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Realtime updates for Mahanagar Gas Limited [MGL.NS]

Exchange: NSE Sector: Utilities Industry: Utilities—Regulated Gas
Upcoming Earnings Alert

Quarter results today
(bmo 2024-05-09)

Expected move: +/- 3.25%

Last Updated9 May 2024 @ 05:59
25% discount on Stockinvest.us - Use code: Podcast

-3.54% INR 1 329.75

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 05:59):

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers...

Stats
Today's Volume 505 898
Average Volume 639 831
Market Cap 131.35B
EPS INR0 ( 2024-05-05 )
Next earnings date ( INR0 ) 2024-08-01
Last Dividend INR16.00 ( 2023-08-14 )
Next Dividend INR0 ( N/A )
P/E 10.16
ATR14 INR1.909 (0.14%)

Volume Correlation

Long: -0.71 (moderate negative)
Short: -0.61 (weak negative)
Signal:(47.756) Neutral

Mahanagar Gas Limited Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Mahanagar Gas Limited Correlation - Currency/Commodity

The country flag -0.65
( weak negative )
The country flag 0.14
( neutral )
The country flag -0.72
( moderate negative )
The country flag -0.09
( neutral )
The country flag -0.39
( neutral )
The country flag 0.68
( moderate )

Mahanagar Gas Limited Financials

Annual 2022
Revenue: INR62.99B
Gross Profit: INR18.64B (29.60 %)
EPS: INR79.98
FY 2022
Revenue: INR62.99B
Gross Profit: INR18.64B (29.60 %)
EPS: INR79.98
FY 2022
Revenue: INR35.36B
Gross Profit: INR12.91B (36.50 %)
EPS: INR60.43
FY 2021
Revenue: INR21.36B
Gross Profit: INR12.57B (58.84 %)
EPS: INR62.72

Financial Reports:

No articles found.

Mahanagar Gas Limited Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR15.50
(N/A) 		INR0
(N/A) 		INR10.00
(N/A) 		INR0
(N/A) 		INR16.00
(N/A) 		INR0
(N/A) 		INR0
(N/A) 		INR0
(N/A) 		INR0
(N/A) 		INR0
(N/A)

Mahanagar Gas Limited Dividend Information - Dividend Knight

Dividend Sustainability Score: 4.46 - low (48.10%) | Divividend Growth Potential Score: 4.69 - Stable (6.30%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR7.50 2016-09-15
Last Dividend INR16.00 2023-08-14
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 15 --
Total Paid Out INR159.50 --
Avg. Dividend % Per Year 1.83% --
Score 3.26 --
Div. Sustainability Score 4.46
Div.Growth Potential Score 4.69
Div. Directional Score 4.57 --
Next Divdend (Est)
 (2024-07-01)
INR17.27 Estimate 7.41 %
Dividend Stability
0.30 Very Poor
Dividend Score
3.26
Pay Frequency
Semi-Annually
Yearly Payout
Year Amount Yield
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR19.00 2.18%
2019 INR20.00 2.19%
2020 INR24.50 2.30%
2021 INR23.00 2.17%
2022 INR25.00 2.85%
2023 INR26.00 3.08%
2024 INR0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

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SUMICHEM.NS Dividend Junior 2023-07-20 Annually 5 0.17%
NAHARSPING.NS Dividend Junior 2023-09-08 Annually 18 0.74%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.2061.5005.898.83[0 - 0.5]
returnOnAssetsTTM01.20000[0 - 0.3]
returnOnEquityTTM0.2931.5007.8510.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM00.800-5.00-4.00[1 - 3]
quickRatioTTM00.800-4.71-3.76[0.8 - 2.5]
cashRatioTTM01.500-1.111-1.667[0.2 - 2]
debtRatioTTM0-1.50000[0 - 0.6]
interestCoverageTTM175.881.00010.0010.00[3 - 30]
operatingCashFlowPerShareTTM52.632.0010.0010.00[0 - 30]
freeCashFlowPerShareTTM52.632.0010.0010.00[0 - 20]
debtEquityRatioTTM0-1.50000[0 - 2.5]
grossProfitMarginTTM0.4101.0006.506.50[0.2 - 0.8]
operatingProfitMarginTTM0.2771.0006.466.46[0.1 - 0.6]
cashFlowToDebtRatioTTM01.000-1.111-1.111[0.2 - 2]
assetTurnoverTTM00.800-3.33-2.67[0.5 - 2]
Total Score4.46

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM10.501.0009.040[1 - 100]
returnOnEquityTTM0.2932.508.6210.00[0.1 - 1.5]
freeCashFlowPerShareTTM52.632.0010.0010.00[0 - 30]
dividendYielPercentageTTM2.041.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM52.632.0010.0010.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM0.3241.500-1.1700[0.5 - 2]
operatingCashFlowSalesRatioTTM0.08271.000-0.4330[0.1 - 0.5]
Total Score4.69

Mahanagar Gas Limited

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1,738 dispensing points; 550 km of steel pipeline and approximately 5,670 km of MDPE pipeline; and 4,339 commercial and industrial customers. The company's PNG is used for various applications, such as cooking and water heating, as well as in hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship, etc. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

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