
Mahanagar Gas Ltd
NSE:MGL

Mahanagar Gas Ltd
Revenue
Mahanagar Gas Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Mahanagar Gas Ltd
NSE:MGL
|
Revenue
â‚ą76B
|
CAGR 3-Years
30%
|
CAGR 5-Years
18%
|
CAGR 10-Years
N/A
|
|
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GAIL (India) Ltd
NSE:GAIL
|
Revenue
â‚ą1.4T
|
CAGR 3-Years
19%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
|
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Gujarat Gas Ltd
NSE:GUJGASLTD
|
Revenue
â‚ą171.9B
|
CAGR 3-Years
5%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
|
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Adani Total Gas Ltd
NSE:ATGL
|
Revenue
â‚ą52.2B
|
CAGR 3-Years
24%
|
CAGR 5-Years
21%
|
CAGR 10-Years
N/A
|
|
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Indraprastha Gas Ltd
NSE:IGL
|
Revenue
â‚ą160.7B
|
CAGR 3-Years
29%
|
CAGR 5-Years
18%
|
CAGR 10-Years
N/A
|
|
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Gujarat State Petronet Ltd
NSE:GSPL
|
Revenue
â‚ą182.8B
|
CAGR 3-Years
2%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
Mahanagar Gas Ltd
Glance View
In the bustling metropolis of Mumbai, where the pulse of the city beats to the rhythm of relentless activity, Mahanagar Gas Ltd. (MGL) stands as a vital artery in its complex infrastructure. Established in 1995, MGL has carved its niche by providing a cleaner, more efficient alternative to traditional fossil fuels through its extensive network of piped natural gas (PNG) and compressed natural gas (CNG) distribution. The company harnesses the synergy of natural gas to fuel households and industries while powering the city's vast fleet of public and private transportation. This seamless integration not only underscores its commitment to sustainability but also positions it as a crucial player in urban energy management by transforming environmental challenges into profitable business avenues. At the core of MGL's success is its sophisticated business model, which thrives on a robust and efficient distribution system. With strategic pipelines snaking through urban landscapes and state-of-the-art CNG stations strategically placed, MGL taps into a steady stream of revenues. Residential users form one pillar of this economic structure, subscribing to the convenience of PNG, eliminating the hassles associated with traditional fuel procurement. On the other hand, the transportation segment, with an ever-increasing demand for green fuel, drives growth through CNG sales. By leveraging India's burgeoning shift towards cleaner energy sources, MGL ensures a stable cash flow, balancing profitability with its mission to contribute to a greener future for one of the world's most dynamic cities.

See Also
What is Mahanagar Gas Ltd's Revenue?
Revenue
76B
INR
Based on the financial report for Dec 31, 2024, Mahanagar Gas Ltd's Revenue amounts to 76B INR.
What is Mahanagar Gas Ltd's Revenue growth rate?
Revenue CAGR 5Y
18%
Over the last year, the Revenue growth was 10%. The average annual Revenue growth rates for Mahanagar Gas Ltd have been 30% over the past three years , 18% over the past five years .