Mahanagar Gas Limited (MGL) - Total Liabilities

Latest as of March 2026: Rs25.40 Billion INR ≈ $274.64 Million USD

Based on the latest financial reports, Mahanagar Gas Limited (MGL) has total liabilities worth Rs25.40 Billion INR (≈ $274.64 Million USD) as of March 2026. 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.

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

This chart illustrates how Mahanagar Gas Limited's total liabilities have evolved over time, based on quarterly financial data. See Mahanagar Gas Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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
The Wendy’s Co NASDAQ:WEN	USA	$4.84 Billion
Two Harbors Investments Corp NYSE:TWO	USA	$8.80 Billion
SP Setia Bhd KLSE:8664	Malaysia	RM10.75 Billion
Bangkok Life Assurance Public Company Limited BK:BLA	Thailand	฿270.08 Billion
ROMANDE ENERGIE SA SW:REHN	Switzerland	CHF701.99 Million
Winmark Corporation NASDAQ:WINA	USA	$81.28 Million
Forbo Holding AG SW:FORN	Switzerland	CHF349.90 Million
ACV Auctions Inc. NASDAQ:ACVA	USA	$732.05 Million

Liability Composition Analysis (2011–2026)

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	0.94	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	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.40	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 (2011–2026)

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

Year	Total Liabilities	Change
2026-03-31	Rs25.40 Billion ≈ $274.64 Million	+6.91%
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

$1.29 Billion

Rs119.59 Billion INR

Market Cap Rank

#7970 Global

#383 in India

Share Price

Rs1210.70

Change (1 day)

+0.15%

52-Week Range

Rs908.40 - Rs1542.40

All Time High

Rs1964.95