Peers for comparison


Market capitalization
‪104.52 B‬ INRSmall cap
66.80 INR
‪8.41 B‬ INR
‪82.46 B‬ INR
‪56.80 M‬
Beta (1Y)
1.34
Last report date
—
Report period
—
EPS
—
Revenue
—
Earnings release details

Consolidated performance reflects strong volume growth (up 9.9% H1 YOY), but Q2 margins declined due to higher gas costs and lower APM/NWG allocations. EBITDA per SCM guidance is INR 8.5–9 for the rest of FY26, with continued focus on infrastructure expansion and volume growth.

Employees (FY)
‪3.07 K‬
Change (1Y)
‪+2.54 K‬+473.83%
Revenue / Employee (1Y)
‪26.86 M‬ INR
Net income / Employee (1Y)
‪2.74 M‬ INR

Company info


Sector
CEO
Praveer Kumar Srivastava
Headquarters
Mumbai
Founded
1995
IPO date
Jul 1, 2016
ISIN
INE002S01010
FIGI
BBG00BGKKR83
Identifiers
ISIN INE002S01010
CFI code
ESVUFN
Mahanagar Gas Ltd. engages in the sale and distribution of natural gas. Its businesses include Domestic PNG, Commercial PNG, CNG, Industrial PNG, and Gas Geysers. The company was founded on May 8, 1995 and is headquartered in Mumbai, India.
Performance
Revenue to profit conversion
Debt level and coverage
Earnings
Next:—

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Summarizing what the indicators are suggesting.
Neutral
Neutral
Neutral
An aggregate view of professional's ratings.
Neutral
Neutral
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
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Market value‪4.42 M‬
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Market value‪443.43 K‬

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Frequently asked questions


Mahanagar Gas Ltd is scheduled to release its next earnings report on Feb 9, 2027.

Why it matters:
– Key event: Earnings often drive significant price moves
– Market expectations: Traders watch revenue, EPS, and guidance vs forecasts
– Volatility spike: Price swings can increase before and after the release

How to use it:
– Track upcoming reports in the Earnings Calendar
– Compare actual results with analyst estimates
– Monitor price reaction and volume on Supercharts
MGL stock is 1.98% volatile and has beta coefficient of 1.34.

What it means:
– Volatility: Shows how much the price fluctuates over time
– Beta > 1: More volatile than the market
– Beta < 1: Less volatile, more stable

Important to know:
– Volatility can increase during earnings, news events, or market stress
– Large-cap stocks like MGL are typically less volatile than smaller companies

Track every detail on Mahanagar Gas Ltd stock chart and check out the list of the most volatile stocks — is Mahanagar Gas Ltd there?
To understand the MGL stock performance, it's worth checking price changes for various periods to get the full picture:
– 1 day — −0.23%
– 1 week — +7.93%
– 1 month — +7.68%

MGL all-time low was 493.20 INR (Jul 13, 2016), and its highest price is 1,988.55 INR (Sep 25, 2024). Find more dynamics in the Stock Heatmap and on the Mahanagar Gas Ltd stock chart.
Mahanagar Gas Ltd market capitalization is ‪104.52 B‬, representing the total value of all its outstanding shares (price × shares outstanding).

What it means:
– Market cap is one of the key ways to classify companies (large-cap, mid-cap, etc.)
– It reflects how investors value the company today
– It changes constantly with stock price movements

What to look at next:
– Market cap trends: Rising cap may signal growth and investor confidence; falling cap can reflect risk or downturns
– Price vs shares: Changes can come from Mahanagar Gas Ltd stock price moves or share count (buybacks, issuance)
– Valuation ratios: Compare market cap with revenue and earnings
– Peer comparison: See how Mahanagar Gas Ltd stacks up against other companies
The safest way to buy Mahanagar Gas Ltd stocks is through a reliable broker. Create an account, fund it, and place a buy order.

You can trade MGL directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click “Trade”, select your broker, and log in
– Start trading: Place orders without leaving the chart

Tip: If you’re new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
As of Nov 9, 2026, the company has ‪3.07 K‬ employees.

Why traders follow this data:
– Company scale: Employee count reflects the size and global reach of the business
– Operational footprint: Higher headcount often indicates broader product lines, retail presence, or services
– Trend signal: Changes over time can reflect hiring growth, restructuring, or efficiency improvements

See our rating of the largest employers to find more opportunities.
Mahanagar Gas Ltd pays dividends, but whether it is a “good” dividend stock depends on its yield and stability rather than dividends alone.

Its recent dividend yield was around 3.24%, with a payout ratio of 35.23%, compared to 2.16% and 28.49% in the previous period.

What to look at when looking for good dividend stocks:
– Dividend yield: Income potential relative to price
– Payout ratio: Sustainability of dividend payments
– Dividend history: Consistency and growth over time
– Earnings strength: Dividends are more reliable when supported by stable profits
– Total return: Combines dividends with stock price performance

Explore all this in Mahanagar Gas Ltd financials.
Investing in Mahanagar Gas Ltd depends on your goals, risk tolerance, and market conditions. It’s essential to analyze the stock before making a decision.

First, study Mahanagar Gas Ltd financials and track their dynamics on the Fundamental Graphs:
– Business fundamentals: Revenue, earnings, and growth trends
– Valuation: P/E ratio, market cap, and how it compares to peers
– Profitability: Margins, return on equity, and cash flow
– Dividends (if any): Yield, payout ratio, and consistency

Then explore our MGL technicals – signals based on essential indicators calculations:
– Today — buy
– 1-week — neutral
– 1-month — neutral

Combine fundamental and technical analysis for better results.
Mahanagar Gas Ltd stock ticker depends on the exchange where it’s listed. On the NSE, its primary exchange, Mahanagar Gas Ltd stocks trade under the symbol MGL.

About tickers:
– Unique identifiers: A ticker is a short code used to find and trade a stock
– Exchange-specific: The same company may have different tickers across exchanges
– Search shortcut: Used on trading platforms, charts, and screeners

Remember:
– Some companies have multiple listings
– Always check the exchange prefix to avoid confusion

Learn how to find your desired assets in our Symbol Search.
MGL earnings for the last quarter are 15.60 INR per share, whereas the estimation was 19.71 INR, resulting in a −20.84% surprise. The estimated earnings for the next quarter are 23.67 INR per share.

How to read financials:
– Compare actual vs estimates: Earnings beats or misses often drive price moves
– Watch market reaction: Price response matters as much as the numbers
– Look at forward guidance: Future estimates signal expected growth
– Track trends: Analyze results across multiple quarters, not just one

Follow other essential metrics in Mahanagar Gas Ltd financials:
– Revenue growth: Shows business expansion
– Margins (operating, net): Reflect profitability and efficiency
– Free cash flow: Indicates real cash generation
– Debt levels: Impacts financial stability and risk
Mahanagar Gas Ltd revenue for the last quarter amounts to ‪25.37 B‬ INR despite the estimated figure of ‪24.97 B‬ INR. In the next quarter revenue is expected to reach ‪24.65 B‬ INR.

How to read this data:
– Compare actual vs estimates: Revenue beats or misses can move the stock
– Watch market reaction: Price response shows how investors interpret results
– Look at growth: Compare with previous quarters and year-over-year data
– Track trends: One quarter matters less than consistent performance

Follow other essential metrics in Mahanagar Gas Ltd financials:
– Earnings (EPS): Profitability per share
– Margins (gross, operating): Efficiency and cost control
– Free cash flow: Cash available after expenses
Yes, you can track Mahanagar Gas Ltd financials in yearly and quarterly reports right on TradingView.

Use our Earnings Calendar to never miss important releases and spot opportunities early.
MGL net income for the last quarter is ‪1.36 B‬ INR, while the quarter before that showed ‪1.93 B‬ INR of net income which accounts for −29.73% change.

How to read this data:
– Track changes: Compare net income across quarters to spot trends
– Watch expectations: Compare with estimates to gauge performance
– Check margins: Net income reflects profitability after all expenses
– Look beyond one quarter: Consistency matters more than a single result

Follow other essential metrics in Mahanagar Gas Ltd financials:
– Revenue: Overall business growth
– Earnings per share: Rising EPS over time often points to improving business performance
– Margins (gross, operating): Efficiency and cost control
MGL reached its all-time high of 1,988.55 INR on Sep 25, 2024. Its all-time low was 493.20 INR and was reached on Jul 13, 2016.

Explore the Mahanagar Gas Ltd stock price chart to see more price history, and discover companies reaching new all-time highs and lows.
Mahanagar Gas Ltd EBITDA is ‪12.68 B‬ INR, with an EBITDA margin of 18.12%.

EBITDA is a measure of core operating performance, showing how much profit the company generates from its main business activities before accounting for financing and accounting-related costs.

What it means:
– Operating strength: Helps assess profitability from core operations
– Efficiency signal: Rising EBITDA often reflects improving business performance
– Comparability: Useful for comparing companies with different capital structures

What to look at next in Mahanagar Gas Ltd statements:
– Revenue growth: Shows whether the business is expanding
– Net income: Captures full profitability after all expenses
– Free cash flow: Shows actual cash generated
– Debt levels: Important when evaluating earnings quality
Analyst forecasts suggest a price range between 950.00 INR and 1,665.00 INR for MGL, based on current estimates.

Remember:
– Forecasts show possible scenarios, not guaranteed outcomes
– They're based on multiple analysts’ models and assumptions
– Target prices change with earnings, news, and market conditions

Don't rely on analysts' opinions alone:
– Use technical analysis: Trend, support/resistance, momentum
– Study fundamentals: Revenue, earnings, margins
– Account for market context: News, macro trends, sector performance