Gagan Gases

Which are the latest news on Gagan Gases?

Why is Gagan Gases Ltd falling/rising?

As of 09-Jun, Gagan Gases Ltd's stock price is rising to Rs 22.30, up 4.79%, driven by strong relative performance, a two-day gain streak of 10.21%, and increased investor interest with delivery volume up 109.08%. The stock is trading above key moving averages, indicating positive market sentiment.

As of 09-Jun, Gagan Gases Ltd's stock price is rising, currently at Rs 22.30, reflecting an increase of Rs 1.02 or 4.79%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 4.8% today, indicating strong relative performance. Additionally, it has been on a consecutive gain streak for the last two days, accumulating a total return of 10.21% during this period. <BR><BR>Today, the stock opened with a significant gain of 4.32% and reached an intraday high of Rs 22.34, showcasing positive momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 109.08% compared to the 5-day average, suggesting heightened interest from investors. <BR><BR>Despite experiencing a wide trading range of Rs 2.12 today, the stock's performance remains robust, as it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is slightly below the 5-day moving average. Overall, these factors contribute to the stock's rising price, reflecting positive market sentiment and increased trading activity.

Should I buy, sell or hold Gagan Gases Ltd?

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.

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.