Mahanagar Gas Ltd
₹1023.10
-11.20 (1.08%)
Tue, 03 Nov 2026, 06:12 pm
Utilities
Gas Distributors
24.5KMahanagar Gas Share Price Live Chart
1 Day
-11.20 (1.08%)
No Result Found
Summary
Market Cap (in Cr)
10324.25
Net Profit (in Cr)
840.55
P/B
1.42
Sector P/E
12.48
P/E
10.89
EV/EBITDA
5.92
Debt/Equity (Industry)
0.30
Interest Cover (Industry)
15.79
ROCE (Industry)
12.24
RONW (Industry)
11.31
ROE
13.66
ROCE
17.98
Debt/Equity
0.03
EPS (TTM)
72.43
Dividend Yield
2.87
Book Value
650.71
Interest Cover
55.13
Analysis
all
- Dividends paid are well covered by earnings (4x coverage).
- Mahanagar Gas's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Mahanagar Gas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Mahanagar Gas is profitable, therefore cash runway is not a concern.
- Mahanagar Gas is profitable, therefore cash runway is not a concern.
- Dividend payments have increased, but Mahanagar Gas only paid a dividend in the past 4 years.
- Mahanagar Gas has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Mahanagar Gas's dividend is below the markets top 25% of dividend payers in India (3.08%).
- Mahanagar Gas's earnings are expected to grow by 0.3% yearly, however this is not considered high growth (20% yearly).
- Mahanagar Gas's earnings growth is positive but not above the India market average.
Shareholding
| Shareholders | SEPT 2026 | JUN 2026 | MAR 2026 | DEC 2025 | SEPT 2025 |
|---|---|---|---|---|---|
| Promoters | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 |
| FII | 23.46 | 23.21 | 24.14 | 24.89 | 23.60 |
| DII | 22.26 | 22.53 | 21.01 | 20.83 | 22.89 |
| Public | 11.78 | 11.75 | 12.35 | 11.78 | 11.02 |
| Government | 10.00 | 10.00 | 10.00 | 10 | 10.00 |
Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 1158.60 | 1098.70 | 1073.60 | 1038.80 | 1013.70 | 978.90 | 919.00 |
| Fibonacci | 1098.70 | 1075.82 | 1061.68 | 1038.80 | 1015.92 | 1001.78 | 978.90 |
| Camarilla | 1064.97 | 1059.48 | 1053.99 | 1038.80 | 1043.01 | 1037.52 | 1032.03 |
Pivots Level: Classic
R3
+119.80
1158.60
R2
+59.90
1098.70
R1
+34.80
1073.60
S1
-25.10
1013.70
S2
-59.90
978.90
S3
-119.80
919.00
Moving Average
Period
Value
10-EMA
1046.21
20-EMA
1047.56
30-EMA
1052.47
50-EMA
1063.05
100-EMA
1080.29
200-EMA
1111.57
Corporate Actions
| Announcement Date | Purpose | Action | Ex Date |
|---|---|---|---|
| 03 Nov 2026 | board-meetings | Quarterly Results | |
| 03 Aug 2026 | agm | ||
| 07 May 2026 | dividend | ₹18.00 Dividend /Share | 18 Aug 2026 |
| 07 May 2026 | board-meetings | Accounts, Quarterly Results, Final Dividend | |
| 07 Feb 2026 | dividend | ₹12.00 Dividend /Share | 13 Feb 2026 |
| 07 Feb 2026 | board-meetings | Quarterly Results, Interim Dividend | |
| 13 Jan 2026 | dividend | Interim Dividend - Rs. - 12 | 13 Feb 2026 |
| 29 Oct 2025 | board-meetings | Quarterly Results | |
| 31 Jul 2025 | agm | ||
| 14 Jul 2025 | dividend | Final Dividend - Rs. - 18 | 14 Aug 2025 |
Peer Comparison
Mahanagar Gas Ltd
Adani Total Gas Ltd
Gujarat Energy Ltd
Indraprastha Gas Ltd
Petronet LNG Ltd
GAIL (India) Ltd
Mahanagar Gas Ltd About
Mahanagar Gas engaged across the entire gas value chain, including transmission, marketing, processing and distribution of natural gas. It also operates in petrochemicals, Bio-Gas/Compressed Bio-Gas/Ethanol, LPG and liquid hydrocarbons and has diversified into LNG, city gas distribution and renewable energy like wind and solar power.
