Gulf Oil Lubricants India Ltd - Stock Valuation and Financial Performance

BSE: 538567 | NSE: GULFOILLUB | Lubricants | Small Cap

Gulf Oil Lubricant Share Price

1,171.85 -21.95 -1.84%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Gulf Oil Lubricant

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Gulf Oil Lubricants India stock performance -

mw4me loader
P/E Ratio (SA):
17.04
Market Cap:
5,770.3 Cr.
52-wk low:
641.3
52-wk high:
1,510

Is Gulf Oil Lubricants India Ltd an attractive stock to invest in?

1. Is Gulf Oil Lubricants India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gulf Oil Lubricants India Ltd is a good quality company.

2. Is Gulf Oil Lubricants India Ltd undervalued or overvalued?

The key valuation ratios of Gulf Oil Lubricants India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Gulf Oil Lubricants India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Gulf Oil Lubricants India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Gulf Oil Lubricant:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gulf Oil Lubricants India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 66.5%40.5%39.1%40.3%36.6%29.2%26%23.8%24.1%28%-
Value Creation
Index
3.91.91.81.91.61.10.90.70.71.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9671,0111,0871,3321,7061,6441,6522,1922,9993,2843,404
Sales YoY Gr.-4.5%7.5%22.6%28%-3.6%0.5%32.7%36.8%9.5%-
Adj EPS 15.420.123.731.835.540.439.741.94762.668.8
YoY Gr.-30.2%18%34.3%11.7%13.9%-1.7%5.3%12.2%33.2%-
BVPS (₹) 37.749.669.491.3114.9149.7171.2205.6238.2261.3278.6
Adj Net
Profit
76.499.5118158177203200211230308339
Cash Flow from Ops. 13111813411017237194-23.7273348-
Debt/CF from Ops. 1.61.71.32.316.61.51-15.11.21-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.5%14%25.7%9.5%
Adj EPS 16.9%12%16.3%33.2%
BVPS24%17.9%15.1%9.7%
Share Price 8.8% 7.1% 38.2% 64.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
81.645.73938.433.630.124.522.120.724.925.5
Op. Profit
Mgn %
13.115.616.317.716.617.5161311.412.713.2
Net Profit
Mgn %
7.99.810.811.810.412.312.19.67.79.410
Debt to
Equity
1.20.80.50.60.50.50.20.30.30.30
Working Cap
Days
52123120115125150155144131132103
Cash Conv.
Cycle
2032212338514962584747

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 25.50%

Sales growth is growing at healthy rate in last 3 years 25.73%

Net Profit is growing at healthy rate in last 3 years 16.34%

Sales growth is not so good in last 4 quarters at 6.80%

Latest Financials - Gulf Oil Lubricants India Ltd.

Standalone Consolidated
TTM EPS (₹) 68.8 68.3
TTM Sales (₹ Cr.) 3,404 3,445
BVPS (₹.) 278.6 278
Reserves (₹ Cr.) 1,447 1,359
P/BV 4.21 4.22
PE 17.04 17.17
From the Market
52 Week Low / High (₹) 641.25 / 1510.00
All Time Low / High (₹) 221.00 / 1510.00
Market Cap (₹ Cr.) 5,770
Equity (₹ Cr.) 9.9
Face Value (₹) 2
Industry PE 21

Management X-Ray of Gulf Oil Lubricant:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Gulf Oil Lubricant

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales9671,0111,0871,3321,7061,6441,6522,1922,9993,284
Operating Expenses 8418539101,0971,4231,3571,3881,9062,6572,867
Manufacturing Costs838998120160148148217279303
Material Costs5324915316198297347871,1471,6461,701
Employee Cost 44577183102114116117135149
Other Costs 182216210276332362336425597713
Operating Profit 126158177235283287265285342417
Operating Profit Margin (%) 13.1%15.6%16.3%17.7%16.6%17.5%16.0%13.0%11.4%12.7%
Other Income 12192126303553444868
Interest 1818109152515103826
Depreciation 56710223334364047
Exceptional Items 0000000000
Profit Before Tax 116153181243275265269284313413
Tax 395364849762697380105
Profit After Tax 77100118159178203200211232308
PAT Margin (%) 8.0%9.9%10.8%11.9%10.4%12.3%12.1%9.6%7.7%9.4%
Adjusted EPS (₹)15.620.223.731.935.740.439.841.947.462.7
Dividend Payout Ratio (%)35%35%36%33%32%35%40%12%53%57%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1872463444545727508611,0371,1681,285
Share Capital 10101010101010101010
Reserves 1772363344445627408511,0271,1581,275
Minority Interest0000000000
Debt215195178248283354198357332329
Long Term Debt0000000000
Short Term Debt215195178248283354198357332329
Trade Payables97131133223196259290271391495
Others Liabilities 99245145177181161145235267292
Total Liabilities 5988168011,1011,2331,5231,4941,9002,1572,402

