
GANDHAR OIL REFINE IND L Latest Share Price (GANDHAR)
TODAY IN ONE LINE
GANDHAR edged up 0.5% on light volume, in line with Nifty's -0.3% move.
With a market cap of ₹2,669.17 Cr., it trades at a P/E of 8.86. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
GANDHAR OIL REFINE IND L flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 268.0% YoY
- ●Reasonable ValuationTrading at a moderate P/E of 13.4x
- ●High Promoter HoldingPromoters hold 66.6% skin-in-the-game
- ●Steady Dividend YieldReliable 1.01% dividend yield
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.12x
- ●FII AccumulationFII holding increased by 1.14% QoQ
- ●Promoter BuyingPromoters increased holdings by 0.13% QoQ
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Sales ContractionQuarterly sales dropped 8.1% YoY
- ●Poor Capital ReturnsLow ROE of 9.8%
- ●Rising Receivables vs SalesReceivables grew 41.4% outpacing sales growth of -5.3%
Latest GANDHAR OIL REFINE IND L News
What changed recently?
Recent events, corporate actions, and announcements.
GANDHAR OIL REFINE IND L valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for GANDHAR OIL REFINE IND L, framed against the sector median so the premium or discount is obvious at a glance.
GANDHAR OIL REFINE IND L trades at a P/E of 8.86× and P/B of 1.97×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
GANDHAR OIL REFINE IND L technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for GANDHAR OIL REFINE IND L — derived from the latest tape, not yesterday's close.
GANDHAR OIL REFINE IND L last traded at ₹272.7 with an intraday range of ₹266.55–₹274.95 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹272.70| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 293.05 | +20.35 | +7.46% |
| R3 | 284.65 | +11.95 | +4.38% |
| R2 | 279.80 | +7.10 | +2.60% |
| R1 | 276.25 | +3.55 | +1.30% |
| PIVOT | 271.40 | -1.30 | -0.48% |
| CURRENT | 272.70 | — | — |
| S1 | 267.85 | -4.85 | -1.78% |
| S2 | 263.00 | -9.70 | -3.56% |
| S3 | 259.45 | -13.25 | -4.86% |
| S4 | 251.05 | -21.65 | -7.94% |
GANDHAR is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: ₹266.55–₹272
Trading Inside opening range
GANDHAR OIL REFINE IND L financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for GANDHAR OIL REFINE IND L — consolidated or standalone — with margins, YoY growth and key ratios inline.
GANDHAR OIL REFINE IND L reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,669.17 Cr. and reported EPS of ₹18.27.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 3,897 | 4,241 ▲ 8.8% |
| Sales Growth YoY %Derived | -5.26% | 8.83% |
| Other Income | 13 | 13 ▲ 3.2% |
| Total Income | 3,910 | 4,255 ▲ 8.8% |
| 3,470 | 3,754 ▲ 8.2% | |
| Gross ProfitDerived | 427 | 487 ▲ 14.0% |
| Gross Margin %Derived | 10.96% | 11.49% |
| 251 | 253 ▲ 0.5% | |
| EBITDA (Operating Profit)Derived | 176 | 234 ▲ 33.5% |
| OPM %Derived | 4.51% | 5.53% |
| 74 | 67 ▼ 9.2% | |
