Mahanagar Gas Ltd share price logo

Mahanagar Gas Share Price

NSE: MGL

BSE: 539957

Small Cap

Gas Sector

₹1284.00

-3.60

(-0.28%)

as on

bell
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Tech Chart

Mahanagar Gas Stock Performance

as on September 5, 2025 at 3:25 pm IST

  • Day's Low

    Day's High

    ₹1,268.3
    ₹1,296.7
    downward going graph

    1.22%

    Downside

    0.99%

    Upside

    downward going graph

  • 52 Week's Low

    52 Week's High

    ₹1,075.25
    ₹1,988
    downward going graph

    16.26%

    Downside

    54.83%

    Upside

    downward going graph

Mahanagar Gas share price movements today

Previous Close
₹1,287.60
Open
₹1,283.90
Volume
1.93L
Upper Circuit
₹1,545.10
Lower Circuit
₹1,030.10
Day's Low - High
₹1,268.3 - ₹1,296.7
52 Week Low - High
₹1,075.25 - ₹1,988

Mahanagar Gas Historical Returns

1 Month Return
-0.93 %
3 Month Return
-1.49 %
1 Year Return
-31.39 %
3 Year Return
+ 47.36 %
5 Year Return
+ 42.41 %

Mahanagar Gas Fundamentals

as on September 5, 2025 at 3:25 pm IST

Market Cap

₹12,718.63 Cr

Return on Equity (ROE)

18.94

PE Ratio (TTM)

11.89

Return on capital employed (ROCE)

24.23

Industry PE ratio

16.45

Beta (LTM)

1.26

P/B Ratio

2.33

Dividend Yield

2.16

PEG Ratio

-0.87

Quarterly Earnings Growth YOY

10.05

EPS (TTM)

105.33

Sector

Gas Distribution

Book Value

595.28

Technical Analysis

Bearish

View Technical Analysis

Mahanagar Gas Stock Valuation

as on September 5, 2025 at 3:25 pm IST

Mahanagar Gas in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

September 29, 2023

Today (11.89x)

September 4, 2025

Industry (16.45x)

September 4, 2025

Highest (16.72x)

October 3, 2024

LowHigh

Today’s Price to Earnings Ratio: 11.89x

Mahanagar Gas Ltd vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Mahanagar Gas with its industry peers.

Company
Analyst View
Market Cap(in ₹ Cr)
5 Year CAGRDebt to Asset Ratio
Net Profit(in ₹ Cr)
Yearly Revenue(in ₹ Cr)
Mahanagar Gas Ltd image
Mahanagar Gas Ltd
BUY12,718.638.48%0.521,0407,263
Indraprastha Gas Ltd image
Indraprastha Gas Ltd
BUY30,408.031.84%0.511,98314,000
Gujarat Gas Ltd image
Gujarat Gas Ltd
HOLD30,464.709.41%0.521,14816,486
Gujarat State Petronet Ltd image
Gujarat State Petronet Ltd
BUY17,135.1011.23%0.631,63717,370
Petronet LNG Ltd image
Petronet LNG Ltd
HOLD41,160.003.17%0.593,88350,982
See all

Analyst Recommendation on Mahanagar Gas Stock

Based on 29 analysts

BUY

65.52%

Buy

13.79%

Hold

20.69%

Sell

Based on 29 analysts, 65.52% of analysts recommend a 'BUY' rating for Mahanagar Gas. Average target price of ₹1550.69

Source: S&P Global Market Intelligence

Mahanagar Gas Share Price Target

Get share price movements and forecasts by analysts on Mahanagar Gas.

What analysts predicted

20.43%UPSIDE

Target Price

₹1550.69

Current Price

₹1284

Analyzed by

29 Analysts

High

₹1981

Target

₹1550.69

Low

₹1100

Mahanagar Gas target price ₹1550.69, a slight upside of 20.43% compared to current price of ₹1284. According to 29 analysts rating.

Source: S&P Global Market Intelligence

Mahanagar Gas Stock's Interest Amongst Investors

Investment in Mahanagar Gas Ltd Shares on INDmoney has dropped by -37.96% over the past 30 days, indicating reduced transactional activity.

Time period: to

Change:-37.96% versus previous 30 day period

Search interest for Mahanagar Gas Ltd Stock has decreased by -58% in the last 30 days, reflecting a downward trend in search activity.

