GP Petroleums Ltd
NSE: GULFPETRO BSE: 532543
Incorporated in 1983, GP Petroleums Ltd does Manufacturing & Marketing of Industrial and Automotive Lubricants, Rubber Process Oils etc. and Trading of Base Oil, Fuel oil and Bitumen[1]
₹33.2
52W: ₹23.2 — ₹52
PE 6.27 · Book ₹66.8 · -50% vs bookMarket Cap₹169 Cr
Stock P/E6.27Price to Earnings
ROCE10.8%Return on Capital
ROE8.38%Return on Equity
Div. Yield0%Face Value ₹5
Strengths
- +Company is almost debt free.
- +Stock is trading at 0.50 times its book value
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Promoter holding has decreased over last quarter: -4.18%
- −The company has delivered a poor sales growth of 4.23% over past five years.
- −Promoter holding is low: 37.0%
- −Company has a low return on equity of 9.32% over last 3 years.
Shareholding Pattern
Promoters37.05%
FIIs0.5%
DIIs0%
Public61.1%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 53.44% | 53.44% | 48.09%▼5.3 | 42.37%▼5.7 | 41.22%▼1.1 | 41.22% | 41.22% | 37.05%▼4.2 |
| FIIs | 0.42% | 0.47%▲0.0 | 0.47% | 0.46%▼0.0 | 0.37%▼0.1 | 0.41%▲0.0 | 0.42%▲0.0 | 0.5%▲0.1 |
| DIIs | 0% | 0% | 0.12%▲0.1 | 0%▼0.1 | 0% | 0% | 0% | 0% |
| Public | 46.13% | 46.09%▼0.0 | 51.31%▲5.2 | 57.16%▲5.8 | 58.4%▲1.2 | 58.35%▼0.0 | 58.34%▼0.0 | 61.1%▲2.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 161.98 | 154.96 | 160.84 | 165.91 | 125.11 | 135.88 | 182.36 | 158.19 | 152.16 | 169.23 |
| Expenses | 148.45 | 145.22 | 150.6 | 156.52 | 117.44 | 126.67 | 169.82 | 148.71 | 144.15 | 160.63 |
| Operating Profit | 13.53 | 9.74 | 10.24 | 9.39 | 7.67 | 9.21 | 12.54 | 9.48 | 8.01 | 8.6 |
| OPM % | 8.35% | 6.29% | 6.37% | 5.66% | 6.13% | 6.78% | 6.88% | 5.99% | 5.26% | 5.08% |
| Net Profit | 9.53 | 6.47 | 7.09 | 6.19 | 4.85 | 6.67 | 8.62 | 6.44 | 5.47 | 5.24 |
| EPS ₹ | 1.87 | 1.27 | 1.39 | 1.21 | 0.95 | 1.31 | 1.69 | 1.26 | 1.07 | 1.03 |
AI Insights
Revenue Trend
TTM revenue at ₹662Cr, up 8.7% YoY. OPM at 6%.
Debt Position
Borrowings at ₹16Cr. Debt-to-equity ratio: 0.05x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.5% (+0.34pp change). Promoters hold 37.05%.
Margin & Efficiency
ROCE declining from 14% (Mar 2014) to 11% (Mar 2025). Working capital days: 157.
Valuation
PE 6.27x with 10.8% ROCE. Price is -50% above book value of ₹66.8. Dividend yield: 0%.
Recent Announcements
- LOA Awarded To Company''s JV Company - Amron Oil Resources Private Limited By Indian Oil Corporation Limited. 5 May - JV Amron Oil Resources won IOCL LOA for 15,000 MT bulk bitumen supply worth ₹74.04 crore.
- Intimation Regarding Second Phase Of 100 Days Campaign - 'Saksham Niveshak' 30 Apr - Company launched Saksham Niveshak campaign for 602 shareholders with unpaid dividends from 2018-19 and 2019-20.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr - GP Petroleums says it is not a Large Corporate; outstanding borrowing was Rs. 1.03 crore on March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate Under Regulation 74(5) of SEBI DP Regulations 2018 for the Quarter ended March 31, 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 31 Mar - Gulf Petroleums appoints Anil Keswani as COO - Bitumen & Terminalling effective April 1, 2026; 26 years' experience.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse