Mahanagar Gas (NSE:MGL) Revenue: ₹82,457 Mil (TTM As of Mar. 2026)

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NSE:MGL Mahanagar Gas Ltd NSE:MGL
99 GF Score
Price ₹1,100.40
GF Value ₹1,573.35
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mahanagar Gas Revenue?

Mahanagar Gas NSE:MGL -1.14% 99 Revenue is ₹82,457 Mil as of Mar. 2026. GuruFocus rates NSE:MGL with a GF Score™ of 99/100 and a GF Value™ of ₹1,573.35 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Mahanagar Gas's revenue for the three months ended in Mar. 2026 was ₹20,521 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹82,457 Mil. Mahanagar Gas's Revenue per Share for the three months ended in Mar. 2026 was ₹207.67. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹834.60.

Warning Sign:

Mahanagar Gas Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Mahanagar Gas was 13.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 29.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 16.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Mahanagar Gas's highest 3-Year average Revenue per Share Growth Rate was 43.20% per year. The lowest was -1.20% per year. And the median was 10.80% per year.


Mahanagar Gas  (NSE:MGL) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Mahanagar Gas Revenue Related Terms


Mahanagar Gas Revenue Historical Data

* Premium members only.

The historical data trend for Mahanagar Gas's Revenue 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 Revenue Chart

Mahanagar Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35,364.60 62,772.70 62,669.10 72,638.00 82,457.00

Mahanagar Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 19,643.80 20,830.10 20,504.00 20,602.40 20,520.50

NSE:MGL vs ATO, NI, UGI: Revenue Comparison

For the Utilities - Regulated Gas subindustry, Mahanagar Gas's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's Revenue distribution charts can be found below:

* The bar in red indicates where Mahanagar Gas's Revenue falls into.


NSE:MGL
99GF Score
Mahanagar Gas Ltd NSE:MGL
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Gas Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹82,457 Mil.

* 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of ₹82,457 Mil mean?
Mahanagar Gas (NSE:MGL) has a Revenue of ₹82,457 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Mahanagar Gas and its competitors.
Is Mahanagar Gas' Revenue too high?
Mahanagar Gas' current Revenue is ₹82,457 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' Revenue compare to ATO and NI?
Mahanagar Gas' Revenue of ₹82,457 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 Revenue for an Utilities - Regulated company?
A good Revenue depends on the Utilities - Regulated industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Mahanagar Gas and its competitors. Mahanagar Gas's current Revenue is ₹82,457 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 ₹1,573.35, compared to a current price of ₹1,100.40 — trading 30.1% below its estimated fair value. The current Revenue is ₹82,457 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 Revenue calculated?
Revenue is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Revenue is ₹82,457 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 ₹1,573.35. GuruFocus considers Mahanagar Gas to be Significantly Undervalued.

Key valuation signals for NSE:MGL:

  • Revenue: ₹82,457 Mil
  • GF Value™: ₹1,573.35 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

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

₹1,100.40
Price
₹1,573.35
GF Value