Share Price and Basic Stock Data
Last Updated: October 26, 2025, 11:37 am
| PEG Ratio | -1.11 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Gandhar Oil Refinery (India) Ltd operates within the lubricants sector, with a current market capitalization of ₹1,331 Cr. The company reported sales of ₹4,079 Cr for the year ending March 2023, a slight increase from ₹4,113 Cr in March 2024. The most recent quarterly sales in June 2023 were ₹1,070 Cr, which reflects a stable demand for its products amidst varying economic conditions. However, sales dipped to ₹939 Cr in March 2024 before recovering to ₹1,103 Cr in December 2023. Overall, the revenue trend indicates fluctuations, with quarterly sales ranging from ₹884 Cr in June 2022 to a peak of ₹1,103 Cr in December 2023. This variability suggests a need for strategic pricing and marketing efforts to stabilize revenue streams in the competitive lubricant market.
Profitability and Efficiency Metrics
Gandhar Oil’s profitability, as evidenced by its operating profit margin (OPM), stood at 5% for the latest financial year, reflecting a decline from previous periods. The operating profit for March 2025 was recorded at ₹176 Cr, down from ₹280 Cr in March 2024. The net profit for the same period was ₹83 Cr, with the earnings per share (EPS) declining to ₹8.18 from ₹14.36 in the prior year. The return on equity (ROE) is reported at 6.65%, while the return on capital employed (ROCE) stood at 10.6%. Efficiency metrics reveal a cash conversion cycle (CCC) of 79 days, which is relatively longer than the typical range in the industry, indicating potential challenges in managing working capital effectively. Interest coverage ratio at 3.90x shows that the company is maintaining a comfortable level of profitability to cover its interest obligations.
Balance Sheet Strength and Financial Ratios
The balance sheet of Gandhar Oil is characterized by total borrowings of ₹305 Cr against reserves of ₹1,217 Cr, indicating a strong equity base relative to its debt levels. The debt-to-equity ratio is low at 0.14, suggesting conservative leverage and financial stability. The company’s current ratio of 2.91 and quick ratio of 2.01 reflect robust liquidity, ensuring it can meet short-term obligations comfortably. However, the return on capital employed (ROCE) has declined significantly from 38.74% in March 2023 to 11.24% in March 2025, which raises concerns about the efficiency of capital utilization. The price-to-book value (P/BV) ratio at 1.12x indicates the market values the company slightly above its book value, suggesting moderate investor confidence in its asset base.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Gandhar Oil showcases a dominant promoter stake of 65.01%, which reflects strong control and commitment from the founding family. Institutional investors hold a marginal 0.24% from foreign institutional investors (FIIs) and 1.97% from domestic institutional investors (DIIs), indicating limited institutional interest in the stock. Public ownership comprises 32.80%, with a total of 1,45,648 shareholders as of March 2025, down from 1,80,727 in March 2024. This decline in shareholder numbers could be a red flag for investor confidence, potentially linked to the company’s fluctuating financial performance. The patterns suggest that while the promoters maintain a strong position, the lack of institutional backing may limit the company’s visibility and market appeal.
Outlook, Risks, and Final Insight
If margins sustain their current level, Gandhar Oil could benefit from improving operational efficiencies and a stabilization in revenue growth. However, the risks include ongoing volatility in sales, as evidenced by the fluctuating quarterly performance, and potential pressure on profitability due to rising operational costs. Additionally, the company’s dependence on a concentrated promoter stake could deter broader market participation. The decline in ROCE and EPS raises concerns about long-term growth prospects and effective capital deployment. If the company can enhance its operational efficiency and attract more institutional investors, it may create a more favorable investment climate. Conversely, failure to address these issues could hinder its competitive positioning in the lubricant market.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Gandhar Oil Refinery (India) Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Gandhar Oil Refinery (India) Ltd | 1,341 Cr. | 137 | 245/128 | 17.8 | 126 | 0.36 % | 10.6 % | 6.65 % | 2.00 |
| Continental Petroleums Ltd | 63.4 Cr. | 114 | 137/81.4 | 17.3 | 51.1 | 0.00 % | 21.3 % | 16.4 % | 5.00 |
| Veedol Corporation Ltd | 3,056 Cr. | 1,754 | 2,052/1,275 | 16.3 | 525 | 3.08 % | 23.7 % | 19.8 % | 2.00 |
| Savita Oil Technologies Ltd | 2,720 Cr. | 394 | 614/295 | 19.4 | 242 | 1.02 % | 9.84 % | 6.10 % | 2.00 |
| Gulf Oil Lubricants India Ltd | 6,026 Cr. | 1,222 | 1,332/911 | 16.2 | 297 | 3.93 % | 28.3 % | 25.5 % | 2.00 |
| Industry Average | 5,513.00 Cr | 551.41 | 16.46 | 189.14 | 1.81% | 22.82% | 17.80% | 3.29 |
Quarterly Result
| Metric | Jun 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 884 | 1,098 | 987 | 1,070 | 1,001 | 1,103 | 939 | 995 | 935 | 1,005 | 962 | 903 |
| Expenses | 789 | 1,028 | 940 | 986 | 925 | 1,018 | 906 | 934 | 895 | 964 | 928 | 857 |
| Operating Profit | 95 | 70 | 47 | 84 | 76 | 85 | 34 | 60 | 40 | 42 | 34 | 46 |
| OPM % | 11% | 6% | 5% | 8% | 8% | 8% | 4% | 6% | 4% | 4% | 3% | 5% |
| Other Income | 2 | 16 | 6 | 1 | 2 | 2 | 5 | 5 | 2 | 2 | 4 | 3 |
| Interest | 10 | 19 | 14 | 13 | 15 | 16 | 14 | 13 | 11 | 10 | 14 | 10 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 7 |
| Profit before tax | 83 | 63 | 34 | 67 | 58 | 66 | 19 | 46 | 25 | 27 | 17 | 32 |
| Tax % | 21% | 21% | 18% | 19% | 18% | 23% | 37% | 29% | 26% | 24% | 27% | 18% |
| Net Profit | 65 | 49 | 28 | 54 | 48 | 51 | 12 | 33 | 18 | 20 | 12 | 26 |
| EPS in Rs | 8.13 | 5.42 | 2.77 | 5.59 | 4.91 | 4.83 | 0.93 | 3.15 | 1.86 | 1.98 | 1.19 | 2.68 |
Last Updated: August 19, 2025, 2:55 pm
Below is a detailed analysis of the quarterly data for Gandhar Oil Refinery (India) Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 903.00 Cr.. The value appears to be declining and may need further review. It has decreased from 962.00 Cr. (Mar 2025) to 903.00 Cr., marking a decrease of 59.00 Cr..
- For Expenses, as of Jun 2025, the value is 857.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 928.00 Cr. (Mar 2025) to 857.00 Cr., marking a decrease of 71.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 46.00 Cr.. The value appears strong and on an upward trend. It has increased from 34.00 Cr. (Mar 2025) to 46.00 Cr., marking an increase of 12.00 Cr..
- For OPM %, as of Jun 2025, the value is 5.00%. The value appears strong and on an upward trend. It has increased from 3.00% (Mar 2025) to 5.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2025) to 3.00 Cr., marking a decrease of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 10.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 14.00 Cr. (Mar 2025) to 10.00 Cr., marking a decrease of 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 7.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 7.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 32.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Mar 2025) to 32.00 Cr., marking an increase of 15.00 Cr..
- For Tax %, as of Jun 2025, the value is 18.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Mar 2025) to 18.00%, marking a decrease of 9.00%.
- For Net Profit, as of Jun 2025, the value is 26.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Mar 2025) to 26.00 Cr., marking an increase of 14.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.68. The value appears strong and on an upward trend. It has increased from 1.19 (Mar 2025) to 2.68, marking an increase of 1.49.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 1:05 pm
| Metric | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,756 | 2,169 | 3,568 | 2,504 | 2,221 | 3,543 | 4,079 | 4,113 | 3,897 | 3,805 |
| Expenses | 1,680 | 2,042 | 3,496 | 2,444 | 2,081 | 3,296 | 3,762 | 3,833 | 3,721 | 3,644 |
| Operating Profit | 76 | 127 | 72 | 60 | 140 | 247 | 317 | 280 | 176 | 161 |
| OPM % | 4% | 6% | 2% | 2% | 6% | 7% | 8% | 7% | 5% | 4% |
| Other Income | 10 | 13 | 11 | 13 | 29 | 26 | 24 | 10 | 13 | 11 |
| Interest | 47 | 31 | 48 | 50 | 37 | 33 | 52 | 59 | 49 | 45 |
| Depreciation | 8 | 9 | 8 | 11 | 11 | 15 | 17 | 20 | 26 | 27 |
| Profit before tax | 31 | 100 | 27 | 13 | 120 | 225 | 272 | 210 | 114 | 100 |
| Tax % | 16% | 26% | 30% | 24% | 17% | 27% | 21% | 21% | 27% | |
| Net Profit | 26 | 74 | 19 | 10 | 100 | 164 | 214 | 165 | 83 | 77 |
| EPS in Rs | 162.19 | 46.43 | 11.71 | 6.16 | 62.70 | 18.42 | 23.86 | 14.36 | 8.18 | 7.71 |
| Dividend Payout % | 1,778% | 0% | 85% | 73% | 0% | 0% | 2% | 3% | 6% |
YoY Net Profit Growth
| Year | 2016-2017 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 184.62% | -47.37% | 900.00% | 64.00% | 30.49% | -22.90% | -49.70% |
| Change in YoY Net Profit Growth (%) | 0.00% | -231.98% | 947.37% | -836.00% | -33.51% | -53.39% | -26.80% |
Gandhar Oil Refinery (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2016-2017 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | -18% |
| TTM: | -40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 15% |
| Last Year: | 7% |
Last Updated: September 5, 2025, 3:31 pm
Balance Sheet
Last Updated: July 25, 2025, 1:15 pm
| Month | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 20 | 20 |
| Reserves | 212 | 285 | 368 | 330 | 429 | 525 | 727 | 1,153 | 1,217 |
| Borrowings | 272 | 326 | 116 | 146 | 90 | 191 | 220 | 271 | 305 |
| Other Liabilities | 374 | 481 | 771 | 516 | 566 | 586 | 668 | 497 | 418 |
| Total Liabilities | 875 | 1,108 | 1,271 | 1,008 | 1,101 | 1,318 | 1,632 | 1,940 | 1,959 |
| Fixed Assets | 74 | 78 | 99 | 97 | 88 | 190 | 238 | 361 | 450 |
| CWIP | 2 | 4 | 5 | 12 | 22 | 44 | 73 | 9 | 8 |
| Investments | 0 | 0 | 1 | 0 | 7 | 0 | 0 | 0 | 0 |
| Other Assets | 798 | 1,025 | 1,166 | 899 | 984 | 1,084 | 1,321 | 1,570 | 1,501 |
| Total Assets | 875 | 1,108 | 1,271 | 1,008 | 1,101 | 1,318 | 1,632 | 1,940 | 1,959 |
Below is a detailed analysis of the balance sheet data for Gandhar Oil Refinery (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 20.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,217.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,153.00 Cr. (Mar 2024) to 1,217.00 Cr., marking an increase of 64.00 Cr..
- For Borrowings, as of Mar 2025, the value is 305.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 271.00 Cr. (Mar 2024) to 305.00 Cr., marking an increase of 34.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 418.00 Cr.. The value appears to be improving (decreasing). It has decreased from 497.00 Cr. (Mar 2024) to 418.00 Cr., marking a decrease of 79.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,959.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,940.00 Cr. (Mar 2024) to 1,959.00 Cr., marking an increase of 19.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 450.00 Cr.. The value appears strong and on an upward trend. It has increased from 361.00 Cr. (Mar 2024) to 450.00 Cr., marking an increase of 89.00 Cr..
- For CWIP, as of Mar 2025, the value is 8.00 Cr.. The value appears to be declining and may need further review. It has decreased from 9.00 Cr. (Mar 2024) to 8.00 Cr., marking a decrease of 1.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,501.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,570.00 Cr. (Mar 2024) to 1,501.00 Cr., marking a decrease of 69.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,959.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,940.00 Cr. (Mar 2024) to 1,959.00 Cr., marking an increase of 19.00 Cr..
Notably, the Reserves (1,217.00 Cr.) exceed the Borrowings (305.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -196.00 | -199.00 | -44.00 | -86.00 | 50.00 | 56.00 | 97.00 | 9.00 | -129.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 95 | 63 | 64 | 84 | 46 | 50 | 55 | 63 |
| Inventory Days | 54 | 51 | 30 | 32 | 38 | 40 | 47 | 46 | 50 |
| Days Payable | 84 | 81 | 84 | 82 | 101 | 63 | 59 | 38 | 34 |
| Cash Conversion Cycle | 60 | 65 | 9 | 14 | 22 | 22 | 38 | 63 | 79 |
| Working Capital Days | 70 | 75 | 17 | 23 | 37 | 19 | 33 | 58 | 77 |
| ROCE % | 23% | 13% | 31% | 39% | 37% | 22% | 11% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 10.00 |
| Basic EPS (Rs.) | 8.18 | 16.27 | 23.77 | 18.42 | 12.54 |
| Diluted EPS (Rs.) | 8.18 | 16.27 | 23.77 | 18.42 | 12.54 |
| Cash EPS (Rs.) | 11.19 | 18.95 | 28.71 | 22.34 | 65.39 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 126.29 | 125.02 | 95.03 | 70.09 | 278.01 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 126.29 | 125.02 | 95.03 | 70.09 | 278.01 |
| Revenue From Operations / Share (Rs.) | 398.13 | 420.27 | 509.93 | 442.92 | 1388.13 |
| PBDIT / Share (Rs.) | 19.27 | 29.49 | 42.37 | 33.94 | 100.22 |
| PBIT / Share (Rs.) | 16.63 | 27.43 | 40.31 | 32.06 | 93.09 |
| PBT / Share (Rs.) | 11.68 | 21.49 | 33.87 | 28.15 | 70.73 |
| Net Profit / Share (Rs.) | 8.54 | 16.89 | 26.65 | 20.45 | 58.26 |
| NP After MI And SOA / Share (Rs.) | 8.18 | 14.36 | 23.77 | 18.42 | 62.70 |
| PBDIT Margin (%) | 4.84 | 7.01 | 8.30 | 7.66 | 7.21 |
| PBIT Margin (%) | 4.17 | 6.52 | 7.90 | 7.23 | 6.70 |
| PBT Margin (%) | 2.93 | 5.11 | 6.64 | 6.35 | 5.09 |
| Net Profit Margin (%) | 2.14 | 4.01 | 5.22 | 4.61 | 4.19 |
| NP After MI And SOA Margin (%) | 2.05 | 3.41 | 4.66 | 4.15 | 4.51 |
| Return on Networth / Equity (%) | 6.47 | 11.98 | 26.21 | 27.23 | 22.55 |
| Return on Capital Employeed (%) | 11.24 | 20.28 | 38.74 | 41.02 | 31.57 |
| Return On Assets (%) | 4.08 | 7.24 | 11.78 | 11.17 | 9.11 |
| Long Term Debt / Equity (X) | 0.02 | 0.02 | 0.03 | 0.06 | 0.03 |
| Total Debt / Equity (X) | 0.14 | 0.17 | 0.23 | 0.29 | 0.17 |
| Asset Turnover Ratio (%) | 2.00 | 2.31 | 2.78 | 2.93 | 0.00 |
| Current Ratio (X) | 2.91 | 2.52 | 1.61 | 1.53 | 1.55 |
| Quick Ratio (X) | 2.01 | 1.79 | 1.03 | 1.06 | 1.23 |
| Inventory Turnover Ratio (X) | 8.56 | 7.86 | 8.57 | 9.09 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 6.11 | 2.84 | 0.00 | 30.94 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 4.61 | 2.48 | 0.00 | 28.06 | 0.00 |
| Earning Retention Ratio (%) | 93.89 | 97.16 | 0.00 | 69.06 | 0.00 |
| Cash Earning Retention Ratio (%) | 95.39 | 97.52 | 0.00 | 71.94 | 0.00 |
| Interest Coverage Ratio (X) | 3.90 | 4.96 | 6.58 | 8.56 | 4.48 |
| Interest Coverage Ratio (Post Tax) (X) | 2.73 | 3.84 | 5.14 | 6.14 | 3.61 |
| Enterprise Value (Cr.) | 1466.03 | 1937.66 | 0.00 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 0.37 | 0.47 | 0.00 | 0.00 | 0.00 |
| EV / EBITDA (X) | 7.77 | 6.71 | 0.00 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 0.35 | 0.47 | 0.00 | 0.00 | 0.00 |
| Retention Ratios (%) | 93.88 | 97.15 | 0.00 | 69.05 | 0.00 |
| Price / BV (X) | 1.12 | 1.67 | 0.00 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 0.35 | 0.47 | 0.00 | 0.00 | 0.00 |
| EarningsYield | 0.05 | 0.07 | 0.00 | 0.00 | 0.00 |
After reviewing the key financial ratios for Gandhar Oil Refinery (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 8.18. This value is within the healthy range. It has decreased from 16.27 (Mar 24) to 8.18, marking a decrease of 8.09.
