Bigul

Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

In compliance with Regulation 30, 46 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the audio recording of the earnings conference call with Analysts/ Investors held on Monday, 23rd May 2022, has been uploaded on the website of the Company within the stipulated timelines and the same can be accessed on the following link: https://www.gulfoilindia.com/investors/financials/transcription-of-conference-call/. Kindly take the same on record.
23-05-2022
Bigul

Q4FY22 Quarterly Result Announced for Gulf Oil Lubricants India Ltd.

Gulf Oil Lubricants India declares Q4FY22 result: Gulf Oil delivers highest ever quarterly Volume, Revenues, EBITDA and PBT in Q4. Gulf Oil Q4 EBITDA grows 14.1% YoY, 15.7% QoQ. EBITDA Margins improve sequentially. Gulf Oil ends year on a high note. Full Year Volumes grow double digit. Full year Revenues grow 32.6% and EBITDA at 7.7% inspite of multiple external challenges all through the year Q4 Revenues at Rs. 638.93 crores, a growth 23.5 % YoY Q4 EBITDA at Rs. 89.09 Crores, Up 14.1% YoY & 15.7% QoQ for Q4. Full Year Revenues at Rs. 2,191.64 crores, a growth 32.6 % YoY Full Year EBITDA at Rs. 285.49 crores, grows 7.7% YoY Dividend recommended by the Board of Rs. 5.00 per equity share (i.e. 250% on FV of Rs. 2 each). Commenting on the performance, Mr. Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India Ltd., said, “I am delighted by the all-round performance in Quarter 4 by the team to deliver highest quarter on all parameters like Volumes, revenues, EBITDA and PBT. This performance in the given environment of significant external challenges in the form of rising input costs, supply chain disturbances and unabated inflationary cycle, speaks well of the strength of our robust business model and strategies, our brand equity and determination of our team. Our focus will continue to be profitable volume growth and rebooting initiatives on the ground as normalcy is visible on covid front with free movement of goods and people. As a Company, we will also be focusing a lot more on improved customer satisfaction creating more value and by bringing in lot of digitization, customer connect, enhanced supply chain capabilities to bring more width and depth in product availability by driving distribution further. We are also seeing improved demand pick up, including in rural, which gives visibility of continued growth momentum. Despite inflation mainly linked to recent crude related spikes, causing short term pressures, the Company has the ability and is taking timely price interventions to manage margins. Due to the continuously upward trend in input cost, margin management will continue remain key focus area. During Q4, the Company acquired 26% stake in a SaaS Company (M/s. Techperspect Software Private Limited) by brand name ElectreeFi in EV space, its 2nd foray after it invested in a UK based EV 4W charger manufacturing company, ( M/s. Indra Renewable Technologies Limited) during FY-20-21. ElectreeFi is working extensively in providing software and IoT based solutions to EV charging, battery swapping and related areas. We will continue to look at the evolving space in EV and look for synergistic areas where Gulf can play a meaningful role and create differentiation in the ecosystem on the strengths of our brand, distribution reach and OEM relationships.” Result PDF
23-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We enclose herewith Media Release issued by the Company in respect of the Annual Audited Financial Results of the Company for the fourth quarter and financial year ended 31st March 2022. Kindly take the same on record.
21-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Corporate Action-Board approves Dividend

We inform you that the Board of Directors of Gulf Oil Lubricants India Limited (the Company) at their meeting held today viz. Saturday, May 21, 2022 which commenced at 02.00 p.m. and concluded at 06.30 p.m. has inter-alia, approved the following: Recommendation of dividend of Rs. 5/- per equity share of Rs. 2 each (250%) for the financial year 2021-22. The Dividend, if approved by the members at the ensuing Annual General Meeting (AGM), will be paid/dispatched (subject to deduction of tax at source) after the AGM and within 30 days of its declaration. The book closure date will be intimated separately. Kindly take the same on record.
21-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Board Meeting Outcome for Outcome Of The Board Meeting Held On May 21, 2022

We inform you that the Board of Directors of Gulf Oil Lubricants India Limited (the Company) at their meeting held today viz. Saturday, May 21, 2022 which commenced at 02.00 p.m. and concluded at 06.30 p.m. has inter-alia, approved the following: a. Annual Audited Standalone and Consolidated Financial Results of the Company for the fourth quarter and financial year ended 31st March 2022 (enclosed) b. Recommendation of dividend of Rs. 5/- per equity share of Rs. 2 each (250%) for the financial year 2021-22. The Dividend, if approved by the members at the ensuing Annual General Meeting (AGM), will be paid/dispatched (subject to deduction of tax at source) after the AGM and within 30 days of its declaration. Kindly take the same on record.
21-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Results- Financial Results For March 31, 2022

We inform you that the Board of Directors of Gulf Oil Lubricants India Limited (the Company) at their meeting held today viz. Saturday, May 21, 2022 which commenced at 02.00 p.m. and concluded at 06.30 p.m. has inter-alia, approved the following: a. Annual Audited Standalone and Consolidated Financial Results of the Company for the fourth quarter and financial year ended 31st March 2022 (enclosed) In compliance with the provisions of Regulation 33(3)(d) of the Listing Regulations, the Company hereby declares that the statutory auditors of the Company, Price Waterhouse LLP, Chartered Accountants have issued their Audit Report with unmodified opinion(s) on the Financial Results of the Company for the financial year ended 31 March 2022 (enclosed). Kindly take the same on record.
21-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Board to consider Dividend

With reference to the earlier Letter dated May 11, 2022, intimating about the date of Board meeting for consideration, inter alia, of Annual Audited Financial Statements for Q4 and FY 2022, Gulf Oil Lubricants India Ltd has now informed BSE that at the meeting of Board of Directors of the Company scheduled to be held on May 21, 2022, the Board shall, inter alia, consider recommendation of dividend, if any, on equity shares of the Company, for the financial year ended March 31, 2022.
17-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Update on board meeting

Gulf Oil Lubricants India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2022 ,inter alia, to consider and approve Board to consider Dividend
17-05-2022
Bigul

Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

We hereby inform you that 'Earnings Conference Call' with the Analyst/Institutional Investor is scheduled to be held as per the details given hereunder, to brief them, inter alia, on the Financial Results of the Company for the 4th quarter and financial year ended 31st March 2022: Date & Time: Monday, 23 May 2022 at 4.00 p.m. IST Participant: Several Analysts/Institutional Investors etc. Type of Interaction: Conference Call Details for the same have also been enclosed. Kindly take note of the same.
14-05-2022
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