GP Petroleums

NSE: GULFPETROBSE: 532543
Compare with peers
₹ 67.50▼ 0.71 (−1.04%)28 Oct, 03:29 pm IST
Market cap
₹ 325 Cr.
P/E
6.6x
P/B
0.96x
52-week range
23.25 – 72.73
ROE
8%
ROCE
11%
Dividend yield
0.8%
Debt / equity
0.07
Sector
Petroleum Products
Industry
Lubricants
Listed on
NSE, BSE

About

GP Petroleums Limited is an India-based company, which is engaged in the production and marketing of lubricating oils, greases and rubber process oils, and other derivatives from base oils. The Company’s segments include manufacturing, trading, and unallocated. It offers its products under the brand name IPOL. The Company's products include automotive lubricants, such as engine oils, gear oils and transmission oils, greases, and specialties, covering the entire market spectrum of two-wheelers, cars, commercial and off-highway vehicles. Its industrial lubricants comprise general-purpose lubricating oils like hydraulic oils, slideway oil, spindle oils and gear oils, and industrial greases. Its products cater to a range of industries, including general engineering, automotive, plastics, sugar mills, transformers, rubber components, paint, cosmetics, tires, textiles, cement and mines. It operates a manufacturing facility in Vasai, near Mumbai.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Lubricants: 10 companies →

GP Petroleums against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)6.6 against a typical 10.3: cheaper than most peers (1st = cheapest).4th of 10
  • Sales growth+45.6% against a typical +42.2% from a year earlier.4th of 8
  • Profit growth+250% against a typical +158.3% from a year earlier.4th of 8
  • Share price, 3 months+48.9% against a typical +3.6%.2nd of 10
  • Size₹ 325 Cr. market value against a typical ₹ 2,460.9 Cr. (1st = largest).7th of 10

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +4.4% that day
    Blockbuster H1 with revenue up 84% and PAT up 206% puts FY27 on track to double earnings.

    GP Petroleums reported very strong Q2 and H1 FY27 results with Q2 revenue of Rs 340.75 crore versus Rs 152.35 crore last year and net profit of Rs 15.27 crore versus Rs 5.47 crore. Half-year revenue was Rs 571.08 crore and net profit Rs 36.46 crore, already above full FY26 profit, driven by growth in both manufacturing and trading of base oil and bitumen. The board also elevated Whole-time Director Arjun Verma to Managing Director and made senior leadership changes including a new COO-Lubricants and CHRO.

    Filing
  • 14 Oct 2026ResignationLow impactNeutralPrice +5% on 15 Oct
    Independent director resigned; committees reconstituted with no expected business impact.

    Mr. Sukumaran Jeyakrishnan resigned as Non-Executive Independent Director of GP Petroleums effective October 13, 2026, also ceasing as member/chair of the Nomination and Remuneration Committee and Risk Management Committee. The company said there was no material reason beyond his resignation mail. The Board reconstituted both committees by circular resolution to remain compliant, with no change to business operations indicated.

    Filing
  • 13 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +5% that day
    GP Petroleums to pay ~Rs 44 cr from reserves for Pipavav terminal stake and named a new CFO.

    GP Petroleums board on October 13, 2026 approved buying shares of Incubit Pipavav Terminal from existing shareholders for about Rs 44.27 crore, up to Rs 50 crore, to be paid in tranches over a year from internal reserves. The aim is to strengthen its Pipavav presence and get access to tank storage and terminal infrastructure. The board also accepted CFO Arjun Verma stepping down as CFO from October 15 while staying as Executive Director, and appointed Shirish Suvagia as new CFO.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated BBB- by India Ratings
BBB-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
India RatingsIND BBB-; IND A3Stable6 Aug 2026
Credit rating actions
RatingDetails
6 Aug 2026
Reaffirmed
IND BBB-—India Ratings₹ 100 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
27 Oct 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2026 and other business matters with the permission of chairman.
30 Sep 2026Fund RaisingTo consider Fund Raising by way of issuance of debt securities/debt instruments.
19 Aug 2026Fund Raising/Other business mattersGULFPETRO : 19-Aug-2026 : The Company has informed the Exchange that a Board meeting to be held on August 14, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 19, 2026, To consider Fund Raising and other business matters. Trading Window will remain closed until 48 hours after the information become public.
14 Aug 2026Fund Raising/Other business mattersTo consider Fund Raising and other business matters
24 Jul 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026, dividend and other business matters.
27 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters.

Share price

1Y change +70.93%
0 of 3 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales162155161166125136183158152169163230
Expenses148145151157117127170149144161150202
Operating Profit141010989139891328
OPM %8%6%6%6%6%7%7%6%5%5%8%12%
Other Income001101011011
Interest000000000001
Depreciation111111111111
Profit before tax13910879129771228
Tax %25%26%25%25%26%26%26%25%26%27%24%25%
Net Profit10676579655921
EPS in Rs1.871.271.391.210.951.311.691.261.071.031.834.16

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
4%
5 Years
1%
3 Years
−7%
TTM
19%
Compounded Profit Growth
10 Years
8%
5 Years
10%
3 Years
2%
TTM
64%
Stock Price CAGR
10 Years
2%
5 Years
5%
3 Years
14%
TTM
—
Return on Equity
10 Years
9%
5 Years
9%
3 Years
9%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
37.05%
−4.17 pts in a year
FIIs
0.37%
0 pts in a year
DIIs
0%
0 pts in a year
Government
1.36%
+1.36 pts in a year
Public
61.22%
+2.82 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 6.6xEPS (12 months) ₹ 10.22Median P/E 7.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
GP Petroleums₹ 67.50₹ 325 Cr.6.6x1x8%—
Reliance Industries₹ 1,190.00₹ 16,10,372 Cr.22.2x2x—7.7%
Oil and Natural Gas Corporation₹ 226.00₹ 2,84,314 Cr.7.5x0.8x11.6%7.5%
Oil India₹ 446.10₹ 72,563 Cr.10.7x1.2x12.3%20.4%
Petronet LNG₹ 285.95₹ 44,250 Cr.10.5x1.8x18.6%9%
Castrol India₹ 194.80₹ 19,268 Cr.18.9x9.6x—16.4%

Management

Ayush Goel
Non-Executive Chairman of the Board
Arjun Verma
Chief Financial Officer, Executive Director
Kanika Yogi Sehgal Sadana
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.