Is Gulf Oil Lubricants India 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 .

Is Gulf Oil Lubricants India 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 Somewhat Undervalued zone .

What is Gulf Oil Lubricants India share price return in the past 10 years?

Gulf Oil Lubricants India Ltd share price has appreciated 10.6% annually (CAGR) over the past ten years.

Is Gulf Oil Lubricants India a good buy now?

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

What is the P/E ratio of Gulf Oil Lubricants India?

The latest standalone P/E ratio of Gulf Oil Lubricants India as of 21-Nov-2024 is 15.73.

What is the P/B ratio of Gulf Oil Lubricants India?

The latest standalone P/B ratio of Gulf Oil Lubricants India as of 21-Nov-2024 is 3.88.

What is the 52-week high and low of Gulf Oil Lubricants India?

The 52-week high of Gulf Oil Lubricants India is Rs. 1510.00 and the 52-week low is Rs. 612.60.

Gulf Oil Lubricants India Ltd - Stock Valuation and Financial Performance

Name: Gulf Oil Lubricants India
Brand: Gulf Oil Lubricants India

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

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Gulf Oil Lubricant Share Price

₹1,036.40 -45.65 -4.22%
as on 21-Nov'24 16:59

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	66.5%	40.5%	39.1%	40.3%	36.6%	29.2%	26%	23.8%	24.1%	28%	-
Value Creation Index ⓘ	3.9	1.9	1.8	1.9	1.6	1.1	0.9	0.7	0.7	1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	967	1,011	1,087	1,332	1,706	1,644	1,652	2,192	2,999	3,284	3,404
Sales YoY Gr.	-	4.5%	7.5%	22.6%	28%	-3.6%	0.5%	32.7%	36.8%	9.5%	-
Adj EPS ⓘ	15.4	20.1	23.7	31.8	35.5	40.4	39.7	41.9	47	62.6	68.8
YoY Gr.	-	30.2%	18%	34.3%	11.7%	13.9%	-1.7%	5.3%	12.2%	33.2%	-
BVPS (₹) ⓘ	37.7	49.6	69.4	91.3	114.9	149.7	171.2	205.6	238.2	261.3	278.6
Adj Net Profit ⓘ	76.4	99.5	118	158	177	203	200	211	230	308	339
Cash Flow from Ops. ⓘ	131	118	134	110	17	237	194	-23.7	273	348	-
Debt/CF from Ops. ⓘ	1.6	1.7	1.3	2.3	16.6	1.5	1	-15.1	1.2	1	-

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%
BVPSⓘ	24%	17.9%	15.1%	9.7%
Share Price	10.6%	3.8%	20.1%	68%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	81.6	45.7	39	38.4	33.6	30.1	24.5	22.1	20.7	24.9	25.5
Op. Profit Mgn % ⓘ	13.1	15.6	16.3	17.7	16.6	17.5	16	13	11.4	12.7	13.2
Net Profit Mgn % ⓘ	7.9	9.8	10.8	11.8	10.4	12.3	12.1	9.6	7.7	9.4	10
Debt to Equity ⓘ	1.2	0.8	0.5	0.6	0.5	0.5	0.2	0.3	0.3	0.3	0
Working Cap Days ⓘ	52	123	120	115	125	150	155	144	131	132	103
Cash Conv. Cycle ⓘ	20	32	21	23	38	51	49	62	58	47	47

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.) ⓘ	1,362	1,359
P/BV ⓘ	3.88	3.89
PE ⓘ	15.73	15.85

From the Market
52 Week Low / High (₹)	612.60 / 1510.00
All Time Low / High (₹)	221.00 / 1510.00
Market Cap (₹ Cr.)	5,328
Equity (₹ Cr.)	9.9
Face Value (₹)	2
Industry PE ⓘ	19.7

Management X-Ray of Gulf Oil Lubricant:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Gulf Oil Lubricant

