Mahanagar Gas Limited (MGL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.086x

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. Also see MGL company net worth for the company's overall valuation and market capitalisation.

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

This chart illustrates how Mahanagar Gas Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Mahanagar Gas Limited cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Guangdong CHJ Industry Co Ltd SHE:002345	-0.164x
Xinjiang Tianye Co Ltd SHG:600075	0.109x
Sinosteel Engineering and Technology Co Ltd SHE:000928	0.194x
Talant Optronics (Suzhou) Co. Ltd. SHE:301045	N/A
Acbel Polytech Inc TW:6282	0.013x
TheRealReal Inc NASDAQ:REAL	-0.004x
Meren Energy ST:MER	0.166x
ScanSource Inc NASDAQ:SCSC	-0.002x

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. View Mahanagar Gas Limited share price for real-time trading data and today's change.

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

$1.15 Billion

Rs106.69 Billion INR

Market Cap Rank

#8279 Global

#404 in India

Share Price

Rs1080.10

Change (1 day)

+0.78%

52-Week Range

Rs908.40 - Rs1344.70

All Time High

Rs1964.95