Mahanagar Gas share price
NSE: MGLOil & GasUtilities - Regulated Gas
Mahanagar Gas at a glance
Mahanagar Gas (NSE: MGL) closed at ₹1,040.00 on 19 Oct 2026, down 1.55% on the day. With a market capitalisation of ₹10,273 Cr, it ranks 552nd by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Oil & Gas sector; its industry is Utilities - Regulated Gas.
At its last close the stock traded at 12.2× trailing earnings. Over the past year the share price has fallen 19.7%. Its 52-week range is ₹900.00 (23 Mar 2026) to ₹1,314.00 (27 Oct 2025); the last close is 20.9% below the high. In Q1 FY27, the quarter ended 30 Jun 2026, revenue was ₹2,373 Cr (+13.9% year on year) and net profit ₹193 Cr (−39.4%), on a consolidated basis. Promoters held 32.50% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹10,273 CrRank 552 on NSE
- P/E (trailing)
- 12.2×
- Price to book
- 1.6×FY26
- EPS (TTM)
- ₹72.42to Q1 FY27
- Debt to equity
- 0.03FY26
- Net profit margin
- 8.4%FY26
- Book value / share
- ₹652.13FY26
- 52-week high
- ₹1,314.0027 Oct 2025
- 52-week low
- ₹900.0023 Mar 2026
- 1-year return
- −19.7%
- RSI (14-day)
- 44.2
Returns to 19 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | −1.55% | +2.1% | −2.5% | −4.7% | −19.7% |
Mahanagar Gas quarterly results
| Quarter | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,786 Cr | ₹1,847 Cr | ₹1,964 Cr | ₹2,083 Cr | ₹2,050 Cr | ₹2,060 Cr | ₹2,052 Cr | ₹2,373 Cr |
| Revenue YoY | +13.7% | +17.8% | +21.8% | +25.0% | +14.8% | +11.5% | +4.5% | +13.9% |
| Net profit | ₹284 Cr | ₹221 Cr | ₹248 Cr | ₹319 Cr | ₹193 Cr | ₹202 Cr | ₹131 Cr | ₹193 Cr |
| Net profit YoY | −16.2% | −30.3% | −1.7% | +10.3% | −31.9% | −8.7% | −47.1% | −39.4% |
| Net margin | 15.9% | 12.0% | 12.6% | 15.3% | 9.4% | 9.8% | 6.4% | 8.1% |
| EPS | ₹28.70 | ₹22.39 | ₹25.01 | ₹32.18 | ₹19.37 | ₹20.36 | ₹13.15 | ₹19.54 |
Mahanagar Gas financials
| Item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹6,277 Cr | ₹6,267 Cr | ₹7,228 Cr | ₹8,207 Cr |
| Operating profit | ₹962 Cr | ₹1,577 Cr | ₹1,224 Cr | ₹1,049 Cr |
| Net profit | ₹790 Cr | ₹1,285 Cr | ₹1,040 Cr | ₹841 Cr |
| EPS (₹) | ₹79.98 | ₹130.06 | ₹105.31 | ₹85.15 |
| Cash from operations | ₹969 Cr | ₹1,568 Cr | ₹1,407 Cr | ₹1,162 Cr |
| Total debt | ₹115 Cr | ₹141 Cr | ₹201 Cr | ₹223 Cr |
| Shareholders' equity | ₹4,134 Cr | ₹5,135 Cr | ₹5,892 Cr | ₹6,442 Cr |
Mahanagar Gas shareholding pattern
| Holder | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|
| Promoters | 32.50% | 32.50% |
| Foreign institutions | 24.14% | 23.21% |
| Domestic institutions | 21.01% | 22.53% |
| Non-institutions | 12.35% | 11.75% |
Mahanagar Gas vs peers
The listed Oil & Gas companies nearest to Mahanagar Gas by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| CHENNPETROChennai Petroleum Corporation | ₹1,432.80 | +1.62% | +79.1% | ₹21,336 Cr | 6.9 | 27.9% |
| CASTROLINDCastrol India | ₹196.50 | −0.88% | +0.8% | ₹19,436 Cr | 20.3 | 50.0% |
| SPLPETROSupreme Petrochem | ₹756.25 | −1.79% | −6.3% | ₹14,221 Cr | 43.2 | 13.9% |
| MGLMahanagar Gas | ₹1,040.00 | −1.55% | −19.7% | ₹10,273 Cr | 12.2 | — |
| FINPIPEFinolex Industries | ₹151.49 | −1.08% | −21.5% | ₹9,400 Cr | 15.6 | — |
| KAMAHOLDKama Holdings | ₹2,265.00 | +0.22% | — | ₹7,269 Cr | — | — |
| GULFOILLUBGulf Oil Lubricants India | ₹1,060.10 | −3.01% | −9.7% | ₹5,249 Cr | 14.5 | — |
Ask anything about Mahanagar Gas
Pivot answers on the live chart with evidence you can check, and tests strategies against MGL's own history. Try: “Why has MGL moved over the last three months?” · “Backtest a 50-day moving-average crossover on MGL over five years” · “Compare MGL with CHENNPETRO on margins and valuation”
Frequently asked questions about Mahanagar Gas
What is the share price of Mahanagar Gas today?
Mahanagar Gas (NSE: MGL) last closed at ₹1,040.00 on 19 Oct 2026. Its 52-week high is ₹1,314.00 and its 52-week low is ₹900.00.
What is the market cap of Mahanagar Gas?
Mahanagar Gas' market capitalisation is ₹10,273 Cr (₹10,273 Cr) at the 19 Oct 2026 close, ranking 552nd among the NSE companies Pivot tracks.
What is the P/E ratio of Mahanagar Gas?
Mahanagar Gas trades at a trailing P/E of 12.2. The median P/E of the 5 closest Oil & Gas peers by market cap is 15.6.
Is Mahanagar Gas a debt-free company?
Mahanagar Gas is close to debt-free: its debt-to-equity ratio was 0.03 in FY26.
What were Mahanagar Gas' latest quarterly results?
For Q1 FY27 (quarter ended 30 Jun 2026), Mahanagar Gas reported revenue of ₹2,373 Cr, +13.9% year on year, and net profit of ₹193 Cr, −39.4% year on year.
How has Mahanagar Gas stock performed over the last year?
Mahanagar Gas' share price has fallen 19.7% over the past year, −4.7% over three months and −2.5% over one month, to the 19 Oct 2026 close.
What is the shareholding pattern of Mahanagar Gas?
As of 30 Jun 2026: promoters 32.50%, foreign institutions 23.21%, domestic institutions 22.53%, non-institutions 11.75%.
Who are Mahanagar Gas' competitors?
The listed Oil & Gas companies closest to Mahanagar Gas by market cap are Chennai Petroleum Corporation, Castrol India, Supreme Petrochem, Finolex Industries, Kama Holdings and Gulf Oil Lubricants India.
Is Mahanagar Gas a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Mahanagar Gas' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on MGL against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 19 Oct 2026 (returns and ratios at the 19 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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