Gandhar Oil Refinery Q2 FY27 Earnings Call Transcript Released
Gandhar Oil Refinery released its Q2 FY27 earnings call transcript. The company reported its highest ever quarterly revenue and strong profit growth, with H1 FY27 profit nearly 3x FY26 full-year profit. Consolidated revenue for Q2 FY27 was ₹1,847 crore (up 73% YoY), and PAT was ₹186 crore (up 368% YoY). The company maintained strong gross margins and navigated geopolitical challenges.
The release of an earnings call transcript, especially one detailing record revenues and substantial profit growth, is a material event for investors and analysts, impacting stock valuation and investor sentiment.
The announcement details strong financial performance with record revenues and significant profit growth, alongside positive outlooks and reaffirmation of credit ratings, indicating a favorable development for the company.
Gandhar Oil Refinery (India) Limited has released the transcript of its earnings call held on October 28, 2026, to discuss the Unaudited (Standalone and Consolidated) Financial Results for the quarter and half year ended September 30, 2026 (Q2 FY 2026-27).
During the call, the management highlighted strong performance, achieving their highest ever quarterly revenue and maintaining elevated gross margin spreads for the second consecutive quarter. Profit for the first half of FY27 was noted to be nearly three times the profit for the entire FY26. The company navigated challenging operating conditions, including tensions in West Asia and disruptions to global shipping routes, by leveraging long-standing supplier relationships and multiple sourcing options.
Segment-wise performance showed steady demand from healthcare and pharmaceutical sectors within the PHPO segment, despite a slight volume decline due to competition from smaller brands. The PIO segment delivered strong volume growth of 23% year-on-year, driven by demand from the transformer, power, and rubber industries. The lubricant business saw stable volumes year-on-year with a sequential improvement.
Consolidated revenue for Q2 FY27 stood at ₹1,847 crores, a 73% increase year-on-year. Gross profit was ₹388 crores with a gross margin of 21%, and EBITDA grew approximately 337% year-on-year to ₹288 crores. Profit after tax (PAT) was ₹186 crores, a 368% increase year-on-year. For H1 FY27, revenue was ₹3,579 crores, up 82% year-on-year, with PAT at ₹392 crores.
The company's installed capacity stands at 838,637 kiloliters. CRISIL reaffirmed its long-term rating at A+/Stable and short-term rating at A1, with rated bank facilities enhanced to ₹1,014 crores. The standalone company remains debt-free, and consolidated borrowings reduced to ₹85 crores as of September 30, 2026.
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Gandhar Oil Refinery (India) Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Gandhar Oil Refinery (India) Limited. Read the original for the full detail.