Fixed Assets

Gross Block124147125278309341338383411406
Accumulated Depreciation3440718396185110134156
Net Fixed Assets89107118260270280254273277250
CWIP 82296114339
Investments 334455203688193
Inventories142157150237339328377476472484
Trade Receivables114106110135151187189335410487
Cash Equivalents 180235290326293551496574654706
Others Assets62205101133175171155202252271
Total Assets 5988168011,1011,2331,5231,4941,9002,1572,402

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 13111813411017237194-24273348
PBT 116153181243275265269284313413
Adjustment 151201428363913
Changes in Working Capital 34214-63-17228-23-2381524
Tax Paid -34-50-62-71-90-84-55-76-93-102
Cash Flow From Investing Activity -29-3-10-51-221730-1730-58
Capex -35-18-42-107-49-18-8-25-23-21
Net Investments -3-10000-14-14-103
Others 91632572736522163-39
Cash Flow From Financing Activity 20-79-599-295-27798-202-238
Net Proceeds from Shares 00223117405
Net Proceeds from Borrowing 0000000000
Interest Paid -14-18-10-8-15-16-18-7-34-26
Dividend Paid -11-38-44-53-65-42-104-45-25-201
Others 45-23-7684753-162146-143-16
Net Cash Flow 122366568-34259-545710252
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)82.7246.3639.8639.7434.6630.6324.8322.2421.0725.12
ROCE (%)66.4740.4539.1340.2836.6129.1625.9723.8324.0828.02
Asset Turnover Ratio3.531.651.561.451.461.191.11.291.481.44
PAT to CFO Conversion(x)1.71.181.140.690.11.170.97-0.111.181.13
Working Capital Days
Receivable Days37343132313742444550
Inventory Days46474451627478715853
Payable Days33859110592113127897395

Gulf Oil Lubricants India Ltd Stock News

Gulf Oil Lubricants India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gulf Oil Lubricant on 20-Dec-2024 16:59 is ₹1,171.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Gulf Oil Lubricant stood at ₹5,770.3.
The latest P/E ratio of Gulf Oil Lubricant as of 20-Dec-2024 16:59 is 17.04.
The latest P/B ratio of Gulf Oil Lubricant as of 20-Dec-2024 16:59 is 4.21.
The 52-week high of Gulf Oil Lubricant is ₹1,510 and the 52-week low is ₹641.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gulf Oil Lubricant is ₹3,404 ( Cr.) .

About Gulf Oil Lubricants India Ltd

Gulf Oil Lubricants India Ltd (GOLIL), part of the Hinduja Group, is an established player in the Indian Lubricants Industry. Gulf Oil International (GOI), parent of GOLIL, owns the Gulf brand globally (except USA, Spain & Portugal). Previously a part of Gulf Oil Corporation Limited, today, GOLIL, as part of the parent company GOI, enjoys a presence in many countries.

With operations primarily in the Automotive and Industrial segments, and a leading presence in the open market through a stellar distributor network, GOLIL supply directly to OEMs and other B2B customers (Industries, Infrastructure, Mining & Fleet Customers, State Transport and Government Undertakings).

Business area of the company

Gulf Oil Lubricants India is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants.

Products and services offered by the company

  • Automotive Lubricants
  • Industrial Lubricants
  • Batteries
  • Marine

Awards

FY 2017-18

  • Won the World Training and Development Leadership Award from the World HRD Congress
  • Won the Brandon Hall Excellence award 2017
  • Gulf Oil India won the ‘best team of the year’ award in Gulf Oil International’s Global Conference in Dubai

FY 2018- 19

  • Gulf MLP - Master Mechanic - won ‘Best Loyalty Program in Auto Sector’ in the 12th Customer Loyalty Summit, 2019 - Customer Fest Show.
  • Gulf MLP - Master Mechanic - won ‘Best Influencer Marketing Platform Award’ in the Mar Tech Leadership Awards, 2019.
  • Flame Asia Silver award for ‘Agriculture and Allied Campaigns’
  • Gold at the ACEF awards for ‘Effective Customer Engagement campaign for Brand Awareness’
  • Chennai facility has been awarded “Gold Level Certification” by the Indian Green Building Council (IGBC).

