Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Gagan GasesBOM:524624 +1.85%78 Interest Coverage is 4.97 as of Mar. 2026, which is 3% below its 10-year median of 5.11. GuruFocus rates BOM:524624 with a GF Score™ of 78/100 and a GF Value™ of ₹37.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 730 Oil & Gas companies, Gagan Gases ranks worse than 52.88% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Gagan Gases's
Operating Income
for the
three
months ended in Mar. 2026 was ₹1.48 Mil. Gagan Gases's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.30 Mil.
Gagan Gases's interest coverage for the quarter that ended in Mar. 2026 was 4.97.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Gagan Gases's Interest Coverage or its related term are showing as below:
BOM:524624'
s Interest Coverage Range Over the Past 10 Years
Min: 3.15 Med: 5.11 Max: 747.5
Current: 5.14
BOM:524624's Interest Coverage is ranked worse than 52.88% of 730
companies
in the Oil & Gas industry
Industry Median: 5.89
vs BOM:524624: 5.14
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Gagan Gases Interest Coverage Related Terms
Gagan Gases Interest Coverage Historical Data
* Premium members only.
The historical data trend for Gagan Gases's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BOM:524624 vs VLO, MPC, PSX: Interest Coverage Comparison
For the Oil & Gas Refining & Marketing subindustry, Gagan Gases's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gagan Gases Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gagan Gases's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Gagan Gases's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gagan Gases (BOM:524624) has a Interest Coverage of 4.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gagan Gases and its competitors. This is near median its historical median of 5.11. Over the past decade, Gagan Gases' Interest Coverage has ranged from 3.15 to 747.50. According to the industry distribution chart, Gagan Gases ranks #386 out of 730 companies in the Oil & Gas industry, placing it in the top 52.9%.
Is Gagan Gases' Interest Coverage too high?
Gagan Gases' current Interest Coverage of 4.97 is near median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 747.50. The Oil & Gas industry median Interest Coverage is 5.89. Gagan Gases' value of 4.97 is 15.6% below this industry median. Based on the distribution chart, Gagan Gases ranks #386 out of 730 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Gagan Gases has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gagan Gases' Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Gagan Gases ranks #386 out of 730 companies for Interest Coverage. This places Gagan Gases in the lower half of its industry. The industry median Interest Coverage is 5.89. Gagan Gases' value of 4.97 is 15.6% below this benchmark. Historically, Gagan Gases' own Interest Coverage has ranged from 3.15 to 747.50 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 5.89, Gagan Gases has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gagan Gases's current Interest Coverage of 4.97 is 15.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gagan Gases and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gagan Gases's current Interest Coverage is 4.97, which is near median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gagan Gases stock overvalued right now?
Based on GuruFocus' analysis, Gagan Gases (BOM:524624) is currently considered Possible Value Trap. The stock's GF Value™ is ₹37.35, compared to a current price of ₹19.87 — trading 46.8% below its estimated fair value. The current Interest Coverage is 4.97, which is near median its 10-year median of 5.11 and 15.6% below the Oil & Gas industry median of 5.89. Gagan Gases' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Gagan Gases (BOM:524624), the current Interest Coverage is 4.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gagan Gases (BOM:524624) Overvalued in 2026?
Based on GuruFocus' analysis, Gagan Gases stock appears to be undervalued.
The current stock price of ₹19.87 is trading 46.8% below its estimated GF Value™ of ₹37.35.
GuruFocus considers Gagan Gases to be Possible Value Trap.
Key valuation signals for BOM:524624:
Interest Coverage: 4.97 (near median its 10-year median of 5.11)
GF Value™: ₹37.35 vs. price of ₹19.87 (46.8% below fair value)
Industry Position: 15.6% below the Oil & Gas median (#386 of 730)
No single metric tells the full story. See the BOM:524624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gagan Gases Ltd is an India-based company engaged in the distribution of LPG in the private sector and operates a LPG bottling plant at Pithampur. It is also engaged in providing LPG bottling assistance to other companies.
78GF Score
Get the complete analysis for BOM:524624
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:524624 has been successfully added to your 
