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Nifty
Sensex

:
:

24231.85
77537.72

153.55 (0.64%)
628.04 (0.82%)

Gulf Oil Lubricants India Ltd.

Lubricants

Rating :

74/99

BSE: 538567 | NSE: GULFOILLUB

Watchlist

NSE BSE

1151.30

20-Aug-2026

Open
High
Low
Previous Close

1161.2
1165
1141.2
1153.70

Volume
Traded Value (lacs)
52 Week High
52 Week Low

43877
50413447.9
1329
865

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

5,711.27
15.23
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

5,032.78
4.43%
3.45

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

13.39
16.56
6.58

EBITDA CAGR (%)

10 Years
5 Years
3 Years

11.50
12.17
6.68

PAT CAGR (%)

10 Years
5 Years
3 Years

13.70
12.60
15.71

P:E (Median)

8 Years
5 Years
3 Years

15.12
15.12
15.92

P:BV (Average)

8 Years
5 Years
3 Years

3.23
3.23
3.62

EV:EBITDA (Average)

8 Years
5 Years
3 Years

8.00
8.00
8.83

Earnings Forecasts:

(Updated: 15-08-2026)

Description 2026 2027 2028 2029
Adj EPS 43 2 13.17 78.82
P/E Ratio 26.77 575.65 87.42 14.61
Revenue 11.9 10.37 8.58 3906.1
EBITDA 4496.83 4764.18 5242.4 508.42
Net Income 568.6 643.16 762.95 367.1
ROA 414.13 475.63 539.5 14.48
P/B Ratio -1.51 -1.24 -1.13 3.38
ROE 2.84 2.56 2.11 24.33
FCFF 26.2 27.2 28.7 328.33
FCFF Yield 396.07 443.46 - 7.07
Net Debt 8.53 9.55 - -667.45
BVPS -764.35 -929.25 -1015 340.74

