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Earnings Call

Gulf Oil Lubricants India Earnings Call: Key Takeaways

Gulf Oil recorded its highest-ever quarterly volume, revenue, and EBITDA in Q4 FY26. Consolidated revenue crossed ₹4,000 crores for the full year, driven by double-digit growth across key lubricant segments.

Highlights
Revenue growth14% YoY for Q4; crossed ₹4,000 cr for FY26.
MarginsTargeting 12-14% EBITDA margin; focused on margin management despite volatility.
Demand visibilityRobust across automotive, agriculture, and B2B industrial segments.
Management confidenceHigh; outperforming industry growth by 2-3x consistently.

Growth

Q4 lubricant volume grew 14% YoY to 45,000 KL; revenue grew ~14%; EBITDA grew 8.5% to ₹135 crores.

Outlook

Maintain EBITDA margin band of 12-14%. Chennai and Silvassa plant expansions on track for Q3/Q4 FY27 completion.

Risks

Geopolitical tensions in the Middle East affecting base oil supply/pricing and rupee depreciation causing input cost volatility.

Source

Earnings Call filed with BSE, BSE: 538567. Summary written with AI assistance from the document.

Read the document ↗

Gulf Oil Lubricants India Ltd: key numbers

Share price
₹1,106.60
Market cap
₹5,484 Cr
Revenue (annual)
₹4,056 Cr
Net profit (annual)
₹347.6 Cr
P/E (TTM)
14.6×Sector 18.7×
Promoter holding
66.85%-0.16% QoQ
FII holding
7.78%Current quarter

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

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Gulf Oil Lubricants India Earnings Call Transcript: Key Takeaways

Gulf Oil started FY27 with record revenue and profit, though margins faced pressure from unprecedented base oil cost spikes and supply chain volatility linked to West Asia. Management is pivoting toward volume-led growth and EV charging infrastructure.