GP Petroleums Limited
NSE: GULFPETRO · Lubricants · sector
₹65.36NSE close 2026-10-26
Key numbers
Market cap₹333 cr
Price₹65.36
52w high / low₹73 / ₹23
P/E8.2xSector median 10.6x
P/B0.9xSector median 2.1x
Book value₹69.6
Dividend yield–Sector median 0.64%
ROE11.9%Sector median 23.5%
ROCE15.1%Sector median 28.5%
OPM7.6%Sector median 11.2%
Debt / equity0.06xSector median 0.05x
EV/EBITDA6.4xSector median 7.9x
Interest cover32.6x
Current ratio4.69x
Sales growth 3y-6.7%Sector median +6.3%
Profit growth 3y+1.7%Sector median +1.7%
PEG4.94x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 8 companies in Lubricants (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹20 cr (FY26): borrowings are higher by ₹14 cr.
- Operating profit covered interest 32.6x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 4.18 percentage points in a year, to 37.05% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY23).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 16% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹65.36 on 2026-10-26: -10.1% from the 52-week high, +181.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹84.94 · low ₹25.88
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 136 | 182 | 158 | 152 | 169 | 163 | 230 |
| EBITDA | 8 | 9 | 13 | 9 | 8 | 7 | 11 | 28 |
| OPM % | 6.1% | 6.8% | 6.9% | 6.0% | 5.3% | 3.9% | 6.9% | 12.3% |
| Other income | 0 | 1 | 0 | 1 | 1 | 2 | 2 | 1 |
| Net profit | 5 | 7 | 9 | 6 | 5 | 5 | 9 | 21 |
| EPS (₹) | 0.95 | 1.31 | 1.69 | 1.26 | 1.07 | 1.03 | 1.83 | 4.04 |
| Revenue YoY | +21.6% | +24.5% | -10.8% | +45.6% | ||||
| Profit YoY | +12.8% | -21.4% | +8.2% | +219.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 718 | 790 | 655 | 609 | 643 | 714 |
| EBITDA | 30 | 36 | 40 | 39 | 36 | 54 |
| Net profit | 19 | 25 | 28 | 26 | 26 | 41 |
| EPS (₹) | 3.71 | 4.94 | 5.44 | 5.16 | 5.19 | 7.97 |
| Revenue growth | +10.2% | -17.1% | -7.0% | +5.5% | +18.8% | |
| Profit growth | +33.0% | +10.0% | -5.0% | +0.6% | +52.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -6.7% | +1.1% | +18.8% |
| Net profit | +1.7% | +8.4% | +52.8% |
| EPS | +1.7% | +8.3% | – |
| Share price | – | -6.0% (2y) | +66.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 276 | 303 | 329 | 355 |
| Borrowings | – | 19 | 6 | 24 | 20 |
| Cash & equivalents | – | 0 | 1 | 3 | 6 |
| Total assets | – | 345 | 363 | 405 | 430 |
| Fixed assets | – | 64 | 73 | 69 | 60 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 136 | 143 | 156 | 145 |
| Inventory | – | 85 | 81 | 82 | 90 |
| Payables | – | 21 | 23 | 22 | 28 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 62 | 11 | 55 | -8 | 44 |
| Cash from investing | 15 | 5 | -36 | -6 | -33 |
| Cash from financing | -92 | -17 | -17 | 14 | -8 |
| Capex | 1 | 1 | 12 | 1 | 36 |
| Free cash flow | 62 | 10 | 43 | -9 | 7 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.1% | 9.1% | 8.0% | 7.5% |
| ROCE % | – | 11.5% | 12.1% | 10.4% | 9.9% |
| Debtor days | – | 63 | 80 | 94 | 82 |
| Inventory days | – | 44 | 52 | 58 | 61 |
| Payable days | – | 11 | 15 | 16 | 19 |
| Cash conversion cycle (days) | – | 96 | 117 | 136 | 124 |
| Working capital days | – | 99 | 133 | 159 | 141 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 37.05% |
| FIIs | 0.90% |
| Government | 1.36% |
| Public (non-institutions) | 60.68% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 48.09% | 42.37% | 41.23% | 41.23% | 41.23% | 37.05% | 37.05% | 37.05% |
| Promoter group | % |
|---|---|
| GP Global Apac PTE Ltd | 36.84% |
| Joint Commissioner State TAX Division 2 Ahmedabad | 1.36% |
| Prachi Goel | 0.21% |
| Pallavi Goel | 0.00% |
| Ayush Goel | 0.00% |
| Sudhir Goyel | 0.00% |
| Manan Goel | 0.00% |
| Deepa Goel | 0.00% |
| Ashok Goyel | 0.00% |
| Anita Goyal | 0.00% |
| Swati Goel | 0.00% |
| Vishakha Goel | 0.00% |
| Prerit Goel | 0.00% |
| Public holders above 1% | % |
|---|---|
| Incubit Energy (Singapore) PTE Ltd | 13.89% |
| Bhutra Ventures Private Limited | 1.59% |
34,003 shareholders. Pledged: 0.00% of promoter shares.
