analysis

Gandhar Oil Refinery (India) Ltd.

NSE: GANDHAR

BSE: 544029

Sector: Oil, Gas & Consumable Fuels

Industry Group: Petroleum Products

Industry: Lubricants

186.73-0.1 (-0.06%)

3 Jul, 3:30 PM

Overview Analysis

Statements Technicals Forecast Peers Resources News

Summary Recommendation

A summary recommendation on the stock based on our classification and scoring techniques along with analyst recommendations.

StyleBox^TMWhat is StyleBox?

Potential turnaround

The stock is cheap and showing a recent price uptick. A value + momentum play. Potential buy.

Detail >

QVM scoreWhat is QVM score?

61.1 / 100

The stock has moderate QVM score relative to other stocks in the market. Neutral.

Analyst ratingWhat is Analyst rating?

No active sell-side coverage. Recommendations not available.

Technical indicatorsSee all >

78 %

Gandhar Oil Refinery (India) Ltd. on 1D timeframe is bullish for 18 out of 23 technical oscillators and moving averages.

Ratios and Statistics

A look at some key ratios and statistics for the stock. Change tabs to find the relevant ratios. Click on chart icon to view historical analysis of a particular ratio.

	2025 Jul 31	2025 Aug 31	2025 Sept 30	2025 Oct 31	2025 Nov 30	2025 Dec 31	2026 Jan 31	2026 Feb 28	2026 Mar 31	2026 Apr 30	2026 May 31	2026 Jun 30	2026 Jul 03
Multiples
P/E (TTM)	20.01	17.87	17.49	16.37	16.97	20.03	13.79	12.92	10.76	12.77	14.36	16.88	17.21
P/B (latest)	1.30	1.16	1.13	1.06	0.99	1.17	1.14	1.07	0.89	1.05	1.18	1.33	1.35
P/S (TTM)	0.41	0.38	0.37	0.34	0.33	0.38	0.36	0.34	0.28	0.33	0.37	0.42	0.43
CAPE (3Y)	11.70	10.45	10.22	9.57	9.35	11.04	10.71	10.04	8.36	9.92	11.16	15.13	15.43
CAPE (5Y)	12.16	10.86	10.63	9.95	9.72	11.47	11.13	10.44	8.69	10.31	11.60	12.95	13.20
P/E (1Y Forward)	-	-	-	-	-	-	-	-	-	-	-	-	-
P/S (1Y Forward)	-	-	-	-	-	-	-	-	-	-	-	-	-
Yields (%)
Book to Market	0.77	0.86	0.88	0.94	1.01	0.85	0.88	0.94	1.13	0.95	0.84	0.75	0.74
Earnings yield	5.00%	5.60%	5.72%	6.11%	5.89%	4.99%	7.25%	7.74%	9.29%	7.83%	6.96%	5.92%	5.81%
Operating CF yield	-2.04%	-2.28%	-2.33%	-2.49%	1.54%	1.30%	-1.27%	-1.35%	-1.62%	-1.37%	-1.22%	-1.03%	-1.01%
FCFE yield	-7.12%	-7.97%	-8.15%	-8.71%	-8.91%	-7.55%	-7.78%	-8.30%	-9.96%	-8.40%	-7.47%	-6.35%	-6.23%
FCFF yield	-2.67%	-2.96%	-3.02%	-3.20%	-3.17%	-2.74%	-2.81%	-2.98%	-3.49%	-3.01%	-2.71%	-2.37%	-2.32%

Historical Performance

Performance with respect to benchmark. Prices are adjusted for splits, bonus and rights issue.

Show dividend adjusted performance

NIFTY50

NIFTYOILGAS

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Note: Prices are adjusted for splits, bonus and rights issue.

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Performance summary

	GANDHAR	NIFTY50	NIFTYOILGAS

Start Period	30 Nov 2023	30 Nov 2023	30 Nov 2023
End Period	03 Jul 2026	03 Jul 2026	03 Jul 2026
Cumulative Return	-38.05%	20.55%	31.38%
CAGR	-16.88%	7.49%	11.12%
Volatility (ann.)	38.24%	13.73%	21.06%
Max Drawdown	-62.23%	-15.77%	-29.46%
RoMaD	-0.27%	0.47%	0.38%
Sharpe	-0.41	0.32	0.43
Sortino	-0.63	0.45	0.59
Sortino/√2	-0.44	0.31	0.42

Style Analysis

Learn more about stock scores

Scores on value, momentum and quality parameters. Change tabs to compare across market, sector, industry.

Value score

79.3 / 100

↑

Gandhar Oil Refinery (India) Ltd. is undervalued relative to other stocks in the market

What is Value score?

