Mahanagar Gas Ltd (IN:MGL)
:MGL
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MGL Stock Chart & Stats
₹1153.30
₹7.65(0.61%)
At close: 4:00 PM EST
₹1153.30
₹7.65(0.61%)
Day’s Range― - ―
52-Week Range₹902.00 - ₹1,586.00
Previous CloseN/A
Volume773.40K
Average Volume (3M)14.39K
Market Cap
₹112.85B
Enterprise Value₹114.08B
Total Cash (Recent Filing)₹12.99B
Total Debt (Recent Filing)₹4.02B
Price to Earnings (P/E)13.9
Beta1.42
Next Earnings
May 12, 2026EPS Estimate
14.96Next Dividend Ex-DateN/A
Dividend Yield2.62%
Share Statistics
EPS (TTM)20.40
Shares Outstanding98,777,780
10 Day Avg. Volume12,519
30 Day Avg. Volume14,387
Financial Highlights & Ratios
PEG Ratio-0.69
Price to Book (P/B)2.33
Price to Sales (P/S)1.89
P/FCF Ratio61.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,252.00Price Target Upside8.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)95.31
Revenue Forecast (FY)₹90.19B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMGL's low debt-to-equity and robust equity base provide durable financial flexibility. This supports funding network capex, withstanding commodity cycles, and retaining access to credit markets—enabling steady infrastructure investment and preserving solvency over the medium term.
Revenue Growth And ProfitabilityConsistent top-line growth and sustained gross margins demonstrate resilient demand and operational efficiency. Solid EBIT/EBITDA margins mean the business generates recurring operating profits that can finance maintenance, modest expansion, and shareholder returns over multiple years.
Regulated CGD Franchise And InfrastructureMGL's ownership of pipeline, last-mile and CNG retail infrastructure within authorized franchise areas creates high entry barriers and predictable volumetric demand from households, commercial and industrial customers, supporting long-term market share and stable cash flows.
Bears Say
Free Cash Flow VariabilityA sharp decline and variability in free cash flow weakens the firm's ability to self-fund network expansion or absorb shocks without tapping external financing. Over 2-6 months this raises the risk that capex or payout policies could pressure liquidity or credit metrics.
Margin Pressure / EBIT DeclineDeclining net margins and a modest EBIT dip signal creeping cost or pricing pressures that can erode earnings power. If persistent, this reduces internally generated funds for reinvestment and dividends, tightening the margin of safety for medium-term returns.
Exposure To Gas Procurement And Regulatory RiskProfitability depends on the spread between bought gas and customer tariffs and is sensitive to allocation, pricing policies and taxes. Regulatory or upstream cost shifts can materially compress margins, posing a structural earnings risk in the regulated gas sector.
Mahanagar Gas Ltd News
MGL FAQ
What was Mahanagar Gas Ltd’s price range in the past 12 months?
Mahanagar Gas Ltd lowest stock price was ₹902.00 and its highest was ₹1586.00 in the past 12 months.
What is Mahanagar Gas Ltd’s market cap?
Mahanagar Gas Ltd’s market cap is ₹112.85B.
When is Mahanagar Gas Ltd’s upcoming earnings report date?
Mahanagar Gas Ltd’s upcoming earnings report date is May 12, 2026 which is in 13 days.
How were Mahanagar Gas Ltd’s earnings last quarter?
Mahanagar Gas Ltd released its earnings results on Feb 07, 2026. The company reported ₹20.4 earnings per share for the quarter, missing the consensus estimate of ₹20.564 by -₹0.164.
Is Mahanagar Gas Ltd overvalued?
According to Wall Street analysts Mahanagar Gas Ltd’s price is currently Undervalued.
Does Mahanagar Gas Ltd pay dividends?
Mahanagar Gas Ltd pays a Semiannually dividend of ₹18 which represents an annual dividend yield of 2.62%. See more information on Mahanagar Gas Ltd dividends here
What is Mahanagar Gas Ltd’s EPS estimate?
Mahanagar Gas Ltd’s EPS estimate is 14.96.
How many shares outstanding does Mahanagar Gas Ltd have?
Mahanagar Gas Ltd has 98,777,780 shares outstanding.
What happened to Mahanagar Gas Ltd’s price movement after its last earnings report?
Mahanagar Gas Ltd reported an EPS of ₹20.4 in its last earnings report, missing expectations of ₹20.564. Following the earnings report the stock price went up 0.399%.
Which hedge fund is a major shareholder of Mahanagar Gas Ltd?
Currently, no hedge funds are holding shares in IN:MGL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Mahanagar Gas Ltd
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1,738 dispensing points; 550 km of steel pipeline and approximately 5,670 km of MDPE pipeline; and 4,339 commercial and industrial customers. The company's PNG is used for various applications, such as cooking and water heating, as well as in hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship, etc. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.
MGL Stock 12 Month Forecast
Average Price Target
₹1,252.00
▲(8.56% Upside)
Technical Analysis
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