Mahanagar Gas Limited Cash Flow Conversion Efficiency

Latest as of September 2025: 0.086x

Mahanagar Gas Limited cash flow conversion efficiency. Based on the latest financial reports, Mahanagar Gas Limited (MGL) has a cash flow conversion efficiency ratio of 0.086x 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 (Rs5.36 Billion ≈ $57.93 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.

Cash Flow Conversion Efficiency of Mahanagar Gas Limited (2011–2026)

Cash flow conversion efficiency of Mahanagar Gas Limited from 2011 to 2026. This chart illustrates how Mahanagar Gas Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Mahanagar Gas Limited stock quote for real-time trading data and today's change.

Mahanagar Gas Limited Cash Flow Conversion Ratio Explained

Mahanagar Gas Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see how much is Mahanagar Gas Limited worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Visionox Technology Inc SHE:002387	0.150x
Willdan Group Inc NASDAQ:WLDN	0.125x
Nsfocus Information Technology Co Ltd SHE:300369	-0.005x
Hagar hf IC:HAGA	0.078x
Inner Mongolia Lantai Industrial Co Ltd SHG:600328	-0.009x
Lendlease Group AU:LLC	-0.092x
He Bei Cheng De LoLo Co Ltd SHE:000848	0.076x
Securitize Corp. NYSE:SECZ	0.061x

Annual Cash Flow Conversion Efficiency for Mahanagar Gas Limited (2011–2026)

The table below shows the annual cash flow conversion efficiency of Mahanagar Gas Limited from 2011 to 2026. Review Mahanagar Gas Limited (MGL) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs64.42 Billion ≈ $696.63 Million	Rs11.78 Billion ≈ $127.41 Million	0.183x	-23.31%
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

$1.12 Billion

Rs103.57 Billion INR

Market Cap Rank

#8099 Global

#397 in India

Share Price

Rs1048.50

Change (1 day)

-0.43%

52-Week Range

Rs908.40 - Rs1277.30

All Time High

Rs1964.95