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Mahanagar Gas Ltd. (Industry - Gas Transmission/Marketing)

1,180.15 5.75 (0.49%)

Market Cap
₹ 11,657.26 Cr.
P/E Ratio
12.07
Current Price
₹ 1,180.15
Open
₹ 1,178.3
High
₹ 1,201
Prev Close
₹ 1,174.4
Quantity Traded
16,849
52 High
₹ 1,542.2
52 Low
₹ 1,043.35
Dividend Yield
2.55%
EBITDA Margin
18.90%
ROE
16.35%
Book Value
₹ 649.42
Face Value
₹ 10

Shareholding

Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters32.5032.5032.5032.5032.50
Mutual Funds UTI30.8332.8932.5233.8231.10
FII/Banks24.8923.5925.4823.7625.75
Others11.7811.029.509.9210.65

Quarterly Results

(All figures In ₹ Cr.)Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Trend 2024-25
Sales1,719.061,744.571,877.411,929.012,0392,159.722,255.292,265.97
Other Income44.5740.1651.1546.2946.4138.6928.8729.41
Operating Profit438.36458.64449.66360.71424.78524.05366.82381.48
Interest3.833.13.073.383.883.75.016.3
Depreciation77.5271.8573.4879.1181.8282.58103.8103.37
Taxation92.0299.1690.3152.8586.89113.4564.6469.84
Net Profit / Loss264.99284.53282.8225.37252.19324.32193.37201.97

Annual Results

(All figures In ₹ Cr.)Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2021-25
Sales2,152.543,560.196,299.286,244.536,923.68
Other Income83.6686.81111.96175.3187.14
Operating Profit1,014.471,010.061,296.072,017.931,693.79
Interest7.197.539.3911.5313.43
Depreciation173.67196.27231.14273.64306.26
Taxation214.03209.31265.49443.69329.21
Net Profit / Loss619.58596.95790.051,289.071,044.89

Cash Flow

(All figures In ₹ Cr.)Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2021-25
Cash from Operating Activity805.53903.67969.31,563.11,368.45
Cash from Investing Activity-443.91-539.05-649.09-1,266.75-1,000.97
Cash from Financing Activity-348.8-310.33-284.79-311.56-335.87
Net Cash Flow12.8154.2935.42-15.2131.61

Balance Sheet

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2021-25
Share Capital98.7898.7898.7898.7898.78
Reserve3,133.593,498.534,035.445,044.095,790.53
Borrowings------
Other Liabilities967.041,066.341,246.721,352.181,443
Total Liabilities3,312.953,706.374,262.545,311.956,086.53
Fixed Assets2,169.322,613.733,025.73,542.964,104.24
CWIP560.32615.94708.62774.29974.15
Investments1,142.181,247.31,601.592,066.512,289.05
Other Assets25.3526.32110.6737.8256.99
Total Assets3,312.953,706.374,262.545,311.956,086.53

Financial Ratios

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2018-25
Total Debt Mcap---------
EPS Growth21.4614.3445.23-21.92-3.6532.3563.16-18.94
EV_EBITA11.2410.436.8210.867.167.336.487.9
EBIT_Margin29.6227.3930.3335.9620.9515.3925.4218.28
PAT_Margin19.4817.8724.3126.515.3711.4218.7913.77
ROA16.9616.9420.9714.212.1414.0319.4513.54

Peer Companies

Company
Market Cap (₹Cr.)
CMP (₹)
% Change
52 Week H/L
Book Value (₹)
PE (x)
11,600.46
1,180.15
(0.34%)
1,542.2 / 1,043.35
649.42
12.07
1,08,226.14
163.5
(-0.67%)
200.1 / 153.2
114.43
14.87
59,758.18
542.05
(-0.25%)
780.85 / 517.1
42.19
95.46
29,356.4
430.1
(0.95%)
499.1 / 369.7
129.7
25.34
24,822.03
176.2
(-0.73%)
227.9 / 173
70.02
19.95
17,690.85
314.5
(0.43%)
351.8 / 267.95
197.46
10.99
93.32
36
(-3.49%)
97.75 / 32.5
56.57
16.03
57.12
72.5
(5.84%)
118.95 / 63.35
39.39
8.51

Broker Report

Tips
(Reco Date)
Reco Price
Target Price
CMP
(Returns)
Broker / Analyst
Investment Logic
BUY
(10 Feb 2026)
1,181
1,455
1,180.15
(-0.07%)
Motilal Oswal Financial Services Ltd.
NA
(10 Feb 2026)
1,181
1,383
1,180.15
(NA%)
Elara Securities (India) Private Limited
BUY
(10 Dec 2025)
1,115
1,535
1,180.15
(5.84%)
ICICI Securities Limited
BUY
(10 Dec 2025)
1,115
1,535
1,180.15
(5.84%)
ICICI Securities Limited
BUY
(26 Sep 2025)
1,238
1,700
1,180.15
(-4.67%)
Motilal Oswal Securities
BUY
(23 Jul 2025)
1,483
1,700
1,180.15
(-20.42%)
Motilal Oswal Securities
BUY
(08 Jun 2025)
1,330
1,760
1,180.15
(-11.27%)
Motilal Oswal Securities
BUY
(07 May 2025)
1,410
1,760
1,180.15
(-16.30%)
Motilal Oswal Securities
BUY
(29 Jan 2025)
1,267
1,850
1,180.15
(-6.85%)
Motilal Oswal Securities
HOLD
(19 Sep 2024)
1,883
1,864
1,180.15
(-37.33%)
Prabhudas Lilladher

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