Mahanagar Gas Ltd
NSE :MGL BSE :539957 Sector : Gas DistributionBuy, Sell or Hold MGL? Ask The Analyst
BSE
Mar 28, 00:00
1386.50
18.45 (1.35%)
prev close
1368.05
OPEN PRICE
1371.90
volume
16236
Today's low / high
1361.25 / 1398.95
52 WK low / high
1075.00 / 1988.55
bid price (qty)
0 (0)
offer price (qty)
0 (0)
NSE
Mar 28, 00:00
1386.95
19.60 (1.43%)
prev close
1367.35
open price
1367.45
volume
395767
Today's' low / high
1361.50 / 1398.00
52 WK low / high
1075.25 / 1988.00
bid price (qty)
1386.95 (390)
offer price (qty)
0 (0)
28 Mar 1386.95 (1.43%) | 27 Mar 1367.35 (1.41%) | 26 Mar 1348.30 (-1.26%) | 25 Mar 1365.50 (-1.77%) | 24 Mar 1390.10 (0.73%) | 21 Mar 1380.00 (0.75%) | 20 Mar 1369.70 (2.79%) | 19 Mar 1332.50 (0.65%) | 18 Mar 1323.90 (0.94%) | 17 Mar 1311.55 (1.99%) | 13 Mar 1285.95 (-1.04%) | 12 Mar 1299.50 (0.90%) | 11 Mar 1287.90 (0.72%) | 10 Mar 1278.65 (-0.42%) | 07 Mar 1284.00 (-3.93%) | 06 Mar 1336.50 (4.38%) | 05 Mar 1280.40 (5.48%) | 04 Mar 1213.85 (-1.74%) | 03 Mar 1235.40 (-0.17%) | 28 Feb 1237.50 (-5.63%) | 27 Feb 1311.30 (-0.60%) |
Technical Analysis
Short Term Investors

Very Bullish
Medium Term Investors

Very Bullish
Long Term Investors

Bearish
Moving Averages
5 DMA
Bullish
1372.05
10 DMA
Bullish
1357.65
20 DMA
Bullish
1315.41
50 DMA
Bullish
1312.26
100 DMA
Bullish
1289.87
200 DMA
Bearish
1511.88
Intraday Support and Resistance
(Based on Pivot Points) NSE : 1386.95 | BSE : 1386.50
Updated On Mar 28, 2025 04:00 PM For Next Trading Session
Pivots | Classic | Fibonacci | Camarilla | Woodie | DM |
---|---|---|---|---|---|
R3 | 1439.3 | 1418.65 | 1396.99 | - | - |
R2 | 1418.65 | 1404.71 | 1393.64 | 1419.85 | - |
R1 | 1402.8 | 1396.09 | 1390.3 | 1405.2 | 1410.73 |
P | 1382.15 | 1382.15 | 1382.15 | 1383.35 | 1386.11 |
S1 | 1366.3 | 1368.21 | 1383.6 | 1368.7 | 1374.23 |
S2 | 1345.65 | 1359.59 | 1380.26 | 1346.85 | - |
S3 | 1329.8 | 1345.65 | 1376.91 | - | - |
Key Metrics
EPS
107.08
P/E
12.95
P/B
2.47
Dividend Yield
2.16%
Market Cap
13,700 Cr.
