Mahanagar Gas

Mahanagar Gas Interest Coverage

The Interest Coverage Ratio of Mahanagar Gas (MGL.NS) as of Oct 27, 2026 is 13.71. In the previous year, Interest Coverage Ratio was 13.57 — a change of 0.97% (higher).

Interest Coverage

13.71

YoY

0.97%

Last updated:

Interest Coverage Ratio of Mahanagar Gas is 2025 13.71 . Interest Coverage Ratio of Mahanagar Gas was 2024 13.57 . It decreases by 0.97% higher compared to the previous year.

The Mahanagar Gas Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
15.23 INR
Jan 1, 2019
12.56 INR
Jan 1, 2020
12.06 INR
Jan 1, 2021
13.47 INR
Jan 1, 2022
12.82 INR
Jan 1, 2023
12.34 INR
Jan 1, 2024
13.57 INR
Jan 1, 2025
13.71 INR
The Mahanagar Gas Interest Coverage history
YEARInterest CoverageYoY
13.71+0.97%
13.57+9.96%
12.34-3.68%
12.82-4.89%
13.47+11.73%
12.06-3.98%
12.56-17.56%
15.23-21.70%
19.46+15.66%
16.82+36.90%
12.29-15.07%
14.47—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Mahanagar Gas Stock analysis

What does Mahanagar Gas do? Mahanagar Gas Ltd (MGL) is an Indian company that has been operating as a joint venture between GAIL (India) Ltd. and the BG Group since 1995. It is headquartered in Mumbai and is the leading distributor of natural gas in the Mumbai region and its suburbs. Mahanagar Gas is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mahanagar Gas stock

Interest Coverage Ratio of Mahanagar Gas is 13.71 in 2025.

Interest Coverage Ratio of Mahanagar Gas changed from 13.57 to 13.71, representing a 0.97% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Mahanagar Gas since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Mahanagar Gas with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Leverage — Mahanagar Gas

All Key Metrics — Mahanagar Gas