Gandhar Oil Refinery

Gandhar Oil Refinery

144.42
-0.61
(-0.42%)
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Key Fundamentals
Add Ratio
Market Cap
1,413.58 Cr
EPS
8.18
PE Ratio
14.39
Dividend Yield
0.35 %
52 Week High
244.40
52 Week Low
128.48
PB Ratio
1.10
Debt to Equity
0.24
Forecast For
Actual

Company News

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positive
Gandhar Oil Refinery Reports No Material Deviation in IPO Proceeds Utilization for Q2 FY20263 days ago
Gandhar Oil Refinery (India) Limited submitted its monitoring agency report for Q2 FY2026, showing no material deviation from the objects of its IPO issue. ICRA Limited, the monitoring agency, confirmed that the utilization of issuance proceeds is in line with the stated objectives. The company's IPO was conducted in November 2023 with an issue size of INR 500.692 crore, generating actual net proceeds of INR 281.141 crore, which was higher than the estimated INR 263.103 crore due to lower issue-related expenses. The proceeds were allocated across four main objects: investment in Texol through loan (INR 22.713 crore), capital expenditure for automotive oil capacity expansion at Silvassa Plant (INR 27.729 crore), working capital requirements (INR 191.129 crore), and general corporate purposes (INR 39.570 crore). As of September 30, 2025, INR 281.125 crore has been utilized with only INR 0.016 crore remaining unutilized. The company operates in the lubricants sector and is promoted by Ramesh Babulal Parekh, Aslesh Rameshkumar Parekh, and Samir Ramesh Parekh.
positive
Gandhar Oil Refinery Reports Strong Q2 Results, Discontinues Subsidiary Merger, Approves Voluntary Liquidation4 days ago
Gandhar Oil Refinery (India) Limited announced quarterly results for the period ended September 30, 2025, showing revenue from operations of Rs. 8,072.66 million and net profit of Rs. 322.20 million. The company discontinued its previously approved scheme of amalgamation with wholly-owned subsidiary Gandhar Shipping & Logistics Private Limited due to current business and operational considerations. The Board approved voluntary liquidation of Gandhar Shipping & Logistics Private Limited under the Insolvency and Bankruptcy Code, 2016. The subsidiary is not a material subsidiary and its liquidation will not affect business operations or have material impact on consolidated financials. On a consolidated basis, the company reported revenue of Rs. 10,545.40 million and net profit of Rs. 397.75 million for the quarter. The company had previously raised Rs. 3,020 million through fresh equity issue, with utilization details provided for various corporate purposes including subsidiary investment, capital expenditure, and working capital requirements.
positive
Gandhar Oil Refinery Releases Q2 FY2025-26 Investor Presentation4 days ago
Gandhar Oil Refinery (India) Limited has released its investor presentation for the quarter and half-year ended September 30, 2025. The company reported quarterly revenue of INR 10,599 million for Q2 FY26, up from INR 9,351 million in Q2 FY25. Profit after tax increased to INR 398 million from INR 181 million year-over-year. For the half-year period, revenue reached INR 19,629 million with profit after tax of INR 659 million. The company positions itself as one of India's largest manufacturers of white oils and a top five player globally, with overseas operations contributing 40.21% of consolidated revenue. Personal care, healthcare and performance oils (PHPO) remains the largest business division, contributing 47.27% of revenues from finished goods sold. The company operates three manufacturing facilities in Taloja, Silvassa, and Sharjah with a total capacity of 218,256 kL.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
193.32
#1 19,121.71
19.51
#1 4,281.58
5.73
#1 700
9.84
39.88
1,211.30
5,974.09
16.17
3,729.90
10.70
357
1.08
42.63
1,726.00
3,007.38
16.28
1,988.90
1.95
169
18.21
46.41
391.70
2,685.51
19.46
3,859.70
1.25
113
30.97
43.68
290.00
1,754.31
9.33
2,805.20
18.30
187
20.18
56.58
144.42
#6 1,413.58
#4 14.39
#2 3,909.90
#8 -5.17
#6 84
#1 119.89
61.74
38.38
195.68
#1 7.42
611.90
-6.88
26
3.23
31.82
120.00
155.92
103.84
19.60
#1 136.14
2
0.00
50.88
70.20
76.46
8.39
286.30
8.94
9
7.39
39.88
Growth Rate
Revenue Growth
-5.17 %
Net Income Growth
-49.49 %
Cash Flow Change
121.21 %
ROE
-52.04 %
ROCE
-44.58 %
EBITDA Margin (Avg.)
-31.14 %

Quarterly Financial Results

Quarterly Financials
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
886
1,111
1,114
993
1,072
1,003
1,104
944
1,000
937
1,007
965
906
1,063
Expenses
789
1,005
1,028
940
986
925
1,018
906
935
895
964
928
857
994
EBITDA
97
105
86
53
85
78
87
38
65
42
44
37
49
69
Operating Profit %
11 %
9 %
6 %
5 %
8 %
8 %
8 %
4 %
6 %
4 %
4 %
3 %
5 %
6 %
Depreciation
4
4
4
5
5
5
5
6
6
6
6
7
7
8
Interest
10
8
19
14
13
15
16
14
13
11
11
14
10
10
Profit Before Tax
83
92
63
34
67
58
66
19
46
25
27
17
32
51
Tax
18
21
13
6
13
10
15
7
13
6
7
5
6
11
Net Profit
65
71
49
28
54
48
51
12
33
18
20
12
26
40
EPS in ₹
8.12
7.54
5.42
2.77
5.60
4.92
5.47
1.06
3.40
1.91
1.98
1.19
2.68
3.68

