Mahanagar Gas Limited Stock Price Today (NSE: MGL)
Fundamental Score
Mahanagar Gas Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Mahanagar Gas Limited share price today is ₹1101.40, down 0.90% on NSE/BSE as of 25 August 2026. Mahanagar Gas Limited (MGL) is a Mid-cap company in the LPG/CNG/PNG/LNG Supplier sector with a market capitalisation of ₹10.93K (Cr). The 52-week high for MGL share price is ₹1378.00 and the 52-week low is ₹900.00. At a P/E ratio of 15.28x, MGL is currently trading above its industry average P/E of 15.09x. The company has a Return on Equity (ROE) of 13.67% and a debt-to-equity ratio of 0.00.
Mahanagar Gas Limited Share Price Chart — NSE/BSE Historical Performance
Mahanagar Gas Limited share price chart: 1.88% return over the past month. 52-week high ₹1378.00, 52-week low ₹900.00.
Mahanagar Gas Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1131.00 | ₹1131.00 | ₹1100.00 | ₹1101.40 | 2.63L (Cr) | |
| ₹1106.00 | ₹1118.40 | ₹1100.00 | ₹1111.40 | 2.77L (Cr) | |
| ₹1127.40 | ₹1162.60 | ₹1127.40 | ₹1138.70 | 2.35L (Cr) | |
| ₹1123.60 | ₹1136.00 | ₹1115.70 | ₹1125.80 | 1.36L (Cr) | |
| ₹1138.00 | ₹1138.00 | ₹1114.00 | ₹1118.50 | 55.32K (Cr) | |
| ₹1122.00 | ₹1143.00 | ₹1115.00 | ₹1134.30 | 1.09L (Cr) | |
| ₹1144.80 | ₹1159.20 | ₹1120.00 | ₹1123.60 | 3.13L (Cr) | |
| ₹1128.00 | ₹1144.00 | ₹1116.00 | ₹1139.60 | 5.32L (Cr) | |
| ₹1124.00 | ₹1133.30 | ₹1108.10 | ₹1123.70 | 1.88L (Cr) | |
| ₹1114.10 | ₹1126.80 | ₹1111.50 | ₹1115.10 | 1.05L (Cr) |
Mahanagar Gas Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1125.90 | ₹1162.60 | ₹1100.00 | ₹1101.40 | -2.18% | |
| ₹1174.10 | ₹1187.10 | ₹1064.50 | ₹1120.50 | -4.57% | |
| ₹1102.00 | ₹1252.00 | ₹1044.00 | ₹1174.10 | +6.54% | |
| ₹1146.40 | ₹1190.70 | ₹1024.00 | ₹1095.00 | -4.48% | |
| ₹937.50 | ₹1177.60 | ₹924.15 | ₹1135.65 | +21.14% | |
| ₹1185.00 | ₹1227.00 | ₹900.00 | ₹927.70 | -21.71% | |
| ₹1044.00 | ₹1233.00 | ₹1026.10 | ₹1219.80 | +16.84% | |
| ₹1136.20 | ₹1152.50 | ₹1018.60 | ₹1052.80 | -7.34% | |
| ₹1202.40 | ₹1204.20 | ₹1092.30 | ₹1136.10 | -5.51% | |
| ₹1271.00 | ₹1286.20 | ₹1192.20 | ₹1200.20 | -5.57% | |
| ₹1305.00 | ₹1335.40 | ₹1260.00 | ₹1276.90 | -2.15% | |
| ₹1264.00 | ₹1378.00 | ₹1234.00 | ₹1295.10 | +2.46% |
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Mahanagar Gas Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mahanagar Gas Limited Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MGL across key market metrics for learning purposes.
Positive Indicators
8 factors identified
Excellent ROCE Performance (17.30%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (23.40%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Consistent Growth Track Record (31.13% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Debt-Free Balance Sheet (D/E: 0.00)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (55.37x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹1603.92 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Strong Institutional Confidence (FII+DII: 45.14%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
2 factors identified
Profit Decline Concern (-39.29%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Liquidity Concerns (Current Ratio: 0.94)
Observation: Current assets may not adequately cover short-term liabilities.
