MAHANAGAR GAS LTD. (MGL)

NSE: ₹1,074.40
BSE: ₹1,074.00
Stock Performance
Corporate Announcements
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Quarterly Financials

Consolidated Standalone
Particulars Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Revenue from Operations 1,723.77 1,771.46 1,832.15 1,962.87 2,031.51 2,152.44 2,282.07 2,256.36 2,267.93 2,258.90 2,598.90
YOY Revenue Growth % - - - - 17.85% 21.51% 24.56% 14.95% 11.64% 4.95% 13.88%
Other Income 48.07 44.13 35.65 46.93 41.99 42.02 32.15 29.02 29.60 29.10 30.43
Total Income 1,771.84 1,815.59 1,867.80 2,009.80 2,073.50 2,194.46 2,314.22 2,285.38 2,297.53 2,288.00 2,629.33
Total Expenses + 1,346.09 1,469.77 1,481.89 1,637.82 1,801.28 1,854.12 1,882.05 2,027.60 2,025.80 2,110.07 2,371.01
Cost of Materials Consumed 923.06 977.72 1,005.23 1,125.83 1,268.58 1,280.66 1,311.51 1,425.86 1,417.51 1,482.27 1,734.25
Employee Benefit Expense 29.11 30.68 32.05 43.95 35.51 35.30 37.14 48.88 47.55 43.08 46.42
Other Expenses 322.93 366.52 358.26 379.82 403.15 441.28 433.15 443.88 450.82 474.13 476.29
Operating Profit 377.68 301.69 350.26 325.05 230.23 298.32 400.02 228.76 242.13 148.83 227.89
OPM % 21.9% 17% 19.1% 16.6% 11.3% 13.9% 17.5% 10.1% 10.7% 6.6% 8.8%
Profit Before Tax + 425.75 345.82 385.91 371.98 272.21 339.48 432.17 257.78 271.73 177.93 258.32
Tax Expense 108.57 93.56 97.14 88.48 51.05 92.47 114.38 66.53 70.63 48.31 65.68
Tax % 25.5% 27.1% 25.2% 23.8% 18.8% 27.2% 26.5% 25.8% 26% 27.2% 25.4%
Profit After Tax 317.18 252.26 288.77 283.50 221.16 247.01 317.79 191.25 201.10 129.62 192.64
EPS (Basic) 32.11 25.54 29.23 28.70 22.39 25.01 32.18 19.37 20.36 13.15 19.54

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024
Revenue from Operations 9,065.26 7,978.97 6,914.35
YOY Revenue Growth % 13.61% 15.4% -
Other Income 119.87 166.59 174.87
Total Income 9,185.13 8,145.56 7,089.22
Total Expenses + 8,045.51 6,775.11 5,367.62
Cost of Materials Consumed 5,637.15 4,680.30 3,645.43
Employee Benefit Expense 176.65 146.81 119.41
Other Expenses 1,801.97 1,582.51 1,305.44
Operating Profit 1,019.75 1,203.86 1,546.73
OPM % 11.2% 15.1% 22.4%
Profit Before Exceptional 1,139.62 1,370.45 1,721.60
Exceptional Items 0.00 -0.86 0.00
Profit Before Tax + 1,139.62 1,369.59 1,721.60
Tax Expense 299.07 329.14 445.23
Tax % 26.2% 24% 25.9%
Profit After Tax 840.55 1,040.45 1,276.37
EPS (Basic) 85.15 105.33 129.21

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024
ASSETS
Non-Current Assets + 7,144.61 6,323.84 5,373.52
Property, Plant & Equipment 4,984.88 4,421.97 3,776.83
Capital Work in Progress 1,269.52 1,068.06 823.39
Non-Current Investments 112.47 107.50 50.00
Goodwill 10.92 10.92 71.41
Other Intangible Assets 396.23 421.21 517.69
Current Assets + 1,836.51 1,946.38 2,007.77
Inventories 62.58 52.32 42.07
Trade Receivables 458.65 364.06 296.49
Cash and Cash Equivalents 57.20 151.75 129.37
Current Investments 1,000.00 1,000.00 1,000.00
LIABILITIES & EQUITY
Total Equity 6,441.59 5,894.76 5,135.11
Equity Share Capital 98.78 98.78 98.78
Other Equity 6,328.83 5,781.40 5,031.43
Non-Current Liabilities 580.99 500.48 546.40
Current Liabilities 1,958.54 1,874.98 1,699.78
Total Liabilities 2,539.53 2,375.46 2,246.18

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024
Cash from Operating Activities 1,162.29 1,814.44 1,461.21
Cash from Investing Activities -888.26 -1,462.24 -358.10
Cash from Financing Activities -368.58 -329.80 -1,116.44
Net Increase/Decrease in Cash -94.55 22.40 -13.33