Mahanagar Gas Ltd.
Snapshot View

1142.90 -3.85 ▼-0.3%

23 July 2021, 04:00:00 P.M.
Volume: 47,219

Overview View Details

Sector Gas Transmission Compare with Sector peers
Industry Gas Transmission/Marketing Compare with Industry peers
Website http://www.mahanagargas.com
Financial Indicators
Market Cap 11,299.68 Cr.
Earnings per share (EPS) 62.72 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 18.24 Trailing Twelve Months Ending 2021-03
Industry PE 44.62 Trailing Twelve Months Ending 2021-03
Book Value / Share 327.24 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.50 Calculated using Price: 1,143.95
Dividend Yield 2.01 Period Ending 2020-03
No. of Shares Subscribed 9.88 Cr. 98,777,778 Shares
FaceValue 10
Company Profile

Mahanagar Gas Limited, (MGL) one of the India's leading Natural Gas Distribution Companies was incorporated on May 8, 1995. GAIL (India) Limited (Maharatna Company of Govt. of India) is the promoter of MGL.

Mahanagar Gas (MGL) is one of the leading Natural Gas Distribution Companies in India. MGL is the sole authorized distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad district of Maharashtra. Promoted by GAIL (India) Limited, the largest state-owned natural gas processing and distribution Company in India and BG Asia Pacific Holdings Pte. Ltd (BGAPH), MGL distributes CNG for motor vehicles and PNG for domestic, commercial as well as industrial use.

Business area of the company

MGL is in the business of City Gas Distribution (CGD), supplying natural gas in the city of Mumbai including its adjoining areas and the Raigad district, in the State of Maharashtra, India.

Services offered by the company

  • Domestic PNG
  • Commercial PNG
  • CNG
  • Industrial PNG
  • Gas Geysers

Awards

  • 2009: MGL Certified for OHSAS 18001:2007 Occupational Health & Safety Management Systems in July 2009
  • 2009: MGL recertified for ISO 14001:2004 in November 2009
  • 2009: 6th CII Western Region SHE award 2009 (Service Sector-Large)
  • 2010: BG Chairman’s Award for Safety 2010
  • 2013: Greentech Safety Award, 2013
  • 2013: Greentech Environment Excellence Award, 2013
  • 2014: Greentech CSR Award, 2014
  • 2015: Greentech CSR Award, 2015
  • 2015: 5th Annual Greentech CSR Award 2015
  • 2015: Pt. Madan Mohan Malviya Award being presented for CSR Initiative - MGL Unnati, 2015
  • 2015: Golden Peacock Award for Corporate Social Responsibility, 2015
  • 2015: Rashtra Vibhushan Award 2015 in Gold Category
  • 2016: Greentech HR Award 2016
  • 2016: Rashtra Vibhushan Award 2016
  • 2016: Greentech Safety Awards 2016 in Gold Category
  • 2016: Best Education Improvement Award by World CSR Day 2016
  • 2016: Rashtra Vibhushan Award 2016-17
  • 2017: The Middle East CSR Leadership Awards 2017
  • 2017: Nava Bharat CSR Leadership Summit Awards 2017
  • 2017: National Award for Excellence in CSR & Sustainability 2017
  • 2017: Innov Awars 2017 in Gold Category
  • 2017: Golden Tigers Award 2017
  • 2018: Yes Bank - Business World Best CFO Award 2018
  • 2018: Social Change Award 2018 by Govt. of India
  • 2018: Financial Express CFO Awards 2018
  • 2019: MGL was conferred with Stars of Industry Award, 2019 for outstanding achievement in CSR.

Major events and milestones

  • 1997-1998: The first natural gas supply and transportation contract was signed with GAIL.
  • 2008-2009: Completed laying 2,000 km of PE pipeline in GA 1.
  • 2010-2011: Completed laying 200 km of steel pipeline in GA 1 and achieved a customer base of 0.5 million domestic customers.
  • 2011-2012: Commissioned 150th CNG dispensing station.
  • 2012-2013: Completed laying more than 350 km of PE pipeline and 350 km of steel pipelines.
  • 2013-2014: Achieved a customer base of 1.0 million customers.
  • 2017: MGL crosses 200th CNG Station mark in MMR
  • 2017-18: Mahanagar Gas sets up First CNG Station in Raigad.
  • 2018-19: Expanded its network in Raigad by operating 10 CNG stations.
  • 2019-20: Crossed a milestone of 250 CNG stations.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.34%
1 Week
-0.81%
1 Month
-2.11%
3 Month
+3.06%
6 Month
+9.79%
1 Year
+11.23%
2 Year
+47.71%
5 Year
+125.40%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 31.05 26.54 23.98 22.26 19.83 22.05 24.29 24.32 29.66
Return on Capital Employed (%) 45.35 39.07 35.40 33.03 30.02 33.65 36.89 37.25 37.00
Return on Assets (%) 21.76 17.93 15.82 14.54 13.71 15.75 16.96 16.94 20.97

