Cryogenic OGS Ltd
Incorporated in 1997, Cryogenic OGS Ltd provides equipment solutions for Metering, Filtering, Pressure Reduction, Dosing, and Blending.[1]
- Market Cap ₹ 228 Cr.
- Current Price ₹ 160
- High / Low ₹ 229 / 89.3
- Stock P/E 29.0
- Book Value ₹ 35.0
- Dividend Yield 0.00 %
- ROCE 32.0 %
- ROE 23.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 57.4 days to 94.9 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 23.33 | 22.01 | 24.24 | 32.89 | 40.56 | |
| 18.99 | 16.37 | 17.85 | 24.93 | 30.53 | |
| Operating Profit | 4.34 | 5.64 | 6.39 | 7.96 | 10.03 |
| OPM % | 18.60% | 25.62% | 26.36% | 24.20% | 24.73% |
| 0.67 | 0.69 | 1.42 | 0.89 | 2.35 | |
| Interest | 0.10 | 0.18 | 0.12 | 0.06 | 0.05 |
| Depreciation | 0.49 | 0.68 | 0.57 | 0.52 | 0.52 |
| Profit before tax | 4.42 | 5.47 | 7.12 | 8.27 | 11.81 |
| Tax % | 26.02% | 25.59% | 24.86% | 25.88% | |
| 3.28 | 4.08 | 5.35 | 6.12 | 8.83 | |
| EPS in Rs | 65.60 | 81.60 | 107.00 | 5.83 | 7.02 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 10.50 | 14.28 |
| Reserves | 12.94 | 17.02 | 22.36 | 18.49 | 35.72 |
| 1.56 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 7.43 | 6.48 | 5.48 | 4.87 | 3.54 | |
| Total Liabilities | 22.43 | 24.00 | 28.34 | 33.86 | 53.54 |
| 7.69 | 7.36 | 6.88 | 6.61 | 7.32 | |
| CWIP | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 |
| Investments | 0.91 | 1.20 | 2.16 | 2.46 | 2.42 |
| 13.83 | 15.39 | 19.30 | 24.79 | 43.80 | |
| Total Assets | 22.43 | 24.00 | 28.34 | 33.86 | 53.54 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 2.47 | 1.84 | 1.53 | 1.94 | |
| -0.81 | -0.08 | -1.33 | -1.36 | |
| -0.78 | -1.74 | -0.12 | -0.06 | |
| Net Cash Flow | 0.88 | 0.01 | 0.08 | 0.51 |
| Free Cash Flow | 0.65 | 1.45 | 1.61 | 1.73 |
| CFO/OP | 88% | 53% | 52% | 53% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 41.30 | 85.24 | 80.41 | 73.47 |
| Inventory Days | 58.89 | 57.76 | 106.26 | 111.80 |
| Days Payable | 160.69 | 162.09 | 115.72 | 57.25 |
| Cash Conversion Cycle | -60.49 | -19.09 | 70.95 | 128.01 |
| Working Capital Days | -50.85 | 14.76 | 62.49 | 94.88 |
| ROCE % | 33.39% | 34.47% | 32.02% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Capacity Utilization % |
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| Debtors Turnover Ratio x |
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| Employee Count Number |
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| Installation Locations Locations |
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| Manufacturing Facility Size sq meters |
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| Cumulative Units Delivered Units |
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| Market Share in Traditional Liquid Fuel Segments % |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1d - Received ₹2,27,73,997.64 PO from Emerson for LNG metering skids; 24-week execution.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
27 Mar - Received $231,820 purchase order from Honeywell LNG LLC for LNG Metering Skid; delivery by 10 May 2027.
- Closure of Trading Window 26 Mar
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
26 Mar - LOI from Emerson for metering skid supply worth ₹5,54,79,894; 24-week execution timeline.
-
Announcement under Regulation 30 (LODR)-Acquisition
16 Mar - Wholly-owned subsidiary Cryogenic OGS Middle East F.Z.E incorporated in UAE; capital AED100,000; 100% shares.
Annual reports
Concalls
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Jan 2026TranscriptPPT
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Oct 2025TranscriptAI SummaryPPT
Business Overview:[1]
COGSL is an ISO certified manufacturer
of equipment and systems for measurement
and filtration by fabrication and assembling
for industries including oil, gas, chemicals
and allied Fluid industries