Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 162 | 155 | 161 | 166 | 125 | 136 | 183 | 158 | 152 | 169 | 163 | 230 |
| Expenses | 148 | 145 | 151 | 157 | 117 | 127 | 170 | 149 | 144 | 161 | 150 | 202 |
| Operating Profit | 14 | 10 | 10 | 9 | 8 | 9 | 13 | 9 | 8 | 9 | 13 | 28 |
| OPM % | 8% | 6% | 6% | 6% | 6% | 7% | 7% | 6% | 5% | 5% | 8% | 12% |
| Other Income | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 13 | 9 | 10 | 8 | 7 | 9 | 12 | 9 | 7 | 7 | 12 | 28 |
| Tax % | 25% | 26% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 27% | 24% | 25% |
| Net Profit | 10 | 6 | 7 | 6 | 5 | 7 | 9 | 6 | 5 | 5 | 9 | 21 |
| EPS in Rs | 1.87 | 1.27 | 1.39 | 1.21 | 0.95 | 1.31 | 1.69 | 1.26 | 1.07 | 1.03 | 1.83 | 4.16 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 422 | 480 | 519 | 607 | 495 | 610 | 718 | 790 | 655 | 610 | 643 | 714 |
| Expenses | 394 | 450 | 484 | 572 | 467 | 583 | 687 | 752 | 615 | 570 | 604 | 657 |
| Operating Profit | 29 | 31 | 35 | 34 | 28 | 27 | 30 | 39 | 40 | 40 | 39 | 58 |
| OPM % | 7% | 6% | 7% | 6% | 6% | 4.4% | 4.2% | 4.9% | 6% | 6% | 6% | 8% |
| Other Income | 1 | 12 | 1 | 1 | 1 | 1 | -0 | -1 | 2 | 2 | 3 | 3 |
| Interest | 5 | 8 | 7 | 7 | 7 | 1 | 1 | -1 | 0 | 2 | 2 | 2 |
| Depreciation | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 5 | 5 | 4 | 4 |
| Profit before tax | 22 | 31 | 25 | 25 | 19 | 24 | 26 | 35 | 37 | 35 | 35 | 55 |
| Tax % | 37% | 34% | 35% | 36% | 17% | 25% | 28% | 27% | 25% | 26% | 25% | |
| Net Profit | 14 | 20 | 16 | 16 | 16 | 18 | 19 | 25 | 28 | 26 | 26 | 41 |
| EPS in Rs | 2.67 | 4.02 | 3.21 | 3.19 | 3.05 | 3.48 | 3.71 | 4.94 | 5.43 | 5.16 | 5.19 | 8.09 |
| Dividend Payout % | 19% | 19% | 23% | 24% | 25% | 0% | 0% | 0% | 0% | 0% | 10% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 4% | 1% | -7% | 19% | ||
| Compounded Profit Growth | 8% | 10% | 2% | 64% | ||
| Stock Price CAGR | -3% | 2% | 4% | 51% | ||
| Return on Equity | 9% | 9% | 9% | 8% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 104 | 112 | 159 | 171 | 183 | 194 | 208 | 226 | 251 | 278 | 303 | 330 |
| Borrowings | 40 | 118 | 80 | 123 | 135 | 38 | 122 | 35 | 31 | 18 | 33 | 23 |
| Other Liabilities | 61 | 36 | 66 | 89 | 41 | 39 | 41 | 37 | 38 | 43 | 44 | 52 |
| Total Liabilities | 231 | 291 | 330 | 408 | 384 | 297 | 397 | 324 | 345 | 364 | 406 | 430 |
| Fixed Assets | 41 | 46 | 76 | 75 | 72 | 75 | 71 | 65 | 64 | 73 | 69 | 98 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 186 | 244 | 254 | 333 | 312 | 221 | 325 | 259 | 281 | 291 | 337 | 332 |
| Total Assets | 231 | 291 | 330 | 408 | 384 | 297 | 397 | 324 | 345 | 364 | 406 | 430 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -18 | 17 | 29 | -35 | -12 | 111 | -56 | 62 | 11 | 55 | -8 | 44 |
| Cash from Investing Activity | 3 | -7 | 1 | 4 | 0 | -1 | -2 | 15 | 5 | -36 | -6 | -33 |
| Cash from Financing Activity | 11 | -5 | -40 | 33 | 2 | -109 | 71 | -92 | -17 | -17 | 14 | -8 |
| Net Cash Flow | -4 | 5 | -10 | 2 | -10 | 0 | 14 | -14 | -0 | 1 | -1 | 2 |
| Free Cash Flow | -32 | 6 | 38 | -36 | -13 | 109 | -55 | 66 | 16 | 43 | -9 | 8 |
| CFO/OP | -130% | 75% | 113% | -73% | -7% | 416% | -182% | 230% | 56% | 160% | -1% | 134% |
| 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 | 77 | 113 | 97 | 99 | 55 | 59 | 58 | 56 | 63 | 80 | 94 | 82 |
| Inventory Days | 63 | 64 | 72 | 115 | 109 | 69 | 108 | 60 | 44 | 52 | 60 | 63 |
| Days Payable | 54 | 23 | 43 | 51 | 11 | 12 | 13 | 10 | 11 | 15 | 16 | 20 |
| Cash Conversion Cycle | 86 | 154 | 126 | 164 | 153 | 115 | 153 | 105 | 96 | 117 | 137 | 126 |
| Working Capital Days | 60 | 61 | 67 | 75 | 79 | 104 | 82 | 96 | 99 | 132 | 157 | 138 |
| ROCE % | 9% | 13% | 12% | 11% | 10% | 9% | 8% | 9% | 12% | 12% | 11% | 11% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 63.44% | 63.44% | 63.44% | 53.44% | 53.44% | 48.09% | 42.37% | 41.22% | 41.22% | 41.22% | 37.05% | 37.05% |
