Gulf Oil Lubricants India balance sheet

As of Sep 2026

Total assets: ₹3,697cr+26.8% on Sep 2025
Shareholders' equity: ₹1,683cr−1.9% on Sep 2025
Total debt: ₹774cr+64.9% on Sep 2025
Cash and investments: ₹1,269cr+16.0% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	340	315	284	254	275
	16.8	7.5	1.9	9.2	3.1
	27.7	27.7	27.7	27.7	0.0
	83.5	73.7	77.7	85.6	2.8
	13.1	24.7	17.3	5.4	0.0
	14.4	14.5	14.5	14.3	14.5
	36.5	36.5	74.3	76.4	73.8
	0.5	0.6	1.0	1.6	1.8
	10.2	8.5	4.3	7.7	7.1
	47.2	45.6	79.6	85.7	82.8
	9.3	6.7	0.1	0.2	0.0
	21.9	26.8	22.5	17.4	24.7
	573	542	525	500	403
	864	595	507	494	472
	743	535	494	502	410
	1,269	1,136	1,026	703	650
	28.3	21.4	24.5	54.1	3.9
	0.6	0.5	0.4	0.4	0.3
	5.1	11.9	8.1	2.0	0.3
	2,046	1,704	1,553	1,261	1,065
	213	174	171	145	125
	3,123	2,473	2,232	1,909	1,669
	3,697	3,015	2,758	2,409	2,072
Equity
	9.9	9.9	9.9	9.8	9.8
	1,629	1,526	1,452	1,285	1,169
	1,639	1,536	1,462	1,295	1,178
	44.1	47.3	69.5	71.9	0.0
	1,683	1,584	1,531	1,367	1,178
Liabilities
	26.2	24.5	0.0	0.0	0.0
	52.1	31.7	26.6	16.4	23.9
	78.2	56.2	26.6	16.4	23.9
	25.0	24.5	0.0	0.0	0.0
	15.3	16.4	30.4	36.8	19.0
	0.0	0.0	7.3	6.1	4.2
	119	97.2	64.6	59.9	47.9
	748	490	422	333	332
	834	658	559	497	41.1
	59.9	52.7	55.5	44.4	391
	1,642	1,201	1,036	874	763
	8.1	8.4	0.0	0.0	0.0
	32.5	10.8	8.3	12.1	5.4
	213	114	117	95.5	76.2
	1,895	1,334	1,162	982	845
	2,014	1,431	1,227	1,042	893
	3,697	3,015	2,758	2,409	2,072
Assets — additional as-filed lines
	0.0	—	0.0	7.6	7.9
Liabilities — additional as-filed lines
	0.2	0.2	0.2	0.2	0.2
	0.0	0.1	0.3	0.5	0.7
Trade payables — MSME split
	44.6	39.7	26.4	—	—
	790	618	533	—	—

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

alphave

GULFOILLUB₹1,063.30

Gulf Oil Lubricants India Limited

· Energy & Power

₹ CrorePeersSOTL PANAMAPET VEEDOL GANDHARMcap ₹5,253 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	274.7	254.4	284.2	315.1	339.7
+ Capital Work-in-Progress	3.1	9.2	1.9	7.5	16.8
+ Goodwill	0.0	27.7	27.7	27.7	27.7
+ Other Intangibles	2.8	85.6	77.7	73.7	83.5
+ Intangibles under Development	0.0	5.4	17.3	24.7	13.1
+ Investments (Equity Method)	14.5	14.3	14.5	14.5	14.4
+ Non-current Investments	73.8	76.4	74.3	36.5	36.5
+ Long-term Loans	1.8	1.6	1.0	0.6	0.5
+ Other Non-current Financial Assets	7.1	7.7	4.3	8.5	10.2
Non-current Financial Assets	82.8	85.7	79.6	45.6	47.2
+ Deferred Tax Assets	0.0	0.2	0.1	6.7	9.3
+ Other Non-current Assets	24.7	17.4	22.5	26.8	21.9
Total Non-current Assets	402.5	499.9	525.5	542.1	573.5
Current Assets
+ Inventories	471.7	494.3	507.5	594.7	864.1
+ Trade Receivables	410.0	501.8	494.3	534.8	743.2
+ Cash & Cash Equivalents	650.4	703.2	1,026.1	1,135.9	1,268.6
+ Other Bank Balances	3.9	54.1	24.5	21.4	28.3
+ Short-term Loans	0.3	0.4	0.4	0.5	0.6
+ Other Current Financial Assets	0.3	2.0	8.1	11.9	5.1
Current Financial Assets	1,064.8	1,261.5	1,553.4	1,704.5	2,045.7
+ Other Current Assets	124.6	145.4	171.4	173.7	213.3
Total Current Assets	1,669.0	1,908.8	2,232.3	2,472.8	3,123.2
Total Assets	2,071.6	2,408.6	2,757.7	3,015.0	3,696.7
Equity
+ Equity Share Capital	9.8	9.8	9.9	9.9	9.9
+ Other Equity / Reserves	1,168.6	1,284.8	1,451.9	1,526.4	1,628.9
Equity — Owners of Parent	1,178.4	1,294.6	1,461.7	1,536.3	1,638.8
+ Minority Interest	0.0	71.9	69.5	47.3	44.1
Total Equity	1,178.4	1,366.5	1,531.2	1,583.6	1,682.9
Liabilities
+ Borrowings — Non-current	0.0	0.0	0.0	24.5	26.2
+ Other Non-current Financial Liab	23.9	16.4	26.6	31.7	52.1
Non-current Financial Liabilities	23.9	16.4	26.6	56.2	78.2
+ Provisions — Non-current	0.0	0.0	0.0	24.5	25.0
+ Deferred Tax Liabilities	19.0	36.8	30.4	16.4	15.3
+ Other Non-current Liabilities	4.2	6.1	7.3	0.0	0.0
Non-current Liabilities	47.9	59.9	64.6	97.2	118.6
+ Borrowings — Current	331.6	333.1	421.6	489.9	747.5
+ Trade Payables	41.1	497.0	559.2	658.2	834.5
+ Other Current Financial Liab	390.6	44.4	55.5	52.7	59.9
Current Financial Liabilities	763.4	874.5	1,036.3	1,200.8	1,641.9
+ Provisions — Current	0.0	0.0	0.0	8.4	8.1
+ Current Tax Liabilities	5.4	12.1	8.3	10.8	32.5
+ Other Current Liabilities	76.2	95.5	117.1	113.9	212.5
Current Liabilities	845.2	982.3	1,161.9	1,334.1	1,895.2
Total Liabilities	893.1	1,042.1	1,226.5	1,431.3	2,013.8
Total Equity & Liabilities	2,071.6	2,408.6	2,757.7	3,015.0	3,696.7
Assets — additional as-filed lines
+ Current Tax Assets	7.9	7.6	0.0	—	0.0
Liabilities — additional as-filed lines
+ Deferred Government Grants — Current	0.2	0.2	0.2	0.2	0.2
+ Deferred Government Grants — Non-current	0.7	0.5	0.3	0.1	0.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	26.4	39.7	44.6
+ Dues to Other Creditors — Current	—	—	532.7	618.5	789.9

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.

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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%.