Mahanagar Gas Limited

Founded in 1995 and headquartered in Maharashtra, India.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mahanagar Gas Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 98.78 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 11 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 2024. 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 Rajesh Patel as CFO and Atul Prabhu as Company Secretary. Harish Agarwal, Anbalagan Ponnusamy, Mahesh Gupta, 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

  • CIN/LLPIN

    L40200MH1995PLC088133

  • Company No.

    088133

  • Stock Symbol

    BSE : 539957 NSE : MGL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1995

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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.

Company report

Mahanagar Gas Limited

Explore comprehensive data for Mahanagar Gas Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mahanagar Gas?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashu Shinghal Country flag representing In Managing Director23-Dec-2022Current
Rajesh Patel Country flag representing In CFO01-Nov-2021Current
Atul Prabhu Company Secretary09-Feb-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Harish Agarwal Country flag representing In Director 24-Aug-2024Current
Anbalagan Ponnusamy Country flag representing In Additional Director 28-Jan-2025Current
Mahesh Gupta Country flag representing In Director 24-Aug-2024Current
Syed Hussain Country flag representing In Director 09-Sep-2019Current
Malvika Sinha Country flag representing In Director 24-Aug-2021Current
Sandeep Gupta Country flag representing In Director 31-Oct-2023Current

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%.

Mahanagar Gas revenue growth over time
Mahanagar Gas profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
77.12%
Revenue from Operations
78.15%
Total Assets
15.26%
Profit or Loss
32.35%
Net Worth
14.92%
EBITDA
28.11%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹543.00 Cr

Satisfied Charges

₹136.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 543.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2024Others₹543.00 CrOpen
03 Nov 2004Hsbc Offshore Banking Unit Mauritius₹30.00 CrSatisfied
01 Feb 2000United Bank Of India₹19.90 CrSatisfied
03 Nov 1999Industrial Devl. Bank Of India₹59.00 CrSatisfied
07 Aug 1998The Hongkong & Shanghani Banking Corp. Ltd.₹15.00 CrSatisfied

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.

Employee growth trends for Mahanagar Gas Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Mahanagar Gas

Recent activity within the organization

  • Director Appointment

    Anbalagan Ponnusamy was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2025 & has been associated with this company since 2 months 16 days .

  • Director Appointment

    Harish Kumar Agarwal was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 7 months 20 days .

  • Director Appointment

    Mahesh Kumar Gupta was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 7 months 20 days .

  • Annual General Meeting

    Mahanagar Gas Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Mahanagar Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 543.00 Cr with Charge ID 100873749 was registered on 07 Feb 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mahanagar Gas Limited?

    Mahanagar Gas Limited was incorporated on 08 May 1995.

  • What is authorized share capital and paid-up capital of Mahanagar Gas Limited?

    The authorized share capital of Mahanagar Gas Limited is ₹ 130.00 Cr and paid-up capital is ₹ 98.78 Cr.

  • Who are the current board members & directors of Mahanagar Gas Limited?

    Currently 10 directors are associated with Mahanagar Gas Limited.

    • Harish Kumar Agarwal
    • Anbalagan Ponnusamy
    • Mahesh Kumar Gupta
    • Ashu Shinghal
    • Syed Shahzad Hussain
    • Rajesh Dalpatbhai Patel
    • Malvika Sahni Sinha
    • Sandeep Kumar Gupta
    • Atul Trimbak Prabhu
    • Sanjay Shende

  • What is the registered address of Mahanagar Gas Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahanagar Gas Limited is Mgl House Block No.G-33 Bandra-Kurla Complex Bandra (E), India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Mahanagar Gas Limited?

    The corporate identification number (CIN) of Mahanagar Gas Limited is L40200MH1995PLC088133 and the company number is 088133 as per Ministry of Corporate Affairs (MCA).

  • Is Mahanagar Gas Limited registered with any stock exchange in India?

    Yes, Mahanagar Gas Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MGL.

  • What is the official website of Mahanagar Gas Limited?

    The Official website of Mahanagar Gas Limited is https://www.mahanagargas.com

  • What has been the recent revenue trend for Mahanagar Gas Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahanagar Gas Limited has risen by 77.12%.

  • How many employees does Mahanagar Gas Limited currently have?

    As Per 2023 financial reports, 526 employees are currently employed by Mahanagar Gas Limited.

  • What change has been observed in the net worth of Mahanagar Gas Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahanagar Gas Limited has experienced an upsurge of 14.92%.

  • What are the total open charges for Mahanagar Gas Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahanagar Gas Limited amount to ₹ 543.00 Cr.

  • When was the last Balance Sheet of Mahanagar Gas Limited filed with the ROC?

    The most recent Balance Sheet for Mahanagar Gas Limited was filed with the ROC on 31 Mar 2024.

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