Gulf Oil Lubricants India Ltd · NSE:GULFOILLUB
Gulf Oil Lubricants India — Q4 FY26 Earnings Presentation
36 slides from Gulf Oil Lubricants India's earnings presentation, Jun 8, 2026
Slide 1: Exchange filing cover letter for investor presentation
June 8, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra-Kurla Complex Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 538567 Scrip symbol: GULFOILLUB Through: BSE Listing Centre Through: NEAPS Dear Sir/ Madam, Sub.
Slide 2: Gulf Oil Lubricants India Ltd. Investor Presentation | Q4 & FY26
Gulf Oil Lubricants India Ltd. Investor Presentation | Q4 & FY26
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”) have been prepared by Gulf Oil Lubricants India Limited (the “Company”) solely for informational purposes. They do not constitute an offer, recommendation, or invitation to purchase or subscribe for any securit
Slide 4: Content
Content Section 1- Quarterly Overview ➢ Highlights- Q4 & FY26 Section 2- Industry & Business Overview ➢ Indian Lubricants Industry ➢ About Gulf Oil Lubricants ➢ Strong Market Position ➢ Dynamic Business Model ➢ Stellar Pan India Network ➢ Unlock 2.0 Strategy ➢ Manufacturing Facilities & Expansion Pl
Slide 5: Section 1- Quarterly Overview
Section 1- Quarterly Overview
Slide 6: Highlights- Q4 & FY26
Highlights- Q4 & FY26
Slide 7: Rising Above & Beyond
Rising Above & Beyond All-Time High Q4 FY26 Rs 1,040 Crores Rs 135 Crores 13.0% >₹4,000 Crores Revenue EBITDA EBITDA Margin (Standalone) 13.7% YoY Growth 8.5% YoY Growth (Consolidated) Rs 3,991 Crores Rs 510 Crores 12.8% FY26 Revenue FY26 Revenue EBITDA EBITDA Margin 11.7% YoY Growth (Standalone) 12
Slide 8: Financial Snapshot – Q4 & FY26
Financial Snapshot – Q4 & FY26 (In Rs. Crores, except as stated otherwise) Standalone Consolidated Particulars Q4 FY’26 Q4 FY’25 Y-o-Y FY’26 FY’25 Y-o-Y Q4 FY’26 Q4 FY’25 Y-o-Y FY’26 FY’25 Y-o-Y Revenue from 1,040.24 915.08 13.68% 3,991.31 3,554.36 12.29% 1,055.26 952.74 10.76% 4,056.04 3,631.16 11.
Slide 9: Financial Snapshot – Q4 & FY26- Standalone
Financial Snapshot – Q4 & FY26- Standalone 13.7% YoY 12.3% YoY 1,040 Revenue From 3,991 998 915 Operations 3,554 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 8.5% YoY EBITDA 8.6% YoY 140 135 & Margin % 135 13.6% 14% 130 130 13.1% 124 13.0% 125 13% 520 510 15% 120 500 14% 115 470 13.2% 12% 480 110 13% 460 12.8% 10
Slide 10: Financial Snapshot – Q4 & FY26- Consolidated
Financial Snapshot – Q4 & FY26- Consolidated 10.8% YoY 11.7% YoY Revenue From Operations 1055 1018 4,056 953 3,631 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 6.0% YoY EBITDA 8.8% YoY & Margin % 140 137 14% 13.5% 132 520 514 15% 129 130 13.0% 12.9% 13% 500 14% 120 473 480 12% 13.0% 110 13% 460 12.7% 100 11% 440
Slide 11: Other Key Highlights for the Quarter
Other Key Highlights for the Quarter Good double-digit growth in PCMO during the quarter, along with significant growth for the full year. Double-digit growth in CVO, along with notable gains across the Agri, and MCO segments supported B2C & Franchise Work Shop (FWS) Performance. OEM segment recorde
Slide 12: Management Commentary & Outlook
Management Mr. Ravi Chawla, MD & CEO Commentary & “The quarter has been a strong one for us, with All-Time High quarterly Volumes, Outlook Revenue, and EBITDA supported by customer demand and business agility. Growth was broad-based across all key segments, rising above and beyond with industry- lea
Slide 13: Mechanic Meet and Greet with MS Dhoni
Mechanic Meet and Greet with MS Dhoni More than 45,000 mechanics from across the country came together, 20 selected mechanics received an exclusive opportunity to meet M.S. Dhoni Engaged in conversations around passion in motorcycles and the pride associated with doing the job right. The highlight w
Slide 14: Enduring Partnerships
Enduring Partnerships Strengthened our long-standing association with Chennai Super Kings by extending our partnership as the Official Lubricants Partner for the next four years, continuing a successful and enduring relationship that began over 13 years.
