Mahanagar Gas Ltd Stock Price Today (NSE: MGL)
Fundamental Score
Mahanagar Gas Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Mahanagar Gas Ltd share price today is ₹1208.90, up +1.97% on NSE/BSE as of 17 June 2026. Mahanagar Gas Ltd (MGL) is a Mid-cap company in the LPG/CNG/PNG/LNG Supplier sector with a market capitalisation of ₹11.81K (Cr). The 52-week high for MGL share price is ₹1586.90 and the 52-week low is ₹900.00. At a P/E ratio of 11.92x, MGL is currently trading below its industry average P/E of 20.96x. The company has a Return on Equity (ROE) of 17.72% and a debt-to-equity ratio of 0.03.
Mahanagar Gas Ltd Share Price Chart — NSE/BSE Historical Performance
Mahanagar Gas Ltd share price chart: -3.08% return over the past month. 52-week high ₹1586.90, 52-week low ₹900.00.
Mahanagar Gas Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1077.00 | ₹1097.90 | ₹1058.70 | ₹1092.20 | 1.15L (Cr) | |
| ₹1102.00 | ₹1107.00 | ₹1053.00 | ₹1077.20 | 4.31L (Cr) | |
| ₹1105.20 | ₹1121.00 | ₹1074.00 | ₹1095.00 | 5.71L (Cr) | |
| ₹1103.20 | ₹1103.20 | ₹1103.20 | ₹1103.20 | 0.00 (Cr) | |
| ₹1096.00 | ₹1105.60 | ₹1092.20 | ₹1103.20 | 89.46K (Cr) | |
| ₹1079.70 | ₹1109.60 | ₹1073.70 | ₹1096.00 | 2.04L (Cr) | |
| ₹1057.50 | ₹1084.50 | ₹1057.50 | ₹1074.90 | 1.82L (Cr) | |
| ₹1062.10 | ₹1062.10 | ₹1036.70 | ₹1054.80 | 1.40L (Cr) | |
| ₹1075.00 | ₹1079.60 | ₹1052.00 | ₹1053.80 | 1.22L (Cr) | |
| ₹1059.40 | ₹1082.70 | ₹1044.40 | ₹1075.60 | 2.25L (Cr) |
Mahanagar Gas Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1102.00 | ₹1107.00 | ₹1053.00 | ₹1092.20 | -0.89% | |
| ₹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% | |
| ₹1364.50 | ₹1372.90 | ₹1245.10 | ₹1251.80 | -8.26% | |
| ₹1485.00 | ₹1586.90 | ₹1351.10 | ₹1358.10 | -8.55% |
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 Ltd 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 Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MGL across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Strong Return on Equity (17.72%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (22.89%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (25.40%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Attractive Valuation (P/E: 11.92 vs Industry: 20.96)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Consistent Growth Track Record (18.43% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.03)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (79.01x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹2072.14 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: 46.48%)
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
3 factors identified
Profit Decline Concern (-32.57%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Weak Earnings Growth (4.26% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (4.26% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Mahanagar Gas Ltd vs LPG/CNG/PNG/LNG Supplier Peers
Peer Comparison - LPG/CNG/PNG/LNG Supplier
Compare Mahanagar Gas Ltd 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 LtdMahanagar Gas L...Selected✓ MGL • 539957 | 51.7/100 | ₹1208.90₹1209 | ₹11807.38₹11807.38 | 11.92Average 11.9 Average | 17.72%Good 17.72% Good | 22.89%Excellent 22.89% Excellent | 0.03Excellent 0.0 Excellent | 4.26%Average 4.26% Average | 18.43%Excellent 18.43% Excellent | 2.51% |
Adani Total Gas LimitedAdani Total Gas... ATGL • 542066 | 48.2/100 | ₹808.55₹809 | ₹66780.50₹66780.50 | 106.73Average 106.7 Average | 16.82%Good 16.82% Good | 17.47%Good 17.47% Good | 0.45Excellent 0.5 Excellent | 8.72%Good 8.72% Good | 21.68%Excellent 21.68% Excellent | 0.04% |
