Mahanagar Gas

BSE: 539957 30 Sep 2025

Energy

₹ 1299.3

Mahanagar Gas Limited specializes in LPG/CNG/PNG/LNG Supplier within the Energy sector.

Mahanagar Gas

BSE: 539957 30 Sep 2025

Energy

₹ 1299.3

Mahanagar Gas Limited specializes in LPG/CNG/PNG/LNG Supplier within the Energy sector.

Book Value

595.0

Dividend Yield

2.42%

Debt to Equity

0.03

Stock P/E

11.4

Market Cap

12,226 Cr

Mahanagar Gas - Share Price & Details

Market Cap

₹12,226

High /Low

1,958 / 1,075

Stock P/E

11.4

Book Value

₹595.0

Dividend Yield

2.42

ROCE

22.7

ROE

₹17.7

Face Value

10.0

PEG Ratio

EVEBITDA

₹6.74

Debt

201

CMP / FCF

28.9

Debt to equity

₹0.03

NP Ann

1,040

High price all time

1,989

Piotroski score

₹6.0

Graham Number

1,204

No. Eq. Shares

9.88

Net CF

₹22.4

Net profit

1,069

Price to book value

2.08

Interest Coverage

₹92.7

Low price all time

493.0

Industry PE

20.4

Reserves

₹5,781

Free Cash Flow

₹229

Broker Recommendations

Date	Author	Type	Reco Price	Target Price	Potential	Source	PDF Link
26 Sep 2025	Motilal Oswal	Buy	₹1,238.45	₹1,700	34.9%	moneycontrol	View
31 Jul 2025	Geojit Financial Services	Sell	₹1,359.05	₹1,266	-5.3%	moneycontrol	View
23 Jul 2025	Motilal Oswal	Buy	₹1,483.05	₹1,700	19%	moneycontrol	View
23 Jul 2025	Prabhudas Lilladher	Buy	₹1,483.05	₹1,559	9.1%	moneycontrol	View
08 Jun 2025	Motilal Oswal	Buy	₹1,329.25	₹1,760	24.2%	moneycontrol	View
08 May 2025	Emkay Global Financial Services	Buy	₹1,368	₹1,700	24.1%	moneycontrol	View
29 Jan 2025	Prabhudas Lilladher	Buy	₹1,268.7	₹1,412	8.3%	moneycontrol	View
26 Oct 2024	Prabhudas Lilladher	Buy	₹1,496.55	₹1,627	27.1%	moneycontrol	View
19 Sep 2024	Prabhudas Lilladher	Hold	₹1,916.4	₹1,864	45.5%	moneycontrol	View
29 Jul 2024	Prabhudas Lilladher	Sell	₹1,841.75	₹1,492	16.7%	moneycontrol	View
28 Jul 2024	Motilal Oswal	Buy	₹1,846.9	₹2,200	72.1%	moneycontrol	View
09 Jun 2024	Motilal Oswal	Buy	₹1,380	₹1,565	22.4%	moneycontrol	View
08 Jun 2024	Emkay Global Financial Services	Buy	₹1,380	₹1,680	31.4%	moneycontrol	View
13 May 2024	ICICI Securities	Buy	₹1,285.2	₹1,545	20.8%	moneycontrol	View
11 May 2024	Emkay Global Financial Services	Buy	₹1,301.8	₹1,680	31.4%	moneycontrol	View
11 May 2024	Prabhudas Lilladher	Sell	₹1,301.8	₹1,116	-12.6%	moneycontrol	View
10 May 2024	Motilal Oswal	Buy	₹1,301.8	₹1,565	22.4%	moneycontrol	View
21 Mar 2024	ICICI Securities	Buy	₹1,321.6	₹1,545	20.8%	moneycontrol	View
06 Mar 2024	Motilal Oswal	Buy	₹1,329.4	₹1,665	30.2%	moneycontrol	View
29 Jan 2024	Emkay Global Financial Services	Buy	₹1,413.95	₹1,650	29%	moneycontrol	View
24 Jan 2024	Motilal Oswal	Buy	₹1,345.35	₹1,665	30.2%	moneycontrol	View
24 Jan 2024	Prabhudas Lilladher	Sell	₹1,345.35	₹1,124	-12%	moneycontrol	View
24 Jan 2024	Sharekhan	Buy	₹1,345.35	₹1,530	19.6%	moneycontrol	View

