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Gandhar Oil Ref.

Q4 FY25Petroleum Products

Gandhar Oil Ref. Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹250
Market cap₹2.4K Cr
P/E8.0
Updated23 Aug 2026
Read4 min read

The short version

Gandhar Oil Refinery aims for double-digit volume growth (~10%-12%) in FY '26 and beyond. Volume growth target for FY '26 is projected at 10%-12%, indicating healthy operational expansion.

From Gandhar Oil Ref.'s Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Gandhar Oil Refinery aims for double-digit volume growth (~10%-12%) in FY '26 and beyond.
  • The company targets a steady increase in realizations from the current Rs. 76,000 per KL.
  • Growth is driven by expanding the PHPO (Personal Care, Healthcare, Performance Oils) segment with new product launches.
  • Domestic sales are expected to grow alongside exports, with exports currently spread across 100+ countries.
  • The firm plans no immediate capacity expansions, as current utilization is around 85%-86% for Indian plants and 60%-65% for Sharjah; capacity built recently will be absorbed over 2-3 years.

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Profitability & Margins

See what Gandhar Oil Ref. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Gandhar Oil Refinery has recently completed capacity expansion at the Taloja plant, with no immediate need for further capacity enhancement for the next 2-3 years.
  • Future CAPEX will be considered after current capacities reach utilization thresholds.
  • The company is planning a significant strategic investment in the Vadhavan Port Project through a non-binding MoU with Jawaharlal Nehru Port Authority (JNPA), involving around Rs. 1,000 crores subject to regulatory approvals and bidding success.
  • This project includes setting up a state-of-the-art blending facility and tank storage terminal at the port, expected to complete by FY '30.

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Top-ranked in Petroleum Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 2Mar 1
2Arabian Petrol.
Rev 2Mar 2
3
Rev 3Mar 2
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Gandhar Oil Ref. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript provided does not explicitly mention the current or expected order book or pending orders for Gandhar Oil Refinery India Limited. However, related insights include: - The company has started receiving orders from customers after obtaining the USFDA approval for PHPO products from October last year, indicating new order traction. - The export volumes faced some disruption due to shipping and geopolitical issues but domestic sales grew compensatorily. - The company is focusing on expanding the PHPO product line and adding new products, which may imply an increasing order pipeline.

2 more points from Gandhar Oil Ref.'s call on order book

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Gandhar Oil Ref. — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.1K Cr, net profit ₹37 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Gandhar Oil Ref. Q4 FY25 results?

Gandhar Oil Refinery aims for double-digit volume growth (~10%-12%) in FY '26 and beyond. Volume growth target for FY '26 is projected at 10%-12%, indicating healthy operational expansion.

What is Gandhar Oil Ref. share price analysis?

Gandhar Oil Ref. currently shows a neutral. The stock trades at a P/E of 8.0 with a market cap of ₹2,404 Cr. Investors should review the full earnings analysis for detailed insights.

Is Gandhar Oil Ref. planning capital expenditure?

Gandhar Oil Refinery has recently completed capacity expansion at the Taloja plant, with no immediate need for further capacity enhancement for the next 2-3 years. - Future CAPEX will be considered after current capacities reach utilization thresholds. - The company is planning a significant strategic investment in the Vadhavan Port Project through a non-binding MoU with Jawaharlal Nehru Port Authority (JNPA), involving around Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.