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Mahanagar Gas Ltd.

1,053.00−0.35 (−0.03%)

BSE · 30 Oct, 4:01 PM

: ₹10,324.25 Cr
: 14.43
: 9,597
: ₹1,054.25 - ₹1,037.75
: ₹1,285.00 - ₹902.00

Mahanagar Gas Ltd. (MGL) share price closed at ₹1,053.00 on the BSE on Friday, October 30, 2026, down by 0.03% from its of ₹1,053.35. In that session MGL reached a of 1,054.25 and of 1,037.75. The for the session was 1,047.69. The stands at 1,068.31 and is at 1,089.09. Looking at , the stock ended the session moving sideways.

Stock Overview

₹1,043.55

₹1,053.35

₹1,047.69

₹1,068.31

Price 1.43% below

₹1,089.09

Price 3.31% below

Key Fundamentals

: 10,324.25 Cr₹10.32 Thousand Crore
: 72.43
: 14.43
: 1.56
: 670.25
: 1,410.84 Cr₹1.41 Thousand Crore
: 2.87 %
Sector
Industry: Gas Transmission/Marketing
: 13.66
: 0.00

Industry Comparison

Ratio	Company	Sector
	14.43	14.31
	0.00	0.17
	1.56	1.56
	0.94	0.94
	2.87 %	3.27 %
Operating Margin	16.00 %	12.61 %

Sector figures are the median of 6 listed Gas Transmission companies.

Peer Comparison

Name
GAIL (I) LTD GAIL	168.00	8.75	1,10,461.67	3.27	4,723.75	137.53%	47,301.03	32.65%	10.17
ATGL ATGL	535.00	91.53	58,839.84	0.05	173.27	5.98%	2,109.65	33.83%	16.96
GUJENERGY GUJENERGY	208.20	10.30	19,533.97	4.27	1,007.40	84.19%	9,771.38	61.62%	11.32
INDRA GAS IGL	139.35	14.31	19,509.02	3.41	23.75	-93.83%	5,615.38	26.30%	18.23
Mahanagar Gas Ltd. MGL	1,053.00	14.43	10,324.25	2.87	192.64	-39.53%	2,598.90	13.88%	18.78
GSPLTRANS GSPLTRANS	113.55

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	1,832.15	1,962.87	2,031.51	2,152.44	2,282.07	2,256.36	2,267.93	2,258.90	2,598.90
Expenses	1,395.40	1,549.45	1,706.72	1,757.43	1,781.39	1,918.50	1,915.85	1,998.93	2,256.12
	436.75	413.42	324.79	395.01	500.68	337.86	352.08	259.97	342.78
	23.84%	21.06%	15.99%	18.35%	21.94%	14.97%	15.52%	11.51%	13.19%
	35.65	46.93	41.98	42.02	32.15	29.02	29.60	29.10	30.43
Interest	3.20	3.20	3.49	4.17	4.57	5.12	6.40	4.87	5.93
	83.29	84.26	90.17	95.24	96.09	103.98	103.55	106.26	108.96
	385.91	372.89	273.11	336.76	431.39	255.91	270.96	176.33	258.01
	25.17%	23.09%	18.41%	28.32%	26.15%	25.27%	25.78%	26.49%	25.34%
	288.78	286.79	222.91	241.41	318.68	191.37	201.15	129.96	193.00
	29.23	29.03	22.57	24.44	32.26	19.37	20.36	13.16	19.54

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00
INCOME :
	6,921.12	6,914.51	7,979.12	9,065.39
Less: Excise Duty	621.68	624.25	715.17	819.56
	6,299.28	6,290.10	7,263.80	8,245.70
EXPENDITURE :
Increase/Decrease in Stock	-0.79	0.17	-0.62	-1.10
Raw Material Consumed	4,435.64	3,645.43	4,680.30	5,637.15
Power & Fuel Cost	148.18	157.52	198.81	216.36
Employee Cost	107.89	119.41	146.81	176.65
Other Manufacturing Expenses	119.50	145.66	180.46	204.31
General and Administration Expenses	32.16	33.69	44.09	58.64
Miscellaneous Expenses	272.59	344.32	447.11	503.10
	5,115.17	4,446.20	5,696.96	6,795.11
Operating Profit (Excl OI)	1,184.11	1,843.90	1,566.84	1,450.59
	111.96	174.87	169.72	119.87
	1,296.07	2,018.77	1,736.56	1,570.46
Interest	9.39	13.30	14.06	20.96
PBDT	1,286.68	2,005.47	1,722.50	1,549.50
	231.14	277.36	352.05	409.88
Profit Before Taxation & Exceptional Items	1,055.54	1,728.11	1,370.45	1,139.62
	1,055.54	1,728.11	1,369.59	1,134.59
Provision for Tax	265.49	443.42	329.44	294.04
	790.05	1,284.69	1,040.15	840.55
Extra items			0.00	0.00
Minority Interest			0.12	0.61
Consolidated Net Profit	790.05	1,284.69	1,040.27	841.16
Profit Balance B/F	3,286.69	3,823.74	4,829.28	5,573.21
Appropriations	4,076.74	5,108.43	5,869.55	6,414.37
Equity Dividend %	260.00%	300.00%	300.00%	300.00%
	79.98	130.06	105.31	85.15
Adjusted EPS	79.98	130.06	105.31	85.15

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	98.78	98.78	98.78	98.78
Total Reserves	4,035.44	5,039.63	5,778.71	6,328.83
Reserve excluding Revaluation Reserve	4,035.44	5,039.63	5,778.71	6,328.83
Revaluation reserve		0.00
	4,134.22	5,138.41	5,877.49	6,427.61
Minority Interest		4.90	14.58	13.98
Deferred Tax Assets / Liabilities	208.60	244.32	311.12	374.27
Other Long Term Liabilities	94.89	120.49	168.11	143.84
Long Term Provisions	33.43	45.50	55.25	62.88
Total Non-Current Liabilities	336.92	410.31	534.48	580.99
Trade Payables	322.21	347.85	431.28	479.48
Other Current Liabilities	1,219.65	1,334.67	1,420.71	1,455.43
Short Term Provisions	19.31	17.26	22.98	23.63
Total Current Liabilities	1,561.17	1,699.78	1,874.97	1,958.54
Total Liabilities	6,032.31	7,253.40	8,301.52	8,981.12
Gross Block	4,118.64	5,577.30	6,480.10	7,408.61
Less: Accumulated Depreciation	1,092.94	1,342.24	1,625.94	2,016.58
	3,025.70	4,235.06	4,854.16	5,392.03
	708.62	823.39	1,068.06	1,269.52
Non Current Investments		50.00	107.50	112.47
Long Term Investment		50.00	107.50	112.47
Long Term Loans & Advances	204.35	225.61	305.08	356.78
Other Non Current Assets	87.42	11.74	20.34	13.81
Total Non-Current Assets	4,026.09	5,345.80	6,355.14	7,144.61
Currents Investments	1,309.82	1,018.76	1,054.23	1,035.64
Inventories	33.84	42.07	52.31	62.58
Sundry Debtors	294.03	296.49	364.06	458.65
Cash and Bank	227.87	426.12	332.90	114.26
Other Current Assets	23.25	24.32	22.71	35.12
Short Term Loans and Advances	117.41	99.84	120.17	130.26
Total Current Assets	2,006.22	1,907.60	1,946.38	1,836.51
Net Current Assets (Including Current Investments)	445.05	207.82	71.41	-122.03
Total Assets	6,032.31	7,253.40	8,301.52	8,981.12
	40.39	314.40	440.55	551.22
Total Debt	0.00	0.00	0.00	0.00
	418.53	520.19	595.01	650.70
Adjusted Book Value	418.53	520.19	595.01	650.70

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00
	1,055.54	1,728.11	1,369.59	1,134.59
Adjustment	164.14	170.05	245.44	357.17
Changes In working Capital	13.40	93.96	60.33	-63.93
Cash Flow after changes in Working Capital	1,233.08	1,992.12	1,675.36	1,427.83
Cash Flow from Operating Activities	969.30	1,567.87	1,406.62	1,162.29
Cash Flow from Investing Activities	-649.09	-1,081.95	-1,052.72	-888.26
Cash Flow from Financing Activitie	-284.79	-499.25	-331.52	-368.58
Net Cash Inflow / Outflow	35.42	-13.33	22.38	-94.55
Opening Cash & Cash Equivalents	82.48	117.90	129.37	151.75
Cash & Cash Equivalent on Amalgamation / Take over / Merger		24.80
Closing Cash & Cash Equivalent	117.90	129.37	151.75	57.20