| FIIs | 0.74% | 0.97% | 0.55% | 0.42% | 0.47% | 0.47% | 0.46% | 0.37% | 0.41% | 0.42% | 0.50% | 0.37% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.36% | 1.36% |
| Public | 35.81% | 35.58% | 36.01% | 46.13% | 46.09% | 51.31% | 57.16% | 58.40% | 58.35% | 58.34% | 61.10% | 61.22% |
| No. of Shareholders | 27,950 | 26,244 | 31,979 | 32,113 | 36,662 | 38,941 | 40,049 | 40,850 | 39,915 | 39,009 | 38,807 | 37,899 |
Fundamentals
Market Cap₹ 314 Cr.
Current Price₹ 60.5
Stock P/E7.22
Book Value₹ 69.6
ROCE10.8 %
ROE8.38 %
Dividend Yield0.83 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)64%
Standalone figures.
Valuation
Market capRs 318 Cr
Enterprise valueRs 336 Cr
P/E (TTM)7.72x
Price to book0.90x
Price to sales0.45x
EV / EBITDA5.53x
EV / EBIT5.91x
EV / sales0.47x
Price to cash flow7.29x
Earnings yield12.95%
Dividend yield0.80%
P/E, 3-year average7.64x
P/B, 3-year average0.64x
P/E, 5-year average8.31x
P/B, 5-year average0.69x
Profitability
Operating margin (excl. other income)6.03%
Operating margin (incl. other income)6.44%
EBITDA margin8.51%
Pre-tax margin7.70%
Net profit margin5.77%
Net margin, latest quarter9.20%
ROE7.74%
ROCE10.02%
ROA6.33%
ROE, 3-year average8.54%
ROCE, 3-year average10.96%
ROA, 3-year average7.00%
ROE, 5-year average8.60%
ROCE, 5-year average10.56%
ROA, 5-year average6.76%
ROIC (approx.)11.43%
Tax rate25.08%
Other income / net worth0.75%
Growth
Sales growth (latest year)5.37%
Profit growth (latest year)0.57%
Sales CAGR, 3 years-6.67%
Sales CAGR, 5 years1.05%
Profit CAGR, 3 years1.67%
Profit CAGR, 5 years8.36%
Sales growth QoQ41.60%
Profit growth QoQ127.12%
Sales growth YoY (latest quarter)45.60%
Profit growth YoY (latest quarter)229.04%
Per share
EPS (TTM)Rs 8.09
EPS (latest year)Rs 5.19
EPS (latest quarter)Rs 4.16
EPS, 3-year averageRs 5.26
EPS, 5-year averageRs 4.89
Book value per shareRs 69.63
Sales per shareRs 140.13
Cash flow per shareRs 8.57
Free cash flow per shareRs 1.57
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout9.63%
Dividend payout, 3-year average9.63%
Dividend payout, 5-year average9.63%
Efficiency
Asset turnover1.49x
Fixed asset turnover6.55x
Inventory turnover6.07x
Inventory days60 days
Debtor days82 days
Debtors turnover4.44x
Creditor days20 days
Cash conversion cycle126 days
Working capital days138 days
Leverage
Total debtRs 23 Cr
Cash and bankRs 6 Cr
Net debtRs 18 Cr
Debt to equity0.07x
Net debt / EBITDA0.29x
Interest coverage31.39x
Owners' fund to total sources82.57%
Debt to assets5.42%
Cash flow
Cash from Operating Activity (latest year)Rs 44 Cr
Cash from Investing Activity (latest year)Rs -33 Cr
Cash from Financing Activity (latest year)Rs -8 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 8 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Cash from ops / profit, 5 years1.32x
Sales to cash flow14.71x
Statement figures
Net sales (TTM)Rs 714 Cr
Net sales (latest year)Rs 643 Cr
Sales (latest quarter)Rs 230 Cr
Operating profit excl. other income (latest year)Rs 39 Cr
Operating profit (latest quarter)Rs 28 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 61 Cr
PBDT (TTM)Rs 59 Cr
Profit before tax (TTM)Rs 55 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 41 Cr
Net profit (latest year)Rs 26 Cr
Net profit (latest quarter)Rs 21 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 543 Cr
Total expenditure (latest year)Rs 604 Cr
Total income (latest year)Rs 645 Cr
Share capitalRs 25 Cr
ReservesRs 330 Cr
Shareholders' fundsRs 355 Cr
Total assetsRs 430 Cr
Net blockRs 98 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 145 Cr
InventoryRs 90 Cr
Other liabilitiesRs 52 Cr
Shares outstanding (crore)5.10
Ownership
Promoter holding37.05% (-4.17 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.7 is at the 11th percentile of its own 9.4-year range
(median 13.4, low 4.7, high 29.5).
