Gulf Oil Lubricants India Limited has released the transcript for its Q4 FY26 Earnings Conference Call, held on May 28, 2026. The call detailed the company’s strong performance for the quarter and fiscal year ended March 31, 2026, highlighting record highs in volumes, revenues, and EBITDA. Key discussions included growth strategies, EV investments, and market dynamics.
Gulf Oil Lubricants India Limited: Q4 FY26 Earnings Conference Call Transcript Released
Gulf Oil Lubricants India Limited has officially released the transcript for its Q4 FY26 Earnings Conference Call. The call, which took place on Thursday, May 28, 2026, provided a comprehensive overview of the company’s Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026.
Record Financial Performance Highlighted
During the call, management reported a record quarter for the company, achieving all-time highs in volumes, revenues, and EBITDA. Ravi Chawla, Managing Director and CEO, stated that the company achieved a 14% growth in lubricant volumes, significantly outperforming the industry. Revenue also saw a comparable 14% growth. The company also reported strong results in its growing mobility segment, with investments in its EV subsidiary, Tirex, showing significant momentum. Passenger Car Motor Oils, Commercial Vehicles, and the Agriculture segment all delivered double-digit growth.
Full Year Achievements and Strategic Focus
For the full fiscal year FY26, total lubricant volumes reached 1,68,000 KL, marking a double-digit growth. AdBlue volumes were 1,51,000 KL, also showing an 8% growth. Consolidated revenues surpassed INR 4,000 crores, and EBITDA for the year reached a record INR 510 crores (stand-alone) and INR 514 crores (consolidated). The Board recommended a highest-ever dividend of INR 51 per share for the full year. The company’s strategy for FY2026-27, termed ‘Unlock 2.0,’ focuses on accelerating premiumization, digital initiatives, and expanding the EV mobility infrastructure space.
Key Segments and Future Outlook
The company emphasized its strong position in OEM franchisee workshops and the continued growth in its B2B industrial segment. Discussions also touched upon the performance of its EV mobility subsidiary, Tirex, which crossed the INR 100 crores milestone in revenue. The firm is investing in both AC and DC chargers suitable for all types of electric vehicles and is expanding its new plant, expected to be operational in Q3 of the current year.
Management reiterated a focus on margin management, aiming to protect the 12%-14% margin band amidst volatile market conditions. The company is also strategically investing in its brand strength and expanding distribution. Future growth is expected to be driven by strengthening its position in key segments, increasing market share in areas where it is currently below 5%, and further developing its e-mobility offerings. The company also highlighted its commitment to supply chain security amidst geopolitical and economic uncertainties.
Source: BSE
