Gulf Oil Lubricants India Ltd
GULFOILLUBGulf Oil Lubricants India Ltd
GULFOILLUB![](https://assets.tickertape.in/sector-icons/materials.png)
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Price Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
20.91 | 4.99 | 2.60% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.64 | 3.63 | 1.25% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Gulf Oil Lubricants India Limited is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants, and greases.
Peers
Compare with peersSolar Industries India Ltd
Linde India Ltd
Deepak Nitrite Ltd
Castrol India Ltd
Sumitomo Chemical India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,029.28 | 1,107.14 | 1,358.36 | 1,735.34 | 1,679.04 | 1,704.27 | 2,235.82 | 3,046.23 | 3,369.28 | 3,455.65 | ||||||||||
Raw Materials | 505.84 | 533.73 | 629.39 | 857.54 | 748.62 | 815.22 | 1,191.84 | 1,684.76 | 1,736.92 | 2,941.85 | ||||||||||
Power & Fuel Cost | 2.37 | 2.79 | 3.24 | 4.69 | 4.26 | 4.17 | 4.40 | 5.52 | 5.47 | |||||||||||
Employee Cost | 57.44 | 70.78 | 82.56 | 101.74 | 113.99 | 116.46 | 116.78 | 135.21 | 150.70 | |||||||||||
Selling & Administrative Expenses | 222.53 | 218.55 | 287.81 | 344.18 | 379.00 | 344.01 | 435.07 | 601.70 | 727.41 | |||||||||||
Operating & Other expenses | 64.01 | 83.13 | 93.54 | 114.59 | 111.10 | 107.16 | 158.07 | 229.07 | 259.83 | |||||||||||
EBITDA | 177.09 | 198.16 | 261.82 | 312.60 | 322.07 | 317.25 | 329.66 | 389.97 | 488.95 | 513.80 | ||||||||||
Depreciation/Amortization | 6.04 | 7.25 | 10.43 | 22.36 | 32.70 | 33.87 | 35.72 | 39.61 | 50.74 | 53.08 | ||||||||||
PBIT | 171.05 | 190.91 | 251.39 | 290.24 | 289.37 | 283.38 | 293.94 | 350.36 | 438.21 | 460.72 | ||||||||||
Interest & Other Items | 17.79 | 9.82 | 8.53 | 15.16 | 24.83 | 14.64 | 9.62 | 37.64 | 25.91 | 26.16 | ||||||||||
PBT | 153.26 | 181.09 | 242.86 | 275.08 | 264.54 | 268.74 | 284.32 | 312.72 | 412.30 | 434.56 | ||||||||||
Taxes & Other Items | 52.95 | 63.52 | 84.30 | 97.29 | 62.02 | 68.65 | 73.26 | 80.40 | 104.34 | 108.58 | ||||||||||
Net Income | 100.31 | 117.57 | 158.56 | 177.79 | 202.52 | 200.09 | 211.06 | 232.32 | 307.96 | 325.98 | ||||||||||
EPS | 20.24 | 23.70 | 31.92 | 35.74 | 40.54 | 39.85 | 41.90 | 46.72 | 62.73 | 66.30 | ||||||||||
DPS | 7.00 | 8.50 | 10.50 | 11.50 | 14.00 | 16.00 | 5.00 | 25.00 | 36.00 | 41.00 | ||||||||||
Payout ratio | 0.35 | 0.36 | 0.33 | 0.32 | 0.35 | 0.40 | 0.12 | 0.54 | 0.57 | 0.62 |
Company Updates
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Gulf Oil Lubricants India Ltd | 22.13 | 4.99 | 2.60% |
Solar Industries India Ltd | 112.66 | 27.48 | 0.08% |
Linde India Ltd | 141.40 | 17.70 | 0.17% |
Deepak Nitrite Ltd | 48.48 | 8.15 | 0.26% |
Price Comparison
Compare GULFOILLUB with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.13%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.43%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Gulf Oil Lubricants India Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Baroda BNP Paribas Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2656% | Percentage of the fund’s portfolio invested in the stock 1.17% | Change in the portfolio weight of the stock over the last 3 months 0.81% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/81 (-5) |
Baroda BNP Paribas Manufacturing Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2135% | Percentage of the fund’s portfolio invested in the stock 1.06% | Change in the portfolio weight of the stock over the last 3 months 1.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 45/51 (-1) |
JM Small Cap Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0623% | Percentage of the fund’s portfolio invested in the stock 1.17% | Change in the portfolio weight of the stock over the last 3 months 1.17% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 49/72 (-2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
GULFOILLUB has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 2.60%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹25.97 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
Cash Dividend
Ex DateEx DateSep 5, 2024
Dividend/Share
₹20.00
Ex DateEx Date
Sep 5, 2024
Past Dividends
Cash Dividend
Ex DateEx DateFeb 13, 2024
Dividend/Share
₹16.00
Ex DateEx Date
Feb 13, 2024
Cash Dividend
Ex DateEx DateAug 25, 2023
Dividend/Share
₹25.00
Ex DateEx Date
Aug 25, 2023
Cash Dividend
Ex DateEx DateSep 8, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Sep 8, 2022
Cash Dividend
Ex DateEx DateSep 8, 2021
Dividend/Share
₹9.00
Ex DateEx Date
Sep 8, 2021
Cash Dividend
Ex DateEx DateFeb 16, 2021
Dividend/Share
₹7.00
Ex DateEx Date
Feb 16, 2021
Gulf Oil Lubricants India has allotted 38,241 equity shares under ESOP. With this allotment, the paid up equity share capital has increased to o Rs. 9,84,81,602/- consisting of 4,92,40,801 equity shares of Rs. 2/- each. Powered by Capital Market - Live
Gulf Oil Lubricants India has received upgrade in credit ratings from Infomerics Ratings as under: Long term bank facilities (Rs 15 crore) - IVR A / Stable (upgraded from IVR A- / Stable) Short term bank facilities (Rs 1445 crore) - IVR A1 (upgraded from IVR A2+) Powered by Capital Market - Live
Gulf Oil Lubricants India announced that the 16th Annual General Meeting (AGM) of the company will be held on 12 September 2024.Powered by Capital Market - Live
