# Gulf Oil Lubricants India share price today (Gulf Oil Lubricants India Ltd, NSE: GULFOILLUB)

> Gulf Oil Lubricants India share price today: ₹1,085.20 at the NSE close on 3 November 2026, down 12.3% in a year. Gulf Oil Lubricants India (NSE: GULFOILLUB) is worth ₹5,378 crore, trades at a P/E of 12.8 and has closed between ₹888.75 and ₹1,224.10 over the past 52 weeks. > Gulf Oil Lubricants India Ltd's share price has fallen more than its earnings. Earnings per share fell 3.6% in a year while the price moved −12.3%. GULFOILLUB · Lubricants · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/gulf-oil-lubricants-india-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹1,085.20 (−12.3% in a year)
- P/E: 12.8× (lower than 61% of the last 4.4 years)
- Revenue (Sep 2026): ₹1,409 Cr (+45.7% on a year ago)
- Profit (Sep 2026): ₹115 Cr (+36.9% on a year ago)
- Operating margin: 12.0% (flat on a year ago)
- ROCE: 26%, FY26
- ROIC: 34.6%, against a 12.0% cost of capital: +22.6 points

The main question: domestic institutions moved −1.6 percentage points over 8 quarters while the business went the other way. ## What is the Gulf Oil Lubricants India share price today? Gulf Oil Lubricants India Ltd's share price was ₹1,085.20 at the close on 3 November 2026. It has been rising for 11 weeks. That is 1.0% above its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. In the last 52 weeks it traded between ₹889 and ₹1,224, and at that close it sat 59% of the way up from that low. Over the last 11 years the share price moved +128% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Gulf Oil Lubricants India this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), promoters cut their stake for 3 quarters in a row and highest quarterly revenue in 16 quarters. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹1,409 crore, +45.7% on a year earlier. Why: Revenue rose because the company sold more oil across all its business areas and raised prices to cover higher raw material costs. Sales grew to vehicle makers, to factories that fill new vehicles with oil, and to industrial customers, and new customers added business. Next results: check whether festive demand keeps sales to vehicle makers and factories growing. From the earnings call on 30 Oct 2026. 2. Promoters cut their stake for 3 quarters in a row From 67.1% to 66.8% of the company by the September 2026 quarter. 3. Highest quarterly revenue in 16 quarters Revenue of ₹1,409 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Revenue hit a record because the company sold more oil across all its business areas and raised prices to cover higher raw material costs. Sales grew to vehicle makers, factories that fill new vehicles with oil and industrial customers, and new customers added business. Next results: check whether festive demand keeps sales up after this record quarter. From the earnings call on 30 Oct 2026. ## What dividend does Gulf Oil Lubricants India pay? Gulf Oil Lubricants India paid ₹51 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 4.70% at the ₹1,085.20 close on 3 November 2026. The last was a dividend of ₹30 a share, ex-date 4 September 2026. ### Gulf Oil Lubricants India dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 4 Sep 2026 | ₹30 | Dividend |
| 13 Feb 2026 | ₹21 | Interim |
| 19 Sep 2025 | ₹28 | Dividend |
| 14 Feb 2025 | ₹20 | Interim |
| 5 Sep 2024 | ₹20 | Dividend |
| 13 Feb 2024 | ₹16 | Interim |
| 25 Aug 2023 | ₹25 | Dividend |
| 8 Sep 2022 | ₹5 | Dividend |
| 8 Sep 2021 | ₹9 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Gulf Oil Lubricants India Ltd paid out 73% of its profit as dividends in FY26, and it paid a dividend in each of its last 5 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are Gulf Oil Lubricants India's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Gulf Oil Lubricants India reported revenue of ₹1,409 crore, up 45.7% from ₹967 crore a year earlier, and a profit of ₹115 crore, up 36.9% from ₹84.0 crore. ### Gulf Oil Lubricants India results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,409 crore | ₹967 crore | +45.7% |
| Profit | ₹115 crore | ₹84.0 crore | +36.9% |
| Earnings per share | ₹23.29 | ₹17.35 | +34.2% |
| Operating margin | 12.0% | 12.0% | 0.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Gulf Oil Lubricants India's management discussed these results on a call held on 30 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Gulf Oil Lubricants India share price history? Gulf Oil Lubricants India closed at ₹1,085.20 on 3 November 2026, down 12.3% from ₹1,236.80 a year earlier (31 October 2025) and up 81.3% over five years. Its highest weekly close since March 2016 was ₹1,435.15 on 20 September 2024. ### Gulf Oil Lubricants India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,035.85 | +4.8% |
| 1 month ago · 1 Oct 2026 | ₹1,092.55 | −0.7% |
| 6 months ago · 30 Apr 2026 | ₹983.30 | +10.4% |
| 1 year ago · 31 Oct 2025 | ₹1,236.80 | −12.3% |
| 3 years ago · 3 Nov 2023 | ₹616.35 | +76.1% |
| 5 years ago · 4 Nov 2021 | ₹598.60 | +81.3% |
| 10 years ago · 4 Nov 2016 | ₹733.95 | +47.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹475.05 | +128.4% |
| Highest weekly close since March 2016 · 20 Sep 2024 | ₹1,435.15 | −24.4% |
| Lowest weekly close since March 2016 · 13 May 2022 | ₹389.45 | +178.6% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹1,224.10 | −11.3% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹888.75 | +22.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Gulf Oil Lubricants India? 3 Nov 2026: Gulf Oil Lubricants India closed at ₹1,085.20, up 4.8% on the week and down 0.7% on the month. 30 Oct 2026: Gulf Oil Lubricants India held its results call for July to September 2026. Management guided: H2 volume close to double-digit growth at 2-3 times 3-4% industry growth. ### Earlier

