Mahanagar Gas Limited (BOM:539957)
India · Delayed Price · Currency is INR | Market Cap | 110.06B -16.8% |
| Revenue (ttm) | 85.35B +11.1% |
| Net Income | 7.15B -33.1% |
| EPS | 72.43 -33.1% |
| Shares Out | n/a |
| PE Ratio | 15.38 |
| Forward PE | 13.52 |
| Dividend | 30.00 (2.64%) |
| Ex-Dividend Date | Aug 18, 2026 |
| Volume | 54,046 |
| Open | 1,144.40 |
| Previous Close | 1,136.20 |
| Day's Range | 1,111.10 - 1,144.40 |
| 52-Week Range | 902.00 - 1,377.05 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 1,309.67 (+17.51%) |
| Earnings Date | Jul 30, 2026 |
About Mahanagar Gas
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households, domestic households, and commercial establishments and industries used for cooking and water heating, as well as by hospitals, nursing homes, hotels, flight kitchens, restaurants, and places of worship. It also supplies compressed natural gas (CNG) and liquefied natural gas (LNG) to vehicles; and sells pipes and fittings required for construction of pipeline infrastructure. The company operates 518 ... [Read more]
Financial Performance
In fiscal year 2026, Mahanagar Gas's revenue was 82.46 billion, an increase of 13.52% compared to the previous year's 72.64 billion. Earnings were 8.41 billion, a decrease of -19.14%.
Financial StatementsAnalyst Summary
According to 30 analysts, the average rating for 539957 stock is "Buy." The 12-month stock price target is ₹1,310, which is an increase of 17.51% from the latest price.
News
Mahanagar Gas Transcript: Q1 26/27
EBITDA and net profit saw strong sequential growth, driven by higher CNG and domestic PNG volumes, despite industrial/commercial curtailments and volatile gas supply. CapEx is ramping up, with robust demand and stable margins expected long-term, though near-term risks persist.
Mahanagar Gas Quarterly report: Q1 2027
Mahanagar Gas has published its Q1 2027 quarterly earnings report on July 31, 2026.
Mahanagar Gas Slides: Q1 2027
Mahanagar Gas has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on July 31, 2026.
Earnings To Watch: Mahanagar Gas Ltd (NSE:MGL) Q1 2027 -- GF Value Sees 59% Upside
Earnings To Watch: Mahanagar Gas Ltd (NSE:MGL) Q1 2027 -- GF Value Sees 59% Upside
Mahanagar Gas ties up with India Power for doorstep gas meter reading in Mumbai
Mahanagar Gas partners with India Post to provide doorstep PNG gas meter readings in Mumbai, starting with a South Mumbai pilot using an app and photo proof.
Energy sector stocks today, July 6: K.P. Energy falls 2.55%, Suzlon Energy down 2.23%, Mahanagar Gas gains 1.36%,
The Indian energy sector showed mixed movement on July 6, 2026, during morning trade. The S&P BSE Energy index stood at 11,448.91, up 0.82%. Broader market benchmarks also traded positively,…
Bus ferrying schoolchildren gets stuck in ‘improperly’ backfilled trench dug up by MGL in Taloja
Navi Mumbai: A private bus ferrying schoolchildren got stuck in a rainwater-filled, dug-up road that was not asphalted by the Mahanagar Gas Ltd (MGL) .
Energy sector stocks today, June 24: Confidence Petroleum rises 4.58%, HPCL up 1.53%, Mahanagar Gas down 2.23%
Energy sector stocks traded mixed on June 24, 2026, during the mid-morning session. The Nifty 50 was up 0.69% at 23,987.55 and the Sensex gained 0.84% to 76,843.04. The S&P…
Energy sector stocks today, June 22: Reliance Industries gains 2.35%, Mahanagar Gas up 2.53%, Gujarat Gas falls 2.11%
Energy stocks traded broadly in positive territory during the late-morning session on June 22, 2026, with most stocks posting gains. The broader market was also positive, with the Nifty 50…
Energy sector stocks today, June 16: Suzlon Energy rises 3.80%, Reliance Industries up 1.40%, Mahanagar Gas jumps 1.73%
Energy sector stocks traded mixed on June 16, 2026, during the mid-morning session. The Nifty 50 was up 0.32% at 23,929.65 and the Sensex gained 0.43% to 76,591.62. The S&P…
Energy sector stocks today, June 5: Indraprastha Gas gains 1.82%, Asian Energy up 2%, Mahanagar Gas up 1.55%
Energy stocks traded mixed on June 5, 2026, during the afternoon session, with gains and losses spread fairly evenly across the sector. The broader market was stable, with the Nifty…
MGL pipeline leak reported in Mumbai’s Dadar area, no injuries
A gas pipeline belonging to Mahanagar Gas Limited (MGL) experienced a leakage in Mumbai's Dadar area on Friday evening. Fortunately, no fire or injuries were reported. Authorities, including the Fire ...
