Mahanagar Gas Limited — PPTs, 29-01-2025: Investor Presentation

Investor Presentation on Mahanagar Gas Limited (MGL) reflects robust growth and strategic positioning in the City Gas Distribution (CGD) sector.

**Financial Highlights:** MGL reports a revenue of ₹68,620 Cr for FY 2024, with a 5-year CAGR of 17.5%. The profit after tax reached ₹12,891 Cr, marking a significant growth trajectory driven by efficient cost management. The net worth stands at ₹51.43 Bn, showcasing strong financial health.

**Strategic Initiatives and Growth Drivers:** The firm is well-positioned with 7223 kms of pipeline infrastructure and 361 CNG filling stations. Recent acquisitions, such as Unison Enviro Private Limited, expand MGL's reach. The company is focused on inorganic growth to enhance market presence.

**Business Developments:** MGL enjoys exclusivity in CNG and PNG distribution for key regions, previously authorized through regulatory channels, and is transitioning towards optimal cost sourcing strategies.

**Market Position and Competitive Advantage:** With a robust customer base of over 1.07 million CNG vehicles and 2.68 million PNG connections, MGL is a market leader in Mumbai's energy landscape. The company maintains pricing competitiveness against alternative fuels.

**Investor Implications:** The positive outlook for MGL is underscored by government initiatives to promote natural gas as a preferred fuel. The firm is poised for significant growth in demand due to rising energy needs, incentivizing investor interest in its expanding operations.