Gulf Oil Lubricants India Limited (GOLIL) is a prominent player in India's lubricants industry, operating as part of the prestigious Hinduja Group and Gulf Oil International. The company was originally incorporated as Hinduja Infrastructure Limited in 2008 and transformed into its current form in 2013 when it acquired the lubricants business from Gulf Oil Corporation Limited through a demerger arrangement.
The company operates through a comprehensive business model covering the manufacturing, marketing, and trading of automotive and non-automotive lubricants. GOLIL has manufacturing facilities in Silvassa and Ennore, Chennai, building a robust foundation for growth and innovation in the lubricants sector.
Gulf Oil Lubricants has established itself as a leading brand with a diversified product portfolio catering to the automotive, industrial, and marine sectors. The product range includes:
- Automotive Lubricants: Engine oils, gear oils, greases for bikes, scooters, cars, commercial vehicles, and tractors.
- Industrial Lubricants & Specialty Oils
- Marine Lubricants
- EV Fluids
- AdBlue®
GOLIL holds a top 2/3 position in key segments amongst private sector lubricant brands in India and is recognized as one of the fastest-growing lubricant players, consistently outperforming industry growth rates.
The company has forged strategic partnerships with leading Original Equipment Manufacturers (OEMs) and maintains a robust distribution network:
- OEM Tie-ups: Around 40 OEMs, including major automotive manufacturers like Ashok Leyland, Mahindra, Bajaj, Tata Motors, Force Motors, and Kia.
- B2B Clients: 1000+ industrial, infrastructure, and institutional clients.
- Exports: To over 25 countries globally, contributing approximately 5% of the annual turnover.
- Pan-India Distribution Network: For both B2C and B2B segments.
Gulf Oil Lubricants has demonstrated strong financial performance with consistent growth:
- Market Capitalization: ₹6,157 Crore (as of latest data)
- Promoter Holding: 67.1% (as of Mar 2025), showing a decrease over the last 3 years by -4.68%.
- Revenue (FY25): ₹3,631.16 crore (10.00% growth YoY)
- Net Profit (FY25): ₹359.85 crore (16.85% growth YoY)
- Q3 FY25 Revenue: ₹920.40 crore (12.59% growth YoY)
- Q3 FY25 Net Profit: ₹97.91 crore (22.23% growth YoY)
- Interim Dividend (FY25): ₹20 per share (1000% dividend yield)
Gulf Oil Lubricants is actively positioning itself for the future mobility landscape:
- EV Investments: Recent investments in Tirex Chargers (DC fast charging), Indra Technologies (UK-based slow AC charger/mobility firm), and TechPerspect-brand Electreefi (EV SaaS provider).
- Expanded Product Portfolio: Inclusion of EV fluids and charging solutions.
- AdBlue®: Leading manufacturer and marketer of the AdBlue® product range.
- 2-Wheeler Battery Replacement: Holds a top 5 share in this segment.
The company operates under the leadership of MD & CEO Ravi Chawla. Promoter holding has decreased to 67.14% as of March 2025 from 71.76% as of June 2024.
Gulf Oil Lubricants has established itself as a formidable player in India's lubricants industry through its comprehensive product portfolio, strategic partnerships, robust distribution network, and commitment to innovation. The company's strong financial performance, coupled with its forward-looking investments in electric mobility and charging infrastructure, positions it well for sustainable growth in the evolving automotive landscape.
