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
₹104.68B
Enterprise Value₹105.73B
Total Cash (Recent Filing)₹12.99B
Total Debt (Recent Filing)₹4.02B
Price to Earnings (P/E)10.9
Beta1.41
Next Earnings
Jul 29, 2026EPS Estimate
18.09Next 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)80.89
Revenue Forecast (FY)₹92.09B
Bulls Say, Bears Say
Bulls Say
Strong Balance SheetVery low leverage and steady asset/equity growth provide durable financial flexibility. This conservative capital structure supports continued pipeline and station investment, cushions commodity or tariff shocks, and preserves capacity to fund dividends or opportunistic acquisitions over the next several quarters.
Regulated CGD FranchiseOperating as an authorized city gas distributor with last-mile pipelines and CNG stations creates predictable, contract-like demand and limited local competition. The regulated/territorial nature supports steady volume growth, customer additions, and long-term cash flow visibility for multi-quarter planning and reinvestment.
Multi-year Revenue GrowthSustained top-line growth driven by expanding PNG connections and CNG volumes improves scale and network utilization. Continued revenue expansion supports fixed-cost absorption and the potential for margin recovery, underpinning durable earnings capacity over a 2–6 month horizon as the network matures.
Bears Say
Margin CompressionMeaningful margin compression has reduced profitability resilience; narrower gross and operating margins make earnings more sensitive to procurement, transport and regulatory pricing. If cost pressures or tariff lag persist, margin recovery will be gradual and could constrain sustainable net income for several quarters.
Weak Free Cash Flow ConversionOperating cash is positive but FCF deterioration indicates higher reinvestment or working-capital needs, reducing internally available funds for capex, debt reduction, or rising dividends. Persistently weak FCF versus net income can force external financing or slower network rollouts over the medium term.
Declining Net Income / EPSNet income decline amid rising sales signals margin and cost pressures or one-off impacts that are eroding core profitability. Negative EPS growth reduces retained earnings and may limit capital return flexibility; if unresolved, profit declines could persist across multiple reporting periods.
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 ₹104.68B.
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 70 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 ₹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 18.09.
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
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
₹1,000.00
▼(-13.29% Downside)
Technical Analysis
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