Mahanagar Gas Peer Comparison
NSE: MGL | BSE: 539957
₹1,092.60
As on 28-Aug-2026IST
Market cap
₹10,783 Cr
Revenue (TTM)
₹9,382 Cr
P/E Ratio
15.1
P/B Ratio
1.6
Div. Yield
2.7 %
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
10,783 | 33,414 | 20,664 | 1,12,434 | 70,058 |
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 |
15.07 | 17.61 | 15.18 | 11.38 | 110.82 |
Price-To-Book |
1.63 | 1.71 | 1.77 | 1.20 | 14.02 |
Income Statement (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Operating Revenue
|
8,245.70 | 16,486.95 | 14,927.80 | 1,41,597.72 | 5,894.41 |
|
Total Income
|
8,365.57 | 16,695.24 | 15,261.92 | 1,43,107.86 | 6,022.46 |
|
Total Expenditure
|
6,795.11 | 14,587.88 | 12,938.48 | 1,30,087.58 | 4,699.81 |
|
EBITDA
|
1,450.59 | 1,899.07 | 1,989.32 | 11,510.14 | 1,194.60 |
|
Depreciation
|
409.88 | 510.64 | 475.86 | 3,835.09 | 243.14 |
|
EBIT
|
1,040.71 | 1,388.43 | 1,513.46 | 7,675.05 | 951.46 |
|
Interest
|
20.96 | 51.80 | 26.34 | 964.18 | 219.61 |
|
Other Income
|
119.87 | 208.29 | 334.12 | 1,510.14 | 128.05 |
|
Exceptional Items
|
-- | -- | -- | 2,440.03 | -- |
|
Profit before Tax
|
1,134.59 | 1,549.41 | 2,182.53 | 9,725.22 | 881.89 |
|
Provision for Tax
|
294.04 | 401.09 | 469.52 | 2,143.70 | 226.17 |
|
Profit after Tax
|
840.55 | 1,148.32 | 1,713.01 | 7,581.52 | 655.72 |
Liabilities (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,427.61 | 8,489.64 | 10,615.77 | 89,049.60 | 4,864.81 |
|
Minority Interest
|
13.98 | -- | 26.69 | 242.06 | -- |
|
Non-Current Liabilities
|
580.99 | 1,197.14 | 624.70 | 29,548.37 | 2,453.23 |
|
Current Liabilities
|
1,958.54 | 2,964.33 | 4,314.20 | 23,281.41 | 2,230.58 |
|
Total Liabilities
|
8,981.12 | 12,651.11 | 15,581.36 | 1,42,121.44 | 9,548.62 |
Assets (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
7,144.61 | 9,685.92 | 10,938.01 | 1,22,359.73 | 8,125.73 |
|
Current Assets
|
1,836.51 | 2,965.19 | 4,643.35 | 19,761.71 | 1,422.89 |
|
Total Assets
|
8,981.12 | 12,651.11 | 15,581.36 | 1,42,121.44 | 9,548.62 |
|
Total Debt*
|
0.00 | 0.00 | 7.46 | 19,964.21 | 2,168.12 |
|
Net Current Assets
|
-122.03 | 0.86 | 329.15 | -3,519.70 | -807.69 |
|
Contingent Liabilities
|
551.22 | 578.12 | 530.12 | 9,364.30 | 3,518.86 |
Cashflow (₹ Cr)
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,162.29 | 1,805.86 | 2,198.80 | 11,248.65 | 1,148.66 |
|
Cash Flow from Investing Activities
|
-888.26 | -1,921.25 | -1,519.09 | -9,153.88 | -1,236.13 |
|
Cash from Financing Activities
|
-368.58 | -473.73 | -754.13 | -2,750.10 | 116.50 |
|
Net Cash Inflow / Outflow
|
-94.55 | -589.12 | -74.42 | -655.33 | 29.03 |
Ratios
Profitability Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
ROCE (%)
|
18.78 | 19.75 | 21.81 | 10.17 | 16.96 |
|
ROE (%)
|
13.66 | 14.17 | 16.92 | 8.71 | 14.46 |
|
ROA (%)
|
9.73 | 9.43 | 11.50 | 5.38 | 7.62 |
|
EBIT Margin (%)
|
19.05 | 12.78 | 15.56 | 9.20 | 22.44 |
|
Net Margin (%)
|
10.05 | 6.88 | 11.22 | 5.30 | 10.89 |
|
Cash Profit Margin (%)
|
13.79 | 9.65 | 13.29 | 8.03 | 13.96 |
Growth Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
13.52 | 5.08 | 6.63 | -0.21 | 17.89 |
|
EBIT Growth (%)
|
-9.56 | 5.02 | -12.09 | -22.00 | 13.59 |
|
Net Profit Growth (%)
|
-19.19 | 0.40 | -13.63 | -39.17 | 0.20 |
|
EPS Growth (%)
|
-19.14 | 0.40 | -13.47 | -39.10 | 0.20 |
|
Book Value Growth (%)
|
9.36 | 9.93 | 10.20 | 4.77 | 15.63 |
Valuation Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Price / Earnings
|
10.89 | 24.73 | 16.52 | 11.94 | 85.51 |
|
Price / Book Value
|
1.42 | 3.35 | 2.67 | 1.02 | 11.53 |
|
Dividend Yield (%)
|
3.24 | 1.41 | 3.45 | 3.99 | 0.05 |
|
EV/EBITDA
|
5.76 | 13.31 | 11.24 | 8.32 | 43.65 |
|
Market Cap (₹ Cr)
|
9,157.67 | 28,403.72 | 28,377.75 | 90,537.58 | 56,067.63 |
Solvency Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.00 | 0.00 | 0.22 | 0.45 |
|
Short term debt to equity ratio
|
-- | -- | -- | 0.05 | 0.00 |
|
Current Ratio
|
0.94 | 1.00 | 1.08 | 0.85 | 0.64 |
|
Quick Ratio
|
0.91 | 0.98 | 1.07 | 0.63 | 0.59 |
|
Interest Coverage
|
55.13 | 30.91 | 83.86 | 11.09 | 5.02 |
Operating Efficiency Ratios
| Mahanagar Gas | Gujarat Gas | Indraprastha Gas | GAIL (India) | Adani Total Gas | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
5.56 | 6.21 | 4.73 | 6.08 | 7.10 |
|
Asset Turnover
|
1.05 | 1.41 | 1.11 | 1.01 | 0.75 |
|
Receivable days
|
16.56 | 21.81 | 19.12 | 24.45 | 23.88 |
|
Inventory Days
|
2.31 | 1.28 | 1.12 | 14.65 | 6.42 |
|
Payable days
|
29.49 | 20.64 | 31.64 | 21.55 | 31.17 |
|
Cash Conversion Cycle
|
-10.62 | 2.45 | -11.39 | 17.54 | -0.88 |