Is the Lubricants sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 1 of 4 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
20-quarter listed-company comparison
Lubricants Stocks in India
Lubricants: Castrol India Ltd owns the largest revenue base; Gulf Oil Lubricants India Ltd has the fastest current growth.
Nifty Lubricants Index — Constituents & Performance
The Lubricants companies below are the listed Indian Lubricants universe this page tracks — the same constituent set people search for as the Nifty Lubricants index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
The sector itself · before any single company
How has Lubricants moved against NIFTY 500?
The line below covers 5.1 years. Over the most recent two of them this sector is 22% behind NIFTY 500. Earnings across its companies grew 15% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 15 weeks running.
FADING · −1 in 4w~Fundamentals up, price down1 of 4 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑15w · 1/4 >200d (−1) · 1/4 lead (−1) · EPS 2/4↑
Lubricants, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Strength anatomy
NarrowHow much of the sector is participating, how recently, and whether the movers score well.
Together1 of 4 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score −2 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large
0/10
Mid
0/2−1
Small
1/10
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Lubricants outperforming NIFTY 500?
The 52-week comparison of Lubricants against NIFTY 500 is not available from the current market series. 1 of 4 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Castrol India Ltd is the strongest against the sector itself at +12.9%. Readings are as of 2026-07-19.
—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
1/4Stocks leading NIFTY 500
2/4Stocks leading sector
Sector metric: 22.5 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 1 of 4 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Castrol India Ltd leads with revenue of ₹5,845 crore, based on 4 of 4 comparable companies through Mar 2026. Gulf Oil Lubricants India Ltd has the fastest current revenue growth at 11.7%, across 4 of 4 comparable companies.
Which Lubricants company is largest by revenue?
Castrol India Ltd leads with revenue of ₹5,845 crore, based on 4 of 4 comparable companies through Mar 2026.
Which Lubricants company is growing fastest?
Gulf Oil Lubricants India Ltd has the fastest current revenue growth at 11.7%, across 4 of 4 comparable companies.
Which Lubricants company has the strongest 4-Factor Sector Score?
Castrol India Ltd ranks first at 57.9/100 with 91% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Lubricants company has the least gross debt?
GOCL Corporation Ltd has the lowest comparable gross debt at ₹1 crore. Gulf Oil Lubricants India Ltd has the highest at ₹567 crore.
Which Lubricants company has the lowest comparable PEG?
Veedol Corporation Ltd has the lowest comparable Guarded PEG at 0.51, among 3 of 4 companies that pass the metric’s comparability rules.
How much history does this Lubricants comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
4
complete canonical membership
Combined market value
₹27.7K Cr
Castrol India Ltd
Revenue growing
3/4
positive TTM year-on-year growth
Beating NIFTY 500
1/4
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Castrol India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 91% evidence confidence.
Veedol Corporation Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
GOCL Corporation Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. Castrol India Ltd · CASTROLIND
57.9/100 · Mixed-positive evidence · 91% evidence
Exact sum: 15.6 + 21.7 + 8.3 + 12.3 = 57.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15.6/35Growth & earnings
Revenue 7% · PAT 1.7% · OPM change -1 pp
100% evidence
21.7/25Capital efficiency
ROCE 60.3% · debt/equity 0.03×
100% evidence
8.3/20Valuation
P/E 18.8× · PEG 2.25
85% evidence
12.3/20Relative strength
RS sector 12.9% · RS bench -4.3% · 1Y -16.7%
70% evidence
2. Veedol Corporation Ltd · VEEDOL
55.5/100 · Mixed-positive evidence · 91% evidence
Exact sum: 15.5 + 19.8 + 17.2 + 3 = 55.5
Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
15.5/35Growth & earnings
Revenue 10.1% · PAT 13.6% · OPM change -3 pp
100% evidence
19.8/25Capital efficiency
ROCE 24.2% · debt/equity 0.01×
100% evidence
17.2/20Valuation
P/E 12.7× · PEG 0.51
85% evidence
3.0/20Relative strength
RS sector -7.1% · RS bench -10.4% · 1Y -16.8%
