Mahanagar Gas Limited Share Price & Analysis
₹1,148.05▲ +0.55%Updated 28 Apr 2026, 11:32 am IST
LTP
₹1,148.05
+0.55%
Open
₹—
High
₹1,177.6
Low
₹1,135.05
Close
₹1,148.05
52W High
₹1,587
52W Low
₹900
Volume
110K
Lot Size
1
Sector
Oil, Gas & Consumable Fuels
Market Cap
₹11K Cr
Face Value
₹10
Mid CapNIFTY 500
Price Chart
Fundamentals
P/E
11.6
Sector P/E
37.6
P/B
1.83
EPS
₹97
ROE
17.7%
ROCE
22.7%
D/E Ratio
0.04
Div Yield
2.65%
Book Value
₹629
+
Strengths
- ✓Strong return on equity (ROE 17.7%)
- ✓Efficient capital deployment (ROCE 22.7%)
- ✓Attractively valued vs sector (P/E 11.6x vs industry 37.6x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 2.7%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,369 | ₹18.0L Cr | 22.2 | 2.05 | 9.25 | 10.5 | 0.44 |
| ONGC Oil & Natural Gas Corporation Limited | ₹293 | ₹3.6L Cr | 9.43 | 1 | 10.6 | 12 | 0.48 |
| COALINDIA Coal India Limited | ₹471 | ₹2.8L Cr | 9.41 | 2.75 | 38.9 | 48 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹146 | ₹2.0L Cr | 5.67 | 1.04 | 6.51 | 7.36 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹312 | ₹1.3L Cr | 5.35 | 1.44 | 17.3 | 16.2 | 0.56 |
| GAIL GAIL (India) Limited | ₹166 | ₹1.1L Cr | 12.7 | 1.24 | 13.1 | 14 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹381 | ₹79K Cr | 5.16 | 1.43 | 13.8 | 10.5 | 1.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MGL · as of Mar 2026
Promoters32.50%
FII23.76%▼1.99
DII23.82%▲2.72
Public9.92%▼0.72
Govt10.00%
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 32.50% | 32.50% | 32.50% | 32.50% | 32.50% | 32.50% |
| FII | 30.85% | 30.54% | 31.49% | 34.20% | 25.75% | 23.76% |
| DII | 17.23% | 17.40% | 16.67% | 15.46% | 21.10% | 23.82% |
| Public | 9.43% | 9.55% | 9.32% | 7.84% | 10.64% | 9.92% |
| Govt | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
Corporate Events
Interim Dividend - Rs 12 Per Share
Dividend12 Feb 2026
Dividend - Rs 18 Per Share
Dividend13 Aug 2025
Interim Dividend - Rs 12 Per Share
Dividend2 Feb 2025
Annual General Meeting/Dividend - Rs 18 Per Share
Dividend13 Aug 2024
Interim Dividend - Rs 12 Per Share
Dividend4 Feb 2024
Annual General Meeting/Dividend - Rs 16 Per Share
Dividend13 Aug 2023
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.1K Cr ▲0.5% | ₹2.0K Cr ▼1.6% | ₹2.1K Cr ▲6.1% | ₹2.0K Cr ▲6.3% | ₹1.8K Cr ▲3.4% | ₹1.8K Cr ▲7.2% | ₹1.7K Cr ▲3.3% | ₹1.6K Cr |
| Op. Profit | ₹351 Cr ▲4.5% | ₹336 Cr ▼32.8% | ₹500 Cr ▲26.9% | ₹394 Cr ▲21.2% | ₹325 Cr ▼21.3% | ₹413 Cr ▼5.5% | ₹437 Cr ▲10.6% | ₹395 Cr |
| OPM | 17.0% ▲6.3% | 16.0% ▼33.3% | 24.0% ▲20.0% | 20.0% ▲11.1% | 18.0% ▼21.7% | 23.0% ▼11.5% | 26.0% ▲8.3% | 24.0% |
| Net Profit | ₹201 Cr ▲5.2% | ₹191 Cr ▼40.1% | ₹319 Cr ▲29.1% | ₹247 Cr ▲11.8% | ₹221 Cr ▼23.0% | ₹287 Cr ▼0.7% | ₹289 Cr ▲10.7% | ₹261 Cr |
| EPS (₹) | 20.36 ▲5.1% | 19.37 ▼40.0% | 32.26 ▲29.0% | 25.01 ▲11.7% | 22.4 ▼22.8% | 29.03 ▼0.7% | 29.24 ▲10.8% | 26.38 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Revenue | ₹7.3K Cr ▲15.5% | ₹6.3K Cr ▼0.1% | ₹6.3K Cr |
| Expenses | ₹5.7K Cr ▲28.1% | ₹4.4K Cr ▼13.1% | ₹5.1K Cr |
