Gandhar Oil Refinery (India) logo

Gandhar Oil Refinery (India) share price

NSE: GANDHARBSE: 544029Petroleum ProductsSmall Cap

Gandhar Oil Refinery (India) Limited · Face value ₹2 · Listed Nov 2023 · Issue price ₹169
Last close ₹314.90up ₹14.65 (4.88%)BSE ₹314.85

Share price at the NSE close on 27 Oct 2026. Previous close ₹300.25.

27 Oct: open ₹304.00, high ₹318.90, low ₹297.45

52-week range of traded prices to 27 Oct 2026
₹115.00Low, 30 Mar 2026₹318.90High, 27 Oct 2026
Market cap
₹3,082 Cr1,296th largest listed
P/E
7.00
P/B
1.81
Dividend yield
0.87%
ROE
29.5%
ROCE
35.6%
Debt to equity
0.05
Volume, NSE
25,81,25146.9% delivered

Gandhar Oil Refinery (India) share price chart

Daily closes since Nov 2023, adjusted for splits and bonuses

+130.1%over a year · Nifty 500 −8.8%

ResultsDividend20-session average 9,81,959 shares a day, 46.6% delivered
Revenue growth, 12 months
+48.6%
Net profit growth, 12 months
+371.9%

Quarter to Sep 2026, against the quarter before

Revenue
₹1,847 Crup 6.62%
Net profit
₹186 Crdown 9.53%
Net margin
10.1%

Revenue by quarter

₹1,005 CrDec 24₹962 CrMar 25₹903 CrJun 25₹1,060 CrSep 25₹1,167 CrDec 25₹1,093 CrMar 26₹1,732 CrJun 26₹1,847 CrSep 26
Peak revenue ₹1,847 Cr, quarter to Sep 2026; lowest ₹903 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹20 CrDec 24₹12 CrMar 25₹26 CrJun 25₹40 CrSep 25₹34 CrDec 25₹37 CrMar 26₹206 CrJun 26₹186 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue1,0059629031,0601,1671,0931,7321,847
Net profit201226403437206186
Net margin2.0%1.3%2.9%3.8%2.9%3.4%11.9%10.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, petroleum products specialty oils, which carries all its revenue.

Valuation

Today, against the company's own history.Gandhar Oil Refinery (India) PE ratio and valuation

Price to earnings

At or below today's level on 0.2% of 598 trading days since May 2024.

LowestHighest
Its median16.39Industry median10.33
Price to book

At or below today's level on 84% of 598 trading days since May 2024.

LowestHighest
Its median1.33Industry median2.06
Dividend yield

At or below today's level on 85% of 720 trading days since Dec 2023.

LowestHighest
Its median0.31%Industry median2.60%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−16.8%+69.1%−51.2%0.6%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Gandhar Oil Refinery (India) shareholding pattern

Shareholding by group

  • Promoters66.65%
  • Foreign institutions5.47%
  • Indian institutions1.07%
  • Individuals and others26.81%
Holder
Ramesh Babulal ParekhPromoter28.80%
Gulab Jitendra ParekhPromoter8.74%
Padmini Kailash ParekhPromoter8.73%
Sunita Rameshkumar ParekhPromoter2.76%
Rajiv Jitendra ParekhPromoter2.17%
Saurabh Ramesh ParekhPromoter2.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters +0.05 pts, foreign institutions +4.19 pts, Indian institutions +0.05 pts.

Mutual fund holdings

1 fund disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
1
Fund
ITI Mutual Fund logoITI ELSS Tax Saver FundITI Mutual Fund2,83,9091.78%₹7.92 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Gandhar Oil Refinery (India) insider trading

Bought on the market Sold on the market
  • Promoters and promoter group17 purchases, 0 sales₹14 CrNo saleNet₹14 Cr2 off-market moves
  • Others10 purchases, 0 sales₹11 CrNo saleNet₹11 Cr8 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Gandhar Oil Refinery (India) competitors and peers

Lubricants, 10 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Gandhar Oil Refinery (India) in market cap.Oil and gas companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Castrol India logoCastrol IndiaCASTROLIND18,68118.489.79+17.0%+3.5%54.2%70.2%6.09%
Gulf Oil Lubricants India logoGulf Oil Lubricants IndiaGULFOILLUB5,23013.953.40+16.3%+1.4%25.0%22.9%4.83%
Savita Oil Technologies logoSavita Oil TechnologiesSOTL4,84211.702.67+26.1%+221.6%23.8%27.2%0.71%
Panama Petrochem logoPanama PetrochemPANAMAPET3,0266.322.06+45.9%+166.8%35.2%38.4%0.60%
Veedol Corporation logoVeedol CorporationVEEDOL2,26710.312.19+12.9%+21.3%22.6%22.3%4.46%
GP Petroleums logoGP PetroleumsGULFPETRO3486.820.90+43.6%+87.6%14.0%15.6%0.73%
Arabian Petroleum logoArabian PetroleumARABIAN11610.331.67+44.9%+23.5%17.6%–0.00%
Greenhitech Ventures logoGreenhitech VenturesGVL4863.920.47––1.3%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Gandhar Oil Refinery (India) dividend history

Dividend per share, ₹, restated for later splits and bonuses

0.5Mar 240.5Mar 250.8Mar 262Mar 27so far
Highest ₹2.00 a share, year to Mar 2027 so far.
Ex-dateTypePer share
31 Jul 2026Interim₹2.00
30 Jan 2026Interim₹0.75
1 Aug 2025Final₹0.50
23 Aug 2024Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Gandhar Oil Refinery (India) announcements

Gandhar Oil Refinery (India) share price by year

Each calendar year to 2025.Gandhar Oil Refinery (India) share price history

YearClose at year endChangeHighest closeLowest close
2025154.36−27.4%219.33121.88
2024212.72−22.1%275.00189.65
2023272.95–309.70270.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 30 Nov 2023.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026295.50305.00290.00300.25297.6811,94,11341.2%
23 Oct 2026296.00300.95285.65293.00292.8512,39,94952.0%
22 Oct 2026280.00297.00273.55295.00288.196,92,06938.7%
21 Oct 2026300.00300.15282.00283.20287.566,37,50449.9%
19 Oct 2026297.00300.80279.95297.75293.495,41,11948.7%
16 Oct 2026300.95302.00294.30296.65296.953,88,45048.6%
15 Oct 2026312.90313.50295.00299.10302.356,70,95456.2%
14 Oct 2026301.90312.00300.35310.95308.8710,62,16753.0%
13 Oct 2026310.00310.85296.70301.90300.877,21,67034.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
RAMESH BABULAL PAREKH
At the end of the quarter to Jun 2026
Managing director
SAMIR RAMESH PAREKH
At the end of the quarter to Jun 2026
Managing director
ASLESH RAMESHKUMAR PAREKH
At the end of the quarter to Jun 2026
NSE symbol
GANDHAR
BSE code
544029
ISIN
INE717W01049
Industry
Petroleum Products
CIN
L23200MH1992PLC068905
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
DLH Park, 18th floor, S.V. Road, Goregaon (W), Mumbai 400062, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments