Southern Gas

Why is Southern Gas Ltd falling/rising?

As of 12-Jun, the stock price of Southern Gas Ltd is stable at Rs. 25.00, with a recent 52-week high but erratic trading patterns and lower moving averages indicating potential bearish trends. Despite a year-over-year increase, long-term performance has significantly lagged behind the broader market.

As of 12-Jun, the stock price of Southern Gas Ltd is currently stable at Rs. 25.00, showing no change (0.00%). Despite this stability, there are several factors influencing the stock's performance. The stock has recently reached a new 52-week high of Rs. 25, indicating a positive moment in the short term. It opened with a gain of 5% today and touched an intraday high of Rs. 25, reflecting strong initial trading activity.<BR><BR>However, the stock has not traded on 5 out of the last 20 days, suggesting erratic trading patterns that could impact investor confidence. Additionally, Southern Gas is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend. <BR><BR>In terms of market performance, while the stock has shown a year-over-year increase of 10.23%, it has significantly underperformed over the longer term, with a 3-year decline of 65.08%. Comparatively, the broader market, represented by the Sensex, has performed better in various time frames, including a 1-week gain of 1.73% and a 1-month gain of 1.30%. <BR><BR>Overall, while there are some positive indicators such as today's performance and the new high, the stock's erratic trading, lower moving averages, and long-term underperformance suggest that the stock's price is not currently rising significantly.

Which are the latest news on Southern Gas?

What does Southern Gas do?

Southern Gas Ltd is a micro-cap company in the commodity chemicals industry, producing and supplying gases such as Medical Oxygen, Industrial Oxygen, Argon, Hydrogen, and Nitrogen. As of March 2026, it reported net sales of 8 Cr and a net profit of 1 Cr.

Overview: <BR>Southern Gas Ltd is a micro-cap company in the commodity chemicals industry, specializing in the production and supply of various gases including Medical Oxygen, Industrial Oxygen, Argon, Hydrogen, and Nitrogen.<BR><BR>History: <BR>Southern Gas Limited was incorporated in Cochin on July 29, 1963. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 8 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>- Market cap: INR Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 1.00 <BR>- Industry P/E: N/A <BR>- Dividend Yield: 0.00% <BR>- Debt Equity: 0.00 <BR>- Return on Equity: 0.00% <BR>- Price to Book: 0.00 <BR><BR>Contact Details: <BR>Address: Govind Poy House P O No 340, Rua Do Padre Miranda Margao Goa : 403601 <BR>Tel: 91-832-2724863/2724864 <BR>Email: sglgoa@southerngasindia.com <BR>Website: http://www.southerngasindia.com

Who are in the management team of Southern Gas?

The management team of Southern Gas includes Gautam V Pai Kakode (Executive Director & Managing Director), Yogita Gautam Pai Code, Motilal Sanvlokeny (both Non-Executive Directors), and five Independent Non-Executive Directors: Sripad P Patnekar, Purushottam Mantri, Ninad Gurudas Kamat, and Govind Vithal Kamat. They oversee the company's operations and strategic direction.

The management team of Southern Gas includes the following individuals:<BR><BR>1. **Gautam V Pai Kakode** - Executive Director & Managing Director<BR>2. **Yogita Gautam Pai Code** - Non-Executive Director<BR>3. **Motilal Sanvlokeny** - Non-Executive Director<BR>4. **Sripad P Patnekar** - Independent Non-Executive Director<BR>5. **Purushottam Mantri** - Independent Non-Executive Director<BR>6. **Ninad Gurudas Kamat** - Independent Non-Executive Director<BR>7. **Govind Vithal Kamat** - Independent Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Southern Gas?

Southern Gas's peers include Square Four Pro., Kobo Biotech, Sreechem Resins, and others, with Sreechem Resins showing excellent management risk and growth. Kobo Biotech leads in 1-year returns at 134.11%, while Southern Gas has a return of 10.23%.

Peers: The peers of Southern Gas are Square Four Pro., Kobo Biotech, Sreechem Resins, Emmessar Biotech, Kuwer Industries, Link Pharma Chem, Lime Chemicals, Bhagawati Oxygen, and Padmanabh Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sreechem Resins, while Average management risk is found at Emmessar Biotech, and the rest have Below Average management risk. Growth is Good at Sreechem Resins, Below Average at Emmessar Biotech, Kuwer Industries, Link Pharma Chem, Lime Chemicals, and Padmanabh Inds., and the rest do not qualify. Capital Structure is Good at Sreechem Resins, Below Average at Emmessar Biotech, Kuwer Industries, Link Pharma Chem, Lime Chemicals, Padmanabh Inds., and the rest do not qualify.<BR><BR>Return Snapshot: Kobo Biotech has the highest 1-year return at 134.11%, while Bhagawati Oxygen has the lowest at -37.07%. Southern Gas's 1-year return of 10.23% is significantly lower than Kobo Biotech's. Additionally, Emmessar Biotech, Link Pharma Chem, Lime Chemicals, Bhagawati Oxygen, and Padmanabh Inds. have negative six-month returns.

When is the next results date for Southern Gas Ltd?

The next results date for Southern Gas Ltd is 28 May 2026.

The next results date for Southern Gas Ltd is scheduled for 28 May 2026.

