Mahanagar Gas Limited (BOM:539957)
India flag India · Delayed Price · Currency is INR
1,041.40
+1.50 (0.14%)
At close: Oct 7, 2026

Mahanagar Gas Stock Forecast

Stock Price Forecast

According to 30 analysts polled by S&P Global, Mahanagar Gas stock has a consensus rating of "Buy" and an average price target of ₹1,306. The average 1-year stock price forecast is 25.36% higher than the current stock price, while the lowest is ₹1,005 (-3.50%) and the highest is ₹1,694 (+62.67%).

Price Target: ₹1,306 (+25.36%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,005₹1,306₹1,322₹1,694
Change-3.50%+25.36%+26.94%+62.67%

Analyst Ratings

The average analyst rating for Mahanagar Gas stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy131415161616
Buy999888
Hold443333
Sell111222
Strong Sell222111
Total293030303030

Financial Forecast

Revenue This Year
95.65B
from 82.46B
Increased by 16.00%
Revenue Next Year
102.49B
from 95.65B
Increased by 7.15%
EPS This Year
79.33
from 85.73
Decreased by -7.47%
EPS Next Year
93.63
from 79.33
Increased by 18.03%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
35.60B62.99B62.90B72.64B82.46B95.65B
Revenue Growth
65.40%76.94%-0.15%15.48%13.52%16.00%
Gross Profit
15.15B18.64B26.41B24.43B24.53B26.16B
Gross Margin
42.55%29.59%41.99%33.63%29.74%27.35%
Operating Income
7.37B9.58B15.73B12.22B10.43B9.15B
Net Income
5.97B7.90B12.85B10.40B8.41B7.89B
EPS
----85.7379.33
EPS Growth
-----18.61%-7.47%
Forward PE
-----13.13
Dividend / Share
25.0026.0030.0030.0030.0026.79
Dividend Growth
8.70%4.00%15.38%---10.71%
Free Cash Flow
----856.90M2.07B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High103.2B
Avg95.7B
Low86.4B

Revenue Growth

Revenue Growth202720282029
High
25.2%
Avg
16.0%
Low
4.8%

EPS Forecast

EPS202720282029
High93.00
Avg79.33
Low65.20

EPS Growth

EPS Growth202720282029
High
8.5%
Avg
-7.5%
Low
-23.9%