Gandhar Oil Refinery (India) balance sheet

As of Sep 2026

Total assets: ₹2,942cr+33.9% on Sep 2025
Shareholders' equity: ₹1,771cr+31.8% on Sep 2025
Total debt: ₹84.6cr−56.3% on Sep 2025
Cash and investments: ₹41.6cr+44.6% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024

Non-current assets
	376	374	338	298
	40.2	29.0	7.7	8.6
	7.9	0.8	0.8	0.8
	0.3	0.3	0.3	0.3
	0.8	0.9	0.9	1.1
	6.5	3.2	0.3	0.2
	0.2	0.2	0.2	0.3
	7.0	17.9	9.8	15.2
	13.6	21.4	10.4	15.8
	121	126	112	63.4
	559	552	470	388
Current assets
	737	644	463	448
	1,339	721	670	623
	41.6	28.2	50.6	71.4
	93.0	104	102	205
	0.2	0.3	4.9	4.8
	15.3	16.8	13.7	20.2
	1,489	870	841	925
	156	159	178	176
	2,382	1,673	1,489	1,552
	2,942	2,225	1,959	1,940
Equity
	19.6	19.6	19.6	19.6
	1,680	1,333	1,217	1,153
	1,699	1,352	1,236	1,172
	71.4	47.2	52.8	51.4
	1,771	1,400	1,289	1,224
Liabilities
	31.8	31.3	28.4	31.0
	140	141	118	63.0
	172	172	147	94.0
	7.2	6.5	6.0	4.2
	11.5	6.3	5.8	2.0
	190	185	158	100
	52.8	137	153	172
	716	437	315	372
	110	31.9	22.8	42.2
	879	606	491	587
	0.4	0.5	0.4	1.0
	62.7	1.5	0.0	0.0
	38.2	32.4	20.7	28.6
	981	641	512	616
	1,171	826	670	716
	2,942	2,225	1,959	1,940
Assets — additional as-filed lines
	0.0	0.0	7.0	3.0
Trade payables — MSME split
	16.8	10.9	3.6	—
	699	426	311	—

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

GANDHAR₹260.65

Gandhar Oil Refinery (India) Limited

· Energy & Power

₹ CrorePeersVEEDOL PANAMAPET SOTL GULFOILLUBMcap ₹2,552 Cr

View

In ₹ Crore except Per Share As of	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	297.9	337.7	373.8	375.8
+ Capital Work-in-Progress	8.6	7.7	29.0	40.2
+ Investment Property	0.8	0.8	0.8	7.9
+ Goodwill	0.3	0.3	0.3	0.3
+ Other Intangibles	1.1	0.9	0.9	0.8
+ Non-current Investments	0.2	0.3	3.2	6.5
+ Long-term Loans	0.3	0.2	0.2	0.2
+ Other Non-current Financial Assets	15.2	9.8	17.9	7.0
Non-current Financial Assets	15.8	10.4	21.4	13.6
+ Other Non-current Assets	63.4	111.8	126.0	120.7
Total Non-current Assets	387.9	469.6	552.2	559.3
Current Assets
+ Inventories	447.7	462.7	644.3	736.8
+ Trade Receivables	623.3	670.4	720.9	1,339.0
+ Cash & Cash Equivalents	71.4	50.6	28.2	41.6
+ Other Bank Balances	205.3	101.8	103.5	93.0
+ Short-term Loans	4.8	4.9	0.3	0.2
+ Other Current Financial Assets	20.2	13.7	16.8	15.3
Current Financial Assets	925.0	841.3	869.6	1,489.0
+ Other Current Assets	176.3	178.5	159.1	156.5
Total Current Assets	1,552.1	1,489.5	1,673.0	2,382.3
Total Assets	1,940.0	1,959.1	2,225.2	2,941.6
Equity
+ Equity Share Capital	19.6	19.6	19.6	19.6
+ Other Equity / Reserves	1,152.6	1,216.5	1,332.8	1,679.7
Equity — Owners of Parent	1,172.2	1,236.1	1,352.4	1,699.3
+ Minority Interest	51.4	52.8	47.2	71.4
Total Equity	1,223.6	1,288.9	1,399.6	1,770.6
Liabilities
+ Borrowings — Non-current	31.0	28.4	31.3	31.8
+ Other Non-current Financial Liab	63.0	118.2	141.0	139.8
Non-current Financial Liabilities	94.0	146.6	172.3	171.6
+ Provisions — Non-current	4.2	6.0	6.5	7.2
+ Deferred Tax Liabilities	2.0	5.8	6.3	11.5
Non-current Liabilities	100.3	158.3	185.0	190.3
+ Borrowings — Current	172.1	153.2	137.2	52.8
+ Trade Payables	372.2	314.7	437.2	716.1
+ Other Current Financial Liab	42.2	22.8	31.9	110.3
Current Financial Liabilities	586.5	490.8	606.3	879.3
+ Provisions — Current	1.0	0.4	0.5	0.4
+ Current Tax Liabilities	0.0	0.0	1.5	62.7
+ Other Current Liabilities	28.6	20.7	32.4	38.2
Current Liabilities	616.1	511.9	640.6	980.6
Total Liabilities	716.4	670.2	825.6	1,171.0
Total Equity & Liabilities	1,940.0	1,959.1	2,225.2	2,941.6
Assets — additional as-filed lines
+ Current Tax Assets	3.0	7.0	0.0	0.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	3.6	10.9	16.8
+ Dues to Other Creditors — Current	—	311.1	426.3	699.3

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.