Gandhar Oil Refinery (India) Limited (GANDHAR) Earnings Call Transcripts

Gandhar Oil Refinery (India) Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Gandhar Oil Refinery reported consolidated revenue of INR 1,093 crores, reflecting a 14% year-on-year increase, while full-year revenue reached INR 4,241 crores, a 10% growth from FY '25. The company achieved a profit after tax of INR 37 crores for the quarter, significantly up from INR 12 crores in Q4 FY '25. Management highlighted the resilience of demand despite geopolitical tensions and input cost volatility, maintaining a positive outlook on cash flow generation and operational efficiency, which could support future growth and stock performance.

Reported metrics

Guidance from management

Management remains optimistic about future growth, citing stable domestic demand and potential favorable trade arrangements, while acknowledging geopolitical uncertainties. They aim to maintain operational discipline and enhance product mix.

What management said

Sorry, transformer oil prices have increased in the past quarter. I mean, can you be specific on the question? Meet, can you repeat your question? I mean it's not clear, what you exactly trying to question?

So on a consolidated basis of all the products taken together, we have closed this year at INR 76,526 per kL. This includes all the products on the specific movement of transformer oil prices quarter-to-quarter, we'll get back to you.

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical tensions on supply chains and pricing, particularly regarding sourcing from the Middle East. There were also questions about the sustainability of improved margins and cash flow amid ongoing volatility in input costs.

Main topics on the call

• Revenue Growth — Gandhar Oil reported consolidated revenue of INR 1,093 crores for Q4 FY '26, up 14% year-on-year. Full-year revenue was INR 4,241 crores, reflecting a 10% increase over the previous year, driven by stable demand across k...
• Improved Profitability — Profit after tax for Q4 FY '26 was INR 37 crores, compared to INR 12 crores in Q4 FY '25. This improvement underscores the company's operational efficiency amidst rising input costs.
• Cash Flow Generation — The company reported cash flow from operations of INR 127.77 crores, a significant increase from INR 14.71 crores in the previous year, indicating improved operational efficiency and working capital management.
• Geopolitical Challenges — Management acknowledged ongoing geopolitical tensions affecting crude oil supply and pricing, particularly in the Strait of Hormuz, but emphasized their diversified sourcing strategy to mitigate risks.

Read the full Gandhar Oil Refinery (India) Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 2 Gandhar Oil Refinery (India) Limited earnings call transcripts on record, spanning May 27, 2026 to July 23, 2026. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GANDHAR

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Chemicals

Calls on record

2

First call

May 27, 2026

Most recent

July 23, 2026