GP Petroleums Ltd
Incorporated in 1983, GP Petroleums Ltd
does Manufacturing & Marketing of Industrial
and Automotive Lubricants, Rubber Process
Oils etc. and Trading of Base Oil, Fuel oil and
Bitumen[1]
- Market Cap ₹ 170 Cr.
- Current Price ₹ 33.3
- High / Low ₹ 52.0 / 23.2
- Stock P/E 6.27
- Book Value ₹ 66.8
- Dividend Yield 0.00 %
- ROCE 10.8 %
- ROE 8.38 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.50 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -4.18%
- The company has delivered a poor sales growth of 4.23% over past five years.
- Promoter holding is low: 37.0%
- Company has a low return on equity of 9.32% over last 3 years.
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 404 | 407 | 422 | 480 | 519 | 607 | 495 | 610 | 718 | 790 | 655 | 609 | 662 | |
| 387 | 393 | 394 | 450 | 484 | 572 | 467 | 583 | 687 | 752 | 615 | 570 | 623 | |
| Operating Profit | 16 | 14 | 29 | 31 | 35 | 34 | 28 | 27 | 30 | 39 | 40 | 39 | 39 |
| OPM % | 4% | 3% | 7% | 6% | 7% | 6% | 6% | 4% | 4% | 5% | 6% | 6% | 6% |
| 3 | 3 | 1 | 12 | 1 | 1 | 1 | 1 | -0 | -1 | 2 | 2 | 2 | |
| Interest | 14 | 10 | 5 | 8 | 7 | 7 | 7 | 1 | 1 | -1 | 0 | 1 | 1 |
| Depreciation | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 5 | 5 | 5 |
| Profit before tax | 3 | 5 | 22 | 31 | 25 | 25 | 19 | 24 | 26 | 35 | 37 | 35 | 35 |
| Tax % | 60% | -11% | 37% | 34% | 35% | 36% | 17% | 25% | 28% | 27% | 25% | 26% | |
| 1 | 5 | 14 | 20 | 16 | 16 | 16 | 18 | 19 | 25 | 28 | 26 | 26 | |
| EPS in Rs | 0.20 | 0.99 | 2.67 | 4.02 | 3.21 | 3.19 | 3.05 | 3.48 | 3.71 | 4.94 | 5.43 | 5.16 | 5.05 |
| Dividend Payout % | 5% | 10% | 19% | 19% | 23% | 24% | 25% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | -5% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -1% |
| 3 Years: | -2% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| 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 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 97 | 104 | 112 | 159 | 171 | 183 | 194 | 208 | 226 | 251 | 278 | 303 | 315 |
| 0 | 40 | 118 | 80 | 123 | 135 | 38 | 122 | 35 | 31 | 18 | 33 | 16 | |
| 183 | 61 | 36 | 66 | 89 | 41 | 39 | 41 | 37 | 38 | 43 | 43 | 43 | |
| Total Liabilities | 306 | 231 | 291 | 330 | 408 | 384 | 297 | 397 | 324 | 345 | 364 | 405 | 400 |
| 30 | 41 | 46 | 76 | 75 | 72 | 75 | 71 | 65 | 64 | 73 | 69 | 69 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 20 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 256 | 186 | 244 | 254 | 333 | 312 | 221 | 325 | 259 | 281 | 291 | 336 | 331 | |
| Total Assets | 306 | 231 | 291 | 330 | 408 | 384 | 297 | 397 | 324 | 345 | 364 | 405 | 400 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -15 | -18 | 17 | 29 | -35 | -12 | 111 | -56 | 62 | 11 | 55 | -8 | |
| 17 | 3 | -7 | 1 | 4 | 0 | -1 | -2 | 15 | 5 | -36 | -6 | |
| -1 | 11 | -5 | -40 | 33 | 2 | -109 | 71 | -92 | -17 | -17 | 14 | |
| Net Cash Flow | 1 | -4 | 5 | -10 | 2 | -10 | 0 | 14 | -14 | -0 | 1 | -1 |
| Free Cash Flow | -16 | -32 | 6 | 38 | -36 | -13 | 109 | -55 | 66 | 16 | 43 | -9 |
| CFO/OP | -102% | -130% | 75% | 113% | -73% | -7% | 416% | -182% | 230% | 56% | 160% | 2% |
Ratios
Figures in Rs. Crores
| 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 | 102 | 77 | 113 | 97 | 99 | 55 | 59 | 58 | 56 | 63 | 80 | 94 |
| Inventory Days | 107 | 63 | 64 | 72 | 115 | 109 | 69 | 108 | 60 | 44 | 52 | 58 |
| Days Payable | 185 | 54 | 23 | 43 | 51 | 11 | 12 | 13 | 10 | 11 | 15 | 16 |
| Cash Conversion Cycle | 24 | 86 | 154 | 126 | 164 | 153 | 115 | 153 | 105 | 96 | 117 | 136 |
| Working Capital Days | 38 | 60 | 61 | 67 | 75 | 79 | 104 | 82 | 96 | 99 | 132 | 157 |
| ROCE % | 14% | 9% | 13% | 12% | 11% | 10% | 9% | 8% | 9% | 12% | 12% | 11% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Production Capacity - Lubricants KL |
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| Bitumen Supply Contracts/Volume MT |
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Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate Under Regulation 74(5) of SEBI DP Regulations 2018 for the Quarter ended March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
31 Mar - Gulf Petroleums appoints Anil Keswani as COO - Bitumen & Terminalling effective April 1, 2026; 26 years' experience.
- Closure of Trading Window 26 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Mar
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 24 Mar
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Business Overview:[1]
GPPL is an ISO 9001:2015, EMS 14001:2015 & ISO 45001:2018 certified company which specializes in formulation, manufacturing and marketing of Industrial Lubricants, Automotive Lubricants, Process Oils, Transformer Oils, Greases, and other specialties under its brand name IPOL. It also trades in base oils, bitumen, coal and bunker fuel oil. Company complies with several contemporary national and international performance specifications, such as API, JASO, ACEA, and several other Auto & Industrial OEM credentials