Gandhar Oil Refinery (India) Ltd

Gandhar Oil Refinery (India) Ltd

Fortune 500 2024
+ 1 More
+ 1 More
OVERVIEW
FINANCIALS

About

Gandhar commenced its operations in 1992 after the liberalization process. The company is a prominent producer of white oils by revenue and is involved in the manufacture of Pharmaceutical, Health care, and Performance Oil, Process Insulating Oil, as well as Lubricants (including automotive and industrial oils). Gandhar Oil operates two facilities in Western India and an additional plant in Sharjah, UAE, to support both our Indian and international activities. The research and development centre of the firm at Silvassa facility has been granted a certificate of registration Department of Scientific & Industrial Research. With customers and clients throughout 100 countries across Europe, America, Africa, and the Asia-Pacific region, Gandhar’s exports make up around 64% of the company's overall sales. The company is one of the top two competitors in the Indian white oil market, holding approximately 26.5% of the market share in that category.

Incorporation Year: 1992
Headquarters: Mumbai, India
Top Management: Ramesh B. Parekh : Founder, Chairperson & Managing Director, Samir Parekh:Vice Chairperson & Joint Managing Director
Industry: Chemicals

Featured In Fortune India Ranking

#499(2024)
Next 500 India
#309(2018)
#309(2018)

Financial Data 2024

Revenue
4,126
(INR Cr)
Net Operating Income
4,113
(INR Cr)
Assets
1,499
(INR Cr)
Profit
141
(INR Cr)
Net Worth
1,172
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS202420232022202120202019201820172016201520142013
Revenue
(INR Cr)
4126
0.9%
4087
14.4%
3572
62.5%
2198
-11.1%
2474
-31.1%
3588
52.4%
2355
7.6%
2188
25.7%
1740
-36.2%
2726
53.5%
1775
46.3%
1214
-
Net Operating Income
(INR Cr)
4113
0.84%
4079
15.12%
3543
59.54%
2221
-11.29%
2504
-29.82%
3568
0.00%
2363
16.90%
2169
23.53%
1756
-32.90%
2617
51.80%
1724
40.17%
1230
0.00%
Profit
(INR Cr)
141
-26.4%
191
29.5%
147
46.9%
100
917.4%
10
-47.4%
19
-62.4%
50
-32.9%
74
186.3%
26
-14.2%
30
-1.6%
31
-21.7%
39
-
Assets
(INR Cr)
1499
49.6%
1002
32.9%
754
40.1%
538
8.9%
494
-1.6%
502
-17.0%
605
-4.1%
631
25.4%
503
-22.4%
648
41.1%
459
22.4%
375
-
Net Worth
(INR Cr)
1172
57.7%
743
37.4%
541
21.7%
445
28.6%
346
-10.0%
384
0.0%
320
16.7%
301
32.0%
228
10.8%
206
47.1%
140
38.8%
101
0.0%
Employee Cost
(INR Cr)
57
8.3%
52
43.1%
37
53.7%
24
-1.7%
24
-0.6%
24
49.6%
16
-28.3%
23
64.3%
14
12.4%
12
4.5%
12
8.6%
11
-
Interest Cost
(INR Cr)
595233375048443147423217
Cash & Bank Balance
(INR Cr)
27710818312110011518797871984680
Total Debt
(INR Cr)
27122019190146116283326272441318273

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS202420232022202120202019201820172016201520142013
Profit As % Of Revenues 3.4%4.7%4.1%4.6%0.4%0.5%2.1%3.4%1.5%1.1%1.7%3.2%
Profit As % Of Assets 9.4%19.1%19.6%18.6%2.0%3.7%8.2%11.8%5.2%4.7%6.7%10.5%
Profit As % Of Networth 12.0%25.7%27.2%22.6%2.9%4.9%15.6%24.7%11.4%14.7%22.0%38.9%
Interest Cost to EBITDA % 21.2%16.5%13.2%26.3%82.7%87.3%36.0%24.4%62.6%47.9%40.9%22.1%
Debt to Equity Ratio 0.230.300.350.200.420.300.881.081.192.142.272.71
RONW 17.3%33.3%33.2%25.4%2.7%4.9%16.8%28.1%12.0%17.5%25.3%38.9%
ROCE 22.3%38.1%40.5%30.4%12.6%14.9%19.5%23.1%13.6%15.9%19.5%21.0%