Gulf Oil Lubricants India Limited

BSE: GULFOILLUB538567ISIN INE635Q01029

Energy
Lubricants
BSE 1000

Share price

₹1,085.50-0.45 (-0.04%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,289.00
52W low: ₹864.50
Off 52W high: -15.79%
1M return: +1.46%
3M return: -7.71%
6M return: +7.32%
1Y return: -14.22%
20D avg volume: 22,713
50 DMA: ₹1,084.53
200 DMA: ₹1,040.78

Key ratios Consolidated

Market cap: ₹5,379 Cr
Current price: ₹1,085.50
52W high / low: ₹1,289.00 / ₹864.50
Face value: ₹2.00
P/E: 13.41
P/B: 3.28
EPS (TTM): ₹80.94
Book value / share: ₹330.71
ROE: —
ROCE: 30.90%
Operating margin: —
Net margin: —
Debt / equity: 0.32
Net debt: ₹-621.55 Cr
Interest cover: 9.22
Dividend yield: 4.70%
Dividend / share (TTM): ₹51.00
Payout: 63.01%
Cash conversion cycle: 42.4 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,409	1,327	1,055	1,018	966.77	1,016	952.74	920.40	863.98	894.04	869.63	817.51
	27.28	26.88	25.22	24.35	25.50	22.55	22.77	34.03	23.76	18.18	19.55	17.26
	1,436	1,354	1,080	1,042	992.27	1,039	975.51	954.43	887.74	912.22	889.18	834.77
	1,282	1,189	960.43	916.92	879.16	911.18	850.24	825.72	776.34	798.29	774.25	728.01
	905.55	826.17	572.61	521.32	510.58	533.47	518.29	474.87	449.84	482.00	464.72	439.47
	83.97	63.11	49.95	41.77	49.73	42.05	44.77	46.72	49.65	44.67	38.07	41.89
	59.69	59.93	53.90	54.74	53.90	50.11	47.86	46.68	46.75	42.10	38.12	38.30
	15.48	8.46	22.75	14.14	13.47	6.01	10.13	14.59	6.56	4.67	5.79	8.30
	21.34	19.52	18.90	17.78	16.32	16.15	16.17	13.26	13.15	13.20	16.11	12.64
	283.45	321.53	251.55	253.26	240.35	253.92	228.81	223.65	210.71	210.47	201.70	198.75
	153.98	164.71	120.06	124.99	113.12	127.82	125.26	128.71	111.40	113.93	114.93	106.76
	0.00	0.00	0.00	-22.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	153.98	164.71	120.06	102.20	113.12	127.82	125.26	128.71	111.40	113.93	114.93	106.76
	39.39	43.85	30.50	25.97	29.27	32.61	32.41	31.74	28.47	29.46	28.06	27.36
	114.52	120.84	89.59	76.13	83.95	95.17	92.80	97.32	82.97	84.30	86.94	79.44
	23.30	24.88	18.17	15.50	17.35	19.45	18.70	19.89	17.01	17.49	17.69	16.19
Key metrics
	190.80	192.69	161.71	134.12	142.91	149.98	151.56	156.56	131.11	131.80	136.83	127.70
	13.50%	14.50%	15.30%	13.20%	14.80%	14.80%	15.90%	17.00%	15.20%	14.70%	15.70%	15.60%
	8.10%	9.10%	8.50%	7.50%	8.70%	9.40%	9.70%	10.60%	9.60%	9.40%	10.00%	9.70%
	9.40%	—	8.50%	—	7.10%	—	8.50%	—	—	—	—	—
	45.70%	30.60%	10.80%	10.60%	11.90%	13.70%	9.60%	12.60%	—	—	—	—
	36.40%	27.00%	-3.50%	-21.80%	1.20%	12.90%	6.70%	22.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,809	4,056	3,631	3,301	2,999	2,192
	103.73	97.62	98.74	68.13	47.12	44.18
	4,912	4,154	3,730	3,369	3,046	2,236
	4,349	3,668	3,251	2,957	2,734	1,951
	2,826	2,138	1,925	1,772	1,557	1,176
	238.80	183.50	185.81	201.75	349.50	180.85
	228.26	212.65	183.40	150.70	135.21	116.78
	60.83	56.38	35.95	25.91	37.64	9.62
	77.54	69.16	55.77	50.74	39.61	35.72
	1,110	999.09	873.64	783.35	—	477.29
	563.74	485.98	479.30	412.48	312.70	284.34
	-22.78	-22.78	0.00	0.00	0.00	0.00
	540.95	463.20	479.30	412.48	312.70	284.34
	139.71	118.35	122.08	104.28	80.40	73.26
	401.08	344.85	357.39	308.02	232.30	211.06
	81.85	70.47	73.09	62.76	47.30	41.89
Key metrics
	679.32	588.74	571.02	489.13	389.95	329.68
	14.13%	14.50%	15.70%	14.80%	13.00%	15.00%
	8.34%	8.50%	9.80%	9.30%	7.70%	9.60%
	—	30.90%	32.30%	—	—	—
	24.69%	11.70%	10.00%	10.10%	36.80%	—
	8.62%	-3.50%	16.00%	32.60%	10.10%	—
	—	298.46	341.88	—	—	—
	—	1.01	1.11	—	—	—
	—	0.32	0.28	—	—	—
	—	-621.55	-604.50	—	—	—
	—	42.4	44.5	—	—	—
Balance sheet
	—	3,015	2,758	—	—	—
	—	2,473	2,232	—	—	—
	—	1,136	1,026	—	—	—