70% evidence
3. GOCL Corporation Ltd · GOCLCORP
51.1/100 · Mixed-positive evidence · 78% evidence
Exact sum: 12.3 + 12.3 + 13 + 13.5 = 51.1
Decision use: Price leads the evidence: RS versus the benchmark is 22.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
12.3/35Growth & earnings
Revenue -40% · PAT 100% · OPM change -179 pp
95% evidence
12.3/25Capital efficiency
ROCE 13.1% · debt/equity 0×
95% evidence
13.0/20Valuation
P/E 7.3× · PEG —
35% evidence
13.5/20Relative strength
RS sector 1.1% · RS bench 22.4% · 1Y 2.1%
70% evidence
4. Gulf Oil Lubricants India Ltd · GULFOILLUB
47.2/100 · Mixed-negative evidence · 91% evidence
Exact sum: 12.9 + 20.1 + 11.2 + 3 = 47.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12.9/35Growth & earnings
Revenue 11.7% · PAT -3.4% · OPM change -1 pp
100% evidence
20.1/25Capital efficiency
ROCE 26.2% · debt/equity 0.37×
100% evidence
11.2/20Valuation
P/E 13.8× · PEG 1.54
85% evidence
3.0/20Relative strength
RS sector -10.1% · RS bench -9.1% · 1Y -18.2%
70% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Castrol India Ltd has the highest Revenue among the 4 Lubricants companies compared here, at ₹5,845 crore. Gulf Oil Lubricants India Ltd is next at ₹4,056 crore. Gulf Oil Lubricants India Ltd has the highest Revenue growth at 11.7%, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Castrol India Ltd is the scale leader at ₹5,845 crore, 44.1% ahead of Gulf Oil Lubricants India Ltd. Gulf Oil Lubricants India Ltd's growth is 11.7% from a ₹4,056 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderCastrol India Ltd · ₹5,845 crore
Gap44.1% versus #2 · Gulf Oil Lubricants India Ltd
Persistence8/8 recent comparable periods
Coverage4/4 companies · 75 observations
Investor read: Castrol India Ltd is the scale benchmark; Gulf Oil Lubricants India Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Castrol India Ltd's growth falls below Gulf Oil Lubricants India Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Castrol India Ltd CASTROLIND₹5.8K Cr
2Gulf Oil Lubricants India Ltd GULFOILLUB₹4.1K Cr
3Veedol Corporation Ltd VEEDOL₹2.2K Cr
4GOCL Corporation Ltd GOCLCORP⚠ unverified₹9 Cr
Revenue growthfastest growers
1Gulf Oil Lubricants India Ltd GULFOILLUB12%
2Veedol Corporation Ltd VEEDOL10%
3Castrol India Ltd CASTROLIND7.0%
4GOCL Corporation Ltd GOCLCORP⚠ unverified-40%
Revenue · company comparison
4/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Castrol India Ltd CASTROLIND | ₹1.5K Cr | 8.7% | Mar 2026 |
| Gulf Oil Lubricants India Ltd GULFOILLUB | ₹1.1K Cr | 11% | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | ₹607 Cr | 14% | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | ₹2 Cr | -33% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Castrol India Ltd · CASTROLIND
₹890 Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.1K Cr
₹1.2K Cr
₹1.3K Cr
₹1.3K Cr
₹1.2K Cr
₹1.3K Cr
₹1.3K Cr
₹1.4K Cr
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.5K Cr
₹1.4K Cr
₹1.4K Cr
₹1.5K Cr
GOCL Corporation Ltd · GOCLCORP⚠ unverified
—
—
—
—
—
₹39 Cr
₹248 Cr
₹242 Cr
₹197 Cr
₹163 Cr
₹167 Cr
₹158 Cr
₹4 Cr
₹3 Cr
₹5 Cr
₹3 Cr
₹3 Cr
₹2 Cr
₹2 Cr
₹2 Cr
Gulf Oil Lubricants India Ltd · GULFOILLUB
₹417 Cr
₹534 Cr
₹602 Cr
₹637 Cr
₹706 Cr
₹720 Cr
₹781 Cr
₹792 Cr
₹812 Cr
₹802 Cr
₹818 Cr
₹870 Cr
₹894 Cr
₹864 Cr
₹920 Cr
₹953 Cr
₹1.0K Cr
₹967 Cr
₹1.0K Cr
₹1.1K Cr
Veedol Corporation Ltd · VEEDOL
₹285 Cr
₹394 Cr
₹412 Cr
₹445 Cr
₹439 Cr
₹448 Cr
₹497 Cr
₹470 Cr
₹474 Cr
₹474 Cr
₹496 Cr
₹487 Cr
₹479 Cr
₹476 Cr
₹482 Cr
₹532 Cr
₹514 Cr
₹509 Cr
₹538 Cr
₹607 Cr
Revenue growth · reported quarter history
Castrol India Ltd · CASTROLIND
—
—
—
—
40%
4.5%
7.8%
4.7%
7.4%
5.5%
7.5%
2.4%
4.8%
8.9%
7.1%
7.3%
7.1%
5.8%
6.4%
8.7%
GOCL Corporation Ltd · GOCLCORP⚠ unverified
—
—
—
—
—
—
—
—
—
318%
-33%
-35%
-98%
-98%
-97%
-98%
-25%
-33%
-60%
-33%
Gulf Oil Lubricants India Ltd · GULFOILLUB
—
—
—
—
69%
35%
30%
24%
15%
11%
4.7%
9.9%
10%
7.7%
12%
9.5%
14%
12%
11%
11%
Veedol Corporation Ltd · VEEDOL
—
—
—
—
54%
14%
21%
5.6%
8.0%
5.8%
-0.2%
3.6%
1.1%
0.4%
-2.8%
9.2%
7.3%
6.9%
12%
14%
02 · compare level, then change
Operating Economics & Margin Trend
Castrol India Ltd has the highest OPM among the 4 Lubricants companies compared here, at 21%. Gulf Oil Lubricants India Ltd is next at 13%. The same company also holds the highest Margin change, at -1 percentage points. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Castrol India Ltd leads both opm at 21% and margin change at -1 percentage points.
LeaderCastrol India Ltd · 21%
Gap61.5% versus #2 · Gulf Oil Lubricants India Ltd
Persistence2/8 recent comparable periods
Coverage4/4 companies · 80 observations
Investor read: Castrol India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Castrol India Ltd CASTROLIND21%
2Gulf Oil Lubricants India Ltd GULFOILLUB13%
3Veedol Corporation Ltd VEEDOL10%
4GOCL Corporation Ltd GOCLCORP⚠ unverified-348%
Margin changefastest expanders
1Castrol India Ltd CASTROLIND−1.0 pp
2Gulf Oil Lubricants India Ltd GULFOILLUB−1.0 pp
3Veedol Corporation Ltd VEEDOL−3.0 pp
4GOCL Corporation Ltd GOCLCORP⚠ unverified−179.0 pp
Operating margin · company comparison
4/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Castrol India Ltd CASTROLIND | 21% | −1.0 pp | Mar 2026 |
| Gulf Oil Lubricants India Ltd GULFOILLUB | 13% | −1.0 pp | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | 10% | −3.0 pp | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | -348% | −179.0 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Castrol India Ltd · CASTROLIND
22%
24%
24%
26%
23%
23%
21%
22%
23%
23%
26%
22%
23%
22%
28%
22%
23%
24%
26%
21%
GOCL Corporation Ltd · GOCLCORP⚠ unverified
6.0%
-5.4%
-2.4%
3.7%
-4.7%
-2.0%
6.0%
-1.0%
-2.0%
5.0%
-5.0%
-7.0%
-376%
-116%
-163%
-169%
-177%
-327%
-549%
-348%
Gulf Oil Lubricants India Ltd · GULFOILLUB
10%
14%
13%
14%
12%
11%
12%
11%
11%
13%
14%
13%
13%
12%
13%
14%
13%
12%
13%
13%
Veedol Corporation Ltd · VEEDOL
9.6%
9.7%
8.8%
10%
9.1%
6.2%
7.0%
9.0%
8.0%
9.0%
8.0%
10%
9.0%
10%
8.0%
13%
11%
10%
10%
10%
Margin change · reported quarter history
Castrol India Ltd · CASTROLIND
+2.8 pp
−8.2 pp
−3.2 pp
−4.2 pp
+0.8 pp
−1.5 pp
−3.4 pp
−3.7 pp
−0.0 pp
+0.1 pp
+5.0 pp
0.0 pp
0.0 pp
−1.0 pp
+2.0 pp
0.0 pp
0.0 pp
+2.0 pp
−2.0 pp
−1.0 pp
GOCL Corporation Ltd · GOCLCORP⚠ unverified
+6.1 pp
−4.0 pp
−0.0 pp
−7.7 pp
−10.7 pp
+3.4 pp
+8.4 pp
−4.7 pp
+2.7 pp
+7.0 pp
−11.0 pp
−6.0 pp
−374.0 pp
−121.0 pp
−158.0 pp
−162.0 pp
+199.0 pp
−211.0 pp
−386.0 pp
−179.0 pp
Gulf Oil Lubricants India Ltd · GULFOILLUB
−0.5 pp
−4.5 pp
−4.5 pp
−1.2 pp
+1.9 pp
−3.3 pp
−0.8 pp
−2.9 pp
−1.0 pp
+1.9 pp
+2.0 pp
+2.0 pp
+2.0 pp
−1.0 pp
−1.0 pp
+1.0 pp
0.0 pp
0.0 pp
0.0 pp
−1.0 pp
Veedol Corporation Ltd · VEEDOL
−0.3 pp
−4.0 pp
−6.7 pp
−1.6 pp
−0.5 pp
−3.5 pp
−1.8 pp
−1.2 pp
−1.1 pp
+2.8 pp
+1.0 pp
+1.0 pp
+1.0 pp
+1.0 pp
0.0 pp
+3.0 pp
+2.0 pp
0.0 pp
+2.0 pp
−3.0 pp
03 · compare level, then change
Profit Scale & Acceleration
GOCL Corporation Ltd has the highest Net profit among the 4 Lubricants companies compared here, at ₹1,522 crore. Castrol India Ltd is next at ₹959 crore. The same company also holds the highest Profit growth, at the 100% top of the scoring scale. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: GOCL Corporation Ltd leads with ₹1,522 crore of TTM profit, 58.7% above Castrol India Ltd. GOCL Corporation Ltd shows ≥100% on the scoring scale (875.6% uncapped) growth from a ₹1,522 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderGOCL Corporation Ltd · ₹1,522 crore
Gap58.7% versus #2 · Castrol India Ltd
Persistence7/8 recent comparable periods
Coverage4/4 companies · 75 observations
Investor read: GOCL Corporation Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1GOCL Corporation Ltd GOCLCORP⚠ unverified₹1.5K Cr
2Castrol India Ltd CASTROLIND₹959 Cr
3Gulf Oil Lubricants India Ltd GULFOILLUB₹345 Cr
4Veedol Corporation Ltd VEEDOL₹192 Cr
Profit growthfastest growers
1GOCL Corporation Ltd GOCLCORP⚠ unverified100%
2Veedol Corporation Ltd VEEDOL14%
3Castrol India Ltd CASTROLIND1.7%
4Gulf Oil Lubricants India Ltd GULFOILLUB-3.4%
Net profit · company comparison
4/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Castrol India Ltd CASTROLIND | ₹242 Cr | 3.9% | Mar 2026 |
| Gulf Oil Lubricants India Ltd GULFOILLUB | ₹90 Cr | -3.2% | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | ₹75 Cr | 226% | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | ₹57 Cr | -5.0% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Castrol India Ltd · CASTROLIND
₹140 Cr
₹186 Cr
₹189 Cr
₹228 Cr
₹206 Cr
₹187 Cr
₹193 Cr
₹202 Cr
₹225 Cr
₹194 Cr
₹242 Cr
₹216 Cr
₹232 Cr
₹207 Cr
₹271 Cr
₹233 Cr
₹244 Cr
₹228 Cr
₹245 Cr
₹242 Cr
GOCL Corporation Ltd · GOCLCORP⚠ unverified
—
—
—
—
—
₹61 Cr
₹32 Cr
₹14 Cr
₹12 Cr
₹16 Cr
₹15 Cr
₹5 Cr
₹36 Cr
₹5 Cr
₹92 Cr
₹23 Cr
₹1.2K Cr
₹14 Cr
₹210 Cr
₹75 Cr
Gulf Oil Lubricants India Ltd · GULFOILLUB
₹30 Cr
₹59 Cr
₹59 Cr
₹63 Cr
₹55 Cr
₹52 Cr
₹63 Cr
₹62 Cr
₹68 Cr
₹74 Cr
₹79 Cr
₹87 Cr
₹84 Cr
₹83 Cr
₹97 Cr
₹93 Cr
₹95 Cr
₹84 Cr
₹76 Cr
₹90 Cr
Veedol Corporation Ltd · VEEDOL
₹23 Cr
₹32 Cr
₹30 Cr
₹38 Cr
₹34 Cr
₹20 Cr
₹26 Cr
₹34 Cr
₹31 Cr
₹35 Cr
₹34 Cr
₹43 Cr
₹37 Cr
₹35 Cr
₹37 Cr
₹60 Cr
₹50 Cr
₹41 Cr
₹44 Cr
₹57 Cr
Profit growth · reported quarter history
Castrol India Ltd · CASTROLIND
—
—
—
—
47%
0.5%
2.1%
-11%
9.2%
3.7%
25%
6.9%
3.1%
6.7%
12%
7.9%
5.2%
10%
-9.6%
3.9%
GOCL Corporation Ltd · GOCLCORP⚠ unverified
—
—
—
—
—
—
—
—
—
-74%
-53%
-64%
200%
-69%
513%
360%
3,297%
180%
128%
226%
Gulf Oil Lubricants India Ltd · GULFOILLUB
—
—
—
—
83%
-12%
6.8%
-1.6%
24%
42%
25%
40%
24%
12%
23%
6.9%
13%
1.2%
-22%
-3.2%
Veedol Corporation Ltd · VEEDOL
—
—
—
—
48%
-38%
-13%
-11%
-8.8%
75%
31%
26%
19%
0.0%
8.8%
40%
35%
17%
19%
-5.0%
04 · not available
Capacity Spending & Returns On It
No company in this Lubricants comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 4 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
GOCL Corporation Ltd has the lowest Gross debt among the 4 Lubricants companies compared here, at ₹1 crore. Veedol Corporation Ltd is next at ₹16 crore. Castrol India Ltd has the lowest Net debt at ₹1,131 crore net cash, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Castrol India Ltd has the clearest covered balance-sheet capacity with ₹1,131 crore net cash and gross debt of ₹63 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderGOCL Corporation Ltd · ₹1 crore
Gap93.8% versus #2 · Veedol Corporation Ltd
Persistence1/8 recent comparable periods
Coverage4/4 companies · 79 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1GOCL Corporation Ltd GOCLCORP⚠ unverified₹1 Cr
2Veedol Corporation Ltd VEEDOL₹16 Cr
3Castrol India Ltd CASTROLIND₹63 Cr
4Gulf Oil Lubricants India Ltd GULFOILLUB₹567 Cr
Net debtlowest net debt
1Castrol India Ltd CASTROLIND₹-1.1K Cr
2Gulf Oil Lubricants India Ltd GULFOILLUB₹-590 Cr
3Veedol Corporation Ltd VEEDOL₹-189 Cr
4GOCL Corporation Ltd GOCLCORP⚠ unverified₹-93 Cr
Debt and balance-sheet capacity · company comparison
4/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Gulf Oil Lubricants India Ltd GULFOILLUB | ₹567 Cr | ₹-590 Cr | Mar 2026 |
| Castrol India Ltd CASTROLIND | ₹63 Cr | ₹-1.1K Cr | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | ₹16 Cr | ₹-189 Cr | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | ₹1 Cr | ₹-93 Cr | Mar 2026 |
