Mahanagar Gas Ltd.
MGLEnergy filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
27 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 27 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20190218 | 2018-12-31 | yes | |
| TRANSCRIPT | 20190528 | 2019-03-31 | yes | |
| TRANSCRIPT | 20190826 | 2019-06-30 | yes | |
| TRANSCRIPT | 20191223 | 2019-09-30 | yes | |
| TRANSCRIPT | 20200306 | 2019-12-31 | yes | |
| TRANSCRIPT | 20200620 | 2020-03-31 | yes | |
| TRANSCRIPT | 20200825 | 2020-06-30 | yes | |
| TRANSCRIPT | 20201204 | 2020-09-30 | yes | |
| TRANSCRIPT | 20210301 | 2020-12-31 | yes | |
| TRANSCRIPT | 20220517 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220816 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221118 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230515 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230810 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231103 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240131 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240516 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240801 | 2024-06-30 | yes | |
| COVER_LETTER | 20240802 | 2024-06-30 | no | |
| TRANSCRIPT | 20250730 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241030 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250204 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250514 | 2025-03-31 | yes | |
| TRANSCRIPT | 20251107 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260216 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260514 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260807 | 2026-06-30 | yes |
MGL
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 1,079.60 |
| 52-week range | 908.4 – 1313.6 |
| Return 1M | -1.98% |
| Return 3M | -8.09% |
| Return 1Y | -15.56% |
| Return 3Y | 6.61% |
| Return 5Y | -1.59% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 2,599.00 |
| Other income | 30.00 |
| Total income | 2,629.00 |
| Cost of materials consumed | 1,734.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | -1.00 |
| Employee benefit expense | 46.00 |
| Finance costs | 6.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.33 | 0.00 |
| institutions foreign | 0.23 | -0.01 |
| institutions domestic | 0.23 | 0.02 |
| mutual funds | 0.11 | 0.02 |
| public | 0.68 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2024-06-30 | 1 |
| TRANSCRIPT | 2026-06-30 | 26 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,724.00 | 1,771.00 | 1,832.00 | 1,963.00 | 2,032.00 | 2,152.00 | 2,282.00 | 2,256.00 | 2,268.00 | 2,259.00 | 2,599.00 |
| Other income | 48.00 | 44.00 | 36.00 | 47.00 | 42.00 | 42.00 | 32.00 | 29.00 | 30.00 | 29.00 | 30.00 |
| Total income | 1,772.00 | 1,816.00 | 1,868.00 | 2,010.00 | 2,073.00 | 2,194.00 | 2,314.00 | 2,285.00 | 2,298.00 | 2,288.00 | 2,629.00 |
| Cost of materials consumed | 923.00 | 978.00 | 1,005.00 | 1,126.00 | 1,269.00 | 1,281.00 | 1,312.00 | 1,426.00 | 1,418.00 | 1,482.00 | 1,734.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | -0.00 | 2.00 | -0.00 | -0.00 | -1.00 | 0.00 | -0.00 | -0.00 | -0.00 | -1.00 | -1.00 |
| Employee benefit expense | 29.00 | 31.00 | 32.00 | 44.00 | 36.00 | 35.00 | 37.00 | 49.00 | 48.00 | 43.00 | 46.00 |
| Finance costs | 3.00 | 6.00 | 3.00 | 3.00 | 3.00 | 4.00 | 5.00 | 5.00 | 6.00 | 5.00 | 6.00 |
| Depreciation and amortisation | 68.00 | 88.00 | 83.00 | 85.00 | 91.00 | 93.00 | 96.00 | 104.00 | 104.00 | 106.00 | 109.00 |
| Other expenses | 323.00 | 367.00 | 358.00 | 380.00 | 403.00 | 441.00 | 433.00 | 444.00 | 451.00 | 474.00 | 476.00 |
| Total expenses | 1,346.00 | 1,470.00 | 1,482.00 | 1,638.00 | 1,801.00 | 1,854.00 | 1,882.00 | 2,028.00 | 2,026.00 | 2,110.00 | 2,371.00 |
| Profit before exceptional items and tax | 426.00 | 346.00 | 386.00 | 372.00 | 272.00 | 340.00 | 432.00 | 258.00 | 272.00 | 178.00 | 258.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 426.00 | 346.00 | 386.00 | 372.00 | 272.00 | 339.00 | 432.00 | 258.00 | 272.00 | 178.00 | 258.00 |
