Tipsheet
What matters at India’s listed companies
Notes / Sector

Lubricants

16 recent notes from companies in this sector. 8 companies tracked.

Anchor companies · by market cap
Recent activity
Mon · 06 Jul
5
Lubricants

Panama Petrochem buys Mumbai office space for ₹41.59 crore

The lubricant maker acquires four units in Khar West for office use. At 1.6% of market cap, the outlay is modest and non-strategic.

PANAMAPET Small cap 1:43 PM
5
Lubricants

Panama Petrochem fires up new Ambernath units

The new petroleum speciality products plant is now operational, following a factory licence granted last month. No capacity or revenue guidance provided yet.

PANAMAPET Small cap 12:16 PM
Thu · 02 Jul
5
Lubricants

GP Petroleums loses operations VP months after elevation

Ashish Garg resigns citing personal reasons; his quick exit adds to management churn at the lubricant maker.

GULFPETRO Micro cap 6:24 PM
5
Regulatory · Lubricants

Panama Petrochem gets nod to start production at new Ambernath unit

The factory licence from the Directorate of Industries Safety & Health allows the company to produce petroleum specialty products at Lodha Industrial Park, valid until 29 June 2035. No immediate monetary impact.

PANAMAPET Small cap 1:19 PM
Mon · 29 Jun
5
Lubricants

Castrol, Tata Motors pilot used-oil circularity in Karnataka

Non-binding MoU covers used-engine-oil collection at Tata service centres. No financial terms or timeline disclosed for full-scale rollout.

CASTROLIND Mid cap 11:26 AM
Mon · 15 Jun
6
M&A · Trading

Maximus International board to mull stake in lubricants peer

The nano-cap lubricant maker will meet June 19 to consider acquiring a stake in another manufacturer. No target or deal value disclosed. The move could shift its growth strategy from organic to inorganic.

MAXIMUS Micro cap 2:00 PM
Thu · 11 Jun
6
Lubricants

Arabian Petroleum lands first ONGC contract, but margins halved in FY26

The lubricant maker grew revenue 32% to ₹375 cr, but EBITDA margins compressed from 6% to 4% due to commodity inflation and a strategic inventory build.

ARABIAN Micro cap 5:23 PM
Tue · 02 Jun
5
Earnings · Lubricants

Gandhar Oil files Q4 transcript. It adds nothing.

A routine compliance filing. The transcript contains no new information beyond the live Q4 FY26 earnings call summary already in the market.

GANDHAR Small cap 6:01 PM
5
Earnings · Lubricants

Gulf Oil's two-week price lag kept margins safe as crude hit $120

The lubricant maker passed on cost increases to customers within weeks, not months. That speed protected its 12-14% EBITDA margin even as volumes surged to a record.

GULFOILLUB Mid cap 5:11 PM
Wed · 27 May
5
Lubricants

Savita Oil Technologies to fill board vacancy after Vishal Sood's death

The company is holding a board meeting to consider appointing a new director to replace the late head of its lubricants division.

SOTL Small cap 12:14 PM
6
Lubricants

Gandhar Oil hits 126% capacity, forcing a U-turn on capex plans

Management is abandoning its pause on spending to fund a new Taloja expansion after reporting a 64% jump in annual profit.

GANDHAR Small cap 12:14 PM
Tue · 26 May
6
Earnings · Lubricants

Gandhar Oil profit jumps 201% in Q4 as margins widen

A focus on higher-margin products helped Gandhar Oil lift quarterly profit to ₹37 crore, capping a year where net earnings grew 64%.

GANDHAR Small cap 10:11 PM
6
Earnings · Lubricants

Gandhar Oil profit jumps 71% as board greenlights South Africa expansion

The refiner reported a standalone profit before tax of ₹180.93 crore for FY26, alongside plans for a ₹50 crore investment in a new South African subsidiary.

GANDHAR Small cap 7:25 PM
Wed · 20 May
6
Earnings · Lubricants

Veedol's MD exit accelerated; former MD returns June 1

Arijit Basu leaves three months early; Rajendra Nath Ghosal takes over from June 1. FY26 PAT up 8.2% to ₹135.16 crore, revenue flat at ₹1,546.96 crore.

VEEDOL Small cap 10:37 PM
6
Earnings · Lubricants

Veedol's MD exits 5 months early; ex-boss returns

Arijit Basu's resignation accelerated to May 31, 2026, with Rajendra Nath Ghosal taking over from June 1. Meanwhile, FY26 results show modest growth and a generous dividend.

VEEDOL Small cap 10:27 PM
6
Earnings · Lubricants

Veedol accelerates MD exit, names Ghosal as successor

Modest annual results overshadowed by management shuffle: MD Basu exits May 2026, former MD Ghosal returns. Board also recommends 1100% dividend.

VEEDOL Small cap 10:21 PM