Mahanagar Gas Limited (MGL) - Total Assets

Latest as of March 2026: Rs89.81 Billion INR ≈ $971.27 Million USD

Based on the latest financial reports, Mahanagar Gas Limited (MGL) holds total assets worth Rs89.81 Billion INR (≈ $971.27 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore MGL operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Mahanagar Gas Limited - Total Assets Trend (2011–2026)

This chart illustrates how Mahanagar Gas Limited's total assets have evolved over time, based on quarterly financial data. See Mahanagar Gas Limited book value and equity for net asset value and shareholders' equity analysis.

Mahanagar Gas Limited - Asset Composition Analysis

Current Asset Composition (March 2026)

Mahanagar Gas Limited's total assets of Rs89.81 Billion consist of 20.5% current assets and 79.6% non-current assets.

Asset Category Amount (INR) % of Total Assets
Cash & Equivalents Rs0.00 1.3%
Accounts Receivable Rs4.59 Billion 5.1%
Inventory Rs625.80 Million 0.7%
Property, Plant & Equipment Rs0.00 0.0%
Intangible Assets Rs3.96 Billion 4.4%
Goodwill Rs109.20 Million 0.1%

Asset Composition Trend (2011–2026)

This chart illustrates how Mahanagar Gas Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Mahanagar Gas Limited (MGL) total market value.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Mahanagar Gas Limited's current assets represent 20.5% of total assets in 2026, a decrease from 24.0% in 2011.
  • Cash Position: Cash and equivalents constituted 1.3% of total assets in 2026, down from 3.7% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 5.1% of total assets.

Mahanagar Gas Limited Competitors by Total Assets

Key competitors of Mahanagar Gas Limited based on total assets are shown below.

Company Country Total Assets
Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN
Romania RON10.92 Billion
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
Brazil R$14.87 Billion
Chongqing Gas Grp Corp Ltd
SHG:600917
China CN¥10.95 Billion
Metrogas SA
BA:METR
Argentina AR$1.39 Trillion
Shin Shin Natural Gas Co Ltd
TW:9918
Taiwan NT$5.86 Billion
Camuzzi Gas Pampeana SA
BA:CGPA2
Argentina AR$658.34 Billion
GREENHY2 Ltd
AU:H2G
Australia AU$4.37 Million
Naturgy BAN SA
BA:GBAN
Argentina AR$713.19 Billion

Mahanagar Gas Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.94 1.04 1.58
Quick Ratio 0.91 1.01 1.56
Cash Ratio 0.00 0.07 0.00
Working Capital Rs-1.22 Billion Rs714.00 Million Rs6.43 Billion

Mahanagar Gas Limited - Advanced Valuation Insights

This section examines the relationship between Mahanagar Gas Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.64
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 8.6%
Total Assets Rs89.81 Billion
Market Capitalization $1.20 Billion USD

Valuation Analysis

Below Book Valuation: The market values Mahanagar Gas Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Mahanagar Gas Limited's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Mahanagar Gas Limited (2011–2026)

The table below shows the annual total assets of Mahanagar Gas Limited from 2011 to 2026.

Year Total Assets Change
2026-03-31 Rs89.81 Billion
≈ $971.27 Million
+8.60%
2025-03-31 Rs82.70 Billion
≈ $894.39 Million
+12.04%
2024-03-31 Rs73.81 Billion
≈ $798.26 Million
+22.36%
2023-03-31 Rs60.32 Billion
≈ $652.37 Million
+15.26%
2022-03-31 Rs52.34 Billion
≈ $566.02 Million
+13.75%
2021-03-31 Rs46.01 Billion
≈ $497.60 Million
+11.45%
2020-03-31 Rs41.29 Billion
≈ $446.48 Million
+19.98%
2019-03-31 Rs34.41 Billion
≈ $372.13 Million
+14.31%
2018-03-31 Rs30.10 Billion
≈ $325.55 Million
+14.71%
2017-03-31 Rs26.24 Billion
≈ $283.80 Million
+11.37%
2016-03-31 Rs23.56 Billion
≈ $254.82 Million
+8.74%
2015-03-31 Rs21.67 Billion
≈ $234.34 Million
+9.76%
2014-03-31 Rs19.74 Billion
≈ $213.51 Million
+10.73%
2013-03-31 Rs17.83 Billion
≈ $192.82 Million
+15.31%
2012-03-31 Rs15.46 Billion
≈ $167.22 Million
+20.36%
2011-03-31 Rs12.85 Billion
≈ $138.93 Million
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About Mahanagar Gas Limited

NSE:MGL India Utilities - Regulated Gas
Market Cap
$1.20 Billion
Rs110.68 Billion INR
Market Cap Rank
#8014 Global
#399 in India
Share Price
Rs1120.50
Change (1 day)
+0.18%
52-Week Range
Rs908.40 - Rs1363.20
All Time High
Rs1964.95
About

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing a… Read more