| Revenue growth | FY YoY sales volume grew 8.25%. |
|---|---|
| Margins | EBITDA/SCM impacted by high RLNG costs; not fully passed through. |
| Demand visibility | Strong for PNG due to mandatory conversion from LPG. |
| Management confidence | Balanced; focused on long-term infrastructure over temporary margin volatility. |
Growth
Average daily sales rose 8.25% FY YoY to 4.585 MMSCMD, led by Industrial/Commercial (15%) and CNG (7.2%).
Outlook
Capex guided at ₹1,200cr+ for FY27 with a target of double-digit volume growth.
Risks
Supply disruptions in Iran/Gulf adversely impacting RLNG costs; incomplete pass-through of high input costs in CNG.
Earnings Call filed with NSE, NSE: MGL. Summary written with AI assistance from the document.
Mahanagar Gas Ltd: key numbers
- Share price
- ₹1,041.60
- Market cap
- ₹10,289 Cr
- Revenue (annual)
- ₹8,246 Cr
- Net profit (annual)
- ₹841.2 Cr
- P/E (TTM)
- 14.4×Sector 24.2×
- 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.
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