Mahanagar Gas Ltd
NSE: MGL BSE: 539957
â‚ą1023.10
-11.20 (1.08%)
Tue, 03 Nov 2026, 10:16 pm
Market Cap (in Cr)10086.2
PE Ratio14.13
Dividend2.94
Utilities
Gas Distributors
24.5KMahanagar Gas Analysis
dividend
- 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%).
- 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%).
future
- 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.
- Mahanagar Gas's earnings growth is positive but not above the low risk savings rate of 7.2%.
- Mahanagar Gas's earnings are expected to decrease over the next year.
- Mahanagar Gas's net income is expected to increase but not above the 50% threshold in 2 years time.
health
- 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.
- Mahanagar Gas has no debt, it does not need to be covered by operating cash flow.
- Mahanagar Gas has no debt, it does not need to be covered by short term assets.
- Mahanagar Gas's cash and other short term assets cover its long term commitments.
- Mahanagar Gas has no debt compared to 5 years ago when it was 1.1%.
- Mahanagar Gas has no debt, therefore coverage of interest payments is not a concern.
- Mahanagar Gas has no debt.
- High level of physical assets or inventory.
management
- Sanjib's remuneration is lower than average for companies of similar size in India.
- The average tenure for the Mahanagar Gas board of directors is less than 3 years, this suggests a new board.
- The average tenure for the Mahanagar Gas management team is less than 2 years, this suggests a new team.
misc
- Mahanagar Gas is not covered by any analysts.
- Mahanagar Gas has significant price volatility in the past 3 months.
past
- Mahanagar Gas's 1-year earnings growth exceeds its 5-year average (45.1% vs 20.2%)
- Mahanagar Gas has delivered over 20% year on year earnings growth in the past 5 years.
- Mahanagar Gas used its assets more efficiently than the IN Gas Utilities industry average last year based on Return on Assets.
- Mahanagar Gas has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Mahanagar Gas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Mahanagar Gas's earnings growth has not exceeded the IN Gas Utilities industry average in the past year (45.1% vs 59.5%).
value
- Mahanagar Gas is good value based on assets compared to the IN Gas Utilities industry average.
- Mahanagar Gas is good value based on earnings compared to the IN Gas Utilities industry average.
- 539957 outperformed the Gas Utilities industry which returned -4.1% over the past year.
- 539957 outperformed the Market in India which returned -14.5% over the past year.
- BSE:539957 is up 17.2% outperforming the Gas Utilities industry which returned 15.1% over the past month.
- BSE:539957 is up 17.2% outperforming the market in India which returned 8% over the past month.
- Mahanagar Gas's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Mahanagar Gas's share price is below the future cash flow value, but not at a substantial discount (< 40%).
- Mahanagar Gas is poor value based on expected growth next year.
- Mahanagar Gas is overvalued based on earnings compared to the India market.
