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₹902.00 - ₹1,586.00
Previous CloseN/A
Volume773.40K
Average Volume (3M)14.39K
Market Cap
₹91.57B
Enterprise Value₹93.80B
Total Cash (Recent Filing)₹12.99B
Total Debt (Recent Filing)₹4.02B
Price to Earnings (P/E)13.9
Beta1.36
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
₹1,320.00Price Target Upside14.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)92.69
Revenue Forecast (FY)₹81.38B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet And Low LeverageA low debt-to-equity ratio and robust equity base provide durable financial flexibility. This supports continued investment in pipeline/CNG network, cushions regulatory or commodity shocks, preserves dividend capacity, and reduces refinancing risk versus peers over a multi‑quarter horizon.
Sustained Revenue GrowthConsistent revenue growth (roughly 18% reported) reflects expanding PNG/CNG volumes and network scale. Sustainable top-line expansion improves asset utilization, spreads fixed distribution costs, and supports long‑term margin stability and reinvestment into last‑mile connections.
Regulated City‑gas Franchise ModelOperating in authorized CGD areas gives quasi‑franchise protection and predictable customer bases. The regulated/territorial model supports stable demand for household, commercial, and transport gas, enabling long‑term infrastructure planning and steady contractual cash flows.
Bears Say
Sharp Drop In Free Cash FlowA material decline in free cash flow introduces persistent risk to funding capex, network expansion, and dividends without tapping external financing. Variability in cash generation complicates capital allocation and raises sensitivity to working capital swings or higher capex needs.
Gradual Net Margin CompressionSustained modest declines in net margins reduce retained earnings and the cushion against higher procurement or regulatory costs. Over several quarters this can limit reinvestment, lower return on capital, and make the business more exposed to input cost volatility.
Operating Profit Weakening In 2025A drop in EBIT signals operational pressure—either cost inflation, lower spreads, or mix shifts—weakening the company’s ability to fund growth internally. Persistent EBIT erosion would hinder margin recovery and constrain investments in expanding the distribution network.
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 ₹91.57B.
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 41 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
₹1,320.00
▲(14.45% Upside)
Technical Analysis
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