What is Gagan Gases Ltd (524624) share price return in the past 10 years?

Gagan Gases Ltd share price has appreciated 10% annually (CAGR) over the past ten years.

What is the share price of Gagan Gases Ltd (524624)?

Company share prices are keep on changing according to the market conditions. The current trading price of Gagan Gases Ltd (524624) on 09-Jun-2026 15:51:00 at 15:51 is 22.34.

What is the P/E ratio of Gagan Gases?

The latest standalone P/E ratio of Gagan Gases as of 09-Jun-2026 is 68.68.

What is the P/B ratio of Gagan Gases Ltd (524624)?

The latest standalone P/B ratio of Gagan Gases Ltd (524624) as of 09-Jun-2026 is 2.78.

What is the 52-week high and low of Gagan Gases Ltd (524624)?

The 52-week high of Gagan Gases Ltd (524624) is Rs. 37.69 and the 52-week low is Rs. 11.90.

Gagan Gases Ltd (524624) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Gagan Gases Ltd (524624)
Brand: Gagan Gases

Gagan Gases Ltd (524624)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524624 NSE: Industrial Gases & Fuels | Small Cap | Gagan Gases Share Price

Gagan Gases Ltd (524624)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524624 NSE: Industrial Gases & Fuels | Small Cap | Gagan Gases Share Price

Key Metrics

Valuation Multiples

Market Cap

₹10 Cr.

Current Price

₹22.3

52-Week Low / High

₹12 / 38

TTM EPS

₹0.3

TTM Sales

₹6 Cr.

Book Value per Share

₹7.6

P/E Ratio

68.68

Higher than its 5-year historical median

Industry PE

25.4

Price to Book (P/B)

2.78

Lower than its 5-year historical median

Price to Sales (P/S)

1.60

Lower than its 5-year historical median

EV/EBITDA

35.20

Higher than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

8.38%

Outperforms industry median

Return on Capital Employed (ROCE)

11.82%

Outperforms industry median

Return on Assets (ROA)

7.07%

Operating Profit Margin

5.9%

Net Profit Margin

4.69%

Gross Profit Margin

7.3%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

167.14%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

112.5%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

350%

Asset Quality

Promoter Holding

38.76%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹-1 Cr.

Equity

₹4.5 Cr.

Face Value

₹10

All Time Low / High

₹0.55 / 40.00

Gagan Gases stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Gagan Gases Ltd a good quality company?

Gagan Gases Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Gagan Gases Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Gagan Gases Ltd vs industry peers?

Gagan Gases Ltd revenue CAGR is 35.41%, compared to the industry median CAGR of 1.69%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Gagan Gases Ltd?

Promoters hold 38.76% of the Gagan Gases Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Gagan Gases Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 10.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	12.2%	12.3%	-0%	14.1%	3.9%	16.1%	27.1%	120.9%	4.1%	11.8%	-
Value Creation Index ⓘ	-0.1	-0.1	-1.0	0	-0.7	0.2	0.9	7.6	-0.7	-0.2	-
Growth Parameters ⓘ
Sales ⓘ	1.2	0.6	0.5	0.6	1.3	2.2	2.9	2.2	2.1	5.7	6
Sales YoY Gr.	-	-49.6%	-17.2%	20.8%	115.5%	73.6%	33.6%	-23.8%	-3.6%	167.1%	-
Adj EPS ⓘ	0.3	0.2	0	0.3	0.1	0.1	0.1	0.6	0.1	0.6	0.3
YoY Gr.	-	-4%	-95.8%	3000%	-64.5%	-36.4%	85.7%	338.5%	-77.2%	353.9%	-
BVPS (₹) ⓘ	2.1	2.3	2.3	2.6	2.7	2.4	2.5	6.6	6.7	7.3	7.6
Adj Net Profit ⓘ	0.1	0.1	0	0.1	0.1	0	0.1	0.3	0.1	0.3	0
Cash Flow from Ops. ⓘ	0.2	0.2	0	0.2	-0.3	0.3	0.1	-0	0.1	0.3	-
Debt/CF from Ops. ⓘ	0.6	0.1	2.5	0.2	-1.2	0.7	0.2	-0.4	0.3	0.1	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	19.4%	35.4%	25.2%	167.1%
Adj EPS ⓘ	10%	39.9%	65.6%	353.9%
BVPSⓘ	15.1%	21.8%	43.5%	8.8%
Share Price	10%	2.2%	19.8%	5.1%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	12.8	11.1	0.4	12.6	4.2	2.8	5.3	12.5	2	8.4	4.1
Op. Profit Mgn % ⓘ	12	31.5	10.2	34.5	7.7	13	13.4	9.6	7.5	5.9	3.5
Net Profit Mgn % ⓘ	9.8	18.9	0.8	24.4	4.1	1.5	2	11.7	2.8	4.7	2.3
Debt to Equity ⓘ	0.1	0	0.1	0	0.3	0.2	0	0	0	0	0.1
Working Cap Days ⓘ	80	147	174	159	141	115	99	153	118	27	89
Cash Conv. Cycle ⓘ	51	91	123	110	109	97	85	90	58	20	85

