Gulf Oil Lubricants
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Gulf Oil Lubricants

1,176.10
-11.70
(-0.99%)
Market Cap
₹5,800.48 Cr
PE Ratio
15.75
Volume
23,800.00
Day High - Low
₹1,200.00 - ₹1,170.10
52W High-Low
₹1,331.90 - ₹911.00
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Key Fundamentals
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Market Cap
5,800.48 Cr
EPS
73.09
PB Ratio
3.53
Book Value
334.30
EBITDA
571.00
Dividend Yield
4.07 %
Sector
Lubricants
ROE Growth %
-
Debt to Equity
0.30
Analyst Rating and Forecast
- By Refinitiv from4 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
positive
Gulf Oil Lubricants India delivered 12.6% revenue growth to Rs 956.78 crores in Q2 FY26 with EBITDA growing 10.6% to Rs 118.46 crores, driven by strong performance across B2C automotive and B2B industrial segments. The Board approved increasing stake in EV charger subsidiary Tirex by 14% to 65%, which recorded 75% revenue growth in H1 FY26, while the company was recognized as one of India's Best Managed Companies 2025 by Deloitte India.
positive
Gulf Oil Lubricants Increases Stake in Subsidiary Tirex Transmission to 65.18%Nov 14, 2025
Gulf Oil Lubricants India Limited acquired an additional 14.18% stake in its subsidiary Tirex Transmission Private Limited for ₹38.09 crores, purchasing 11,71,929 equity shares at ₹325 per share from existing shareholders. The acquisition increases Gulf Oil's ownership in Tirex to 65.18%, totaling 53,86,584 equity shares, strengthening its control over the subsidiary.
positive
Gulf Oil Lubricants Reports 9.5% Volume Growth in Q2, Plans to Increase Tirex Stake to 65%Nov 12, 2025
Gulf Oil Lubricants India Limited reported 9.5% volume growth in lubricants for the second quarter, reaching 40,500 KL, with AdBlue volumes growing 24% to 36,000 KL. The company achieved 12.6% revenue growth for the first half and 10.56% EBITDA growth for the quarter. However, rupee depreciation of 3.5% during the quarter impacted gross margins and resulted in Rs. 6 crore mark-to-market forex losses in finance costs. The Board approved increasing the stake in EV charger subsidiary Tirex from 51% to 65% with an investment of Rs. 38 crore. Tirex recorded 75% growth with revenues of Rs. 42 crore in H1 versus Rs. 24 crore last year. The company maintains its EBITDA margin guidance of 12-14% and expects to continue growing at 2-3 times the market rate. Most key segments including passenger car motor oils, motorcycle oils, OEM franchise workshops, and agriculture showed double-digit growth.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
191.27
#1 18,918.94
19.32
#1 4,281.58
-21.49
#1 700
9.84
43.14
1,176.10
#2 5,800.48
#6 15.75
#4 3,729.90
#3 10.70
#2 357
#8 1.08
41.14
1,643.50
2,863.63
15.63
1,988.90
1.95
169
18.21
35.35
377.00
2,584.73
18.58
3,859.70
1.25
113
30.97
44.15
295.15
1,785.47
9.84
2,805.20
18.30
187
20.18
55.08
130.78
1,280.07
13.67
3,909.90
-5.17
84
#1 119.89
37.60
37.71
192.26
#1 7.02
611.90
-6.88
26
14.58
42.05
123.40
143.19
90.52
19.60
#1 136.14
2
0.00
57.03
74.50
81.15
8.87
286.30
8.94
9
7.39
51.54

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
10.70 %
Net Income Growth
16.04 %
Cash Flow Change
15.77 %
ROE
3.55 %
ROCE
5.14 %
EBITDA Margin (Avg.)
5.44 %

Quarterly Financial Results

Quarterly Financials
Mar 2022
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
651
716
729
795
806
826
819
835
889
912
888
955
976
1,039
992
Expenses
550
622
639
691
705
719
702
707
752
781
757
798
824
889
849
EBITDA
101
94
90
104
101
107
118
128
137
132
131
157
152
150
143
Operating Profit %
14 %
12 %
11 %
12 %
11 %
11 %
13 %
14 %
13 %
13 %
12 %
13 %
14 %
13 %
12 %
Depreciation
9
9
10
10
11
11
11
13
16
13
13
13
16
16
16
Interest
5
11
10
10
7
4
7
8
6
5
7
15
10
6
14
Profit Before Tax
86
74
70
84
84
92
99
107
115
114
111
129
125
128
113
Tax
23
19
18
22
22
24
25
27
28
30
29
32
32
33
29
Net Profit
63
55
52
63
62
68
74
79
87
84
83
97
93
95
84
EPS in ₹
12.57
11.18
10.67
12.78
12.67
13.88
15.00
16.19
17.69
17.49
17.01
19.89
18.70
19.45
17.35

