GP Petroleums FY26 PAT rises to Rs 26.5 crore
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































