Past performance
About Arabian Petroleum Ltd Arabian Petroleum Limited, established in 2009 and converted to a public company in 2011, specializes in manufacturing a broad spectrum of lubricants, including automotive and industrial oils under the brands Arzol and SPL. The company, which took over the business from Proprietorship Firm 'Arabian Petroleum', operates its manufacturing facilities in Ambernath with a total capacity of 40,590 KLPA. It has expanded its distribution network with depots across India in Nagpur, Gurugram, Indore, Ludhiana, Rajkot, and Aurangabad.
Arabian Petroleum holds API licenses for specific products and certifications from major corporations like Volvo and Renault. It also engages in private label manufacturing for a diverse clientele, including Varroc Engineering and Mahindra First Choice, along with several government entities like the Indian Air Force and Indian Navy. In September 2023, the company launched an Initial Public Offering to raise Rs. 20.2 Crore, signifying its growth and investment potential in the lubricant sector.
Performance overview