Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of March 2025 : NZ$1.19 Billion

According to Mahanagar Gas's latest financial reports the company has NZ$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mahanagar Gas - Net assets on balance sheet (from 2016 to 2025)

Net assets by year

Year	Net assets	Change
2025-03-31	$NZ$1.21 B	18.21%
2024-03-31	$NZ$1.02 B	28.06%
2023-03-31	$NZ$0.80 B	17.57%
2022-03-31	$NZ$0.68 B	8.09%
2021-03-31	$NZ$0.63 B	-4%
2020-03-31	$NZ$0.65 B	30.09%
2019-03-31	$NZ$0.50 B	13.83%
2018-03-31	$NZ$0.44 B	9.96%
2017-03-31	$NZ$0.40 B	7.3%
2016-03-31	$NZ$0.37 B	9.03%
2015-03-31	$NZ$0.34 B	38.77%
2014-03-31	$NZ$0.24 B	-4.21%
2013-03-31	$NZ$0.26 B	1.74%
2012-03-31	$NZ$0.25 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Mahanagar Gas (MGL.NS) - Net assets