Mahanagar Gas (NSE:MGL) Total Liabilities: ₹25,395 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
View Full Analysis

What is Mahanagar Gas Total Liabilities?

Mahanagar Gas NSE:MGL -1.60% 97 Total Liabilities is ₹25,395 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 Liabilities for the quarter that ended in Mar. 2026 was ₹25,395 Mil.

Mahanagar Gas's quarterly Total Liabilities declined from Sep. 2025 (₹24,412.10 Mil) to Dec. 2025 (₹0.00 Mil) but then increased from Dec. 2025 (₹0.00 Mil) to Mar. 2026 (₹25,395.30 Mil).

Mahanagar Gas's annual Total Liabilities increased from Mar. 2024 (₹21,182.90 Mil) to Mar. 2025 (₹23,754.50 Mil) and increased from Mar. 2025 (₹23,754.50 Mil) to Mar. 2026 (₹25,395.30 Mil).

Mahanagar Gas Total Liabilities Historical Data

* Premium members only.

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

Mahanagar Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,364.90 18,980.90 21,182.90 23,754.50 25,395.30

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 Liabilities 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 23,754.50 0.00 24,412.10 0.00 25,395.30
NSE:MGL
97GF Score
Mahanagar Gas Ltd NSE:MGL
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahanagar Gas Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=19585.4+(1413.7+4396.2
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=25,395

Total Liabilities=Total Assets (A: Mar. 2026 )-Total Equity (A: Mar. 2026 )
=89811.2-64415.9
=25,395

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=19585.4+(1413.7+4396.2
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=25,395

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=89811.2-64415.9
=25,395

* 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 Liabilities →
What does a Total Liabilities of ₹25,395 Mil mean?
Mahanagar Gas (NSE:MGL) has a Total Liabilities of ₹25,395 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Mahanagar Gas and its competitors.
Is Mahanagar Gas' Total Liabilities too high?
Mahanagar Gas' current Total Liabilities is ₹25,395 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 Liabilities compare to ATO and NI?
Mahanagar Gas' Total Liabilities of ₹25,395 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 Liabilities for an Utilities - Regulated company?
A good Total Liabilities depends on the Utilities - Regulated industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Mahanagar Gas and its competitors. Mahanagar Gas's current Total Liabilities is ₹25,395 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 Liabilities is ₹25,395 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 Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Total Liabilities is ₹25,395 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 Liabilities: ₹25,395 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 Liabilities 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