Gandhar Oil Refinery (India) Limited
295.00
INR
+11.80
(+4.17%)
ISIN
INE717W01049
Return %
Stock
S&P 500
1Y
113.63
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
•
in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Ramesh Babulal Parekh
- Full Time Employees
- 286
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- DLH Park Mumbai MA India 400062
- IPO Date
- Nov 30, 2023
- Website
- gandharoil.com
- Similar Companies
- Business
- Gandhar Oil Refinery (India) Limited manufactures and sells specialty oils and lubricants primarily under its flagship brand Divyol. The company's product portfolio includes white oils, waxes, and petroleum jellies catering to the pharmaceutical, healthcare, plastics, chemical, textile, and fragrance industries; industrial and automotive lubricants serving automobile and industrial machinery sectors; and process and insulating oils, such as transformer oils and rubber processing oils, targeting transformer manufacturers, power generation and distribution businesses, and tire and rubber product manufacturers. The company also operates in the non-coking coal procurement and logistics support services segment for domestic clients. Gandhar Oil operates manufacturing facilities in India and the United Arab Emirates and serves domestic and international markets. Founded in 1983 and headquartered in Mumbai, India, it holds a significant presence in the Indian specialty oil segment. Recent developments include the voluntary liquidation of its wholly-owned subsidiary Gandhar Shipping and Logistics Private Limited and termination plans for its joint venture Texol Oils FZC in Sharjah, UAE. The company secured a significant contract from Bharat Heavy Electricals Limited (BHEL) worth approximately ₹24.60 crore. It discontinued the amalgamation scheme and has been focusing on consolidating operations after these strategic shifts. The company reported a consolidated revenue of ₹10.6 billion and a net profit of ₹398 million for the second quarter of fiscal year 2026. These changes indicate a focus on core operations and strengthening its specialty oils business, while scaling down non-core logistics and joint venture activities. Gandhar Oil remains a leading manufacturer of white oils and specialty lubricants in India, emphasizing healthcare and consumer sectors with a strategic positioning to leverage growing demands in these markets.