
Mahanagar Gas Ltd
NSE:MGL

Operating Margin
Mahanagar Gas Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
IN |
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Mahanagar Gas Ltd
NSE:MGL
|
131.9B INR |
16%
|
|
ES |
![]() |
Naturgy Energy Group SA
MAD:NTGY
|
24.3B EUR |
20%
|
|
US |
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Atmos Energy Corp
NYSE:ATO
|
23.5B USD |
34%
|
|
IT |
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Snam SpA
MIL:SRG
|
16.7B EUR |
39%
|
|
HK |
![]() |
Hong Kong and China Gas Co Ltd
HKEX:3
|
128.8B HKD |
15%
|
|
IN |
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GAIL (India) Ltd
NSE:GAIL
|
1.2T INR |
10%
|
|
JP |
T
|
Tokyo Gas Co Ltd
TSE:9531
|
1.8T JPY |
5%
|
|
CN |
![]() |
ENN Energy Holdings Ltd
HKEX:2688
|
72.8B HKD |
8%
|
|
JP |
![]() |
Osaka Gas Co Ltd
TSE:9532
|
1.3T JPY |
5%
|
|
HK |
![]() |
Kunlun Energy Company Ltd
HKEX:135
|
71B HKD |
6%
|
|
CN |
![]() |
ENN Natural Gas Co Ltd
SSE:600803
|
61.5B CNY |
7%
|
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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Mahanagar Gas Ltd's most recent financial statements, the company has Operating Margin of 16.1%.