GULF OIL LUB. IND. LTD. (GULFOILLUB) financials

GULF OIL LUB. IND. LTD. (GULFOILLUB) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Gulf Oil Lubricants Ltd is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants.[1]It is among the top three lubricant companies in Indiaamong private players.[2]

Market Cap: ₹5,401Cr.
Current Price: ₹1,090
Stock P/E: 13.6
ROE: 24.1%
ROCE: 27.2%
Book Value: ₹316
Dividend Yield: 4.68%
52W High / Low: ₹1,289/864

In Jun 2026, GULF OIL LUB. IND. LTD. (GULFOILLUB) reported sales ₹1,320 Cr and net profit ₹128 Cr.

Annual TTM: sales ₹4,315 Cr, net profit ₹382 Cr.

Shareholding: Promoters 66.80% (Sep 2026), FIIs 8.63% (Sep 2026), DIIs 7.91% (Sep 2026), Government 0.33% (Sep 2026), Public 16.33% (Sep 2026).

GULFOILLUB quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	849	905	915	996	957	998	1,040	1,320
Expenses	742	783	791	870	838	868	905	1,150
Operating Profit	107	122	124	127	118	130	135	170
OPM %	13%	14%	14%	13%	12%	13%	13%	13%
Other Income	23	33	22	22	25	1	25	27
Interest	6	14	10	6	13	13	23	8
Depreciation	11	11	14	14	14	15	16	17
Profit before tax	113	131	123	130	117	104	121	172
Tax %	26%	25%	26%	25%	26%	26%	26%	26%
Net Profit	84	98	92	97	87	77	90	128
EPS in Rs	17.15	19.91	18.58	19.60	17.67	15.63	18.22	25.75
Raw PDF	—	—	—	—	—	—	—	—

GULFOILLUB profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,644	1,652	2,192	2,999	3,284	3,554	3,991	4,315
Expenses	1,357	1,387	1,906	2,656	2,865	3,084	3,481	3,761
Operating Profit	287	265	286	343	419	470	510	554
OPM %	17%	16%	13%	11%	13%	13%	13%	13%
Other Income	35	52	44	47	66	96	74	78
Interest	25	15	10	38	26	35	54	56
Depreciation	33	34	36	40	47	46	59	62
Profit before tax	265	269	284	313	413	486	471	514
Tax %	23%	26%	26%	26%	25%	25%	26%	—
Net Profit	203	200	211	232	308	362	351	382
EPS in Rs	40.42	39.77	41.86	47.39	62.66	73.47	71.04	77.27
Dividend Payout %	35%	40%	12%	53%	57%	65%	72%	—

GULFOILLUB balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	10	10	10	10	10	10	10	10
Reserves	577	751	859	1,033	1,169	1,285	1,454	1,551
Borrowings	283	376	211	390	373	358	455	511
Other Liabilities	273	309	365	399	520	652	724	832
Total Liabilities	1,142	1,447	1,446	1,831	2,072	2,304	2,643	2,904
Fixed Assets	270	280	254	273	277	250	275	286
CWIP	1	1	4	3	3	9	14	16
Investments	5	5	20	36	88	193	191	192
Other Assets	867	1,161	1,168	1,519	1,703	1,851	2,163	2,410
Total Assets	1,142	1,447	1,446	1,831	2,072	2,304	2,643	2,904

GULFOILLUB cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	17	237	194	-24	273	348	423	363
Cash from Investing Activity	-22	17	30	-17	30	-58	49	18
Cash from Financing Activity	-29	5	-277	98	-202	-238	-153	-268
Net Cash Flow	-34	259	-54	57	102	52	320	113
Free Cash Flow	-32	219	185	-48	250	327	389	323
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	38%	112%	94%	18%	107%	107%	117%	96%

