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GANDHAR

Gandhar Oil Refine Ind L Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 53/100 · Average See breakdown ↓
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as of —

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Day Open

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Day High

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NSE Close — 25 Sep 2026

₹261.65

Change

-1.05 (-0.4%)

Open

₹262.7

Prev. Close

₹262.7

Day High

₹264.5

Day Low

₹259.7

Volume Analysis

Traded

300,287

Delivered

137,156

Delivery %

45.67%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (1)

  • •Promoter holding is rising

Weaknesses (0)

No signal for this stock

Opportunities (0)

No signal for this stock

Threats (1)

  • •FII holding has been falling

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹269.0 ₹266.75 ₹264.2 ₹261.95 ₹259.4 ₹257.15 ₹254.6
Fibonacci ₹266.75 ₹264.92 ₹263.78 ₹261.95 ₹260.12 ₹258.98 ₹257.15
Camarilla ₹262.97 ₹262.53 ₹262.09 ₹261.95 ₹261.21 ₹260.77 ₹260.33

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

+69.59%

1 Week

-2.24%

1 Month

+2.02%

3 Months

+42.63%

6 Months

+110.13%

1 Year

+86.57%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹207.22

Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

19.64%

Net margin 6.27% × asset turnover 1.91x × equity multiplier 1.64x

Company Overview

Sector

Oil, Gas & Consumable Fuels

Market Cap

₹2,569 Cr

P/E (TTM)

8.52

ROE

10.5%

Book Value

₹138.0

Face Value

₹2.0

Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.

TopFund Analysis

Gandhar Oil Refine Ind L lands in the middle of the pack on TopFund's composite fundamentals check within the Oil, Gas & Consumable Fuels sector, at 53/100. The strongest factor is Financial Strength (100/100), while Institutional Ownership (11/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising. FII holding has been falling.

TopFund Score — Fundamentals Quality

53/100 — Average

Data confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

100

Growth

19

Valuation

53

Cash Flow

33

Corporate Governance

75

Momentum

79

Institutional Ownership

11

Business Quality

52

Risk & Volatility

50

Liquidity

44

From Screener.in

  • +Company is expected to give good quarter
  • −Company has a low return on equity of 10.3% over last 3 years.
  • −Dividend payout has been low at 5.01% of profits over last 3 years

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Closure of Trading Window 24 Sep 24 Sep
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Sep

The representatives of the management of the Company will be participating in the conference of Arihant Capital ....

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 11 Sep 11 Sep
Shareholder Meeting / Postal Ballot-Outcome of AGM 11 Sep 11 Sep
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 10 Sep 10 Sep

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Jun 2023 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 + 1,070 1,001 1,103 939 995 935 1,005 962 903 1,060 1,167 1,093 1,732
Expenses + 986 925 1,018 906 934 895 964 928 857 994 1,108 1,030 1,451
Operating Profit 84 76 85 34 60 40 42 34 46 66 59 64 281
OPM % 8.0% 8.0% 8.0% 3.6% 6.0% 4.3% 4.1% 3.5% 5.0% 6.0% 5.0% 6.0% 16.0%
Other Income + 1 2 2 5 5 2 2 4 3 3 4 4 3
Interest 13 15 16 14 13 11 10 14 10 10 10 8 13
Depreciation 5 5 5 6 6 6 6 7 7 7 7 8 8
Profit before tax 67 58 66 19 46 25 27 17 32 51 45 52 264
Tax % 19.0% 18.0% 23.0% 37.0% 29.0% 26.0% 24.0% 27.0% 18.0% 22.0% 24.0% 29.0% 22.0%
Net Profit + 54 48 51 12 33 18 20 12 26 40 34 37 206
EPS in Rs 6 5 5 1 3 2 2 1 3 4 3 4 20
Raw PDF — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Sales + 1,756 2,169 3,568 2,504 2,221 3,543 4,079 4,113 3,897 4,241 5,052
Expenses + 1,680 2,042 3,496 2,444 2,081 3,296 3,762 3,833 3,720 4,004 4,582
Operating Profit 76 127 72 60 140 247 317 280 176 237 470
OPM % 4.3% 6.0% 2.0% 2.4% 6.0% 7.0% 8.0% 7.0% 4.5% 6.0% 9.0%
Other Income + 10 13 11 13 29 26 24 10 13 13 14
Interest 47 31 48 50 37 33 52 59 49 40 41
Depreciation 8 9 8 11 11 15 17 20 26 30 30
Profit before tax 31 100 27 13 120 225 272 210 114 181 413
Tax % 16.0% 26.0% 30.0% 24.0% 17.0% 27.0% 21.0% 21.0% 27.0% 24.0% —
Net Profit + 26 74 19 10 100 164 214 165 84 137 317
EPS in Rs 162 46 12 6 63 18 24 14 8 14 31
Dividend Payout % 1,778.0% 0.0% 85.0% 73.0% 0.0% 0.0% 2.0% 3.0% 6.0% 5.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves 212 285 368 330 429 525 727 1,153 1,217 1,333
Borrowings + 272 326 116 146 90 191 220 271 305 315
Other Liabilities + 374 481 771 516 566 586 668 497 418 558
Total Liabilities 875 1,108 1,271 1,008 1,101 1,318 1,632 1,940 1,959 2,225
Fixed Assets + 74 78 99 97 88 190 238 361 450 498
CWIP 2 4 5 12 22 44 73 9 8 29
Investments 0 0 1 0 7 0 0 0 0 3
Other Assets + 798 1,025 1,166 899 984 1,084 1,321 1,570 1,501 1,695
Total Assets 875 1,108 1,271 1,008 1,101 1,318 1,632 1,940 1,959 2,225
Equity Capital 16 16 16 16 16 16 16 20 20 20

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + 214 -26 165 70 118 167 88 -69 15 128
Cash from Investing Activity + -10 -8 1 -24 -22 -116 -72 -66 -48 -62
Cash from Financing Activity + -221 24 -176 -45 -91 -4 -29 160 13 -88
Net Cash Flow -16 -10 -11 2 5 47 -13 25 -21 -22
CFO/OP 299 -11 265 118 85 90 47 -8 26 69
Free Cash Flow 195 -41 154 54 108 51 32 -125 15 128

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 64.63% → 66.6%
  Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 20.79% 26.24% 31.37% 32.56% 33.52% 33.05% 33.03% 32.8% 32.77% 33.05% 33.3% 31.1%
Promoters 64.63% 64.63% 64.63% 64.63% 64.63% 64.63% 65.01% 65.01% 65.01% 66.18% 66.47% 66.6%
FII 3.87% 2.53% 0.53% 0.18% 0.02% 0.62% 0.18% 0.24% 0.17% 0.34% 0.14% 1.27%
DII 10.72% 6.61% 3.47% 2.65% 1.84% 1.7% 1.79% 1.97% 2.05% 0.43% 0.09% 1.02%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Oil, Gas & Consumable Fuels — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Gandhar Oil Refine Ind L (this stock) 2,569 8.52 1.91 10.5%
Veedol Corporation Ltd 2,428 11.0 2.35 19.5%
Asian Energy Services Ltd 2,331 36.1 4.35 12.8%
Panama Petrochem Ltd 2,864 5.98 1.95 15.6%
Hindustan Oil Exploration 2,274 90.5 1.64 2.13%
Dolphin Off Ent (ind) L 2,895 40.2 8.19 21.9%
Confidence Petro Ind Ltd. 2,963 22.0 2.09 6.76%

Which Mutual Funds Hold Gandhar Oil Refine Ind L?

Frequently Asked Questions about Gandhar Oil Refine Ind L

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