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Gandhar Oil Refinery (India): rating update from CRISIL

Gandhar Oil Refinery (India) (GANDHAR) said CRISIL has assigned its credit rating. The company is valued at about ₹2,565 crore.

BCEIE News Desk · Published 30 Sept 2026, 06:11 pm IST · Filing received 30 Sept 2026, 05:55 pm IST

What happened

Gandhar Oil Refinery (India) (GANDHAR) told the exchanges on 30 September 2026 at 05:55 PM that CRISIL has assigned its credit rating.

Company snapshot

Gandhar Oil Refinery (India) is a small-cap company, with a market value of about ₹2,565 crore.

The stock last traded at ₹262.1, against a 52-week range of ₹115–₹303.2 (13.6% below the high).

Before this filing the shares had moved +2.2% over the month and +42.1% over three months. Average daily turnover over the last 20 sessions was about ₹20.09 crore.

Promoters held 66.60% at the end of Q1 FY27, up 0.13% points from the previous quarter. Foreign institutions owned 1.28% and domestic institutions 1.02%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2690326.22.68
Q2 FY261,06036.13.68
Q3 FY261,16732.43.31
Q4 FY261,09340.74.16
Q1 FY271,732192.319.65

What history shows

This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 2.7% on average the next trading day and was up 2.0% on average after five days (2 filings with price data).

Market-wide, 1,184 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
1 Sept 2026Pursuant to Regulation 30 read with Para A of Part A of Schedule III…+2.1%+1.5%
1 Sept 2026Credit rating+3.2%+2.5%

What to watch

  • Whether other agencies take a similar view on the company's credit.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.