MGLBSEMahanagar Gas LtdHighNeutral
Announced Thu, 7 May · 20:17 IST

Audited Standalone and Consolidated Financial Results for the Financial Year ended March 31, 2026

Pat NegativeEbitda Margin CompressionResults RestatedResults View source PDF

MGL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.4%1-day move
₹1185.00
prior close
₹1140.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.6+1.6+1.4-6.4-10.1-11.7-10.0-8.2-10.4-7.3-9.5-7.5
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AI summary

Mahanagar Gas reported FY2026 standalone revenue of Rs 9,059.77 crore, up 13.6% YoY, but profit after tax fell 18.7% to Rs 846.82 crore. EBITDA margin compressed to 17.6% from 21.6% a year ago. Q4 standalone PAT dropped 45.5% YoY to Rs 131.92 crore due to a Rs 112.87 crore reversal of trade discounts from earlier years and higher costs. The company recommended a final dividend of Rs 18 per share, adding to the Rs 12 interim dividend already paid, for a total of Rs 30 per share. Auditors Deloitte Haskins & Sells issued unmodified (clean) opinions on both standalone and consolidated results.

Likely market impact

Despite revenue growth, Mahanagar Gas faced significant profit decline due to margin compression and one-time adjustments. The stock may see negative reaction given the ~19% PAT decline and EBITDA margin contraction of over 4 percentage points, though the clean audit opinion and continued dividend payments provide some support.