Mahanagar Gas Limited MGL.NS · Stock Open Mahanagar Gas Limited in new tab
Mahanagar Gas Limited Analysis (MGL.NS)
Is Mahanagar Gas Limited a good investment? Mahanagar Gas Limited (MGL.NS) is currently trading at 1041.60 INR. Market analysts have a consensus price target of 1308.83 INR. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 14.47. This relatively low multiple may signal that Mahanagar Gas Limited is undervalued compared to historical market norms.
Earnings Schedule: Mahanagar Gas Limited is expected to release its next earnings report on Oct. 22, 2026. The market consensus estimate for Forward EPS is 93.46.
For income investors, Mahanagar Gas Limited pays a dividend yield of 2.76%. With a payout ratio of 25%, the dividend appears sustainable.
Investor FAQ
Does Mahanagar Gas Limited pay a dividend?
Yes, it pays an annual dividend of 30.00 INR (2.76% yield).
What asset class is Mahanagar Gas Limited?
Mahanagar Gas Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
When is the next earnings date?
The next earnings date is projected to be Oct. 22, 2026. The company currently has a trailing EPS of 72.45.
Company Profile
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households, domestic households, and commercial establishments and industries used for cooking and water heating, as well as by hospitals, nursing homes, hotels, flight kitchens, restaurants, and places of worship. It also supplies compressed natural gas (CNG) and liquefied natural gas (LNG) to vehicles; and sells pipes and fittings required for construction of pipeline infrastructure. The company operates 518 CNG stations connected to 32.14 lakh households; and 5,924 industrial and commercial customers through a pipeline network of 8320 kilometers comprising of carbon steel and polyethylene pipelines. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.
| Year | Total Dividends |
|---|---|
| ▸2027 |
30.22 INR
|
| Aug. 18, 2027 (estimated) | 18.0000 |
| March 4, 2027 (estimated) | 12.2222 |
| ▸2026 |
30.00 INR
|
| Aug. 18, 2026 | 18.0000 |
| March 9, 2026 | 12.0000 |
| ▸2025 |
30.00 INR
|
| Sept. 1, 2025 | 18.0000 |
| Feb. 27, 2025 | 12.0000 |
| ▸2024 |
30.00 INR
|
| Sept. 22, 2024 | 18.0000 |
| Feb. 22, 2024 | 12.0000 |
| ▸2023 |
26.00 INR
|
| Sept. 23, 2023 | 16.0000 |
| March 4, 2023 | 10.0000 |
| ▸2022 |
25.00 INR
|
| Sept. 23, 2022 | 15.5000 |
| March 10, 2022 | 9.5000 |
| ▸2021 |
23.00 INR
|
| Oct. 8, 2021 | 14.0000 |
| March 3, 2021 | 9.0000 |
| ▸2020 |
35.00 INR
|
| Oct. 6, 2020 | 25.5000 |
| March 16, 2020 | 9.5000 |
| ▸2019 |
20.00 INR
|
| Oct. 9, 2019 | 10.5000 |
| Feb. 28, 2019 | 9.5000 |
| ▸2018 |
19.00 INR
|
| Oct. 17, 2018 | 11.0000 |
| March 11, 2018 | 8.0000 |
| ▸2017 |
19.00 INR
|
| Oct. 25, 2017 | 11.0000 |
| March 13, 2017 | 8.0000 |
| ▸2016 |
17.50 INR
|
| Oct. 26, 2016 | 17.5000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Mahanagar Gas Limited | Aug 18, 2026 | Paid | 18.0 INR |
| Mahanagar Gas Limited | Mar 09, 2026 | Paid | 12.0 INR |
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