Gandhar Oil Refinery (India) Ltd (GANDHAR)
π― Key Takeaways
- Revenue grew 58.4% QoQ to βΉ1,732 in Q1FY27.
- Market Cap
- βΉ2,677
- P/E Ratio
- 8.9
- P/B Ratio
- 1.98
- ROE
- 22.3%
- ROCE
- 27.2%
- Debt/Equity
- 0.23
- Div Yield
- 0.27%
- Promoter
- 66.6%
π Quarterly Results (βΉ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 1,060 | 1,167 | 1,093 | 1,732 |
| Operating Profit | 58 | 52 | 56 | 273 |
| OPM % | 5.5% | 4.4% | 5.1% | 15.8% |
| Net Profit | 40 | 34 | 37 | 206 |
| EPS | βΉ3.68 | βΉ3.31 | βΉ4.16 | βΉ19.65 |
π¦ Balance Sheet (βΉ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 |
| Reserves | 1,217 | 1,188 | 1,333 | 1,270 |
| Borrowings | 182 | 225 | 315 | 331 |
| Total Liabilities | 1,959 | 2,070 | 2,225 | 2,197 |
| Fixed Assets | 449 | 351 | 497 | 455 |
| Investments | 1 | 0 | 3 | 3 |
| Total Assets | 1,959 | 2,070 | 2,225 | 2,197 |
π° Cash Flow Statement (βΉ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +15 |
| Investing | -48 |
| Financing | +13 |
| Net Cash Flow | -21 |
π₯ Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 65.0% | 66.2% | 66.5% | 66.6% |
| FII | 0.2% | 0.3% | 0.1% | 1.3% |
| DII | 2.0% | 0.4% | 0.1% | 1.0% |
| Public | 25.2% | 25.6% | 26.3% | 25.9% |
| # Shareholders | 1,41,406 | 1,38,347 | 1,39,482 | 1,34,265 |
βοΈ Peer Comparison β Refineries
| Company | MCap (βΉ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| RELIANCE | 16.07 L Cr | 21.5 | 11.3% | β | 0.41 |
| IOC | 1.89 L Cr | 5.5 | 16.4% | β | 0.55 |
| BPCL | 1.31 L Cr | 7.6 | 17.8% | β | 0.43 |
| HINDPETRO | 74,899 | 44.8 | 2.9% | β | 0.78 |
| MRPL | 29,663 | 9.4 | 23.0% | β | 1.01 |
| CHENNPETRO | 21,382 | 5.1 | 44.0% | β | 0.18 |
| GANDHAR | 2,677 | 8.9 | 32.0% | β | 0.15 |
| KOTYARK | 328 | 1.8 | 17.3% | β | 0.40 |
| 543805 | 97 | β | β | β | 0.02 |
| 526652 | β | β | 9.8% | β | -0.42 |
π Peer Stock Analyses
π Recent Filings
- π΄ Announcement2026-09-30Gandhar Oil Refinery (India) Ltd received a credit rating update from CRISIL on its total bank loan facilities of βΉ1014 crores, which were enhanced frβ¦
- Announcement2026-09-24Gandhar Oil Refinery announced that its trading window will close on October 1, 2026, for 48 hours following the release of un-audited quarterly resulβ¦
- π΄ Announcement2026-09-24Gandhar Oil Refinery disclosed a court order dismissing a 2014 cheque dishonour case filed by Saptashringi Ispat, noting the complainant's repeated abβ¦
- π΄ Announcement2026-09-23Gandhar Oil Refinery (India) Ltd announced on September 23, 2026, that its management will join a virtual investor conference call on September 28, 20β¦
- π‘ voting results2026-09-11At the 34th AGM on September 11, 2026, shareholders approved all six resolutions, including audited standalone financial statements for FY2026, appoinβ¦
- π‘ Board Meeting2026-09-11Gandhar Oil Refinery held its 34th AGM on September 11, 2026 via video conference, adopting audited standalone and consolidated financial statements fβ¦
- π΄ Announcement2026-09-04Gandhar Oil Refinery announced on September 4, 2026 that it completed a partial purchase of land in Raigad district, acquiring approximately 3,328.54 β¦
- π΄ Announcement2026-09-01Gandhar Oil Refinery announced that CRISIL has assigned a Long-Term rating of A+/Stable and a Short-Term rating of A1 to its Rs.300 crore bank loan faβ¦
- π΄ Announcement2026-09-01Gandhar Oil Refinery (India) Ltd announced a scheduled analyst and institutional investor meeting on September 7, 2026 at 3:00 p.m. IST in Mumbai, conβ¦
- π΄ annual report2026-08-19Gandhar Oil Refinery announced its 34th Annual General Meeting on September 11, 2026, via video conferencing, with shareholders entitled to vote if liβ¦
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights β sign up free to unlock.
Sign Up Free β Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only β not investment advice. Updated 2026-10-01.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
π‘ Get AI alerts when GANDHAR files new disclosures
Track GANDHAR filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track GANDHAR β FreeFree account Β· 2 AI queries/day