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Mahanagar Gas Ltd (IN:MGL)
:MGL
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₹1,019.00 - ₹1,586.00
Previous CloseN/A
Volume773.40K
Average Volume (3M)14.39K
Market Cap
₹119.45B
Enterprise Value₹110.94B
Total Cash (Recent Filing)₹13.87B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)13.9
Beta1.37
Next Earnings
May 12, 2026EPS Estimate
20.74Next 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)1.88
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
₹1,355.83Price Target Upside17.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)93.19
Revenue Forecast (FY)₹81.56B
Bulls Say, Bears Say
Bulls Say
Strong Balance SheetMGL's low leverage and robust equity base provide durable financial flexibility: it can fund network expansions, absorb commodity procurement swings, and maintain investment-grade-like stability. A strong balance sheet supports capital allocation over cycles and reduces refinancing risk for 2-6 months and beyond.
Consistent Revenue GrowthSustained top-line growth and an 18% reported revenue growth rate reflect expanding PNG/CNG volumes and network scale. Durable demand and pipeline roll-out enable recurring, volume-driven revenues, supporting long-term margin absorption of fixed costs and capacity investments over the medium term.
Efficient Cash Generation From OperationsStrong conversion of net income into operating cash indicates quality of earnings and the company's ability to fund operations, working capital and routine capex internally. This operational cash strength underpins dividends, maintenance capex, and steady service expansion sustainably over months.
Bears Say
Free Cash Flow DeclineA sharp drop in free cash flow reduces the firm's buffer for discretionary spending, dividend flexibility and incremental network investments. If variability persists, it can force tighter capex timing or reliance on external financing, constraining strategic execution over the medium term.
Slight Margin ErosionGradual declines in net margins signal pressure on profitability, possibly from rising procurement, compression or O&M costs. Persisting margin erosion would weaken return on capital and free cash flow generation, limiting the firm's ability to scale profitably over the next several quarters.
Negative EPS GrowthAn approximate 8.4% drop in EPS reflects near-term earnings stress that can stem from margin pressure or non-recurring items. Continued EPS contraction would reduce reinvestment capacity and shareholder return potential, making funding growth or maintaining payouts more challenging over 2-6 months.
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 ₹1019.00 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 ₹119.45B.
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 68 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 20.74.
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
₹1,355.83
▲(17.56% Upside)
Technical Analysis
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