FY 2019-20

  • India’s most admired automobile lubricant brand, 2019 Gulf Oil was adjudged “India’s Most Admired Automobile Lubricant Brand” and Ravi Chawla, MD & CEO, was selected as one of “India’s most Inspirational Leader” by WPI in their India’s Most Admired Brands/ Companies and Leaders for 2019-20.
  • Won 2 golds at the WOW Awards Asia 2020 which are among the most prestigious on-ground activation awards in the industry
  • Suraksha Bandhan campaign created a Guinness World Record for ‘The Longest Line Of Postcards’
  • Gold at the Singapore Customer Engagement Awards
  • Silver at the Flame Awards Asia, 2019
  • Two Gold and one Bronze at the ACEF Global Awards, 2019
  • Felicitation of Gulf Supreme Tractotsav winners by the Uttar Pradesh Agriculture minister at a grand meet in Lucknow on ‘Krishi Diwas’
  • Champion of the Champions award for the best loyalty programme of the year
  • The most innovative program of the year for Gulf-Zomato Partnership.
  • Gulf Unnati programme won the Best Channel Loyalty Program award at ‘The Customers Fest Awards 2020 - 13th edition’

Milestones

  • 1920- Gulf introduced in India by Silvertown Lubricants, UK, through its Indian subsidiary.
  • 1930- Gulf Oil India Ltd is formed with the acquisition of Silvertown by Gulf.
  • 1974- Gulf Oil India Ltd becomes part of the JP Goenka group and is renamed as Petrosil India.
  • 1984- Hinduja Group acquires rights to Gulf brand globally and also picks up 26% stake in the Indian entity.
  • 1993- Gulf Oil India set up by the Hinduja Group.
  • 2002- Hinduja merges Gulf Oil India with IDL Industries to form Gulf Oil Lubricants India Limited.
  • 2006- Gulf Oil redefines performance standards of Diesel Engine Oils segment with the launch of Gulf SUPERFLEET LE Max which had a drain interval of 36,000 km.
  • 2007- Gulf Pride 4T Plus, India’s first motorcycle engine oil with a drain interval of 10,000 km is launched. The claim has been rigorously tested both internally (by M/s Sportscraft) and externally (by IADADA).
  • 2008- Gulf Oil, as a pioneer initiative in the Industry, participated in the IPL for the first time by sponsoring KXIP. This initiative was followed up by a rich history of Gulf’s Involvement with IPL s as Gulf sponsored CSK and RPSG in the coming years.
  • 2009- Gulf MAX range of New Generation passenger car motor oils introduced from global portfolio, with MX4 Technology and industry leading technical specifications.
  • 2010- Gulf SUPERFLEET LE Max becomes India’s first engine oil with a drain interval of 40,000 km.
  • 2011- Gulf-Mahindra co-brand introduced to deliver superior performance and customer satisfaction to India’s leading automaker with the launch of Gulf Super Diesel X-10, with a drain interval of 10,000 km. Gulf took the Indian auto sector by storm with the launch of GULF SUPERFLEET LE Dura Max, the first-ever 80,000 km drain interval engine oil.
  • 2011- Gulf Oil India signed up Mahindra Singh Dhoni as its official Brand Ambassador that has being going from strength to strength and has become an integral part of ‘Gulf Oil’ Brand’s Success.
  • 2012- Gulf’s portfolio for the Mining & Construction sector strengthened through a tie up with L&T Komatsu and launch of the Gulf Super Duty LTK range of hydraulic and engine oils.
  • 2013- Gulf cracked an OEM partnership with Mahindra and Swaraj for creating co-branded oils for Tractors.
  • 2014- Gulf entered into an exclusive partnership with Whitmore, a giant in specialty lubricant, as their official distributor in India.
  • 2015- GOI entered into a global partnership with the Manchester United, one of the top clubs globally, as their esteemed partners.
  • 2016- Gulf cracked an OEM partnership with Bajaj, India’s no.2 in Motorcycle Manufacturing, for manufacturing and supplying Genuine Oil for Motorcycle, both Domestic as well as Global.
  • 2017- Universal Tractor Transmission oil for an OEM with 1200hr drain interval.
  • 2017- Established long drain prowess with new environment friendly technology coolant with change period of 3,00,000 km.
  • 2018- Introduced OEM co-branded axle oil for with 120,000km and 1500hr drain interval.
  • 2018- Gear Oil launched for an OEM with drain interval extension up to 3000 hr.
  • 2019- Industrial products has been launched namely Heavy Duty Industrial Grease - Gulf Crown HD Blue and High Performance Hydraulic Oil - Gulf Harmony AW Premium
  • 2020- Gulf Oil Lubricants India (Gulf Oil) has renewed its strategic partnership with Bajaj Auto for three years.
  • 2020- Gulf Oil Lubricants enters into long term strategic partnership with S-Oil Corporation
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.