The headline equity benchmarks traded with substantial gains in early afternoon trade. The Nifty traded above the 24,250 mark. Media shares extended gains for the second consecutive trading session. At 12:26 IST, the barometer index, the S&P BSE Sensex, was up 773.11 points or 0.98% to 79,366.18. The Nifty 50 index gained 277.15 points or 1.16% to 24,269.70. The broader market outperformed the headline indices. The S&P BSE Mid-Cap index added 1.95% and the S&P BSE Small-Cap index gained 1.82%. The market breadth was strong. On the BSE, 2,857 shares rose and 954 shares fell. A total of 110 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 9.39% to 16.98. The Nifty 29 August 2024 futures were trading at 24,299.75, at a premium of 30.05 points as compared with the spot at 24,269.70. The Nifty option chain for the 29 August 2024 expiry showed maximum Call OI of 37 lakh contracts at the 25,000 strike price. Maximum Put OI of 40.8 lakh contracts were seen at 24,000 strike price. Buzzing Index: The Nifty Media index gained 2.04% to 2,048.15. The index rallied 2.19% in two consecutive trading sessions. TV18 Broadcast (up 4.42%), Tips Industries (up 3.65%), PVR Inox (up 3.41%), Network 18 Media & Investments (up 2.44%), Hathway Cable & Datacom (up 2.36%), Nazara Technologies (up 2.34%), Zee Entertainment Enterprises (up 1.8%), Dish TV India (up 1.14%) and Sun TV Network (up 1.08%) advanced. Stocks in Spotlight : Gulf Oil Lubricants India surged 7.29% after the company's consolidated net profit jumped 28.89% to Rs 88.02 crore in Q1 FY25 as compared with Rs 68.29 crore posted in corresponding quarter last year. Revenue from operations increased 9.04% YoY to Rs 885.07 crore during the quarter. Gland Pharma slipped 3.10% after the company's consolidated net profit declined 25.94% to Rs 143.76 crore in Q1 FY25 as compared with Rs 194.10 crore in Q1 FY24. Revenue from operations jumped 15.97% YoY to Rs 1,401.70 crore in Q1 FY25. Powered by Capital Market - Live
Revenue from operations increased 9.04% YoY to Rs 885.07 crore during the quarter. Profit before tax (PBT) climbed 28.8% to Rs 118.20 crore in Q1 FY25 as compared with Rs 91.77 crore in Q1 FY24. EBITDA stood at Rs 116.24 crore during the quarter, registering the growth of 25.28% as compared with Rs 92.78 crore posted in corresponding quarter last year. EBITDA margin expanded by 170 bps to 13.13% during the quarter as against 11.43% in Q1 FY24. The company maintained its EBITDA margin within the guided range of 12-14% as the company increased investment in brand and customer-centric activities. Ravi Chawla, managing director & CEO, Gulf Oil Lubricants India, said, 'Our lubricants volume grew 2x the industry rate and it was evident across major segments, with the B2C and Industrial segment both doing well. This highlights our relentless efforts and reliable performance, setting industry benchmarks. Looking ahead, we aim to drive industry leading volume and revenue growth, generating more resources to invest in our brand and focus on premiumization.We remain confident in the medium to long-term potential of the Indian lubricants sector.With our strong brand, execution capabilities, extensive distribution network and strong relations with our OEM partners and B2B customers, we are well-positioned to capitalize on industry opportunities. We are also committed on capitalizing on opportunities in the EV value chain with our strategic investments in e-mobility space to transform and achieve significant growth in the next 4-5 years.' Manish Gangwal, CFO, Gulf Oil Lubricants India, said, 'Going forward, in-spite of global uncertainties, we remain focussed on margin management through prudent cost controls and improved product/segment mix, enhancing profitability and maximizing shareholder returns. We continue to explore opportunities in EV space, which can be synergistic to our brand, distribution strengths catering to evolving needs of our existing and new customers/consumers. Gulf Oil Lubricants India, part of Hinduja Group and Gulf Oil International, is one of the leading players in the lubricant market in India and has a top 2/3 position in key segments amongst the private sector brands. The company has a wide range of world class-leading products in the automotive and industrial lubricants space catering to B2B and B2C segments with a growing distribution network. The company also has a growing share in the 2-wheeler batteries segment.Powered by Capital Market - Live
Net profit of Gulf Oil Lubricants India rose 26.49% to Rs 86.04 crore in the quarter ended June 2024 as against Rs 68.02 crore during the previous quarter ended June 2023. Sales rose 10.14% to Rs 894.04 crore in the quarter ended June 2024 as against Rs 811.71 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales894.04811.71 10 OPM %12.6911.40 - PBDT126.96102.36 24 PBT113.7691.50 24 NP86.0468.02 26 Powered by Capital Market - Live
Gulf Oil Lubricants India will hold a meeting of the Board of Directors of the Company on 6 August 2024.Powered by Capital Market - Live
Shubham Polyspin Ltd leads losers in ‘B’ group
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Buy Gulf Oil Lubricants; target of Rs 1350: Emkay Global Financial
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 14.19%, vs industry avg of 9.33%
Increasing Market Share
Over the last 5 years, market share increased from 1.98% to 2.85%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.61%, vs industry avg of 3.8%