Mahanagar Gas (NSE:MGL) Preferred Stock: ₹0 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 ₹1,572.31
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Mahanagar Gas Preferred Stock?

Mahanagar Gas NSE:MGL -1.14% 99 Preferred Stock is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:MGL with a GF Score™ of 99/100 and a GF Value™ of ₹1,572.31 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Mahanagar Gas's preferred stock for the quarter that ended in Mar. 2026 was ₹0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Mahanagar Gas's Enterprise Value for the quarter that ended in Mar. 2026 was ₹80,321 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Mahanagar Gas's Book Value per Share for the quarter that ended in Mar. 2026 was ₹650.71.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Mahanagar Gas's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₹13.15.


Mahanagar Gas  (NSE:MGL) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Mahanagar Gas's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Mahanagar Gas's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Mahanagar Gas's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* 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 Preferred Stock Related Terms


Mahanagar Gas Preferred Stock Historical Data

* Premium members only.

The historical data trend for Mahanagar Gas's Preferred Stock 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 Preferred Stock Chart

Mahanagar Gas Annual Data
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Mahanagar Gas Quarterly Data
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NSE:MGL
99GF Score
Mahanagar Gas Ltd NSE:MGL
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Gas Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of ₹0 Mil mean?
Mahanagar Gas (NSE:MGL) has a Preferred Stock of ₹0 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Mahanagar Gas and its competitors.
Is Mahanagar Gas' Preferred Stock too high?
Mahanagar Gas' current Preferred Stock is ₹0 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' Preferred Stock compare to ATO and NI?
Mahanagar Gas' Preferred Stock of ₹0 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 Preferred Stock for an Utilities - Regulated company?
A good Preferred Stock depends on the Utilities - Regulated industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Mahanagar Gas and its competitors. Mahanagar Gas's current Preferred Stock is ₹0 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 ₹1,572.31, compared to a current price of ₹1,100.40 — trading 30% below its estimated fair value. The current Preferred Stock is ₹0 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 Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Preferred Stock is ₹0 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% below its estimated GF Value™ of ₹1,572.31. GuruFocus considers Mahanagar Gas to be Significantly Undervalued.

Key valuation signals for NSE:MGL:

  • Preferred Stock: ₹0 Mil
  • GF Value™: ₹1,572.31 vs. price of ₹1,100.40 (30% 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

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

₹1,100.40
Price
₹1,572.31
GF Value