How big is Southern Gas?

As of 31st March, Southern Gas Ltd does not have a specified market capitalization. The latest financial metrics show net sales of 28.37 Cr and net profit of 1.82 Cr, with total assets of 32.13 Cr and shareholder's funds of 22.74 Cr.

As of 31st March, <BR><BR>Market Cap: Southern Gas Ltd does not have a specified market capitalization value.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 28.37 Cr, while the sum of Net Profit for the same period is 1.82 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 22.74 Cr and Total Assets totaling 32.13 Cr.

What is the technical trend for Southern Gas?

As of December 28, 2023, Southern Gas's technical trend is neutral, with a stagnant price of 22.68 and no significant movement or indicators to suggest a clear bullish or bearish stance.

As of 28 December 2023, the technical trend for Southern Gas has changed from mildly bearish to does not qualify. The current price remains stagnant at 22.68, with no movement in the previous close, today's high, or low, and the 52-week high and low also at 22.68. Given the lack of significant price action and the absence of technical summary data, it is difficult to determine a clear bullish or bearish stance. The indicators do not provide sufficient information to form a definitive view.

How has been the historical performance of the Southern Gas?

Southern Gas has shown steady growth in total reserves and shareholder's funds from March 2019 to March 2024, with reserves increasing from Rs 15.25 crore to Rs 22.51 crore and shareholder's funds rising from Rs 15.48 crore to Rs 22.74 crore. The company eliminated long-term debt, improved book value per share, and experienced fluctuating profit before tax, peaking at Rs 3.00 crore in March 2022 and reaching Rs 2.00 crore in March 2024.

Answer:<BR>The historical performance of Southern Gas shows a steady increase in total reserves and shareholder's funds over the years, with total reserves rising from Rs 15.25 crore in March 2019 to Rs 22.51 crore in March 2024. Shareholder's funds also grew from Rs 15.48 crore in March 2019 to Rs 22.74 crore in March 2024. The company has maintained a consistent share capital of Rs 0.23 crore throughout the years. Long-term borrowings have decreased significantly, from Rs 0.48 crore in March 2019 to Rs 0.00 crore in March 2024, indicating a reduction in debt. Total liabilities have increased from Rs 24.54 crore in March 2019 to Rs 32.13 crore in March 2024, while total assets have similarly risen from Rs 24.54 crore to Rs 32.13 crore in the same period. The book value per share has shown a positive trend, increasing from Rs 6,879.12 in March 2019 to Rs 10,105.82 in March 2024. Profit before tax fluctuated, reaching Rs 2.00 crore in March 2024, up from Rs 1.00 crore in March 2023, but down from Rs 3.00 crore in March 2022.<BR><BR>Breakdown:<BR>Southern Gas has demonstrated a solid financial trajectory over the years, with total reserves climbing from Rs 15.25 crore in March 2019 to Rs 22.51 crore in March 2024, reflecting a robust growth in retained earnings. Shareholder's funds have also seen a consistent upward trend, increasing from Rs 15.48 crore to Rs 22.74 crore during the same period, indicating a strengthening equity base. The company has effectively reduced its long-term borrowings to zero by March 2024, showcasing improved financial health and reduced reliance on debt. Despite total liabilities rising from Rs 24.54 crore to Rs 32.13 crore, total assets have kept pace, also increasing to Rs 32.13 crore. The book value per share has significantly improved, indicating enhanced shareholder value, while profit before tax has shown variability, peaking at Rs 3.00 crore in March 2022 before settling at Rs 2.00 crore in March 2024. Overall, Southern Gas's financial performance reflects a positive trend in equity and asset management, alongside effective debt reduction strategies.

Who are the top shareholders of the Southern Gas?

The top shareholders of Southern Gas are Gautam Vithaldaspai Kakode with 25.18%, the Life Insurance Corporation of India at 6.67%, and individual investors holding 17.72%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Southern Gas include Gautam Vithaldaspai Kakode, who is the promoter with the highest holding at 25.18%. The Life Insurance Corporation of India is the highest public shareholder, holding 6.67%. Additionally, individual investors collectively hold 17.72% of the company's shares. There are currently no mutual funds or foreign institutional investors holding shares in Southern Gas.

Has Southern Gas declared dividend?

Southern Gas Ltd has declared a 50% dividend, amounting to 50 per share, with an ex-date of September 17, 2024. However, total returns over various periods show no growth, particularly a significant decline of -68.32% over the past two years.

Southern Gas Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 50 per share<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return is 0%, the dividend return is 0%, resulting in a total return of 0.0%.<BR><BR>In the 1-year period, the price return is 0%, the dividend return is 0%, resulting in a total return of 0.0%.<BR><BR>In the 2-year period, the price return is -68.32%, the dividend return is 0%, resulting in a total return of -68.32%.<BR><BR>In the 3-year period, the price return is 0%, the dividend return is 0%, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, the price return is 0%, the dividend return is 0%, resulting in a total return of 0.0%.<BR><BR>In the 5-year period, the price return is 0%, the dividend return is 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Southern Gas has declared a dividend, the total returns over the periods indicate a lack of growth, particularly highlighted by a significant decline in the 2-year period. The absence of price appreciation and consistent dividend returns suggests a challenging financial environment for the company.