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MGL

Mahanagar Gas Share Price

 

 

Mahanagar Gas live price: ₹1080.8. It opened at ₹1,092 vs previous close ₹1,092; intraday high/low: ₹1,094/₹1,070. The 50 & 200 DMA stand at ₹1,085.79/₹1,157.73.

Mahanagar Gas Performance

  • Today's Low
  • ₹1,070
  • Today's High
  • ₹1,094
  • 52 Week Low
  • ₹900
  • 52 Week High
  • ₹1,587
  • Open Price₹1,092
  • Previous Close₹1,092
  • Volume106,792
  • 50 DMA₹1,085.79
  • 100 DMA₹1,102.22
  • 200 DMA₹1,157.73

Mahanagar Gas Chart

Investment Returns

  • Over 1 Month -4.83%
  • Over 3 Month -10.48%
  • Over 6 Month -8.65%
  • Over 1 Year -18.06%

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Mahanagar Gas Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 12.7
  • PEG Ratio
  • -0.7
  • Market Cap Cr
  • 10,676
  • P/B Ratio
  • 1.7
  • Average True Range
  • 36.17
  • EPS
  • 85.15
  • Dividend Yield
  • 2.8
  • MACD Signal
  • -1.54
  • RSI
  • 48.52
  • MFI
  • 46.89

Latest Stock News Updates

Mumbai CNG price hiked by 2 to 86/kg amid West Asia supply disruptions

MGL has increased CNG prices across the Mumbai Metropolitan Region for the second time this month amid rising energy costs and supply concerns linked to global market disruptions

CGD stocks MGL, IGL trade mixed after price hike; here's what analyst says

The CNG price hike announcement follows a sharp rise in wholesale inflation in April. As per data, the wholesale price inflation shot up to a 42-month high of 8.3 per cent.

Q4FY26 & FY26 Result Announced for Mahanagar Gas Ltd.

Non-Electrical company Mahanagar Gas announced Q4FY26 & FY26 results Standalone Financial Highlights: Revenue from operations for Q4FY26 was Rs 2,258.07 crore, representing a YoY growth of 5.00% compared to Rs 2,150.58 crore in Q4FY25 and a QoQ decline of 0.35% from Rs 2,265.97 crore in Q3FY26. Total Income for the quarter ended March 31, 2026, stood at Rs 2,287.06 crore, up by 4.32% YoY from Rs 2,192.40 crore and down 0.36% QoQ from Rs 2,295.38 crore. Profit Before Tax (PBT) for Q4FY26 was Rs 178.48 crore, marking a decrease of 47.13% YoY and 34.34% QoQ. Net Profit for Q4FY26 reached Rs 131.92 crore, showing a decline of 45.56% YoY compared to Rs 242.30 crore in Q4FY25 and a decline of 34.68% QoQ from Rs 201.97 crore in Q3FY26. For the full year FY26, standalone Revenue from Operations stood at Rs 9,059.77 crore, a YoY growth of 13.58% compared to Rs 7,976.42 crore in FY25. Standalone Net Profit for FY26 was Rs 846.82 crore, down by 18.67% from Rs 1,041.26 crore in FY25. The standalone Basic and Diluted Earnings Per Share (EPS) for FY26 was Rs 85.73 as against Rs 105.41 in FY25. Consolidated Financial Highlights: Revenue from operations for Q4FY26 was Rs 2,258.90 crore, a YoY increase of 4.95% from Rs 2,152.44 crore in Q4FY25 and a QoQ decrease of 0.40% from Rs 2,267.93 crore in Q3FY26. Total Income for Q4FY26 stood at Rs 2,288.00 crore, reflecting a 4.26% YoY growth and a 0.41% QoQ decline. Profit Before Tax (PBT) for the quarter was Rs 176.33 crore, representing a YoY decline of 47.64% from Rs 336.76 crore and a QoQ decline of 34.92% from Rs 270.96 crore. Net Profit for Q4FY26 reached Rs 129.62 crore, marking a YoY decrease of 46.30% compared to Rs 241.38 crore in Q4FY25 and a QoQ decrease of 35.54% from Rs 201.10 crore in Q3FY26. For the full year FY26, consolidated Revenue from Operations was Rs 9,065.26 crore, up 13.61% YoY from Rs 7,978.97 crore in FY25. Consolidated Net Profit for FY26 was Rs 840.55 crore, a YoY decline of 19.19% compared to Rs 1,040.15 crore in FY25. Business Highlights: Segment Performance: The Company and its subsidiaries operate in a single reportable business segment, which is the selling and distribution of natural gas. Dividend: The Board recommended a Final Dividend of Rs 18/- per equity share for FY26. Combined with the Interim Dividend of Rs 12/- per share, the total dividend for FY26 is Rs 30/- per equity share. Sales Volumes: Total Sales Volumes reached 1,673.43 SCM million, a YoY growth of 8.25%. CNG Sales Volumes were 1,192.55 SCM million, representing a 7.22% growth YoY. PNG Total Volumes stood at 480.88 SCM million, an increase of 10.88% YoY. Amalgamation: Unison Enviro Private Limited (UEPL), a wholly owned subsidiary, was amalgamated with the Company w.e.f February 01, 2024. Accordingly, comparative financial information for the period ended March 31, 2025, has been restated. Result PDF

Mahanagar Gas Financials

Mahanagar Gas Technicals

EMA & SMA

Current Price
₹1,080.80
-11.4 (-1.04%)
pointer
  • Bearish Moving Average 13
  • Bullish Moving Average 3
  • 20 Day
  • ₹1,087.01
  • 50 Day
  • ₹1,085.79
  • 100 Day
  • ₹1,102.22
  • 200 Day
  • ₹1,157.73

Resistance and Support

1081.73 Pivot Speed
  • R3 1,117.87
  • R2 1,106.13
  • R1 1,093.47
  • S1 1,069.07
  • S2 1,057.33
  • S3 1,044.67

Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Mahanagar Gas Ltd. (MGL) is one of India’s leading natural gas distribution companies, providing compressed natural gas (CNG) for vehicles and piped natural gas (PNG) for households, industries, and commercial establishments, primarily serving the Mumbai metropolitan region.

Mahanagar Gas has an operating revenue of Rs. 8,245.70 Cr. on a trailing 12-month basis. An annual revenue growth of 13% is good, Pre-tax margin of 14% is healthy, ROE of 13% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 42 which is a POOR score indicating inconsistency in earnings, a RS Rating of 32 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 65 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Mahanagar Gas Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2026-05-07 Audited Results & Final Dividend
2026-02-07 Quarterly Results & Interim Dividend
2025-10-29 Quarterly Results
2025-07-22 Quarterly Results
2025-05-06 Audited Results & Final Dividend
Date Purpose Remarks
2026-02-13 INTERIM Rs.12.00 per share(120%)Interim Dividend
2025-08-14 FINAL Rs.18.00 per share(180%)Final Dividend
2025-02-03 INTERIM Rs.12.00 per share(120%)Interim Dividend
2024-02-05 INTERIM Rs.12.00 per share(120%)Interim Dividend
2023-02-14 INTERIM Rs.10.00 per share(100%)Interim Dividend
View Mahanagar Gas Dividend History Arrow

Mahanagar Gas Shareholding Pattern

32.5%
8.82%
11.35%
24.13%
0%
10.43%
12.77%

About Mahanagar Gas

Mahanagar Gas Ltd. is a leading natural gas distribution company in India, primarily serving the Mumbai metropolitan area. Established in 1995, the company is responsible for the distribution of compressed natural gas (CNG) & piped natural gas (PNG) to residential, commercial, & industrial customers. Mahanagar Gas is known for its reliable & efficient distribution network, contributing to the promotion of cleaner & more sustainable energy solutions. The company's focus on expanding its customer base & enhancing service delivery has solidified its position as a key player in the Indian energy sector.

PNG Segment: The company provides commercial, industrial, & residential customers with piped natural gas, or PNG. Its extensive network of polyethylene & carbon steel pipeline spans more than 5,900 kilometres. With the ability to connect over 16 lakh clients in the domestic market, it currently has about 12.5 lakh domestic customers. Approximately 4,200 commercial & industrial clients are also served by it.

CNG Segment: Throughout Mumbai & the surrounding areas, the company operates a well-established network of over 270 CNG stations & 1,600+ distribution points. Currently, it provides CNG service to about 8 lakh clients within its service boundaries.

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  • NSE Symbol
  • MGL
  • BSE Symbol
  • 539957
  • Managing Director
  • Mr. Ashu Shinghal
  • ISIN
  • INE002S01010

Similar Stocks to Mahanagar Gas

Mahanagar Gas FAQs

Mahanagar Gas share price is ₹1,080 As on 04 June, 2026 | 05:43

The Market Cap of Mahanagar Gas is ₹10675.9 Cr As on 04 June, 2026 | 05:43

The P/E ratio of Mahanagar Gas is 12.7 As on 04 June, 2026 | 05:43

The PB ratio of Mahanagar Gas is 1.7 As on 04 June, 2026 | 05:43

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Q2FY23