Gandhar Oil Refinery (India) Ltd

GANDHAR
NSE· Oil Gas & Consumable Fuels
206.60
+3.45 (+1.70%)
Updated 08:46 am IST
52W Low · ₹119.2052W High · ₹209.80
Near 52W High
Market Cap
₹1573.22L Cr
Volume
6.78L
Prev Close
₹193.35
ISIN
INE717W01049

Orion Score

Fundamentals-based quality & risk · not a recommendation

40/100
Caution

Raw blend 52 capped to 40 by a red flag.

Why this is capped

Raw blend 52 → capped to 40

  • Profit not converting to cash (CFO 0.2x PAT) — cash-trap risk
  • Short track record (3 yrs of data)
Quality
50
Growth
24
Safety
61
Value
84

Gandhar Oil Refinery (India) Ltd scores 40/100 (Caution) on the Orion Score — moderate business quality (50), poor growth (24), moderate balance-sheet safety (61) and cheap valuation (84). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO 0.2x PAT) — cash-trap risk
  • Short track record (3 yrs of data)

Forensic accounting

Piotroski F 5/9Altman Z Safe(8.37)Beneish M Clean(-2.42)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

68/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.23x — lean balance sheet
QUALITY
Average
ROCE 12.9% — decent returns
MOMENTUM
Bullish
RSI 76.3 — strong momentum

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
11.63
ROCE
12.91%
ROE (1Y)
10.21%
D/E Ratio
0.23x
OPM
5.11%
TTM EPS
₹13.82
Dividend Yield
78.00%
Qtrly Sales
₹1,093.37 Cr
Qtrly Profit
₹40.68 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹1,093.37₹40.685.1%₹4.16
Q3 2026₹1,167.06₹32.394.4%₹3.31
Q2 2026₹1,059.91₹36.055.5%₹3.68
Q1 2026₹902.96₹26.234.3%₹2.68
Q4 2025₹961.72₹11.672.8%₹1.19

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2026₹4,241.18₹135.37₹2484.8%
FY 2025₹3,896.93₹80.06₹188.553.8%
FY 2024₹4,110.6₹140.52₹276.196.2%
FY 2023₹4,075.95₹190.88₹322.757.5%

Peer Comparison — Oil Gas & Consumable Fuels

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
GANDHAR₹1,573 Cr11.6312.91%10.21%0.23x5.11%
RELIANCE₹17,47,042 Cr21.657.42%9.14%0.37x9.98%
COALINDIA₹2,64,566 Cr8.5214.27%28.12%0.12x20.92%
BPCL₹1,32,343 Cr5.1223.29%28.47%0.54x6.78%
GAIL₹1,10,067 Cr14.526.55%8.69%0.28x2.75%
ATGL₹79,615 Cr117.7113.05%14.46%0.59x15.25%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹1,959.09₹1,939.99₹1,631.77₹1,318.21
Equity₹1,236.1₹1,172.21₹743.4₹541.12
Total Debt₹304.6₹270.99₹219.98₹190.77
Cash₹50.6₹71.43₹46.85₹59.68
Net Debt₹130.99₹131.71₹122.68₹98.48
Working Capital₹977.64₹935.93₹473.79₹368.42

Shareholding Pattern

Q1 FY2027

Promoter
66.47%
FII
1.81%
DII
1.48%
Public
30.24%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202766.47%1.81% ↓1.48% ↓30.24% ↑
Q4 FY202666.47% ↑2.69% ↑2.2% ↑28.64% ↓
Q3 FY202666.18% ↑0.34% ↑0.43% ↓33.05% ↑
Q2 FY202665.01%0.17% ↓2.05% ↑32.77% ↓
Q1 FY202665.01%0.24% ↑1.97% ↑32.8% ↓
Q4 FY202565.01% ↑0.18% ↓1.79% ↑33.03% ↓
Q3 FY202564.63%0.62% ↑1.7% ↓33.05% ↓
Q2 FY202564.63%0.02%1.84%33.52%

Corporate Actions

Ex-DateActionDetails
2026-01-30
DIVIDEND
Interim Dividend - Re 0.75 Per Share

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About Gandhar Oil Refinery (India) Ltd (GANDHAR) Stock

Gandhar Oil Refinery (India) Ltd is listed on the NSE under the Oil Gas & Consumable Fuels sector, Lubricants industry. ISIN: INE717W01049. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.