Time period: to

Change:-58% versus previous 30 day period

Mahanagar Gas Ltd Quarterly Profit & Loss

Figures in Rupees Crores

Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sales
1,671.39
1,610.48
1,537.79
1,570.93
1,568.76
1,612.61
1,665.76
1,786.25
1,847.41
1,964.38
2,083.01
Other Income
32.25
33.64
38.95
43.71
48.07
44.13
35.65
46.93
41.99
42.02
32.15
Total Income
1,703.64
1,644.12
1,576.74
1,614.64
1,616.83
1,656.74
1,701.41
1,833.18
1,889.4
2,006.4
2,115.16
Expenses
1,415.29
1,220.78
1,016.52
1,092.05
1,120.07
1,217.57
1,229.01
1,372.83
1,522.62
1,570.23
1,583.11
Operating Profit
256.1
389.7
521.27
478.88
448.69
395.04
436.75
413.42
324.79
394.15
499.9
Operating Profit Margin %
15.32%
24.2%
33.9%
30.48%
28.6%
24.5%
26.22%
23.14%
17.58%
20.06%
24%
Profit Before Interest, Tax and Depreciation
288.35
423.34
560.22
522.59
496.76
439.17
472.4
460.35
366.78
436.17
532.05
Interest
2.42
2.21
2.51
2.47
2.72
5.6
3.2
3.2
3.49
4.17
4.57
Depreciation
58.53
63.83
62.04
65.79
68.29
81.24
83.29
85.17
91.07
92.52
96.09
Profit Before Tax
227.4
357.3
495.67
454.33
425.75
352.33
385.91
371.98
272.22
339.48
431.39
Tax Paid
55.33
88.49
127.27
115.83
108.57
91.75
97.14
88.48
51.05
92.47
113.6
Profit After Tax
172.07
268.81
368.4
338.5
317.18
260.58
288.77
283.5
221.17
247.01
317.79
Total Net profit including share of profit / Loss from associate company
172.07
268.81
368.4
338.5
317.18
260.58
288.77
283.5
221.17
247.01
317.79
EPS
17.42
27.21
37.3
34.27
32.11
26.38
29.23
28.7
22.39
25.01
32.18
Actual EPS
17.42
27.21
37.3
34.27
32.11
26.38
29.23
28.7
22.39
25.01
32.18
Adjusted EPS
17.42
27.21
37.3
34.27
32.11
26.38
29.23
28.7
22.39
25.01
32.18
Diluted EPS
17.42
27.21
37.3
34.27
32.11
26.38
29.23
28.7
22.39
25.01
32.18

Mahanagar Gas Ltd Annual Profit & Loss

Figures in Rupees Crores

Mar 2023
Mar 2024
Mar 2025
Sales
6,299.28
6,290.1
7,263.8
Other Income
111.88
174.87
166.59
Total Income
6,411.16
6,464.97
7,430.39
Expenses
5,115.09
4,446.2
5,694.69
Operating Profit
1,184.19
1,843.9
1,569.11
Operating Profit Margin %
18.8%
29.31%
21.6%
Profit Before Interest, Tax and Depreciation
1,296.07
2,018.77
1,735.7
Interest
9.39
13.3
14.06
Depreciation
231.14
277.36
352.05
Profit Before Tax
1,055.54
1,728.11
1,369.59
Tax Paid
265.49
443.42
329.14
Profit After Tax
790.05
1,284.69
1,040.45
Total Net profit including share of profit / Loss from associate company
790.05
1,284.69
1,040.45
EPS
79.98
130.06
105.33
Actual EPS
79.98
130.06
105.33
Adjusted EPS
79.98
130.06
105.33
Diluted EPS
79.98
130.06
105.33

Mahanagar Gas Ltd Cash Flow

Figures in Rupees Crores

Mar 2023
Mar 2024
Mar 2025
Net Cash from Operating Activities
969.3
1,567.87
1,405.77
Cash Flow from Investing Activities
-649.09
-1,057.15
-1,051.86
Cash Flow from Financing Activities
-284.79
-499.25
-331.53
Net Cash Flow
35.42
11.47
22.38

Mahanagar Gas Stock Shareholding Pattern

Numbers in percentages

Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Promoters
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
32.5%
DII
15.47%
15.61%
14.93%
15.16%
15.5%
16.72%
17.4%
16.67%
15.47%
21.1%
23.82%
22.52%
FII
0%
0%
0%
0%
0%
0%
30.55%
31.49%
34.2%
25.75%
23.76%
25.48%
Government
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
Public
13.55%
12.16%
11.61%
9.96%
10.89%
9.42%
9.55%
9.34%
7.84%
10.64%
9.92%
9.5%
Total Outstanding Shares
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
9,87,77,778
Total Shareholders
1,99,724
1,81,222
1,67,717
1,54,383
1,53,582
1,41,617
1,49,718
1,47,540
1,42,738
1,73,905
1,67,650
1,66,589

Mutual Funds that own Mahanagar Gas Stock

Check out the Mutual Funds with significant holdings in Mahanagar Gas.

