logo
#

Latest news with #GulfOilLubricantsIndia

I-Sec maintains Buy on Gulf Oil Lubricants India, raises target price to Rs 1,715
I-Sec maintains Buy on Gulf Oil Lubricants India, raises target price to Rs 1,715

Economic Times

time28-05-2025

  • Business
  • Economic Times

I-Sec maintains Buy on Gulf Oil Lubricants India, raises target price to Rs 1,715

ICICI Securities has maintained its buy call on Gulf Oil Lubricants India with a revised target price of Rs 1,715 (earlier Rs 1,630). The current market price of Gulf Oil Lubricants is Rs 1213.0. Gulf Oil Lubricants India, incorporated in 2008, is a Mid Cap company with a market cap of Rs 5981.12 crore) operating in Petrochemicals sector. ADVERTISEMENT Gulf Oil Lubricants India's key products/revenue Segments include Lubricating Oils, Greases, Batteries, Other Operating Revenue and Scrap for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 975.51 crore, up 2.21 % from last quarter Total Income of Rs 954.43 crore and up 9.71 % from last year same quarter Total Income of Rs 889.18 crore. The company has reported net profit after tax of Rs 92.85 crore in the latest quarter. The company?s top management includes G Hinduja, Chawla, A Hinduja, Khanna, Uppal, Agarwal. Company has Price Waterhouse?LLP as its auditors. As on 31-03-2025, the company has a total of 5 crore shares outstanding. Investment Rationale Gulf Oil Lubricants India has seen its stock price rise an impressive 14% over the last three months. According to ICICI Securities, this is rooted in the market taking cognisance of Gulf Oil Lubricants? above-industry volume growth, superior margin profile and sticky brand loyalty demonstrated by customers towards its brands. There is marginal change in earnings of 1.5%/0.6% for FY26E/ FY27E. Valuations of 12.5x FY27E PER, 8.2x EV/EBITDA and 3.2x P/BV on FY27E EPS are rather attractive vs. peers (Castrol). The brokerage maintains the BUY rating with a revised target of Rs 1,715 (earlier Rs 1,630). Promoter/FII Holdings Promoters held 67.14 per cent stake in the company as of 31-Mar-2025, while FIIs owned 7.52 per cent, DIIs 9.53 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.

I-Sec maintains Buy on Gulf Oil Lubricants India, raises target price to Rs 1,715
I-Sec maintains Buy on Gulf Oil Lubricants India, raises target price to Rs 1,715

Time of India

time28-05-2025

  • Business
  • Time of India

I-Sec maintains Buy on Gulf Oil Lubricants India, raises target price to Rs 1,715

ICICI Securities reaffirms its 'buy' recommendation for Gulf Oil Lubricants India, raising the target price to Rs 1,715. The brokerage highlights the company's impressive 14% stock price surge in three months, driven by above-industry volume growth and strong brand loyalty. Attractive valuations compared to peers like Castrol further support the positive outlook, with slight earnings adjustments for FY26E and FY27E. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.)

Gulf Oil records PAT of Rs 91 crore in Q4; EBITDA margin increases to 13.60%
Gulf Oil records PAT of Rs 91 crore in Q4; EBITDA margin increases to 13.60%

Business Standard

time22-05-2025

  • Automotive
  • Business Standard

Gulf Oil records PAT of Rs 91 crore in Q4; EBITDA margin increases to 13.60%

Gulf Oil Lubricants India has reported 7.24% rise in standalone net profit to Rs 91.62 crore on a 7.30% increase in revenue from operations to Rs 915.08 crore in Q4 FY25 as compared with Q4 FY24. EBITDA improved by 8.20% to Rs 124.47 crore in the fourth quarter from Rs 115.04 crore recorded in the same period last year. EBITDA margin rose by 11 basis points year-over-year (YoY) to 13.60% in Q4 FY25. Profit before tax in Q4 FY25 stood at Rs 123.43 crore, up by 8.1% from Rs 114.20 crore in Q4 FY24. For FY25, Gulf Oil has registered a standalone net profit of Rs 362.25 crore (up 17.58% YoY) and revenue from operations of Rs 3,554.36 crore (up 8.23% YoY). Gulf Oil stated that it has maintained strong growth momentum, recording quarterly volume growth 2x the industry rate, driven by broad-based gains particularly double-digit growth in personal mobility and strong growth in Motorcycle Oils segment within it. The company increased the distribution network to over 90,000 touchpoints pan India. Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India, said: Fiscal year 202425 concluded on a momentous note, with revenues surpassing the Rs 3,500 crore mark. As outlined at the start of the year, we increased our market share across all key segments and delivered volume growth at twice the industry rate. These results were supported by focused strategic efforts to strengthen our market penetration, expand our product portfolio across B2B, B2C, and OEM segments, and grow our customer bases. Our EV charger subsidiary, Tirex, closed the year on a strong note, reflecting our continued efforts to strengthen the EV segment in line with our future vision. Gulf Oil Lubricants India (GOLIL) is part of the transnational conglomerate Hinduja Group. GOLIL sells its lubricants products under the Gulf brand with sales largely to the automotive sector along with industrial users. The scrip fell 1.83% to currently trade at Rs 1180.50 on the BSE.

Gulf Oil Lubricants India consolidated net profit rises 6.90% in the March 2025 quarter
Gulf Oil Lubricants India consolidated net profit rises 6.90% in the March 2025 quarter

Business Standard

time22-05-2025

  • Business
  • Business Standard

Gulf Oil Lubricants India consolidated net profit rises 6.90% in the March 2025 quarter

Sales rise 9.56% to Rs 952.74 crore Net profit of Gulf Oil Lubricants India rose 6.90% to Rs 92.19 crore in the quarter ended March 2025 as against Rs 86.24 crore during the previous quarter ended March 2024. Sales rose 9.56% to Rs 952.74 crore in the quarter ended March 2025 as against Rs 869.63 crore during the previous quarter ended March 2024. For the full year,net profit rose 16.85% to Rs 359.85 crore in the year ended March 2025 as against Rs 307.96 crore during the previous year ended March 2024. Sales rose 10.00% to Rs 3631.16 crore in the year ended March 2025 as against Rs 3301.15 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 952.74869.63 10 3631.163301.15 10 OPM % 13.5113.49 - 13.0112.75 - PBDT 141.38131.12 8 535.24463.04 16 PBT 125.21115.01 9 479.47412.30 16 NP 92.1986.24 7 359.85307.96 17

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store