Price Chart

Volume Chart

Peer Comparison

Stock	Total Income	Net Profit	Net Sales	EPS	Market Cap (in Cr)	P/E
Omnipotent Industries Limited	NA	NA	NA	NA	6.66
FOUNDRY FUEL PRODUCTS LTD.	NA	NA	NA	NA	5.3
Mahanagar Gas Limited	21984.1	3243.2	21597.2	32.83	12,226	11.4
CHENNAI PETROLEUM CORPORATION	186926.1	-566.2	186833.6	-3.8	11183	52.2
SANDUR MANGANESE & IRON ORES L	4347.5	1287.5	4227.2	7.95	7880	16.0

Peer Comparison Chart

About Mahanagar Gas

Mahanagar Gas Limited, with Security Code 539957, is a leading player in the LPG/CNG/PNG/LNG Supplier industry, categorized under the Energy sector, offering Equity instruments.

Order Book

Latest News

Earnings Working Against Mahanagar Gas Limited's (NSE:MGL) Share Price

(17 Sep 2025)

Mahanagar Gas Limited's ( NSE:MGL ) price-to-earnings (or "P/E") ratio of 12.6x might make it look like a strong buy...

MX Advertising Powers Mahanagar Gas Limited's First-ever Brand Campaign: Mumbai Chalta hai MGL Par!

(08 Sep 2025)

Mumbai (Maharashtra) [India], September 4: Mahanagar Gas Ltd. (MGL), one of India's leading natural gas distribution companies, has unveiled...

Mahanagar Gas Ltd eases for fifth straight session

(29 Aug 2025)

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...

Mahanagar Gas Limited launches its new brand campaign: ‘Mumbai Chalta Hai, MGL Par’

(27 Aug 2025)

Mahanagar Gas Limited (MGL), one of India's leading natural gas distribution companies, has unveiled its new brand campaign “Mumbai Chalta...

Mahanagar Gas' (NSE:MGL) earnings growth rate lags the 16% CAGR delivered to shareholders

(27 Aug 2025)

Buying a low-cost index fund will get you the average market return. But in any diversified portfolio of stocks, you'll...

Mumbai News: Mahanagar Gas Limited Launches New Brand Campaign ‘Mumbai Chalta Hai, MGL Par’

(26 Aug 2025)

Mahanagar Gas Limited (MGL) has unveiled its new brand campaign “Mumbai Chalta Hai, MGL Par”, reinforcing its pivotal role in powering the...

Quarterly Table

Standalone Consolidated

Metrics	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Sales	1,610.5	1,537.8	1,570.9	1,568.8	1,567.0	1,589.6	1,711.6	1,929.0	2,039.0	2,159.7
Expenses	1,382.1	1,168.9	1,250.1	1,275.1	1,325.3	1,326.1	1,478.9	1,614.6	1,660.6	1,674.4
Operating Profit	228.4	368.9	320.9	293.7	241.8	263.5	232.7	314.4	378.4	485.4
OPM %	14.18%	23.99%	20.43%	18.72%	15.43%	16.58%	13.6%	16.3%	18.56%	22.47%
Other Income	33.6	39.0	43.7	48.1	44.6	40.2	51.1	46.3	46.4	38.7
Interest	2.2	2.5	2.5	2.7	3.8	3.1	3.1	3.4	3.9	3.7
Depreciation	63.8	62.0	65.8	68.3	77.5	71.9	73.5	79.1	81.8	82.6
Profit before tax	196.0	343.3	296.3	270.7	205.0	228.8	207.3	278.2	339.1	437.8
Tax %	-24.8%	-25.7%	-25.5%	-25.5%	-25.8%	-25.8%	-24.2%	19%	-25.6%	25.9%
Net Profit	268.8	368.4	338.5	317.2	265.0	284.5	282.8	225.4	252.2	324.3
EPS in Rs	27.21	37.3	34.27	32.11	26.83	28.8	28.63	22.82	0	32.83

Metrics	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1,568.8	1,612.6	1,832.2	1,962.9	1,847.4	2,152.4
Expenses	1,275.1	1,376.4	1,395.4	1,549.5	1,706.7	1,757.4
Operating Profit	293.7	236.2	436.8	413.4	140.7	395.0
OPM %	18.72%	14.65%	23.84%	21.06%	7.62%	18.35%
Other Income	48.1	44.1	35.7	46.9	42.0	41.2
Interest	2.7	5.6	3.2	3.2	3.5	4.2
Depreciation	68.3	87.8	83.3	85.2	91.1	92.5
Profit before tax	270.7	187.0	385.9	372.0	88.1	340.4
Tax %	-25.5%	-27.1%	25.2%	23.8%	-18.8%	-27.2%
Net Profit	317.2	252.3	288.8	283.5	221.2	247.0
EPS in Rs	32.11	25.54	29.23	0	22.39	0

