Gagan Gases Ltd

Gagan Gases Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Gagan Gases Ltd

₹ 23.2 -1.02%
11 Jun 1:57 p.m.
gagangases.com BSE: 524624
About

Incorporated in 1986, Gagan Gases is engaged in the distribution and marketing of LPG

Key Points

Business Overview:[1]
Company used to be an an authorised distributor for ESSO and MOBIL branded Automotive and Industrial Lubricants in the region of Madhya Pradesh but, at present, company is doing LPG cylinder filling for Reliance Petro Marketing Ltd. and is also selling LPG in its own cylinder

Website BSE
  • Market Cap ₹ 10.5 Cr.
  • Current Price ₹ 23.2
  • High / Low ₹ 31.5 / 17.6
  • Stock P/E 38.9
  • Book Value ₹ 7.33
  • Dividend Yield 0.00 %
  • ROCE 10.6 %
  • ROE 8.49 %
  • Face Value ₹ 10.0
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Pros

  • Debtor days have improved from 30.1 to 18.0 days.

Cons

  • Stock is trading at 3.14 times its book value
  • Promoter holding is low: 38.8%
  • Company has a low return on equity of 5.69% over last 3 years.
  • Working capital days have increased from 87.5 days to 173 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Commodities Chemicals Chemicals & Petrochemicals Industrial Gases

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.77 0.90 0.59 0.37 0.34 0.34 0.55 0.60 0.64 1.34 1.43 1.86 1.05
0.64 0.76 0.54 0.37 0.32 0.39 0.50 0.52 0.56 1.34 1.33 1.74 0.93
Operating Profit 0.13 0.14 0.05 0.00 0.02 -0.05 0.05 0.08 0.08 0.00 0.10 0.12 0.12
OPM % 16.88% 15.56% 8.47% 0.00% 5.88% -14.71% 9.09% 13.33% 12.50% 0.00% 6.99% 6.45% 11.43%
0.01 0.00 0.00 2.31 0.05 0.00 0.00 0.00 0.03 0.00 0.00 0.00 0.11
Interest 0.05 0.00 0.01 0.00 0.04 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.03
Depreciation 0.02 0.02 0.02 0.02 0.01 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax 0.07 0.12 0.02 2.29 0.02 -0.07 0.03 0.06 0.05 -0.02 0.08 0.10 0.18
Tax % 314.29% 16.67% 100.00% 22.27% 200.00% 0.00% 0.00% 0.00% 60.00% 0.00% 0.00% 10.00% 38.89%
-0.14 0.10 0.00 1.79 -0.02 -0.06 0.04 0.07 0.02 -0.01 0.08 0.09 0.11
EPS in Rs -0.31 0.22 0.00 3.96 -0.04 -0.13 0.09 0.15 0.04 -0.02 0.18 0.20 0.24
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1.73 1.56 1.15 0.58 0.48 0.57 1.25 2.17 2.90 2.21 2.13 5.69
1.86 1.48 1.01 0.39 0.44 0.38 1.15 1.89 2.52 2.00 1.96 5.35
Operating Profit -0.13 0.08 0.14 0.19 0.04 0.19 0.10 0.28 0.38 0.21 0.17 0.34
OPM % -7.51% 5.13% 12.17% 32.76% 8.33% 33.33% 8.00% 12.90% 13.10% 9.50% 7.98% 5.98%
0.02 0.09 0.08 0.01 0.01 0.02 0.02 0.02 0.01 2.36 0.03 0.11
Interest 0.22 0.03 0.01 0.01 0.00 0.00 0.01 0.07 0.05 0.05 0.04 0.03
Depreciation 0.13 0.07 0.07 0.06 0.06 0.05 0.06 0.07 0.07 0.07 0.07 0.07
Profit before tax -0.46 0.07 0.14 0.13 -0.01 0.16 0.05 0.16 0.27 2.45 0.09 0.35
Tax % -6.52% -28.57% 14.29% 15.38% -100.00% 12.50% 0.00% 81.25% 81.48% 24.08% 33.33% 25.71%
-0.44 0.09 0.12 0.11 0.00 0.14 0.05 0.03 0.06 1.87 0.06 0.27
EPS in Rs -0.97 0.20 0.27 0.24 0.00 0.31 0.11 0.07 0.13 4.14 0.13 0.60
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 14%
5 Years: 35%
3 Years: 25%
TTM: 167%
Compounded Profit Growth
10 Years: 12%
5 Years: 40%
3 Years: 65%
TTM: 350%
Stock Price CAGR
10 Years: 18%
5 Years: %
3 Years: 36%
1 Year: 5%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 6%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4.52 4.52 4.52 4.52 4.52 4.52 4.52 4.52 4.52 4.52 4.52 4.52
Reserves -3.80 -3.71 -3.58 -3.47 -3.47 -3.33 -3.28 -3.46 -3.40 -1.53 -1.47 -1.21
0.68 0.45 0.13 0.01 0.09 0.02 0.33 0.65 0.48 0.37 0.39 0.39
0.27 0.21 0.23 0.22 0.20 0.24 0.23 0.28 0.34 0.78 0.20 0.20
Total Liabilities 1.67 1.47 1.30 1.28 1.34 1.45 1.80 1.99 1.94 4.14 3.64 3.90
1.11 0.96 0.88 0.81 0.75 0.70 0.72 0.93 0.86 0.67 0.60 0.54
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.14 0.00 0.00 0.00 2.36 2.27 0.00
0.56 0.51 0.42 0.47 0.59 0.61 1.08 1.06 1.08 1.11 0.77 3.36
Total Assets 1.67 1.47 1.30 1.28 1.34 1.45 1.80 1.99 1.94 4.14 3.64 3.90

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.24 0.29 0.23 0.16 0.03 0.16 -0.28 0.28 0.11 -0.03 0.09 0.26
0.00 0.00 0.02 0.00 0.00 -0.13 0.04 0.01 0.01 0.13 0.12 -0.07
0.29 -0.25 -0.31 -0.13 0.07 -0.06 0.29 -0.20 -0.23 -0.15 -0.02 -0.03
Net Cash Flow 0.05 0.04 -0.06 0.03 0.11 -0.03 0.05 0.09 -0.12 -0.05 0.20 0.16

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 48.53 44.46 50.78 100.69 121.67 121.67 140.16 85.78 47.83 36.33 35.99 17.96
Inventory Days 18.25 3.23 0.00 0.00 44.92 21.75 66.05 33.42 42.12 0.00
Days Payable 5.21 3.23 5.62 0.00 0.00 2.57 5.62
Cash Conversion Cycle 61.56 44.46 50.78 100.69 121.67 121.67 179.47 107.54 113.88 67.18 72.49 17.96
Working Capital Days 21.10 7.02 -6.35 88.10 121.67 108.86 160.60 89.15 90.62 41.29 47.98 173.20
ROCE % -16.49% 7.52% 11.16% 13.15% -0.91% 13.62% 4.32% 14.02% 19.34% 8.06% 3.82% 10.64%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
35.00% 35.36% 35.62% 35.95% 36.04% 36.54% 36.71% 36.93% 37.78% 38.43% 38.59% 38.77%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.01% 0.01% 0.01% 0.01% 0.01%
64.93% 64.56% 64.31% 63.97% 63.88% 63.40% 63.22% 63.05% 62.21% 61.57% 61.40% 61.22%
No. of Shareholders 7,2117,2237,2317,1877,1487,2877,3247,5717,9488,0208,5848,666

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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