Mahanagar Gas

{
  "main_header": {
    "sid": 1000400,
    "name": "Mahanagar Gas",
    "stock_name": "Mahanagar Gas",
    "full_name": "Mahanagar Gas Ltd.",
    "name_url": "stocks-analysis/mahanagar-gas",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,171.95",
    "chg": -8.2,
    "chgp": "-0.69%",
    "dir": -1,
    "prev_price": "1,180.15",
    "mcapval": "11,415.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 539957,
    "symbol": "MGL",
    "ind_name": "Gas",
    "ind_code": 103,
    "indexname": "India SENSEX",
    "isin": "INE002S01010",
    "curr_date": "May 08",
    "curr_time": "",
    "bse_nse_vol": "4.01 lacs",
    "exc_status": "Active",
    "traded_date": "May 08, 2026",
    "traded_date_str": "2026 05 08",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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  "news": {
    "results": [
      {
        "title": "Are Mahanagar Gas Ltd. latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-mahanagar-gas-ltd-latest-results-good-or-bad-3982344",
        "imagepath": "",
        "date": "2026-05-08 19:19:44",
        "description": "Mahanagar Gas Ltd. has reported its financial results for the quarter ended March 2026, revealing significant operational challenges. The company experienced a net sales growth of 4.46% year-on-year, reaching ₹2,052.05 crores, which is a decline from the previous year's growth rate of 21.81%. However, the net profit for the same period saw a substantial decline of 47.40%, amounting to ₹129.94 crores, compared to a much smaller drop of 5.20% in the prior year.\n\nThe operating profit margin, excluding other income, fell sharply to 12.67%, down from 20.11% in the corresponding quarter last year, marking the lowest level in multiple quarters. This margin compression indicates that while the company was able to generate higher sales, it struggled to maintain profitability, as operating profit before depreciation, interest, and tax (excluding other income) decreased significantly to ₹259.97 crores from ₹395.01 cro..."
      },
      {
        "title": "Mahanagar Gas Q4 FY26: Sharp Profit Decline Amid Margin Pressures",
        "link": "https://www.marketsmojo.com/news/result-analysis/mahanagar-gas-q4-fy26-sharp-profit-decline-amid-margin-pressures-3981996",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGas_quaterlyResult_3981996.png",
        "date": "2026-05-08 14:48:17",
        "description": "Mahanagar Gas Ltd., one of India's largest city gas distribution companies and the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane, and Raigad districts, reported a concerning set of results for Q4 FY26, with consolidated net profit plunging 47.40% year-on-year to ₹129.94 crores. The sharp decline in profitability, despite modest revenue growth, has raised serious questions about the company's ability to navigate challenging market conditions."
      },
      {
        "title": "Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-ltd-is-rated-sell-by-marketsmojo-3981457",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_mojoScore_3981457.png",
        "date": "2026-05-08 10:10:22",
        "description": "Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 May 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "When is the next results date for Mahanagar Gas Ltd.?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-mahanagar-gas-ltd-3976552",
        "imagepath": "",
        "date": "2026-05-05 23:16:48",
        "description": "The next results date for Mahanagar Gas Ltd. is scheduled for 07 May 2026...."
      },
      {
        "title": "Mahanagar Gas Ltd. is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-ltd-is-rated-sell-3964250",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MahanagarGasLtd_mojoScore_3964250.png",
        "date": "2026-04-27 10:10:25",
        "description": "Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 April 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-ltd-is-rated-sell-by-marketsmojo-3949085",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MahanagarGasLtd_mojoScore_3949085.png",
        "date": "2026-04-16 10:10:32",
        "description": "Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 16 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-mixed-market-signals-3944036",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MahanagarGasLtd_technicaldot_3944036.png",
        "date": "2026-04-13 08:03:45",
        "description": "Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook, reflecting a complex interplay of technical indicators. Despite a strong intraday rally pushing the stock price to ₹1,091.35, the broader technical signals remain mixed, suggesting cautious optimism for investors navigating the gas sector amid volatile market conditions."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Outlook",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-bearish-outlook-3935511",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MahanagarGasLtd_technicaldot_3935511.png",
        "date": "2026-04-07 08:04:46",
        "description": "Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. Despite a modest intraday price gain, the stock’s broader technical landscape suggests caution for investors amid deteriorating momentum and a downgrade in its Mojo Grade to Sell."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Sentiment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-bearish-sentiment-3933772",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MahanagarGasLtd_technicaldot_3933772.png",
        "date": "2026-04-06 08:02:14",
        "description": "Mahanagar Gas Ltd. has experienced a subtle shift in its technical momentum, moving from a bearish to a mildly bearish trend, reflecting mixed signals from key indicators such as MACD, RSI, and moving averages. Despite a modest daily price gain, the stock continues to face headwinds amid broader sectoral and market pressures."
      }
    ],
    "total": 5406,
    "sid": "1000400",
    "stock_news_url": "https://www.marketsmojo.com/news/mahanagar-gas-1000400"
  },
  "announcements": [
    {
      "caption": "Results - Financial Results For The Financial Year Ended March 31 2026",
      "datetime": "07-May-2026",
      "details": "Audited Standalone and Consolidated Financial Results for the Financial Year ended March 31 2026",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Approval Of Audited Standalone And Consolidated Financial Results For The Financial Year Ended March 31 2026",
      "datetime": "07-May-2026",
      "details": "Outcome of Board Meeting held on May 07 2026 to approve the Audited Standalone and Consolidated Financial Results for the Financial Year ended March 31 2026 and to recommend the final dividend of Rs. 18/- per share for the financial year 2025-26",
      "source": "BSE"
    },
    {
      "caption": "Corporate Action-Board approves Dividend",
      "datetime": "07-May-2026",
      "details": "Outcome of the Board Meeting held on May 07 2026 for recommendation of Final Dividend of Rs. 18/- per share for FY 2025-26",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Mahanagar Gas Ltd. has declared <strong>120%</strong> dividend, ex-date: 13 Feb 26",
          "dt": "2026-02-13",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Are Mahanagar Gas Ltd. latest results good or bad?

