Mahanagar Gas Ltd · NSE:MGL
Mahanagar Gas — Q1 FY27 Earnings Presentation
17 slides from Mahanagar Gas's earnings presentation, Jul 31, 2026
Slide 1: Exchange filing cover letter for investor presentation
Ref: MGL/CS/SE/2026/711 Date: July 31, 2026 To, Head, Listing Compliance Department Head, Listing Compliance Department BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, Bandra – Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code
Slide 2: Investor Presentation July 2026
INVESTOR PRESENTATION July - 2026
Slide 3: Safe Harbor
Safe Harbor This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward-looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being
Slide 4: MGL: An Introduction
MGL : An Introduction
Slide 5: One of the largest CGD Companies in India
One of the largest CGD Companies in India Consistent Track Record Secured Gas Availability Strong Customer Base > 30 years of consistent growth APM, NWG, HPHT, Term RLNG CNG 1.31mn Vehicles PNG 3.24mn + households Infrastructure Exclusivity/Reach Commitment to HSE Robust Financials Over 8,477 Kms Pi
Slide 6: Areas of Operation
Areas of Operation 45,691 47,96,180 Area (sq Km) Urban Households 519 752 7,725 CNG Stations Steel Pipeline PE Pipeline (No) Length (Km) Length (Km) 13,11,105 32,41,195 6,198 CNG Vehicles PNG Household Industrial Commercial (No) Connections Customers MGL’s existing Geographical Areas (GA) GAs of ers
Slide 7: Infrastructure
Infrastructure Domestic Household Connections in ‘000 Industrial & Commercial Customers – Nos. 1,542 1,500 4,061 Cumulative Cumulative 3,241 6,198 1,977 128 26 8 38 59 81 9 11 GA 1 GA 2 GA 3 GA 4 GA 5 GA 6 GA 1 GA 2 GA 3 GA 4 GA 5 GA 6 CNG Vehicles (‘000) & Stations (Nos.) Pipeline (Steel & PE) in K
Slide 8: Operational & Financial Performance
Operational & Financial Performance
Slide 9: P/L Highlights - Standalone
P/L Highlights - Standalone ₹ Crore Particulars Q1 FY27 Q1 FY26 YoY Q4 FY26 QoQ Revenues 2,371.71 2,081.38 13.95% 2,051.22 15.62% Gross Profit 639.24 771.67 (17.16%) 570.24 12.10% EBITDA 342.98 500.71 (31.50%) 260.34 31.74% EBIDTA Margins 14.46% 24.06% - 12.69% - PBT 259.07 432.22 (40.06%) 178.48 45
Slide 10: Balance Sheet - Standalone
Balance Sheet - Standalone ₹ Crore As at As at As at As at Particulars Particulars 31st March 2026 31st March 2025 31st March 2026 31st March 2025 ASSETS EQUITY AND LIABILITIES Non-current Assets 7,135 6,355 Equity 6,434 5,878 Property, Plant and Equipment 4,674 4,146 Equity Share Capital 99 99 Capi
Slide 11: Financial Performance
Financial Performance ₹ Crore Revenues (Net) Gross Profit (Gas Sales Less Gas Cost) 2,372 2,081 2,051 763 629 561 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 EBIDTA & Margins % PAT 24.06% 320 501 14.46% 12.69% 343 194 260 132 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Net Revenue - PY Q1 in
Slide 12: Operational Metrics
Operational Metrics INR/SCM Gas Sales Revenues (Net) Gas Cost 51.02 54.35 39.85 48.45 35.10 32.20 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Gross Profit (Gas Sales Less Gas Cost) EBIDTA 18.82 12.35 14.50 13.35 7.91 6.19 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Net Revenue - PY Q1 Revenu
Slide 13: Volumes - MMSCMD
Volumes - MMSCMD CNG DPNG 3.496 0.605 0.623 3.185 3.349 0.571 Q1 FY 26 Q4 FY 26 Q1 FY 27 Q1 FY 26 Q4 FY 26 Q1 FY 27 Industrial and Commercial Total 0.698 0.719 0.648 4.766 4.454 4.672 Q1 FY 26 Q4 FY 26 Q1 FY 27 Q1 FY 26 Q4 FY 26 Q1 FY 27 12 www.mahanagargas.com
Slide 14: Attractive Fuel Economics - MGL
Attractive Fuel Economics - MGL CNG is price competitive compared Commercial PNG is favourably to alternatives priced vs. alternate fuels 46.87% 46.87% 159.16 161.45 Benefits of CNG / PNG 111.21 111.21 122.23 97.83 12.09% 97.83 12.09% 120.50 86.00 86.00 • Price Advantage • Natural gas provides econo
Slide 15: Diversified Sourcing Strategy
Diversified Sourcing Strategy Sales Volume Composition – Q1 FY 27 Priority Segment Forms Majority • Distribution - Majority of MGL’s sales are from CNG and D-PNG • Gas for D-PNG - 100% APM allocation is available • Gas for CNG – Partially from APM and NWG allocation and balance from Market determine
Slide 16: Shareholding, Dividend and Market Capitalisation
Shareholding, Dividend and Market Capitalisation Dividend Per Share (Rs) 30 30 30 25 26 23 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Final Dividend of Rs.18/Share declared by Board included above subject to Shareholders approval at AGM Market Capitalisation (Rs cr.) 14,651 13,700 12,793 11,222 11,597 32.5
Slide 17: Thank You!
Thank You! MGL House, G-33, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 T +91 22 6678 5000 https://www.mahanagargas.com CIN : L40200MH1995PLC088133 Contact to : Runjhun Jain | Runjhun.jain1@in.ey.com Avantika Mishra | Avantika.mishra@in.ey.com