Flash Finance

Mahanagar Gas LimitedMGLCorporate

LPG/CNG/PNG/LNG Supplier Latest results: Jun 2026 14 quarters of data
Consolidated Standalone
₹1,054.00
MCap ₹10,411 Cr · P/E 14.6
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹2,373 Cr
Sales · Jun 2026
+4.0% YoY
₹343 Cr
Operating Profit · Jun 2026
-31.5% YoY
14.4%
OPM % · Jun 2026
-34.2% YoY
₹193 Cr
Net Profit · Jun 2026
-39.4% YoY
₹19.54
EPS · Jun 2026
-39.3% YoY

📝 Mahanagar Gas Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Mahanagar Gas Limited reported revenue of ₹2,373 crore for the quarter ended June 2026 (Q1 FY27), up 4.0% from ₹2,282 crore in the same quarter last year, and up 5.0% sequentially over the March 2026 quarter.

Net profit fell 39.4% year-on-year to ₹193 crore, from ₹318 crore. Earnings per share (EPS) came in at ₹19.54.

Operating profit stood at ₹343 crore — an operating margin (OPM) of 14.4%, compared with 21.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mahanagar Gas Limited posted revenue of ₹9,065 crore, a growth of 13.6% over FY25, with a net profit of ₹840 crore (down 19.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹9,156 crore with a net profit of ₹715 crore.

Valuation snapshot

At the current price of ₹1,054.00, MGL has a market capitalisation of ₹10,411 crore and a trailing P/E of about 14.6.

Within the LPG/CNG/PNG/LNG Supplier industry, it is the 2nd-largest of the 4 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 32.50%, foreign institutional investors (FIIs) 23.46%, domestic institutional investors (DIIs) 22.26%, the government 10.00%, public shareholders 11.78% of Mahanagar Gas Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹10,411 Cr
Current Price ?
₹1,054.0
P/E ?
14.57above ind
Industry P/E ?
13.40
P/B ?
1.62
P/S ?
1.14
P/FCF ?
118.31
Enterprise Value ?
₹10,634 Cr
EV/EBITDA ?
8.23
PEG ?
7.28
Earnings Yield ?
8.2%
Dividend Yield ?
2.91%
Profitability & Returns
Sales (TTM) ?
₹9,156 Cr
OPM ?
14.1%
Profit after tax (TTM) ?
₹715 Cr
EPS (TTM) ?
₹72.35
ROCE ?
18.0%
ROE ?
11.1%
ROA ?
8.0%
Growth
Sales — latest qtr ?
₹2,373 Cr
PAT — latest qtr ?
₹193 Cr
YoY qtr sales growth ?
4.0%
YoY qtr profit growth ?
-39.4%
Sales growth (3y) ?
9%
Sales growth (5y) ?
N/A
Profit growth (3y) ?
2%
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹223 Cr
Debt to Equity ?
0.03
Interest Coverage ?
49.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
32.50%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-4.2%
Return 6 months ?
-6.4%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 1,6101,5381,5711,7241,7711,8321,9632,0322,1522,2822,2562,2682,2592,373 +4.0% +5.0%
Operating Profit 390521479449395437413325395501338351260343 -31.5% +31.9%
Other Income 3439444844364742423229302930 -5.3% +4.6%
Interest 23236333455656 +29.8% +21.8%
Depreciation 64626668888385919396104104106109 +13.4% +2.5%
Profit Before Tax 357496454426346386372272339431256271176258 -40.2% +46.3%
Net Profit 269368338317252289284221247318191201130193 -39.4% +48.6%
EPS 27.2137.3034.2732.1125.5429.2328.7022.3925.0132.1819.3720.3613.1519.54 -39.3% +48.6%
OPM % 24.2% 33.9% 30.5% 26.0% 22.3% 23.8% 21.1% 16.0% 18.4% 21.9% 15.0% 15.5% 11.5% 14.4% -34.2% +25.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,979 Cr ₹9,065 Cr ₹9,156 Cr +13.6%
Operating Profit ₹1,570 Cr ₹1,450 Cr ₹1,292 Cr -7.7%
OPM % 19.68% 15.99% 14.11% -18.7%
NPM % 13.04% 9.26% 7.80% -29.0%
Other Income ₹167 Cr ₹120 Cr ₹118 Cr -28.0%
Depreciation ₹352 Cr ₹410 Cr ₹423 Cr +16.4%
Interest ₹14 Cr ₹21 Cr ₹22 Cr +49.1%
EBIT ₹1,218 Cr ₹1,040 Cr ₹869 Cr -14.6%
PBT ₹1,370 Cr ₹1,135 Cr ₹961 Cr -17.2%
Tax ₹329 Cr ₹295 Cr ₹247 Cr -10.4%
Net Profit ₹1,040 Cr ₹840 Cr ₹715 Cr -19.3%
EPS ₹105.33 ₹85.06 ₹72.42 -19.2%
Material Cost ₹4,680 Cr ₹5,637 Cr ₹6,060 Cr +20.4%
Employee Cost ₹147 Cr ₹177 Cr ₹186 Cr +20.3%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 99999999 +0.0%
Reserves 4,0355,0405,7816,329 +9.5%
Borrowings 115141201223 +10.9%
Other Liabilities 1,7831,9742,1892,331 +6.5%
Total Liabilities 6,0327,2538,2708,981 +8.6%
Fixed Assets 3,0264,2354,8545,392 +11.1%
CWIP 7098231,0681,270 +18.9%
Investments 1,3101,0691,1621,148 -1.2%
Other Assets 9881,1261,1861,171 -1.3%
Total Assets 6,0327,2538,2708,981 +8.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9691,5681,4061,162 -17.4%
Cash from Investing Activity -649-1,057-1,052-888 +15.6%
Cash from Financing Activity -285-499-332-369 -11.1%
Net Cash Flow 351122-95 -531.8%
Free Cash Flow 25778622988 -61.6%
CFO/OP 104%108%107%99% -7.5%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 17171820 +11.1%
Inventory Days 3444 +0.0%
Days Payable 26353431 -8.8%
Cash Conversion Cycle -7-13-11-7 +36.4%
Working Capital Days -63-72-66-10 +84.8%
ROCE % —34%23%18% -21.7%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 32.50%32.50%32.50%32.50%32.50%32.50% +0.0%
FIIs 25.48%23.59%24.89%24.13%23.21%23.46% +1.1%
DIIs 22.52%22.89%20.83%21.01%22.53%22.26% -1.2%
Government 10.00%10.00%10.00%10.00%10.00%10.00% +0.0%
Public 9.50%11.01%11.79%12.34%11.75%11.78% +0.3%
No. of Shareholders 1,66,5891,78,5761,79,7611,84,3731,78,0331,75,638 -1.3%

