{"id":201073,"date":"2026-08-13T11:24:30","date_gmt":"2026-08-13T05:54:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=201073"},"modified":"2026-08-13T11:24:31","modified_gmt":"2026-08-13T05:54:31","slug":"mahanagar-gas-vs-indraprastha-gas","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mahanagar-gas-vs-indraprastha-gas\/","title":{"rendered":"Mahanagar Gas vs Indraprastha Gas: Share Price, PE and ROE Compared"},"content":{"rendered":"
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Mahanagar Gas MCap Rs 11,052 Cr, PE 15.47x, ROE 17.22%, Div 2.68%. Indraprastha Gas MCap Rs 21,623 Cr, PE 14.00x, ROE 15.74%, Div 1.22%.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Mahanagar Gas (MGL) and Indraprastha Gas (IGL) are both city gas distribution companies in India. IGL at Rs 21,623 Cr is larger and serves Delhi. MGL at Rs 11,052 Cr serves Mumbai. Both trade at low PEs around 14-15x with healthy ROEs. MGL offers a higher dividend yield of 2.68% versus IGL’s 1.22%. The Mahanagar Gas vs IGL comparison is popular among utility income investors.<\/p>\n<\/div>\n

The Mahanagar Gas vs Indraprastha Gas question comes up often among investors who follow the City gas distribution space in India. Mahanagar Gas MCap Rs 11,052 Cr, PE 15. 47x, ROE 17. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Mahanagar Gas vs Indraprastha Gas as a research exercise.<\/p>\n

All data cited here is sourced from publicly available company filings. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.<\/p>\n

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