Industry
Miscellaneous
Founded
1995
Headquarters
CEO
Deepak Gupta
Employees
Contact
Website
https://www.mahanagargas.com
investorrelations@mahanagargas.com, prabhu.atul@ma
Phone
91-22-66952941
Location
MGL House Block No G-33, Bandra-Kurla Complex Bandra(E), Mumbai, Maharashtra, 400051
Mahanagar Gas Ltd Company History
| Year | History |
|---|---|
| 2018 |
|
| 2021 |
|
| 2022 |
|
| 2023 |
|
| 2024 |
|
Deals
| Client Name | Deal Type | Order Side | QTY | Avg Price | Date |
|---|---|---|---|---|---|
| EASTSPRING INVESTMENTS INDIA EQUITY OPEN LIMITED | bulk | Sell | 725150 | 957.01 | 07 Apr 2026 |
| WASHINGTON STATE INVESTMENT BOARD | bulk | Buy | 617784 | 950.42 | 27 Mar 2026 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 509428 | 1132.71 | 18 Nov 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 519028 | 1133.59 | 18 Nov 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 578412 | 1560.41 | 18 Oct 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 578412 | 1560.81 | 18 Oct 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 587018 | 1908.83 | 17 Sept 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 587018 | 1909.87 | 17 Sept 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 568721 | 1776.59 | 02 Jul 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 568721 | 1774.91 | 02 Jul 2024 |
Frequently Asked Questions
1.What is the stock price of Mahanagar Gas Ltd?
As of 03/11/2026 at 11:42 PM, Mahanagar Gas Ltd shares are trading at ₹1023.10.
2.What is the market cap. of Mahanagar Gas Ltd?
As of 03/11/2026, the market capitalization of Mahanagar Gas Ltd is ₹10,086.20 crore.
3.When was Mahanagar Gas Ltd founded?
Mahanagar Gas Ltd was founded in 1995.
4.What are the P/E and P/B ratios of Mahanagar Gas Ltd?
As of 03/11/2026, Mahanagar Gas Ltd has a P/E ratio of 14.13 and a P/B ratio of 1.42.
5.How can I buy shares of Mahanagar Gas Ltd?
You can buy shares of Mahanagar Gas Ltd through Pocketful. Simply open a Demat account, complete your KYC, add funds, and place a buy order.
6.What is the shareholding pattern of Mahanagar Gas Ltd?
As of September,2026, promoters hold 32.50% in Mahanagar Gas Ltd, while FIIs, DIIs and public shareholders hold 23.46%, 22.26% and 11.78%, respectively. The government holds 10.00%.
7.Does Mahanagar Gas Ltd pay dividends?
Yes, Mahanagar Gas Ltd pays dividends to eligible shareholders. The latest dividend announced by the company was ₹₹18.00 Dividend /Share per share.
8.What is the dividend yield of Mahanagar Gas Ltd?
As of 03 November, 2026, the dividend yield of Mahanagar Gas Ltd stands at 2.94%.
9.What are the latest financial results of Mahanagar Gas Ltd?
For the financial year ended March 2025, Mahanagar Gas Ltd reported revenue of ₹7,264.00 crore and a net profit of ₹1,041.00 crore.
10.What is the Stock symbol of Mahanagar Gas Ltd?
MGL is the stock symbol of Mahanagar Gas Ltd.
11.Who is the CEO of Mahanagar Gas Ltd?
The CEO of Mahanagar Gas Ltd is Deepak Gupta.
