Gagan Gases

how big is Gagan Gases?

As of Jun 06, Gagan Gases Ltd has a market capitalization of 9.30 Cr, with net sales of 5.68 Cr and a net profit of 0.27 Cr over the latest four quarters. The standalone balance sheet shows shareholder's funds of 3.05 Cr and total assets of 3.64 Cr.

As of Jun 06, Gagan Gases Ltd has a market capitalization of 9.30 Cr, classifying it as a Micro Cap company.<BR><BR>As of Jun 06, the company reported a sum of Net Sales for the latest 4 quarters amounting to 5.68 Cr and a sum of Net Profit of 0.27 Cr. This data is based on Standalone financials.<BR><BR>As of Mar 24, the Standalone balance sheet shows Shareholder's Funds of 3.05 Cr and Total Assets of 3.64 Cr.

Who are in the management team of Gagan Gases?

As of March 2023, the management team of Gagan Gases includes Gagan Maheshwary (Managing Director), K R Maheshwary (Director), Balwinder Singh Rana (Executive Director & CFO), and several independent directors: Dinesh Kumar Randhar, Kalyan Prashad Maheshwari, Usha Srivastava, along with Anjali Jain (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2023, the management team of Gagan Gases consists of the following individuals:<BR><BR>1. Gagan Maheshwary - Managing Director<BR>2. K R Maheshwary - Director<BR>3. Balwinder Singh Rana - Executive Director & CFO<BR>4. Dinesh Kumar Randhar - Independent Director<BR>5. Kalyan Prashad Maheshwari - Independent Director<BR>6. Usha Srivastava - Independent Director<BR>7. Anjali Jain - Company Secretary & Compliance Officer<BR><BR>Each member plays a significant role in the governance and operational management of the company.

What does Gagan Gases do?

Gagan Gases Ltd is a micro-cap company established in 1986, specializing in the distribution of LPG. As of March 2025, it reported net sales of 1 Cr and a market cap of Rs 9 Cr.

Overview: <BR>Gagan Gases Ltd is a leading distributor of LPG in the private sector, operating within the Other Chemical products industry and classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1986, Gagan Gases Ltd has maintained its status as a key player in the LPG distribution market. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 8.68% <BR>Price to Book: 2.98 <BR><BR>Contact Details: <BR>Address: 602 Sector III, Pithampur Distt Dhar Madhya Pradesh <BR>Tel: 91-7292-400266 <BR>Email: Gagan.lubes@gmail.com <BR>Website: http://www.gagangases.com

Has Gagan Gases declared dividend?

No Dividend History Available

Who are the peers of the Gagan Gases?

Gagan Gases' peers include Solar Industries, Linde India, PCBL Chemical, and Refex Industries, among others. Refex Industries has the highest 1-year return at 268.37%, while Gagan Gases has a return of 4.62%.

Peers: The peers of Gagan Gases are Solar Industries, Linde India, PCBL Chemical, Refex Industries, Prem. Explosives, GOCL Corpn., Stallion India, DIC India, Keltech Energies, and Beezaasan Exp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Solar Industries, while Good management risk is found at Linde India, PCBL Chemical, and Beezaasan Exp. Average management risk is found at Refex Industries, Prem. Explosives, GOCL Corpn., Stallion India, DIC India, and Keltech Energies. Excellent growth is noted at Solar Industries, PCBL Chemical, Refex Industries, Stallion India, and the rest have either Good, Average, or Below Average growth ratings. Excellent capital structure is seen at Solar Industries, Linde India, Refex Industries, Stallion India, and the rest have Average or Below Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Refex Industries at 268.37%, while Linde India has the lowest at -15.11%. Gagan Gases has a 1-year return of 4.62%, which is higher than Linde India but significantly lower than Refex Industries. Additionally, GOCL Corpn. and Refex Industries have negative six-month returns.

What is the technical trend for Gagan Gases?

As of June 5, 2025, Gagan Gases exhibits a mildly bearish trend based on daily moving averages, while mixed signals from weekly and monthly indicators suggest a lack of momentum.

