Eastern Gases Ltd Stock Analysis

BSE: 540790 | NSE: | Gas Transmission/Marketing | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Eastern Gases

M-Cap below 100cr DeciZen not available

FAQs

1. Is Eastern Gases Ltd. a good quality company?

Data is not available for this company.

2. Is Eastern Gases Ltd. undervalued or overvalued?

No data found

3. Is Eastern Gases Ltd. a good buy now?

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

10 Year X-Ray of Eastern Gases:

Analysis of Financial Track Record

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % 5.4%11.5%8.4%10.4%11.8%11.2%10.8%9.8%10.6%7.9%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 16.838.462.989.713621022722826825412
YoY Gr. Rt. %-129%63.7%42.8%51.5%54.1%8.5%0.5%17.2%-5.1%-
Adj EPS 0.40.60.71.21.71.51.51.82.10.2-28.1
YoY Gr. Rt. %-57.1%34.6%55.4%49.6%-15.7%5.5%19.6%14.2%-91.4%-
BVPS (₹) 10.210.611.312.514.416.918.520.322.222.8-3.8
Adj Net Profit 0.20.50.611.52.22.32.73.10.3-42
Cash Flow from Ops. 0.8-5-2.5-0.2-1.60.68.212.539.8-
Debt/CF from Ops. 0.2-1.3-4.6-47.8-6.529.84.73.817.45.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 35.3%13.3%3.8%-5.1%
Adj EPS -7.1%-36.3%-51%-91.4%
BVPS 9.39.67.22.7
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on Equity % 3.66.57.610.310.610.28.69.49.80.8-295.5
Op. Profit Mgn % 2.23.63.33.93.32.844.54.73.7-10.6
Net Profit Mgn % 1.41.211.11.1111.21.20.1-348.4
Debt to Equity 00.81.41.20.90.81.41.61.61.5-
Working Cap Days 1138711010989829510289943,001
Cash Conv. Cycle 183047494241485864710

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Eastern Gases Ltd.

Standalone Consolidated
TTM EPS (₹) -28.1 -
TTM Sales (₹ Cr.) 12.1 -
BVPS (₹.) -3.8 -
Reserves (₹ Cr.) -21 -
P/BV -2.48 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 9.43 / 9.43
All Time Low / High (₹) 9.43 / 350.00
Market Cap (₹ Cr.) 14.1
Equity (₹ Cr.) 15
Face Value (₹) 10
Industry PE 99.7

Management X-Ray of Eastern Gases :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Eastern Gases Ltd

Eastern Gases (EGL) is a public limited company incorporated on February 14, 1995 and exclusively deals with LPG. In the year 1998, it commenced commercial production of bottling the LPG at its plant – Durgapur, West Bengal. EGL is among the largest dedicated liquefied petroleum gas (LPG) company of India amongst private sector players. In 2002, the company entered into marketing agreement with Indian Oil Petronas Private Limited (IPPL), a joint venture company of Indian Oil Corporation Limited, India and Petronas Nasional Berhad, Malaysia (100% held by the Malaysian government), both are fortune 500 companies. IPPL has a state-of-the-art LPG terminal at Haldia with cryogenic storage of imported butane, propane & LPG. The company has licensed capacity of 30,000 MT LPG refilling per month for the plant at Durpagur, West Bengal.

The company specialises in the arrangement to send the bulk LPG orders to all industrial customers from the Haldia import-export terminal of its principle. EGL offers a range of products suitable for a wide variety of applications and a host of services for its customers. The company can offer unlimited quantities of bulk butane, propane and any composition of LPG with the online blending facility. The company is leading supplier of anhydrous ammonia, liquor ammonia and packed ammonia in cylinders.

Products and services:

1. Propane

Propane (C3) is a high-vapor pressure and highly-combustible gas, which is primarily a hydrocarbon. The chemical formula of propane is C3H8. Propane owing to its high-vapor pressure and a very low freezing temperature is the most preferred fuel in European countries. Indian industries have also started recognising the unique features and benefits of using pure-graded propane instead of LPG for their combustion processes.

2. LPG

Liquefied petroleum gas (LPG) is a mixture of propane and butane in varying percentages. Propane and butane are basically alkanes owing to which they do not react with each other chemically to form a third compound but co-exist together as a finely distributed mixture with each having its own distinct properties.

As the characteristics of any good grade LPG depends upon the percentages of propane and butane present in the mixture so care should be taken to ensure that the LPG being used has higher percentage of propane and is totally free from unsaturation. For use in packed containers, Indian standards have a maximum permissible percentage of propane as 50%

3. Butane

Butane (C4) is a low-vapor pressure and highly-combustible gas, which is primarily a hydrocarbon. The chemical formula of butane is C4H10. Butane owing to its low-vapor pressure is the most preferred for low-pressure applications like aerosol propellant, polyethylene polymerization, solvent polyethylene agent-forming for making Styrofoam, gas lighters, etc.

4. Auto LPG

5. Ammonia

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