{"id":263381,"date":"2026-09-23T10:44:38","date_gmt":"2026-09-23T05:14:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=263381"},"modified":"2026-09-23T10:44:38","modified_gmt":"2026-09-23T05:14:38","slug":"gail-india-vs-indraprastha-gas-vs-mahanagar-gas","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/","title":{"rendered":"GAIL India vs Indraprastha Gas vs Mahanagar Gas: Which Stock Should You Track"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>GAIL India PE 11.45, mkt cap Rs 1,12,960 crore. Indraprastha Gas PE 15.20, mkt cap Rs 20,580 crore. Mahanagar Gas PE 14.77, mkt cap Rs 10,556 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">GAIL India vs Indraprastha Gas vs Mahanagar Gas is a side-by-side comparison of three companies from the City Gas Distribution space. On this comparison, GAIL India carries a market capitalisation of about Rs 1,12,960 crore against Rs 20,580 crore for Indraprastha Gas and Rs 10,556 crore for Mahanagar Gas, with return on equity of 8.51%, 13.47% and 13.09% respectively. Each company&#8217;s numbers are presented here without a declared better pick, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/div>\n<p>GAIL India vs Indraprastha Gas vs Mahanagar Gas starts with the core numbers most investors compare within the City Gas Distribution segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.<\/p>\n<p>All three names sit in the City Gas Distribution bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=gail-india-vs-indraprastha-gas-vs-mahanagar-gas\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#GAIL_India_Indraprastha_Gas_and_Mahanagar_Gas_Company_Overview\" title=\"GAIL India, Indraprastha Gas and Mahanagar Gas: Company Overview\">GAIL India, Indraprastha Gas and Mahanagar Gas: Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#GAIL_India_vs_Indraprastha_Gas_vs_Mahanagar_Gas_Valuation_and_Profitability_Snapshot\" title=\"GAIL India vs Indraprastha Gas vs Mahanagar Gas: Valuation and Profitability Snapshot\">GAIL India vs Indraprastha Gas vs Mahanagar Gas: Valuation and Profitability Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#GAIL_India_vs_Indraprastha_Gas_vs_Mahanagar_Gas_Latest_Quarterly_Results\" title=\"GAIL India vs Indraprastha Gas vs Mahanagar Gas: Latest Quarterly Results\">GAIL India vs Indraprastha Gas vs Mahanagar Gas: Latest Quarterly Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#FAQs_on_GAIL_India_vs_Indraprastha_Gas_vs_Mahanagar_Gas\" title=\"FAQs on GAIL India vs Indraprastha Gas vs Mahanagar Gas\">FAQs on GAIL India vs Indraprastha Gas vs Mahanagar Gas<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#What_is_the_market_cap_difference_between_GAIL_India_Indraprastha_Gas_and_Mahanagar_Gas\" title=\"What is the market cap difference between GAIL India, Indraprastha Gas and Mahanagar Gas?\">What is the market cap difference between GAIL India, Indraprastha Gas and Mahanagar Gas?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#Which_of_the_three_has_the_highest_PE_ratio\" title=\"Which of the three has the highest PE ratio?\">Which of the three has the highest PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#What_is_the_debt_to_equity_ratio_for_GAIL_India_Indraprastha_Gas_and_Mahanagar_Gas\" title=\"What is the debt to equity ratio for GAIL India, Indraprastha Gas and Mahanagar Gas?\">What is the debt to equity ratio for GAIL India, Indraprastha Gas and Mahanagar Gas?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#Which_of_the_three_trades_at_the_highest_price_to_book_value\" title=\"Which of the three trades at the highest price to book value?\">Which of the three trades at the highest price to book value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas\/#Is_one_of_GAIL_India_Indraprastha_Gas_or_Mahanagar_Gas_better_than_the_others\" title=\"Is one of GAIL India, Indraprastha Gas or Mahanagar Gas better than the others?\">Is one of GAIL India, Indraprastha Gas or Mahanagar Gas better than the others?