Widely used:Recently Viewed
Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹13,700 Cr
Revenue (TTM)
₹7,979 Cr
Net Profit (TTM)
₹1,041 Cr
ROE
27.6 %
ROCE
37.5 %
P/E Ratio
13.2
P/B Ratio
2.3
Industry P/E
16.75
EV/EBITDA
7.7
Div. Yield
2.2 %
Debt to Equity
0
Book Value
₹595.3
EPS
₹105.3
Face value
10
Shares outstanding
98,777,778
CFO
₹7,946.40 Cr
EBITDA
₹9,241.64 Cr
Net Profit
₹6,106.03 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Mahanagar Gas
| 8.4 | 0.1 | 5.2 | -5.4 | 25.8 | 5.2 | -- |
|
BSE Mid Cap
| -3.1 | -0.1 | 11.8 | -2.8 | 28.3 | 28.8 | 15.7 |
|
Company
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
|---|---|---|---|---|---|---|---|
|
Mahanagar Gas
| 6.7 | 43.2 | -2.9 | -18.6 | -0.5 | 16.7 | -19.0 |
|
BSE Mid Cap
| 25.8 | 45.5 | 1.4 | 39.2 | 19.9 | -3.0 | -13.3 |
|
| 12.9 | 32.6 | 22.2 | 64.4 | -0.4 | -7.3 | -14.8 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Mahanagar Gas
|
1,392.4 | 13,700.5 | 7,979.0 | 1,041.3 | 15.3 | 18.2 | 13.2 | 2.3 |
| 622.6 | 68,441.2 | 4,999.9 | 654.4 | 17.2 | 16.8 | 104.6 | 16.3 | |
| 180.4 | 1,18,483.3 | 1,42,291.4 | 10,959.6 | 8.2 | 12.3 | 9.5 | 1.6 | |
| 453.9 | 30,953.5 | 17,185.0 | 1,143.8 | 8.0 | 13.9 | 27 | 3.6 | |
| 314.6 | 17,730.3 | 18,068.1 | 1,698.0 | 11.0 | 9.7 | 16 | 1.5 | |
| 202.3 | 28,336.0 | 16,466.7 | 1,351.7 | 9.1 | 16.2 | 16.5 | 2.7 | |
| 968.0 | 43,544.8 | 3,143.8 | 231.4 | -- | 44 | 46.5 | 15.4 | |
| 113.6 | 94.7 | 63.8 | 4.7 | -- | 27.7 | 15.2 | 3.6 |
2 min read•By Jugal Harpalani
2 min read•By Jugal Harpalani
Mumbai's official gas supplier: Mahanagar Gas
1 min read•By Yash Rohra
Mahanagar Gas IPO - Should you buy?
5 min read•By Research Desk
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides commercial piped natural gas (PNG), industrial PNG, domestic PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 9... lakh CNG vehicles with 1,800 dispensing points; 550 km of steel pipeline and 6000 km of poly-ethylene pipeline; and 4500 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. Read more
Incorporated
1995
Chairman
Sandeep Kumar Gupta
Managing Director
Ashu Shinghal
Group
PSU
Headquarters
Mumbai, Maharashtra
Website
Looking for more details about Mahanagar Gas Ltd.’s IPO? Explore our IPO Details page.
Our rating system has guided millions of investors in the past 20 years.
The total asset value of Mahanagar Gas Ltd stood at ₹ 8,270 Cr as on 31-Mar-25
The share price of Mahanagar Gas Ltd is ₹1,392.40 (NSE) and ₹1,387.00 (BSE) as of 19-Jun-2025 15:53 IST. Mahanagar Gas Ltd has given a return of 25.83% in the last 3 years.
Mahanagar Gas Ltd has a market capitalisation of ₹ 13,700 Cr as on 19-Jun-2025. As per Value Research classification, it is a Mid Cap company.
The P/B ratio of Mahanagar Gas Ltd is 2.33 times as on 19-Jun-2025, a 14% discount to its peers’ median range of 2.71 times.
The P/E ratio of Mahanagar Gas Ltd is 13.17 times as on 19-Jun-2025, a 21% discount to its peers’ median range of 16.75 times.
Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the Mahanagar Gas Ltd and enter the required number of quantities and click on buy to purchase the shares of Mahanagar Gas Ltd.
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides commercial piped natural gas (PNG), industrial PNG, domestic PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 9 lakh CNG vehicles with 1,800 dispensing points; 550 km of steel pipeline and 6000 km of poly-ethylene pipeline; and 4500 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.
The promoter of Mahanagar Gas Ltd is Gail (India) Ltd. Gail (India) Ltd owns 32.5 per cent of the total equity. The chairman of the company is Sandeep Kumar Gupta , and the managing director is Ashu Shinghal..
There is no promoter pledging in Mahanagar Gas Ltd.
Some of the close peers are:
| Company | Market Cap(₹ Cr) |
|---|---|
|
32,320
|
|
|
27,839
|
|
|
18,701
|
|
|
1,25,847
|
|
|
72,510
|
|
|
95
|
|
|
45,582
|
|
|
32,320
|
|
|
27,839
|
| Mahanagar Gas Ltd. | Ratios |
|---|---|
|
Return on equity(%)
|
18.24
|
|
Operating margin(%)
|
15.26
|
|
Net Margin(%)
|
12.78
|
|
Dividend yield(%)
|
2.11
|
Yes, TTM profit after tax of Mahanagar Gas Ltd was ₹1,041 Cr.
₹-33.20
(
