- The company reported volume growth at ~10% CAGR in FY17-22
- Total capacity of the company is 140 million litre
Gulf Oil Lubricants is one of the leading private companies in the domestic lubricants business.
Gulf Oil Lubricants is one of the leading private companies in the domestic lubricants business.
Gulf Oil’s profitability was driven by better gross margins YoY.
Commenting on the performance, Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India, said, “I am delighted by the performance of 2nd quarter with the Company delivering Rs 100 crore EBITDA in a single quarter backed by 2x the industry volume growth and improved margins. With a double-digit revenue growth and double-digit volume growth in most segments, the Company is confidently on track to continue its 'ahead of industry' performance and gain market shares. Our brand investments to enhance brand visibility through promotions and increase usage through distribution for consumers and partners continued in the quarter as well. Towards this effort our flagship initiative “Surakshabandhan” resonated strongly with the trucker community, leaving a highly positive impact.
Our strategy to continue to focus on distribution growth in retail will augur well for the segment over the coming quarters/years. The recent developments in geo-political situations in the Middle East along with the ongoing Russia-Ukraine war will continue to require close margin management focus going forward as well. Our robust cash generations enable us to look for opportunities in the emerging fields of EVs and other adjacencies and explore areas where the Gulf can play a key role basis synergy with our current strengths and future strategies”.
CLIENT NAME | DEAL TYPE | ACTION | DATE | AVG. PRICE | QUANTITY | EXCHANGE |
---|---|---|---|---|---|---|
GRANDEUR PEAK GLOBAL TRUST GRANDEUR PEAK GLOBAL CONTRARIAN FUND | Bulk | Purchase | 2023-10-20 | 567.3 | 334589 | BSE |
GRANDEUR PEAK GLOBL TRUST GP EMERGING MARKETS OPPORTUNITIES FUND | Bulk | Purchase | 2023-10-20 | 567.3 | 292958 | BSE |
GRANDEUR PEAK GLOBAL CONTRARIAN FUND | Bulk | Sell | 2023-10-20 | 567.3 | 334589 | BSE |
Financials( ₹ in Cr) | Gulf Oil Lubricants India Ltd | Pidilite Industries Ltd | SRF Ltd | Linde India Ltd | Gujarat Fluorochemicals Ltd |
---|---|---|---|---|---|
Price | 1,043.15 | 2,919.45 | 2,638.90 | 8,390.00 | 3,657.45 |
% Change | 5.57 | -1.05 | 0.75 | 1.76 | -0.36 |
Mcap ₹ Cr | 5,128.96 | 148,485.85 | 78,223.59 | 71,553.28 | 40,177.09 |
Revenue TTM ₹ Cr | 2,999.10 | 11,799.10 | 14,870.25 | 3,135.52 | 5,684.66 |
Net Profit TTM ₹ Cr | 232.30 | 1,288.87 | 2,162.34 | 538.06 | 1,323.05 |
PE TTM | 18.05 | 86.69 | 53.00 | 167.34 | 60.32 |
1 Year Return | 154.49 | 20.58 | 5.56 | 115.26 | 8.89 |
ROCE | 23.39 | 24.24 | 21.98 | 16.29 | 29.38 |
ROE | 20.92 | 18.93 | 22.89 | 14.70 | 27.07 |
Equity Capital: 1,178.43 Cr FV: 2.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 20,210.21 | -2,288.40 |
LAST 3M | 84,754.55 | 29,178.29 |
LAST 6M | 143,739.62 | 78,000.86 |
LAST 12M | 219,616.53 | 194,185.36 |
Date | Action Type | Ratio |
---|---|---|
Feb 13, 2024 | Dividend | 800 |
Aug 25, 2023 | Dividend | 1250 |
Sep 08, 2022 | Dividend | 250 |
Gulf Oil Lubricants India Ltd. (GOLIL) is a part of the Hinduja Group. It manufactures, markets, and trades automotive and non-automotive lubricants and synergy products. It was incorporated in 2008, with its headquarters in Mumbai. The company’s standalone net sales for the June 2022 quarter stood at Rs 706.45 crore, up 69.26% from Rs 417.37 crore in the June 2021 quarter. On 31 October 2022, GOLIL’s market capitalisation was Rs 2,019 crore.
The company is listed on the Bombay Stock Exchange with the code 538567 and on the National Stock Exchange with the code GULFOILLUB.
Gulf Oil International (GOI) is the parent company of Gulf Oil Lubricants India Ltd. It owns the Gulf brand internationally (excluding Spain, Portugal, and the USA). The company supplies to OEMs and other B2B customers directly, including infrastructure, state transport, government undertakings, and mining and fleet customers. Its product range comprises engine oils, greases, gear oils, and specialities for scooters, bikes, cars, tractors, and light and heavy commercial vehicles. The comprehensive product portfolio caters to automotive, marine, and industrial applications, with approvals from bodies such as ACEA, JASO, API, and leading global OEMs.
On 30 September 2022, the company’s shareholding pattern showed a 72.02% promoter stake, 3.64% foreign institutional investor stake, 7.28% domestic institutional investor stake, and 17.07% public stake. The promoter holding belongs to Gulf Oil International (Mauritius) Inc. During the September 2022 quarter, mutual fund holdings decreased from 6.25% to 6.24%, while FII holdings decreased from 3.66% to 3.64%.
The board of directors of Gulf Oil Lubricants India Ltd. comprises Mr Sanjay G Hinduja, Mr Arvind Uppal, Mr Ravi Chawla, Mr Munesh Khanna, Mr Shom Hinduja, and Ms Manju Agarwal. The auditors are Price Waterhouse LLP. As of 30 September 2022, the company’s total number of outstanding shares was 4.90 crores.
On 31 October 2022, Gulf Oil Lubricants India Ltd.’s share price was trading at Rs 411.60 on BSE, and it was trading at Rs 412.75 on NSE. In 52 weeks, the share touched a high price of Rs 617.55 and a low price of Rs 377.60. By trading in Gulf Oil Lubricants India Ltd.’s share, investors earned a six-month return of -3.86% and a one-month return of -29.58%.
The company’s peers include Castrol India, Tide Water Oil, Panama Petrochem Ltd., and Savita Oil Technologies Ltd.
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IN Centre 49/50 12th Road, MIDC Andheri (E), Mumbai, Maharashtra, 400093
Tel | : | 91-022-66487777 |
: | secretarial:gulfoil.co.in; info:gulfoil.co.in | |
Website | : | http://www.gulfoilindia.com |
KFin Techologies Ltd
AGM Date (Month) | : | Sep |
Face Value Equity Shares | : | 2 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 538567 |
NSE Code | : | GULFOILLUB |
Book Closure Date (Month) | : | |
BSE Group | : | B |
ISIN | : | INE635Q01029 |
You can buy Gulf Oil Lubricants India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gulf Oil Lubricants India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 25, 2024 04:03 PM the closing price of Gulf Oil Lubricants India Ltd was ₹ 1,043.15.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 25, 2024 04:03 PM, the market cap of Gulf Oil Lubricants India Ltd stood at ₹ 5,128.96.
The latest PE ratio of Gulf Oil Lubricants India Ltd as of Apr 25, 2024 04:03 PM is 18.05
The latest PB ratio of Gulf Oil Lubricants India Ltd as of Apr 25, 2024 04:03 PM is 0.23
The 52-week high of Gulf Oil Lubricants India Ltd share price is ₹ 1,120.00 while the 52-week low is ₹ 403.20
According to analyst recommendations, Gulf Oil Lubricants India Ltd Share has a “Buy” rating for the long term.