Mahanagar Gas Ltd share price logo

Mahanagar Gas Share Price

(MGL)

Small Cap

Gas Sector

Check the latest share price of Mahanagar Gas, details on performance, fundamentals, analyst ratings, peer comparison, financials, company news, analysis, and shareholding pattern for informed investing decisions.

₹1409.9▲2.4%

as on 04:01PM, 07 May 2025

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Option Chain

🔔 Dividend Alert

Mahanagar Gas declares a final dividend of ₹18 per share for FY25, totaling ₹30 per share for the year.

Mahanagar Gas Performance

Get real-time share price information, day’s high and low, historical returns and market stats.

  • Day's Low

    Day's High

    ₹1,317.7
    Day's Price Range
    ₹1,423.4

  • 52 Week's Low

    52 Week's High

    ₹1,075.25
    52-Week Price Range
    ₹1,988
1 Month Return+ 5.49 %
3 Month Return+ 1.28 %
1 Year Return+ 2.93 %
3 Year Return+ 80.6 %
5 Year Return+ 57.78 %
Previous Close₹1,376.90
Open₹1,339.00
Volume8.92L
Upper Circuit₹1,514.50
Lower Circuit₹1,239.30

Mahanagar Gas Fundamentals & Key Indicators

Check the fundamental ratios and key indicators of the company like P/E, P/B, PEG, Dividend yield etc.

Market Cap

₹13,600.71 Cr

Return on Equity (ROE)

27.79

PE Ratio (TTM)

13.07

Return on capital employed (ROCE)

36.27

Industry PE ratio

18.44

Beta (LTM)

1.34

P/B Ratio

2.62

Dividend Yield

2.2

PEG Ratio

-0.53

Quarterly Earnings Growth YOY

-5.21

EPS (TTM)

129.21

Sector

Gas Distribution

Book Value

519.36

Technical Analysis

Bullish

View Technical Analysis

How to invest in Mahanagar Gas

Investing in Mahanagar Gas is simple. You can open a free INDstocks investment account on the INDmoney App. Search for Mahanagar Gas or MGL on the app to check live prices of the stock and click on Buy or SIP. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

For example: You can buy 10 shares of Mahanagar Gas or start an SIP based on the market price on each investment date.

You can easily transfer money to your stock account via the INDmoney app and start investing in stocks like Mahanagar Gas with just a few clicks!

Mahanagar Gas Valuation

Track how the P/E of Mahanagar Gas has moved over time to understand valuation trends.

Mahanagar Gas in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

September 29, 2023

Today (13.07x)

May 6, 2025

Industry (18.44x)

May 6, 2025

Highest (16.72x)

October 3, 2024

LowHigh

Today’s Price to Earnings Ratio: 13.07x

Analysts Recommendation on Mahanagar Gas

Get updated buy, sell, and hold recommendations by analysts on Mahanagar Gas.

based on 29 analysts

BUY

72.41%

Buy

10.34%

Hold

17.24%

Sell

72.41% of analysts recommend a 'BUY' rating for Mahanagar Gas. Average target price of ₹1528.93

Source: S&P Global Market Intelligence

Analysts Forecast on Mahanagar Gas

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

Mahanagar Gas price forecast by 29 analysts

Upside of11.04%

High

₹2000

Target

₹1528.93

Low

₹1030

Mahanagar Gas target price ₹1528.93, a slight upside of 11.04% compared to current price of ₹1409.9. According to 29 analysts rating.

Source: S&P Global Market Intelligence

Mahanagar Gas Financials

Get the annual and quarterly financial summary of Mahanagar Gas, including revenue, profit, loss and more.

Value in ₹ crore
DetailsQ'1 24Q'2 24Q'3 24Q'4 24Q'1 25
Revenue

(in ₹ Cr)

1613 (0%)1666 (3%)1786 (7%)1847 (3%)1964 (6%)
Net Income

(in ₹ Cr)

261 (0%)289 (11%)284 (2%)221 (22%)247 (12%)
Net Profit Margin16.16% (0%)17.34% (7%)15.87% (8%)11.97% (25%)12.57% (5%)
Value in ₹ crore
Details2021202220232024
Total Assets

(in ₹ Cr)

4633 (0%)5275 (14%)6082 (15%)7282 (20%)
Total Liabilities

(in ₹ Cr)

1400 (0%)1678 (20%)1948 (16%)2139 (10%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow

(in ₹ Cr)

985 (0%)806 (18%)904 (12%)969 (7%)1563 (61%)

Mahanagar Gas Index Inclusions

Nifty Energy

₹34,048.05

0.82 (▲276.95%)

Nifty Smallcap 250

₹15,362.70

1.19 (▲181.25%)

BSE 500

₹34,722.20

0.5 (▲173.57%)

Nifty Small 100

₹16,417.95

1.38 (▲222.8%)

S&P BSE Energy

₹11,422.80

0.27 (▲30.26%)

Nifty 500

₹22,072.45

0.53 (▲115.85%)

S&P BSE 250 SmallCap

₹6,168.12

1.15 (▲70.01%)

S&P BSE 400 MidSmallCap

₹11,102.15

1.29 (▲141.6%)

BSE Small-Cap

₹47,377.90

1.16 (▲542.99%)

Nifty MidSmallcap 400

₹18,278.20

62.25 (▲7012.85%)

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 fell -30.25% since last year same period to ₹221.24Cr in the Q3 2024-2025. On a quarterly growth basis, Mahanagar Gas Ltd has generated -21.96% fall in its net profits since last 3-months.

