Mahanagar Gas Limited, Fundamental analysis

Mahanagar Gas Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Gas Distribution
Variance Full Year Net Profit Variance	-14
Equity Latest Equity	98.78
Face Value Latest Face Value	10
Reserves Total Reserve	6328.83
Dividend Full Year Dividend %	300
Sales Turnover Full Year Net Sales	8245.7
Net Profit Full Year Net Profit	841.14
Full Year CPS Full Year Cash Per Share	126.6
Earning Per Share Full Year Earning Per Share	85.2
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	2052.05
Previous EPS Previous earnings per share	0
Book Value Book value	650.7
Networth Full Year Return on Networth	18.89
Price/Book Value Price to Book value	1.710466
Yearly PE ratio Full Year Price to Earning per share	13.1
Yearly PC ratio Full Year Price to Cash Per Share	8.8
Bse value BSE Value in lakhs	62.1
Nse value NSE Value in lakhs	1430.51
High 52 week high	1562
Low 52 week low	902
Price NSE Current market price	1113
CPM Current market price	1113

Market cap BSE / NSE Market Cap	10994.46
Net profit Latest Quarter Net Profit	129.94
Net profit variance Latest Quarter Net Profit variance	-47
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	6633.38
TTM OP Trailing Twelve 12 month Operating Profit	1693.9
TTM OPM Trailing Twelve 12 month Operating Profit Margin	25.54
TTM GP Trailing Twelve 12 month Gross Profit	1544.47
TTM GPM Trailing Twelve 12 month Gross Profit Margin	18.73
TTM NP Trailing Twelve 12 month Net Profit	1141.73
TTM NPV Trailing Twelve 12 month Net Profit Variane	-13.57
TTM EPS Trailing Twelve 12 month EPS	85.15
TTM PE Trailing Twelve 12 month PE	13.07
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	324.5
Equity Latest Equity	98.78
LTP Latest Price (BSE/NSE)	1113
Gross block Latest Gross Block	6635.02
Loans Total loans	201.03
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	17.5
Year GPM Full Year Gross Profit Margin	18.7
Quarter OPM Latest quater Operation Profit Margin	12.6

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	1,666	1,786	1,847	1,964	2,083	2,050	2,060	2,052
YOY Sales Growth %	8%	14%	18%	22%	25%	15%	12%	4%
Gross Sales	1,832	1,963	2,032	2,152	2,282	2,256	2,268	2,259
Excise Duty	166	177	184	188	199	206	208	207
+ Expenses	1,229	1,373	1,523	1,570	1,583	1,714	1,709	1,794
Material Cost %	60%	63%	69%	65%	63%	70%	69%	72%
Raw Material Cost	1,005	1,126	1,269	1,281	1,312	1,426	1,418	1,482
Change in Inventory	0	0	1	0	0	0	0	1
Manufacturing Cost %	12%	11%	12%	13%	11%	12%	12%	13%
Employee Cost %	2%	2%	2%	2%	2%	2%	2%	2%
Other Cost %	-0%	-0%	-0%	0%	-0%	-0%	-0%	-0%
Raw Materials %	60%	63%	69%	65%	63%	70%	69%	72%
Stock Adjustments %	-0%	-0%	-0%	0%	-0%	-0%	-0%	-0%
Other Manufacturing Expenses %	12%	11%	12%	13%	11%	12%	12%	13%
Operating Profit	437	413	325	394	500	336	351	258
OPM %	26%	23%	18%	20%	24%	16%	17%	13%
+ Other Income	36	47	42	42	32	29	30	29
Miscellaneous Income	36	47	42	42	32	29	30	29
Interest	3	3	3	4	5	5	6	5
Depreciation	83	84	91	93	96	104	104	106
Profit before tax	386	373	272	339	431	256	271	176
+ Tax %	25%	23%	19%	27%	26%	25%	26%	26%
Current Tax	91	77	41	77	94	56	59	24
Deferred Tax	7	9	10	15	19	9	11	23
+ Net Profit	289	287	221	247	319	191	201	130
Minority Interest (After Tax)	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	289	287	221	247	319	191	201	130
EPS in Rs	29.23	29.03	22.39	25.01	32.26	19.37	20.36	13.15

