Skip to content
Gagan Gases logo

Gagan Gases

524624 BSE
Price unavailable

Gagan Gases (GAGAN) share price was ₹19.00 at the 28 Oct 2026 close; market capitalisation ₹8.61 Cr; P/E (TTM) 35.19; sector Chemicals. The share price fell 23.0% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue fell 38.4% year on year to ₹0.53 Cr and net profit was ₹0.04 Cr, against −₹0.07 Cr a year earlier (compared with Jun 2025). Promoters held 39.68% of Gagan Gases in Sep 2026, up 0.92 percentage points from Jun 2026. Its Tapetide Score is 51/100 (Average) as of 28 Oct 2026.

Close 28 Oct 2026 ₹19.00 −4.80 −20.17% 1Y

Key Fundamentals

MicrocapChemicals & PetrochemicalsChemicals
Market Cap
₹8.61 Cr
P/E (TTM)
35.19
EBITDA
₹30.00 L
Return on Equity
4.05%
Debt to Equity
0.11
Book Value
₹7.77
EPS (TTM)
₹0.54
52W High
₹37.69
52W Low
₹11.90

Price-based figures as of 28 Oct 2026, 15:30 IST · EPS basis: Standalone · TTM

Peer Comparison

Commodities › Chemicals › Industrial Gases

Linde
₹5,738.5089.1848,940 Cr11.470.21%12.87%16.30%2,729 Cr549 Cr
Ellenbarrie Industrial Gases
₹319.7037.354,506 Cr4.610.00%10.68%13.02%417 Cr121 Cr
Stallion India Fluorochemicals
₹189.4942.302,200 Cr3.230.00%6.44%8.79%448 Cr52 Cr
Hilltone Software & Gases
——51 Cr2.210.00%0.58%0.59%15 Cr-1 Cr
National Oxygen
—16.3728 Cr—0.00%-30.08%17.90%28 Cr2 Cr
Gagan Gases (this company)
—35.199 Cr2.450.00%4.05%5.51%5 Cr0 Cr
Steamhouse India
₹141.81————————
Median 7 companies₹254.6037.351,126 Cr3.230.00%5.25%10.91%222 Cr27 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

51 Average
Overall score

Data confidence 98/100

Category scores

Quality Average 50
Returns, margins, earnings quality 22% weight
Valuation Poor 29
Cheap vs sector & own history 24% weight
Growth Average 49
Sales & profit trajectory 9% weight
Financial Health Strong 80
Solvency, leverage, coverage 9% weight
Momentum Strong 72
Trend strength, vol-adjusted 12% weight
Ownership Good 56
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Weaknesses

2
  • Promoter holding is low: 38.8%
  • Company has a low return on equity of 4.91% over last 3 years.

