Mahanagar Gas Profile
Key Indicators
- Authorised Capital ₹ 130.00 Cr
- Paid Up Capital ₹ 98.78 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 543.00 Cr
- Satisfied Charges ₹ 136.90 Cr
- Revenue Growth 77.12%
- Profit Growth 32.35%
- Ebitda 28.11%
- Net Worth 14.92%
- Total Assets 15.26%
About Mahanagar Gas
Mahanagar Gas Limited (MGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 May 1995 and has a history of 29 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539957 and on the National Stock Exchange(NSE) under MGL.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 130.00 Cr and a paid-up capital of Rs 98.78 Cr.
The company currently has active open charges totaling ₹543.00 Cr. The company has closed loans amounting to ₹136.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahanagar Gas Limited India are Atul Prabhu as COMPANY SECRETARY and Rajesh Patel as Cfo. Syed Hussain, Venkatraman Srinivasan, Rajeevbhaskar Sahi, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Mahanagar Gas Limited offer?
Mahanagar Gas Limited offers a wide range of products and services, including Furnace Burners, Industrial Gas Burner, Natural Gas, Liquefied Natural Gas, Compressed Natural Gas, Gas Leak Detector, LPG Gas Leak Detector.
Who are the key members and board of directors at Mahanagar Gas?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atul Prabhu | Company Secretary | 09-Feb-2021 | Current |
Ashu Shinghal  | Managing Director | 02-Nov-2018 | Current |
| Rajesh Patel | CFO | 01-Nov-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatraman Srinivasan | Director | 24-Aug-2021 | Current |
| Syed Hussain | Director | 09-Sep-2019 | Current |
| Rajeevbhaskar Sahi | Director | 24-Aug-2021 | Current |
| Harshadeep Kamble | Nominee Director | 11-Nov-2022 | Current |
| Sandeep Gupta | Additional Director | Current | |
| Malvika Sinha | Director | 24-Aug-2021 | Current |
Financial Performance of Mahanagar Gas.
Mahanagar Gas Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.12% increase. The company also saw a substantial improvement in profitability, with a 32.35% increase in profit. The company's net worth Soared by an impressive increase of 14.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahanagar Gas?
In 2022, Mahanagar Gas had a promoter holding of 32.50% and a public holding of 67.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maharashtra Information Technology Corporation LimitedHarshadeep Kamble is a mutual person
Maharashtra Airport Development Company LimitedHarshadeep Kamble is a mutual person
Gail (India) LimitedSandeep Gupta is a mutual person
Fairchem Organics LimitedVenkatraman Srinivasan is a mutual person
Tata Capital Housing Finance LimitedMalvika Sinha is a mutual person
Unison Enviro Private LimitedAtul Prabhu, Ashu Shinghal and 1 more are mutual person
Charges (Loans)
₹543.00 Cr
₹136.90 Cr
Charges Breakdown by Lending Institutions
- Others : 543.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | Others | ₹543.00 Cr | Open |
| 03 Nov 2004 | Hsbc Offshore Banking Unit Mauritius | ₹30.00 Cr | Satisfied |
| 01 Feb 2000 | United Bank Of India | ₹19.90 Cr | Satisfied |
| 03 Nov 1999 | Industrial Devl. Bank Of India | ₹59.00 Cr | Satisfied |
| 07 Aug 1998 | The Hongkong & Shanghani Banking Corp. Ltd. | ₹15.00 Cr | Satisfied |
How Many Employees Work at Mahanagar Gas?
Mahanagar Gas has a workforce of 526 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahanagar Gas, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahanagar Gas's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
