Mahanagar Gas Limited (NSE:MGL)

India flag India · Delayed Price · Currency is INR
1,052.50
-1.30 (-0.12%)
May 22, 2026, 3:29 PM IST
Market Cap104.19B -24.9%
Revenue (ttm)82.46B +13.5%
Net Income8.41B -19.2%
EPS85.15 -19.2%
Shares Out98.78M
PE Ratio12.39
Forward PE13.92
Dividend30.00 (2.84%)
Ex-Dividend DateFeb 13, 2026
Volume139,757
Average Volume205,469
Open1,062.10
Previous Close1,053.80
Day's Range1,036.70 - 1,062.10
52-Week Range900.00 - 1,586.90
Beta0.78
RSI43.06
Earnings DateMay 7, 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 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 -19.17%.

Financial Statements

News

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.

9 days ago - The Times of India

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…

10 days ago - Business Upturn

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…

13 days ago - Business Upturn

Mahanagar Gas Transcript: Q4 25/26

Q4 FY26 saw robust infrastructure growth and 6% YoY volume increase, but net profit and EBITDA declined due to LNG supply disruptions and higher costs. Regulatory easing and LPG shortages are expected to drive double-digit volume growth, though margin pressures persist.

16 days ago - Transcripts

Mahanagar Gas Quarterly report: Q4 2026

Mahanagar Gas has published its Q4 2026 quarterly earnings report on May 8, 2026.

16 days ago - Filings

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.

16 days ago - Filings

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.

16 days ago - Transcripts

Mahanagar Gas Quarterly report: Q4 2026

Mahanagar Gas has published its Q4 2026 quarterly earnings report on May 8, 2026.

16 days ago - Filings

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.

16 days ago - Filings

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…

16 days ago - Business Upturn

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…

16 days ago - Business Upturn

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...

17 days ago - Business Upturn

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.

23 days ago - The Times of India

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,…

24 days ago - Business Upturn

"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.

4 weeks ago - NDTV

Piped gas scams: 2.7cr lost to ‘APK file’ download in 30 days

Mumbai: In just 30 days amid the ongoing West Asia crisis and fears of LPG shortage, cyber fraudsters targeted Mahanagar Gas Ltd (MGL) piped gas consu.

4 weeks ago - The Times of India

Mahanagar Gas Shares Jump 2.05% as Government Panel Recommends CNG Excise Duty Removal, Natural Gas Under GST

Shares of Mahanagar Gas Limited surged 2.05% to ₹1,114.10 on the NSE as of 9:30 AM IST on Friday, adding ₹22.40 from the previous close of ₹1,091.70, after Business Standard…

5 weeks ago - Business Upturn

CNG price hiked to Rs 82 per Kg in Mumbai; piped cooking gas rate remains unchanged

Mumbai: Compressed natural gas (CNG) has become costlier across the Mumbai Metropolitan Region (MMR) from Sunday, with Mahanagar Gas Limited (MGL) hik.

6 weeks ago - The Times of India

Mumbai autorickshaw drivers urge MGL to address low CNG pressure in western suburbs

Mumbai: The autorickshaw drivers in the ctiy have urged the Mahanagar Gas Limited to address low CNG pressure at outlets in the western suburbs betwee.

7 weeks ago - The Times of India

Energy sector stocks up today, March 25: Suzlon Energy surge 4%, Petronet LNG up 3.49%, Mahanagar Gas rises 3.78%

Several energy stocks traded higher during the morning session on March 25, 2026, contributing to gains in the broader energy sector. The S&P BSE Energy index stood at 11,319.50, up…

2 months ago - Business Upturn

57-year-old auto-rickshaw driver from Maharashtra loses Rs 1 lakh to fake Mahanagar Gas officials

Thane: A 57-year-old auto-rickshaw driver from Naupada lost Rs 1 lakh to cyber fraudsters who posed as Mahanagar Gas representatives and tricked him i.

2 months ago - The Times of India

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.

2 months 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 ...

2 months 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…

2 months 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…

2 months ago - Business Upturn