Mahanagar Gas

Mumbai, India Founded: 1995 • Age: 31 yrs
Natural gas is distributed to households and industries in Mumbai.
Annual revenue $850.3M Latest available
Total funding - Funding intelligence
Employees 2420 Tracked headcount
Investors - Known backers
Products 1 Services tracked
Competitors - Brand Intelligence

About Mahanagar Gas

Mahanagar Gas is a company based in Mumbai (India) founded in 1995. It operates as a Reseller / Distribution. The company has 2,420 employees as of March 31, 2024. Mahanagar Gas has completed 1 acquisition, including Unison Enviro. Mahanagar Gas offers products and services including Natural Gas Supply.

  • Headquarter Mumbai, India
  • Employees 2420 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mahanagar Gas Ltd
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $850.25 M (USD)
    15.48
    as on Mar 31, 2025
  • Net Profit
    $121.85 M (USD)
    -19
    as on Mar 31, 2025
  • EBITDA
    $187.16 M (USD)
    -14.57
    as on Mar 31, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    2420

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Mahanagar Gas

Mahanagar Gas is a publicly listed company on the NSE with ticker symbol MGL in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: MGL · Sector: Utilities · India

Products & Services of Mahanagar Gas

Mahanagar Gas offers a comprehensive portfolio of products and services, including Natural Gas Supply.

Product name locked
Category locked
Primary

Natural gas is supplied for domestic and industrial use.

People of Mahanagar Gas

Headcount 200-500
Employee Profiles 86
Employee Profiles
People
Abbas Baramatiwala
Manager-projects
People
Dinesh Padwal
Project Engineer
People
Pranay Dole
Project Planning Engineer
People
Sagar Warang
Project Engineer

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Funding Insights of Mahanagar Gas

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Detailed funding history for Mahanagar Gas

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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Investments & Acquisitions by Mahanagar Gas

Mahanagar Gas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Unison Enviro.

Investments
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Investment portfolio details for Mahanagar Gas

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of natural gas distribution for domestic & commercial sector
Locked Locked 2015 Locked
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Complete acquisition details for Mahanagar Gas

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Financial Statements - Mahanagar Gas

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Detailed financials for Mahanagar Gas

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Mahanagar Gas Comparisons

Mahanagar Gas Primary company
Description
Natural gas is distributed to households and industries in M...
Location
Mumbai, India
Founded Year
1995
Annual Revenue
$850.25 M (USD)
Net Profit
$121.85 M (USD)
EBITDA
$187.16 M (USD)
Employees
2,420
As of 2024
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Peer comparison for Mahanagar Gas

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Competitors of Mahanagar Gas

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Detailed competitors of Mahanagar Gas

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Latest news on Mahanagar Gas

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Complete news archive for Mahanagar Gas

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Frequently Asked Questions about Mahanagar Gas

Mahanagar Gas was founded in 1995.

Mahanagar Gas is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Rajeev Mathur is the current CEO of Mahanagar Gas.

As of Mar 31, 2024, the latest employee count at Mahanagar Gas is 2,420.

Annual revenue of Mahanagar Gas is $850.25M as on Mar 31, 2025.

Natural gas distribution is managed by Mahanagar Gas in India. Operations are focused on supplying gas for domestic, commercial, and industrial purposes. Coverage includes urban and suburban areas with an emphasis on sustainable energy solutions. The company is engaged in expanding access to clean fuel alternatives.

Mahanagar Gas offers Natural Gas Supply.

Yes, Mahanagar Gas is publicly traded on NSE under the ticker symbol MGL.

Mahanagar Gas has made 1 acquisition, including Unison Enviro.

The ticker symbol of Mahanagar Gas is MGL on NSE.

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