Mahanagar Gas Limited

Company Profile

Mahanagar Gas Limited had its IPO on under the ticker symbol MGL.

The company operates in the Utilities sector and Utilities-Regulated Gas industry. Mahanagar Gas Limited has a staff strength of 509 employees.

Stock update

Shares of Mahanagar Gas Limited opened at ₹1055.05 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹1012.65 - ₹1061.1, and closed at ₹1014.6.

This is a -3.56% slip from the previous day's closing price.

A total volume of 46,001 shares were traded at the close of the day’s session.

In the last one week, shares of Mahanagar Gas Limited have slipped by -1.57%.

Mahanagar Gas Limited's Key Ratios

Mahanagar Gas Limited has a market cap of ₹102.18 billion, indicating a price to book ratio of 2.2697 and a price to sales ratio of 1.6864.

In the last 12-months Mahanagar Gas Limited’s revenue was ₹63.82 billion with a gross profit of ₹18.64 billion and an EBITDA of ₹13.95 billion. The EBITDA ratio measures Mahanagar Gas Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Mahanagar Gas Limited’s operating margin was 18.58% while its return on assets stood at 10.57% with a return of equity of 20.44%.

In Q2, Mahanagar Gas Limited’s quarterly earnings growth was a positive 98.9% while revenue growth was a positive 5.7%.

Mahanagar Gas Limited’s PE and PEG Ratio

Forward PE

11.4025

Trailing PE

11.4656

PEG

Its diluted EPS in the last 12-months stands at ₹90.1 per share while it has a forward price to earnings multiple of 11.4025 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mahanagar Gas Limited’s profitability.

Mahanagar Gas Limited stock is trading at a EV to sales ratio of 1.4111 and a EV to EBITDA ratio of 7.608. Its price to sales ratio in the trailing 12-months stood at 1.6864.

Mahanagar Gas Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 26.39%.

Balance sheet and cash flow metrics

Total Assets

₹19.90 billion

Total Liabilities

₹7.79 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

26.39%

Mahanagar Gas Limited ended 2024 with ₹19.90 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹19.90 billion while shareholder equity stood at ₹7.56 billion.

Mahanagar Gas Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹7.79 billion in other current liabilities, 274973000.00 in common stock, ₹7.29 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹507.84 million and cash and short-term investments were ₹2.36 billion. The company’s total short-term debt was ₹3,206,284,000 while long-term debt stood at ₹2.91 billion.

Mahanagar Gas Limited’s total current assets stands at ₹6.69 billion while long-term investments were ₹0 and short-term investments were ₹931.80 million. Its net receivables were ₹369.98 million compared to accounts payable of ₹3.22 billion and inventory worth ₹2.57 billion.

In 2024, Mahanagar Gas Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Mahanagar Gas Limited paid ₹0.26 in dividends in 2024.

Other key metrics

Current Trading Price

₹1014.6

52-Week High

₹1126.6243

52-Week Low

₹751.2524

Analyst Target Price

₹

Mahanagar Gas Limited stock is currently trading at ₹1014.6 per share. It touched a 52-week high of ₹1126.6243 and a 52-week low of ₹1126.6243. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹1044.65 and 200-day moving average was ₹960.04 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4351.2% of the company’s stock are held by insiders while 3518.4% are held by institutions.