Mahanagar Gas Limited

Mahanagar Gas Limitedverified

MGL.BO

Price:

$1494.85

Market Cap:

$147.77B

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides commercial piped natural gas (PNG), industrial PNG, domestic PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 9 lakh CNG vehicles with 1,800 dispensing points; 550 km of steel pipeline and 6000 km of poly-ethylene pipeline; and 4500 commercial and industrial customers. The company's PNG is used for various applications, such as cooking and water heating, as well as in hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship, etc. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

Industry

Regulated Gas

IPO Date

2016-07-01

Stock Exchange

BSE

Ticker

MGL.BO

The Current Ratio as of July 2025 (TTM) for Mahanagar Gas Limited (MGL.BO) is 1.04

According to Mahanagar Gas Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of 90.02% compared to the average of 0.55 of the last 4 quarters.

Mahanagar Gas Limited (MGL.BO) Historical Current Ratio (quarterly & annually)

How has MGL.BO Current Ratio performed in the past?

The mean historical Current Ratio of Mahanagar Gas Limited over the last ten years is 1.31. The current 1.04 Current Ratio has changed 7.83% 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 September 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.31

Median

1.32

Minimum

1.03

Maximum

1.59

Mahanagar Gas Limited (MGL.BO) Current Ratio by Quarter and Year

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 = -32.97%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.04-7.50%
20241.12-12.67%
20231.29-7.60%
20221.39-11.92%
20211.58-0.66%
20201.5911.01%
20191.436.16%
20181.356.70%
20171.2622.26%
20161.03-32.97%

Mahanagar Gas Limited (MGL.BO) Average Current Ratio

How has MGL.BO Current Ratio performed in the past?

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

1.15

5-year avg

1.28

10-year avg

1.31

Mahanagar Gas Limited (MGL.BO) Current Ratio vs. Peers

How is MGL.BO’s Current Ratio compared to its peers?

Mahanagar Gas Limited’s Current Ratio is

CompanyCurrent RatioMarket cap

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