- Results for July to September 2026: Revenue up 45.7% and profit up 36.9% on a year earlier. - 4 Sep 2026: ex-date for a dividend of ₹30 a share. - 13 Feb 2026: ex-date for an interim dividend of ₹21 a share. ## What did Gulf Oil Lubricants India management say on the latest results call? On the call for July to September 2026, held on 30 October 2026, Gulf Oil Lubricants India's management guided: H2 volume close to double-digit growth at 2-3 times 3-4% industry growth. > “We have been able to protect our per-litre margins, which means that the cost increases have been passed on to customers and consumers on a per-litre basis.”
> Manish Gangwal, on the call for July to September 2026

### What management guided

- Operating margin 12-14% band maintained with per-litre protection via pricing and sourcing. - Medium-term margin trajectory to 14-16% band, not in next one to two quarters. - AdBlue volume growth 10-15% going forward on rising BS-VI population. - Chennai capacity on stream by end of this quarter; Silvassa readiness in Q1 next year versus March goal. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/18148-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## What to watch in Gulf Oil Lubricants India's next results? When Gulf Oil Lubricants India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Festive second-half volume to sustain industry-beating pace with OEM and industrial momentum - per H2 outlook and distribution gains. - What to check (from the call)
- Festive second-half volume to sustain industry-beating pace with OEM and industrial momentum - per H2 outlook and distribution gains. - Reported margin to stay near guided band with per-litre defense intact despite input lag - per margin framework. - Chennai and Silvassa commissioning against guided timelines with full-capacity cover and no supply break - per expansion update. ## Which stock lists is Gulf Oil Lubricants India on? Gulf Oil Lubricants India is on 2 of our India lists: Dividend stocks and Oil & gas stocks. - [Dividend stocks Regular dividend yield (%): 4.81](https://www.sectoralpha.in/dividend-stocks-india)
- [Oil & gas stocks Group on the list: Lubricants and specialty oils](https://www.sectoralpha.in/sectors/oil-and-gas-stocks-india)

