The article presents performance analysis of the neuro swarm optimization algorithm applied for the detection of proportion of the component gases found in manhole gas mixture. The hybrid neuro swarm optimization technique is used for implementing an intelligent sensory system for the detection of component gases present in manhole gas mixture. The manhole gas mixture typically contains toxic gases such as Hydrogen Sulfide, Ammonia, Methane, Carbon Dioxide, Nitrogen Oxide, and Carbon Monoxide. A semiconductor based gas sensor array used for sensing the gas components consists of many sensor elements, where each sensor element is responsible for sensing particular gas component. Presence of multiple gas sensors for detecting multiple gases results in cross-sensitivity. The central theme of this article is the performance analysis of the algorithm which offers solution to multiple gas detection issue. The article also presents study on the computational cost incurred by the algorithm.