Analysis: Current ratio <1.0 raises working capital concerns.
Mahanagar Gas Limited vs LPG/CNG/PNG/LNG Supplier Peers
Peer Comparison - LPG/CNG/PNG/LNG Supplier
Compare Mahanagar Gas Limited with 7 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Mahanagar Gas LimitedMahanagar Gas L...Selected✓ MGL • 539957 | 45.7/100 | ₹1101.40₹1101 | ₹10931.70₹10931.70 | 15.28Average 15.3 Average | 13.67%Average 13.67% Average | 17.30%Good 17.30% Good | 0.00Excellent 0.0 Excellent | 6.31%Good 6.31% Good | 31.13%Excellent 31.13% Excellent | 2.71% |
Adani Total Gas LimitedAdani Total Gas... ATGL • 542066 | 50.3/100 | ₹647.30₹647 | ₹78691.32₹78691.32 | 124.47Average 124.5 Average | 14.46%Average 14.46% Average | 14.72%Average 14.72% Average | 0.45Excellent 0.4 Excellent | 7.22%Good 7.22% Good | 29.14%Excellent 29.14% Excellent | 0.03% |
Petronet LNG LimitedPetronet LNG Li... PETRONET • 532522 | 54/100 | ₹286.25₹286 | ₹41775.13₹41775.13 | 21.23Average 21.2 Average | 0.00%Poor 0.00% Poor | 22.13%Excellent 22.13% Excellent | 0.00Excellent 0.0 Excellent | — — | 10.82%Good 10.82% Good | 3.59% |
Gujarat Gas LimitedGujarat Gas Lim... GUJGASLTD • 539336 | 24.5/100 | ₹269.40₹269 | ₹26861.84₹26861.84 | 15.09Average 15.1 Average | 13.22%Average 13.22% Average | 18.49%Good 18.49% Good | 0.18Excellent 0.2 Excellent | 6.94%Good 6.94% Good | 19.07%Excellent 19.07% Excellent | 2.04% |
Indraprastha Gas LimitedIndraprastha Ga... IGL • 532514 | 54.4/100 | ₹149.39₹149 | ₹21217.02₹21217.02 | 15.62Average 15.6 Average | 14.01%Average 14.01% Average | 14.48%Average 14.48% Average | 0.00Excellent 0.0 Excellent | 5.73%Good 5.73% Good | 26.83%Excellent 26.83% Excellent | 2.80% |
Confidence Petroleum India LimitedConfidence Petr... CONFIPET • 526829 | 52/100 | ₹69.90₹70 | ₹2500.38₹2500.38 | 18.61Average 18.6 Average | 6.74%Poor 6.74% Poor | 9.82%Poor 9.82% Poor | 0.35Excellent 0.4 Excellent | — — | 40.38%Excellent 40.38% Excellent | 0.13% |
IRM Energy LimitedIRM Energy Limi... IRMENERGY • 544004 | 45/100 | ₹290.25₹290 | ₹1077.79₹1077.79 | 14.74Average 14.7 Average | 5.46%Poor 5.46% Poor | 8.58%Poor 8.58% Poor | 0.05Excellent 0.0 Excellent | — — | — — | 0.57% |
35.5/100 | ₹36.36₹36 | ₹386.04₹386.04 | — — | — — | 18.66%Good 18.66% Good | 0.36Excellent 0.4 Excellent | — — | — — | 2.24% | |
Top LPG/CNG/PNG/LNG Supplier Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Adani Total Gas Limited share price78691.32 Cr
- Petronet LNG Limited share price41775.13 Cr
- Gujarat Gas Limited share price26861.84 Cr
- Indraprastha Gas Limited share price21217.02 Cr
- Confidence Petroleum India Limited share price2500.38 Cr
Mahanagar Gas Limited PE Ratio History
Historical price-to-earnings ratio for MGL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹105.33 | ₹1136.10 | 10.8x |
| FY 2024 | ₹129.21 | ₹1284.40 | 9.9x |
| FY 2023 | ₹79.98 | ₹1200.50 | 15x |
| FY 2022 | ₹60.43 | ₹838.25 | 13.9x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Mahanagar Gas Limited Dividend History
Annual cash dividends paid by MGL — dividend yield 2.71%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹296.38 Cr |
| FY 2024 | ₹276.59 Cr |
| FY 2023 | ₹251.82 Cr |
| FY 2022 | ₹280.96 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Mahanagar Gas Limited Quarterly Performance
Latest quarterly metrics for MGL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
13.88%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-39.29%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
31.13%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
6.31%
Compounded annual net profit growth over 5 years
Mahanagar Gas Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MGL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Mahanagar Gas Limited Financial Statements
Annual income statement, balance sheet and cash flow for Mahanagar Gas Limited (MGL) — sourced from NSE/BSE filings.
