energy
Mahanagar Gas
MGL · Nifty 50
₹1,208.9
Price 2026-06-17
At a Glance
Fundamental
90/100
STRONG
Trust
95/100
Verification
Coverage
44/100
LIMITED
Quick Take
Mahanagar Gas scores 90/100 on fundamentals (strong). Mahanagar Gas: BROAD EXPANSION regime.
Fundamental Score: 90/100 · STRONG · 0 signals detected
DuPont Analysis
ROE 13.8% broken into three drivers. Each shows how efficiently the company generates returns.
ROE of 13.85% is moderate efficiency-driven and stable. Net margin of 10.9% × asset turnover of 0.91x × leverage of 1.4x.
What This Means
Net margin of 10.9% means the company keeps ₹10.9 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.91x means the company efficiently uses its assets to generate revenue. Leverage of 1.4x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.
Margin Structure
Gross
32.7%
Operating
15.1%
Net
10.9%
Gross margin 32.7% → operating margin 15.1% → net margin 10.9%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.
Financial Health
Earnings Quality
ADEQUATECash flow covers net income 1.3x — earnings are ADEQUATE quality. Cash conversion is reasonable.
Debt Sustainability
COMFORTABLEInterest covered 61.7x — very comfortable. Debt service is not a concern. Debt/EBITDA at 0.1x is low — balance sheet has capacity.
Free Cash Flow
MODERATEFCF margin at 1.1% — barely positive. Limited cash after capex.
Peer Comparison
Mahanagar Gas is compared against 10 peers in the energy sector.
Key Watchpoints
Breaks above ₹1269 (+5%)
Trend reversal confirmation
Breaks below ₹1148 (-5%)
Further downside risk
Energy sector entering leadership
Sector rotation signal
Risk Flags
Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.
Company not overvalued on revenue basis.
⚠️ 1 critical + 0 warning flags. Exercise caution.
Data Quality
News Correlation
50 articles scanned for fundamental themes