GP Petroleums
- 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.
- 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.
- 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.
- 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.
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- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND BBB-; IND A3 | Stable | 6 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Aug 2026 | Reaffirmed | IND BBB- | — | India Ratings | ₹ 100 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters with the permission of chairman. |
| 30 Sep 2026 | Fund Raising | To consider Fund Raising by way of issuance of debt securities/debt instruments. |
| 19 Aug 2026 | Fund Raising/Other business matters | GULFPETRO : 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 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 24 Jul 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026, dividend and other business matters. |
| 27 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 162 | 155 | 161 | 166 | 125 | 136 | 183 | 158 | 152 | 169 | 163 | 230 |
| Expenses | 148 | 145 | 151 | 157 | 117 | 127 | 170 | 149 | 144 | 161 | 150 | 202 |
| Operating Profit | 14 | 10 | 10 | 9 | 8 | 9 | 13 | 9 | 8 | 9 | 13 | 28 |
| OPM % | 8% | 6% | 6% | 6% | 6% | 7% | 7% | 6% | 5% | 5% | 8% | 12% |
| Other Income | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 13 | 9 | 10 | 8 | 7 | 9 | 12 | 9 | 7 | 7 | 12 | 28 |
| Tax % | 25% | 26% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 27% | 24% | 25% |
| Net Profit | 10 | 6 | 7 | 6 | 5 | 7 | 9 | 6 | 5 | 5 | 9 | 21 |
| EPS in Rs | 1.87 | 1.27 | 1.39 | 1.21 | 0.95 | 1.31 | 1.69 | 1.26 | 1.07 | 1.03 | 1.83 | 4.16 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 4%
- 5 Years
- 1%
- 3 Years
- −7%
- TTM
- 19%
- 10 Years
- 8%
- 5 Years
- 10%
- 3 Years
- 2%
- TTM
- 64%
- 10 Years
- 2%
- 5 Years
- 5%
- 3 Years
- 14%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| GP Petroleums | ₹ 67.50 | ₹ 325 Cr. | 6.6x | 1x | 8% | — |
| Reliance Industries | ₹ 1,190.00 | ₹ 16,10,372 Cr. | 22.2x | 2x | — | 7.7% |
| Oil and Natural Gas Corporation | ₹ 226.00 | ₹ 2,84,314 Cr. | 7.5x | 0.8x | 11.6% | 7.5% |
| Oil India | ₹ 446.10 | ₹ 72,563 Cr. | 10.7x | 1.2x | 12.3% | 20.4% |
| Petronet LNG | ₹ 285.95 | ₹ 44,250 Cr. | 10.5x | 1.8x | 18.6% | 9% |
| Castrol India | ₹ 194.80 | ₹ 19,268 Cr. | 18.9x | 9.6x | — | 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.