Gulf Oil Lubricants India Ltd · NSE:GULFOILLUB
Gulf Oil Lubricants India — Q3 FY2026 Earnings Presentation
35 slides from Gulf Oil Lubricants India's earnings presentation, Feb 19, 2026
Slide 1: Exchange filing cover letter
February 19, 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
Slide 2: Gulf Oil Lubricants India Ltd. Investor Presentation Q3 & 9MFY26
Gulf Oil Lubricants India Ltd. Investor Presentation | Q3 & 9MFY26
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 ➢ Highlights- Q3 & 9M FY26 ➢ Indian Lubricants Industry ➢ About Gulf Oil Lubricants ➢ Strong Market Position ➢ Dynamic Business Model ➢ Stellar Pan India Network ➢ Unlock 2.0 Strategy ➢ Manufacturing Facilities & Expansion Plan ➢ Shareholder Value Creation & Financials ➢ E-Mobility & Other S
Slide 5: Highlights- Q3 & 9M FY26
Highlights- Q3 & 9M FY26
Slide 6: Highlights- Q3 & 9M FY26
Highlights- Q3 & 9M FY26 Double-Digit Topline Record Quarter 3 Interim Dividend Growth Rs 21.00 per equity share i.e., Delivered in Q3 & 9MFY26 driven by Lubes Volumes, Revenue and EBITDA 1,050% on the FV of Rs. 2/Share higher volumes & an improved product Hit Quarterly All-Time Highs mix Strong Con
Slide 7: Financial Snapshot – Q3 & 9M FY26
Financial Snapshot – Q3 & 9M FY26 (In Rs. Crores, except as stated otherwise) Standalone Consolidated Q3 FY’26 Q3 FY’25 Y-o-Y 9M FY’26 9M FY’25 Y-o-Y Q3 FY’26 Q3 FY’25 Y-o-Y 9M FY’26 9M FY’25 Y-o-Y Particulars Revenue from Operations 997.92 904.88 10.28% 2,951.07 2,639.28 11.81% 1,017.55 920.40 10.5
Slide 8: Financial Snapshot – Q3 & 9M FY26- Standalone
Financial Snapshot – Q3 & 9M FY26- Standalone 10.28% - YoY 11.81% - YoY 998 957 Revenue From 2,951 Operations 905 2,639 9M FY25 9M FY26 Q3FY25 Q2FY26 Q3FY26 11.41% YoY 13.74% - YoY 440 432 44% Gross Profit 1300 1266 44% 420 408 43.28% 43% & Margin % 1250 400 388 42.66% 42.91% 43% 42.84% 42% 1200 380
Slide 9: Financial Snapshot – Q3 & 9M FY26- Consolidated
Financial Snapshot – Q3 & 9M FY26- Consolidated 10.56% - YoY 12.04% - YoY 1018 Revenue From 3,001 967 Operations 920 2,678 Q3FY25 Q2FY26 Q3FY26 9M FY25 9M FY26 12.15% YoY 14.22% - YoY Gross Profit 1284 460 440 441 44% 43.30% 43% & Margin % 1300 43% 412 42.78% 420 393 42.68% 42.58% 42% 1200 42% 400 1
Slide 10: Other Key Highlights for the Quarter
Other Key Highlights for the Quarter Key Business Updates: • High double-digit gain in PCMO driving the B2C segment’s performance, alongside good momentum in the Agri sales. • Highest ever quarterly volume in OEM segment led by PCMO recording all time high volume in OEM Franchise Workshops (FWS), hi
Slide 11: 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, Revenue, and Outlook EBITDA. We clearly outperformed the industry volume growth by 2x, supported by double-digit growth in key segments of B2C led by Passenger Car Motor
Slide 12: Gulf Oil Recognised as one of India's Best Managed Companies 2025
Gulf Oil Proudly Recognised as one of ‘India’s Best Managed Companies 2025’ by Deloitte Indiah Evaluated across Key Pillars of Excellence: ❑ Strategy ❑ Capabilities & Innovation ❑ Culture & Commitment A Global benchmark for business excellence ❑ Governance & Finance Reflects growth, clarity, agility
Slide 13: India Bike Week (IBW) 2025
India Bike Week (IBW) 2025- India’s Biggest Biking Event Gulf marked its 3rd consecutive year as the event’s main sponsor • Featured the first-ever India showcase of the Gulf Trackhouse Racing Team’s MotoGP bike in Views iconic Gulf livery, drawing significant enthusiast interest. 40M • Strategic pl
Slide 14: Gulf at CII Excon 2025
Gulf at CII Excon 2025 Largest Construction Equipment Event in South Asia ✓ Strategic partnerships with leading construction equipment manufacturers- Ammann, ACE, XCMG ✓ Expands Infrastructure Portfolio New additions to the ACE Genuine Oil range Official Partner for Ammann Genuine Oil Range
