Mahanagar Gas Limited Share Price and Company Fundamentals



Price
₹782.05
Change
14.900 (1.942%)
52 week
665.8 - 1212.0

Last traded: Today at 9:59 AM

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 271 CNG filing stations that provides gas to approximately 7.9 lakh vehicles with 1611 dispensing points; 522 km of steel pipeline and approximately 5,394 km of MDPE pipeline; and 4,192 commercial and industrial customers. The company's PNG is used for various applications, such as cooking and water heating, as well as in hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship, etc. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

Key Metrics

PE ratio

12.74

PB ratio

2.11

Dividend yield

3.26%

Beta

0.68

Market cap

-

Enterprise value

-

Company profile

Industry / SectorUtilities—Regulated Gas / Utilities
Websitehttps://www.mahanagargas.com
Mailing addressMGL House Block G-33 Bandra-Kurla Complex Bandra (East) Mumbai 400051 India
Phone / Fax91 22 6678 5000 / 91 22 2652 8925

Dividends

Dividend yield

3.26%

Dividend amount

₹25.00

Payout ratio

38.89%

5Y Avg. yield

2.01%

Mahanagar Gas Limited paid ₹25.00 dividend and the ex-dividend date was 17 Feb 2022.The dividend payout ratio is 38.89%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MGL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MGL's forward dividend amount is ₹23.5 and the forward dividend yield is 3.06%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Mahanagar Gas Limited.

NameTitleAgeTotal Pay
Mr. Sanjib DattaMD & Exec. Director59
Mr. Rajesh D. PatelCFO and Head of Financial Reporting & Treasury51
Mr. Srinivasan MuraliSr. VP of Operations & Maintenance57
Mr. Atul PrabhuGM of IA & Vigilance, Company Sec. and Compliance Officer
Mr. Rajesh P. WagleSr. VP of Marketing55
Mr. Chakrapani AtmakurVP of HR & Corp. Social Responsibility54
Mr. T. L. SharnagatVP of Contracts & Procurement and Chief Risk Officer52
Mr. Sanjay ShendeDeputy MD & Director56
Mr. Gurvinder Singh AnandVP of Projects51
Ramesh NarayananAVP of Revenue & Taxation57

Profitability and management effectiveness

Profit margin

16.77%

Operating margin

20.45%

Return on assets

9.25%

Return on equity

17.48%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mahanagar Gas Limited is and its enterprise value is .

The MGL's stocks Beta value is 0.68 making it 32% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Mahanagar Gas Limited (NSE:MGL) Frequently Asked Questions

1. What is Mahanagar Gas Limited's Stock Symbol?

Mahanagar Gas Limited trades on NSE under the ticker symbol "MGL".

2. What is Mahanagar Gas Limited's stock price today?

One share of MGL stock can currently be purchased for approximately ₹782.05.

3. How can I contact Mahanagar Gas Limited?

Mahanagar Gas Limited's mailing address is MGL House Block G-33 Bandra-Kurla Complex Bandra (East) Mumbai 400051 India. The company can be reached via phone at 91 22 6678 5000.

4. What is Mahanagar Gas Limited's official website?

The official website of Mahanagar Gas Limited is https://www.mahanagargas.com.