IGL vs MGL: Stock Comparison
INDRAPRASTHA GAS is the larger company by market capitalisation. INDRAPRASTHA GAS shows a higher ROE, a higher dividend yield and faster revenue growth, while MAHANAGAR GAS shows a lower P/E, a higher ROCE and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
IGL leads 4; MGL leads 8 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | IGL | MGL |
|---|---|---|
| Sector | Oil Gas & Consumable Fuels | Oil Gas & Consumable Fuels |
| Industry | LPG/CNG/PNG/LNG Supplier | LPG/CNG/PNG/LNG Supplier |
Price
| Metric | IGL | MGL |
|---|---|---|
| Live Price | ₹146.15 | ₹1,042.8 |
| Day Change | 2.9% | -0.11% |
| Volume | 23.96 L | 1.38 L |
| 52-Week High | ₹220.89 | ₹1,329 |
| 52-Week Low | ₹139.2 | ₹900 |
| Distance from 52W High | -33.84% | -21.53% |
Valuation
| Metric | IGL | MGL |
|---|---|---|
| Market Cap | ₹20,510 Cr | ₹10,310 Cr |
| P/E Ratio | 15.1x | 14.41x |
| P/B Ratio | 1.78x | 1.6x |
| EPS | ₹1.71 | ₹19.54 |
| Book Value | ₹82.32 | ₹652.13 |
| Dividend Yield | 3.24% | 2.87% |
Growth
| Metric | IGL | MGL |
|---|---|---|
| Revenue Growth (TTM YoY) | 5.4% | 4.5% |
| EPS Growth (TTM YoY) | -25.2% | -47.4% |
| Qtr Sales Growth | 0.07% | 15.05% |
| Qtr Profit Growth | 27.79% | 48.62% |
Profitability & Leverage
| Metric | IGL | MGL |
|---|---|---|
| ROE | 13.66% | 13.24% |
| ROCE | 13.34% | 13.51% |
| Net Margin | 9.58% | 10.91% |
| Operating Margin | 10.2% | 13.04% |
| Debt to Equity | 0x | 0x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | IGL | MGL |
|---|---|---|
| Promoter Holding | 45% | 32.5% |
| FII Holding | 10.16%▼ 6.92 pp | 23.21%▼ 0.93 pp |
| DII Holding | 30.03%▲ 6.77 pp | 22.53%▲ 1.52 pp |
| Public Holding | 9.81%▲ 0.15 pp | 11.75%▼ 0.6 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: INDRAPRASTHA GAS and MAHANAGAR GAS.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.