Gandhar Oil Refinery India Limited Stock Price Today (NSE: GANDHAR)
Fundamental Score
Gandhar Oil Refinery India Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Gandhar Oil Refinery India Limited share price today is ₹231.64, up +3.76% on NSE/BSE as of 3 August 2026. Gandhar Oil Refinery India Limited (GANDHAR) is a Small-cap company in the Lubricants sector with a market capitalisation of ₹2.02K (Cr). The 52-week high for GANDHAR share price is ₹303.17 and the 52-week low is ₹115.00. At a P/E ratio of 14.94x, GANDHAR is currently trading above its industry average P/E of 13.86x. The company has a Return on Equity (ROE) of 10.46% and a debt-to-equity ratio of 0.23.
Gandhar Oil Refinery India Limited Share Price Chart — NSE/BSE Historical Performance
Gandhar Oil Refinery India Limited share price chart: 21.07% return over the past month. 52-week high ₹303.17, 52-week low ₹115.00.
Gandhar Oil Refinery India Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹218.60 | ₹233.89 | ₹216.00 | ₹223.25 | 66.32L (Cr) | |
| ₹230.45 | ₹230.99 | ₹215.70 | ₹216.93 | 42.96L (Cr) | |
| ₹237.61 | ₹240.00 | ₹230.00 | ₹232.18 | 36.03L (Cr) | |
| ₹252.00 | ₹255.99 | ₹235.55 | ₹237.93 | 97.67L (Cr) | |
| ₹279.00 | ₹279.00 | ₹231.00 | ₹245.47 | 205.42L (Cr) | |
| ₹290.25 | ₹303.17 | ₹275.53 | ₹282.46 | 358.62L (Cr) | |
| ₹274.00 | ₹283.42 | ₹268.22 | ₹281.95 | 250.88L (Cr) | |
| ₹231.70 | ₹238.00 | ₹223.33 | ₹227.17 | 28.47L (Cr) | |
| ₹209.48 | ₹231.00 | ₹209.10 | ₹228.32 | 32.11L (Cr) | |
| ₹212.40 | ₹212.40 | ₹202.53 | ₹207.93 | 5.87L (Cr) |
Gandhar Oil Refinery India Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹186.50 | ₹303.17 | ₹182.10 | ₹223.25 | +19.71% | |
| ₹156.48 | ₹185.49 | ₹152.00 | ₹183.45 | +17.24% | |
| ₹140.40 | ₹174.80 | ₹136.52 | ₹155.97 | +11.09% | |
| ₹119.80 | ₹151.00 | ₹119.20 | ₹138.73 | +15.80% | |
| ₹137.00 | ₹142.87 | ₹115.00 | ₹116.79 | -14.75% | |
| ₹142.87 | ₹159.80 | ₹137.10 | ₹140.43 | -1.71% | |
| ₹154.58 | ₹178.95 | ₹146.03 | ₹149.82 | -3.08% | |
| ₹131.50 | ₹155.18 | ₹120.56 | ₹154.36 | +17.38% | |
| ₹134.70 | ₹155.00 | ₹128.50 | ₹130.75 | -2.93% | |
| ₹141.61 | ₹147.35 | ₹133.50 | ₹133.79 | -5.52% | |
| ₹147.00 | ₹152.00 | ₹140.00 | ₹143.05 | -2.69% | |
| ₹161.11 | ₹171.00 | ₹145.90 | ₹146.15 | -9.29% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Small-cap lubricant player trading near all-time lows; bet on turnaround or prepare for value erosion.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Gandhar Oil Refinery submitted its Q4 FY26 compliance certificate to stock exchanges on April 4, 2026. Gandhar Coals & Mines acquired 50,000 equity shares of Gandhar Oil Refinery on March 20, 2026, increasing its shareholding from 1.67% to 1.72%. However, the stock hit an all-time low of on March 30, 2026, underperforming the sector and benchmark indices.
CORE STORY (THE REAL GAME)
Gandhar is a play on specialty oil & lubricants demand, particularly white oils for consumer and healthcare. Market is weighing if recent underperformance is a blip or reflects deeper issues with growth and profitability.
- Q3 FY26 results showed revenue and profit growth
- Promoter group increased stake
- Strategic expansion plans underway
- Sustained earnings growth
- Successful expansion execution
- Positive developments in the lubricants industry
- Micro-cap liquidity risk
- Recent all-time low stock price
- Underperformance compared to sector and indices
FII decreased holding by 0.07%, DII increased holding by 0.08% [cite: brief]. Promoter increased holding marginally.
