Stock MGL MAHANAGAR GAS LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Mahanagar Gas Limited

Equities

MGL

INE002S01010

Natural Gas Utilities

Market Closed - NSE India S.E.
Other stock markets
 05:19:10 14/05/2024 pm IST 		5-day change 1st Jan Change
1,318 INR +2.49% Intraday chart for Mahanagar Gas Limited -1.48% +9.78%
13/05 Nomura Adjusts Mahanagar Gas’ Price Target to INR1,250 From INR1,110, Keeps at Neutral MT
13/05 Jefferies Adjusts Mahanagar Gas’ Price Target to INR1,600 From INR1,540, Keeps at Buy MT

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,04,215 80,845 1,15,466 76,953 97,143 1,27,008 - -
Enterprise Value (EV) 1 1,01,227 78,550 1,10,348 61,418 81,766 1,32,146 1,11,710 1,09,039
P/E ratio 19.1 x 10.2 x 18.6 x 12.9 x 12.3 x 10.5 x 11.3 x 11 x
Yield 1.9% 4.28% 1.97% 3.21% 2.64% 2.2% 3.12% 3.33%
Capitalization / Revenue 3.73 x 2.72 x 5.36 x 2.16 x 1.54 x 2.16 x 2.03 x 1.9 x
EV / Revenue 3.63 x 2.64 x 5.13 x 1.73 x 1.3 x 2.12 x 1.78 x 1.63 x
EV / EBITDA 11.4 x 7.46 x 11.8 x 6.64 x 6.9 x 7.17 x 6.86 x 6.39 x
EV / FCF 31.4 x 14.3 x 23.7 x 27.1 x 31.9 x 16.7 x 15.5 x 14.4 x
FCF Yield 3.18% 6.97% 4.22% 3.69% 3.14% 6% 6.44% 6.94%
Price to Book 4.34 x 2.74 x 3.57 x 2.14 x 2.35 x 2.62 x 2.17 x 1.96 x
Nbr of stocks (in thousands) 98,778 98,778 98,778 98,778 98,778 98,778 - -
Reference price 2 1,055 818.4 1,169 779.0 983.4 1,286 1,286 1,286
Announcement Date 09/05/19 10/06/20 24/05/21 10/05/22 08/05/23 09/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 27,911 29,721 21,523 35,602 62,993 62,445 62,623 66,887
EBITDA 1 8,854 10,528 9,340 9,243 11,842 18,426 16,281 17,077
EBIT 1 7,595 8,911 7,603 7,280 9,530 15,690 13,312 13,825
Operating Margin 27.21% 29.98% 35.32% 20.45% 15.13% 25.13% 21.26% 20.67%
Earnings before Tax (EBT) 1 8,369 9,835 8,336 8,063 10,555 17,328 15,327 15,753
Net income 1 5,464 7,935 6,196 5,970 7,900 12,891 11,209 11,597
Net margin 19.58% 26.7% 28.79% 16.77% 12.54% 20.64% 17.9% 17.34%
EPS 2 55.31 80.33 62.72 60.43 79.98 130.5 113.8 116.6
Free Cash Flow 1 3,219 5,477 4,660 2,264 2,566 7,922 7,191 7,567
FCF margin 11.53% 18.43% 21.65% 6.36% 4.07% 12.69% 11.48% 11.31%
FCF Conversion (EBITDA) 36.36% 52.02% 49.89% 24.49% 21.67% 43% 44.17% 44.31%
FCF Conversion (Net income) 58.92% 69.03% 75.21% 37.92% 32.48% 61.46% 64.15% 65.25%
Dividend per Share 2 20.00 35.00 23.00 25.00 26.00 30.00 40.17 42.75
Announcement Date 09/05/19 10/06/20 24/05/21 10/05/22 08/05/23 09/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 15,411 7,685 6,664 7,177 6,155 8,301 - 11,229 10,868 14,548 15,627 18,384 16,105 15,378 15,987 15,615 15,614 -
EBITDA 1 5,502 3,011 3,167 3,162 3,040 3,018 6,058 1,031 2,155 2,856 2,528 2,561 3,897 5,213 4,930 4,307 4,272 -
EBIT 1 - - 2,726 2,713 2,587 2,298 - 548.9 1,600 2,319 1,977 1,976 3,259 4,592 4,070 3,325 3,528 -
Operating Margin - - 40.91% 37.81% 42.03% 27.68% - 4.89% 14.72% 15.94% 12.65% 10.75% 20.23% 29.86% 25.46% 21.29% 22.59% -
Earnings before Tax (EBT) 1 5,144 - 2,913 2,866 2,756 2,750 - 751.8 1,804 2,496 2,212 2,274 3,573 4,957 4,595 3,964 3,948 -
Net income 1 4,409 - 2,172 2,128 2,041 2,043 - 567.9 1,318 1,852 1,640 1,721 2,688 3,684 3,279 2,982 3,037 -
Net margin 28.61% - 32.59% 29.65% 33.16% 24.61% - 5.06% 12.13% 12.73% 10.49% 9.36% 16.69% 23.96% 20.51% 19.09% 19.45% -
EPS 2 44.63 - 21.99 21.54 20.66 20.68 - 5.750 13.34 18.75 16.60 17.42 27.21 37.30 32.04 27.62 31.17 -
Dividend per Share 2 - - 9.000 14.00 14.00 9.500 - 9.500 15.50 - 10.00 - - 7.310 7.310 7.310 13.16 8.198
Announcement Date 11/11/19 12/11/20 09/02/21 24/05/21 28/07/21 26/10/21 26/10/21 08/02/22 10/05/22 06/08/22 11/11/22 02/02/23 08/05/23 03/08/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 2,988 2,295 5,119 15,535 15,377 2,592 15,299 17,970
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 3,219 5,477 4,660 2,264 2,566 7,922 7,191 7,567
ROE (net income / shareholders' equity) 24.3% 29.7% 20% 17.5% 20.4% 27.8% 20.4% 18.6%
ROA (Net income/ Total Assets) 16.9% 19.2% 14.2% 12.1% 14% 19.4% 15.1% 13.4%
Assets 1 32,256 41,285 43,647 49,175 56,331 66,291 74,352 86,865
Book Value Per Share 2 243.0 299.0 327.0 364.0 419.0 521.0 592.0 656.0
Cash Flow per Share 2 32.60 110.0 96.40 74.80 98.10 158.0 185.0 135.0
Capex 1 3,625 4,232 3,395 6,773 7,127 7,709 7,581 7,469
Capex / Sales 12.99% 14.24% 15.77% 19.02% 11.31% 12.34% 12.11% 11.17%
Announcement Date 09/05/19 10/06/20 24/05/21 10/05/22 08/05/23 09/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Mahanagar Gas Limited