	—	534.76	494.32	—	—	—
	—	594.66	507.49	—	—	—
	—	173.70	171.37	—	—	—
	—	315.12	284.22	—	—	—
	—	658.17	559.17	—	—	—
	—	1,334	1,162	—	—	—
	—	514.34	421.56	—	—	—
	—	489.86	421.56	—	—	—
	—	24.48	0.00	—	—	—
	—	1,584	1,531	—	—	—
Cash flow
	—	349.65	395.25	—	—	—
	—	11.45	77.35	—	—	—
	—	-251.27	-149.77	—	—	—
	—	51.19	53.37	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,379	1,320	1,040	997.92	956.78	996.36	915.08	904.88	849.33	885.07	852.82	817.26
	27.06	26.64	24.81	24.04	25.23	22.21	22.24	33.38	23.25	17.29	18.50	16.64
	1,406	1,347	1,065	1,022	982.01	1,019	937.33	938.26	872.57	902.36	871.32	833.91
	1,250	1,175	944.15	895.59	864.99	888.85	813.89	807.54	759.18	784.16	757.12	725.44
	887.59	818.92	549.34	502.47	493.95	512.82	491.18	462.48	436.68	474.79	460.07	438.88
	87.15	68.10	64.90	50.91	57.94	45.71	46.13	46.90	49.95	44.74	38.18	41.89
	56.63	56.66	50.55	51.14	50.95	47.27	45.23	44.19	44.85	40.71	37.44	37.72
	14.43	7.68	22.70	12.77	12.97	5.53	9.69	14.11	6.29	4.51	5.61	8.19
	18.65	16.88	16.29	15.16	13.70	13.54	13.59	10.75	10.72	10.82	13.73	11.05
	276.35	315.16	245.40	250.47	238.76	252.42	223.24	221.24	207.85	208.95	196.15	198.39
	156.72	172.44	120.91	126.37	1,170	129.72	123.43	130.72	113.39	118.20	114.20	108.47
	0.00	0.00	0.00	-22.64	0.00	0.00	0.00	—	—	—	—	—
	156.72	172.44	120.91	103.73	117.02	129.72	123.43	130.72	113.39	118.20	114.20	108.47
	39.53	44.92	30.89	26.62	29.88	33.06	31.82	32.55	28.95	30.18	28.76	27.73
	117.19	127.53	90.02	77.11	87.13	96.66	91.62	98.17	84.44	88.02	85.43	80.74
	23.65	25.76	18.22	15.64	17.67	19.60	18.58	19.94	17.15	17.90	17.39	16.46
Key metrics
	189.80	197.00	159.90	131.66	143.69	148.79	146.71	155.58	130.40	133.53	133.54	127.71
	13.80%	14.90%	15.40%	13.20%	15.00%	14.90%	16.00%	17.20%	15.40%	15.10%	15.70%	15.60%
	8.50%	9.70%	8.70%	7.70%	9.10%	9.70%	10.00%	10.80%	9.90%	9.90%	10.00%	9.90%
	9.80%	—	8.90%	—	7.70%	—	8.80%	—	—	—	—	—
	44.20%	32.50%	13.70%	10.30%	12.70%	12.60%	7.30%	10.70%	—	—	—	—
	34.50%	31.90%	-1.70%	-21.50%	3.20%	9.80%	7.20%	21.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,738	3,991	3,554	3,284	2,999	2,192
	102.55	96.28	96.16	66.46	47.12	44.18
	4,840	4,088	3,651	3,351	3,046	2,236
	4,264	3,594	3,165	2,937	2,734	1,951
	2,758	2,059	1,865	1,766	1,557	1,176
	271.06	219.46	187.72	201.86	349.50	180.85
	214.98	199.91	174.98	149.43	135.21	116.78
	57.58	53.98	34.60	25.61	37.64	9.62
	66.98	58.68	45.89	46.77	39.61	35.72
	1,087	987.05	861.28	777.44	—	477.29
	576.44	494.01	485.74	413.45	312.70	284.34
	-22.64	-22.64	0.00	—	—	—
	553.80	471.37	485.74	413.45	312.70	284.34
	141.96	120.45	123.49	105.36	80.40	73.26
	411.85	350.92	362.25	308.10	232.30	211.08
	83.27	71.13	73.57	62.79	47.30	41.89
Key metrics
	678.36	584.03	566.23	485.83	389.95	329.68
	14.32%	14.60%	15.90%	14.80%	13.00%	15.00%
	8.69%	8.80%	10.20%	9.40%	7.70%	9.60%
	—	32.60%	34.50%	—	—	—
	25.57%	12.30%	8.20%	9.50%	36.80%	—
	10.24%	-3.10%	17.60%	32.60%	10.10%	—
	—	322.49	376.30	—	—	—
	—	1.03	1.17	—	—	—
	—	0.30	0.28	—	—	—
	—	-673.00	-608.99	—	—	—
	—	38.2	40.6	—	—	—
Balance sheet
	—	2,904	2,643	—	—	—
	—	2,372	2,136	—	—	—
	—	1,135	1,022	—	—	—
	—	512.74	464.70	—	—	—
	—	553.27	477.18	—	—	—
	—	153.15	158.43	—	—	—
	—	279.25	272.61	—	—	—
	—	648.02	546.38	—	—	—
	—	1,291	1,136	—	—	—
	—	462.07	413.39	—	—	—
	—	462.07	413.39	—	—	—
	—	0.00	0.00	—	—	—
	—	1,561	1,464	—	—	—
Cash flow
	—	362.52	423.26	—	—	—
	—	17.77	49.40	—	—	—
	—	-267.60	-152.52	—	—	—
	—	40.03	46.96	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.00%
Sales CAGR 5Y: —
Profit CAGR 3Y: +14.74%
Profit CAGR 5Y: —
Sales YoY (TTM): +25.57%
Profit YoY (TTM): +10.24%

