Global /India /Utilities /Utilities - Regulated Gas /MGL
chevron_leftBack

Mahanagar Gas Ltd.

MGL
NSE: MGL Delayed
1,323.10INR -1.5%
15.47 USD
As of 24 April 2025, Mahanagar Gas Ltd. has a market cap of $1.55B USD, ranking #6280 globally and #430 in India. It ranks #251 in the Utilities sector, and #39 in the Utilities - Regulated Gas industry.
Global Rank
6280
Country Rank
430
Sector Rank
251
Industry Rank
39
Key Stats
Market Cap
$1.55BUSD
132.71B INR
Enterprise Value
$1.38BUSD
118.12B INR
Revenue (TTM)
$809.14MUSD
69.12B INR
EBITDA (TTM)
$177.1MUSD
15.14B INR
Net Income (TTM)
$122.43MUSD
10.46B INR
EBITDA Margin
22%
Profit Margin
15%
PE Ratio
12.7
Company Profile
Country (HQ)
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
532
Founded
1995
Website
mahanagargas.com open_in_new
warningChart data may be delayed
1d 1w 1m 3m 6m 1y
-1.5% 2.1% -2.6% 5.2% -14% -3.4%
Upcoming Earnings
Earnings Date
Thu, May 8

Markets

Exchange Ticker Price
National Stock Exchange of India
MIC: XNSE
PRIMARY
MGL
Mahanagar Gas Ltd
ISIN: INE002S01010
Shares Out.:
98.778M1 Shares Float: 55.805M2
TV:
SA:
YF:
GF:
BA:
MGL
MS:
1.32K INR
Bombay Stock Exchange
MIC: XBOM
539957 (MGL)
Mahanagar Gas Ltd
ISIN: INE002S01010
TV:
SA:
YF:
GF:
BA:
MS:
1.34K INR
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About Mahanagar Gas Ltd.

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas (CNG) to transport sector. Further, the company supplies liquefied natural gas (LNG) to heavy motor vehicles. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. The company operates 348 CNG filling stations with 2,152 dispensing points; 608 kilometers of steel pipeline; and 6446 kilometers of poly-ethylene pipeline. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

Similar Companies

Industry: Utilities - Regulated Gas (India)
Name
Market Cap diff.
GAIL (India) Ltd.
GAIL
$14.87B
1.27T INR
857%
Adani Total Gas Ltd.
ATGL
$7.99B
682.82B INR
415%
Gujarat Gas Ltd.
GUJGASLTD
$3.66B
312.63B INR
136%
Indraprastha Gas Ltd.
IGL
$3.08B
263.41B INR
98%
Gujarat State Petronet Ltd.
GSPL
$2.1B
179.17B INR
35%
Industry: Utilities - Regulated Gas (Global)
Name
Market Cap diff.
Naturgy Energy Group, S.A.
NTGY
$27.87B
24.59B EUR
2K%
Atmos Energy Corp.
ATO
$25.35B
2K%
Snam S.p.A.
SRG
$18.87B
16.65B EUR
1K%
NiSource Inc.
NI
$18.5B
1K%
The Hong Kong and China Gas Company Ltd.
3
$16.86B
130.81B HKD
985%