Gandhar Oil Refinery (India) Limited

NSE: GANDHAR · Unclassified

₹251.48-1.07%06 Nov 2026

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Instant answers about Gandhar Oil Refinery (India) Limited — computed from its filings, no language model

Market cap₹2,462 cr

Current price₹251.48

High / Low₹315 / ₹117

P/E5.6

P/B1.45

Book value₹173.6

ROE25.9%

ROCE36.6%

Debt / equity0.05

Dividend yield0.50%

EPS (TTM)₹44.97

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY24	FY25	FY26
Revenue	4,113	3,897	4,241
EBITDA	279	176	234
Operating margin	6.8%	4.5%	5.5%
Interest	58	48	38
Depreciation	20	26	30
Profit before tax	210	114	180
Tax	45	31	43
Net profit	141	80	135
EPS ₹	16.27	8.18	13.83
Operating cash flow	-69	15	128
Capex	0	58	80
Dividend paid	4	5	12
Total assets	1,940	1,959	2,225
Equity	1,172	1,236	1,352

Quarterly performance

last 13 quarters · ₹ crore

showing latest 8 of 13 periods

	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,001	1,103	939	995	935	1,005	962	903	1,060	1,167	1,093	1,732	1,847
Operating profit	76	85	34	60	40	42	34	46	66	59	64	281	288
Operating margin	7.6%	7.7%	3.6%	6.1%	4.3%	4.1%	3.5%	5.1%	6.2%	5.1%	5.8%	16.2%	15.6%
Other income	2	2	5	5	2	2	4	3	3	4	4	3	3
Interest	15	16	14	13	11	10	14	10	10	10	8	13	13
Depreciation	5	5	6	6	6	6	7	7	7	7	8	8	8
Profit before tax	58	66	19	46	25	27	17	32	51	45	52	264	248
Tax	10	15	7	13	6	6	4	6	11	11	15	58	62
Net profit	39	47	9	31	18	19	12	26	36	32	41	192	175
EPS ₹	4.92	5.47	1.06	3.40	1.91	1.98	1.19	2.68	3.68	3.31	4.16	19.65	17.87
Revenue YoY	—	—	—	—	-6.6%	-8.8%	2.4%	-9.2%	13.3%	16.1%	13.7%	91.8%	74.2%
Profit YoY	—	—	—	—	-53.7%	-59.2%	27.7%	-14.9%	98.2%	67.6%	248.6%	633.1%	385.2%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 10 periods

	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	10.8%	8.7%	6.4%	6.5%	6.1%	7.2%	8.2%	10.0%	22.3%	25.9%
ROCE	18.0%	15.4%	12.1%	11.5%	10.2%	11.5%	12.7%	14.3%	29.8%	36.6%
Net margin	3.1%	2.7%	2.0%	2.1%	2.0%	2.4%	2.6%	3.2%	6.0%	7.5%
EBITDA margin	6.3%	5.5%	4.5%	4.5%	4.2%	4.8%	5.0%	5.6%	9.3%	11.8%
Debt / equity	0.17	0.13	0.13	0.15	0.15	0.15	0.15	0.12	0.12	0.05
Interest coverage	4.28	3.88	3.41	3.36	3.22	3.88	4.33	5.80	11.13	14.95
Asset turnover	2.08	1.92	1.87	1.99	1.94	1.79	1.86	1.90	2.27	1.98

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	16	20	20	20	20	20	20
Other equity / reserves	805	1,153	1,188	1,217	1,270	1,333	1,680
Total equity	821	1,172	1,207	1,236	1,290	1,352	1,699
Borrowings	332	203	159	182	194	168	85
Current liabilities	1,111	616	710	512	680	641	981
Non-current liabilities	61	100	99	158	173	185	190
Total assets	2,040	1,940	2,070	1,959	2,197	2,225	2,942
Property, plant & equipment	189	298	292	338	333	374	376
Capital work-in-progress	89	9	33	8	32	29	40
Investments	0	0	0	0	3	3	6
Inventories	537	448	536	463	619	644	737
Receivables	793	623	697	670	734	721	1,339
Cash & equivalents	41	71	60	51	29	28	42

Cash flow

annual · ₹ crore · line = free cash flow

	FY24	FY25	FY26
Cash from operations	-69	15	128
Cash from investing	-66	-48	-62
Cash from financing	160	13	-88
Capex	0	58	80
Free cash flow	-69	-43	48
Dividends paid	4	5	12

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹376 cr13%

CWIP

₹40 cr1%

Investments

₹6 cr0%

Inventories

₹737 cr25%

Receivables

₹1,339 cr46%

Cash & equivalents

₹42 cr1%

Other assets

₹402 cr14%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Gandhar Oil Refinery (India) Limited	2,462	251.48	5.6	1.45	25.9%

StoxGud checklist: Bullish setup · 7/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-15.9%

6 months+64.4%

1 year+84.3%

3Y CAGR—

5Y CAGR—

10Y CAGR—

50-day avg₹274.57

200-day avg₹195.48

RSI (14)36

FAQs

What is the share price of Gandhar Oil Refinery (India) Limited?

Gandhar Oil Refinery (India) Limited (GANDHAR) closed at ₹251.48 on NSE on 06 Nov 2026.

What is the market cap of Gandhar Oil Refinery (India) Limited?

₹2,462 crore at the latest close.

What is the P/E ratio of Gandhar Oil Refinery (India) Limited?

5.6, on trailing-twelve-month earnings from its filings.

How fast is Gandhar Oil Refinery (India) Limited growing?

Gandhar Oil Refinery (India) Limited: Latest-quarter revenue is up 74.2% year on year, profit up 385.2%.

How profitable is Gandhar Oil Refinery (India) Limited?

On a trailing-twelve-month basis return on equity is 25.9%, return on capital employed 36.6%, operating margin 11.8%, net margin 7.5%.

How much debt does Gandhar Oil Refinery (India) Limited have?

Gandhar Oil Refinery (India) Limited is debt-free: debt to equity is 0.05 with borrowings of ₹85 cr against cash of ₹42 cr (balance sheet of 2026-09-30). Operating profit covers interest 14.9 times.

Financials parsed from Gandhar Oil Refinery (India) Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '23, annual from FY24, balance sheet from Sep '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.