Arabian Petroleum logo

Arabian Petroleum share price

NSE: ARABIANPetroleum Products

Last close ₹98.00down ₹1.00 (1.01%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹99.00.

52-week range of traded prices to 23 Oct 2026
₹63.20Low, 2 Feb 2026₹108.75High, 19 Oct 2026
Market cap
₹107 Cr
P/E
9.5
P/B
1.5
Dividend yield
Nonein the last 12 months
ROE
17.6%
Debt to equity
0.69
Volume, NSE
8,00075.0% delivered

Share price

Daily closes since Oct 2023, adjusted for splits and bonuses

+34.7%over a year

Results20-session average 22,100 shares a day, 87.2% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by half year.Half-yearly results

Half year to Mar 2026, against the half year beforeFiled 28 May

Revenue
₹200 Crup 14.31%
Net profit
₹5.21 Crdown 13.89%
Net margin
2.6%

Revenue by year

Peak revenue ₹375 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2023Mar 2024Sep 2024Mar 2025Filed 28 MaySep 2025Filed 14 NovMar 2026Filed 28 May
Revenue118144139146175200
Net profit335465
Net margin2.9%2.3%3.3%3.1%3.5%2.6%
Standalone. The 6 half years from Sep 2023, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Single segment, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: a period of the last twelve months does not state its operating profit. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 94% of 181 trading days over the last year.

LowestHighest
Its median7.5Industry median10.0
Price to book

At or below today's level on 94% of 181 trading days over the last year.

LowestHighest
Its median1.2Industry median2.1

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+6.0%+23.4%−14.1%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters73.45%
  • Indian institutions0.28%
  • Individuals and others26.28%
Holder
DARSHANA HEMANT MEHTAPromoter27.65%
MANAN HEMANT MEHTAPromoter18.98%
HEMANT DALSUKHRAI MEHTAPromoter16.77%
DHARMAN MANOJ MEHTAPromoter4.96%
VANDAN MANOJ MEHTAPromoter4.96%
SATURN DESS PRIVATECompanies1.41%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 22,30,000 of its 1,08,92,000 shares locked in.

Peers and competitors

Lubricants, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Arabian Petroleum in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Gulf Oil Lubricants India logoGulf Oil Lubricants IndiaGULFOILLUB5,14713.73.48.2+16.3%+1.4%25.0%22.9%4.91%
Savita Oil Technologies logoSavita Oil TechnologiesSOTL4,67711.32.68.7+26.1%+221.6%23.8%27.2%0.73%
Gandhar Oil Refinery (India) logoGandhar Oil Refinery (India)GANDHAR2,8689.52.16.2+32.8%+299.6%23.3%28.0%0.94%
Panama Petrochem logoPanama PetrochemPANAMAPET2,7115.71.84.4+45.9%+166.8%35.2%38.4%0.67%
Veedol Corporation logoVeedol CorporationVEEDOL2,20210.02.17.5+12.9%+21.3%22.6%22.3%4.59%
GP Petroleums logoGP PetroleumsGULFPETRO3267.90.95.9+18.8%+55.1%12.1%14.3%0.78%
Greenhitech Ventures logoGreenhitech VenturesGVL4965.60.5–––1.3%–0.00%
Sundrex Oil Company logoSundrex Oil CompanySOCL346.20.74.5––11.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Arabian Petroleum share price by year

Each calendar year to 2025.Arabian Petroleum share price history

YearClose at year endChangeHighest closeLowest close
202570.00−18.6%89.9563.05
202485.95−11.8%108.4077.70
202397.50–114.8071.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 9 Oct 2023.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026100.00100.0095.0098.0097.018,00075.0%
22 Oct 2026102.00102.0099.0099.0099.6712,00083.3%
21 Oct 2026102.00103.0099.90102.45101.5318,00066.7%
19 Oct 2026106.00108.75104.50105.25106.1434,00094.1%
16 Oct 2026104.70105.70101.05104.50103.9528,00085.7%
15 Oct 2026100.00104.70100.00104.70101.7818,00088.9%
14 Oct 2026100.00100.10100.00100.00100.0410,000100.0%
13 Oct 2026104.00104.0098.0099.05101.1512,00066.7%
12 Oct 2026102.00102.95100.95100.95101.976,000100.0%
9 Oct 202699.00104.0099.00104.00100.1216,000100.0%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Arabian Petroleum Limited
NSE symbol
ARABIAN
ISIN
INE08NJ01024
Industry
Petroleum Products
Listed
Oct 2023
Face value
₹10