Shareholding Distribution

Shareholding Pattern

Compounded Data

Consolidated

Standalone

Compounded Sales Growth
10 Years:	13%
5 Years:	18%
3 Years:	25%
TTM:	11%

Compounded Profit Growth
10 Years:	13%
5 Years:	6%
3 Years:	21%
TTM:	-19%

Stock Price CAGR
10 Years:	0%
5 Years:	9%
3 Years:	23%
1 Year:	4%

Compounded Sales Growth
10 Years:	0%
5 Years:	0%
3 Years:	0%
TTM:	15%

Compounded Profit Growth
10 Years:	0%
5 Years:	0%
3 Years:	0%
TTM:	-18%

Stock Price CAGR
10 Years:	0%
5 Years:	9%
3 Years:	23%
1 Year:	4%

All Deals

Date	Stock	Party	Deal	Acq. Mode	Trans.	Quan.	Price	Value

Stock Mutual Funds Data

Order Book

News Date ▲▼	Headline ▲▼	Issuer Entity ▲▼	Issuer Type ▲▼	Order Size ▲▼	Time Period ▲▼
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Moving Averages

Latest Close: — • Records Used: — • Last Trading Date: —

Simple Moving Averages (SMA)

Period	SMA Value	Status

Exponential Moving Averages (EMA)

Period	EMA Value	Status

Oscillators

Key Oscillators

latest calculation

Indicator	Value

Mahanagar Gas

Mahanagar Gas

Mahanagar Gas - Share Price & Details

Broker Recommendations

Price Chart

Volume Chart

Peer Comparison

Peer Comparison Chart

About Mahanagar Gas

Order Book

Latest News

Earnings Working Against Mahanagar Gas Limited's (NSE:MGL) Share Price

MX Advertising Powers Mahanagar Gas Limited's First-ever Brand Campaign: Mumbai Chalta hai MGL Par!

Mahanagar Gas Ltd eases for fifth straight session

Mahanagar Gas Limited launches its new brand campaign: ‘Mumbai Chalta Hai, MGL Par’

Mahanagar Gas' (NSE:MGL) earnings growth rate lags the 16% CAGR delivered to shareholders

Mumbai News: Mahanagar Gas Limited Launches New Brand Campaign ‘Mumbai Chalta Hai, MGL Par’

Mahanagar Gas Ltd Appoints New Secretarial Auditors

Mahanagar Gas Limited Launches New Brand Campaign: ‘Mumbai Chalta Hai, MGL Par’

Mahanagar Gas Limited Completes Amalgamation of Subsidiary

Mahanagar Gas Q1 Profit Rises 14% to ₹324 Cr; Margins Improve

Mahanagar Gas Ltd spurts 1.27%

Three Days Left Until Mahanagar Gas Limited (NSE:MGL) Trades Ex-Dividend

Would You Accumulate or Wait on Mahanagar Gas Limited (MGL) - Phenomenal capital gains

हर शेयर पर 18 रुपये डिविडेंड, इस तारीख से पहले खरीदने होंगे MGL के स्टॉक तब ही मिलेगा पैसा, चेक कीजिए डिटेल

Would You Accumulate or Wait on Mahanagar Gas Limited (MGL) - Rapid portfolio appreciation

Mahanagar Gas Limited Announces 30th AGM and Annual Report Release

Mahanagar Gas to invest Rs 1,325 crore in battery, biogas ventures to diversify beyond CNG

Mahanagar Gas Limited (539957) Stock Rallies - Triple-digit growth rates

Mahanagar Gas Q1 Results: हर शेयर पर 18 रुपये डिविडेंड देगी कंपनी, शुद्ध मुनाफा 14% बढ़कर ₹324 करोड़ हुआ

Mahanagar Gas Limited (539957) Announces Strategic Shift - Exponential return rates

Mahanagar Gas Ltd Q1 consolidated net profit rises 10% to ₹318 crore: Stock price rises 3%

Mahanagar Gas Q1 Results: Revenue rises 6% from last quarter, margin sees 440 bps expansion

Mahanagar Gas Q1 Profit Jumps 28.6% QoQ; Shares Rise Over 3%

Q1 Results में हर पैमाने पर छाई पीएसयू कंपनी Mahanagar Gas; मुनाफे, रेवेन्यू, EBITDA में बढ़िया तेजी

