Mahanagar Gas Limited (NSE:MGL)

India flag India · Delayed Price · Currency is INR
1,000.40
-15.70 (-1.55%)
At close: Mar 18, 2026
Market Cap98.82B -24.2%
Revenue (ttm)81.58B +18.0%
Net Income9.53B -8.9%
EPS96.47 -8.9%
Shares Out98.78M
PE Ratio10.37
Forward PE12.98
Dividend30.00 (2.95%)
Ex-Dividend DateFeb 13, 2026
Volume978,794
Average Volume458,335
Open1,016.10
Previous Close1,016.10
Day's Range988.00 - 1,019.80
52-Week Range988.00 - 1,586.90
Beta0.50
RSI31.60
Earnings DateMay 6, 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 for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas t... [Read more]

Sector Utilities
Founded 1995
Employees 579
Stock Exchange National Stock Exchange of India
Ticker Symbol MGL
Full Company Profile

Financial Performance

In fiscal year 2025, Mahanagar Gas's revenue was 72.64 billion, an increase of 15.48% compared to the previous year's 62.90 billion. Earnings were 10.41 billion, a decrease of -19.00%.

Financial Statements

News

LPG shortage: 20% commercial piped gas cut hits hotels, food chains in Mumbai

MUMBAI: The city's hospitality and food supply chains are feeling the heat as Mahanagar Gas Ltd's partial curtailment of 20% of piped gas to commercia.

3 days ago - The Times of India

Mahanagar Gas faces supply cuts due to geopolitical tensions

Mahanagar Gas Limited has announced a reduction in gas supplies to its Industrial and Commercial (I&C) customers due to geopolitical developments affecting global energy markets. The company reported ...

7 days ago - Business Upturn

Mahanagar Gas to acquire 26% stake in FPEL Reliant Energy

Mahanagar Gas has announced its decision to acquire a 26% equity stake in FPEL Reliant Energy Private Limited for a cash consideration of up to ₹389 lakh. This acquisition is…

9 days ago - Business Upturn

Energy sector stocks down today, March 4: Petronet LNG falls 8.96%, Mahanagar Gas down 6.72%, GAIL drops 5.37%

The energy sector stocks in India traded lower on March 4, 2026, in early morning sessions, aligning with broader market declines. Data as of approximately 9:52 AM IST (BSE) and…

14 days ago - Business Upturn

Navi Mumbai woman falls prey to PNG bill fraud, loses Rs 4.6 lakh

Navi Mumbai: A 54-year-old woman from Kharghar lost Rs 4.6 lakh in a gas bill scam by cyber fraudsters posing as officials from Mahanagar Gas Ltd (MGL.

19 days ago - The Times of India

Fake gas company officials cheat woman from Navi Mumbai of Rs 5 crore in bill update fraud

Navi Mumbai: A 54-year-old woman from Kharghar lost Rs 4.6 lakh in a gas bill scam by cyber fraudsters posing as officials from Mahanagar Gas Ltd (MGL.

19 days ago - The Times of India

Energy sector stocks, Feb 23: ONGC falls 2.21%, Gujarat Gas down 2.28%, Mahanagar Gas up 1.84%, Oil India drops 1.54%

Indian energy sector stocks showed mixed movements. The broader market indices were positive, with the S&P BSE SENSEX at 83,080.30...

23 days ago - Business Upturn

Mahanagar Gas Ltd (BOM:539957) Q3 2026 Earnings Call Highlights: Strong Domestic Growth Amidst ...

Mahanagar Gas Ltd (BOM:539957) Q3 2026 Earnings Call Highlights: Strong Domestic Growth Amidst External Challenges

4 weeks ago - GuruFocus

Q3 2026 Mahanagar Gas Ltd Earnings Call Transcript

Q3 2026 Mahanagar Gas Ltd Earnings Call Transcript

4 weeks ago - GuruFocus

Top Q3 results today, Feb 7: SBI, Mahanagar Gas, GICRE and more to announce earnings

More than 100 listed companies are scheduled to announce their Q3FY26 financial results today, February 7, making it one of...

5 weeks ago - Business Upturn

Mahanagar Gas Ltd (NSE:MGL) Q3 2026 Earnings Report Preview: What to Expect

Mahanagar Gas Ltd (NSE:MGL) Q3 2026 Earnings Report Preview: What to Expect

5 weeks ago - GuruFocus

Energy sector stocks today, Feb 6: Mahanagar Gas jumps 4.62%, Deep Industries falls 3.53%, MRPL up 1.23%

The Indian energy sector stocks showed mixed performance on February 6, 2026, as of around 11:11 AM IST. The broader...

5 weeks ago - Business Upturn

Navi Mumbai: Retired govt employee duped of Rs 10L in MGL bill scam

Navi Mumbai: Cyber fraudsters targeting PNG consumers of Mahanagar Gas Limited (MGL) by sending messages that the gas connection will be disconnected .

7 weeks ago - The Times of India

Energy sector stocks today, Jan 23: Inox Green falls 4.16%, Petronet LNG up 1.87%, Mahanagar Gas down nearly 3%

The Indian energy sector stocks showed mixed performance as of 11:05 AM on January 23, 2026. The S&P BSE Energy...

7 weeks ago - Business Upturn

Thane municipal corporation announces urgent water cut after pipeline damage

Thane Municipal Corporation has imposed a 50% water cut for three days due to damage to a main supply line caused by Mahanagar Gas Ltd's excavation work. This marks the second incident this week, forc...

3 months ago - The Times of India

Mahanagar Gas Ltd tackled CNG crisis in Mumbai with support from Gujarat Gas and alternative supply measures, says managing director

Mumbai: During the CNG crisis between Sunday and Tuesday, Mahanagar Gas Limited (MGL) secured additional gas from Gujarat Gas and kept its four other .

4 months ago - The Times of India

Mumbai: MGL pipeline ruptured during road work; causes inconvenience to several residents of Bandra West

Mumbai: A Mahanagar Gas Ltd (MGL) gas pipeline was damaged by a private contractor near 30th Road,Bandra (West), resulting in stoppage of cooking gas .

4 months ago - The Times of India

Mahanagar Gas Ltd (BOM:539957) Q2 2026 Earnings Call Highlights: Navigating Growth Amidst Cost ...

Mahanagar Gas Ltd (BOM:539957) Q2 2026 Earnings Call Highlights: Navigating Growth Amidst Cost Challenges

4 months ago - GuruFocus

Q2 2026 Mahanagar Gas Ltd Earnings Call Transcript

Q2 2026 Mahanagar Gas Ltd Earnings Call Transcript

4 months ago - GuruFocus

Mahanagar Gas shares slip nearly 2% after Q2 FY26 profit drops over 33% YoY

Shares of Mahanagar Gas Ltd declined on Thursday, October 30, trading 1.78% lower at Rs 1,272.50 after the company reported...

4 months ago - Business Upturn

Mahanagar Gas Ltd (NSE:MGL) Q2 2026 Earnings Report Preview: What To Expect

Mahanagar Gas Ltd (NSE:MGL) Q2 2026 Earnings Report Preview: What To Expect

5 months ago - GuruFocus

Mahanagar Gas shares rally over 3% after signing MoU with Oil India

Mahanagar Gas Limited (MGL) shares surged over 3% on October 7, 2025, after the company signed a strategic Memorandum of...

5 months ago - Business Upturn

Oil India and Mahanagar Gas sign MoU to explore collaboration in LNG and clean energy

Oil India Limited (OIL), a Maharatna PSU with a strong presence across the oil and gas value chain, has signed...

5 months ago - Business Upturn

ONGC plant fire: CNG availability may be impacted in Mumbai, says MGL; PNG supply prioritised

MUMBAI, Sep 8 — A fire at ONGC’s Uran gas processing plant in Navi Mumbai has disrupted gas supply, raising concerns over CNG availability across the city. Mahanagar Gas Limited (MGL) confirmed that t...

6 months ago - Business Upturn

Mahanagar Gas Q1 Results: Net profit jumps 28.7% QoQ to Rs 324.3 crore, revenue up 6% QoQ

Mahanagar Gas Limited (MGL) has reported a strong set of numbers for the first quarter of FY26, showing solid growth across all key financial metrics on a quarter-on-quarter (QoQ) basis. The company’s...

8 months ago - Business Upturn