Peers in Lubricants
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CASTROLIND | ₹18,870 cr | 17.8x | 9.9x | 57.0% | 75.8% | 24.0% | – | – |
| GULFOILLUB | ₹5,201 cr | 13.8x | 3.4x | 25.0% | 27.3% | 12.1% | +10.6% | 4.64% |
| SOTL | ₹4,723 cr | 11.4x | 2.6x | 23.8% | 31.8% | 10.7% | +6.3% | 0.58% |
| GANDHAR | ₹2,939 cr | 9.8x | 2.2x | 23.3% | 29.8% | 9.3% | – | 0.41% |
| PANAMAPET | ₹2,817 cr | 5.9x | 1.9x | 35.2% | 39.2% | 14.8% | +10.9% | 0.64% |
| VEEDOL | ₹2,166 cr | 9.8x | 2.1x | 22.6% | 23.9% | 11.7% | +5.4% | 4.67% |
| GULFPETRO | ₹333 cr | 8.2x | 0.9x | 11.9% | 15.1% | 7.6% | -6.7% | – |
| GVL | ₹43 cr | 57.2x | 0.5x | 1.6% | 1.8% | 8.9% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Manufacturing | ₹536 cr | 83.4% | ₹38 cr | 7.2% |
| Trading | ₹107 cr | 16.6% | ₹1 cr | 1.3% |
| Unallocated | ₹0 cr | – | ₹5 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-19 | Dividend | Dividend - Re 0.50 Per Share |
| 2024-09-11 | Other | Annual General Meeting |
| 2023-09-07 | Other | Annual General Meeting |
| 2022-09-07 | Other | Annual General Meeting |
| 2020-09-21 | Dividend | Annual General Meeting/Dividend - Rs 0.75 Per Share |
| 2019-09-11 | Dividend | Annual General Meeting/Dividend - Rs 0.75 Per Share |
| 2018-09-12 | Dividend | Annual General Meeting/Dividend Re 0.75 Per Share |
| 2017-09-13 | Dividend | Dividend - Re 0.75 Per Share |
| 2016-09-22 | Dividend | Dividend - Re 0.10/- Per Share |
| 2016-03-22 | Dividend | Interim Dividend - Re 0.40/- Per Share |
| 2015-09-22 | Dividend | Annual General Meeting/ Dividend - Re 0.10/- Per Share |
| 2014-09-23 | Dividend | Annual General Meeting / Dividend - Re 0.01/- Per Share |
| 2013-09-23 | Dividend | Annual General Meeting And Dividend Re.0.01 Per Share |
| 2013-07-09 | Bonus | Bonus 23:19 |
| 2012-09-20 | Dividend | Annual General Meeting And Dividend Re.0.01 Per Share |
| 2011-09-22 | Dividend | Dividend-Re.0.05 Per Share |
| 2010-09-22 | Dividend | Annual General Meeting And Dividend Re.0.01 Per Share |
| 2009-09-23 | Other | Agm/Div-Re.0.05 Per Share |
| 2008-09-24 | Dividend | Agm/Dividend - 5% |
| 2007-09-24 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Energy |
| Industry | Lubricants |
| Sub-industry | Lubricants |
| Symbol | GULFPETRO |
| BSE code | 532543 |
| ISIN | INE586G01017 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.