Mahanagar Gas Ltd.

1481.05 +12.55 ▲0.9%

29 February 2024, 04:01:00 PM
Volume: 15,800

Company Profile

Sector Gas Transmission Sector Icon Gas Transmission Compare with Sector peers
Industry Gas Transmission/Marketing Industry Icon Gas Transmission/Marketing Compare with Industry peers
Website http://www.mahanagargas.com
Market Cap 14,676.40 Cr.
Enterprise Value(EV) 14,358.19 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 130.89 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 11.35 Trailing Twelve Months Ending 2023-12
Industry PE 33.39 Trailing Twelve Months Ending 2023-12
Book Value / Share 505.84 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.94 Calculated using Price: 1,485.80
Dividend Yield 1.75 Period Ending 2023-03
No. of Shares Subscribed 9.88 Cr. 98,777,778 Shares
FaceValue 10
About Mahanagar Gas Ltd.
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.

Mahanagar Gas Ltd. Delivery

Delivered Qty
Traded Qty

Mahanagar Gas Ltd. Performance

1 Day
+0.85%
1 Week
-1.82%
1 Month
+7.79%
3 Month
+44.02%
6 Month
+45.81%
1 Year
+65.30%
2 Year
+103.57%
5 Year
+64.62%
10 Year

Mahanagar Gas Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 22.26 19.83 22.05 24.29 24.32 29.66 20.03 17.48 20.44
Return on Capital Employed (%) 33.03 30.02 33.65 36.89 37.25 37 27.19 23.83 27.55
Return on Assets (%) 14.54 13.71 15.75 16.96 16.94 20.97 14.2 12.14 14.03

Mahanagar Gas Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 1,407 1,728 1,840 2,095 2,399 2,953 3,232 3,597 4,134 4,679
Non Curr. Liab. 126 136 155 192 221 229 258 310 337 360
Curr. Liab. 632 506 630 723 821 947 1,111 1,327 1,561 1,617
Minority Int.
Equity & Liab. 2,166 2,370 2,624 3,010 3,441 4,128 4,601 5,234 6,032 6,656
Non Curr. Assets 1,475 1,631 1,830 2,035 2,267 2,623 2,847 3,389 4,026 4,097
Curr. Assets 691 739 795 976 1,174 1,505 1,754 1,845 2,006 2,559
Misc. Exp. not W/O
Total Assets 2,166 2,370 2,624 3,010 3,441 4,128 4,601 5,234 6,032 6,656

Mahanagar Gas Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 2,095 2,078 2,034 2,233 2,791 2,972 2,153 3,560 6,299 6,915
Other Income 41 48 54 58 78 99 84 87 112 164
Total Income 2,136 2,126 2,088 2,291 2,869 3,071 2,236 3,647 6,411 7,079
Total Expenditure -1,605 -1,569 -1,391 -1,453 -1,906 -1,920 -1,222 -2,637 -5,115 -5,076
PBIDT 530 556 697 838 963 1,152 1,014 1,010 1,296 2,003
Interest -1 -2 -1 0 0 -7 -7 -8 -9 -10
Depreciation -80 -83 -95 -111 -126 -162 -174 -196 -231 -260
Taxation -148 -161 -207 -249 -291 -190 -214 -209 -265 -440
Exceptional Items
PAT 301 311 393 478 546 794 620 597 790 1,293
Adjusted EPS 34 35 40 48 55 80 63 60 80 131

Mahanagar Gas Ltd. Cash Flow

Particulars 10 years 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. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 398 427 419 532 652 685 985 806 904 969
Cash Fr. Inv. -200 -261 -222 -263 -419 -439 -755 -444 -539 -649
Cash Fr. Finan. -185 -176 -191 -284 -226 -235 -242 -349 -310 -285
Net Change 13 -10 5 -15 8 12 -11 13 54 35
Cash & Cash Eqvt 26 16 22 7 15 27 15 28 82 118

Mahanagar Gas Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 32.50 32.50 32.50 32.50 32.50 32.50 32.50 32.50 32.50
Public 67.50 67.50 67.50 67.50 67.50 67.49 67.49 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

Mahanagar Gas Ltd. Announcements

Tue, 27 Feb 2024
Announcement under Regulation 30 (LODR)-Updates on Acquisition
In Continuation to our letter dated 12th February 2024 subsequent to execution of Share Subscription Agreement (SSA) the Company has entered in to Shareholders Agreement ("SHA") with 3EV Industries Private Limited ("3ev") Founders Promoters and other Shareholders of 3ev to acquire 30.97% shareholding in 3ev.
Tue, 20 Feb 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We submit herewith the schedule of meeting with Analyst/ Institutional Investors to be held on February 23 2024.
Tue, 20 Feb 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We submit herewith the schedule of meeting with the Analyst/ Institutional Investors to be held on February 26 2024.

Mahanagar Gas Ltd. Technical Scans

Thu, 29 Feb 2024
Higher Trade Quantity Higher Trade Quantity
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Close Within 52 Week High Zone Close Within 52 Week High Zone
Close Below Last Week Low Close Below Last Week Low
Making Lower Lows for 2 Days Making Lower Lows for 2 Days

Mahanagar Gas Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Adani Total Gas Ltd. 112,758.03 1,025.25 +0.6%
Gujarat Gas Ltd. 38,959.44 565.95 +3.2%
Indraprastha Gas Ltd. 29,750.03 426.00 +2.4%
Gujarat State Petronet Ltd. 20,856.07 369.65 +2.3%
Confidence Futuristic Energetech Ltd. 313.00 125.10 -2.3%
Rudra Gas Enterprise Ltd. 178.76 214.39 +10.0%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-12 188.73 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-12 35.30 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-12 15.27 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-12 13.39 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-12 34.06 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 50.78 214.39 +10.0%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-12 33.10 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-12 5.33 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-12 3.17 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-12 2.00 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-12 2.07 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 6.17 214.39 +10.0%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-03 0.47 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-03 0.00 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-03 0.00 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-03 0.00 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-03 0.61 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 2.18 214.39 +10.0%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-03 20.40 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-03 24.15 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-03 21.13 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-03 26.97 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-03 4.41 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 56.55 214.39 +10.0%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-03 20.40 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-03 24.15 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-03 21.13 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-03 26.97 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-03 4.41 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 56.55 214.39 +10.0%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-03 4,378.19 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-03 16,759.40 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-03 14,145.85 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-03 18,116.59 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-03 122.36 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 49.42 214.39 +10.0%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Adani Total Gas Ltd. Consolidated 2023-03 546.49 1,025.25 +0.6%
Gujarat Gas Ltd. Consolidated 2023-03 1,528.38 565.95 +3.2%
Indraprastha Gas Ltd. Consolidated 2023-03 1,639.65 426.00 +2.4%
Gujarat State Petronet Ltd. Consolidated 2023-03 2,342.01 369.65 +2.3%
Confidence Futuristic Energetech Ltd. Consolidated 2023-03 6.44 125.10 -2.3%
Rudra Gas Enterprise Ltd. Standalone 2023-03 3.52 214.39 +10.0%

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