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Mahanagar Gas

  • Market Cap: Mid Cap
  • Industry: Gas Transmission/Marketing
  • ISIN: INE002S01010
  • NSEID: MGL
  • BSEID: 539957
INR
1,280.00
34.25 (2.75%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.92 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

1,239.001,289.25

52 Week

1,075.001,988.55
Valuation
Technical
Day's Volume

CASH

4.92 lacs (134.92%) Volume

Shareholding (Dec 2024)

FII

25.75%

Held by 270 FIIs

DII

31.10%

Held by 33 DIIs

Promoter

32.50%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate 6.99% of over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Gas Transmission/Marketing

stock-summary
Market cap

INR 12,644 Cr (Mid Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

16

stock-summary
Dividend Yield

0.96%

stock-summary
Debt Equity

-0.27

stock-summary
Return on Equity

20.65%

stock-summary
Price to Book

2.23

Revenue and Profits (1 Year):
Net Sales:
1,847 Cr
(Quarterly Results - Dec 2024)
Net Profit:
221 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.96%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-30.32%
0.85%
-29.47%
1 Year
-12.11%
0.82%
-11.29%
2 Years
29.12%
4.00%
33.12%
3 Years
53.83%
8.75%
62.58%
4 Years
12.69%
8.04%
20.73%
5 Years
42.4%
12.14%
54.54%

Latest dividend: 12 per share ex-dividend date: Feb-03-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
17.11%
EBIT Growth (5y)
6.99%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.14
Tax Ratio
24.00%
Dividend Payout Ratio
41.37%
Pledged Shares
0
Institutional Holding
56.86%
ROCE (avg)
48.42%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
16
Price to Book Value
2.23
EV to EBIT
8.86
EV to EBITDA
6.90
EV to Capital Employed
2.67
EV to Sales
1.57
PEG Ratio
NA
Dividend Yield
0.96%
ROCE (Latest)
33.73%
ROE (Latest)
20.65%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 28 Schemes (10.27%)

FIIs

Held by 270 FIIs (25.75%)

Promoter with highest holding

Gail (india) Ltd (32.5%)

Highest Public shareholder

Governor Of Maharashtra (10%)

Individual Investors Holdings

8.7%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 17.76% vs -6.14% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -30.25% vs 84.33% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,847.41",
          "val2": "1,568.76",
          "chgp": "17.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "324.79",
          "val2": "448.69",
          "chgp": "-27.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.49",
          "val2": "2.72",
          "chgp": "28.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "221.24",
          "val2": "317.18",
          "chgp": "-30.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.58%",
          "val2": "28.60%",
          "chgp": "-11.02%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 6.19% vs 3.03% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -19.74% vs 102.45% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,301.25",
          "val2": "3,108.72",
          "chgp": "6.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "816.99",
          "val2": "1,000.15",
          "chgp": "-18.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.17",
          "val2": "4.98",
          "chgp": "23.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "567.33",
          "val2": "706.90",
          "chgp": "-19.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "24.75%",
          "val2": "32.17%",
          "chgp": "-7.42%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.15% vs -0.24% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -22.59% vs 96.47% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,058.83",
          "val2": "4,677.48",
          "chgp": "8.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,131.41",
          "val2": "1,448.84",
          "chgp": "-21.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.55",
          "val2": "7.70",
          "chgp": "24.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "792.70",
          "val2": "1,024.08",
          "chgp": "-22.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.37%",
          "val2": "30.97%",
          "chgp": "-8.60%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -0.87% vs 76.94% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 63.16% vs 32.35% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6,244.53",
          "val2": "6,299.28",
          "chgp": "-0.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,842.63",
          "val2": "1,184.19",
          "chgp": "55.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.53",
          "val2": "9.39",
          "chgp": "22.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1,289.07",
          "val2": "790.05",
          "chgp": "63.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.51%",
          "val2": "18.80%",
          "chgp": "10.71%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,847.41
1,568.76
17.76%
Operating Profit (PBDIT) excl Other Income
324.79
448.69
-27.61%
Interest
3.49
2.72
28.31%
Exceptional Items
0.00
0.00
Consolidate Net Profit
221.24
317.18
-30.25%
Operating Profit Margin (Excl OI)
17.58%
28.60%
-11.02%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 17.76% vs -6.14% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -30.25% vs 84.33% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
3,301.25
3,108.72
6.19%
Operating Profit (PBDIT) excl Other Income
816.99
1,000.15
-18.31%
Interest
6.17
4.98
23.90%
Exceptional Items
0.00
0.00
Standalone Net Profit
567.33
706.90
-19.74%
Operating Profit Margin (Excl OI)
24.75%
32.17%
-7.42%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 6.19% vs 3.03% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -19.74% vs 102.45% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
5,058.83
4,677.48
8.15%
Operating Profit (PBDIT) excl Other Income
1,131.41
1,448.84
-21.91%
Interest
9.55
7.70
24.03%
Exceptional Items
0.00
0.00
Standalone Net Profit
792.70
1,024.08
-22.59%
Operating Profit Margin (Excl OI)
22.37%
30.97%
-8.60%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 8.15% vs -0.24% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -22.59% vs 96.47% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
6,244.53
6,299.28
-0.87%
Operating Profit (PBDIT) excl Other Income
1,842.63
1,184.19
55.60%
Interest
11.53
9.39
22.79%
Exceptional Items
0.00
0.00
Standalone Net Profit
1,289.07
790.05
63.16%
Operating Profit Margin (Excl OI)
29.51%
18.80%
10.71%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -0.87% vs 76.94% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 63.16% vs 32.35% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Mahanagar Gas Ltd. stock-summary
stock-summary
Mahanagar Gas Ltd.
Mid Cap
Gas Transmission/Marketing
Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India. MGL is the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane urban and adjoining municipalities and the Raigad district in the state of Maharashtra, India. The company distributes CNG for use in motor vehicles and PNG for domestic household as well as for commercial and industrial use.
Company Coordinates stock-summary
Company Details
MGL House Block No G-33, Bandra-Kurla Complex Bandra(E) Mumbai Maharashtra : 400051
stock-summary
Tel: 91-22-66952941
stock-summary
www.mahanagargas.com
stock-summary
mgl.ipo@mahanagargas.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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