Gulf Oil Lubricants India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 24.3%)
- Efficient capital deployment (ROCE 26.2%)
- Attractively valued vs sector (P/E 14.7x vs industry 25.5x)
- Low debt relative to equity (D/E 0.4x)
- Regular dividends — yield 4.4%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,311 | ₹17.7L Cr | 23.7 | 1.96 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹238 | ₹3.0L Cr | 6.8 | 0.8 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹400 | ₹2.5L Cr | 8.04 | 2.07 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹136 | ₹2.0L Cr | 5.85 | 0.88 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹307 | ₹1.4L Cr | 8.94 | 1.33 | 28.8 | 25.6 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 11.6 | 1.28 | 8.71 | 9.67 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹366 | ₹79K Cr | 47.6 | 1.19 | 30.9 | 22.2 | 1.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GULFOILLUB · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 71.94% | 71.80% | 71.76% | 67.22% | 67.14% | 67.14% |
| FII | 4.98% | 7.08% | 5.65% | 7.07% | 7.29% | 7.52% |
| DII | 4.03% | 5.02% | 5.87% | 9.55% | 9.59% | 9.53% |
| Public | 18.78% | 15.80% | 16.42% | 15.85% | 15.67% | 15.51% |
| Govt | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
Corporate Events
The meeting of the Board of Directors of the Company is scheduled on May 27, 2026 ,inter-alia, to consider and approve Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2026 and proposal of Final
Interim Dividend - Rs 21 Per Share
Dividend - Rs 28 Per Share
Interim Dividend - Rs 20 Per Share
Dividend - Rs 20 Per Share
Interim Dividend - Rs 16 Per Share
Dividend - Rs 25 Per Share
Latest News
All newsGulf Oil reports Q1 FY27 earnings; call transcript released
*Gulf Oil reports Q1 FY27 earnings; call transcript released.* The company shared the transcript of its earnings conference call held on August 4, 2026, discussing standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The update provides insights from management on performance and outlook. No new financial figures were disclosed beyond the prior filing. 📊 *STOCKS:* $GULFOILLUB | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Gulf Oil reports Q1 standalone and consolidated results
*Gulf Oil reports Q1 standalone and consolidated results*. Gulf Oil Lubricants India has published its unaudited financial results for the first quarter ended June 30, 2026. The results were disclosed via newspaper publications in Business Standard, The Economic Times, and Maharashtra Times. Detailed financial performance including **revenue** and **profit** figures will be available in the full filing. 📊 *STOCKS:* $GULFOILLUB | 🏢 *SECTOR:* Oil & Gas | #MEDIUMIMPACT #Earnings
Gulf Oil reports Q4 and FY26 audited results