| Profit Before Tax (PBT) | 114 | 180 ▲ 57.8% |
| 31 | 43 ▲ 40.8% | |
| Effective Tax %Derived | 26.88% | 23.99% |
| Total Profit for Period | 83 | 137 ▲ 64.4% |
| Less: Non-controlling Interests | 3 | 2 ▼ 45.7% |
| Net Profit (Owner's PAT)Derived | 80 | 135 ▲ 69.1% |
| Net Profit Margin %Derived | 2.05% | 3.19% |
| PAT Growth YoY %Derived | -43.05% | 69.14% |
| Earnings Per Share (EPS ₹) | 8.18 | 13.83 ▲ 69.1% |
| Diluted Shares Outstanding (Cr) | 10 | 10 ▲ 0.0% |
| Share of Profit from Associates/JVs | -0 | 0 ▲ 196.5% |
| Other Comprehensive Income (Net of Tax) | -4 | -14 ▼ 224.0% |
| Total Expenses (incl. D&A & Interest) | 3,796 | 4,074 ▲ 7.3% |
| Material Cost % of RevenueDerived | 87.85% | 87.70% |
| Employee Cost % of RevenueDerived | 1.36% | 1.40% |
| Other Cost % of RevenueDerived | 5.09% | 4.55% |
| Interest Coverage (x)Derived | 3.09x | 5.44x |
| Period | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|
| Revenue from Operations | 4,113 | 3,897 ▼ 5.3% | 4,241 ▲ 8.8% | |
| Sales Growth YoY %Derived | — | -5.26% | 8.83% | |
| Other Income | 10 | 13 ▲ 31.4% | 13 ▲ 3.2% | |
| Total Income | 4,123 | 3,910 ▼ 5.2% | 4,255 ▲ 8.8% | |
3,620 | 3,470 ▼ 4.2% | 3,754 ▲ 8.2% | ||
| Gross ProfitDerived | 493 | 427 ▼ 13.4% | 487 ▲ 14.0% | |
| Gross Margin %Derived | 11.99% | 10.96% | 11.49% | |
214 | 251 ▲ 17.4% | 253 ▲ 0.5% | ||
| EBITDA (Operating Profit)Derived | 279 | 176 ▼ 37.0% | 234 ▲ 33.5% | |
| OPM %Derived | 6.78% | 4.51% | 5.53% | |
78 | 74 ▼ 5.1% | 67 ▼ 9.2% | ||
| Profit Before Tax (PBT) | 210 | 114 ▼ 45.6% | 180 ▲ 57.8% | |
45 | 31 ▼ 31.7% | 43 ▲ 40.8% | ||
| Effective Tax %Derived | 21.39% | 26.88% | 23.99% | |
| Total Profit for Period | 165 | 83 ▼ 49.5% | 137 ▲ 64.4% | |
| Less: Non-controlling Interests | 25 | 3 ▼ 86.0% | 2 ▼ 45.7% | |
| Net Profit (Owner's PAT)Derived | 141 | 80 ▼ 43.0% | 135 ▲ 69.1% | |
| Net Profit Margin %Derived | 3.42% | 2.05% | 3.19% | |
| PAT Growth YoY %Derived | — | -43.05% | 69.14% | |
| Earnings Per Share (EPS ₹) | 14.36 | 8.18 ▼ 43.0% | 13.83 ▲ 69.1% | |
| Diluted Shares Outstanding (Cr) | 10 | 10 ▲ 0.0% | 10 ▲ 0.0% | |
| Share of Profit from Associates/JVs | — | -0 | 0 ▲ 196.5% | |
| Other Comprehensive Income (Net of Tax) | -3 | -4 ▼ 28.7% | -14 ▼ 224.0% | |
| Total Expenses (incl. D&A & Interest) | 3,913 | 3,796 ▼ 3.0% | 4,074 ▲ 7.3% | |
| Material Cost % of RevenueDerived | 85.89% | 87.85% | 87.70% | |
| Employee Cost % of RevenueDerived | 1.38% | 1.36% | 1.40% | |
| Other Cost % of RevenueDerived | 3.83% | 5.09% | 4.55% | |
| Interest Coverage (x)Derived | 4.44x | 3.09x | 5.44x |
GANDHAR OIL REFINE IND L segment analysis : revenue and profit mix.
Disclosed business segments at GANDHAR OIL REFINE IND L with their share of revenue and profit, switchable between consolidated and standalone reporting.
GANDHAR OIL REFINE IND L discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for GANDHAR OIL REFINE IND L.
