Overall Fundamental outlook

Business Operations:

Sector: Utilities
Industry: Utilities - Regulated Gas

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas (CNG) to transport sector. Further, the company supplies liquefied natural gas (LNG) to heavy motor vehicles. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. The company operates 348 CNG filling stations with 2,152 dispensing points; 608 kilometers of steel pipeline; and 6446 kilometers of poly-ethylene pipeline. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

Revenue projections:

Revenue projections for MGL
Revenue projections for MGL

Mahanagar Gas Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 0.00000
forwardPE 12.16541
debtToEquity 2.77700
earningsGrowth -0.30300
revenueGrowth 0.17800
grossMargins 0.36610
operatingMargins 0.12651
trailingEps 105.87000
forwardEps 56.03000

Mahanagar Gas Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
MGL's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins.
MGL's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.
MGL's forward EPS, being lower than its trailing EPS, points to an expected decline in profitability. This suggests that the company's financial performance may weaken in the upcoming year.

Price projections:

Price projections for MGL
Price projections for MGL

Mahanagar Gas Limited's price projections have been steadily revised down, pointing to declining confidence in the company's outlook. This suggests that analysts are becoming more conservative in their expectations for Mahanagar Gas Limited's future performance.

Recommendation changes over time:

Recommendations trend for MGL
Recommendations trend for MGL


A recent buy bias from analysts toward MGL may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that MGL might be an appealing option for those looking to grow their wealth through stock market investments.