Valuation Mahanagar Gas Limited

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:03 08/05/2026 pm IST			5-day change	1st Jan Change
1,172.90 ^INR	-0.58%		+3.28%	+3.24%

09/05	Mahanagar Gas Limited, Q4 2026 Earnings Call, May 08, 2026
07/05	Mahanagar Gas Q4 pat 1.32 billion rupees	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,15,466	76,953	97,143	1,34,738	1,37,000	1,15,856	-	-
Change	-	-33.35%	26.24%	38.7%	1.68%	-15.43%	-	-
Enterprise Value (EV) ¹	1,10,348	61,418	81,766	1,30,753	1,23,307	1,03,158	1,05,123	98,708
Change	-	-44.34%	33.13%	59.91%	-5.69%	-16.34%	1.9%	-6.1%
P/E ratio	18.6x	12.9x	12.3x	10.5x	13.1x	10.8x	12.8x	11.7x
PBR	3.57x	2.14x	2.35x	2.62x	2.33x	1.78x	1.64x	1.5x
PEG	-	-3.53x	0.4x	0.2x	-0.7x	-0.6x	-8.42x	1.22x
Capitalization / Revenue	5.36x	2.16x	1.54x	2.16x	1.98x	1.11x	1.31x	1.2x
EV / Revenue	5.13x	1.73x	1.3x	2.09x	1.78x	1.28x	1.19x	1.02x
EV / EBITDA	11.8x	6.64x	6.9x	7.1x	8.17x	6.98x	7.06x	5.88x
EV / EBIT	14.5x	8.44x	8.58x	8.33x	10.2x	9.64x	9.82x	8.49x
EV / FCF	23.7x	27.1x	31.9x	16.5x	42.1x	25.9x	24.7x	17.5x
FCF Yield	4.22%	3.69%	3.14%	6.07%	2.38%	3.86%	4.06%	5.7%
Dividend per Share ²	23	25	26	30	30	29.61	26.29	32.74
Rate of return	1.97%	3.21%	2.64%	2.2%	2.16%	2.52%	2.24%	2.79%
EPS ²	62.72	60.43	79.98	130.5	105.8	85.73	91.66	100.4
Distribution rate	36.7%	41.4%	32.5%	23%	28.4%	31.8%	28.7%	32.6%
Net sales ¹	21,523	35,602	62,993	62,445	69,237	82,402	88,379	96,753
EBITDA ¹	9,340	9,243	11,842	18,426	15,098	14,511	14,895	16,777
EBIT ¹	7,603	7,280	9,530	15,690	12,035	10,419	10,703	11,624
Net income ¹	6,196	5,970	7,900	12,891	10,449	8,468	9,199	9,978
Net Debt ¹	-5,119	-15,535	-15,377	-3,985	-13,693	-12,698	-10,734	-17,149
Reference price ²	1,168.95	779.05	983.45	1,364.05	1,386.95	1,172.90	1,172.90	1,172.90
Nbr of stocks (in thousands)	98,778	98,778	98,778	98,778	98,778	98,778	-	-
Announcement Date	24/05/21	10/05/22	08/05/23	09/05/24	06/05/25	07/05/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MAHANAGAR GAS LIMITED	12.6x	1.28x	6.97x	2.52%	122.67Cr
THE HONG KONG AND CHINA GAS COMPANY LIMITED	22.62x	3.48x	14.91x	4.78%	1.74TCr
ITALGAS S.P.A.	14.11x	7.76x	10x	4.61%	1.24TCr
ENN NATURAL GAS CO., LTD.	12.44x	0.53x	4.51x	5.07%	923.2Cr
ENN ENERGY HOLDINGS LIMITED	9.32x	0.61x	5.72x	5.31%	864.93Cr
KUNLUN ENERGY COMPANY LIMITED	9.74x	0.21x	2.55x	5.12%	822.87Cr
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P.	14.72x	5.97x	21.24x	9.02%	745.41Cr
UGI CORPORATION	10.16x	-	-	4.64%	693.7Cr
SOUTHWEST GAS HOLDINGS, INC.	21.1x	5.44x	11.42x	2.84%	651.01Cr
Average	14.09x	3.16x	9.67x	4.88%	867.66Cr
Weighted average by Cap.	15.09x	3.52x	10.37x	5.08%