- For Diluted EPS (Rs.), as of Mar 25, the value is 8.18. This value is within the healthy range. It has decreased from 16.27 (Mar 24) to 8.18, marking a decrease of 8.09.
- For Cash EPS (Rs.), as of Mar 25, the value is 11.19. This value is within the healthy range. It has decreased from 18.95 (Mar 24) to 11.19, marking a decrease of 7.76.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 126.29. It has increased from 125.02 (Mar 24) to 126.29, marking an increase of 1.27.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 126.29. It has increased from 125.02 (Mar 24) to 126.29, marking an increase of 1.27.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 398.13. It has decreased from 420.27 (Mar 24) to 398.13, marking a decrease of 22.14.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 19.27. This value is within the healthy range. It has decreased from 29.49 (Mar 24) to 19.27, marking a decrease of 10.22.
- For PBIT / Share (Rs.), as of Mar 25, the value is 16.63. This value is within the healthy range. It has decreased from 27.43 (Mar 24) to 16.63, marking a decrease of 10.80.
- For PBT / Share (Rs.), as of Mar 25, the value is 11.68. This value is within the healthy range. It has decreased from 21.49 (Mar 24) to 11.68, marking a decrease of 9.81.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 8.54. This value is within the healthy range. It has decreased from 16.89 (Mar 24) to 8.54, marking a decrease of 8.35.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 8.18. This value is within the healthy range. It has decreased from 14.36 (Mar 24) to 8.18, marking a decrease of 6.18.
- For PBDIT Margin (%), as of Mar 25, the value is 4.84. This value is below the healthy minimum of 10. It has decreased from 7.01 (Mar 24) to 4.84, marking a decrease of 2.17.
- For PBIT Margin (%), as of Mar 25, the value is 4.17. This value is below the healthy minimum of 10. It has decreased from 6.52 (Mar 24) to 4.17, marking a decrease of 2.35.
- For PBT Margin (%), as of Mar 25, the value is 2.93. This value is below the healthy minimum of 10. It has decreased from 5.11 (Mar 24) to 2.93, marking a decrease of 2.18.
- For Net Profit Margin (%), as of Mar 25, the value is 2.14. This value is below the healthy minimum of 5. It has decreased from 4.01 (Mar 24) to 2.14, marking a decrease of 1.87.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.05. This value is below the healthy minimum of 8. It has decreased from 3.41 (Mar 24) to 2.05, marking a decrease of 1.36.
- For Return on Networth / Equity (%), as of Mar 25, the value is 6.47. This value is below the healthy minimum of 15. It has decreased from 11.98 (Mar 24) to 6.47, marking a decrease of 5.51.
- For Return on Capital Employeed (%), as of Mar 25, the value is 11.24. This value is within the healthy range. It has decreased from 20.28 (Mar 24) to 11.24, marking a decrease of 9.04.
- For Return On Assets (%), as of Mar 25, the value is 4.08. This value is below the healthy minimum of 5. It has decreased from 7.24 (Mar 24) to 4.08, marking a decrease of 3.16.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.14. This value is within the healthy range. It has decreased from 0.17 (Mar 24) to 0.14, marking a decrease of 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 2.00. It has decreased from 2.31 (Mar 24) to 2.00, marking a decrease of 0.31.
- For Current Ratio (X), as of Mar 25, the value is 2.91. This value is within the healthy range. It has increased from 2.52 (Mar 24) to 2.91, marking an increase of 0.39.
- For Quick Ratio (X), as of Mar 25, the value is 2.01. This value exceeds the healthy maximum of 2. It has increased from 1.79 (Mar 24) to 2.01, marking an increase of 0.22.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.56. This value exceeds the healthy maximum of 8. It has increased from 7.86 (Mar 24) to 8.56, marking an increase of 0.70.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 6.11. This value is below the healthy minimum of 20. It has increased from 2.84 (Mar 24) to 6.11, marking an increase of 3.27.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 4.61. This value is below the healthy minimum of 20. It has increased from 2.48 (Mar 24) to 4.61, marking an increase of 2.13.
