Sustained supply disruption from West Asia crisis
Ongoing geopolitical tensions could prolong LNG supply curtailments, impacting industrial volumes and margins.
MAHANAGARGAS / Q4-FY26 / risks
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Mahanagar Gas · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Incomplete cost pass-through on CNG
Management has not fully passed on higher gas costs to CNG consumers, risking margin compression if high costs persist.
Labor and material availability constraints
Rapid infrastructure expansion may be hindered by limited availability of plumbers, contractors, and materials across the CGD sector.