Gandhar Oil Refinery (India) Ltd

Gandhar Oil Ref. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Gandhar Oil Refinery (India) Ltd

₹ 175 0.63%
11 Jun - close price
gandharoil.com BSE: 544029 NSE: GANDHAR
About

Incorporated in 1992, Gandhar Oil Limited is a prominent manufacturer of white oils that caters to the consumer and healthcare end industries.[1]

Key Points

Market Leader in White Oils[1]
The company is one of India’s largest manufacturers of white oils and one of the top 5 players globally. It has 26.5% market share in India in white oil and 9.6% market share globally in white oil.

Website BSE NSE
  • Market Cap ₹ 1,716 Cr.
  • Current Price ₹ 175
  • High / Low ₹ 253 / 128
  • Stock P/E 22.8
  • Book Value ₹ 120
  • Dividend Yield 0.29 %
  • ROCE 11.4 %
  • ROE 6.59 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 5.96% over past five years.
  • Company has a low return on equity of 13.6% over last 3 years.
  • Dividend payout has been low at 4.33% of profits over last 3 years
  • Company's cost of borrowing seems high

* 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 SmallCap BSE Allcap BSE Energy

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
794 647 698 690 737 717 790 761 857 752
741 619 638 637 666 701 739 727 823 725
Operating Profit 53 28 60 53 71 17 51 35 34 26
OPM % 7% 4% 9% 8% 10% 2% 6% 5% 4% 4%
17 7 4 2 2 9 5 3 3 4
Interest 16 9 9 11 11 8 9 8 7 9
Depreciation 3 3 4 4 4 4 5 5 5 7
Profit before tax 52 23 51 41 58 13 42 25 24 15
Tax % 25% 27% 25% 25% 25% 54% 32% 26% 27% 28%
39 16 39 30 44 6 29 18 18 11
EPS in Rs 4.82 2.05 4.82 3.81 4.46 0.62 2.96 1.87 1.79 1.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,363 3,027 2,366 1,984 2,925 2,921 2,842 3,160
2,242 2,966 2,304 1,873 2,696 2,668 2,641 3,015
Operating Profit 121 61 62 111 229 253 201 146
OPM % 5% 2% 3% 6% 8% 9% 7% 5%
6 20 16 7 66 25 17 15
Interest 44 44 47 35 24 39 39 33
Depreciation 9 7 11 12 12 13 15 22
Profit before tax 74 29 21 71 258 227 164 105
Tax % 33% 25% 13% 28% 24% 25% 27% 29%
50 22 18 51 197 170 119 75
EPS in Rs 31.14 13.79 11.14 32.08 24.58 21.19 12.13 7.69
Dividend Payout % 6% 0% 40% 3% 0% 2% 4% 6%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: 3%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: 34%
3 Years: -27%
TTM: -37%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -15%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 14%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 16 16 16 16 16 16 20 20
Reserves 304 306 316 367 518 688 1,093 1,154
283 86 118 79 43 35 64 90
616 713 503 546 515 432 376 325
Total Liabilities 1,219 1,121 953 1,008 1,092 1,171 1,552 1,588
100 98 114 105 101 126 244 333
CWIP 0 5 12 22 43 73 8 8
Investments 8 7 2 2 2 2 2 3
1,111 1,011 824 879 945 970 1,298 1,244
Total Assets 1,219 1,121 953 1,008 1,092 1,171 1,552 1,588

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
190 153 22 102 117 52 -83 -6
-6 20 3 -6 27 -40 -29 -43
-187 -175 -25 -91 -115 -48 163 36
Net Cash Flow -3 -1 0 5 30 -36 50 -12

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 82 62 64 87 52 58 68 63
Inventory Days 51 34 32 43 37 41 43 45
Days Payable 100 91 82 110 68 56 49 37
Cash Conversion Cycle 33 5 15 20 22 43 62 71
Working Capital Days 47 23 35 41 34 54 81 88
ROCE % 18% 16% 23% 53% 40% 21% 11%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
64.63% 64.63% 64.63% 64.63% 64.63% 64.63% 65.01%
3.87% 2.53% 0.53% 0.18% 0.02% 0.62% 0.18%
10.72% 6.61% 3.47% 2.65% 1.84% 1.70% 1.79%
20.79% 26.24% 31.37% 32.56% 33.52% 33.05% 33.03%
No. of Shareholders 1,22,4631,82,5321,80,7271,72,3051,67,0011,53,2631,50,403

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls