Gagan Gases

Why is Gagan Gases Ltd falling/rising?

As of 10-Aug, Gagan Gases Ltd's stock price is at 18.90, showing a short-term increase after a decline, but it remains below key moving averages and faces reduced investor participation.

As of 10-Aug, Gagan Gases Ltd's stock price is rising, currently at 18.90, reflecting an increase of 0.53 or 2.89%. This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, it has outperformed its sector by 3.38% today. However, despite this rise, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Furthermore, there has been a significant drop in investor participation, with delivery volume on 06 Aug falling by 86.59% compared to the 5-day average. Overall, while the stock is experiencing a short-term rise, the broader context shows challenges in investor engagement and longer-term performance metrics.

Which are the latest news on Gagan Gases?

Should I buy, sell or hold Gagan Gases Ltd?

How big is Gagan Gases?

As of 10th June, Gagan Gases Ltd has a market capitalization of 10.00 Cr, with recent net sales of 6.03 Cr and a net profit of 0.13 Cr. The company's shareholder's funds are 3.31 Cr, and total assets amount to 3.90 Cr.

As of 10th June, Gagan Gases Ltd has a market capitalization of 10.00 Cr, categorized as a Micro Cap company.<BR><BR>In the latest four quarters, Gagan Gases reported Net Sales of 6.03 Cr and a Net Profit of 0.13 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 3.31 Cr and Total Assets of 3.90 Cr.

Who are in the management team of Gagan Gases?

The management team of Gagan Gases includes Gagan Maheshwary (Managing Director), K R Maheshwary (Director), Balwinder Singh Rana (Executive Director & CFO), and three Independent Directors: Dinesh Kumar Randhar, Kalyan Prashad Maheshwari, and Usha Srivastava, along with Anjali Jain (Company Secretary & Compliance Officer).

The management team of Gagan Gases includes 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>If you have any more questions about Gagan Gases or its management, feel free to ask!

Who are the peers of the Gagan Gases?

Gagan Gases' peers include Keltech Energies, DIC India, Beezaasan Exp., Patel Chem, Hilltone Softwar, Natl. Oxygen, Snehaa Organics, and Monolithisch Ind. In terms of performance, Gagan Gases has a 1-year return of -8.39%, better than DIC India's -21.09% but worse than Keltech Energies' 18.94%.

Peers: The peers of Gagan Gases are Keltech Energies, DIC India, Beezaasan Exp., Patel Chem, Hilltone Softwar, Natl. Oxygen, Snehaa Organics, and Monolithisch Ind.<BR><BR>Quality Snapshot: Excellent management risk is observed at DIC India, Patel Chem, Snehaa Organics, and Gagan Gases, while Average management risk is found at Keltech Energies, Beezaasan Exp., and Monolithisch Ind., and Below Average management risk is noted at Hilltone Softwar and Natl. Oxygen. Growth is rated as Excellent for Monolithisch Ind., Good for Keltech Energies and Natl. Oxygen, Average for Patel Chem, and Below Average for DIC India, Beezaasan Exp., Gagan Gases, Hilltone Softwar, and Snehaa Organics. Capital Structure is Excellent at DIC India, Beezaasan Exp., Patel Chem, and Snehaa Organics, Good at Gagan Gases and Keltech Energies, and Below Average at Hilltone Softwar and Natl. Oxygen.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Keltech Energies at 18.94%, while the lowest is DIC India at -21.09%. Gagan Gases has a 1-year return of -8.39%, which is better than DIC India but worse than Keltech Energies. Additionally, Hilltone Softwar and Natl. Oxygen have negative six-month returns.

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 2026, it reported net sales of 2 Cr and a market cap of INR 10 Cr, with a P/E ratio of 76.00.

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 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 2 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 76.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 3.77% <BR>Price to Book: 2.93<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

Are Gagan Gases Ltd latest results good or bad?

Gagan Gases Ltd's latest results show a strong turnaround with a 72.38% revenue increase and improved operating margins, but the high price-to-earnings ratio of 108 raises concerns about sustainability and investor expectations. While the operational improvements are positive, potential investors should exercise caution due to the company's extreme valuation and typical micro-cap challenges.

Gagan Gases Ltd's latest results indicate a significant turnaround, showcasing strong performance in the most recent quarter. The company reported a revenue increase of 72.38% year-on-year, reaching ₹1.81 crores, and a notable improvement in operating margins, which expanded to 8.84% from negative margins just two quarters ago. Additionally, net profit for the quarter was ₹0.13 crores, reflecting a 62.50% increase quarter-on-quarter.<BR><BR>While these results highlight a positive recovery and operational momentum, there are concerns regarding the company's extreme valuation. The stock trades at a price-to-earnings ratio of 108, which raises questions about sustainability and investor expectations, especially in a challenging macroeconomic environment. <BR><BR>Overall, while the operational improvements are encouraging, the high valuation multiples suggest caution for potential investors. The company still faces structural challenges typical of micro-cap stocks, including limited liquidity and institutional interest.

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.

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.

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.

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.

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.

Has Gagan Gases declared dividend?

No Dividend History Available