Cryogenic OGS Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹534 Cr
- P/E
- 61.93
- ROE
- 20.61%
- PEG
- 2.06
- Price to sales
- 13.07
- Debt to equity
- 0.00
- 52W high / low
- ₹452 / ₹156
- EBITDA margin
- 27.76%
- Net profit margin
- 21.12%
- Promoter holding
- 74.29%
- Sales (last year)
- ₹41 Cr
Incorporated in 1997, Cryogenic OGS Ltd provides equipment solutions for Metering, Filtering, Pressure Reduction, Dosing, and Blending.[1]
Guidance scorecard · Q4 FY26 call
What Cryogenic OGS's management guided
and where it ranks in Industrial Manufacturing
Industrial Manufacturing
RevenueQ3 FY26 call
20–40%- Expecting similar growth in the second half of FY26 as in the first half.
- Order book currently around ₹22-25 crores with ₹65 crores in bids submitted.
- Facility capacity can support up to double the current revenue without major capex. Significant capex expected only after reaching ₹75-100 crores revenue.
- Aggressively targeting domestic and global markets, including expansion into LNG and green hydrogen product capabilities.
- Anticipate repeat and new orders internationally, e.g., large orders in Egypt and Nigeria, and inquiries from Middle East customers.
- Focus on scaling from domestic engineering base to global integrated solutions platform.
2 more points from Cryogenic OGS's call on revenue
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MarginsQ3 FY26 call
FlatSee what Cryogenic OGS said on margins — free account, 30 seconds.
CapexQ3 FY26 call
Planned- The company is slowly building a new facility, anticipating a need for capex within two years.
- The new facility development has begun step by step, with early preparations already underway.
- Current capacity utilization is about 35-40%; significant capex for a new facility is expected after reaching 75 to 100 crores revenue.
- Past capex done in FY17, FY20, and FY21 improved gross margins; further expansion is planned for 2-3 years down the line.
- The management expects scope to improve gross margins through higher value addition, new product certifications, and international market expansion.
2 more points from Cryogenic OGS's call on capex
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FundraisingQ3 FY26 call
See what Cryogenic OGS said on fundraising — free account, 30 seconds.
Order bookQ3 FY26 call
Rising- Current order book/post sales: Approximately ₹22 to ₹25 crore.
- Bids submitted: Around ₹65 crore as of the date.
- Expectation for the second half of FY26: Similar growth to the first half.
- Significant ongoing projects: 143 truck loading skids for Egypt and a metering skid project for Honeywell Nigeria.
- Visibility on future orders: Expecting good orders of similar size in the first half of FY27 and throughout FY27.
2 more points from Cryogenic OGS's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Manufacturing companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹1,207 Cr | 111.0 | |
| 2 | 40%+ | Up 0–2% | ₹549 Cr | 33.8 | |
| 3 | 40%+ | Flat | ₹7,172 Cr | 83.8 | |
| 4 | 40%+ | Flat | ₹3,732 Cr | 81.2 | |
| 5 | 40%+ | Flat | ₹2,580 Cr | 61.2 | |
| 6 | 40%+ | Flat | ₹743 Cr | 43.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Manufacturing rankingCryogenic OGS announcements
All announcements →Financials of Cryogenic OGS
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Cryogenic OGS
Quarterly Results
Quarter-by-quarter operating performance
Financials of Cryogenic OGS
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 23 | 22 | 24 | 33 | 41 |
| Expenses + | 19 | 16 | 18 | 25 | 29 |
| Operating Profit | 4 | 6 | 6 | 8 | 11 |
| OPM % | 19% | 26% | 26% | 24% | 28% |
| Other Income + | 1 | 1 | 1 | 1 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 5 | 7 | 8 | 13 |
| Tax % | 26% | 26% | 25% | 26% | 25% |
| Net Profit + | 3 | 4 | 5 | 6 | 10 |
| EPS in Rs | 65.60 | 81.60 | 107.00 | 5.83 | 7.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Cryogenic OGS
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 10 | 14 |
| Reserves | 13 | 17 | 22 | 18 | 40 |
| Borrowings + | 2 | 0 | 0 | 0 | 8 |
| Other Liabilities + | 7 | 6 | 5 | 5 | 4 |
| Total Liabilities | 22 | 24 | 28 | 34 | 67 |
| Fixed Assets + | 8 | 7 | 7 | 7 | 16 |
| CWIP | 0 | 0 | 0 | 0 | 2 |
| Investments | 1 | 1 | 2 | 2 | 2 |
| Other Assets + | 14 | 15 | 19 | 25 | 47 |
| Total Assets | 22 | 24 | 28 | 34 | 67 |
Financials of Cryogenic OGS
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 2 | 2 | 2 | 8 |
| Cash from Investing Activity + | -1 | -0 | -1 | -1 | -21 |
| Cash from Financing Activity + | -1 | -2 | -0 | -0 | 15 |
| Net Cash Flow | 1 | 0 | 0 | 1 | 3 |
| Free Cash Flow | 1 | 1 | 2 | 2 | 6 |
| CFO/OP | 88% | 53% | 52% | 53% | 101% |
Financials of Cryogenic OGS
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 41 | 85 | 80 | 73 | 43 |
| Inventory Days | 59 | 58 | 106 | 112 | 138 |
| Days Payable | 161 | 162 | 116 | 57 | 44 |
| Cash Conversion Cycle | -60 | -19 | 71 | 128 | 138 |
| Working Capital Days | -51 | 15 | 62 | 95 | 91 |
| ROCE % | 33% | 34% | 32% | 27% |
Momentum score · price trend
90 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +75.0% | 91% |
| Last 6 months | +50.7% | 89% |
| Last 3 months | +23.2% | 89% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Cryogenic OGS: 0.4 × 91 + 0.4 × 89 + 0.2 × 89 = 90.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Cryogenic OGS's management said in earlier quarters
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