Mahanagar Gas (MGL.NS) Stock Price
Mahanagar Gas Price
Over the last 15 years Mahanagar Gas grew revenue by 14.7% annually, reaching 82.46 B INR. Earnings per share have grown at 9.2% per year over the last 15 years. For Mahanagar Gas, the net margin of 10.2% is down versus 16.9% a few years ago. At today's price the dividend yield works out to roughly 2.86%. The payout ratio is around 28% of earnings. The dividend has grown at 11.6% per year over the past 10 years. The consensus 12-month price target for Mahanagar Gas is 1,532.04 INR, about 46.1% above where the stock trades today. Of 34 analysts, 23 rate the stock a buy — an overall Buy consensus.
Mahanagar Gas stock price
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Mahanagar Gas business model & stock analysis
Frequently asked questions about Mahanagar Gas
The business model of Mahanagar Gas Ltd revolves around being a leading natural gas distribution company in the city of Mumbai, India. The company primarily focuses on the distribution of compressed natural gas (CNG) for vehicles and piped natural gas (PNG) for households, commercial establishments, and industries. Mahanagar Gas Ltd aims to provide a clean and efficient fuel alternative, contributing to a sustainable environment. With a strong infrastructure network, effective customer service, and continuous innovation, Mahanagar Gas Ltd has become the trusted choice for energy solutions in Mumbai.
Mahanagar Gas Ltd is primarily active in the natural gas industry.
The main competitors of Mahanagar Gas Ltd in the market include Indraprastha Gas Ltd (IGL) and Gujarat Gas Ltd.
Mahanagar Gas Ltd, established in 1995, is a prominent player in the natural gas distribution sector in India. It is a joint venture between GAIL (India) Ltd and British Gas (now known as BG Group). Mahanagar Gas operates in the Mumbai Metropolitan Region, supplying compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to residential, commercial, and industrial customers. With a strong infrastructure network and extensive experience, Mahanagar Gas has consistently provided reliable and eco-friendly fuel solutions. The company's commitment to safety, sustainability, and customer satisfaction has made it a leading name in the energy sector.
Mahanagar Gas Ltd, a prominent player in the gas distribution industry, has successfully achieved several significant milestones over the years. The company established its presence in Mumbai and became the sole authorized distributor of compressed natural gas (CNG) and piped natural gas (PNG) in the city. Mahanagar Gas Ltd expanded its operations by setting up new CNG stations and pipelines, ensuring a steady supply of clean and affordable energy to households, industries, and vehicles. With a strong focus on customer service and reliability, the company has consistently grown its customer base and received several prestigious awards for its outstanding performance in the sector.
Mahanagar Gas Ltd is primarily present in the Mumbai Metropolitan Region (MMR) of India. Operating in the economic capital of India, Mahanagar Gas Ltd serves the areas of Mumbai, Thane, and Navi Mumbai. With a strong presence in the MMR, Mahanagar Gas Ltd has established itself as a leading provider of natural gas in this region. The company has a robust infrastructure and a wide network of pipelines, ensuring a reliable and efficient supply of natural gas to households, commercial establishments, and industries in the MMR. Serving the needs of this densely populated region, Mahanagar Gas Ltd has become a key player in the Indian gas sector.
Mahanagar Gas Ltd represents a set of strong values and a progressive corporate philosophy. The company's core values include integrity, transparency, and customer focus. Mahanagar Gas is committed to delivering safe, reliable, and clean natural gas, promoting energy efficiency and sustainable development. Emphasizing on quality, the company ensures strict adherence to safety standards and compliance with regulatory requirements. Known for its efficient distribution network and superior service, Mahanagar Gas aims to contribute to the economic growth of its stakeholders while fulfilling its social and environmental responsibilities.
Analysts currently set an average price target of 1,482.62 INR for the Mahanagar Gas stock (median: 1,532.04 INR), implying +41.4 % versus the latest price. The consensus is based on 34 analyst ratings.
34 analysts currently rate the Mahanagar Gas stock: 23 recommend buying, 7 holding and 4 selling.
Converted at the current exchange rate, the Mahanagar Gas share trades at 9.89 EUR (1,048.50 INR).
The Mahanagar Gas share (MGL.NS) is listed on 2 stock exchanges, including: NSE (Indien) (MGL.NS).
Mahanagar Gas Ltd (MGL) is a leading company in the gas supply industry in Mumbai, India. The company offers a wide range of products and services, including the delivery of natural gas to industrial, commercial, and residential customers, as well as compressed natural gas (CNG) to vehicle owners. In addition, MGL also provides services such as gas bill processing, repair and maintenance of gas appliances, and energy efficiency consulting. The business model of MGL is based on an integrated gas supply chain - from the procurement and transportation of natural gas to the distribution to end consumers. The company sources natural gas from various sources, including domestic and international suppliers, and transports it through a pipeline network to its compression stations. From there, the gas is compressed and loaded onto tanker trucks for delivery to its customers who use it for various applications. MGL also operates a fleet of CNG stations that provide a clean and cost-effective alternative to conventional fuels for vehicles. CNG is picked up by customers directly at the station and has the advantage of emitting fewer emissions into the environment than gasoline or diesel. MGL has also developed mobile CNG stations to serve customers in remote areas. In addition to gas deliveries and CNG services, MGL also offers consulting services to improve the energy efficiency of its customers. These services include analyzing energy consumption, identifying opportunities to reduce energy costs, and developing strategies to utilize renewable energy resources such as solar power. MGL is also involved in the gas infrastructure sector, offering services such as construction, maintenance, and repair of gas pipelines and equipment. The company has extensive experience in implementing gas projects of various scales and has developed and implemented gas supply systems for national and international clients in the past. Overall, MGL utilizes its industry-leading expertise and diversified product range to offer its customers a comprehensive range of gas and energy efficiency services. The company aims to improve the energy efficiency of its customers, provide cleaner energy, and prioritize safety aspects. Through a strong commitment to quality and reliability, MGL has gained the trust of its customers and partners and has become one of the most successful gas supply companies in India.
The revenue of Mahanagar Gas is 82.46 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of Mahanagar Gas is 8.41 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Mahanagar Gas is currently 12.31. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Mahanagar Gas stock.
The price-to-sales ratio (P/S) of Mahanagar Gas is currently 1.26. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Mahanagar Gas stock.
The Eulerpool Quality Score for Mahanagar Gas is 9/10.
The ISIN of Mahanagar Gas is INE002S01010. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Mahanagar Gas is MGL.NS. The ticker symbol is used to trade Mahanagar Gas shares on the stock exchange.
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All fundamentals and in-depth analysis of Mahanagar Gas
Our stock analysis for Mahanagar Gas stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mahanagar Gas. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.