Mahanagar Gas Ltd Share Price
As on 19 November 2025 at 01:32 IST
Mahanagar Gas Q1 FY26 Results:
Net profit for the period increased 10% to ₹318 crores in Q1 FY26, from ₹289 crores in Q1 FY25. Total income for the quarter increased 24% year-on-year to ₹2,314 crores from ₹1,868 crores.
About Mahanagar Gas Ltd
Mahanagar Gas Ltd (MGL), founded in the year 1995, is India's premier natural gas distribution company. Headquartered in the city of Mumbai, Maharashtra, MGL offers a cleaner, more efficient alternative to traditional fuels, significantly reducing carbon emissions. Over the years, the company has experienced substantial growth. It has expanded its network and customer base to become a key player in the natural gas industry. MGL’s main products are CNG and PNG. They are cleaner fuel alternatives for vehicles, households, and industries. They also help reduce pollution and provide cost-effective energy solutions. +
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LOGINOver 1 Month
-3.83%
Over 6 Months
-12.20%
Over 1 Year
9.13%
Over 3 Years
40.29%
Mahanagar Gas Ltd Summary
Close ₹1,233.20
Open ₹1,249.30
High ₹1,249.30
Low ₹1,230
Volume 2,68,216
Net Turnover (in Cr) ₹33.19
52Wk High ₹1,586.90
52Wk Low ₹1,075.25
52Wk High / Low
1,075.25
1,586.90
Mahanagar Gas Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹12,181.28
EPS (TTM) 100.27
Book Value (BV) 628.98
Div. Yield 2.43 %
P/E (TTM) 12.32
Price/Book Value 1.96
Delivery % 59.29 %
Face Value 10
Key Ratios
PE Ratio 13.11
PB Ratio 2.33
EV to Sales 1.96
PEG Ratio -0.69
ROA 17.09
ROE 18.94
Debt-Equity 0.03
Net Profit Margin 13.77
Operating Profit Margin 22.32
Mahanagar Gas Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Revenue | 7,430.39 | 6,464.97 | 6,411.16 |
| Total Expenses | 6,059.94 | 4,736.86 | 5,355.62 |
| Profit Before Tax | 1,369.59 | 1,728.11 | 1,055.54 |
| Profit After Tax | 1,040.45 | 1,284.69 | 790.05 |
| Operating Profit After Depreciation | 1,384.51 | 1,741.41 | 1,064.93 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Fixed Assets | 4,854.10 | 4,235.06 | 3,025.70 |
| Total Non Current Assets | 6,323.84 | 5,345.80 | 4,026.09 |
| Total Current Assets | 1,946.37 | 1,907.60 | 2,006.22 |
| Total Assets | 8,270.21 | 7,253.40 | 6,032.31 |
| Total Shareholder's Fund | 5,880.18 | 5,138.41 | 4,134.22 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Net Cash From Operating Activities | 1,405.77 | 1,567.87 | 969.30 |
| Net Cash Used In Investing Activities | -1,051.86 | -1,057.15 | -649.09 |
| Net Cash Used In Financing Activities | -331.53 | -499.25 | -284.79 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 7,107.69 | 6,419.83 | 6,411.16 | 3,645.93 | 2,233.05 |
| Total Expenses | 5,733.59 | 4,687.07 | 5,355.62 | 2,839.67 | 1,399.44 |
| Profit Before Tax | 1,374.10 | 1,732.76 | 1,055.54 | 806.26 | 833.60 |
| Profit After Tax | 1,044.89 | 1,289.07 | 790.05 | 596.95 | 619.58 |
| Operating Profit After Depreciation | 1,387.53 | 1,744.29 | 1,064.93 | 813.79 | 840.80 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 4,104.24 | 3,542.96 | 3,025.70 | 2,613.73 | 2,169.32 |
| Total Non Current Assets | 6,313.21 | 5,364.99 | 4,026.09 | 3,388.69 | 2,846.84 |
| Total Current Assets | 1,890.65 | 1,861 | 2,006.22 | 1,845.11 | 1,754.30 |
| Total Assets | 8,203.86 | 7,225.99 | 6,032.31 | 5,233.80 | 4,601.14 |
| Total Shareholder's Fund | 5,889.31 | 5,142.87 | 4,134.22 | 3,597.31 | 3,232.37 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 1,368.45 | 1,563.10 | 969.30 | 903.67 | 805.53 |
| Net Cash Used In Investing Activities | -1,000.97 | -1,266.75 | -649.09 | -539.05 | -443.91 |
| Net Cash Used In Financing Activities | -335.87 | -311.56 | -284.79 | -310.34 | -348.80 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 2,050.40 | 2,083.01 | 1,964.38 | 1,847.41 | 1,786.25 |
| Total Expenses | 1,714.41 | 1,583.11 | 1,570.23 | 1,522.62 | 1,372.83 |
| Profit Before Tax | 255.91 | 431.39 | 339.48 | 272.22 | 372.89 |
| Profit After Tax | 191.25 | 318.58 | 247.01 | 221.17 | 286.78 |
| Operating Profit after Depreciation | 365.01 | 532.05 | 436.17 | 366.78 | 460.35 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 2,049.33 | 2,081.38 | 1,864.85 | 1,757.58 | 1,786.25 |
| Total Expenses | 1,711.38 | 1,580.67 | 1,486.48 | 1,443.16 | 1,372.78 |
| Profit Before Tax | 258.01 | 432.22 | 339.08 | 278.22 | 372.90 |
| Profit After Tax | 193.37 | 319.56 | 252.19 | 225.37 | 286.78 |
| Operating Profit after Depreciation | 366.82 | 532.64 | 424.78 | 360.71 | 460.24 |
Mahanagar Gas Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 1,225.70
S2 1,218.20
S3 1,206.40
Pivot 1,237.50
R1 1,245
R2 1,256.80
R3 1,264.30
Moving Average
20 SMA 1,262.47
50 SMA 1,282.97
100 SMA 1,341.62
200 SMA 1,339.08
Mahanagar Gas Ltd Corporate Actions
Mahanagar Gas Ltd
₹18.0/Share
Announcement Date 14 Aug 2025
Record Date 14 Aug 2025
Div Yield 180%
Mahanagar Gas Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| GAIL (India) Ltd | ₹185.25 | ₹1,21,803.72 |
| Adani Total Gas Ltd | ₹622.05 | ₹68,413.69 |
| Petronet LNG Ltd | ₹276.30 | ₹41,445 |
| Indraprastha Gas Ltd | ₹211.55 | ₹29,617.03 |
| Gujarat Gas Ltd | ₹409.70 | ₹28,203.34 |
Mahanagar Gas Ltd Top Mutal Funds Invested
| Fund Name | AUM |
|---|---|
| Aditya Birla SL PSU Equity Fund | 1.60% |
| UTI Dividend Yield Fund | 1.40% |
| Mahindra Manulife Multi Cap Fund | 1.19% |
| Aditya Birla SL Value Fund | 1.03% |
| UTI-Value Fund | 1.01% |
Mahanagar Gas Ltd News
Mahanagar Gas slides as Q2 PAT slumps 33% YoY to Rs 193-cr
Mahanagar Gas fell 1.93% to Rs 1,271.15 after the company's standalone net profit tanked 32.57% to Rs 193.37 crore in Q2 FY26 as against Rs 286.78 crore posted in Q2 FY25.
30 Oct 2025, 03:09 pm
Mahanagar Gas to conduct board meeting
On 29 October 2025
23 Oct 2025, 04:38 pm
Mahanagar Gas Ltd soars 1.02%, up for third straight session
Mahanagar Gas Ltd is quoting at Rs 1303.2, up 1.02% on the day as on 12:49 IST on the NSE. The stock is down 15.54% in last one year as compared to a 6.88% fall in NIFTY and a 10.25% fall in the Nifty Energy index.
23 Oct 2025, 01:05 pm
Mahanagar Gas Ltd up for third straight session
Mahanagar Gas Ltd is quoting at Rs 1306.4, up 1.81% on the day as on 12:49 IST on the NSE. The stock is down 28.57% in last one year as compared to a 0.62% drop in NIFTY and a 14.85% drop in the Nifty Energy index.
07 Oct 2025, 01:05 pm
Mahanagar Gas Ltd eases for fifth straight session
Mahanagar Gas Ltd is quoting at Rs 1281.7, down 0.06% on the day as on 13:19 IST on the NSE. The stock tumbled 26.17% in last one year as compared to a 2.36% slide in NIFTY and a 22.65% fall in the Nifty Energy index.
28 Aug 2025, 01:35 pm
Mahanagar Gas Ltd Stock Analysis
- Annual revenue for Mahanagar Gas Ltd increased by 10.71% to ₹7,107.69 crore in FY 2025 from ₹6,419.83 crore in FY 2024.
