Gulf Oil Lubricants India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 25.3%)
- ✓Efficient capital deployment (ROCE 26.8%)
- ✓Attractively valued vs sector (P/E 13.1x vs industry 37.6x)
- ✓Low debt relative to equity (D/E 0.3x)
- ✓Regular dividends — yield 5%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,431 | ₹18.0L Cr | 22.2 | 2.14 | 9.25 | 10.5 | 0.44 |
| ONGC Oil & Natural Gas Corporation Limited | ₹300 | ₹3.6L Cr | 9.43 | 1.03 | 10.6 | 12 | 0.48 |
| COALINDIA Coal India Limited | ₹481 | ₹2.8L Cr | 9.41 | 2.82 | 38.9 | 48 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹142 | ₹2.0L Cr | 5.67 | 1.02 | 6.51 | 7.36 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹300 | ₹1.3L Cr | 5.35 | 1.38 | 17.3 | 16.2 | 0.56 |
| GAIL GAIL (India) Limited | ₹163 | ₹1.1L Cr | 12.7 | 1.22 | 13.1 | 14 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹375 | ₹79K Cr | 5.16 | 1.4 | 13.8 | 10.5 | 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
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
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 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Revenue | ₹3.6K Cr ▲10.0% | ₹3.3K Cr ▲10.1% | ₹3.0K Cr ▲36.8% | ₹2.2K Cr |
| Expenses | ₹3.2K Cr ▲9.7% | ₹2.9K Cr ▲8.4% | ₹2.7K Cr ▲39.3% | ₹1.9K Cr |
| Op. Profit | ₹472 Cr ▲12.1% | ₹421 Cr ▲22.7% | ₹343 Cr ▲20.4% | ₹285 Cr |
| OPM | 13.0% ▲0.0% | 13.0% ▲18.2% | 11.0% ▼15.4% | 13.0% |
| Other Income | ₹99 Cr ▲45.6% | ₹68 Cr ▲44.7% | ₹47 Cr ▲6.8% | ₹44 Cr |
| Interest | ₹36 Cr ▲38.5% | ₹26 Cr ▼31.6% | ₹38 Cr ▲280.0% | ₹10 Cr |
| Depreciation | ₹56 Cr ▲9.8% | ₹51 Cr ▲27.5% | ₹40 Cr ▲11.1% | ₹36 Cr |
| PBT | ₹479 Cr ▲16.3% | ₹412 Cr ▲31.6% | ₹313 Cr ▲10.2% | ₹284 Cr |
| Tax % | 25.0% ▲0.0% | 25.0% ▼3.8% | 26.0% ▲0.0% | 26.0% |
| Net Profit | ₹357 Cr ▲15.9% | ₹308 Cr ▲32.8% | ₹232 Cr ▲10.0% | ₹211 Cr |
| EPS (₹) | 72.99 ▲16.5% | 62.63 ▲32.2% | 47.39 ▲13.2% | 41.85 |
| Div Payout | 66.0% ▲15.8% | 57.0% ▲7.5% | 53.0% ▲341.7% | 12.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | 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 |
| Reserves | ₹1.6K Cr ▲12.9% | ₹1.5K Cr ▲13.0% | ₹1.3K Cr ▲9.9% | ₹1.2K Cr ▲13.2% | ₹1.0K Cr |
| Borrowings | ₹507 Cr ▲8.6% | ₹467 Cr ▲27.9% | ₹365 Cr ▼2.1% | ₹373 Cr ▼4.4% | ₹390 Cr |
| Other Liabilities | ₹759 Cr ▼8.4% | ₹829 Cr ▲10.7% | ₹749 Cr ▲44.0% | ₹520 Cr ▲30.3% | ₹399 Cr |
| Total Liabilities | ₹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 | ₹397 Cr ▲1.8% | ₹390 Cr ▲6.0% | ₹368 Cr ▲32.9% | ₹277 Cr ▲1.5% | ₹273 Cr |
| CWIP | ₹5 Cr ▼73.7% | ₹19 Cr ▲26.7% | ₹15 Cr ▲400.0% | ₹3 Cr ▲0.0% | ₹3 Cr |
| Investments | ₹89 Cr ▲0.0% | ₹89 Cr ▼2.2% | ₹91 Cr ▲3.4% | ₹88 Cr ▲144.4% | ₹36 Cr |
| Other Assets | ₹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 | ₹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 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 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Debtor Days | 50d ▼9.1% | 55d ▲10.0% | 50d ▼10.7% | 56d |
| Inventory Days | 99d ▼6.6% | 106d ▲1.0% | 105d ▼30.9% | 152d |
| Days Payable | 109d ▲2.8% | 106d ▲21.8% | 87d ▲1.2% | 86d |
| Cash Conv. Cycle | 40d ▼27.3% | 55d ▼19.1% | 68d ▼43.8% | 121d |
| Working Capital Days | 2d ▼89.5% | 19d ▼9.5% | 21d ▼22.2% | 27d |
| ROCE | 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 Fuels · Petroleum Products