Mahanagar Gas
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Mahanagar Gas share price

Mahanagar Gas Ltd.

NSE: MGL BSE: 539957 SECTOR: Gas Transmission/Marketing  161k   1k   172

1422.35
+14.95 (1.06%)
NSE: Today, 04:11 PM

Price Summary

Today's High

₹ 1424.65

Today's Low

₹ 1397.75

52 Week High

₹ 1580

52 Week Low

₹ 970.55

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 14049.66 Cr.

Enterprise Value

₹ 13821.79 Cr.

No. of Shares

9.88 Cr.

P/E

10.87

P/B

2.81

Face Value

₹ 10

Div. Yield

1.83 %

Book Value (TTM)

₹  505.84

CASH

₹ 227.87 Cr.

DEBT

₹ 0 Cr.

Promoter Holding

32.5 %

EPS (TTM)

₹  130.89

Sales Growth

76.94%

ROE

20.44 %

ROCE

27.55%

Profit Growth

32.35 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year76.94%
3 Year28.45%
5 Year23.05%

Profit Growth

1 Year32.35%
3 Year-0.15%
5 Year10.58%

ROE%

1 Year20.44%
3 Year19.32%
5 Year22.38%

ROCE %

1 Year27.55%
3 Year26.19%
5 Year30.56%

Debt/Equity

0

Price to Cash Flow

14.49

Interest Cover Ratio

113.411075612354

CFO/PAT (5 Yr. Avg.)

1.29938982985208

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 32.5 0
Dec 2023 32.5 0
Sep 2023 32.5 0
Jun 2023 32.5 0
Mar 2023 32.5 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 28.4517550099058% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 26.1889411921975% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 113.411075612354.
  • The Company has been maintaining an effective average operating margins of 28.3787045862226% in the last 5 years.
  • Company’s PEG ratio is 0.33593842041488.
  • The company has an efficient Cash Conversion Cycle of -10.2231585757608 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.29938982985208.

 Limitations

  • The company has shown a poor profit growth of -0.145549162289849% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 1838.44 1771.81 1690.18 1728.94 1723.77
Total Expenditure 1582.34 1382.11 1168.91 1250.06 1275.08
Operating Profit 256.1 389.7 521.27 478.88 448.69
Other Income 32.25 33.64 38.95 43.71 48.07
Interest 2.42 2.21 2.51 2.47 2.72
Depreciation 58.53 63.83 62.04 65.79 68.29
Exceptional Items 0 0 0 0 0
Profit Before Tax 227.4 357.3 495.67 454.33 425.75
Tax 55.33 88.49 127.27 115.83 108.57
Profit After Tax 172.07 268.81 368.4 338.5 317.18
Adjusted EPS (Rs) 17.42 27.21 37.3 34.27 32.11

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 2791.07 2972.13 2152.54 3560.19 6299.28
Total Expenditure 1905.62 1919.58 1221.73 2636.94 5115.17
Operating Profit 885.45 1052.55 930.81 923.25 1184.11
Other Income 77.71 99.24 83.66 86.81 111.96
Interest 0.32 6.53 7.19 7.53 9.39
Depreciation 125.93 161.73 173.67 196.27 231.14
Exceptional Items 0 0 0 0 0
Profit Before Tax 836.91 983.54 833.6 806.26 1055.54
Tax 290.52 190.03 214.03 209.31 265.49
Net Profit 546.39 793.51 619.58 596.95 790.05
Adjusted EPS (Rs.) 55.32 80.33 62.72 60.43 79.98

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 98.78 98.78 98.78 98.78 98.78
Total Reserves 2300.09 2853.89 3133.59 3498.53 4035.44
Borrowings 0 0 0 0 0
Other N/C liabilities 220.96 228.63 257.83 309.86 336.92
Current liabilities 821.2 946.72 1110.94 1326.63 1561.17
Total Liabilities 3441.02 4128.03 4601.14 5233.8 6032.31
Assets
Net Block 1763.41 2049.19 2169.32 2613.73 3025.7
Capital WIP 369.69 486.53 560.32 615.94 708.62
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 54.94 73.67 106.05 145.48 204.35
Other N/C Assets 78.88 13.43 11.15 13.54 87.42
Current Assets 1174.1 1505.2 1754.3 1845.11 2006.22
Total Assets 3441.02 4128.03 4601.14 5233.8 6032.31
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 836.91 983.54 833.6 806.26 1055.54
Adjustment 81.94 102.79 118.19 144.35 164.14
Changes in Assets & Liabilities 36.6 136.92 60.23 165.23 13.4
Tax Paid -270.81 -238.01 -206.5 -212.17 -263.78
Operating Cash Flow 684.64 985.24 805.53 903.67 969.3
Investing Cash Flow -438.56 -754.84 -443.91 -539.05 -649.09
Financing Cash Flow -234.56 -241.55 -348.8 -310.33 -284.79
Net Cash Flow 11.52 -11.16 12.81 54.29 35.42