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Gulf Oil Lubricant

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	967	1,011	1,087	1,332	1,706	1,644	1,652	2,192	2,999	3,284
Operating Expenses ⓘ	841	853	910	1,097	1,423	1,357	1,388	1,906	2,657	2,867
Manufacturing Costs	83	89	98	120	160	148	148	217	279	303
Material Costs	532	491	531	619	829	734	787	1,147	1,646	1,701
Employee Cost	44	57	71	83	102	114	116	117	135	149
Other Costs ⓘ	182	216	210	276	332	362	336	425	597	713
Operating Profit ⓘ	126	158	177	235	283	287	265	285	342	417
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 ⓘ	12	19	21	26	30	35	53	44	48	68
Interest ⓘ	18	18	10	9	15	25	15	10	38	26
Depreciation ⓘ	5	6	7	10	22	33	34	36	40	47
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	116	153	181	243	275	265	269	284	313	413
Tax ⓘ	39	53	64	84	97	62	69	73	80	105
Profit After Tax	77	100	118	159	178	203	200	211	232	308
PAT Margin (%)	8.0%	9.9%	10.8%	11.9%	10.4%	12.3%	12.1%	9.6%	7.7%	9.4%
Adjusted EPS (₹)	15.6	20.2	23.7	31.9	35.7	40.4	39.8	41.9	47.4	62.7
Dividend Payout Ratio (%)	35%	35%	36%	33%	32%	35%	40%	12%	53%	57%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	187	246	344	454	572	750	861	1,037	1,168	1,285
Share Capital ⓘ	10	10	10	10	10	10	10	10	10	10
Reserves ⓘ	177	236	334	444	562	740	851	1,027	1,158	1,275
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	215	195	178	248	283	354	198	357	332	329
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	215	195	178	248	283	354	198	357	332	329
Trade Payables	97	131	133	223	196	259	290	271	391	495
Others Liabilities ⓘ	99	245	145	177	181	161	145	235	267	292
Total Liabilities ⓘ	598	816	801	1,101	1,233	1,523	1,494	1,900	2,157	2,402
Fixed Assets
Gross Block	124	147	125	278	309	341	338	383	411	406
Accumulated Depreciation	34	40	7	18	39	61	85	110	134	156
Net Fixed Assetsⓘ	89	107	118	260	270	280	254	273	277	250
CWIP ⓘ	8	2	29	6	1	1	4	3	3	9
Investmentsⓘ	3	3	4	4	5	5	20	36	88	193
Inventories	142	157	150	237	339	328	377	476	472	484
Trade Receivables	114	106	110	135	151	187	189	335	410	487
Cash Equivalents ⓘ	180	235	290	326	293	551	496	574	654	706
Others Assetsⓘ	62	205	101	133	175	171	155	202	252	271
Total Assets ⓘ	598	816	801	1,101	1,233	1,523	1,494	1,900	2,157	2,402

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	131	118	134	110	17	237	194	-24	273	348
PBT ⓘ	116	153	181	243	275	265	269	284	313	413
Adjustment ⓘ	15	12	0	1	4	28	3	6	39	13
Changes in Working Capital ⓘ	34	2	14	-63	-172	28	-23	-238	15	24
Tax Paid ⓘ	-34	-50	-62	-71	-90	-84	-55	-76	-93	-102
Cash Flow From Investing Activity ⓘ	-29	-3	-10	-51	-22	17	30	-17	30	-58
Capex	-35	-18	-42	-107	-49	-18	-8	-25	-23	-21
Net Investments	-3	-1	0	0	0	0	-14	-14	-10	3
Others ⓘ	9	16	32	57	27	36	52	21	63	-39
Cash Flow From Financing Activityⓘ	20	-79	-59	9	-29	5	-277	98	-202	-238
Net Proceeds from Shares ⓘ	0	0	2	2	3	11	7	4	0	5
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
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	-7	68	47	53	-162	146	-143	-16
Net Cash Flow ⓘ	122	36	65	68	-34	259	-54	57	102	52

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	82.72	46.36	39.86	39.74	34.66	30.63	24.83	22.24	21.07	25.12
ROCE (%)	66.47	40.45	39.13	40.28	36.61	29.16	25.97	23.83	24.08	28.02
Asset Turnover Ratio	3.53	1.65	1.56	1.45	1.46	1.19	1.1	1.29	1.48	1.44
PAT to CFO Conversion(x)	1.7	1.18	1.14	0.69	0.1	1.17	0.97	-0.11	1.18	1.13
Working Capital Days
Receivable Days	37	34	31	32	31	37	42	44	45	50
Inventory Days	46	47	44	51	62	74	78	71	58	53
Payable Days	33	85	91	105	92	113	127	89	73	95

Gulf Oil Lubricants India Ltd Stock News

Gulf Oil Lubricants India Ltd FAQs

What is the share price of Gulf Oil Lubricant?

Company share prices are keep on changing according to the market conditions. The closing price of Gulf Oil Lubricant on 21-Nov-2024 16:59 is ₹1,036.4.

What is the market cap of Gulf Oil Lubricant?

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 21-Nov-2024 16:59 the market cap of Gulf Oil Lubricant stood at ₹5,328.1.

What is the P/E ratio of Gulf Oil Lubricant?

The latest P/E ratio of Gulf Oil Lubricant as of 21-Nov-2024 16:59 is 15.73.

What is the P/B ratio of Gulf Oil Lubricant?

The latest P/B ratio of Gulf Oil Lubricant as of 21-Nov-2024 16:59 is 3.88.

What is the 52-week high and low of Gulf Oil Lubricant?

The 52-week high of Gulf Oil Lubricant is ₹1,510 and the 52-week low is ₹612.6.

What is the TTM revenue of Gulf Oil Lubricant?

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