MGL.NS
Price:
$1170
Market Cap:
$115.57B
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1,738 dispensing points; 550 km of steel pipeline and approximately 5,670 km of MDPE pipeline; and 4,339 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...[Read more]
Industry
Regulated Gas
IPO Date
2016-07-01
Stock Exchange
NSE
Ticker
MGL.NS
According to Mahanagar Gas Limited’s latest financial reports and current stock price. The company's current ROE is 16.62%. This represents a change of 298.86% compared to the average of 4.17% of the last 4 quarters.
The mean historical ROE of Mahanagar Gas Limited over the last ten years is 21.15%. The current 16.62% ROE has changed -21.40% with respect to the historical average. Over the past ten years (40 quarters), MGL.NS's ROE was at its highest in in the September 2019 quarter at 9.97%. The ROE was at its lowest in in the December 2015 quarter at 0%.
Average
21.15%
Median
20.79%
Minimum
16.59%
Maximum
26.87%
Discovering the peaks and valleys of Mahanagar Gas Limited ROE, 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 = 30.19%
Maximum Annual ROE = 26.87%
Minimum Annual Increase = -28.87%
Minimum Annual ROE = 16.59%
| Year | ROE | Change |
|---|---|---|
| 2025 | 17.70% | -28.87% |
| 2024 | 24.88% | 30.19% |
| 2023 | 19.11% | 15.16% |
| 2022 | 16.59% | -13.43% |
| 2021 | 19.17% | -28.68% |
| 2020 | 26.87% | 17.99% |
| 2019 | 22.78% | -0.13% |
| 2018 | 22.81% | 6.66% |
| 2017 | 21.38% | 5.84% |
| 2016 | 20.20% | 7.66% |
The current ROE of Mahanagar Gas Limited (MGL.NS) 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
20.56%
5-year avg
19.49%
10-year avg
21.15%
Mahanagar Gas Limited’s ROE is less than Gujarat State Petronet Limited (7.63%), less than Gujarat State Petronet Limited (7.63%), less than Jaiprakash Power Ventures Limited (6.02%), less than Jaiprakash Power Ventures Limited (6.02%), less than Waaree Renewable Technologies (74.22%), less than KPI Green Energy Limited (16.75%), less than KPI Green Energy Limited (16.75%), less than Reliance Infrastructure Limited (16.74%), less than Inox Green Energy Services Limited (1.96%), less than Reliance Infrastructure Limited (16.74%),
| Company | ROE | Market cap |
|---|---|---|
| 7.63% | $165.29B | |
| 7.63% | $165.20B | |
| 6.02% | $129.87B | |
| 6.02% | $129.74B | |
| 74.22% | $102.78B | |
| 16.75% | $83.48B | |
| 16.75% | $83.58B | |
| 16.74% | $62.96B | |
| 1.96% | $76.89B | |
| 16.74% | $63.19B |
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