| Management target | Revenue 11.0% FY27 |
|---|
| Revenue growth | 73% YoY growth to ₹1,847 Cr, highest ever quarterly revenue. |
|---|---|
| Margins | Gross margin at 21%; spreads elevated at ₹29,128 per KL. |
| Demand visibility | Strong domestic power sector demand; health care and pharma steady. |
| Management confidence | Balanced; optimistic on domestic demand but cautious on West Asia risks. |
Growth
Revenue grew 73% YoY to ₹1,847 Cr, largely driven by higher realizations/pricing over volume.
Outlook
Capacity increased to 838,637 KL; maintenance of current elevated gross margins is prioritized.
Risks
Geopolitical instability in West Asia impacting raw material availability and overseas subsidiary volumes.
Last quarter's promises, checked
Delivered
- Margins ~₹28,145/KL held 1-2 qtrs → ₹29,128/KL, GM 21% (= BEAT)
- Value growth > 8-11% volume → revenue +73% to ₹1,847 Cr (= BEAT)
- PIO strong growth → PIO volume +23% YoY (= BEAT)
Partly delivered
- Texol term loans fall → consolidated debt ₹85 Cr, baseline undisclosed (= PARTIAL)
- Capex plan 'next quarter' → capacity 838,637 KL; capex amount not extracted (= PARTIAL)
Missed
- PHPO growth similar to Q1 (+18%) → slight Q2 decline (= MISS)
- Texol normalising, margin-accretive → overseas volumes hit (= MISS)
Earnings Call Transcript filed with NSE, NSE: GANDHAR. Summary written with AI assistance from the document.
Gandhar Oil Refinery (India) Ltd: key numbers
- Share price
- ₹260.65
- Market cap
- ₹2,551 Cr
- Revenue (annual)
- ₹4,241 Cr
- Net profit (annual)
- ₹135.4 Cr
- P/E (TTM)
- 5.8×Sector 17.8×
- Promoter holding
- 66.65%+0.05% QoQ
- FII holding
- 5.46%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Gandhar Oil Refinery (India) Ltd
All →Gandhar Oil Refinery (India) Investor Presentation: Key Takeaways
Record Q2 FY27 revenue ₹1,847 Cr (+73% YoY), EBITDA ₹288 Cr (15.6% margin), PAT ₹186 Cr. H1 revenue ₹3,579 Cr, PAT ₹392 Cr. Consolidated, unaudited.
Gandhar Oil Refinery (India) Results Update
Gandhar Oil posted record Q2 FY27 revenue of Rs 1,847 Crore, up 73%. Profit after tax rose to Rs 186 Crore, with margins sustained.
Gandhar Oil Refinery (India) Management Change
Gandhar Oil Refinery appointed Santosh Kumar Singh as Factory Manager of its Silvassa Plant, effective 27 October 2026. He is an existing employee currently serving as Assistant General Manager - Commercial.
Gandhar Oil Refinery (India) Q2 FY27 Results: Net Profit ₹186.3 Cr, Up 368.1% YoY
Gandhar Oil Refinery (India) Ltd reported revenue from operations of ₹1,847 Cr (+72.9% YoY) and net profit of ₹186.3 Cr (+368.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹186.3 Cr · +368.1% YoY
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This filing presents the quarterly shareholding pattern for Gandhar Oil Refinery (India) Ltd for the period ending September 30, 2026.
Gandhar Oil Refinery (India) Board Meeting Date
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