📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
Latest filing: 2026-09-01 16:59
0 analysed today
0
Today
133,620
All-time analysed
40,132
Positive
6,284
Negative
79,384
Neutral
7,752
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
42 announcements match the current filters (relevance ≥ 5).
CRISIL Assigns 'CRISIL A+/Stable' and 'CRISIL A1' Ratings for ₹300 Cr Bank Facilities
Gandhar Oil Refinery (India) Limited announced that CRISIL Ratings Limited has assigned credit ratings to its bank facilities totaling ₹300 crore. The long-term bank loan facilities have been assigned a rating of 'CRISIL A+/Stable', while the short-term facilities have received 'CRISIL A1'. The rating reflects a healthy credit profile, backed by the company's low leverage (debt-to-equity of 0.07x on net worth of ₹1,301 crore).
Confidence: HIGH
What changedCRISIL Ratings assigned formal investment-grade credit ratings (A+/Stable and A1) across ₹300 crore of bank loan facilities.
Why it mattersA strong credit rating facilitates access to competitive borrowing rates from lenders, supporting working capital and raw material import financing.
Total Bank Loan Facilities Rated: Rs.300 croreLong Term Rating: Crisil A+/StableShort Term Rating: Crisil A1Rated facilities vs Net worth: ~23.1%
📅 Short termValidates the company's strong solvency and liquidity position to the market.
📈 Long termMaintains low borrowing costs and supports ongoing business expansion in the specialty oils segment.
⚠ Risk flags
- Volatility in base oil import prices and global supply chain disruptions.
Key Highlights
CRISIL Ratings assigned ratings to ₹300 crore total bank loan facilities.
Long-term bank facilities assigned 'CRISIL A+/Stable' rating.
Short-term bank facilities assigned 'CRISIL A1' rating.
👀 What to Watch
Track ongoing interest cost trends and working capital facility utilization in subsequent quarterly reports.
CRISIL assigns 'CRISIL A+/Stable' and 'CRISIL A1' to Rs 300 Cr bank facilities
CRISIL Ratings Limited has assigned credit ratings to Gandhar Oil Refinery's bank loan facilities totaling Rs 300 crore. The agency assigned a long-term rating of 'CRISIL A+/Stable' and a short-term rating of 'CRISIL A1'. The rated facilities of Rs 300 crore represent ~23.1% of the company's net worth (Rs 1,301 crore) and ~5.9% of TTM revenue (Rs 5,052 crore). This strong credit profile is supported by a conservative leverage profile with a debt-to-equity ratio of 0.07.
Confidence: HIGH
What changedCRISIL assigned fresh credit ratings of 'CRISIL A+/Stable' for long-term and 'CRISIL A1' for short-term bank facilities totaling Rs 300 crore.
Why it mattersConfirms strong creditworthiness and healthy liquidity, facilitating competitive borrowing rates for working capital and business operations.
Total Bank Loan Facilities Rated: Rs.300 croreLong Term Rating: Crisil A+/StableShort Term Rating: Crisil A1Rated facilities vs Net Worth: ~23.1%
📅 Short termNeutral to mildly positive; reinforces investor confidence in the company's balance sheet strength.
📈 Long termSupports financial flexibility and cost-effective debt funding as the company scales its PHPO segment and overseas expansion.
⚠ Risk flags
- Crude and base oil price volatility impacting working capital funding requirements
Key Highlights
Total bank loan facilities rated: Rs 300 crore
Long-term rating assigned: CRISIL A+/Stable
Short-term rating assigned: CRISIL A1
Rated facilities equal ~23.1% of net worth (Rs 1,301 Cr)
👀 What to Watch
Track subsequent updates on borrowing costs and credit facility drawdowns utilized for working capital or ongoing expansion in high-margin specialty oils.
Gandhar Oil Q1 FY27 PAT Jumps 688% YoY to ₹206 Cr; Margins Hit Record 16.2%
Gandhar Oil delivered its highest-ever quarterly performance in Q1 FY27, with PAT of ₹206 cr exceeding the entire profit generated in FY26. Revenue surged 92% YoY to ₹1,732 cr, driven by an 8% volume growth and a massive expansion in gross margin spreads to ₹28,145 per KL (up from ₹8,274 YoY). This exceptional profitability was fueled by supply chain disruptions in the Middle East, which allowed for higher realizations despite volatile base oil costs. Exports now contribute a significant 51% of total revenue, up from 37% in the previous year.
Confidence: HIGH
What changedGandhar Oil achieved record-breaking quarterly revenue and profitability, with a single quarter's profit surpassing the previous full financial year's earnings.
Why it mattersThe results demonstrate strong pricing power and operational agility in a disrupted global supply chain environment, significantly strengthening the company's cash position and debt-free balance sheet.
Q1 FY27 PAT: ₹206 crYoY Revenue Growth: 92%Gross Margin Spread: ₹28,145/KLEBITDA Margin: 16.20%Export Revenue Share: 51%Interim Dividend: 100% of face value
📅 Short termThe stock is likely to react positively to the massive earnings beat and record-high margins, though investors may weigh the 'exceptional' nature of current spreads.
📈 Long termStructural growth in specialty oils and expanding global footprint provide a strong foundation, though margins are expected to eventually mean-revert toward historical levels.
⚠ Risk flags
- Sustainability of exceptional gross margin spreads
- Geopolitical disruptions in the Middle East affecting freight and supply
- Volatility in crude and base oil pricing
Key Highlights
Consolidated PAT of ₹206 cr in Q1 FY27 represents a 688% YoY increase and 456% QoQ growth.
EBITDA margins expanded to 16.20% from 5.1% in Q1 FY26, driven by disciplined sourcing and inventory management.
Gross margin spreads reached ₹28,145 per kilolitre, a 3.4x increase compared to the year-ago period.
Export volumes grew 54% YoY, with international markets now accounting for over half of consolidated revenue.
The PHPO (Personal Care, Health Care, and Performance Oil) segment grew 18% YoY, remaining the primary growth engine.
👀 What to Watch
Investors should monitor the sustainability of the current gross margin spreads as global supply chains normalize. Key to watch is the management's ability to maintain volume growth in the high-margin PHPO segment while navigating geopolitical risks in the Middle East.
₹2 Interim Dividend: Gandhar Oil Refinery Sets July 31 as Record Date for FY27
Gandhar Oil Refinery (India) Limited has declared an interim dividend of ₹2 per equity share for the financial year 2026-27, which is 100% of its face value. The company has fixed July 31, 2026, as the record date to determine shareholder eligibility. This announcement details the Tax Deduction at Source (TDS) procedures, with a standard 10% rate for resident shareholders with a valid PAN and 20% for those without. The dividend yield for this specific interim payout is approximately 0.82% based on the current market price of ₹243.7.
Confidence: HIGH
What changedThe company has formalized the administrative process and record date for the interim dividend declared on July 22, 2026.
Why it mattersThis represents a routine return of capital to shareholders. While the yield for this specific interim payout is modest (~0.82%), it reflects the company's current cash distribution policy.
Interim Dividend: ₹2 per shareDividend as % of Face Value: 100%Record Date: July 31, 2026Interim Dividend Yield: 0.82%Standard Resident TDS: 10%
📅 Short termThe stock may see minor price adjustments around the ex-dividend date (typically one day before the record date).
📈 Long termLimited structural significance; this is a routine administrative filing for a scheduled dividend payment.
Key Highlights
Interim dividend of ₹2 per equity share declared for FY 2026-27.
Record date for dividend eligibility is fixed as July 31, 2026.
Standard TDS rate of 10% for resident shareholders with valid PAN updated in records.
Exemption from TDS for resident individuals if the total dividend paid in FY 2026-27 does not exceed ₹10,000.
Non-resident shareholders face a 20% TDS rate unless Tax Treaty benefits are claimed with valid documentation.
👀 What to Watch
Shareholders should ensure their PAN, residential status, and bank account details are updated with their Depository Participant (DP) or the Registrar (MUFG Intime India) by July 31, 2026, to ensure correct tax treatment and payment.
Operational Disruption at Silvassa Plant Due to Flooding; Impact Assessment Underway
Gandhar Oil Refinery has reported a disruption at its Silvassa manufacturing plant (Unit No. 2) due to severe flooding following 48 hours of heavy rain. The company is currently evaluating the extent of damage to assets and production, though it has confirmed that adequate insurance coverage is in place. Given the company's 26.5% market share in the Indian white oil segment, any prolonged shutdown could impact quarterly volumes. The company has already notified its insurers and is working to restore operations at the earliest.
Confidence: MEDIUM
What changedOperations at the Silvassa plant have been halted due to a natural calamity (flooding), moving the facility from active production to an assessment phase.
Why it mattersSilvassa is a key manufacturing site for Gandhar; disruptions here could affect supply to marquee clients like P&G and Unilever and potentially squeeze the company's 5.6% operating margins.
Rainfall duration: 48 hoursMarket share (White Oil): 26.5%H1 FY26 Mfg Volume: 261,524 KLTTM Revenue: Rs 4223 Cr
📅 Short termNegative sentiment is expected in the immediate term as the market awaits clarification on the 'quantum of loss' and the duration of the shutdown.
📈 Long termLikely limited structural impact, provided the disruption is short-lived and insurance covers the majority of asset damage and loss of profit.
⚠ Risk flags
- Operational downtime
- Asset damage
- Supply chain disruption for marquee clients
Key Highlights
Heavy rainfall over a 48-hour period led to severe waterlogging and flood-like conditions at the Silvassa facility.
The company maintains a 26.5% market share in India's white oil market, making the Silvassa plant a critical operational hub.
Consolidated manufacturing volumes reached 261,524 KL in H1 FY26, representing a 9% increase year-on-year prior to this event.
Insurance claims have been initiated to mitigate potential financial losses to assets and production disruption.
👀 What to Watch
Monitor for a subsequent disclosure regarding the estimated financial loss and the specific date for resumption of operations to gauge the impact on Q2 FY27 results.
