Mahanagar Gas Limited - Company Profile

Q: Who are the current directors of Mahanagar Gas Limited?

The current directors of Mahanagar Gas Limited are Malvika Sahni Sinha, Ajay Sinha, Rajesh Dalpatbhai Patel, Sandeep Kumar Gupta, Ashu Shinghal, Anbalagan Ponnusamy, Harish Kumar Agarwal, Mahesh Kumar Gupta, Syed Shahzad Hussain, Atul Trimbak Prabhu, Pankaj Kuchhal.

It is a energy and power public limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

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About Mahanagar Gas Limited

Mahanagar Gas Limited, a active public limited company, was established on 08 May 1995 in Mumbai, Maharashtra, India. Engaging in oil & gas distribution & transmission within the electricity, gas, steam and air condition supply sector, it holds CIN: L40200MH1995PLC088133. Registered under ROC Roc Mumbai. it is listed on BSE: 539957 and NSE: MGL. It has an authorized capital of ₹280.00 Cr and a paid-up capital of ₹98.78 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹7,032.83 Cr and a net worth of ₹4,134.22 Cr. Employing 526 professional, Its leadership includes Malvika Sahni Sinha (Director), Ajay Sinha (Whole-Time Director), Rajesh Dalpatbhai Patel (Cfo). Past directors included Malvika Sahni Sinha, Premesh Kumar Jain, Kapil Garg. It holds ₹1,115.84 Cr open charges and ₹136.90 Cr settled loans. Its latest AGM occurred on 22 August 2025, with the balance sheet filed on 31 March 2025. It is based at Mgl House, Block No.G-33, Bandra-Kurla Complex, Bandra (E),, Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
L40200MH1995PLC088133
Registration Number
088133
Incorporation Date
08 May 1995
Authorized Capital
₹280.00 Cr
Paid-Up Capital
₹98.78 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 539957, NSE: MGL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 280.00 Cr as on 05-01-2026
Paid Up Capital ₹ 98.78 Cr as on 05-01-2026
Company Age 30 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,115.84 Cr as on 05-01-2026
Satisfied Charges ₹ 136.90 Cr as on 05-01-2026
Revenue Growth **** 77.12% (FY 2023)
Profit Growth **** 32.35% (FY 2023)
Ebitda **** 28.11% (FY 2023)
Net Worth 14.92% (FY 2023)
Total Assets **** 15.26% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mahanagar Gas Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mahanagar Gas Limited?

Current Directors

Name	Designation	Appointment Date	Status
Malvika Sahni Sinha	Director	24 Aug 2021	Current
Ajay Sinha	Whole-Time Director	23 Aug 2025	Current
Rajesh Dalpatbhai Patel	Cfo	01 Nov 2021	Current
Sandeep Kumar Gupta	Director	31 Oct 2023	Current
Ashu Shinghal	Managing Director	23 Dec 2022	Current
Anbalagan Ponnusamy	Nominee Director	28 Jan 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	28 Sep 2021	Past
Pramod Abcsdd	Director	20 Apr 2021	Past
Pramod Abcsdd	Director	20 Nov 2008	Past
Pramod Abcsdd	Director	31 May 2013	Past
Pramod Abcsdd	Additional Director	20 Nov 2022	Past
Pramod Abcsdd	Director	04 Mar 2018	Past

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Financial Performance of Mahanagar Gas.

Mahanagar Gas Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.12% increase. The company also saw a substantial improvement in profitability, with a 32.35% increase in profit. The company's net worth Soared by an impressive increase of 14.92%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

77.12%

*******

Revenue from Operations

*******

78.15%

*******

Total Assets

*******

15.26%

*******

Profit or Loss

*******

32.35%

*******

Net Worth

*******

14.92%

*******

EBITDA

*******

28.11%

*******

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What is the Ownership and Shareholding Structure of Mahanagar Gas?

In 2022, Mahanagar Gas had a promoter holding of 32.50% and a public holding of 67.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹11,158,370,000.00

Satisfied Charges

₹1,369,035,000.00

Charges Breakdown by Lending Institutions

Others : 1109.82 Cr
Yes Bank Limited : 6.02 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Feb 2024	Others	₹543.00 Cr	Open
07 Oct 2022	Others	₹23.00 Cr	Open
26 Aug 2022	Yes Bank Limited	₹6.00 Cr	Open
07 Dec 2021	Yes Bank Limited	₹0.15 M	Open
05 Jun 2021	Others	₹543.00 Cr	Open

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How Many Employees Work at Mahanagar Gas?

Mahanagar Gas has a workforce of 526 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mahanagar Gas, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahanagar Gas's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mahanagar Gas

Recent Activity within the Organization

Director Appointment

Progress on Ajay Sinha was appointed as a Whole-time director was appointed as a Whole-time director on 23 Aug 2025 & has been associated with this company since 5 months 21 days . was documented.
23 Aug 2025
Director Appointment

The activity Pankaj Kuchhal was appointed as a Director was appointed as a Director on 23 Aug 2025 & has been associated with this company since 5 months 21 days . was completed.
23 Aug 2025
Annual General Meeting

Mahanagar Gas Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records. was recorded as a recent event.
22 Aug 2025
Balance Sheet

Progress on Mahanagar Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Anbalagan Ponnusamy was appointed as a Nominee Director was appointed as a Nominee Director on 28 Jan 2025 & has been associated with this company since 1 year 14 days . was recorded as a recent event.
28 Jan 2025
Director Appointment

Harish Kumar Agarwal was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
24 Aug 2024

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