GULFPETRO
GP Petroleums financials
- Market cap
- ₹327 Cr
- Sector
- Oil, Gas & Consumable Fuels
What GP Petroleums Limited does
GP Petroleums formulates, blends and markets lubricating oils, greases and rubber process oils derived from base oils, sold mainly under its own IPOL brand and, under an exclusive licence from Repsol S.A. (Spain), the REPSOL brand. Its business is organised into three verticals - Industrial Lubricants (metalworking fluids, hydraulic/gear/turbine oils, transformer oils), Rubber Process Oils (aromatic/paraffinic/naphthenic oils for tyre and non-tyre manufacturers) and Automotive Lubricants (diesel engine oils, PCMO, MCO, greases). It also trades in base oils, bitumen and fuel oils to support its manufacturing supply chain.
Segments
- Industrial Lubricants
- Rubber Process Oils (RPO)
- Automotive Lubricants
- Manufacturing plant
- 1 (Vasai, Valiv Village, Thane district, Maharashtra), 9,000+ sq. meters
- Installed blending/production capacity
- 80,000 KL/year
- Base oil storage capacity
- 15,000 KL
- Distributor network
- 500+ distributors, 19 warehouses
- Retail outlets
- 12,000+
- Domestic geographic presence
- 22 states and 4 union territories
Quarterly results
Q1 FY27: revenue up 45.6%, net profit up 250.0% 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 | 125 | 136 | 183 | 158 | 152 +22% | 169 +24% | 163 −11% | 230 +46% |
| EBITDA | 8 | 9 | 13 | 9 | 8 +0% | 9 +0% | 13 +0% | 28 +211% |
| Net profit | 5 | 7 | 9 | 6 | 5 +0% | 5 −29% | 9 +0% | 21 +250% |
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 +56.5% 1Y
1Y: ₹40.94 on 10 Sept 2025 → ₹64.08. High ₹70.52 (24 Aug 2026), low ₹23.94 (30 Mar 2026).
Financials, as filed
Revenue fell 6.7% a year over 3 years, FY23 to FY26. Operating margin widened to 6.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹790 Cr | ₹655 Cr | ₹610 Cr | ₹642 Cr |
| Operating profit | ₹36 Cr | ₹41 Cr | ₹39 Cr | ₹39 Cr |
| Operating margin | 4.6% | 6.3% | 6.4% | 6.1% |
| Interest | ₹-1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹25 Cr | ₹28 Cr | ₹27 Cr | ₹25 Cr |
| Net margin | 3.2% | 4.3% | 4.4% | 3.9% |
| Cash from operations | ₹11 Cr | ₹55 Cr | ₹-8 Cr | ₹44 Cr |
| Free cash flow | ₹16 Cr | ₹43 Cr | ₹-9 Cr | ₹8 Cr |
| ROCE | 12.0% | 12.0% | 11.0% | 11.0% |
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 | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹208 Cr | ₹226 Cr | ₹251 Cr | ₹278 Cr | ₹315 Cr | ₹330 Cr |
| Borrowings | ₹122 Cr | ₹35 Cr | ₹31 Cr | ₹18 Cr | ₹16 Cr | ₹23 Cr |
| Other liabilities | ₹41 Cr | ₹37 Cr | ₹38 Cr | ₹43 Cr | ₹43 Cr | ₹52 Cr |
| Total liabilities | ₹397 Cr | ₹324 Cr | ₹345 Cr | ₹364 Cr | ₹400 Cr | ₹430 Cr |
| Fixed assets | ₹71 Cr | ₹65 Cr | ₹64 Cr | ₹73 Cr | ₹69 Cr | ₹98 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹325 Cr | ₹259 Cr | ₹281 Cr | ₹291 Cr | ₹331 Cr | ₹332 Cr |
| Total assets | ₹397 Cr | ₹324 Cr | ₹345 Cr | ₹364 Cr | ₹400 Cr | ₹430 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, promoters trimmed −4.17 pp while the public added +2.82 pp. The shareholder count shrank 7% to 37,899.
- Promoters
- 37.0%
- FIIs
- 0.4%
- Government
- 1.4%
- Public
- 61.2%
Since Jun 2025
- Promoters −4.17 pp
- Public +2.82 pp
- Government +1.36 pp
How it drifted, 12 quarters
Over this window promoters fell from 63.4% to 37.0% — −26.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 63.4%, FIIs 0.7%, Public 35.8%.Dec '23: Promoters 63.4%, FIIs 1.0%, Public 35.6%.Mar '24: Promoters 63.4%, FIIs 0.6%, Public 36.0%.Jun '24: Promoters 53.4%, FIIs 0.4%, Public 46.1%.Sep '24: Promoters 53.4%, FIIs 0.5%, Public 46.1%.Dec '24: Promoters 48.1%, FIIs 0.5%, DIIs 0.1%, Public 51.3%.Mar '25: Promoters 42.4%, FIIs 0.5%, Public 57.2%.Jun '25: Promoters 41.2%, FIIs 0.4%, Public 58.4%.Sep '25: Promoters 41.2%, FIIs 0.4%, Public 58.4%.Dec '25: Promoters 41.2%, FIIs 0.4%, Public 58.3%.Mar '26: Promoters 37.0%, FIIs 0.5%, Government 1.4%, Public 61.1%.Jun '26: Promoters 37.0%, FIIs 0.4%, Government 1.4%, Public 61.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of GP Petroleums Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Gp Global Apac Pte Ltd | 36.84% | unchanged |
| Incubit Energy (Singapore) Pte Ltd | 13.89% | unchanged |
| Aio Growth Capital Fund Spc VC / PE | 2.81% | unchanged |
| Joint Commissioner State Tax Division 2 Ahmedabad | 1.36% | unchanged |
| Prachi Goel | 0.21% | unchanged |
| Prerit Goel | 0.00% | unchanged |
| Swati Goel | 0.00% | unchanged |
| Anita Goyal | 0.00% | unchanged |
| Ayush Goel | 0.00% | unchanged |
| Sudhir Goyel | 0.00% | unchanged |
| Manan Goel | 0.00% | unchanged |
| Ashok Goyel | 0.00% | unchanged |
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 GP Petroleums Limited
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