Mahanagar Gas Ltd.

MGL

₹1337.9

0.31% (4.2)

Market Cap

₹13,174 Cr.

P/E

12.60

About

Mahanagar Gas Limited (MGL) is a prominent City Gas Distribution company in India, primarily operating in Mumbai and surrounding areas, including Raigad district. As a key distributor of compressed na… Read more

Mahanagar Gas Limited (MGL) is a prominent City Gas Distribution company in India, primarily o… Read more

Low

1075

52W Range

High

1988

Timeline

Key company specific updates

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Forensics

12 Yes

Positive for this company

2 Neutral

Neutral for this company

3 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Depreciation Effect

Company is depreciating a greater percentage of assets. this is contributing to a reduction in net profit
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance

Price & Performance

Capex vs ROCE

Company has maintained it roce despite making significant capex
ROE

Net profit margin is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Customer Segment - Volume

Asset Break-Up - Geography Wise

Operational Metrics

Daily Sales Volume - CNG (mmscmd)
Source
Realization / SCM - Natural Gas (Rs/SCM)
Source
Realization / SCM - CNG (Rs/SCM)
Source
Realization / SCM - PNG (Rs/SCM)
Source
Daily Sales Volume - Natural Gas (mmscmd)
Source
Daily Sales Volume - PNG (mmscmd)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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Suppliers

Goodluck India Ltd.
Iris Business Services Ltd.

FAQs on Mahanagar Gas Ltd. Business

What does Mahanagar Gas do?

Mahanagar Gas Limited is a major player in City Gas Distribution in Mumbai and surrounding areas. It is backed by GAIL (India) Limited and distributes CNG and PNG for various purposes.

Who are the competitors of Mahanagar Gas?

Mahanagar Gas major competitors are Indraprastha Gas, Gujarat Gas, Adani Total Gas, Guj. State Petronet, Confidence Petroleum, Petronet LNG, GAIL India.
Market Cap of Mahanagar Gas is ₹13,174 Crs.
While the median market cap of its peers are ₹31,277 Crs.

Is Mahanagar Gas financially stable compared to its competitors?

Mahanagar Gas seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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Discussions & Analysis

Mahanagar Gas Ltd.

Analysis: Mahanagar Gas Ltd - Dr Vijay Malik

View the discussion on ValuePickr

CARE Ratings' Webinar - 'City gas distribution- Propelling a cleaner growth' - CARE Ratings

Gas Sector Value Chain Analysis - How to play Gas Cycle in India? - Beat The Street

Business of Mahanagar Gas and the opportunities ahead - Aditya Shah

Comparative Analysis | Mahanagar Gas & Indraprastha Gas - Sadhan

A thread on the business of Mahanagar Gas and the opportunities ahead? - Aditya Shah

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Mahanagar Gas Ltd.