As of 5 June 2025, the technical trend for Gagan Gases has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and KST show a mildly bullish trend. However, the monthly MACD and KST are mildly bearish, suggesting mixed signals across different time frames. The RSI shows no signal on both weekly and monthly charts, indicating a lack of momentum. Overall, the current technical stance is mildly bearish, with key indicators being the daily moving averages and the monthly MACD.

Who are the top shareholders of the Gagan Gases?

The top shareholders of Gagan Gases include Gagan Investment Private Limited with 9.9% and Reekay Seamless Equipments & Solutions Private Limited with 14.2%. Individual investors hold 44.06% of the shares, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Gagan Gases include Gagan Investment Private Limited, which holds the highest promoter stake at 9.9%. Additionally, the highest public shareholder is Reekay Seamless Equipments & Solutions Private Limited, with a holding of 14.2%. Individual investors collectively hold a significant portion, accounting for 44.06% of the shares. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

Is Gagan Gases overvalued or undervalued?

As of July 28, 2025, Gagan Gases is considered very expensive and overvalued with a PE Ratio of 11.23, an EV to EBITDA of 11.25, and a PEG Ratio of 0.15, especially when compared to peers like Linde India and Petronet LNG, and despite a strong five-year return, it has recently underperformed the Sensex.

As of 28 July 2025, the valuation grade for Gagan Gases has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 11.23, an EV to EBITDA of 11.25, and a PEG Ratio of 0.15, which suggests that despite a low growth expectation, the stock price remains high relative to its earnings potential.<BR><BR>In comparison to its peers, Gagan Gases' PE Ratio is notably lower than that of Linde India, which has a PE of 121.66, and Petronet LNG, which is at 12.16, further highlighting its overvaluation in the market context. Additionally, while Gagan Gases has shown a strong return over the past five years at 302.76%, its recent performance has lagged behind the Sensex, with a one-week return of -14.43% compared to the Sensex's -1.59%. This combination of high valuation ratios and underperformance relative to peers and the broader market reinforces the conclusion that Gagan Gases is overvalued.

How has been the historical performance of Gagan Gases?

Gagan Gases has experienced significant sales growth, increasing from 0.58 Cr in Mar'19 to 5.69 Cr in Mar'25, but has faced challenges with fluctuating profitability, declining profit after tax, and rising raw material costs. Despite a decrease in total liabilities, the company struggles with asset management and maintaining consistent earnings.

Answer:<BR>The historical performance of Gagan Gases shows a significant increase in net sales, rising from 0.58 Cr in Mar'19 to 5.69 Cr in Mar'25. However, the company has faced fluctuating total operating income, peaking at 5.69 Cr in Mar'25 after reaching 2.21 Cr in Mar'23. The raw material costs have also surged, particularly in Mar'25, where they reached 4.60 Cr, indicating a growing expense in production. Operating profit, excluding other income, has shown a gradual increase from 0.11 Cr in Mar'20 to 0.34 Cr in Mar'25, although it peaked at 0.39 Cr in Mar'22. Profit before tax has fluctuated significantly, with a high of 2.45 Cr in Mar'23, but dropping to 0.35 Cr in Mar'25. Profit after tax has also seen a decline from 1.87 Cr in Mar'23 to 0.27 Cr in Mar'25. The company's earnings per share (EPS) have varied, with a notable peak at 4.14 in Mar'23, but falling to 0.6 in Mar'25. The total liabilities have decreased from 4.14 Cr in Mar'23 to 3.64 Cr in Mar'24, while total assets have also declined from 4.14 Cr to 3.64 Cr in the same period. Overall, Gagan Gases has experienced growth in sales but has faced challenges in profitability and asset management.<BR><BR>Breakdown:<BR>Gagan Gases has demonstrated a robust growth trajectory in net sales, escalating from 0.58 Cr in Mar'19 to 5.69 Cr in Mar'25, reflecting a strong upward trend. Despite this growth in sales, the company has encountered challenges with total operating income, which peaked at 5.69 Cr in Mar'25 after fluctuating in previous years. The raw material costs have notably increased, particularly in Mar'25, indicating rising production expenses. Operating profit has shown a gradual increase, reaching 0.34 Cr in Mar'25, although it peaked in Mar'22. Profit before tax has been inconsistent, with a high of 2.45 Cr in Mar'23 but declining to 0.35 Cr in Mar'25, while profit after tax has similarly decreased from 1.87 Cr to 0.27 Cr over the same period. The company's EPS has varied significantly, peaking at 4.14 in Mar'23 and falling to 0.6 in Mar'25. In terms of financial stability, total liabilities have decreased from 4.14 Cr in Mar'23 to 3.64 Cr in Mar'24, alongside a decline in total assets, indicating potential challenges in asset management. Overall, Gagan Gases has shown impressive sales growth but faces hurdles in maintaining profitability and managing its financial structure effectively.