*Gulf Oil reports Q4 and FY26 audited results*. Gulf Oil Lubricants India has released its standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results are part of an investor presentation filed with the exchange. Full details on revenue, profit, and guidance are included in the filing. 📊 *STOCKS:* GULFOILLUB | 🏢 *SECTOR:* FMCG | #MEDIUMIMPACT #Earnings
Gulf Oil files Business Responsibility and Sustainability Report
*Gulf Oil files Business Responsibility and Sustainability Report* for FY 2025-26 as part of its corporate disclosures. This routine filing outlines the company’s ESG initiatives and governance practices. No financial or operational updates were included. 📊 *STOCKS:* $GULFOILLUB | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Sustainability
Gulf Oil to hold investor meet on Aug 13, 2026
*Gulf Oil to hold investor meet on Aug 13, 2026.* The company has scheduled a meet with analysts and institutional investors to discuss business updates. No financial figures or strategic announcements were disclosed. This is a routine engagement for investor communication. 📊 *STOCKS:* $GULFOILLUB | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Gulf Oil Lubricants India issues press release with no specific details
*Gulf Oil Lubricants India issues press release with no specific details*. The company filed a press release on the NSE, stating it is self-explanatory, but disclosed no concrete updates. No financial figures, strategic moves, or operational changes were highlighted. 📊 *STOCKS:* GULFOILLUB | 🏢 *SECTOR:* Corporate | #LOWIMPACT #PressRelease
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.0K Cr 5.3% | ₹967 Cr 4.8% | ₹1.0K Cr 6.6% | ₹953 Cr 3.6% | ₹920 Cr 6.5% | ₹864 Cr 3.4% | ₹894 Cr 2.8% | ₹870 Cr |
| Op. Profit | ₹132 Cr 12.8% | ₹117 Cr 7.9% | ₹127 Cr 1.6% | ₹129 Cr 4.9% | ₹123 Cr 15.0% | ₹107 Cr 5.3% | ₹113 Cr 3.4% | ₹117 Cr |
| OPM | 13.0% 8.3% | 12.0% 7.7% | 13.0% 7.1% | 14.0% 7.7% | 13.0% 8.3% | 12.0% 7.7% | 13.0% 0.0% | 13.0% |
| Net Profit | ₹76 Cr 9.5% | ₹84 Cr 11.6% | ₹95 Cr 2.2% | ₹93 Cr 4.1% | ₹97 Cr 16.9% | ₹83 Cr 1.2% | ₹84 Cr 3.4% | ₹87 Cr |
| EPS (₹) | 15.5 10.7% | 17.35 10.8% | 19.45 4.0% | 18.7 5.8% | 19.86 16.8% | 17 2.8% | 17.49 0.3% | 17.54 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue | ₹4.1K Cr 11.7% | ₹3.6K Cr 10.0% | ₹3.3K Cr 10.1% | ₹3.0K Cr 36.8% | ₹2.2K Cr |
| Expenses | ₹3.5K Cr 12.1% | ₹3.2K Cr 9.7% | ₹2.9K Cr 8.4% | ₹2.7K Cr 39.3% | ₹1.9K Cr |
| Op. Profit | ₹514 Cr 8.9% | ₹472 Cr 12.1% | ₹421 Cr 22.7% | ₹343 Cr 20.4% | ₹285 Cr |
| OPM | 13.0% 0.0% | 13.0% 0.0% | 13.0% 18.2% | 11.0% 15.4% | 13.0% |
| Other Income | ₹75 Cr 24.2% | ₹99 Cr 45.6% | ₹68 Cr 44.7% | ₹47 Cr 6.8% | ₹44 Cr |
| Interest | ₹56 Cr 55.6% | ₹36 Cr 38.5% | ₹26 Cr 31.6% | ₹38 Cr 280.0% | ₹10 Cr |
