Gulf Oil Lubricants India Ltd
- Market Cap ₹ 5,483 Cr.
- Current Price ₹ 1,108
- High / Low ₹ 1,256 / 864
- Stock P/E 12.8
- Book Value ₹ 337
- Dividend Yield 4.60 %
- ROCE 27.2 %
- ROE 24.1 %
- Face Value ₹ 2.00
Pros
- Stock is providing a good dividend yield of 4.59%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 64.9%
Cons
- Promoter holding has decreased over last 3 years: -5.14%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Petroleum Products Lubricants
Part of BSE Energy BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 967 | 1,011 | 1,087 | 1,332 | 1,706 | 1,644 | 1,652 | 2,192 | 2,999 | 3,284 | 3,554 | 3,991 | 4,738 | |
| Sales growth | +5% | +7% | +23% | +28% | -4% | +0% | +33% | +37% | +10% | +8% | +12% | +26% | |
| 838 | 852 | 909 | 1,097 | 1,423 | 1,357 | 1,387 | 1,906 | 2,656 | 2,865 | 3,084 | 3,481 | 4,140 | |
| Operating Profit | 129 | 159 | 178 | 236 | 283 | 287 | 265 | 286 | 343 | 419 | 470 | 510 | 598 |
| OPM % | 13% | 16% | 16% | 18% | 17% | 17% | 16% | 13% | 11% | 13% | 13% | 13% | 13% |
| 9 | 18 | 20 | 26 | 29 | 35 | 52 | 44 | 47 | 66 | 96 | 74 | 80 | |
| Interest | 18 | 18 | 10 | 9 | 15 | 25 | 15 | 10 | 38 | 26 | 35 | 54 | 58 |
| Depreciation | 5 | 6 | 7 | 10 | 22 | 33 | 34 | 36 | 40 | 47 | 46 | 59 | 67 |
| Profit before tax | 116 | 153 | 181 | 243 | 275 | 265 | 269 | 284 | 313 | 413 | 486 | 471 | 554 |
| Tax % | 33% | 35% | 35% | 35% | 35% | 23% | 26% | 26% | 26% | 25% | 25% | 26% | |
| 77 | 100 | 118 | 159 | 178 | 203 | 200 | 211 | 232 | 308 | 362 | 351 | 412 | |
| EPS in Rs | 15.62 | 20.24 | 23.69 | 31.90 | 35.70 | 40.42 | 39.77 | 41.86 | 47.39 | 62.66 | 73.47 | 71.04 | 83.25 |
| Dividend Payout % | 35% | 35% | 36% | 33% | 32% | 35% | 40% | 12% | 53% | 57% | 65% | 72% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 19% |
| 3 Years: | 10% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 13% |
| 3 Years: | 16% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 13% |
| 3 Years: | 22% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 23% |
| 3 Years: | 25% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 177 | 239 | 344 | 457 | 577 | 751 | 859 | 1,033 | 1,169 | 1,285 | 1,454 | 1,551 | 1,659 |
| 215 | 195 | 178 | 248 | 283 | 376 | 211 | 390 | 373 | 358 | 455 | 511 | 778 | |
| 162 | 205 | 206 | 313 | 273 | 309 | 365 | 399 | 520 | 652 | 724 | 832 | 1,118 | |
| Total Liabilities | 565 | 649 | 738 | 1,029 | 1,142 | 1,447 | 1,446 | 1,831 | 2,072 | 2,304 | 2,643 | 2,904 | 3,565 |
| 89 | 107 | 118 | 260 | 270 | 280 | 254 | 273 | 277 | 250 | 275 | 286 | 325 | |
| CWIP | 8 | 2 | 29 | 6 | 1 | 1 | 4 | 3 | 3 | 9 | 14 | 16 | 8 |
| Investments | 3 | 3 | 4 | 4 | 5 | 5 | 20 | 36 | 88 | 193 | 191 | 192 | 192 |
| 464 | 537 | 587 | 759 | 867 | 1,161 | 1,168 | 1,519 | 1,703 | 1,851 | 2,163 | 2,410 | 3,040 | |
| Total Assets | 565 | 649 | 738 | 1,029 | 1,142 | 1,447 | 1,446 | 1,831 | 2,072 | 2,304 | 2,643 | 2,904 | 3,565 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 131 | 118 | 134 | 110 | 17 | 237 | 194 | -24 | 273 | 348 | 423 | 363 | |
| 1 | -3 | -10 | -51 | -22 | 17 | 30 | -17 | 30 | -58 | 49 | 18 | |
| 20 | -79 | -59 | 9 | -29 | 5 | -277 | 98 | -202 | -238 | -153 | -268 | |
| Net Cash Flow | 152 | 36 | 65 | 68 | -34 | 259 | -54 | 57 | 102 | 52 | 320 | 113 |
| Free Cash Flow | 96 | 100 | 92 | 3 | -32 | 219 | 185 | -48 | 250 | 327 | 389 | 323 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 128% | 105% | 110% | 77% | 38% | 112% | 94% | 18% | 107% | 107% | 117% | 96% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 38 | 37 | 37 | 32 | 42 | 42 | 56 | 50 | 54 | 48 | 47 |
| Inventory Days | 97 | 117 | 103 | 140 | 149 | 163 | 175 | 152 | 105 | 104 | 95 | 98 |
| Days Payable | 66 | 97 | 91 | 132 | 86 | 129 | 134 | 86 | 87 | 106 | 109 | 115 |
| Cash Conversion Cycle | 74 | 58 | 48 | 45 | 95 | 76 | 82 | 121 | 68 | 52 | 34 | 30 |
| Working Capital Days | -36 | -36 | -30 | -34 | 2 | -17 | 18 | 27 | 21 | 16 | -3 | -5 |
| ROCE % | 67% | 40% | 39% | 40% | 37% | 29% | 25% | 23% | 23% | 27% | 28% | 27% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Retail Touchpoints count |
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| Auto Distributors count |
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| AdBlue Sales Volume KL |
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| Core Lubricant Sales Volume KL |
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| Lubricants Installed Manufacturing Capacity KL per annum |
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| OEM Customers (Tie-ups) count |
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| Tirex Transmission (EV Subsidiary) Revenue INR Crore |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- We enclose herewith the transcript of the Earnings Conference Call held on October 30, 2026 with Investors in connection with the Unaudited Financial Results (Standalone …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Gulf Oil marks 125 years, targets 70% capacity rise to 240 million litres by March 2027.
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Rumour verification - Regulation 30(11)
- Company denies negotiations on global acquisitions; says price movement was market-driven.
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Clarification Sought From Gulf Oil Lubricants India Ltd
- 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, ....
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of Q2 and H1 FY2026 earnings conference call uploaded on October 30, 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Concalls
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Nov 2026Transcript REC
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Aug 2026Transcript PPT REC
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Jun 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript
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Jun 2024PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript REC
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Oct 2023Transcript
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Aug 2023Transcript
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May 2023Transcript
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Feb 2023Transcript PPT
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Nov 2022Transcript
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Sep 2022PPT
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Aug 2022Transcript
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May 2022Transcript
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Feb 2022Transcript
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Nov 2021Transcript
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Aug 2021Transcript
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Jun 2021Transcript
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Sep 2018Transcript
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Jun 2018Transcript PPT
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Feb 2018Transcript
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Nov 2017Transcript
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Jul 2017Transcript
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May 2017Transcript
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Feb 2017Transcript
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Oct 2016Transcript
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Sep 2016Transcript PPT
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May 2016Transcript
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Feb 2016Transcript
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Nov 2015Transcript
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Aug 2015Transcript
Product Portfolio:[1]
The company makes, markets, and trades automotive and industrial lubricants, greases, AdBlue®, specialty fluids, and two-wheeler batteries. It ranks No. 2 among private-sector players in India on brand, volume, bazaar, distribution, and pricing; No. 2 in AdBlue®; and No. 4 in batteries.[2]