Gulf Oil Lubricants FY26 revenue rises 12.29%, declares ₹30 dividend

Gulf Oil Lubricants India Limited reported its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved record quarterly volumes, revenue, and EBITDA, with consolidated revenue crossing ₹4,000 crore for FY26. The board recommended a final dividend of ₹30 per equity share, taking the total dividend for the financial year to ₹51 per share.

Q4 and Annual Financial Performance

For the quarter ended March 31, 2026, standalone revenue from operations grew 13.68% year-on-year to ₹1,040.24 crore. EBITDA increased 8.52% to ₹135.08 crore, with an EBITDA margin of 12.99%. On a consolidated basis, revenue stood at ₹1,055.26 crore, up 10.76%, while EBITDA rose 6.04% to ₹136.52 crore. For the full year FY26, standalone revenue reached ₹3,991.31 crore, a growth of 12.29%, and consolidated revenue stood at ₹4,056.04 crore, growing 11.70%.

The following table summarises the key standalone financial metrics for the quarter and year:

Metric:	Q4 FY26	Q4 FY25	FY26	FY25
Net Profit (Standalone):	₹90.02 crore	₹91.62 crore	₹350.92 crore	₹362.25 crore
Revenue from Operations:	₹1,040.24 crore	₹915.08 crore	₹3,991.31 crore	₹3,554.36 crore
EBITDA:	₹135.08 crore	₹124.47 crore	₹510.38 crore	₹470.07 crore

Dividend Declaration

The board recommended a final dividend of ₹30 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. This is in addition to the interim dividend of ₹21 per share declared and paid in February 2026. The total dividend for the year amounts to ₹51 per share, representing 2,550% on the face value of ₹2 per share.

Operational and Strategic Highlights

The company reported that lubricants volume for Q4 FY26 grew 14% year-on-year, outperforming industry growth by over 3x. Growth was broad-based across segments, including Passenger Car Motor Oils, Commercial Vehicle Oils, and the Agri segment. The B2B Industrial segment also delivered high double-digit growth. The company's EV subsidiary, Tirex, crossed ₹100 crore in revenue during FY26.

Profit Before Tax (PBT) for FY26 was impacted by incremental estimated obligations of ₹22.64 crore for standalone financials due to new labour codes effective November 21, 2025. The statutory auditors, M/s S R B C & Co. LLP, issued an unmodified report on the results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.91%	+9.86%	+4.91%	-16.51%	-18.88%	+42.06%

Gulf Oil Lubricants India Limited has announced the introduction of a Special Window for the re-lodgement of transfer requests of physical shares, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The company published formal notices in Business Standard (English) and Sakal (Marathi) on May 11, 2026, informing shareholders of this facility. The filing was made under Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the announcement was signed by Company Secretary and Compliance Officer Ashish Pandey on behalf of the Board.

Key Details of the Special Window

The Special Window is available for a period of one year and is specifically designed to assist shareholders whose earlier transfer requests were not processed successfully. The following table summarises the key parameters of the facility:

Parameter:	Details
Window Period:	February 5, 2026 to February 4, 2027
Applicable Transfer Deeds:	Lodged prior to April 1, 2019
Reason for Eligibility:	Rejected/returned/not attended due to deficiency in documents/process/otherwise
Mode of Credit:	Demat mode only
Lock-in Period:	One year from the date of registration of transfer
Exclusions:	Disputed shares and shares transferred to IEPF

Eligibility Matrix

The company has outlined specific eligibility criteria for shareholders wishing to avail of this window. The applicability is governed by the following matrix, subject to conditions stated in the SEBI Circular:

Lodged for Transfer Before April 1, 2019:	Availability of Original Share Certificate:	Eligibility for Current Special Window:
No, it is a fresh lodgement	Yes	Yes
Yes, but rejected/returned/not attended due to deficiency	Yes	Yes
Yes, was lodged	No	No
No, was not lodged	No	No

How Eligible Shareholders Can Apply

Eligible shareholders who missed the earlier deadline of January 6, 2026 are encouraged to furnish the necessary documents to the company's Registrar and Share Transfer Agent. The relevant contact details are as follows:

Registrar & Share Transfer Agent: KFintech Technologies Limited, Unit: Gulf Oil Lubricants India Limited
Address: Selenium Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad – 500 032, Telangana
Toll-Free No.: 1800-309-4001
WhatsApp Number: (91) 910 009 4099
Email: einward.ris@kfintech.com
Company Website: https://india.gulfoilltd.com/investors/investor-information

The notice and related newspaper advertisements are also available on the company's website at https://india.gulfoilltd.com/investors/investor-information/newspaper-advertisements . Shareholders are advised to refer to the SEBI Circular for complete terms and conditions governing the Special Window.