Mahanagar Gas Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2025.
MGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Smallcap 250 and 2.8 pts more than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. Revenue from operations grew ~10.6% year-on-year to Rs. 7,589.99 Crore, with total gas volumes up ~12% to 1,479 million SCM, driven by strong growth in CNG (+10.8%) and PNG (+15%). However, profit after tax fell ~19% to Rs. 1,044.89 Crore and EBITDA declined ~18% to Rs. 1,509.78 Crore, with EBITDA margin compressing sharply from 29.5% to 21.8% on higher input costs. On a sequential basis, Q4 FY25 showed recovery with PAT up 11.9% and EBITDA up 20.3% versus Q3. The Board recommended a final dividend of Rs. 18 per share, taking total FY25 dividend to Rs. 30 per share (Rs. 12 interim + Rs. 18 final), implying a final payout of about Rs. 177.80 Crore. Auditor Deloitte Haskins & Sells LLP issued an unmodified (clean) opinion on the results.
Mixed for shareholders: full-year profits dropped nearly a fifth on margin compression despite healthy volume growth, which may weigh on sentiment. However, the strong Q4 sequential recovery, a clean audit report, and a robust Rs. 30 total dividend (similar to last year) offer comfort. Watch items include an ongoing Rs. 331.80 Crore GAIL transportation tariff dispute and a fresh Rs. 54.33 Crore GST demand, both under appeal.