Valuation Mahanagar Gas Limited

Equities

Market Closed - NSE India S.E. Other stock markets 12:05:08 05/06/2026 BST			5-day change	1st Jan Change
1,089.10 ^INR	+1.37%		-0.54%	-4.14%

05-31	Mahanagar Gas Limited Announces Retirement of Rajesh Wagle as Senior Vice President, Marketing and Senior Management Personnel, Effective June 1, 2026	CI
05-20	Mahanagar Gas Limited Announces Appointment of Praveer Kumar Srivastava as Managing Director, Effective April 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	115,466	76,953	97,143	134,738	137,000	107,579	-	-
Change	-	-33.35%	26.24%	38.7%	1.68%	-21.48%	-	-
Enterprise Value (EV) ¹	110,348	61,418	81,766	130,753	123,307	94,881	98,847	94,571
Change	-	-44.34%	33.13%	59.91%	-5.69%	-23.05%	4.18%	-4.33%
P/E ratio	18.6x	12.9x	12.3x	10.5x	13.1x	10.8x	14.7x	11.5x
PBR	3.57x	2.14x	2.35x	2.62x	2.33x	1.65x	1.55x	1.43x
PEG	-	-3.53x	0.4x	0.2x	-0.7x	-0.6x	-0.7x	0.4x
Capitalization / Revenue	5.36x	2.16x	1.54x	2.16x	1.98x	1.11x	1.17x	1.08x
EV / Revenue	5.13x	1.73x	1.3x	2.09x	1.78x	1.17x	1.08x	0.95x
EV / EBITDA	11.8x	6.64x	6.9x	7.1x	8.17x	6.4x	7.38x	5.81x
EV / EBIT	14.5x	8.44x	8.58x	8.33x	10.2x	8.9x	11.3x	8.37x
EV / FCF	23.7x	27.1x	31.9x	16.5x	42.1x	23.8x	18.2x	17.1x
FCF Yield	4.22%	3.69%	3.14%	6.07%	2.38%	4.2%	5.48%	5.85%
Dividend per Share ²	23	25	26	30	30	29.61	25.48	30.87
Rate of return	1.97%	3.21%	2.64%	2.2%	2.16%	2.72%	2.34%	2.83%
EPS ²	62.72	60.43	79.98	130.5	105.8	85.73	74.11	94.32
Distribution rate	36.7%	41.4%	32.5%	23%	28.4%	31.7%	34.4%	32.7%
Net sales ¹	21,523	35,602	62,993	62,445	69,237	82,402	91,755	99,923
EBITDA ¹	9,340	9,243	11,842	18,426	15,098	14,511	13,390	16,287
EBIT ¹	7,603	7,280	9,530	15,690	12,035	10,419	8,747	11,295
Net income ¹	6,196	5,970	7,900	12,891	10,449	8,468	7,336	9,329
Net Debt ¹	-5,119	-15,535	-15,377	-3,985	-13,693	-12,698	-8,732	-13,008
Reference price ²	1,168.95	779.05	983.45	1,364.05	1,386.95	1,089.10	1,089.10	1,089.10
Nbr of stocks (in thousands)	98,778	98,778	98,778	98,778	98,778	98,778	-	-
Announcement Date	24/05/21	10/05/22	08/05/23	09/05/24	06/05/25	07/05/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MAHANAGAR GAS LIMITED	11.67x	1.17x	6.4x	2.72%	1.13B
THE HONG KONG AND CHINA GAS COMPANY LIMITED	20.97x	3.3x	14.19x	5.13%	16.24B
ITALGAS S.P.A.	14.04x	7.64x	9.98x	4.63%	12.13B
ENN NATURAL GAS CO., LTD.	11.46x	0.52x	4.37x	5.34%	8.78B
KUNLUN ENERGY COMPANY LIMITED	8.96x	0.19x	2.29x	5.6%	7.56B
UGI CORPORATION	11.5x	-	-	4.3%	7.47B
ENN ENERGY HOLDINGS LIMITED	7.98x	0.54x	4.98x	6.27%	7.34B
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P.	13.76x	5.75x	20.45x	9.65%	7.23B
SOUTHWEST GAS HOLDINGS, INC.	20.82x	5.28x	11.32x	2.88%	6.42B
Average	13.46x	3.05x	9.25x	5.17%	8.26B
Weighted average by Cap.	14.40x	3.49x	10.05x	5.36%