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Mahanagar Gas PE Ratio

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Mahanagar Gas Ltd

NSE: MGL

PE

12

Last updated on: Sep 13, 2025

Key Highlights

  • The P/E Ratio of Mahanagar Gas Ltd is 12 as of 13 Sep 9.00 AM .
  • The P/E Ratio of Mahanagar Gas Ltd changed from 12.3 on March 2023 to 13.2 on March 2025 . This represents a CAGR of 2.38% over 3 years.
  • The Latest Trading Price of Mahanagar Gas Ltd is ₹ 1300 as of 12 Sep 15:30 .
  • The PE Ratio of Gas Distribution Industry has changed from 7.6 to 18.0 in 5 years. This represents a CAGR of 18.82%.
  • The PE Ratio of Automobile industry is 21.6. The PE Ratio of Finance industry is 19.5. The PE Ratio of Gas Distribution industry is 15.8. The PE Ratio of IT - Software industry is 27.8. The PE Ratio of Retail industry is 130.5. The PE Ratio of Textiles industry is 49.7 in 2025.

Historical P/E Ratio of Mahanagar Gas Ltd

No data available

Company Fundamentals for Mahanagar Gas Ltd

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Mahanagar Gas Ltd

NSE: MGL

Share Price

₹ 1300.35

-1.20 (-0.09%)

stock direction

Last updated on: Sep 12, 2025

Market Price of Mahanagar Gas Ltd

1M

1Y

3Y

5Y

Monitoring Mahanagar Gas Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
12 Sep 20251300.35
11 Sep 20251301.55
10 Sep 20251288
09 Sep 20251270.5
08 Sep 20251278
05 Sep 20251282.15
04 Sep 20251287.85
03 Sep 20251285.25
02 Sep 20251276.45
01 Sep 20251264.85

SWOT Analysis Of Mahanagar Gas Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Mahanagar Gas Ltd

Asset Value vs Market Value of Mahanagar Gas Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Mahanagar Gas Ltd12844
GAIL (India) Ltd117398
Adani Total Gas Ltd66610
Petronet LNG Ltd41685
Indraprastha Gas Ltd30079
Gujarat Gas Ltd29659

PE Ratio of Mahanagar Gas Ltd Explained

12844

Market cap

1069

Earnings

12.0X

PE Ratio

PE Ratio of Gas Distribution Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Mahanagar Gas Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Mahanagar Gas Ltd

No data available

* All values are in %

About Mahanagar Gas Ltd

  • Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India.
  • MGL is the sole authorized distributor of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai, Thane urban and adjoining municipalities and the Raigad district in State of Maharashtra, India.
  • The Company distributes CNG for use in motor vehicles and PNG for domestic household as well as for commercial and industrial use.
  • MGL distributes natural gas through an extensive CGD network of pipelines. Mahanagar Gas Limited (MGL) was incorporated in 1995, as a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas), and the Government of Maharashtra. During the year 2002-2003, the company expanded the Compressed Natural Gas (CNG) distribution network across the city of Mumbai and in the same year, the company set up additional 45 CNG outlets.

Mahanagar Gas Ltd News Hub

Mahanagar Gas schedules AGM

Mahanagar Gas announced that the 29th Annual General Meeting (AGM) of the company will be held on 23

Read more

01 Aug 24

Mahanagar Gas consolidated net profit declines 16.25% in the September 2024 quarter

Net profit of Mahanagar Gas declined 16.25% to Rs 283.51 crore in the quarter ended September 2024 a

Read more

25 Oct 24

Mahanagar Gas declines after weak Q2 performance

EBITDA fell by 16.8% to Rs 282.8 crore in Q2 FY25 from Rs 338.5 crore in Q2 FY24. EBITDA margin for

Read more

25 Oct 24

Mahanagar Gas to convene board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 24 October 2024. Power

Read more

19 Oct 24

Product Composition by Percentage (Revenue)

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Mahanagar Gas Ltd

What is the current PE Ratio of Mahanagar Gas Ltd?

The Current PE Ratio of Mahanagar Gas Ltd is 12.01 as on 13 Sep 2025.

What is the average PE Ratio of the Gas Distribution industry?

The average industry PE Ratio of Gas Distribution is 15.8 as on 13 Sep 2025.

What was the PE Ratio of Mahanagar Gas Ltd last year?

The PE Ratio of Mahanagar Gas Ltd was 10.48 last year, now the PE ratio is 12.01, showing a year-on-year growth of 14.6%.

What does the PE Ratio of Mahanagar Gas Ltd indicate about its stock?

The PE Ratio of Mahanagar Gas Ltd is 12.01. This ratio indicates that investors are willing to pay 12.01 times the earnings per share for each share of Mahanagar Gas Ltd.

What is the PE Ratio Growth of Mahanagar Gas Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Mahanagar Gas Ltd grew by 14.6% whereas, the EPS ratio grew by 28.7.

How does the PE ratio of Mahanagar Gas Ltd compare to industry peers?

The PE ratio of Mahanagar Gas Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Mahanagar Gas Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Mahanagar Gas Ltd PE Ratio.

What factors influence the PE ratio of Mahanagar Gas Ltd PE Ratio?

The PE ratio of Mahanagar Gas Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Mahanagar Gas Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Mahanagar Gas Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Mahanagar Gas Ltd PE Ratio?

You can check the latest PE ratio of Mahanagar Gas Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Mahanagar Gas Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Mahanagar Gas Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Mahanagar Gas Ltd PE Ratio predict future stock performance?

While the Mahanagar Gas Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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