India is the third-largest energy consumer globally, with natural gas expected to play a dominant role in future economic growth.
CGD sector is expected to grow rapidly, driven by increasing natural gas preference and investments of $67 billion (₹5,59,395 crore) planned in the natural gas sector over the next five years.
MGL's corporate vision is to be a world-class, consumer & environment-friendly company, committed to providing safe, efficient, and reliable energy while creating value for stakeholders.
MGL has a consistent track record with over 30 years of growth, secured gas availability, a strong customer base, extensive infrastructure, and a commitment to HSE.
MGL's infrastructure includes 7,460+ Kms of pipeline, 385 CNG stations, and serves 28.33 Lakhs+ PNG households and 11.13 Lakhs+ CNG vehicles.
Strategy for growth includes strengthening infrastructure, increasing market penetration, cost-effective sourcing, and digital initiatives.
MGL is diversifying within the energy space, exploring EV, Biogas, LNG, and Hydrogen opportunities.
MGL has a debt-free status with a treasury surplus and consistently rated AAA (Stable) by ICRA.
MGL is undertaking promotional activities like CNG Mahotsav to promote CNG adoption and PNG promotion with special waivers and incentives.
MGL is focused on CSR activities in areas like education, skills development, healthcare, and environment.
MGL is implementing safety and operational control systems, including emergency control stations, vehicle monitoring, and video analytics.
MGL is committed to ESG initiatives, including emissions reduction and environmental projects.
MGL has invested ₹15.30 crore in Mahanagar LNG Private Limited (MLPL), ₹562.09 crore in Unison Enviro Private Limited (UEPL) , ₹73 Crore in 3EV Industries Private Limited and ₹35.35 crores in International Battery Company India Private Limited (‘IBC India’).
Revenue (Net) ₹6,924 crore, PAT ₹1,045 crore, EBIDTA ₹2,466 crore and Gross Margin ₹1,510 crore for FY25.