Why is Mahanagar Gas Ltd. ?
1
Poor long term growth as Operating profit has grown by an annual rate -13.19% of over the last 5 years
2
Negative results in Dec 25
- PAT(Latest six months) At Rs 392.52 cr has Grown at -22.74%
- ROCE(HY) Lowest at 20.47%
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 184.95 cr
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -34.17% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gas)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Mahanagar Gas for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Mahanagar Gas
-34.17%
-1.10
31.09%
Sensex
-5.47%
-0.43
12.65%
Quality key factors
Factor
Value
Sales Growth (5y)
13.90%
EBIT Growth (5y)
-13.19%
EBIT to Interest (avg)
99.14
Debt to EBITDA (avg)
0.10
Net Debt to Equity (avg)
-0.17
Sales to Capital Employed (avg)
1.20
Tax Ratio
26.18%
Dividend Payout Ratio
28.36%
Pledged Shares
0
Institutional Holding
55.72%
ROCE (avg)
32.36%
ROE (avg)
15.76%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
16
Price to Book Value
1.45
EV to EBIT
6.64
EV to EBITDA
4.98
EV to Capital Employed
1.54
EV to Sales
0.97
PEG Ratio
NA
Dividend Yield
3.30%
ROCE (Latest)
22.89%
ROE (Latest)
15.76%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bullish
Technical Movement
2What is working for the Company
NO KEY POSITIVE TRIGGERS
-8What is not working for the Company
PAT(Latest six months)
At Rs 392.52 cr has Grown at -22.74%
ROCE(HY)
Lowest at 20.47%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 184.95 cr
DEBTORS TURNOVER RATIO(HY)
Lowest at 17.91 times
Loading Valuation Snapshot...
Here's what is not working for Mahanagar Gas
Profit After Tax (PAT) - Quarterly
At Rs 201.15 cr has Fallen at -9.1%
Year on Year (YoY)MOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 184.95 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Lowest at 17.91 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