Balance Sheet

Balance Sheet
2022
2023
2024
2025
Total Assets
1,831
2,072
2,409
2,758
Fixed Assets
273
278
368
390
Current Assets
1,486
1,669
1,909
2,232
Capital Work in Progress
3
3
15
19
Investments
36
88
91
89
Other Assets
1,519
1,703
1,936
2,260
Total Liabilities
1,831
2,072
2,409
2,758
Current Liabilities
750
845
982
1,162
Non Current Liabilities
39
48
60
65
Total Equity
1,043
1,178
1,367
1,531
Reserve & Surplus
1,033
1,169
1,285
1,452
Share Capital
10
10
10
10

Cash Flow

Cash Flow
2022
2023
2024
2025
Net Cash Flow
57
102
53
323
Investing Activities
-17
30
-51
77
Operating Activities
-24
273
341
395
Financing Activities
98
-202
-238
-150

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Apr 2022
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
Promoter
71.99 %
71.97 %
71.82 %
71.82 %
71.82 %
72.03 %
72.02 %
72.02 %
72.02 %
72.02 %
72.00 %
71.94 %
71.94 %
71.80 %
71.76 %
67.22 %
67.14 %
67.14 %
67.14 %
67.11 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
4.42 %
0.00 %
7.08 %
5.65 %
7.07 %
7.29 %
7.51 %
8.48 %
9.53 %
DIIs
6.21 %
5.51 %
5.19 %
5.04 %
5.04 %
5.05 %
6.25 %
6.98 %
7.03 %
7.02 %
6.41 %
5.76 %
3.84 %
5.02 %
5.88 %
9.55 %
9.59 %
9.53 %
7.84 %
7.45 %
Government
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
0.31 %
0.31 %
0.31 %
0.31 %
0.31 %
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
0.30 %
Public / Retail
7.90 %
9.57 %
11.05 %
13.26 %
14.14 %
14.32 %
14.49 %
13.77 %
13.81 %
13.65 %
13.79 %
13.83 %
14.52 %
12.40 %
13.07 %
13.26 %
12.89 %
12.66 %
13.24 %
12.59 %
Others
13.59 %
12.66 %
11.65 %
9.58 %
8.70 %
8.30 %
6.95 %
6.93 %
6.84 %
7.01 %
7.49 %
3.75 %
9.41 %
3.40 %
3.35 %
2.59 %
2.79 %
2.86 %
3.00 %
3.02 %
No of Share Holders
0
50,830
60,115
66,846
59,547
82,342
68,210
67,494
64,726
60,186
59,100
58,012
60,822
57,928
70,211
74,113
74,675
85,503
93,151
82,277

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 8.5 10.5 11.5 14 16 5 25 36 48
Dividend Yield (%) 0.00 0.93 1.25 2.23 1.94 3.79 1.24 2.67 3.14 4.04

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
17 Feb 2021 DIVIDEND Dividend
₹ 7.00 /share
16 Feb 2021 690.00 749.20
10 Sept 2021 DIVIDEND Dividend
₹ 9.00 /share
08 Sept 2021 706.55 612.45
10 Sept 2022 DIVIDEND Dividend
₹ 5.00 /share
08 Sept 2022 409.35 468.05
25 Aug 2023 DIVIDEND Dividend
₹ 25.00 /share
25 Aug 2023 418.05 626.50
13 Feb 2024 DIVIDEND Dividend
₹ 16.00 /share
13 Feb 2024 885.55 855.00
05 Sept 2024 DIVIDEND Dividend
₹ 20.00 /share
05 Sept 2024 926.05 1,436.85
12 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Sept 2024 1,140.35 1,335.80
06 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2024 1,153.25 1,191.70
06 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Feb 2025 1,058.95 1,068.50
14 Feb 2025 DIVIDEND Dividend
₹ 20.00 /share
14 Feb 2025 1,068.50 1,135.95
21 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
21 May 2025 1,226.55 1,219.40
13 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Aug 2025 1,171.80 1,160.20
19 Sept 2025 DIVIDEND Dividend
₹ 28.00 /share
19 Sept 2025 1,219.40 1,296.95
30 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
30 Sept 2025 1,174.30 1,225.30
05 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 Nov 2025 1,222.30 1,264.30

