Rudra Gas Enterprise Ltd
Incorporated in 2015, Rudra Gas Enterprise Ltd is in the business of gas distribution and telecom.[1]
- Market Cap ₹ 57.5 Cr.
- Current Price ₹ 69.0
- High / Low ₹ 103 / 55.6
- Stock P/E 6.67
- Book Value ₹ 49.7
- Dividend Yield 0.00 %
- ROCE 22.6 %
- ROE 23.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 46.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.26.2 Cr.
- Promoters have pledged 33.3% of their holding.
- Debtor days have increased from 98.3 to 124 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 28 | 44 | 49 | 64 | 100 | 121 | |
| 25 | 39 | 42 | 54 | 88 | 104 | |
| Operating Profit | 3 | 5 | 7 | 9 | 12 | 17 |
| OPM % | 10% | 10% | 15% | 15% | 12% | 14% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 2 | 3 | 3 | 5 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 5 | 6 | 9 | 12 |
| Tax % | 29% | 25% | 26% | 25% | 26% | 26% |
| 1 | 2 | 4 | 5 | 7 | 9 | |
| EPS in Rs | 50.80 | 71.60 | 144.80 | 5.67 | 8.05 | 10.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 35% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 34% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 24% |
| Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.25 | 8 | 8 | 8 |
| Reserves | 2 | 4 | 8 | 18 | 24 | 33 |
| 10 | 14 | 17 | 21 | 24 | 53 | |
| 7 | 10 | 8 | 11 | 18 | 25 | |
| Total Liabilities | 20 | 28 | 34 | 58 | 75 | 120 |
| 5 | 8 | 8 | 8 | 6 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 5 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 |
| 15 | 20 | 26 | 49 | 67 | 107 | |
| Total Assets | 20 | 28 | 34 | 58 | 75 | 120 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3 | 4 | -1 | -4 | -5 | -17 | |
| -3 | -2 | -1 | -9 | 6 | -8 | |
| 1 | -2 | 2 | 14 | -0 | 24 | |
| Net Cash Flow | 0 | 0 | -0 | 1 | 1 | -1 |
| Free Cash Flow | 1 | 0 | -2 | -6 | -4 | -23 |
| CFO/OP | 104% | 105% | -0% | -30% | -18% | -78% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 73 | 59 | 62 | 97 | 74 | 124 |
| Inventory Days | 103 | 47 | 135 | 213 | 179 | 171 |
| Days Payable | 440 | 298 | 242 | 200 | 190 | 261 |
| Cash Conversion Cycle | -264 | -191 | -46 | 110 | 63 | 34 |
| Working Capital Days | 16 | 9 | 31 | 78 | 101 | 107 |
| ROCE % | 26% | 30% | 25% | 23% | 23% |
Insights
In beta| Sep 2025 | |
|---|---|
| Bank limit utilisation % |
|
| Number of key principals (CGD clients) count |
|
| Order Book (CGD division) Rs crore |
|
| Order Book (Solar project - subsidiary) Rs crore |
|
| Order book to revenue ratio (CGD) x |
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
1d - Rudra Gas Enterprise will acquire 71% of DS Pipeline Projects Limited for ₹18.38 crore.
-
Announcement under Regulation 30 (LODR)-Cessation
1d - Vinita Arvindbhai Mistry resigns as CFO and KMP effective 5 September 2026.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
20 Jul - Rudra Gas Enterprise invested ₹3.5 crore in subsidiary Rudra Global Green Energy via 35 lakh share allotment.
-
Announcement under Regulation 30 (LODR)-Credit Rating
11 Jul - CRISIL downgraded Rudra Gas to BB/Stable and A4+, issuer not cooperating, for Rs80 crore facilities on July 10, 2026.
-
Announcement under Regulation 30 (LODR)-Acquisition
23 Jun - Rudra Gas Enterprise incorporated Rudra Bio Energy Pvt Ltd on June 20, 2026, subscribing 51% for Rs. 51,000.
Business Overview:[1][2]
RGEL is an Ahmedabad based company which undertakes city gas distribution
and fibre cable network projects (installation and maintenance of fibre optic cables), and
rents construction machinery and vehicles. It offers tower installations, network expansion, and maintenance relating to Telecom sector.