Mahanagar Gas (NSE:MGL) Total Assets: ₹89,811 Mil (As of Mar. 2026)


NSE:MGL Mahanagar Gas Ltd NSE:MGL
97 GF Score
Price ₹1,143.40
GF Value ₹1,559.10
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mahanagar Gas Total Assets?

Mahanagar Gas NSE:MGL -1.60% 97 Total Assets is ₹89,811 Mil as of Mar. 2026. GuruFocus rates NSE:MGL with a GF Score™ of 97/100 and a GF Value™ of ₹1,559.10 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Mahanagar Gas's Total Assets for the quarter that ended in Mar. 2026 was ₹89,811 Mil.

During the past 12 months, Mahanagar Gas's average Total Assets Growth Rate was 12.00% per year. During the past 3 years, the average Total Assets Growth Rate was 19.60% per year. During the past 5 years, the average Total Assets Growth Rate was 21.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.

During the past 13 years, Mahanagar Gas's highest 3-Year average Total Assets Growth Rate was 23.90%. The lowest was 8.40%. And the median was 11.55%.

Total Assets is connected with ROA %. Mahanagar Gas's annualized ROA % for the quarter that ended in Mar. 2026 was 5.79%. Total Assets is also linked to Revenue through Asset Turnover. Mahanagar Gas's Asset Turnover for the quarter that ended in Mar. 2026 was 0.23.


Mahanagar Gas  (NSE:MGL) Total Assets Explanation

Total Assets is connected with ROA %.

Mahanagar Gas's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=5197.6/( (0+89811.2)/ 1 )
=5197.6/89811.2
=5.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Mahanagar Gas's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=20520.5/( (0+89811.2)/ 1 )
=20520.5/89811.2
=0.23

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Mahanagar Gas Total Assets Related Terms


Mahanagar Gas Total Assets Historical Data

* Premium members only.

The historical data trend for Mahanagar Gas's Total Assets 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 Total Assets Chart

Mahanagar Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52,338.00 60,323.10 72,534.00 82,702.10 89,811.20

Mahanagar Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 82,702.10 0.00 86,646.00 0.00 89,811.20
NSE:MGL
97GF Score
Mahanagar Gas Ltd NSE:MGL
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Gas Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Mahanagar Gas's Total Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (A: Mar. 2026 )+Total Liabilities (A: Mar. 2026 )
=64415.9+25395.3
=89,811

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

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=64415.9+25395.3
=89,811

* 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 Total Assets →
What does a Total Assets of ₹89,811 Mil mean?
Mahanagar Gas (NSE:MGL) has a Total Assets of ₹89,811 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Mahanagar Gas and its competitors.
Is Mahanagar Gas' Total Assets too high?
Mahanagar Gas' current Total Assets is ₹89,811 Mil. Overall, Mahanagar Gas has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Gas' Total Assets compare to ATO and NI?
Mahanagar Gas' Total Assets of ₹89,811 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 Total Assets for an Utilities - Regulated company?
A good Total Assets depends on the Utilities - Regulated industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Mahanagar Gas and its competitors. Mahanagar Gas's current Total Assets is ₹89,811 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 Modestly Undervalued. The stock's GF Value™ is ₹1,559.10, compared to a current price of ₹1,143.40 — trading 26.7% below its estimated fair value. The current Total Assets is ₹89,811 Mil. Mahanagar Gas' overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Total Assets is ₹89,811 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 ₹1,143.40 is trading 26.7% below its estimated GF Value™ of ₹1,559.10. GuruFocus considers Mahanagar Gas to be Modestly Undervalued.

Key valuation signals for NSE:MGL:

  • Total Assets: ₹89,811 Mil
  • GF Value™: ₹1,559.10 vs. price of ₹1,143.40 (26.7% below fair value)
  • GF Score™: 97/100 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.
97GF Score

Get the complete analysis for NSE:MGL

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

₹1,143.40
Price
₹1,559.10
GF Value