Mahanagar Gas Limited (MGL) - Total Liabilities

Latest as of September 2025: Rs24.41 Billion INR ≈ $264.01 Million USD

Based on the latest financial reports, Mahanagar Gas Limited (MGL) has total liabilities worth Rs24.41 Billion INR (≈ $264.01 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore how efficiently does Mahanagar Gas Limited generate cash to assess how effectively this company generates cash.

Mahanagar Gas Limited - Total Liabilities Trend (2011–2025)

This chart illustrates how Mahanagar Gas Limited's total liabilities have evolved over time, based on quarterly financial data. Check MGL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Mahanagar Gas Limited Competitors by Total Liabilities

The table below lists competitors of Mahanagar Gas Limited ranked by their total liabilities.

Company	Country	Total Liabilities
Bitfarms Ltd NASDAQ:BITF	USA	$189.92 Million
H&K AG PA:MLHK	France	€347.80 Million
Jiangsu Favored Nanotechnology Co. Ltd. A SHG:688371	China	CN¥108.65 Million
YCC CORP KQ:232140	Korea	₩122.69 Billion
Tanac Automation Co Ltd SHE:300461	China	CN¥409.56 Million
Kinh Bac City Development Share Holding Corp VN:KBC	Vietnam	₫43.01 Trillion
China Harzone Industry Corp Ltd SHE:300527	China	CN¥809.82 Million
Malion New Materials Co Ltd SHE:300586	China	CN¥1.44 Billion

Liability Composition Analysis (2011–2025)

This chart breaks down Mahanagar Gas Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Mahanagar Gas Limited market capitalisation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.08	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	0.08	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.39	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.28	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Mahanagar Gas Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Mahanagar Gas Limited (2011–2025)

The table below shows the annual total liabilities of Mahanagar Gas Limited from 2011 to 2025.

Year	Total Liabilities	Change
2025-03-31	Rs23.75 Billion ≈ $256.90 Million	+5.76%
2024-03-31	Rs22.46 Billion ≈ $242.92 Million	+18.34%
2023-03-31	Rs18.98 Billion ≈ $205.27 Million	+15.99%
2022-03-31	Rs16.36 Billion ≈ $176.98 Million	+19.56%
2021-03-31	Rs13.69 Billion ≈ $148.03 Million	+16.41%
2020-03-31	Rs11.76 Billion ≈ $127.16 Million	+12.83%
2019-03-31	Rs10.42 Billion ≈ $112.71 Million	+13.91%
2018-03-31	Rs9.15 Billion ≈ $98.94 Million	+16.66%
2017-03-31	Rs7.84 Billion ≈ $84.81 Million	-5.33%
2016-03-31	Rs8.28 Billion ≈ $89.58 Million	+47.15%
2015-03-31	Rs5.63 Billion ≈ $60.88 Million	-16.90%
2014-03-31	Rs6.77 Billion ≈ $73.25 Million	+12.83%
2013-03-31	Rs6.00 Billion ≈ $64.92 Million	+25.27%
2012-03-31	Rs4.79 Billion ≈ $51.83 Million	+29.65%
2011-03-31	Rs3.70 Billion ≈ $39.97 Million	--

About Mahanagar Gas Limited

NSE:MGL India Utilities - Regulated Gas

Market Cap

$1.21 Billion

Rs112.18 Billion INR

Market Cap Rank

#8292 Global

#392 in India

Share Price

Rs1135.65

Change (1 day)

-0.90%

52-Week Range

Rs908.40 - Rs1542.40

All Time High

Rs1964.95