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 32.50 32.50 32.50 32.50 32.50
gail (india) ltd 32.50 32.50 - 32.50 32.50
gail (india) limited - - 32.50 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 67.50 67.50 67.50 67.50 67.50
caisse de depot et placem... - - - 1.53 1.25
fidelity investment trust... - - 1.60 1.60 1.74
fidelity investment trust... 3.93 3.48 3.26 3.11 3.11
fssa indian subcontinent ... - - - 1.09 1.02
governor of maharashtra 10.00 10.00 10.00 10.00 10.00
life insurance corporatio... - - 9.48 8.60 7.67
llp 0.09 0.08 0.12 0.06 0.04
the new india assurance c... 1.13 1.06 1.06 1.10 1.00
the scottish oriental sma... - - - 1.07 1.20
uti value fund - - - 1.24 1.34
abrdn oeic ii - abrdn eme... - - 1.13 1.02 -
hdfc life insurance compa... 1.20 1.20 1.19 - -
schroder international se... 4.29 4.28 2.54 - -
aberdeen standard oeic ii... 1.42 1.33 - - -
caisse de depot et placem... 1.16 1.06 - - -
government pension fund g... 2.12 1.78 - - -
life insurance corporatio... 8.32 8.32 - - -
fiam group trust for empl... 1.01 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Mahanagar Gas cuts CNG prices by Rs 2.5 per kg in Mumbai6 Mar 2024, 12:00PM Mahanagar Gas informs about execution of shareholders’ agreement 27 Feb 2024, 2:26PM Mahanagar Gas inks share subscription agreement with 3EV Industries13 Feb 2024, 10:42AM Mahanagar Gas acquires 100% stake in Unison Enviro2 Feb 2024, 9:16AM Mahanagar Gas informs about transcript of conference call31 Jan 2024, 5:30PM Mahanagar Gas reports 84% rise in Q3 net profit24 Jan 2024, 10:59AM Mahanagar Gas - Quaterly Results23 Jan 2024, 5:29PM Mahanagar Gas - Quaterly Results23 Jan 2024, 5:29PM Mahanagar Gas - Quaterly Results23 Jan 2024, 5:29PM Mahanagar Gas forms JV with Baidyanath LNG15 Jan 2024, 2:59PM Mahanagar Gas informs about newspaper publication19 Dec 2023, 2:36PM Mahanagar Gas - Quaterly Results27 Oct 2023, 6:15PM Mahanagar Gas - Quaterly Results27 Oct 2023, 6:15PM Mahanagar Gas inks Joint Venture agreement with Baidyanath LNG18 Oct 2023, 12:16PM Mahanagar Gas submit BRSR23 Sep 2023, 3:29PM Mahanagar Gas submits analyst meet18 Sep 2023, 3:03PM Mahanagar Gas informs about disclosures13 Sep 2023, 4:38PM Mahanagar Gas informs about transcript of conference call10 Aug 2023, 5:18PM Mahanagar Gas submits earnings call transcript5 Aug 2023, 12:53PM Mahanagar Gas reports 99% rise in Q1 net profit4 Aug 2023, 3:39PM Mahanagar Gas - Quaterly Results3 Aug 2023, 5:09PM Mahanagar Gas - Quaterly Results3 Aug 2023, 5:09PM Mahanagar Gas - Quaterly Results3 Aug 2023, 5:09PM Mahanagar Gas inks MoU to set up Rs 500 crore biogas plant 12 Jun 2023, 12:28PM Mahanagar Gas reports over 2-fold jump in Q4 net profit9 May 2023, 10:51AM Mahanagar Gas - Quaterly Results8 May 2023, 5:54PM Mahanagar Gas - Quaterly Results8 May 2023, 5:54PM Mahanagar Gas - Quaterly Results8 May 2023, 5:54PM Mahanagar Gas informs about earnings conference call8 May 2023, 12:42PM Mahanagar Gas informs about analyst meet 13 Apr 2023, 4:55PM Mahanagar Gas inks agreement to acquire 100% stake in Unison Enviro4 Mar 2023, 11:53AM Mahanagar Gas informs about analyst meet15 Feb 2023, 2:13PM Mahanagar Gas reports 3- fold jump in Q3 net profit3 Feb 2023, 2:29PM Mahanagar Gas - Quaterly Results2 Feb 2023, 7:33PM Mahanagar Gas - Quaterly Results2 Feb 2023, 7:33PM Mahanagar Gas reduces price of compressed natural gas1 Feb 2023, 11:28AM Mahanagar Gas informs about analyst meet 3 Dec 2022, 11:26AM Mahanagar Gas - Quaterly Results11 Nov 2022, 5:59PM Mahanagar Gas - Quaterly Results11 Nov 2022, 5:59PM Mahanagar Gas - Quaterly Results11 Nov 2022, 5:59PM Mahanagar Gas informs about conference call3 Nov 2022, 4:14PM Mahanagar Gas informs about cessation of director 27 Aug 2022, 12:36PM Mahanagar Gas informs about analyst meet27 Aug 2022, 12:33PM Mahanagar Gas informs about AGM26 Aug 2022, 4:28PM Mahanagar Gas reduces prices of PNG, CNG 17 Aug 2022, 9:59AM Mahanagar Gas reports 9% fall in Q1 net profit8 Aug 2022, 3:06PM Mahanagar Gas - Quaterly Results6 Aug 2022, 4:48PM Mahanagar Gas - Quaterly Results6 Aug 2022, 4:48PM Mahanagar Gas - Quaterly Results6 Aug 2022, 4:48PM Mahanagar Gas increases prices for CNG, piped natural gas3 Aug 2022, 10:23AM

