---
title: "Alang Industrial Gases Ltd (31706) — Share Price, Financials & Analysis"
symbol: "31706"
company: "Alang Industrial Gases Ltd"
canonical: "https://tapetide.com/stocks/31706"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:38:24.125Z"
---

# Alang Industrial Gases Ltd (31706)

Canonical page: https://tapetide.com/stocks/31706

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2000-03-27
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Alang Industrial Gases Limited, incorporated in India, listed on the Bombay Stock Exchange, the company is engaged in dealing with product of oxygen gases which is mainly used for cutting of Ships at worlds largest ship breaking yard

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.81 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.38% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -200% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 |
| Operating Profit | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 |
| Tax % | 0 | — | — | — | — | — | — | — | — | 0 | — |
| Net Profit | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 |
| EPS in Rs | -0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.02 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 0 | 0.01 | 0.01 | 0.03 | 0.01 |
| Operating Profit | 0 | 0 | 0 | -0.01 | -0.01 | -0.03 | -0.01 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | -0.01 | -0.01 | -0.03 | -0.01 |
| Tax % | — | — | — | 0 | 0 | 0 | — |
| Net Profit | 0 | 0 | 0 | -0.01 | -0.01 | -0.03 | -0.01 |
| EPS in Rs | 0 | 0 | 0 | -0.02 | -0.02 | -0.06 | -0.02 |
| Dividend Payout % | — | — | — | 0 | 0 | -27 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.93 | 3.93 | 3.93 | 5.4 | 5.4 | 5.4 | 5.4 |
| Reserves | -1.58 | -1.58 | -0.78 | -0.78 | -0.79 | -0.82 | -0.83 |
| Borrowings | 1.47 | 1.48 | 0 | 0 | 0 | 0.03 | 0.03 |
| Other Liabilities | 2.12 | 2.12 | 1.49 | 1.49 | 1.5 | 1.43 | 1.43 |
| Total Liabilities | 5.94 | 5.95 | 4.64 | 6.11 | 6.11 | 6.04 | 6.03 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.36 | 4.36 | 4.36 | 4.36 | 4.36 | 5.06 | 5.06 |
| Other Assets | 1.58 | 1.59 | 0.28 | 1.75 | 1.75 | 0.98 | 0.97 |
| Total Assets | 5.94 | 5.95 | 4.64 | 6.11 | 6.11 | 6.04 | 6.03 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 0 | 0 | 0 | 0 | 0.68 |
| Cash from Investing Activity | — | 0 | 0 | 0 | 0 | -0.7 |
| Cash from Financing Activity | — | 0 | 0 | 0 | 0 | 0.03 |
| Net Cash Flow | — | 0 | 0 | 0 | 0 | 0.01 |
| Free Cash Flow | — | 0 | 0 | 0 | 0 | 0.68 |
| CFO/OP | — | — | — | 0 | 0 | -2267 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- |
| ROCE % | — | 0 | 0 | -0.26 | -0.22 | -0.65 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2014 from bse](http://www.bseindia.com/bseplus/AnnualReport/531517/5315170314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5315170313.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport//5315170311.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:38:24.125Z.