633% PAT Growth to ₹206 Cr; Gandhar Oil Reports Record Q1 FY27 Results
Gandhar Oil reported a record-breaking Q1 FY27 with PAT surging 633% YoY to ₹206 crore, surpassing its entire TTM PAT of ₹137 crore in a single quarter. Revenue grew 92% YoY to ₹1,732 crore, driven by an 8% increase in manufacturing volumes and a massive 3.4x expansion in gross margin spreads to ₹28,145 per kl. The company also declared an interim dividend of 100% of face value. This performance was primarily anchored by the high-margin PHPO segment and improved traction in Process Insulating Oil (PIO).
Confidence: HIGH
What changedGandhar Oil has delivered a massive earnings surprise, with quarterly profits jumping from a historical range of ₹20-40 crore to over ₹200 crore.
Why it mattersThe results demonstrate significant operating leverage and a successful shift toward high-margin specialty oil segments (PHPO), which could lead to a fundamental re-rating of the stock if sustained.
Q1 FY27 PAT: ₹206 CrQ1 Revenue vs TTM Revenue: 41.01%YoY PAT Growth: 633%Gross Margin Spread: ₹28,145 per klManufacturing Volume Growth: 8%
📅 Short termThe stock is likely to react very positively in the short term due to the massive earnings beat and the high dividend announcement.
📈 Long termIf the company maintains these margin levels through its focus on value-added PHPO products and global expansion, it represents a structural improvement in its financial profile.
⚠ Risk flags
- Crude oil price volatility affecting base oil costs
- Geopolitical risks in West Asia impacting supply chains
- Sustainability of exceptionally high gross margins
Key Highlights
Consolidated Profit After Tax (PAT) reached a record ₹206 crore, up 633% from ₹26 crore in Q1 FY26.
Revenue from operations increased 92% YoY to ₹1,732 crore, representing ~41% of the previous TTM revenue.
Gross margin spread expanded significantly to ₹28,145 per kl compared to the previous year.
Manufacturing sales volumes grew 8% YoY to 1,31,247 kl, led by the PHPO segment at 68,815 kl.
Board declared an interim dividend of 100% of the face value.
👀 What to Watch
Investors should monitor the sustainability of the ₹28,145 per kl gross margin spread in future quarters to determine if this is a structural shift or a one-time gain from inventory/sourcing. Watch for the upcoming record date for the 100% interim dividend.
₹206 Cr PAT in Q1 FY27; Gandhar Oil Reports Record Quarterly Performance with 689% YoY Profit Growth
Gandhar Oil reported its highest-ever quarterly performance for Q1 FY27, with PAT surging 689% YoY to ₹206 Cr, which is ~150% of its entire TTM PAT. Revenue grew 92% YoY to ₹1,732 Cr, driven by 8% volume growth and a massive 3.4x expansion in gross margin spreads to ₹28,145 per kl. EBITDA margins improved significantly to 16.2% from 5.1% in the same quarter last year, reflecting a shift toward high-margin segments. The company also declared an interim dividend of 100% of face value.
Confidence: HIGH
What changedGandhar Oil achieved record-breaking quarterly profitability and revenue, significantly exceeding historical averages and market expectations.
Why it mattersThe sharp margin expansion suggests a successful shift toward the high-margin PHPO segment and efficient sourcing, potentially re-rating the stock's earnings profile if these levels are maintained.
Q1 PAT: ₹206 CrQ1 PAT vs TTM PAT: 150.3%Q1 Revenue vs TTM Revenue: 41.0%Gross Margin Spread: ₹28,145/klEBITDA Margin: 16.2%
📅 Short termThe stock is likely to react very positively to the massive earnings beat and significant margin expansion reported for the quarter.
📈 Long termStructural improvement is possible if the company continues to increase the share of value-added products in the PHPO segment, though crude oil volatility remains a key variable.
⚠ Risk flags
- Crude oil price volatility impacting base oil costs
- Geopolitical disruptions affecting freight costs
- Sustainability of current high margin spreads
Key Highlights
PAT reached ₹206 Cr, a 689% increase compared to ₹26.1 Cr in Q1 FY26
Revenue from operations stood at ₹1,732 Cr, representing 41% of the previous TTM revenue
Gross margin spread expanded to ₹28,145 per kl from ₹8,274 per kl in Q1 FY26
Consolidated EBITDA margin jumped to 16.2% from 5.1% YoY
Total sales volumes grew 8% YoY to 1,31,449 kl
👀 What to Watch
Investors should monitor if the exceptionally high gross margin spreads (₹28,145/kl) are sustainable or driven by one-time inventory gains. Watch for management commentary on the sustainability of the 16.2% EBITDA margin in upcoming quarters.
₹178.82 Cr PAT in Q1 FY27; ₹2 Interim Dividend declared with July 31 Record Date
Gandhar Oil reported a massive surge in standalone Q1 FY27 performance, with revenue growing 113% YoY to ₹1,591.05 Cr. Net profit jumped to ₹178.82 Cr from ₹26.22 Cr in Q1 FY26, representing a 582% increase. The board declared an interim dividend of ₹2 per share (100% of face value) with a record date of July 31, 2026. Additionally, the company is seeking to amend its Memorandum of Association to permit trading and investing in a wide range of financial instruments and commodities.
