Mahanagar Gas Ltd · NSE:MGL
Mahanagar Gas — FY2025 Earnings Presentation
18 slides from Mahanagar Gas's earnings presentation, May 7, 2025
Slide 1: Exchange filing cover letter for investor presentation
Ref: MGL/CS/SE/2025/615 Date: May 07, 2025 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 May 2025
INVESTOR PRESENTATION May - 2025
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, HPHT, Term RLNG CNG 1.14mn + Vehicles PNG 2.83mn + households Infrastructure Exclusivity/Reach Commitment to HSE Robust Financials Over 7,460 Kms Pipel
Slide 6: Areas of Operation
Areas of Operation 45,691 47,96,180 Area (sq Km) Urban Households 467 668 7,154 CNG Stations Steel Pipeline PE Pipeline (No) Length (Km) Length (Km) 11,67,000 28,71,747 5,194 CNG Vehicles PNG Household Industrial Commercial (No) Connections Customers Existing MGL’s Geographical Area (GA) Newly Acqui
Slide 7: Infrastructure – MGL
Infrastructure – MGL Domestic Household Connections in ‘000 CNG Vehicles (‘000) & Stations (Nos.) 1,396 1,341 569 518 Cumulative Cumulative CNG Vehicles 152 168 1,113 96 2,833 65 27 CNG Stations GA 1 GA 2 GA 3 CNG Vehicles CNG Stations 385 GA 1 GA 2 GA 3 Pipeline (Steel & PE) in Km Industrial & Comm
Slide 8: Infrastructure – UEPL
Infrastructure – UEPL Domestic Household Connections in ‘000 CNG Vehicles (‘000) & Stations (Nos.) 23 33 26 Cumulative 23 23 20 12 Cumulative CNG Vehicles 10 54 4 39 CNG Stations 82 Ratnagiri Latur & Chitradurga & CNG Vehicles CNG Stations Osmanabad Davanagere Ratnagiri Latur & Osmanabad Chitradurga
Slide 9: Operational & Financial Performance
Operational & Financial Performance
Slide 10: P/L Highlights - MGL
P/L Highlights - MGL ₹ Crore Particulars Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenues 1,864.85 1,567.05 19.00% 1,757.57 6.10% 6,923.68 6,244.53 10.88% Gross Profit 651.58 615.36 5.89% 552.73 17.88% 2,465.76 2,626.46 -6.12% EBITDA 378.38 393.78 -3.91% 314.40 20.35% 1,509.78 1,842.63 -18.06% EB
Slide 11: Balance Sheet - MGL
Balance Sheet - MGL ₹ Crore As at As at As at As at 31st March 2025 31st March 2024 31st March 2025 31st March 2024 ASSETS EQUITY AND LIABILITIES Equity 5,889 5,143 Non-current Assets 6,313 5,365 Equity Share Capital 99 99 Property, Plant and Equipment 4,104 3,543 Other Equity 5,791 5,044 Capital Wo
Slide 12: Financial Performance - MGL
Financial Performance - MGL ₹ Crore Revenues Gross Profit (Gas Sales Less Gas Cost) 11% 19% 1567 1758 1865 6245 6924 609 546 646 2604 2442 Q4 FY24 Q3 FY25 Q4 FY25 FY 2024 FY 2025 Q4 FY24 Q3 FY25 Q4 FY25 FY 2024 FY 2025 EBIDTA & Margins PAT 30% 22% 25% 18% 20% 394 314 378 1,843 1,510 265 225 252 1,28
Slide 13: Operational Metrics - MGL
Operational Metrics - MGL INR/SCM Revenues (Net) Gas Cost 45.57 46.41 49.41 47.27 46.81 27.67 31.82 32.15 27.39 30.14 Q4 FY24 Q3 FY25 Q4 FY25 FY 2024 FY 2025 Q4 FY24 Q3 FY25 Q4 FY25 FY 2024 FY 2025 Gross Profit EBIDTA 17.89 14.60 17.26 19.88 16.67 11.45 8.30 10.03 13.95 10.21 Q4 FY24 Q3 FY25 Q4 FY25
Slide 14: Volumes
Volumes MGL UEPL 0.192 0.208 0.183 4.116 4.194 4.052 3.779 3.609 0.146 0.646 0.670 0.621 0.129 0.550 0.499 0.551 0.590 0.554 0.563 0.520 0.177 0.189 0.169 0.136 0.120 2.666 2.919 2.934 2.591 2.878 Q4 FY 24 Q3 FY 25 Q4 FY 25 FY 2024 FY 2025 Q4 FY 24 Q3 FY 25 Q4 FY 25 FY 2024 FY 2025 CNG Domestic I&C
Slide 15: Attractive Fuel Economics - MGL
Attractive Fuel Economics - MGL CNG is price competitive compared Commercial PNG is favourably to alternatives priced vs. alternate fuels 48% 47% 92.08 92.39 Benefits of CNG / PNG 13% 12% 62.74 62.96 • Price Advantage • Natural gas provides economic benefits over most alternative liquid 48% fuels 13
Slide 16: Diversified Sourcing Strategy
Diversified Sourcing Strategy Sales Volume Composition - FY 25 Priority Segment Forms Majority • Distribution - Majority of MGL’s sales are from CNG and D-PNG 12.00% 3.32% • Gas for D-PNG - 100% APM allocation is 13.67% available 71.01% • Gas for CNG – Partially from APM allocation and balance from
Slide 17: Shareholding, Dividend and Market Capitalisation
Shareholding, Dividend and Market Capitalisation Dividend Per Share (Rs) 15 30 30 23 25 26 20 FPIs/ NRIs, 24.25% Promoter, FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 32.50% Normal Special Final Dividend of Rs.18/Share declared by Board included above Government of Maharashtra, 10.00% Market Capitalisation
Slide 18: 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