P/B 0.90 is at the 29th percentile (median 1.01).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | GULFPETRO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.7% | -2.8% | +1.0 pts |
| 1 month | -7.5% | -6.8% | -0.7 pts |
| 3 months | +61.5% | -7.6% | +69.2 pts |
| 6 months | +160.9% | +0.4% | +160.5 pts |
| 1 year | +53.7% | -9.9% | +63.6 pts |
| 2 years | -26.5% | -13.6% | -12.9 pts |
| 3 years | +14.9% | +14.2% | +0.7 pts |
| 5 years | +13.5% | +27.9% | -14.3 pts |
Red flags
F-score 5 of 8| look | On NSE surveillance On NSE surveillance: ESM |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹230 Cr +45.6% vs Jun 2025.
Net profit ₹21 Cr +250.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Castrol India Ltd | 19,766 | 18.3 | 60.3 % |
| Gulf Oil Lubricants India Ltd | 5,482 | 13.8 | 27.2 % |
| Savita Oil Technologies Ltd | 4,921 | 11.5 | 14.0 % |
| Panama Petrochem Ltd | 2,906 | 6.07 | 19.2 % |
| Gandhar Oil Refinery (India) Ltd | 2,676 | 8.88 | 13.3 % |
| Veedol Corporation Ltd | 2,360 | 10.7 | 24.1 % |
| Arabian Petroleum Ltd | 96 | 8.51 | 18.5 % |
| Greenhitech Ventures Ltd | 47 | 62.4 | 2.48 % |
| Sundrex Oil Company Ltd | 38 | 7.10 | 21.2 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-19 | Dividend - Re 0.50 Per Share | |
| 2024-09-11 | Annual General Meeting | |
| 2023-09-07 | Annual General Meeting | |
| 2022-09-07 | Annual General Meeting | |
| 2020-09-21 | Annual General Meeting/Dividend - Rs 0.75 Per Share | |
| 2019-09-11 | Annual General Meeting/Dividend - Rs 0.75 Per Share | |
| 2018-09-12 | Annual General Meeting/Dividend Re 0.75 Per Share | |
| 2017-09-13 | Dividend - Re 0.75 Per Share | |
| 2016-09-22 | Dividend - Re 0.10/- Per Share | |
| 2016-03-22 | Interim Dividend - Re 0.40/- Per Share | |
| 2015-09-22 | Annual General Meeting/ Dividend - Re 0.10/- Per Share | |
| 2014-09-23 | Annual General Meeting / Dividend - Re 0.01/- Per Share | |
| 2013-09-23 | Annual General Meeting And Dividend Re.0.01 Per Share | |
| 2013-07-09 | Bonus 23:19 | 0.4524 |
| 2012-09-20 | Annual General Meeting And Dividend Re.0.01 Per Share | |
| 2011-09-22 | Dividend-Re.0.05 Per Share | |
| 2010-09-22 | Annual General Meeting And Dividend Re.0.01 Per Share | |
| 2009-09-23 | Agm/Div-Re.0.05 Per Share | |
| 2008-09-24 | Agm/Dividend - 5% | |
| 2007-09-24 | Agm | |
| 2007-02-08 | Interim Dividend-5% Purpose Revised | |
| 2006-09-25 | Agm/Dividend-5% |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1