Consolidated

Sales CAGR 3Y: +10.59%
Sales CAGR 5Y: —
Profit CAGR 3Y: +14.08%
Profit CAGR 5Y: —
Sales YoY (TTM): +24.69%
Profit YoY (TTM): +8.62%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 66.80%

Quarter	September 2026	June 2026
Promoter %	66.80%	66.85%

Holder	Type	Holding	Previous	Change
GULF OIL INTERNATIONAL (MAURITIUS) INC	Promoter	66.80%	66.85%	-0.05%
ICICI PRUDENTIAL SMALLCAP FUND	Public	2.90%	3.18%	-0.28%
UTI-MNC FUND	Public	1.51%	1.19%	+0.32%
THE PRUDENTIAL ASSURANCE COMPANY LIMITED	Public	1.35%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Castrol India Ltd S	19,283	194.95	19.08	—	+16.96% TTM	+3.51% TTM	+0.62%
Gulf Oil Lubricants India Limited	5,379	1,085.50	13.41	30.90%	+24.69% TTM	+8.62% TTM	-14.22%
Savita Oil Technologies Limited	4,633	675.80	7.92	14.30%	+36.62% TTM	+323.33% TTM	+69.99%
Panama Petrochem Ltd.	2,775	458.75	4.15	18.10%	+74.95% TTM	+255.21% TTM	+67.49%
Gandhar Oil Refinery (India) Limited	2,641	269.80	5.70	13.80%	+48.58% TTM	+370.29% TTM	+101.72%
VEEDOL CORPORATION LIMITED	2,470	1,417.65	11.23	19.30%	+12.89% TTM	+21.27% TTM	-19.83%
GP Petroleums Limited S	327	64.13	6.41	10.20%	+43.65% TTM	+87.57% TTM	+59.93%
Greenhitech Ventures Limited	42	32.60	—	1.50%	—	—	-71.84%

