Gagan Gases Ltd - Stock Valuation and Financial Performance

BSE: 524624 | NSE: | Industrial Gases & Fuels | Small Cap

Gagan Gases Share Price

21.04 0.33 1.59%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Gagan Gases

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Gagan Gases stock performance -

mw4me loader
P/E Ratio (SA):
527.41
Market Cap:
9.5 Cr.
52-wk low:
10.5
52-wk high:
32

Is Gagan Gases Ltd an attractive stock to invest in?

1. Is Gagan Gases Ltd a good quality company?

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

2. Is Gagan Gases Ltd undervalued or overvalued?

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

3. Is Gagan Gases Ltd a good buy now?

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.

10 Year X-Ray of Gagan Gases:

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

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.
Gagan Gases Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -19.3%8.5%10%10.8%0.7%12%4.1%5.6%8%14%-
Value Creation
Index
-2.4-0.4-0.3-0.2-1.0-0.1-0.7-0.6-0.4-0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.71.61.20.60.50.61.32.22.92.22
Sales YoY Gr.--9.8%-26.3%-49.6%-17.2%20.8%115.5%73.6%33.6%-23.8%-
Adj EPS -10.20.30.200.30.10.10.10.60
YoY Gr.-NA25%-4%-95.8%3000%-64.5%-36.4%85.7%338.5%-
BVPS (₹) 1.61.82.12.32.32.62.72.42.56.66.7
Adj Net
Profit
-0.40.10.10.100.10.100.10.30
Cash Flow from Ops. -0.20.30.20.200.2-0.30.30.10-
Debt/CF from Ops. -2.81.50.60.12.50.2-1.20.70.2-0.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.8%35.7%20.9%-23.8%
Adj EPS NA124.5%73.1%338.5%
BVPS17.1%23.3%34.1%166.5%
Share Price 17.5% 17.2% 31.4% 77.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-46.511.812.811.10.412.64.22.85.312.50.6
Op. Profit
Mgn %
-7.85.41231.510.234.57.71313.49.66.2
Net Profit
Mgn %
-25.25.89.818.90.824.44.11.5211.71
Debt to
Equity
0.90.60.100.100.30.200-
Working Cap
Days
84798014717415914111599153368
Cash Conv.
Cycle
63545191123110109978590298

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.92%

Net Profit is growing at healthy rate in last 3 years 73.05%

Return on Equity has declined versus last 3 years average to 0.60%

Sales growth is not so good in last 4 quarters at -15.67%

Latest Financials - Gagan Gases Ltd.

Standalone Consolidated
TTM EPS (₹) 0 -
TTM Sales (₹ Cr.) 1.8 -
BVPS (₹.) 6.7 -
Reserves (₹ Cr.) -1 -
P/BV 3.14 -
PE 527.41 -
From the Market
52 Week Low / High (₹) 10.50 / 32.00
All Time Low / High (₹) 0.55 / 40.00
Market Cap (₹ Cr.) 9.5
Equity (₹ Cr.) 4.5
Face Value (₹) 10
Industry PE 21.8

Management X-Ray of Gagan 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

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Analyst's Notes

Key Ratios of Gagan Gases

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1.731.561.150.580.480.581.252.172.902.21
Operating Expenses 1.871.471.010.400.430.381.151.892.512
Manufacturing Costs0.070.060.050.040.030.040.100.040.060.10
Material Costs1.401.130.610.050.0200.651.512.101.42
Employee Cost 0.220.120.100.180.260.240.290.120.150.16
Other Costs 0.180.170.250.140.130.100.110.220.200.32
Operating Profit -0.130.080.140.180.050.200.100.280.390.21
Operating Profit Margin (%) -7.8%5.4%12.0%31.5%10.2%34.5%7.7%13.0%13.4%9.6%
Other Income 0.020.090.060.010.010.020.020.020.012.36
Interest 0.220.030.010.01000.010.070.050.05
Depreciation 0.130.070.070.060.060.050.060.070.070.07
Exceptional Items 000.010000000
Profit Before Tax -0.460.070.140.1200.160.050.160.272.45
Tax -0.03-0.020.010.01-0.010.0200.130.210.59
Profit After Tax -0.440.090.120.1100.140.050.030.061.87
PAT Margin (%) -25.2%5.8%10.7%18.9%0.8%24.4%4.1%1.5%2.0%84.5%
Adjusted EPS (₹)-1.00.20.30.20.00.30.10.10.14.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 0.720.810.931.041.051.191.241.061.122.99
Share Capital 4.524.524.524.524.524.524.524.524.524.52
Reserves -3.80-3.71-3.58-3.47-3.47-3.33-3.28-3.46-3.40-1.53
Minority Interest0000000000
Debt0.680.450.130.010.090.020.330.190.020.01
Long Term Debt0.680.450.130.010.090.020.330.190.020.01
Short Term Debt0000000000
Trade Payables0.020.010.020000.01000.01
Others Liabilities 0.170.080.090.080.050.070.060.660.801.14
Total Liabilities 1.591.351.181.141.191.291.631.921.944.14

Fixed Assets

Gross Block11.0311.0310.9610.9610.9610.9611.0311.2811.2810.99
Accumulated Depreciation9.9210.0710.0910.1510.2110.2610.3210.3510.4310.32
Net Fixed Assets1.110.960.880.810.750.700.720.930.860.67
CWIP 0000000000
Investments 000000.140002.36
Inventories0.070.0100000.080.090.380.13
Trade Receivables0.230.190.160.160.160.190.480.510.380.22
Cash Equivalents 0.080.120.060.090.200.170.220.310.200.15
Others Assets0.110.070.070.070.060.080.130.080.130.61
Total Assets 1.591.351.181.141.191.291.631.921.944.14

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.240.290.230.160.030.16-0.280.280.11-0.03
PBT -0.460.070.140.1200.140.050.160.272.45
Adjustment 0.130.140.060.070.060.060.050.130.12-2.24
Changes in Working Capital 0.060.070.06-0.01-0.02-0.01-0.370.02-0.190.36
Tax Paid 0-0.01-0.03-0.030-0.03-0.01-0.03-0.09-0.60
Cash Flow From Investing Activity 000.0200-0.130.040.010.010.13
Capex 000.0200-0.140.07-0.0400.12
Net Investments 000000000-2.36
Others 000000.01-0.030.050.012.37
Cash Flow From Financing Activity 0.30-0.25-0.31-0.130.07-0.060.29-0.20-0.23-0.15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-0.120.08-0.060.30-0.13-0.17-0.01
Interest Paid -0.03-0.020-0.0100-0.01-0.07-0.05-0.05
Dividend Paid 0000000000
Others 0.33-0.24-0.31000000-0.10
Net Cash Flow 0.050.04-0.060.030.11-0.030.050.09-0.12-0.05
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-46.511.7814.0711.090.3812.574.212.85.2590.95
ROCE (%)-16.647.7512.2212.28-0.0414.053.9416.0827.08120.94
Asset Turnover Ratio1.061.060.910.50.410.470.861.231.50.73
PAT to CFO Conversion(x)N/A3.221.921.45N/A1.14-5.69.331.83-0.02
Working Capital Days
Receivable Days41495610212311298835649
Inventory Days2510321112153042
Payable Days461185312463111

Gagan Gases Ltd Stock News

Gagan Gases Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gagan Gases on 19-Apr-2024 16:01 is ₹21.04.
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 19-Apr-2024 16:01 the market cap of Gagan Gases stood at ₹9.49.
The latest P/E ratio of Gagan Gases as of 19-Apr-2024 16:01 is 527.4.
The latest P/B ratio of Gagan Gases as of 19-Apr-2024 16:01 is 3.14.
The 52-week high of Gagan Gases is ₹32.00 and the 52-week low is ₹10.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gagan Gases is ₹1.83 ( Cr.) .

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
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