    Read More about Earnings Results

  • Mahanagar Gas Ltd Dividends January,2025

    In the quarter ending December 2024, Mahanagar Gas Ltd has declared dividend of ₹12 - translating a dividend yield of 2.18%.

    Read More about Dividends

Mahanagar Gas Shareholding Pattern

View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Mahanagar Gas.

InvestorsHoldings %Quarterly Trend3M change
Promoter Holdings
32.5%
0.00
Foreign Institutions
23.76%
0.00
Mutual Funds
13.27%
0.00
Retail Investors
9.92%
0.00
Others
20.55%
0.00

Mahanagar Gas vs Peers

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
Mahanagar Gas Ltd
BUY13,600.7111.56%0.521,2766,290
Indraprastha Gas Ltd
Indraprastha Gas Ltd
BUY28,656.63-2.52%0.511,98314,000
Gujarat Gas Ltd
Gujarat Gas Ltd
HOLD31,352.7318.92%0.521,14315,690
Gujarat State Petronet Ltd
Gujarat State Petronet Ltd
HOLD17,998.3412.63%0.512,18317,294
Petronet LNG Ltd
Petronet LNG Ltd
HOLD46,057.506.96%0.593,52752,729
See all

Mahanagar Gas News & Key Events

Latest news and events at one place to help you take investing decisions in Mahanagar Gas.

  • MGL Reports Strong Q4 Results and Dividend Declaration - 06 May, 2025

    Mahanagar Gas Ltd (MGL) announced strong Q4 results, exceeding market expectations in profit and revenue. The board recommended a final dividend of ₹18 per share.

  • Mahanagar Gas to Announce Q4 Results Soon - 04 May, 2025

    Mahanagar Gas Ltd. will announce its financial results for Q4 and the full fiscal year 2024-25 on May 6, 2025. The board meeting will focus on approving the audited results for the year ended March 31.

  • Mahanagar Gas Faces 18% APM Gas Allocation Cut - 15 Apr, 2025

    Mahanagar Gas Ltd disclosed an 18% reduction in its APM gas allocation effective April 16, 2025. This change, due to government policy, will adversely affect profitability as the shortfall is replaced with costlier New Well/Well Intervention gas. The company is exploring measures to mitigate the financial impact.

  • Mahanagar Gas Shares Decline Amid APM Gas Allocation Concerns - 11 Apr, 2025

    Mahanagar Gas shares fell over 3% from the day's high after reports of potential cuts in APM gas allocation, raising concerns about increased input costs for city gas distribution companies. The stock traded at ₹1,256, reflecting cautious investor sentiment.

  • Mahanagar Gas Prices Rise, Shares Decline - 09 Apr, 2025

    Mahanagar Gas Ltd has increased CNG prices to ₹79.50/kg and PNG to ₹49/unit in Mumbai. Following this announcement, shares fell by 5%.

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

    Best in 3 Years

    img

    In the last 3 years, MGL has outperformed top 5 stocks with highest market-cap in Natural Gas Utilities

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MGL has outperformed top 5 stocks with highest market-cap in Natural Gas Utilities

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.27% to 13.27% in Mar 2025 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MGL stock has moved up by 2.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.64% to 9.92% in Mar 2025 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.75% to 23.76% in Mar 2025 quarter

About Mahanagar Gas

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: ₹1,964.38Cr as on March 2025 (Q1 25)
Net Profit: ₹247.01Cr as on March 2025 (Q1 25)
Listing date: 01 Jul, 2016
Chairperson Name: Sandeep Kumar Gupta
OrganisationMahanagar Gas Ltd
IndustryGas Distribution
CEOSandeep Kumar Gupta
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Indian Mutual Funds that own Mahanagar Gas

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

FAQs

What is Mahanagar Gas Ltd price today?

Mahanagar Gas Ltd share price today stands at ₹1409.9, Open: ₹1339, Previous Close: ₹1376.9, High: ₹1423.4, Low: ₹1317.7, 52 Week High: ₹1988, 52 Week Low: ₹1075.25.

How to Buy Mahanagar Gas Ltd Share in India?

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What are today's traded volumes of Mahanagar Gas Ltd?

Today's traded volume of Mahanagar Gas Ltd(MGL) is 8.92L.

What is today's market capitalisation of Mahanagar Gas Ltd?

Today's market capitalisation of Mahanagar Gas Ltd(MGL) is ₹13,600.71 Cr.

What is the 52 Week High and Low Range of Mahanagar Gas Ltd?

Mahanagar Gas Ltd (MGL)
Price
52 Week High
₹1988
52 Week Low
₹1075.25

How much percentage Mahanagar Gas Ltd is down from its 52 Week High?

Mahanagar Gas Ltd (MGL) share price is ₹1409.9. It is down -29.08% from its 52 Week High price of ₹1988

How much percentage Mahanagar Gas Ltd is up from its 52 Week low?

Mahanagar Gas Ltd (MGL) share price is ₹1409.9. It is up 31.12% from its 52 Week Low price of ₹1075.25