Integrated Filing — IndAS



General information about company

Scrip Code 532543
NSE Symbol GULFPETRO
MSEI Symbol NOTLISTED
ISIN INE586G01017
Name of company GP Petroleums Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 27-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 27-10-2026   12:55:00
End date and time of board meeting 27-10-2026   14:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 34,075.19 57,108.35
Other income 130.61 266.82
Total income 34,205.80 57,375.17
2 Expenses
(a) Cost of materials consumed 18,342.41 32,769.02
(b) Purchases of stock-in-trade 8,139.24 14,972.77
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 3,262.28 (168.63)
(d) Employee benefit expense 1,017.41 2,040.51
(e) Finance costs 117.74 184.93
(f) Depreciation, depletion and amortisation expense 88.81 174.23
(f) Other Expenses
1 Other Expenses 1,210.09 2,551.39
Total other expenses 1,210.09 2,551.39
Total expenses 32,177.98 52,524.22
3 Total profit before exceptional items and tax 2,027.82 4,850.95
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,027.82 4,850.95
6 Tax expense
7 Current tax 516.64 1,349.62
8 Deferred tax (16.14) (144.49)
9 Total tax expenses 500.50 1,205.13
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,527.32 3,645.82
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (61.97) (122.14)
16 Total profit (loss) for period 1,465.35 3,523.68
17 Other comprehensive income net of taxes 18.72 7.84
18 Total Comprehensive Income for the period 1,484.07 3,531.52
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 2,549.22 2,549.22
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.87 6.91
Diluted earnings (loss) per share from continuing operations 0 0
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.87 6.91
Diluted earnings (loss) per share from continuing and discontinued operations 0 0
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) This Statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015(as ammended), prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent possible. The above unaudited Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 27, 2026. The Statutory Auditors of the Company have carried out a Limited Review of the above results for the quarter and half year ended September 30, 2026, in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015. As at September 30, 2026, the Company has one joint venture company and does not have any subsidiary(ies). The Company has recognised its share of losses of the joint venture in these Consolidated Financial Statements in accordance with Ind AS 28, Investments in Associates and Joint Ventures. Further losses beyond the Company's interest are recognised as provisions under the Current Liabilities as per Ind AS 28. The Board of Directors of the Company, at its meeting held on July 24, 2026, had recommended a final dividend of Rs.0.50 per equity share of face value Rs.5 each (i.e., 10% of the face value) for the financial year 2025–26. The said dividend was approved by the shareholders at the Annual General Meeting held on August 26, 2026, and was paid in September 2026. The above is an extract of the detailed format for quarter ended financial results filed with the stock exchange under Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The full format of Financial results are available on stock exchanges websites (www.bseindia.com and www.nseindia.com). Figures for the previous year/half year/quarter have been regrouped/rearranged, wherever necessary to confirm to those of current quarter classification.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 5,939.28
Capital work-in-progress 734.46
Investment property 5,832.82
Goodwill 0.00
Other intangible assets 4.75
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other current financial liabilities 250.13
Total of other non-current financial assets 250.13
Total non-current financial assets 250.13
Deferred tax assets (net) 129.07
Other non-current assets
1 Other non-current assets 966.00
Total of other non-current assets 966.00
Total non-current assets 13,856.51
2 Current assets
Inventories 7,796.52
Current financial asset
Current investments 0.00
Trade receivables, current 22,325.95
Cash and cash equivalents 5.56
Bank balance other than cash and cash equivalents 324.88
Loans, current 0.00
Other current financial assets
Total of other current financial assets 1,915.43
Total current financial assets 24,571.82
Current tax assets (net)
Other current assets
1 Other current assets 5,010.03
Total of other current assets 5,010.03
Total current assets 37,378.37
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 51,234.88
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,549.22
Other equity 36,228.76
Total equity attributable to owners of parent 38,777.98
Non controlling interest
Total equity 38,777.98
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 49.91
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Other non-current financial liabilities 305.73
Total of other non-current financial liabilities 305.73
Total non-current financial liabilities 355.64
Provisions, non-current 302.20
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 657.84
Current liabilities
Current financial liabilities
Borrowings, current 3,943.20
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 203.88
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3,865.99
Total Trade payable 4,069.87
Other current financial liabilities
1 Other current financial liabilities 281.60
Total of other current financial liabilities 281.60
Total current financial liabilities 8,294.67
Other current liabilities 783.85
1 Other current liabilities 783.85
Total of other current liabilities 783.85
Provisions, current 1,812.89
Current tax liabilities (Net) 907.65
Deferred government grants, Current 0.00
Total current liabilities 11,799.06
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 12,456.90
Total equity and liabilites 51,234.88
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Manufacturing 22,083.00 40,317.00
2 Trading 11,992.00 16,791.00
3 Unallocated 0.00 0.00
Total Segment Revenue 34,075.00 57,108.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 34,075.00 57,108.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing 1,662.00 4,247.00
2 Trading 442.00 696.00
3 Unallocated 131.00 267.00
Total Profit before tax 2,235.00 5,210.00
i. Finance cost 118.00 185.00
ii. Other Unallocable Expenditure net off Unallocable income 89.00 174.00
Profit before tax 2,028.00 4,851.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing 32,301.00 32,301.00
2 Trading 4,875.00 4,875.00
3 Unallocated 14,059.00 14,059.00
Total Segment Asset 51,235.00 51,235.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 51,235.00 51,235.00
4 Segment Liabilities
Segment Liabilities
1 Manufacturing 4,365.00 4,365.00
2 Trading 392.00 392.00
3 Unallocated 46,478.00 46,478.00
Total Segment Liabilities 51,235.00 51,235.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 51,235.00 51,235.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement Gains/(Loss) on Defined Benefit Plans 21.35 10.47
Total Amount of items that will not be reclassified to profit and loss 21.35 10.47
2 Income tax relating to items that will not be reclassified to profit or loss 2.63 2.63
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 18.72 7.84



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 4,850.95
Adjustments for reconcile profit (loss)
Adjustments for finance costs 184.92
Adjustments for decrease (increase) in inventories 1,156.18
Adjustments for decrease (increase) in trade receivables, current (8,229.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (628.89)
Adjustments for decrease (increase) in other non-current assets 249.91
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (95.86)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,257.85
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 420.89
Adjustments for increase (decrease) in other non-current liabilities 38.22
Adjustments for depreciation and amortisation expense 174.24
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 437.18
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 12.40
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (20.84)
Adjustments for dividend income 0.00
Adjustments for interest income 15.11
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (251.72)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 470.45
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (4,839.18)
Net cash flows from (used in) operations 11.77
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 540.87
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (529.10)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 2,819.49
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 10.82
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 1,582.52
Net cash flows from (used in) investing activities (1,226.15)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,021.37
Repayments of borrowings 18.60
Payments of lease liabilities 69.72
Dividends paid 254.92
Interest paid 168.48
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 1,509.65
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (245.60)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (245.60)
Cash and cash equivalents cash flow statement at beginning of period 251.16
Cash and cash equivalents cash flow statement at end of period 5.56