- For Earning Retention Ratio (%), as of Mar 25, the value is 93.89. This value exceeds the healthy maximum of 70. It has decreased from 97.16 (Mar 24) to 93.89, marking a decrease of 3.27.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 95.39. This value exceeds the healthy maximum of 70. It has decreased from 97.52 (Mar 24) to 95.39, marking a decrease of 2.13.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.90. This value is within the healthy range. It has decreased from 4.96 (Mar 24) to 3.90, marking a decrease of 1.06.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.73. This value is below the healthy minimum of 3. It has decreased from 3.84 (Mar 24) to 2.73, marking a decrease of 1.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,466.03. It has decreased from 1,937.66 (Mar 24) to 1,466.03, marking a decrease of 471.63.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.37. This value is below the healthy minimum of 1. It has decreased from 0.47 (Mar 24) to 0.37, marking a decrease of 0.10.
- For EV / EBITDA (X), as of Mar 25, the value is 7.77. This value is within the healthy range. It has increased from 6.71 (Mar 24) to 7.77, marking an increase of 1.06.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.35. This value is below the healthy minimum of 1. It has decreased from 0.47 (Mar 24) to 0.35, marking a decrease of 0.12.
- For Retention Ratios (%), as of Mar 25, the value is 93.88. This value exceeds the healthy maximum of 70. It has decreased from 97.15 (Mar 24) to 93.88, marking a decrease of 3.27.
- For Price / BV (X), as of Mar 25, the value is 1.12. This value is within the healthy range. It has decreased from 1.67 (Mar 24) to 1.12, marking a decrease of 0.55.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.35. This value is below the healthy minimum of 1. It has decreased from 0.47 (Mar 24) to 0.35, marking a decrease of 0.12.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 24) to 0.05, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Gandhar Oil Refinery (India) Ltd:
- Net Profit Margin: 2.14%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 11.24% (Industry Average ROCE: 22.82%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 6.47% (Industry Average ROE: 17.8%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.73
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.01
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 17.8 (Industry average Stock P/E: 16.46)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.14
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.14%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Lubricants | DLH Park, 18th Floor, Mumbai Maharashtra 400062 | investor@gandharoil.com http://www.gandharoil.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ramesh Babulal Parekh | Chairman & Managing Director |
| Mr. Samir Ramesh Parekh | Vice Chairman & Jt Manag. Dir. |
| Mr. Aslesh Ramesh Parekh | Joint Managing Director |
| Mr. Raj Kishore Singh | Independent Director |
| Ms. Amrita Nautiyal | Independent Director |
| Mrs. Deena Asit Mehta | Independent Director |
FAQ
What is the intrinsic value of Gandhar Oil Refinery (India) Ltd?
Gandhar Oil Refinery (India) Ltd's intrinsic value (as of 26 October 2025) is 119.75 which is 12.59% lower the current market price of 137.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,341 Cr. market cap, FY2025-2026 high/low of 245/128, reserves of ₹1,217 Cr, and liabilities of 1,959 Cr.
What is the Market Cap of Gandhar Oil Refinery (India) Ltd?
The Market Cap of Gandhar Oil Refinery (India) Ltd is 1,341 Cr..
What is the current Stock Price of Gandhar Oil Refinery (India) Ltd as on 26 October 2025?
The current stock price of Gandhar Oil Refinery (India) Ltd as on 26 October 2025 is 137.
What is the High / Low of Gandhar Oil Refinery (India) Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Gandhar Oil Refinery (India) Ltd stocks is 245/128.
What is the Stock P/E of Gandhar Oil Refinery (India) Ltd?
The Stock P/E of Gandhar Oil Refinery (India) Ltd is 17.8.
What is the Book Value of Gandhar Oil Refinery (India) Ltd?
The Book Value of Gandhar Oil Refinery (India) Ltd is 126.
What is the Dividend Yield of Gandhar Oil Refinery (India) Ltd?
The Dividend Yield of Gandhar Oil Refinery (India) Ltd is 0.36 %.
What is the ROCE of Gandhar Oil Refinery (India) Ltd?
The ROCE of Gandhar Oil Refinery (India) Ltd is 10.6 %.
What is the ROE of Gandhar Oil Refinery (India) Ltd?
The ROE of Gandhar Oil Refinery (India) Ltd is 6.65 %.
What is the Face Value of Gandhar Oil Refinery (India) Ltd?
The Face Value of Gandhar Oil Refinery (India) Ltd is 2.00.