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 1,320.36 996.36 32.52% 1,040.24 915.08 13.68% 997.92 904.88 10.28% 956.78 849.33 12.65%
Expenses 1,149.99 869.79 32.21% 905.16 790.61 14.49% 867.66 782.68 10.86% 838.32 742.17 12.96%
EBITDA 170.37 126.58 34.59% 135.08 124.48 8.52% 130.26 122.20 6.60% 118.46 107.15 10.56%
EBIDTM 12.90% 12.70% 12.99% 13.60% 13.05% 13.50% 12.38% 12.62%
Other Income 26.64 22.21 19.95% 24.81 22.24 11.56% 24.04 33.38 -27.98% 25.23 23.25 8.52%
Interest 7.68 5.53 38.88% 22.70 9.69 134.26% 12.78 14.11 -9.43% 12.97 6.29 106.20%
Depreciation 16.88 13.54 24.67% 16.29 13.59 19.87% 15.16 10.75 41.02% 13.70 10.72 27.80%
PBT 172.44 129.72 32.93% 120.91 123.43 -2.04% 103.73 130.72 -20.65% 117.02 113.39 3.20%
Tax 44.92 33.06 35.87% 30.89 31.82 -2.92% 26.62 32.55 -18.22% 29.88 28.95 3.21%
PAT 127.52 96.66 31.93% 90.02 91.62 -1.75% 77.11 98.17 -21.45% 87.13 84.44 3.19%
PATM 9.66% 9.70% 8.65% 10.01% 7.73% 10.85% 9.11% 9.94%
EPS 25.76 19.53 31.90% 18.19 18.51 -1.73% 15.58 19.83 -21.43% 17.60 17.06 3.17%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 1,327.21 1,016.45 30.57% 1,055.26 952.74 10.76% 1,017.55 920.40 10.56% 966.77 863.98 11.90%
Expenses 1,161.41 889.02 30.64% 918.77 823.95 11.51% 885.00 797.88 10.92% 849.36 756.63 12.26%
EBITDA 165.80 127.43 30.11% 136.49 128.79 5.98% 132.56 122.52 8.19% 117.41 107.35 9.37%
EBIDTM 12.49% 12.54% 12.93% 13.52% 13.03% 13.31% 12.14% 12.42%
Other Income 26.88 22.55 19.20% 25.22 22.77 10.76% 24.35 34.03 -28.45% 25.50 23.76 7.32%
Interest 8.46 6.01 40.77% 22.75 10.13 124.58% 14.14 14.59 -3.08% 13.47 6.56 105.34%
Depreciation 19.52 16.15 20.87% 18.90 16.16 16.96% 17.78 13.26 34.09% 16.32 13.15 24.11%
PBT 164.71 127.82 28.86% 120.05 125.26 -4.16% 102.20 128.71 -20.60% 113.12 111.40 1.54%
Tax 43.85 32.61 34.47% 30.50 32.41 -5.89% 25.97 31.74 -18.18% 29.27 28.47 2.81%
PAT 120.85 95.21 26.93% 89.55 92.85 -3.55% 76.23 96.97 -21.39% 83.85 82.93 1.11%
PATM 9.11% 9.37% 8.49% 9.75% 7.49% 10.54% 8.67% 9.60%
EPS 24.87 19.45 27.87% 18.17 18.70 -2.83% 15.50 19.86 -21.95% 17.35 17.00 2.06%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 4,315.30 3,554.36 3,284.10 2,999.10 2,191.64 1,652.21 1,644.15 1,705.80 1,332.26 1,086.79 1,011.35 Net Sales Growth 17.72% 8.23% 9.50% 36.84% 32.65% 0.49% -3.61% 28.04% 22.59% 7.46% Cost Of Goods Sold 2,502.04 1,826.25 1,701.37 1,645.96 1,147.38 787.48 733.63 829.38 618.59 531.05 490.56 Gross Profit 1,813.26 1,728.11 1,582.74 1,353.13 1,044.25 864.73 910.53 876.42 713.67 555.74 520.80 GP Margin 42.02% 48.62% 48.19% 45.12% 47.65% 52.34% 55.38% 51.38% 53.57% 51.14% 51.50% Total Expenditure 3,761.13 3,084.33 2,866.63 2,657.24 1,906.18 1,387.52 1,356.97 1,423.24 1,096.79 909.69 853.15 Power & Fuel Cost - 4.77 5.43 5.52 4.40 4.17 4.26 4.69 3.24 2.79 2.37 % Of Sales - 0.13% 0.17% 0.18% 0.20% 0.25% 0.26% 0.27% 0.24% 0.26% 0.23% Employee Cost - 174.98 149.43 135.21 116.78 116.46 113.99 101.74 82.56 70.78 57.44 % Of Sales - 4.92% 4.55% 4.51% 5.33% 7.05% 6.93% 5.96% 6.20% 6.51% 5.68% Manufacturing Exp. - 296.20 297.18 273.48 212.35 143.60 143.55 155.10 116.87 95.06 86.65 % Of Sales - 8.33% 9.05% 9.12% 9.69% 8.69% 8.73% 9.09% 8.77% 8.75% 8.57% General & Admin Exp. - 55.47 51.80 44.98 26.43 22.00 31.99 35.23 31.67 26.79 23.65 % Of Sales - 1.56% 1.58% 1.50% 1.21% 1.33% 1.95% 2.07% 2.38% 2.47% 2.34% Selling & Distn. Exp. - 696.16 636.51 530.50 382.51 297.76 316.09 280.54 231.90 171.70 181.44 % Of Sales - 19.59% 19.38% 17.69% 17.45% 18.02% 19.23% 16.45% 17.41% 15.80% 17.94% Miscellaneous Exp. - 30.51 24.92 21.59 16.33 16.05 13.46 16.57 11.97 11.52 181.44 % Of Sales - 0.86% 0.76% 0.72% 0.75% 0.97% 0.82% 0.97% 0.90% 1.06% 1.09% EBITDA 554.17 470.03 417.47 341.86 285.46 264.69 287.18 282.56 235.47 177.10 158.20 EBITDA Margin 12.84% 13.22% 12.71% 11.40% 13.02% 16.02% 17.47% 16.56% 17.67% 16.30% 15.64% Other Income 100.72 96.20 68.37 48.09 44.22 52.56 34.89 30.03 26.35 21.06 18.89 Interest 56.13 34.60 25.61 37.64 9.62 14.64 24.83 15.16 8.53 9.82 17.79 Depreciation 62.03 45.89 46.77 39.61 35.72 33.87 32.70 22.36 10.43 7.25 6.04 PBT 514.10 485.74 413.46 312.70 284.34 268.74 264.54 275.07 242.86 181.08 153.26 Tax 132.31 123.49 105.36 80.40 73.26 68.65 62.02 97.29 84.30 63.53 52.95 Tax Rate 25.74% 25.42% 25.48% 25.71% 25.76% 25.55% 23.44% 35.37% 34.71% 35.08% 34.55% PAT 381.78 362.25 308.10 232.30 211.08 200.09 202.52 177.78 158.56 117.56 100.31 PAT before Minority Interest 381.78 362.25 308.10 232.30 211.08 200.09 202.52 177.78 158.56 117.56 100.31 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 8.85% 10.19% 9.38% 7.75% 9.63% 12.11% 12.32% 10.42% 11.90% 10.82% 9.92% PAT Growth 2.94% 17.58% 32.63% 10.05% 5.49% -1.20% 13.92% 12.12% 34.88% 17.20% EPS 77.13 73.18 62.24 46.93 42.64 40.42 40.91 35.92 32.03 23.75 20.26