Full 20-quarter history · every available company
Gross debt · reported quarter history
Castrol India Ltd · CASTROLIND
₹1 Cr
₹1 Cr
₹7 Cr
—
₹2 Cr
₹2 Cr
₹50 Cr
₹50 Cr
₹64 Cr
₹64 Cr
₹77 Cr
₹77 Cr
₹73 Cr
₹73 Cr
₹82 Cr
₹82 Cr
₹73 Cr
₹73 Cr
₹63 Cr
₹63 Cr
GOCL Corporation Ltd · GOCLCORP⚠ unverified
₹1.1K Cr
₹1.5K Cr
₹1.5K Cr
₹1.6K Cr
₹1.6K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.5K Cr
₹1.5K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.1K Cr
₹1.1K Cr
₹166 Cr
₹166 Cr
₹1 Cr
Gulf Oil Lubricants India Ltd · GULFOILLUB
₹211 Cr
₹302 Cr
₹302 Cr
₹390 Cr
₹390 Cr
₹390 Cr
₹390 Cr
₹373 Cr
₹373 Cr
₹413 Cr
₹413 Cr
₹365 Cr
₹365 Cr
₹462 Cr
₹462 Cr
₹467 Cr
₹467 Cr
₹507 Cr
₹507 Cr
₹567 Cr
Veedol Corporation Ltd · VEEDOL
₹18 Cr
₹16 Cr
₹16 Cr
₹14 Cr
₹14 Cr
₹1 Cr
₹1 Cr
₹5 Cr
₹5 Cr
₹0 Cr
₹0 Cr
₹1 Cr
₹1 Cr
₹27 Cr
₹27 Cr
₹22 Cr
₹22 Cr
₹21 Cr
₹21 Cr
₹16 Cr
Net debt · reported quarter history
Castrol India Ltd · CASTROLIND
₹-1.2K Cr
₹-1.2K Cr
₹-1.3K Cr
—
₹-1.5K Cr
₹-1.5K Cr
₹-1.2K Cr
₹-1.2K Cr
₹-927 Cr
₹-927 Cr
₹-1.2K Cr
₹-1.1K Cr
₹-1.2K Cr
₹-1.2K Cr
₹-1.4K Cr
₹-1.4K Cr
₹-793 Cr
₹-793 Cr
₹-1.1K Cr
₹-1.1K Cr
GOCL Corporation Ltd · GOCLCORP⚠ unverified
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.5K Cr
₹1.5K Cr
₹1.7K Cr
₹1.7K Cr
₹1.7K Cr
₹1.6K Cr
₹1.4K Cr
₹1.4K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.0K Cr
₹1.0K Cr
₹66 Cr
₹66 Cr
₹-93 Cr
Gulf Oil Lubricants India Ltd · GULFOILLUB
₹-287 Cr
₹-204 Cr
₹-204 Cr
₹-159 Cr
₹-184 Cr
₹-131 Cr
₹-131 Cr
₹-277 Cr
₹-281 Cr
₹-310 Cr
₹-310 Cr
₹-389 Cr
₹-392 Cr
₹-428 Cr
₹-428 Cr
₹-579 Cr
₹-584 Cr
₹-611 Cr
₹-611 Cr
₹-590 Cr
Veedol Corporation Ltd · VEEDOL
₹-166 Cr
₹-130 Cr
₹-130 Cr
₹-133 Cr
₹-133 Cr
₹-90 Cr
₹-90 Cr
₹-157 Cr
₹-157 Cr
₹-194 Cr
₹-194 Cr
₹-211 Cr
₹-211 Cr
₹-45 Cr
₹-45 Cr
₹-116 Cr
₹-116 Cr
₹-73 Cr
₹-73 Cr
₹-189 Cr
06 · compare level, then change
Return On Capital Employed
Castrol India Ltd has the highest ROCE among the 4 Lubricants companies compared here, at 60.3%. Gulf Oil Lubricants India Ltd is next at 26.2%. The same company also holds the highest ROCE change, at +3.4 percentage points. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Castrol India Ltd leads ROCE at 60.3%, 34.1 percentage points above Gulf Oil Lubricants India Ltd. Castrol India Ltd has the strongest latest improvement at +3.4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderCastrol India Ltd · 60.3%
Gap130.2% versus #2 · Gulf Oil Lubricants India Ltd
Persistence5/8 recent comparable periods
Coverage4/4 companies · 62 observations
Investor read: Castrol India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Castrol India Ltd CASTROLIND60%
2Gulf Oil Lubricants India Ltd GULFOILLUB26%
3Veedol Corporation Ltd VEEDOL24%
4GOCL Corporation Ltd GOCLCORP⚠ unverified13%
ROCE changefastest improvers
1Castrol India Ltd CASTROLIND+3.4 pp
2Veedol Corporation Ltd VEEDOL+0.8 pp
3Gulf Oil Lubricants India Ltd GULFOILLUB+0.4 pp
4GOCL Corporation Ltd GOCLCORP⚠ unverified−12.3 pp
Return on capital · company comparison
4/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Castrol India Ltd CASTROLIND | 60% | +3.4 pp | Mar 2026 |
| Gulf Oil Lubricants India Ltd GULFOILLUB | 27% | +0.4 pp | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | 18% | +0.8 pp | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | -1.0% | −12.3 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Castrol India Ltd · CASTROLIND
67%
—
60%
—
59%
—
54%
—
51%
58%
52%
57%
52%
57%