Confidence: HIGH
What changedThe company reported exceptionally strong Q1 FY27 results, declared an interim dividend, and proposed expanding its business objects to include financial trading.
Why it mattersThe profit surge indicates strong operational leverage or a successful shift to higher-margin products; the MOA change suggests a potential new direction for treasury or trading operations.
Q1 FY27 Revenue: ₹1,591.05 CrQ1 FY27 Net Profit: ₹178.82 CrInterim Dividend: ₹2 per shareRevenue vs TTM Revenue: ~37.6%Dividend Record Date: July 31, 2026
📅 Short termThe stock is likely to react positively in the coming days due to the significant earnings beat and the dividend announcement.
📈 Long termIf the company maintains this growth trajectory in its core specialty oil business, it represents a significant structural scale-up; however, the new trading objects introduce a different risk profile.
⚠ Risk flags
- Crude oil price volatility
- Logistical risks (Red Sea crisis)
- Potential risks from new financial trading activities
Key Highlights
Standalone Revenue for Q1 FY27 reached ₹1,591.05 Cr, up from ₹745.44 Cr in the same quarter last year
Standalone Net Profit surged to ₹178.82 Cr, a 582% increase compared to ₹26.22 Cr in Q1 FY26
Interim Dividend of ₹2 per share (100% of face value) declared for the financial year 2026-27
Record date for dividend entitlement is fixed as July 31, 2026, with the AGM scheduled for September 11, 2026
Proposed MOA amendment to allow business in shares, derivatives, and commodity trading (Clause 75)
👀 What to Watch
Investors should monitor the sustainability of these high margins in upcoming quarters and seek clarity on the strategic intent behind the new MOA clause allowing financial instrument trading.
Rs 2 Dividend Declared as Q1 FY27 Standalone PAT Surges 582% YoY to Rs 178.82 Cr
Gandhar Oil Refinery reported an exceptional standalone performance for Q1 FY27, with revenue growing 113% YoY to Rs 1,591.05 Cr. Net profit for the single quarter reached Rs 178.82 Cr, which remarkably exceeds the entire TTM PAT of Rs 137 Cr. The Board declared an interim dividend of Rs 2 per share (100% of face value) with a record date of July 31, 2026. Additionally, the company is amending its Memorandum of Association to permit trading and hedging in various financial instruments and commodities.
Confidence: HIGH
What changedGandhar Oil has delivered a massive earnings surprise for Q1 FY27 and initiated a dividend payout, while also expanding its corporate objects to include financial instrument trading.
Why it mattersThe quarterly profit exceeding the previous full year's TTM profit indicates a potential structural shift in profitability or a highly favorable market cycle for specialty oils. The dividend payout signals management confidence in cash flow.
Q1 FY27 Standalone Revenue: Rs 1,591.05 CrQ1 Revenue vs TTM Revenue: 37.6%Q1 FY27 Standalone PAT: Rs 178.82 CrInterim Dividend: Rs 2 per shareDividend Record Date: July 31, 2026
📅 Short termThe stock is likely to react very positively in the short term due to the massive earnings beat and the 100% face-value dividend announcement.
📈 Long termIf the company can sustain even a portion of this improved margin profile, it could lead to a significant valuation re-rating given its leadership in the white oil market.
⚠ Risk flags
- Sustainability of sudden margin expansion
- Potential risks from new financial instrument trading/hedging activities
- Crude oil price volatility impacting base oil costs
Key Highlights
Standalone Revenue for Q1 FY27 increased 113.4% YoY to Rs 1,591.05 Cr from Rs 745.44 Cr.
Standalone Net Profit surged 582% YoY to Rs 178.82 Cr, representing a significant margin expansion.
Interim Dividend of Rs 2 per share declared, with the record date set for July 31, 2026.
Quarterly EPS stood at Rs 19.65, compared to Rs 2.68 in the corresponding quarter of the previous year.
Company proposed altering its MOA to include a new clause for trading and hedging in shares, securities, and commodities.
👀 What to Watch
Investors should investigate the drivers behind this massive margin expansion to determine if it results from sustainable operational shifts or one-time inventory gains. Monitor the upcoming consolidated results for a complete picture of group performance.
Rs 178 Cr PAT in Q1 FY27; Gandhar Oil Reports 582% Profit Surge and Declares Rs 2 Dividend
Gandhar Oil Refinery reported a stellar standalone performance for Q1 FY27, with revenue growing 113% YoY to Rs 1,591.05 Cr. Net profit (PAT) saw a massive jump of 582% YoY, reaching Rs 178.82 Cr compared to Rs 26.22 Cr in the previous year's quarter. The board declared an interim dividend of Rs 2 per share (100% of face value) with a record date of July 24, 2026. Additionally, the company appointed a new Independent Director and amended its Memorandum of Association to permit trading and hedging in financial instruments.
Confidence: HIGH
What changedThe company reported a massive YoY increase in both top-line and bottom-line for Q1 FY27 and initiated a 100% interim dividend payout.
Why it mattersThe significant growth in revenue and profit indicates strong operational momentum or a shift toward higher-margin specialty products, while the dividend provides immediate yield to shareholders.
Q1 FY27 Revenue: Rs 1,591.05 CrQ1 FY27 PAT: Rs 178.82 CrInterim Dividend: Rs 2 per shareRevenue Growth (YoY): 113.4%PAT Growth (YoY): 582.0%Q1 Revenue vs TTM Revenue: 37.7%
📅 Short termThe stock is likely to react positively in the short term due to the substantial earnings beat and the upcoming dividend record date (July 24).
📈 Long termIf the company maintains this higher revenue base and improved margins, it could lead to a significant re-rating; however, the new financial trading clause adds a layer of risk management complexity.
⚠ Risk flags
- Crude oil price volatility impacting base oil costs
- Potential risks from new financial instrument trading/hedging activities
- Logistical disruptions (e.g., Red Sea crisis) affecting margins
Key Highlights
Standalone Revenue for Q1 FY27 surged 113% YoY to Rs 1,591.05 Cr from Rs 745.44 Cr.
Net Profit (PAT) increased 582% YoY to Rs 178.82 Cr, representing a significant margin expansion.
Declared an interim dividend of Rs 2 per equity share (100% of face value) for FY 2026-27.
Appointed Mr. Shyam Chandrabhan Agrawal as Independent Director and Chairman of the Risk Management Committee for 5 years.
Amended MOA to include Clause 75, allowing the company to trade and hedge in shares, derivatives, and commodities.
👀 What to Watch
Investors should monitor if this sharp margin expansion is sustainable or driven by one-off inventory gains, and track the execution of the new financial trading activities permitted by the MOA amendment.
GANDHAR Q1 Standalone PAT Jumps 582% YoY to ₹178.8 Cr; ₹2 Interim Dividend Declared
Gandhar Oil Refinery reported an exceptional Q1 FY27 with standalone revenue reaching ₹1,591.05 Cr, a 113% increase YoY. Standalone Net Profit surged 582% YoY to ₹178.82 Cr, which notably exceeds the entire TTM PAT of ₹137 Cr. The board declared an interim dividend of ₹2 per share (100% of face value) with a record date of July 24, 2026. Additionally, the company amended its Memorandum of Association to allow for trading and hedging in financial instruments and commodities.
Confidence: HIGH
What changedThe company delivered a massive earnings beat and declared a 100% interim dividend while expanding its business objects to include financial and commodity trading.
Why it mattersThe Q1 standalone profit alone is ~130% of the previous trailing twelve months' consolidated profit, suggesting a significant shift in profitability or a major one-time gain that requires scrutiny.
Q1 Standalone Revenue: ₹1,591.05 CrQ1 Standalone PAT: ₹178.82 CrInterim Dividend: ₹2 per shareQ1 PAT vs TTM PAT: 130.5%Dividend Record Date: July 24, 2026
📅 Short termThe stock is likely to react positively to the substantial earnings growth and the immediate dividend payout.
📈 Long termIf the company can sustain these higher margins through its focus on high-margin PHPO segments, it could lead to a structural re-rating of the stock.
⚠ Risk flags
- Sustainability of Q1 margins
- Potential risks from new financial and commodity trading activities
Key Highlights
Standalone Revenue for Q1 FY27 grew to ₹1,591.05 Cr from ₹745.44 Cr in Q1 FY26
Standalone Net Profit increased to ₹178.82 Cr, up from ₹26.22 Cr in the prior year's quarter
Interim Dividend of ₹2 per equity share (100% of face value) declared for FY 2026-27
Record date for dividend entitlement is fixed for July 24, 2026
MOA amended to include Clause 75, permitting trading and hedging in shares, derivatives, and commodities
👀 What to Watch
Monitor the upcoming 34th AGM on September 11, 2026, for management commentary on whether this sharp margin expansion is sustainable or driven by one-off inventory gains.
₹178.8 Cr Q1 PAT: Gandhar Oil Reports 582% YoY Profit Jump; Declares ₹2 Interim Dividend
Gandhar Oil Refinery reported an exceptional Q1 FY27 with standalone revenue surging 113% YoY to ₹1,591.05 cr. Net profit witnessed a massive 582% YoY increase to ₹178.82 cr, with the quarterly EPS of ₹19.65 already exceeding the previous full-year FY24 EPS of ₹17.04. The board declared an interim dividend of ₹2 per share (100% of face value) with a record date of July 24, 2026. Additionally, the company appointed a new Independent Director and amended its Memorandum of Association to permit trading and hedging in various financial instruments.
Confidence: HIGH
What changedThe company delivered a massive earnings beat for Q1 FY27, declared an interim dividend, and expanded its business objects to include trading and hedging in financial securities and commodities.
Why it mattersThe quarterly profit of ₹178.82 cr is significantly higher than the TTM PAT of ₹137 cr, indicating a potential structural shift in profitability or a major operational breakthrough. The new MOA clause allows the company to actively manage commodity and financial risks, which is critical for a refinery business.
Q1 FY27 Net Profit: ₹178.82 crQ1 Revenue vs TTM Revenue: 37.6%Interim Dividend: ₹2 per shareQ1 EPS: ₹19.65YoY Revenue Growth: 113.4%
📅 Short termThe stock is likely to react very positively in the short term due to the massive earnings surprise and the immediate dividend record date (July 24).
📈 Long termIf the company maintains this new level of operational efficiency and revenue run-rate, it could lead to a significant long-term re-rating of the stock.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Sustainability of sudden margin expansion
- New MOA clause allows speculative trading in financial instruments
- Exposure to crude oil price volatility
Key Highlights
Standalone Net Profit surged 582% YoY to ₹178.82 cr in Q1 FY27 from ₹26.22 cr in Q1 FY26.
Revenue from operations grew 113% YoY to ₹1,591.05 cr compared to ₹745.44 cr in the year-ago period.
Interim Dividend of ₹2 per share declared, representing 100% of the ₹2 face value.
Profit Before Tax (PBT) stood at ₹236.36 cr, a significant jump from ₹31.82 cr in Q1 FY26.
Mr. Shyam Chandrabhan Agrawal appointed as Independent Director for a 5-year term until July 2031.
👀 What to Watch
Investors should monitor the sustainability of these elevated margins, as the current quarter's profit exceeds the entire previous year's performance. Watch for management commentary regarding whether this growth is driven by volume expansion in high-margin segments or one-time inventory gains.
Gandhar Oil Q1 PAT Surges to ₹178.82 Cr; Declares ₹2 Interim Dividend
Gandhar Oil Refinery reported an explosive Q1 FY27 with standalone revenue reaching ₹1,591.05 Cr, a 113% increase from ₹745.44 Cr YoY. Standalone PAT surged nearly 7x to ₹178.82 Cr compared to ₹26.22 Cr in the year-ago period, with EPS jumping to ₹19.65. The board declared an interim dividend of ₹2 per share (100% of face value) with a record date of July 24, 2026. Notably, the company also amended its Memorandum of Association to permit trading and investing in financial instruments, including derivatives and commodities.
Confidence: HIGH
What changedReported a massive earnings beat for Q1 FY27, declared an interim dividend, and expanded business objects to include financial market trading and hedging.
Why it mattersThe significant jump in revenue (representing ~37.6% of previous TTM revenue in one quarter) and profit suggests a major operational scale-up or favorable pricing dynamics. The MOA change indicates a shift toward active treasury management or commodity trading.
Q1 FY27 Standalone Revenue: ₹1,591.05 CrQ1 FY27 Standalone PAT: ₹178.82 CrInterim Dividend: ₹2 per shareDividend Record Date: 24-Jul-2026Q1 Revenue vs TTM Revenue: 37.6%YoY PAT Growth: 582%
📅 Short termThe stock is likely to react positively to the substantial earnings growth and the immediate dividend payout scheduled for late July.
📈 Long termWhile the core business shows strong momentum, the long-term impact of the new MOA clause allowing derivative and commodity trading adds a layer of non-core risk that needs to be watched.
⚠ Risk flags
- Exposure to crude oil price volatility
- New risks from potential trading in derivatives and commodities as per MOA amendment
- Global logistical disruptions impacting freight costs
Key Highlights
Standalone Revenue for Q1 FY27 grew 113% YoY to ₹1,591.05 Cr.
Standalone Net Profit surged by 582% YoY to ₹178.82 Cr from ₹26.22 Cr.
Interim dividend of ₹2 per equity share (100% of face value) declared for FY 2026-27.
Record date for dividend entitlement fixed as July 24, 2026.
Quarterly EPS rose to ₹19.65, significantly higher than the ₹13.83 reported for the full TTM period.
👀 What to Watch
Investors should monitor the sustainability of these high margins in upcoming quarters and seek clarity on the strategic intent behind the new MOA clause allowing financial instrument trading.
Rs 2 Dividend and 582% YoY Standalone PAT Growth in Q1 FY27
Gandhar Oil reported an exceptional Q1 FY27 with standalone revenue of Rs 1,591.05 Cr, up 113% YoY. Standalone PAT reached Rs 178.82 Cr, which is notably higher than the entire TTM PAT of Rs 137 Cr, indicating a massive margin expansion to 11.2%. The board declared a Rs 2 interim dividend (100% of face value) with a record date of July 31, 2026. Additionally, the company is amending its Memorandum of Association to permit trading and hedging in various financial instruments and commodities.
Confidence: HIGH
What changedThe company delivered a massive earnings beat with quarterly profits exceeding the previous full year's total, alongside an interim dividend declaration.
Why it mattersThe sharp increase in profitability (11.2% PAT margin vs 5.6% TTM OPM) suggests a significant improvement in product mix or operational efficiency, while the MOA change indicates a new strategy for managing surplus cash through financial markets.
Q1 Standalone Revenue: Rs 1,591.05 CrQ1 Standalone PAT: Rs 178.82 CrQ1 PAT vs TTM PAT: 130.5%Interim Dividend: Rs 2 per shareDividend Record Date: July 31, 2026YoY Revenue Growth: 113.4%
📅 Short termThe stock is likely to see positive momentum due to the substantial earnings surprise and the immediate dividend payout.