Announcements

Announcement under Regulation 30 (LODR)-Investor Presentation10 days ago
Announcement under Regulation 30 (LODR)-Updates on AcquisitionNov 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 14, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 06, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 06, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 05, 2025
Announcement under Regulation 30 (LODR)-AcquisitionNov 05, 2025
Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025Nov 05, 2025
Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025Nov 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 28, 2025
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Second Quarter And Half Year Ended September 30 2025 Subject To Limited Review By The Statutory Auditors.Oct 27, 2025
Intimation Of Environment Social And Governance (ESG) Rating By Crisil ESG Ratings & Analytics Limited (Crisil)Oct 18, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 17, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 08, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportOct 01, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 30, 2025
Closure of Trading WindowSep 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 06, 2025
Notice Of 17Th Annual General MeetingSep 05, 2025
Reg. 34 (1) Annual Report.Sep 05, 2025
Business Responsibility and Sustainability Reporting (BRSR)Sep 05, 2025
Communication To Shareholders Holding Physical Shares - Non-Submission Of KYCSep 03, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 18, 2025
Investor Presentation On Quarterly Financial Results - June 30 2025.Aug 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 13, 2025
Intimation For Annual General MeetingAug 13, 2025
Record Date For Final Dividend FY2024-25Aug 13, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 13, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 13, 2025
Financial Results For The Quarter Ended June 30 2025Aug 13, 2025
Board Meeting Outcome for For Unaudited Financial Results For The Quarter Ended June 30 2025.Aug 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 08, 2025
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) Of The Company For The First Quarter Ended June 30 2025 Subject To Limited Review By The Statutory Auditors.Aug 04, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJul 31, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 22, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 11, 2025
Closure of Trading WindowJun 30, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJun 04, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 22, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 22, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 21, 2025
Intimation For Fresh Grant Of Employee Stock Options Under Gulf Oil Lubricants India Limited- Employees Stock Option Scheme 2015May 21, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
ICICI Prudential Smallcap Fund Direct Plan-Growth
0.55%
164548
0.24%
0.42%
ITI Small Cap Fund Direct-Growth
0.00%
-127622
-0.58%
-1.22%
Baroda BNP Paribas Dividend Yield Fund Direct-Growth
1.02%
-36196
-0.46%
-0.59%
ICICI Prudential Energy Opportunities Fund Direct-Growth
0.33%
32210
0.04%
0.03%
ICICI Prudential MNC Fund Direct - Growth
1.05%
31485
0.22%
0.27%
HDFC Multi Cap Fund Direct - Growth
0.47%
19285
0.00%
0.04%
ICICI Prudential Children's Fund Direct-Growth
1.18%
1400
0.01%
1.07%
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth
0.25%
594
0.00%
-0.02%
Groww Nifty Total Market Index Fund Direct - Growth
0.01%
2
0.00%
0.00%
Angel One Nifty Total Market Index Fund Direct - Growth
0.01%
1
0.00%
0.00%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.01%
-1
0.00%
0.00%
JM Small Cap Fund Direct - Growth
0.00%
0
0.00%
0.00%
JM Value Fund Direct Plan-Growth
0.00%
0
0.00%
0.00%
ITI Flexi Cap Fund Direct - Growth
0.00%
0
0.00%
0.00%
Bandhan Small Cap Fund Direct-Growth
0.14%
0
-0.01%
-0.02%
ITI Value Fund Direct - Growth
0.00%
0
0.00%
0.00%
JM ELSS Tax Saver Fund Direct Plan-Growth
0.00%
0
0.00%
0.00%
JM Flexicap Fund Direct Plan-Growth
0.00%
0
0.00%
0.00%
JM Midcap Fund Direct - Growth
0.00%
0
0.00%
0.00%
Baroda BNP Paribas Manufacturing Fund Direct - Growth
0.00%
0
0.00%
0.00%
Baroda BNP Paribas Energy Opportunities Fund Direct-Growth
1.47%
0
0.00%
-0.07%
Kotak Energy Opportunities Fund Direct - Growth
1.53%
0
-0.06%
0.03%
Mirae Asset Nifty Total Market Index Fund Direct-Growth
0.01%
0
0.00%
0.00%
Baroda BNP Paribas Small Cap Fund Direct - Growth
1.21%
0
0.00%
-0.04%
Motilal Oswal Quant Fund Direct-Growth
0.00%
0
0.00%
0.00%

Technical Indicators

RSI(14)
Neutral
44.30
ATR(14)
Less Volatile
26.91
STOCH(9,6)
Neutral
22.59
STOCH RSI(14)
Neutral
39.17
MACD(12,26)
Bearish
-3.30
ADX(14)
Weak Trend
15.27
UO(9)
Bearish
44.90
ROC(12)
Downtrend And Accelerating
-2.58
WillR(14)
Neutral
-64.43