GP Petroleums FY26 PAT rises to Rs 26.5 crore

2 min read     Updated on 31 May 2026, 08:19 AM
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Shriram SScanX News Team
AI Summary

GP Petroleums Limited reported a marginal increase in Profit After Tax (PAT) to Rs 26.50 crore for the financial year ended March 31, 2026, compared to Rs 26.30 crore in the previous year. For the quarter ended March 31, 2026, PAT rose 8% to Rs 9.3 crore from Rs 8.6 crore in the corresponding period of the previous year. The annual performance was impacted by a wage provision of Rs 3.25 crore, recognized as an exceptional item due to the new Labour Codes. The audited standalone and consolidated financial results were approved by the Board of Directors on May 27, 2026, and subsequently published in the Financial Express and Mumbai Lakshadeep on May 28, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Revenue from Operations for the full year grew 5% to Rs 643 crore from Rs 610 crore in FY25. However, quarterly revenue declined to Rs 163 crore from Rs 183 crore in Q4FY25. M/s. J Mandal & Co. LLP, Statutory Auditors, issued an unmodified opinion on the results. The Board approved the re-appointment of M/s. PNG & Co., Chartered Accountants, as Internal Auditors and M/s. Dilip M. Bathija, Cost Accountants, as Cost Auditors for FY26-27. Mr. Ashish Garg was appointed as Senior Management Personnel effective May 27, 2026. Mr. Dilip U Vaswani was elevated to Additional Non-Executive Director, and Mr. Sukumaran Jeyakrishnan was appointed as Additional Non-Executive Independent Director for two years. Mrs. Deepa Goel resigned as Non-Executive Director effective May 27, 2026. A company spokesperson attributed the resilience in performance to strengthened market positions in lubricant and process oil categories, supported by customer relationships and operational efficiencies. The company continues to identify opportunities in industrial lubricants, process oils, and premium automotive lubricants. However, management warned that geopolitical developments towards the end of Q4FY26 have introduced uncertainty, leading to sharp increases in crude-linked raw material costs and currency weakness, which may pose short-to-medium-term challenges.

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GP Petroleums Limited reported a marginal increase in Profit After Tax (PAT) to Rs 26.50 crore for the financial year ended March 31, 2026, compared to Rs 26.30 crore in the previous year. For the quarter ended March 31, 2026, PAT rose 8% to Rs 9.3 crore from Rs 8.6 crore in the corresponding period of the previous year. The annual performance was impacted by a wage provision of Rs 3.25 crore, recognized as an exceptional item due to the new Labour Codes. The audited standalone and consolidated financial results were approved by the Board of Directors on May 27, 2026, and subsequently published in the Financial Express and Mumbai Lakshadeep on May 28, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Revenue from Operations for the full year grew 5% to Rs 643 crore from Rs 610 crore in FY25. However, quarterly revenue declined to Rs 163 crore from Rs 183 crore in Q4FY25. M/s. J Mandal & Co. LLP, Statutory Auditors, issued an unmodified opinion on the results.

Financial Performance Summary

The following table outlines the key financial metrics for Q4FY26 and FY26 compared to the prior year periods:

Metric Q4FY26 Q4FY25 FY26 FY25
Revenue from Operations (Rs crore) 163 183 643 610
EBITDA (Rs crore) 14.7 13.2 44.7 42.0
EBITDA Margin (%) 9 7 - -
PAT (Rs crore) 9.3 8.6 26.50 26.30

Board Decisions and Appointments

The Board approved the re-appointment of M/s. PNG & Co., Chartered Accountants, as Internal Auditors and M/s. Dilip M. Bathija, Cost Accountants, as Cost Auditors for FY26-27. Mr. Ashish Garg was appointed as Senior Management Personnel effective May 27, 2026. Mr. Dilip U Vaswani was elevated to Additional Non-Executive Director, and Mr. Sukumaran Jeyakrishnan was appointed as Additional Non-Executive Independent Director for two years. Mrs. Deepa Goel resigned as Non-Executive Director effective May 27, 2026.

Operational Outlook

A company spokesperson attributed the resilience in performance to strengthened market positions in lubricant and process oil categories, supported by customer relationships and operational efficiencies. The company continues to identify opportunities in industrial lubricants, process oils, and premium automotive lubricants. However, management warned that geopolitical developments towards the end of Q4FY26 have introduced uncertainty, leading to sharp increases in crude-linked raw material costs and currency weakness, which may pose short-to-medium-term challenges.

Historical Stock Returns for GP Petroleums

1 Day5 Days1 Month6 Months1 Year5 Years
+0.73%+4.71%+13.25%+15.29%-16.33%-44.35%

How does the company plan to mitigate the impact of rising crude-linked raw material costs and currency weakness in the coming quarters?

What specific growth strategies are being implemented to capitalize on the identified opportunities in industrial and premium automotive lubricants?

Will the wage provision related to the new Labour Codes recur in FY27, or is it expected to be a one-time exceptional item?

GP Petroleums initiates second dividend claim campaign

1 min read     Updated on 22 May 2026, 08:17 AM
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GP Petroleums Limited is conducting the second phase of the Saksham Niveshak – 100 Days Campaign from April 01, 2026 to July 09, 2026, to assist shareholders in claiming unpaid and unclaimed dividends. Following a previous drive in late 2025, the company has notified shareholders to update KYC details, including PAN and bank information, with MUFG Intime India Private Limited. Required forms such as ISR-1 and SH-13 must be submitted to the RTA or Depository Participants to ensure dividends are credited electronically before transfer to IEPF.

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GP Petroleums Limited has initiated the second phase of the Saksham Niveshak – 100 Days Campaign to assist shareholders in claiming unpaid and unclaimed dividends. Scheduled from April 01, 2026 to July 09, 2026, this initiative follows an earlier communication from the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs (MCA). The company had previously organized a similar drive from July 28, 2025 to November 06, 2025 and has already sent individual communications to affected shareholders via registered post and email on April 29, 2026.

The primary objective of the campaign is to create awareness among shareholders regarding the necessity of updating their KYC details. This ensures that unpaid dividends are claimed before the corresponding amounts and shares are transferred to the Investor Education and Protection Fund (IEPF) in accordance with applicable regulations. Shareholders are required to update specific details with the company or its Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, to receive dividends through electronic mode.

Required Updates

Shareholders must ensure the following details are current to facilitate the credit of dividend amounts to their bank accounts:

  • PAN
  • Nomination details
  • Postal address
  • Mobile number and e-mail ID
  • Bank account details
  • Specimen signature

Documentation Process

To process their claims, shareholders need to submit physical copies of prescribed forms along with necessary documents. The required documentation varies based on the specific request, such as updating KYC, registering a nomination, or opting out of one.

Form Purpose Requirements
ISR-1 KYC Update Duly filled, signed, and self-attested KYC documents
ISR-2 Bank Details Duly filled, signed, banker’s attestation, and cancelled cheque or passbook copy
SH-13 Nomination Registration For registration of nomination
ISR-3 Opt out of Nomination In case shareholder wishes to opt out of nomination
ISR-4 Service Requests Request for issue of Duplicate Certificate and other services

Submission Details

Shareholders holding shares in physical form should submit their documents to the RTA. Those holding shares in electronic form must contact their respective Depository Participants to update details and claim dividends. The forms are available for download on the company’s official website.

Historical Stock Returns for GP Petroleums

1 Day5 Days1 Month6 Months1 Year5 Years
+0.73%+4.71%+13.25%+15.29%-16.33%-44.35%

How much total unclaimed dividend value is at risk of being transferred to the IEPF if shareholders fail to complete KYC updates before the July 09, 2026 deadline?

Could GP Petroleums' proactive shareholder outreach campaign influence SEBI or MCA to mandate similar compliance drives across all listed companies?

What percentage of affected shareholders successfully claimed their unpaid dividends during the first phase of the campaign, and how does this benchmark compare to industry averages?

More News on GP Petroleums

1 Year Returns:-16.33%