GP Petroleums Limited (GULFPETRO.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+27.8%

₹84.34

vs ₹65.99 price

Levered DCF

₹90.48

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

4.41

Safe zone

Rating

A+

Overall 5 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	4.61×	7.58×	11.6×	6.43×	12.22×	10.32×	10×	20.78×
P/B	0.34×	0.61×	1.06×	0.59×	0.92×	0.79×	0.71×	1.62×
P/S	0.19×	0.33×	0.49×	0.2×	0.32×	0.3×	0.31×	0.56×
EV / EBITDA	3.37×	5.62×	7.68×	4.63×	8.22×	9.38×	7.22×	14.75×
Gross margin	10.5%	9.9%	12.9%	10.7%	12.9%	13.9%	14.5%	12.7%
Operating margin	5.4%	5.6%	5.5%	4.5%	3.9%	10.7%	5.1%	5.2%
Net margin	4.1%	4.3%	4.2%	3.2%	2.6%	2.9%	3.1%	2.7%
Current ratio	4.69×	4.95×	6.06×	4.86×	3.87×	1.97×	3.08×	1.78×
Debt / equity	0.07×	0.1×	0.06×	0.11×	0.14×	0.52×	0.19×	0.65×
Interest coverage	19.35×	28.12×	15.99×	10.56×	6.08×	10.78×	3.62×	4.81×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	2.1%	3.0%	1.1%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	21.6%	29.6%	23.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	7.5%	8.0%	9.1%	9.1%	7.5%	7.6%	7.1%	7.8%
Return on invested capital	6.8%	6.9%	8.3%	8.4%	6.9%	13.7%	7.9%	5.7%
Return on assets	6.2%	6.5%	7.6%	7.3%	5.9%	4.5%	5.2%	4.2%
Free cash flow yield	5.5%	-4.9%	13.0%	6.3%	26.8%	-30.9%	69.6%	-4.0%
Earnings yield	21.7%	13.2%	8.6%	15.6%	8.2%	9.7%	10.0%	4.8%
Enterprise value	₹1.4B	₹2.3B	₹3.4B	₹1.9B	₹2.7B	₹2.9B	₹2B	₹4.7B
Net debt / EBITDA	0.42×	0.8×	0.37×	0.74×	1.07×	3.47×	1.52×	4.2×
Cash conversion cycle (days)	121	133	117	96	105	152	115	154