Mahanagar Gas Limited (MGL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.003x

Based on the latest financial reports, Mahanagar Gas Limited (MGL) has a cash flow conversion efficiency ratio of 0.003x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs175.06 Million ≈ $1.89 Million USD) by net assets (Rs62.23 Billion ≈ $673.04 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Mahanagar Gas Limited - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Mahanagar Gas Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Mahanagar Gas Limited balance sheet liabilities for a breakdown of total debt and financial obligations.

Mahanagar Gas Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Mahanagar Gas Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
YCC CORP KQ:232140	0.072x
Jiangsu Favored Nanotechnology Co. Ltd. A SHG:688371	N/A
H&K AG PA:MLHK	0.239x
Bitfarms Ltd NASDAQ:BITF	-0.098x
Tanac Automation Co Ltd SHE:300461	-0.051x
Kinh Bac City Development Share Holding Corp VN:KBC	-0.106x
China Harzone Industry Corp Ltd SHE:300527	0.010x
Malion New Materials Co Ltd SHE:300586	0.008x

Annual Cash Flow Conversion Efficiency for Mahanagar Gas Limited (2011–2025)

The table below shows the annual cash flow conversion efficiency of Mahanagar Gas Limited from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Mahanagar Gas Limited (MGL) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs58.95 Billion ≈ $637.50 Million	Rs14.06 Billion ≈ $152.03 Million	0.238x	-21.89%
2024-03-31	Rs51.35 Billion ≈ $555.34 Million	Rs15.68 Billion ≈ $169.56 Million	0.305x	+30.23%
2023-03-31	Rs41.34 Billion ≈ $447.10 Million	Rs9.69 Billion ≈ $104.83 Million	0.234x	-6.67%
2022-03-31	Rs35.97 Billion ≈ $389.04 Million	Rs9.04 Billion ≈ $97.73 Million	0.251x	+0.80%
2021-03-31	Rs32.32 Billion ≈ $349.57 Million	Rs8.06 Billion ≈ $87.11 Million	0.249x	-25.12%
2020-03-31	Rs29.53 Billion ≈ $319.32 Million	Rs9.83 Billion ≈ $106.27 Million	0.333x	+16.65%
2019-03-31	Rs23.99 Billion ≈ $259.43 Million	Rs6.84 Billion ≈ $74.01 Million	0.285x	-8.34%
2018-03-31	Rs20.95 Billion ≈ $226.60 Million	Rs6.52 Billion ≈ $70.53 Million	0.311x	+4.75%
2017-03-31	Rs18.40 Billion ≈ $198.99 Million	Rs5.47 Billion ≈ $59.12 Million	0.297x	+6.71%
2016-03-31	Rs15.28 Billion ≈ $165.24 Million	Rs4.25 Billion ≈ $46.01 Million	0.278x	+4.66%
2015-03-31	Rs16.04 Billion ≈ $173.47 Million	Rs4.27 Billion ≈ $46.15 Million	0.266x	-13.23%
2014-03-31	Rs12.97 Billion ≈ $140.26 Million	Rs3.98 Billion ≈ $43.00 Million	0.307x	-17.38%
2013-03-31	Rs11.83 Billion ≈ $127.90 Million	Rs4.39 Billion ≈ $47.46 Million	0.371x	-7.47%
2012-03-31	Rs10.67 Billion ≈ $115.40 Million	Rs4.28 Billion ≈ $46.28 Million	0.401x	+21.58%
2011-03-31	Rs9.15 Billion ≈ $98.96 Million	Rs3.02 Billion ≈ $32.64 Million	0.330x	--

About Mahanagar Gas Limited

NSE:MGL India Utilities - Regulated Gas

Market Cap

$1.21 Billion

Rs112.18 Billion INR

Market Cap Rank

#8292 Global

#392 in India

Share Price

Rs1135.65

Change (1 day)

-0.90%

52-Week Range

Rs908.40 - Rs1542.40

All Time High

Rs1964.95