Consolidated Financial Performance

Quarterly Performance (Q4 FY26 vs Q4 FY25 vs Q3 FY26)

  • Revenue from Operations: ₹1,093.4 Cr (Q4 FY26) vs ₹961.7 Cr (Q4 FY25) vs ₹1,177.0 Cr (Q3 FY26)
  • EBITDA: ₹63.6 Cr (Q4 FY26) vs ₹34 Cr (Q4 FY25) vs ₹59.1 Cr (Q3 FY26)
  • PAT: ₹37.0 Cr (Q4 FY26) vs ₹12.3 Cr (Q4 FY25) vs ₹34.4 Cr (Q3 FY26)
  • EPS: ₹4.2 (Q4 FY26) vs ₹1.2 (Q4 FY25) vs ₹3.3 (Q3 FY26)

Annual Performance (FY26 vs FY25)

  • Revenue from Operations: ₹4,241.2 Cr (FY26) vs ₹3,896.9 Cr (FY25)
  • EBITDA: ₹234.5 Cr (FY26) vs ₹175.6 Cr (FY25)
  • PAT: ₹137.2 Cr (FY26) vs ₹83.5 Cr (FY25)
  • EPS: ₹13.8 (FY26) vs ₹8.2 (FY25)

Operational Highlights

Volume Metrics

  • Consolidated Manufacturing Sales Volumes for FY26: 5,45,755 KL
  • Year-over-year volume growth: 9% increase from 5,00,231 KL in FY25

Segment-wise Revenue Breakdown (FY26)

  • PHPO (Pharmaceutical, Health Care, and Performance Oil): 48%
  • Lubricants: 27%
  • Channel Partners: 14.81%
  • PIO (Process Insulating Oil): 10.19%

Management Commentary

Aslesh Parekh, Joint Managing Director, commented on the results:

  • Delivered strong close to FY26 supported by sustained momentum in domestic demand
  • Strategic focus on higher-margin PHPO products
  • Performance achieved despite challenging global environment with macroeconomic pressures
  • Ongoing logistical constraints and volatility from Middle East geopolitical situation
  • Temporary closure of Strait of Hormuz led to sharp increase in oil prices
  • Recorded robust performance across all parameters despite these headwinds

Performance Drivers

  • Q4 FY26 revenue increased 14% year-on-year to ₹1,093 Cr
  • Operational profitability remained robust with EBITDA rising 88% to ₹64 Cr
  • PAT grew 201% to ₹37 Cr
  • Growth supported by favorable product mix and improved operating efficiencies

Outlook

  • Domestic demand environment remains encouraging
  • Anticipated easing of international logistical constraints
  • Stabilizing input costs expected to further support business momentum
  • Confidence in near- to medium-term growth outlook
  • Company remains cautious and watchful

Business Description

Gandhar Oil Refinery (India) Limited is a leading manufacturer of white oils by revenue with growing focus on consumer and healthcare end-industries. The company produces specialty oils and lubricants including White oils, waxes, jellies, automotive oils, industrial oils, transformer oils and rubber processing oils. Products are sold under the flagship brand "Divyol".

Compliance Information

  • Filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Compliance Officer: Binal Shankar Khosla, Company Secretary (Mem. No.: A29802)
  • Press release simultaneously posted on company website at https://gandharoil.com/investor-relations/disclosure-intimation-to-stock-exchanges/