Mahanagar Gas Stock Price Analysis and Quick Research Report. Is Mahanagar Gas an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Mahanagar Gas has a PE ratio of 10.8668579740971 which is low and comparatively undervalued .

  • Share Price: - The current share price of Mahanagar Gas is Rs 1422.35. One can use valuation calculators of ticker to know if Mahanagar Gas share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Mahanagar Gas has ROA of 14.0252491765126 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Mahanagar Gas has a Current ratio of 1.2850746555468 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Mahanagar Gas has a ROE of 20.4370933049474 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Mahanagar Gas has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Mahanagar Gas has an Inventory turnover ratio of 225.700962008805 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Mahanagar Gas has reported revenue growth of 76.9366241689348 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Mahanagar Gas for the current financial year is 18.7975451162672 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Mahanagar Gas is Rs 26 and the yield is 1.829 %.

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Brief about Mahanagar Gas

Mahanagar Gas Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Mahanagar Gas Ltd. is a leading natural gas distribution company in India. In this article, we will provide a comprehensive analysis of the company's stock, including its share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall transcripts, investor presentations, promoters, and shareholders. Our website provides pre-built screening tools and premium features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. Additionally, we provide downloadable annual reports and quarterly results for investors to analyze.

Mahanagar Gas Ltd. Share Price

The share price of Mahanagar Gas Ltd. is an important factor to consider before investing. It reflects the market's perception of the company's performance. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions. Our pre-built screening tools can help investors analyze the stock price and its trend. Investors should analyze the trend of the share price over a period of time to make informed decisions.

Mahanagar Gas Ltd. Balance Sheet

The balance sheet of Mahanagar Gas Ltd. provides information on the company's assets, liabilities, and equity. It is important to analyze the balance sheet to understand the financial position of the company. Our premium features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis can help investors calculate the fair value of the company.

Mahanagar Gas Ltd. Annual Report

The annual report of Mahanagar Gas Ltd. provides a comprehensive overview of the company's performance over the year. It includes information on the company's financial statements, management discussion and analysis, and corporate governance. Investors can download the annual report from our website and analyze it to understand the company's performance.

Mahanagar Gas Ltd. Dividend

Mahanagar Gas Ltd. has a history of consistently paying dividends to its shareholders. Investors can analyze the dividend history of the company to understand its dividend policy. It is important to analyze the dividend payout ratio to understand how much of the company's earnings are being distributed as dividends.

Mahanagar Gas Ltd. Quarterly Result

The quarterly result of Mahanagar Gas Ltd. provides information on the company's performance over a quarter. It includes information on the company's revenue, net profit, and earnings per share. Investors can download the quarterly results from our website and analyze it to understand the company's performance.

Mahanagar Gas Ltd. Stock Price

The stock price of Mahanagar Gas Ltd. is influenced by various factors such as market conditions, company performance, and news. Investors can analyze the stock price to understand the market's perception of the company's performance. Our pre-built screening tools can help investors analyze the stock price and its trend.

Mahanagar Gas Ltd. Price Chart

The price chart of Mahanagar Gas Ltd. provides a visual representation of the stock price trend over a period of time. Investors can analyze the price chart to understand the trend. Our pre-built screening tools can help investors analyze the price chart and its trend.

Mahanagar Gas Ltd. News

News plays an important role in influencing the stock price of Mahanagar Gas Ltd. Investors can analyze the news related to the company to understand its impact on the stock price. Our pre-built screening tools can help investors analyze the news related to the company.

Mahanagar Gas Ltd. Concall Transcripts

The concall transcripts of Mahanagar Gas Ltd. provide information on the company's performance and management's outlook for the future. Investors can download the concall transcripts from our website and analyze it to understand the company's performance.

Mahanagar Gas Ltd. Investor Presentations

The investor presentations of Mahanagar Gas Ltd. provide information on the company's strategy, performance, and outlook for the future. Investors can download the investor presentations from our website and analyze it to understand the company's performance.

Mahanagar Gas Ltd. Promoters

The promoters of Mahanagar Gas Ltd. are the individuals or entities that hold a significant stake in the company. It is important to analyze the promoters to understand their track record and their influence on the company's performance.

Mahanagar Gas Ltd. Shareholders

The shareholders of Mahanagar Gas Ltd. are the individuals or entities that own a stake in the company. It is important to analyze the shareholders to understand their influence on the company's performance.

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