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Mahanagar Gas Ltd

NSE :MGL   BSE :539957  Sector : Gas Distribution
Buy, Sell or Hold MGL? Ask The Analyst

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Today's low / high

52 WK low / high

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19 Nov
1126.05
(-0.35%)
18 Nov
1130.00
(-13.91%)
14 Nov
1312.65
(-1.28%)
13 Nov
1329.65
(-2.96%)
12 Nov
1370.20
(-2.23%)
11 Nov
1401.50
(-1.42%)
08 Nov
1421.65
(-1.11%)
07 Nov
1437.65
(0.21%)
06 Nov
1434.70
(4.00%)
05 Nov
1379.55
(-0.59%)
04 Nov
1387.80
(-4.03%)
01 Nov
1446.05
(0.31%)
31 Oct
1441.60
(-0.02%)
30 Oct
1441.90
(1.12%)
29 Oct
1425.95
(0.72%)
28 Oct
1415.70
(-5.45%)
25 Oct
1497.25
(-2.96%)
24 Oct
1542.95
(-2.32%)
23 Oct
1579.55
(3.11%)
22 Oct
1531.85
(-2.22%)
21 Oct
1566.55
(-0.99%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Very Bearish
Medium Term Investors

Very Bearish
Long Term Investors

Neutral

Moving Averages

5 DMA
Bearish

1253.47

10 DMA
Bearish

1334.01

20 DMA
Bearish

1402.53

50 DMA
Bearish

1671.34

100 DMA
Bearish

1719.65

200 DMA
Bearish

1562.48


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Nov 19, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 1177.7 1161.75 1135.35 - -
R2 1161.75 1148.84 1132.25 1161.28 -
R1 1143.9 1140.86 1129.15 1142.96 1152.83
P 1127.95 1127.95 1127.95 1127.48 1132.41
S1 1110.1 1115.04 1122.95 1109.16 1119.03
S2 1094.15 1107.06 1119.85 1093.68 -
S3 1076.3 1094.15 1116.76 - -

Key Metrics

EPS

116.37

P/E

9.68

P/B

2.01

Dividend Yield

2.66%

Market Cap

11,123 Cr.

Face Value

10

Book Value

560.23

ROE

27.55%

EBITDA Growth

459.35 Cr.

Debt/Equity

0.03

Shareholding Pattern

  32.5% Total Promoter Holding
5.13% Mutual Fund Holdings
34.2% FIIs
7.84% Non Institution
10.09% Insurance Companies
0% Custodians
10.24% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Mahanagar Gas Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 1614.64 1616.83 1656.74 1701.41 1833.18
PROFIT 338.5 317.18 252.26 288.78 283.51
EPS 34.27 32.11 25.54 29.23 28.7

Mahanagar Gas Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 1614.64 1616.83 1611.62 1629.79 1762.77
PROFIT 338.5 317.18 264.99 284.53 282.8
EPS 34.27 32.11 26.83 28.8 28.63

Profit & Loss (Figures in Rs. Crores)


Mahanagar Gas Ltd Profit & Loss


Mar 2023Mar 2024
INCOME 6411.95 6464.8
PROFIT 790.05 1276.37
EPS 79.98 129.21

Mahanagar Gas Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 2135.72 2125.41 2086.59 2290.74 2868.88 3071.03 2232.94 3646.31 6411.95 6419.66
PROFIT 299.42 310.89 393.43 477.87 546.39 793.51 619.58 596.95 790.05 1289.07
EPS 30.13 31.23 39.83 48.38 55.31 80.33 62.72 60.43 79.98 130.5

Balance Sheet (Figures in Rs. Crores)

