Arabian Petroleum Ltd
Incorporated in 2006, Arabian Petroleum Ltd provides Lubricants, Oils, Greases &
other speciality products[1]
- Market Cap ₹ 73.5 Cr.
- Current Price ₹ 67.5
- High / Low ₹ 93.0 / 63.2
- Stock P/E 6.53
- Book Value ₹ 63.8
- Dividend Yield 0.00 %
- ROCE 18.4 %
- ROE 17.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.06 times its book value
- Company has delivered good profit growth of 31.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 78 | 84 | 110 | 191 | 243 | 262 | 285 | 375 | |
| 75 | 78 | 104 | 182 | 233 | 247 | 269 | 358 | |
| Operating Profit | 3 | 5 | 6 | 8 | 9 | 14 | 16 | 18 |
| OPM % | 4% | 6% | 6% | 4% | 4% | 5% | 6% | 5% |
| 0 | 0 | 0 | 1 | 1 | -0 | 0 | 3 | |
| Interest | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Profit before tax | 2 | 4 | 4 | 6 | 6 | 9 | 12 | 15 |
| Tax % | 28% | 25% | 26% | 29% | 26% | 26% | 25% | 26% |
| 1 | 3 | 3 | 4 | 5 | 7 | 9 | 11 | |
| EPS in Rs | 64.00 | 140.50 | 144.00 | 20.70 | 5.90 | 6.25 | 8.37 | 10.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 16% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 33% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 19% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 8 | 11 | 11 | 11 |
| Reserves | 5 | 8 | 11 | 15 | 14 | 38 | 47 | 59 |
| 13 | 17 | 22 | 29 | 38 | 35 | 28 | 47 | |
| 11 | 11 | 15 | 25 | 16 | 15 | 20 | 42 | |
| Total Liabilities | 32 | 37 | 50 | 71 | 77 | 99 | 107 | 158 |
| 5 | 10 | 10 | 9 | 8 | 13 | 12 | 12 | |
| CWIP | 0 | 0 | 0 | 2 | 5 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 26 | 28 | 41 | 61 | 64 | 86 | 94 | 145 | |
| Total Assets | 32 | 37 | 50 | 71 | 77 | 99 | 107 | 158 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -0 | 3 | -4 | -3 | -2 | -9 | 12 | ||
| -1 | -5 | -2 | -3 | -4 | -1 | -1 | ||
| 1 | 3 | 4 | 6 | 6 | 14 | -10 | ||
| Net Cash Flow | -0 | 1 | -1 | 0 | 0 | 3 | 1 | |
| Free Cash Flow | -1 | -2 | -5 | -6 | -6 | -10 | 12 | |
| CFO/OP | 18% | 76% | -40% | -19% | -5% | -48% | 95% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 75 | 76 | 55 | 51 | 61 | 59 | 60 |
| Inventory Days | 39 | 46 | 66 | 64 | 46 | 54 | 54 | 82 |
| Days Payable | 54 | 51 | 52 | 40 | 23 | 18 | 20 | 40 |
| Cash Conversion Cycle | 67 | 70 | 90 | 79 | 74 | 98 | 93 | 102 |
| Working Capital Days | 12 | 10 | 23 | 15 | 16 | 45 | 53 | 49 |
| ROCE % | 20% | 17% | 19% | 17% | 19% | 19% | 18% |
Insights
In beta| Oct 2019 | Mar 2021 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Installed Capacity KLPA |
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| Capacity Utilization % |
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| Geographical Presence (Countries) Number |
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| Historical Sales Volume KT |
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| Supply Lead Time Days |
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| Metalworking Segment Market Share (India) % |
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| Number of Distributors Number |
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| Number of Products/SKUs Number |
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| Total Lubricant Market Share (India) % |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
28 May 2026 - Board approved audited results for year ended March 31, 2026 and appointed cost accountant and internal auditor.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
16 April 2026 - Arabian Petroleum says corporate governance provisions do not apply for FY2026, as it is listed on NSE Emerge.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 April 2026 - Regulation 74(5) compliance certificate for quarter ended 31 March 2026; no dematerialised shares reported.
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Trading Window
25 March 2026 - Trading window closed from 01-Apr-2026 until 48 hours after FY2025-26 results declaration.
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Awarding of order(s)/contract(s)
21 March 2026 - ONGC awarded rate contract (NOA 20-Mar-2026) for lube oil/grease, ~Rs14.55 crore, 3-year from Apr 2026.
Annual reports
Concalls
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Jan 2026TranscriptPPT
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Dec 2025Transcript PPT
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Jun 2025Transcript PPT
Business Overview:[1][2]
APL is an ISO certified company manufacturing industrial & automotive lubricants under in-house brands Arzol and APL. It is the only Indian company manufacturing the Ceramech Nanotechnology products with a revitalizing effect that ensures anti-wear and restorative properties, increasing efficiency and aiding in fuel saving