Gandhar Oil Refinery Limited India Unlisted Shares

About  Gandhar Oil Refinery Limited:

(i) They are amongst the most well-diversified players in the specialty oils and lubricants sector with a wide range of offerings catering to varied industries. It has a range of specialty oils and lubricants include liquid paraffin, industrial oil and greases, transformer oils, automotive lubricants, petroleum jelly, and rubber processing oils which they sell under their flagship brand “Divyol”.

(ii) The business is categorized into two key segments;

(a) The petroleum products segment includes the manufacturing of specialty oils and lubricant products.

(b) Non-coking coal and logistics support services segment includes the procurement of non-coking coal from outside India for our domestic customers and supplying them through our logistics support services.

(iii) Petroleum Products:

For specialty oils and lubricant products, they import raw materials i.e. base oil primarily from South Korea and the Middle East, additives are procured locally from select multi-national corporations and waxes are procured locally and also imported from China and Thailand.

They manufacture specialty oils and lubricants products using compositions, including those developed by in-house research and development team.

The domestic and International customers are spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, automotive, and power. They also supply specialty oils and lubricant products to customers including CEAT Limited, GRP Limited, and Transformers & Rectifiers (India) Limited in India and certain customers outside India.

(iv) Non-coking coal and logistics support services:

For non-coking coal and logistics support services segment, they import non-coking coal, which is used for power and heat generation, from countries like Indonesia and South Africa and supply them to various domestic customers in the power, steel, pharmaceutical, paper, cement, textile, oil, chemicals, sugar, and tyre industries.

(iv) They have two manufacturing facilities situated at Silvassa in Dadra and Nagar Haveli and Taloja in Maharashtra with an annual production capacity of 128,000 KL and 104,000 KL, respectively.