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
₹104.64B
Enterprise Value₹109.25B
Total Cash (Recent Filing)₹12.99B
Total Debt (Recent Filing)₹4.02B
Price to Earnings (P/E)12.5
Beta1.44
Next Earnings
Jul 29, 2026EPS Estimate
16.4Next Dividend Ex-DateN/A
Dividend Yield2.62%
Share Statistics
EPS (TTM)98.96
Shares Outstanding98,777,780
10 Day Avg. Volume12,519
30 Day Avg. Volume14,387
Financial Highlights & Ratios
PEG Ratio-0.57
Price to Book (P/B)1.43
Price to Sales (P/S)1.11
P/FCF Ratio89.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,000.00Price Target Upside-13.29% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)77.63
Revenue Forecast (FY)₹92.12B
Bulls Say, Bears Say
Bulls Say
Regulated CGD FranchiseOperating as an authorized city gas distributor creates durable, contract-like demand and local monopoly-like economics within licensed areas. Long-term pipeline and last-mile assets generate recurring volumetric sales and predictable cash flows, supporting stable investment payback and customer stickiness.
Very Low Leverage / Strong Balance SheetA conservative capital structure with very low debt provides lasting financial flexibility for capital expenditure, network expansion, and weathering commodity or demand cycles. Strong balance-sheet cushioning supports credit metrics, dividend capacity and lowers refinancing risk over the medium term.
Multi-year Revenue ExpansionSustained top-line growth across years reflects expanding customer connections and higher volumes from PNG and CNG segments. Durable revenue scale supports operating leverage potential, funds reinvestment in the network, and underpins long-term recovery in margins if cost pressures ease.
Bears Say
Margin CompressionMeaningful margin erosion reduces sustainable profitability and lowers return on invested capital. If structural cost pressures, procurement or tariff lag persist, compressed margins can impair cash available for capex, dividends and slow the pace of deleveraging or scale-driven margin recovery.
Weak Free Cash Flow ConversionA sharp drop in free cash flow versus reported earnings signals higher reinvestment needs or working-capital strain. Reduced FCF constrains ability to fund growth organically, pay shareholder distributions, or build cash buffers, raising the need for external financing for medium-term capex.
Earnings (EPS) DeclineSustained declines in EPS reflect worsening profitability trends and lower retained earnings for reinvestment. Continued negative EPS growth can pressure return metrics, limit strategic flexibility and may require management to prioritize stabilization over growth initiatives until margins recover.
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 ₹104.64B.
When is Mahanagar Gas Ltd’s upcoming earnings report date?
Mahanagar Gas Ltd’s upcoming earnings report date is Jul 29, 2026 which is in 49 days.
How were Mahanagar Gas Ltd’s earnings last quarter?
Mahanagar Gas Ltd released its earnings results on May 07, 2026. The company reported ₹13.4 earnings per share for the quarter, missing the consensus estimate of ₹14.961 by -₹1.561.
Is Mahanagar Gas Ltd overvalued?
According to Wall Street analysts Mahanagar Gas Ltd’s price is currently Overvalued.
Does Mahanagar Gas Ltd pay dividends?
Mahanagar Gas Ltd pays a Semiannually dividend of ₹12 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 16.4.
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 ₹13.4 in its last earnings report, missing expectations of ₹14.961. Following the earnings report the stock price went up 0.988%.
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
Established in 1995 and based in Mumbai, India, Mahanagar Gas Limited functions as a key player in the Indian natural gas distribution sector. The company delivers a variety of natural gas solutions, including piped natural gas (PNG) for residential, business, and industrial purposes, as well as compressed natural gas (CNG). Beyond gas supply, it also produces gas geysers. Its substantial operational footprint comprises 290 CNG filling stations equipped with 1,738 dispensing points, serving approximately 850,000 vehicles. The underlying infrastructure features 550 kilometers of steel pipeline and roughly 5,670 kilometers of MDPE pipeline, extending services to 4,339 commercial and industrial establishments. PNG finds widespread utility for applications like cooking and water heating, alongside critical uses in hospitals, nursing homes, hotels, flight kitchens, restaurants, and places of worship.
MGL Stock 12 Month Forecast
Average Price Target
₹1,000.00
▼(-13.29% Downside)
Technical Analysis
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