51%
56%
65%
65%
64%
60%
GOCL Corporation Ltd · GOCLCORP⚠ unverified
—
0.2%
—
-0.1%
—
-1.6%
—
-1.4%
11%
0.2%
8.4%
8.0%
9.3%
-2.0%
11%
11%
56%
-2.1%
59%
-1.0%
Gulf Oil Lubricants India Ltd · GULFOILLUB
—
26%
—
23%
—
28%
—
25%
—
26%
35%
26%
35%
26%
37%
26%
35%
25%
31%
27%
Veedol Corporation Ltd · VEEDOL
—
19%
—
17%
—
17%
—
16%
—
17%
21%
18%
23%
17%
21%
17%
24%
18%
25%
18%
ROCE change · reported quarter history
Castrol India Ltd · CASTROLIND
—
—
—
—
−8.2 pp
—
−5.8 pp
—
−7.3 pp
—
−2.6 pp
—
+0.3 pp
−0.3 pp
−0.8 pp
−1.0 pp
+13.7 pp
+7.6 pp
+12.8 pp
+3.4 pp
GOCL Corporation Ltd · GOCLCORP⚠ unverified
—
—
—
—
—
−1.8 pp
—
−1.3 pp
—
+1.8 pp
—
+9.4 pp
−1.2 pp
−2.2 pp
+2.5 pp
+3.3 pp
+46.2 pp
−0.1 pp
+47.6 pp
−12.3 pp
Gulf Oil Lubricants India Ltd · GULFOILLUB
—
—
—
—
—
+1.6 pp
—
+1.8 pp
—
−1.1 pp
—
+1.3 pp
—
−0.1 pp
+1.3 pp
+0.1 pp
+0.4 pp
−1.8 pp
−5.5 pp
+0.4 pp
Veedol Corporation Ltd · VEEDOL
—
—
—
—
—
−2.4 pp
—
−1.4 pp
—
−0.5 pp
—
+2.3 pp
—
+0.4 pp
−0.2 pp
−1.1 pp
+0.4 pp
+1.1 pp
+3.6 pp
+0.8 pp
07 · compare level, then change
Valuation Against Growth & Quality
Veedol Corporation Ltd has the lowest Guarded PEG among the 4 Lubricants companies compared here, at 0.51×. Gulf Oil Lubricants India Ltd is next at 1.54×. GOCL Corporation Ltd has the lowest P/E at 7.3×, so level and change sit with different companies. 3 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Veedol Corporation Ltd has the lowest comparable Guarded PEG at 0.51×, 66.9% below Gulf Oil Lubricants India Ltd. Only 3 of 4 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderVeedol Corporation Ltd · 0.51×
Gap66.9% versus #2 · Gulf Oil Lubricants India Ltd
Persistence0/8 recent comparable periods
Coverage3/4 companies · 35 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Veedol Corporation Ltd VEEDOL0.5
2Gulf Oil Lubricants India Ltd GULFOILLUB1.5
3Castrol India Ltd CASTROLIND2.3
P/Elowest P/E
1GOCL Corporation Ltd GOCLCORP⚠ unverified7.3
2Veedol Corporation Ltd VEEDOL12.7
3Gulf Oil Lubricants India Ltd GULFOILLUB13.8
4Castrol India Ltd CASTROLIND18.8
Valuation · company comparison
3/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Castrol India Ltd CASTROLIND | 2.3 | 18.1 | Mar 2026 |
| Gulf Oil Lubricants India Ltd GULFOILLUB | 1.5 | 12.2 | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | 0.5 | 11.5 | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | — | 5.5 | Mar 2026 |
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
Castrol India Ltd · CASTROLIND
—
0.9
—
0.5
2.3
—
—
1.8
2.4
—
—
3.6
2.0
2.9
2.1
3.0
3.0
2.5
2.3
—
Gulf Oil Lubricants India Ltd · GULFOILLUB
—
—
—
—
—
—
1.1
—
0.7
0.5
0.4
0.7
0.6
0.6
0.7
0.7
1.0
1.2
1.5
—
Veedol Corporation Ltd · VEEDOL
1.9
0.7
—
—
—
—
—
—
—
—
—
1.3
1.5
—
1.2
0.9
0.5
0.7
0.5
0.5
P/E · reported quarter history
Castrol India Ltd · CASTROLIND
20.5
17.7
16.0
13.4
13.6
13.8
15.0
13.5
15.1
17.0
21.8
21.6
22.6
27.3
21.6
21.8
22.7
20.2
19.6
18.1
GOCL Corporation Ltd · GOCLCORP⚠ unverified
19.2
16.6
22.0
23.7
21.8
8.7
9.0
6.6
7.2
24.9
38.0
41.9
49.8
26.2
22.2
13.6
15.8
15.4
12.2
5.5
Gulf Oil Lubricants India Ltd · GULFOILLUB
16.2
13.8
11.0
10.1
9.6
10.3
10.1
8.6
9.8
10.6
13.2
16.2
19.4
21.0
17.7
15.9
16.7
16.2
15.8
12.2
Veedol Corporation Ltd · VEEDOL
30.2
21.4
18.6
16.7
14.8
13.4
14.3
12.3
15.4
18.9
19.4
18.1
27.9
26.6
19.5
15.0
16.6
16.8
15.0
11.5
08 · compare level, then change
Enterprise Value & Book Value