Balance Sheet

Balance Sheet
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,271
1,008
1,101
1,318
1,632
1,940
1,959
Fixed Assets
99
97
88
190
238
361
450
Current Assets
1,162
892
975
1,062
1,255
1,552
1,490
Capital Work in Progress
6
12
22
44
73
9
8
Investments
1
0
7
0
0
0
0
Other Assets
1,166
899
984
1,084
1,321
1,571
1,501
Total Liabilities
1,271
1,008
1,101
1,318
1,632
1,940
1,959
Current Liabilities
881
632
629
693
781
616
512
Non Current Liabilities
5
30
27
64
72
100
158
Total Equity
385
346
445
561
778
1,224
1,289
Reserve & Surplus
369
330
429
525
727
1,153
1,217
Share Capital
16
16
16
16
16
20
20

Cash Flow

Cash Flow
2016
2017
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-17
-10
-11
2
5
47
-13
25
-21
Investing Activities
-10
-8
1
-24
-22
-116
-72
-66
-48
Operating Activities
214
-26
165
70
118
167
88
-69
15
Financing Activities
-221
24
-176
-45
-91
-4
-29
160
13

Share Holding

% Holding
Dec 2022
Sept 2023
Nov 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
87.50 %
64.63 %
64.63 %
64.63 %
64.63 %
64.63 %
64.63 %
64.63 %
65.01 %
65.01 %
65.01 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.53 %
0.18 %
0.02 %
0.62 %
0.18 %
0.24 %
0.17 %
DIIs
0.00 %
11.55 %
11.55 %
5.43 %
3.47 %
2.64 %
1.84 %
1.70 %
1.78 %
1.96 %
2.05 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
16.72 %
16.72 %
21.56 %
26.18 %
27.10 %
27.61 %
26.03 %
25.62 %
25.54 %
25.24 %
Others
12.50 %
7.11 %
7.11 %
8.39 %
5.19 %
5.45 %
5.90 %
7.02 %
7.41 %
7.25 %
7.53 %
No of Share Holders
902
1,22,463
1,22,463
1,82,532
1,80,727
1,72,305
1,67,001
1,53,263
1,50,403
1,45,648
1,41,406

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.5 0.5 0.5
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.35 0.34

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
23 Aug 2024 DIVIDEND Dividend
₹ 0.50 /share
23 Aug 2024 226.70 219.15
05 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
05 Sept 2024 203.67 222.56
06 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2024 220.60 218.25
04 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Feb 2025 170.75 175.35
22 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 May 2025 152.20 164.20
01 Aug 2025 DIVIDEND Dividend
₹ 0.50 /share
01 Aug 2025 164.20 163.63
08 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Aug 2025 162.75 159.60
12 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Aug 2025 164.20 149.70
12 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2025 133.53 135.27

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome2 days ago
Announcement under Regulation 30 (LODR)-Monitoring Agency Report3 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication3 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release4 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation4 days ago
Approval For Voluntary Liquidation Of Gandhar Shipping And Logistics Private Limited Wholly- Owned Subsidiary Of The Company.4 days ago
Announcement under Regulation 30 (LODR)-Scheme of Arrangement4 days ago
Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended September 30 20254 days ago
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Wednesday November 12 20254 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation4 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation6 days ago
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (The Listing Regulations) As Amended (The Listing Regulations)Nov 05, 2025
Intimation For Termination Of Joint Venture AgreementOct 17, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 10, 2025
Closure of Trading WindowSep 26, 2025
Intimation About The Approval For Termination Of Agreement And Closure Of The JV Company Namely Texol Oils FZC.Sep 23, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E.Tuesday September 23 2025Sep 23, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 15, 2025
Intimation For Non-Applicability Of Re-Lodgement Of Transfer Requests Of Physical Shares.Aug 28, 2025
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 19, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 13, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 12, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 09, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 08, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 08, 2025
Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2025.Aug 08, 2025
Board Meeting Outcome for Consideration And Approval Of Financial Results For Quarter Ended June 30 2025.Aug 08, 2025
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (The Listing Regulations) As Amended (The Listing Regulations)Aug 02, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 30, 2025
Intimation Regarding Inauguration Of Dialysis Centre By Gandhar Foundation Wholly Owned Subsidiary Of Gandhar Oil Refinery (India) Limited (The Company)Jul 21, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 18, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 17, 2025
Reg. 34 (1) Annual Report.Jul 17, 2025
Intimation Of Date Of The 33Rd Annual General Meeting (AGM) Along With The NoticeJul 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 15, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Closure of Trading WindowJun 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 02, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 27, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 23, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 22, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 22, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateMay 22, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 22, 2025
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sMay 22, 2025
Record Date For The Purpose Of Dividend Is August 01 2025May 22, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
HDFC Multi Cap Fund Direct - Growth
0.09%
-208094
-0.03%
-0.04%

Technical Indicators

RSI(14)
Neutral
61.74
ATR(14)
Volatile
4.46
STOCH(9,6)
Neutral
53.21
STOCH RSI(14)
Overbought
94.46
MACD(12,26)
Bullish
1.72
ADX(14)
Weak Trend
21.33
UO(9)
Bearish
52.37
ROC(12)
Uptrend And Accelerating
6.70
WillR(14)
Neutral
-37.62