| Margins | Near-term pressure from gas costs; aiming to maintain >₹8/SCM EBITDA. |
|---|---|
| Demand visibility | Strong demand for PNG/CNG due to high alternate fuel prices. |
| Management confidence | High on volume growth due to new regulatory enablers for infrastructure. |
Growth
FY26 EBITDA at ₹1,451cr vs ₹1,570cr YoY. Net Profit at ₹847cr vs ₹1,041cr. Quarterly sales volume grew 1.12% sequentially.
Outlook
Targeting double-digit volume growth in FY27; planned capex of ~₹1,200cr; maintaining EBITDA guidance above ₹8/SCM.
Risks
Supply disruptions from West Asia crisis (Strait of Hormuz); 20% curtailment in industrial/commercial supply; high spot LNG prices.
Earnings Call filed with BSE, NSE: MGL. Summary written with AI assistance from the document.
Mahanagar Gas Ltd: key numbers
- Share price
- ₹1,071.30
- Market cap
- ₹10,582 Cr
- Revenue (annual)
- ₹8,246 Cr
- Net profit (annual)
- ₹841.2 Cr
- P/E (TTM)
- 14.8×Sector 25.1×
- Promoter holding
- 32.50%+0.00% QoQ
- FII holding
- 23.21%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Mahanagar Gas Ltd
All →Mahanagar Gas Earnings Call Transcript: Key Takeaways
MGL delivered volume growth despite West Asia geopolitical supply shocks, using price-indexed industrial sales to buffer volatile gas costs.
- Call
- Guides 9% growth
Mahanagar Gas Investor Presentation: Key Takeaways
Mahanagar Gas Limited reports Q1 FY27 revenue of ₹2,371.71 Cr, up 13.95% YoY. Management is focused on expanding geographical areas (GA) and maintaining cost-effective fuel economics versus alternates.
Mahanagar Gas Q1 FY27 Results: Net Profit ₹192.6 Cr, Down 39.5% YoY
Mahanagar Gas Ltd reported revenue from operations of ₹2,599 Cr (+13.9% YoY) and net profit of ₹192.6 Cr (-39.5% YoY) for Q1 FY27.
- Key figure
- Net profit ₹192.6 Cr · -39.5% YoY
Mahanagar Gas Earnings Call: Key Takeaways
MGL delivered volume growth despite West Asia supply disruptions impacting RLNG availability. Management is prioritizing aggressive infrastructure build and volume expansion over short-term margin protection.
Mahanagar Gas Earnings Call: Key Takeaways
MGL reported FY26 revenue of ₹8,240 Cr, up 13.5% YoY, though PAT declined 18.7% to ₹847 Cr due to higher gas costs. Focus remains on infrastructure expansion and maintaining price competitiveness.
Mahanagar Gas Q4 FY26 Results: Net Profit ₹129.6 Cr, Down 46.3% YoY
Mahanagar Gas Ltd reported revenue from operations of ₹2,259 Cr (+4.9% YoY) and net profit of ₹129.6 Cr (-46.3% YoY) for Q4 FY26.
- Key figure
- Net profit ₹129.6 Cr · -46.3% YoY