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"GAIL_India_Indraprastha_Gas_and_Mahanagar_Gas_Company_Overview\"><\/span><strong>GAIL India, Indraprastha Gas and Mahanagar Gas: Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>GAIL India<\/strong> is a listed Indian company in the City Gas Distribution space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Indraprastha Gas<\/strong> is a listed Indian company in the City Gas Distribution space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Mahanagar Gas<\/strong> is a listed Indian company in the City Gas Distribution space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"GAIL_India_vs_Indraprastha_Gas_vs_Mahanagar_Gas_Valuation_and_Profitability_Snapshot\"><\/span><strong>GAIL India vs Indraprastha Gas vs Mahanagar Gas: Valuation and Profitability Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/gail\/gail-india-ltd-share-price-today\">GAIL India<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/igl\/indraprastha-gas-ltd-share-price-today\">Indraprastha Gas<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/mgl\/mahanagar-gas-ltd-share-price-today\">Mahanagar Gas<\/a><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 1,12,960 crore<\/td>\n<td>Rs 20,580 crore<\/td>\n<td>Rs 10,556 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>11.45<\/td>\n<td>15.20<\/td>\n<td>14.77<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>1.27<\/td>\n<td>1.79<\/td>\n<td>1.64<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>8.51%<\/td>\n<td>13.47%<\/td>\n<td>13.09%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM, Rs)<\/td>\n<td>15.01<\/td>\n<td>9.67<\/td>\n<td>72.35<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>3.20%<\/td>\n<td>3.23%<\/td>\n<td>2.81%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.28<\/td>\n<td>0.01<\/td>\n<td>0.03<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share (Rs)<\/td>\n<td>135.43<\/td>\n<td>82.17<\/td>\n<td>650.71<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Data<\/strong><\/a><\/p>\n<p>On valuation, GAIL India trades at a PE of 11.45 and a PB of 1.27, Indraprastha Gas at a PE of 15.20 and a PB of 1.79, while Mahanagar Gas trades at a PE of 14.77 and a PB of 1.64. On return on equity, the three post 8.51%, 13.47% and 13.09% respectively, and on dividend yield they stand at 3.20%, 3.23% and 2.81%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"GAIL_India_vs_Indraprastha_Gas_vs_Mahanagar_Gas_Latest_Quarterly_Results\"><\/span><strong>GAIL India vs Indraprastha Gas vs Mahanagar Gas: Latest Quarterly Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Latest Quarter Revenue<\/th>\n<th>Latest Quarter Net Profit<\/th>\n<th>YoY Change (Revenue)<\/th>\n<th>QoQ Change (Revenue)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>GAIL India<\/td>\n<td>Rs 41,482.65 crore<\/td>\n<td>Rs 4,670.99 crore<\/td>\n<td>+16.6%<\/td>\n<td>+13.7%<\/td>\n<\/tr>\n<tr>\n<td>Indraprastha Gas<\/td>\n<td>Rs 5,145.36 crore<\/td>\n<td>Rs 237.92 crore<\/td>\n<td>+16.5%<\/td>\n<td>+9.8%<\/td>\n<\/tr>\n<tr>\n<td>Mahanagar Gas<\/td>\n<td>Rs 2,629.33 crore<\/td>\n<td>Rs 192.64 crore<\/td>\n<td>+13.6%<\/td>\n<td>+14.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track GAIL India, Indraprastha Gas and Mahanagar Gas live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three city gas distribution names should track quarter-on-quarter revenue and margin trends, management commentary on demand and input costs, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>GAIL India vs Indraprastha Gas vs Mahanagar Gas highlights how differently three companies in the same city gas distribution segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_GAIL_India_vs_Indraprastha_Gas_vs_Mahanagar_Gas\"><\/span><strong>FAQs on GAIL India vs Indraprastha Gas vs Mahanagar Gas<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_GAIL_India_Indraprastha_Gas_and_Mahanagar_Gas\"><\/span><strong>What is the market cap difference between GAIL India, Indraprastha Gas and Mahanagar Gas?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of September 2026, GAIL India has a market cap of approximately Rs 1,12,960 crore, Indraprastha Gas is at approximately Rs 20,580 crore, and Mahanagar Gas is at approximately Rs 10,556 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_PE_ratio\"><\/span><strong>Which of the three has the highest PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among GAIL India, Indraprastha Gas and Mahanagar Gas, the PE ratios stand at 11.45, 15.20 and 14.77 respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> GAIL India, Indraprastha Gas and Mahanagar Gas post ROE of 8.51%, 13.47% and 13.09% respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> GAIL India, Indraprastha Gas and Mahanagar Gas carry dividend yields of 3.20%, 3.23% and 2.81% respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_debt_to_equity_ratio_for_GAIL_India_Indraprastha_Gas_and_Mahanagar_Gas\"><\/span><strong>What is the debt to equity ratio for GAIL India, Indraprastha Gas and Mahanagar Gas?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> GAIL India carries a debt to equity of 0.28, Indraprastha Gas of 0.01, and Mahanagar Gas of 0.03.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_trades_at_the_highest_price_to_book_value\"><\/span><strong>Which of the three trades at the highest price to book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> GAIL India, Indraprastha Gas and Mahanagar Gas trade at price to book ratios of 1.27, 1.79 and 1.64 respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_one_of_GAIL_India_Indraprastha_Gas_or_Mahanagar_Gas_better_than_the_others\"><\/span><strong>Is one of GAIL India, Indraprastha Gas or Mahanagar Gas better than the others?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between GAIL India, Indraprastha Gas and Mahanagar Gas?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of September 2026, GAIL India has a market cap of approximately Rs 1,12,960 crore, Indraprastha Gas is at approximately Rs 20,580 crore, and Mahanagar Gas is at approximately Rs 10,556 crore.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest PE ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Among GAIL India, Indraprastha Gas and Mahanagar Gas, the PE ratios stand at 11.45, 15.20 and 14.77 respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"GAIL India, Indraprastha Gas and Mahanagar Gas post ROE of 8.51%, 13.47% and 13.09% respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of these three stocks pays the highest dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"GAIL India, Indraprastha Gas and Mahanagar Gas carry dividend yields of 3.20%, 3.23% and 2.81% respectively.\"}},{\"@type\":\"Question\",\"name\":\"What is the debt to equity ratio for GAIL India, Indraprastha Gas and Mahanagar Gas?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"GAIL India carries a debt to equity of 0.28, Indraprastha Gas of 0.01, and Mahanagar Gas of 0.03.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three trades at the highest price to book value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"GAIL India, Indraprastha Gas and Mahanagar Gas trade at price to book ratios of 1.27, 1.79 and 1.64 respectively.\"}},{\"@type\":\"Question\",\"name\":\"Is one of GAIL India, Indraprastha Gas or Mahanagar Gas better than the others?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GAIL India vs Indraprastha Gas vs Mahanagar Gas compared on market cap, PE, PB, ROE, dividend yield and debt to equity, as of September 2026.<\/p>\n","protected":false},"author":29,"featured_media":263379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[6730,1019],"class_list":["post-263381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-city-gas-distribution","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["263379"],"rank_math_title":["GAIL India vs Indraprastha Gas vs Mahanagar Gas: Comparison"],"rank_math_description":["GAIL India vs Indraprastha Gas vs Mahanagar Gas compared on market cap, PE, PB, ROE, dividend yield and debt to equity, as of September 2026."],"rank_math_focus_keyword":["GAIL India vs Indraprastha Gas vs Mahanagar Gas"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/gail-india-vs-indraprastha-gas-vs-mahanagar-gas-which-stock-should-you-track.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=263381"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263381\/revisions"}],"predecessor-version":[{"id":263383,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263381\/revisions\/263383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/263379"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=263381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=263381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=263381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}