Technical Indicators

Oscillators

Neutral

Bearish
2
Neutral
5
Bullish
2

Overall

Bearish

Bearish
10
Neutral
5
Bullish
4

Moving Averages

Bearish

Bearish
8
Neutral
0
Bullish
2

Growth Rate

Revenue Growth
5.17% lower than 3Y

change over 1 year

Net Income Growth
-66.67% lower than 3Y

change over 1 year

Cash Flow Change
-150%

change over 1 year

EBITDA Margin Change
-41.89%

change over 1 year Operating margin 9.43% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0.34
0.55
0.6
0.64
1.34
1.43
1.86
1.05
0.86
1.65
1.71
1.81
0.53
Expenses
0.39
0.5
0.52
0.56
1.34
1.33
1.74
0.93
0.91
1.64
1.61
1.65
0.48
Operating Profit
-0.05
0.05
0.08
0.08
0
0.1
0.12
0.12
-0.05
0.01
0.1
0.16
0.05
OPM %
-14.71%
9.09%
13.33%
12.5%
0%
6.99%
6.45%
11.43%
-5.81%
0.61%
5.85%
8.84%
9.43%
Other Income
0
0
0
0.03
0
0
0
0.11
0
0
0
0.06
0
Interest
0
0
0
0.04
0
0
0
0.03
0
0
0
0.03
0
Depreciation
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
PBT
-0.07
0.03
0.06
0.05
-0.02
0.08
0.1
0.18
-0.07
-0.01
0.08
0.18
0.04
Tax %
0%
0%
0%
60%
0%
0%
10%
38.89%
0%
0%
0%
27.78%
0%
Net Profit
-0.06
0.04
0.07
0.02
-0.01
0.08
0.09
0.11
-0.07
-0.01
0.08
0.13
0.04
EPS (₹)
-0.13
0.09
0.15
0.04
-0.02
0.18
0.2
0.24
-0.15
-0.02
0.18
0.29
0.09
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1.56
1.15
0.58
0.48
0.57
1.25
2.17
2.9
2.21
2.13
5.69
6.03
5.7
Expenses
1.48
1.01
0.39
0.44
0.38
1.15
1.89
2.52
2
1.96
5.35
5.82
5.38
Operating Profit
0.08
0.14
0.19
0.04
0.19
0.1
0.28
0.38
0.21
0.17
0.34
0.21
0.32
OPM %
5.13%
12.17%
32.76%
8.33%
33.33%
8%
12.9%
13.1%
9.5%
7.98%
5.98%
3.48%
5.61%
Other Income
0.09
0.08
0.01
0.01
0.02
0.02
0.02
0.01
2.36
0.03
0.11
0.06
0.06
Interest
0.03
0.01
0.01
0
0
0.01
0.07
0.05
0.05
0.04
0.03
0.03
0.03
Depreciation
0.07
0.07
0.06
0.06
0.05
0.06
0.07
0.07
0.07
0.07
0.07
0.06
0.06
PBT
0.07
0.14
0.13
-0.01
0.16
0.05
0.16
0.27
2.45
0.09
0.35
0.18
0.29
Tax %
-28.57%
14.29%
15.38%
-100%
12.5%
0%
81.25%
81.48%
24.08%
33.33%
25.71%
27.78%
—
Net Profit
0.09
0.12
0.11
0
0.14
0.05
0.03
0.06
1.87
0.06
0.27
0.14
0.24
EPS (₹)
0.2
0.27
0.24
0
0.31
0.11
0.07
0.13
4.14
0.13
0.6
0.31
0.54
Div. Payout %
0%
0%
0%
—
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
4.52
4.52
4.52
4.52
4.52
4.52
4.52
4.52
4.52
4.52
4.52
4.52
Reserves
-3.71
-3.58
-3.47
-3.47
-3.33
-3.28
-3.46
-3.4
-1.53
-1.47
-1.21
-1.07
Borrowings
0.45
0.13
0.01
0.09
0.02
0.33
0.65
0.48
0.37
0.39
0.39
0.39
Other Liabilities
0.21
0.23
0.22
0.2
0.24
0.23
0.28
0.34
0.78
0.2
0.2
0.22
Total Liabilities
1.47
1.3
1.28
1.34
1.45
1.8
1.99
1.94
4.14
3.64
3.9
4.06
Fixed Assets
0.96
0.88
0.81
0.75
0.7
0.72
0.93
0.86
0.67
0.6
0.54
0.48
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
0
0
0
0
0.14
0
0
0
2.36
2.27
2.45
2.44
Other Assets
0.51
0.42
0.47
0.59
0.61
1.08
1.06
1.08
1.11
0.77
0.91
1.14
Total Assets
1.47
1.3
1.28
1.34
1.45
1.8
1.99
1.94
4.14
3.64
3.9
4.06
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.29
0.23
0.16
0.03
0.16
-0.28
0.28
0.11
-0.03
0.09
0.26
-0.13
Investing
0
0.02
0
0
-0.13
0.04
0.01
0.01
0.13
0.12
-0.07
0.06
Financing
-0.25
-0.31
-0.13
0.07
-0.06
0.29
-0.2
-0.23
-0.15
-0.02
-0.03
-0.03
Net Cash Flow
0.04
-0.06
0.03
0.11
-0.03
0.05
0.09
-0.12
-0.05
0.2
0.16
-0.1
Free Cash Flow
0.29
0.25
0.16
0.03
0.16
-0.35
0.24
0.11
0.09
0.09
0.25
-0.13
CFO/OP
375
186
100
75
100
-270
111
53
271
71
103
-33
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
44.46
50.78
101
122
122
140
85.78
47.83
36.33
35.99
17.96
34.5
Inventory Days
3.23
0
0
—
—
44.92
21.75
66.05
33.42
42.12
0
6.72
Days Payable
3.23
—
—
—
—
5.62
0
0
2.57
5.62
—
1.49
Cash Conversion Cycle
44.46
50.78
101
122
122
179
108
114
67.18
72.49
17.96
39.73
Working Capital Days
7.02
-6.35
88.1
122
109
161
89.15
90.62
41.29
47.98
16.04
32.69
ROCE %
7.52%
11.16%
13.15%
-0.91%
13.62%
4.32%
14.02%
19.34%
8.06%
3.82%
10.64%
5.57%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Gagan Gases insights

60 extracted metrics + investor summaries across FY09–FY27.

Shareholding Pattern

DIIs0.01%Public43.06%Others17.25%Promot.39.68%As ofSep 2026

Documents

Frequently Asked Questions about Gagan Gases

What does Gagan Gases Ltd do?
Incorporated in 1986, Gagan Gases Ltd is engaged in the business of LPG Bottling.[1]
Where is Gagan Gases Ltd (GAGAN) listed?
Gagan Gases Ltd trades under code 524624 on the BSE.
Which sector does Gagan Gases Ltd belong to?
Gagan Gases Ltd is classified under the Chemicals sector, in the Industrial Gases industry.
What is the market capitalisation of Gagan Gases Ltd?
Gagan Gases Ltd has a market capitalisation of ₹8.61 Cr as of 28 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of Gagan Gases Ltd?
Gagan Gases Ltd trades at a PE ratio of 35.19 as of 28 Oct 2026, on earnings per share of ₹0.54, against a book value of ₹7.77 per share.
What is the 52-week high and low of Gagan Gases Ltd?
Over the last 52 weeks Gagan Gases Ltd has traded between ₹11.9 and ₹37.69 as of 28 Oct 2026.
What is the Return on Equity (ROE) of Gagan Gases Ltd?
Gagan Gases Ltd reported a return on equity of 4.05%. Its debt-to-equity ratio is 0.11.

Company Information

Incorporated in 1986, Gagan Gases Ltd is engaged in the business of LPG Bottling.[1]

Website gagangases.com
Face Value ₹ 10
Shares Outstanding 45,31,085

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/524624.md for Gagan Gases Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Chemical & Petrochemical stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month