Gulf Oil Lubricants India logo

Gulf Oil Lubricants India share price

NSE: GULFOILLUBBSE: 538567Petroleum ProductsSmall Cap

Last close ₹1,038.70down ₹5.10 (0.49%)BSE ₹1,035.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,043.80.

52-week range of traded prices to 23 Oct 2026
₹865.00Low, 23 Mar 2026₹1,289.40High, 4 Nov 2025
Market cap
₹5,147 Cr780th largest listed
P/E
13.7
P/B
3.4
Dividend yield
4.91%
ROE
25.0%
ROCE
22.9%
Debt to equity
0.32
Volume, NSE
1,15,42062.0% delivered

Share price

Daily closes since Jul 2014, adjusted for splits and bonuses

−14.1%over a year · Nifty 500 −9.8%

Results20-session average 58,280 shares a day, 57.6% delivered

Results

Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 3 Aug

Revenue
₹1,320 Crup 26.93%
Net profit
₹128 Crup 41.66%
Net margin
9.7%

Revenue by year

Peak revenue ₹3,991 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 6 NovDec 2024Filed 7 FebMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 14 JanDec 2025Filed 9 FebMar 2026Filed 27 MayJun 2026Filed 3 Aug
Revenue8499059159969579981,0401,320
Net profit84989297877790128
Net margin9.9%10.8%10.0%9.7%9.1%7.7%8.7%9.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

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

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 25% of 2,480 trading days over the last 10 years.

LowestHighest
Its median17.0Industry median9.5
Price to book

At or below today's level on 34% of 1,966 trading days since Nov 2018.

LowestHighest
Its median3.9Industry median1.8
EV to EBITDA8.2

At or below today's level on 28% of 1,966 trading days since Nov 2018.

LowestHighest
Its median10.6Industry median6.2
Dividend yield

At or below today's level on 98% of 2,480 trading days over the last 10 years.

LowestHighest
Its median1.96%Industry median0.86%

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−16.7%−3.3%−19.7%5.7%
3 years+34.6%+14.6%+13.5%4.6%
5 years+8.5%+12.3%−7.1%4.2%
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.

Who owns it

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

Shareholding by group

  • Promoters66.80%
  • Foreign institutions8.63%
  • Indian institutions7.91%
  • Governments0.33%
  • Individuals and others16.33%
Holder
GULF OIL INTERNATIONAL (MAURITIUS) INCPromoter66.80%
THE PRUDENTIAL ASSURANCE COMPANY LIMITEDForeign portfolio investors, category I1.35%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

16 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Added
4
Held unchanged
11
Sold out
1
Fund
ICICI Prudential Mutual Fund logoICICI Prudential Small Cap FundICICI Prudential Mutual Fund7,68,3160.88%₹86.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund4,91,1680.69%₹55.3 Cr
HDFC Mutual Fund logoHDFC Multi Cap FundHDFC Mutual Fund4,90,0000.28%₹55.1 Cr
UTI Mutual Fund logoUTI Multi Cap FundUTI Mutual Fund3,40,4131.81%₹38.3 Cr
UTI Mutual Fund logoUTI MNC FundUTI Mutual Fund3,20,6471.38%₹36.1 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund1,89,8160.06%₹21.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential MNC FundICICI Prudential Mutual Fund1,49,3600.99%₹16.8 Cr
UTI Mutual Fund logoUTI Infrastructure FundUTI Mutual Fund87,0190.48%₹9.79 Cr
Baroda BNP Paribas Mutual Fund logoBaroda BNP Paribas Energy Opportunities FundBaroda BNP Paribas Mutual Fund35,0000.67%₹3.94 Cr
Kotak Mahindra Mutual Fund logoKotak Energy Opportunities FundKotak Mahindra Mutual Fund30,0001.28%₹3.38 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Lubricants, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Gulf Oil Lubricants India 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
Castrol India logoCastrol IndiaCASTROLIND19,25218.110.112.1+11.8%+11.1%57.0%73.7%5.91%
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%
Arabian Petroleum logoArabian PetroleumARABIAN1079.51.5–+44.9%+23.5%17.6%–0.00%
Greenhitech Ventures logoGreenhitech VenturesGVL4965.60.5–––1.3%–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.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹51.00 a share, year to Mar 2026.
Ex-dateTypePer share
4 Sep 2026Final₹30.00
13 Feb 2026Interim₹21.00
19 Sep 2025Final₹28.00
14 Feb 2025Interim₹20.00
5 Sep 2024Final₹20.00
13 Feb 2024Interim₹16.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Gulf Oil Lubricants India share price by year

Each calendar year to 2025.Gulf Oil Lubricants India share price history

YearClose at year endChangeHighest closeLowest close
20251,200.40−1.3%1,313.10970.35
20241,216.25+69.3%1,478.25710.45
2023718.45+69.7%739.25400.05
2022423.30−6.2%515.25384.25
2021451.15−37.3%786.90432.05
2020719.10−10.7%832.55512.65
2019805.15−2.0%905.85695.75
2018821.20−16.8%1,075.05700.00
2017987.40+52.2%1,025.65629.85
2016648.70+24.1%771.05459.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,040.201,050.001,005.401,038.701,023.871,15,42062.0%
22 Oct 20261,058.501,059.501,037.301,043.801,046.3430,32852.3%
21 Oct 20261,060.001,066.901,045.501,051.801,053.5779,60163.7%
19 Oct 20261,090.001,095.101,058.201,061.301,066.4841,62854.7%
16 Oct 20261,065.401,096.901,062.001,089.901,083.3052,23451.0%
15 Oct 20261,060.601,083.001,060.601,065.301,068.9226,44550.3%
14 Oct 20261,059.701,085.101,045.001,071.101,068.232,58,90780.6%
13 Oct 20261,065.101,065.101,051.001,056.001,056.3624,77261.8%
12 Oct 20261,080.001,080.101,051.301,068.101,062.2244,61058.7%
9 Oct 20261,086.001,088.601,073.301,077.301,079.2915,95758.9%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Gulf Oil Lubricants India Limited
NSE symbol
GULFOILLUB
BSE code
538567
ISIN
INE635Q01029
Industry
Petroleum Products
Listed
Jul 2014
Face value
₹2
CIN
L23203MH2008PLC267060
Corporate identity number, the registrar of companies' code for it