Mahanagar Gas Limited (BOM:539957)
India flag India · Delayed Price · Currency is INR
1,091.50
-8.65 (-0.79%)
At close: Jul 20, 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 ₹1,301. The average 1-year stock price forecast is 19.16% higher than the current stock price, while the lowest is ₹1,020 (-6.55%) and the highest is ₹1,822 (+66.93%).

Price Target: ₹1,301 (+19.16%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,020₹1,301₹1,305₹1,822
Change-6.55%+19.16%+19.56%+66.93%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy161515131414
Buy777999
Hold444444
Sell111111
Strong Sell222222
Total302929293030

Financial Forecast

Revenue This Year
92.43B
from 82.46B
Increased by 12.10%
Revenue Next Year
100.39B
from 92.43B
Increased by 8.61%
EPS This Year
73.46
from 85.15
Decreased by -13.73%
EPS Next Year
93.31
from 73.46
Increased by 27.02%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
35.60B62.99B62.90B72.64B82.46B92.43B
Revenue Growth
65.40%76.94%-0.15%15.48%13.52%12.10%
Gross Profit
15.15B18.64B26.41B25.83B26.10B25.05B
Gross Margin
42.55%29.59%41.99%35.56%31.65%27.10%
Operating Income
7.37B9.58B15.73B12.22B10.41B8.62B
Net Income
5.97B7.90B12.85B10.41B8.41B7.26B
EPS
----85.1573.46
EPS Growth
-----19.16%-13.73%
Forward PE
-----14.86
Dividend / Share
25.0026.0030.0030.0030.0025.80
Dividend Growth
-4.00%15.38%---14.01%
Free Cash Flow
1.88B1.66B6.11B-89.03M-1.13B5.42B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High101.1B
Avg92.4B
Low74.1B

Revenue Growth

Revenue Growth202720282029
High
22.6%
Avg
12.1%
Low
-10.1%

EPS Forecast

EPS202720282029
High91.80
Avg73.46
Low54.80

EPS Growth

EPS Growth202720282029
High
7.8%
Avg
-13.7%
Low
-35.6%