India's Largest White Oil Refinery Reports Q4 and FY25 Results: Revenue at Rs 961.7 Crore, FY25 PAT at Rs 83.5 Crore, Investing RS 1,000 Crore to Enhance Infrastructure & Logisctics
Over the past year, the stock has delivered a return of -20.56 per cent.
Gandhar Oil Refinery (India) Ltd., a notable player in the specialty oils and lubricants sector, announced its financial results for the quarter and financial year ended March 31, 2025 (Q4 FY25 and FY25). For Q4 FY25, the company reported consolidated revenue from operations of Rs 961.7 crore, marking a year-on-year growth of 2.4 per cent from Rs 939.2 crore in Q4 FY24. The full-year consolidated revenue for FY25 stood at Rs 3,896.9 crore.
The company also saw an improvement in volumes. Consolidated manufacturing volumes for Q4 FY25 rose by 6.5 per cent year-on-year to 127,726 KL, while the standalone volumes for the same quarter increased by 7.7 per cent to 99,934 KL. For the entire fiscal year, consolidated volumes reached 500,231 KL, and standalone volumes grew by 19.7 per cent year-on-year to 409,186 KL.
DSIJ offers a service 'Pop BTST" with recommendations for intraday stocks for tomorrow based on research and analysis to help subscribers make healthy profits. If this interests you, download the service details pdf here
On the profitability front, Gandhar Oil reported a consolidated EBITDA of Rs 33.6 crore for Q4 FY25, remaining consistent with the same quarter last year. For FY25, consolidated EBITDA stood at Rs 175.6 crore. Profit After Tax (PAT) for Q4 FY25 was Rs 12.3 crore, marginally up from Rs 12.1 crore in Q4 FY24. For the full financial year, PAT amounted to Rs 83.5 crore. The Earnings Per Share (EPS) was Rs 1.2 for Q4 FY25, compared to Rs 1.1 in the corresponding period last year, and Rs 8.2 for the full year.
In terms of revenue composition for FY25, the Pharmaceutical, Health Care, and Performance Oil (PHPO) segment led with 47.27 per cent, followed by Lubricants at 28.60 per cent. Process Insulating Oil (PIO) contributed 9.18 per cent, while Channel Partners accounted for 14.95 per cent. The consolidated manufacturing gross margin spread for Q4 FY25 improved to Rs 0.9144 crore per KL from Rs 0.8815 crore per KL in Q4 FY24. For the full fiscal year, the spread averaged Rs 0.8449 crore per KL.
The company also announced signing a non-binding Memorandum of Understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) to participate in the development of a terminal at Vadhvan Port. The proposed project, expected to begin in 2030, involves an estimated investment of Rs 1,000 crore, subject to a competitive bidding process. This initiative aims to strengthen infrastructure and logistics capabilities.
As of May 23, 2025, shares of Gandhar Oil Refinery closed at Rs 164 on the National Stock Exchange (NSE), with an intraday high of Rs 165.39 and a low of Rs 155.56. The company's market capitalisation stood at Rs 1,616 crore. Over the past year, the stock has delivered a return of -20.56 per cent.
Gandhar Oil Refinery (India) Ltd. operates in the Small-Cap segment and is a key manufacturer of white oils catering to the consumer and healthcare sectors. Its flagship brand "Divyol" markets a range of specialty products including white oils, waxes, jellies, automotive oils, industrial oils, transformer oils, and rubber processing oils.
Disclaimer: The article is for informational purposes only and not investment advice.