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. Read total liabilities of Mahanagar Gas Limited for a breakdown of total debt and financial obligations.
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. For live market cap and overall valuation, see Mahanagar Gas Limited (MGL) total market value.
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. Check Mahanagar Gas Limited (MGL) strategic asset index to assess the company's strategic physical and investment asset allocation.
| 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 | — |