Slide 15: Enduring Partnerships
Enduring Partnerships Entered a strategic multi-year renewal alliance with Mahindra & Mahindra Ltd (Farm Equipment Business – Mahindra Tractors Division) reinforcing a valued relationship built over years of mutual trust and innovation.
Slide 16: Section 2- Industry & Business Overview
Section 2- Industry & Business Overview
Slide 17: Indian Lubricants Industry
Indian Lubricants Industry
Slide 18: Unlocking growth opportunities in the Indian Lubricants Industry
Unlocking growth opportunities in the Indian Lubricants Industry Lubricants Demand (Mn Tonnes) Volume Growth supported by even stronger value growth (CAGR 2023-33) Volume Growth 3-4% Most of the panelists found 3rd 2023 2.6 Despite projections conservative; Largest Lubricants Premiumization foresee
Slide 19: Growth Enablers for automotive lubricants industry
Beneficial Macros 1 Rising per capita income crossing $2,800 p.a. 2 Under-penetrated auto market (8% household owns cars, 47-50% owns 2Ws) 3 Strong prospects of the rural economy and rising farm income to boost tractor sales and MCO sales India is officially the 4th Largest Economy (over $4 trillion
Slide 20: Growth Enablers for industrial lubricants industry
Growth Enablers for industrial lubricants industry - India taking bold steps Industrial/Hydraulic Oils Increasing foreign and government investment making India as a Manufacturing hub Flagship Programs Metalworking fluids India’s projected investments in infrastructure Rs 143 trillion between FY 202
Slide 21: About Gulf Oil Lubricants
About Gulf Oil Lubricants
Slide 22: Established a Strong Market Position
Established a Strong Market Position Consistently Outperforming Industry Volume growth by 2–3x, supported by strong automotive demand and pickup in economic activities. Premiumisation across the portfolio contributed to strong double-digit value Volume +9% CAGR. Amongst the Private Sector in India 1
Slide 23: Dynamic Business Model
Dynamic Business Model Business Model (RTM) *Industry Product Mix 15% Domestic Gulf Oil Exports 21% 43% Automotive Industrial ~93% India ~7% 21% DEO Personal Mobility Industrial Others *Latest Internal estimates B2C/ Automotive B2B Channel *Gulf Oil Product Mix (FY26) Distributor/OEM FWS 25% Retaile
Slide 24: Stellar Pan India Network
Stellar Pan India Network B2C Network B2B Network 1,00,000+ 2100+ 4,500+ 1,000+ Touchpoints Gulf Rural Stockists Secondary B2B Direct Customers (Incl Urban, Rural, Car/Bike (all sectors) Stops Customers 330+ ~13,500 80+ Auto Distributors Gulf Bike Stops (~9,450) & Industrial 50+ Car Stops (~4,050) D
Slide 25: Unlock 2.0 – Unlocking the Next Level of Growth and Success
Unlock 2.0 – Unlocking the Next Level of Growth and Success Getting Future Ready ACCELERATE Robust Business Model India Growth 2-3x Volume Growth Story Market Share Growth Profitable Growth Brand Strength PREMIUMIZE 3-4% 6-8% Volume Value Higher Synthetics Passenger EV FY23-33 CAGR Growth Technology
Slide 26: Manufacturing Facilities
Manufacturing Facilities Silvassa Plant (West India) • Lubricants manufacturing Capacity* of Filling Machine 90,000 KL per annum • Finished goods warehouse with fully • AdBlue® manufacturing capacity of 36,000 Automated Storage and Retrieval System KL per annum (ASRS) • Key certifications include -
Slide 27: Lubricants Capacity Expansion - Chennai & Silvassa Facilities
Lubricants Capacity Expansion - Chennai & Silvassa Facilities Facility Current Capacity Planned Capacity Expected By 140 million litres (up Silvassa 90 million litres Q4 FY27 50%) 100 million litres Chennai 50 million litres (up 100%) Q3 FY27 • Planned Capex of Rs. 55 Crores for expansion of product
Slide 28: Ownership and Stakeholder Value creation
Ownership and Stakeholder Value creation FY26- Highest Ever Dividend Rs 51 i.e., 2,550 % on FV of Rs 2 (Incl Final Dividend Rs 30 & Interim Dividend Rs 21 per equity share; Highest Ever Payout 72% for FY26 Continuous increase in dividend with Total quantum of dividend paid in last 5 years For FY25 &
Slide 29: Standalone- Financial Highlights
Standalone- Financial Highlights Operational Revenue (Rs Cr.) EBITDA (Rs Cr.) & Margins % *PBT (Rs Cr.) 600 20.0% 510 18.0% 3991 500 17.5% 470 16.1% 419 16.0% 474 494 3554 3284 400 13.0% 343 14.0% 413 2999 12.8% 13.2% 12.8% 12.0% 287 285 11.4% 313 2192 300 265 10.0% 269 284 265 1644 1652 8.0% 200 6.
Slide 30: Section 3- E-Mobility & Other Synergy Businesses
Section 3- E-Mobility & Other Synergy Businesses
Slide 31: Gulf Oil gets Future Ready with EV Fluids
Gulf Oil gets Future Ready with EV Fluids Key strengths to keep Gulf ahead Launched globally as well as in of competition: India in 2021 Strong Brand Image Formulated specifically for Hybrid Access & strong relationship and Fully EVs for optimal with 2W & Passenger Car performance to help reduce CO2
Slide 32: Strategic Playbook for Full-Stack EV Value Chain Participation
Strategic Playbook for Full-Stack EV Value Chain Participation Invested ~INR 185 crore in EV Ecosystem Indra Renewable Techperspect SaaS provider Tirex Transmission DC +AC Chargers Technologies Slow Home AC Chargers Software Pvt Ltd. Investment & Holdings Investment & Holdings Investment & Holdings
Slide 33: Strengthening Tirex to become a growing contributor
Strengthening Tirex to become a growing contributor in the medium to long term 14.18% 65.18% ₹ 140 Cr 51.00% Total Investment Acquired in Oct 2023 + Increased in Q2 FY26 = Current Ownership Strong Financial Growth Technology Some of the Major Wins ✓ FY26 Revenue crossed Rs 100 Crores ✓ EV Charging S
Slide 34: AdBlue® - Eco friendly / Urea based solution
AdBlue® - Eco friendly / Urea based solution Complementary product; Huge synergy in supply chain, distribution and end customer segments Mullti-fold growth in volume (KL) 1,51,000 Urea-based eco-friendly product for diesel vehicles, 1,40,000 1,28,000 reducing NOx emissions and complying with BS-VI s
Slide 35: Battery - Among the top five players in replacement two-wheeler segment
Battery - Among the top five players in the replacement two-wheeler segment • Began 7-8 years ago; launched Gulf Pride quality batteries to enhance our brand strength in 2-Wheelers, an extension to Gulf Pride Motor Cycle Oil brand • To leverage our lubricants retail distribution (~40% synergy) Growt
Slide 36: Thank You !
Thank You ! For further information: Ms. Ekta Srivastava – Investor Relations & Corporate Communications – Gulf Oil Lubricants India Ltd; Email: ekta.srivastava@gulfoil.co.in Mr. Snighter Albuquerque – Adfactors PR Pvt. Ltd. Email: snighter.a@adfactorspr.com
Gulf Oil Lubricants India — Q4 FY26 Earnings Presentation on 6ix