Earnings Call/Transcript
Gulf Oil Lubricants Q2 Earnings Call Transcript
Gulf Oil Lubricants India filed the transcript of its October 30, 2026 earnings call covering Q2 and H1 FY27 unaudited results.
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Earnings Call/Transcript
Gulf Oil Lubricants India filed the transcript of its October 30, 2026 earnings call covering Q2 and H1 FY27 unaudited results.
Public Notice/Press Release
Gulf Oil Lubricants India marks the global brand’s 125th anniversary with a transformation agenda, including capacity expansion, mobility solutions and a women’s empowerment initiative.
Regulatory/Compliance Filing
Gulf Oil Lubricants India clarified that it has not entered negotiations for global expansion or acquisitions and that the news item concerned Gulf Oil International.
Earnings Call/Transcript
Gulf Oil Lubricants India Ltd has uploaded the audio recording of its October 30, 2026 earnings call on unaudited Q2 and half-year results.
Gulf Oil Lubricants India Ltd (GULFOILLUB) is currently trading at 1,077.20 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Gulf Oil Lubricants India Limited manufactures, markets and trades automotive and industrial lubricants, while also operating adjacent businesses in AdBlue, EV fluids, charging infrastructure and mobility software. Its products serve automotive OEMs, workshops, distributors, industrial customers and export markets, supported by manufacturing facilities at Silvassa and Chennai and a nationwide distribution network. Core lubricant volumes rose 16% year-on-year to 47,000 kilolitres in Q2 FY27, while revenue increased 44% and EBITDA grew 37%. This combination indicates strong volume execution and pricing pass-through despite elevated base-oil, additive, freight and geopolitical cost pressures, although reported EBITDA margin remained near the lower end of the company’s 12–14% target band. Gulf Oil Lubricants India Limited is gaining share by growing substantially faster than the lubricant industry, with management indicating 16–17% volume growth in Q2 and H1 against typical industry growth of approximately 3–4%. The company estimates overall lubricant market share at 7–8%, with B2C distribution reaching roughly 16% growth and approximately 90,000-plus outlets. The company is transitioning from a pure lubricant-growth story toward a broader mobility platform. Tirex recorded approximately ₹33 crore revenue in Q2 with 78% growth, while Gulf is targeting 3,000 chargers and leveraging ElectreeFi software; however, this opportunity remains relatively small compared with the core lubricant franchise and requires sustained execution.
Over the past 52 weeks, Gulf Oil Lubricants India Ltd has traded between a low of ₹864.50 and a high of ₹1,259.85. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Gulf Oil Lubricants India Ltd has a market capitalization of approximately 5,379.25. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Gulf Oil Lubricants India Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 12.80 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 5,379.25 Cr, Gulf Oil Lubricants India Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Gulf Oil Lubricants India Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Gulf Oil Lubricants India Ltd is 12.80. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Gulf Oil is targeting 10% to 15% AdBlue volume growth in the second half and the coming year. Management said the target remains unchanged from its previous guidance and depends on growth in the BS-VI vehicle population.
Gulf Oil said its dividend payout was around 65% to 70% last year and that payouts have increased over time. It did not provide a dividend commitment for the current year. Management said additional returns depend on surplus cash remaining after immediate investment or M&A needs.
Gulf Oil said the Silvassa expansion could be ready in Q1 FY28. That is a one-to-two-month delay from its earlier March 2027 target, although management said the project is progressing well.
Gulf Oil said higher input costs and selling prices increased the value of both inventory and receivables. It also said distributors need more funding support when the products they carry become more expensive. Management expects moderation if prices do not increase significantly further.

Petroleum Products
Lubricants
5,379 Cr
Moderate Risk
12.8
14.4
1.0
3.3
1,259.85
864.50
Sales CAGR
Profit CAGR
ROE
ROCE