Mar 2024Mar 2023
SOURCES OF FUNDS :
Share Capital 98.7898.78
Reserves Total 5,031.434,035.44
Total Shareholders Funds5,130.214,134.22
Minority Interest4.90
Unsecured Loans 141.43114.61
Total Debt141.43114.61
Other Liabilities48.1634.48
Total Liabilities5,324.74,283.31
APPLICATION OF FUNDS :
Gross Block 5,804.114,183.49
Less: Accumulated Depreciation1,438.191,157.79
Net Block4,365.923,025.7
Capital Work in Progress823.39708.62
Investments 1,068.761,309.82
Inventories 42.0733.84
Sundry Debtors 296.49294.03
Cash and Bank Balance426.12227.87
Loans and Advances 124.16140.66
Total Current Assets888.84696.4
Current Liabilities 1,658.921,521.09
Provisions 17.2619.31
Total Current Liabilities & Provisions1,676.181,540.4
Net Current Assets-787.34-844
Deferred Tax Assets61.2749.52
Deferred Tax Liability441.68258.12
Net Deferred Tax-380.41-208.6
Other Assets234.38291.77
Total Assets5,324.74,283.31
Contingent Liabilities958.15429.79
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 98.7898.7898.7898.7898.7898.7898.7898.7889.3489.34
Reserves Total 5,044.094,035.443,498.533,133.592,853.892,300.091,996.571,741.261,639.091,318.12
Total Shareholders Funds5,142.874,134.223,597.313,232.372,952.672,398.872,095.351,840.041,728.431,407.46
Unsecured Loans 139.26114.61102.9874.166.6101.22.74.9815.59
Total Debt139.26114.61102.9874.166.6101.22.74.9815.59
Other Liabilities52.9534.4826.6623.2718.9716.1215.6114.211.647.9
Total Liabilities5,335.084,283.313,726.953,329.743,038.252,414.992,112.161,856.941,745.051,430.95
APPLICATION OF FUNDS :
Gross Block 4,970.924,183.493,546.252,910.872,598.72,1741,818.731,481.741,211.241,671.45
Less : Accumulated Depreciation 1,427.961,157.79932.52741.56549.51410.59286.78176.9982.49607.44
Net Block 3,542.963,025.72,613.732,169.312,049.191,763.411,531.951,304.751,128.751,064.01
Capital Work in Progress774.29708.62615.94560.32486.53369.69356.62411.53428.87379.62
Investments 1,635.961,309.821,088.281,024.981,121.47654.02687.68466.67393.4371.47
Inventories 39.8433.8427.4922.1618.5719.122423.7618.0317.36
Sundry Debtors 280.61294.03184.04127.5268.4399.5388.4794.5492.3396.23
Cash and Bank Balance398.47227.87465.17511.86229.47298.8491.88136.11175.03144.92
Loans and Advances 123.31140.6680.1367.7967.26102.5983.4773.5160.2660.57
Total Current Assets842.23696.4756.83729.33383.73520.08287.82327.92345.64319.07
Current Liabilities 1,629.761,521.091,293.341,083.56918.21813.5717.31621.87492.9434.65
Provisions 17.0719.3112.7110.5910.97.695.957.8212.58197.27
Total Current Liabilities & Provisions1,646.831,540.41,306.051,094.15929.11821.19723.26629.69505.48631.93
Net Current Assets-804.6-844-549.22-364.82-545.38-301.11-435.44-301.76-159.84-312.85
Deferred Tax Assets56.2349.5241.0431.5629.029.89.88.956.86.62
Deferred Tax Liability300.31258.12241.84208.81189.69214.64184.63146.57126.75109.33
Net Deferred Tax-244.08-208.6-200.8-177.25-160.67-204.84-174.83-137.62-119.95-102.71
Other Assets430.55291.77159.02117.287.1133.83146.16113.3873.8331.42
Total Assets5,335.084,283.313,726.953,329.753,038.242,4152,112.141,856.951,745.051,430.96
Contingent Liabilities958.15429.7934.9435.8925.6625.19169.98316.37281.95253.22

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...1,721.6
Depreciation283.87
Interest (Net)-24.21
P/L on Sales of Invest-73.24
Prov. and W/O (Net)19.99
P/L in Forex-29.87
Total Adjustments (PBT and Ext...176.54
Operating Profit before Workin...1,898.14
Trade and 0ther Receivables11.92
Inventories-5.69
Trade Payables19.27
Change in Deposits121.27
Total Adjustments (OP before W...93.96
Cash Generated from/(used in) ...1,992.1
Direct Taxes Paid-424.24
Total Adjustments(Cash Generat...-424.24
Cash Flow before Extraordinary...1,567.86
Net Cash from Operating Activi...1,567.86
Purchased of Fixed Assets-783.35
Sale of Fixed Assets1.04
Purchase of Investments-7,154.12
Sale of Investments6,910.36
Interest Received50.78
Net Cash used in Investing Act...-1,057.15
Proceeds from Issue of shares ...10
Of the Long Tem Borrowings-194.79
Of Financial Liabilities-34.97
Dividend Paid-276.59
Interest Paid-2.89
Net Cash used in Financing Act...-499.24
Net Profit before Tax and Extr...1,732.76
Depreciation273.64
Interest (Net)-26.89
P/L on Sales of Invest-73.24
Prov. and W/O (Net)20.01
P/L in Forex-29.87
Total Adjustments (PBT and Ext...163.65
Operating Profit before Workin...1,896.41
Trade and 0ther Receivables12.35
Inventories-6
Trade Payables11.98
Change in Deposits121.27
Total Adjustments (OP before W...90.66
Cash Generated from/(used in) ...1,987.07
Direct Taxes Paid-423.97
Total Adjustments(Cash Generat...-423.97
Cash Flow before Extraordinary...1,563.1
Net Cash from Operating Activi...1,563.1
Purchased of Fixed Assets-770.86
Sale of Fixed Assets1.04
Purchase of Investments-7,150.62
Sale of Investments6,910.36
Interest Received50.65
Net Cash used in Investing Act...-1,266.75
Of Financial Liabilities-34.97
Dividend Paid-276.59
Net Cash used in Financing Act...-311.56

Company Details

Registered Office
AddressMGL House Block No G-33,
Bandra-Kurla Complex Bandra(E)
CityMumbai
StateMaharashtra
Pin Code400051
Tel. No.91-22-66952941
Fax. No.91-22-66756491
Emailinvestorrelations@mahanagargas.com, prabhu.atul@ma
Internethttps://www.mahanagargas.com
Registrars
AddressMGL House Block No G-33
CityMumbai
StateMaharashtra
Pin Code400051
Tel. No.91-22-66952941
Fax. No.91-22-66756491
Emailinvestorrelations@mahanagargas.com, prabhu.atul@ma
Internethttps://www.mahanagargas.com
Management
Name Designation
Syed Shahzad HussainIndependent Non Exe. Director
Sanjay ShendeDeputy Managing Director
Malvika SinhaIndependent Non Exe. Director
HARSHADEEP SHRIRAM KAMBLENominee (Govt)
Ashu ShinghalManaging Director
Sandeep Kumar GuptaChairman (Non-Executive)
Atul PrabhuCompany Sec. & Compli. Officer
Harish Kumar AgarwalIndependent Director
Mahesh Kumar GuptaIndependent Director