Mahanagar Gas Limited
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 to transport sector. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. Further, the company supplies liquefied natural gas to heavy motor vehicles. The company operates 385 CNG filling stations with 2,399 dispensing points; 652 kilometers of steel pipeline; and 6887 kilometers of poly-ethylene pipeline. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 16.0%
Concerns1
- Net profit declined 18.9% year-over-year
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ6.92 K Cr | β | βΉ1.04 K Cr | β | β | 17.7% | 10.9% | -18.9% |
| Mar 2024 | βΉ6.25 K Cr | β | βΉ1.29 K Cr | β | β | 25.1% | -0.9% | 63.2% |
| Mar 2023 | βΉ6.30 K Cr | β | βΉ790.00 Cr | β | β | 19.1% | 76.9% | 32.3% |
| Mar 2022 | βΉ3.56 K Cr | β | βΉ597.00 Cr | β | β | 16.6% | 65.4% | -3.7% |
| Mar 2021 | βΉ2.15 K Cr | β | βΉ620.00 Cr | β | β | 19.2% | -27.6% | -21.9% |
| Mar 2020 | βΉ2.97 K Cr | β | βΉ794.00 Cr | β | β | 26.9% | 6.5% | 45.4% |
| Mar 2019 | βΉ2.79 K Cr | β | βΉ546.00 Cr | β | β | 22.8% | 25.0% | 14.2% |
| Mar 2018 | βΉ2.23 K Cr | β | βΉ478.00 Cr | β | β | 22.8% | 9.8% | 21.6% |
| Mar 2017 | βΉ2.03 K Cr | β | βΉ393.00 Cr | β | β | 21.4% | -2.1% | 26.4% |
| Mar 2016 | βΉ2.08 K Cr | β | βΉ311.00 Cr | β | β | 18.0% | -0.8% | 3.3% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 7,753 |
| Total Expenses | 6,222 |
| EBIT / Operating Profit | 1,531 |
| OPM % | 20% |
| Other Income | 154 |
| Finance Costs | 17 |
| Depreciation & Amortisation | 361 |
| Profit Before Tax | 1,308 |
| Tax % | - |
| Net Profit / PAT | 990 |
| EPS (βΉ) | 100.28 |
| Dividend Payout % | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Mahanagar Gas Limitedthis co. | βΉ10.51 K Cr | βΉ6.92 K Cr | 10.60 | 1.69 | 5.15 | 10.9% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |