{"id":242506,"date":"2026-09-11T09:18:10","date_gmt":"2026-09-11T03:48:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=242506"},"modified":"2026-09-11T09:18:10","modified_gmt":"2026-09-11T03:48:10","slug":"is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/","title":{"rendered":"Is Gandhar Oil Refinery India a Good Buy After Its Q1 FY27 Results?"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Gandhar Oil Refinery India share price around Rs 271. 10.5% below 52-week high of Rs 303. Q1 FY27 revenue Rs 1,735 crore, up 91.6% YoY. PAT Rs 206 crore, up 689.2%. PE 9x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Gandhar Oil Refinery India&#8217;s Q1 FY27 results were strong, with revenue at Rs 1,735 crore and PAT climbing 689% to Rs 206 crore. Note that the year-ago quarter&#8217;s profit base was unusually low, which inflates the headline growth rate. The stock trades at a PE of 9x against an industry average near 24x, which leaves room for a re-rating if this growth continues. The Gandhar Oil Refinery India share price near Rs 271 reflects that optimism, so investors weighing whether Gandhar Oil Refinery India is a good buy today should focus on whether this pace of growth can be sustained rather than just this quarter&#8217;s print.<\/p>\n<\/p><\/div>\n<p>The Gandhar Oil Refinery India share price has been under the spotlight this results season after the company reported its first-quarter numbers for FY27. Gandhar Oil Refinery India is a manufacturer of lubricants, white oils and petroleum specialty products, and its Q1 FY27 print, for the quarter ended June 30, 2026, gives investors a fresh data point to test whether the stock still deserves a place in a portfolio at current levels.<\/p>\n<p>Revenue for the quarter came in at Rs 1,735 crore, up 91.6% year on year, while profit after tax came in at Rs 206 crore, up 689.2% from a year earlier. That combination of numbers is exactly what this article breaks down, along with what it means for the Gandhar Oil Refinery India share price from here.<\/p>\n<p>This piece works through the quarter&#8217;s financial highlights, the business factors behind the numbers, where the Gandhar Oil Refinery India share price stands against its 52-week range and valuation multiples, and the key risks worth watching before treating this as a buy, hold or a stock to avoid for now.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=gandhar-oil-refinery-india_q1fy27\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Gandhar_Oil_Refinery_India_Q1_FY27_Financial_Highlights\" title=\"Gandhar Oil Refinery India Q1 FY27 Financial Highlights\">Gandhar Oil Refinery India Q1 FY27 Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Gandhar_Oil_Refinery_India_Q1_FY27_Performance_Analysis\" title=\"Gandhar Oil Refinery India Q1 FY27 Performance Analysis\">Gandhar Oil Refinery India Q1 FY27 Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Key_Business_Factors_in_Q1_FY27\" title=\"Key Business Factors in Q1 FY27\">Key Business Factors in Q1 FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Revenue_Trend\" title=\"Revenue Trend\">Revenue Trend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Margin_Movement\" title=\"Margin Movement\">Margin Movement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Balance_Sheet_Position\" title=\"Balance Sheet Position\">Balance Sheet Position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Valuation_Context\" title=\"Valuation Context\">Valuation Context<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Dividend_Details\" title=\"Dividend Details\">Dividend Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Gandhar_Oil_Refinery_India_Share_Price_Outlook_for_FY27\" title=\"Gandhar Oil Refinery India Share Price Outlook for FY27\">Gandhar Oil Refinery India Share Price Outlook for FY27<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Gandhar_Oil_Refinery_India_Stock_Performance\" title=\"Gandhar Oil Refinery India Stock Performance\">Gandhar Oil Refinery India Stock Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Sector_and_Demand_Risk\" title=\"Sector and Demand Risk\">Sector and Demand Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Execution_Risk\" title=\"Execution Risk\">Execution Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Frequently_Asked_Questions_on_Gandhar_Oil_Refinery_India_Q1_FY27_Results\" title=\"Frequently Asked Questions on Gandhar Oil Refinery India Q1 FY27 Results\">Frequently Asked Questions on Gandhar Oil Refinery India Q1 FY27 Results<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#What_were_Gandhar_Oil_Refinery_Indias_Q1_FY27_results\" title=\"What were Gandhar Oil Refinery India&#8217;s Q1 FY27 results?\">What were Gandhar Oil Refinery India&#8217;s Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Is_Gandhar_Oil_Refinery_India_a_good_buy_after_its_Q1_FY27_results\" title=\"Is Gandhar Oil Refinery India a good buy after its Q1 FY27 results?\">Is Gandhar Oil Refinery India a good buy after its Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#What_is_the_Gandhar_Oil_Refinery_India_share_price_today\" title=\"What is the Gandhar Oil Refinery India share price today?