Our AI distills the core fundamental drivers supporting GANDHAR OIL REFINE IND L, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
GANDHAR OIL REFINE IND L's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Stable promoter holding of 66.47% demonstrates strong founder commitment and governance alignment
Exceptionally low debt-to-equity ratio of 0.0012x provides exceptional financial flexibility and minimal leverage risk
Latest quarterly EPS grew 248.5% YoY despite revenue headwinds, showing earnings recovery momentum
Attractive P/E of 12.71x TTM trades below sector peers, offering valuation discount opportunity
Operating margin of 4.82% TTM indicates profitability within specialty oils sector context
Key Risks.
Latest quarterly revenue declined 9.23% YoY, signaling demand weakness in core markets
Latest quarterly profit fell 14.90% YoY, indicating earnings volatility and margin pressure
Operating cash flow negative ₹5.72 Cr in FY25, raising liquidity and cash conversion concerns
Dividend yield of 1.21% remains low, limiting appeal for income-focused investors
FII holdings collapsed from 3.87% to 0.17%, signaling sharp foreign investor exit and confidence loss
Flip Conditions.
Valuation risk. a P/E above 12 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
GANDHAR OIL REFINE IND L peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — GANDHAR OIL REFINE IND L is highlighted for quick read-across.
Quick Compare
GANDHAR OIL REFINE IND L chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for GANDHAR OIL REFINE IND L — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
GANDHAR OIL REFINE IND L delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for GANDHAR OIL REFINE IND L over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in GANDHAR OIL REFINE IND L stood at 46.9% of traded volume, against a 20-day average of 44.7%.
GANDHAR OIL REFINE IND L announcements: results, concalls, ratings, M&A.
Filings GANDHAR OIL REFINE IND L sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
GANDHAR OIL REFINE IND L files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 110 documents below.
Shareholders meeting
Gandhar Oil Refinery (India) Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 11, 2026.…
Shareholders meeting
Gandhar Oil Refinery (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 11, 2026
Agreements
Gandhar Oil Refinery (India) Limited has informed the Exchange that in continuation to intimation 26th May, 2026, 13th August, 2026 and pursuant to…
Analysts/Institutional Investor Meet/Con. Call Updates
Gandhar Oil Refinery (India) Limited has informed the Exchange about Schedule of meet
Credit Rating- Others
Gandhar Oil Refinery (India) Limited has informed the Exchange that pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI…
Investor decks & rating reports.
GANDHAR OIL REFINE IND L dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue GANDHAR OIL REFINE IND L has declared, sequenced by announce and record date.
GANDHAR OIL REFINE IND L corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
GANDHAR OIL REFINE IND L insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in GANDHAR OIL REFINE IND L as reported to SEBI — buying and selling signals from the people who know the business best.
GANDHAR OIL REFINE IND L insider activity below tracks 7 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Gandhar Coals & Mines Private Limited | Insider | 20 Mar 2026 | buy | +50.0 K | ₹66.38 L | ₹132.75 |
| Gandhar Coals & Mines Private Limited | Insider | 20 Mar 2026 | buy | +50.0 K | ₹66.38 L | ₹132.75 |
| Gandhar Coals & Mines Private Limited | Insider | 20 Mar 2026 | buy | +50.0 K | ₹66.38 L | ₹132.75 |
| Gandhar Coals & Mines Private Limited | Insider | 20 Mar 2026 | buy | +50.0 K | ₹66.38 L | ₹132.75 |
| Gandhar Coals & Mines Private Limited | Insider | 20 Mar 2026 | buy | +50.0 K | ₹66.38 L | ₹132.75 |
| Ramesh Babulal Parekh | Insider | 20 Mar 2025 | buy | +1.24 L | ₹1.76 Cr. | ₹141.69 |
| Ramesh Babulal Parekh and Mrs. Sunita Rameshkumar Parekh | Insider | 20 Mar 2025 | buy | +1.24 L | ₹1.76 Cr. | ₹141.69 |
About GANDHAR OIL REFINE IND L: business, sector, key facts.
What GANDHAR OIL REFINE IND L does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
GANDHAR OIL REFINE IND L operates in the Lubricants industry under the Oil Gas & Consumable Fuels sector, listed as NSE: GANDHAR, BSE: 544029.