| Current tax | 99.00 | 81.00 | 91.00 | 87.00 | 41.00 | 77.00 | 100.00 | 56.00 | 59.00 | 24.00 | 48.00 |
| Deferred tax | 9.00 | 12.00 | 7.00 | 1.00 | 10.00 | 15.00 | 13.00 | 9.00 | 11.00 | 23.00 | 17.00 |
| Tax expense | 109.00 | 94.00 | 97.00 | 88.00 | 51.00 | 92.00 | 114.00 | 65.00 | 70.00 | 47.00 | 65.00 |
| Profit for the period | 317.00 | 252.00 | 289.00 | 284.00 | 221.00 | 247.00 | 318.00 | 191.00 | 201.00 | 130.00 | 193.00 |
| Profit attributable to owners | 317.00 | 252.00 | 289.00 | 284.00 | 221.00 | 247.00 | 318.00 | 191.00 | 201.00 | 130.00 | 193.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Other comprehensive income | -0.00 | 0.00 | -0.00 | 2.00 | -1.00 | -3.00 | -1.00 | -0.00 | 2.00 | 4.00 | 1.00 |
| Total comprehensive income | 317.00 | 253.00 | 288.00 | 285.00 | 220.00 | 244.00 | 317.00 | 191.00 | 203.00 | 134.00 | 194.00 |
| Earnings per share, basic | 32.11 | 25.54 | 29.23 | 28.70 | 22.39 | 25.01 | 32.18 | 19.37 | 20.36 | 13.15 | 19.54 |
| Earnings per share, diluted | 32.11 | 25.54 | 29.23 | 0.00 | 22.39 | 0.00 | 32.18 | 19.37 | 20.36 | 13.15 | 19.54 |
Annual results, as filed
| Line | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Revenue from operations | 6,914.00 | 7,979.00 | 9,065.00 |
| Other income | 175.00 | 167.00 | 120.00 |
| Total income | 7,089.00 | 8,146.00 | 9,185.00 |
| Cost of materials consumed | 3,645.00 | 4,680.00 | 5,637.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | -1.00 | -1.00 |
| Employee benefit expense | 119.00 | 147.00 | 177.00 |
| Finance costs | 13.00 | 14.00 | 21.00 |
| Depreciation and amortisation | 284.00 | 352.00 | 410.00 |
| Other expenses | 1,305.00 | 1,583.00 | 1,802.00 |
| Total expenses | 5,368.00 | 6,775.00 | 8,046.00 |
| Profit before exceptional items and tax | 1,722.00 | 1,370.00 | 1,140.00 |
| Exceptional items | 0.00 | -1.00 | 0.00 |
| Profit before tax | 1,722.00 | 1,370.00 | 1,140.00 |
| Current tax | 407.00 | 296.00 | 233.00 |
| Deferred tax | 38.00 | 34.00 | 61.00 |
| Tax expense | 445.00 | 329.00 | 294.00 |
| Profit for the period | 1,276.00 | 1,040.00 | 841.00 |
| Profit attributable to owners | 1,276.00 | 1,041.00 | 841.00 |
| Profit attributable to non-controlling interests | 0.00 | -0.00 | -1.00 |
| Other comprehensive income | -4.00 | -2.00 | 5.00 |
| Total comprehensive income | 1,273.00 | 1,038.00 | 846.00 |
| Earnings per share, basic | 129.21 | 105.33 | 85.15 |
| Earnings per share, diluted | 129.21 | 0.00 | 85.15 |
Balance sheet, as filed
| Line | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|
| Total assets | 7,381.00 | 7,956.00 | 8,270.00 | 8,665.00 | 8,981.00 |
| Non-current assets | 5,374.00 | 5,745.00 | 6,324.00 | 6,651.00 | 7,145.00 |
| Current assets | 2,008.00 | 2,211.00 | 1,946.00 | 2,014.00 | 1,837.00 |
| Property, plant and equipment | 3,777.00 | 3,967.00 | 4,422.00 | 4,614.00 | 4,985.00 |
| Capital work-in-progress | 823.00 | 898.00 | 1,068.00 | 1,172.00 | 1,270.00 |
| Goodwill | 71.00 | 71.00 | 11.00 | 11.00 | 11.00 |
| Other intangible assets | 518.00 | 503.00 | 421.00 | 409.00 | 396.00 |
| Inventories | 42.00 | 50.00 | 52.00 | 61.00 | 63.00 |
| Trade receivables | 296.00 | 298.00 | 364.00 | 487.00 | 459.00 |
| Cash and cash equivalents | 129.00 | 94.00 | 152.00 | 34.00 | 57.00 |
| Total equity and liabilities | 7,381.00 | 7,956.00 | 8,270.00 | 8,665.00 | 8,981.00 |
| Equity | 5,135.00 | 5,539.00 | 5,895.00 | 6,223.00 | 6,442.00 |
| Equity share capital | 99.00 | 99.00 | 99.00 | 99.00 | 99.00 |
| Other equity | 5,031.00 | 5,440.00 | 5,781.00 | 6,110.00 | 6,329.00 |
| Total liabilities | 2,246.00 | 2,417.00 | 2,375.00 | 2,441.00 | 2,540.00 |
| Non-current liabilities | 546.00 | 571.00 | 500.00 | 583.00 | 581.00 |
| Current liabilities | 1,700.00 | 1,846.00 | 1,875.00 | 1,858.00 | 1,959.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade payables | 348.00 | 377.00 | 431.00 | 390.00 | 479.00 |
Cash flow, as filed
| Line | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|
| Net cash from operating activities | 1,461.00 | 837.00 | 1,814.00 | 536.00 | 1,162.00 |
| Net cash from investing activities | -358.00 | -680.00 | -1,462.00 | -447.00 | -888.00 |
| Net cash from financing activities | -1,116.00 | -193.00 | -330.00 | -207.00 | -369.00 |
| Purchase of property, plant and equipment | 783.00 | 472.00 | 1,184.00 | 463.00 | 1,076.00 |
| Net increase in cash | -13.00 | -36.00 | 22.00 | -117.00 | -95.00 |
| con:CFO.BEFORE_TAX | 1,885.00 | 978.00 | 1,776.00 | 683.00 | 1,428.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 40.00 | -8.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 424.00 | 142.00 | 0.00 | 139.00 | 266.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 58.00 | 0.00 | 10.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 | 32.50 | 0.33 | 0.33 | 0.33 | 0.33 |
| Domestic institutions | 14.93 | 15.16 | 16.10 | 17.23 | 17.40 | 16.67 | 15.47 | 21.10 | 23.82 | 22.52 | 0.23 | 0.21 | 0.21 | 0.23 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 10.86 | 0.11 | 0.09 | 0.09 | 0.11 |
| Insurance companies | 13.07 | 12.64 | 13.80 | 12.74 | 11.73 | 11.05 | 10.09 | 10.58 | 10.29 | 11.21 | 0.11 | 0.11 | 0.11 | 0.11 |
| Foreign institutions | 30.95 | 32.38 | 30.51 | 30.85 | 30.55 | 31.49 | 34.20 | 25.75 | 23.76 | 25.48 | 0.24 | 0.25 | 0.24 | 0.23 |
| Government | — | — | — | — | — | — | — | — | — | 10.00 | 0.10 | 0.10 | 0.10 | 0.10 |
| Public | 67.50 | 67.50 | 67.50 | 67.50 | 67.50 | 67.50 | 67.50 | 67.50 | 67.50 | 67.50 | 0.68 | 0.68 | 0.68 | 0.68 |
| Non-institutional | 11.61 | 9.96 | 10.89 | 9.42 | 9.55 | 9.34 | 7.84 | 10.64 | 9.92 | 9.50 | 0.11 | 0.12 | 0.12 | 0.12 |
| Shares outstanding | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 | 98777778 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| GAIL (India) Limited | Promoter | Any other transaction, Dividend paid, Purchase of go | 17,329,000,000.00 | 8 |
| Unison Enviro Private Limited | Wholly-Owned Subsidiary | Any other transaction | 9,243,200,000.00 | 4 |
| Mahanagar LNG Private Limited | Subsidiary | Investment | 51,000,000.00 | 1 |
| Mr. Rajesh D. Patel | Chief Financial Officer (KMP) | Remuneration | 5,700,000.00 | 1 |
| Mr. Atul Prabhu | Company Secretary (KMP) | Remuneration | 3,600,000.00 | 1 |
| Mr. Ashu Shinghal | Managing Director | Any other transaction | 200,000.00 | 1 |
| Mr. Sanjay Shende | Deputy Managing Director | Any other transaction | 100,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-07 | Q1FY27 | DIRECTOR | Read the call |
| 2026-05-14 | Q4FY26 | DIRECTOR | Read the call |
| 2026-02-16 | Q3FY26 | Read the call | |
| 2025-11-07 | Q2FY26 | Read the call | |
| 2025-07-30 | Q1FY25 | SERVICES | Read the call |
| 2025-05-14 | Q4FY25 | Read the call | |
| 2025-02-04 | Q3FY25 | December, '24., MAHANAGAR GAS LIMITED, – MAHANAGAR GAS LIMITED | Read the call |
| 2024-10-30 | Q2FY25 | Read the call | |
| 2024-08-01 | Q1FY25 | LIMITED, Probal Sen: | Read the call |
| 2024-05-16 | Q4FY24 | Probal Sen:, at it?, construction season. | Read the call |
| 2024-01-31 | Q3FY24 | Probal Sen: | Read the call |
| 2023-11-03 | Q2FY24 | PRIVATE LIMITED, Probal Sen: | Read the call |
| 2023-08-10 | Q1FY24 | Amit Rustagi:, Managment:, on that front? | Read the call |
| 2023-05-15 | Q4FY23 | Read the call | |
| 2022-11-18 | Q2FY23 | S. Ramesh: | Read the call |
| 2022-08-16 | Q1FY23 | Read the call | |
| 2022-05-17 | Q4FY22 | DEPUTY, MAHANAGAR GAS LIMITED, SANJAY | Read the call |
| 2021-03-01 | Q3FY21 | DIRECTOR, MAHANAGAR GAS LIMITED, MAHANAGAR GAS LIMITED | Read the call |