\">What is the Gandhar Oil Refinery India share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#What_is_Gandhar_Oil_Refinery_Indias_revenue_and_profit_for_Q1_FY27\" title=\"What is Gandhar Oil Refinery India&#8217;s revenue and profit for Q1 FY27?\">What is Gandhar Oil Refinery India&#8217;s revenue and profit for Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#Did_Gandhar_Oil_Refinery_India_declare_a_dividend_with_its_Q1_FY27_results\" title=\"Did Gandhar Oil Refinery India declare a dividend with its Q1 FY27 results?\">Did Gandhar Oil Refinery India declare a dividend with its Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#What_is_Gandhar_Oil_Refinery_Indias_PE_ratio_and_is_it_expensive\" title=\"What is Gandhar Oil Refinery India&#8217;s PE ratio and is it expensive?\">What is Gandhar Oil Refinery India&#8217;s PE ratio and is it expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#What_are_the_key_risks_for_Gandhar_Oil_Refinery_India_investors_right_now\" title=\"What are the key risks for Gandhar Oil Refinery India investors right now?\">What are the key risks for Gandhar Oil Refinery India investors right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results\/#What_is_Gandhar_Oil_Refinery_Indias_promoter_shareholding\" title=\"What is Gandhar Oil Refinery India&#8217;s promoter shareholding?\">What is Gandhar Oil Refinery India&#8217;s promoter shareholding?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Gandhar_Oil_Refinery_India_Q1_FY27_Financial_Highlights\"><\/span><strong>Gandhar Oil Refinery India Q1 FY27 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;\">\n<thead>\n<tr style=\"background:#F0F0F0;\">\n<th style=\"border:1px solid #BBBBBB;padding:8px;\">Metric<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:8px;\">Q1 FY27<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:8px;\">Q1 FY26<\/th>\n<th style=\"border:1px solid #BBBBBB;padding:8px;\">YoY Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Revenue<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 1,735 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 906 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">91.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">EBITDA<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 284 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 49 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">484.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Operating Margin<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.4%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.4%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">NA<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Profit Before Tax<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 264 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 32 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">730.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Net Profit \/ (Loss)<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 206 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Rs 26 crore<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">689.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Gandhar_Oil_Refinery_India_Q1_FY27_Performance_Analysis\"><\/span><strong>Gandhar Oil Refinery India Q1 FY27 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Gandhar Oil Refinery India Fundamentals on Univest Screener<\/strong><\/a><\/p>\n<p>Revenue growth of 91.6% for the quarter came from steady demand across the company&#8217;s core business, keeping the topline trend intact for the lubricant and specialty oil manufacturing sector.<\/p>\n<p>The bigger story is on profitability. PAT grew 689% to Rs 206 crore, comfortably ahead of revenue growth, which points to margin expansion or a favourable base effect. Worth flagging: the year-ago quarter&#8217;s profit base of Rs 26 crore was unusually low, so the percentage growth looks more dramatic than the underlying trend. This is the kind of quarter that supports the premium the Gandhar Oil Refinery India share price already commands, though investors should check whether the growth is repeatable or was helped by one-off factors.<\/p>\n<p>On a sequential basis, revenue moved up 58.1% sequentially from Rs 1,098 crore in the March 2026 quarter and net profit moved up 455.7% sequentially from Rs 37 crore in the prior quarter, giving a fuller picture of the trend behind the Gandhar Oil Refinery India share price than the year on year comparison alone.