GULFOILLUB quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Gulf Oil Lubricants India Ltd reported sales of ₹1,409 Cr, operating profit of ₹163 Cr (OPM 12%) and net profit of ₹115 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
GULFOILLUB quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
920
953
1,016
967
1,018
1,055
1,327
1,409
Expenses
798
824
889
849
885
919
1,161
1,245
Operating Profit
123
129
127
117
132
136
166
163
OPM
13%
14%
13%
12%
13%
13%
12%
12%
Other Income
34
23
23
26
2
25
27
27
Interest
15
10
6
13
14
23
8
15
Depreciation
13
16
16
16
18
19
20
21
Profit before tax
129
125
128
113
102
120
165
154
Tax
25%
26%
26%
26%
25%
25%
27%
26%
Net Profit
97
93
95
84
76
90
121
115
EPS in Rs
19.86
18.7
19.45
17.35
15.5
18.17
24.87
23.29
GULFOILLUB profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
2,192
2,999
3,301
3,631
4,056
4,809
Expenses
1,906
2,656
2,880
3,159
3,542
4,211
Operating Profit
285
343
421
472
514
598
OPM
13%
11%
13%
13%
13%
12%
Other Income
44
47
68
99
75
81
Interest
10
38
26
36
56
61
Depreciation
36
40
51
56
69
78
Profit before tax
284
313
412
479
463
541
Tax
26%
26%
25%
25%
26%
-
Net Profit
211
232
308
357
345
401
EPS in Rs
41.85
47.39
62.63
72.99
70.37
81.83
Dividend Payout
12%
53%
57%
66%
73%
-
GULFOILLUB balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
10
10
10
10
10
Reserves
1,285
1,452
1,639
1,526
1,629
Borrowings
365
467
507
567
852
Other Liabilities
749
829
759
905
1,206
Total Liabilities
2,408
2,758
2,915
3,008
3,697
Fixed Assets
368
390
397
417
464
CWIP
15
19
5
32
17
Investments
91
89
89
51
51
Other Assets
1,935
2,260
2,424
2,509
3,165
Total Assets
2,408
2,758
2,915
3,008
3,697
GULFOILLUB cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
-24
273
341
395
350
Cash from Investing Activity
-17
30
-51
77
11
Cash from Financing Activity
98
-202
-238
-150
-251
Net Cash Flow
57
102
53
323
110
Free Cash Flow
-48
250
315
355
299
CFO/OP
18%
107%
105%
110%
93%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit