Mahanagar Gas Peer Comparison
NSE: MGL | BSE: 539957
₹1,043.70
As on 05-Oct-2026IST
Market cap
₹10,311 Cr
Revenue (TTM)
₹9,382 Cr
P/E Ratio
14.4
P/B Ratio
1.6
Div. Yield
2.9 %
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
10,311 | 21,786 | 19,887 | 1,10,133 | 64,069 |
Revenue (₹ Cr) |
9,382 | 23,618 | 18,563 | 1,48,016 | 6,817 |
Net Profit (₹ Cr) |
719.17 | 1,655.26 | 1,070.56 | 8,444.97 | 604.85 |
Net Margin (%) |
7.57 | 6.87 | 5.65 | 5.65 | 8.82 |
RoE (%) |
11.32 | 15.06 | 11.98 | 11.15 | 13.49 |
Price to Earnings |
14.41 | 11.48 | 14.61 | 11.15 | 101.34 |
Price-To-Book |
1.56 | 1.12 | 1.70 | 1.18 | 12.82 |
Income Statement (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Operating Revenue
|
9,377.22 | 23,617.81 | 18,563.00 | 1,48,015.66 | 6,817.00 |
|
Total Income
|
9,494.86 | 24,095.54 | 18,949.19 | 1,49,514.14 | 6,859.74 |
|
Total Expenditure
|
8,083.88 | 20,733.75 | 16,936.07 | 1,33,077.08 | 5,645.47 |
|
EBITDA
|
1,293.34 | 2,884.06 | 1,626.93 | 14,938.58 | 1,171.53 |
|
Depreciation
|
421.80 | 693.75 | 530.77 | 3,828.89 | 254.19 |
|
EBIT
|
871.54 | 2,190.31 | 1,096.16 | 11,109.69 | 917.34 |
|
Interest
|
21.81 | 125.46 | 16.28 | 1,069.53 | 140.93 |
|
Other Income
|
117.64 | 477.73 | 386.19 | 1,498.48 | 42.74 |
|
Exceptional Items
|
0.00 | -146.57 | 0.00 | 0.00 | 0.00 |
|
Profit before Tax
|
967.37 | 2,396.01 | 1,466.07 | 11,538.64 | 819.15 |
|
Provision for Tax
|
246.41 | 740.75 | 395.51 | 3,093.67 | 214.30 |
|
Profit after Tax
|
720.96 | 1,655.26 | 1,070.56 | 8,444.97 | 604.85 |
Liabilities (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,434.26 | 18,438.63 | 11,504.44 | 89,049.60 | 4,864.81 |
|
Minority Interest
|
0.00 | 191.27 | 7.36 | 8.36 | 0.00 |
|
Non-Current Liabilities
|
576.43 | 3,267.99 | 679.90 | 27,963.52 | 2,453.23 |
|
Current Liabilities
|
1,954.55 | 5,419.79 | 4,823.44 | 23,281.41 | 2,230.58 |
|
Total Liabilities
|
-- | 27,542.82 | 17,028.36 | 1,42,121.44 | 9,548.62 |
Assets (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
6,474.49 | 14,464.39 | 11,153.25 | 1,13,536.23 | 7,548.36 |
|
Current Assets
|
1,830.50 | 10,107.59 | 5,571.58 | 19,761.71 | 1,422.89 |
|
Total Assets
|
-- | 27,542.82 | 17,028.36 | 1,42,121.44 | 9,548.62 |
|
Total Debt*
|
-- | 3,060.03 | 26.59 | 19,964.21 | 2,168.12 |
|
Net Current Assets
|
-124.05 | 4,687.80 | 748.14 | -3,519.70 | -807.69 |
|
Contingent Liabilities
|
-- | 3,799.22 | 2,607.01 | 9,364.30 | 3,518.86 |
Cashflow (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
-- | 2,720.89 | 1,935.58 | 11,248.65 | 1,148.66 |
|
Cash Flow from Investing Activities
|
-- | -2,097.04 | -1,211.42 | -9,153.88 | -1,236.13 |
|
Cash from Financing Activities
|
-- | -417.38 | -699.33 | -2,750.10 | 116.50 |
|
Net Cash Inflow / Outflow
|
-- | 206.47 | 24.83 | -655.33 | 29.03 |
Ratios
Profitability Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
ROCE (%)
|
-- | 11.32 | 18.23 | 10.17 | 16.96 |
|
ROE (%)
|
11.40 | 15.06 | 11.98 | 11.15 | 13.49 |
|
ROA (%)
|
8.40 | 8.24 | 6.57 | 6.17 | 7.03 |
|
EBIT Margin (%)
|
9.29 | 9.27 | 5.91 | 7.51 | 13.46 |
|
Net Margin (%)
|
7.59 | 6.87 | 5.65 | 5.65 | 8.82 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
11.31 | 13.13 | 9.90 | 3.58 | 20.21 |
|
EBIT Growth (%)
|
-31.30 | 43.51 | -22.07 | 4.20 | 0.09 |
|
Net Profit Growth (%)
|
-32.72 | 91.50 | -17.98 | -17.22 | -3.53 |
|
EPS Growth (%)
|
-32.72 | 97.22 | -35.82 | 2.96 | -2.41 |
|
Book Value Growth (%)
|
-- | -21.86 | 8.37 | 4.77 | 15.63 |
Valuation Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Price / Earnings
|
14.30 | 8.99 | 14.61 | 11.15 | 101.34 |
|
Price / Book Value
|
1.56 | 1.12 | 1.70 | 1.18 | 12.82 |
|
Dividend Yield (%)
|
2.87 | 3.84 | 3.34 | 3.28 | 0.04 |
|
EV/EBITDA
|
7.08 | 8.16 | 9.59 | 8.57 | 55.86 |
|
Market Cap (₹ Cr)
|
-- | 9,651.22 | 20,390.56 | 90,537.58 | 56,067.63 |
Solvency Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.16 | 0.00 | 0.15 | 0.33 |
|
Short term debt to equity ratio
|
-- | 0.00 | -- | 0.05 | 0.00 |
|
Current Ratio
|
0.94 | 1.86 | 1.16 | 0.85 | 0.64 |
|
Quick Ratio
|
0.90 | 1.66 | 1.14 | 0.63 | 0.59 |
|
Interest Coverage
|
45.35 | 20.10 | 91.05 | 11.79 | 6.81 |
Operating Efficiency Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
4.89 | 7.42 | 4.96 | 5.81 | 6.14 |
|
Asset Turnover
|
1.09 | 1.18 | 1.14 | 1.08 | 0.79 |
|
Receivable days
|
-- | 29.13 | 16.64 | 24.45 | 23.88 |
|
Inventory Days
|
-- | 14.84 | 1.12 | 14.65 | 6.42 |
|
Payable days
|
-- | 34.25 | 29.52 | 21.55 | 31.17 |
|
Cash Conversion Cycle
|
-- | 9.72 | -11.76 | 17.54 | -0.88 |