Description TTM Mar 25 Mar 24 Mar 23 Mar 22
Net Sales 4,366.79 3,631.16 3,301.15 2,999.10 2,191.64 Net Sales Growth 16.34% 10.00% 10.07% 36.84% Cost Of Goods Sold 2,525.38 1,880.06 1,709.61 1,645.96 1,147.38 Gross Profit 1,841.41 1,751.10 1,591.54 1,353.13 1,044.25 GP Margin 42.17% 48.22% 48.21% 45.12% 47.65% Total Expenditure 3,814.54 3,158.92 2,882.05 2,657.24 1,906.18 Power & Fuel Cost - 4.88 5.47 5.52 4.40 % Of Sales - 0.13% 0.17% 0.18% 0.20% Employee Cost - 183.40 150.70 135.21 116.78 % Of Sales - 5.05% 4.57% 4.51% 5.33% Manufacturing Exp. - 297.58 297.35 273.48 212.35 % Of Sales - 8.20% 9.01% 9.12% 9.69% General & Admin Exp. - 60.51 56.96 44.98 26.43 % Of Sales - 1.67% 1.73% 1.50% 1.21% Selling & Distn. Exp. - 701.41 636.95 530.50 382.51 % Of Sales - 19.32% 19.29% 17.69% 17.45% Miscellaneous Exp. - 31.08 25.02 21.59 16.33 % Of Sales - 0.86% 0.76% 0.72% 0.75% EBITDA 552.26 472.24 419.10 341.86 285.46 EBITDA Margin 12.65% 13.01% 12.70% 11.40% 13.02% Other Income 101.95 98.78 70.03 48.09 44.22 Interest 58.82 35.95 25.91 37.64 9.62 Depreciation 72.52 55.77 50.74 39.61 35.72 PBT 500.08 479.30 412.48 312.70 284.34 Tax 129.59 122.08 104.28 80.40 73.26 Tax Rate 25.91% 25.47% 25.28% 25.71% 25.76% PAT 370.48 359.85 307.96 232.30 211.06 PAT before Minority Interest 374.87 357.39 308.02 232.30 211.06 Minority Interest 4.39 2.46 -0.06 0.00 0.00 PAT Margin 8.48% 9.91% 9.33% 7.75% 9.63% PAT Growth 0.68% 16.85% 32.57% 10.06% EPS 74.84 72.70 62.21 46.93 42.64

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 1,464.25 1,294.77 1,178.44 1,042.70 869.38 761.31 586.74 467.42 354.13 248.54 Share Capital 9.86 9.83 9.80 10.09 10.06 10.02 9.96 9.94 9.93 9.91 Total Reserves 1,445.10 1,275.02 1,157.87 1,026.89 851.37 739.98 562.26 443.72 334.32 235.74 Non-Current Liabilities 42.35 35.42 47.89 38.53 24.63 30.39 24.34 15.46 8.81 89.91 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 6.87 5.97 4.24 4.25 4.12 3.22 2.59 2.43 2.67 86.09 Current Liabilities 1,260.62 1,071.40 930.77 818.49 599.97 731.72 621.51 618.36 437.61 477.18 Trade Payables 546.38 494.96 390.65 270.74 289.81 258.51 195.94 222.86 133.08 130.60 Other Current Liabilities 163.68 134.34 115.58 106.69 47.78 40.54 40.72 62.08 57.20 39.17 Short Term Borrowings 413.39 329.31 331.58 357.00 197.95 353.72 283.11 248.06 178.49 194.72 Short Term Provisions 137.17 112.79 92.96 84.06 64.43 78.95 101.75 85.35 68.85 112.69 Total Liabilities 2,767.22 2,401.59 2,157.10 1,899.72 1,493.98 1,523.42 1,232.59 1,101.24 800.55 815.63 Net Block 274.97 250.41 277.49 273.09 253.62 280.47 270.50 260.08 117.97 106.93 Gross Block 502.71 435.36 411.21 382.60 338.22 341.38 309.10 277.64 125.16 146.90 Accumulated Depreciation 227.74 184.95 133.72 109.51 84.60 60.91 38.60 17.56 7.19 39.98 Non Current Assets 506.01 478.51 402.56 345.23 316.72 318.79 308.53 279.73 163.71 204.10 Capital Work in Progress 13.50 9.17 3.06 3.10 3.74 0.66 0.71 6.00 29.18 1.90 Non Current Investment 191.27 193.43 88.35 35.87 20.27 4.59 4.60 4.15 3.72 3.15 Long Term Loans & Adv. 6.85 10.80 10.72 9.96 10.16 10.52 10.39 9.23 12.55 91.86 Other Non Current Assets 19.42 14.71 22.95 23.21 28.94 22.55 22.33 0.26 0.28 0.26 Current Assets 2,261.21 1,923.08 1,754.55 1,554.49 1,177.25 1,204.63 924.07 821.50 636.85 611.54 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 477.18 484.40 471.70 476.30 376.51 328.27 338.79 236.80 149.93 156.89 Sundry Debtors 464.70 486.72 409.97 334.51 188.96 187.00 150.66 134.62 109.62 106.44 Cash & Bank 1,027.43 706.30 654.24 574.39 495.60 550.94 292.60 326.19 289.57 235.07 Other Current Assets 291.89 29.21 23.45 18.95 116.18 138.42 142.02 123.90 87.73 113.15 Short Term Loans & Adv. 258.24 216.45 195.18 150.34 100.23 122.36 137.36 117.92 84.23 107.29 Net Current Assets 1,000.59 851.68 823.77 736.00 577.29 472.91 302.55 203.15 199.23 134.35 Total Assets 2,767.22 2,401.59 2,157.11 1,899.72 1,493.97 1,523.42 1,232.60 1,101.23 800.56 815.64

Description Mar 25 Mar 24 Mar 23 Mar 22
Shareholder's Funds 1,461.72 1,294.61 1,178.43 1,042.68 Share Capital 9.86 9.83 9.80 10.09 Total Reserves 1,442.57 1,274.86 1,157.86 1,026.87 Non-Current Liabilities 64.52 59.69 47.89 38.53 Secured Loans 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 Long Term Provisions 7.28 6.13 4.24 4.25 Current Liabilities 1,287.08 1,079.62 930.77 818.49 Trade Payables 559.17 496.96 390.65 270.74 Other Current Liabilities 168.28 136.37 115.58 106.69 Short Term Borrowings 421.56 333.13 331.58 357.00 Short Term Provisions 138.08 113.15 92.96 84.06 Total Liabilities 2,882.80 2,505.82 2,157.09 1,899.70 Net Block 389.64 367.74 277.49 273.09 Gross Block 584.89 527.59 411.21 382.60 Accumulated Depreciation 195.24 159.85 133.72 109.51 Non Current Assets 524.79 499.68 402.55 345.21 Capital Work in Progress 19.21 14.56 3.06 3.10 Non Current Investment 88.72 90.72 88.34 35.85 Long Term Loans & Adv. 7.05 11.78 10.72 9.96 Other Non Current Assets 20.16 14.88 22.95 23.21 Current Assets 2,358.01 2,006.13 1,754.55 1,554.49 Current Investments 0.00 0.00 0.00 0.00 Inventories 507.49 494.35 471.70 476.30 Sundry Debtors 494.32 501.76 409.97 334.51 Cash & Bank 1,050.51 757.29 654.24 574.39 Other Current Assets 305.69 29.83 23.45 18.95 Short Term Loans & Adv. 271.74 222.89 195.18 150.34 Net Current Assets 1,070.92 926.51 823.77 736.00 Total Assets 2,882.80 2,505.81 2,157.10 1,899.70

