Oil Marketing & Distribution company Gulf Oil Lubricants India announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenues at Rs 915.08 crore, Up 7.30% YoY EBITDA at Rs 124.47 crore, Up 8.20% YoY EBITDA Margin at 13.60%, Up 11 BPS YoY PAT at Rs 91.62 crore, Up 7.24% YoY FY25 Financial Highlights: Revenues at Rs 3,554.36 crore, Up 8.23% YoY EBITDA at Rs 470.07 crore, Up 12.09% YoY EBITDA Margin at 13.23%, Up 46 BPS YoY PAT at Rs 362.25 crore, Up 17.58% YoY Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India commented, “Fiscal year 2024–25 concluded on a momentous note, with revenues surpassing the Rs 3,500 crore mark. As outlined at the start of the year, we increased our market share across all key segments and delivered volume growth at twice the industry rate. These results were supported by focused strategic efforts to strengthen our market penetration, expand our product portfolio across B2B, B2C, and OEM segments, and grow our customer bases. Under our UNLOCK 2.0 strategy, we focused on driving core business growth through premium offerings and meaningful transformation aligned with our long-term strategic goals. We are also placing strong emphasis on digitalization, automation, and process simplification to enhance efficiency across the organization. Our EV charger subsidiary, Tirex, closed the year on a strong note, reflecting our continued efforts to strengthen the EV segment in line with our future vision. Our unwavering commitment to enhancing brand equity continues to drive our growth and strengthen our competitive edge. This year, we launched two major customer-centric campaigns that made a significant impact. We began the year with The Unstoppables, a powerful ad campaign that ran through December, followed by the recent launch of a 360-degree campaign for our flagship two wheeler engine oil, Gulf Pride. The relaunch features a bold new look and an enhanced formulation, brought to life by our long-time brand ambassador, MS Dhoni. The campaign celebrates the emotional bond between a rider and their motorcycle, deepening our brand promise and strengthening consumer engagement across all touchpoints. With a sharpened strategic focus, robust fundamentals, and a culture of innovation and excellence, we are poised to build on this unstoppable momentum and shape the next phase of Gulf Oil's growth journey with renewed confidence, a unified purpose and the unwavering commitment of our passionate team.” Manish Gangwal, CFO, Gulf Oil Lubricants India commented, “We concluded the year on historic highs, delivering record volume, revenue and EBITDA both for the quarter and full year, driven by disciplined fiscal management and focused strategic execution. Operating profit for the quarter stood at Rs 124.47 crore, growth of 8.20% over the same period last year with margin sequentially inching up to 13.60% inspite of the sharp adverse movements in INR from November'24 onwards. For full year, EBITDA growth was 12.09% to Rs 470.07 crore. Continued efforts on operational efficiency has enabled us to deliver improved profitability with growth of 17.58% during FY25. Committed to enhancing value for its shareholders, the Board has declared a final dividend of Rs 28.00 per equity share, 1,400% on FV of Rs 2 each, taking the total dividend for FY25 to Rs 48.00 per equity share with Interim dividend of Rs 20 per share i.e., 1,000% on FV of Rs 2 per share declared in Feb'25 As we move into FY26, we remain optimistic about the demand outlook, supported by favorable budget measures, including revised income tax slabs, increased infrastructure spending, and an improving macroeconomic environment. We continue to focus on leveraging the building blocks in place to drive industry-leading growth in lubricants and enhanced EV business delivery, while remaining watchful of the potential impact of uncertain global economic and geopolitical conditions.” Result PDF
Oil Marketing & Distribution company Gulf Oil Lubricants India announced Q3FY25 results Q3FY25 Revenues at Rs 904.88 crore, Up 10.72 % YoY. Q3FY25 EBITDA at Rs 122.20 crore, Up 10.03% YoY. Q3FY25 EBITDA Margin at 13.50%, Up 89 BPS sequentially. Q3FY25 PAT at Rs 98.17 crore, Up 21.59% YoY. Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India, said: “Despite macroeconomic headwinds, we at Gulf Oil focused on creating an agile environment and capitalize on the opportunities to swiftly navigate the evolving landscape. This led us to achieve our highest-ever quarterly volume and strong double-digit topline growth of 11% YoY, crossing Rs 900 crore in a quarter for the first time. Our brand-building mega campaign continued at the beginning of the quarter with “The Unstoppables”, a 360-degree campaign centered on the theme Har Kadam Berok. Featuring our three esteemed brand ambassadors, this creative fusion of Cinema and Sports together through a full-fledged movie release format, reinforced our brand's consumer-centric approach. Our strategic priorities remain focused on delivering consistent, profitable, volume-led growth in our core lubricants business, while also strengthening the EV Charging segment to become a growing contributor to the company's vision in the medium to long term. Looking ahead, we are optimistic about improving demand across B2B and B2C segments with some early signs of demand recovery to be further supported by uptick in Government capex and infrastructure activities in coming quarters. Our focus remains on strengthening our brand, enhancing customer experience, and empowering our people to drive sustainable growth and long-term success.” Manish Gangwal, CFO, Gulf Oil Lubricants India, said: “During the quarter, we continued to deliver a very healthy performance. Double-digit revenue growth of 11% YoY along with stable input costs enabled us to achieve our highest-ever quarterly EBITDA of Rs 122.20 crore. Our EBITDA-to-revenue stood at 13.50%, with a sequential improvement of 89 BPS, positioning us at the higher end of our guided range of 12-14%. Profitability registered significant 22% growth over nine-month period. This demonstrated our resilience and ability to deliver profitable growth even in challenging market conditions. Confident in our overall performance and robust cash flow generation, the Board has declared an Interim Dividend of Rs 20.00 per equity share, 1,000% on the Face Value of Rs 2 per share, aimed at maximizing shareholder returns. We are shaping a dynamic growth journey with our strategic theme UNLOCK 2.0 by accelerating growth in our core business with premiumization while spearheading transformation for long-term success and our future strategic vision.” Result PDF