Financial Results & Statements
Latest quarterly, annual and period-wise financial data for Mahanagar Gas Limited
About MGL (Mahanagar Gas Limited)
Mahanagar Gas Ltd is a vital artery in Mumbai's energy infrastructure, quietly delivering clean and efficient fuel to millions. It’s the unseen hand warming homes with piped natura...l gas (PNG), powering industries with compressed natural gas (CNG), and ensuring businesses can operate smoothly. From the bustling kitchens of domestic households to the intricate processes of pharmaceutical manufacturers, MGL's network stretches far and wide, offering a reliable and cost-effective energy solution. Through an extensive pipeline system, the company delivers PNG to residential customers for cooking and water heating, offering a sustainable alternative to traditional fuels like LPG. Beyond homes, MGL services an array of commercial establishments, including hospitals, hotels, and restaurants, contributing to the smooth operation of these critical services. The reach of MGL extends beyond the residential and commercial sectors, deeply impacting the industrial landscape of the region. Numerous industries, from metalworking to food processing, rely on MGL for a continuous supply of CNG, fueling their operations and contributing to the economic engine of the city. CNG is especially valuable for environmentally conscious businesses because of the decreased emissions. MGL's commitment to providing this cleaner alternative is a key component of its sustainability agenda, promoting cleaner air and a healthier environment. By servicing a diverse range of industries, MGL demonstrates its adaptability and commitment to meeting the evolving energy needs of a dynamic urban center. MGL plays a critical role in supporting everyday life and powering economic activities throughout the metropolitan area. From the humble act of cooking a family meal to the large-scale operations of industrial plants, MGL's contribution is undeniable. The company continuously invests in its infrastructure and technology to ensure the safe and reliable delivery of natural gas to its customers. With a focus on quality, safety, and sustainability, MGL is not just an energy supplier; it is a partner in the growth and development of the city, ensuring a cleaner and more efficient future for all. By embracing innovation and prioritizing customer satisfaction, MGL continues to cement its position as a leader in the natural gas distribution industry.
Company Details
Key Leadership
Corporate Events
MGL Share Price: Frequently Asked Questions
What is the current share price of Mahanagar Gas Limited?
Mahanagar Gas Limited (MGL) trades at ₹1101.40 on NSE and BSE. Market cap ₹10.93K (Cr). Educational data only.
What is the P/E ratio of Mahanagar Gas Limited?
Mahanagar Gas Limited has a P/E of 15.28x vs industry average 15.09x.
What is the Bull Run score for Mahanagar Gas Limited?
Mahanagar Gas Limited has a Bull Run score of 45.7/100 based on 25+ financial parameters.
Does Mahanagar Gas Limited pay dividends?
Mahanagar Gas Limited has a dividend yield of 2.71%. Past dividends don't guarantee future payments.
What is the ROE of Mahanagar Gas Limited?
Mahanagar Gas Limited has ROE of 13.67%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Mahanagar Gas Limited?
Mahanagar Gas Limited has debt-to-equity of 0.00.
Is Mahanagar Gas Limited a good investment?
Bull Run gives Mahanagar Gas Limited a score of 45.7/100. This is not investment advice — consult a SEBI-registered advisor.