Gail India Ltd vs Mahanagar Gas Ltd Stock Comparison

Home

Insights

Stock Comparison

Last Updated on: Mar 19, 2026

Key Highlights

The Latest Trading Price of GAIL (India) Ltd is ₹ 147.35 as of 19 Mar 11:37 . The P/E Ratio of GAIL (India) Ltd changed from 9.8 on March 2021 to 9.6 on March 2025 . This represents a CAGR of -0.41% over 5 yearsThe 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 Market Cap of GAIL (India) Ltd changed from ₹ 60189 crore on March 2021 to ₹ 120159 crore on March 2025 . This represents a CAGR of 14.83% over 5 yearsThe Market Cap of Mahanagar Gas Ltd changed from ₹ 9723 crore on March 2023 to ₹ 13695 crore on March 2025 . This represents a CAGR of 12.10% over 3 years The revenue of GAIL (India) Ltd for the Dec '25 is ₹ 35856 crore as compare to the Sep '25 revenue of ₹ 36052 crore. This represent the decline of -0.54% The revenue of Mahanagar Gas Ltd for the Dec '25 is ₹ 2089 crore as compare to the Sep '25 revenue of ₹ 2079 crore. This represent the growth of 0.5% The ebitda of GAIL (India) Ltd for the Dec '25 is ₹ 3610 crore as compare to the Sep '25 ebitda of ₹ 3975 crore. This represent the decline of -9.2% The ebitda of Mahanagar Gas Ltd for the Dec '25 is ₹ 380.91 crore as compare to the Sep '25 ebitda of ₹ 365.01 crore. This represent the growth of 4.36% The net profit of GAIL (India) Ltd changed from ₹ 3183 crore to ₹ 1729 crore over 7 quarters. This represents a CAGR of -29.44% The net profit of Mahanagar Gas Ltd changed from ₹ 288.77 crore to ₹ 201.1 crore over 7 quarters. This represents a CAGR of -18.68% The Dividend Payout of GAIL (India) Ltd changed from 45.4 % on March 2021 to 43.59 % on March 2025 . This represents a CAGR of -0.81% over 5 yearsThe Dividend Payout of Mahanagar Gas Ltd changed from 36.67 % on March 2021 to 28.36 % on March 2025 . This represents a CAGR of -5.01% over 5 years .

About GAIL (India) Ltd

GAIL (India) Limited is the largest state-owned natural gas processing and distribution Company in India.
The Company has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, Liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines, etc.
GAIL has also participating interest in India and overseas in Oil and Gas Blocks, Renewable Energy, CGD, CBG and Green Hydrogen.
Company is promoted by the Government of India (GoI).
Shareholding of GoI as on 31st March, 2025 is 51.52%. GAIL (India) Limited was incorporated on August 16, 1984 as a Public Limited Company with the name 'Gas Authority of India Limited' At the time of incorporation, all of the shares were held by the Government of India.

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.

FAQs for the comparison of GAIL (India) Ltd and Mahanagar Gas Ltd

Which company has a larger market capitalization, GAIL (India) Ltd or Mahanagar Gas Ltd?

Market cap of GAIL (India) Ltd is 99,284 Cr while Market cap of Mahanagar Gas Ltd is 9,885 Cr

What are the key factors driving the stock performance of GAIL (India) Ltd and Mahanagar Gas Ltd?

The stock performance of GAIL (India) Ltd and Mahanagar Gas Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for GAIL (India) Ltd and Mahanagar Gas Ltd?

As of March 19, 2026, the GAIL (India) Ltd stock price is INR ₹151.0. On the other hand, Mahanagar Gas Ltd stock price is INR ₹1000.8.

How do dividend payouts of GAIL (India) Ltd and Mahanagar Gas Ltd compare?

To compare the dividend payouts of GAIL (India) Ltd and Mahanagar Gas Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

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.