GANDHAR

The stock has been placed in Additional Surveillance Measure (ASM) list LTASM - I (13).

Gandhar Oil Refinery (India) Ltd.

NSE: GANDHAR

BSE: 544029

Sector: Oil, Gas & Consumable Fuels

Industry Group: Petroleum Products

Industry: Lubricants

310.95+9.0 (+3.00%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

37.8 / 100

Value Score

81.5 / 100

Price Momentum Score

99.2 / 100

QVM Score

92.7 / 100

Key Metrics

Market Cap

3043.86

P/E (TTM)

10.10

P/B

2.25

P/S (TTM)

0.60

EV/EBITDA

6.83

CAPE (5Y)

21.94

ROE (TTM)

10.46

ROCE (TTM)

12.37

ROA (TTM)

6.47

Avg 3Y ROE

10.64

Earnings 3Y CAGR

-10.71

Sales 3Y CAGR

1.30

Sales 5Y CAGR

13.81

Debt/Equity

0.23

Consensus TP

Strong Buy %

Promoter Holding

66.60

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Gandhar Oil Refinery (India) Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and reasonably valued with respect to the industry

PE TTM of 10.1 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is modest at -2.23%

What is P/E Ratio?

Median: 10.33

Value 10.1

6.4924.54

Strong price momentum

Price Momentum score of 99.2 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

99.2 / 100

Moderate ROE but improving trend

The company reported moderate ROE of 10.46% for 12-month ended 30 Jun 2026 but ROE improved by 380 bps from 1 year ago

What is ROE (FY)?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 32.78% for 12-month ended 30 Jun 2026 and the growth was 14.02 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 18.76

Value 32.78

11.84126.2

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 296.65% for 12-month ended 30 Jun 2026 and the growth was 275.37 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.23 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Negative

Low dividend yield

The company has a low dividend yield of 0.24%

What is Dividend yield?

Neutral

Low operating margin but improving trend

The company reported low operating margin of 8.7% for 12-month ended 30 Jun 2026 but operating margin improved by 517 bps from 1 year ago

What is Operating profit margin?

Company's earnings are of moderate quality

Earnings quality score of 55.2 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

55.2 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Gandhar Oil Refinery (India) Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Gandhar Oil Refinery (India) Ltd. Shareholding Pattern

Quarterly breakdown of Gandhar Oil Refinery (India) Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2017	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	87.50	64.63	64.63	64.63	64.63	64.63	64.63	65.01	65.01	65.01	66.18	66.47	66.60
Indian Promoter	87.50	64.63	64.63	64.63	64.63	64.63	64.63	65.01	65.01	65.01	66.18	66.47	66.60
Foreign Promoter	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	14.59	9.14	4.00	2.82	1.86	2.32	1.96	2.20	2.22	0.78	0.23	2.30
Mutual Funds / UTI	0.00	4.68	4.24	2.73	1.62	1.62	1.62	1.62	1.62	1.62	-	-	-
FI/Bank/Insurance	0.00	4.67	1.19	0.28	0.19	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	3.87	2.53	0.53	0.18	0.02	0.62	0.18	0.24	0.17	0.34	0.14	1.27
Other Institutions	0.00	1.37	1.18	0.46	0.84	0.22	0.08	0.17	0.35	0.43	0.43	0.09	1.02
Non-Institution	12.50	20.79	26.24	31.37	32.55	33.51	33.05	33.03	32.79	32.77	33.05	33.30	31.10
Bodies Corporate	0.00	3.10	3.57	3.59	3.68	3.51	3.94	4.43	4.74	4.52	4.51	4.31	2.55
Others (incl. Retail) No. of shareholders	12.50 0	17.69 1,22,253	22.67 1,82,256	27.78 1,80,440	28.87 1,72,015	30.00 1,66,680	29.11 1,52,925	28.60 1,50,093	28.05 1,45,348	28.25 1,41,126	28.54 1,38,078	28.99 1,39,213	28.55 1,33,987

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Gandhar Oil Refinery (India) Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Ramesh Babulal Parekh Promoter and Director	September-2026	Market Purchase (Acquisition) 9th Sep 2026	28.76 %	₹ 264.48	31.00 k	₹ 81.99 lac
Ramesh Babulal Parekh Promoter and Director	September-2026	Market Purchase (Acquisition) 9th Sep 2026	28.74 %	₹ 267.32	19.00 k	₹ 50.79 lac
Ramesh Babulal Parekh Promoter & Director	June-2026	Market Purchase (Acquisition) 11th Jun 2026	28.67 %	₹ 158.86	25.74 k	₹ 40.89 lac
Gandhar Coals & Mines Private Limited Promoter Group	March-2026	Market Purchase (Acquisition) 24th Mar 2026	1.67 %	₹ 132.75	50.00 k	₹ 66.38 lac
Gandhar Coals & Mines Private Limited Promoter Group	February-2026	Market Purchase (Acquisition) 25th Feb 2026	1.67 %	₹ 142.50	2.59 k	₹ 3.69 lac
Gandhar Coals & Mines Private Limited Promoter Group	February-2026	Market Purchase (Acquisition) 20th Feb 2026	1.63 %	₹ 149.51	10.00 k	₹ 14.95 lac
Gandhar Coals & Mines Private Limited Promoter Group	February-2026	Market Purchase (Acquisition) 17th Feb 2026	1.61 %	₹ 146.52	20.00 k	₹ 29.30 lac
Gandhar Coals & Mines Private Limited Promoter Group	February-2026	Market Purchase (Acquisition) 9th Feb 2026	1.59 %	₹ 152.67	25.00 k	₹ 38.17 lac
Gandhar Coals & Mines Private Limited Promoter Group	February-2026	Market Purchase (Acquisition) 5th Feb 2026	1.59 %	₹ 145.52	75.00	₹ 10.91 k
Gandhar Coals & Mines Private Limited Promoter Group	February-2026	Market Purchase (Acquisition) 3rd Feb 2026	1.55 %	₹ 150.17	40.00 k	₹ 60.07 lac

