with 1,800 dispensing points; 550 km of steel pipeline and 6000 km of poly-ethylene pipeline; and 4500 commercial and industrial customers.

Mahanagar Gas Limited Fundamentals Summary

How do Mahanagar Gas's earnings and revenue compare to its market cap?
MGL fundamental statistics
Market cap₹134.74b
Earnings (TTM)₹12.93b
Revenue (TTM)₹62.88b

10.4x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGL income statement (TTM)
Revenue₹62.88b
Cost of Revenue₹37.10b
Gross Profit₹25.78b
Other Expenses₹12.85b
Earnings₹12.93b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)130.89
Gross Margin41.00%
Net Profit Margin20.56%
Debt/Equity Ratio2.5%

How did MGL perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

21%

Payout Ratio
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