⚖️ Peer comparison

Industry: LPG/CNG/PNG/LNG Supplier · 4 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 GUJENERGY GUJARAT ENERGY ₹235.51 22,096 13.0 23,001 1,706 12.5% 7.4% — — 67.0% 84.2%
2 MGL Mahanagar Gas ₹1,077.70 10,645 14.9 9,156 715 14.1% 7.8% 13.6% -19.3% 4.0% -39.4%
3 CONFIPET Confidence Petroleum ₹86.58 2,877 21.4 6,001 138 6.8% 2.3% 49.6% 5.5% 116.6% 205.9%
4 IRMENERGY IRM Energy ₹271.60 1,115 6.7 3,696 166 9.5% 4.5% 256.3% 265.3% 5.2% 190.4%
❓ Frequently asked questions
What was Mahanagar Gas Limited's revenue in Q1 FY27?
Mahanagar Gas Limited reported revenue of ₹2,373 crore for the quarter ended June 2026 (Q1 FY27), up 4.0% from ₹2,282 crore in the same quarter last year, and up 5.0% sequentially over the March 2026 quarter.
What was Mahanagar Gas Limited's net profit in Q1 FY27?
Net profit fell 39.4% year-on-year to ₹193 crore, from ₹318 crore. Earnings per share (EPS) came in at ₹19.54.
What is MGL's market capitalisation and P/E ratio?
At the current price of ₹1,054.00, MGL has a market capitalisation of ₹10,411 crore and a trailing P/E of about 14.6.
Who owns Mahanagar Gas Limited? (shareholding pattern)
As of Sep 2026, promoters held 32.50%, foreign institutional investors (FIIs) 23.46%, domestic institutional investors (DIIs) 22.26%, the government 10.00%, public shareholders 11.78% of Mahanagar Gas Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI