Gandhar Oil Refinery (India) Limited (GANDHAR) fundamentals

Gandhar Oil Refinery (India) Limited is a listed company in Petroleum Products, part of the Oil Gas & Consumable Fuels sector, listed on the NSE as GANDHAR (ISIN INE717W01049). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Gandhar Oil Refinery (India) Limited does

Gandhar Oil Refinery (India) Limited is an India-based company, which is engaged in the specialty oil industry. The Company manufactures and trades petroleum products / specialty oils, trading in non-coking coal and provides consignment / del-credere agency services for the sale of polymers to local markets. It manufactures white oils and other allied products that have applications in cosmetics, healthcare, and pharmaceuticals. Its products category includes industrial oil, which includes lube oil, hydraulic oil, and spark erosion oil; automotive oil, which includes agricultural oil and CNG engine oil; mineral oil & petroleum jelly, which include spray oil and white petroleum jelly, and rubber process oil. Its products are marketed under the Divyol brand. It operates three manufacturing facilities in Taloja (Maharashtra), Silvassa (Dadra and Nagar Haveli), and Sharjah (UAE). Its subsidiaries include Gandhar Shipping & Logistics Pvt. Ltd., Gandhar Foundation, and Texol Lubritech FZC.

Valuation and market data

Last close₹272.70
Market capitalisation₹2,706 crore
Enterprise value₹2,863 crore
P/E (TTM)19.72
Price to book1.93
Price to sales (TTM)0.33
Book value per share₹141.03
Dividend yield100.84%
SectorOil Gas & Consumable Fuels
IndustryPetroleum Products
Listed sinceThu Nov 30

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹4,255 crore₹181 crore₹137 crore13.83
Mar 2025₹3,910 crore₹114 crore₹84 crore8.18
Mar 2024₹4,123 crore₹210 crore₹165 crore16.27
Mar 2023₹4,103 crore₹272 crore₹214 crore23.86
Mar 2022₹3,569 crore₹225 crore₹164 crore18.42

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters66.6%
Foreign institutions (FII)1.3%
Mutual funds0.0%
Other domestic institutions1.0%
Retail and others31.1%

More on BreakPoint

FundaX company research covers every listed company with reported financials. BreakPoint Pro adds the BreakPoint iQ score, the screener and the multibagger board.

Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.