Corporate Actions

History of Gandhar Oil Refinery (India) Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2/share
Record date: 31st Jul 2026Ex-date: 31st Jul 2026
Announced on: 22nd Jul 2026
Dividend₹ 0.75/share
Record date: 30th Jan 2026Ex-date: 30th Jan 2026
Announced on: 23rd Jan 2026
Dividend₹ 0.50/share
Record date: 1st Aug 2025Ex-date: 1st Aug 2025
Announced on: 22nd May 2025
Dividend₹ 0.50/share
Record date: 23rd Aug 2024Ex-date: 23rd Aug 2024
Announced on: 22nd May 2024

Company Profile

Overview of Gandhar Oil Refinery (India) Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Gandhar Oil Refinery (India) Limited is an India-based company, which is engaged in the specialty oil industry. The Company manufactures and trades petroleum products / specialty oils, trading in Non-Coking Coal and provides consignment / del-credere agency services for the sale of polymers to local...

Key personnel

Mr. Indrajit Bhattacharyya

Chief Financial Officer

Mr. Sanjay Bharadwaj

Senior Vice President - Manufacturing, Operations Department at Silvassa Plant

Mr. Binal Shankar Khosla

Compliance Officer, Company Secretary

Mr. Ramesh Babulal ParekhD

Chairman of the Board, Managing Director

Mr. Samir Ramesh ParekhD

Vice Chairman of the Board, Joint Managing Director

Mr. Aslesh Ramesh ParekhD

Joint Managing Director, Executive Director

Mr. Jatin DhamaniD

Additional Whole Time Director

Mr. Shyam Chandrabhan AgrawalD

Additional Non-Executive Independent Director

View all

Incorporated on

07 Oct 1992

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

286

IPO date

30 Nov 2023

Free Float

3,26,52,982

Website

https://gandharoil.com/

Phone no.

+912240635600

Address

18th floor, DLH Park, S.V. Road, MUMBAI, 400062, India

Frequently Asked Questions

What is the current share price of Gandhar Oil Refinery (India) Ltd.?

The current share price of Gandhar Oil Refinery (India) Ltd. is ₹ 310.95 as of 14 Oct 2026.

What is the market capitalisation of Gandhar Oil Refinery (India) Ltd.?

The market capitalisation of Gandhar Oil Refinery (India) Ltd. stands at ₹ 3,043.86 Cr.

What is the PE ratio of Gandhar Oil Refinery (India) Ltd.?

The Price-to-Earnings (PE) ratio of Gandhar Oil Refinery (India) Ltd. is 10.10 as of the latest trailing twelve months data.

What is the ROE and ROCE of Gandhar Oil Refinery (India) Ltd.?

Gandhar Oil Refinery (India) Ltd. has a Return on Equity (ROE) of 10.46% and a Return on Capital Employed (ROCE) of 12.37% as per the latest financial reports.

What is the 52-week high and low of Gandhar Oil Refinery (India) Ltd.?

The 52-week high of Gandhar Oil Refinery (India) Ltd. is - and the 52-week low is -.

What is the dividend yield of Gandhar Oil Refinery (India) Ltd.?

The dividend yield of Gandhar Oil Refinery (India) Ltd. is 0.24% based on the current market price.

What is the FII and DII holding in Gandhar Oil Refinery (India) Ltd.?

Foreign Institutional Investors (FII) hold 1.27%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 28.55% of Gandhar Oil Refinery (India) Ltd. shares.

What sector does Gandhar Oil Refinery (India) Ltd. belong to?

Gandhar Oil Refinery (India) Ltd. operates in the Oil, Gas & Consumable Fuels sector.

What is the beta of Gandhar Oil Refinery (India) Ltd.?

The beta of Gandhar Oil Refinery (India) Ltd. is 0.90, indicating its price volatility relative to the broader market. Over the past 1 year, Gandhar Oil Refinery (India) Ltd. has delivered an absolute return of 122.90%.

What is the RSI of Gandhar Oil Refinery (India) Ltd.?

The 14-day Relative Strength Index (RSI) of Gandhar Oil Refinery (India) Ltd. is 71.74, placing it in the overbought zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Gandhar Oil Refinery (India) Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Gandhar Oil Refinery (India) Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile