MGL.BO
Price:
$1110
Market Cap:
$109.64B
Established in 1995 and headquartered in Mumbai, India, Mahanagar Gas Limited operates as a prominent natural gas distribution enterprise. The company delivers a comprehensive range of gas products, including piped natural gas (PNG) for commercial, industrial, and residential use, along with compressed natural gas (CNG). In addition, it manufactures gas geysers. Mahanagar Gas maintains a robust infrastructure, catering to 900,000 CNG vehicles via 1,800 dispensing stations. Its expansive pipeline network spans 550 kilometers of steel and 6,000 kilometers of polyethylene lines, serving approximately 4,500 commercial and industrial customers. The company's PNG supplies power for diverse applica...[Read more]
Industry
Regulated Gas
IPO Date
2016-07-01
Stock Exchange
BSE
Ticker
MGL.BO
According to Mahanagar Gas Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 0.51 of the last 4 quarters.
The mean historical Current Ratio of Mahanagar Gas Limited over the last ten years is 1.30. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), MGL.BO's Current Ratio was at its highest in in the March 2020 quarter at 1.59. The Current Ratio was at its lowest in in the December 2016 quarter at 0.
Average
1.30
Median
1.32
Minimum
0.94
Maximum
1.59
Discovering the peaks and valleys of Mahanagar Gas Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 22.26%
Maximum Annual Current Ratio = 1.59
Minimum Annual Increase = -12.67%
Minimum Annual Current Ratio = 0.94
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 0.94 | -9.67% |
| 2025 | 1.04 | -7.50% |
| 2024 | 1.12 | -12.67% |
| 2023 | 1.29 | -7.60% |
| 2022 | 1.39 | -11.92% |
| 2021 | 1.58 | -0.66% |
| 2020 | 1.59 | 11.01% |
| 2019 | 1.43 | 6.16% |
| 2018 | 1.35 | 6.70% |
| 2017 | 1.26 | 22.26% |
The current Current Ratio of Mahanagar Gas Limited (MGL.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.03
5-year avg
1.15
10-year avg
1.30
Mahanagar Gas Limited’s Current Ratio is less than Gujarat State Petronet Limited (1.50), less than Jaiprakash Power Ventures Limited (0), less than Jaiprakash Power Ventures Limited (0), less than Gujarat State Petronet Limited (1.50), less than Waaree Renewable Technologies (1.35), less than KPI Green Energy Limited (1.64), less than KPI Green Energy Limited (1.64), less than Reliance Infrastructure Limited (0.17), less than Reliance Infrastructure Limited (0.17), less than Inox Green Energy Services Limited (2.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.50 | $156.74B | |
| 0 | $118.77B | |
| 0 | $118.50B | |
| 1.50 | $151.41B | |
| 1.35 | $92.69B | |
| 1.64 | $59.98B | |
| 1.64 | $59.93B | |
| 0.17 | $26.32B | |
| 0.17 | $26.04B | |
| 2.87 | $71.76B |
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