Mahanagar Gas (NSE:MGL) Marketable Securities: ₹12,297 Mil (As of Mar. 2026)

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NSE:MGL Mahanagar Gas Ltd NSE:MGL
99 GF Score
Price ₹1,100.40
GF Value ₹1,573.87
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Mahanagar Gas Marketable Securities?

Mahanagar Gas NSE:MGL -1.14% 99 Marketable Securities is ₹12,297 Mil as of Mar. 2026. GuruFocus rates NSE:MGL with a GF Score™ of 99/100 and a GF Value™ of ₹1,573.87 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Mahanagar Gas's Marketable Securities for the quarter that ended in Mar. 2026 was ₹12,297 Mil.

Mahanagar Gas's annual Marketable Securities declined from Mar. 2024 (₹13,097 Mil) to Mar. 2025 (₹12,481 Mil) and declined from Mar. 2025 (₹12,481 Mil) to Mar. 2026 (₹12,297 Mil).

Mahanagar Gas  (NSE:MGL) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Mahanagar Gas Marketable Securities Related Terms

Mahanagar Gas Marketable Securities Historical Data

* Premium members only.

The historical data trend for Mahanagar Gas's Marketable Securities 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.

Mahanagar Gas Marketable Securities Chart

Mahanagar Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,667.00 14,128.20 13,097.30 12,480.90 12,296.90

Mahanagar Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,480.90 0.00 14,022.20 0.00 12,296.90
NSE:MGL
99GF Score
Mahanagar Gas Ltd NSE:MGL
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Gas Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of ₹12,297 Mil mean?
Mahanagar Gas (NSE:MGL) has a Marketable Securities of ₹12,297 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Mahanagar Gas and its competitors.
Is Mahanagar Gas' Marketable Securities too high?
Mahanagar Gas' current Marketable Securities is ₹12,297 Mil. Overall, Mahanagar Gas has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Gas' Marketable Securities compare to ATO and NI?
Mahanagar Gas' Marketable Securities of ₹12,297 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for an Utilities - Regulated company?
A good Marketable Securities depends on the Utilities - Regulated industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Mahanagar Gas and its competitors. Mahanagar Gas's current Marketable Securities is ₹12,297 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahanagar Gas stock overvalued right now?
Based on GuruFocus' analysis, Mahanagar Gas (NSE:MGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,573.87, compared to a current price of ₹1,100.40 — trading 30.1% below its estimated fair value. The current Marketable Securities is ₹12,297 Mil. Mahanagar Gas' overall GF Score™ is 99/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Marketable Securities is ₹12,297 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahanagar Gas (NSE:MGL) Overvalued in 2026?

Based on GuruFocus' analysis, Mahanagar Gas stock appears to be undervalued. The current stock price of ₹1,100.40 is trading 30.1% below its estimated GF Value™ of ₹1,573.87. GuruFocus considers Mahanagar Gas to be Significantly Undervalued.

Key valuation signals for NSE:MGL:

  • Marketable Securities: ₹12,297 Mil
  • GF Value™: ₹1,573.87 vs. price of ₹1,100.40 (30.1% below fair value)
  • GF Score™: 99/100 with 5 warning signs

No single metric tells the full story. See the NSE:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mahanagar Gas Business Description

Other Exchanges 539957:India
Address Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051
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.
99GF Score

Get the complete analysis for NSE:MGL

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,100.40
Price
₹1,573.87
GF Value