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	2,285	2,239	2,453	3,057	3,264	2,338	3,885	6,921	6,914	7,979
Sales Growth %		-2%	10%	25%	7%	-28%	66%	78%	-0%	15%
Gross Sales	1,863	1,829	2,013	2,525	2,680	1,967	3,235	5,678	5,666	6,549
Excise Duty	207	205	220	266	292	185	325	622	624	715
Other Operating Income	9	0	0	0	0	0	0	0	0	0
+ Expenses	1,786	1,595	1,673	2,171	2,212	1,404	2,961	5,737	5,070	6,410
Material Cost %	54%	46%	42%	46%	42%	32%	53%	64%	53%	59%
Raw Material Cost	1,232	1,020	1,031	1,402	1,383	749	2,059	4,455	3,657	4,694
Change in Inventory	0	0	0	0	0	0	0	-1	0	-1
Manufacturing Cost %	7%	8%	8%	7%	6%	7%	6%	4%	4%	5%
Employee Cost %	3%	4%	4%	3%	3%	4%	3%	2%	2%	2%
Other Cost %	14%	14%	15%	15%	16%	17%	15%	13%	14%	14%
Raw Materials %	54%	46%	42%	46%	42%	32%	53%	64%	53%	59%
Purchase of Finished Goods %	54%	45%	42%	46%	42%	32%	53%	64%	39%	0%
Stock Adjustments %	-0%	-0%	0%	0%	-0%	-0%	0%	0%	-0%	0%
Power & Fuel %	5%	5%	4%	4%	4%	3%	3%	2%	2%	2%
Other Manufacturing Expenses %	3%	3%	3%	3%	3%	4%	3%	2%	2%	2%
Selling & Administration %	1%	1%	1%	1%	1%	2%	1%	0%	1%	1%
Miscellaneous Expenses %	4%	5%	6%	7%	7%	8%	7%	4%	5%	6%
Operating Profit	499	644	780	885	1,053	934	924	1,184	1,844	1,569
OPM %	22%	29%	32%	29%	32%	40%	24%	17%	27%	20%
+ Other Income	47	53	58	78	99	81	86	112	175	167
Miscellaneous Income	48	53	58	78	99	81	86	112	175	167
Interest	2	1	0	0	7	7	8	9	13	14
Depreciation	83	95	111	126	162	174	196	231	277	352
Profit before tax	461	601	727	837	984	834	806	1,056	1,728	1,371
+ Tax %	35%	35%	34%	35%	19%	26%	26%	25%	26%	24%
Current Tax	145	189	212	261	233	198	186	257	407	296
Deferred Tax	16	18	37	29	-43	16	24	8	37	34
+ Net Profit	311	393	478	546	794	620	597	790	1,285	1,044
Profit Growth %		27%	21%	14%	45%	-22%	-4%	32%	63%	-19%
Minority Interest (After Tax)	0	0	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	0	0	0	0	0	0	0	0	1,285	1,041
EPS in Rs									130.06	105.33

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	89	99	99	99	99	99	99	99	99	99
Reserves	1,639	1,741	1,997	2,300	2,854	3,134	3,499	4,035	5,040	5,781
+ Borrowings	5	3	1	0	67	74	103	115	141	201
Unsecured Borrowings	5	3	1	0	67	74	103	115	141	201
+ Other Liabilities	637	782	914	1,042	1,109	1,295	1,534	1,783	1,974	2,189
Current Liabilities	632	776	908	1,036	1,119	1,303	1,548	1,799	1,975	2,188
Provisions	13	8	6	8	11	11	13	19	17	23
Minority Interest	0	0	0	0	0	0	0	0	5	15
Other liability items	12	14	16	16	19	23	27	34	48	58
Total Liabilities	2,370	2,624	3,010	3,441	4,128	4,601	5,234	6,032	7,253	8,270
+ Fixed Assets	1,129	1,305	1,532	1,763	2,049	2,169	2,614	3,026	4,235	4,854
Gross Block	1,211	1,482	1,819	2,174	2,599	2,911	3,546	4,183	5,670	6,635
Accumulated Depreciation	82	177	287	411	550	742	933	1,158	1,435	1,781
CWIP	429	412	357	370	487	560	616	709	823	1,068
Investments	393	467	688	654	1,121	1,025	1,088	1,310	1,069	1,162
+ Other Assets	419	441	434	654	471	847	916	988	1,126	1,186
Inventories	18	24	24	19	19	22	27	34	42	52
Trade receivables	92	95	88	100	68	128	184	294	296	364
Cash Equivalents	175	136	92	299	229	512	465	228	426	333
Loans n Advances	67	82	93	112	96	99	121	190	178	215
Other asset items	67	104	136	124	58	86	118	242	183	222
Total Assets	2,370	2,624	3,010	3,441	4,128	4,601	5,234	6,032	7,253	8,270

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	419	532	652	685	985	806	904	969	1,568	1,406
Profit from Operations								1,220	1,898	1,614
Working Capital Changes								13	94	60
Profit Before Tax & Extraordinary Items	472	601	727	837	984	834	806	1,056	1,728	1,370
Depreciation	83	95	111	126	162	174	196	231	277	352
Interest (Net)	-9	-13	-14	-26	-26	-31	-38	-34	-24	-21
Dividend Received	-15	-14	-19	-20	-16	-1	0	0	0	0
Profit / Loss on Sale of Assets	0	1	2	4	0	0	0	0	0	0
Profit / Loss on Sale of Investments	-4	-7	-4	-3	-23	-46	-19	-36	-73	-53
Provisions & Write-offs (Net)	2	2	2	6	4	6	11	11	20	4
Profit / Loss in Forex	-5	-7	-6	-13	-9	17	-6	-8	-30	-37
Receivables	3	-3	5	-12	29	-60	-57	-111	12	-69
Inventories	-1	-6	0	0	1	-4	-5	-6	-6	-10
Trade Payables	5	3	-11	43	-21	24	116	50	19	86
Change in Deposits	0	0	0	0	64	54	80	106	0	0
Direct Taxes Paid	-150	-186	-228	-271	-238	-207	-212	-264	-424	-269
+ Cash from Investing Activity	-222	-263	-419	-439	-755	-444	-539	-649	-1,057	-1,052
Purchase of Fixed Assets	-215	-255	-269	-363	-438	-340	-649	-713	-783	-1,184
Sale of Fixed Assets	0	0	0	0	12	0	2	0	1	7
Purchase of Investments	-2,349	-2,562	-3,242	-4,050	-4,586	-2,807	-4,191	-7,232	-7,154	-6,413
Sale of Investments	2,337	2,501	3,038	4,097	4,155	2,935	4,155	7,057	6,910	6,396
Interest Received	12	13	11	18	32	35	42	46	51	40
Dividend Received	15	14	19	20	16	1	0	0	0	0
Others	-22	25	25	-161	55	-269	102	192	-82	102
+ Cash from Financing Activity	-191	-284	-226	-235	-242	-349	-310	-285	-499	-332
Proceeds from Issue of Shares	0	0	0	0	0	0	0	0	10	10
Repayment of Long-Term Borrowings	0	0	0	-1	0	0	0	0	-195	0
Repayment of Financial Liabilities	0	0	0	0	-22	-26	-29	-33	-35	-43
Dividend Paid	-188	-282	-224	-233	-218	-322	-281	-252	-277	-296
Interest Paid								0	-3	-2
Others	-3	-2	-2	0	0	0	0	0	0	0
Net Cash Flow	5	-15	8	12	-11	13	54	35	11	22