GOCL Corporation Ltd has the lowest EV/EBITDA among the 4 Lubricants companies compared here, at 4×. Gulf Oil Lubricants India Ltd is next at 6.4×. The same company also holds the lowest P/BV, at 0.63×. 4 of 4 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 20 reported observations across the 20-quarter window.
What the numbers say: GOCL Corporation Ltd leads both ev/ebitda at 4× and p/bv at 0.63×.
LeaderGOCL Corporation Ltd · 4×
Gap37.5% versus #2 · Gulf Oil Lubricants India Ltd
Persistence0/8 recent comparable periods
Coverage4/4 companies · 80 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1GOCL Corporation Ltd GOCLCORP⚠ unverified4.0
2Gulf Oil Lubricants India Ltd GULFOILLUB6.4
3Veedol Corporation Ltd VEEDOL7.7
4Castrol India Ltd CASTROLIND11.6
P/BVlowest P/BV
1GOCL Corporation Ltd GOCLCORP⚠ unverified0.6
2Veedol Corporation Ltd VEEDOL2.4
3Gulf Oil Lubricants India Ltd GULFOILLUB3.3
4Castrol India Ltd CASTROLIND9.6
Enterprise and book valuation · company comparison
4/4 level · 4/4 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Castrol India Ltd CASTROLIND | 11.6 | 9.1 | Mar 2026 |
| Veedol Corporation Ltd VEEDOL | 7.7 | 2.3 | Mar 2026 |
| Gulf Oil Lubricants India Ltd GULFOILLUB | 6.4 | 2.7 | Mar 2026 |
| GOCL Corporation Ltd GOCLCORP⚠ unverified | 4.0 | 0.5 | Mar 2026 |
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
Castrol India Ltd · CASTROLIND
12.7
11.1
9.8
8.0
8.1
8.2
9.0
8.2
9.5
10.8
14.0
13.7
14.6
17.7
13.8
13.8
14.5
13.2
12.8
11.6
GOCL Corporation Ltd · GOCLCORP⚠ unverified
19.2
15.8
18.4
18.2
17.2
9.4
8.5
6.5
6.5
14.0
16.0
15.6
18.2
12.2
11.6
10.1
11.3
12.1
6.9
4.0
Gulf Oil Lubricants India Ltd · GULFOILLUB
11.4
9.7
7.7
7.0
5.4
6.0
5.9
4.6
5.3
5.8
7.5
9.5
11.7
12.6
10.5
9.4
9.8
9.2
8.8
6.4
Veedol Corporation Ltd · VEEDOL
20.3
14.3
12.4
10.7
9.3
8.9
9.4
7.7
9.9
11.9
12.5
11.7
18.7
18.3
12.9
10.5
11.9
12.2
10.7
7.7
P/BV · reported quarter history
Castrol India Ltd · CASTROLIND
10.2
9.1
8.6
7.2
6.2
6.2
6.8
6.7
6.0
6.9
9.0
8.7
9.3
11.3
9.1
8.8
9.4
10.6
10.5
9.1
GOCL Corporation Ltd · GOCLCORP⚠ unverified
1.4
1.2
1.3
1.3
1.0
1.0
1.3
1.3
1.3
1.6
1.8
1.6
1.6
1.5
1.2
0.9
1.3
1.1
0.5
0.5
Gulf Oil Lubricants India Ltd · GULFOILLUB
4.0
3.2
2.5
2.0
1.9
2.0
2.0
2.0
2.2
2.2
2.9
3.8
5.1
5.3
4.3
4.1
4.6
4.1
3.6
2.7
Veedol Corporation Ltd · VEEDOL
6.3
4.3
3.6
2.8
2.5
2.4
2.4
2.0
2.4
2.8
3.1
3.0
5.2
4.8
3.3
2.7
3.5
3.4
3.0
2.3
09 · let price answer last
Market action
GOCL Corporation Ltd has the strongest one-year price move in Lubricants at +2.1%. It also leads on Mansfield relative strength against NIFTY at +22.4%. 1 of 4 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Lubricants comparison names 6 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. 1 of the 8 ranked sections has fewer than three usable current readings.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set
Which companies are included?
All 4 companies in the canonical Lubricants membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Castrol India Ltd CASTROLIND | ₹18.3K Cr | ₹185 | 2026-07-19 | Mar 2026 | Cross-checked |
| Gulf Oil Lubricants India Ltd GULFOILLUB | ₹5.0K Cr | ₹1,016 | 2026-07-19 | Mar 2026 | Cross-checked |
| Veedol Corporation Ltd VEEDOL | ₹2.4K Cr | ₹1,399 | 2026-07-19 | Mar 2026 | Cross-checked |
| GOCL Corporation Ltd GOCLCORPAHEAD⚠ unverified | ₹2.0K Cr | ₹397 | 2026-07-19 | Mar 2026 | Includes unverified figures |
