G

Gandhar Oil Refinery (India) Limited

GANDHARNSE
Market snapshot · 2026-08-10 22:40 UTC

236.82

₹-5.89 (-2.43%)

MARKET CAP

₹2.32K Cr

STOCK P/E

7.7x

52W HIGH

₹303.17

52W LOW

₹115.00

BOOK VALUE

₹138.30

EPS

₹30.80

ROE

SECTOR

Energy

DEBT/EQUITY

22.51

VOLUME

12.61L

P/B RATIO

1.71x

PEG RATIO

Sector

Energy

Themes

Oil & Gas - Refining & MarketingRefineriesLubricant
D
Dividend
₹279.86₹240.49₹201.13₹161.76₹122.39VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Gandhar Oil Refinery is an oil-products manufacturer focused on white oils for consumer and healthcare markets. Waxes and jellies serve consumer, healthcare, plastics, chemical, textile, and fragrance customers, while lubricants target automotive and industrial equipment. Process and insulating oils supply transformer, power, tyre, and rubber manufacturers. Resumed Silvassa operations should restore capacity after flood disruption, supporting revenue continuity and stable margins. Revenue grew 8.8%, while profit increased 69.1%, indicating earnings growth ahead of sales with stable margins. ROE is unavailable, while debt-to-equity of 22.51 implies substantial leverage and potential pressure on return quality. At 7.9 times earnings, the stock appears discounted versus typical sector valuations and its profit growth rate. However, the valuation discount reflects refinancing, operational-disruption, and execution risks, alongside exposure to trading, logistics, and cyclical industrial demand.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for GANDHAR.

Coverage check

Price Forecast

Current
₹236.82
High Target
Median Target
Low Target
Now₹236.82Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹190.96 - ₹354.2180%
6M₹184.52 - ₹442.1080%
12M₹185.71 - ₹638.9680%
Realized vol: +48.2% · Drift: +49.1%

Revenue Forecast

₹ Cr
Jun '26Current₹1,591.0
Sep 2026 ETrend estimate range
High₹1,292.2Base₹1,196.5Low₹1,100.8
Sep '25: ₹807.0 · Dec '25: ₹923.0 · Mar '26: ₹929.0 · Jun '26: ₹1,591.0 · Sep '26: ₹1,196.5 · Dec '26: ₹1,368.5
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E807.0923.0929.01,591.01,196.51,368.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹18.27
Sep 2026 ETrend estimate range
High₹5.53Base₹4.94Low₹4.34
Sep '25: ₹3.29 · Dec '25: ₹3.66 · Mar '26: ₹4.51 · Jun '26: ₹18.27 · Sep '26: ₹4.94 · Dec '26: ₹5.49
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E3.293.664.5118.274.945.49
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
49%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Strong

Fundamentals institutional score is 100 using growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 2 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Weak Structure

Technicals institutional score is 22 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. fundamentals provide support, while valuation and technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score22%
Fundamental Score100%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 39.2% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.41). Confidence: 77%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Overvalued

5Y Average

5.89

Current

7.88

Overvalued

6.91

Undervalued

4.72

EV/EBITDA
Strongly Overvalued

5Y Average

4.13

Current

5.40

Overvalued

4.75

Undervalued

3.51

P/B
Strongly Overvalued

5Y Average

1.20

Current

1.71

Overvalued

1.38

Undervalued

1.02

Peers & Comparison

Sector: Energy · Theme: Oil & Gas - Refining & Marketing

Oil & Gas - Refining & Marketing Peers8 peers
Avg P/E: 15.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BHARAT PETROLEUM CORP LT
BPCLOil & Gas - Refining & Marketing
+34.4%3.5%
7.9x
Undervalued
-49% vs avg
+0.0%
INDIAN OIL CORP LTD
IOCOil & Gas - Refining & Marketing
+38.5%3.9%
5.8x
Undervalued
-62% vs avg
+1.4%
KOTYARK INDUSTRIES LTD
KOTYARKOil & Gas - Refining & Marketing
+83.4%6.2%
25.2x
Premium
+64% vs avg
+95.4%
A B INFRABUILD LIMITED
ABINFRAOil & Gas - Refining & Marketing
+17.0%7.5%
33.9x
Premium
+120% vs avg
-47.6%
CHENNAI PETROLEUM CORP LT
CHENNPETROOil & Gas - Refining & Marketing
+84.8%5.5%
4.4x
Undervalued
-71% vs avg
+93.5%
ADVANCE PETROCHEMICALS LTD
ADVANCE PETROCHEMICALS LTDOil & Gas - Refining & Marketing
RESGEN LTD
RESGEN LTDOil & Gas - Refining & Marketing
TOSS THE COIN LTD
TOSS THE COIN LTDOil & Gas - Refining & Marketing
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.59K CrJun 2026

Latest net profit

₹179 CrJun 2026

Latest EPS

₹18.27Jun 2026

Net margin

16.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-650 Cr0.00 Cr650 Cr1.30K Cr1.95K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +6986907377177907618577527458079239291,591
Expenses +6386376667017397278237257057558738641,342
Operating Profit605371175135342641524966249
OPM %9%8%10%2.3%6%4.5%3.9%3.5%5%6%5%7%16%
Other Income +4229533434953
Interest9111189879666510
Depreciation4444555766666
Profit before tax514158134225241532444660236
Tax %25%25%25%54%32%26%27%28%18%26%22%26%24%
Net Profit +39304462918181126323644179
EPS in Rs4.823.814.460.622.961.871.791.082.683.293.664.5118.27
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +65.01%65.01%66.18%66.47%66.60%
FIIs +0.24%0.17%0.34%0.14%1.27%
DIIs +1.97%2.05%0.43%0.09%1.02%
Public +32.80%32.77%33.05%33.30%31.10%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Impact On Operations Due To Flooding Caused By Unprecedented Heavy Rains At The Company''s Silvassa Plant

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 28, 2026PDFCompany Reports Open

Communication To Shareholders - Intimation Of Tax Deduction On Interim Dividend

Jul 27, 2026PDFCompany Reports Open

Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015

Jul 24, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 23, 2026PDFCompany Reports Open