NSE ScannerComparison · NSE · data 2026-11-01
GAIL (India) Limited vs Mahanagar Gas Ltd
In plain words
Size: GAIL (India) Limited is about 10.7 times the market value of Mahanagar Gas Ltd.
Valuation (P/E): Mahanagar Gas Ltd 14.5 vs GAIL (India) Limited 8.7.
Return on equity: Mahanagar Gas Ltd 13.7% vs GAIL (India) Limited 8.7%.
Profit growth over 3 years: GAIL (India) Limited 10.5% a year vs Mahanagar Gas Ltd 2.1% a year.
Debt to equity: GAIL (India) Limited 0.28 vs Mahanagar Gas Ltd 0.03.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GAIL | MGL | |
|---|---|---|
| Price | ₹167.91 | ₹1,048.5 |
| Market cap | ₹1,10,462 cr | ₹10,324 cr |
| P/E | 8.7 | 14.5 |
| P/B | 1.1 | — |
| ROE | 8.7% | 13.7% |
| ROCE | 8.4% | 15.9% |
| Debt / equity | 0.28 | 0.03 |
| Operating margin | 9.3% | 10.3% |
| Dividend yield | 3.27% | 2.87% |
| Sales growth, 3 years (yearly) | -0.9% | 9.4% |
| Profit growth, 3 years (yearly) | 10.5% | 2.1% |
| 1-year return | -9.7% | -17.8% |
| Revenue, last 12 months | ₹1,59,087 cr | ₹8,535 cr |
| Net profit, last 12 months | ₹12,626 cr | ₹715 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹4,720 cr | ₹193 cr |
| Quarter profit vs a year earlier | +139.3% | -39.3% |
| Promoter holding | 51.85% | 32.50% |
| Health check | Strong (6.6/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, GAIL (India) Limited or Mahanagar Gas Ltd?
Mahanagar Gas Ltd trades at the higher P/E (14.5 against 8.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Mahanagar Gas Ltd (13.7% against 8.7%).
Which carries more debt?
GAIL (India) Limited has the higher debt-to-equity ratio (0.28 against 0.03).