Mahanagar Gas

₹1301.2 -28.7 | 2.2%

WEBSITE BSE:539957 NSE : MGL 10 May, 16:01

Market Cap ₹12852 Cr.

Stock P/E 10.1

P/B 2.5

Current Price ₹1301.2

Book Value ₹ 520.7

Face Value 10

52W High ₹1579

Dividend Yield 2.31%

52W Low ₹ 970.6

Edit Ratio

Mahanagar Gas Research see more...

Overview Inc. Year: 1995Industry: Gas Transmission/Marketing

Mahanagar Gas Ltd is a city gas distribution organization. The Company is engaged within the distribution of CNG and PNG in Mumbai and its adjacent areas and inside the Raigad district of Maharashtra, India. It additionally substances CNG for motors, consisting of rickshaws, taxis and cars in Mumbai, Thane, Mira-Bhayander, Navi Mumbai. It substances CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial motors (LCVs)/ tempos/ trucks/private buses. It gives PNG for domestic, commercial and commercial motive. It gives PNG for various industries, which includes metal, prescribed drugs, meals and drinks, printing and dyeing, oil mills, power generation and aircon. It additionally installs gas geysers. Its industrial PNG has diverse packages in hospitals, hotels, power, charitable trusts and industries.

Mahanagar Gas Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Mahanagar Gas Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Jun 2023	Sep 2023
Net Sales	727	784	667	908	1123	1188	1593	1718	1690	1729
Other Income	20	17	19	23	22	23	20	26	39	44
Total Income	748	801	685	930	1145	1210	1613	1744	1729	1773
Total Expenditure	411	468	363	606	1020	972	1308	1465	1169	1250
Operating Profit	337	333	323	324	125	238	306	279	560	523
Interest	2	2	2	2	2	2	2	2	3	2
Depreciation	44	45	45	47	48	56	54	55	62	66
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	291	287	276	275	75	180	250	221	496	454
Provision for Tax	74	74	72	71	18	49	64	57	127	116
Profit After Tax	217	213	204	204	57	132	185	164	368	339
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	217	213	204	204	57	132	185	164	368	339
Adjusted Earnings Per Share	22	21.5	20.7	20.7	5.7	13.3	18.7	16.6	37.3	34.3

Mahanagar Gas Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1514	1885	2095	2078	2034	2233	2791	2972	2153	3560	6299	6730
Other Income	32	34	41	48	54	58	78	99	84	87	112	129
Total Income	1546	1920	2136	2126	2088	2291	2869	3071	2236	3647	6411	6859
Total Expenditure	1032	1397	1605	1569	1391	1453	1906	1920	1222	2637	5115	5192
Operating Profit	515	523	530	556	697	838	963	1152	1014	1010	1296	1668
Interest	1	0	1	2	1	0	0	7	7	8	9	9
Depreciation	71	81	80	83	95	111	126	162	174	196	231	237
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	442	442	449	472	601	727	837	984	834	806	1056	1421
Provision for Tax	144	145	148	161	207	249	291	190	214	209	265	364
Profit After Tax	299	297	301	311	393	478	546	794	620	597	790	1056
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	299	297	301	311	393	478	546	794	620	597	790	1056
Adjusted Earnings Per Share	33.4	33.3	33.7	34.8	39.8	48.4	55.3	80.3	62.7	60.4	80	106.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	77%	28%	23%	15%
Operating Profit CAGR	28%	4%	9%	10%
PAT CAGR	32%	-0%	11%	10%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	18%	4%	8%	NA%
ROE Average	20%	19%	22%	23%
ROCE Average	28%	26%	31%	33%

Mahanagar Gas Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	1183	1297	1407	1728	1840	2095	2399	2953	3232	3597	4134
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	10	8	16	4	3	1	0	0	0	0	0
Other Non-Current Liabilities	80	94	111	132	152	190	221	229	258	310	337
Total Current Liabilities	511	576	632	506	630	723	821	947	1111	1327	1561
Total Liabilities	1783	1974	2166	2370	2624	3010	3441	4128	4601	5234	6032
Fixed Assets	926	991	1064	1129	1305	1532	1763	2049	2169	2614	3026
Other Non-Current Assets	342	371	411	503	525	503	504	574	678	775	1000
Total Current Assets	515	612	691	739	795	975	1174	1505	1754	1845	2006
Total Assets	1783	1974	2166	2370	2624	3010	3441	4128	4601	5234	6032

Mahanagar Gas Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	17	13	26	17	22	7	15	27	15	28	82
Cash Flow from Operating Activities	439	398	427	419	532	652	685	985	806	904	969
Cash Flow from Investing Activities	-285	-200	-261	-222	-263	-419	-439	-755	-444	-539	-649
Cash Flow from Financing Activities	-157	-185	-176	-191	-284	-226	-235	-242	-349	-310	-285
Net Cash Inflow / Outflow	-3	13	-10	5	-15	8	12	-11	13	54	35
Closing Cash & Cash Equivalent	13	26	16	22	7	15	27	15	28	82	118

Mahanagar Gas Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	33.41	33.27	33.69	34.8	39.83	48.38	55.32	80.33	62.72	60.43	79.98
CEPS(Rs)	41.37	42.31	42.64	44.04	49.46	59.63	68.06	96.71	80.31	80.3	103.38
DPS(Rs)	17.5	17.5	17.5	17.5	19	19	20	35	23	25	26
Book NAV/Share(Rs)	132.37	145.17	157.54	193.46	186.28	212.13	242.86	298.92	327.24	364.17	418.53
Core EBITDA Margin(%)	29.24	23.79	21.37	22.27	28.71	31.8	28.97	32.24	39.81	23.76	17.11
EBIT Margin(%)	26.86	21.54	19.66	20.74	26.87	29.62	27.39	30.33	35.96	20.95	15.39
Pre Tax Margin(%)	26.79	21.53	19.61	20.64	26.83	29.62	27.38	30.13	35.66	20.75	15.25
PAT Margin (%)	18.08	14.49	13.13	13.6	17.57	19.48	17.87	24.31	26.5	15.37	11.42
Cash Profit Margin (%)	22.39	18.42	16.62	17.22	21.82	24.01	21.99	29.26	33.93	20.42	14.75
ROA(%)	17.93	15.82	14.54	13.71	15.75	16.96	16.94	20.97	14.2	12.14	14.03
ROE(%)	26.54	23.98	22.26	19.83	22.05	24.29	24.32	29.66	20.03	17.48	20.44
ROCE(%)	39.07	35.4	33.03	30.02	33.65	36.89	37.25	37	27.19	23.83	27.55
Receivable days	19.08	17.74	16.36	15.06	15.23	13.62	11.22	9.39	15.3	14.64	12.61
Inventory Days	3.1	2.64	2.65	2.83	3.41	3.55	2.57	2.11	3.18	2.33	1.62
Payable days	27.62	30.74	30.75	33.18	41.52	40.81	34.24	37.6	70.24	38.16	24.45
PER(x)	0	0	0	0	22.47	19.9	18.93	10.18	18.61	12.9	12.31
Price/Book(x)	0	0	0	0	4.8	4.54	4.31	2.74	3.57	2.14	2.35
Dividend Yield(%)	0	0	0	0	2.12	1.97	1.91	4.28	1.97	3.21	2.64
EV/Net Sales(x)	0.02	0	-0.02	-0.04	4.28	4.22	3.6	2.64	5.12	2.03	1.51
EV/Core EBITDA(x)	0.06	0.02	-0.08	-0.15	12.5	11.24	10.43	6.82	10.86	7.16	7.33
Net Sales Growth(%)	15.69	24.48	11.13	-0.79	-2.13	9.79	24.99	6.49	-27.58	65.4	76.94
EBIT Growth(%)	-2.39	-0.32	1.93	5.18	26.98	20.76	15.23	18.25	-15.08	-3.21	30.86
PAT Growth(%)	-3	-0.42	1.26	3.28	26.55	21.46	14.34	45.23	-21.92	-3.65	32.35
EPS Growth(%)	-3	-0.42	1.26	3.28	14.46	21.46	14.34	45.23	-21.92	-3.65	32.35
Debt/Equity(x)	0.01	0.01	0.01	0	0	0	0	0	0	0	0
Current Ratio(x)	1.01	1.06	1.09	1.46	1.26	1.35	1.43	1.59	1.58	1.39	1.29
Quick Ratio(x)	0.98	1.04	1.07	1.42	1.22	1.32	1.41	1.57	1.56	1.37	1.26
Interest Cover(x)	414.65	2131.1	373.86	213.25	589.25	8037.65	2593.66	151.73	116.87	108.07	113.41
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0	0

Mahanagar Gas Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	32.5	32.5	32.5	32.5	32.5	32.5	32.5	32.5	32.5	32.5
FII	25.32	24.98	25.81	28.37	29.73	30.95	32.38	30.51	30.85	30.55
DII	29.05	27.35	26.06	25.57	25.61	24.93	25.16	26.1	27.23	27.4
Public	13.13	15.18	15.63	13.55	12.16	11.61	9.96	10.89	9.42	9.55
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	3.21	3.21	3.21	3.21	3.21	3.21	3.21	3.21	3.21	3.21
FII	2.5	2.47	2.55	2.8	2.94	3.06	3.2	3.01	3.05	3.02
DII	2.87	2.7	2.57	2.53	2.53	2.46	2.48	2.58	2.69	2.71
Public	1.3	1.5	1.54	1.34	1.2	1.15	0.98	1.08	0.93	0.94
Others	0	0	0	0	0	0	0	0	0	0
Total	9.88	9.88	9.88	9.88	9.88	9.88	9.88	9.88	9.88	9.88

Pros

Debtor days have improved from 38.16 to 24.45days.
Company is almost debt free.

Cons

Promoter holding is low: 32.5%.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Mahanagar Gas News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Mahanagar Gas

Add Watchlist

Mahanagar Gas Research see more...

Overview Inc. Year: 1995Industry: Gas Transmission/Marketing

Mahanagar Gas Share Price

Alert Data

Quarterly Price

Peer Comparison

Mahanagar Gas Quarterly Results

Mahanagar Gas Profit & Loss

Growth Rates

Mahanagar Gas Balance Sheet

Mahanagar Gas Cash Flow

Mahanagar Gas Ratios

Mahanagar Gas Shareholding Pattern

Mahanagar Gas News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!