Mahanagar Gas Limited Net Asset Quality Index
Mahanagar Gas Limited 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 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Mahanagar Gas Limited (2011–2026)
Net asset quality index of Mahanagar Gas Limited from 2011 to 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 Mahanagar Gas Limited (MGL) shareholders funds for net asset value and shareholders' equity analysis.
Mahanagar Gas Limited Net Asset Quality Index by Year (2011–2026)
Mahanagar Gas Limited net asset quality index by year from 2011 to 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 live market cap and overall valuation, see Mahanagar Gas Limited (MGL) total market value.
| 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 | — |