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 423.26 348.14 273.32 -23.73 193.50 236.84 17.04 110.08 133.86 117.83 PBT 485.74 413.46 312.70 284.34 268.74 264.54 275.07 242.86 181.08 153.26 Adjustment -6.58 13.16 39.29 5.77 2.99 27.72 4.07 1.37 -0.03 12.20 Changes in Working Capital 69.12 23.73 14.76 -237.67 -23.11 28.13 -171.97 -62.66 14.36 2.11 Cash after chg. in Working capital 548.28 450.35 366.76 52.43 248.63 320.39 107.17 181.57 195.41 167.57 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -125.02 -102.20 -93.43 -76.15 -55.12 -83.55 -90.13 -71.48 -61.56 -49.74 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 49.40 -57.83 30.43 -17.31 29.52 17.41 -21.86 -50.85 -10.01 -3.27 Net Fixed Assets -71.68 -30.26 -28.57 -43.74 0.08 -32.23 -26.17 -129.30 -5.54 -16.72 Net Investments 2.16 -105.08 -52.48 -15.60 -15.68 0.01 -0.45 -0.43 -0.57 -0.51 Others 118.92 77.51 111.48 42.03 45.12 49.63 4.76 78.88 -3.90 13.96 Cash from Financing Activity -152.52 -238.43 -202.12 98.15 -277.23 4.87 -29.49 8.92 -59.09 -78.75 Net Cash Inflow / Outflow 320.14 51.88 101.63 57.12 -54.22 259.12 -34.30 68.15 64.76 35.81 Opening Cash & Equivalents 702.24 650.36 548.73 491.61 545.83 286.71 321.01 252.86 188.10 152.29 Closing Cash & Equivalent 1,022.38 702.24 650.36 548.73 491.61 545.83 286.71 321.01 252.86 188.10

Description Mar 25 Mar 24 Mar 23 Mar 22
Cash From Operating Activity 395.25 341.42 273.32 -23.73 PBT 479.47 412.30 312.71 284.32 Adjustment 2.03 17.44 39.28 5.78 Changes in Working Capital 39.49 14.08 14.76 -237.67 Cash after chg. in Working capital 520.99 443.81 366.76 52.43 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -125.74 -102.39 -93.43 -76.15 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity 77.35 -50.58 30.43 -17.31 Net Fixed Assets -71.68 -30.26 -28.57 Net Investments 2.16 -105.08 -52.48 Others 146.87 84.76 111.48 Cash from Financing Activity -149.77 -237.98 -202.12 98.15 Net Cash Inflow / Outflow 322.83 52.87 101.63 57.12 Opening Cash & Equivalents 703.23 650.36 548.73 491.61 Closing Cash & Equivalent 1,026.06 703.23 650.36 548.73

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 295.10 261.32 238.22 205.64 171.23 149.68 114.91 91.28 69.36 49.56 ROA 14.02% 13.52% 11.45% 12.44% 13.26% 14.70% 15.24% 16.67% 14.55% 14.19% ROE 26.44% 25.12% 21.07% 22.24% 24.83% 30.63% 34.66% 39.74% 39.86% 46.36% ROCE 29.72% 28.02% 24.08% 23.83% 25.97% 29.16% 36.61% 40.28% 39.13% 40.45% Fixed Asset Turnover 8.33 8.59 7.56 6.08 4.86 5.06 5.81 6.84 9.26 8.64 Receivable days 44.44 45.02 45.30 43.59 41.53 37.48 30.52 32.34 31.30 34.42 Inventory Days 44.92 48.00 57.69 71.01 77.85 74.04 61.58 51.20 44.45 46.58 Payable days 104.06 95.00 73.33 89.16 127.08 60.87 53.61 60.45 54.55 49.40 Cash Conversion Cycle -14.70 -1.98 29.66 25.44 -7.70 50.66 38.49 23.09 21.20 31.60 Total Debt/Equity 0.28 0.26 0.28 0.34 0.23 0.47 0.49 0.55 0.52 0.79 Interest Cover 15.04 17.14 9.31 30.56 19.36 11.65 19.15 29.47 19.43 9.62

Description Mar 25 Mar 24 Mar 23 Mar 22
Book Value (Rs.) 294.58 261.28 238.22 205.64 ROA 13.26% 13.21% 11.45% 11.11% ROE 26.11% 25.12% 21.07% 20.35% ROCE 29.36% 27.93% 24.08% 21.00% Fixed Asset Turnover 7.16 7.78 7.56 5.73 Receivable days 45.63 45.56 45.30 55.71 Inventory Days 45.90 48.27 57.69 79.32 Payable days 102.52 94.75 73.33 86.13 Cash Conversion Cycle -10.99 -0.92 29.66 48.91 Total Debt/Equity 0.29 0.26 0.28 0.34 Interest Cover 14.34 16.91 9.31 30.56

Top Investors:

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Annual Reports:

News Update:

Gulf Oil Lubricants - Quarterly Results
4th Aug 2026, 00:00 AM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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