TRINETRA › Sectors › Oil Gas & Consumable Fuels
Mahanagar Gas Limited (MGL) — share price, P/E and fundamentals
Mahanagar Gas Limited (NSE: MGL) closed at ₹1,045.70 on 30 Oct 2026, -18.5% over one year, against a 52-week range of ₹900.00 – ₹1,314.00.
In the quarter ended 30 Jun 2026 (consolidated, filed 30 Jul 2026) it reported revenue of ₹2,599 cr and net profit of ₹193 cr, a 7.4% net margin; revenue grew 13.9% and profit fell 40.2% year on year.
On four consecutive filed quarters its trailing P/E is 14.4; since 6 May 2025 its own P/E has ranged from 9.4 to 15.7 (median 12.5), and today's reading is higher than 86% of those 368 trading days.
From the balance sheet dated 31 Mar 2026: return on equity 12.0%, ROCE 15.1%, debt-to-equity 0.00, Piotroski F-score 6 of 9.
Against 18 Oil Gas & Consumable Fuels peers on NSE: Net margin higher than 47% of 17 sector peers; PBT margin higher than 47% of 17 sector peers; ROE higher than 29% of 17 sector peers.
Key figures
| Last close | ₹1,045.70 (30 Oct 2026) |
|---|---|
| Change 1 month / 6 months / 1 year | -3.1% / -7.5% / -18.5% |
| 52-week low – high | ₹900.00 – ₹1,314.00 |
| Market capitalisation | ₹10,329 cr |
| Trailing P/E | 14.4 |
| Price / book | 1.61 |
| EV / EBITDA | 7.3 |
| Earnings yield | 6.9% |
| TTM EPS | ₹72.43 |
| TTM net profit | ₹715 cr |
| Quarter revenue | ₹2,599 cr |
| Quarter net profit | ₹193 cr |
| Net margin | 7.4% |
| Revenue growth (YoY) | +13.9% |
| Profit growth (YoY) | -40.2% |
| Return on equity | 12.0% |
| ROCE | 15.1% |
| Debt / equity | 0.00 |
| Current ratio | 0.94 |
| Free cash flow | ₹87 cr |
| Piotroski F-score | 6 / 9 |
| Average daily turnover (50 days) | ₹17.0 cr |
Against Oil Gas & Consumable Fuels peers
| Metric | MGL | Peer median | Percentile |
|---|---|---|---|
| Net margin | 7.43 | 8.21 | 47 |
| PBT margin | 9.94 | 11.06 | 47 |
| ROE | 12.01 | 16.23 | 29 |
| ROCE | 15.05 | 16.21 | 47 |
| Debt / equity | 0.00 | 0.41 | 8 |
| Cash conversion | 1.38 | 1.45 | 44 |
| Trailing P/E | 14.44 | 14.43 | 56 |
| P/B | 1.61 | 1.72 | 41 |
Questions
What is the P/E ratio of Mahanagar Gas Limited?
Mahanagar Gas Limited's trailing P/E is 14.4, using the close of 30 Oct 2026 and earnings over the four filed quarters to 30 Jun 2026. Since 6 May 2025 its P/E has ranged 9.4–15.7.
What were Mahanagar Gas Limited's latest quarterly results?
For the quarter ended 30 Jun 2026, Mahanagar Gas Limited reported revenue of ₹2,599 cr and net profit of ₹193 cr (consolidated), filed with the exchange on 30 Jul 2026.
What is Mahanagar Gas Limited's ROE?
Return on equity is 12.0% based on the balance sheet dated 31 Mar 2026.
Does Mahanagar Gas Limited have debt?
Debt-to-equity is 0.00 on the balance sheet dated 31 Mar 2026.
What is MGL's 52-week high and low?
Over the last 52 weeks to 30 Oct 2026, MGL traded between ₹900.00 and ₹1,314.00.
Other Oil Gas & Consumable Fuels stocks
- Reliance Industries Limited (RELIANCE)
- Oil & Natural Gas Corporation Limited (ONGC)
- Indian Oil Corporation Limited (IOC)
- Bharat Petroleum Corporation Limited (BPCL)
- GAIL (India) Limited (GAIL)
- Oil India Limited (OIL)
- Hindustan Petroleum Corporation Limited (HINDPETRO)
- Adani Total Gas Limited (ATGL)
- Petronet LNG Limited (PETRONET)
- Aegis Logistics Limited (AEGISLOG)
- Mangalore Refinery and Petrochemicals Limited (MRPL)
- Aegis Vopak Terminals Limited (AEGISVOPAK)
Source: consolidated SEBI Integrated Filing for the quarter ended 30 Jun 2026 and NSE daily closes. Open the interactive terminal view for charts and the full statements.
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