| Depreciation | ₹69 Cr 23.2% | ₹56 Cr 9.8% | ₹51 Cr 27.5% | ₹40 Cr 11.1% | ₹36 Cr |
| PBT | ₹463 Cr 3.3% | ₹479 Cr 16.3% | ₹412 Cr 31.6% | ₹313 Cr 10.2% | ₹284 Cr |
| Tax % | 26.0% 4.0% | 25.0% 0.0% | 25.0% 3.8% | 26.0% 0.0% | 26.0% |
| Net Profit | ₹345 Cr 3.4% | ₹357 Cr 15.9% | ₹308 Cr 32.8% | ₹232 Cr 10.0% | ₹211 Cr |
| EPS (₹) | 70.37 3.6% | 72.99 16.5% | 62.63 32.2% | 47.39 13.2% | 41.85 |
| Div Payout | 0.0% 100.0% | 66.0% 15.8% | 57.0% 7.5% | 53.0% 341.7% | 12.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Liabilities | ||||||
| Equity Capital | ₹10 Cr 0.0% | ₹10 Cr 0.0% | ₹10 Cr 0.0% | ₹10 Cr 0.0% | ₹10 Cr 0.0% | ₹10 Cr |
| Reserves | ₹1.5K Cr 6.9% | ₹1.6K Cr 12.9% | ₹1.5K Cr 13.0% | ₹1.3K Cr 9.9% | ₹1.2K Cr 13.2% | ₹1.0K Cr |
| Borrowings | ₹567 Cr 11.8% | ₹507 Cr 8.6% | ₹467 Cr 27.9% | ₹365 Cr 2.1% | ₹373 Cr 4.4% | ₹390 Cr |
| Other Liabilities | ₹912 Cr 20.2% | ₹759 Cr 8.4% | ₹829 Cr 10.7% | ₹749 Cr 44.0% | ₹520 Cr 30.3% | ₹399 Cr |
| Total Liabilities | ₹3.0K Cr 3.4% | ₹2.9K Cr 5.7% | ₹2.8K Cr 14.5% | ₹2.4K Cr 16.2% | ₹2.1K Cr 13.2% | ₹1.8K Cr |
Assets | ||||||
| Fixed Assets | ₹441 Cr 11.1% | ₹397 Cr 1.8% | ₹390 Cr 6.0% | ₹368 Cr 32.9% | ₹277 Cr 1.5% | ₹273 Cr |
| CWIP | ₹7 Cr 40.0% | ₹5 Cr 73.7% | ₹19 Cr 26.7% | ₹15 Cr 400.0% | ₹3 Cr 0.0% | ₹3 Cr |
| Investments | ₹51 Cr 42.7% | ₹89 Cr 0.0% | ₹89 Cr 2.2% | ₹91 Cr 3.4% | ₹88 Cr 144.4% | ₹36 Cr |
| Other Assets | ₹2.5K Cr 3.8% | ₹2.4K Cr 7.3% | ₹2.3K Cr 16.8% | ₹1.9K Cr 13.6% | ₹1.7K Cr 12.1% | ₹1.5K Cr |
| Total Assets | ₹3.0K Cr 3.4% | ₹2.9K Cr 5.7% | ₹2.8K Cr 14.5% | ₹2.4K Cr 16.2% | ₹2.1K Cr 13.2% | ₹1.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Operating CF | — | ₹395 Cr 15.8% | ₹341 Cr 24.9% | ₹273 Cr 1237.5% | ₹-24 Cr |
| Investing CF | — | ₹77 Cr 251.0% | ₹-51 Cr 270.0% | ₹30 Cr 276.5% | ₹-17 Cr |
| Financing CF | — | ₹-150 Cr 37.0% | ₹-238 Cr 17.8% | ₹-202 Cr 306.1% | ₹98 Cr |
| Net Cash Flow | — | ₹323 Cr 509.4% | ₹53 Cr 48.0% | ₹102 Cr 78.9% | ₹57 Cr |
| Free Cash Flow | — | ₹355 Cr 12.7% | ₹315 Cr 26.0% | ₹250 Cr 620.8% | ₹-48 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Debtor Days | 48d 4.0% | 50d 9.1% | 55d 10.0% | 50d 10.7% | 56d |
| Inventory Days | 93d 6.1% | 99d 6.6% | 106d 1.0% | 105d 30.9% | 152d |
| Days Payable | 103d 5.5% | 109d 2.8% | 106d 21.8% | 87d 1.2% | 86d |
| Cash Conv. Cycle | 38d 5.0% | 40d 27.3% | 55d 19.1% | 68d 43.8% | 121d |
| Working Capital Days | -2d 200.0% | 2d 89.5% | 19d 9.5% | 21d 22.2% | 27d |
| ROCE | 26.0% 3.7% | 27.0% 3.8% | 26.0% 13.0% | 23.0% | — |
Source: Screener.in · Lower days = better efficiency
About Gulf Oil Lubricants India Limited
Gulf Oil Lubricants Ltd is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants.[1] It is among the top three lubricant companies in India among private players.[2]
Oil, Gas & Consumable FuelsPetroleum Products