Mahanagar Gas Earnings and Dividends

View detailed summary of the earnings and dividend history of Mahanagar Gas.

  • Mahanagar Gas Ltd Earnings Results

    Mahanagar Gas Ltd’s net profit jumped 10.08% since last year same period to ₹317.89Cr in the Q1 2025-2026. On a quarterly growth basis, Mahanagar Gas Ltd has generated 28.68% jump in its net profits since last 3-months.

    Read More about Earnings Results

  • Mahanagar Gas Ltd Dividends May,2025

    In the quarter ending March 2025, Mahanagar Gas Ltd has declared dividend of ₹18.00 per share on 06 May 2025 - translating a dividend yield of 3.74%.

    Read More about Dividends

Indices Featuring Mahanagar Gas Stock

Check stock indices that include Mahanagar Gas.

Nifty Small 100

₹17,662.05

0.23 (▲40.1%)

S&P BSE 400 MidSmallCap

₹11,911.51

0.03 (▲3.54%)

S&P BSE Energy

₹11,141.67

0.23 (▲25.4%)

BSE 500

₹35,850.10

0.01 (▲4.64%)

S&P BSE 250 SmallCap

₹6,764.00

0.11 (▲7.45%)

Nifty MidSmallcap 400

₹19,660.85

0.19 (▲36.65%)

Nifty Smallcap 250

₹16,910.60

0.27 (▲45.9%)

Nifty Energy

₹34,315.80

0.09 (▲31.1%)

BSE Small-Cap

₹52,777.61

0.14 (▲71.18%)

Nifty 500

₹22,833.60

0.06 (▲13.95%)

Insights on Mahanagar Gas Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.76% to 25.48% in Jun 2025 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Indraprastha Gas Ltd has given -21.9% return, outperforming this stock by 9.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 91.6% return, outperforming this stock by 44.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 32.50% of holdings in Jun 2025 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 13.27% to 10.86% in Jun 2025 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.92% to 9.50% in Jun 2025 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, MGL stock has moved down by -31.4%

About Mahanagar Gas Ltd

Mahanagar Gas Limited (MGL) is the largest city gas distributor in India, operating in Mumbai-Thane urban, adjoining municipalities and Raigad district in Maharashtra. MGL is the sole distributor of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). As of March 31, 2017, the company supplied CNG to over 545,505 vehicles and PNG connections to 948,892 domestic households, 3218 commercial and 62 industrial consumers in Mumbai and its surrounding areas. MGL was incorporated in 1995, as a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas) and the Government of Maharashtra and has since connected over 4,838 kms of pipelines for CNG and PNG distribution. In 2017-18, it achieved the landmark of having a net worth in excess of Rs 2000 crores. MGL also provides outreach services to its customers, such as call center for grievances, CNG fueled two-wheelers in Mumbai, PGN supply operation to Uran in the Raigad district, and 200th CNG station opened in the Mumbai Metropolitan region.

Revenue: ₹2,083.01Cr as on June 2025 (Q1 FY26)
Net Profit: ₹317.79Cr as on June 2025 (Q1 FY26)
Listing date: 01 Jul, 2016
Chairperson Name: Sandeep Kumar Gupta
OrganisationMahanagar Gas Ltd
IndustryGas Distribution
CEOSandeep Kumar Gupta
E-voting on sharesClick here to vote

FAQs

What is Mahanagar Gas share price today?

Mahanagar Gas share price today stands at ₹1284 as on . Mahanagar Gas share today touched a day high of ₹1296.7 and a low of ₹1268.3.

What is the 52 week high and 52 week low range for Mahanagar Gas share?

Mahanagar Gas touched a 52 week high of ₹1988 and a 52 week low of ₹1075.25. Mahanagar Gas share price today i.e. is trending at ₹1284, which is -35.41% down from its 52 week high and 19.41% up from its 52 week low.

What is Mahanagar Gas's market capitalisation today?

Mahanagar Gas market capitalisation is ₹12,718.63 Cr as on .

How to buy Mahanagar Gas shares?

To buy Mahanagar Gas shares, you need to follow these steps:

  • Open a Demat account and Trading account on INDmoney
  • Fund your Trading account
  • Search for MGL or Mahanagar Gas Ltd on the INDmoney app to check live prices of the stock
  • Click on Buy or SIP to place an order to invest in Mahanagar Gas shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

What is Mahanagar Gas trading volume today?

Mahanagar Gas trading volume is 1.93L as on . This means that 1.93L shares of Mahanagar Gas were bought and sold on the stock market during today's trading session.