📈 Long termIf the company can sustain these improved margins, it represents a structural re-rating of the business; however, the new trading clause adds a layer of treasury risk to monitor.
⚠ Risk flags
- Crude oil price volatility (85% of imports)
- Potential treasury risk from new financial instrument trading clause
Key Highlights
Standalone Revenue for Q1 FY27 reached Rs 1,591.05 Cr, a 113.4% increase from Rs 745.44 Cr YoY.
Standalone PAT surged to Rs 178.82 Cr, a 582% increase compared to Rs 26.22 Cr in Q1 FY26.
Interim Dividend of Rs 2 per share declared, representing 100% of the face value of Rs 2.
Standalone EPS for the quarter jumped to Rs 19.65 from Rs 2.68 in the previous year's corresponding quarter.
Record date for the interim dividend is fixed as July 31, 2026.
👀 What to Watch
Investors should monitor the consolidated results to see if this margin expansion is consistent across the group and watch for the impact of the new financial trading clause on treasury risk.
Rs 178.8 Cr PAT in Q1 FY27; Gandhar Oil Reports 582% YoY Profit Surge and Rs 2 Interim Dividend
Gandhar Oil Refinery reported an exceptional Q1 FY27 with standalone revenue jumping 113% YoY to Rs 1,591.05 Cr. Net profit (PAT) witnessed a massive 582% YoY surge to Rs 178.82 Cr, remarkably exceeding the company's entire TTM PAT of Rs 137 Cr in just one quarter. The Board declared a 100% interim dividend of Rs 2 per share with a near-term record date of July 24, 2026. Additionally, the company is expanding its business scope to include trading and hedging in financial instruments and commodities.
Confidence: HIGH
What changedThe company delivered a massive earnings beat where a single quarter's profit exceeded the previous trailing twelve months' total profit, accompanied by a 100% interim dividend.
Why it mattersThis performance represents a significant scale-up in both top-line and bottom-line, potentially leading to a valuation re-rating if the growth trajectory is maintained. The low debt-to-equity ratio (0.07) and high promoter holding (66.5%) provide a stable backdrop for this growth.
Q1 FY27 PAT: Rs 178.82 CrQ1 PAT vs TTM PAT: 130.5%YoY Revenue Growth: 113.4%Interim Dividend: Rs 2.00 per shareEPS (Q1 FY27): Rs 19.65
📅 Short termThe stock is likely to react very positively in the short term due to the massive earnings surprise and the immediate dividend record date (July 24).
📈 Long termIf the company can sustain a quarterly revenue run-rate above Rs 1,500 Cr with improved margins, it structurally shifts from a small-cap to a mid-cap profile over the next few years.
⚠ Risk flags
- Sustainability of high margins in a volatile crude oil environment
- New business object allowing financial instrument trading may introduce non-core treasury risks
Key Highlights
Standalone Revenue from operations grew 113.4% YoY to Rs 1,591.05 Cr from Rs 745.44 Cr.
Net Profit (PAT) surged 582% YoY to Rs 178.82 Cr, compared to Rs 26.22 Cr in the same quarter last year.
Interim Dividend of Rs 2 per equity share (100% of face value) declared for FY 2026-27.
Quarterly EPS reached Rs 19.65, which is significantly higher than the previous TTM EPS of Rs 13.83.
Record date for the interim dividend is fixed for July 24, 2026, just two days after the announcement.
👀 What to Watch
Investors should monitor the sustainability of these elevated margins in upcoming quarters to determine if the profit surge was driven by structural shifts or one-time inventory gains. The upcoming AGM on September 11, 2026, will be key for understanding the strategy behind the new financial trading object clause.
Gandhar Oil Q4 FY26 PAT Jumps to ₹37 Cr; Full Year Revenue Up 10% to ₹4,241 Cr
Gandhar Oil Refinery reported a strong performance for Q4 FY26, with revenue growing 14% YoY to ₹1,093 crores and PAT surging to ₹37 crores from ₹12 crores in the previous year. For the full year FY26, revenue reached ₹4,241 crores with a significant improvement in operating cash flows to ₹127.77 crores compared to ₹14.71 crores in FY25. The company successfully reduced its finance costs by 28% YoY, leading to an improved EPS of ₹13.8 and a higher ROCE of 13.5%. Despite geopolitical volatility in the Middle East affecting its UAE plant, manufacturing volumes grew by 8% for the full year.
Key Highlights
Q4 FY26 PAT increased to ₹37 crores from ₹12 crores in Q4 FY25, reflecting strong margin recovery.
Full-year FY26 revenue stood at ₹4,241 crores, a 10% growth supported by an 8% increase in manufacturing volumes to 5,54,212 kL.
Operating cash flow saw a massive jump to ₹127.77 crores from ₹14.71 crores due to better working capital management.
Finance costs decreased by 28% to ₹37.59 crores, while ROE improved from 6.65% to 10.21% YoY.
PHPO segment remains the primary revenue driver contributing 50%, with exports accounting for 42.8% of total revenue.
