Gandhar Oil Refinery (India) Limited is a prominent manufacturer of white oils and a diversified player in the specialty oils and lubricants sector. Operating since 1992, the company delivers products under the brand 'Divyol', catering to industries such as automotive, healthcare, and consumer goods. Their offerings include liquid paraffin, industrial oils, greases, transformer oils, and petroleum jelly. The business is structured into two segments: petroleum products, focusing on specialty oils and lubricants, and logistics services, which previously included non-coking coal procurement.
The company operates three manufacturing facilities with significant annual capacity and advanced R&D capabilities. These facilities hold various certifications, such as ISO and GMP, reflecting their commitment to quality and safety standards. Gandhar Oil has also established a joint venture, Texol Lubritech FZC, in collaboration with ESPE Petrochemicals. In FY 2022, Gandhar Oil divested its coal-trading business, reinforcing its focus on core operations. This strategic shift and robust manufacturing infrastructure position it as a leader in its industry.
