Gulf Oil Lubricants India Limited — Investor Meet, 20-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Gulf Oil Lubricants India achieved record quarterly volume, revenue, and EBITDA in Q1FY26. Core lubricant volumes grew 11% to 41,000 KL, with consolidated revenue crossing ₹1,000 crore. EBITDA stood at 12.7%, within the guided range. Strong double-digit growth was seen in B2C (motorcycle oil) and B2B segments. The EV charger subsidiary, Tirex, grew 163% to ₹24 crore and turned EBITDA positive. The company plans a ₹55 crore capacity expansion to 240 million by March 2027, aiming for 2-3x industry growth while maintaining 12-14% margins. The focus is on market share gains and distribution expansion.