2026-05-08 19:19:44

Mahanagar Gas Ltd. has reported its financial results for the quarter ended March 2026, revealing significant operational challenges. The company experienced a net sales growth of 4.46% year-on-year, reaching ₹2,052.05 crores, which is a decline from the previous year's growth rate of 21.81%. However, the net profit for the same period saw a substantial decline of 47.40%, amounting to ₹129.94 crores, compared to a much smaller drop of 5.20% in the prior year. The operating profit margin, excluding other income, fell sharply to 12.67%, down from 20.11% in the corresponding quarter last year, marking the lowest level in multiple quarters. This margin compression indicates that while the company was able to generate higher sales, it struggled to maintain profitability, as operating profit before depreciation, interest, and tax (excluding other income) decreased significantly to ₹259.97 crores from ₹395.01 cro...

Read full news article

Mahanagar Gas Q4 FY26: Sharp Profit Decline Amid Margin Pressures

2026-05-08 14:48:17

Mahanagar Gas Ltd., one of India's largest city gas distribution companies and the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane, and Raigad districts, reported a concerning set of results for Q4 FY26, with consolidated net profit plunging 47.40% year-on-year to ₹129.94 crores. The sharp decline in profitability, despite modest revenue growth, has raised serious questions about the company's ability to navigate challenging market conditions.

Read full news article

Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO

2026-05-08 10:10:22

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 May 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

When is the next results date for Mahanagar Gas Ltd.?

2026-05-05 23:16:48

The next results date for Mahanagar Gas Ltd. is scheduled for 07 May 2026....

Read full news article

Mahanagar Gas Ltd. is Rated Sell

2026-04-27 10:10:25

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 April 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO

2026-04-16 10:10:32

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 16 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals

2026-04-13 08:03:45

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook, reflecting a complex interplay of technical indicators. Despite a strong intraday rally pushing the stock price to ₹1,091.35, the broader technical signals remain mixed, suggesting cautious optimism for investors navigating the gas sector amid volatile market conditions.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Outlook

2026-04-07 08:04:46

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. Despite a modest intraday price gain, the stock’s broader technical landscape suggests caution for investors amid deteriorating momentum and a downgrade in its Mojo Grade to Sell.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Sentiment

2026-04-06 08:02:14

Mahanagar Gas Ltd. has experienced a subtle shift in its technical momentum, moving from a bearish to a mildly bearish trend, reflecting mixed signals from key indicators such as MACD, RSI, and moving averages. Despite a modest daily price gain, the stock continues to face headwinds amid broader sectoral and market pressures.

Read full news article

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