- Annual Net Profit for Mahanagar Gas Ltd decreased by 18.94% to ₹1,044.89 crore in FY 2025 from ₹1,289.07 crore in FY 2024.
- Promoter Shareholding in Mahanagar Gas Ltd remains unchanged by 0.00% in the most recent quarter, from 32.50% in June 2025 to 32.50% in September 2025.
- Mahanagar Gas Ltd delivered a 1-year return of 9.13% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
- Mahanagar Gas Ltd share price moved up by 0.34% from its previous close of INR ₹1,233.20. The latest Mahanagar Gas Ltd share price is INR ₹1,237.40.
- Mahanagar Gas Ltd share price today has been at a low of 1,230 and a high of 1,248.80. Over the past 52 weeks, the Mahanagar Gas Ltd share price has seen a low of 1,075.25 and a high of 1,586.90.
About Mahanagar Gas Ltd
Mahanagar Gas Ltd (MGL), founded in 1995, is India's premier natural gas distribution company. It specialises in compressed and piped natural gas for domestic, commercial, and automotive sectors. Headquartered in Mumbai, Maharashtra, MGL offers a cleaner, more efficient alternative to traditional fuels, significantly reducing carbon emissions.
Over the years, the company has experienced substantial growth. It has expanded its network and customer base to become a key player in the natural gas industry. The company's commitment to promoting cleaner energy alternatives has positioned it as a critical contributor to India's efforts in reducing its carbon footprint.
Under the guidance of experienced managerial promoters, MGL continues to drive innovation and sustainability in the energy sector. These managerial promoters are
While not currently the top-ranked stock in the industry, MGL maintains a strong market position and is known for its reliable and efficient services. The company’s registered office is in Mumbai, with the registrar’s office in LBS Marg, Vikhroli. MGL continues to expand its infrastructure to meet the growing demand for natural gas in the Mumbai Region and beyond.
One of the primary reasons MGL is important is its contribution to environmental sustainability. Natural gas is cleaner than coal and oil, producing fewer pollutants and greenhouse gases. MGL’s distribution of compressed natural gas and piped natural gas helps reduce the carbon footprint of the regions it serves. This shift towards cleaner energy sources is important in improving air quality. Using CNG in vehicles reduces emissions of harmful pollutants such as nitrogen oxides and particulate matter. This contributes to healthier urban environments.
Economic growth is another area where MGL’s impact is significant. The company supports the local economy by creating jobs and fostering industrial growth. The availability of reliable and affordable natural gas encourages industries to set up operations in the regions where MGL serves. This boosts industrial output and attracts investments, leading to overall economic development. Using natural gas as a fuel source can also lower business operational costs. This makes them more competitive in the global market.
Innovation and technological advancement are also areas where MGL has made significant contributions. The company continuously invests in modernising its infrastructure. It also adopts advanced technologies to improve efficiency and safety. This includes using smart metres, automated control systems, and advanced leak detection methods. These innovations not only enhance the reliability of gas supply but also ensure that MGL operates at the highest safety and efficiency standards.
MGL’s role in promoting energy security cannot be overlooked. Natural gas is a reliable and efficient energy source that can help reduce dependence on imported oil. This is particularly important for a country like India, which aims to achieve energy self-sufficiency. MGL’s extensive distribution network ensures a steady supply of natural gas. The company serves various residential, commercial, and industrial sectors. This reliability is important for maintaining an uninterrupted energy supply.
MGL’s importance extends to supporting government policies and initiatives promoting clean energy. The company’s operations align with national goals of reducing carbon emissions and increasing the use of natural gas in the energy mix. MGL’s efforts in expanding its network of natural gas usage support these policy objectives. This contributes to the country’s overall energy strategy.
Community engagement and corporate social responsibility are integral to MGL’s operations. The company actively participates in various CSR initiatives to improve the quality of life in its communities. These initiatives include educational programs and environmental conservation projects. MGL’s commitment to social responsibility underscores its role as a responsible corporate citizen dedicated to making a positive impact beyond its core business operations.
The company’s efforts in promoting natural gas as a cleaner and more efficient energy source are important. They play a key role in addressing some of the most pressing challenges of our time. MGL’s commitment to innovation and community engagement further enhances its importance. This makes it a key contributor to the sustainable development of the regions it serves. As a result, MGL plays a pivotal role in shaping a cleaner and more prosperous future through its comprehensive energy distribution approach.
Over the years, the company has experienced substantial growth. It has expanded its network and customer base to become a key player in the natural gas industry. The company's commitment to promoting cleaner energy alternatives has positioned it as a critical contributor to India's efforts in reducing its carbon footprint.
Under the guidance of experienced managerial promoters, MGL continues to drive innovation and sustainability in the energy sector. These managerial promoters are
- Sandeep Kumar Gupta
- Ashu Shinghal
- Sanjay Shende
- Rajeev Bhaskar Sahi
- Malvika Sinha
While not currently the top-ranked stock in the industry, MGL maintains a strong market position and is known for its reliable and efficient services. The company’s registered office is in Mumbai, with the registrar’s office in LBS Marg, Vikhroli. MGL continues to expand its infrastructure to meet the growing demand for natural gas in the Mumbai Region and beyond.
Importance of Mahanagar Gas Limited
Mahanagar Gas Ltd (MGL) plays an important role in the energy sector, particularly in natural gas distribution. The company’s importance can be understood through its contributions to economic growth and public health. As a leading natural gas distributor, MGL provides a cleaner alternative to traditional fossil fuels. This significantly impacts various aspects of society.One of the primary reasons MGL is important is its contribution to environmental sustainability. Natural gas is cleaner than coal and oil, producing fewer pollutants and greenhouse gases. MGL’s distribution of compressed natural gas and piped natural gas helps reduce the carbon footprint of the regions it serves. This shift towards cleaner energy sources is important in improving air quality. Using CNG in vehicles reduces emissions of harmful pollutants such as nitrogen oxides and particulate matter. This contributes to healthier urban environments.
Economic growth is another area where MGL’s impact is significant. The company supports the local economy by creating jobs and fostering industrial growth. The availability of reliable and affordable natural gas encourages industries to set up operations in the regions where MGL serves. This boosts industrial output and attracts investments, leading to overall economic development. Using natural gas as a fuel source can also lower business operational costs. This makes them more competitive in the global market.
Innovation and technological advancement are also areas where MGL has made significant contributions. The company continuously invests in modernising its infrastructure. It also adopts advanced technologies to improve efficiency and safety. This includes using smart metres, automated control systems, and advanced leak detection methods. These innovations not only enhance the reliability of gas supply but also ensure that MGL operates at the highest safety and efficiency standards.
MGL’s role in promoting energy security cannot be overlooked. Natural gas is a reliable and efficient energy source that can help reduce dependence on imported oil. This is particularly important for a country like India, which aims to achieve energy self-sufficiency. MGL’s extensive distribution network ensures a steady supply of natural gas. The company serves various residential, commercial, and industrial sectors. This reliability is important for maintaining an uninterrupted energy supply.
MGL’s importance extends to supporting government policies and initiatives promoting clean energy. The company’s operations align with national goals of reducing carbon emissions and increasing the use of natural gas in the energy mix. MGL’s efforts in expanding its network of natural gas usage support these policy objectives. This contributes to the country’s overall energy strategy.
Community engagement and corporate social responsibility are integral to MGL’s operations. The company actively participates in various CSR initiatives to improve the quality of life in its communities. These initiatives include educational programs and environmental conservation projects. MGL’s commitment to social responsibility underscores its role as a responsible corporate citizen dedicated to making a positive impact beyond its core business operations.
The company’s efforts in promoting natural gas as a cleaner and more efficient energy source are important. They play a key role in addressing some of the most pressing challenges of our time. MGL’s commitment to innovation and community engagement further enhances its importance. This makes it a key contributor to the sustainable development of the regions it serves. As a result, MGL plays a pivotal role in shaping a cleaner and more prosperous future through its comprehensive energy distribution approach.
FAQ’s
What is the share price of Mahanagar Gas Ltd today?
Mahanagar Gas Ltd share price as on 18 Nov 2025 is ₹ 1237.4
What is the Market Cap of Mahanagar Gas Ltd?
The market cap of Mahanagar Gas Ltd stock is ₹12,181.28 Cr.
What is the PE Ratio of Mahanagar Gas Ltd?
The Price to Earnings (P/E) Ratio of Mahanagar Gas Ltd is 13.11
What is the PB Ratio of Mahanagar Gas Ltd?
The Price to Book (P/B) Ratio of Mahanagar Gas Ltd is 2.33
What is the 52 week high of Mahanagar Gas Ltd Share Price?
The 52 week high of Mahanagar Gas Ltd share price stands at ₹1,586.90
What is the 52 week low of Mahanagar Gas Ltd Share Price?
The 52 week low of Mahanagar Gas Ltd share price stands at ₹1,075.25
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