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1.15	0.58	0.48	0.58	1.25	2.17	2.90	2.21	2.13	5.69
Operating Expenses ⓘ +	1.01	0.40	0.43	0.38	1.15	1.89	2.51	2	1.97	5.35
Manufacturing Costs	0.05	0.04	0.03	0.04	0.10	0.04	0.06	0.10	0.13	0.18
Material Costs	0.61	0.05	0.02	0	0.65	1.51	2.10	1.42	1.30	4.60
Employee Cost	0.10	0.18	0.26	0.24	0.29	0.12	0.15	0.16	0.23	0.18
Other Costs ⓘ	0.25	0.14	0.13	0.10	0.11	0.22	0.20	0.32	0.31	0.40
Operating Profit ⓘ	0.14	0.18	0.05	0.20	0.10	0.28	0.39	0.21	0.16	0.34
Operating Profit Margin (%)	12.0%	31.5%	10.2%	34.5%	7.7%	13.0%	13.4%	9.6%	7.5%	5.9%
Other Income ⓘ +	0.06	0.01	0.01	0.02	0.02	0.02	0.01	2.36	0.03	0.11
Exceptional Items ⓘ	0.01	0	0	0	0	0	0	0	0	0
Interest ⓘ	0.01	0.01	0	0	0.01	0.07	0.05	0.05	0.04	0.03
Depreciation ⓘ	0.07	0.06	0.06	0.05	0.06	0.07	0.07	0.07	0.07	0.07
Profit Before Tax ⓘ	0.14	0.12	-0	0.16	0.05	0.16	0.27	2.45	0.09	0.35
Tax ⓘ	0.01	0.01	-0.01	0.02	-0	0.13	0.21	0.59	0.03	0.08
Profit After Tax	0.12	0.11	0	0.14	0.05	0.03	0.06	1.87	0.06	0.27
PAT Margin (%)	10.7%	18.9%	0.8%	24.4%	4.1%	1.5%	2.0%	84.5%	2.8%	4.7%
Adjusted EPS (₹)	0.3	0.2	0.0	0.3	0.1	0.1	0.1	4.1	0.1	0.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Gagan Gases - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	0.93	1.04	1.05	1.19	1.24	1.06	1.12	2.99	3.05	3.31
Share Capital ⓘ	4.52	4.52	4.52	4.52	4.52	4.52	4.52	4.52	4.52	4.52
Reserves ⓘ	-3.58	-3.47	-3.47	-3.33	-3.28	-3.46	-3.40	-1.53	-1.47	-1.21
Debt +	0.13	0.01	0.09	0.02	0.33	0.19	0.02	0.01	0.03	0.03
Long Term Debt	0.13	0.01	0.09	0.02	0.33	0.19	0.02	0.01	0.03	0.03
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0.02	0	0	0	0.01	0	0	0.01	0.02	0
Others Liabilities ⓘ	0.09	0.08	0.05	0.07	0.06	0.66	0.80	1.14	0.55	0.56
Total Liabilities ⓘ	1.18	1.14	1.19	1.29	1.63	1.92	1.94	4.14	3.64	3.90
Fixed Assets
Net Fixed Assets ⓘ +	0.88	0.81	0.75	0.70	0.72	0.93	0.86	0.67	0.60	0.54
Gross Block	10.96	10.96	10.96	10.96	11.03	11.28	11.28	10.99	10.99	11
Accumulated Depreciation	10.09	10.15	10.21	10.26	10.32	10.35	10.43	10.32	10.39	10.45
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0.14	0	0	0	2.36	2.27	2.45
Inventories	0	0	0	0	0.08	0.09	0.38	0.13	0.15	0
Trade Receivables	0.16	0.16	0.16	0.19	0.48	0.51	0.38	0.22	0.21	0.28
Cash Equivalents	0.06	0.09	0.20	0.17	0.22	0.31	0.20	0.15	0.34	0.50
Others Assets ⓘ	0.07	0.07	0.06	0.08	0.13	0.08	0.13	0.61	0.06	0.13
Total Assets ⓘ	1.18	1.14	1.19	1.29	1.63	1.92	1.94	4.14	3.64	3.90