When is the next results date for Gagan Gases Ltd?

The next results date for Gagan Gases Ltd is January 28, 2026.

The next results date for Gagan Gases Ltd is scheduled for January 28, 2026.

Are Gagan Gases Ltd latest results good or bad?

Gagan Gases Ltd's latest results show a return to profitability with a net profit of ₹0.08 crores, but revenue declined 8.06% year-on-year to ₹1.71 crores, raising concerns about ongoing challenges and a high P/E ratio of 82.46, indicating that the overall outlook is more concerning than positive.

Gagan Gases Ltd's latest results present a mixed picture, leaning towards caution. In Q3 FY26, the company returned to profitability with a net profit of ₹0.08 crores, compared to a loss of ₹0.01 crores in the previous quarter. This is a positive sign, but the overall financial performance raises concerns.<BR><BR>Revenue for the quarter was ₹1.71 crores, which shows a modest sequential growth of 3.64% from ₹1.65 crores in Q2 FY26. However, it reflects a significant year-on-year decline of 8.06% from ₹1.86 crores in Q3 FY25, indicating ongoing challenges in the operating environment.<BR><BR>While the operating margin improved to 5.85%, up from 1.21% in the previous quarter, the year-on-year comparison shows that the profit margins have not fully offset the revenue pressures. The company's valuation remains a significant concern, with a high P/E ratio of 82.46, which is not justified by its earnings performance.<BR><BR>Overall, while there are some signs of improvement, the persistent revenue decline and high valuation relative to earnings suggest that Gagan Gases Ltd is facing considerable challenges, making the latest results more concerning than reassuring.

Should I buy, sell or hold Gagan Gases Ltd?

Why is Gagan Gases Ltd falling/rising?

As of 01-Feb, Gagan Gases Ltd's stock price is at 21.31, down 2.29%, following a trend reversal after previous gains. The stock is underperforming against moving averages and shows weak long-term financial strength, with declining profits and concerns over debt servicing.

As of 01-Feb, Gagan Gases Ltd's stock price is falling, currently at 21.31, reflecting a decrease of 0.5 or 2.29%. This decline follows a trend reversal after two consecutive days of gains. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the broader sector, Industrial Gases & Fuels, has also experienced a decline of 2.27%, contributing to the stock's downward movement.<BR><BR>Investor participation appears to be waning, as evidenced by a drop in delivery volume, which fell by 8.86% compared to the 5-day average. The stock's liquidity is deemed sufficient for trading, but the overall market conditions are not favorable. <BR><BR>From a fundamental perspective, Gagan Gases Ltd shows weak long-term strength, with a -1.02% compound annual growth rate in operating profits over the last five years. The company's ability to service its debt is also concerning, reflected in a poor EBIT to Interest ratio of 0.17. Furthermore, the stock has generated a return of -0.88% over the past year, while profits have decreased by 7%, indicating underlying financial challenges. These factors collectively contribute to the stock's current decline.

Which are the latest news on Gagan Gases?