Mahanagar Gas Ltd.
Research Mahanagar Gas Ltd. (MGL.NS) on Bullrun: market cap INR 104.11B, P/E 14.6, dividend yield 2.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMGL.NS
- ExchangeNSE
- CountryIndia
- SectorUtilities
- IndustryUtilities - Regulated Gas
- CurrencyINR
- Market capINR 104.11B
- P/E14.6
- Dividend yield2.9%
- Financial periodQ2 2026
- RevenueINR 23.73B
- Net incomeINR 1.93B
- Gross margin26.9%
Valuation Snapshot
latest market cap is INR 104.11B; P/E is 14.6; dividend yield is 2.9%.
Peer valuation comparison
Latest P/E is 14.55x versus a Utilities sector median of 16.16x (10.0% below).
Latest dividend yield is 2.85% versus a Utilities sector median of 3.4% (16.2% below).
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-18 | INR 104.11B | 14.6 | 3.4% | 36 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 36 INR, yield 2.9%.
About Mahanagar Gas Ltd.
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households, domestic households, and commercial establishments and industries used for cooking and water heating, as well as by hospitals, nursing homes, hotels, flight kitchens, restaurants, and places of worship. It also supplies compressed natural gas (CNG) and liquefied natural gas (LNG) to vehicles;
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Frequently asked questions
What is Mahanagar Gas Ltd.'s market cap?
Mahanagar Gas Ltd.'s market capitalization is INR 104.11B.
What is Mahanagar Gas Ltd.'s P/E ratio?
Mahanagar Gas Ltd.'s price-to-earnings (P/E) ratio is 14.6.
Does Mahanagar Gas Ltd. pay a dividend?
Mahanagar Gas Ltd. has a dividend yield of 2.9%.
What does Mahanagar Gas Ltd. do?
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households, domestic households, and commercial establishments and industries used for cooking and water heating, as well as by hospitals, nursing homes, hotels, flight kitchens, restaurants, and places of worship. It also supplies compressed natural gas (CNG) and liquefied natural gas (LNG) to vehicles; and sells pipes and fittings required for construction of pipeline infrastructure.