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 14.4
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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.
₹2,598 Cr
Sales · Jun 2026
+20.3% YoY
₹343 Cr
Operating Profit · Jun 2026
-29.3% YoY
13.2%
OPM % · Jun 2026
-41.3% YoY
₹194 Cr
Net Profit · Jun 2026
-40.3% YoY
₹19.61
EPS · Jun 2026
-40.3% YoY

📝 Mahanagar Gas Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Mahanagar Gas Limited reported revenue of ₹2,598 crore for the quarter ended June 2026 (Q1 FY27), up 20.3% from ₹2,160 crore in the same quarter last year, and up 15.0% sequentially over the March 2026 quarter.

Net profit fell 40.3% year-on-year to ₹194 crore, from ₹324 crore. Earnings per share (EPS) came in at ₹19.61.

Operating profit stood at ₹343 crore — an operating margin (OPM) of 13.2%, compared with 22.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mahanagar Gas Limited posted revenue of ₹8,939 crore, a growth of 17.8% over FY25, with a net profit of ₹852 crore (down 18.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹9,377 crore with a net profit of ₹721 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 14.4.

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 ?
14.44above ind
Industry P/E ?
13.40
P/B ?
1.62
P/S ?
1.11
P/FCF ?
119.67
Enterprise Value ?
₹10,630 Cr
EV/EBITDA ?
8.22
PEG ?
7.22
Earnings Yield ?
8.2%
Dividend Yield ?
2.91%
Profitability & Returns
Sales (TTM) ?
₹9,377 Cr
OPM ?
13.8%
Profit after tax (TTM) ?
₹721 Cr
EPS (TTM) ?
₹72.99
ROCE ?
18.0%
ROE ?
11.2%
ROA ?
8.0%
Growth
Sales — latest qtr ?
₹2,598 Cr
PAT — latest qtr ?
₹194 Cr
YoY qtr sales growth ?
20.3%
YoY qtr profit growth ?
-40.3%
Sales growth (3y) ?
9%
Sales growth (5y) ?
31%
Profit growth (3y) ?
2%
Profit growth (5y) ?
6%
Financial Health
Debt ?
₹219 Cr
Debt to Equity ?
0.03
Interest Coverage ?
52.6
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 1,6101,5381,5711,7241,7191,7451,8771,9292,0392,1602,2552,2662,2582,598 +20.3% +15.0%
Operating Profit 390521479449394418399314378485338352260343 -29.3% +31.7%
Other Income 3439444845405146463929292930 -21.5% +4.8%
Interest 23234333445656 +54.9% +20.1%
Depreciation 64626668787273798283104103106109 +31.4% +2.3%
Profit Before Tax 357496454426357384373278339438258272178259 -40.8% +45.2%
Net Profit 269368338317265285283225252324193202132194 -40.3% +46.8%
EPS 27.2137.3034.2732.1126.8328.8028.6322.8225.5332.8319.5820.4513.3519.61 -40.3% +46.9%
OPM % 24.2% 33.9% 30.5% 26.0% 22.9% 24.0% 21.2% 16.3% 18.6% 22.5% 15.0% 15.5% 11.5% 13.2% -41.3% +14.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,590 Cr ₹8,939 Cr ₹9,377 Cr +17.8%
Operating Profit ₹1,510 Cr ₹1,436 Cr ₹1,293 Cr -4.9%
OPM % 19.89% 16.06% 13.79% -19.3%
NPM % 13.77% 9.53% 7.69% -30.8%
Other Income ₹184 Cr ₹126 Cr ₹118 Cr -31.5%
Depreciation ₹306 Cr ₹396 Cr ₹422 Cr +29.2%
Interest ₹13 Cr ₹20 Cr ₹22 Cr +47.3%
EBIT ₹1,204 Cr ₹1,040 Cr ₹872 Cr -13.6%
PBT ₹1,374 Cr ₹1,146 Cr ₹967 Cr -16.6%
Tax ₹329 Cr ₹294 Cr ₹246 Cr -10.5%
Net Profit ₹1,045 Cr ₹852 Cr ₹721 Cr -18.5%
EPS ₹105.78 ₹86.21 ₹72.99 -18.5%
Material Cost ₹4,458 Cr ₹5,559 Cr ₹6,056 Cr +24.7%
Employee Cost ₹138 Cr ₹174 Cr ₹186 Cr +26.2%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 99999999 +0.0%
Reserves 4,0355,0445,7916,335 +9.4%
Borrowings 115139164219 +33.5%
Other Liabilities 1,7831,9442,1502,312 +7.5%
Total Liabilities 6,0327,2268,2048,965 +9.3%
Fixed Assets 3,0263,5434,1045,373 +30.9%
CWIP 7097749741,259 +29.3%
Investments 1,3101,6361,7401,169 -32.8%
Other Assets 9881,2731,3851,163 -16.0%
Total Assets 6,0327,2268,2048,965 +9.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9691,5631,3681,147 -16.2%
Cash from Investing Activity -649-1,267-1,001-874 +12.7%
Cash from Financing Activity -285-312-336-368 -9.5%
Net Cash Flow 35-1532-95 -396.9%
Free Cash Flow 25779330087 -71.0%
CFO/OP 104%108%108%97% -10.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 17161820 +11.1%
Inventory Days 3444 +0.0%
Days Payable 26343431 -8.8%
Cash Conversion Cycle -7-13-12-6 +50.0%
Working Capital Days -63-72-70-11 +84.3%
ROCE % 27%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 ₹2,598 crore for the quarter ended June 2026 (Q1 FY27), up 20.3% from ₹2,160 crore in the same quarter last year, and up 15.0% sequentially over the March 2026 quarter.
What was Mahanagar Gas Limited's net profit in Q1 FY27?
Net profit fell 40.3% year-on-year to ₹194 crore, from ₹324 crore. Earnings per share (EPS) came in at ₹19.61.
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 14.4.
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