Mahanagar Gas Limited

NSEI:MGL Stock Report

Market Cap: ₹128.0b

Mahanagar Gas Future Growth

Future criteria checks 0/6

Mahanagar Gas is forecast to grow earnings and revenue by 0.4% and 6.1% per annum respectively. EPS is expected to decline by 0.8% per annum. Return on equity is forecast to be 16.6% in 3 years.

Key information

0.4%

Earnings growth rate

-0.8%

EPS growth rate

Gas Utilities earnings growth1.4%
Revenue growth rate6.1%
Future return on equity16.6%
Analyst coverage

Good

Last updated20 Dec 2024

Recent future growth updates

Recent updates

Be Wary Of Mahanagar Gas (NSE:MGL) And Its Returns On Capital

Dec 18
Be Wary Of Mahanagar Gas (NSE:MGL) And Its Returns On Capital

Mahanagar Gas (NSE:MGL) Strong Profits May Be Masking Some Underlying Issues

Nov 01
Mahanagar Gas (NSE:MGL) Strong Profits May Be Masking Some Underlying Issues

Mahanagar Gas Limited's (NSE:MGL) Low P/E No Reason For Excitement

Oct 22
Mahanagar Gas Limited's (NSE:MGL) Low P/E No Reason For Excitement

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

Earnings and Revenue Growth Forecasts

NSEI:MGL - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202776,40610,8516,80214,12920
3/31/202670,84110,4515,72813,58026
3/31/202565,45910,0595,93013,78025
9/30/202466,33411,4185,18914,926N/A
6/30/202464,18111,968N/AN/AN/A
3/31/202462,90112,7647,84515,679N/A
12/31/202362,88012,929N/AN/AN/A
9/30/202363,90611,4787,05414,034N/A
6/30/202363,8239,733N/AN/AN/A
3/31/202362,9937,9012,5629,693N/A
12/31/202257,7566,530N/AN/AN/A
9/30/202251,3205,3771607,530N/A
6/30/202243,9945,781N/AN/AN/A
3/31/202235,6025,9702,5479,037N/A
12/31/202131,9116,779N/AN/AN/A
9/30/202128,2978,3847,39112,024N/A
6/30/202125,0637,784N/AN/AN/A
3/31/202121,5256,1964,6588,055N/A
12/31/202021,2145,734N/AN/AN/A
9/30/202021,9955,4222,9916,507N/A
6/30/202024,7646,685N/AN/AN/A
3/31/202029,7217,9355,4779,852N/A
12/31/201930,0817,604N/AN/AN/A
9/30/201930,1637,2265,1078,915N/A
6/30/201929,2925,883N/AN/AN/A
3/31/201927,9115,4643,2196,846N/A
12/31/201826,5555,177N/AN/AN/A
9/30/201824,8424,934N/AN/AN/A
6/30/201823,2154,819N/AN/AN/A
3/31/201822,3304,779N/A6,521N/A
12/31/201721,7144,726N/AN/AN/A
9/30/201720,9434,476N/AN/AN/A
6/30/201720,8144,250N/AN/AN/A
3/31/201720,3403,934N/A5,323N/A
12/31/201620,0623,762N/AN/AN/A
9/30/201620,1733,532N/AN/AN/A
6/30/201620,3593,235N/AN/AN/A
3/31/201620,7833,109N/A4,190N/A
3/31/201520,7833,010N/A4,267N/A
3/31/201418,6992,972N/A3,976N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGL's forecast earnings growth (0.4% per year) is below the savings rate (6.7%).

Earnings vs Market: MGL's earnings (0.4% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: MGL's earnings are forecast to grow, but not significantly.

Revenue vs Market: MGL's revenue (6.1% per year) is forecast to grow slower than the Indian market (10.6% per year).

High Growth Revenue: MGL's revenue (6.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MGL's Return on Equity is forecast to be low in 3 years time (16.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 08:47
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Nitin BhasinAmbit Capital
Ritesh GuptaAmbit Capital