The company’s shares have delivered an impressive return of over 140 per cent to their shareholders in the past 1 year.
Gulf Oil Lubricants India declared a final dividend of Rs 20.00 per equity share, representing 1,000 per cent of the face value of Rs 2 per share. The total dividend for the full year, including the interim dividend of Rs 16 per share (i.e., 800 per cent on FV of Rs 2 per share) paid in February 2024, amounts to Rs 36.00 per equity share.
As per the Quarterly Results in the fourth quarter, revenues reached Rs 852.82 crores, marking a 7.67 per cent increase year over year (YoY). EBITDA for the same period stood at Rs 115.04 crores, reflecting a substantial 31.42 per cent YoY growth. Profit after tax (PAT) in Q4 amounted to Rs 85.43 crores, up by 37.41 per cent compared to the previous year. Looking at the full year performance, revenues for the 12-month period totaled Rs 3,284.10 crores, showing a YoY increase of 9.50 per cent. EBITDA for the same period reached Rs 419.38 crores, indicating a significant 22.33 per cent YoY growth, while PAT stood at Rs 308.10 crores, up by 32.63 per cent YoY.
In terms of the current shareholding pattern of the company, promoters hold 71.80 per cent, while FIIs and DIIs hold 7.08 per cent and 5.02 per cent, respectively.
Gulf Oil Lubricants Ltd is engaged in the business of manufacturing, marketing, and trading automotive and non-automotive lubricants. It ranks among the top three lubricant companies in India among private players. The company’s product portfolio consists of Automotive Lubricants, Industrial Lubricants and Specialty Oils, Marine Lubricants, EV Fluids, AdBlue, etc. It caters to the automotive, industrial, and marine sectors.
On Wednesday the company’s share closed at around Rs 1046.70 per share on the BSE. Investors must keep this multibagger Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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