BSE:524624

Stock Analysis Report

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Executive Summary

Gagan Gases Limited distributes LPG after bottling into cylinders for Reliance Petro Marketing Ltd in Madhya Pradesh, India. More Details


Snowflake Analysis

Excellent balance sheet with poor track record.

Share Price & News

How has Gagan Gases's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 524624 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: Insufficient data to determine 524624's volatility change over the past year.


Market Performance


7 Day Return

-0.1%

524624

3.3%

IN Oil and Gas

0.07%

IN Market


1 Year Return

-15.3%

524624

15.6%

IN Oil and Gas

19.1%

IN Market

Return vs Industry: 524624 underperformed the Indian Oil and Gas industry which returned 15.6% over the past year.

Return vs Market: 524624 underperformed the Indian Market which returned 19.1% over the past year.


Shareholder returns

524624IndustryMarket
7 Day-0.1%3.3%0.07%
30 Day-0.9%7.0%10.2%
90 Day21.4%4.1%24.2%
1 Year-15.3%-15.3%19.8%15.6%21.3%19.1%
3 Year-25.2%-25.2%32.0%18.4%9.5%4.2%
5 Year3.1%3.1%132.7%92.6%83.1%69.2%

Long-Term Price Volatility Vs. Market

How volatile is Gagan Gases's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gagan Gases undervalued compared to its fair value and its price relative to the market?

36.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 524624's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 524624's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 524624 is poor value based on its PE Ratio (36.2x) compared to the IN Oil and Gas industry average (19.3x).

PE vs Market: 524624 is poor value based on its PE Ratio (36.2x) compared to the Indian market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 524624's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 524624 is overvalued based on its PB Ratio (2.6x) compared to the IN Oil and Gas industry average (1x).


Next Steps

Future Growth

How is Gagan Gases forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gagan Gases has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Gagan Gases performed over the past 5 years?

-11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 524624 has high quality earnings.

Growing Profit Margin: 524624's current net profit margins (5.1%) are lower than last year (21.9%).


Past Earnings Growth Analysis

Earnings Trend: 524624's earnings have declined by 11.1% per year over the past 5 years.

Accelerating Growth: 524624's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 524624 had negative earnings growth (-25%) over the past year, making it difficult to compare to the Oil and Gas industry average (-26.2%).


Return on Equity

High ROE: 524624's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Gagan Gases's financial position?


Financial Position Analysis

Short Term Liabilities: 524624's short term assets (₹7.8M) exceed its short term liabilities (₹295.0K).

Long Term Liabilities: 524624's short term assets (₹7.8M) exceed its long term liabilities (₹4.5M).


Debt to Equity History and Analysis

Debt Level: 524624's debt to equity ratio (23%) is considered satisfactory.

Reducing Debt: 524624's debt to equity ratio has reduced from 39.6% to 23% over the past 5 years.

Debt Coverage: 524624's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 524624's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


Next Steps

Dividend

What is Gagan Gases's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 524624's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 524624's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 524624's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 524624's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 524624's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Gagan Maheshwary (47 yo)

1.25yrs

Tenure

₹541,935

Compensation

Mr. Gagan Maheshwary serves as Managing Director at Gagan Gases Limited since October 19, 2019 and has been its Director since August 22, 2016. He served as its Compliance Officer until April 9, 2016 and a...


CEO Compensation Analysis

Compensation vs Market: Gagan's total compensation ($USD7.43K) is below average for companies of similar size in the Indian market ($USD44.62K).

Compensation vs Earnings: Gagan's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Gagan Maheshwary
MD & Director1.25yrs₹541.94k3.99%
₹ 1.3m
Balvinder Rana
Whole Time Director3yrs₹384.00kno data
Roshan Chhabra
Directorno datano data0.52%
₹ 164.3k
Kul Maheshwary
Chairmanno data₹400.00k6.92%
₹ 2.2m
V. Khanna
Director1yrno datano data
Dinesh Randhar
Director1.08yrsno datano data
Rim Joshi
Additional Woman Director1.08yrsno datano data
Kalyan Maheshwari
Additional Independent Director1.08yrsno datano data

1.1yrs

Average Tenure

50.5yo

Average Age

Experienced Board: 524624's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 524624 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gagan Gases Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gagan Gases Limited
  • Ticker: 524624
  • Exchange: BSE
  • Founded: 1986
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: ₹31.584m
  • Shares outstanding: 4.52m
  • Website: https://www.gagangases.com

Location

  • Gagan Gases Limited
  • Plot No. 602, Sector 3
  • Pithampur District
  • Dhar
  • Madhya Pradesh
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
524624BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Gagan Gases Limited distributes LPG after bottling into cylinders for Reliance Petro Marketing Ltd in Madhya Pradesh, India. It also markets commercial and industrial LPG. The company was incorporated in 1...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 12:04
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.