| Revenue growth | 13.95% YoY; 15.62% QoQ. |
|---|---|
| Margins | EBITDA margins stabilized QoQ at 14.46% vs 12.69% in Q4 FY26. |
| Demand visibility | Strong; cumulative connections reached 3.24mn households and 1.31mn vehicles. |
| Management confidence | High on infrastructure exclusivity and secured gas availability. |
Growth
Q1 FY27 PAT fell 39.39% YoY to ₹193.70 Cr. EBITDA margins compressed to 14.46% from 24.06% YoY.
Outlook
Expanding into new GAs (Ratnagiri, Latur, Karnataka). RoE for FY26 reported at 13.76%.
Risks
Rising gas costs (up 23.75% YoY per SCM) and competitive pricing pressures from alternate fuels.
Last quarter's promises, checked
Delivered
- Guided double-digit volume growth → delivered 10.1% YoY (= BEAT)
- Guided FY27 Capex ~₹1,200 Cr → delivered infrastructure expansion on track (= BEAT)
- Guided >10% volume contribution from DPNG → delivered 12% growth (= BEAT)
Partly delivered
- Guided 4-5 lakh DPNG additions → delivered cumulative 3.24mn households (= PARTIAL)
Missed
- Guided >INR 8 EBITDA/SCM for FY27 → delivered INR 7.92/SCM (= MISS)
Investor Presentation filed with NSE, 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
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- Call
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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
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Mahanagar Gas Earnings Call: Key Takeaways
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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
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