Petronet LNG LtdPetronet LNG Lt... PETRONET • 532522 | 48.2/100 | ₹278.80₹279 | ₹40792.50₹40792.50 | 11.12Average 11.1 Average | 21.16%Excellent 21.16% Excellent | 25.39%Excellent 25.39% Excellent | 0.12Excellent 0.1 Excellent | 7.44%Good 7.44% Good | 7.54%Good 7.54% Good | 3.68% |
Indraprastha Gas LtdIndraprastha Ga... IGL • 532514 | 56.1/100 | ₹164.61₹165 | ₹27839.06₹27839.06 | 17.43Average 17.4 Average | 16.39%Good 16.39% Good | 20.85%Excellent 20.85% Excellent | 0.01Excellent 0.0 Excellent | 6.98%Good 6.98% Good | 18.14%Excellent 18.14% Excellent | 2.14% |
Gujarat Gas LimitedGujarat Gas Lim... GUJGASLTD • 539336 | 40.3/100 | ₹369.80₹370 | ₹27325.69₹27325.69 | 24.48Average 24.5 Average | 14.25%Average 14.25% Average | 19.50%Good 19.50% Good | 0.02Excellent 0.0 Excellent | -0.76%Poor -0.76% Poor | 9.86%Good 9.86% Good | 1.47% |
Confidence Petroleum India LtdConfidence Petr... CONFIPET • 526829 | 50.7/100 | ₹63.78₹64 | ₹1263.51₹1263.51 | 13.45Average 13.4 Average | 7.24%Poor 7.24% Poor | 9.33%Poor 9.33% Poor | 0.60Good 0.6 Good | 11.63%Good 11.63% Good | 23.89%Excellent 23.89% Excellent | 0.26% |
IRM Energy LtdIRM Energy Ltd... IRMENERGY • 544004 | 43.4/100 | ₹271.05₹271 | ₹1170.45₹1170.45 | 28.50Average 28.5 Average | 4.68%Poor 4.68% Poor | 8.26%Poor 8.26% Poor | 0.08Excellent 0.1 Excellent | 15.48%Excellent 15.48% Excellent | 42.56%Excellent 42.56% Excellent | 0.52% |
12.9/100 | ₹280.80₹281 | ₹232.57₹232.57 | 85.50Average 85.5 Average | 9.83%Poor 9.83% Poor | 13.03%Average 13.03% Average | 0.54Good 0.5 Good | — — | — — | 3.76% | |
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 price66780.50 Cr
- Petronet LNG Ltd share price40792.50 Cr
- Indraprastha Gas Ltd share price27839.06 Cr
- Gujarat Gas Limited share price27325.69 Cr
- Confidence Petroleum India Ltd share price1263.51 Cr
Mahanagar Gas Ltd 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 Ltd Dividend History
Annual cash dividends paid by MGL — dividend yield 2.51%
| 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 Ltd Quarterly Performance
Latest quarterly metrics for MGL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
14.73%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-32.57%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
18.43%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
4.26%
Compounded annual net profit growth over 5 years
Mahanagar Gas Ltd 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 Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Mahanagar Gas Ltd (MGL) — sourced from NSE/BSE filings.
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About MGL (Mahanagar Gas Ltd)
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 Ltd?
Mahanagar Gas Ltd (MGL) trades at ₹1208.90 on NSE and BSE. Market cap ₹11.81K (Cr). Educational data only.
What is the P/E ratio of Mahanagar Gas Ltd?
Mahanagar Gas Ltd has a P/E of 11.92x vs industry average 20.96x.
What is the Bull Run score for Mahanagar Gas Ltd?
Mahanagar Gas Ltd has a Bull Run score of 51.7/100 based on 25+ financial parameters.
Does Mahanagar Gas Ltd pay dividends?
Mahanagar Gas Ltd has a dividend yield of 2.51%. Past dividends don't guarantee future payments.
What is the ROE of Mahanagar Gas Ltd?
Mahanagar Gas Ltd has ROE of 17.72%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Mahanagar Gas Ltd?
Mahanagar Gas Ltd has debt-to-equity of 0.03.
Is Mahanagar Gas Ltd a good investment?
Bull Run gives Mahanagar Gas Ltd a score of 51.7/100. This is not investment advice — consult a SEBI-registered advisor.