Face Value
10
Book Value
560.23
ROE
27.55%
EBITDA Growth
365.78 Cr.
Debt/Equity
0.03
Shareholding History
Quarterly Result (Figures in Rs. Crores)
Mahanagar Gas Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 1616.83 | 1656.74 | 1701.41 | 1833.18 | 1889.4 | |
PROFIT | 317.18 | 252.26 | 288.78 | 283.51 | 221.24 | |
EPS | 32.11 | 25.54 | 29.23 | 28.7 | 22.39 |
Mahanagar Gas Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 1616.83 | 1611.62 | 1629.79 | 1762.77 | 1803.87 | |
PROFIT | 317.18 | 264.99 | 284.53 | 282.8 | 225.37 | |
EPS | 32.11 | 26.83 | 28.8 | 28.63 | 22.82 |
Profit & Loss (Figures in Rs. Crores)
Mahanagar Gas Ltd Profit & Loss
Mar 2023 | Mar 2024 | ||
INCOME | 6411.95 | 6464.8 | |
PROFIT | 790.05 | 1276.37 | |
EPS | 79.98 | 129.21 |
Mahanagar Gas Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 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 2024 | Mar 2023 | |
SOURCES OF FUNDS : | ||
Share Capital | 98.78 | 98.78 |
Reserves Total | 5,031.43 | 4,035.44 |
Total Shareholders Funds | 5,130.21 | 4,134.22 |
Minority Interest | 4.9 | 0 |
Unsecured Loans | 141.43 | 114.61 |
Total Debt | 141.43 | 114.61 |
Other Liabilities | 48.16 | 34.48 |
Total Liabilities | 5,324.7 | 4,283.31 |
APPLICATION OF FUNDS : | ||
Gross Block | 5,804.11 | 4,183.49 |
Less: Accumulated Depreciation | 1,438.19 | 1,157.79 |
Net Block | 4,365.92 | 3,025.7 |
Capital Work in Progress | 823.39 | 708.62 |
Investments | 1,068.76 | 1,309.82 |
Inventories | 42.07 | 33.84 |
Sundry Debtors | 296.49 | 294.03 |
Cash and Bank Balance | 426.12 | 227.87 |
Loans and Advances | 124.16 | 140.66 |
Total Current Assets | 888.84 | 696.4 |
Current Liabilities | 1,658.92 | 1,521.09 |
Provisions | 17.26 | 19.31 |
Total Current Liabilities & Provisions | 1,676.18 | 1,540.4 |
Net Current Assets | -787.34 | -844 |
Deferred Tax Assets | 61.27 | 49.52 |
Deferred Tax Liability | 441.68 | 258.12 |
Net Deferred Tax | -380.41 | -208.6 |
Other Assets | 234.38 | 291.77 |
Total Assets | 5,324.7 | 4,283.31 |
Contingent Liabilities | 958.15 | 429.79 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 98.78 | 98.78 | 98.78 | 98.78 | 98.78 | 98.78 | 98.78 | 98.78 | 89.34 | 89.34 |
Reserves Total | 5,044.09 | 4,035.44 | 3,498.53 | 3,133.59 | 2,853.89 | 2,300.09 | 1,996.57 | 1,741.26 | 1,639.09 | 1,318.12 |
Total Shareholders Funds | 5,142.87 | 4,134.22 | 3,597.31 | 3,232.37 | 2,952.67 | 2,398.87 | 2,095.35 | 1,840.04 | 1,728.43 | 1,407.46 |
Unsecured Loans | 139.26 | 114.61 | 102.98 | 74.1 | 66.61 | 0 | 1.2 | 2.7 | 4.98 | 15.59 |
Total Debt | 139.26 | 114.61 | 102.98 | 74.1 | 66.61 | 0 | 1.2 | 2.7 | 4.98 | 15.59 |
Other Liabilities | 52.95 | 34.48 | 26.66 | 23.27 | 18.97 | 16.12 | 15.61 | 14.2 | 11.64 | 7.9 |
Total Liabilities | 5,335.08 | 4,283.31 | 3,726.95 | 3,329.74 | 3,038.25 | 2,414.99 | 2,112.16 | 1,856.94 | 1,745.05 | 1,430.95 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 4,970.92 | 4,183.49 | 3,546.25 | 2,910.87 | 2,598.7 | 2,174 | 1,818.73 | 1,481.74 | 1,211.24 | 1,671.45 |
Less : Accumulated Depreciation | 1,427.96 | 1,157.79 | 932.52 | 741.56 | 549.51 | 410.59 | 286.78 | 176.99 | 82.49 | 607.44 |
Net Block | 3,542.96 | 3,025.7 | 2,613.73 | 2,169.31 | 2,049.19 | 1,763.41 | 1,531.95 | 1,304.75 | 1,128.75 | 1,064.01 |
Capital Work in Progress | 774.29 | 708.62 | 615.94 | 560.32 | 486.53 | 369.69 | 356.62 | 411.53 | 428.87 | 379.62 |
Investments | 1,635.96 | 1,309.82 | 1,088.28 | 1,024.98 | 1,121.47 | 654.02 | 687.68 | 466.67 | 393.4 | 371.47 |
