Mahanagar Gas Limited (MGL.BO)

Mahanagar Gas Limited (MGL.BO) — VMCI valuation read

Across 120 indicators, Mahanagar Gas Limited (MGL.BO) lands at VMCI 61/100. The Utilities sector median is 50, so the 11-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on MGL.BO in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, MGL.BO trades at 27.0x earnings, 50% above the Utilities median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 13.0% sits 3.0pp above the Utilities median (10.0%). On Risk, net debt to EBITDA of 3.4x is the binding constraint on the bear case for MGL.BO on the trailing balance sheet.

MGL.BO fell 1.7% over the trailing 7 days, with a -18.7% read on a 30-day basis.