Momentum score

83.3 / 100

↑

Gandhar Oil Refinery (India) Ltd. has high momentum relative to other stocks in the market

What is Momentum score?

Quality score

8.7 / 100

↓

Gandhar Oil Refinery (India) Ltd. has low quality relative to other stocks in the market

What is Quality score?

QVM score

61.1 / 100

–

Gandhar Oil Refinery (India) Ltd. has moderate QVM score with respect to other stocks in the market

What is QVM score?

Scorecard

How to read Scorecard?

A comprehensive scorecard to compare Gandhar Oil Refinery (India) Ltd. on all metrics with other stocks. Access both rank and scores.

	Value	Market (All Stocks in NSE)	Sector (Oil, Gas & Consumable Fuels)	Industry Group (Petroleum Products)	Industry (Lubricants)
Size and Listing
Days since Listing	946.00
Enterprise value	1,997 Cr
Issue Price	169.00
Listing Price	295.40
Market Cap	1,830 Cr
Liquidity
Avg daily turnover 1M	25 Cr
Avg daily volume 1M	13,96,780
Avg daily turnover 3M	17 Cr
Avg daily volume 3M	10,03,230
Bid Ask Spread	0.64%
Delivery Percentage	43.89%
Volume surge ratio	1.44
Ownership
DII Holding %	0.00%
QoQ change DII holding %	0.00%
FII Holding %	0.14%
QoQ change FII holding %	-0.20%
QoQ change Gov holding %	0.00%
Promoter holding %	66.47%
QoQ change Promoter holding %	0.29%
Promoter pledged %	0.00%
Retail Holding %	28.99%
QoQ change Retail holding %	0.45%

Checklist

What is Checklist?

Analyse how the stock fares on some investment checklists created by legendary investors and gurus. Also, build your own custom checklist.

O'Shaughnessy Tiny Titans

Benjamin Graham's Value

Piotroski F-Score

Dreman contrarian value

Peter Lynch Growth/Value

O'Shaugnessy Value

Templeton Growth/Value

Warren Buffet’s Consistent Compounders

John Neff’s contrarian value

Richard Driehaus Momentum Strategy

O'Shaughnessy Tiny Titans

Created by the famous investor James O'Shaugnessy, this screen/checklist aims to find out small-cap stocks with significant growth potential. We look for companies with market capitalization between Rs 500 cr and Rs 1500 cr that are reasonable valued and are in the top 25 percentile momentum as measured by Momentum score.

80.0 / 100

Gandhar Oil Refinery (India) Ltd. passes 4 out of 5 of this checklist's rules

Hits

Market Cap is greater than ₹500 crore

PS TTM is less than 1

One Year Rel Return is greater than 0%

Stock is in top 25.0 percentile, sorted by Price Momentum score in descending order

Misses

Market Cap is less than ₹1500 crore

Frequently Asked Questions

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

The Price-to-Book (PB) ratio of Gandhar Oil Refinery (India) Ltd. is 1.35. It compares the stock's market price to its book value per share.

What is the EV/EBITDA of Gandhar Oil Refinery (India) Ltd.?

The EV/EBITDA of Gandhar Oil Refinery (India) Ltd. is 9.77. This ratio is used to assess the overall value of a company relative to its earnings before interest, taxes, depreciation and amortisation.

What is the debt-to-equity ratio of Gandhar Oil Refinery (India) Ltd.?

The debt-to-equity (D/E) ratio of Gandhar Oil Refinery (India) Ltd. is 0.23. A lower D/E ratio generally indicates a more financially stable company with less leverage.

What is the promoter holding in Gandhar Oil Refinery (India) Ltd.?

Promoters hold 66.47% of Gandhar Oil Refinery (India) Ltd. shares as per the latest quarterly shareholding disclosure.

What is the operating profit margin of Gandhar Oil Refinery (India) Ltd.?

The operating profit margin of Gandhar Oil Refinery (India) Ltd. is -, reflecting how much profit the company earns from its core operations relative to revenue.

What is the net profit margin of Gandhar Oil Refinery (India) Ltd.?

The net profit margin of Gandhar Oil Refinery (India) Ltd. is 2.51%, indicating the percentage of revenue that remains as profit after all expenses.

What is the Sharpely score for Gandhar Oil Refinery (India) Ltd.?

On Sharpely's proprietary scoring system, Gandhar Oil Refinery (India) Ltd. has a Quality Score of 8.7/100, Value Score of 79.2/100 and Price Momentum Score of 82.9/100, with an overall QVM Score of 61.1/100. The quality rating is low, value is high and price momentum is high. Visit the Scorecard and Checklist sections on the Analysis tab for a full breakdown.