MGL has announced it will no longer provide subsidies for bills or cover piping costs for its customers, a change that might affect many consumers.

Mahanagar Gas, a key provider, has ceased its commercial subsidies and support programs due to the ongoing geopolitical crisis, impacting consumers who previously benefited from these schemes.

MGL has ceased providing subsidies for CNG and PNG due to escalating geopolitical tensions and rising costs, impacting customers but ensuring financial stability. Consequently, the company's shares increased by 2% to ₹1075.2. Additionally, HPCL, BPCL, and IOC stocks have also experienced gains as oil prices rise and market sentiments remain positive.

Despite a 6.1% increase in sales volume year-over-year in Q4 FY26, Mahanagar Gas faced a significant 20% disruption in industrial gas supply due to Gulf-related issues, causing a 19% decrease in net profit, falling from INR 1,041 Cr to INR 847 Cr.

The shares of CGD companies show a mixed reaction after the CNG price increase. MGL saw a gain of 2%, while IGL experienced a drop of 2.2%. This price hike could potentially impact household budgets and corporate profit margins, according to analyst warnings about the potential rise in inflation.

MGL has increased its prices by ₹2, suggesting a change in tariffs. Customers might experience an increase in their bills due to this adjustment.

The Mahanagar Gas Limited has increased the price of Compressed Natural Gas (CNG) in Mumbai by Rs. 2 per kg, making it now cost Rs. 84 per kg. This price hike may impact commuters and businesses that rely on CNG as a fuel source.

Mahanagar Gas maintains a 'Buy' recommendation from Prabhudas Lilladher, with the revised target price at Rs 1302. Despite a 6.1% increase in Q4 volumes year-on-year, the adjusted profit after tax declined by 33% due to elevated raw material costs.

Investment advisory JM Financial suggests accumulating shares of Mahanagar Gas, currently trading at ₹1106.6 (as of May 11).

Mahanagar Gas anticipates a 12% or higher increase in domestic PNG volumes due to new suburban connections, despite steady demand growth in established areas, suggesting continued expansion of their service.

Citi continues to recommend buying MGL shares, setting a target price of ₹1400. This decision is based on MGL's strong Q4 performance, despite margin pressure, and an increased dividend of ₹30 per share for FY26. While the LNG sector poses risks, these are balanced by favorable CGD policies, indicating robust growth for MGL.

Analysts have shared their views on Mahanagar Gas following Q4 results, offering mixed recommendations ranging from 'buy' to 'hold'. The new target prices suggest a varied outlook for the company's future performance.

Mahanagar Gas is focused on achieving an EBITDA of more than ₹8 per SCM, despite potential margin concerns in the upcoming fiscal year. The company's strategy centers around investing in infrastructure development and volume growth, rather than prioritizing immediate margin protection.

Citi maintains a bullish stance towards Mahanagar Gas but lowers its price forecast to INR 1,400, marking a reduction from the previous estimate of INR 1,510.

Mahanagar Gas reported a 13.5% increase in revenue year-on-year, but earnings before interest, taxes, depreciation, and amortization (EBITDA) and profit after tax (PAT) saw decreases of 18-34%. The company manages over 8,200 kilometers of pipeline, 518 CNG stations, and provides natural gas to around 3.21 million households.

Mahanagar Gas aims for double-digit expansion in their volume growth for the fiscal year 2026-27, allocating a significant investment of INR 1,200 crores for capital expenditure during this period.

Mahanagar Gas announces a dividend payout of Rs. 18 for each share, a significant return for its investors.

Mahanagar Gas reported a significant drop in Q4 profits, down by 46.3% year-on-year to Rs 130 crores. Despite the decline, the company has decided to offer a dividend of Rs 18 per share to its shareholders.

MGL's Q4 net profit decreased by 35.4% compared to the previous quarter, amounting to ₹130 crore. The company's EBITDA margin also fell to 12.7%. In anticipation of FY26, MGL announced a total dividend of ₹30 per share. The stock closed at ₹1,179.6 on BSE, marking a 0.94% increase.

Mahanagar Gas reported a 26% decline in Q4 EBITDA, with the earnings falling from ₹3.52B to ₹2.6B compared to the previous quarter. This decrease led to a drop in EBITDA margin, which now stands at 11.5%.

Mahanagar Gas released their Q4 earnings report, showcasing significant financial highlights for the period.

Mahanagar Gas reported a 26% decrease in Q4 EBITDA, falling from INR 2.6 billion to INR 3.52 billion compared to the previous quarter. The margin also dipped significantly, now at 11.5%, down from 15.5%.

Praveer Srivastava, formerly the Executive Director at GAIL's Western Region, has been appointed as the Managing Director of Mahanagar Gas Ltd. This new role marks a significant step in his career.

Mahanagar Gas Limited will convene a meeting on May 7, 2026, to finalize its FY26 financial results. The board might propose a final dividend as well. Trading in the company's shares will be suspended until 48 hours after the announcement of results.

Mahanagar Gas (MGL) shares climbed by 3.4% following the announcement of Praveer Srivastava's appointment as Managing Director, effective from April 2026. Despite a notable 11.6% increase in revenue during Q3 FY26, MGL saw a decline of 9.4% in its bottom line for the same period.

Axis Securities maintains a target of 28,080 for the Nifty, emphasizing on quality and sustainable earnings. They have added Kotak Bank, Eternal, and Nestle India to their top investment choices, while removing Mahanagar Gas, HDFC Bank, and Prestige Estate from preferred positions.