Gandhar Oil Refinery India Ltd

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Company Overview

Gandhar Oil Refinery (India) Limited is a prominent Indian manufacturer specializing in a diverse range of speciality oils and lubricants. Established in 1992, the company has grown significantly over three decades to become a leading global player, ranking among the top five worldwide in its sector with a 7.6% global market share and a 26.5% market share within the Indian oil industry. Operating under its flagship brand "Divyol," Gandhar Oil offers over 350 speciality oil products to a broad and diversified customer base across numerous industries.

Products and Expertise

The company's extensive product portfolio is categorized into Pharmaceutical, Healthcare, and Performance Oils (PHPO), Process Insulating Oils (PIO), and Lubricants, encompassing both industrial and automotive applications. This includes white oils, waxes, petroleum jellies, specialty oils, industrial solvents, rubber process oils, transformer oils, industrial oils (such as hydraulic, turbine, gear, and compressor oils), and automotive engine oils. Gandhar Oil ensures its products meet stringent national and international quality standards, holding approvals from India FDA, ISO Certifications, Kosher, BIS, and Halal, alongside ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and GMP certifications.

Market Presence and Client Relationships

Serving a robust clientele of 3,558 customers in fiscal year 2023, Gandhar Oil caters to key sectors including consumer goods, healthcare, automotive, power distribution, and heavy industry. Notable clients include Marico, Dabur, Encube for PHPO products, and Gulf Oil, Adani Ports and Special Economic Zone, and Toshiba Transmission for lubricants and PIO, demonstrating strong relationships and high customer loyalty. Recognized as a 4-Star Export House by the Directorate General of Foreign Trade, the company's global footprint extends to over 100 countries, underlining its significant international presence.

Operational Footprint and Innovation

With approximately 800 employees, Gandhar Oil maintains multiple manufacturing facilities, including its Taloja plant established in 1994, the Silvassa plant opened in 2000, and its subsidiary Texol Lubritech FZC in Sharjah, UAE, operational since 2017 and fully integrated in 2022. The company also boasts an in-house R&D facility recognized by the DSIR, Ministry of Science and Technology, Government of India, highlighting its commitment to innovation and continuous product development.

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