GNRL
Gujarat Natural Resources share price & financials
- Price
- ₹102.4
- Market cap
- ₹1.6k Cr
- Sector
- Oil, Gas & Consumable Fuels
Quarterly results
Q1 FY27: revenue up 100.0%, net profit up 450.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 4 | 4 | 3 | 9 +80% | 7 +75% | 11 +175% | 6 +100% |
| EBITDA | 2 | 0 | -3 | 0 | 5 +150% | 4 | 2 +167% | 12 |
| Net profit | 0 | -3 | -2 | 2 | 4 | 3 +200% | 1 +150% | 11 +450% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +68.0% 1Y
1Y: ₹62.55 on 10 Sept 2025 → ₹105.1. High ₹114.3 (12 Aug 2026), low ₹62.55 (10 Sept 2025).
Financials, as filed
Revenue grew 5.4% a year over 2 years, FY24 to FY26. Operating margin widened to 36.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹27 Cr | ₹19 Cr | ₹30 Cr |
| Operating profit | ₹6 Cr | ₹2 Cr | ₹11 Cr |
| Operating margin | 22.2% | 10.5% | 36.7% |
| Interest | ₹3 Cr | ₹4 Cr | ₹2 Cr |
| Depreciation | ₹7 Cr | ₹6 Cr | ₹6 Cr |
| Net profit | ₹-4 Cr | ₹-4 Cr | ₹10 Cr |
| Net margin | -14.8% | -21.1% | 33.3% |
| Cash from operations | ₹-2 Cr | ₹-30 Cr | ₹67 Cr |
| Free cash flow | ₹-1 Cr | ₹-33 Cr | ₹-2 Cr |
| ROCE | -1.0% | -1.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹56 Cr | ₹80 Cr | ₹80 Cr | ₹80 Cr | ₹128 Cr | ₹153 Cr |
| Reserves | ₹50 Cr | ₹38 Cr | ₹33 Cr | ₹29 Cr | ₹53 Cr | ₹55 Cr |
| Borrowings | ₹24 Cr | ₹20 Cr | ₹36 Cr | ₹41 Cr | ₹9 Cr | ₹13 Cr |
| Other liabilities | ₹19 Cr | ₹18 Cr | ₹14 Cr | ₹10 Cr | ₹22 Cr | ₹23 Cr |
| Total liabilities | ₹149 Cr | ₹156 Cr | ₹163 Cr | ₹160 Cr | ₹212 Cr | ₹244 Cr |
| Fixed assets | ₹41 Cr | ₹38 Cr | ₹46 Cr | ₹56 Cr | ₹54 Cr | ₹57 Cr |
| Capital work in progress | ₹38 Cr | ₹39 Cr | ₹39 Cr | ₹21 Cr | ₹39 Cr | ₹68 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹70 Cr | ₹79 Cr | ₹78 Cr | ₹83 Cr | ₹120 Cr | ₹119 Cr |
| Total assets | ₹149 Cr | ₹156 Cr | ₹163 Cr | ₹160 Cr | ₹212 Cr | ₹244 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +0.80 pp while the public trimmed −0.42 pp.
- Promoters
- 1.9%
- FIIs
- 1.1%
- Public
- 97.0%
Since Jun 2025
- FIIs +0.80 pp
- Public −0.42 pp
- Promoters −0.38 pp
How it drifted, 12 quarters
Over this window promoters fell from 9.5% to 1.9% — −7.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 9.5%, Public 90.5%.Dec '23: Promoters 9.5%, Public 90.5%.Mar '24: Promoters 9.5%, Public 90.5%.Jun '24: Promoters 3.0%, Public 97.0%.Sep '24: Promoters 3.0%, Public 97.0%.Dec '24: Promoters 2.3%, Public 97.7%.Mar '25: Promoters 2.3%, FIIs 0.2%, Public 97.5%.Jun '25: Promoters 2.3%, FIIs 0.3%, Public 97.4%.Sep '25: Promoters 2.3%, FIIs 1.2%, Public 96.5%.Dec '25: Promoters 2.3%, FIIs 0.9%, Public 96.8%.Mar '26: Promoters 2.3%, FIIs 0.3%, Public 97.4%.Jun '26: Promoters 1.9%, FIIs 1.1%, Public 97.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- L7 Hitech Private Limited +12.21 pp 17.66% held
- Vansh Ravi Agrawal newly disclosed 6.52% held
The same filing shows 12 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Gujarat Natural Resources Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| L7 Hitech Private Limited | 17.66% | +12.21 pp |
| Vansh Ravi Agrawal | 6.52% | newly disclosed |
| Monesh Israni | 4.23% | −0.82 pp |
| Prakash Uttamchand Wadhwani | 4.10% | −0.80 pp |
| Ravi Lalwani | 2.49% | −0.48 pp |
| Mahesh Lalwani | 1.66% | −0.32 pp |
| Standard Greases And Specialities Private Limited | 1.28% | −0.31 pp |
| Earth Stone Commodities Private Limited | 1.17% | −0.23 pp |
| Rajasthan Securities Limited . | 1.02% | −0.19 pp |
| Anoop Jain | 1.00% | −0.20 pp |
| Payal Shalin Shah | 0.59% | −0.11 pp |
| Rhetan Tmt Ltd | 0.53% | −0.10 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Gujarat Natural Resources Limited
Guides on how to read this kind of business and the numbers that matter.