Mahanagar Gas (NSE:MGL) Gross-Profit-to-Asset % : 29.13% (As of Dec. 2024)

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What is Mahanagar Gas Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mahanagar Gas's annualized Gross Profit for the quarter that ended in Dec. 2024 was ₹23,174 Mil. Mahanagar Gas's average Total Assets over the quarter that ended in Dec. 2024 was ₹79,557 Mil. Therefore, Mahanagar Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 29.13%.

Mahanagar Gas Gross-Profit-to-Asset % Historical Data

The historical data trend for Mahanagar Gas's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mahanagar Gas Gross-Profit-to-Asset % Chart

Mahanagar Gas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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37.29

28.79

26.25

29.13

35.78

Mahanagar Gas Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															38.80	21.07	35.80	33.21	29.13

Competitive Comparison of Mahanagar Gas's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Mahanagar Gas's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mahanagar Gas's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mahanagar Gas's Gross-Profit-to-Asset % falls into.

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Mahanagar Gas Gross-Profit-to-Asset % Calculation

Mahanagar Gas's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	23998.6	/	( (60323.1	+	73812.9)	/ 2 )
	=	23998.6	/	67068
	=	35.78 %

Mahanagar Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	23174	/	( (79557.4	+	0)	/ 1 )
	=	23174	/	79557.4
	=	29.13 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Mahanagar Gas Gross-Profit-to-Asset % Related Terms

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Mahanagar Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mahanagar Gas Ltd (NSE:MGL) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

539957:India

Address

Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.mahanagargas.com

Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.

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