👀 What to Watch
Investors should take note of the significant improvement in cash flow generation and the reduction in interest burdens, which strengthen the balance sheet. The stock remains a play on the resilient PHPO segment, though geopolitical risks in the Middle East warrant continued monitoring.
Gandhar Oil Receives Favorable Customs Refund Order of ₹17.69 Crore
Gandhar Oil Refinery (India) Limited has received a favorable order from the Office of the Commissioner of Customs (Imports – II), Mumbai, sanctioning a refund of ₹17,69,43,960. The refund claim pertains to the period 2017-18 and was filed under Section 27 of the Customs Act, 1962. This sanctioned amount is expected to directly augment the company's working capital. The company received the formal communication on May 29, 2026.
Key Highlights
Sanctioned refund amount of ₹17,69,43,960 from Customs authorities.
Order pertains to refund claims filed for the financial period 2017-18.
The refund was processed under Section 27 of the Customs Act, 1962.
The inflow will strengthen the company's working capital position.
Official order (No. 48/MT/DC/CRARS/2026-27) received on May 29, 2026.
👀 What to Watch
Investors should view this as a positive liquidity event that improves cash flow. This one-time cash inflow will strengthen the balance sheet and support operational requirements.
Gandhar Oil Reports Strong Q4FY26: PAT Surges 201% YoY to ₹37 Cr
Gandhar Oil Refinery reported a robust performance for Q4FY26, with consolidated revenue growing 14% YoY to ₹1,093.4 crore. The company witnessed significant margin expansion as EBITDA rose 88% to ₹63.6 crore and PAT jumped 201% to ₹37 crore during the quarter. For the full year FY26, PAT increased by 64% to ₹137.2 crore, supported by a 9% growth in manufacturing sales volumes. The high-margin PHPO segment remains the primary revenue driver, contributing 48% of the total turnover for the financial year.
Key Highlights
Q4FY26 PAT grew by 201% YoY to ₹37.0 Cr, while EBITDA rose 88% to ₹63.6 Cr.
Annual FY26 revenue reached ₹4,241.2 Cr with a total manufacturing sales volume of 5,45,755 KL.
PHPO segment (Pharmaceutical, Health Care, and Performance Oil) contributed 48% of total FY26 revenue.
Full-year EPS increased significantly to ₹13.8 in FY26 from ₹8.2 in FY25.
Operating margins improved despite global logistical constraints and geopolitical volatility in the Middle East.
👀 What to Watch
The company demonstrates strong operational leverage and a successful strategic shift toward high-margin specialty oil segments. Investors should maintain a positive outlook while monitoring how management navigates potential volatility in crude oil prices and global supply chain disruptions.
Gandhar Oil FY26 Revenue Hits ₹4,241 Cr; PHPO Segment Grows at 21% CAGR
Gandhar Oil Refinery reported a consolidated revenue of ₹42,412 million for FY26, achieving a steady 14% CAGR over the FY21-26 period. The Personal care, healthcare and performance oils (PHPO) division remains the core growth engine, contributing 48% of total revenue with a segment-specific CAGR of 21%. The company maintains a dominant market position as India's largest white oil manufacturer with a 26.5% domestic market share and a 9.6% global share. With overseas sales accounting for 42.84% of revenue across 100+ countries, the company shows strong geographical diversification.
Key Highlights
Consolidated FY26 revenue reached ₹42,412 million with a 5-year CAGR of 14%.
PHPO segment revenue grew at 21% CAGR (FY21-26), now representing 48% of total finished goods sales.
Overseas operations contributed 42.84% of consolidated revenue, serving customers in over 100 countries.
Total manufacturing capacity stands at 597,403 kL across facilities in Taloja, Silvassa, and Sharjah.
Consumer and Healthcare end-industries now account for 68.5% of the PHPO division's revenue.
👀 What to Watch
Investors should focus on the company's increasing shift toward high-margin consumer and healthcare segments which offer better price pass-through capabilities. The stock remains a key proxy for the specialty chemical and white oil industry given its #1 domestic rank.
Gandhar Oil Approves FY26 Results, South Africa Expansion, and 21,551 Sq Mtr Land Purchase
Gandhar Oil Refinery has announced its audited FY26 financial results alongside several strategic growth initiatives. The company is expanding its international footprint by incorporating a wholly-owned subsidiary in South Africa and has secured 21,551 sq. mtrs of land in Raigad for future operations. Management stability is prioritized with the five-year re-appointment of two Joint Managing Directors. Additionally, the board has been strengthened with new director appointments and committee reconstitutions.
Key Highlights
Approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026
Authorized the incorporation and investment in a new wholly-owned subsidiary in South Africa
Signed an agreement to purchase approximately 21,551 sq. mtrs of land in Raigad, Maharashtra
Re-appointed Mr. Samir Parekh and Mr. Aslesh Parekh as Joint Managing Directors for 5-year terms
Appointed Mr. Santokhsingh Karamsingh Sandhu as Independent Director and Mr. Jatin Dhamani as Whole Time Director
👀 What to Watch
Investors should view the South African expansion and land acquisition as positive indicators of long-term growth scaling. Monitor the detailed financial statements for margin performance and specific investment outlays for the new subsidiary.