Gandhar Oil Refinery (India) Limited is primarily engaged in the manufacturing and sale of white oils, a key component across diverse sectors. Their primary focus lies in supplying the consumer and healthcare industries within India, providing white oils, waxes, and jellies tailored to their specific needs. This core business constitutes a significant portion of their overall operations and revenue streams.
Beyond their white oil production, Gandhar offers a broader range of petroleum-based products. This includes lubricants, catering to both automotive and industrial applications. Their lubricant portfolio encompasses automotive oils for vehicles and industrial oils designed for machinery and equipment across various industries. They also produce process and insulating oils, specifically transformer oils crucial for transformer manufacturers, power generation and distribution companies, and the tire and rubber production sector.
The company's activities extend beyond the direct manufacturing and sale of petroleum products. Gandhar is involved in the trading of non-coking coal, a significant raw material in many industrial processes. This diversification allows them to participate in various stages of the supply chain, potentially offering cost advantages and enhanced market reach. Furthermore, the company provides logistics services, facilitating the efficient transportation and handling of cargo, supporting both their own operations and potentially external clients.
In addition to their core manufacturing and trading activities, Gandhar engages in several ancillary business ventures. These include acting as a consignment and del-credere agent, indicating involvement in facilitating sales transactions and managing associated financial risks for other entities. They also participate in the sale of polymer products, adding another layer of diversification to their overall business model and contributing to revenue generation across multiple market segments.
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Questions investors ask about GANDHAR OIL REFINE IND L (GANDHAR).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of GANDHAR OIL REFINE IND L (GANDHAR)?
The current share price of GANDHAR OIL REFINE IND L (GANDHAR) is ₹272.70. Today, the stock has gained by ₹1.40 (0.52%), trading in a range of ₹266.55 to ₹274.95. The stock opened at ₹271.30 with a trading volume of 7,48,277 shares.
02Is GANDHAR OIL REFINE IND L stock a good investment for long-term?
GANDHAR OIL REFINE IND L can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,669.17 Cr., P/E ratio of 8.86, ROE of 9.81%, and ROCE of 10.76%. The dividend yield stands at 1.01%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of GANDHAR OIL REFINE IND L stock?
The 52-week high price of GANDHAR OIL REFINE IND L (GANDHAR) is ₹303.17, while the 52-week low is ₹115.00. Currently trading at ₹272.70, the stock is 137.13% above its 52-week low and 10.05% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy GANDHAR OIL REFINE IND L stock at the current price?
Whether to buy GANDHAR OIL REFINE IND L stock at ₹272.70 depends on multiple factors. The stock is currently trading with a P/E ratio of 8.86 and P/B ratio of 1.97. Today's performance shows a gain of 0.52%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of GANDHAR OIL REFINE IND L and when is the next dividend?
GANDHAR OIL REFINE IND L offers a dividend yield of 1.01%, which means for every ₹100 invested at the current price of ₹272.70, you can expect to receive approximately ₹1.01 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of GANDHAR OIL REFINE IND L?
GANDHAR OIL REFINE IND L's key financial metrics include: P/E Ratio: 8.86, P/B Ratio: 1.97, ROE: 9.81%, ROCE: 10.76%, Dividend Yield: 1.01%, EPS: ₹18.27, Book Value: ₹142.99, and Debt-to-Equity: 0.12. The company's market cap stands at ₹2,669.17 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is GANDHAR OIL REFINE IND L stock performing today in the market?
GANDHAR OIL REFINE IND L stock opened at ₹271.30 and is currently trading at ₹272.70, showing a gain of ₹1.40 (0.52%). The intraday high is ₹274.95 and low is ₹266.55. The trading volume stands at 7,48,277 shares, indicating moderate market participation today.
08What is the P/E ratio of GANDHAR OIL REFINE IND L and what does it indicate?
GANDHAR OIL REFINE IND L has a Price-to-Earnings (P/E) ratio of 8.86, which means investors are willing to pay 8.86 for every ₹1 of earnings. With an EPS of ₹18.27, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about GANDHAR OIL REFINE IND L (GANDHAR) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.