India's lubricant industry is at a turning point, with electric mobility reshaping usage patterns.
Board approved purchase of land parcel admeasuring 453.55 decimals adjoining its existing factory location.
Yes - Free Cash Flow 5Y: ₹23.32 Cr [cite: brief]
Monitor for sustained earnings growth and successful execution of expansion plans. Key is whether they can translate strategic moves into shareholder value.
Primary Thesis Risk
Inability to translate strategic moves into sustained earnings growth.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Gandhar Oil Refinery India Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Gandhar Oil Refinery India Limited Fundamental Analysis & Valuation Benchmarking
Educational evaluation of GANDHAR across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Robust Profit Growth (248.59%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Consistent Growth Track Record (13.81% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.23)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (5.80x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (66.47%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
3 factors identified
Weak Earnings Growth (-26.06% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Negative Free Cash Flow (₹-36.29 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.23%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Gandhar Oil Refinery India Limited vs Lubricants Peers
Peer Comparison - Lubricants
Compare Gandhar Oil Refinery India Limited with 8 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Gandhar Oil Refinery India LimitedGandhar Oil Ref...Selected✓ GANDHAR • 544029 | 44.7/100 | ₹231.64₹232 | ₹2022.06₹2022.06 | 14.94Average 14.9 Average | 10.46%Average 10.46% Average | 13.19%Average 13.19% Average | 0.23Excellent 0.2 Excellent | 6.21%Good 6.21% Good | 13.81%Good 13.81% Good | 0.36% |
Castrol India LtdCastrol India L... CASTROLIND • 500870 | 58/100 | ₹185.21₹185 | ₹18180.07₹18180.07 | 18.65Average 18.6 Average | 45.86%Excellent 45.86% Excellent | 60.27%Excellent 60.27% Excellent | 0.03Excellent 0.0 Excellent | 10.45%Good 10.45% Good | 13.81%Good 13.81% Good | 4.76% |
Gulf Oil Lubricants India LtdGulf Oil Lubric... GULFOILLUB • 538567 | 54.6/100 | ₹1069.30₹1069 | ₹5089.54₹5089.54 | 13.86Average 13.9 Average | 24.29%Excellent 24.29% Excellent | 27.46%Excellent 27.46% Excellent | 0.33Excellent 0.3 Excellent | 13.01%Good 13.01% Good | 19.29%Excellent 19.29% Excellent | 4.68% |
Sterlite Technologies LtdSterlite Techno... SOTL • 524667 | 52.7/100 | ₹601.75₹602 | ₹4092.08₹4092.08 | 21.11Average 21.1 Average | 11.03%Average 11.03% Average | 15.68%Good 15.68% Good | 0.00Excellent 0.0 Excellent | -2.23%Poor -2.23% Poor | 17.95%Excellent 17.95% Excellent | 0.67% |
Panama Petrochem LtdPanama Petroche... PANAMAPET • 524820 | 62.6/100 | ₹453.55₹454 | ₹2574.10₹2574.10 | 12.11Average 12.1 Average | 15.60%Good 15.60% Good | 19.15%Good 19.15% Good | 0.08Excellent 0.1 Excellent | 9.44%Good 9.44% Good | 16.19%Excellent 16.19% Excellent | 1.18% |
Veedol Corporation LtdVeedol Corporat... VEEDOL • 590005 | 51.8/100 | ₹1399.50₹1400 | ₹2516.36₹2516.36 | 13.13Average 13.1 Average | 19.66%Good 19.66% Good | 24.23%Excellent 24.23% Excellent | 0.02Excellent 0.0 Excellent | 6.26%Good 6.26% Good | 11.50%Good 11.50% Good | 4.01% |
Gp Petroleums LtdGp Petroleums L... GULFPETRO • 532543 | 35.2/100 | ₹49.96₹50 | ₹196.29₹196.29 | 6.80Average 6.8 Average | 8.44%Poor 8.44% Poor | 10.90%Average 10.90% Average | 0.07Excellent 0.1 Excellent | 10.50%Good 10.50% Good | 1.05%Average 1.05% Average | 0.00% |
57.9/100 | ₹69.15₹69 | ₹73.24₹73.24 | 6.50Average 6.5 Average | 17.64%Good 17.64% Good | 18.41%Good 18.41% Good | 0.68Good 0.7 Good | 31.35%Excellent 31.35% Excellent | 27.84%Excellent 27.84% Excellent | 0.00% | |
Greenhitech Ventures LtdGreenhitech Ven... GVL • 544163 | 20.1/100 | ₹40.00₹40 | ₹57.88₹57.88 | 77.17Average 77.2 Average | 1.32%Poor 1.32% Poor | 2.40%Poor 2.40% Poor | 0.09Excellent 0.1 Excellent | — — | — — | 0.00% |
Top Lubricants Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Castrol India Ltd share price18180.07 Cr
- Gulf Oil Lubricants India Ltd share price5089.54 Cr
- Sterlite Technologies Ltd share price4092.08 Cr
- Panama Petrochem Ltd share price2574.10 Cr
- Veedol Corporation Ltd share price2516.36 Cr
Gandhar Oil Refinery India Limited PE Ratio History
Historical price-to-earnings ratio for GANDHAR — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹8.18 | ₹154.36 | 18.9x |
| FY 2024 | ₹16.27 | ₹212.72 | 13.1x |
| FY 2023 | ₹23.86 | ₹272.95 | 11.4x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Gandhar Oil Refinery India Limited Dividend History
Annual cash dividends paid by GANDHAR — dividend yield 0.36%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹4.89 Cr |
| FY 2024 | ₹4.00 Cr |
| FY 2022 | ₹45.60 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Gandhar Oil Refinery India Limited Quarterly Performance
Latest quarterly metrics for GANDHAR — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
13.69%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
248.59%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
13.81%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
6.21%
Compounded annual net profit growth over 5 years
Gandhar Oil Refinery India Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for GANDHAR — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Gandhar Oil Refinery India Limited Financial Statements
Annual income statement, balance sheet and cash flow for Gandhar Oil Refinery India Limited (GANDHAR) — sourced from NSE/BSE filings.
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About GANDHAR (Gandhar Oil Refinery India Limited)
Gandhar Oil Refinery India Limited is a stalwart in the Indian lubricants industry, carving a niche for itself through the production of high-quality white oils and a diverse range... of specialty products. Rooted in a commitment to excellence, the company caters to a wide spectrum of sectors, from the everyday consumer to specialized industrial applications. Gandhar's dedication to innovation and stringent quality control measures has cemented its position as a trusted supplier, offering solutions that enhance performance and reliability across various industries. The company's strategic focus on white oils, a critical component in numerous consumer and healthcare products, showcases its understanding of market needs and its ability to meet evolving demands. Gandhar's extensive portfolio extends beyond white oils to include waxes and jellies, serving as essential ingredients in the plastics, chemical, textiles, and fragrance industries. These products are meticulously formulated to meet the specific requirements of each application, ensuring optimal performance and consistent quality. Furthermore, Gandhar manufactures a comprehensive range of lubricants, encompassing automotive and industrial oils designed to enhance the efficiency and longevity of automobiles and industrial machinery. The company's commitment to providing tailored solutions is evident in its diverse product offerings, which address the unique challenges faced by its clientele in various sectors. In addition to its core offerings, Gandhar specializes in process and insulating oils, catering to the critical needs of transformer manufacturers and the power generation and distribution industries. Transformer oils, vital for the reliable operation of electrical transformers, are produced with the utmost precision and adherence to industry standards. Rubber processing oils, another key product line, are essential for the manufacturing of rubber-based products. Gandhar's dedication to quality and innovation across its entire product range underscores its commitment to serving as a reliable partner for industries seeking high-performance specialty oils and lubricants.
Company Details
Key Leadership
GANDHAR Share Price: Frequently Asked Questions
What is the current share price of Gandhar Oil Refinery India Limited?
Gandhar Oil Refinery India Limited (GANDHAR) trades at ₹231.64 on NSE and BSE. Market cap ₹2.02K (Cr). Educational data only.
What is the P/E ratio of Gandhar Oil Refinery India Limited?
Gandhar Oil Refinery India Limited has a P/E of 14.94x vs industry average 13.86x.
What is the Bull Run score for Gandhar Oil Refinery India Limited?
Gandhar Oil Refinery India Limited has a Bull Run score of 44.7/100 based on 25+ financial parameters.
Does Gandhar Oil Refinery India Limited pay dividends?
Gandhar Oil Refinery India Limited has a dividend yield of 0.36%. Past dividends don't guarantee future payments.
What is the ROE of Gandhar Oil Refinery India Limited?
Gandhar Oil Refinery India Limited has ROE of 10.46%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Gandhar Oil Refinery India Limited?
Gandhar Oil Refinery India Limited has debt-to-equity of 0.23.
Is Gandhar Oil Refinery India Limited a good investment?
Bull Run gives Gandhar Oil Refinery India Limited a score of 44.7/100. This is not investment advice — consult a SEBI-registered advisor.