Trading Rating
Investor Rating
ESG Refinitiv
D-
More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Natural Gas Distribution

1st Jan change Capi.
MAHANAGAR GAS LIMITED Stock Mahanagar Gas Limited
+9.78% 1.52B
THE HONG KONG AND CHINA GAS CO LTD Stock The Hong Kong and China Gas Co Ltd
+6.35% 15.1B
ENN ENERGY HOLDINGS LIMITED Stock ENN Energy Holdings Limited
+33.65% 11.02B
KUNLUN ENERGY COMPANY LIMITED Stock Kunlun Energy Company Limited
+17.33% 9.07B
CHINA RESOURCES GAS GROUP LIMITED Stock China Resources Gas Group Limited
+6.64% 8.13B
ENN NATURAL GAS CO.,LTD. Stock ENN Natural Gas Co.,Ltd.
+10.58% 7.92B
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P. Stock Grupo Energía Bogotá S.A. E.S.P.
+33.16% 5.98B
NEW FORTRESS ENERGY INC. Stock New Fortress Energy Inc.
-28.23% 5.55B
UGI CORPORATION Stock UGI Corporation
+0.24% 5.17B
BROOKFIELD INFRASTRUCTURE CORPORATION Stock Brookfield Infrastructure Corporation
-2.61% 4.91B
Natural Gas Distribution
  1. Stock Market
  2. Equities
  3. MGL Stock
  4. Financials Mahanagar Gas Limited
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW