Gagan Gases Ltd (GAGAN) — shareholding pattern, promoter holding, financials and share price
About Gagan Gases Ltd (GAGAN)
Gagan Gases Ltd operates in the Industrial Gases industry, within the Chemicals sector. It trades on the NSE as GAGAN and on the BSE under scrip code 524624. Its ISIN is INE076D01016.
Incorporated in 1986, Gagan Gases Ltd is engaged in the business of LPG Bottling. [1]
Gagan Gases Ltd, established in 1986, is a prominent LPG distributor based in Indore, Madhya Pradesh. They operate an advanced LPG bottling plant at Pithampur.
The company is an authorized distributor of ESSO and MOBIL automotive and industrial lubricants in Madhya Pradesh since 2006.
Listed peers in Industrial Gases: Linde India Ltd, Refex Industries Ltd, Ellenbarrie Industrial Gases Ltd, Stallion India Fluorochemicals Ltd, Hilltone Software & Gases Ltd, National Oxygen Ltd.
Valuation & Returns
10 Jul 2026At ₹19.52 a share on 10 Jul 2026, Gagan Gases Ltd (GAGAN) was valued at a price-to-earnings ratio of 67.81x against an industry P/E of 45.11x and a price-to-book of 2.66x on a book value of ₹7.33 per share as of Mar 2025. Solomo computes return on equity of 3.93% and return on capital employed of 5.67% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 67.81x
- Industry P/E
- 45.11x
- P/B
- 2.66x
- EPS (TTM)
- ₹0.29
- Book value / share
- ₹7.33
- ROE
- 3.93%
- ROCE
- 5.67%
- ROA
- 3.33%
- Debt / equity
- 0.12x
- Dividend yield
- 0%
- EBITDA margin
- 4.64%
- 52-week range
- ₹19.35 – ₹20.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Gagan Gases Ltd (GAGAN) reported revenue of ₹6.03 crore, net profit of ₹0.14 crore and earnings per share of ₹0.31. That compares with revenue of ₹5.69 crore and net profit of ₹0.27 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1.81 crore and net profit ₹0.13 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2.9 | 2.21 | 2.13 | 5.69 | 6.03 |
| Net profit (₹ cr) | 0.06 | 1.87 | 0.06 | 0.27 | 0.14 |
| EPS (₹) | 0.13 | 4.14 | 0.13 | 0.6 | 0.31 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 19.47% | 35.40% | 25.17% | 167.14% |
| Profit growth | 8.99% | 39.15% | 67.02% | 350.00% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 38.76% of Gagan Gases Ltd (GAGAN) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.01%. Market capitalisation was ₹9 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Reekay Seamless Equipments & Solutions Private Limited 14.2%, Dipak Kanayalal Shah 1.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 38.76% | - | - | 0.01% | 61.24% |
| Mar 2026 | 38.76% | - | - | 0.01% | 61.24% |
| Dec 2025 | 39.01% | - | - | 0.01% | 60.99% |
| Sep 2025 | 39.01% | - | - | 0.01% | 60.99% |
| Jun 2025 | 38.88% | - | - | 0.01% | 61.12% |
| Mar 2025 | 38.77% | - | - | 0.01% | 61.23% |
| Dec 2024 | 38.59% | - | - | 0.01% | 61.41% |
| Sep 2024 | 38.43% | - | - | 0.01% | 61.57% |