In terms of revenue, Gandhar Oil Refinery is the top producer of white oils, with an increasing emphasis on the consumer and healthcare end markets. As of June 30, 2022, the company’s product line included more than 350 items, mostly from the lubricants, process and insulating oils (PIO), personal care and healthcare (PHPO) divisions under the “Divyol” brand.

Prominent Indian and international companies use the products as ingredients to make consumer, healthcare, automotive, industrial, power, tyre and rubber end products. Between FY 2020 and 2022, the company’s pro forma consolidated revenue from operations expanded at a compound annual growth rate (CAGR) of 49.68%, which was the highest among certain peers in the specialty oil industry and the second-highest among certain peers in the specialty chemical industry.
As of 30 June 2022, its products were sold in over 100 countries across the globe. Gandhar Oil catered to over 3,529 customers in the FY 2022, including leading Indian and global companies such as Procter & Gamble (P&G), Unilever, Marico, Dabur, Encube, Patanjali Ayurved, Bajaj Consumer Care, Emami, and Amrutanjan Healthcare, supported by our global supplier base and manufacturing operations in India and UAE.
The product categories and primary end-industries for its three main business divisions are as follows:
• Personal Care, Healthcare, and Performance Oils (PHPO)
• Lubricants
• Process and Insulating Oils (PIO)