Slide 15: Charging Ahead with E-Mobility
Charging Ahead with E-Mobility Largest Construction Equipment Event in South Asia ✓ Showcased our latest 360kWh Dual Gun DC Charger ✓ Set up a dedicated free EV Car Charging Facility for visitors and exhibitors
Slide 16: Indian Lubricants Industry
Indian Lubricants Industry
Slide 17: 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 18: 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 19: 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 investments in infrastructure will rise to Rs 143 trillion between FY
Slide 20: About Gulf Oil Lubricants
About Gulf Oil Lubricants
Slide 21: Established a Strong Market Position
Established a Strong Market Position Indian Lubricant Market Growth Estimates 2-3% -5-7% 3-4% 2016-19 2019-2022 2022-25 Volume +9% Auto sector downturn, Economic slowdown, Back to Growth phase – Pick up in High Growth Phase Covid-19 led restrictions economic activity, uptick in Auto sales 15% Gulf g
Slide 22: Dynamic Business Model
Dynamic Business Model Business Model (RTM) *Industry Product Mix (FY25) 15% Domestic Gulf Oil Exports 21% 43% Automotive Industrial ~93% India ~7% 21% DEO Personal Mobility Industrial Others *Internal estimates B2C/ Automotive B2B Channel *Gulf Oil Product Mix (FY25) Distributor/OEM FWS 25% Retaile
Slide 23: Stellar Pan India Network
Stellar Pan India Network B2C Network B2B Network 90,000+ ~1,500 3,500+ 500+ Touchpoints Gulf Rural Stockists Secondary B2B Direct Customers Customers 320+ ~11,600 ~70 Auto Distributors Gulf Bike Stops (~8,300) & Industrial 880+ Car Stops (~3,300) Distributors IMF Customers across 522 cities in Indi
Slide 24: 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 25: 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 26: Capacity Expansion at Chennai & Silvassa Facilities
Capacity Expansion at Chennai & Silvassa Facilities Current Capacity Planned Capacity Silvassa 90 million litres 140 million litres (up 50%) 100 million litres (up 100%) Chennai 50 million litres • Planned Capex of Rs. 55 Crores for expansion of production capacity at Chennai and Silvassa facilities
Slide 27: Ownership and Stakeholder Value creation
Ownership and Stakeholder Value creation FY26- Declares Interim Dividend Rs 21 per equity share (1,050% on FV Rs 2 each) FY25- Final Dividend of Rs 28.00 per equity share, 1,400% on FV of Rs 2 per share (Paid in Oct-25), marking the total dividend for FY25 to Rs 48.00 per equity share Continuous inc
Slide 28: Standalone- Financial Highlights
Standalone- Financial Highlights Operational Revenue (Rs Cr.) EBITDA (Rs Cr.) & Margins % PBT (Rs Cr.) 3,554 500 17.5% 470 20.0 3,284 16.6% 419 486 2,999 16.1% 400 343 413 15.0 2,192 283 287 265 285 313 300 275 284 1,706 1,644 1,652 13.0% 12.8% 13.2% 10.0 265 269 11.4% 200 5.0 100 0 0.0 FY19 FY20 FY
Slide 29: E-Mobility & Other Synergy Businesses
E-Mobility & Other Synergy Businesses
Slide 30: 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 31: 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 32: 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 ✓ Q3 revenue growth of 83% and 9M ✓ EV Charging Stat
Slide 33: 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) 1,40,000 1,28,000 Urea-based eco-friendly product for diesel vehicles, reducing NOx emissions and complying with BS-VI standards
Slide 34: 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 35: Thank You !
Thank You ! For further information: Ms. Ekta Srivastava – Investor Relations & Corp Comm – 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 — Q3 FY2026 Earnings Presentation on 6ix