Dolat Capital: Gulf Oil Lubricants - Living The Promise

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Gulf Oil Lubricants India Ltd. had a roller coaster FY20 on a macro level as well as company level.Ambiguity around goods and service tax, volatility in raw material price, crude oil and currency movement impacted the volume growth and profitability.Gulf Oil Lubricants’ focus areas has been digitization, capturing greater opportunities, growing return on investments, brand building and safety and health of employees and people connected with the Company.Their new way forward strategy will take into account all these aspects, towards consistent value creation over the long term. This is their strong commitment to their stakeholders.The coronavirus crisis has affected demand for lubricants; however, a new normal is waiting to emerge as the situation continues to improve.The Company expects to grow at two to three times of the industry, however, may see some delays in FY21 volumes till the economy has not recovered fully and pent up demand coming, before recovering in FY22.The volume growth will continue to outperform the industry from FY22, where growth will come from new product launches, original equipment manufacturer tie ups and expansion of distribution channels..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dolat Capital: Gulf Oil Lubricants - Living The Promise

Dolat Capital: Gulf Oil Lubricants - Living The Promise

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