How each company's sources stand: 1 of 4 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 4 Lubricants companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing3 cross-checked · 1 unverified · 0 withheld, of 4 graded companies.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
Questions investors ask · short, speakable answers
Lubricants company comparison FAQs
These 17 answers restate the Lubricants comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
What is the Nifty Lubricants index?
The Nifty Lubricants index tracks India's listed Lubricants companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Lubricants sector rather than to its largest constituent. Figures are as of Mar 2026.
Which are the best Lubricants stocks in India?
Ranked by this page's four-factor score, Castrol India Ltd places first among 4 listed Lubricants companies, followed by Veedol Corporation Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Lubricants stocks are listed in India?
This comparison covers 4 listed Lubricants companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.
Which Lubricants company is the biggest?
Castrol India Ltd is the largest, with trailing-twelve-month revenue of ₹5,845 crore, ahead of Gulf Oil Lubricants India Ltd at ₹4,056 crore. That covers 4 of 4 companies with comparable reporting through Mar 2026.
Which Lubricants company is growing fastest?
Gulf Oil Lubricants India Ltd has the fastest revenue growth at 11.7% year on year, across 4 of 4 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Lubricants company has the best profit margins?
Castrol India Ltd has the highest operating margin at 21%, from 4 of 4 comparable companies. Castrol India Ltd shows the biggest recent improvement, at -1 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Lubricants company makes the most profit?
GOCL Corporation Ltd earns the most, at ₹1,522 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. GOCL Corporation Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Lubricants company earns the highest return on capital?
Castrol India Ltd leads on return on capital employed at 60.3%, across 4 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Lubricants stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — Veedol Corporation Ltd screens cheapest at 0.51×. Only 3 of 4 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Lubricants company has the strongest balance sheet?
GOCL Corporation Ltd carries the lowest comparable gross debt at ₹1 crore, from 4 of 4 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Lubricants stock has the strongest price momentum?
GOCL Corporation Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Lubricants company scores highest for research priority?
Castrol India Ltd scores 57.9 out of 100 with 91% evidence confidence, from 15.6 points on growth and earnings, 21.7 on capital efficiency, 8.3 on valuation and 12.3 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Lubricants companies does this comparison cover, and over what period?
It compares 4 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Lubricants sector?
The 4 Lubricants companies on this page carry ₹27,714 crore of combined market value. Castrol India Ltd is the largest at ₹18,278 crore, about 66% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
How is the Lubricants sector performing?
1 of the 4 covered Lubricants companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.