| 2020-12-04 | Q2FY21 | DEEPAK, DIRECTOR, MAHANAGAR GAS LIMITED, MAHANAGAR GAS LIMITED, MANAGING, SANJIB | Read the call |
| 2020-08-25 | Q1FY21 | Nilesh Shah:, according to plan? | Read the call |
| 2020-06-20 | Q4FY20 | Ashutosh Chaubey:, Nitin Tiwari: | Read the call |
| 2020-03-06 | Q3FY20 | Mahanagar Gas Limited, Nitin Tiwari: | Read the call |
| 2019-12-23 | Q2FY20 | MAHANAGAR GAS LIMITED | Read the call |
| 2019-08-26 | Q1FY20 | MAHANAGAR GAS LIMITED, Probal Sen: | Read the call |
| 2019-05-28 | Q4FY19 | IR REPRESENTATIVE, MAHANAGAR GAS LIMITED, MANAGING, Probal Sen:, SANJIB, VICE PRESIDENT | Read the call |
| 2019-02-18 | Q3FY19 | MAHANAGAR GAS LIMITED, Probal Sen: | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY26 | Q4FY19 | Q4FY20 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | Secondly, what was the capex for the 9 months? | Sir I understand that you may not be able to share much about the strategy but if you can give us some at least a qualitative insight is there anythin… | Can you tell me what is the CAPEX for FY’20? | — | — | So what would be the CapEx for that 70,000 volume that you said? | — | Only one uncertainty which used to be there in the past on capex, which is will we get permissions or no. That has gone away. |
| Capital allocation | — | May 10, 2019 opportunities which we will be thinking of that is one of the primary reasons we are still holding on to the cash and not resorting to an… | The board of directors have declared a final dividend of 255% subject to approval of shareholders at the forthcoming annual general meeting. | MGL’s Board of Directors has approved final dividend of Rs.15.50 per equity share for FY 2021- 22, thus along with the already paid interim dividend o… | I am happy to announce that the Board of Directors has also approved the final dividend of Rs. | And the last one, your company completed the acquisition of 3 new GAs in February. | — | I'm happy to announce that Board has approved a final dividend subject to the approval of shareholders at the AGM at the rate of 180%, that is INR18 p… |
| Costs | — | — | — | — | — | If I look at the average, for example, till about Q4 for the last several quarters, it was at somewhere around INR5.7 to INR5.8 per SCM, including, of… | — | But in terms of your blended price of raw material, that has gone up considerably in April, May as compared to where it was in March, right? |
| Debt and cash | — | So is there any concrete plan to utilize these cash flows given that we do not have any new license areas beyond Raigad right now. | — | — | — | If I look at the kind of improvement that's happening in terms of our cash flows, in terms of our operating cash flows and in terms of our free cash f… | — | — |
| Demand | It has moderated to around 6% in this quarter, so could you help us understand the impact of gas supply disruption that was there due to the pipeline … | We are now operating 236 CNG stations, supplying CNG to 692,000 vehicles and our aggregate of steel and PE pipeline network stand at 5,310 kilometers. | That is what I was trying to ask and of course like on the pipeline to domestic household front I believe we are at about 35%, right? | We laid 125 km of steel and PE pipelines in the quarter thereby taking the aggregated pipeline length to about 6,221 km. | — | — | — | We have laid 138.48 kilometers of steel and PE pipeline, taking the total length to over 8,320.43 kilometers. |
| Guidance | Any change in the guidance for medium- to long-term volume growth? | One last question, guidance on volumes for next year remains at that 6% to 7% range and can we get the number of stations that you are looking to add … | With around 73% of normal volumes coming from CNG we expect MGL is better placed to bounce back fairly quickly post easing of lockdown. | — | Thus, we expect that with reduction in these CNG prices, new growth volume should pick up. | And going forward, sir, basically, if I can get a sense in terms of the sourcing mix now, given that volumes will also increase by maybe around -- as … | In terms of the CAPEX, what is our guidance for the FY ‘26 and what will be the broad breakup? | And so, given all of this, what is your volume growth guidance for, say, FY27 and also your margin guidance, if any? |
| Margin | So both put together, better sales realization despite, I think, a lower realization in case of industry, our overall company EBITDA per SCM has gone … | Gross margin is higher in value terms in the current quarter as compared to responding quarter in the previous year because of higher volumes in CNG a… | As a result current quarter’s EBITDA is Rs. | EBITDA for the Financial Year 2021-22 is Rs.924 crore compared to previous financial year EBITDA of Rs.934 crore. | EBITDA for the financial year 2022-23 is Rs. | Sir, if you look at your consolidated results and try to break it up, I get a revenue of around INR56 crores and a loss of INR12 crores before tax and… | — | EBITDA from operations for the financial year 2025-'26 is INR1,451 crores compared to previous financial year EBITDA of INR1,570 crores. |
| People | — | — | — | — | — | — | — | Firstly, with respect to the supply disruptions, we understand from Petronet LNG also that Dahej utilization slipped to about 53% in March versus abou… |
| Pricing | Sir, the second question was, has there been any price hikes or changes that has happened? | Sir wanted some clarity on the industrial and commercial volumes in terms of pricing we saw this quarter margins declining while simultaneously we are… | Was there any request from them to reduce their pricing given the weak spot in their prices or at least in the near term would there be any change in … | Such revision in gas allocation policy is expected to have a positive impact on CGD sector with regard to availability and overall pricing thereby fac… | How have the conversions moved during the quarter, and with the reduction in pricing, are we seeing any pickup in the conversions. | — | And secondly, if you look at the price increases you have taken between December and April and the kind of stabilization in the input gas cost, are we… | So, we have already taken a price increase on 22nd of April, INR1, okay. |
| Revenue growth | And these are the 2 main reasons for the flat or muted growth of CNG in Mumbai. | During the quarter, we have seen a growth of 7.4% in overall sales volume over the corresponding quarter in the previous year. | MGL being a debt free company in spite of likely adverse impact on our earnings in the current financial year, growth of infrastructure will not be ha… | — | — | — | And eventually will we see volume growth and the price increase helping you improve the top line growth and margins? | — |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2019-02-18 | Q3FY19 | Probal Sen: | For the last few quarters consistently we have been beating our conservative guidance of 6% to 7% sustainable growth, so is it time for us to look at FY2020 and give a fresh guidance or are we still sticking to our 6% to 7% of target, Request your views on that? |
| 2020-03-06 | Q3FY20 | Mahanagar Gas Limited | Raigad you talked about I think by this yearend probably we would have spent somewhere around 100 crores cumulative basis and at least around 150 crores will be spent further in the next financial year that is what we aim at once again of course subject to permissions from different authorities including forest department and highway authorities etc . |
| 2020-12-04 | Q2FY21 | MAHANAGAR GAS LIMITED | November 17, 2020 maintain over the next couple of years, so will we breach the Rs.10 range going forward if you could give us some idea and guidance on that, if not a guidance, at least color on how we should see this? |