| Op. Profit | ₹1.6K Cr ▼14.9% | ₹1.8K Cr ▲55.7% | ₹1.2K Cr |
| OPM | 22.0% ▼24.1% | 29.0% ▲52.6% | 19.0% |
| Other Income | ₹167 Cr ▼4.6% | ₹175 Cr ▲56.3% | ₹112 Cr |
| Interest | ₹14 Cr ▲7.7% | ₹13 Cr ▲44.4% | ₹9 Cr |
| Depreciation | ₹352 Cr ▲27.1% | ₹277 Cr ▲19.9% | ₹231 Cr |
| PBT | ₹1.4K Cr ▼20.7% | ₹1.7K Cr ▲63.6% | ₹1.1K Cr |
| Tax % | 24.0% ▼7.7% | 26.0% ▲4.0% | 25.0% |
| Net Profit | ₹1.0K Cr ▼19.1% | ₹1.3K Cr ▲62.7% | ₹790 Cr |
| EPS (₹) | 105.34 ▼19.0% | 130.06 ▲62.6% | 79.98 |
| Div Payout | 28.0% ▲21.7% | 23.0% ▲15.0% | 20.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Liabilities | ||||
| Equity Capital | ₹99 Cr ▲0.0% | ₹99 Cr ▲0.0% | ₹99 Cr ▲0.0% | ₹99 Cr |
| Reserves | ₹6.1K Cr ▲5.7% | ₹5.8K Cr ▲14.7% | ₹5.0K Cr ▲24.9% | ₹4.0K Cr |
| Borrowings | ₹221 Cr ▲10.0% | ₹201 Cr ▲42.6% | ₹141 Cr ▲22.6% | ₹115 Cr |
| Other Liabilities | ₹2.2K Cr ▲2.1% | ₹2.2K Cr ▲10.9% | ₹2.0K Cr ▲10.7% | ₹1.8K Cr |
| Total Liabilities | ₹8.7K Cr ▲4.8% | ₹8.3K Cr ▲14.0% | ₹7.3K Cr ▲20.2% | ₹6.0K Cr |
| Assets | ||||
| Fixed Assets | ₹5.0K Cr ▲3.7% | ₹4.9K Cr ▲14.6% | ₹4.2K Cr ▲40.0% | ₹3.0K Cr |
| CWIP | ₹1.2K Cr ▲9.7% | ₹1.1K Cr ▲29.8% | ₹823 Cr ▲16.1% | ₹709 Cr |
| Investments | ₹1.2K Cr ▲4.8% | ₹1.2K Cr ▲8.7% | ₹1.1K Cr ▼18.4% | ₹1.3K Cr |
| Other Assets | ₹1.2K Cr ▲4.7% | ₹1.2K Cr ▲5.3% | ₹1.1K Cr ▲14.0% | ₹988 Cr |
| Total Assets | ₹8.7K Cr ▲4.8% | ₹8.3K Cr ▲14.0% | ₹7.3K Cr ▲20.2% | ₹6.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Operating CF | ₹1.4K Cr ▼10.3% | ₹1.6K Cr ▲61.8% | ₹969 Cr |
| Investing CF | ₹-1.1K Cr ▲0.5% | ₹-1.1K Cr ▼62.9% | ₹-649 Cr |
| Financing CF | ₹-332 Cr ▲33.5% | ₹-499 Cr ▼75.1% | ₹-285 Cr |
| Net Cash Flow | ₹22 Cr ▲100.0% | ₹11 Cr ▼68.6% | ₹35 Cr |
| Free Cash Flow | ₹229 Cr ▼70.9% | ₹786 Cr ▲205.8% | ₹257 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Debtor Days | 18d ▲5.9% | 17d ▲0.0% | 17d |
| Inventory Days | 4d ▲0.0% | 4d ▲33.3% | 3d |
| Days Payable | 34d ▼2.9% | 35d ▲34.6% | 26d |
| Cash Conv. Cycle | -11d ▲15.4% | -13d ▼85.7% | -7d |
| Working Capital Days | -66d ▲8.3% | -72d ▼14.3% | -63d |
| ROCE | 23.0% ▼32.4% | 34.0% | — |
Source: Screener.in · Lower days = better efficiency
Related Analysis
Frequently Asked Questions
What is Mahanagar Gas Limited share price today?▾
Mahanagar Gas Limited (MGL) is currently trading at ₹1,148.05 on NSE, up 0.55% as of the last market session. Prices update daily after market close on MarketNetra.
Is Mahanagar Gas Limited available in F&O (Futures & Options)?▾
Yes, Mahanagar Gas Limited (MGL) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Mahanagar Gas Limited 52-week high and low?▾
Mahanagar Gas Limited's 52-week high is ₹1,587 and the 52-week low is ₹900. The current price of ₹1,148.05 is 27.7% below the 52W high.
What is Mahanagar Gas Limited P/E ratio?▾
Mahanagar Gas Limited's current P/E ratio is 11.6. This indicates the market is paying ₹11.6 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Mahanagar Gas Limited options?▾
Mahanagar Gas Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade MGL options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.