Mahanagar Gas Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Mahanagar Gas Limited's yearly results (2023–2026), compared with Utilities companies in India. Tap ? on any ratio for what it means.
What stands out
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹95 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 91% of Utilities companies in India.
- Debt Due Cover Ratio: Debt due within a year is covered 14.3 times by its yearly operating cash. Higher than 88% of Utilities companies in India.
- Cash Cushion Ratio: Cash, after subtracting all debt, equals 9% of its market value (net cash). Higher than 86% of Utilities companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹131Over the last 3 years, every ₹100 of reported profit came with ₹131 of operating cash.
Lower than 68% of Utilities companies in India.
Self-Funding Ratio
1.4×Over the last 3 years its own operating cash covered its investment spending (capex) 1.4 times.
Higher than 60% of Utilities companies in India.
Cash Locked Ratio
−₹2Money owed to suppliers is larger than money owed by customers plus stock: ₹2 per ₹100 of sales comes from others' credit, against ₹3 from others' credit three years earlier.
Less money tied up than 59% of Utilities companies in India.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 78% of Utilities companies in India.
Growth Efficiency Ratio
₹3Sales grew 31% in 3 years; of every extra ₹100 of sales, ₹3 became extra profit.
Lower than 73% of Utilities companies in India.
Asset Productivity Ratio
+31% / +49%In 3 years sales changed by +31% while total assets changed by +49%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
14.3×Debt due within a year is covered 14.3 times by its yearly operating cash.
Higher than 88% of Utilities companies in India.
Cash Cushion Ratio
+9%Cash, after subtracting all debt, equals 9% of its market value (net cash).
Higher than 86% of Utilities companies in India.
Tangible Assets Ratio
95%Of every ₹100 the company owns, ₹95 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 91% of Utilities companies in India.
Tangible Net Worth Ratio
94%Of every ₹100 of net worth, ₹94 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 81% of Utilities companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Mahanagar Gas Limited owes ₹0.28 for every ₹1 it owns. Net profit fell 19% in the year to Mar 2026, and grew 2% a year on average over 3 years.
Compared with Utilities companies in India · latest annual results Mar 2026.
P/E ratio
14.3Investors pay ₹14.3 for every ₹1 of Mahanagar Gas Limited's yearly profit, lower than 65% of Utilities companies in India.
P/B ratio
1.59The share price is 1.59 times Mahanagar Gas Limited's book value per share, higher than 50% of Utilities companies in India.
Market cap
₹10,217 CrThe total market value of all of Mahanagar Gas Limited's shares at today's price (share price × number of shares), smaller than 58% of Utilities companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹6,428 CrWhat Mahanagar Gas Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹650.71Net worth divided by the number of shares. The share price of ₹1,034 is 1.6 times this, which is the P/B above.
Return on equity (ROE)
11.1%Mahanagar Gas Limited earned 11.1% on its shareholders' money over the last year, higher than 60% of Utilities companies in India.
Owes vs Owns
0.28×Mahanagar Gas Limited owes ₹0.28 for every ₹1 it owns (low), lower than 91% of Utilities companies in India.
Dividend yield
3.45%Mahanagar Gas Limited pays 3.45% of its share price as dividends a year, higher than 76% of dividend-paying Utilities companies in India.
Revenue growth
+14%Revenue rose 14% in the year to Mar 2026, and grew 9% a year on average over 3 years.
Profit growth
-19%Net profit fell 19% in the year to Mar 2026, and grew 2% a year on average over 3 years.
Profit margin
10.2%Mahanagar Gas Limited keeps ₹10 of every ₹100 of revenue as net profit.
Cash quality
1.4×Cash from Mahanagar Gas Limited's business was 1.4× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
50.0×Mahanagar Gas Limited's operating profit covered its interest costs 50.0 times in the year to Mar 2026.
Cash vs debt
Net cashMahanagar Gas Limited held ₹938 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Mahanagar Gas Limited's P/E ratio?
Investors pay ₹14.3 for every ₹1 of Mahanagar Gas Limited's yearly profit, lower than 65% of Utilities companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Mahanagar Gas Limited: ₹10,217 Cr ÷ ₹6,428 Cr (31 Mar 2026) = 1.6.
What is Mahanagar Gas Limited's return on equity?
Mahanagar Gas Limited earned 11.1% on its shareholders' money over the last year, higher than 60% of Utilities companies in India.
How much does Mahanagar Gas Limited owe compared with what it owns?
Mahanagar Gas Limited owes ₹0.28 for every ₹1 it owns (low), lower than 91% of Utilities companies in India.
Does Mahanagar Gas Limited pay a dividend?
Yes. Mahanagar Gas Limited pays 3.45% of its share price as dividends a year, higher than 76% of dividend-paying Utilities companies in India.
Is Mahanagar Gas Limited's revenue growing?
Revenue rose 14% in the year to Mar 2026, and grew 9% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.