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Earnings Call Transcript

Gandhar Oil Refinery (India) Earnings Call Transcript: Key Takeaways

Gandhar Oil reported a record-breaking Q1 FY27 with 92% YoY revenue growth and 688% PAT growth. Performance was driven by exceptional inventory management and higher price realizations amid geopolitical disruptions.

Guidance and delivery
Management target Revenue 9.0% FY27
Highlights
Revenue growth92% YoY growth in Q1 FY27.
MarginsExceptional gross margin at INR 28,145/KL; EBITDA margin at 16.20%.
Demand visibilityStrong demand from PHPO and PIO segments.
Management confidenceHigh; citing resilient operating model and agile sourcing.

Growth

Revenue increased 92% YoY to INR 1,731.9 Cr; PAT surged to INR 206 Cr, exceeding full FY26 profit.

Outlook

Targeting 8-11% volume growth; capex plans for capacity expansion to be announced shortly.

Risks

Geopolitical tensions in Middle East affecting logistics; normalization of currently exceptional margin spreads.

Last quarter's promises, checked

Delivered

  • Guided 10% volume growth → delivered 8% (= PARTIAL)
  • Guided maintaining EBITDA levels (~6%) → delivered 16.20% (= BEAT)
  • Guided PHPO focus → delivered 18% segment growth (= BEAT)

Partly delivered

  • Guided capex clarity in 2-3 quarters → delivered expansion plans still pending (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: GANDHAR. Summary written with AI assistance from the document.

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Gandhar Oil Refinery (India) Ltd: key numbers

Share price
₹261.65
Market cap
₹2,561 Cr
Revenue (annual)
₹4,241 Cr
Net profit (annual)
₹135.4 Cr
P/E (TTM)
8.5×Sector 18.7×
Promoter holding
66.60%+0.13% QoQ
FII holding
1.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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