Filings & corporate actions

Recent announcements

We are pleased to enclose herewith a Press Release titled - "Gulf Oil Kicks-off celebrations marking 125 years of global brand".3 Nov 2026 · Company Update / Press Release / Media Release
Please find enclosed.2 Nov 2026 · Others
The Exchange has sought clarification from Gulf Oil Lubricants India Ltd on November 2, 2026, with reference to news appeared in https://economictimes.indiatimes.com/ dated November 2, ....2 Nov 2026 · Company Update / Clarification
The Company has conducted its Earnings Conference Call today viz. Friday, October 30, 2026 with several Analysts/ Institutional Investors in connection with the Unaudited Financial Results ....30 Oct 2026 · Company Update / Analyst / Investor Meet
We enclose herewith the Newspaper cuttings of Business Standard (English), The Economic Times (English) and Maharashtra Times (Marathi) wherein the extract of Unaudited Financial Results ....29 Oct 2026 · Company Update / Newspaper Publication
We enclose herewith a Press Release issued by the Company in respect of the Unaudited Financial Results (Standalone and Consolidated) for the second quarter and half year ended September 30, 2026.28 Oct 2026 · Company Update / Press Release / Media Release
The Board of Directors at its meeting held today viz. Wednesday, October 28, 2026, has inter-alia, considered and approved the Unaudited Financial Results (Standalone and Consolidated) ....28 Oct 2026 · Result / Financial Results
Please find enclosed the Unaudited Financial Results (Standalone and Consolidated) of the Company for the second quarter and half year ended September 30, 2026, subjected to Limited Review ....28 Oct 2026 · Board Meeting / Outcome of Board Meeting
We enclose herewith, intimation regarding a fire incident at one of the Company''s Warehouse.27 Oct 2026 · Company Update / Strikes /Lockouts / Disturbances
We hereby inform you that a Physical Meet is scheduled to be held with the Institutional Investors/Analyst Groups on Thursday, October 29, 2026 in Mumbai.26 Oct 2026 · Company Update / Analyst / Investor Meet
We hereby inform you that an Earnings Conference Call is scheduled to be held on Friday, October 30, 2026 in connection with the Unaudited Financial Results (Standalone and Consolidated) ....26 Oct 2026 · Company Update / Analyst / Investor Meet
We hereby inform you that an Earnings Conference Call is scheduled to be held on Friday, October 30, 2026 in connection with the Unaudited Financial Results (Standalone and Consolidated) ....26 Oct 2026 · Company Update / Analyst / Investor Meet
Gulf Oil Lubricants India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve the Unaudited Financial ....21 Oct 2026 · Board Meeting / Board Meeting
We wish to inform you that Crisil ESG Ratings & Analytics Limited ("Crisil") a SEBI registered ESG Rating Provider, has assigned the Company an ESG Rating of 63 with a corresponding Category ....6 Oct 2026 · Company Update / General
We enclose herewith the Certificates received from KFin Technologies Limited, Registrar and Share Transfer Agent (RTA) of the Company under Regulation 74(5) of SEBI (Depositories and Participants) ....5 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We enclose herewith the intimation for closure of trading window for dealing in Company''s securities by the Company''s Designated Persons and their immediate relatives from October 1, ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We hereby inform you that a meet is scheduled to be held on Monday, September 28, 2026 with Analysts/ Institutional Investors.22 Sep 2026 · Company Update / Analyst / Investor Meet
We hereby inform you that a meet is scheduled to be held on Tuesday, September 22, 2026 with Analysts/ Institutional Investors.16 Sep 2026 · Company Update / Analyst / Investor Meet
We hereby inform you that Mr. Ashish Pandey, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the services of the Company, ....16 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
We enclose herewith the Voting Results and Scrutinizer''s Report of the 18th Annual General Meeting of the Company held on September 11, 2026. Kindly take the same on record.12 Sep 2026 · AGM/EGM / AGM
