NSE ScannerOil, Gas & Coal · Gas Distributors · NSE: MGL · data 2026-10-31
Mahanagar Gas Ltd
In plain words
Price: 18.5% below its 52-week high of ₹1,286.2.
Delivery: 58.5% of traded shares were kept for delivery over the last 10 sessions, against 56.4% over the last 60.
Latest results: a net profit of ₹289 cr for the quarter ended Jun 2024.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹8,535 cr |
| Net profit (last 12 months) | ₹715 cr |
| Sales growth, 3 years (yearly) | 9.4% |
| Profit growth, 3 years (yearly) | 2.1% |
At a glance
Promoters 32.5% (unchanged in a year), pledged 0.0%, institutions 45.7%.
P/E 14.5, dividend yield 2.9%. Price relative to earnings and book value (low is cheaper, not better).
ROE 13.7%, ROCE 15.9%, operating margin 10.3%: how much profit it earns on the money it uses.
Debt/equity 0.03, Profit growth 2.1% and sales growth 9.4% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
- Pays a dividend yielding 2.9%.
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q1 FY25)
MGL Q1 FY25 results (consolidated figures, as filed on NSE).
Revenue was ₹1,832.15 crore.
Net profit was ₹288.78 crore.
Operating margin was 23.8%.
EPS was ₹29.23.
MGL के Q1 FY25 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹1,832.15 करोड़।
शुद्ध मुनाफ़ा: ₹288.78 करोड़।
ऑपरेटिंग मार्जिन: 23.8%।
EPS: ₹29.23।
MGLના Q1 FY25 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹1,832.15 કરોડ.
ચોખ્ખો નફો: ₹288.78 કરોડ.
ઓપરેટિંગ માર્જિન: 23.8%.
EPS: ₹29.23.
Written from the filed numbers. Not a recommendation.
Smart-money activity
24/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 11/30: Delivery 61.5% over the last 20 sessions vs 50.2% in the 40 before (1.23x); shares delivered per day 0.83x usual; 1 delivery-spike day (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 7/15: 6 schemes hold it, about ₹543 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 1/15: Verdict "None", sustained score 33/100.
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Dividend
- 18 Aug 26Dividend Dividend ₹18 (ex-date) -0.1% next session
- 13 Feb 26Dividend Dividend ₹12 (ex-date) -4.2% next session
- 14 Aug 25Dividend Dividend ₹18 (ex-date) -0.3% next session
- 3 Feb 25Dividend Dividend ₹12 (ex-date) -2.6% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Jun 2024 | ₹1,832 cr | ₹289 cr | — | 23.8% | 29.23 |
| Dec 2023 | ₹1,724 cr | ₹317 cr | +84.3% | 26.0% | 32.11 |
| Dec 2022 | ₹1,838 cr | ₹172 cr | +203.0% | 13.9% | 17.42 |
| Dec 2021 | ₹1,123 cr | ₹57 cr | — | 9.2% | 5.75 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 32.50% | 32.50% | 32.50% | 32.50% |
| Foreign institutions (FII) | 23.46% | 23.21% | 24.14% | 24.89% |
| Domestic institutions (DII) | 22.26% | 22.53% | 21.01% | 20.83% |
| Mutual funds | 11.98% | 11.18% | 8.82% | 9.35% |
| Retail investors | 9.69% | 9.57% | 10.09% | 9.70% |
| Number of shareholders | 1,75,638 | 1,78,033 | 1,84,373 | 1,79,761 |
Common questions
What was Mahanagar Gas Ltd's latest quarterly profit?
Mahanagar Gas Ltd reported a net profit of ₹289 cr for the quarter ended Jun 2024, on revenue of ₹1,832 cr.
How much do promoters hold in Mahanagar Gas Ltd?
Promoters held 32.50% of Mahanagar Gas Ltd at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Mahanagar Gas Ltd debt-free?
Its latest reported debt-to-equity ratio is 0.03, which is very low.
What is Mahanagar Gas Ltd's P/E ratio?
About 14.5, based on the last 12 months' earnings and a price of ₹1,048.5 (data 2026-10-31).
What is the 52-week high and low of Mahanagar Gas Ltd?
The 52-week high is ₹1,286.2 and the 52-week low is ₹900.
Mutual funds holding Mahanagar Gas Ltd
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 6 schemes holding about ₹543 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| Parag Parikh Flexi Cap Fund | PPFAS Mutual Fund | 0.29% | ₹421 cr |
| ADITYA BIRLA SUN LIFE PSU EQUITY FUND | Aditya Birla Sun Life Mutual Fund | 1.30% | ₹75 cr |
| ADITYA BIRLA SUN LIFE VALUE FUND | Aditya Birla Sun Life Mutual Fund | 0.61% | ₹41 cr |
| Parag Parikh ELSS Tax Saver Fund | PPFAS Mutual Fund | 0.08% | ₹4 cr |
| Mirae Asset Nifty Energy ETF | Mirae Asset Mutual Fund | 0.64% | ₹2 cr |
| Mirae Asset BSE 500 Dividend Leaders 50 ETF | Mirae Asset Mutual Fund | 0.32% | ₹0 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Mahanagar Gas Ltd | ₹1,048.5 | ₹10,324 cr | 14.5 | — | 13.7% | 15.9% | 0.03 | -17.8% |
| GAIL (India) Limited | ₹167.91 | ₹1,10,462 cr | 8.7 | 1.1 | 8.7% | 8.4% | 0.28 | -9.7% |
| Adani Total Gas Ltd. | ₹534.45 | ₹58,757 cr | 91.6 | 11.4 | 14.5% | 14.4% | 0.59 | -15.8% |
| Petronet Lng Limited | ₹289.5 | ₹43,298 cr | 10.3 | — | 18.6% | 19.5% | 0.11 | +2.0% |
| Gujarat Energy Ltd | ₹208.1 | ₹19,534 cr | 9.3 | — | 15% | 9.1% | 0.18 | -49.6% |
| Indraprastha Gas Limited | ₹139.19 | ₹19,481 cr | 14.3 | — | 14% | 11.8% | 0.01 | -34.4% |
Compare MGL with GAIL in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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