Gulf Oil Lubricants India Limited
₹1,031.95-₹31.30 (-2.9%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹5,590 Cr
- P/E
- 15.0x
- EV / EBITDA
- 11.5x
- Revenue
- ₹3,554 Cr
- Net margin
- 9.4%
- ROCE
- 25.3%
Price chart
Technical chartScreen technicals →-16.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -8.3%
- 3M
- -2.0%
- 6M
- +5.4%
- 1Y
- -16.4%
- 5Y
- +73.0%
52-week range
Day change -₹31.30 (-2.9%) from ₹1,063 to ₹1,032 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in GULFOILLUB, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 23.8%
Concerns0
Rule-based from financial data. Not advice.
About the company
Gulf Oil Lubricants India Limited manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.
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Gulf Oil Lubricants India Limited manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India. The company offers automotive lubricants, such as engine oils, driveline fluids, brake fluids and radiator coolants, gear oils, transmission oils, and greases, as well as specialties for cars, commercial vehicles, motorcycles and scooters, and tractor farm equipment. It also provides industrial lubricants, including hydraulic, turbine, air compressor, refrigeration compressor, heat transfer, bearing and circulating, slideway lubrication, rock drill, neat cutting, rust preventive, quenching, transformer, knitting oils, gulf water miscible metalworking fluids; and AdBlue, a diesel exhaust fluid used in automotive sector. In addition, the company offers two-wheeler batteries; and marine lubricants. It also exports its products to approximately 25 countries. The company was formerly known as Hinduja Infrastructure Limited and changed its name to Gulf Oil Lubricants India Limited in September 2013. Gulf Oil Lubricants India Limited was founded in 1901 and is based in Mumbai, India. Gulf Oil Lubricants India Limited is a subsidiary of Gulf Oil International (Mauritius) Inc.
- Sector
- Energy
- Shares outstanding
- 4.9 Cr shares
- ISIN
- INE635Q01029
- BSE code
- 538567
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹5,590 Cr
- P/E
- 15.0x
- P/B
- 3.4x
- EV / EBITDA
- 11.5x
- EV / Sales
- 1.7x
- P/S
- 1.7x
- Earnings yield
- 6.7%
- 52-week high
- ₹1,265.40
- 52-week low
- ₹868.80
Profitability
- Operating margin
- 12.8%
- Net margin
- 9.4%
- EBITDA margin
- 14.8%
- ROE
- 23.8%
- ROCE
- 25.3%
- ROA
- 13.4%
- Dividend payout
- 57.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 16.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3,554 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.2%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹485 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.5%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹348 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 27.5%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹320 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.2%
Solvency and efficiency
- Current ratio
- 3.13
- Debt / Equity
- 0.28
- Debt / Assets
- 0.16
- Debt / EBITDA
- 0.74
- Interest coverage
- 16.12
- Financial leverage
- 1.78
- CFO / Net profit
- 1.13
- Cash / Market cap
- 33.1%
- Cash per share
- ₹375.17
- Asset turnover
- 1.43
- Fixed asset turnover
- 13.14
- Capital intensity
- 0.08
- Debtor days
- 54 days
- Inventory turnover
- 3.51
- Cash conversion cycle
- 52 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹10 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹3,084 Cr |
| Sales | Operating profit | ₹470 Cr |
| Operating profit | Interest | ₹35 Cr |
| Operating profit | Depreciation | ₹46 Cr |
| Operating profit | Profit before tax | ₹389 Cr |
| Other income | Profit before tax | ₹96 Cr |
| Profit before tax | Tax and other | ₹124 Cr |
| Profit before tax | Net profit | ₹362 Cr |
Revenue and net profit
Revenue grew 8.2% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,652 Cr | ₹200 Cr |
| FY2022 | ₹2,192 Cr | ₹211 Cr |
| FY2023 | ₹2,999 Cr | ₹232 Cr |
| FY2024 | ₹3,284 Cr | ₹308 Cr |
| FY2025 | ₹3,554 Cr | ₹362 Cr |
Cash flows
FY2025: ₹423 Cr from operations, ₹472 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹194 Cr | ₹224 Cr |
| FY2022 | -₹24 Cr | -₹41 Cr |
| FY2023 | ₹273 Cr | ₹303 Cr |
| FY2024 | ₹348 Cr | ₹290 Cr |
| FY2025 | ₹423 Cr | ₹472 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹3,554 Cr+8.2%1Y
- Net profit
- ₹362 Cr+17.5%1Y
- Cash from operations
- ₹423 Cr
- Free cash flow
- ₹472 Cr+62.8%1Y
- Revenue CAGR, 5Y
- 14.8%
- EBITDA CAGR, 5Y
- 8.5%
- Net profit CAGR, 5Y
- 8.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹3,554 Cr | ₹470 Cr | — | ₹362 Cr | ₹423 Cr | ₹472 Cr | 24.7% | +8.2% | +17.5% |
Monthly returns
Month-by-month returns of GULFOILLUB across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹2,643 Cr |
| Equity capital | ₹10 Cr |
| Reserves | ₹1,454 Cr |
| Borrowings | ₹455 Cr |
| Other liabilities | ₹724 Cr |
| Assets | ₹2,643 Cr |
| Fixed assets | ₹275 Cr |
| Capital work in progress | ₹14 Cr |
| Investments | ₹191 Cr |
| Other assets | ₹2,163 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
GULFOILLUB trades at 15.0x earnings against a peer median of 24.8x (a 40% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Gulf Oil Lubricants India LimitedGULFOILLUBthis companyP/E ↓ discount | ₹5,590 Cr | 15.0x | 3.4x | 23.8% | 11.5x |
| Power Mech Projects LimitedPOWERMECH | ₹7,309 Cr | 25.0x | 3.3x | 13.3% | 14.0x |
| INOX GREEN ENERGY SERVICES LIMITEDINOXGREEN | ₹7,018 Cr | 153.0x | 3.3x | 0.9% | 74.3x |
| MOIL LimitedMOIL | ₹6,920 Cr | 23.0x | 2.6x | 11.9% | 12.5x |
| BOROSIL RENEWABLES LIMITEDBORORENEW | ₹6,911 Cr | 55.1x | 7.3x | -2.0% | 60.3x |
| RattanIndia Power LimitedRTNPOWER | ₹4,785 Cr | 60.1x | 1.0x | -22.4% | -31.6x |
| STERLING AND WILSON RENEWABLE ENERGY LIMITEDSWSOLAR | ₹4,730 Cr | 15.6x | 10.1x | 3.2% | 12.6x |
| PTC India LtdPTC | ₹4,693 Cr | 10.8x | 1.0x | 8.9% | 7.2x |
| ELLENBARRIE INDUSTRIAL GASES LIMITEDELLEN | ₹3,959 Cr | 45.4x | 4.3x | 11.0% | 49.4x |
| Peer median | — | 24.8x | 3.1x | 12.8% | 15.7x |
Year-to-date ROI
GULFOILLUB since 1 January, against earlier years.
Historical volatility
GULFOILLUB's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 16.0% |
| FY2022 | 13.0% |
| FY2023 | 11.0% |
| FY2024 | 13.0% |
| FY2025 | 13.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹3,554 Cr |
| Costs | |
| Interest | ₹35 Cr |
| Expenses | ₹3,084 Cr |
| Operating profitOperating Profit | ₹470 Cr |
| Other income and charges | |
| Profit before tax | ₹486 Cr |
| Tax | |
| Net profitNet Profit | ₹362 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹2,643 Cr |
| Equity capitalEquity Capital | ₹10 Cr |
| Reserves | ₹1,454 Cr |
| Borrowings | ₹455 Cr |
| Other liabilitiesOther Liabilities | ₹724 Cr |
| AssetsTotal Assets | ₹2,643 Cr |
| Fixed assetsFixed Assets | ₹275 Cr |
| Capital work in progressCWIP | ₹14 Cr |
| Investments | ₹191 Cr |
| Other assetsOther Assets | ₹2,163 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹423 Cr |
| Investing cash flowCash from Investing Activity | ₹49 Cr |
| Financing cash flowCash from Financing Activity | -₹153 Cr |
| Change in cashNet Cash Flow | ₹320 Cr |
Learn while you research
Academy chapters picked for Gulf Oil Lubricants India Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read