Q4FY26 · Consolidated

Gandhar reports Rs 37.05 cr consolidated profit in Q4FY26

Operating profit was Rs 63.55 cr, while the 29.40% tax rate reduced profit before tax of Rs 52.48 cr to net profit of Rs 37.05 cr.

Filed 28 Jul 2026, 16:59 IST · after market close · GANDHAR (GANDHAR)

Key takeaways

  • Gandhar reported consolidated Q4FY26 net profit of Rs 37.05 cr, with EPS of Rs 4.16.
  • Operating profit was Rs 63.55 cr on revenue of Rs 1,093.37 cr, implying an operating margin of 5.81%.
  • Other income of Rs 4.20 cr was modest against profit before tax of Rs 52.48 cr, so reported profit was mainly generated by operations.

Q4FY26 profit was led by operating earnings

Gandhar's consolidated revenue was Rs 1,093.37 cr and operating profit was Rs 63.55 cr, leaving an operating margin of 5.81%. Interest of Rs 7.61 cr and depreciation of Rs 7.66 cr reduced operating profit to profit before tax of Rs 52.48 cr. The results were filed after market close.

Tax and below-operating charges shaped net profit

Expenses of Rs 1,029.82 cr absorbed most of the quarter's revenue, while interest and depreciation together further reduced earnings below operating profit. Other income was Rs 4.20 cr, a modest contribution relative to profit before tax. A 29.40% tax rate brought profit after tax to Rs 37.05 cr.

Management points to customized products and portfolio expansion

Management said the company develops customized products in collaboration with customers. The presentation said the company plans to expand its product portfolio. It also described Gandhar as the number-one player in India's white oil market.

Q4FY26 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ4FY26
Revenue₹1,093 cr
Other income₹4 cr
Expenses₹1,030 cr
Operating profit₹64 cr
Operating margin (%)5.81%
Interest₹8 cr
Depreciation₹8 cr
Profit before tax₹52 cr
Tax₹15 cr
Net profit₹37 cr
EPS (₹)₹4.16

What management said

From the company’s own investor presentation. Each point is checked against the source document before it appears here.

New initiatives

  • The company develops customized products with customers through collaboration.
  • The company plans to expand its product portfolio.

Competition

  • The company identifies itself as the number-one player in India's white oil market.

What to watch

  • Whether operating margin moves from the Q4FY26 level of 5.81%.
  • Whether interest remains close to the Q4FY26 charge of Rs 7.61 cr.
  • Whether other income remains modest relative to profit before tax of Rs 52.48 cr.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 28 Jul '26.