526873
Rajasthan Gases financials
- Market cap
- ₹444 Cr
- Sector
- Oil, Gas & Consumable Fuels
What Rajasthan Gases does
Rajasthan Gases Limited is headquartered in Nagpur, Maharashtra and listed on BSE (scrip code 526873). Its board has proposed altering the Memorandum of Association's main object clause to move beyond its existing gases-related line of business into buying, selling, importing, exporting, distributing and dealing in goods of all kinds, and acting as distributor, dealer, stockist or agent for such goods, including consumer electronics, textiles, construction materials and household items. The revised objects also permit the company to acquire, hold and trade shares, debentures, bonds and other securities, including futures and options contracts. Alongside this diversification, the board has proposed changing the company's name away from "Rajasthan Gases Limited" to reflect the broadened activities.
Quarterly results
Q1 FY27: net profit down 150.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 61 | 5 |
| EBITDA | -0 | -0 | -0 | -0 | -0 −1400% | -24 −241600% | 58 +52918% | -9 −5587% |
| Net profit | 0 | 6 | 1 | 10 | 34 | -24 −474% | 61 +9025% | -5 −151% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +52.6% 1Y
1Y: ₹37.87 on 10 Sept 2025 → ₹57.8. High ₹66.06 (6 Oct 2025), low ₹30 (3 Feb 2026).
Financials, as filed
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹61 Cr |
| Operating profit | ₹-1 Cr | ₹-0 Cr | ₹-0 Cr | ₹34 Cr |
| Operating margin | — | — | — | 54.9% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-1 Cr | ₹-0 Cr | ₹7 Cr | ₹81 Cr |
| Net margin | — | — | — | 132.3% |
| Cash from operations | ₹-1 Cr | ₹-1 Cr | ₹2 Cr | ₹-62 Cr |
| Free cash flow | ₹-1 Cr | ₹-1 Cr | ₹2 Cr | ₹-62 Cr |
| ROCE | -8.0% | -1.0% | -1.0% | 79.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr |
| Reserves | ₹0 Cr | ₹0 Cr | ₹6 Cr | ₹6 Cr | ₹55 Cr | ₹94 Cr |
| Borrowings | ₹0 Cr | ₹4 Cr | ₹5 Cr | ₹0 Cr | ₹20 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹15 Cr | ₹24 Cr |
| Total liabilities | ₹2 Cr | ₹5 Cr | ₹13 Cr | ₹29 Cr | ₹113 Cr | ₹141 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹5 Cr | ₹12 Cr | ₹28 Cr | ₹11 Cr | ₹13 Cr |
| Other assets | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹102 Cr | ₹127 Cr |
| Total assets | ₹2 Cr | ₹5 Cr | ₹13 Cr | ₹29 Cr | ₹113 Cr | ₹141 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 2% to 8,602.
- Public
- 100.0%
Since Jun 2025
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Public 100.0%.Dec '23: Public 100.0%.Mar '24: Public 100.0%.Jun '24: Public 100.0%.Sep '24: Public 100.0%.Dec '24: Public 100.0%.Mar '25: Public 100.0%.Jun '25: Public 100.0%.Sep '25: Public 100.0%.Dec '25: Public 100.0%.Mar '26: Public 100.0%.Jun '26: Public 100.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Snord Trading Private Limited newly disclosed 6.18% held
- L7 Securities Private Limited +3.92 pp 5.95% held
- Rupali Dhiraj Agrawal newly disclosed 1.95% held
- Amita Ravi Agrawal +1.30 pp 9.76% held
The same filing shows 4 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rajasthan Gases above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ravi Omprakash Agrawal | 11.82% | unchanged |
| L7 Hitech Private Limited | 11.81% | −0.24 pp |
| Ravi O Agrawal Huf | 9.76% | unchanged |
| Amita Ravi Agrawal | 9.76% | +1.30 pp |
| Snord Trading Private Limited | 6.18% | newly disclosed |
| L7 Securities Private Limited | 5.95% | +3.92 pp |
| Niraj Omprakash Agrawal | 3.41% | unchanged |
| Hemang Dhansukh Tanna | 2.60% | unchanged |
| Ankur Taneja | 2.47% | −0.78 pp |
| Priyank Rajkumar Diwanka | 2.30% | unchanged |
| Rupali Dhiraj Agrawal | 1.95% | newly disclosed |
| Tanisha Goel | 1.66% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Rajasthan Gases
Guides on how to read this kind of business and the numbers that matter.