Ratios

Valuation

14.43

1.56

7.24

1.10

72.43

670.25

Profitability

13.66

18.78

9.73

16.00

9.27

Leverage & Liquidity

0.00

0.94

55.13

Returns

2.87

1.05

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	32.50	32.50	32.50	32.50	32.50	32.50	32.50	32.50	32.51	32.50
	58.16	59.66	56.85	57.58	58.00	56.48	55.72	55.14	55.75	55.72
	9.34	7.84	10.65	9.92	9.50	11.02	11.78	12.35	11.73	11.78
	67.49	67.50	67.50	67.50	67.50	67.49	67.50	67.49	67.49	67.50
No. of Shareholders	1,47,540	1,42,738	1,73,905	1,67,650	1,66,589	1,78,576	1,79,761	1,84,373	1,78,033	1,75,638

Mutual Funds Invested(86)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 28 active funds hold 11.51% in Mahanagar Gas Ltd., contributing to ₹1.20K Cr of holdings

Fund				As of
PP Parag Parikh Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	419.55	0.29	39,65,479	Sep '26
HD HDFC Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	171.89	0.88	16,24,641	Sep '26
UT UTI Value Fund - Growth - Direct PlanEquity - Value Fund	86.74	0.96	8,19,878	Sep '26
IP ICICI Prudential Energy Opportunities Fund - Growth - Direct PlanEnergy & Power	84.46	1.05	7,98,342	Sep '26
AB Aditya Birla Sun Life PSU Equity Fund - Growth - Direct PlanEquity - Thematic Fund - Other	74.81	1.30	7,07,043	Sep '26
ID Bandhan Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	48.67	0.68	4,60,000	Sep '26
UT UTI Dividend Yield Fund - Growth - Direct PlanEquity - Dividend Yield Fund	46.19	1.29	4,36,602	Sep '26
UT UTI ELSS Tax Saver Fund - Growth - Direct PlanEquity - ELSS - Tax Saver Fund	43.22	1.33	4,08,504	Sep '26
AB Aditya Birla Sun Life Value Fund - Growth - Direct PlanEquity - Value Fund	40.59	0.61	3,83,692	Sep '26
FT Franklin India Dividend Yield Fund - Growth - Direct PlanEquity - Dividend Yield Fund	29.10	1.33	2,75,000	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-26	Board Meeting	Quarterly Results
2026-08-06	AGM
2026-07-24	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Gas TransmissionGas Transmission/Marketing

Mahanagar Gas Ltd. operates in the Gas Transmission sector under the Gas Transmission/Marketing industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

9 members across the board and senior leadership

Atul Prabhu

Company Secretary & Compliance Officer

—

Deepak Gupta

Chairman

—

Praveer Kumar Srivastava

Managing Director

—

Ajay Sinha

Deputy Managing Director

₹98.28 L

Mar '26

P Anbalagan

Nominee Director - Governor of Maharashtra

—

Malvika Sinha

Non Executive Independent Director

₹15.90 L

Mar '26

Harish Kumar Agarwal

Non Executive Independent Director

₹15.60 L

Mar '26

Mahesh Kumar Gupta

Non Executive Independent Director

₹15.30 L

Mar '26

Pankaj Kuchhal

Non Executive Independent Director

₹7.86 L

Mar '26

MGL Latest News

News

4 of 4 articles

EQUITY19 Aug 2026 · 14:55

Gas stocks trade higher as govt comes out with incentive scheme to boost domestic PNG connections

Mahanagar Gas is currently trading at Rs. 1134.30, up by 23.65 points or 2.13%

EQUITY31 Jul 2026 · 16:25

Mahanagar Gas submits investor presentation

EQUITY9 Jun 2026 · 17:21

Mahanagar Gas informs about analyst meet

EQUITY7 May 2026 · 19:55

Mahanagar Gas reports Profit after tax of Rs 1319.20 Mln, in the March 2026 quarter

Mahanagar Gas Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(86)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

MGL Latest News

News