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NSEUtilities

Mahanagar Gas Limited (MGL)

NSE · Utilities · Utilities - Regulated Gas

₹1,071.20-0.82%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
₹2,373 cr
Revenue YoY
+13.9%
Net profit
₹193 cr
Profit YoY
-39.3%
EPS
₹19.61
EPS estimate
₹14.55
Net margin
8.1%

EPS came in at 19.61 against a street estimate of 14.55 — a beat of 34.8%.

Key statistics

Market cap
₹10,710 cr
P/E
15.0
Forward P/E
12.0
P/B
1.67
Book value
₹650.70
EPS (TTM)
₹72.43
52-week high
₹1,341.92
52-week low
₹885.65
50-day MA
₹1,106.32
200-day MA
₹1,098.01
Beta
0.74

Analyst view

with an average price target of ₹1,308.83.

From the latest earnings call · 2026-07-31

MIXED Q1 FY27: Strong 31.8% EBITDA growth to ₹343Cr, 46.8% PAT growth to ₹194Cr on higher realization. But West Asia crisis creates supply/margin volatility. Volume growth 7% YoY modest due to I&C curtailment. Management confident on PNG Drive 2.0 momentum. Q1 FY27 All geos growing despite I&C curtailment. Unison fastest growing at 0.322 mmscmd (vs 0.224 prior year), driven by new industrial customers and geographic expansion. Analysts probed gas sourcing mix, Henry Hub force majeure, CNG pricing strategy, margin sustainability. Management candid: external factors beyond control; long-term fundamentals strong but near-term (2–3 months) volatile. No new quantitative guidance; reiterated 8–9% volume CAGR and ₹8–9/SCM margin as steady-state targets. 2026-07-31…

Full summary in the app.

Shareholding

Promoters
42.50%
Institutions
33.62%

Recent filings & reports

DocumentDate
Q1 FY27 earnings call
MAHANAGAR GAS LIMITED – Q1 FY27 SUMMARY HEADLINE NUMBERS • Overall sales volume: 4.766 mmscmd in Q1 FY27 vs 4.456 mmscmd in Q1 FY26 (up 7.01% year-o
2026-08-07
Q4 FY26 earnings call
MAHANAGAR GAS LIMITED – Q4 FY26 SUMMARY HEADLINE NUMBERS • Q4 FY26 Net Profit After Tax: INR 132 crores (vs INR 202 crores in Q3 FY26) • Full Year F
2026-05-14
Investor presentation · Q4 FY26
MAHANAGAR GAS LIMITED – INVESTOR SUMMARY HEADLINE NUMBERS • Net Revenue FY 2025-26: ₹8,240.21 crore (up 13.48% YoY from ₹7,261.25 crore) • PAT (Prof
2026-05-08
Quarterly results · Q4 FY26
MAHANAGAR GAS LIMITED - FINANCIAL SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Revenue from Operations (FY 2025-26): Rs. 9,059.77 Crore vs Rs. 7,
2026-05-07
Q3 FY26 earnings call
MAHANAGAR GAS LIMITED – Q3 & 9M FY26 SUMMARY HEADLINE NUMBERS • Q3 FY26 EBITDA from operations: INR 352 crores (vs INR 338 crores in Q2) • Q3 FY26 N
2026-02-16
Quarterly results · Q3 FY26
MAHANAGAR GAS LIMITED - DOCUMENT SUMMARY HEADLINE NUMBERS • Q3 FY2026 (quarter ended December 31, 2025) - Standalone: - Revenue from Operations: R
2026-02-07
Quarterly results2026-01-22
Q2 FY26 earnings call
MAHANAGAR GAS LIMITED – Q2 FY26 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 FY26 EBITDA: INR 338 crores (down from INR 501 crores in Q1 FY26) • Q2 FY26 N
2025-11-07

Readable in the app.

Corporate actions

ActionDetailDate
Dividend₹18 / share
ex-date Aug 18, 2026
2026-08-18
Dividend₹12 / share
ex-date Feb 13, 2026
2026-02-13
Dividend₹18 / share
ex-date Aug 14, 2025
2025-08-14

Deals & corporate news

AnnouncementDate
Acquisition announced
Mahanagar Gas Limited has informed the Exchange about Acquisition
2026-03-09
Interim Dividend of Rs. 12 per equity share declared
Mahanagar Gas Limited (MGL), a major natural gas distribution company, announced an interim dividend of Rs. 12 per equity share approved by its Board of Directors on February 7, 2026. Key P
2026-02-07

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Data updated 2026-09-18.