## Is Gulf Oil Lubricants India profitable? Gulf Oil Lubricants India Ltd earned ₹115 Cr of net profit in the Sep 2026 quarter, +36.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹345 Cr. Over 4 years profit has grown 13.1% a year on average. That is 8.2% of the quarter's revenue. The same quarter a year earlier earned ₹84.0 Cr. For the full year, FY26 profit was ₹345 Cr (−3.4% on the year before). Why profit moved: revenue changed +45.7% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +9.9% and revenue +24.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Gulf Oil Lubricants India make, and is it growing? Gulf Oil Lubricants India Ltd reported ₹1,409 Cr of revenue in the Sep 2026 quarter, +45.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 16.6% a year on average. The last full year, FY26, came in at ₹4,056 Cr. The last four reported quarters add to ₹4,809 Cr. FY26 revenue was ₹4,056 Cr, +11.7% on the year before. Recent pace: the last four quarters grew +24.4% on average, against 16.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.7%, against +18.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +8.9%, against +9.9% a year (stabilising). ## How much of every ₹100 of sales does Gulf Oil Lubricants India keep? Gulf Oil Lubricants India Ltd's operating margin was 12.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 11.0% and 13.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed −0.5 percentage points on the year while gross margin changed −6.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Gulf Oil Lubricants India's profit turning into cash? Over the last 3 years, 108% of Gulf Oil Lubricants India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹350 Cr of operating cash against ₹345 Cr of profit. After ₹109 Cr of spending on assets, ₹241 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 108% of profit came in as cash: the cash cycle got 78 days shorter between FY22 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building. ## Where does Gulf Oil Lubricants India's cash go? Gulf Oil Lubricants India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 37 days in FY26, down from 115 days in FY22. It spent ₹345 Cr on assets over the last 3 years. Customers take 48 days to pay, and stock sits for 104 days on average. At FY26 sales of ₹4,056 Cr, each day of that cycle ties up about ₹11.1 Cr, so roughly ₹411 Cr is tied up in the business at any time. FY26: customers took 48 days to pay and stock sat for 104 days, about 3.4 months of sales sitting as stock, for a full cycle of 37 days, shorter than FY22's 115. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 104 days. Customers pay about 48 days after that. Suppliers are paid at 115 days. Together that makes the 37-day cycle. Spending on assets: ₹345 Cr over the last 3 years, against ₹176 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹32.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Gulf Oil Lubricants India's P/E ratio, and how does it compare with its own history? Gulf Oil Lubricants India Ltd's P/E is 12.8×, in the middle of its own history: higher than 39% of past readings. Its usual P/E (the middle reading) is 14.1×, over 4.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹81.83. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved −3.6% while the price moved −12.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +20.8% a year; about +15.7% a year came from earnings growth and about +5.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Gulf Oil Lubricants India business getting better or worse? Gulf Oil Lubricants India Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 33.6%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Gulf Oil Lubricants India earn on its capital? Gulf Oil Lubricants India Ltd earned a ROCE of 26% in FY26. That is up from a low of 23% in FY23. Its return on capital used (ROIC) is 22.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 8.5% net margin and 1.35× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 8.5% net margin × 1.35× asset turnover × 1.96× leverage (assets divided by equity) ≈ 22.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 34.6% − 12.0% = +22.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. ## Does Gulf Oil Lubricants India have too much debt? Gulf Oil Lubricants India Ltd has total debt of ₹852 Cr against shareholder equity of ₹1,683 Cr as of Sep 2026, so its debt is 0.51× its equity. Year by year, that ratio went from 0.37 in FY22 to 0.36 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Gulf Oil Lubricants India shareholding pattern? Foreign institutions raised their stake in Gulf Oil Lubricants India Ltd by 1.6 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 8.6% of the company. Domestic institutions moved −1.6 points over the same period, to 7.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.6 points over 8 quarters, to 8.6%; Domestic institutions: −1.6 points over 8 quarters, to 7.9%; Promoters: −0.4 points over 8 quarters, to 66.8%. Why the owners changed: foreign institutions moved +1.6 points and domestic institutions −1.6 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Gulf Oil Lubricants India from balance-sheet trouble? For Gulf Oil Lubricants India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Gulf Oil Lubricants India rank in its industry? 61.2 out of 100, rank 3 of 4 in Lubricants, with 82% of the evidence available. Gulf Oil Lubricants India Ltd scores 61.2 out of 100 against the 4 companies it is compared with in Lubricants, ranking 3. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. The four parts add up to the total exactly: 24.5 + 18.9 + 6.9 + 10.9 = 61.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Gulf Oil Lubricants India compared with? Gulf Oil Lubricants India ranks 3 of 4 Lubricants companies on the 4-Factor Sector Score, with 61.2 out of 100. 1. [Castrol India Ltd](https://www.sectoralpha.in/stocks/castrol-india-ltd) CASTROLIND · breaking out · Most evidence points up · 97% evidence 68.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 16.9% · Profit 3.6% · Operating margin change -9 points · 100% evidence Capital efficiency 19.7/25 · ROCE 60.3% · Operating margin 15% · 100% evidence Valuation 12.5/20 · P/E 18.1× · PEG 1.45 · 85% evidence Relative strength 17.7/20 · Lead over its industry 2.4% · Lead over NIFTY 500 5.3% · 1 year -3.6% · 100% evidence · 7 of 12 weeks ahead Exact sum: 19 + 19.7 + 12.5 + 17.7 = 68.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Veedol Corporation Ltd](https://www.sectoralpha.in/stocks/veedol-corporation-ltd) VEEDOL · turning · Most evidence points up · 93% evidence 68.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Revenue 12.9% · Profit 20.9% · Operating margin change 5 points · 88% evidence Capital efficiency 19.9/25 · ROCE 24.1% · Operating margin 16% · 100% evidence Valuation 14.9/20 · P/E 10.6× · PEG 1.4 · 85% evidence Relative strength 6.5/20 · Lead over its industry -6.6% · Lead over NIFTY 500 -4% · 1 year -24.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.6 + 19.9 + 14.9 + 6.5 = 68.9 · What this means: Earnings are strong; relative strength in its sector is -6.6% and the one-year return is -24.1%. 3. Gulf Oil Lubricants India Ltd this page GULFOILLUB · losing its lead · Evidence leans up · 82% evidence 61.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 24.7% · Profit 8.9% · Operating margin change 0 points · 100% evidence Capital efficiency 18.9/25 · ROCE 25.9% · Operating margin 12% · 100% evidence Valuation 6.9/20 · P/E 12.1× · PEG 2.62 · 85% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 1.8% · 1 year -16.6% · 25% evidence · 11 of 12 weeks ahead Exact sum: 24.5 + 18.9 + 6.9 + 10.9 = 61.2 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 4. [GOCL Corporation Ltd](https://www.sectoralpha.in/stocks/gocl-corporation-ltd) GOCLCORP · quiet · Evidence leans down · 64% evidence 35.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.4/35 · Revenue -7.7% · Profit -73% · Operating margin change -25 points · 95% evidence Capital efficiency 6.8/25 · ROCE 7% · Operating margin -352% · 76% evidence Valuation 13.4/20 · P/E 5.5× · PEG n/a · 35% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -3.4% · 1 year -12.8% · 25% evidence · 3 of 12 weeks ahead Exact sum: 7.4 + 6.8 + 13.4 + 8.3 = 35.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Lubricants](https://www.sectoralpha.in/sectors/lubricants), all 4 compared on one page. ## Which companies are close to Gulf Oil Lubricants India in size? Gulf Oil Lubricants India is the 2nd largest of 4 Lubricants companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Castrol India. Just below it: Veedol Corporation and GOCL Corporation. ### Lubricants companies close in size