GULFOILLUB shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	67.14%	67.14%	67.14%	67.11%	67.11%	67.01%	66.85%	66.80%
FIIs	7.29%	7.52%	8.48%	9.53%	9.22%	8.91%	7.78%	8.63%
DIIs	9.59%	9.53%	7.84%	7.45%	8.13%	8.17%	8.70%	7.91%
Government	0.30%	0.30%	0.30%	0.30%	0.30%	0.33%	0.33%	0.33%
Public	15.67%	15.51%	16.24%	15.61%	15.25%	15.57%	16.32%	16.33%
No. of Shareholders	74,675	85,503	93,151	82,277	78,807	73,350	72,647	72,382

GULFOILLUB key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	32	42	42	56	50	54	48	47
Inventory Days	149	163	175	152	105	104	95	98
Days Payable	86	129	134	86	87	106	109	115
Cash Conversion Cycle	95	76	82	121	68	52	34	30
Working Capital Days	2	-17	18	27	21	16	-3	-5
ROCE %	37%	29%	25%	23%	23%	27%	28%	27%

GULFOILLUBUpdated 18 Oct 2026, 2:38

Gulf Oil Lub. Ind. Ltd.

GULFOILLUBUpdated 18 Oct 2026, 2:38

Market Cap

₹5,401Cr.

Current Price

₹1,090

High / Low

₹1,289/864

Stock P/E

13.6

ROE24.1%

ROCE27.2%

Book Value₹316

Face Value₹2.00

Dividend Yield4.68%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	812	4	719	14	11	92	26	68	13.93
Sep 2023	802	7	702	17	11	99	26	74	15
Dec 2023	817	8	706	17	11	108	26	81	16.45
Mar 2024	853	6	738	18	14	114	25	85	17.37
Jun 2024	885	5	769	17	11	118	26	88	17.89
Sep 2024	849	6	742	23	11	113	26	84	17.15
Dec 2024	905	14	783	33	11	131	25	98	19.91
Mar 2025	915	10	791	22	14	123	26	92	18.58
Jun 2025	996	6	870	22	14	130	25	97	19.6
Sep 2025	957	13	838	25	14	117	26	87	17.67
Dec 2025	998	13	868	1	15	104	26	77	15.63
Mar 2026	1040	23	905	25	16	121	26	90	18.22
Jun 2026	1320	8	1150	27	17	172	26	128	25.75

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	967	18	838	9	5	116	33	77	15.62
Mar 2016	1011	18	852	18	6	153	35	100	20.24
Mar 2017	1087	10	909	20	7	181	35	118	23.69
Mar 2018	1332	9	1097	26	10	243	35	159	31.9
Mar 2019	1706	15	1423	29	22	275	35	178	35.7
Mar 2020	1644	25	1357	35	33	265	23	203	40.42
Mar 2021	1652	15	1387	52	34	269	26	200	39.77
Mar 2022	2192	10	1906	44	36	284	26	211	41.86
Mar 2023	2999	38	2656	47	40	313	26	232	47.39
Mar 2024	3284	26	2865	66	47	413	25	308	62.66
Mar 2025	3554	35	3084	96	46	486	25	362	73.47
Mar 2026	3991	54	3481	74	59	471	26	351	71.04
TTM	4315	56	3761	78	62	514	—	382	77.27

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	66.8%
FIIs	8.63%
DIIs	7.91%
Government	0.33%
Public	16.33%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	71.94%	4.98%	4.03%	0.3%	18.78%
Mar 2024	71.8%	7.08%	5.02%	0.3%	15.8%
Jun 2024	71.76%	5.65%	5.87%	0.3%	16.42%
Sep 2024	67.22%	7.07%	9.55%	0.3%	15.85%
Dec 2024	67.14%	7.29%	9.59%	0.3%	15.67%
Mar 2025	67.14%	7.52%	9.53%	0.3%	15.51%
Jun 2025	67.14%	8.48%	7.84%	0.3%	16.24%
Sep 2025	67.11%	9.53%	7.45%	0.3%	15.61%
Dec 2025	67.11%	9.22%	8.13%	0.3%	15.25%
Mar 2026	67.01%	8.91%	8.17%	0.33%	15.57%
Jun 2026	66.85%	7.78%	8.7%	0.33%	16.32%
Sep 2026	66.8%	8.63%	7.91%	0.33%	16.33%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	10	177	215	162	565	89	8	3	464	565
Mar 2016	10	239	195	205	649	107	2	3	537	649
Mar 2017	10	344	178	206	738	118	29	4	587	738
Mar 2018	10	457	248	313	1029	260	6	4	759	1029
Mar 2019	10	577	283	273	1142	270	1	5	867	1142
Mar 2020	10	751	376	309	1447	280	1	5	1161	1447
Mar 2021	10	859	211	365	1446	254	4	20	1168	1446
Mar 2022	10	1033	390	399	1831	273	3	36	1519	1831
Mar 2023	10	1169	373	520	2072	277	3	88	1703	2072
Mar 2024	10	1285	358	652	2304	250	9	193	1851	2304
Mar 2025	10	1454	455	724	2643	275	14	191	2163	2643
Mar 2026	10	1551	511	832	2904	286	16	192	2410	2904

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	131	1	20	152
Mar 2016	118	-3	-79	36
Mar 2017	134	-10	-59	65
Mar 2018	110	-51	9	68
Mar 2019	17	-22	-29	-34
Mar 2020	237	17	5	259
Mar 2021	194	30	-277	-54
Mar 2022	-24	-17	98	57
Mar 2023	273	30	-202	102
Mar 2024	348	-58	-238	52
Mar 2025	423	49	-153	320
Mar 2026	363	18	-268	113

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	43	38	37	37	32	42	42	56	50	54	48	47
Inventory Days	97	117	103	140	149	163	175	152	105	104	95	98
Days Payable	66	97	91	132	86	129	134	86	87	106	109	115
Cash Conversion Cycle	74	58	48	45	95	76	82	121	68	52	34	30
Working Capital Days	-36	-36	-30	-34	2	-17	18	27	21	16	-3	-5
ROCE %	67%	40%	39%	40%	37%	29%	25%	23%	23%	27%	28%	27%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GULF OIL LUB. IND. LTD. (GULFOILLUB)?

The reported market capitalisation for GULF OIL LUB. IND. LTD. (GULFOILLUB) is ₹5,401Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GULFOILLUB?

The current price shown for GULF OIL LUB. IND. LTD. (GULFOILLUB) on Fincrux is ₹1,090 with a 52-week high/low of ₹1,289/864.

What is the P/E ratio of GULF OIL LUB. IND. LTD. (GULFOILLUB)?

The stock P/E for GULF OIL LUB. IND. LTD. (GULFOILLUB) is 13.6 on Fincrux, with ROE at 24.1% and ROCE at 27.2%.

What were GULFOILLUB latest quarterly results?

For Jun 2026, GULF OIL LUB. IND. LTD. (GULFOILLUB) reported sales ₹1,320 Cr and net profit ₹128 Cr (figures in ₹ crore unless noted).

What are GULFOILLUB annual sales and net profit?

For TTM, GULF OIL LUB. IND. LTD. (GULFOILLUB) shows sales of ₹4,315 Cr and net profit of ₹382 Cr on the Fincrux profit & loss statement.

Who owns GULF OIL LUB. IND. LTD. (GULFOILLUB)?

Latest shareholding for GULF OIL LUB. IND. LTD. (GULFOILLUB) on Fincrux: Promoters 66.80% (Sep 2026), FIIs 8.63% (Sep 2026), DIIs 7.91% (Sep 2026), Government 0.33% (Sep 2026), Public 16.33% (Sep 2026).

Where can I find GULF OIL LUB. IND. LTD. (GULFOILLUB) financials?

GULF OIL LUB. IND. LTD. (GULFOILLUB) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GULFOILLUB balance sheet and cash flow?

Yes. The GULF OIL LUB. IND. LTD. (GULFOILLUB) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 2:38