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_in_Q1_FY27\"><\/span><strong>Key Business Factors in Q1 FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Revenue_Trend\"><\/span><strong>Revenue Trend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Gandhar Oil Refinery India&#8217;s revenue grew 91.6% year on year this quarter, taking the quarterly base to Rs 1,735 crore in a lubricant and specialty oil manufacturing business that remains sensitive to demand and pricing cycles that ultimately feed through to the Gandhar Oil Refinery India share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margin_Movement\"><\/span><strong>Margin Movement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>EBITDA rose 484.5% to Rs 284 crore, and operating margin moved to 16.4% from 5.4% a year earlier, a sign that cost control or pricing held up during the quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_Position\"><\/span><strong>Balance Sheet Position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Gandhar Oil Refinery India carries a low debt-to-equity ratio of 0.07, giving it a conservative balance sheet heading into the rest of FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Context\"><\/span><strong>Valuation Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades at a PE of 9.1x, below the industry average of 24.0x, which is worth factoring into any read of whether the Gandhar Oil Refinery India share price is expensive or reasonably priced.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Details\"><\/span><strong>Dividend Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No interim dividend was declared alongside Gandhar Oil Refinery India&#8217;s Q1 FY27 results. The stock currently carries a trailing dividend yield of 0.28%, based on dividends paid over the last year. Investors tracking the Gandhar Oil Refinery India share price for income should watch the company&#8217;s announcements around its next annual results for any dividend decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gandhar_Oil_Refinery_India_Share_Price_Outlook_for_FY27\"><\/span><strong>Gandhar Oil Refinery India Share Price Outlook for FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Q1 FY27 print sets a reasonably high bar for the rest of the year. If Gandhar Oil Refinery India can sustain this pace of revenue and profit growth, the current valuation gets easier to justify. The main swing factor is whether this quarter&#8217;s momentum reflects a durable trend or a favourable one-off, something the next two quarters should clarify.<\/p>\n<p>For the Gandhar Oil Refinery India share price to hold its current premium through FY27, the company will likely need to keep posting growth at or near this quarter&#8217;s pace, since any slowdown would put pressure on a stock priced for continued strength.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gandhar_Oil_Refinery_India_Stock_Performance\"><\/span><strong>Gandhar Oil Refinery India Stock Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Gandhar Oil Refinery India&#8217;s live share price and get daily stock updates.<\/em><\/p>\n<p>The Gandhar Oil Refinery India share price was trading around Rs 271 as results season played out in late August 2026, roughly 10.5% below its 52-week high of Rs 303 and well above its 52-week low of Rs 115.<\/p>\n<p>The Gandhar Oil Refinery India share price has room to re-rate further if the growth shown this quarter continues, though much of the good news may already be reflected in the stock near current levels. On profitability ratios, the company reports a return on equity of 10.64% and a book value of around Rs 133 per share, both useful reference points when judging whether the current price is reasonable.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Sector_and_Demand_Risk\"><\/span><strong>Sector and Demand Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a lubricant and specialty oil manufacturing business, Gandhar Oil Refinery India&#8217;s results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Gandhar Oil Refinery India share price well before the next result.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Execution_Risk\"><\/span><strong>Execution Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Sustaining this quarter&#8217;s trend into the rest of FY27 depends on management execution on costs, pricing and demand, none of which are guaranteed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gandhar Oil Refinery India&#8217;s Q1 FY27 results were genuinely strong, with revenue at Rs 1,735 crore and PAT up 689% to Rs 206 crore. That said, at a PE of 9.1x, the Gandhar Oil Refinery India share price is not inexpensive, so this looks like a quality business trading at a full price rather than a bargain. Existing investors have little to worry about from this print, while new investors asking whether Gandhar Oil Refinery India is a good buy should weigh the strong quarter against the valuation before adding at current levels.