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0.23	0.16	0.03	0.16	-0.28	0.28	0.11	-0.03	0.09	0.26
PBT ⓘ	0.14	0.12	-0	0.14	0.05	0.16	0.27	2.45	0.09	0.35
Adjustment ⓘ	0.06	0.07	0.06	0.06	0.05	0.13	0.12	-2.24	0.07	-0.01
Changes in Working Capital ⓘ	0.06	-0.01	-0.02	-0.01	-0.37	0.02	-0.19	0.36	-0.02	0.02
Tax Paid ⓘ	-0.03	-0.03	-0	-0.03	-0.01	-0.03	-0.09	-0.60	-0.03	-0.09
Cash Flow From Investing Activity ⓘ +	0.02	0	0	-0.13	0.04	0.01	0.01	0.13	0.12	-0.07
Capex	0.02	0	-0	-0.14	0.07	-0.04	0	0.12	0	-0.01
Net Investments	0	0	0	0	0	0	0	-2.36	0.09	-0.17
Others ⓘ	0	0	0	0.01	-0.03	0.05	0.01	2.37	0.03	0.11
Cash Flow From Financing Activity ⓘ +	-0.31	-0.13	0.07	-0.06	0.29	-0.20	-0.23	-0.15	-0.02	-0.03
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-0.12	0.08	-0.06	0.30	-0.13	-0.17	-0.01	0.02	-0
Interest Paid ⓘ	0	-0.01	-0	-0	-0.01	-0.07	-0.05	-0.05	-0.04	-0.03
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-0.31	0	0	0	0	-0	0	-0.10	0	0
Net Cash Flow ⓘ	-0.06	0.03	0.11	-0.03	0.05	0.09	-0.12	-0.05	0.20	0.16

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	14.07	11.09	0.38	12.57	4.21	2.8	5.25	90.95	1.99	8.38
ROCE (%)	12.22	12.28	-0.04	14.05	3.94	16.08	27.08	120.94	4.08	11.82
Asset Turnover Ratio	0.91	0.5	0.41	0.47	0.86	1.23	1.5	0.73	0.55	1.51
PAT to CFO Conversion(x)	1.92	1.45	N/A	1.14	-5.6	9.33	1.83	-0.02	1.5	0.96
Working Capital Days
Receivable Days	55.60	101.90	123.20	111.90	98	83.30	56	49.30	37	15.90
Inventory Days	3.10	2	1.10	1	12.40	14.50	29.50	42.10	23.70	4.80
Payable Days	10.60	85.40	31	246	3.10	1.40	0.70	1.30	3.40	0.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gagan Gases Ltd FAQs

The current trading price of Gagan Gases on 09-Jun-2026 15:51 is ₹22.34.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of Gagan Gases stood at ₹9.62 Cr

The latest P/E ratio of Gagan Gases as of 08-Jun-2026 is 68.68.

The latest P/B ratio of Gagan Gases as of 08-Jun-2026 is 2.78.

The 52-week high of Gagan Gases is ₹37.69 and the 52-week low is ₹11.90.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gagan Gases is ₹6.03 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gagan Gases Ltd is a average quality company.

The key valuation ratios of Gagan Gases Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gagan Gases Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Gagan Gases Ltd

Gagan Gases (GGL), is a public limited company incorporated in the year 1986. Besides being an authorised distributor for ESSO and Mobil branded lubricants, the company is a leading distributor of LPG in the private sector in MP and operates its own LPG bottling plant at Pithampur.

Gagan Gases is an Indore based organization with diverse business interests. Since the year 2006, Gagan Gases is an authorised distributor for ESSO and MOBIL branded automotive and industrial lubricants in the region of Madhya Pradesh.

Besides being an authorised distributor for ESSO and Mobil branded Lubricants, the company is having experience of more than 12 years in handling and distribution of LPG. Gagan Gases is operating a state-of-the-art LPG filling plant which is spread across 13 acres of land.

GGL provides following products/services to its customers:

LPG for Domestic and Industrial use.
LPG cylinder testing facilities.
Bulk LPG / Propane transportation services.

The company also produces:

Automotive Lubricants

Synthetic Engine Oils
Mineral Engine Oils
Gear Oils & Greases

Industrial Lubricants

Synthetic Oils / Greases
Hydraulic Oils
Gear Oils
Anti Micro Pitting Gear Oils
Circulating Oils
Turbine Oils
Gas Engine Oils
Compressor Oils
Cutting Fluids
Way Oils
Spindle Oils
Greases

Gagan Gases Ltd (524624)

Gagan Gases Ltd (524624)

Gagan Gases stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Gagan Gases - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gagan Gases Ltd FAQs

About Gagan Gases Ltd

About MoneyWorks4Me

Our Vision

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
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Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Gagan Gases Ltd (524624)

Gagan Gases Ltd (524624)

Gagan Gases stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Gagan Gases - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gagan Gases Ltd FAQs

What is the share price of Gagan Gases?

What is the market cap of Gagan Gases?

What is the P/E ratio of Gagan Gases?

What is the P/B ratio of Gagan Gases?

What is the 52-week high and low of Gagan Gases?

What is the TTM revenue of Gagan Gases?

Is Gagan Gases Ltd a good quality company?

Is Gagan Gases Ltd undervalued or overvalued?

Is Gagan Gases Ltd a good buy now?

About Gagan Gases Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.