Date: July 24, 2026

Financial Performance Summary

Quarterly Results (Q1 FY27 vs Q1 FY26)

  • Revenue from Operations: ₹230.3 crore, up 46% YoY (Q1 FY26: ₹158.2 crore)
  • EBITDA: ₹29.2 crore, nearly tripled from ₹10.0 crore in Q1 FY26
  • EBITDA Margin: 12.7%, significantly improved from 6.4% in Q1 FY26
  • Profit After Tax (PAT): ₹20.6 crore, up 220% YoY (Q1 FY26: ₹6.4 crore)

Sequential Performance (Q1 FY27 vs Q4 FY26)

  • Revenue: Increased from ₹162.7 crore in Q4 FY26 to ₹230.3 crore in Q1 FY27
  • EBITDA (before exceptional items): Improved from ₹14.7 crore to ₹29.2 crore
  • PAT: Increased from ₹9.3 crore to ₹20.6 crore

Dividend Declaration

  • Board of Directors recommended dividend of ₹0.50 per equity share of ₹5 each (10%) for FY26

Performance Drivers

The strong Q1 FY27 performance was driven by:

  • Improved operating margins
  • Better product mix with shift towards higher-margin specialty manufacturing
  • Continued focus on operational efficiencies
  • Disciplined execution and strategic focus on sustainable, profitable growth

Management Commentary

Company's spokesperson stated: "We have commenced FY27 on a strong note, with robust growth in revenue and profitability driven by our continued shift towards higher-margin specialty manufacturing, an improved product mix and disciplined execution. Our strategic decisions and manufacturing-led business model have enabled us to navigate the evolving geopolitical environment with greater resilience while enhancing profitability. We remain focused on operational excellence, strengthening corporate governance and integrating AI-driven solutions to enhance efficiency and decision-making. The dividend announced reflects our confidence in the business and our commitment to delivering consistent long-term value to our shareholders."

Company Background

GP Petroleums Limited is an ISO certified public limited company engaged in:

  • Formulation, manufacturing and marketing of Industrial Lubricants, Automotive Lubricants, Process Oils, Transformer Oils, Greases and other specialties
  • Products marketed under the "IPOL" brand with over five decades of industry presence (founded in 1973)

Manufacturing Capabilities

  • State-of-the-art manufacturing facility at Vasai near Mumbai
  • Base oil storage capacity: 15,000 KL
  • Annual blending capacity: 80,000 KL

Product Compliance

Products comply with various national and international specifications including:

  • API
  • JASO
  • ACEA

Market Presence

  • Strong presence in Industrial Lubricants, Rubber Process Oils and Automotive Lubricants
  • Exports to more than 12 countries
  • Exclusive partnership with Repsol (global Spanish energy major) for manufacturing and distribution of Repsol-branded lubricants in India