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Gandhar_Oil_Refinery_India_Q1_FY27_Results\"><\/span><strong>Frequently Asked Questions on Gandhar Oil Refinery India Q1 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Gandhar_Oil_Refinery_Indias_Q1_FY27_results\"><\/span><strong>What were Gandhar Oil Refinery India&#8217;s Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gandhar Oil Refinery India reported Q1 FY27 revenue of Rs 1,735 crore, up 91.6% year on year, and PAT of Rs 206 crore, up 689.2% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Gandhar_Oil_Refinery_India_a_good_buy_after_its_Q1_FY27_results\"><\/span><strong>Is Gandhar Oil Refinery India a good buy after its Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gandhar Oil Refinery India&#8217;s core numbers improved this quarter, though at a PE of 9.1x the stock is not inexpensive, so this suits investors comfortable paying up for quality. Investors should form their own view based on their own risk appetite and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Gandhar_Oil_Refinery_India_share_price_today\"><\/span><strong>What is the Gandhar Oil Refinery India share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Gandhar Oil Refinery India share price was trading around Rs 271 in late August 2026, about 10.5% below its 52-week high of Rs 303 and well above its 52-week low of Rs 115.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Gandhar_Oil_Refinery_Indias_revenue_and_profit_for_Q1_FY27\"><\/span><strong>What is Gandhar Oil Refinery India&#8217;s revenue and profit for Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gandhar Oil Refinery India reported revenue of Rs 1,735 crore and a net profit of Rs 206 crore for the quarter ended June 30, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_Gandhar_Oil_Refinery_India_declare_a_dividend_with_its_Q1_FY27_results\"><\/span><strong>Did Gandhar Oil Refinery India declare a dividend with its Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No interim dividend was declared alongside Gandhar Oil Refinery India&#8217;s Q1 FY27 results. Investors should track the company&#8217;s next annual results for any dividend announcement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Gandhar_Oil_Refinery_Indias_PE_ratio_and_is_it_expensive\"><\/span><strong>What is Gandhar Oil Refinery India&#8217;s PE ratio and is it expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Gandhar Oil Refinery India share price trades at a trailing PE of 9.1x, against an industry average of 24.0x. Investors should compare this with the company&#8217;s growth rate before judging value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_for_Gandhar_Oil_Refinery_India_investors_right_now\"><\/span><strong>What are the key risks for Gandhar Oil Refinery India investors right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As a lubricant and specialty oil manufacturing business, Gandhar Oil Refinery India&#8217;s results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Gandhar Oil Refinery India share price well before the next result. Sustaining this quarter&#8217;s trend into the rest of FY27 depends on management execution on costs, pricing and demand, none of which are guaranteed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Gandhar_Oil_Refinery_Indias_promoter_shareholding\"><\/span><strong>What is Gandhar Oil Refinery India&#8217;s promoter shareholding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoter shareholding data for Gandhar Oil Refinery India was not fully available for this quarter and should be checked on the company&#8217;s official filings.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What were Gandhar Oil Refinery India's Q1 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gandhar Oil Refinery India reported Q1 FY27 revenue of Rs 1,735 crore, up 91.6% year on year, and PAT of Rs 206 crore, up 689.2% year on year.\"}},{\"@type\":\"Question\",\"name\":\"Is Gandhar Oil Refinery India a good buy after its Q1 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gandhar Oil Refinery India's core numbers improved this quarter, though at a PE of 9.1x the stock is not inexpensive, so this suits investors comfortable paying up for quality. 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Full results breakdown and whether the stock is a buy at current levels.<\/p>\n","protected":false},"author":29,"featured_media":242504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-242506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["242504"],"rank_math_title":["Gandhar Oil Refinery India: Good Buy After Q1 FY27 Results?"],"rank_math_description":["Gandhar Oil Refinery India Q1 FY27 results: PAT up 689% (low base) to Rs 206 crore, revenue at Rs 1,735 crore. Full results breakdown and valuation check inside."],"rank_math_focus_keyword":["Gandhar Oil Refinery India share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/is-gandhar-oil-refinery-india-a-good-buy-after-q1-fy27-results.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/242506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=242506"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/242506\/revisions"}],"predecessor-version":[{"id":242507,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/242506\/revisions\/242507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/242504"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=242506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=242506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=242506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}