Why is Mahanagar Gas Ltd. ?
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
- PBT LESS OI(Q) At Rs 230.23 cr has Fallen at -39.04 %
- PAT(Q) At Rs 221.24 cr has Fallen at -30.2 %
- PBDIT(Q) Lowest at Rs 324.79 cr.
3
Stock is technically in a Mildly Bearish range
- The technical trend has deteriorated from Mildly Bullish on 01-Apr-25 and has generated -8% returns since then
- A key technical factor - Bollinger Band has been Bearish since 01 Apr 2025
4
Underperformed the market in the last 1 year
- Even though the market (BSE 500) generated negative returns of -1.04% in the last 1 year, its fall in the stock was much higher with a return of -12.59%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gas Transmission/Marketing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Mahanagar Gas for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Mahanagar Gas
-12.11%
-0.31
40.43%
SENSEX
0.45%
0.03
14.48%
Quality key factors
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%
Loading Valuation Snapshot...
Technical 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
Technical Movement
7What is working for the Company
NET SALES(Q)
Highest at Rs 1,847.41 cr
-15What is not working for the Company
PBT LESS OI(Q)
At Rs 230.23 cr has Fallen at -39.04 %
PAT(Q)
At Rs 221.24 cr has Fallen at -30.2 %
PBDIT(Q)
Lowest at Rs 324.79 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 17.58%
EPS(Q)
Lowest at Rs 22.40
Loading Valuation Snapshot...
Here's what is working for Mahanagar Gas
Net Sales - Quarterly
Highest at Rs 1,847.41 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Here's what is not working for Mahanagar Gas
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 230.23 cr has Fallen at -39.04 %
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 221.24 cr has Fallen at -30.2 %
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 324.79 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 17.58%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 230.23 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 22.40
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)