Mahanagar Gas Peer Comparison
NSE: MGL | BSE: 539957
₹1,048.50
As on 30-Oct-2026IST
Market cap
₹10,324 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) |
10,324 | 19,534 | 19,481 | 1,10,462 | 58,757 |
Revenue (₹ Cr) |
9,382 | 23,618 | 18,563 | 1,59,659 | 7,350 |
Net Profit (₹ Cr) |
719.17 | 1,655.26 | 1,070.56 | 11,187.45 | 609.07 |
Net Margin (%) |
7.57 | 6.87 | 5.65 | 6.94 | 8.23 |
RoE (%) |
11.32 | 15.06 | 11.98 | 13.59 | 12.79 |
Price to Earnings |
14.43 | 10.30 | 14.31 | 8.75 | 91.53 |
Price-To-Book |
1.56 | 1.01 | 1.67 | 1.18 | 11.35 |
Income Statement (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Operating Revenue
|
9,382.09 | 23,617.81 | 18,563.00 | 1,59,659.46 | 7,350.27 |
|
Total Income
|
9,500.24 | 24,095.54 | 18,949.19 | 1,61,094.26 | 7,398.33 |
|
Total Expenditure
|
8,089.40 | 20,733.75 | 16,936.07 | 1,41,189.64 | 6,146.59 |
|
EBITDA
|
1,292.69 | 2,884.06 | 1,626.93 | 18,469.82 | 1,203.68 |
|
Depreciation
|
422.75 | 693.75 | 530.77 | 3,664.73 | 264.22 |
|
EBIT
|
869.94 | 2,190.31 | 1,096.16 | 14,805.09 | 939.46 |
|
Interest
|
22.32 | 125.46 | 16.28 | 1,158.92 | 151.10 |
|
Other Income
|
118.15 | 477.73 | 386.19 | 1,434.80 | 48.06 |
|
Exceptional Items
|
0.00 | -146.57 | 0.00 | 0.00 | 0.00 |
|
Profit before Tax
|
965.77 | 2,396.01 | 1,466.07 | 15,080.97 | 836.42 |
|
Provision for Tax
|
246.60 | 740.75 | 395.51 | 3,893.52 | 227.35 |
|
Profit after Tax
|
719.17 | 1,655.26 | 1,070.56 | 11,187.45 | 609.07 |
Liabilities (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,427.61 | 18,438.63 | 11,504.44 | 96,732.77 | 5,176.80 |
|
Minority Interest
|
0.87 | 191.27 | 7.36 | 20.58 | 0.00 |
|
Non-Current Liabilities
|
580.99 | 3,267.99 | 679.90 | 31,229.30 | 2,862.83 |
|
Current Liabilities
|
1,958.54 | 5,419.79 | 4,823.44 | 26,606.16 | 2,017.14 |
|
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
|
6,477.83 | 14,464.39 | 11,153.25 | 1,14,615.24 | 7,958.36 |
|
Current Assets
|
1,836.51 | 10,107.59 | 5,571.58 | 28,864.24 | 1,423.25 |
|
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
|
-122.03 | 4,687.80 | 748.14 | 2,258.08 | -593.89 |
|
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 (%)
|
11.32 | 15.06 | 11.98 | 13.59 | 12.79 |
|
ROA (%)
|
8.34 | 8.24 | 6.57 | 7.68 | 6.48 |
|
EBIT Margin (%)
|
9.27 | 9.27 | 5.91 | 9.27 | 12.78 |
|
Net Margin (%)
|
7.57 | 6.87 | 5.65 | 6.94 | 8.23 |
|
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 | 10.44 | 23.97 |
|
EBIT Growth (%)
|
-31.40 | 43.51 | -22.07 | 49.10 | 4.88 |
|
Net Profit Growth (%)
|
-32.86 | 91.50 | -17.98 | 16.69 | -0.38 |
|
EPS Growth (%)
|
-33.12 | 97.22 | -35.82 | 42.29 | 2.60 |
|
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
|
14.54 | 8.09 | 14.33 | 8.75 | 91.65 |
|
Price / Book Value
|
1.57 | 1.01 | 1.67 | 1.18 | 11.37 |
|
Dividend Yield (%)
|
2.85 | 4.26 | 3.41 | 3.27 | 0.05 |
|
EV/EBITDA
|
7.16 | 7.40 | 9.36 | 6.95 | 50.02 |
|
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 | 0.13 | 0.40 |
|
Short term debt to equity ratio
|
-- | 0.00 | -- | 0.05 | 0.00 |
|
Current Ratio
|
0.94 | 1.86 | 1.16 | 1.08 | 0.71 |
|
Quick Ratio
|
0.91 | 1.66 | 1.14 | 0.80 | 0.64 |
|
Interest Coverage
|
44.27 | 20.10 | 91.05 | 14.01 | 6.54 |
Operating Efficiency Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
4.89 | 7.42 | 4.96 | 8.96 | 7.09 |
|
Asset Turnover
|
1.09 | 1.18 | 1.14 | 1.10 | 0.78 |
|
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 |