GA
Gandhar Oil Refinery (India) Ltd (GANDHAR)
₹249.65
Mkt cap
₹3,083 Cr
P/E ratio
6.77
P/B
1.43
Div yield
0.64%
ROE
10.50%
ROCE
13.30%
EPS (TTM)
₹36.88
Book value
₹174
52W range
115–319
Sector
Energy
Price history
Previous close
Incorporated in 1992, Gandhar Oil Limited is a prominent manufacturer of white oils that caters to the consumer and healthcare end industries. [1]
NSE GANDHARBSE 544029
Health check
Constructive
ValuationCheap
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−21.72% from high₹250
₹115+117.09% from low₹319
Current
₹249.65
Prev close
₹248.10
Day
+0.62%
Price performance
1D
+0.26%
1W
−15.10%
1M
−9.07%
3M
+14.67%
6M
+77.06%
1Y
+80.74%
YTD
+64.50%
Financials
Revenue, profit & margin
P/E ratio
6.8×
GANDHAR is 34% below the sector median of 10.3×
GANDHAR6.8×
Sector median10.3×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,001 | 1,103 | 939 | 995 | 935 | 1,005 | 962 | 903 | 1,068 | 1,167 | 1,093 | 1,732 | 1,847 | |
| Expenses | 925 | 1,018 | 906 | 934 | 895 | 964 | 928 | 857 | 1,002 | 1,108 | 1,030 | 1,451 | 1,559 | |
| Operating Profit | 76 | 85 | 34 | 60 | 40 | 42 | 34 | 46 | 66 | 59 | 64 | 281 | 288 | |
| OPM % | 8% | 8% | 3.6% | 6% | 4.3% | 4.1% | 3.5% | 5% | 6% | 5% | 6% | 16% | 16% | |
| Other Income | 2 | 2 | 5 | 5 | 2 | 2 | 4 | 3 | 3 | 4 | 4 | 3 | -18 | |
| Interest | 15 | 16 | 14 | 13 | 11 | 10 | 14 | 10 | 10 | 10 | 8 | 13 | 13 | |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | |
| Profit before tax | 58 | 66 | 19 | 46 | 25 | 27 | 17 | 32 | 51 | 45 | 52 | 264 | 248 | |
| Tax % | 18% | 23% | 37% | 29% | 26% | 24% | 27% | 18% | 22% | 24% | 29% | 22% | 25% | |
| Net Profit | 48 | 51 | 12 | 33 | 18 | 20 | 12 | 26 | 40 | 34 | 37 | 206 | 186 | |
| EPS in Rs | 4.91 | 4.83 | 0.93 | 3.15 | 1.86 | 1.98 | 1.19 | 2.68 | 3.68 | 3.31 | 4.16 | 19.65 | 17.87 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202666.65%Promoter
Promoters66.65%0.05
FIIs5.46%4.19
DIIs1.07%0.05
Public26.81%4.29
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Castrol India | ₹188.86 | 18.19 | 18,681 | 4.63% | 176 | −22.58% | 1,735 | +27.30% | 60.27% |
| Gulf Oil Lubric. | ₹1,055.40 | 13.16 | 5,230 | 4.83% | 128 | +31.93% | 1,320 | +32.52% | 27.23% |
| Savita Oil Tech | ₹706.20 | 11.34 | 4,842 | 0.71% | 292 | +395.59% | 1,480 | +49.60% | 13.96% |
| Gandhar Oil Ref. | ₹314.90 | 6.77 | 3,083 | 0.64% | 186 | +426.83% | 1,847 | +72.88% | 13.33% |
| Panama Petrochem | ₹500.20 | 6.32 | 3,026 | 0.60% | 309 | +624.80% | 1,735 | +150.30% | 19.15% |
| Veedol Corporat | ₹1,301.00 | 10.31 | 2,267 | 4.46% | 78 | +56.88% | 609 | +18.49% | 24.09% |
| GP Petroleums | ₹68.21 | 6.52 | 348 | 0.73% | 15 | +179.16% | 341 | +123.66% | 10.84% |
| Median: 8 Co. | ₹407.55 | 10.30 | 3,054 | 0.72% | 152 | +118.02% | 1,400 | +43.29% | 18.80% |
Filings
Annual reports3
Concall transcripts28
PPTOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptJun 2026PPTJun 2026RECJun 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025PPTAug 2025TranscriptMay 2025PPTMay 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024PPTAug 2024TranscriptJun 2024PPTJun 2024TranscriptFeb 2024PPTFeb 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Investor Presentation 27 Oct - Intimation of Investor presentation on financial results for the quarter and half year ended September 30, 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Oct - Gandhar Oil reported Q2 FY27 results: revenue ₹1,847 crore, PAT ₹186 crore, and highest-ever quarterly revenue.Announcement under Regulation 30 (LODR)-Change in Management 27 Oct - Board approved Q2 and H1 FY2026-27 results; appointed Santosh Kumar Singh factory manager, Silvassa, effective October 27, 2026.Un-Audited Financial Results (Standalone & Consolidated) For Quarter And Half Year Ended September 30, 2026. 27 Oct - Board approved Q2/H1 FY27 standalone and consolidated results; appointed Santosh Kumar Singh Silvassa Factory Manager from Oct 27, 2026.Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., Tuesday, October 27, 2026 27 Oct - Board approved Q2 FY2026-27 standalone and consolidated results; appointed Santosh Kumar Singh factory manager from October 27, 2026.

