Gulf Oil Lubricants India Ltd
- Market Cap ₹ 5,529 Cr.
- Current Price ₹ 1,119
- High / Low ₹ 1,332 / 911
- Stock P/E 14.8
- Book Value ₹ 335
- Dividend Yield 4.30 %
- ROCE 28.3 %
- ROE 25.5 %
- Face Value ₹ 2.00
Pros
- Stock is providing a good dividend yield of 4.36%.
- Company has been maintaining a healthy dividend payout of 58.5%
Cons
- Promoter holding has decreased over last 3 years: -4.91%
* 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 Allcap BSE Energy Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 967 | 1,011 | 1,087 | 1,332 | 1,706 | 1,644 | 1,652 | 2,192 | 2,999 | 3,284 | 3,554 | 3,773 | |
| 0 | 838 | 852 | 909 | 1,097 | 1,423 | 1,357 | 1,387 | 1,906 | 2,656 | 2,865 | 3,084 | 3,281 | |
| Operating Profit | -0 | 129 | 159 | 178 | 236 | 283 | 287 | 265 | 286 | 343 | 419 | 470 | 492 |
| OPM % | 13% | 16% | 16% | 18% | 17% | 17% | 16% | 13% | 11% | 13% | 13% | 13% | |
| -0 | 9 | 18 | 20 | 26 | 29 | 35 | 52 | 44 | 47 | 66 | 96 | 103 | |
| Interest | -0 | 18 | 18 | 10 | 9 | 15 | 25 | 15 | 10 | 38 | 26 | 35 | 42 |
| Depreciation | -0 | 5 | 6 | 7 | 10 | 22 | 33 | 34 | 36 | 40 | 47 | 46 | 52 |
| Profit before tax | -0 | 116 | 153 | 181 | 243 | 275 | 265 | 269 | 284 | 313 | 413 | 486 | 501 |
| Tax % | -0% | 33% | 35% | 35% | 35% | 35% | 23% | 26% | 26% | 26% | 25% | 25% | |
| -0 | 77 | 100 | 118 | 159 | 178 | 203 | 200 | 211 | 232 | 308 | 362 | 374 | |
| EPS in Rs | -2.00 | 15.62 | 20.24 | 23.69 | 31.90 | 35.70 | 40.42 | 39.77 | 41.86 | 47.39 | 62.66 | 73.47 | 75.76 |
| Dividend Payout % | -0% | 35% | 35% | 36% | 33% | 32% | 35% | 40% | 12% | 53% | 57% | 65% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 17% |
| 3 Years: | 17% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 12% |
| 3 Years: | 19% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 37% |
| 1 Year: | 12% |
| Return on Equity | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 24% |
| 3 Years: | 24% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | -0 | 177 | 239 | 344 | 457 | 577 | 751 | 859 | 1,033 | 1,169 | 1,285 | 1,454 | 1,644 |
| -0 | 215 | 195 | 178 | 248 | 283 | 376 | 211 | 390 | 373 | 358 | 455 | 482 | |
| 34 | 162 | 205 | 206 | 313 | 273 | 309 | 365 | 360 | 520 | 652 | 724 | 658 | |
| Total Liabilities | 34 | 565 | 649 | 738 | 1,029 | 1,142 | 1,447 | 1,446 | 1,792 | 2,072 | 2,304 | 2,643 | 2,793 |
| 34 | 89 | 107 | 118 | 260 | 270 | 280 | 254 | 273 | 277 | 250 | 275 | 279 | |
| CWIP | -0 | 8 | 2 | 29 | 6 | 1 | 1 | 4 | 3 | 3 | 9 | 14 | 5 |
| Investments | -0 | 3 | 3 | 4 | 4 | 5 | 5 | 20 | 36 | 88 | 193 | 191 | 191 |
| 0 | 464 | 537 | 587 | 759 | 867 | 1,161 | 1,168 | 1,480 | 1,703 | 1,851 | 2,163 | 2,318 | |
| Total Assets | 34 | 565 | 649 | 738 | 1,029 | 1,142 | 1,447 | 1,446 | 1,792 | 2,072 | 2,304 | 2,643 | 2,793 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 131 | 118 | 134 | 110 | 17 | 237 | 194 | -24 | 273 | 348 | 423 | |
| -19 | 1 | -3 | -10 | -51 | -22 | 17 | 30 | -17 | 30 | -58 | 49 | |
| -0 | 20 | -79 | -59 | 9 | -29 | 5 | -277 | 98 | -202 | -238 | -153 | |
| Net Cash Flow | -0 | 152 | 36 | 65 | 68 | -34 | 259 | -54 | 57 | 102 | 52 | 320 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 38 | 37 | 37 | 32 | 42 | 42 | 49 | 50 | 54 | 48 | |
| Inventory Days | 97 | 117 | 103 | 140 | 149 | 163 | 175 | 152 | 105 | 104 | 95 | |
| Days Payable | 66 | 97 | 91 | 132 | 86 | 129 | 134 | 86 | 87 | 106 | 109 | |
| Cash Conversion Cycle | 74 | 58 | 48 | 45 | 95 | 76 | 82 | 115 | 68 | 52 | 34 | |
| Working Capital Days | -36 | -36 | -30 | -34 | 2 | -17 | 18 | 27 | 21 | 16 | -3 | |
| ROCE % | -22% | 67% | 40% | 39% | 40% | 37% | 29% | 25% | 23% | 23% | 27% | 28% |
Documents
Announcements
-
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Third Quarter And Nine Months Ended December 31, 2025 And Interim Dividend, If Any, To The Shareholders Of The Company.
14h - Board meeting Feb 9, 2026 to approve Q3/9M unaudited results and consider interim dividend.
-
Announcement under Regulation 30 (LODR)-Credit Rating
30 Jan - ICRA reaffirms [ICRA]AA+(Stable) long-term and A1+ short-term; cash credit limit increased to ₹192 crore.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
19 Jan - Jan 19, 2026: OEM partnerships with ACE, Ammann, XCMG; launches new lubricant range including fire‑resistant, zinc‑free products.
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
16 Jan - For allotment of Equity Shares to eligible employees under ESOP Scheme of the Company.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Jan - Newspaper cuttings of Business Standard (English) and Sakal (Marathi) dated January 7, 2026 wherein Postal Ballot Notice and e-voting information has been published.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
Concalls
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024TranscriptPPT
-
Jun 2024TranscriptAI SummaryPPT
-
Jun 2024Transcript PPT
-
Feb 2024TranscriptPPTREC
-
Oct 2023TranscriptPPT
-
Aug 2023TranscriptPPT
-
May 2023TranscriptPPT
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptPPT
-
Sep 2022TranscriptAI SummaryPPT
-
Aug 2022TranscriptPPT
-
May 2022TranscriptPPT
-
Feb 2022TranscriptPPT
-
Nov 2021TranscriptPPT
-
Aug 2021TranscriptPPT
-
Jun 2021TranscriptPPT
-
Sep 2018TranscriptPPT
-
Jun 2018Transcript PPT
-
Feb 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
Jul 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Feb 2017TranscriptPPT
-
Oct 2016TranscriptPPT
-
Sep 2016Transcript PPT
-
May 2016TranscriptPPT
-
Feb 2016TranscriptPPT
-
Nov 2015TranscriptPPT
-
Aug 2015TranscriptPPT
Product Portfolio
The Co’s product portfolio comprises Automotive Lubricants, Industrial Lubricants and Specialty Oils, Marine Lubricants, EV Fluids, and AdBlue. It caters to the automotive, industrial, and marine sectors. [1]