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NSE:GULFOILLUB

GULF OIL LUB. IND. LTD.

Oil Gas & Consumable Fuels › Petroleum Products
₹1,071.30
at close · 28 Oct 2026
▲ 7.30 (+0.69%)
ThemesElectric Vehicles· growing

Latest filings

  1. Q2 FY27 revenue rises 44%, PAT 34%; EBITDA margin eases to 11.8% · Compliance
  2. Q2 revenue rises 46%, profit 36%; Valsad warehouse fire under review · Results
  3. September quarter revenue up 46%, net profit up 36%; Valsad warehouse fire · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and sells branded lubricants across passenger car motor oil, commercial vehicle oil, agricultural oils, and industrial segments, including projects such as bridges, dams, highways, tunnels, and mining. In FY26, consolidated revenue crossed ₹4,056 crore, with Q4 FY26 standalone revenue at ₹1,040 crore, up 13.7% year-on-year. Lubricants volumes grew 14% year-on-year in Q4 and 10.5% for the full year, with broad-based double-digit growth across PCMO, CVO, agri, OEM franchise workshops, and high double-digit growth in B2B industrial categories. The company also operates an EV-charging subsidiary, Tirex Chargers, which crossed the ₹100 crore revenue milestone in FY26. It is part of the Hinduja Group and reports over 50 OEM tie-ups and more than 1,000 B2B clients. Materials account for 52.7% of revenue, the single largest cost line, reflecting exposure to base oil and additive prices linked to crude oil. EBITDA margins compressed by 44-61 basis points in FY26 due to elevated crude oil prices and rupee weakness, while net profit declined about 3.5% after a ₹22.64 crore incremental charge for new labour codes.

Operating scale
Lubricants volume growth
14% YoY in Q4 FY26; 10.5% for full year FY26Q4 FY26 / FY26
B2B client base
1,000+ B2B clientsFY26
OEM tie-ups
50+ OEM tie-upsFY26
Tirex Chargers (EV subsidiary) revenue
Crossed ₹100 croreFY26
Q4 standalone revenue
₹1,040 crore (up 13.7% YoY)Q4 FY26
Who pays it
Passenger car owners, commercial vehicle operators, agricultural customers, OEMs, franchise workshops, and B2B industrial users
Biggest cost
Base oils and additives (materials at 52.7% of revenue), prices linked to crude oil
Kind of business
Branded lubricants manufacturer and marketer with growing B2B industrial and EV charging exposure
Where it sits
Hinduja Group company in India's lubricants industry, serving OEMs and B2B industrial customers
Market Cap
₹5,305 Cr
P / E (TTM)
14.1×
EV / EBITDA
7.4×
Div Yield
4.55%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
30.7%▲
ROCE (5y median)
ROE 21.8% (5y median) · margin 14.5%
Leverage
0.32·
Debt / Equity · low
Net cash ₹622 Cr
Revenue FY22→FY26
1.9×▲
Margin −1.1 pts
₹2,192 Cr → ₹4,056 Cr
Cash conversion
0.92×·
Operating cash ÷ profit · 5 yrs
₹1,336 Cr on ₹1,454 Cr
Moves on a normal day
0.99%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 19 Petroleum Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#13/20
P/B#14/18
ROCE#4/19
ROE#6/17
Debt / Equity#10/18
EBITDA margin#8/17
Revenue growth#6/14
Profit growth#10/15

Scorecard

Measured from the filed financials, judged against its Petroleum Products peers · as of FY26 — not investment advice

Strengths
Returns on capital 30.7% (5-year median)
#4 of 19 in Petroleum Products on the latest reported figures · up from 27.2% in FY22
Pays out 70% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GULF OIL LUB. IND. LTD.'s filed financials and exchange disclosures

What does GULF OIL LUB. IND. LTD. do?

GULF OIL LUB. IND. LTD. is a Petroleum Products company listed on NSE and BSE, trading under the symbol GULFOILLUB.

Is GULF OIL LUB. IND. LTD. profitable?

Yes. Over the trailing twelve months GULF OIL LUB. IND. LTD. reported a net profit of ₹371 Cr on revenue of ₹4,367 Cr.

Does GULF OIL LUB. IND. LTD. pay a dividend?

Yes. The dividend yield is 4.55% at the current price. It paid out 70% of its profit as dividend in FY26.

Is GULF OIL LUB. IND. LTD. debt-free?

On a net basis, yes. It reported borrowings of ₹514 Cr on its 31 Mar 2026 balance sheet, but holds ₹622 Cr more cash than debt.

Is GULF OIL LUB. IND. LTD. expensive compared with its peers?

On trailing P/E, GULF OIL LUB. IND. LTD. ranks 13 of 20 in Petroleum Products — cheaper than 37% of them, against an industry median of 9.8×. This is a position, not a valuation judgement.

How much does the GULF OIL LUB. IND. LTD. share price move in a day?

On a typical session GULF OIL LUB. IND. LTD. moves 0.99% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GULF OIL LUB. IND. LTD.'s announcements?

Every NSE and BSE filing by GULF OIL LUB. IND. LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.