Mahanagar Gas Limited (MGL) Gets Regulatory Approval - Extraordinary performance

Is Mahanagar Gas Limited (MGL) a Good Long Term Bet - Skyrocketing returns

Is Mahanagar Gas Limited (539957) a Good Long Term Bet - Explosive trading opportunities

Mahanagar Gas to invest ₹1,325 crore in battery, biogas ventures to diversify beyond CNG

Mahanagar Gas Limited Now Accepts PNG Meter Reading Via WhatsApp

Mahanagar Gas Sees Surge in Open Interest Amid Active Trading Environment

Mahanagar Gas Ltd. Sees Surge in Open Interest Amid Active Trading Environment

Which Stocks To Buy Today? Osho Krishan Recommends Tata Power, Tata Chemicals, And Mahanagar Gas

Mahanagar Gas Ltd soars 1.34%

Buy Mahanagar Gas, target price Rs 1,705: ICICI Securities

Stocks To Buy For Short Term: Analysts recommend 1 largecaps, 2 midcaps, and 5 smallcap scrips for 2 weeks

Lower crude brings relief to Mahanagar Gas amid falling APM gas allocation | Stock Market News

Mumbai's 125 Billion-Mile Gas Gamble — Mahanagar Gas Set To Ride CNG Demand Boom, Says Morgan Stanley

Mahanagar Gas Ltd rises for third consecutive session

Citi maintains buy rating on Mahanagar Gas stock, target at INR1,700

MGL Share Price | Shares rise 6% even as analysts have mixed views after management meet

Motilal Oswal’s top city gas pick: Why Mahanagar Gas could rally 30% in 12 months

Mahanagar Gas Sees Surge in Open Interest Amid Increased Trading Activity

Piramal Enterprises, Hindustan Copper to Mahanagar Gas: NSE to delist 5 stocks from F&O segment by August 2025 – Here’s all you need to know

Mahanagar Gas Limited tau teeb tsa Saksham Cyclothon thiab Walkathon 2023

Mahanagar Gas Q4 results: Profit dips 4.8% on rising costs, higher volumes

HPCL and Mahanagar Gas stand out as top picks in a mixed oil & gas landscape; Motilal sees 17-28% upside

Mahanagar Gas posts Q4 FY25 consolidated PAT at Rs. 247.04 Cr

Mahanagar Gas Q4 Results: Profit Meets Estimates

Bank of Baroda, HPCL, Polycab, Mahanagar Gas among key companies to consider dividend today

Stocks To Buy Today: HAL, Bharat Forge, Mahanagar Gas, Dixon Technologies, Policy Bazaar

⁠Mahanagar Gas Q4 Results 2025: Date, Dividend Details, Earnings Call Schedule And More

Mahanagar Gas Q4 Results: Beats estimates across the board; declares ₹18 final dividend

Mahanagar Gas (NSE:MGL) jumps 6.2% this week, though earnings growth is still tracking behind three-year shareholder returns

Mahanagar Gas Limited and BEST launch ‘MGL Tez’ at 13 bus depots in Mumbai

Mahanagar Gas Limited and BEST extend ‘MGL Tez’ to All Bus Depots Across Mumbai

Mahanagar Gas Limited Expands MGL Tez CNG Refuelling Service Across 15 BEST Bus Depots In Mumbai

Mahanagar Gas sees 18% cut in APM gas allocation from April 16; warns of profitability impact

Mahanagar Gas shares plunge over 6% after APM gas allocation cut

Mahanagar Gas Faces Significant Decline Amid Broader Market Gains and Bearish Trends

Mahanagar Gas Limited’s Khushiyan Lakhon Ki Campaign Brings Smiles To New PNG Users – Campaign Extended

Mahanagar Gas Limited Drives Conversation On Sustainability At Oil Gas & Power World Expo 2025

Mahanagar Gas share pops 6% as Morgan Stanley initiates with 'Overweight'

This analyst expects MGL to benefit from Mumbai's Tesla-like moment

Mahanagar Gas shares rise as Morgan Stanley initiates coverage

Mahanagar Gas' (NSE:MGL) three-year total shareholder returns outpace the underlying earnings growth

Six Stocks In News At Noon: HCLTech, Adani Energy Solutions To Mahanagar Gas — Top Gainers And Losers

Government partially restores gas supply to IGL, Adani-Total

Government Restores Gas Supply to IGL, Adani-Total

Mahanagar Gas to get 26% more domestic gas supply from GAIL