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,067 1,183 1,297 1,407 1,728 1,840 2,095 2,399 2,953
Non Curr. Liab. 76 90 102 126 136 155 192 221 229
Curr. Liab. 403 511 576 632 506 630 723 821 947
Minority Int.
Equity & Liab. 1,546 1,783 1,974 2,166 2,370 2,624 3,010 3,441 4,129
Non Curr. Assets 1,114 1,268 1,362 1,475 1,631 1,830 2,035 2,267 2,623
Curr. Assets 432 515 612 691 739 795 976 1,174 1,506
Misc. Exp. not W/O
Total Assets 1,546 1,783 1,974 2,166 2,370 2,624 3,010 3,441 4,129

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,309 1,514 1,885 2,095 2,078 2,034 2,233 2,791 2,972
Other Income 19 32 34 41 48 54 58 78 99
Total Income 1,328 1,546 1,920 2,136 2,126 2,088 2,291 2,869 3,071
Total Expenditure -810 -1,032 -1,397 -1,605 -1,569 -1,391 -1,453 -1,906 -1,919
PBIDT 518 515 523 530 556 697 838 963 1,152
Interest 0 -1 0 -1 -2 -1 0 0 -7
Depreciation -64 -71 -81 -80 -83 -95 -111 -126 -162
Taxation -146 -144 -145 -148 -161 -207 -249 -291 -190
Exceptional Items
PAT 308 299 297 301 311 393 478 546 794

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 428 439 398 427 419 532 652 685 983
Cash Fr. Inv. -326 -285 -200 -261 -222 -263 -419 -439 -752
Cash Fr. Finan. -91 -157 -185 -176 -191 -284 -226 -235 -242
Net Change 11 -3 13 -10 5 -15 8 12 -11
Cash & Cash Eqvt 17 13 26 16 22 7 15 27 15

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 42.51 32.50 32.50 32.51 32.50 32.50 32.50 32.50 32.50
Public 57.49 67.50 67.50 67.49 67.50 67.50 67.50 67.50 67.50
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Mahanagar Gas Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 15 Jul 2021
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter Ended June 30 2021
Mahanagar Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2021 inter alia to consider and approve Unaudited Financial Results for the quarter ended June 30 2021
Thu, 08 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- Atul Prabhu
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Closing Near 100 EMA Closing Near 100 EMA

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Adani Total Gas Ltd. 96,458.84 877.05 +2.8%
Gujarat Gas Ltd. 50,290.34 730.55 +1.9%
Gujarat State Petronet Ltd. 18,957.50 336.00 +1.5%
Confidence Futuristic Energetech Ltd. 7.78 38.90 0%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 208.42 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2021-03 39.36 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2021-03 11.80 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2021-03 972.50 38.90 0%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 49.88 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2021-03 11.15 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2021-03 2.97 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2021-03 0.90 38.90 0%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 0.25 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2020-03 0.60 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2020-03 0.74 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2020-03 0.08 38.90 0%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 27.72 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2020-03 43.42 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2020-03 55.89 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2020-03 0.02 38.90 0%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 31.27 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2020-03 29.03 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2020-03 34.33 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2020-03 0.04 38.90 0%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 1,695.60 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2020-03 10,300.34 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2020-03 12,243.61 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2020-03 1.46 38.90 0%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Adani Total Gas Ltd. Consolidated 2021-03 471.95 877.05 +2.8%
Gujarat Gas Ltd. Consolidated 2020-03 1,198.85 730.55 +1.9%
Gujarat State Petronet Ltd. Consolidated 2020-03 2,284.76 336.00 +1.5%
Confidence Futuristic Energetech Ltd. Standalone 2020-03 0.00 38.90 0%