Inventories | 39.84 | 33.84 | 27.49 | 22.16 | 18.57 | 19.12 | 24 | 23.76 | 18.03 | 17.36 |
Sundry Debtors | 280.61 | 294.03 | 184.04 | 127.52 | 68.43 | 99.53 | 88.47 | 94.54 | 92.33 | 96.23 |
Cash and Bank Balance | 398.47 | 227.87 | 465.17 | 511.86 | 229.47 | 298.84 | 91.88 | 136.11 | 175.03 | 144.92 |
Loans and Advances | 123.31 | 140.66 | 80.13 | 67.79 | 67.26 | 102.59 | 83.47 | 73.51 | 60.26 | 60.57 |
Total Current Assets | 842.23 | 696.4 | 756.83 | 729.33 | 383.73 | 520.08 | 287.82 | 327.92 | 345.64 | 319.07 |
Current Liabilities | 1,629.76 | 1,521.09 | 1,293.34 | 1,083.56 | 918.21 | 813.5 | 717.31 | 621.87 | 492.9 | 434.65 |
Provisions | 17.07 | 19.31 | 12.71 | 10.59 | 10.9 | 7.69 | 5.95 | 7.82 | 12.58 | 197.27 |
Total Current Liabilities & Provisions | 1,646.83 | 1,540.4 | 1,306.05 | 1,094.15 | 929.11 | 821.19 | 723.26 | 629.69 | 505.48 | 631.93 |
Net Current Assets | -804.6 | -844 | -549.22 | -364.82 | -545.38 | -301.11 | -435.44 | -301.76 | -159.84 | -312.85 |
Deferred Tax Assets | 56.23 | 49.52 | 41.04 | 31.56 | 29.02 | 9.8 | 9.8 | 8.95 | 6.8 | 6.62 |
Deferred Tax Liability | 300.31 | 258.12 | 241.84 | 208.81 | 189.69 | 214.64 | 184.63 | 146.57 | 126.75 | 109.33 |
Net Deferred Tax | -244.08 | -208.6 | -200.8 | -177.25 | -160.67 | -204.84 | -174.83 | -137.62 | -119.95 | -102.71 |
Other Assets | 430.55 | 291.77 | 159.02 | 117.2 | 87.1 | 133.83 | 146.16 | 113.38 | 73.83 | 31.42 |
Total Assets | 5,335.08 | 4,283.31 | 3,726.95 | 3,329.75 | 3,038.24 | 2,415 | 2,112.14 | 1,856.95 | 1,745.05 | 1,430.96 |
Contingent Liabilities | 958.15 | 429.79 | 34.94 | 35.89 | 25.66 | 25.19 | 169.98 | 316.37 | 281.95 | 253.22 |
Cash Flow (Figures in Rs. Crores)
Net Profit before Tax and Extr... | 1,721.6 |
Depreciation | 283.87 |
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 Receivables | 11.92 |
Inventories | -5.69 |
Trade Payables | 19.27 |
Change in Deposits | 121.27 |
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 Assets | 1.04 |
Purchase of Investments | -7,154.12 |
Sale of Investments | 6,910.36 |
Interest Received | 50.78 |
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 |
Depreciation | 273.64 |
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 Receivables | 12.35 |
Inventories | -6 |
Trade Payables | 11.98 |
Change in Deposits | 121.27 |
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 Assets | 1.04 |
Purchase of Investments | -7,150.62 |
Sale of Investments | 6,910.36 |
Interest Received | 50.65 |
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 |
|
Address | MGL House Block No G-33, Bandra-Kurla Complex Bandra(E) |
City | Mumbai |
State | Maharashtra |
Pin Code | 400051 |
Tel. No. | 91-22-66952941 |
Fax. No. | 91-22-66756491 |
investorrelations@mahanagargas.com, prabhu.atul@ma | |
Internet | https://www.mahanagargas.com |
Registrars |
|
Address | MGL House Block No G-33 |
City | Mumbai |
State | Maharashtra |
Pin Code | 400051 |
Tel. No. | 91-22-66952941 |
Fax. No. | 91-22-66756491 |
investorrelations@mahanagargas.com, prabhu.atul@ma | |
Internet | https://www.mahanagargas.com |
Management |
|
Name | Designation |
Syed Shahzad Hussain | Independent Non Exe. Director |
Sanjay Shende | Deputy Managing Director |
Malvika Sinha | Independent Non Exe. Director |
Ashu Shinghal | Managing Director |
Sandeep Kumar Gupta | Chairman (Non-Executive) |
Atul Prabhu | Company Sec. & Compli. Officer |
Harish Kumar Agarwal | Independent Director |
Mahesh Kumar Gupta | Independent Director |
Anbalagan Ponnusamy | Additional Director |