We enclose herewith the Proceedings of the 18th Annual General Meeting held today, viz. Friday, September 11, 2026 through Video Conferencing/ Other Audio Visual Means.11 Sep 2026 · AGM/EGM / AGM
We hereby inform you of cessation of a Senior Management Personnel ("SMP").7 Sep 2026 · Company Update / Change in Management
A Press Release is enclosed which is self-explanatory.1 Sep 2026 · Company Update / Press Release / Media Release
We enclose herewith the Newspaper cuttings of Business Standard (English) and Sakal (Marathi) wherein, inter-alia, the Notice of 18th Annual General Meeting of the shareholders is published.20 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed Business Responsibility & Sustainability Report FY 2025-26.19 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed the Annual Report 2025-26 of the Company.19 Aug 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed the Notice of 18th Annual General Meeting, scheduled to be held on Friday, September 11, 2026 at 3 p.m. (IST) through VC/OAVM.19 Aug 2026 · AGM/EGM / AGM
We enclose herewith the Investor Presentation for the quarter ended June 30, 2026 providing highlights on financial results for the quarter ended June 30, 2026 and business/industry overview.13 Aug 2026 · Company Update / Investor Presentation
We hereby inform you that a meet is scheduled to be held on Thursday, August 13, 2026 with Analysts/ Institutional Investors.10 Aug 2026 · Company Update / Analyst / Investor Meet
We enclose herewith the Transcript of the Earnings Conference Call held on Tuesday, August 4, 2026 with Investors in connection with the Unaudited Financial Results (Standalone and Consolidated) ....10 Aug 2026 · Company Update / Earnings Call Transcript
The Company has conducted its Earnings Conference Call today viz. Tuesday, August 4, 2026 with several Analysts/ Institutional Investors in connection with the Unaudited Financial Results ....4 Aug 2026 · Company Update / Analyst / Investor Meet
We enclose herewith the newspaper cuttings of Business Standard (English), The Economic Times (English) and Maharashtra Times (Marathi) wherein extract of Unaudited Financial Results (Standalone ....4 Aug 2026 · Company Update / Newspaper Publication
Press Release on Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026.3 Aug 2026 · Company Update / Press Release / Media Release
This is to inform that the 18th Annual General Meeting of the Members of the Company shall be held on Friday, September 11, 2026 through Video Conferencing/Other Audio Visual Means.3 Aug 2026 · AGM/EGM / AGM
We wish to inform you that the Board of Directors, at its meeting held today i.e. Monday, August 3, 2026 has fixed the record date for the purpose of final dividend for financial year 2025-26 ....3 Aug 2026 · Corp. Action / Record Date
The Board of Directors, at its meeting held today viz. Monday, August 3, 2026 has, inter-alia considered and approved Unaudited Financial Results (Standalone & Consolidated) for the first ....3 Aug 2026 · Result / Financial Results
We wish to inform you that the Board of Directors of the Company, at its meeting held today viz. Monday, August 3, 2026, has inter-alia considered and approved the Unaudited Financial Results ....3 Aug 2026 · Board Meeting / Outcome of Board Meeting
We hereby inform you that an Earnings Conference Call is scheduled to be held on Tuesday, August 4, 2026 in connection with the Unaudited Financial Results (Standalone and Consolidated) ....28 Jul 2026 · Company Update / Analyst / Investor Meet
Gulf Oil Lubricants India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve the Unaudited Financial ....27 Jul 2026 · Board Meeting / Board Meeting
Please find enclosed herewith intimation for allotment of Equity Shares to Eligible Employees under the ESOP Scheme of the Company.14 Jul 2026 · Company Update / Allotment of ESOP / ESPS

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 30.0000	4 Sep 2026	4 Sep 2026	—
Interim Dividend - Rs. - 21.0000	13 Feb 2026	13 Feb 2026	—
Final Dividend - Rs. - 28.0000	19 Sep 2025	19 Sep 2025	—
Interim Dividend - Rs. - 20.0000	14 Feb 2025	14 Feb 2025	—
Final Dividend - Rs. - 20.0000	5 Sep 2024	5 Sep 2024	—

Board meetings

28 Oct 2026 Board Meeting - Financial Results
3 Aug 2026 Board Meeting - Financial Results