Financial Performance (Standalone)

Quarterly Comparison (₹ Crores):

  • Revenue from Operations: Q1 FY27: ₹1,320.4 vs Q1 FY26: ₹996.4 (32.5% YoY growth)
  • EBITDA: Q1 FY27: ₹170.4 vs Q1 FY26: ₹126.6 (34.6% YoY growth)
  • EBITDA Margin: Q1 FY27: 12.9% vs Q1 FY26: 12.7% (20 BPS improvement)
  • PAT: Q1 FY27: ₹127.5 vs Q1 FY26: ₹96.7 (31.9% YoY growth)
  • EPS: Q1 FY27: ₹25.8 (not annualized) vs Q1 FY26: ₹19.6

Operational Highlights

  • Achieved 17% YoY lubricants volume growth despite West Asia supply crisis
  • Demonstrated margin resilience despite unprecedented input cost inflation and pricing challenges
  • Ensured uninterrupted supply to OEMs, distributors, and retailers during supply volatility
  • Optimized opportunities to expand customer base during challenging market conditions

Segment Performance

  • B2C: Very encouraging growth across regions led by double-digit growth in PCMO segment
  • OEM Franchise Workshop (FWS): Excellent uptick with high double-digit growth driven by Agri, MCO, and PCMO segments
  • B2B Industrial, Infrastructure, and Mining: Strong double-digit growth supported by addition of new customers
  • Tirex (DC fast charging): Expanding AC and DC charger presence through strategic tie-ups with leading CPOs and construction equipment OEMs
  • ElectreeFi (EV SaaS subsidiary): Building momentum with new customer wins among leading CPOs and strengthening position within EV charging ecosystem

Marketing Updates

Launched 'Dream Beyond, Do Beyond' B2B brand campaign celebrating customer partners who drive growth. The campaign was inspired by customer phrase "Gulf ke log, kaam ke log" reflecting trust in people and service. Campaign film employs advanced AI-driven visual techniques.

Management Commentary

Mr. Ravi Chawla, Managing Director & CEO:

  • Commenced FY27 with strong momentum and record performances
  • Executed with focus and agility despite West Asia crisis and volatile macro environment
  • Growth was all-round across key business segments (B2C, OEM, B2B) with each delivering good double-digit volume growth
  • Reinforced Gulf as trusted and reliable partner ensuring supply security
  • Confident in long-term growth potential and ability to continue outperforming industry

Mr. Manish Gangwal, Whole-Time Director & CFO:

  • Results reflect strength of business fundamentals and disciplined execution
  • Elevated crude prices and constrained raw material availability exerted pressure on input costs
  • Offset headwinds with necessary pricing actions and cost measures
  • Focused on strategic sourcing, supply-chain efficiencies, product portfolio optimization, and operational excellence

Company Background

Gulf Oil Lubricants India Limited (GOLIL) is part of Hinduja Group and Gulf Oil International. Key facts:

  • Comprehensive product portfolio in automotive and industrial lubricants
  • Pan India distribution network for B2C
  • Tie-ups with over 50 OEMs, 1000+ industrial, infrastructure, and institutional clients for B2B
  • Exports to over 25 countries
  • Leading manufacturer and marketer of AdBlue product range
  • Top 5 share in 2-wheeler battery replacement segment
  • Manufacturing facilities in Silvassa and Ennore, Chennai
  • State-of-the-art R&D centre in Ennore
  • Recent investments in Tirex Chargers, Indra Technologies, and ElectreeFi
  • Globally operates in over 100 countries across five continents