	2020 Mar 31	2021 Mar 31	2022 Mar 31	R 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M PR	12M PR	12M PR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	2,504	2,221	3,543	4,079	4,113	3,897	4,241
Cost of Operating Revenue	2,185	1,945	3,071	3,573	3,640	3,504	3,784
Gross Profit	319	276	472	506	473	393	457
Gross Margin	12.7	12.4	13.3	12.4	11.5	10.1	10.8
Total Operating Expenses	2,428	2,096	3,302	3,780	3,854	3,751	4,037
Operating Profit	76	125	242	299	259	146	205
Operating Margin	3.0	5.6	6.8	7.3	6.3	3.7	4.8
Financing Income/(Expense) - Net	-67	-29	-29	-52	-58	-34	-38
Profit before Taxes	13	120	225	272	210	114	181
Income Taxes	3	20	62	58	45	31	43
Profit after Tax	10	100	147	191	141	80	135
PAT Margin	0.4	4.5	4.2	4.7	3.4	2.1	3.2
EPS - Basic - ex Extraordinary Items	1.01	10.25	15.06	23.86	14.36	8.18	13.85
EPS - Diluted - ex Extraordinary Items	1.01	10.25	15.06	23.86	14.36	8.18	13.83
EBIT	76	125	242	299	259	146	205
EBITDA	86	137	257	316	279	172	234
EBITDA Margin	3.4	6.1	7.2	7.8	6.8	4.4	5.5

Balance Sheet

Abridged

Understanding Balance Sheet

Gandhar Oil Refinery (India) Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2020 Mar 31	2021 Mar 31	2022 Mar 31	R 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	PR	PR	PR	AR	AR	AR	PRESS
Total Current Assets	892	975	1,062	1,255	1,552	1,489	1,673
Long-Term Investments	6	5	16	63	16	5	22
Property Plant & Equipment - Net	103	106	231	308	367	456	525
Total Non-Current Assets	116	126	257	377	388	470	552
Total Assets	1,008	1,101	1,318	1,632	1,940	1,959	2,225
Total Current Liabilities	632	629	693	781	616	512	641
Long Term Debt	28	24	62	69	94	147	172
Total Non-Current Liabilities	30	27	64	72	100	158	185
Total Liabilities	662	656	758	853	716	670	826
Total Shareholders' Equity	346	445	541	743	1,172	1,236	1,352
Minority Interest	-	-	20	35	51	53	47
Total Equity	346	445	561	778	1,224	1,289	1,400
Total Liabilities & Equity	1,008	1,101	1,318	1,632	1,940	1,959	2,225

Cash Flow

Abridged

Understanding Cash Flow Statement

Gandhar Oil Refinery (India) Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2020 Mar 31	2021 Mar 31	2022 Mar 31	C 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M PR	12M PR	12M PR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	41.09	128.65	179.98	207.70	177.27	103.71	159.74
Working Capital - Increase/(Decrease)	-27.41	-51.07	-52.50	-166.71	-301.51	-136.38	-71.97
Net CF from Operating Activities	13.68	77.58	127.48	40.99	-124.24	-32.67	87.77
Capital Expenditures - Net	16.70	10.44	115.63	55.66	55.31	57.64	79.76
Net CF from Investing Activities	-15.65	-17.65	-108.51	-81.30	-74.72	-59.25	-72.40
Dividends Paid - Cash - Total	-	-	-	-	4.00	4.89	12.23
Stock - Issuance/(Retirement) - Net	-	-	-	-	302.00	0.16	-
Debt - LT & ST - Issuance/(Retirement) - Total	11.51	-55.31	73.20	7.72	30.40	-23.76	-15.03
Net Cash Flow from Financing Activities	4.31	-55.31	27.60	27.47	223.54	71.08	-37.80
Free Cash Flow to Equity	8.49	11.82	85.05	-6.95	-149.16	-114.06	-7.02
Free Operating CF net dividend	-3.02	67.14	11.85	-14.66	-183.55	-95.20	-4.22
Free Operating CF	-3.02	67.14	11.85	-14.66	-179.55	-90.31	8.01

Business Segment Analysis

FY End:

Mar 25

Gandhar Oil Refinery (India) Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Petroleum products or specialty oils (100.0%)₹ 57.64 Cr

Revenue / Sales

Petroleum products or specialty oils (100.0%)₹ 3,896.92 Cr

Assets

Petroleum products or specialty oils (100.0%)₹ 1,959.09 Cr

Operating Income

Petroleum products or specialty oils (100.0%)₹ 146.05 Cr

Regional Segment Analysis

FY End:

Mar 25

Gandhar Oil Refinery (India) Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

Domestic Market (59.8%)₹ 2,331.69 CrOverseas Market (40.2%)₹ 1,565.23 Cr

Assets

Domestic Market (70.1%)₹ 1,373.51 CrOverseas Market (29.9%)₹ 585.59 Cr

Historical Segment Analysis

Track how Gandhar Oil Refinery (India) Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2025 Mar 31

Petroleum products or specialty oils	58

Frequently Asked Questions

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

The latest trailing twelve month revenue of Gandhar Oil Refinery (India) Ltd. is ₹ 4,241.18 Cr, reflecting a 1-year growth of 8.83% and a 3-year CAGR of 1.30%. Annual and quarterly revenue trends are available in the Income Statement section.

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

The latest trailing twelve month net profit (PAT) of Gandhar Oil Refinery (India) Ltd. is ₹ 106.36 Cr, with a 3-year earnings CAGR of -10.71%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

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

The operating margin of Gandhar Oil Refinery (India) Ltd. is -. Detailed EBITDA history is available in the Income Statement section of the Statements tab.

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

The trailing twelve month Earnings Per Share (EPS) of Gandhar Oil Refinery (India) Ltd. is 13.83. EPS trends across annual and quarterly periods are visible in the Income Statement section.

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

The debt-to-equity ratio of Gandhar Oil Refinery (India) Ltd. stands at 0.23. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Gandhar Oil Refinery (India) Ltd.?

The estimated book value per share of Gandhar Oil Refinery (India) Ltd. is 137.97 (derived from a P/B ratio of 1.35 and market price of ₹ 186.73), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Gandhar Oil Refinery (India) Ltd.?

The trailing twelve month operating cash flow of Gandhar Oil Refinery (India) Ltd. is ₹ -18.57 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Gandhar Oil Refinery (India) Ltd. report consolidated or standalone financials?

Gandhar Oil Refinery (India) Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.