Mahanagar Gas Limited (MGL) — Net Asset Quality Index
Mahanagar Gas Limited (MGL) has a Net Asset Quality Index of 71.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs89.81 Billion minus total liabilities of Rs25.40 Billion yields net assets of Rs64.42 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check MGL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Mahanagar Gas Limited Net Asset Quality Index Over Time (2011–2026)
This chart shows how Mahanagar Gas Limited's Net Asset Quality Index has evolved across 16 annual periods from 2011 to 2026. As of March 2026, the index stands at 71.7%, representing net assets of Rs64.42 Billion against total assets of Rs89.81 Billion INR. See how liquid is Mahanagar Gas Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Mahanagar Gas Limited (2011–2026)
The table below presents the year-by-year Net Asset Quality Index for Mahanagar Gas Limited from 2011 to 2026, covering 16 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Mahanagar Gas Limited market capitalisation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 71.7% | Rs64.42 Billion | Rs89.81 Billion | Rs25.40 Billion | ▲ +0.4 pp |
| 2025 | 71.3% | Rs58.95 Billion | Rs82.70 Billion | Rs23.75 Billion | ▲ +1.7 pp |
| 2024 | 69.6% | Rs51.35 Billion | Rs73.81 Billion | Rs22.46 Billion | ▲ +1.0 pp |
| 2023 | 68.5% | Rs41.34 Billion | Rs60.32 Billion | Rs18.98 Billion | ▼ -0.2 pp |
| 2022 | 68.7% | Rs35.97 Billion | Rs52.34 Billion | Rs16.36 Billion | ▼ -1.5 pp |
| 2021 | 70.3% | Rs32.32 Billion | Rs46.01 Billion | Rs13.69 Billion | ▼ -1.3 pp |
| 2020 | 71.5% | Rs29.53 Billion | Rs41.29 Billion | Rs11.76 Billion | ▲ +1.8 pp |
| 2019 | 69.7% | Rs23.99 Billion | Rs34.41 Billion | Rs10.42 Billion | ▲ +0.1 pp |
| 2018 | 69.6% | Rs20.95 Billion | Rs30.10 Billion | Rs9.15 Billion | ▼ -0.5 pp |
| 2017 | 70.1% | Rs18.40 Billion | Rs26.24 Billion | Rs7.84 Billion | ▲ +5.3 pp |
| 2016 | 64.8% | Rs15.28 Billion | Rs23.56 Billion | Rs8.28 Billion | ▼ -9.2 pp |
| 2015 | 74.0% | Rs16.04 Billion | Rs21.67 Billion | Rs5.63 Billion | ▲ +8.3 pp |
| 2014 | 65.7% | Rs12.97 Billion | Rs19.74 Billion | Rs6.77 Billion | ▼ -0.6 pp |
| 2013 | 66.3% | Rs11.83 Billion | Rs17.83 Billion | Rs6.00 Billion | ▼ -2.7 pp |
| 2012 | 69.0% | Rs10.67 Billion | Rs15.46 Billion | Rs4.79 Billion | ▼ -2.2 pp |
| 2011 | 71.2% | Rs9.15 Billion | Rs12.85 Billion | Rs3.70 Billion | — |