1. [Castrol India Ltd](https://www.sectoralpha.in/stocks/castrol-india-ltd) ₹18,596 crore
2. Gulf Oil Lubricants India Ltd ₹5,104 crore
3. [Veedol Corporation Ltd](https://www.sectoralpha.in/stocks/veedol-corporation-ltd) ₹2,328 crore
4. [GOCL Corporation Ltd](https://www.sectoralpha.in/stocks/gocl-corporation-ltd) ₹1,529 crore

[All 4 Lubricants companies, largest first](https://www.sectoralpha.in/sectors/lubricants#all-companies)

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3. Gulf Oil Lubricants India Ltd ₹5,104 crore
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## What else do people ask about Gulf Oil Lubricants India? ### What is Gulf Oil Lubricants India's share price today? Gulf Oil Lubricants India Ltd's share price is ₹1,085.20, −12.3% over the past year. The whole company is worth ₹5,378 Cr on the market. In the last 52 weeks it traded between ₹889 to ₹1,224; today it is 59% of the way up from the low, 1.0% above its 200-day average (as of 3 November 2026). ### What were Gulf Oil Lubricants India's latest quarterly results? Gulf Oil Lubricants India Ltd reported revenue of ₹1,409 Cr and net profit of ₹115 Cr for the Sep 2026 quarter. Revenue rose 45.7% and profit rose 36.9% compared with a year earlier. Earnings per share were ₹23.29 (as of 3 November 2026). ### What is Gulf Oil Lubricants India's market cap? Gulf Oil Lubricants India Ltd's market capitalisation is ₹5,378 Cr at a share price of ₹1,085.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Gulf Oil Lubricants India performing? Gulf Oil Lubricants India Ltd's share price has been rising for 11 weeks. In its latest quarter, revenue rose 45.7% and profit rose 36.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Gulf Oil Lubricants India's share price go up? This page does not forecast Gulf Oil Lubricants India Ltd's share price. What it shows instead: the share price is ₹1,085.20, and it has been rising for 11 weeks. Its P/E of 12.8× is higher than 39% of its own last 4 years (as of 3 November 2026). ### Who owns Gulf Oil Lubricants India? Promoters own 66.8% of Gulf Oil Lubricants India Ltd, foreign institutions 8.6%, domestic institutions 7.9% and the public 16.3% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 1.6 percentage points over 8 quarters (as of 3 November 2026). ### Does Gulf Oil Lubricants India have too much debt? Gulf Oil Lubricants India Ltd has a moderate amount of debt: its debt is 0.37× its equity, and its operating profit is 9 times its interest bill. FY26 borrowings were ₹567 Cr against equity of ₹1,536 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Gulf Oil Lubricants India in its business cycle? Gulf Oil Lubricants India Ltd's FY26 operating margin was 13.0%, against a 5-year range of 11.0% to 13.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Gulf Oil Lubricants India story? The main question: domestic institutions moved −1.6 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Gulf Oil Lubricants India a stock worth studying right now? What the numbers show: Gulf Oil Lubricants India Ltd's share price has fallen more than its earnings. Earnings per share fell 3.6% in a year while the price moved −12.3%. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Gulf Oil Lubricants India share price forecast for 2026? What management itself guided: H2 volume close to double-digit growth at 2-3 times 3-4% industry growth. ## Lists

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