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Balance sheet of Mahanagar Gas is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Mahanagar Gas is increasing.
Latest net debt of Mahanagar Gas is -₹652.26 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹842.94 Crs.
The profit is oscillating.
The profit of Mahanagar Gas is ₹1,071 Crs for TTM, ₹1,041 Crs for Mar 2025 and ₹1,285 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Mahanagar Gas latest dividend payout ratio is 28.48% and 3yr average dividend payout ratio is 28.02%
Companies resources are allocated to majorly productive assets like Plant & Machinery