Mahanagar Gas scraps all customer subsidies with immediate effect as West Asia war deepens energy crisis
Mahanagar Gas Limited has announced the withdrawal of all customer support schemes and subsidies with immediate effect, citing deepening geopolitical tensions as the energy crisis triggered by the Wes...
Mahanagar Gas to hold mega piped cooking gas registration camp in Sion
Mahanagar Gas (MGL) to host Mega PNG registration camp in Sion on Sunday, 11am–6pm at Mumbai Public School, offering on-the-spot help and documentation.
Mahanagar Gas hikes CNG price by Rs 2 per kg in Mumbai Metropolitan Region from May 14
Mahanagar Gas Limited has increased compressed natural gas prices across the Mumbai Metropolitan Region by Rs 2 per kg, taking the revised retail price to Rs 84 per kg from…
Energy Stocks Today, May 11: Mahanagar Gas falls 5.04%, Confidence Petroleum jumps 4.75%, MRPL down 4.57%
Indian energy stocks traded mostly in the red on May 11 2026 during the afternoon session. The BSE Energy index declined 1.33% to 11,722.25, underperforming the broader market. The Nifty…
Mahanagar Gas Transcript: Q4 25/26
Q4 FY26 saw strong volume growth and infrastructure expansion, but net profit and EBITDA declined year-over-year due to supply disruptions and higher gas costs. Regulatory easing and government mandates are expected to drive double-digit volume growth, though margin outlook remains uncertain.
Mahanagar Gas Quarterly report: Q4 2026
Mahanagar Gas has published its Q4 2026 quarterly earnings report on May 8, 2026.
Mahanagar Gas Slides: Q4 2026
Mahanagar Gas has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 8, 2026.
Why are Mahanagar Gas share price falling 2.17% on May 8?
Shares of Mahanagar Gas Limited fell 2.17% or ₹25.60 to ₹1,154.20 on the NSE on May 8, as investors reacted negatively to a steep decline in the city gas distributor's…
Mahanagar Gas Q4 FY26: Net profit crashes 47% to ₹129.94 crore despite 4.5% revenue growth
Mahanagar Gas Limited reported a sharp decline in profitability for the quarter ended March 2026, with consolidated net profit falling 47.40% year-on-year to ₹129.94 crore from ₹247.04 crore in Q4…
Mahanagar Gas Q4 Results: Net profit falls 35.4% QoQ to Rs 130 crore, revenue slightly declines
Mahanagar Gas Ltd (MGL) reported a weak set of Q4 FY26 earnings, with profitability and operating margins declining sharply on a quarter-on-quarter (QoQ) basis due to pressure on operating performance...
Maharashtra: 60-year-old duped of Rs 3.1 lakh in ‘Mahanagar Gas’ bill online fraud
Thane: A 60-year-old resident of Dhokali was allegedly duped of over Rs 3.1 lakh by fraudsters posing as officials of Mahanagar Gas Limited. An FIR wa.
Energy sector stocks fall today, April 30: MRPL down 3%, Suzlon Energy falls 2.87%, Mahanagar Gas declines 2.58%
India's energy sector opened lower on April 30, 2026, with almost all tracked stocks trading in negative territory in morning trade. The S&P BSE Energy index fell 1.35% to 11,905.42,…
"Gas Connection Will Be Cut Tonight": How Mumbaikars Were Duped Amid Mideast Crisis
The Mahanagar Gas Limited (MGL) customers said the scammers sent them messages to pay their pending bills.